CVGINasdaqMotor Vehicle Parts & AccessoriesFiscal year ends December 31
Commercial Vehicle Group, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 3, 2026
$2.86−0.02 (-0.69%)
Close on Oct 19, 2026
- Market cap
- $99.44M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
10.5%+0.2 pts over 5 years
Operating margin
-0.1%+3.1 pts over 5 years
Net margin
-3.5%+1.7 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 | -10.3% | -6.0% | -2.0% | -2.4% | |
| Gross profit | -6.5% | -7.0% | -1.6% | -4.7% | |
| Free cash flow | – | -11.6% | +4.5% | -1.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 10.3% | -33.1% | -16.9% | |
| Return on assets | 1.6% | -8.3% | -5.6% | |
| Current ratio | 2.91 | 1.88 | 2.43 | |
| Debt to equity | 3.54 | 1.54 | 0.80 | |
| Net debt to EBITDA | 2.49× | -20.55× | 5.19× | |
| Interest coverage | 1.3× | -1.1× | -0.1× | |
| Inventory turnover | 7.8× | 7.4× | 4.7× | |
| Capex to revenue | 1.7% | 1.0% | 1.6% | |
| Diluted shares | 30M | 31M | 34M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Commercial Vehicle generated $215.15M from operations and spent $86.23M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$215.15M
Used
$86.23M
Capital expenditure$86.23M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-3.5%
×Asset turnover1.59×
×Equity multiplier3.04×
=Return on equity, FY2025-16.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -3.5% | 1.59× | 3.04× | -16.9% |
| FY2024 | -3.9% | 1.59× | 2.94× | -18.1% |
| FY2023 | 5.9% | 1.75× | 3.25× | 33.7% |
| FY2022 | -2.8% | 1.60× | 3.96× | -17.8% |
| FY2021 | 2.4% | 2.02× | 4.33× | 21.4% |
| FY2020 | -5.2% | 1.61× | 3.97× | -33.1% |
| FY2019 | 1.8% | 2.12× | 3.56× | 13.2% |
| FY2018 | 4.6% | 2.25× | 4.38× | 45.6% |
| FY2017 | -0.3% | 1.86× | 5.89× | -3.3% |
| FY2016 | 1.0% | 1.53× | 6.55× | 10.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$22.78M
- Cash generatingOperating cash flow above zero$44.64M
- Return on assets improvedROA up on the prior year-5.8% → -5.4%
- Earnings backed by cashOperating cash flow above net income$44.64M vs -$22.78M
- Less leverageLong-term debt to assets fell29.9% → 26.6%
- Better liquidityCurrent ratio rose2.41 → 2.43
- No dilutionShare count did not rise33M → 34M
- Gross margin improvedGross margin up on the prior year10.11% → 10.54%
- More efficientAsset turnover rose1.50 → 1.53