NASDAQ : CSTE
Caesarstone Ltd. — Financial statements
Industrials · Building Products & Equipment · Israel
Last price 1.69 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 58.46M
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Financial statements
Caesarstone Ltd. (CSTE) reported revenue of 381.81M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 381.81M | 397.23M | 443.22M | 565.23M | 690.81M | 643.89M |
| Cost of Revenue | 300.70M | 321.91M | 345.69M | 469.67M | 527.32M | 472.39M |
| Gross Profit | 81.11M | 75.31M | 97.53M | 95.56M | 163.48M | 171.50M |
| Selling, General & Admin | 115.26M | 119.01M | 125.36M | 131.71M | 146.01M | 136.57M |
| Research & Development | 5.62M | 5.67M | 4.95M | 5.09M | 4.10M | 4.22M |
| Operating Expenses | 120.88M | 124.68M | 130.31M | 136.80M | 150.11M | 140.79M |
| Operating Income | -39.77M | -49.37M | -32.78M | -41.24M | 13.38M | 30.71M |
| Interest Expense | -5.57M | -2.64M | -4.15M | -5.33M | -5.73M | -6.74M |
| Interest & Investment Income | 3.15M | 3.15M | 4.80M | 1.58M | 307.00K | 554.00K |
| Currency Exchange Gain (Loss) | -8.27M | -8.27M | -662.00K | 4.89M | 8.73M | -1.07M |
| EBT Excluding Unusual Items | -50.46M | -57.13M | -32.79M | -40.11M | 16.69M | 23.46M |
| Merger & Restructuring Charges | -4.71M | -3.28M | 5.33M | -6.82M | -237.00K | |
| Impairment of Goodwill | -44.83M | |||||
| Gain (Loss) on Sale of Investments | -63.00K | -237.00K | -334.00K | |||
| Asset Writedown | -51.45M | -45.65M | -7.01M | -45.04M | -26.43M | |
| Legal Settlements | -28.74M | -25.55M | -7.24M | 4.77M | -568.00K | -3.28M |
| Other Unusual Items | -3.26M | -1.85M | -181.00K | 304.00K | ||
| Pretax Income | -138.62M | -133.47M | -41.90M | -86.96M | -55.61M | 19.84M |
| Income Tax Expense | 4.07M | 4.28M | 1.08M | 21.28M | 758.00K | 1.95M |
| Earnings From Continuing Operations | -142.69M | -137.76M | -42.98M | -108.24M | -56.37M | 17.89M |
| Minority Interest in Earnings | -10.00K | 292.00K | 144.00K | 584.00K | -688.00K | 1.08M |
| Net Income | -142.70M | -137.47M | -42.83M | -107.66M | -57.05M | 18.97M |
| Preferred Dividends & Other Adjustments | 101.00K | 101.00K | -3.78M | 532.00K | 198.00K | 1.40M |
| Net Income to Common | -142.80M | -137.57M | -39.05M | -108.19M | -57.25M | 17.57M |
| Shares Outstanding (Basic) | 34.58M | 34.57M | 34.54M | 34.52M | 34.49M | 34.46M |
| Shares Outstanding (Diluted) | 34.58M | 34.57M | 34.54M | 34.52M | 34.49M | 34.57M |
| EPS (Basic) | -4.13 | -3.98 | -1.13 | -3.13 | -1.66 | 0.51 |
| EPS (Diluted) | -4.13 | -3.98 | -1.13 | -3.13 | -1.66 | 0.51 |
| Free Cash Flow | -22.51M | -47.06M | 21.45M | 55.36M | -41.11M | -10.79M |
| Free Cash Flow Per Share | -0.65 | -1.36 | 0.62 | 1.60 | -1.19 | -0.31 |
| Dividend Per Share | 0.25 | 0.31 | ||||
| Gross Margin | 21.24% | 18.96% | 22.00% | 16.91% | 23.66% | 26.63% |
| Operating Margin | -10.42% | -12.43% | -7.40% | -7.30% | 1.94% | 4.77% |
| Profit Margin | -37.40% | -34.63% | -8.81% | -19.14% | -8.29% | 2.73% |
| Free Cash Flow Margin | -5.90% | -11.85% | 4.84% | 9.79% | -5.95% | -1.68% |
| EBITDA | -29.17M | -35.17M | -15.65M | -11.23M | 49.72M | 66.12M |
