CWGLOTCBeveragesFiscal year ends December 31
Crimson Wine Group, Ltd
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$4.04−0.19 (-4.49%)
Close on Oct 19, 2026
- Market cap
- $83.17M
- P/E (TTM)
- 101.0
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
47.2%+16.5 pts over 5 years
Operating margin
-5.7%+8.1 pts over 5 years
Net margin
0.9%+10.9 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 | -10.8% | -4.3% | +0.3% | +0.7% | |
| Gross profit | -12.4% | -2.2% | +9.3% | -0.6% | |
| Net income | -28.0% | -17.1% | – | -19.1% | |
| EPS, diluted | -25.0% | -15.7% | – | -17.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 1.6% | -3.2% | 0.3% | |
| Return on assets | 1.4% | -2.7% | 0.3% | |
| Current ratio | 7.99 | 8.12 | 9.62 | |
| Debt to equity | 0.07 | 0.13 | 0.08 | |
| Net debt to EBITDA | 0.81× | 2.50× | -1.65× | |
| Interest coverage | 7.4× | -8.1× | -5.0× | |
| Inventory turnover | 0.5× | 0.7× | 0.5× | |
| Capex to revenue | 23.1% | 4.8% | 6.0% | |
| Diluted shares | 24M | 23M | 21M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Crimson Wine generated $36.24M from operations and spent $48.98M on capital expenditure, dividends and share buybacks. 62% of that went back into the business.
Generated
$36.24M
Used
$48.98M
Capital expenditure$30.42M62%Dividends$00%Share buybacks$18.56M38%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin0.9%
×Asset turnover0.30×
×Equity multiplier1.16×
=Return on equity, FY20250.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 0.9% | 0.30× | 1.16× | 0.3% |
| FY2024 | 1.2% | 0.33× | 1.17× | 0.5% |
| FY2023 | 4.3% | 0.33× | 1.18× | 1.7% |
| FY2022 | 1.5% | 0.33× | 1.17× | 0.6% |
| FY2021 | 4.6% | 0.30× | 1.18× | 1.6% |
| FY2020 | -10.0% | 0.27× | 1.18× | -3.2% |
| FY2019 | -8.4% | 0.27× | 1.19× | -2.7% |
| FY2018 | 1.5% | 0.27× | 1.19× | 0.5% |
| FY2017 | 8.7% | 0.26× | 1.18× | 2.6% |
| FY2016 | 5.1% | 0.27× | 1.15× | 1.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$613.00K
- Cash generatingOperating cash flow above zero$1.42M
- Return on assets improvedROA up on the prior year0.4% → 0.3%
- Earnings backed by cashOperating cash flow above net income$1.42M vs $613.00K
- Less leverageLong-term debt to assets fell7.1% → 6.6%
- Better liquidityCurrent ratio rose7.45 → 9.62
- No dilutionShare count did not rise21M → 21M
- Gross margin improvedGross margin up on the prior year48.03% → 47.19%
- More efficientAsset turnover rose0.33 → 0.30