COHN Financials Cohen & Co Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Aug 9, 2026, 10:16 UTC Overview →

Growth & profitability

Revenue has grown 16.2% per year over the past 5 years.
Net income has grown slower than revenue (0.3% vs 16.2% per year).
Operating margin has contracted, at 21.6% in the latest year.
Free cash flow has declined 8.7% per year over the past 5 years.

Financial health

The company holds more cash ($57M) than total debt ($33M).
Total debt has grown slower than revenue (-6.9% vs 16.2% per year).
Operating income covered interest expense 1.7× in the latest year, up from 0.6× 5 years ago.
Total debt is 0.5× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 14.8% of earnings and 8.2% of free cash flow.
The dividend has grown 139.6% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$276M	$14M	0.0%	21.6%	28.3%	2.1%	$26M	$33M	$57M
2024	$80M	-$129000	0.0%	-10.1%	-0.3%	-0.0%	$8M	$35M	$20M
2023	$83M	-$5M	0.0%	8.3%	-12.3%	-0.7%	-$40M	$30M	$11M
2022	$44M	-$13M	0.0%	-63.0%	-28.6%	-1.5%	-$24M	$29M	$29M
2021	$146M	$12M	0.0%	27.1%	19.1%	0.3%	$17M	$43M	$51M
2020	$130M	$14M	0.0%	32.5%	32.4%	0.2%	$41M	$47M	$42M
2019	$50M	-$2M	0.0%	8.1%	-6.2%	-0.0%	-$16M	$49M	$8M
2018	$49M	-$2M	0.0%	7.4%	-6.9%	-0.0%	-$8M	$44M	$14M
2017	$48M	$2M	0.0%	15.6%	5.2%	0.1%	-$12M	$44M	$23M
2016	$55M	$2M	0.0%	15.5%	5.8%	0.4%	-$9M	$30M	$15M
2015	$46M	-$4M	0.0%	-3.6%	-10.3%	-1.3%	-$4M	$29M	$14M
2014	$56M	-$3M	0.0%	0.5%	-5.4%	-0.8%	$4M	$28M	$12M
2013	$58M	-$13M	0.0%	-36.7%	-25.9%	-6.1%	-$9M	$30M	$13M
2012	$95M	-$968000	0.0%	0.3%	-1.7%	-0.3%	$15M	$26M	$15M
2011	$100M	-$9M	0.0%	-18.1%	-16.5%	-2.2%	-$7M	—	$18M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$69M	$4M	0.0%	17.9%	5.6%	0.4%	$4M	$29M	$40M
Mar '26	$58M	$1M	0.0%	8.9%	2.9%	0.2%	-$32M	$29M	$19M
Dec '25	$103M	$8M	0.0%	29.2%	15.9%	1.2%	-$2M	$33M	$57M
Sep '25	$84M	$5M	0.0%	25.8%	9.6%	0.6%	$22M	$33M	$55M
Jun '25	$60M	$1M	0.0%	12.5%	3.2%	0.1%	$13M	$33M	$26M
Mar '25	$29M	$329000	0.0%	0.4%	0.8%	0.0%	-$7M	$35M	$14M
Dec '24	$19M	-$2M	0.0%	-29.7%	-4.7%	-0.2%	$4M	$35M	$20M
Sep '24	$32M	$2M	0.0%	22.8%	4.9%	0.3%	$4M	$35M	$14M
Jun '24	$11M	-$2M	0.0%	-59.0%	-5.6%	-0.3%	-$5M	$30M	$10M
Mar '24	$19M	$2M	0.0%	-18.2%	4.6%	0.2%	$5M	$30M	$12M
Dec '23	$34M	$5M	0.0%	33.2%	10.9%	0.6%	-$4M	$30M	$11M
Sep '23	$17M	-$423000	0.0%	-24.0%	-1.1%	-0.1%	-$592000	$29M	$13M
Jun '23	$23M	-$7M	0.0%	31.0%	-17.5%	-0.8%	-$8M	$29M	$12M
Mar '23	$9M	-$3M	0.0%	-84.8%	-5.9%	-0.4%	-$28M	$29M	$4M
Dec '22	$12M	-$3M	0.0%	-22.3%	-6.4%	-0.3%	-$28M	$29M	$29M
Sep '22	$23M	-$919000	0.0%	12.1%	-1.8%	-0.1%	-$1M	$29M	$47M
Jun '22	$9M	-$2M	0.0%	-89.2%	-3.7%	-0.1%	-$9M	$29M	$50M
Mar '22	-$682000	-$8M	0.0%	2914.7%	-14.4%	-0.3%	$14M	$29M	$63M
Dec '21	$27M	$4M	0.0%	-9.8%	6.7%	0.1%	$21M	$43M	$51M
Sep '21	$7M	-$3M	0.0%	-290.4%	-5.9%	-0.0%	$20M	$43M	$42M

Valuation over time

How the market has priced COHN against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 5.2× (Dec '25) to 2.2× (Oct '26).
The price-to-sales ratio has fallen from 0.5× (Mar '23) to 0.1× (Oct '26).
The dividend yield has fallen from 11.3% (Mar '23) to 6.7% (Oct '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is COHN growing its revenue and profit?

Over the past 5 years, Cohen & Co Inc.'s revenue has grown 16.2% per year, and net income grown 0.3% per year. These are computed facts, not advice.

How much debt does COHN have?

As of FY2025, Cohen & Co Inc. reported $33M of total debt against $57M of cash; operating income covered interest expense 1.7×.

What is COHN's profit margin?

In FY2025, gross margin was —, operating margin 21.6%, and net margin 5.2%.

What is COHN's P/E ratio?

Cohen & Co Inc.'s P/E (TTM) is 1.80 as of the 2026-10-30 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the COHN stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 2.2× as of Oct '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.