CPI Aerostructures, Inc. (CVU) 10-Year Financial Performance & Capital Metrics

CVU • • Industrial / General

IndustrialsAerospace & DefenseAerospace Components & SubsystemsStructural Components & Composites

AboutCPI Aerostructures, Inc. engages in the contract production of structural aircraft parts for fixed wing aircraft and helicopters in the commercial and defense markets. The company also offers aero systems, such as reconnaissance pod structures and fuel panel systems; and supplies parts for maintenance, repair, and overhaul (MRO), as well as kitting contracts. In addition, it operates as a subcontractor for defense contractors and commercial contractors, as well as a contractor for the United States Department of Defense. Further, the company offers engineering, program management, supply chain management, kitting, and MRO services. Additionally, it offers machine gunner window assemblies, hover infrared suppression system module assemblies, wing sets and spares kits, lock assemblies, canopy activation drive shaft assemblies, rudder island and drag chute canister assemblies, composite electronics racks, structural wing components, fixed leading edges, and engine inlet assemblies. The company was formerly known as Consortium of Precision Industries, Inc. and changed its name to CPI Aerostructures, Inc. in July 1992. CPI Aerostructures, Inc. was incorporated in 1980 and is headquartered in Edgewood, New York.Show more

Revenue $81M -6.2%
EBITDA $7M +5.7%
Net Income $3M -80.8%
EPS (Diluted) 0.26 -81.2%
Gross Margin 21.26% +7.7%
EBITDA Margin 8.83% +12.7%
Operating Margin 8.3% +13.8%
Net Margin 4.07% -79.5%
ROE 13.74% -89.5%
ROIC 12.14% -7.3%
Debt/Equity 0.79 -30.7%
Interest Coverage 2.94 +14.5%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 121.1%
✓Strong Piotroski F-Score: 7/9
✓Momentum leader: RS Rating 89 (top 11%)
✓Efficient asset utilization: 1.2x turnover

✗Weaknesses

No significant weaknesses identified

Price & Volume

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Growth Metrics

Revenue CAGR

10Y7.41%

5Y-1.52%

3Y-7.78%

TTM-13.52%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-21.5%

TTM-103.3%

EPS CAGR

10Y-

5Y-

3Y-22.57%

TTM-102.62%

ROCE

10Y Avg7.8%

5Y Avg11.24%

3Y Avg17.31%

Latest15.96%

Peer Comparison

Structural Components & Composites

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
LOARLoar Holdings Inc.	6.84B	73.09	304.54	26.88%	13.33%	5.46%	0.67%	0.26
PKEPark Aerospace Corp.	501.33M	25.16	86.76	10.75%	13.14%	8.14%	0.76%	0.00
BWXTBWX Technologies, Inc.	19.5B	213.25	69.46	8.31%	10.04%	24.74%	1.31%	0.98
DCODucommun Incorporated	1.7B	113.92	54.25	3.9%	-4.29%	-5.33%	1.18%	0.40
GEGE Aerospace	337.48B	319.94	53.41	9.49%	18.33%	42.38%	1.09%	1.04
HXLHexcel Corporation	6.71B	84.26	52.99	6.37%	3.67%	4.39%	3.02%	0.48
CVUCPI Aerostructures, Inc.	55.11M	4.18	16.08	-6.23%	-0.79%	-2.26%	5.72%	0.79
SPRSpirit AeroSystems Holdings, Inc.	4.64B	39.50	-2.16	4.44%	-40.65%

