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Commercial Vehicle Group, Inc. (CVGI) stock

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NASDAQ: CVGI Nasdaq Automotive Parts & Equipment Next results ~February 1, 2027

C Fundamentals grade

Commercial Vehicle Group, Inc. is a US-listed company in the automotive parts & equipment industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$8.0

Valuation models combined (2)

Base case. Range ~$7.2–$8.2. Weighted average of 2 models (growth cash-flow model, forward price-to-sales vs peers), the growth cash-flow model counting double.

Price vs value

No Buy/Hold/Sell rating is issued: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Commercial Vehicle Group, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds79 adding, 31 cuttingOf 29 active managers that changed their stake, 19 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Commercial Vehicle Group files

10-Q filed November 2: Commercial Vehicle

Model value +5.1%

Commercial Vehicle Group generated $730m in revenue over the twelve months to September 2026, up 11.0% on a year earlier and a sharp turnaround from the 0.4% decline recorded a quarter earlier. Among the 26 automotive parts and equipment companies we cover, that growth ranks sixth. Profitability also improved: operating margin widened to 3.0% from -0.6%, though free-cash-flow margin stayed flat at -0.1%. Shareholders face further dilution, with the diluted share count up 6.4% year on year. Taken together, these shifts lift the company's fundamentals grade from D to C. Our model value has risen accordingly, from $7.63 to $8.02 a share, well above the current share price of $3.17.

Source: 10-Q filed November 2, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (1)

Where Commercial Vehicle stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $674m, down 0.4% on a year earlier, a smaller fall than the 6.8% decline a quarter earlier. That puts it 17 of 17 for growth among the automotive parts & equipment companies we cover. Free-cash-flow margin rose to -0.1% from -3.3% a year earlier. Operating margin widened to 2.0% from -0.6%. The diluted share count is up 2.8% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 3 of our 6 financial-health checks. Our price-to-sales vs peers value is $7.63 a share, against a share price of $3.15.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~February 1, 2027 (estimated)

Commercial Vehicle Group, Inc.'s trailing-twelve-month revenue grew 11.0% year on year, with a free-cash-flow margin of -0.1%. Where it stands out: change in growth rate of +11.4pp ranks 4 of 26 automotive parts & equipment companies we cover. Where it lags: change in share count of 6.4% ranks 21 of 24 automotive parts & equipment companies we cover.

Current signal Revenue growth accelerating: TTM revenue growth rose to 11.0% (+11.4pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Growth speeding up. The growth rate is 11.4 points higher than a quarter earlier.
  • Margins widening. Operating margin is up 3.7 points on a year ago.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 58.6% over 90 days.

Things to watch

  • Burning cash. Free cash flow was -0.1% of revenue over the last 12 months.
  • Share dilution. Diluted shares rose 6.4% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 85% and a beta of 1.6 against the S&P 500.
  • Below peers: net margin. Net margin of -1.4% ranks 22 of 26 automotive parts & equipment companies we cover (median 3.7%).
  • Below peers: operating margin. Operating margin of 3.0% ranks 17 of 22 automotive parts & equipment companies we cover (median 6.4%).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 3 of the last four quarters.

Latest results: FY2026 Q3

Filed November 2, 2026
Earnings per share
$0.03 against an average estimate of $0.04: missed by 18.2%
Revenue
$208m, up 36.5% on a year earlier
Next report
November 2, 2026; average EPS estimate $0.02

Commercial Vehicle Group's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+0.3%
  • 1 week+11.2%
  • 1 month+7.1%
  • This year+120.1%
  • 1 year+108.6%
  • 5 years-65.2%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$730M
Operating margin
3.0%
Net margin
-1.4%
EPS (TTM, diluted)
$-0.29

Growth

Revenue growth
+11.0%
Change in growth rate
+11.4 pts
Share count change
+6.4%

Cash

Free cash flow (TTM)
-$396,000
FCF margin
-0.1%
Stock pay % of revenue
0.9%

Earnings

Last results
November 2, 2026
Next results (est.)
February 1, 2027

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Leadership
  3. Results
  4. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Commercial Vehicle Group, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Valuation models

