Clarus Corporation (CLAR) 10-Year Financial Performance & Capital Metrics

CLAR • • Industrial / General

Consumer CyclicalLeisureOutdoor Recreation EquipmentOutdoor Gear & Equipment

AboutClarus Corporation develops, manufactures, and distributes outdoor equipment and lifestyle products focusing on the outdoor and consumer markets in the United States, Canada, Europe, the Middle East, Asia, Australia, New Zealand, Africa, and South America. Its Outdoor segment offers activity-based apparel, such as shells, insulation, midlayers, pants, and logowear; rock-climbing footwear and equipment, including carabiners, protection devices, harnesses, belay devices, helmets, and ice-climbing gears; technical backpacks and day packs; trekking poles; headlamps and lanterns; gloves and mittens; skincare and other products; and skis, ski poles, ski skins, and snow safety products, such as avalanche airbag systems, avalanche transceivers, shovels, and probes. This segment offers its products for climbing, mountaineering, trail running, backpacking, skiing, and other outdoor recreation activities under the Black Diamond Equipment, PIEPS, and SKINourishment brands. The company's Precision Sport segment manufactures bullets and ammunition products for precision target shooting, hunting, and military and law enforcement purposes under the Sierra and Barnes brands. The company sells its products to mountain, rock, ice, and gym climbers; and winter outdoor enthusiasts, trail runners, backpackers, competitive shooters, hunters, and outdoor consumers. Its Adventure segment offers engineered automotive roof racks, trays, mounting systems, luggage boxes, carriers, and accessories under the Rhino-Rack brand; and overlanding and off-road vehicle recovery and extraction tracks for the overland and the off-road market under the MAXTRAX brand. It markets and distributes its products through independent specialty stores and specialty chains, sporting goods and outdoor recreation stores, distributors, and original equipment manufacturers; and independent distributors, as well as through its websites. The company was incorporated in 1991 and is headquartered in Salt Lake City, Utah.Show more

Revenue $264M -7.6%
EBITDA -$57M -7371.7%
Net Income -$52M -415.3%
EPS (Diluted) -1.37 -407.4%
Gross Margin 35.04% +2.8%
EBITDA Margin -21.4% -7984.3%
Operating Margin -26.63% -260.8%
Net Margin -19.78% -457.7%
ROE -19.91% -473.3%
ROIC -16.99% -357.1%
Debt/Equity 0.07 -84.7%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Healthy dividend yield of 2.6%
✓Trading at only 0.6x book value

✗Weaknesses

✗Negative free cash flow
✗Low quality earnings: Net income not backed by cash flow

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y3.19%

5Y2.87%

3Y-0.21%

TTM29.68%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-1768.03%

EPS CAGR

10Y-

5Y-

3Y-

TTM-1752.31%

ROCE

10Y Avg-6.34%

5Y Avg-10.41%

3Y Avg-16.88%

Latest-24.17%

Peer Comparison

Outdoor Gear & Equipment

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CLARClarus Corporation	147.08M	3.83	-2.80	-7.59%	-31.52%	-35.79%		0.07
JOUTJohnson Outdoors Inc.	416.11M	45.00	-17.31	-10.7%	-7.02%	-8.77%	4.56%	0.11
AOUTAmerican Outdoor Brands, Inc.	124.99M	9.93	-1655	10.55%	-2.69%	-3.27%		0.19

