Compass Diversified (CODI) Balance Sheet

NYSE: CODIAssets, liabilities, debt and equity over 10 years.

CODI balance sheet, 2025

December 31, 2025 · U.S. dollars

$3.04B assets = $2.47B liabilities + $573.7M equity

Both columns are drawn to the same scale: what CODI owns equals what it owes plus shareholders’ equity. Hover a block for its value.

CODI financial health

Current ratio2.42

Comfortable · current assets cover current liabilities 2.42×

Debt / equity4.25

High leverage · $4.25 of debt for each $1 of equity

Equity / assets14.5%

Thin equity · of assets funded by shareholders

Cash / debt3.6%

Low cash cover · cash & short-term investments vs total debt

Goodwill & intangibles58.8%

Mostly intangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

CODI balance sheet trends, 2016–2025

Compass Diversified balance sheet trends
Metric	Then	Latest	Change
Total assets	$1.78B2016	$3.04B2025	+6.1%/yr
Total liabilities	$882.6M2016	$2.47B2025	+12.1%/yr
Shareholders’ equity	$856.4M2016	$442.0M2025	−7.1%/yr
Cash & short-term investments	$39.8M2016	$68.0M2025	+6.1%/yr
Total debt	$557.3M2016	$1.88B2025	+14.4%/yr
Net cash (debt)	−$517.6M2016	−$1.81B2025	−$1.3B
Working capital	$250.3M2016	$495.5M2025	+$245.2M
Book value per share	$15.692016	$5.882025	−10.3%/yr
Current ratio	2.242016	2.422025	+0.18
Debt / equity	0.652016	4.252025	+3.60
Shares outstanding	54.6M2016	75.2M2025	+3.6%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

CODI assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

CODI liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

CODI debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

CODI balance sheet

Compass Diversified annual balance sheet
	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Assets
Cash & short-term investments	$68.0M	$59.7M	$446.6M	$52.7M	$157.1M	$70.7M	$100.3M	$48.8M	$39.9M	$39.8M
Cash & equivalents	$68.0M	$59.7M	$446.6M	$52.7M	$157.1M	$70.7M	$100.3M	$48.8M	$39.9M	$39.8M
Short-term investments	—	—	—	—	—	—	—	—	$0	$0
Receivables	$202.9M	$207.2M	$185.2M	$203.7M	$268.3M	$232.5M	$191.4M	$205.5M	$215.1M	$181.2M
Inventory	$404.1M	$571.2M	$522.5M	$561.5M	$562.1M	$363.4M	$317.3M	$307.4M	$246.9M	$213.0M
Other current assets	$170.2M	$126.7M	$114.7M	$196.8M	$156.0M	$41.7M	$35.2M	$119.4M	$24.9M	$18.9M
Total current assets	$845.2M	$964.8M	$1.27B	$1.01B	$1.14B	$708.4M	$644.3M	$681.2M	$526.8M	$452.8M
Property, plant & equipment (net)	$209.7M	$244.7M	$191.3M	$183.4M	$178.4M	$172.7M	$146.4M	$146.6M	$173.1M	$142.4M
Goodwill & intangible assets	$1.79B	$1.88B	$1.58B	$1.76B	$1.69B	$1.60B	$1.00B	$1.09B	$1.11B	$1.03B
Long-term investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$141.8M
Other non-current assets	$196.1M	$208.6M	$282.9M	$540.3M	$134.3M	$114.3M	$100.7M	$457.8M	$8.2M	$9.4M
Total assets	$3.04B	$3.30B	$3.33B	$3.49B	$3.14B	$2.60B	$1.89B	$2.37B	$1.82B	$1.78B
Liabilities
Accounts payable	$96.3M	$103.2M	$90.7M	$77.1M	$120.4M	$253.8M	$178.9M	$77.2M	$84.5M	$61.5M
Short-term debt	$37.5M	$1.77B	$1.67B	$10.0M	$186.5M	$8.0M	$18.9M	$5.0M	$5.7M	$5.7M
Deferred revenue	$5.7M	$56.2M	$47.4M	$30.1M	$12.8M	$8.0M	−$18.9M	$11.9M	$7.8M	$20.8M
Total current liabilities	$349.6M	$2.43B	$2.16B	$457.0M	$381.5M	$294.7M	$209.5M	$259.3M	$212.2M	$202.5M
Long-term debt	$1.84B	$1.76B	$1.66B	$1.82B	$1.28B	$899.5M	$394.4M	$1.10B	$584.3M	$551.7M
Other long-term liabilities	$276.1M	$0	$0	$283.0M	$193.4M	$184.2M	$122.1M	$94.8M	$97.8M	$128.4M
Total liabilities	$2.47B	$2.77B	$2.47B	$2.56B	$1.86B	$1.38B	$726.0M	$1.45B	$894.3M	$882.6M
Shareholders' equity
Common stock & paid-in capital	$1.29B	$1.29B	$1.28B	$1.21B	$1.12B	$1.01B	$924.7M	$924.7M	$924.7M	$924.7M
Retained earnings (deficit)	−$1.31B	−$1.00B	−$646.2M	−$632.2M	−$314.3M	−$211.0M	−$109.3M	−$249.5M	−$145.3M	−$58.8M
Treasury stock	—	—	—	—	—	—	—	—	$0	$0
Accumulated other comprehensive income	$738,000	−$5.3M	$3,000	−$1.1M	−$1.0M	−$1.5M	−$3.9M	−$8.8M	−$2.6M	−$9.5M
Minority interest	$131.6M	−$148.0M	−$73.2M	$225.0M	$175.3M	$120.1M	$50.5M	$60.0M	$52.8M	$38.1M
Total shareholders' equity	$442.0M	$678.6M	$929.7M	$877.6M	$1.28B	$1.22B	$1.17B	$859.4M	$873.2M	$856.4M
Key figures
Total debt	$1.88B	$3.53B	$3.33B	$1.83B	$1.47B	$907.4M	$413.3M	$1.10B	$590.0M	$557.3M
Net cash (debt)	−$1.81B	−$3.47B	−$2.89B	−$1.78B	−$1.31B	−$836.7M	−$313.0M	−$1.06B	−$550.1M	−$517.6M
Working capital	$495.5M	−$1.47B	−$891.9M	$557.6M	$761.9M	$413.7M	$434.8M	$421.9M	$314.6M	$250.3M
Tangible book value	−$1.35B	−$1.20B	−$652.3M	−$877.5M	−$403.6M	−$383.0M	$165.4M	−$227.3M	−$239.0M	−$174.4M
Book value per share	$5.88	$8.99	$12.89	$12.41	$19.65	$19.32	$19.46	$14.35	$14.58	$15.69
Shares outstanding	75.2M	75.5M	72.1M	70.7M	65.4M	63.2M	59.9M	59.9M	59.9M	54.6M
Current ratio	2.42	0.40	0.59	2.22	3.00	2.40	3.08	2.63	2.48	2.24
Quick ratio	0.77	0.11	0.29	0.56	1.11	1.03	1.39	0.98	1.20	1.09
Debt / equity	4.25	5.21	3.59	2.09	1.15	0.74	0.35	1.28	0.68	0.65
Equity / assets	14.5%	20.6%	28.0%	25.1%	40.9%	47.0%	61.6%	36.2%	48.0%	48.2%

