NYSE : CVSA
Covista Inc. — Financial statements
United States
Last price 128.76 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 4.38B
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Financial statements
Covista Inc. (CVSA) reported revenue of 2.00B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 2.00B | 1.95B | 1.79B | 1.58B | 1.45B | 1.38B |
| Cost of Revenue | 853.65M | 833.66M | 771.43M | 698.55M | 648.49M | 659.78M |
| Gross Profit | 1.15B | 1.12B | 1.02B | 886.10M | 802.34M | 722.07M |
| Selling, General & Admin | 747.57M | 730.72M | 671.11M | 614.47M | 576.01M | 566.49M |
| Operating Expenses | 747.57M | 730.72M | 671.11M | 614.47M | 576.01M | 566.49M |
| Operating Income | 402.11M | 389.70M | 345.75M | 271.64M | 226.33M | 155.57M |
| Interest Expense | -44.29M | -45.44M | -52.32M | -63.66M | -63.10M | -129.35M |
| Interest & Investment Income | 5.29M | 5.46M | 8.22M | 9.18M | 10.65M | 4.38M |
| EBT Excluding Unusual Items | 363.11M | 349.73M | 301.65M | 217.16M | 173.88M | 30.60M |
| Merger & Restructuring Charges | -6.18M | -6.33M | -3.31M | -36.09M | -61.48M | -78.83M |
| Gain (Loss) on Sale of Investments | 822.00K | 1.72M | 1.07M | 1.36M | -3.69M | -3.27M |
| Gain (Loss) on Sale of Assets | 13.32M | |||||
| Asset Writedown | -6.44M | |||||
| Legal Settlements | 5.55M | -18.50M | -10.00M | |||
| Pretax Income | 357.75M | 345.12M | 298.51M | 163.94M | 112.03M | -51.49M |
| Income Tax Expense | 79.95M | 77.74M | 65.84M | 26.22M | 10.28M | -15.54M |
| Earnings From Continuing Operations | 277.80M | 267.38M | 232.68M | 137.71M | 101.75M | -35.95M |
| Earnings From Discontinued Operations | -20.63M | -15.81M | 4.39M | -936.00K | -8.39M | 346.95M |
| Net Income to Company | 257.16M | 251.57M | 237.06M | 136.78M | 93.36M | 310.99M |
| Net Income | 257.16M | 251.57M | 237.06M | 136.78M | 93.36M | 310.99M |
| Net Income to Common | 257.16M | 251.57M | 237.06M | 136.78M | 93.36M | 310.99M |
| Shares Outstanding (Basic) | 34.51M | 35.05M | 37.09M | 39.41M | 44.78M | 48.39M |
| Shares Outstanding (Diluted) | 35.09M | 35.72M | 38.33M | 40.31M | 45.60M | 48.39M |
| EPS (Basic) | 7.45 | 7.18 | 6.39 | 3.47 | 2.08 | 6.43 |
| EPS (Diluted) | 7.33 | 7.05 | 6.18 | 3.40 | 2.05 | 6.43 |
| Free Cash Flow | 354.65M | 392.73M | 287.57M | 246.88M | 165.90M | -20.45M |
| Free Cash Flow Per Share | 10.11 | 11.00 | 7.50 | 6.12 | 3.64 | -0.42 |
| Gross Margin | 57.39% | 57.34% | 56.86% | 55.92% | 55.30% | 52.25% |
| Operating Margin | 20.07% | 19.94% | 19.33% | 17.14% | 15.60% | 11.26% |
| Profit Margin | 12.84% | 12.87% | 13.26% | 8.63% | 6.44% | 22.51% |
| Free Cash Flow Margin | 17.70% | 20.10% | 16.08% | 15.58% | 11.43% | -1.48% |
| EBITDA | 456.33M | 444.77M | 397.67M | 346.96M | 328.95M | 297.42M |
| EBITDA Margin | 22.78% | 22.76% | 22.24% | 21.89% | 22.67% | 21.52% |
| D&A For EBITDA | 54.23M | 55.07M | 51.92M | 75.32M | 102.61M | 141.85M |
| EBIT | 402.11M | 389.70M | 345.75M | 271.64M | 226.33M | 155.57M |
| EBIT Margin | 20.07% | 19.94% | 19.33% | 17.14% | 15.60% | 11.26% |
