CELHNasdaqBottled & Canned Soft Drinks & Carbonated WatersFiscal year ends December 31
Celsius Holdings, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$29.72+1.53 (+5.43%)
Close on Oct 19, 2026
- Market cap
- $7.64B
- P/E (TTM)
- 129.2
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2014 to 2025
Gross margin
50.4%+3.7 pts over 5 years
Operating margin
5.6%−0.4 pts over 5 years
Net margin
4.3%−2.2 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +85.5% | +56.7% | +80.7% | +64.6% | |
| Gross profit | +86.3% | +67.3% | +83.5% | +68.1% | |
| Operating income | -9.4% | – | +77.9% | – | |
| Net income | -25.6% | – | +66.2% | – | |
| EPS, diluted | -44.4% | – | +46.8% | – | |
| Free cash flow | +35.0% | +47.9% | +158.1% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -31.2% | 10.2% | 13.7% | |
| Return on assets | -18.6% | 7.7% | 3.1% | |
| Current ratio | 7.61 | 3.53 | 1.68 | |
| Debt to equity | – | – | 0.57 | |
| Net debt to EBITDA | – | – | 1.63× | |
| Interest coverage | -12.4× | – | 2.9× | |
| Inventory turnover | 5.7× | 4.1× | 5.3× | |
| Capex to revenue | 0.1% | 0.4% | 1.4% | |
| Diluted shares | 116M | 223M | 255M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Celsius generated $968.33M from operations and spent $96.29M on capital expenditure, dividends and share buybacks. 92% of that went back into the business.
Generated
$968.33M
Used
$96.29M
Capital expenditure$88.30M92%Dividends$00%Share buybacks$7.99M8%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin4.3%
×Asset turnover0.73×
×Equity multiplier4.35×
=Return on equity, FY202513.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 4.3% | 0.73× | 4.35× | 13.7% |
| FY2024 | 10.7% | 0.82× | 4.98× | 43.7% |
| FY2023 | 17.2% | 0.96× | 9.07× | 149.1% |
| FY2022 | -28.7% | 0.85× | 5.97× | -145.7% |
| FY2021 | 1.3% | 1.41× | 1.39× | 2.5% |
| FY2020 | 6.5% | 1.18× | 1.32× | 10.2% |
| FY2019 | 13.3% | 1.20× | 1.66× | 26.5% |
| FY2018 | -21.3% | 1.70× | 2.13× | -77.4% |
| FY2017 | -22.8% | 1.61× | 1.60× | -58.8% |
| FY2016 | -13.5% | 1.38× | 1.68× | -31.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$108.00M
- Cash generatingOperating cash flow above zero$359.44M
- Return on assets improvedROA up on the prior year9.4% → 6.1%
- Earnings backed by cashOperating cash flow above net income$359.44M vs $108.00M
- Less leverageLong-term debt to assets fell0.0% → 13.1%
- Better liquidityCurrent ratio rose3.62 → 1.68
- No dilutionShare count did not rise237M → 255M
- Gross margin improvedGross margin up on the prior year50.18% → 50.39%
- More efficientAsset turnover rose0.88 → 1.42