Compass Diversified quarterly balance sheet
	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23
Assets
Cash & short-term investments	$87.4M	$60.7M	$68.0M	$73.8M	$73.8M	$146.2M	$59.7M	$71.9M	$68.4M	$64.7M	$446.7M	$64.7M
Cash & equivalents	$87.4M	$60.7M	$68.0M	$73.8M	$73.8M	$146.2M	$59.7M	$71.9M	$68.4M	$64.7M	$446.7M	$64.7M
Receivables	$205.5M	$190.3M	$294.6M	$216.4M	$216.4M	$196.4M	$207.2M	$412.7M	$358.5M	$338.3M	$308.2M	$349.8M
Inventory	$375.8M	$375.3M	$404.1M	$605.5M	$605.5M	$598.8M	$571.2M	$939.4M	$843.6M	$788.8M	$723.2M	$801.9M
Other current assets	$63.7M	$277.9M	$78.4M	$134.0M	$134.0M	$123.7M	$126.7M	$100.5M	$126.0M	$126.8M	$125.8M	$99.0M
Total current assets	$732.5M	$904.3M	$845.2M	$1.03B	$1.03B	$1.07B	$964.8M	$1.52B	$1.40B	$1.32B	$1.60B	$1.32B
Property, plant & equipment (net)	$186.7M	$190.8M	$209.7M	$216.6M	$216.6M	$245.6M	$244.7M	$186.6M	$180.9M	$191.9M	$191.3M	$203.5M
Goodwill & intangible assets	$1.65B	$1.67B	$1.79B	$1.83B	$1.83B	$1.86B	$1.88B	$2.07B	$2.09B	$2.17B	$1.74B	$2.11B
Long-term investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$185.0M	$198.3M	$196.1M	$194.3M	$194.3M	$199.9M	$208.6M	$183.8M	$188.4M	$186.1M	$282.9M	$180.4M
Total assets	$2.75B	$2.96B	$3.04B	$3.27B	$3.27B	$3.37B	$3.30B	$3.96B	$3.86B	$3.87B	$3.82B	$3.81B
Liabilities
Accounts payable	$77.3M	$71.8M	$96.3M	$116.8M	$116.8M	$100.1M	$103.2M	$95.8M	$94.8M	$82.4M	$91.1M	$100.2M
Short-term debt	$85.7M	$41.2M	$37.5M	$1.86B	—	—	$1.77B	$12.5M	$10.0M	$10.0M	$10.0M	$10.0M
Deferred revenue	—	—	$5.7M	—	—	—	$56.2M	$215.6M	—	$192.9M	$7.3M	$17.2M
Total current liabilities	$324.3M	$339.0M	$349.6M	$2.54B	$2.54B	$2.54B	$2.43B	$361.2M	$334.3M	$323.0M	$312.4M	$354.3M
Long-term debt	$1.54B	$1.82B	$1.84B	$0	$0	$0	$1.76B	$1.76B	$1.71B	$1.71B	$1.66B	$1.78B
Other long-term liabilities	$282.3M	$275.5M	$276.1M	$324.9M	$324.9M	$315.9M	$0	$334.6M	$343.1M	$341.9M	$323.4M	$291.0M
Total liabilities	$2.15B	$2.43B	$2.47B	$2.86B	$2.86B	$2.85B	$2.77B	$2.46B	$2.39B	$2.37B	$2.30B	$2.42B
Shareholders' equity
Common stock & paid-in capital	$1.29B	$1.29B	$1.29B	$1.29B	—	—	$1.29B	$1.29B	$1.29B	$1.28B	$1.28B	$1.21B
Retained earnings (deficit)	−$1.28B	−$1.35B	−$1.31B	−$1.14B	−$1.14B	−$1.06B	−$1.00B	−$372.4M	−$369.2M	−$324.7M	−$249.2M	−$362.7M
Accumulated other comprehensive income	$373,000	−$108,000	$738,000	−$4.0M	—	—	−$5.3M	−$1.5M	−$4.5M	−$2.0M	$111,000	−$1.2M
Minority interest	$134.6M	$129.7M	$131.6M	−$200.9M	−$191.2M	—	—	—	—	—	—	—
Total shareholders' equity	$472.6M	$400.7M	$442.0M	$601.9M	$601.9M	$680.7M	$678.6M	$1.24B	$1.22B	$1.25B	$1.33B	$1.14B
Key figures
Total debt	$1.75B	$1.86B	$1.88B	$1.86B	—	—	$3.53B	$1.78B	$1.72B	$1.72B	$1.67B	$1.79B
Net cash (debt)	−$1.66B	−$1.80B	−$1.81B	−$1.78B	—	—	−$3.47B	−$1.70B	−$1.65B	−$1.65B	−$1.23B	−$1.72B
Working capital	$408.2M	$565.3M	$495.5M	−$1.51B	−$1.51B	−$1.47B	−$1.47B	$1.16B	$1.06B	$995.6M	$1.29B	$961.1M
Tangible book value	−$1.18B	−$1.27B	−$1.35B	−$1.23B	−$1.23B	−$1.18B	−$1.20B	−$829.5M	−$875.8M	−$917.2M	−$412.2M	−$971.9M
Book value per share	$6.28	$5.33	$5.88	$8.00	$8.00	$9.05	$8.99	$16.35	$16.14	$16.62	$18.32	$15.85
Shares outstanding	75.2M	75.2M	75.2M	75.2M	75.2M	75.2M	75.5M	75.6M	75.4M	75.3M	72.4M	71.9M
Current ratio	2.26	2.67	2.42	0.41	0.41	0.42	0.40	4.22	4.18	4.08	5.13	3.71
Quick ratio	0.90	0.74	1.04	0.11	0.11	0.14	0.11	1.34	1.28	1.25	2.42	1.17
Debt / equity	3.70	4.64	4.25	3.09	—	—	5.21	1.44	1.42	1.37	1.26	1.57
Equity / assets	17.2%	13.5%	14.5%	18.4%	18.4%	20.2%	20.6%	31.2%	31.5%	32.4%	34.8%	29.9%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 27, 2026); data from EODHD.