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	149.48M	148.19M	170.69M	212.14M	229.44M	224.01M	265.97M	315.25M	286.02M	264.31M
Revenue Growth %	-0.23%	-0.01%	0.15%	0.24%	0.08%	-0.02%	0.19%	0.19%	-0.09%	-0.08%
Cost of Goods Sold+	101.02M	104.5M	116.88M	138.18M	149.15M	146.21M	178.1M	205.3M	188.51M	171.7M
COGS % of Revenue	0.68%	0.71%	0.68%	0.65%	0.65%	0.65%	0.67%	0.65%	0.66%	0.65%
Gross Profit+	54.25M	43.68M	53.81M	73.96M	80.29M	77.8M	87.87M	109.95M	97.51M	92.62M
Gross Margin %	0.36%	0.29%	0.32%	0.35%	0.35%	0.35%	0.33%	0.35%	0.34%	0.35%
Gross Profit Growth %	-0.28%	-0.19%	0.23%	0.37%	0.09%	-0.03%	0.13%	0.25%	-0.11%	-0.05%
Operating Expenses+	58.5M	49.94M	56.3M	65.15M	68.86M	73.86M	100.58M	216.44M	118.62M	163M
OpEx % of Revenue	0.39%	0.34%	0.33%	0.31%	0.3%	0.33%	0.38%	0.69%	0.41%	0.62%
Selling, General & Admin	58.5M	49.94M	48.31M	55.68M	68.68M	71.43M	90.66M	120.81M	116.37M	115.79M
SG&A % of Revenue	0.39%	0.34%	0.28%	0.26%	0.3%	0.32%	0.34%	0.38%	0.41%	0.44%
Research & Development	7.47M	6.6M	7.98M	9.47M	0	0	0	0	0	0
R&D % of Revenue	0.05%	0.04%	0.05%	0.04%	-	-	-	-	-	-
Other Operating Expenses	33.83M	533K	-949K	-359K	179K	2.43M	9.91M	95.62M	2.25M	47.21M
Operating Income+	-38.08M	-5.97M	-4.82M	8.17M	11.43M	3.93M	-12.7M	-106.48M	-21.11M	-70.38M
Operating Margin %	-0.25%	-0.04%	-0.03%	0.04%	0.05%	0.02%	-0.05%	-0.34%	-0.07%	-0.27%
Operating Income Growth %	-2.81%	0.84%	0.19%	2.7%	0.4%	-0.66%	-4.23%	-7.38%	0.8%	-2.33%
EBITDA+	-33.8M	-2.63M	444K	16.47M	19.53M	12.8M	3.12M	-83.53M	-757K	-56.56M
EBITDA Margin %	-0.23%	-0.02%	0%	0.08%	0.09%	0.06%	0.01%	-0.26%	-0%	-0.21%
EBITDA Growth %	-12.55%	0.92%	1.17%	36.09%	0.19%	-0.34%	-0.76%	-27.79%	0.99%	-73.72%
D&A (Non-Cash Add-back)	4.28M	3.34M	5.26M	8.3M	8.1M	8.87M	15.82M	22.95M	20.35M	13.82M
EBIT	-37.65M	-5.44M	-4.47M	9.86M	11.34M	4.85M	-2.79M	-10.86M	-18.86M	-23.17M
Net Interest Income+	-2.77M	-2.88M	-1.29M	-1.34M	-1.36M	-1.26M	-2.94M	-7.89M	67K	1.47M
Interest Income	0	0	0	0	0	0	0	0	67K	1.47M
Interest Expense	2.77M	2.88M	1.29M	1.34M	1.36M	1.26M	2.94M	7.89M	0	0
Other Income/Expense	-2.33M	-2.34M	-945K	-1.7M	-1.45M	-349K	-4.41M	-1.03M	1.03M	-206K
Pretax Income+	-40.41M	-8.31M	-5.76M	6.47M	9.98M	3.58M	-17.11M	-107.52M	-20.08M	-70.58M
Pretax Margin %	-0.27%	-0.06%	-0.03%	0.03%	0.04%	0.02%	-0.06%	-0.34%	-0.07%	-0.27%
Income Tax+	47.69M	665K	-5.09M	-828K	-8.99M	-1.96M	-19.23M	-14.72M	-4.29M	17.85M
Effective Tax Rate %	1.92%	1.08%	0.12%	1.13%	1.9%	1.55%	-1.52%	0.65%	0.51%	0.74%
Net Income+	-77.54M	-8.98M	-673K	7.3M	18.97M	5.54M	26.09M	-69.78M	-10.15M	-52.29M
Net Margin %	-0.52%	-0.06%	-0%	0.03%	0.08%	0.02%	0.1%	-0.22%	-0.04%	-0.2%
Net Income Growth %	-6.54%	0.88%	0.93%	11.85%	1.6%	-0.71%	3.71%	-3.67%	0.85%	-4.15%
Net Income (Continuing)	-88.11M	-8.98M	-673K	7.3M	18.97M	5.54M	2.12M	-92.8M	-15.79M	-88.44M
Discontinued Operations	10.56M	0	0	0	0	0	23.97M	23.02M	5.64M	36.15M
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-2.32	-0.30	-0.02	0.24	0.61	0.18	0.73	-1.88	-0.27	-1.37
EPS Growth %	-6.4%	0.87%	0.93%	11.76%	1.54%	-0.7%	3.06%	-3.58%	0.86%	-4.07%
EPS (Basic)	-2.32	-0.30	-0.02	0.24	0.63	0.18	0.79	-1.88	-0.27	-1.37
Diluted Shares Outstanding	32.74M	30.53M	30.16M	30.25M	31.13M	31.23M	35.69M	37.2M	37.48M	38.3M
Basic Shares Outstanding	32.74M	30.53M	30.16M	30.42M	29.95M	30.81M	33.14M	27.97M	37.48M	38.3M
Dividend Payout Ratio	-	-	-	0.2%	0.16%	0.27%	0.13%	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	182.38M	166.94M	99.44M	108.5M	120.87M	142.12M	226.95M	238.62M	299.75M	177.78M
Cash & Short-Term Investments	98.22M	94.74M	1.86M	2.49M	1.7M	17.79M	19.46M	11.98M	11.32M	45.36M
Cash Only	88.4M	94.74M	1.86M	2.49M	1.7M	17.79M	19.46M	11.98M	11.32M	45.36M
Short-Term Investments	9.82M	0	0	0	0	0	0	0	0	0
Accounts Receivable	27.52M	23.32M	35.82M	35.97M	41.95M	50.59M	66.3M	51.17M	54.86M	44.59M
Days Sales Outstanding	67.21	57.43	76.59	61.88	66.74	82.44	90.98	59.24	70.01	61.57
Inventory	51.5M	45.41M	58.14M	64.93M	73.43M	68.36M	129.35M	107.6M	91.41M	82.28M
Days Inventory Outstanding	186.06	158.6	181.56	171.52	179.71	170.64	265.1	191.31	176.99	174.91
Other Current Assets	1.64M	1.17M	3.63M	0	0	0	0	67.87M	142.15M	5.55M
Total Non-Current Assets+	46.21M	43.51M	108M	104.63M	109.39M	138.57M	404.88M	279.53M	195.59M	116.31M
Property, Plant & Equipment	10.79M	11.05M	24.34M	23.4M	22.92M	26.96M	42.83M	17.3M	16.59M	17.61M
Fixed Asset Turnover	13.85x	13.40x	7.01x	9.07x	10.01x	8.31x	6.21x	18.22x	17.24x	15.01x
Goodwill	0	0	17.75M	18.09M	18.09M	26.71M	118.09M	36.28M	39.32M	3.8M
Intangible Assets	33.58M	32.31M	65.08M	61.11M	57.45M	66.94M	201.95M	106.7M	99.99M	31.52M
Long-Term Investments	-8.97M	-8.97M	-3.67M	-2.92M	0	0	0	0	0	0
Other Non-Current Assets	1.84M	147K	833K	2.03M	3.03M	6.85M	19.58M	101.33M	16.82M	63.35M
Total Assets+	228.59M	210.46M	207.45M	213.13M	230.26M	280.69M	631.83M	518.14M	495.34M	294.09M
Asset Turnover	0.65x	0.70x	0.82x	1.00x	1.00x	0.80x	0.42x	0.61x	0.58x	0.90x
Asset Growth %	-0.28%	-0.08%	-0.01%	0.03%	0.08%	0.22%	1.25%	-0.18%	-0.04%	-0.41%
Total Current Liabilities+	21.45M	40.61M	19.78M	21.74M	24.56M	39.62M	72.98M	64.59M	170.93M	36.04M
Accounts Payable	20.82M	17.74M	19.46M	21.49M	24.3M	21.48M	31.49M	24.77M	20.02M	11.87M
