NYSE$CODI

Compass Diversified · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Reported strong operating results driven by branded consumer performance, increased revenue, and acquisitions.

Compass Diversified reported strong Q4 and full year 2020 results, driven by branded consumer performance and strategic acquisitions. The company reported net sales of $474.8 million and net income of $8.8 million for the fourth quarter. The company's permanent capital advantage enabled acquisitions of Marucci and BOA.

  • Reported net sales of $474.8 million for the fourth quarter 2020.
  • Reported net income of $8.8 million for the fourth quarter 2020.
  • Reported non-GAAP Adjusted EBITDA of $79.8 million for the fourth quarter 2020.
  • Paid a fourth quarter 2020 cash distribution of $0.36 per share on CODI's common shares in January 2021.

Headline financials

Total Revenue

$475M

Previous: $387M+22.7%
EPS (adj)

$0.55

Previous: -$0.24+329.2%
Capital Expenditures

$10.7M

Previous: $12.9M-17.3%
Free Cash Flow

$25.1M

Previous: $40M-37.4%
Net Income

$8.8M

Previous: $5.4M+63.0%
Operating Income

$32M

Previous: $27.6M+15.6%
Gross Profit

$172M

Previous: $141M+22.2%
Cash & Equivalents

$70.7M

Previous: $100M-29.5%
Total Assets

$2.6B

Previous: $1.89B+37.4%

Revenue & EPS history

Compass Diversified · Revenue · Quarterly

$475M

Q4 2020+22.7%vs Q4 2019
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Forward guidance

The Company expects its current subsidiaries to produce consolidated Adjusted EBITDA in 2021 of between $305 million and $325 million. Payout Ratio is anticipated to be between 80% 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 Q4 2020

Historical avgQ4 2020

-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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