| EBITDA Margin | -7.64% | -8.85% | -3.53% | -1.99% | 7.20% | 10.27% |
| D&A For EBITDA | 10.60M | 14.20M | 17.13M | 30.01M | 36.34M | 35.41M |
| EBIT | -39.77M | -49.37M | -32.78M | -41.24M | 13.38M | 30.71M |
| EBIT Margin | -10.42% | -12.43% | -7.40% | -7.30% | 1.94% | 4.77% |
| Effective Tax Rate | 9.83% | |||||
| Advertising Expenses | 14.47M | 14.52M | 15.73M | 14.78M | 15.31M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 51.77M | 58.44M | 57.34M | 54.62M | 52.08M | 74.31M |
| Short-Term Investments | 1.48M | 49.00M | 36.50M | 7.08M | 11.23M | |
| Cash & Short-Term Investments | 51.77M | 59.92M | 106.34M | 91.12M | 59.16M | 85.54M |
| Accounts Receivable | 48.68M | 48.29M | 46.88M | 66.89M | 77.90M | 82.81M |
| Other Receivables | 47.43M | 14.14M | 40.19M | 16.46M | 22.45M | 22.12M |
| Receivables | 96.11M | 62.43M | 87.07M | 83.35M | 100.34M | 104.93M |
| Inventory | 76.26M | 94.28M | 112.61M | 136.45M | 238.23M | 204.72M |
| Prepaid Expenses | 6.25M | 6.50M | 5.39M | 6.31M | 5.88M | |
| Other Current Assets | 30.21M | 35.96M | 3.64M | 3.81M | 7.44M | |
| Total Current Assets | 224.14M | 253.09M | 348.48M | 319.95M | 407.86M | 408.53M |
| Property, Plant & Equipment | 118.09M | 134.92M | 190.36M | 242.87M | 312.61M | 375.02M |
| Long-Term Investments | 8.65M | |||||
| Goodwill | 45.80M | |||||
| Other Intangible Assets | 263.00K | 6.26M | 8.82M | 9.63M | ||
| Long-Term Deferred Tax Assets | 4.58M | 4.01M | 2.91M | 3.06M | 16.25M | 10.88M |
| Other Long-Term Assets | 6.21M | 6.42M | 7.03M | 7.72M | 7.44M | 9.16M |
| Total Assets | 353.02M | 398.44M | 549.04M | 579.86M | 752.98M | 867.65M |
| Accounts Payable | 34.97M | 37.78M | 52.84M | 42.85M | 62.19M | 81.37M |
| Accrued Expenses | 63.02M | 19.52M | 19.68M | 22.24M | 25.03M | 28.18M |
| Short-Term Debt | 401.00K | 2.43M | 2.53M | 2.80M | 23.86M | 3.03M |
| Current Portion of Long-Term Debt | 176.00K | 669.00K | 2.23M | 2.57M | 2.56M | 11.77M |
| Current Portion of Leases | 26.92M | 24.34M | 23.93M | 22.74M | 22.77M | |
| Current Income Taxes Payable | 6.87M | 3.58M | 5.62M | 4.89M | 6.01M | |
| Other Current Liabilities | 42.49M | 43.99M | 46.48M | 21.21M | 23.71M | 30.16M |
| Total Current Liabilities | 141.05M | 138.17M | 151.69M | 121.22M | 164.98M | 183.29M |
| Long-Term Debt | 444.00K | 2.55M | 4.82M | 6.24M | ||
| Long-Term Leases | 95.55M | 106.38M | 107.31M | 114.15M | 124.35M | 143.32M |
| Long-Term Deferred Tax Liabilities | 2.03M | 2.17M | 2.44M | 3.01M | 4.29M | 4.99M |
| Other Long-Term Liabilities | 12.22M | 12.51M | 13.37M | 16.08M | 25.58M | 27.64M |
| Total Liabilities | 250.84M | 259.23M | 275.26M | 257.01M | 324.03M | 365.49M |
| Common Stock | 371.00K | 371.00K | 371.00K | 371.00K | 371.00K | 371.00K |
| Additional Paid-In Capital | 167.92M | 167.70M | 166.50M | 164.46M | 163.43M | 161.93M |
| Retained Earnings | -9.64M | 27.03M | 164.60M | 203.65M | 311.84M | 377.72M |
| Treasury Stock | -39.43M | -39.43M | -39.43M | -39.43M | -39.43M | -39.43M |
| Comprehensive Income & Other | -17.05M | -16.46M | -20.46M | -13.99M | -15.16M | -6.29M |