| Effective Tax Rate | 22.35% | 22.53% | 22.05% | 16.00% | 9.18% | |
| Advertising Expenses | 267.10M | 247.40M | 227.90M | 219.40M | 190.70M |
Balance sheet
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 222.22M | 406.32M | 199.60M | 219.31M | 272.19M | 346.97M |
| Cash & Short-Term Investments | 222.22M | 406.32M | 199.60M | 219.31M | 272.19M | 346.97M |
| Accounts Receivable | 241.47M | 169.56M | 146.19M | 126.83M | 102.75M | 81.64M |
| Receivables | 241.47M | 169.56M | 146.19M | 126.83M | 102.75M | 81.64M |
| Prepaid Expenses | 71.04M | 59.53M | 56.04M | 56.85M | 89.97M | 64.78M |
| Restricted Cash | 2.34M | 1.44M | 1.56M | 1.90M | 2.88M | 964.00K |
| Other Current Assets | 15.50M | 15.60M | 12.80M | 13.20M | 12.50M | 62.75M |
| Total Current Assets | 552.57M | 652.44M | 416.19M | 418.08M | 480.30M | 557.10M |
| Property, Plant & Equipment | 522.22M | 507.01M | 447.32M | 425.28M | 419.33M | 467.92M |
| Goodwill | 961.26M | 961.26M | 961.26M | 961.26M | 961.26M | 961.26M |
| Other Intangible Assets | 752.86M | 754.25M | 765.47M | 776.69M | 812.34M | 873.58M |
| Long-Term Accounts Receivable | 21.39M | 21.48M | 24.36M | 26.13M | 27.04M | |
| Long-Term Deferred Tax Assets | 32.96M | 49.09M | 56.69M | 51.09M | ||
| Long-Term Deferred Charges | 14.06M | 14.72M | 7.91M | |||
| Other Long-Term Assets | 103.91M | 101.53M | 96.87M | 84.88M | 53.59M | 75.28M |
| Total Assets | 2.93B | 3.01B | 2.75B | 2.74B | 2.81B | 3.03B |
| Accounts Payable | 96.38M | 124.76M | 105.02M | 102.63M | 81.81M | 57.14M |
| Accrued Expenses | 183.70M | 171.51M | 153.66M | 168.33M | 157.11M | 165.92M |
| Current Portion of Long-Term Debt | 5.10M | 5.10M | ||||
| Current Portion of Leases | 33.98M | 34.80M | 35.16M | 31.43M | 37.67M | 50.78M |
| Current Unearned Revenue | 365.10M | 259.12M | 214.09M | 185.27M | 153.87M | 149.81M |
| Other Current Liabilities | 231.00K | 1.52M | 741.00K | |||
| Total Current Liabilities | 684.50M | 596.82M | 507.93M | 487.66M | 431.20M | 423.65M |
| Long-Term Debt | 495.13M | 657.75M | 552.67M | 648.71M | 695.08M | 838.91M |
| Long-Term Leases | 219.37M | 207.85M | 186.17M | 167.71M | 163.44M | 177.04M |
| Long-Term Unearned Revenue | 32.90M | 30.90M | 25.00M | 19.60M | 10.40M | |
| Long-Term Deferred Tax Liabilities | 69.32M | 61.78M | 31.86M | 29.53M | 26.07M | 25.55M |
| Other Long-Term Liabilities | 5.41M | 11.43M | 15.10M | 19.07M | 27.02M | 73.70M |
| Total Liabilities | 1.51B | 1.57B | 1.32B | 1.37B | 1.35B | 1.54B |
| Common Stock | 851.00K | 848.00K | 839.00K | 832.00K | 822.00K | 818.00K |
| Additional Paid-In Capital | 715.49M | 706.91M | 664.30M | 611.95M | 568.76M | 521.85M |
| Retained Earnings | 3.10B | 3.03B | 2.78B | 2.54B | 2.40B | 2.31B |
| Treasury Stock | -2.39B | -2.29B | -2.01B | -1.78B | -1.51B | -1.34B |
| Comprehensive Income & Other | -2.23M | -2.23M | -2.23M | -2.23M | -2.23M | -2.23M |
| Total Common Equity | 1.42B | 1.45B | 1.43B | 1.37B | 1.46B | 1.49B |
| Shareholders' Equity | 1.42B | 1.45B | 1.43B | 1.37B | 1.46B | 1.49B |
| Total Liabilities & Equity | 2.93B | 3.01B | 2.75B | 2.74B | 2.81B | 3.03B |
