Cohen & Company Inc. (COHN) Financial Ratios
23 years of historical data (2003–2025) · Financial Services · Financial - Capital Markets
EV/EBITDA
↓
1.06
↓-97% vs avg
5yr avg: 35.39
30Y Low2.1·High84.0
P/FCF
↑
2.82
↓-39% vs avg
5yr avg: 4.62
30Y Low0.6·High72.5
P/B Ratio
↑
0.70
↑+46% 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
↓
0.79
↓-98% vs avg
5yr avg: 35.20
30Y Low0.8·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 2.8x earnings, 24% 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 13.9x, the stock trades at a discount of 80%. On a free-cash-flow basis, the stock trades at 2.8x P/FCF, 39% 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 | $74M | $141M | $59M | $10M | $12M | $23M | $25M | $7M | $14M | $21M | $21M |
| Enterprise Value | $67M | $134M | $157M | $148M | $607M | $3.4B | $5.7B | $7.6B | $5.3B | $1.7B | $331M |
| P/E Ratio → | 2.77 | 5.42 | — | — | — | 1.89 | 2.13 | — | — | 5.01 | 6.26 |
| P/S Ratio | 0.26 | 0.51 | 0.74 | 0.12 | 0.27 | 0.16 | 0.19 | 0.13 | 0.29 | 0.44 | 0.38 |
| P/B Ratio | 0.70 | 1.37 | 0.65 | 0.11 | 0.13 | 0.15 | 0.25 | 0.14 | 0.33 | 0.43 | 0.45 |
| P/FCF | 2.82 | 5.40 | 7.14 | — | — | 1.32 | 0.61 | — | — | — | — |
| P/OCF | 2.69 | 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 1.1x EBITDA, 97% below its 5-year average of 35.4x. The Financial Services sector median is 11.1x, placing the stock at a 90% 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 | — | 0.48 | 1.98 | 1.79 | 13.67 | 22.95 | 44.19 | 152.81 | 106.39 | 36.48 | 5.98 |
| EV / EBITDA | 1.06 | 2.13 | — | 19.99 | — | 84.04 | 134.78 | 1741.07 | 1340.36 | 226.68 | 37.26 |
| EV / EBIT | 1.07 | 2.96 | 77.14 | 6.61 | — | 43.21 | 145.65 | 2063.44 | 1422.75 | 234.30 | 38.52 |
| EV / FCF | — | 5.14 | 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%, above the Financial Services sector average of 20.0%. 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 25.8% represents excellent returns on invested capital versus a sector median of 5.3%.
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 | 25.8% | 25.8% | -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 0.8x, which is very conservative (81% below the sector average of 4.2x). The company holds a net cash position — cash of $57M exceeds total debt of $50M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. 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 | 0.48 | 0.48 | 1.31 | 1.62 | 6.64 | 22.36 | 56.85 | 155.69 | 123.81 | 36.06 | 6.95 |
| Debt / EBITDA | 0.79 | 0.79 | — | 20.07 | — | 84.74 | 135.18 | 1741.45 | 1340.34 | 226.96 | 36.61 |
| Net Debt / Equity | — | -0.07 | 1.09 | 1.51 | 6.33 | 22.03 | 56.44 | 155.52 | 123.47 | 35.58 | 6.62 |
| Net Debt / EBITDA | -0.11 | -0.11 | — | 18.64 | — | 83.47 | 134.19 | 1739.55 | 1336.74 | 223.96 | 34.89 |
| Debt / FCF | — | -0.26 | 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 |
Net cash position: cash ($57M) exceeds total debt ($50M)
COHN Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Cohen & Company Inc.'s current ratio of 33.96x 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 33.96x 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 | 33.96 | 33.96 | 81.32 | 82.34 | 56.34 | 154.55 | 1.02 | 1.02 | 1.04 | 1.10 | 1.38 |
| Quick Ratio | 33.96 | 33.96 | 81.32 | 82.34 | 56.34 | 154.55 | 1.02 | 1.02 | 1.04 | 1.10 | 1.38 |
| Cash Ratio | 3.16 | 3.16 | 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 3.0% to shareholders annually primarily through dividends. The payout ratio of 14.8% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 36.1% (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 | 3.0% | 1.5% | 3.2% | 17.4% | 21.6% | 2.9% | 0.1% | 7.8% | 6.8% | 4.7% | 4.5% |
| Payout Ratio | 14.8% | 14.8% | — | — | — | 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 | 36.1% | 18.5% | — | — | — | 52.9% | 46.9% | — | — | 20.0% | 16.0% |
| FCF Yield | 35.4% | 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 | 3.0% | 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 | $74M | 2.8 | 1.1 | 2.8 | 93.8% | 22.3% | 14.9% | 25.8% | 0.8 |
 GAIN | $593M | 3.1 | 5.1 | — | 19.4% | 315.8% | 31.7% | 15.5% | 2.5 |
 HRZN | $190M | 4.1 | — | 3.4 | 18.0% | -4.0% | -0.8% | -0.2% | — |
 OPFI | $755M | 8.8 | 5.2 | 2.0 | 95.1% | 32.4% | 9.7% | 26.4% | 1.7 |
 MFIN | $230M | 5.4 | 1.8 | 1.8 | 96.7% | 50.5% | 9.1% | 17.2% | 1.7 |
 IIIV | $441M | 35.6 | 12.0 | 117.4 | 55.7% | 1.9% | 3.5% | 0.6% | 0.2 |
 LMND | $4B | -25.2 | — | — | 40.3% | -21.8% | -29.4% | -36.8% | — |
 RILY | $323M | 0.9 | 8.4 | — | 65.0% | 14.6% | — | 8.3% | 7.9 |
 HLI | $10B | 22.6 | 13.6 | 14.2 | 98.4% | 23.6% | 18.4% | 16.7% | 0.7 |
 ICE | $75B | 23.1 | 14.7 | 17.5 | 61.9% | 38.7% | 11.7% | 7.5% | 3.1 |
 CME | $88B | 21.7 | 19.4 | 21.0 | 86.1% | 64.9% | 14.6% | 10.2% | 0.8 |
| Financial Services Median | — | 13.9 | 11.1 | 11.2 | 64.0% | 20.0% | 8.9% | 5.3% | 4.2 |
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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COHN — 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 2.8x. 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 1.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 36.5x.
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 2.8x. 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 2.95% with a payout ratio of 14.8%.
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 0.8x, indicating low leverage. A ratio below 2x is generally considered financially healthy.