CODI financial position

At the end of fiscal 2025 (December 31, 2025), Compass Diversified had total assets of $3.0 billion (down 7.8% from a year earlier), total liabilities of $2.5 billion and shareholders' equity of $442.0 million. It held $68.0 million in cash and short-term investments against $1.9 billion of debt, net debt of $1.8 billion. Its current ratio was 2.42. In the latest quarter (ended June 30, 2026) total assets were $2.8 billion and equity $472.6 million.

Related: CODI income statement, CODI cash flow statement, CODI key metrics. See the CODI stock overview for the latest quote and news.

CODI balance sheet FAQ

What are Compass Diversified's total assets?

Compass Diversified reported total assets of $3.0 billion at the end of fiscal 2025 (December 31, 2025), compared with $3.3 billion a year earlier.

How much debt does Compass Diversified have?

Compass Diversified had $1.9 billion of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 4.25.

How much cash does Compass Diversified have?

Compass Diversified held $68.0 million in cash and short-term investments at the end of fiscal 2025; with $1.9 billion of debt that is net debt of $1.8 billion.

What is Compass Diversified's book value?

Compass Diversified's shareholders' equity (book value) was $442.0 million at the end of fiscal 2025, or $5.88 per share.

What is Compass Diversified's current ratio?

Compass Diversified had current assets of $845.2 million and current liabilities of $349.6 million, a current ratio of 2.42 (it can cover its short-term obligations).

How much goodwill does Compass Diversified have?

Compass Diversified carried $1.8 billion of goodwill and intangible assets, 58.8% of total assets, at the end of fiscal 2025.