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Compass Diversified vs Flexsteel Industries: revenue, profit, margins and growth compared

Compass Diversified brought in $1.9B of revenue in fiscal 2025, Flexsteel Industries $459.2M in fiscal 2026. Revenue changed by +4.8% at Compass Diversified and +4.1% at Flexsteel Industries on the year before, so Compass Diversified grew faster. Compass Diversified kept -12.1% of its revenue as net profit, Flexsteel Industries 7.2%. Free cash flow was -$51.1M at Compass Diversified and $47.6M at Flexsteel Industries.

Side by side, latest fiscal year

CODIFLXS
Fiscal year endedFY2025 (December 31, 2025)FY2026 (June 30, 2026)
Revenue$1.9B$459.2M
Revenue growth+4.8%+4.1%
Net income-$226.4M$33.1M
Net margin-12.1%7.2%
Free cash flow-$51.1M$47.6M
Free cash flow margin-2.7%10.4%
Earnings per share (diluted)-$3.59$6.07
Cash$68M$16.7M
Debt$1.9Bn/a
Price to earningsn/a14.7
Market value$846.4M$478.6M
Dividend yield4.44%0.95%
Rank by revenue in sector#363 of 778 · Consumer discretionary#573 of 778 · Consumer discretionary

Over the years

Revenue
CODI FY2018: $1.4BCODI FY2019: $1.5BCODI FY2020: $1.6BCODI FY2021: $1.7BCODI FY2022: $1.8BCODI FY2023: $1.7BCODI FY2024: $1.8BCODI FY2025: $1.9BFLXS FY2019: $443.6MFLXS FY2020: $366.9MFLXS FY2021: $478.9MFLXS FY2022: $544.3MFLXS FY2023: $393.7MFLXS FY2024: $412.8MFLXS FY2025: $441.1MFLXS FY2026: $459.2MFY18FY19FY20FY21FY22FY23FY24FY25FY26
CODI $1.9BFLXS $459.2M
Net income
CODI FY2018: -$5.7MCODI FY2019: $301.9MCODI FY2020: $22.8MCODI FY2021: $114.6MCODI FY2022: -$59.2MCODI FY2023: $108.6MCODI FY2024: -$208.9MCODI FY2025: -$226.4MFLXS FY2019: -$32.6MFLXS FY2020: -$26.8MFLXS FY2021: $23MFLXS FY2022: $1.9MFLXS FY2023: $14.8MFLXS FY2024: $10.5MFLXS FY2025: $20.2MFLXS FY2026: $33.1MFY18FY19FY20FY21FY22FY23FY24FY25FY26
CODI -$226.4MFLXS $33.1M
Net margin
CODI FY2018: -0.4%CODI FY2019: 20.8%CODI FY2020: 1.5%CODI FY2021: 6.6%CODI FY2022: -3.4%CODI FY2023: 6.4%CODI FY2024: -11.7%CODI FY2025: -12.1%FLXS FY2019: -7.4%FLXS FY2020: -7.3%FLXS FY2021: 4.8%FLXS FY2022: 0.3%FLXS FY2023: 3.8%FLXS FY2024: 2.6%FLXS FY2025: 4.6%FLXS FY2026: 7.2%FY18FY19FY20FY21FY22FY23FY24FY25FY26
CODI -12.1%FLXS 7.2%
Revenue growth
CODI FY2019: +6.8%CODI FY2020: +7.6%CODI FY2021: +10.4%CODI FY2022: +1.9%CODI FY2023: -3.8%CODI FY2024: +5.8%CODI FY2025: +4.8%FLXS FY2020: -17.3%FLXS FY2021: +30.5%FLXS FY2022: +13.6%FLXS FY2023: -27.7%FLXS FY2024: +4.8%FLXS FY2025: +6.9%FLXS FY2026: +4.1%FY19FY20FY21FY22FY23FY24FY25FY26
CODI +4.8%FLXS +4.1%
Free cash flow
CODI FY2018: $73.5MCODI FY2019: $57.6MCODI FY2020: $119.2MCODI FY2021: $100.9MCODI FY2022: -$106.8MCODI FY2023: -$38.4MCODI FY2024: -$207.8MCODI FY2025: -$51.1MFLXS FY2019: -$14.6MFLXS FY2020: $14.6MFLXS FY2021: -$35.3MFLXS FY2022: $4.1MFLXS FY2023: $18.2MFLXS FY2024: $27.1MFLXS FY2025: $33.7MFLXS FY2026: $47.6MFY18FY19FY20FY21FY22FY23FY24FY25FY26
CODI -$51.1MFLXS $47.6M

Fiscal years as each company reports them; the two may end in different months.

Questions about Compass Diversified and Flexsteel Industries

Which is bigger by revenue, Compass Diversified or Flexsteel Industries?

Compass Diversified is bigger by revenue: $1.9B in fiscal 2025, against $459.2M for Flexsteel Industries in fiscal 2026.

Which keeps more of its revenue as profit, Compass Diversified or Flexsteel Industries?

Compass Diversified had a net margin of -12.1% in fiscal 2025; Flexsteel Industries had 7.2% in fiscal 2026.

Which grew revenue faster, Compass Diversified or Flexsteel Industries?

In their latest fiscal years revenue changed by +4.8% at Compass Diversified and +4.1% at Flexsteel Industries.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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