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	100.2M	81.33M	81.28M	83.93M	87.52M	87.58M	103.37M	83.34M	86.47M	81.08M
Revenue Growth %	1.52%	-0.19%	-0%	0.03%	0.04%	0%	0.18%	-0.19%	0.04%	-0.06%
Cost of Goods Sold+	83.6M	77.01M	62.64M	65.77M	80.69M	77.82M	88.36M	67.03M	69.4M	63.84M
COGS % of Revenue	0.83%	0.95%	0.77%	0.78%	0.92%	0.89%	0.85%	0.8%	0.8%	0.79%
Gross Profit+	16.6M	4.32M	18.65M	18.16M	6.83M	9.76M	15.01M	16.3M	17.07M	17.24M
Gross Margin %	0.17%	0.05%	0.23%	0.22%	0.08%	0.11%	0.15%	0.2%	0.2%	0.21%
Gross Profit Growth %	1.56%	-0.74%	3.32%	-0.03%	-0.62%	0.43%	0.54%	0.09%	0.05%	0.01%
Operating Expenses+	7.64M	8.61M	8.45M	9.53M	11.56M	12.05M	11.82M	11.41M	10.76M	10.51M
OpEx % of Revenue	0.08%	0.11%	0.1%	0.11%	0.13%	0.14%	0.11%	0.14%	0.12%	0.13%
Selling, General & Admin	7.64M	8.61M	8.45M	9.53M	11.56M	12.05M	11.82M	11.41M	10.76M	10.51M
SG&A % of Revenue	0.08%	0.11%	0.1%	0.11%	0.13%	0.14%	0.11%	0.14%	0.12%	0.13%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	-19.77K	28.71K	0	0	0	0	0	0
Operating Income+	8.97M	-4.3M	10.2M	8.64M	-4.73M	-2.29M	3.18M	4.89M	6.31M	6.73M
Operating Margin %	0.09%	-0.05%	0.13%	0.1%	-0.05%	-0.03%	0.03%	0.06%	0.07%	0.08%
Operating Income Growth %	1.24%	-1.48%	3.37%	-0.15%	-1.55%	0.52%	2.39%	0.54%	0.29%	0.07%
EBITDA+	9.82M	-3.63M	10.81M	9.35M	-3.61M	-1.25M	4.21M	5.58M	6.78M	7.16M
EBITDA Margin %	0.1%	-0.04%	0.13%	0.11%	-0.04%	-0.01%	0.04%	0.07%	0.08%	0.09%
EBITDA Growth %	1.27%	-1.37%	3.98%	-0.14%	-1.39%	0.65%	4.36%	0.33%	0.21%	0.06%
D&A (Non-Cash Add-back)	854.06K	661.92K	616.29K	710.2K	1.12M	1.03M	1.03M	688.1K	470.95K	430.01K
EBIT	8.93M	-4.32M	10.18M	-5.54M	-4.64M	-2.29M	7.98M	4.89M	6.31M	6.73M
Net Interest Income+	-918.13K	-1.36M	-1.7M	-1.99M	-2.1M	-1.42M	-1.14M	-2.27M	-2.46M	-2.29M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	918.13K	1.36M	1.7M	1.99M	2.1M	1.42M	1.14M	2.27M	2.46M	2.29M
Other Income/Expense	-958.56K	-1.38M	-1.72M	-1.96M	-2.02M	-1.42M	3.65M	-2.27M	-2.46M	-2.29M
Pretax Income+	8.01M	-5.67M	8.48M	6.67M	-6.75M	-3.71M	6.83M	2.62M	3.85M	4.44M
Pretax Margin %	0.08%	-0.07%	0.1%	0.08%	-0.08%	-0.04%	0.07%	0.03%	0.04%	0.05%
Income Tax+	2.99M	-2.07M	2.71M	4.46M	3.88K	-53.41K	14.61K	-6.55M	-13.35M	1.14M
Effective Tax Rate %	0.63%	0.64%	0.68%	0.33%	1%	0.99%	1%	3.5%	4.47%	0.74%
Net Income+	5.02M	-3.61M	5.77M	2.21M	-6.75M	-3.65M	6.82M	9.18M	17.2M	3.3M
Net Margin %	0.05%	-0.04%	0.07%	0.03%	-0.08%	-0.04%	0.07%	0.11%	0.2%	0.04%
Net Income Growth %	1.2%	-1.72%	2.6%	-0.62%	-4.05%	0.46%	2.87%	0.35%	0.87%	-0.81%
Net Income (Continuing)	5.02M	-3.61M	5.77M	-7.55M	-6.75M	-3.65M	6.82M	9.18M	17.2M	3.3M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.58	-0.42	0.65	0.23	-0.38	-0.31	0.56	0.74	1.38	0.26
EPS Growth %	1.19%	-1.72%	2.55%	-0.65%	-2.65%	0.18%	2.81%	0.32%	0.86%	-0.81%
EPS (Basic)	0.59	-0.42	0.65	0.23	-0.38	-0.31	0.56	0.74	1.40	0.26
Diluted Shares Outstanding	8.58M	8.66M	8.84M	9.48M	11.81M	11.88M	12.19M	12.39M	12.47M	12.72M
Basic Shares Outstanding	8.55M	8.59M	8.83M	9.43M	11.81M	11.88M	12.19M	12.39M	12.31M	12.59M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