| Total Debt | 753.59M | 905.50M | 774.00M | 847.85M | 896.19M | 1.07B |
| Net Cash (Debt) | -531.37M | -499.18M | -574.40M | -628.55M | -624.00M | -719.76M |
| Net Cash Per Share | -15.14 | -13.98 | -14.98 | -15.59 | -13.68 | -14.87 |
| Filing Date Shares Outstanding | 33.26M | 34.04M | 35.96M | 37.69M | 41.54M | 45.20M |
| Total Common Shares Outstanding | 33.57M | 34.03M | 35.95M | 37.68M | 42.31M | 45.18M |
| Working Capital | -131.93M | 55.62M | -91.74M | -69.57M | 49.09M | 133.46M |
| Book Value Per Share | 42.35 | 42.49 | 39.88 | 36.33 | 34.44 | 33.01 |
| Tangible Book Value | -292.48M | -269.33M | -293.11M | -368.82M | -316.26M | -343.45M |
| Tangible Book Value Per Share | -8.71 | -7.91 | -8.15 | -9.79 | -7.47 | -7.60 |
| Land | 31.78M | 31.78M | 31.78M | 31.78M | 35.96M | 44.48M |
| Buildings | 207.71M | 205.97M | 202.24M | 200.27M | 206.35M | 342.24M |
| Machinery | 127.09M | 120.41M | 104.71M | 103.96M | 125.59M | 268.35M |
| Construction In Progress | 67.76M | 58.16M | 24.98M | 11.55M | 23.39M | 11.19M |
| Leasehold Improvements | 155.18M | 141.17M | 120.60M | 114.02M | 99.78M |
Cash flow statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 257.16M | 251.57M | 237.06M | 136.78M | 93.36M | 310.99M |
| Depreciation & Amortization | 81.97M | 83.02M | 84.47M | 107.96M | 151.09M | 186.60M |
| Other Amortization | 7.14M | 7.62M | 5.99M | 5.66M | 9.13M | 42.65M |
| Loss (Gain) From Sale of Assets | 741.00K | 743.00K | 3.02M | 1.11M | -9.32M | 3.50M |
| Loss (Gain) From Sale of Investments | -822.00K | -1.72M | -1.07M | -1.36M | 3.69M | 3.27M |
| Stock-Based Compensation | 41.10M | 41.22M | 41.59M | 25.95M | 14.30M | 22.61M |
| Provision & Write-off of Bad Debts | 76.28M | 68.77M | 63.24M | 53.17M | 33.00M | 27.14M |
| Other Operating Activities | 43.37M | 84.16M | 14.03M | 12.01M | 3.24M | -349.56M |
| Change in Accounts Receivable | -120.79M | -89.26M | -80.82M | -76.36M | -56.31M | -41.39M |
| Change in Accounts Payable | -8.72M | 6.19M | 140.00K | 18.33M | 24.74M | -15.72M |
| Change in Unearned Revenue | 49.77M | 50.92M | 34.27M | 40.62M | 5.81M | 70.36M |
| Change in Other Net Operating Assets | 27.23M | -32.43M | -68.17M | -35.51M | -78.03M | -96.44M |
| Operating Cash Flow | 453.91M | 470.42M | 337.90M | 295.77M | 191.91M | 10.60M |
| Capital Expenditures | -99.27M | -77.70M | -50.33M | -48.89M | -26.01M | -31.05M |
| Sale of Property, Plant & Equipment | 7.33M | |||||
| Cash Acquisitions | -1.49B | |||||
| Divestitures | 960.77M | |||||
| Investment in Securities | -6.00M | -6.00M | 1.07M | 1.04M | 6.13M | -177.00K |
| Other Investing Activities | 43.63M | -3.29M | ||||
| Investing Cash Flow | -105.27M | -83.70M | -41.92M | -47.85M | 23.74M | -551.80M |
| Long-Term Debt Issued | 1.01B | 9.87M | 1.90M | 850.00M | ||
| Long-Term Debt Repaid | -895.28M | -109.87M | -51.90M | -150.86M | -1.08B | |
| Net Debt Issued (Repaid) | -50.83M | 112.17M | -100.00M | -50.00M | -150.86M | -229.71M |
| Issuance of Common Stock | 1.94M | 1.92M | 11.31M | 17.90M | 3.23M | 9.41M |
