CVSANYSEServices-Educational ServicesFiscal year ends June 30
Covista Inc.
Financials through Q4 FY2026, quarter ended Jun 30, 2026Last filing: 10-K on Aug 6, 2026
$128.58+1.83 (+1.44%)
Close on Oct 19, 2026
- Market cap
- $4.47B
- P/E (TTM)
- 18.3
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
57.3%+8.3 pts over 5 years
Operating margin
19.6%+7.3 pts over 5 years
Net margin
12.9%+5.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +9.3% | +10.4% | +16.8% | +6.1% | |
| Gross profit | +10.2% | +11.8% | +20.5% | +8.2% | |
| Operating income | +12.2% | +31.6% | +28.3% | – | |
| Net income | +6.1% | +39.2% | +29.1% | – | |
| EPS, diluted | +13.9% | +50.9% | +38.9% | – | |
| Free cash flow | +36.6% | +33.3% | +20.9% | +8.1% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | 7.5% | 5.4% | 17.5% | |
| Return on assets | 5.5% | 2.6% | 8.7% | |
| Current ratio | 1.25 | 3.71 | 1.09 | |
| Debt to equity | 0.07 | 0.83 | 0.46 | |
| Interest coverage | – | 2.7× | 8.4× | |
| Capex to revenue | 3.5% | 4.4% | 4.0% | |
| Diluted shares | 64M | 52M | 36M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Covista generated $1.31B from operations and spent $1.19B on capital expenditure, dividends and share buybacks. 20% of that went back into the business.
Generated
$1.31B
Used
$1.19B
Capital expenditure$233.98M20%Dividends$00%Share buybacks$958.09M80%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin12.9%
×Asset turnover0.68×
×Equity multiplier2.00×
=Return on equity, FY202617.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 12.9% | 0.68× | 2.00× | 17.5% |
| FY2025 | 13.3% | 0.65× | 1.96× | 16.9% |
| FY2024 | 8.6% | 0.57× | 1.96× | 9.7% |
| FY2023 | 6.4% | 0.50× | 1.98× | 6.3% |
| FY2022 | 22.5% | 0.45× | 2.20× | 22.3% |
| FY2021 | 7.8% | 0.34× | 2.05× | 5.4% |
| FY2020 | -9.8% | 0.39× | 1.67× | -6.3% |
| FY2019 | 9.4% | 0.44× | 1.58× | 6.5% |
| FY2018 | 3.5% | 0.41× | 1.46× | 2.1% |
| FY2017 | 10.1% | 0.55× | 1.36× | 7.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
8of 9 tests passed in fiscal 2026. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$251.57M
- Cash generatingOperating cash flow above zero$470.42M
- Return on assets improvedROA up on the prior year8.6% → 9.1%
- Earnings backed by cashOperating cash flow above net income$470.42M vs $251.57M
- Less leverageLong-term debt to assets fell20.1% → 21.8%
- Better liquidityCurrent ratio rose0.82 → 1.09
- No dilutionShare count did not rise38M → 36M
- Gross margin improvedGross margin up on the prior year56.86% → 57.34%
- More efficientAsset turnover rose0.65 → 0.71