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Side-by-side financial comparison of Compass Diversified Holdings (CODI) and New Fortress Energy Inc. (NFE). Click either name above to swap in a different company.
Compass Diversified Holdings is the larger business by last-quarter revenue ($468.6M vs $326.2M, roughly 1.4× New Fortress Energy Inc.). Compass Diversified Holdings runs the higher net margin — -16.8% vs -259.7%, a 242.8% gap on every dollar of revenue. On growth, Compass Diversified Holdings posted the faster year-over-year revenue change (-5.1% vs -7.0%). Compass Diversified Holdings produced more free cash flow last quarter ($36.9M vs $-134.8M). Over the past eight quarters, Compass Diversified Holdings's revenue compounded faster (6.8% CAGR vs -26.8%).
Compass Diversified Holdings is a publicly traded holding firm that acquires and operates a diverse portfolio of middle-market businesses across sectors including consumer goods, industrial manufacturing, outdoor recreation, and food & beverage. It partners with portfolio company leadership teams to drive long-term operational growth and value creation, primarily serving North American markets.
New Fortress Energy Inc. is a global energy infrastructure firm developing, owning and operating LNG import/export terminals, natural gas supply networks and low-carbon projects. It serves utility, industrial and public sector clients across the Americas and Caribbean, delivering affordable, lower-emission energy resources.
CODI vs NFE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $468.6M | $326.2M |
| Net Profit | $-78.8M | $-847.1M |
| Gross Margin | 43.1% | 35.5% |
| Operating Margin | 9.8% | -193.0% |
| Net Margin | -16.8% | -259.7% |
| Revenue YoY | -5.1% | -7.0% |
| Net Profit YoY | -14.4% | -277.4% |
| EPS (diluted) | $-0.91 | $-3.03 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $468.6M | $326.2M | ||
| Q3 25 | $472.6M | $240.3M | ||
| Q2 25 | $478.7M | $228.1M | ||
| Q1 25 | $453.8M | $384.9M | ||
| Q4 24 | $493.9M | $350.7M | ||
| Q3 24 | $456.6M | $446.0M | ||
| Q2 24 | $426.7M | $291.2M | ||
| Q1 24 | $410.8M | $609.5M |
| Q4 25 | $-78.8M | $-847.1M | ||
| Q3 25 | $-74.0M | $-263.0M | ||
| Q2 25 | $-51.2M | $-546.5M | ||
| Q1 25 | $-30.0M | $-175.4M | ||
| Q4 24 | $-68.9M | $-224.4M | ||
| Q3 24 | $-36.0M | $9.3M | ||
| Q2 24 | $-73.1M | $-88.9M | ||
| Q1 24 | $-56.2M | $54.1M |
| Q4 25 | 43.1% | 35.5% | ||
| Q3 25 | 44.0% | 18.1% | ||
| Q2 25 | 43.6% | 8.4% | ||
| Q1 25 | 43.2% | 21.4% | ||
| Q4 24 | 38.6% | 17.6% | ||
| Q3 24 | 43.1% | 27.1% | ||
| Q2 24 | 44.1% | 23.8% | ||
| Q1 24 | 42.6% | 62.4% |
| Q4 25 | 9.8% | -193.0% | ||
| Q3 25 | -2.3% | -37.4% | ||
| Q2 25 | -5.7% | -170.3% | ||
| Q1 25 | 0.8% | -3.3% | ||
| Q4 24 | -3.8% | 65.0% | ||
| Q3 24 | 1.8% | 17.8% | ||
| Q2 24 | 1.8% | 12.3% | ||
| Q1 24 | -2.9% | 30.4% |
| Q4 25 | -16.8% | -259.7% | ||
| Q3 25 | -15.7% | -109.4% | ||
| Q2 25 | -10.7% | -239.6% | ||
| Q1 25 | -6.6% | -45.6% | ||
| Q4 24 | -13.9% | -64.0% | ||
| Q3 24 | -7.9% | 2.1% | ||
| Q2 24 | -17.1% | -30.5% | ||
| Q1 24 | -13.7% | 8.9% |
| Q4 25 | $-0.91 | $-3.03 | ||
| Q3 25 | $-1.21 | $-0.96 | ||
| Q2 25 | $-0.88 | $-1.99 | ||
| Q1 25 | $-0.59 | $-0.65 | ||
| Q4 24 | $-0.57 | $-1.10 | ||
