Cadre Holdings, Inc. (CDRE) Key Metrics
CDRE valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $1.13B
- Enterprise value
- $1.49B
- P/E (TTM)
- 32.6 10-yr median 40.2
- Forward P/E
- 18.1
- PEG ratio
- —
- Price / sales
- 1.6 10-yr median 2.3
- Price / book
- 3.3 10-yr median 5.6
- EV / EBITDA
- 16.5 10-yr median 18.1
- Dividend yield
- 1.52% $0.40 a year
- Beta
- 1.33
CDRE key metrics, 2019–2025
Fiscal year ended December 31, 2025 · U.S. dollarsCDRE valuation Price multiples at each fiscal year-end price.
CDRE returns How much profit the business earns on the capital it uses.
CDRE per-share figures Results divided by the shares outstanding at year-end.
CDRE financial health Debt, liquidity and how easily interest is covered.
CDRE efficiency & capital use Working capital cycle and where the cash goes.
CDRE valuation history
CDRE returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CDRE debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CDRE cash returned to shareholders
CDRE price vs earnings per share
CDRE key metrics
2019–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Valuation | |||||||
| Market capitalization | $1.77B | $1.30B | $1.25B | $727.5M | $727.0M | — | — |
| Enterprise value | $1.98B | $1.42B | $1.31B | $840.6M | $852.8M | — | — |
| P/E ratio | 40.2 | 36.1 | 32.3 | 125.0 | 57.4 | — | — |
| Price / sales | 2.9 | 2.3 | 2.6 | 1.6 | 1.7 | — | — |
| Price / book | 5.6 | 4.2 | 6.3 | 4.4 | 8.2 | — | — |
| Price / free cash flow | 31.2 | 49.9 | 18.8 | 17.4 | 19.5 | — | — |
| Price / operating cash flow | 27.8 | 41.0 | 17.0 | 15.7 | 18.1 | — | — |
| EV / sales | 3.2 | 2.5 | 2.7 | 1.8 | 2.0 | — | — |
| EV / EBITDA | 21.3 | 18.1 | 17.8 | 26.9 | 17.3 | — | — |
| EV / free cash flow | 34.8 | 54.3 | 19.6 | 20.1 | 22.9 | — | — |
| Earnings yield | 2.5% | 2.8% | 3.1% | 0.8% | 1.7% | — | — |
| Free cash flow yield | 3.2% | 2.0% | 5.3% | 5.8% | 5.1% | — | — |
| Dividend yield | 0.9% | 1.1% | 1.0% | 1.6% | 1.8% | — | — |
| Shareholder yield (dividends + buybacks) | 0.9% | 1.1% | 1.2% | 1.6% | 1.8% | — | — |
| Share price at fiscal year-end | $40.84 | $32.30 | $32.89 | $20.14 | $25.42 | — | — |
| Per share | |||||||
| Revenue per share | $14.05 | $14.07 | $12.72 | $12.67 | $14.94 | $12.08 | $12.57 |
| Earnings per share | $1.02 | $0.90 | $1.02 | $0.16 | $0.44 | $1.15 | −$0.06 |
| Operating cash flow per share | $1.47 | $0.79 | $1.93 | $1.28 | $1.40 | $1.36 | $0.22 |
| Free cash flow per share | $1.31 | $0.65 | $1.75 | $1.16 | $1.30 | $1.22 | $0.13 |
| Cash per share | $2.83 | $3.10 | $2.31 | $1.25 | $1.18 | $0.09 | $0.08 |
| Book value per share | $7.32 | $7.72 | $5.20 | $4.59 | $3.10 | $0.26 | −$0.90 |
| Tangible book value per share | $0.49 | $1.38 | $1.90 | $0.93 | −$0.70 | −$3.24 | −$4.66 |
| Dividends per share | $0.36 | $0.35 | $0.32 | $0.32 | $0.45 | $0.38 | $0.38 |
| Capex per share | $0.16 | $0.14 | $0.18 | $0.12 | $0.10 | $0.14 | $0.09 |
| Debt per share | $7.55 | $5.92 | $3.87 | $4.39 | $5.58 | $6.36 | $8.20 |