Days Payables Outstanding	75.23	61.96	60.76	56.76	59.48	53.63	64.53	44.03	38.75	25.24
Short-Term Debt	0	21.9M	0	41K	0	4M	9.59M	11.9M	119.79M	1.89M
Deferred Revenue (Current)	0	-1000K	0	90K	0	0	0	0	0	0
Other Current Liabilities	624K	0	93K	0	0	7.24M	16.56M	18.51M	20.79M	9.66M
Current Ratio	8.50x	4.11x	5.03x	4.99x	4.92x	3.59x	3.11x	3.69x	1.75x	4.93x
Quick Ratio	6.10x	2.99x	2.09x	2.00x	1.93x	1.86x	1.34x	2.03x	1.22x	2.65x
Cash Conversion Cycle	178.04	154.07	197.39	176.64	186.97	199.45	291.55	206.52	208.25	211.24
Total Non-Current Liabilities+	31.14M	9.04M	24.68M	25.18M	24.51M	36.48M	188.68M	161.44M	32.28M	24.96M
Long-Term Debt	20.13M	0	20.84M	22.11M	22.67M	30.62M	131.95M	127.08M	0	0
Capital Lease Obligations	0	0	0	0	0	4.41M	15.11M	12.82M	13.03M	11.29M
Deferred Tax Liabilities	8.97M	8.97M	3.67M	2.92M	1.22M	1.23M	35.28M	18.51M	18.12M	12.21M
Other Non-Current Liabilities	2.04M	76K	175K	159K	615K	214K	6.34M	3.03M	1.13M	1.47M
Total Liabilities	52.59M	49.65M	44.47M	46.92M	49.07M	76.1M	261.66M	226.04M	203.22M	61M
Total Debt+	20.13M	21.9M	20.84M	22.15M	22.67M	40.01M	159.47M	154.65M	136M	16.65M
Net Debt	-68.27M	-72.84M	18.99M	19.66M	20.97M	22.22M	140M	142.67M	124.67M	-28.71M
Debt / Equity	0.11x	0.14x	0.13x	0.13x	0.13x	0.20x	0.43x	0.53x	0.47x	0.07x
Debt / EBITDA	-	-	46.94x	1.34x	1.16x	3.12x	51.14x	-	-	-
Net Debt / EBITDA	-	-	42.76x	1.19x	1.07x	1.74x	44.90x	-	-	-
Interest Coverage	-13.76x	-2.08x	-3.74x	6.10x	8.42x	3.12x	-4.32x	-13.49x	-	-
Total Equity+	176M	160.81M	162.98M	166.21M	181.19M	204.59M	370.17M	292.11M	292.12M	233.09M
Equity Growth %	-0.32%	-0.09%	0.01%	0.02%	0.09%	0.13%	0.81%	-0.21%	0%	-0.2%
Book Value per Share	5.37	5.27	5.40	5.49	5.82	6.55	10.37	7.85	7.79	6.09
Total Shareholders' Equity	176M	160.81M	162.98M	166.21M	181.19M	204.59M	370.17M	292.11M	292.12M	233.09M
Common Stock	3K	3K	3K	3K	3K	4K	4K	4K	4K	4K
Retained Earnings	-299.17M	-309.72M	-310.39M	-304.58M	-288.59M	-286.1M	-263.34M	-336.84M	-350.74M	-406.86M
Treasury Stock	-7.32M	-12.4M	-12.41M	-18.1M	-22.27M	-23.79M	-24.44M	-32.71M	-32.93M	-33.11M
Accumulated OCI	-1.21M	-1M	499K	477K	-303K	500K	-5.05M	-17.68M	-15.41M	-24.53M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	3.67M	4.81M	-8.92M	11.39M	9.52M	29.39M	-304K	14.61M	31.92M	-7.3M
Operating CF Margin %	0.02%	0.03%	-0.05%	0.05%	0.04%	0.13%	-0%	0.05%	0.11%	-0.03%
Operating CF Growth %	1.13%	0.31%	-2.85%	2.28%	-0.16%	2.09%	-1.01%	49.06%	1.19%	-1.23%
Net Income	-75.97M	-8.98M	-673K	7.3M	18.97M	5.54M	26.09M	-69.78M	-10.15M	-52.29M
Depreciation & Amortization	5.57M	3.34M	5.26M	8.3M	8.1M	8.87M	15.82M	22.95M	20.35M	13.82M
Stock-Based Compensation	449K	227K	1.18M	2.65M	2.95M	6.79M	9.48M	11.36M	5.29M	5.83M
Deferred Taxes	50.4M	-512K	-5.48M	-1.1M	-8.99M	-3.2M	-14.42M	-9.52M	-6.35M	16.18M
Other Non-Cash Items	22.4M	2.26M	245K	650K	1.07M	1.31M	1.15M	96.59M	3.16M	8.74M
Working Capital Changes	817K	8.47M	-9.46M	-6.41M	-12.58M	10.07M	-38.42M	-36.99M	19.62M	416K
Change in Receivables	1.73M	2.77M	-8.67M	-766K	-6.16M	-7.67M	-6.46M	-8.33M	6.08M	10.84M
Change in Inventory	-558K	5.38M	1.36M	-7.2M	-9.14M	11.01M	-34.07M	-19.49M	13.21M	3.74M
Change in Payables	-3.25M	-1.28M	-137K	1.7M	1.22M	5.87M	2.75M	1.37M	-4.94M	-7.96M
Cash from Investing+	58.41M	6.77M	-82.03M	-4.08M	-4.1M	-35.58M	-178.14M	-7.75M	-11.42M	165.16M
Capital Expenditures	-2.8M	-2.57M	-2.85M	-3.37M	-4.12M	-5.41M	-17.38M	-8.25M	-5.72M	-6.74M
CapEx % of Revenue	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.07%	0.03%	0.02%	0.03%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	335K	22K	53K	6K	20K	327K	229K	-1.76M	-51K	65K
Cash from Financing+	-4.5M	-5.22M	-2.06M	-6.56M	-6.29M	22.25M	180.68M	-13.86M	-20.25M	-123.24M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	-1.49M	-2.99M	-1.52M	-3.33M	-3.72M	-3.75M	-3.83M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	264K	0	179K	-1.03M	291K	1.75M	-212K	393K	3.44M	565K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	865K	2.24M	-11.77M	8.03M	5.41M	23.98M	-17.69M	6.36M	25.96M	-14.04M
FCF Margin %	0.01%	0.02%	-0.07%	0.04%	0.02%	0.11%	-0.07%	0.02%	0.09%	-0.05%
FCF Growth %	1.03%	1.59%	-6.24%	1.68%	-0.33%	3.44%	-1.74%	1.36%	3.08%	-1.54%
FCF per Share	0.03	0.07	-0.39	0.27	0.17	0.77	-0.50	0.17	0.69	-0.37
FCF Conversion (FCF/Net Income)	-0.05x	-0.54x	13.25x	1.56x	0.50x	5.30x	-0.01x	-0.21x	-3.15x	0.14x
Interest Paid	0	0	598K	950K	1.09M	970K	2.25M	6.59M	0	1.96M
Taxes Paid	0	0	931K	418K	209K	426K	1.98M	8.64M	0	2.46M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-35.8%	-5.33%	-0.42%	4.44%	10.92%	2.87%	9.08%	-21.07%	-3.47%	-19.91%
Return on Invested Capital (ROIC)	-16.03%	-4.58%	-2.68%	3.33%	4.42%	1.38%	-2.59%	-16.9%	-3.72%	-16.99%
Gross Margin	36.29%	29.48%	31.53%	34.86%	34.99%	34.73%	33.04%	34.88%	34.09%	35.04%
Net Margin	-51.87%	-6.06%	-0.39%	3.44%	8.27%	2.48%	9.81%	-22.13%	-3.55%	-19.78%
Debt / Equity	0.11x	0.14x	0.13x	0.13x	0.13x	0.20x	0.43x	0.53x	0.47x	0.07x
Interest Coverage	-13.76x	-2.08x	-3.74x	6.10x	8.42x	3.12x	-4.32x	-13.49x	-	-
FCF Conversion	-0.05x	-0.54x	13.25x	1.56x	0.50x	5.30x	-0.01x	-0.21x	-3.15x	0.14x
Revenue Growth	-22.61%	-0.86%	15.18%	24.29%	8.15%	-2.37%	18.73%	18.53%	-9.27%	-7.59%