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+	112.36M	111.29M	120.38M	140.2M	34.83M	37.69M	43.28M	43.2M	46.91M	43.59M
Cash & Short-Term Investments	1M	1.04M	1.43M	4.13M	4.05M	6.03M	6.31M	3.85M	5.09M	5.49M
Cash Only	1M	1.04M	1.43M	4.13M	4.05M	6.03M	6.31M	3.85M	5.09M	5.49M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	110.29M	108.09M	116.54M	26.75M	22.79M	24.73M	32.32M	35.88M	39.66M	36.55M
Days Sales Outstanding	401.74	485.11	523.31	116.32	95.03	103.07	114.11	157.16	167.43	164.53
Inventory	0	0	1.69M	9.71M	5.89M	6.39M	4.03M	2.49M	1.44M	918.29K
Days Inventory Outstanding	-	-	9.82	53.9	26.65	29.95	16.64	13.58	7.56	5.25
Other Current Assets	0	0	0	2.43M	1.38M	0	0	975.83K	0	634.53K
Total Non-Current Assets+	4.36M	6.5M	3.8M	3.51M	9.51M	8.82M	11.73M	16.25M	27.45M	24.39M
Property, Plant & Equipment	2.36M	2.3M	2.05M	2.55M	7.17M	6.6M	9.44M	7.65M	5.53M	3.62M
Fixed Asset Turnover	42.48x	35.38x	39.71x	32.98x	12.21x	13.28x	10.95x	10.89x	15.62x	22.37x
Goodwill	0	0	0	0	1.78M	1.78M	1.78M	1.78M	1.78M	1.78M
Intangible Assets	0	0	0	0	375K	250K	125K	0	0	0
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	108.08K	252.48K	188.3K	684.58K	179.07K	191.18K	372.74K	238.74K	189.77K	143.62K
Total Assets+	116.71M	117.79M	124.18M	143.71M	44.34M	46.51M	55.01M	59.45M	74.36M	67.98M
Asset Turnover	0.86x	0.69x	0.65x	0.58x	1.97x	1.88x	1.88x	1.40x	1.16x	1.19x
Asset Growth %	0.12%	0.01%	0.05%	0.16%	-0.69%	0.05%	0.18%	0.08%	0.25%	-0.09%
Total Current Liabilities+	45.06M	40.69M	42.24M	41.85M	20.98M	30.01M	31.1M	30.3M	31.51M	26.47M
Accounts Payable	18.38M	14.03M	15.13M	9.9M	8.2M	12.09M	10.43M	8.03M	10.49M	11.1M
Days Payables Outstanding	80.24	66.48	88.16	54.96	37.09	56.72	43.08	43.72	55.15	63.45
Short-Term Debt	24.71M	23.78M	24.85M	26.47M	2.48M	6.5M	3.37M	2.92M	2.4M	2.75M
Deferred Revenue (Current)	175.44K	115.34K	74.66K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	549.72K	1.2M	0	-15.34M	2.65M	2.01M	4.5M	4.18M	337.35K	22.83K
Current Ratio	2.49x	2.73x	2.85x	3.35x	1.66x	1.26x	1.39x	1.43x	1.49x	1.65x
Quick Ratio	2.49x	2.73x	2.81x	3.12x	1.38x	1.04x	1.26x	1.34x	1.44x	1.61x
Cash Conversion Cycle	-	-	444.97	115.26	84.59	76.31	87.68	127.01	119.84	106.34
Total Non-Current Liabilities+	1.12M	9.49M	7.63M	8.44M	31.1M	29.48M	29.24M	24.95M	20.77M	15.58M
Long-Term Debt	304.45K	8.28M	7.02M	3.88M	28.5M	26.94M	22.79M	19.87M	17.64M	14.64M
Capital Lease Obligations	0	584.12K	0	0	2.6M	2.54M	6.45M	5.15M	3.13M	938.42K
Deferred Tax Liabilities	0	3.41M	0	4.03M	0	0	0	0	0	0
Other Non-Current Liabilities	813.17K	632.75K	607.06K	531.12K	0	0	0	0	0	0
Total Liabilities	46.18M	50.19M	49.87M	50.29M	52.08M	59.49M	60.34M	55.25M	52.28M	42.05M
Total Debt+	25.2M	32.82M	31.87M	30.35M	35.29M	37.8M	34.18M	29.69M	25.21M	20.52M
Net Debt	24.19M	31.78M	30.44M	26.22M	31.24M	31.77M	27.87M	25.84M	20.12M	15.03M
Debt / Equity	0.36x	0.49x	0.43x	0.32x	-	-	-	7.07x	1.14x	0.79x
Debt / EBITDA	2.57x	-	2.95x	3.25x	-	-	8.12x	5.32x	3.72x	2.86x