| Repurchase of Common Stock | -332.72M | -282.23M | -227.32M | -269.70M | -127.72M | -122.83M |
| Other Financing Activities | -8.65M | -11.99M | -13.16M | -81.34M | ||
| Financing Cash Flow | -390.27M | -180.13M | -316.02M | -301.80M | -288.51M | -424.48M |
| Net Cash Flow | -41.63M | 206.59M | -20.04M | -53.87M | -72.86M | -965.68M |
| Free Cash Flow | 354.65M | 392.73M | 287.57M | 246.88M | 165.90M | -20.45M |
| Free Cash Flow Margin | 17.70% | 20.10% | 16.08% | 15.58% | 11.43% | -1.48% |
| Free Cash Flow Per Share | 10.11 | 11.00 | 7.50 | 6.12 | 3.64 | -0.42 |
| Levered Free Cash Flow | 329.95M | 323.94M | 263.84M | 292.69M | 273.21M | 1.09B |
| Unlevered Free Cash Flow | 350.50M | 344.72M | 290.55M | 326.81M | 303.52M | 1.12B |
| Cash Interest Paid | 44.84M | 44.84M | 46.60M | 57.84M | 53.13M | 107.09M |
| Cash Income Tax Paid | 13.65M | 13.65M | 32.78M | 31.48M | 12.31M | 94.36M |
| Change in Working Capital | -52.51M | -64.57M | -114.58M | -52.91M | -103.79M | -83.20M |
Ratios
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.15B | 4.24B | 4.57B | 2.57B | 1.50B | 1.62B |
| Enterprise Value | 4.68B | 4.83B | 5.13B | 3.23B | 2.09B | 2.35B |
| Last Close Price | 124.33 | 124.66 | 127.23 | 68.21 | 34.34 | 35.97 |
| PE Ratio | 17.04 | 16.86 | 19.28 | 18.75 | 16.04 | 5.22 |
| Forward PE | 13.60 | 14.68 | 17.52 | 12.45 | 8.09 | 8.61 |
| PS Ratio | 2.10 | 2.17 | 2.56 | 1.62 | 1.03 | 1.18 |
| PB Ratio | 2.94 | 2.93 | 3.19 | 1.87 | 1.03 | 1.09 |
| P/FCF Ratio | 11.88 | 10.80 | 15.90 | 10.39 | 9.03 | |
| P/OCF Ratio | 9.28 | 9.02 | 13.53 | 8.67 | 7.80 | 153.18 |
| PEG Ratio | 0.90 | 0.98 | 1.17 | 0.83 | 0.54 | 0.49 |
| EV/Sales Ratio | 2.37 | 2.47 | 2.87 | 2.04 | 1.44 | 1.70 |
| EV/EBITDA Ratio | 10.40 | 10.86 | 12.91 | 9.30 | 6.34 | 7.89 |
| EV/EBIT Ratio | 11.80 | 12.40 | 14.85 | 11.88 | 9.22 | 15.08 |
| EV/FCF Ratio | 13.38 | 12.30 | 17.85 | 13.07 | 12.58 | |
| Debt / Equity Ratio | 0.53 | 0.63 | 0.54 | 0.62 | 0.61 | 0.71 |
| Debt / EBITDA Ratio | 1.49 | 1.84 | 1.77 | 2.22 | 2.46 | 3.15 |
| Debt / FCF Ratio | 2.12 | 2.31 | 2.69 | 3.43 | 5.40 | |
| Net Debt / Equity Ratio | 0.37 | 0.34 | 0.40 | 0.46 | 0.43 | 0.48 |
| Net Debt / EBITDA Ratio | 1.16 | 1.12 | 1.44 | 1.81 | 1.90 | 2.42 |
| Net Debt / FCF Ratio | 1.50 | 1.27 | 2.00 | 2.55 | 3.76 | -35.19 |
| Asset Turnover | 0.69 | 0.68 | 0.65 | 0.57 | 0.50 | 0.45 |
| Quick Ratio | 0.68 | 0.96 | 0.68 | 0.71 | 0.87 | 1.01 |
| Current Ratio | 0.81 | 1.09 | 0.82 | 0.86 | 1.11 | 1.31 |
| Return on Equity (ROE) | 19.30% | 18.57% | 16.60% | 9.74% | 6.90% | -2.57% |
| Return on Assets (ROA) | 8.67% | 8.45% | 7.87% | 6.12% | 4.84% | 3.18% |
| Return on Invested Capital (ROIC) | 16.02% | 15.27% | 13.46% | 11.19% | 9.58% | 7.17% |
| Return on Capital Employed (ROCE) | 17.90% | 16.10% | 15.40% | 12.10% | 9.50% | 6.00% |
| Earnings Yield | 5.87% | 5.93% | 5.19% | 5.33% | 6.23% | 19.15% |
| FCF Yield | 8.42% | 9.26% | 6.29% | 9.62% | 11.08% | -1.26% |
| Buyback Yield / Dilution | 7.21% | 6.83% | 4.90% | 11.61% | 5.76% | 6.31% |
| Total Shareholder Return | 7.21% | 6.83% | 4.90% | 11.61% | 5.76% | 6.31% |