Revenue by Segment

	2017	2018	2019	2020	2021	2022	2023	2024
Outdoor	-	-	-	-	220.83M	222.34M	-	183.57M
Outdoor Growth	-	-	-	-	-	0.69%	-	-
Adventure	-	-	-	-	45.14M	92.91M	-	80.75M
Adventure Growth	-	-	-	-	-	105.82%	-	-
International Sales Revenue	-	-	-	-	-	-	173.63M	-
International Sales Revenue Growth	-	-	-	-	-	-	-	-
Domestic Sales Revenue	-	-	-	-	-	-	112.39M	-
Domestic Sales Revenue Growth	-	-	-	-	-	-	-	-
Precision Sport	-	-	-	-	109.82M	132.85M	-	-
Precision Sport Growth	-	-	-	-	-	20.97%	-	-
Black Diamond	160.33M	176.75M	199.95M	171.23M	-	-	-	-
Black Diamond Growth	-	10.24%	13.13%	-14.36%	-	-	-	-
Sierra	10.36M	35.4M	29.49M	52.78M	-	-	-	-
Sierra Growth	-	241.78%	-16.68%	78.96%	-	-	-	-

Frequently Asked Questions

Growth & Financials

Clarus Corporation (CLAR) reported $256.4M in revenue for fiscal year 2024. This represents a 76% increase from $145.8M in 2011.