Net Debt / EBITDA	2.46x	-	2.81x	2.81x	-	-	6.62x	4.63x	2.97x	2.10x
Interest Coverage	9.77x	-3.17x	6.00x	4.34x	-2.25x	-1.61x	2.79x	2.15x	2.57x	2.94x
Total Equity+	70.53M	67.61M	74.31M	93.42M	-7.74M	-12.98M	-5.34M	4.2M	22.08M	25.93M
Equity Growth %	0.09%	-0.04%	0.1%	0.26%	-1.08%	-0.68%	0.59%	1.79%	4.26%	0.17%
Book Value per Share	8.22	7.81	8.41	9.85	-0.66	-1.09	-0.44	0.34	1.77	2.04
Total Shareholders' Equity	70.53M	67.61M	74.31M	93.42M	-7.74M	-12.98M	-5.34M	4.2M	22.08M	25.93M
Common Stock	8.58K	8.74K	8.86K	11.71K	11.82K	11.95K	12.34K	12.51K	12.77K	12.98K
Retained Earnings	18.39M	14.78M	20.55M	22.76M	-79.05M	-85M	-78.18M	-69M	-51.8M	-48.5M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-3.45K	-9K	-14.8K	0	0	0	0	0	0	0
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+	2.06M	-6.6M	1.57M	-2.54M	-377.98K	-1.6M	2.8M	944.33K	3.93M	3.56M
Operating CF Margin %	0.02%	-0.08%	0.02%	-0.03%	-0%	-0.02%	0.03%	0.01%	0.05%	0.04%
Operating CF Growth %	1.61%	-4.21%	1.24%	-2.61%	0.85%	-3.24%	2.75%	-0.66%	3.16%	-0.09%
Net Income	5.02M	-3.61M	5.77M	2.21M	-6.75M	-1.32M	6.82M	9.18M	17.2M	3.3M
Depreciation & Amortization	854.06K	661.92K	616.29K	710.2K	1.12M	1.03M	1.03M	688.1K	470.95K	430.01K
Stock-Based Compensation	583.7K	687.72K	945.79K	717.53K	762.89K	711.34K	828.29K	355.88K	770.63K	604.68K
Deferred Taxes	2.63M	-2.08M	2.38M	5.34M	0	-23.39K	0	-6.57M	-13.36M	1.1M
Other Non-Cash Items	96.02K	530.07K	225.9K	170.78K	17.56K	-42.31K	-4.67M	345.1K	103.3K	190.72K
Working Capital Changes	-7.12M	-2.79M	-8.37M	-11.68M	4.47M	-1.96M	-1.21M	-3.05M	-1.25M	-2.07M
Change in Receivables	-1.25M	-1.31M	2.98M	-1.8M	4.51M	2.09M	-7.71M	37.84K	-3.82M	2.97M
Change in Inventory	-15.3M	2.6M	-12.94M	-3.09M	1.21M	-3.68M	2.36M	1.54M	1.06M	518.36K
Change in Payables	9.45M	-4.02M	1.63M	-7.7M	-678.38K	7.21M	-1.5M	-1.16M	5.11M	-1.73M
Cash from Investing+	-209.72K	-136.32K	-239.44K	-6.61M	-436.01K	-146.79K	-29.19K	-40.79K	-140.45K	-403.85K
Capital Expenditures	-209.72K	-136.32K	-281.92K	-559.04K	-436.01K	-146.79K	-29.19K	-40.79K	-140.45K	-403.85K
CapEx % of Revenue	0%	0%	0%	0.01%	0%	0%	0%	0%	0%	0%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	42.48K	0	0	0	0	0	0	0
Cash from Financing+	-2.35M	6.77M	-941.76K	13.84M	118.64K	2.35M	-2.49M	-3.37M	-2.54M	-2.76M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	113K	-253.85K	0	-157.21K	-144.57K	-107.54K	0	0	139.44K	-64.41K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	1.85M	-6.74M	1.29M	-3.09M	-813.99K	-1.75M	2.77M	903.54K	3.79M	3.16M
FCF Margin %	0.02%	-0.08%	0.02%	-0.04%	-0.01%	-0.02%	0.03%	0.01%	0.04%	0.04%
FCF Growth %	1.47%	-4.65%	1.19%	-3.4%	0.74%	-1.15%	2.58%	-0.67%	3.19%	-0.17%
FCF per Share	0.22	-0.78	0.15	-0.33	-0.07	-0.15	0.23	0.07	0.30	0.25
FCF Conversion (FCF/Net Income)	0.41x	1.83x	0.27x	-1.15x	0.06x	0.44x	0.41x	0.10x	0.23x	1.08x
Interest Paid	1M	1.18M	1.58M	2.13M	2.07M	0	1.14M	1.79M	2.45M	2.36M
Taxes Paid	351.27K	302.02K	144.72K	10.95K	0	0	10.39K	25.29K	4.36K	5.48K