| Q3 24 | $-0.62 | $0.03 | ||
| Q2 24 | $-1.12 | $-0.42 | ||
| Q1 24 | $-1.52 | $0.23 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $68.0M | $226.5M |
| Total DebtLower is stronger | $1.9B | $8.2B |
| Stockholders' EquityBook value | $442.0M | $182.6M |
| Total Assets | $3.0B | $10.6B |
| Debt / EquityLower = less leverage | 4.25× | 44.78× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $68.0M | $226.5M | ||
| Q3 25 | $61.1M | $145.2M | ||
| Q2 25 | $73.8M | $551.1M | ||
| Q1 25 | $146.2M | $447.9M | ||
| Q4 24 | $59.7M | $492.9M | ||
| Q3 24 | $64.9M | $90.8M | ||
| Q2 24 | $61.5M | $133.0M | ||
| Q1 24 | $59.5M | $143.5M |
| Q4 25 | $1.9B | $8.2B | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.8B | $8.9B | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | $1.7B | — | ||
| Q1 24 | $1.7B | — |
| Q4 25 | $442.0M | $182.6M | ||
| Q3 25 | $519.2M | $1.1B | ||
| Q2 25 | $601.9M | $1.3B | ||
| Q1 25 | $680.7M | $1.8B | ||
| Q4 24 | $678.6M | $1.9B | ||
| Q3 24 | $672.2M | $1.6B | ||
| Q2 24 | $711.3M | $1.6B | ||
| Q1 24 | $799.7M | $1.7B |
| Q4 25 | $3.0B | $10.6B | ||
| Q3 25 | $3.2B | $12.0B | ||
| Q2 25 | $3.3B | $12.0B | ||
| Q1 25 | $3.4B | $13.1B | ||
| Q4 24 | $3.3B | $12.9B | ||
| Q3 24 | $3.3B | $12.0B | ||
| Q2 24 | $3.2B | $11.4B | ||
| Q1 24 | $3.3B | $10.9B |
| Q4 25 | 4.25× | 44.78× | ||
| Q3 25 | 3.62× | — | ||
| Q2 25 | 3.09× | — | ||
| Q1 25 | 2.73× | — | ||
| Q4 24 | 2.61× | 4.74× | ||
| Q3 24 | 2.64× | — | ||
| Q2 24 | 2.42× | — | ||
| Q1 24 | 2.15× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $47.0M | $-76.2M |
| Free Cash FlowOCF − Capex | $36.9M | $-134.8M |
| FCF MarginFCF / Revenue | 7.9% | -41.3% |
| Capex IntensityCapex / Revenue | 2.2% | 18.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-51.1M | $-1.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $47.0M | $-76.2M | ||
| Q3 25 | $10.7M | $-171.0M | ||
| Q2 25 | $-35.2M | $-329.0M | ||
| Q1 25 | $-29.3M | $-7.2M | ||
| Q4 24 | $-16.1M | $445.3M | ||
| Q3 24 | $-48.4M | $-20.0M | ||
| Q2 24 | $-61.3M | $113.9M | ||
| Q1 24 | $-25.4M | $63.0M |
| Q4 25 | $36.9M | $-134.8M | ||
| Q3 25 | $481.0K | $-231.6M | ||
| Q2 25 | $-46.0M | $-726.7M | ||
| Q1 25 | $-42.4M | $-262.3M | ||
| Q4 24 | $-39.0M | $-210.3M | ||
| Q3 24 | $-63.5M | $-367.0M | ||
| Q2 24 | $-72.2M | $-493.2M | ||
| Q1 24 | $-33.1M | $-457.9M |
| Q4 25 | 7.9% | -41.3% | ||
| Q3 25 | 0.1% | -96.4% | ||
| Q2 25 | -9.6% | -318.6% | ||
| Q1 25 | -9.4% | -68.2% | ||
| Q4 24 | -7.9% | -60.0% | ||
| Q3 24 | -13.9% | -82.3% | ||
| Q2 24 | -16.9% | -169.3% | ||
| Q1 24 | -8.1% | -75.1% |
| Q4 25 | 2.2% | 18.0% | ||
| Q3 25 | 2.2% | 25.2% | ||
| Q2 25 | 2.3% | 174.4% | ||
| Q1 25 | 2.9% | 66.3% | ||
| Q4 24 | 4.6% | 187.0% | ||
| Q3 24 | 3.3% | 77.8% | ||
| Q2 24 | 2.6% | 208.4% | ||
| Q1 24 | 1.9% | 85.5% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -2.15× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.16× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CODI
| Other | $119.5M | 26% |
| A5.11Tactical | $113.9M | 24% |
| Sterno Products | $85.9M | 18% |
| Altor | $60.8M | 13% |
| The Honey Pot | $36.0M | 8% |
| Arnold | $25.4M | 5% |
| Velocity Outdoor | $18.7M | 4% |
| Lugano | $8.3M | 2% |
NFE
Segment breakdown not available.