Clarus Corporation (CLAR) saw revenue decline by 7.6% over the past year.

Clarus Corporation (CLAR) reported a net loss of $80.8M for fiscal year 2024.

Dividend & Returns

Yes, Clarus Corporation (CLAR) pays a dividend with a yield of 2.61%. This makes it attractive for income-focused investors.

Clarus Corporation (CLAR) has a return on equity (ROE) of -19.9%. Negative ROE indicates the company is unprofitable.

Clarus Corporation (CLAR) had negative free cash flow of $7.1M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

...

Clarus Corporation (CLAR) 10-Year Financial Performance & Capital Metrics

CLAR • • Industrial / General

Consumer CyclicalLeisureOutdoor Recreation EquipmentOutdoor Gear & Equipment

Revenue $264M -7.6%
EBITDA -$57M -7371.7%
Net Income -$52M -415.3%
EPS (Diluted) -1.37 -407.4%
Gross Margin 35.04% +2.8%
EBITDA Margin -21.4% -7984.3%
Operating Margin -26.63% -260.8%
Net Margin -19.78% -457.7%
ROE -19.91% -473.3%
ROIC -16.99% -357.1%
Debt/Equity 0.07 -84.7%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Healthy dividend yield of 2.6%
✓Trading at only 0.6x book value

✗Weaknesses

✗Negative free cash flow
✗Low quality earnings: Net income not backed by cash flow

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y3.19%

5Y2.87%

3Y-0.21%

TTM29.68%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-1768.03%

EPS CAGR

10Y-

5Y-

3Y-

TTM-1752.31%

ROCE

10Y Avg-6.34%

5Y Avg-10.41%

3Y Avg-16.88%

Latest-24.17%

Peer Comparison

Outdoor Gear & Equipment

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CLARClarus Corporation	147.08M	3.83	-2.80	-7.59%	-31.52%	-35.79%		0.07
JOUTJohnson Outdoors Inc.	416.11M	45.00	-17.31	-10.7%	-7.02%	-8.77%	4.56%	0.11
AOUTAmerican Outdoor Brands, Inc.	124.99M	9.93	-1655	10.55%	-2.69%	-3.27%		0.19

