Cadiz Inc (CDZI) stock

CDZINasdaqWater SupplyFiscal year ends December 31Also trades as CDZIP

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-K/A on Oct 29, 2026Score 3/30

$3.32−0.06 (-1.78%)

Close on Nov 12, 2026Market cap $276.97MP/E –Yield –

Cadiz statistics

83 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: –
Last ex-dividend date: No dividends
Fundamentals through: Jun 30, 2026
Share price as of: Nov 12, 2026

Valuation ratiosIndustry

Market Cap: $276.97M; $5.19B
Enterprise Value: $358.64M; $8.57B
PS Ratio: 23.38; 2.84
PB Ratio: 59.37; 1.98

Enterprise valuationIndustry

EV / Sales: 30.28; 4.49

Share statisticsIndustry

Shares Outstanding: 83M; 137M
Shares Change (QoQ): 0.43%; 0.04%
Float: 80M; 118M
Shares Held by Insiders: 3.80%; 1.37%
Shares Held by Institutions: 47.1%; 80.3%

Short sellingIndustry

Short Interest: 13M; –
Short Interest Change: -5.25%; -1.80%
Days to Cover: 8.69; 4.52

Stock price statisticsIndustry

52-Week High: $6.96; –
52-Week Low: $2.87; –
20-Day Moving Average: $3.97; –
50-Day Moving Average: $3.80; –
200-Day Moving Average: $4.24; –
Average True Range (14): $0.32; –
Price Change (1 Week): -2.35%; 0.98%
Price Change (1 Month): 3.11%; 3.20%
Price Change (3 Months): -4.32%; -3.70%
Price Change (6 Months): -28.4%; -2.87%
Price Change (YTD): -40.8%; 4.95%
Price Change (1 Year): -28.0%; 1.43%
Price Change (3 Years): 11.4%; 38.4%
Price Change (5 Years): -43.1%; 23.1%
Price Change (10 Years): -59.5%; 53.3%
Average Volume (10 Days): 981,974; –
Average Volume (20 Days): 1M; –
Average Volume (90 Days): 1M; –
Relative Volume: 0.44; 0.87
Relative Strength Index (14): 39.5; 53.0
Volatility (1 Year): 69.1%; 25.4%
Beta (5 Years): 1.26; 0.45

MarginsIndustry

Gross Margin: 27.1%; 44.0%
Operating Margin: -236.1%; 20.0%
Pretax Margin: -310.9%; 14.6%
Profit Margin: -311.0%; 10.9%
EBITDA Margin: -236.1%; 33.2%
FCF Margin: -263.6%; -8.17%

Returns on capitalIndustry

Return on Equity (ROE): -183.1%; 9.20%
Return on Assets (ROA): -27.2%; 2.64%
Return on Invested Capital (ROIC): -26.4%; 5.77%
Return on Capital Employed (ROCE): -22.4%; 4.78%

Financial positionIndustry

Current Ratio: 1.16; 0.90
Quick Ratio: 0.88; 0.39
Debt / Equity: 18.65; 1.30
Interest Coverage: -2.81; 2.41

GrowthIndustry

Revenue Growth (YoY): -21.3%; 7.96%
Revenue Growth (3Y CAGR): 121.5%; 3.90%
Revenue Growth (5Y CAGR): 97.6%; 7.80%

EfficiencyIndustry

Asset Turnover: 0.09; 0.23
Inventory Turnover: 3.46; 15.50
Revenue Per Employee: $382.07K; $1.11M
Profits Per Employee: -$1.19M; $118.50K
Employee Count: 31; 1,444
WACC: 10.7%; 6.81%

Income statement (TTM)Industry

Revenue: $11.84M; $2.34B
Gross Profit: $3.21M; $841.93M
Operating Income: -$27.96M; $370.54M
Pretax Income: -$36.83M; $279.10M
Net Income: -$36.84M; $140.26M
EBITDA: -$27.96M; $664.06M

Balance sheetIndustry

Cash & Short-Term Investments: $5.32M; $51.50M
Total Debt: $86.99M; $4.67B
Net Cash (Debt): -$81.67M; -$2.57B
Net Cash Per Share: -$0.98; -$23.93
Equity (Book Value): $4.67M; $2.20B
Book Value Per Share: $0.06; $18.60
Tangible Book Value: -$1.05M; $1.44B
Working Capital: $1.59M; -$14.10M

Cash flow (TTM)Industry

Operating Cash Flow: -$26.09M; $516.26M
Capital Expenditures: -$5.14M; -$771.90M
Free Cash Flow: -$31.23M; -$37.62M
FCF Per Share: -$0.37; -$0.53

Dividends and yieldsIndustry

Earnings Yield: -13.3%; 4.38%
FCF Yield: -11.3%; -3.93%
Buyback Yield: 0.00%; -1.03%
Shareholder Yield: 0.00%; 1.60%

Taxes and interestIndustry

Interest Expense: $9.93M; $204.10M

Scores and fair valueIndustry

Altman Z-Score: -6.70; 1.12
Piotroski F-Score: 4; 5

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.

Period	CDZI	S&P 500	Difference	CDZI per year	S&P 500 per year
1 month	-7.8%	-2.7%	−5.1 pts
3 months	-4.3%	-1.7%	−2.6 pts
Year to date	-40.8%	+11.9%	−52.7 pts
1 year	-27.8%	+12.0%	−39.8 pts
3 years	+8.5%	+78.2%	−69.7 pts	+2.8%	+21.2%
5 years	-43.1%	+73.2%	−116.3 pts	-10.7%	+11.6%
10 years	-59.5%	+309.6%	−369.2 pts	-8.6%	+15.1%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

13M CDZI shares were sold short on Oct 30, 2026, down 5.2% from the previous report. At recent volumes it would take 8.7 days to buy them back. Over the last 20 sessions, 49.3% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	12,637,575	-5.2%	1,454,083	8.7
Oct 15, 2026	13,337,205	+24.9%	1,486,118	9.0
Sep 30, 2026	10,674,893	+11.7%	1,205,335	8.9
Sep 15, 2026	9,555,608	+3.4%	878,607	10.9
Aug 31, 2026	9,237,036	+4.5%	984,050	9.4
Aug 14, 2026	8,836,763	-0.5%	574,579	15.4
Jul 31, 2026	8,882,627	-1.8%	1,226,968	7.2
Jul 15, 2026	9,044,617	+18.3%	1,379,975	6.5
Jun 30, 2026	7,644,331	+8.5%	926,374	8.3
Jun 15, 2026	7,046,869	+7.5%	720,288	9.8
May 29, 2026	6,555,245	-10.7%	1,040,661	6.3
May 15, 2026	7,341,492	+8.8%	808,968	9.1