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	7.41%	-5.22%	8.13%	2.64%	-15.76%	-	-	218.64%	130.91%	13.74%
Return on Invested Capital (ROIC)	7.25%	-3.32%	7.49%	5.77%	-4.96%	-8.11%	11.55%	13.96%	13.1%	12.14%
Gross Margin	16.57%	5.31%	22.94%	21.64%	7.81%	11.14%	14.52%	19.56%	19.74%	21.26%
Net Margin	5.01%	-4.44%	7.1%	2.63%	-7.71%	-4.17%	6.6%	11.01%	19.89%	4.07%
Debt / Equity	0.36x	0.49x	0.43x	0.32x	-	-	-	7.07x	1.14x	0.79x
Interest Coverage	9.77x	-3.17x	6.00x	4.34x	-2.25x	-1.61x	2.79x	2.15x	2.57x	2.94x
FCF Conversion	0.41x	1.83x	0.27x	-1.15x	0.06x	0.44x	0.41x	0.10x	0.23x	1.08x
Revenue Growth	152.48%	-18.83%	-0.06%	3.26%	4.28%	0.08%	18.02%	-19.38%	3.76%	-6.23%

Revenue by Segment

	2018	2019	2020
Kitting and Supply Chain Management	-	18.97M	38.55M
Kitting and Supply Chain Management Growth	-	-	103.18%
Aerostructures	-	-	34.25M
Aerostructures Growth	-	-	-
Aerosystems	-	26.62M	14.79M
Aerosystems Growth	-	-	-44.46%
Aerostructure	-	41.92M	-
Aerostructure Growth	-	-	-
Government Subcontracts	43.44M	-	-
Government Subcontracts Growth	-	-	-
Commercial Contracts	31.27M	-	-
Commercial Contracts Growth	-	-	-
Prime Government Contracts	9.22M	-	-
Prime Government Contracts Growth	-	-	-

Frequently Asked Questions

Valuation & Price

CPI Aerostructures, Inc. (CVU) has a price-to-earnings (P/E) ratio of 16.1x. This is roughly in line with market averages.

Growth & Financials

CPI Aerostructures, Inc. (CVU) reported $71.6M in revenue for fiscal year 2024. This represents a 3% decrease from $74.1M in 2011.

CPI Aerostructures, Inc. (CVU) saw revenue decline by 6.2% over the past year.

CPI Aerostructures, Inc. (CVU) reported a net loss of $0.6M for fiscal year 2024.