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	149.48M	148.19M	170.69M	212.14M	229.44M	224.01M	265.97M	315.25M	286.02M	264.31M
Revenue Growth %	-0.23%	-0.01%	0.15%	0.24%	0.08%	-0.02%	0.19%	0.19%	-0.09%	-0.08%
Cost of Goods Sold+	101.02M	104.5M	116.88M	138.18M	149.15M	146.21M	178.1M	205.3M	188.51M	171.7M
COGS % of Revenue	0.68%	0.71%	0.68%	0.65%	0.65%	0.65%	0.67%	0.65%	0.66%	0.65%
Gross Profit+	54.25M	43.68M	53.81M	73.96M	80.29M	77.8M	87.87M	109.95M	97.51M	92.62M
Gross Margin %	0.36%	0.29%	0.32%	0.35%	0.35%	0.35%	0.33%	0.35%	0.34%	0.35%
Gross Profit Growth %	-0.28%	-0.19%	0.23%	0.37%	0.09%	-0.03%	0.13%	0.25%	-0.11%	-0.05%
Operating Expenses+	58.5M	49.94M	56.3M	65.15M	68.86M	73.86M	100.58M	216.44M	118.62M	163M
OpEx % of Revenue	0.39%	0.34%	0.33%	0.31%	0.3%	0.33%	0.38%	0.69%	0.41%	0.62%
Selling, General & Admin	58.5M	49.94M	48.31M	55.68M	68.68M	71.43M	90.66M	120.81M	116.37M	115.79M
SG&A % of Revenue	0.39%	0.34%	0.28%	0.26%	0.3%	0.32%	0.34%	0.38%	0.41%	0.44%
Research & Development	7.47M	6.6M	7.98M	9.47M	0	0	0	0	0	0
R&D % of Revenue	0.05%	0.04%	0.05%	0.04%	-	-	-	-	-	-
Other Operating Expenses	33.83M	533K	-949K	-359K	179K	2.43M	9.91M	95.62M	2.25M	47.21M
Operating Income+	-38.08M	-5.97M	-4.82M	8.17M	11.43M	3.93M	-12.7M	-106.48M	-21.11M	-70.38M
Operating Margin %	-0.25%	-0.04%	-0.03%	0.04%	0.05%	0.02%	-0.05%	-0.34%	-0.07%	-0.27%
Operating Income Growth %	-2.81%	0.84%	0.19%	2.7%	0.4%	-0.66%	-4.23%	-7.38%	0.8%	-2.33%
EBITDA+	-33.8M	-2.63M	444K	16.47M	19.53M	12.8M	3.12M	-83.53M	-757K	-56.56M
EBITDA Margin %	-0.23%	-0.02%	0%	0.08%	0.09%	0.06%	0.01%	-0.26%	-0%	-0.21%
EBITDA Growth %	-12.55%	0.92%	1.17%	36.09%	0.19%	-0.34%	-0.76%	-27.79%	0.99%	-73.72%
D&A (Non-Cash Add-back)	4.28M	3.34M	5.26M	8.3M	8.1M	8.87M	15.82M	22.95M	20.35M	13.82M
EBIT	-37.65M	-5.44M	-4.47M	9.86M	11.34M	4.85M	-2.79M	-10.86M	-18.86M	-23.17M
Net Interest Income+	-2.77M	-2.88M	-1.29M	-1.34M	-1.36M	-1.26M	-2.94M	-7.89M	67K	1.47M
Interest Income	0	0	0	0	0	0	0	0	67K	1.47M
Interest Expense	2.77M	2.88M	1.29M	1.34M	1.36M	1.26M	2.94M	7.89M	0	0
Other Income/Expense	-2.33M	-2.34M	-945K	-1.7M	-1.45M	-349K	-4.41M	-1.03M	1.03M	-206K
Pretax Income+	-40.41M	-8.31M	-5.76M	6.47M	9.98M	3.58M	-17.11M	-107.52M	-20.08M	-70.58M
Pretax Margin %	-0.27%	-0.06%	-0.03%	0.03%	0.04%	0.02%	-0.06%	-0.34%	-0.07%	-0.27%
Income Tax+	47.69M	665K	-5.09M	-828K	-8.99M	-1.96M	-19.23M	-14.72M	-4.29M	17.85M
Effective Tax Rate %	1.92%	1.08%	0.12%	1.13%	1.9%	1.55%	-1.52%	0.65%	0.51%	0.74%
Net Income+	-77.54M	-8.98M	-673K	7.3M	18.97M	5.54M	26.09M	-69.78M	-10.15M	-52.29M
Net Margin %	-0.52%	-0.06%	-0%	0.03%	0.08%	0.02%	0.1%	-0.22%	-0.04%	-0.2%
Net Income Growth %	-6.54%	0.88%	0.93%	11.85%	1.6%	-0.71%	3.71%	-3.67%	0.85%	-4.15%
Net Income (Continuing)	-88.11M	-8.98M	-673K	7.3M	18.97M	5.54M	2.12M	-92.8M	-15.79M	-88.44M
Discontinued Operations	10.56M	0	0	0	0	0	23.97M	23.02M	5.64M	36.15M
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-2.32	-0.30	-0.02	0.24	0.61	0.18	0.73	-1.88	-0.27	-1.37
EPS Growth %	-6.4%	0.87%	0.93%	11.76%	1.54%	-0.7%	3.06%	-3.58%	0.86%	-4.07%
EPS (Basic)	-2.32	-0.30	-0.02	0.24	0.63	0.18	0.79	-1.88	-0.27	-1.37
Diluted Shares Outstanding	32.74M	30.53M	30.16M	30.25M	31.13M	31.23M	35.69M	37.2M	37.48M	38.3M
Basic Shares Outstanding	32.74M	30.53M	30.16M	30.42M	29.95M	30.81M	33.14M	27.97M	37.48M	38.3M
Dividend Payout Ratio	-	-	-	0.2%	0.16%	0.27%	0.13%	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	182.38M	166.94M	99.44M	108.5M	120.87M	142.12M	226.95M	238.62M	299.75M	177.78M
Cash & Short-Term Investments	98.22M	94.74M	1.86M	2.49M	1.7M	17.79M	19.46M	11.98M	11.32M	45.36M
Cash Only	88.4M	94.74M	1.86M	2.49M	1.7M	17.79M	19.46M	11.98M	11.32M	45.36M
Short-Term Investments	9.82M	0	0	0	0	0	0	0	0	0
Accounts Receivable	27.52M	23.32M	35.82M	35.97M	41.95M	50.59M	66.3M	51.17M	54.86M	44.59M
Days Sales Outstanding	67.21	57.43	76.59	61.88	66.74	82.44	90.98	59.24	70.01	61.57
Inventory	51.5M	45.41M	58.14M	64.93M	73.43M	68.36M	129.35M	107.6M	91.41M	82.28M
Days Inventory Outstanding	186.06	158.6	181.56	171.52	179.71	170.64	265.1	191.31	176.99	174.91
Other Current Assets	1.64M	1.17M	3.63M	0	0	0	0	67.87M	142.15M	5.55M
Total Non-Current Assets+	46.21M	43.51M	108M	104.63M	109.39M	138.57M	404.88M	279.53M	195.59M	116.31M
Property, Plant & Equipment	10.79M	11.05M	24.34M	23.4M	22.92M	26.96M	42.83M	17.3M	16.59M	17.61M
Fixed Asset Turnover	13.85x	13.40x	7.01x	9.07x	10.01x	8.31x	6.21x	18.22x	17.24x	15.01x
Goodwill	0	0	17.75M	18.09M	18.09M	26.71M	118.09M	36.28M	39.32M	3.8M
Intangible Assets	33.58M	32.31M	65.08M	61.11M	57.45M	66.94M	201.95M	106.7M	99.99M	31.52M
Long-Term Investments	-8.97M	-8.97M	-3.67M	-2.92M	0	0	0	0	0	0
Other Non-Current Assets	1.84M	147K	833K	2.03M	3.03M	6.85M	19.58M	101.33M	16.82M	63.35M
Total Assets+	228.59M	210.46M	207.45M	213.13M	230.26M	280.69M	631.83M	518.14M	495.34M	294.09M
Asset Turnover	0.65x	0.70x	0.82x	1.00x	1.00x	0.80x	0.42x	0.61x	0.58x	0.90x
Asset Growth %	-0.28%	-0.08%	-0.01%	0.03%	0.08%	0.22%	1.25%	-0.18%	-0.04%	-0.41%
Total Current Liabilities+	21.45M	40.61M	19.78M	21.74M	24.56M	39.62M	72.98M	64.59M	170.93M	36.04M
Accounts Payable	20.82M	17.74M	19.46M	21.49M	24.3M	21.48M	31.49M	24.77M	20.02M	11.87M