| Total Common Equity | 102.17M | 139.21M | 271.58M | 315.06M | 421.05M | 494.30M |
| Minority Interest | 2.20M | 7.79M | 7.90M | 7.87M | ||
| Shareholders' Equity | 102.17M | 139.21M | 273.79M | 322.85M | 428.95M | 502.16M |
| Total Liabilities & Equity | 353.02M | 398.44M | 549.04M | 579.86M | 752.98M | 867.65M |
| Total Debt | 96.13M | 136.39M | 136.86M | 146.00M | 178.34M | 187.13M |
| Net Cash (Debt) | -44.36M | -76.47M | -30.52M | -54.88M | -119.18M | -92.94M |
| Net Cash Per Share | -1.28 | -2.21 | -0.88 | -1.59 | -3.46 | -2.69 |
| Filing Date Shares Outstanding | 34.58M | 34.58M | 34.56M | 34.54M | 34.51M | 34.48M |
| Total Common Shares Outstanding | 34.58M | 34.57M | 34.55M | 34.53M | 34.51M | 34.47M |
| Working Capital | 83.09M | 114.91M | 196.79M | 198.72M | 242.87M | 225.23M |
| Book Value Per Share | 2.95 | 4.03 | 7.86 | 9.12 | 12.20 | 14.34 |
| Tangible Book Value | 102.17M | 139.21M | 271.32M | 308.80M | 412.23M | 438.87M |
| Tangible Book Value Per Share | 2.95 | 4.03 | 7.85 | 8.94 | 11.95 | 12.73 |
| Buildings | 31.07M | 51.02M | 131.27M | 129.68M | 142.87M | |
| Machinery | 55.54M | 194.82M | 384.60M | 375.37M | 362.70M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -142.70M | -137.47M | -42.83M | -107.66M | -57.05M | 18.97M |
| Depreciation & Amortization | 10.60M | 14.20M | 17.13M | 30.01M | 36.34M | 35.41M |
| Loss (Gain) From Sale of Assets | 126.00K | 149.00K | 980.00K | 18.00K | 67.00K | -3.00K |
| Asset Writedown & Restructuring Costs | 53.54M | 48.75M | 1.01M | 47.94M | 71.26M | |
| Loss (Gain) From Sale of Investments | 63.00K | 238.00K | 412.00K | |||
| Stock-Based Compensation | 733.00K | 1.20M | 2.04M | 1.02M | 1.50M | 1.85M |
| Other Operating Activities | 28.44M | 25.45M | 7.44M | -5.36M | 1.32M | 2.04M |
| Change in Accounts Receivable | 5.27M | 88.00K | 18.75M | 11.76M | 2.61M | 815.00K |
| Change in Inventory | 38.77M | 21.10M | 20.13M | 101.55M | -40.88M | -54.19M |
| Change in Accounts Payable | -19.20M | -15.34M | 8.95M | -29.46M | -21.03M | 28.28M |
| Change in Other Net Operating Assets | 8.31M | 4.80M | -1.10M | 4.74M | -11.99M | -8.41M |
| Operating Cash Flow | -17.98M | -38.03M | 31.87M | 66.53M | -23.31M | 20.68M |
| Capital Expenditures | -4.54M | -9.04M | -10.42M | -11.17M | -17.80M | -31.48M |
| Sale of Property, Plant & Equipment | 3.64M | 3.73M | 67.00K | 177.00K | 12.00K | 9.00K |
| Cash Acquisitions | -1.56M | -2.25M | ||||
| Investment in Securities | 47.52M | 47.52M | -12.50M | -29.40M | 12.40M | -1.34M |
| Other Investing Activities | -64.00K | -243.00K | 51.00K | -135.00K | 348.00K | -2.07M |
| Investing Cash Flow | 46.56M | 41.98M | -24.36M | -40.53M | -7.29M | -34.88M |
| Short-Term Debt Issued | 18.64M | |||||
| Total Debt Issued | 18.64M | |||||
| Short-Term Debt Repaid | -1.96M | -2.54M | -23.27M | -11.76M | ||
| Long-Term Debt Repaid | -859.00K | -1.32M | ||||
| Total Debt Repaid | -2.98M | -1.96M | -2.54M | -23.27M | -859.00K | -13.08M |
| Net Debt Issued (Repaid) | -2.98M | -1.96M | -2.54M | -23.27M | 17.78M | -13.08M |
| Common Dividends Paid | -8.62M | -10.68M | ||||
