Cohen & Company Inc. (COHN) Financial Ratios
23 years of historical data (2003–2025) · Financial Services · Financial - Capital Markets
EV/EBITDA
↓
7.65
↓-80% vs avg
5yr avg: 37.51
30Y Low8.5·High84.0
P/FCF
↑
3.34
↓-28% vs avg
5yr avg: 4.62
30Y Low0.6·High72.5
P/B Ratio
↑
0.82
↑+72% vs avg
5yr avg: 0.48
30Y Low0.1·High1.4
ROE
↑
14.9%
↓+868% vs avg
5yr avg: 1.5%
30Y Low-82%·High19%
Debt/EBITDA
↓
7.16
↓-81% vs avg
5yr avg: 37.32
30Y Low7.2·High36.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
COHN Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Cohen & Company Inc. trades at 3.3x earnings, 11% below its 5-year average of 3.7x, sitting at the 25th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.1x, the stock trades at a discount of 75%. On a free-cash-flow basis, the stock trades at 3.3x P/FCF, 28% below the 5-year average of 4.6x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $87M | $141M | $59M | $10M | $12M | $23M | $25M | $7M | $14M | $21M | $21M |
| Enterprise Value | $481M | $535M | $157M | $148M | $607M | $3.4B | $5.7B | $7.6B | $5.3B | $1.7B | $331M |
| P/E Ratio → | 3.27 | 5.42 | — | — | — | 1.89 | 2.13 | — | — | 5.01 | 6.26 |
| P/S Ratio | 0.31 | 0.51 | 0.74 | 0.12 | 0.27 | 0.16 | 0.19 | 0.13 | 0.29 | 0.44 | 0.38 |
| P/B Ratio | 0.82 | 1.37 | 0.65 | 0.11 | 0.13 | 0.15 | 0.25 | 0.14 | 0.33 | 0.43 | 0.45 |
| P/FCF | 3.34 | 5.40 | 7.14 | — | — | 1.32 | 0.61 | — | — | — | — |
| P/OCF | 3.19 | 5.16 | 6.20 | — | — | 1.24 | 0.61 | — | — | — | — |
P/E links to full P/E history page with 30-year chart
COHN EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Cohen & Company Inc.'s enterprise value stands at 7.6x EBITDA, 80% below its 5-year average of 37.5x. The Financial Services sector median is 11.5x, placing the stock at a 33% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.92 | 1.98 | 1.79 | 13.67 | 22.95 | 44.19 | 152.81 | 106.39 | 36.48 | 5.98 |
| EV / EBITDA | 7.65 | 8.50 | — | 19.99 | — | 84.04 | 134.78 | 1741.07 | 1340.36 | 226.68 | 37.26 |
| EV / EBIT | 7.74 | 11.78 | 77.14 | 6.61 | — | 43.21 | 145.65 | 2063.44 | 1422.75 | 234.30 | 38.52 |
| EV / FCF | — | 20.48 | 19.12 | — | — | 194.22 | 139.50 | — | — | — | — |
COHN Profitability
Margins and return-on-capital ratios measuring operating efficiency
Cohen & Company Inc. earns an operating margin of 22.3%, roughly in line with the Financial Services sector average. Operating margins have expanded from 8.3% to 22.3% over the past 3 years, signaling improving operational efficiency. ROE of 14.9% is modest. ROIC of 12.2% represents solid returns on invested capital versus a sector median of 5.7%.
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 | 93.8% | 93.8% | 29.2% | 37.2% | -13.3% | 41.9% | 54.0% | 47.7% | 48.6% | 52.6% | 43.8% |
| Operating Margin | 22.3% | 22.3% | -10.1% | 8.3% | -63.0% | 27.1% | 32.5% | 8.1% | 7.4% | 15.6% | 15.5% |
| Net Profit Margin | 5.2% | 5.2% | -0.2% | -6.2% | -30.2% | 8.1% | 10.9% | -4.1% | -5.0% | 4.3% | 4.1% |
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 | 14.9% | 14.9% | -0.1% | -5.5% | -10.9% | 9.3% | 18.9% | -4.5% | -5.4% | 4.3% | 4.9% |
| ROA | 1.7% | 1.7% | -0.0% | -0.6% | -0.6% | 0.2% | 0.2% | -0.0% | -0.1% | 0.2% | 0.5% |
| ROIC | 12.2% | 12.2% | -2.7% | 1.1% | -1.0% | 0.6% | 0.5% | 0.0% | 0.1% | 0.5% | 2.2% |
| ROCE | 7.6% | 7.6% | -0.9% | 0.8% | -1.2% | 2.0% | 19.3% | 1.9% | 1.7% | 3.9% | 5.9% |
COHN Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Cohen & Company Inc. carries a Debt/EBITDA ratio of 7.2x, which is highly leveraged (73% above the sector average of 4.1x). Net debt stands at $393M ($450M total debt minus $57M cash). Interest coverage of 7.7x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 4.37 | 4.37 | 1.31 | 1.62 | 6.64 | 22.36 | 56.85 | 155.69 | 123.81 | 36.06 | 6.95 |
| Debt / EBITDA | 7.16 | 7.16 | — | 20.07 | — | 84.74 | 135.18 | 1741.45 | 1340.34 | 226.96 | 36.61 |
| Net Debt / Equity | — | 3.82 | 1.09 | 1.51 | 6.33 | 22.03 | 56.44 | 155.52 | 123.47 | 35.58 | 6.62 |
| Net Debt / EBITDA | 6.26 | 6.26 | — | 18.64 | — | 83.47 | 134.19 | 1739.55 | 1336.74 | 223.96 | 34.89 |