Days Payables Outstanding	75.23	61.96	60.76	56.76	59.48	53.63	64.53	44.03	38.75	25.24
Short-Term Debt	0	21.9M	0	41K	0	4M	9.59M	11.9M	119.79M	1.89M
Deferred Revenue (Current)	0	-1000K	0	90K	0	0	0	0	0	0
Other Current Liabilities	624K	0	93K	0	0	7.24M	16.56M	18.51M	20.79M	9.66M
Current Ratio	8.50x	4.11x	5.03x	4.99x	4.92x	3.59x	3.11x	3.69x	1.75x	4.93x
Quick Ratio	6.10x	2.99x	2.09x	2.00x	1.93x	1.86x	1.34x	2.03x	1.22x	2.65x
Cash Conversion Cycle	178.04	154.07	197.39	176.64	186.97	199.45	291.55	206.52	208.25	211.24
Total Non-Current Liabilities+	31.14M	9.04M	24.68M	25.18M	24.51M	36.48M	188.68M	161.44M	32.28M	24.96M
Long-Term Debt	20.13M	0	20.84M	22.11M	22.67M	30.62M	131.95M	127.08M	0	0
Capital Lease Obligations	0	0	0	0	0	4.41M	15.11M	12.82M	13.03M	11.29M
Deferred Tax Liabilities	8.97M	8.97M	3.67M	2.92M	1.22M	1.23M	35.28M	18.51M	18.12M	12.21M
Other Non-Current Liabilities	2.04M	76K	175K	159K	615K	214K	6.34M	3.03M	1.13M	1.47M
Total Liabilities	52.59M	49.65M	44.47M	46.92M	49.07M	76.1M	261.66M	226.04M	203.22M	61M
Total Debt+	20.13M	21.9M	20.84M	22.15M	22.67M	40.01M	159.47M	154.65M	136M	16.65M
Net Debt	-68.27M	-72.84M	18.99M	19.66M	20.97M	22.22M	140M	142.67M	124.67M	-28.71M
Debt / Equity	0.11x	0.14x	0.13x	0.13x	0.13x	0.20x	0.43x	0.53x	0.47x	0.07x
Debt / EBITDA	-	-	46.94x	1.34x	1.16x	3.12x	51.14x	-	-	-
Net Debt / EBITDA	-	-	42.76x	1.19x	1.07x	1.74x	44.90x	-	-	-
Interest Coverage	-13.76x	-2.08x	-3.74x	6.10x	8.42x	3.12x	-4.32x	-13.49x	-	-
Total Equity+	176M	160.81M	162.98M	166.21M	181.19M	204.59M	370.17M	292.11M	292.12M	233.09M
Equity Growth %	-0.32%	-0.09%	0.01%	0.02%	0.09%	0.13%	0.81%	-0.21%	0%	-0.2%
Book Value per Share	5.37	5.27	5.40	5.49	5.82	6.55	10.37	7.85	7.79	6.09
Total Shareholders' Equity	176M	160.81M	162.98M	166.21M	181.19M	204.59M	370.17M	292.11M	292.12M	233.09M
Common Stock	3K	3K	3K	3K	3K	4K	4K	4K	4K	4K
Retained Earnings	-299.17M	-309.72M	-310.39M	-304.58M	-288.59M	-286.1M	-263.34M	-336.84M	-350.74M	-406.86M
Treasury Stock	-7.32M	-12.4M	-12.41M	-18.1M	-22.27M	-23.79M	-24.44M	-32.71M	-32.93M	-33.11M
Accumulated OCI	-1.21M	-1M	499K	477K	-303K	500K	-5.05M	-17.68M	-15.41M	-24.53M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	3.67M	4.81M	-8.92M	11.39M	9.52M	29.39M	-304K	14.61M	31.92M	-7.3M
Operating CF Margin %	0.02%	0.03%	-0.05%	0.05%	0.04%	0.13%	-0%	0.05%	0.11%	-0.03%
Operating CF Growth %	1.13%	0.31%	-2.85%	2.28%	-0.16%	2.09%	-1.01%	49.06%	1.19%	-1.23%
Net Income	-75.97M	-8.98M	-673K	7.3M	18.97M	5.54M	26.09M	-69.78M	-10.15M	-52.29M
Depreciation & Amortization	5.57M	3.34M	5.26M	8.3M	8.1M	8.87M	15.82M	22.95M	20.35M	13.82M
Stock-Based Compensation	449K	227K	1.18M	2.65M	2.95M	6.79M	9.48M	11.36M	5.29M	5.83M
Deferred Taxes	50.4M	-512K	-5.48M	-1.1M	-8.99M	-3.2M	-14.42M	-9.52M	-6.35M	16.18M
Other Non-Cash Items	22.4M	2.26M	245K	650K	1.07M	1.31M	1.15M	96.59M	3.16M	8.74M
Working Capital Changes	817K	8.47M	-9.46M	-6.41M	-12.58M	10.07M	-38.42M	-36.99M	19.62M	416K
Change in Receivables	1.73M	2.77M	-8.67M	-766K	-6.16M	-7.67M	-6.46M	-8.33M	6.08M	10.84M
Change in Inventory	-558K	5.38M	1.36M	-7.2M	-9.14M	11.01M	-34.07M	-19.49M	13.21M	3.74M
Change in Payables	-3.25M	-1.28M	-137K	1.7M	1.22M	5.87M	2.75M	1.37M	-4.94M	-7.96M
Cash from Investing+	58.41M	6.77M	-82.03M	-4.08M	-4.1M	-35.58M	-178.14M	-7.75M	-11.42M	165.16M
Capital Expenditures	-2.8M	-2.57M	-2.85M	-3.37M	-4.12M	-5.41M	-17.38M	-8.25M	-5.72M	-6.74M
CapEx % of Revenue	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.07%	0.03%	0.02%	0.03%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	335K	22K	53K	6K	20K	327K	229K	-1.76M	-51K	65K
Cash from Financing+	-4.5M	-5.22M	-2.06M	-6.56M	-6.29M	22.25M	180.68M	-13.86M	-20.25M	-123.24M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	-1.49M	-2.99M	-1.52M	-3.33M	-3.72M	-3.75M	-3.83M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	264K	0	179K	-1.03M	291K	1.75M	-212K	393K	3.44M	565K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	865K	2.24M	-11.77M	8.03M	5.41M	23.98M	-17.69M	6.36M	25.96M	-14.04M
FCF Margin %	0.01%	0.02%	-0.07%	0.04%	0.02%	0.11%	-0.07%	0.02%	0.09%	-0.05%
FCF Growth %	1.03%	1.59%	-6.24%	1.68%	-0.33%	3.44%	-1.74%	1.36%	3.08%	-1.54%
FCF per Share	0.03	0.07	-0.39	0.27	0.17	0.77	-0.50	0.17	0.69	-0.37
FCF Conversion (FCF/Net Income)	-0.05x	-0.54x	13.25x	1.56x	0.50x	5.30x	-0.01x	-0.21x	-3.15x	0.14x
Interest Paid	0	0	598K	950K	1.09M	970K	2.25M	6.59M	0	1.96M
Taxes Paid	0	0	931K	418K	209K	426K	1.98M	8.64M	0	2.46M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-35.8%	-5.33%	-0.42%	4.44%	10.92%	2.87%	9.08%	-21.07%	-3.47%	-19.91%
Return on Invested Capital (ROIC)	-16.03%	-4.58%	-2.68%	3.33%	4.42%	1.38%	-2.59%	-16.9%	-3.72%	-16.99%
Gross Margin	36.29%	29.48%	31.53%	34.86%	34.99%	34.73%	33.04%	34.88%	34.09%	35.04%
Net Margin	-51.87%	-6.06%	-0.39%	3.44%	8.27%	2.48%	9.81%	-22.13%	-3.55%	-19.78%
Debt / Equity	0.11x	0.14x	0.13x	0.13x	0.13x	0.20x	0.43x	0.53x	0.47x	0.07x
Interest Coverage	-13.76x	-2.08x	-3.74x	6.10x	8.42x	3.12x	-4.32x	-13.49x	-	-
FCF Conversion	-0.05x	-0.54x	13.25x	1.56x	0.50x	5.30x	-0.01x	-0.21x	-3.15x	0.14x
Revenue Growth	-22.61%	-0.86%	15.18%	24.29%	8.15%	-2.37%	18.73%	18.53%	-9.27%	-7.59%