Dividend & Returns

CPI Aerostructures, Inc. (CVU) has a return on equity (ROE) of 13.7%. This is reasonable for most industries.

CPI Aerostructures, Inc. (CVU) generated $1.2M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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CPI Aerostructures, Inc. (CVU) 10-Year Financial Performance & Capital Metrics

CVU • • Industrial / General

IndustrialsAerospace & DefenseAerospace Components & SubsystemsStructural Components & Composites

Revenue $81M -6.2%
EBITDA $7M +5.7%
Net Income $3M -80.8%
EPS (Diluted) 0.26 -81.2%
Gross Margin 21.26% +7.7%
EBITDA Margin 8.83% +12.7%
Operating Margin 8.3% +13.8%
Net Margin 4.07% -79.5%
ROE 13.74% -89.5%
ROIC 12.14% -7.3%
Debt/Equity 0.79 -30.7%
Interest Coverage 2.94 +14.5%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 121.1%
✓Strong Piotroski F-Score: 7/9
✓Momentum leader: RS Rating 89 (top 11%)
✓Efficient asset utilization: 1.2x turnover

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y7.41%

5Y-1.52%

3Y-7.78%

TTM-13.52%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-21.5%

TTM-103.3%

EPS CAGR

10Y-

5Y-

3Y-22.57%

TTM-102.62%

ROCE

10Y Avg7.8%

5Y Avg11.24%

3Y Avg17.31%

Latest15.96%

Peer Comparison

Structural Components & Composites

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
LOARLoar Holdings Inc.	6.84B	73.09	304.54	26.88%	13.33%	5.46%	0.67%	0.26
PKEPark Aerospace Corp.	501.33M	25.16	86.76	10.75%	13.14%	8.14%	0.76%	0.00
BWXTBWX Technologies, Inc.	19.5B	213.25	69.46	8.31%	10.04%	24.74%	1.31%	0.98
DCODucommun Incorporated	1.7B	113.92	54.25	3.9%	-4.29%	-5.33%	1.18%	0.40
GEGE Aerospace	337.48B	319.94	53.41	9.49%	18.33%	42.38%	1.09%	1.04
HXLHexcel Corporation	6.71B	84.26	52.99	6.37%	3.67%	4.39%	3.02%	0.48
CVUCPI Aerostructures, Inc.	55.11M	4.18	16.08	-6.23%	-0.79%	-2.26%	5.72%	0.79
SPRSpirit AeroSystems Holdings, Inc.	4.64B	39.50	-2.16	4.44%	-40.65%