| Debt / FCF | — | 15.08 | 11.98 | — | — | 192.91 | 138.89 | — | — | — | — |
| Interest Coverage | 7.72 | 7.72 | 0.35 | 3.44 | -9.81 | 10.75 | 4.12 | 0.48 | 0.43 | 1.20 | 1.81 |
COHN Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Cohen & Company Inc.'s current ratio of 3.87x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 82.34x to 3.87x 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 | 3.87 | 3.87 | 81.32 | 82.34 | 56.34 | 154.55 | 1.02 | 1.02 | 1.04 | 1.10 | 1.38 |
| Quick Ratio | 3.87 | 3.87 | 81.32 | 82.34 | 56.34 | 154.55 | 1.02 | 1.02 | 1.04 | 1.10 | 1.38 |
| Cash Ratio | 3.35 | 3.35 | 1.80 | 1.31 | 1.98 | 2.22 | 0.01 | 0.00 | 0.00 | 0.01 | 0.04 |
| Asset Turnover | — | 0.40 | 0.08 | 0.11 | 0.05 | 0.04 | 0.02 | 0.01 | 0.01 | 0.02 | 0.10 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
COHN Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Cohen & Company Inc. returns 2.5% to shareholders annually primarily through dividends. The earnings yield of 30.6% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
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 | 2.5% | 1.5% | 3.2% | 17.4% | 21.6% | 2.9% | 0.1% | 7.8% | 6.8% | 4.7% | 4.5% |
| Payout Ratio | — | — | — | — | — | 5.7% | 0.2% | — | — | 47.7% | 42.1% |
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 | 30.6% | 18.5% | — | — | — | 52.9% | 46.9% | — | — | 20.0% | 16.0% |
| FCF Yield | 29.9% | 18.5% | 14.0% | — | — | 75.9% | 164.0% | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 3.8% | 8.5% | 4.5% | 5.4% | 2.8% | 11.1% |
| Total Shareholder Yield | 2.5% | 1.5% | 3.2% | 17.4% | 21.6% | 6.7% | 8.6% | 12.3% | 12.2% | 7.5% | 15.6% |
| Shares Outstanding | — | $6M | $6M | $2M | $1M | $2M | $2M | $2M | $2M | $3M | $2M |
Peer Comparison
Compare COHN 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 |
|---|---|---|---|---|---|---|---|---|---|
 COHNYou | $87M | 3.3 | 7.6 | 3.3 | 93.8% | 22.3% | 14.9% | 12.2% | 7.2 |
 GAIN | $657M | 9.3 | 16.8 | 5.8 | 68.6% | 72.7% | 13.2% | 5.3% | 7.0 |
 HRZN | $199M | 4.3 | — | 3.5 | 18.0% | -4.0% | -0.8% | -0.2% | — |
 OPFI | $852M | 10.0 | 5.7 | 2.2 | 95.1% | 32.4% | 9.7% | 26.4% | 1.7 |
 MFIN | $225M | 5.4 | 1.9 | 1.8 | 96.7% | 50.5% | 9.1% | 17.2% | 1.8 |
 IIIV | $506M | 40.9 | 14.0 | 134.9 | 55.7% | 1.9% | 3.5% | 0.6% | 0.2 |
 LMND | $4B | -23.7 | — | — | 40.3% | -21.8% | -29.4% | -36.8% | — |
 RILY | $305M | 1.1 | 8.3 | — | 65.0% | 14.6% | — | 8.3% | 7.9 |
 HLI | $11B | 26.4 | 18.7 | 13.2 | 38.5% | 21.0% | 19.9% | 15.5% | 0.8 |
 ICE | $88B | 27.1 | 16.7 | 20.6 | 61.9% | 38.7% | 11.7% | 7.5% | 3.1 |
 CME | $104B | 25.7 | 23.0 | 24.8 | 86.1% | 64.9% | 14.6% | 10.2% | 0.8 |
| Financial Services Median | — | 13.1 | 11.5 | 10.6 | 63.6% | 21.6% | 9.4% | 5.7% | 4.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 23 years · Updated daily
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Start ComparisonCOHN — Frequently Asked Questions
Quick answers to the most common questions about buying COHN stock.
What is Cohen & Company Inc.'s P/E ratio?
Cohen & Company Inc.'s current P/E ratio is 3.3x. The historical average is 22.8x. This places it at the 25th percentile of its historical range.
What is Cohen & Company Inc.'s EV/EBITDA?
Cohen & Company Inc.'s current EV/EBITDA is 7.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 37.5x.
What is Cohen & Company Inc.'s ROE?
Cohen & Company Inc.'s return on equity (ROE) is 14.9%. The historical average is -4.8%.
Is COHN stock overvalued?
Based on historical data, Cohen & Company Inc. is trading at a P/E of 3.3x. This is at the 25th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Cohen & Company Inc.'s dividend yield?
Cohen & Company Inc.'s current dividend yield is 2.51%.
What are Cohen & Company Inc.'s profit margins?
Cohen & Company Inc. has 93.8% gross margin and 22.3% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Cohen & Company Inc. have?
Cohen & Company Inc.'s Debt/EBITDA ratio is 7.2x, indicating high leverage. A ratio above 4x may signal elevated financial risk.