Cadiz Inc. (CDZI) Financial Ratios
31 years of historical data (1995–2025) · Utilities · Regulated Water
EV/EBITDA
N/A
—
5yr avg: N/A
30Y Low14.6·High78.0
P/FCF
N/A
—
5yr avg: N/A
P/B Ratio
↑
14.19
↑+68% vs avg
5yr avg: 8.44
30Y Low0.7·High179.8
ROE
↑
-119.3%
↓+22% vs avg
5yr avg: -152.6%
30Y Low-408%·High-15%
Debt/EBITDA
N/A
—
5yr avg: N/A
30Y Low6.9·High32.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
CDZI Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Cadiz Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $342M | $455M | $358M | $184M | $125M | $157M | $364M | $293M | $247M | $321M | $234M |
| Enterprise Value | $438M | $550M | $427M | $241M | $185M | $214M | $453M | $430M | $385M | $447M | $337M |
| P/E Ratio → | -8.48 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 20.98 | 27.88 | 37.26 | 92.33 | 83.06 | 277.60 | 673.02 | 663.42 | 561.77 | 734.84 | 567.93 |
| P/B Ratio | 14.19 | 19.55 | 10.54 | 4.60 | 3.64 | 3.86 | — | — | — | — | — |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
CDZI EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 33.74 | 44.40 | 120.82 | 123.30 | 380.00 | 836.70 | 975.62 | 875.77 | 1021.84 | 817.10 |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — | — | — |
CDZI Profitability
Margins and return-on-capital ratios measuring operating efficiency
Cadiz Inc. earns an operating margin of -156.9%, below the Utilities sector average of 18.5%. Operating margins have expanded from -1051.7% to -156.9% over the past 3 years, signaling improving operational efficiency. A negative ROE of -119.3% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 31.6% | 31.6% | 24.0% | -45.0% | -37.7% | 100.0% | 100.0% | 100.0% | 100.0% | 37.3% | 29.1% |
| Operating Margin | -156.9% | -156.9% | -242.0% | -1051.7% | -1103.4% | -3105.0% | -2172.6% | -2718.6% | -2550.0% | -2892.4% | -2235.4% |
| Net Profit Margin | -209.2% | -209.2% | -324.1% | -1579.4% | -1651.7% | -5540.6% | -6990.2% | -6695.7% | -5971.1% | -7749.2% | -6393.0% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -119.3% | -119.3% | -84.2% | -84.8% | -66.3% | -408.3% | — | — | — | — | — |
| ROA | -24.8% | -24.8% | -25.7% | -28.8% | -22.2% | -33.4% | -50.1% | -40.4% | -38.7% | -50.7% | -43.0% |
| ROIC | -17.3% | -17.3% | -17.5% | -16.4% | -12.9% | -16.3% | -14.8% | -16.7% | -17.1% | -19.9% | -14.2% |
| ROCE | -20.7% | -20.7% | -21.0% | -20.3% | -15.4% | -19.3% | -16.4% | -17.5% | -17.9% | -20.6% | -15.9% |
CDZI Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $96M ($104M total debt minus $9M cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 4.48 | 4.48 | 2.53 | 1.53 | 2.06 | 1.69 | — | — | — | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | 4.11 | 2.02 | 1.42 | 1.76 | 1.42 | — | — | — | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | -2.75 | -2.75 | -2.85 | -4.64 | -2.00 | -2.16 | -2.06 | -0.71 | -0.57 | -1.23 | -0.78 |
CDZI Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.22x means Cadiz Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.37x to 1.22x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.22 | 1.22 | 1.79 | 1.37 | 2.21 | 5.26 | 2.56 | 3.35 | 3.14 | 2.08 | 3.42 |
| Quick Ratio | 1.13 | 1.13 | 1.58 | 1.01 | 2.15 | 4.75 | 2.56 | 3.35 | 3.14 | 2.08 | 3.42 |
| Cash Ratio | 0.65 | 0.65 | 1.20 | 0.77 | 1.77 | 4.36 | 2.33 | 3.26 | 3.03 | 2.01 | 2.67 |
| Asset Turnover | — | 0.12 | 0.07 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Inventory Turnover | 9.81 | 9.81 | 2.42 | 1.37 | 6.54 | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
CDZI Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Cadiz Inc. returns 1.5% to shareholders annually primarily through dividends.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.5% | 1.1% | 1.4% | 2.8% | 4.1% | 0.9% | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 1.5% | 1.1% | 1.4% | 2.8% | 4.1% | 0.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $81M | $69M | $66M | $50M | $41M | $34M | $27M | $24M | $23M | $19M |
Peer Comparison
Compare CDZI with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 CDZIYou | $342M | -8.5 | — | — | 31.6% | -156.9% | -119.3% | -17.3% | — |
 MSEX | $967M | 22.1 | 15.9 | — | 39.2% | 27.9% | 9.1% | 4.7% | 4.8 |
 YORW | $426M | 21.2 | 15.7 | — | 54.8% | 35.8% | 8.5% | 4.6% | 5.5 |
 ARTNA | $332M | 14.6 | 10.4 | — | 37.2% | 31.5% | 9.3% | 6.3% | 3.7 |
 CWCO | $478M | 26.2 | 13.8 | 14.4 | 36.0% | 13.8% | 8.3% | 12.2% | 0.1 |
 GWRS | $204M | 64.5 | 15.0 | — | 44.9% | 12.8% | 4.4% | 2.8% | 6.1 |
 AWR | $3B | 22.9 | 15.7 | — | 50.8% | 30.9% | 13.3% | 8.0% | 3.7 |
 CWT | $3B | 21.0 | 13.1 | — | 36.7% | 18.2% | 7.7% | 4.4% | 5.0 |
 AWK | $24B | 21.9 | 14.5 | — | 43.3% | 36.6% | 10.5% | 5.5% | 5.7 |
 WTRG | $10B | 16.7 | 14.0 | — | 41.0% | 37.2% | 9.4% | 4.8% | 6.2 |
 ERII | $486M | 22.4 | 15.8 | 27.8 | 65.2% | 18.2% | 11.0% | 10.3% | 0.3 |
| Utilities Median | — | 19.0 | 11.9 | 18.6 | 38.4% | 18.5% | 9.3% | 4.9% | 5.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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CDZI — Frequently Asked Questions
Quick answers to the most common questions about buying CDZI stock.
What is Cadiz Inc.'s P/E ratio?
Cadiz Inc.'s current P/E ratio is -8.5x. This places it at the 50th percentile of its historical range.
What is Cadiz Inc.'s ROE?
Cadiz Inc.'s return on equity (ROE) is -119.3%. The historical average is -110.9%.
Is CDZI stock overvalued?
Based on historical data, Cadiz Inc. is trading at a P/E of -8.5x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Cadiz Inc.'s dividend yield?
Cadiz Inc.'s current dividend yield is 1.55%.
What are Cadiz Inc.'s profit margins?
Cadiz Inc. has 31.6% gross margin and -156.9% operating margin.