We value Commercial Vehicle Group, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9.5%: the 10-year Treasury yield (4.9%) plus a beta of 1.01 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$8.2 ~$5.4–$9.8 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$1.3 ~$1.1–$1.6 Left out: far from the other models (more than 3x away from their median)
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$0.1 ~$0.0–$0.4 Left out: out of range vs price (0.05x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$7.2 ~$7.5–$14 Included, half weight
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. ~$17 ~$13–$22 Left out: out of range vs price (5.44x)
Combined value Weighted average of the models that apply: the primary model (growth cash-flow model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$8.0 ~$7.2–$8.2 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Commercial Vehicle Group, Inc. with Automotive Parts & Equipment in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$2.76$5.53$10.69$5.70$6.35$8.65$8.06$6.81$7.01$2.48$1.44$3.17
Market value$81m$165m$320m$174m$196m$268m$264m$220m$235m$83m$49m$114m
+ Net debt (− = net cash)$0$103m$115m$93m$117m$96m$160m$121m$104m$0$0$0
Enterprise value$81m$268m$435m$267m$313m$364m$424m$341m$339m$83m$49m$114m
Multiples
Price / sales 0.1x0.2x0.4x0.2x0.2x0.4x0.3x0.3x0.3x0.1x0.1x0.2x
Price / earnings 11.5x24.4x—4.2x12.4x—11.1x—4.8x———
Price / free cash flow 2.0x4.4x—6.5x15.4x9.8x—4.5x12.7x—1.4x—
EV / EBITDA 1.5x6.5x9.6x3.4x5.6x—6.2x7.9x5.9x5.0x3.5x3.1x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

25 /100

Weak moat

How hard Commercial Vehicle Group's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 4 / 20

    Cash operating profit has been a median 4.8% of total assets over 10 years.

  • Pricing power 8 / 20

    Gross margin has been a median 12.1%, moving by 1.8 percentage points (standard deviation) across 10 years.

  • Durability 0 / 20

    Operating margin has been a median 3.4%; its worst year was -4.7%.

  • Cash conversion 5 / 20

    Free cash flow was positive in 5 of 10 years, at a median 0.3% of revenue.

  • Discipline 13 / 20

    The diluted share count rose 11.9% over five years; stock-based pay has been a median 0.5% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (30 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current −$0.13 +72% $733m +13%
Next $0.15 +215% $773m +6%

Next year's EPS estimate has moved +58.6% in 90 days, across 3 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +42.9% on 90 days ago. In the last 30 days, 1 analyst raised Commercial Vehicle Group, Inc.'s forecast and 0 cut it.

Consensus EPS forecast Commercial Vehicle Group, Inc., last 90 days
−$0.20 −$0.10 $0.00 $0.10 $0.20 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$0.09 Current fiscal year, 60 days ago: −$0.13 Current fiscal year, 30 days ago: −$0.13 Current fiscal year, 7 days ago: −$0.13 Current fiscal year, Now: −$0.13 −$0.13 Next fiscal year, 90 days ago: $0.10 Next fiscal year, 60 days ago: $0.15 Next fiscal year, 30 days ago: $0.15 Next fiscal year, 7 days ago: $0.15 Next fiscal year, Now: $0.15 $0.15

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago −$0.09$0.10
60 days ago −$0.13$0.15
30 days ago −$0.13$0.15
7 days ago −$0.13$0.15
Now −$0.13$0.15

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.04 $0.03 −18.2%
Jun 2026 −$0.05 −$0.13 −178.6%
Mar 2026 −$0.14 −$0.10 +26.8%
Dec 2025 −$0.15 −$0.18 −20.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

2 analysts, Nov 2026
Buy2100%
Hold00%
Sell00%

Monthly trend

  1. Nov 2026112

Counts of recommendations published by analysts covering Commercial Vehicle Group, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
3.4%
of tradable shares
Days to cover
4.72
at average volume
Short interest, 1 month
−1%
to October 15, 2026
Held by institutions
61%
of shares
Held by insiders
15.4%
of shares
Employees
6,100
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +108.6%

$1.52 on October 31, 2025 to $3.17

ThenNowEffect
Revenue (last 12 months) $677m $674m −0.4%
P/S multiple 0.1x 0.2x +115.3%
Share count 34m 35m −2.7%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years −48.5%