| Shares outstanding | 43.4M | 40.3M | 37.9M | 36.1M | 28.6M | 33.5M | 33.5M |
| Change in shares outstanding | +7.7% | +6.4% | +5.0% | +26.3% | −14.6% | 0.0% | — |
| Returns & profitability | |||||||
| Return on equity (ROE) | 14.0% | 14.2% | 21.3% | 4.6% | 26.0% | — | — |
| Return on invested capital (ROIC) | 11.2% | 13.1% | 15.4% | 4.2% | 15.8% | 21.6% | 8.9% |
| Return on assets (ROA) | 6.2% | 6.7% | 9.4% | 1.7% | 4.3% | 13.0% | −0.6% |
| Return on tangible assets | 9.3% | 9.1% | 12.6% | 2.2% | 6.2% | 23.2% | −1.1% |
| Free cash flow margin | 9.3% | 4.6% | 13.8% | 9.2% | 8.7% | 10.1% | 1.0% |
| Income quality (OCF / net income) | 1.44 | 0.88 | 1.89 | 7.97 | 3.17 | 1.18 | — |
| Financial health | |||||||
| Total debt | $327.8M | $238.8M | $146.8M | $158.4M | $159.7M | $212.8M | $274.6M |
| Cash & short-term investments | $122.9M | $124.9M | $87.7M | $45.3M | $33.9M | $2.9M | $2.5M |
| Net debt | $204.9M | $113.8M | $59.1M | $113.1M | $125.8M | $209.9M | $272.1M |
| Debt / equity | 1.03 | 0.77 | 0.74 | 0.96 | 1.80 | 24.04 | — |
| Debt / assets | 0.43 | 0.37 | 0.34 | 0.40 | 0.51 | 0.75 | 0.89 |
| Net debt / EBITDA | 2.21 | 1.45 | 0.81 | 3.62 | 2.55 | 3.13 | 6.30 |
| Current ratio | 3.50 | 3.48 | 2.58 | 2.50 | 2.14 | 1.88 | 2.27 |
| Quick ratio | 2.54 | 2.61 | 1.73 | 1.61 | 1.29 | 0.90 | 1.28 |
| Interest coverage | 6.3 | 8.5 | 12.5 | 2.7 | 3.1 | 2.0 | 0.9 |
| Working capital | $261.4M | $233.4M | $150.6M | $118.1M | $85.4M | $55.0M | $80.0M |
| Invested capital | $522.7M | $425.3M | $256.3M | $279.0M | $214.5M | $218.8M | $242.1M |
| Tangible asset value | $21.4M | $55.8M | $72.0M | $33.6M | −$20.0M | −$108.5M | −$156.2M |
| Net current asset value | −$86.4M | −$13.6M | $11.8M | −$29.0M | −$63.2M | −$157.0M | −$194.5M |
| Graham number | $12.93 | $12.48 | $10.92 | $4.08 | $5.56 | $2.61 | — |
| Graham net-net per share | −$4.52 | −$2.60 | −$1.64 | −$2.69 | −$4.23 | −$6.22 | −$7.83 |
| Capital allocation | |||||||
| Dividends paid | $15.4M | $13.9M | $12.0M | $11.5M | $12.8M | $12.8M | $12.8M |
| Share buybacks (net) | — | — | $2.7M | $0 | $0 | — | — |
| Dividend payout ratio | 35.0% | 38.6% | 31.1% | 197.7% | 100.7% | 33.2% | — |
| Dividends + buybacks / free cash flow | 27.2% | 53.4% | 22.2% | 27.5% | 34.2% | 31.3% | 294.3% |
| Capex / revenue | 1.1% | 1.0% | 1.4% | 1.0% | 0.7% | 1.2% | 0.7% |
| Capex / operating cash flow | 10.8% | 17.8% | 9.2% | 9.7% | 7.1% | 10.4% | 41.6% |
| Capex / depreciation | 0.37 | 0.35 | 0.43 | 0.29 | 0.21 | 0.32 | 0.20 |
| Stock-based compensation / revenue | 2.0% | 1.5% | 1.9% | 7.0% | 0.1% | −3.4% | 0.1% |
| R&D / revenue | 1.9% | — | 1.4% | 1.9% | 2.9% | 2.3% | 2.2% |
| SG&A / revenue | 30.0% | 28.0% | 28.0% | 33.5% | 26.2% | 25.7% | 28.7% |
| Efficiency | |||||||
| Days sales outstanding | 61.0 | 48.8 | 46.5 | 45.0 | 39.3 | 44.7 | 48.2 |
| Days of inventory on hand | 92.9 | 89.2 | 98.0 | 86.8 | 88.8 | 89.2 | 82.5 |
| Days payables outstanding | 26.4 | 31.7 | 33.6 | 27.6 | 29.4 | 34.6 | 34.1 |