| Other Financing Activities | -1.92M | -1.92M | -500.00K | -511.00K | -1.49M | |
| Financing Cash Flow | -4.90M | -3.88M | -3.04M | -23.78M | 9.16M | -25.25M |
| Foreign Exchange Rate Adjustments | -20.00K | 1.04M | -1.76M | 318.00K | -794.00K | -478.00K |
| Net Cash Flow | 23.66M | 1.10M | 2.71M | 2.54M | -22.23M | -39.93M |
| Free Cash Flow | -22.51M | -47.06M | 21.45M | 55.36M | -41.11M | -10.79M |
| Free Cash Flow Margin | -5.90% | -11.85% | 4.84% | 9.79% | -5.95% | -1.68% |
| Free Cash Flow Per Share | -0.65 | -1.36 | 0.62 | 1.60 | -1.19 | -0.31 |
| Levered Free Cash Flow | 49.03M | 8.40M | 3.03M | 86.72M | -30.79M | -15.94M |
| Unlevered Free Cash Flow | 52.51M | 10.05M | 5.62M | 90.06M | -27.21M | -11.73M |
| Cash Interest Paid | 280.00K | 280.00K | 548.00K | 716.00K | 1.16M | 1.92M |
| Cash Income Tax Paid | 546.00K | 546.00K | 3.12M | 1.85M | 4.97M | 7.38M |
| Change in Working Capital | 31.29M | 9.69M | 46.10M | 100.49M | -76.98M | -37.98M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 60.01M | 64.27M | 146.79M | 129.12M | 196.86M | 390.56M |
| Enterprise Value | 104.37M | 110.86M | 152.48M | 180.21M | 295.83M | 444.58M |
| Last Close Price | 1.72 | 1.86 | 4.25 | 3.74 | 5.71 | 11.07 |
| PE Ratio | 22.23 | |||||
| Forward PE | 33.81 | 33.81 | 33.81 | 12.69 | 13.91 | |
| PS Ratio | 0.16 | 0.16 | 0.33 | 0.23 | 0.28 | 0.61 |
| PB Ratio | 0.58 | 0.46 | 0.54 | 0.40 | 0.46 | 0.78 |
| P/TBV Ratio | 0.58 | 0.46 | 0.54 | 0.42 | 0.48 | 0.89 |
| P/FCF Ratio | 6.84 | 2.33 | ||||
| P/OCF Ratio | 4.61 | 1.94 | 18.88 | |||
| PEG Ratio | 0.93 | 0.93 | 0.93 | 0.93 | 0.93 | |
| EV/Sales Ratio | 0.27 | 0.28 | 0.34 | 0.32 | 0.43 | 0.69 |
| EV/EBITDA Ratio | 5.95 | 6.72 | ||||
| EV/EBIT Ratio | 22.12 | 14.48 | ||||
| EV/FCF Ratio | 7.11 | 3.25 | ||||
| Debt / Equity Ratio | 0.94 | 0.98 | 0.50 | 0.45 | 0.42 | 0.37 |
| Debt / EBITDA Ratio | 106.16 | 7.40 | 8.03 | 2.27 | 2.00 | |
| Debt / FCF Ratio | 6.38 | 2.64 | ||||
| Net Debt / Equity Ratio | 0.43 | 0.55 | 0.11 | 0.17 | 0.28 | 0.18 |
| Net Debt / EBITDA Ratio | -1.52 | -2.17 | -1.95 | -4.89 | 2.40 | 1.41 |
| Net Debt / FCF Ratio | -1.97 | -1.62 | 1.42 | 0.99 | -2.90 | -8.61 |
| Asset Turnover | 0.87 | 0.84 | 0.79 | 0.85 | 0.85 | 0.76 |
| Inventory Turnover | 3.13 | 3.11 | 2.78 | 2.51 | 2.38 | 2.65 |
| Quick Ratio | 1.05 | 0.89 | 1.27 | 1.44 | 0.97 | 1.04 |
| Current Ratio | 1.59 | 1.83 | 2.30 | 2.64 | 2.47 | 2.23 |
| Return on Equity (ROE) | -81.30% | -66.71% | -14.41% | -28.79% | -12.11% | 3.59% |
| Return on Assets (ROA) | -5.63% | -6.51% | -3.63% | -3.87% | 1.03% | 2.27% |
| Return on Invested Capital (ROIC) | -25.03% | -18.99% | -9.61% | -8.91% | 2.32% | 4.84% |
| Return on Capital Employed (ROCE) | -18.80% | -19.00% | -8.30% | -9.00% | 2.30% | 4.50% |
| Earnings Yield | -238.03% | -213.88% | -29.18% | -83.38% | -28.98% | 4.86% |
| FCF Yield | -37.84% | -73.23% | 14.62% | 42.88% | -20.88% | -2.76% |
| Dividend Yield | 4.38% | 2.74% | ||||
| Payout Ratio | 56.32% | |||||
| Buyback Yield / Dilution | -0.07% | -0.09% | -0.06% | -0.09% | 0.24% | -0.28% |
| Total Shareholder Return | -0.07% | -0.09% | -0.06% | -0.09% | 4.62% | 2.46% |