$6.16 on November 3, 2023 to $3.17

ThenNowEffect
Revenue (last 12 months) $812m $674m −17.0%
P/S multiple 0.2x 0.2x −34.2%
Share count 33m 35m −5.7%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
CVGI−7%−16%+3%−65%−42%+120%
Industry peers (median)+16%−30%+11%−19%+25%−8%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
CVGI50%42%42%25%42%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
CVGI−47%−55%−51%−70%−67%−52%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 94% from January 22, 2018 to April 21, 2025. Getting back needed a 1519% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$1.34 – $5.78
From 52-week high
−45.2%
vs 50-day average
+5.6%
vs 200-day average
−10.0%
Volatility (1 year)
85%
Beta vs S&P 500
1.60

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 6 down
typical move ±14.0%
After a week
5 up, 6 down
typical move ±27.7%
After a month
4 up, 7 down
typical move ±36.0%
Results releasedNext dayS&P 500 next day5 days21 days
August 3, 2026 −14.1% +3.3% −26.9% −31.8%
May 5, 2026 +22.1% +2.2% +26.8% +29.6%
March 10, 2026 +21.6% −0.3% +100.6% +138.9%
November 10, 2025 +11.9% +1.8% +12.7% +23.1%
August 4, 2025 +7.1% +1.0% +8.9% −0.6%
May 6, 2025 +13.2% −0.4% +45.1% +50.5%
March 10, 2025 −11.8% −3.5% −23.2% −53.7%
November 4, 2024 −20.3% +1.0% −10.0% −23.6%
August 5, 2024 −17.6% −2.0% −33.7% −31.7%
May 6, 2024 −6.4% +1.1% −8.0% −9.2%
March 4, 2024 −8.2% −1.1% −9.0% −3.7%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Commercial Vehicle Group, Inc. in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Commercial Vehicle Group, Inc.
$600M $700M $800M $900M $1B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $921.5M Revenue (TTM), FY24 Q1: $853.4M Revenue (TTM), FY24 Q2: $784.9M Revenue (TTM), FY24 Q3: $753.8M Revenue (TTM), FY24 Q4: $723.4M Revenue (TTM), FY25 Q1: $698.5M Revenue (TTM), FY25 Q2: $676.8M Revenue (TTM), FY25 Q3: $657.5M Revenue (TTM), FY25 Q4: $649M Revenue (TTM), FY26 Q1: $650.7M Revenue (TTM), FY26 Q2: $674M Revenue (TTM), FY26 Q3: $729.6M $729.6M