| Cash conversion cycle (days) | 127.5 | 106.3 | 110.9 | 104.2 | 98.7 | 99.4 | 96.6 |
| Receivables turnover | 5.98 | 7.47 | 7.85 | 8.11 | 9.29 | 8.16 | 7.57 |
| Payables turnover | 13.80 | 11.51 | 10.88 | 13.21 | 12.42 | 10.56 | 10.69 |
| Inventory turnover | 3.93 | 4.09 | 3.73 | 4.20 | 4.11 | 4.09 | 4.42 |
| Asset turnover | 0.86 | 1.05 | 1.17 | 1.30 | 1.44 | 1.37 | 1.37 |
| Average receivables | $102.1M | $75.9M | $61.5M | $56.5M | $46.0M | $49.6M | $55.6M |
| Average payables | $26.0M | $29.0M | $25.9M | $21.4M | $20.7M | $23.8M | $25.7M |
| Average inventory | $91.3M | $81.7M | $75.6M | $67.1M | $62.5M | $61.5M | $62.1M |
| Intangibles / total assets | 38.5% | 39.2% | 29.0% | 33.7% | 34.9% | 41.4% | 41.0% |
Computed from CDRE's annual financial statements (latest annual report filed March 10, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
CDRE valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Cadre traded at 40.2 times earnings, against a 7-year median of 40.2. Based on the latest twelve months, the trailing P/E is 32.6 and the forward P/E is 18.1. Cadre earned a return on equity of 14.0% and a return on invested capital of 11.2% in fiscal 2025. It ended the year with $327.8 million of debt and $122.9 million in cash and short-term investments, net debt of $204.9 million. It returned $15.4 million to shareholders: $15.4 million in dividends and $0 in share buybacks, 27% of free cash flow. The share count rose 29.7% from 33.5M to 43.4M over 6 years.
See the CDRE income statement, the CDRE chart for price history, or the CDRE stock overview for the latest quote and news.
CDRE key metrics FAQ
What is Cadre's P/E ratio?
Cadre's trailing P/E ratio is 32.6 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 18.1. At the end of fiscal 2025 it was 40.2, compared with a 7-year median of 40.2.
What is Cadre's EV/EBITDA?
Cadre's enterprise value was 21.3 times EBITDA at the end of fiscal 2025 (enterprise value $2.0 billion, EBITDA $92.8 million); the current EV/EBITDA is 16.5.
What is Cadre's return on equity?
Cadre's return on equity (ROE) was 14.0% in fiscal 2025: net income of $44.1 million on average shareholders' equity of $314.7 million.
What is Cadre's ROIC?
Cadre's return on invested capital was 11.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Cadre have?
Cadre had total debt of $327.8 million at the end of fiscal 2025, a debt-to-equity ratio of 1.03 and $204.9 million of net debt (2.21 times EBITDA).
What is Cadre's dividend yield?
Cadre's forward dividend yield is 1.52%. Cadre paid $15.4 million in dividends in fiscal 2025 ($0.36 per share), a payout ratio of 35.0%.
What is Cadre's free cash flow yield?
Cadre generated $56.8 million of free cash flow in fiscal 2025, a free cash flow yield of 3.2% on its market value at year-end ($1.8 billion).
What is Cadre's current ratio?
Cadre's current ratio was 3.50 at the end of fiscal 2025: current assets were 3.50 times current liabilities.