NYSE$CODI

Compass Diversified · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported record first quarter operating results driven by Branded Consumer Performance and raised full year guidance.

Compass Diversified reported strong first quarter results, driven by impressive performance from its branded consumer businesses. The company's revenue and earnings increased across all consumer subsidiaries, with significant contributions from recent acquisitions Marucci and BOA. As a result of this strong performance, Compass Diversified has increased its annual guidance.

  • Reported net sales of $461.6 million for the first quarter 2021.
  • Reported net income of $22.0 million for the first quarter 2021.
  • Reported non-GAAP Adjusted EBITDA of $88.0 million for the first quarter 2021.
  • Reported Cash Provided by Operating Activities of $36.4 million for the first quarter 2021, and non-GAAP Cash Flow Available for Distribution and Reinvestment (‘CAD’) of $46.2 million for the first quarter 2021.

Headline financials

Total Revenue

$462M

Previous: $333M+38.4%
EPS (adj)

$0.01

Previous: -$0.26+103.8%
Adjusted EBITDA

$88M

Previous: $46M+91.3%
Capital Expenditures

-$7.71M

Previous: -$6.6M-16.7%
Free Cash Flow

$11.3M

Previous: -$2.94M+484.2%
Net Income

$19M

Previous: $3.67M+418.3%
Operating Income

$46.2M

Previous: $13.6M+240.9%
Gross Profit

$187M

Previous: $119M+56.4%
Cash & Equivalents

$63.2M

Previous: $291M-78.3%
Total Assets

$3.29B

Previous: $2.05B+60.9%

Revenue & EPS history

Compass Diversified · Revenue · Quarterly

$462M

Q1 2021+38.4%vs Q1 2020
Beat estimate in 15 of 16 quarters(94%)
ActualEstimate

Forward guidance

Compass Diversified expects its current subsidiaries to produce consolidated Adjusted EBITDA for the full calendar year of 2021 of between $325 million and $345 million. Payout Ratio is anticipated to be between 60% and 70%.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-0.7%

Avg return

Earnings day

-1.4%

Avg return

5 days after

+0.5%

Avg return

30 days after

42%

27 / 64 earnings

Positive

+8.8%

Q4 2024

Best reaction

-12.7%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.1%+4.9%-8.6%
Q4 2025-10.4%-15.1%-20.1%
Q3 2025-0.4%-2.8%+18.6%
Q1 2025-3.6%-0.4%+12.3%
Q4 2024+8.8%+0.9%-6.5%
Q3 2024+4.1%+0.9%+13.7%
Q2 2024-9.9%-15.1%-7.1%
Q1 2024-2.9%+0.5%+3.6%
Q4 2023+1.4%+2.2%+6.1%
Q3 2023+8.6%+7.9%+19.8%
Q2 2023-0.1%-1.2%-5.9%
Q1 2023+2.9%+3.3%+11.7%
Q4 2022-5.2%-7.9%-12.4%
Q3 2022-8.1%-9.3%-9.8%
Q2 2022+0.9%-2.6%-15.4%
Q1 2022+8.4%-0.9%+8.8%
Q4 2021+2.6%-1.1%+3.1%
Q3 2021+1.6%+1.1%+2.6%
Q2 2021+0.0%+1.0%+18.8%
Q1 2021+0.9%+3.6%+2.9%
Q4 2020+4.0%-0.8%+2.4%
Q3 2020+0.2%-0.3%+11.0%
Q2 2020-0.9%+1.4%+8.3%
Q1 2020-12.7%-20.5%-18.4%
Q4 2019-6.1%-5.0%-30.7%
Q3 2019+2.0%+10.0%+17.0%
Q2 2019-4.3%-8.0%-6.3%
Q1 2019-0.7%+3.0%-6.0%
Q4 2018-1.2%+0.9%-1.5%
Q3 2018-5.6%-3.6%-3.7%
Q2 2018+1.1%+1.1%+2.3%
Q1 2018-0.6%+1.9%+7.4%
Q4 2017+0.3%+0.0%-0.6%
Q3 2017-0.9%-2.1%-0.9%
Q2 2017+0.9%+0.9%-1.7%
Q1 2017-1.5%-2.7%-3.0%
Q4 2016-2.7%-2.7%-0.3%
Q3 2016-3.5%-3.0%+2.7%
Q2 2016+4.0%+3.1%+3.4%
Q1 2016-1.1%
Q4 2015+1.6%
Q3 2015+0.0%
Q2 2015+0.5%
Q1 2015-1.7%
Q4 2014+1.3%
Q3 2014-0.8%
Q2 2014-1.1%
Q1 2014-5.1%
Q4 2013-2.5%
Q3 2013-1.3%
Q2 2013+0.7%
Q1 2013+3.2%
Q4 2012+0.3%
Q3 2012-3.7%
Q2 2012+1.1%
Q1 2012-5.1%
Q4 2011+2.1%
Q3 2011-4.2%
Q2 2011-9.8%
Q1 2011+5.1%
Q4 2010-1.2%
Q3 2010-3.4%
Q2 2010-0.1%
Q1 2010+6.6%

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