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $921.5M
FY24 Q1 $853.4M
FY24 Q2 $784.9M
FY24 Q3 $753.8M
FY24 Q4 $723.4M
FY25 Q1 $698.5M
FY25 Q2 $676.8M
FY25 Q3 $657.5M
FY25 Q4 $649M
FY26 Q1 $650.7M
FY26 Q2 $674M
FY26 Q3 $729.6M
Revenue growth, TTM YoY Commercial Vehicle Group, Inc.
-30% -20% -10% 0% 10% 20% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 17.8% Revenue growth, TTM YoY, FY24 Q1: 6.6% Revenue growth, TTM YoY, FY24 Q2: -3.4% Revenue growth, TTM YoY, FY24 Q3: -1.3% Revenue growth, TTM YoY, FY24 Q4: -21.5% Revenue growth, TTM YoY, FY25 Q1: -18.2% Revenue growth, TTM YoY, FY25 Q2: -13.8% Revenue growth, TTM YoY, FY25 Q3: -12.8% Revenue growth, TTM YoY, FY25 Q4: -10.3% Revenue growth, TTM YoY, FY26 Q1: -6.8% Revenue growth, TTM YoY, FY26 Q2: -0.4% Revenue growth, TTM YoY, FY26 Q3: 11.0% 11.0%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 17.8%
FY24 Q1 6.6%
FY24 Q2 -3.4%
FY24 Q3 -1.3%
FY24 Q4 -21.5%
FY25 Q1 -18.2%
FY25 Q2 -13.8%
FY25 Q3 -12.8%
FY25 Q4 -10.3%
FY26 Q1 -6.8%
FY26 Q2 -0.4%
FY26 Q3 11.0%
Operating margin (TTM) Commercial Vehicle Group, Inc.
-2% 0% 2% 4% 6% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 4.7% Operating margin (TTM), FY24 Q1: 3.9% Operating margin (TTM), FY24 Q2: 2.4% Operating margin (TTM), FY24 Q3: 1.1% Operating margin (TTM), FY24 Q4: -0.1% Operating margin (TTM), FY25 Q1: -0.6% Operating margin (TTM), FY25 Q2: -0.6% Operating margin (TTM), FY25 Q3: -0.6% Operating margin (TTM), FY25 Q4: -0.1% Operating margin (TTM), FY26 Q1: 1.9% Operating margin (TTM), FY26 Q2: 2.0% Operating margin (TTM), FY26 Q3: 3.0% 3.0%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 4.7%
FY24 Q1 3.9%
FY24 Q2 2.4%
FY24 Q3 1.1%
FY24 Q4 -0.1%
FY25 Q1 -0.6%
FY25 Q2 -0.6%
FY25 Q3 -0.6%
FY25 Q4 -0.1%
FY26 Q1 1.9%
FY26 Q2 2.0%
FY26 Q3 3.0%
FCF margin (TTM) Commercial Vehicle Group, Inc.
-10% -5% 0% 5% 10% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 2.0% FCF margin (TTM), FY24 Q1: 1.7% FCF margin (TTM), FY24 Q2: 1.9% FCF margin (TTM), FY24 Q3: -2.3% FCF margin (TTM), FY24 Q4: -7.2% FCF margin (TTM), FY25 Q1: -4.8% FCF margin (TTM), FY25 Q2: -3.3% FCF margin (TTM), FY25 Q3: -0.8% FCF margin (TTM), FY25 Q4: 5.2% FCF margin (TTM), FY26 Q1: 2.8% FCF margin (TTM), FY26 Q2: -0.1% FCF margin (TTM), FY26 Q3: -0.1% -0.1%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 2.0%
FY24 Q1 1.7%
FY24 Q2 1.9%
FY24 Q3 -2.3%
FY24 Q4 -7.2%
FY25 Q1 -4.8%
FY25 Q2 -3.3%
FY25 Q3 -0.8%
FY25 Q4 5.2%
FY26 Q1 2.8%
FY26 Q2 -0.1%
FY26 Q3 -0.1%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 459 598 832 858 748 840 825 662 755 898 901 718 972 783 835 723 649 730
Gross profit 10 75 116 117 80 108 111 87 91 125 105 74 119 85 121 73 68 88
EBITDA −73 28 62 58 27 52 56 41 45 78 56 −5 68 43 58 17 14 37
Operating income −90 17 49 44 6 34 38 25 30 63 41 −23 50 25 40 −1 −1 22
Net income −82 6 19 50 −12 8 7 7 −2 41 16 −37 24 −22 49 −28 −23 −10
Diluted EPS −$3.74 $0.24 $0.66 $1.76 −$0.44 $0.26 $0.24 $0.23 −$0.08 $1.36 $0.51 −$1.20 $0.72 −$0.68 $1.47 — — −$0.29
Growth (year on year)
Revenue — +30.4% +39.2% +3.1% −12.8% +12.3% −1.7% −19.8% +14.1% +18.9% +0.4% −20.4% +35.4% −19.5% +6.8% −13.4% −10.3% +11.0%
EBITDA — — +117.9% −5.6% −53.5% +92.2% +7.3% −25.8% +9.3% +73.0% −28.2% −108.3% — −36.8% +33.7% −71.1% −15.3% —
Operating income — — +193.5% −10.1% −85.4% — +12.9% −34.5% +20.4% +109.8% −35.4% −157.0% — −49.9% +60.6% −101.9% — —
Net income — — — +169.2% −124.9% — — — — — −62.0% — — −192.6% — −156.4% — —
Diluted EPS — — — +166.7% −125.0% — — — — — −62.5% — — −194.4% — — — —
Margins
Gross margin 2.1% 12.5% 13.9% 13.6% 10.7% 12.8% 13.4% 13.1% 12.0% 13.9% 11.7% 10.3% 12.2% 10.9% 14.5% 10.1% 10.5% 12.0%
EBITDA margin −15.9% 4.7% 7.4% 6.8% 3.6% 6.2% 6.8% 6.2% 6.0% 8.7% 6.2% −0.7% 7.0% 5.5% 6.9% 2.3% 2.2% 5.1%
Operating margin −19.6% 2.8% 5.9% 5.1% 0.9% 4.0% 4.6% 3.8% 4.0% 7.0% 4.5% −3.2% 5.1% 3.2% 4.8% −0.1% −0.1% 3.0%
Net margin −17.8% 1.1% 2.2% 5.8% −1.7% 0.9% 0.9% 1.0% −0.3% 4.6% 1.8% −5.2% 2.4% −2.8% 5.9% −3.9% −3.5% −1.4%
Free-cash-flow margin 2.7% 1.2% −1.6% 0.8% 0.9% −0.5% 4.9% 5.7% −1.5% 3.0% 1.4% 3.8% −4.9% 6.3% 2.2% −7.2% 5.2% −0.1%
Cash flow
Cash from operations 18 18 8 24 19 10 55 49 2 41 37 34 −30 69 38 −33 45 14
Capital spending 6 10 21 17 13 14 15 11 13 14 24 7 18 20 20 19 11 14
Free cash flow 13 7 −14 7 7 −4 41 38 −11 27 13 27 −47 49 19 −52 34 −0
Stock-based pay 3 3 4 5 5 3 3 3 3 3 3 3 6 6 4 4 4 7
Free cash flow after stock pay 10 5 −17 2 1 −7 38 35 −14 24 10 24 −54 43 15 −56 30 −7
Balance sheet
Cash 10 43 88 68 73 — — 130 52 71 40 51 35 32 38 — — —
Total debt 0 165 250 250 250 250 232 233 167 164 156 147 195 152 142 136 106 96
Net debt (negative = net cash) −10 122 162 182 177 — — 103 115 93 117 96 160 121 104 — — —
Diluted shares — 27m 28m 28m 29m 29m 29m 30m 30m 31m 31m 31m 33m 32m 34m 33m 34m 36m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

