Cadre Holdings vs Ducommun
Ducommun is the larger business, with $825m of revenue in fiscal 2025 against $610m for Cadre Holdings (1.4 times as much). Cadre Holdings grew faster (7.5% against 4.9%). Cadre Holdings kept more of each dollar of sales as profit: a net margin of 7.2% against -4.5%.
| Latest fiscal year | Cadre HoldingsCDRE, 2025 | DucommunDCO, 2025 |
|---|---|---|
| Revenue | $610m | $825m |
| Revenue growth | 7.5% | 4.9% |
| Net income | $44.1m | −$37.4m |
| Operating margin | 11.0% | — |
| Net margin | 7.2% | -4.5% |
| Return on equity | 14.0% | -5.6% |
| Free cash flow | $56.8m | −$48.6m |
| Cash | $123m | $45.3m |
| Total debt | $307m | $305m |
| Debt to equity | 96.7% | — |
| Dividend per share | — | — |
| Dividend yield | 1.2% | — |
| Share buybacks | — | — |
| Employees | 2,533 | 2,130 |
| Market value | $1.34bn | $2.51bn |
| Price vs our value range | Within our value range | — |
| Moat score | 61 (Moderate) | 30 (Weak) |
| Insider trades, 12 months | 0 buys, 18 sales | 0 buys, 12 sales |