Cadre Holdings, Inc. logo

Cadre Holdings, Inc.

CDRE

NYSEIndustrialsAerospace & Defense

Previous close

$34.12

+$0.27 · +0.80%

Aug 21, 4:00 PM ET

Pre-market

$33.9485

−$0.1715 · -0.50%

Aug 24, 7:06 AM ET

CDRE company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

70

Undervalued

Momentum

27

Weakening

Sentiment

49

Mixed

Risk resilience

45

Elevated Risk

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Company profile

Company website

Cadre Holdings, Inc. specializes in manufacturing and distributing vital safety and survival gear designed to protect individuals in perilous or life-threatening environments, both within the United States and globally. The company operates through two distinct divisions: its proprietary Products segment and a Distribution arm. Under its well-known Safariland and Protech Tactical brands, Cadre produces a wide array of body armor, encompassing discreet concealable vests, correctional facility-specific protection, and tactical models. Their extensive product line also features survival suits, remotely operated vehicles (ROVs), specialized tools, blast detection sensors, various ancillary items, vehicle blast attenuation seating for explosive ordnance disposal technicians, and full bomb suits. Furthermore, they supply essential duty equipment, such as belts and accessories, alongside other protective and law enforcement essentials, including communications systems, forensic investigation kits, firearm cleaning solutions, and crowd management apparatus. Beyond its own manufactured goods, Cadre also acts as a distributor for third-party products like uniforms, optical devices, footwear, firearms, and ammunition. Their clientele is diverse, primarily serving first responders such as state and local law enforcement, fire and rescue teams, explosive ordnance disposal (EOD) specialists, emergency medical technicians, fishing and wildlife enforcement agencies, and correctional departments. Additionally, federal agencies like the U.S. Departments of State, Defense, Interior, Justice, Homeland Security, and Corrections are among their customers, as are various international government bodies. Established in 1964, Cadre Holdings, Inc. maintains its corporate headquarters in Jacksonville, Florida.

Industry
Aerospace & Defense
Sector
Industrials
Headquarters
US
CEO
Warren Kanders
Listed since
Nov 4, 2021
Employees
2,533

Market position

Day range

Current $34.12

52-week range

Current $34.12

Open
$34.065
Previous close
$33.85
Volume
153.38K
0.38× average
Average volume
407.6K
Average daily volume
Market cap
1.46B USD
Beta
1.32
Market reference 1
50-day average
$30.5428
+11.71% above average
200-day average
$35.7648
-4.60% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.87B USD
P/E (TTM)
39.22×
P/B (TTM)
4.21×
P/S (TTM)
2.13×
EV / EBITDA
20.13×
Earnings yield
2.64%
Free cash flow yield
3.41%
Dividend yield
1.16%

Profitability & efficiency

Gross margin
40.75%
Operating margin
10.88%
Net margin
5.26%
Return on equity
13.89%
Return on assets
5.73%
Return on invested capital
7.73%

Financial health

Debt / equity
1.15×
Current ratio
3.5×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends46%30%13%-3%Gross margin, FY2021: 39.95%Gross margin, FY2022: 38.37%Gross margin, FY2023: 41.60%Gross margin, FY2024: 41.14%Gross margin, FY2025: 41.25%Operating margin, FY2021: 12.10%Operating margin, FY2022: 3.65%Operating margin, FY2023: 11.71%Operating margin, FY2024: 11.76%Operating margin, FY2025: 12.30%Net margin, FY2021: 2.96%Net margin, FY2022: 1.27%Net margin, FY2023: 8.01%Net margin, FY2024: 6.37%Net margin, FY2025: 7.23%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 39.95%. Gross margin FY2022 38.37%. Gross margin FY2023 41.60%. Gross margin FY2024 41.14%. Gross margin FY2025 41.25%. Operating margin FY2021 12.10%. Operating margin FY2022 3.65%. Operating margin FY2023 11.71%. Operating margin FY2024 11.76%. Operating margin FY2025 12.30%. Net margin FY2021 2.96%. Net margin FY2022 1.27%. Net margin FY2023 8.01%. Net margin FY2024 6.37%. Net margin FY2025 7.23%.

Income trends

Revenue

610.31M USD+7.53%

Operating income

75.05M USD+12.41%

Net income

44.14M USD+22.16%
Income trends across reported periods670.76M USD428.96M USD187.17M USD−54.63M USDRevenue, FY2021: 427.29M USDRevenue, FY2022: 457.84M USDRevenue, FY2023: 482.53M USDRevenue, FY2024: 567.56M USDRevenue, FY2025: 610.31M USDOperating income, FY2021: 51.72M USDOperating income, FY2022: 16.72M USDOperating income, FY2023: 56.52M USDOperating income, FY2024: 66.76M USDOperating income, FY2025: 75.05M USDNet income, FY2021: 12.66M USDNet income, FY2022: 5.82M USDNet income, FY2023: 38.64M USDNet income, FY2024: 36.13M USDNet income, FY2025: 44.14M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 427.29M USD. Revenue FY2022 457.84M USD. Revenue FY2023 482.53M USD. Revenue FY2024 567.56M USD. Revenue FY2025 610.31M USD. Operating income FY2021 51.72M USD. Operating income FY2022 16.72M USD. Operating income FY2023 56.52M USD. Operating income FY2024 66.76M USD. Operating income FY2025 75.05M USD. Net income FY2021 12.66M USD. Net income FY2022 5.82M USD. Net income FY2023 38.64M USD. Net income FY2024 36.13M USD. Net income FY2025 44.14M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue610.31M USD567.56M USD482.53M USD457.84M USD427.29M USD
Cost of goods sold358.59M USD334.08M USD281.81M USD282.16M USD256.6M USD
Gross profit251.72M USD233.48M USD200.73M USD175.68M USD170.69M USD
Research and development11.4M USD
Selling, general, and administrative165.28M USD158.32M USD140.52M USD153.13M USD114.96M USD
Operating expenses176.68M USD166.72M USD144.21M USD158.96M USD118.97M USD
Interest expense11.83M USD7.82M USD4.53M USD6.21M USD16.43M USD
Depreciation and amortization18.95M USD16.42M USD15.74M USD15.65M USD13.72M USD
Operating income75.05M USD66.76M USD56.52M USD16.72M USD51.72M USD
Net income44.14M USD36.13M USD38.64M USD5.82M USD12.66M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$42.00

23.09% upside
Past 12 months12-month forecastHigh $43.00Average $42.00Low $40.00

Rating distribution

11 ratings
Strong buy00%
Buy873%
Hold218%
Sell19%
Strong sell00%

Recent analyst actions

10 institutions
DA DavidsonmaintainOverweight
JP MorganmaintainOverweight
Lake StreetmaintainBuy
StifelmaintainHold
B. Riley SecuritiesmaintainBuy

CDRE peers

ETFs holding CDRE

Funds reporting this stock among their holdings, ordered by reported position size.

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