3 of 6 checks passed · September 30, 2026
What it owns · $484m
Short-term assets $337mLonger-term assets $147m
What it owes, and who funded it · $484m
Short-term liabilities $176mLonger-term liabilities $167mShareholders' equity $141m
  • Short-term assets cover short-term liabilities $337m of assets due within a year against $176m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $337m short-term assets against $167m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Debt is 68% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 159% to 68% over five years.
  • A year's operating cash flow covers at least 20% of debt $14m of operating cash flow against $96m of debt.
  • Operating profit covers interest at least five times over Operating income of $22m against $15m of interest.

From Commercial Vehicle Group, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+6.4%
year over year
Sales & admin spending
11.3%
of revenue
Days sales outstanding
63 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in automotive parts & equipment
Last 12 months unless stated CVGI CAAS MPAA HLLY STRT HSAI Median
Revenue, last 12 months $730m $766m $769m $613m $574m $421m $2.4bn
Revenue growth, last 12 months 11.0% 17.6% −0.8% 3.3% −0.7% 45.9% 4.6%
Revenue growth, 3-year average −1.5% — 4.3% −2.2% 4.2% — 1.4%
Revenue growth, latest quarter 36.5% — −10.8% 3.2% −3.4% — 2.0%
Gross margin 12.0% 19.0% 19.9% 43.0% 16.3% 41.8% 20.5%
Operating margin 3.0% 7.0% 6.4% 9.1% 3.9% 5.6% 6.0%
Operating margin, 3-year average 1.2% — 6.3% 8.3% 4.0% — 5.7%
Net margin −1.4% 5.6% −0.5% 1.7% 2.9% 14.4% 3.5%
Cash from operations / revenue 1.9% 14.6% −0.3% 9.4% 8.0% 3.9% 6.8%
Free-cash-flow margin −0.1% 9.7% −0.8% 7.1% 6.8% −6.4% 4.3%
Free-cash-flow margin, 3-year average −1.1% — 4.5% 8.5% 7.1% — 5.5%
Stock pay / revenue 0.9% — 0.9% — 0.6% 3.8% 0.7%
Change in share count 6.4% −0.0% −0.1% 1.8% 0.2% 13.4% −0.0%

Median of all 26 companies we cover in automotive parts & equipment. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

26 automotive parts & equipment companies
Measure Company Peer median Rank
Revenue growth Growth 11.0% 5.0% 6 of 26
Change in growth rate Growth +11.4pp -1.1pp 4 of 26
Gross margin Profitability 12.0% 21.1% 20 of 26
Operating margin Profitability 3.0% 6.4% 17 of 22
Net margin Profitability -1.4% 3.7% 22 of 26
Free-cash-flow margin Cash generation -0.1% 5.4% 20 of 26
Stock pay as % of revenue Cash generation 0.9% 0.8% 15 of 22
Long-term debt as % of assets Balance sheet 19.0% 20.8% 9 of 22
Change in share count Balance sheet 6.4% -0.0% 21 of 24
Days sales outstanding Balance sheet 63 days 61 days 11 of 17

