COHNNYSESecurity Brokers, Dealers & Flotation CompaniesFiscal year ends December 31
Cohen & Co Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 3, 2026
$9.66−0.52 (-5.12%)
Close on Oct 19, 2026
- Market cap
- $60.33M
- P/E (TTM)
- 2.1
- Dividend yield
- 31.06%
Margins
Share of revenue, fiscal years 2011 to 2025
Operating margin
21.6%−11.0 pts over 5 years
Net margin
5.2%−5.7 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 | +246.2% | +83.8% | +16.2% | +19.6% | |
| Operating income | – | – | +7.0% | – | |
| Net income | – | – | +0.3% | – | |
| EPS, diluted | – | – | -10.7% | – | |
| Free cash flow | +217.2% | – | -8.7% | – | |
| Dividend per share | +200.0% | +19.7% | – | +14.1% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 5.8% | 36.8% | 31.1% | |
| Return on assets | 0.5% | 0.2% | 1.7% | |
| Interest coverage | 1.8× | 0.6× | 1.7× | |
| Capex to revenue | 0.4% | 0.2% | 0.5% | |
| Diluted shares | 2M | 5M | 6M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Cohen generated $118.29M from operations and spent $14.32M on capital expenditure, dividends and share buybacks. 31% of that went back into the business.
Generated
$118.29M
Used
$14.32M
Capital expenditure$4.48M31%Dividends$8.98M63%Share buybacks$857.00K6%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin5.2%
×Asset turnover0.33×
×Equity multiplier18.01×
=Return on equity, FY202531.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 5.2% | 0.33× | 18.01× | 31.1% |
| FY2024 | -0.2% | 0.09× | 20.91× | -0.3% |
| FY2023 | -6.2% | 0.10× | 18.77× | -11.6% |
| FY2022 | -30.2% | 0.02× | 41.80× | -24.6% |
| FY2021 | 8.1% | 0.03× | 92.64× | 22.3% |
| FY2020 | 10.9% | 0.02× | 183.24× | 36.8% |
| FY2019 | -4.1% | 0.01× | 233.27× | -5.9% |
| FY2018 | -5.0% | 0.01× | 134.20× | -6.5% |
| FY2017 | 4.3% | 0.04× | 33.02× | 5.2% |
| FY2016 | 4.1% | 0.13× | 11.07× | 5.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$14.43M
- Cash generatingOperating cash flow above zero$27.35M
- Return on assets improvedROA up on the prior year-0.0% → 1.5%
- Earnings backed by cashOperating cash flow above net income$27.35M vs $14.43M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise6M → 6M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.10 → 0.28