Revenue by Segment

	2017	2018	2019	2020	2021	2022	2023	2024
Outdoor	-	-	-	-	220.83M	222.34M	-	183.57M
Outdoor Growth	-	-	-	-	-	0.69%	-	-
Adventure	-	-	-	-	45.14M	92.91M	-	80.75M
Adventure Growth	-	-	-	-	-	105.82%	-	-
International Sales Revenue	-	-	-	-	-	-	173.63M	-
International Sales Revenue Growth	-	-	-	-	-	-	-	-
Domestic Sales Revenue	-	-	-	-	-	-	112.39M	-
Domestic Sales Revenue Growth	-	-	-	-	-	-	-	-
Precision Sport	-	-	-	-	109.82M	132.85M	-	-
Precision Sport Growth	-	-	-	-	-	20.97%	-	-
Black Diamond	160.33M	176.75M	199.95M	171.23M	-	-	-	-
Black Diamond Growth	-	10.24%	13.13%	-14.36%	-	-	-	-
Sierra	10.36M	35.4M	29.49M	52.78M	-	-	-	-
Sierra Growth	-	241.78%	-16.68%	78.96%	-	-	-	-

Frequently Asked Questions

Growth & Financials

Clarus Corporation (CLAR) reported $256.4M in revenue for fiscal year 2024. This represents a 76% increase from $145.8M in 2011.

Clarus Corporation (CLAR) saw revenue decline by 7.6% over the past year.

Clarus Corporation (CLAR) reported a net loss of $80.8M for fiscal year 2024.

Dividend & Returns

Yes, Clarus Corporation (CLAR) pays a dividend with a yield of 2.61%. This makes it attractive for income-focused investors.

Clarus Corporation (CLAR) has a return on equity (ROE) of -19.9%. Negative ROE indicates the company is unprofitable.

Clarus Corporation (CLAR) had negative free cash flow of $7.1M in fiscal year 2024, likely due to heavy capital investments.