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Global Seating $287M 44.3% ▼ 8.7%
Global Electrical Systems $203M 31.3% 0.0%
Trim Systems and Components $159M 24.4% ▼ 22.9%
Products and services
Line of business Revenue Share YoY
Seats $277M 42.7% ▼ 11.2%
Electrical Wire Harnesses Panels and Assemblies $206M 31.8% ▲ 0.3%
Plastic and Trim Components $123M 19.0% ▼ 21.0%
Mirrors Wipers and Controls $42.2M 6.5% ▼ 14.9%
Geography
Region Revenue Share YoY
United States $405M 62.3% ▼ 19.8%
Outside the US $138M 21.3% ▲ 9.7%
CZK $107M 16.4% ▲ 14.4%

From Commercial Vehicle Group, Inc.'s 10-K filed March 10, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$102M
Institutions reporting
110
Shares held vs prior quarter
▲ 56.6%
Positions opened / closed
48 / 11

Top buyers and sellers, Q2 2026: 79 institutions bought and 31 sold ; the biggest buyer was TCW Group Inc (+3.1M shares) and the biggest seller Peapod Lane Capital LLC (−487K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $10.8M 2.3M 10.6% ▲ 318.7%
TCW Group Inc $9.9M 3.1M 9.8% New
Renaissance Technologies LLC $9M 2.0M 8.9% ▲ 13.0%
Vanguard Capital Management LLC $6.3M 1.4M 6.2% ▼ 2.2%
Two Sigma Investments, LP $5.5M 1.2M 5.4% ▼ 1.5%
Acadian Asset Management LLC $4.7M 1.0M 4.6% ▲ 283.0%
Huber Capital Management LLC $4.1M 880K 4.0% ▼ 10.0%
Geode Capital Management, LLC $3.6M 782K 3.5% ▲ 114.9%
American Century Companies Inc $3.6M 776K 3.5% New
Clearstead Advisors, LLC $3.2M 700K 3.2% 0.0%
Ironwood Investment Management LLC $3.1M 677K 3.1% ▲ 6.3%
Royce & Associates LP $3M 640K 2.9% New

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Commercial Vehicle Group, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around February 1, 2027 estimated from the company's past filing pattern, not announced

  • November 2, 2026
  • August 3, 2026
  • May 5, 2026
  • March 10, 2026
  • November 10, 2025
  • August 4, 2025

Recent SEC filings

Data status

When each part of this page on Commercial Vehicle Group, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Commercial Vehicle Group, Inc. in brief

What does Commercial Vehicle Group, Inc. do?
Commercial Vehicle Group, Inc. is a US-listed company in the automotive parts & equipment industry. Its financial year ends in December.
What is Commercial Vehicle Group, Inc.'s stock ticker?
Commercial Vehicle Group, Inc. trades under the ticker CVGI on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Commercial Vehicle Group, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Commercial Vehicle Group, Inc. reported revenue of $730M, 11.0% higher than a year earlier, according to its SEC filings.
What is Commercial Vehicle Group, Inc.'s free cash flow?
Commercial Vehicle Group, Inc.'s free-cash-flow margin is -0.1% of revenue over the trailing twelve months, ranking 20 of the 26 automotive parts & equipment companies we cover.
Who are Commercial Vehicle Group, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., TCW Group Inc and Renaissance Technologies LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Commercial Vehicle Group, Inc.'s market cap?
On November 2, 2026, Commercial Vehicle Group, Inc.'s market capitalisation was about $114M and net debt of $0. Market figures come from third-party market data and may be delayed.
How much debt does Commercial Vehicle Group, Inc. have?
Commercial Vehicle Group, Inc.'s debt-to-equity ratio is 68.1%, from its latest balance sheet (158.9% five years earlier). The financial health section below sets out its other solvency checks.
Who are Commercial Vehicle Group, Inc.'s competitors?
In our Automotive Parts & Equipment peer group, the companies closest to Commercial Vehicle Group, Inc. are China Automotive Systems, Inc., Motorcar Parts Of America Inc, Holley Inc., Strattec Security Corp and Hesai Group. The side-by-side comparison below sets their revenue, margins and growth against Commercial Vehicle Group, Inc.'s.
When is Commercial Vehicle Group, Inc.'s next earnings date?
Around February 1, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Commercial Vehicle Group, Inc. announces its own schedule.