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	100.2M	81.33M	81.28M	83.93M	87.52M	87.58M	103.37M	83.34M	86.47M	81.08M
Revenue Growth %	1.52%	-0.19%	-0%	0.03%	0.04%	0%	0.18%	-0.19%	0.04%	-0.06%
Cost of Goods Sold+	83.6M	77.01M	62.64M	65.77M	80.69M	77.82M	88.36M	67.03M	69.4M	63.84M
COGS % of Revenue	0.83%	0.95%	0.77%	0.78%	0.92%	0.89%	0.85%	0.8%	0.8%	0.79%
Gross Profit+	16.6M	4.32M	18.65M	18.16M	6.83M	9.76M	15.01M	16.3M	17.07M	17.24M
Gross Margin %	0.17%	0.05%	0.23%	0.22%	0.08%	0.11%	0.15%	0.2%	0.2%	0.21%
Gross Profit Growth %	1.56%	-0.74%	3.32%	-0.03%	-0.62%	0.43%	0.54%	0.09%	0.05%	0.01%
Operating Expenses+	7.64M	8.61M	8.45M	9.53M	11.56M	12.05M	11.82M	11.41M	10.76M	10.51M
OpEx % of Revenue	0.08%	0.11%	0.1%	0.11%	0.13%	0.14%	0.11%	0.14%	0.12%	0.13%
Selling, General & Admin	7.64M	8.61M	8.45M	9.53M	11.56M	12.05M	11.82M	11.41M	10.76M	10.51M
SG&A % of Revenue	0.08%	0.11%	0.1%	0.11%	0.13%	0.14%	0.11%	0.14%	0.12%	0.13%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	-19.77K	28.71K	0	0	0	0	0	0
Operating Income+	8.97M	-4.3M	10.2M	8.64M	-4.73M	-2.29M	3.18M	4.89M	6.31M	6.73M
Operating Margin %	0.09%	-0.05%	0.13%	0.1%	-0.05%	-0.03%	0.03%	0.06%	0.07%	0.08%
Operating Income Growth %	1.24%	-1.48%	3.37%	-0.15%	-1.55%	0.52%	2.39%	0.54%	0.29%	0.07%
EBITDA+	9.82M	-3.63M	10.81M	9.35M	-3.61M	-1.25M	4.21M	5.58M	6.78M	7.16M
EBITDA Margin %	0.1%	-0.04%	0.13%	0.11%	-0.04%	-0.01%	0.04%	0.07%	0.08%	0.09%
EBITDA Growth %	1.27%	-1.37%	3.98%	-0.14%	-1.39%	0.65%	4.36%	0.33%	0.21%	0.06%
D&A (Non-Cash Add-back)	854.06K	661.92K	616.29K	710.2K	1.12M	1.03M	1.03M	688.1K	470.95K	430.01K
EBIT	8.93M	-4.32M	10.18M	-5.54M	-4.64M	-2.29M	7.98M	4.89M	6.31M	6.73M
Net Interest Income+	-918.13K	-1.36M	-1.7M	-1.99M	-2.1M	-1.42M	-1.14M	-2.27M	-2.46M	-2.29M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	918.13K	1.36M	1.7M	1.99M	2.1M	1.42M	1.14M	2.27M	2.46M	2.29M
Other Income/Expense	-958.56K	-1.38M	-1.72M	-1.96M	-2.02M	-1.42M	3.65M	-2.27M	-2.46M	-2.29M
Pretax Income+	8.01M	-5.67M	8.48M	6.67M	-6.75M	-3.71M	6.83M	2.62M	3.85M	4.44M
Pretax Margin %	0.08%	-0.07%	0.1%	0.08%	-0.08%	-0.04%	0.07%	0.03%	0.04%	0.05%
Income Tax+	2.99M	-2.07M	2.71M	4.46M	3.88K	-53.41K	14.61K	-6.55M	-13.35M	1.14M
Effective Tax Rate %	0.63%	0.64%	0.68%	0.33%	1%	0.99%	1%	3.5%	4.47%	0.74%
Net Income+	5.02M	-3.61M	5.77M	2.21M	-6.75M	-3.65M	6.82M	9.18M	17.2M	3.3M
Net Margin %	0.05%	-0.04%	0.07%	0.03%	-0.08%	-0.04%	0.07%	0.11%	0.2%	0.04%
Net Income Growth %	1.2%	-1.72%	2.6%	-0.62%	-4.05%	0.46%	2.87%	0.35%	0.87%	-0.81%
Net Income (Continuing)	5.02M	-3.61M	5.77M	-7.55M	-6.75M	-3.65M	6.82M	9.18M	17.2M	3.3M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.58	-0.42	0.65	0.23	-0.38	-0.31	0.56	0.74	1.38	0.26
EPS Growth %	1.19%	-1.72%	2.55%	-0.65%	-2.65%	0.18%	2.81%	0.32%	0.86%	-0.81%
EPS (Basic)	0.59	-0.42	0.65	0.23	-0.38	-0.31	0.56	0.74	1.40	0.26
Diluted Shares Outstanding	8.58M	8.66M	8.84M	9.48M	11.81M	11.88M	12.19M	12.39M	12.47M	12.72M
Basic Shares Outstanding	8.55M	8.59M	8.83M	9.43M	11.81M	11.88M	12.19M	12.39M	12.31M	12.59M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

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+	112.36M	111.29M	120.38M	140.2M	34.83M	37.69M	43.28M	43.2M	46.91M	43.59M
Cash & Short-Term Investments	1M	1.04M	1.43M	4.13M	4.05M	6.03M	6.31M	3.85M	5.09M	5.49M
Cash Only	1M	1.04M	1.43M	4.13M	4.05M	6.03M	6.31M	3.85M	5.09M	5.49M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	110.29M	108.09M	116.54M	26.75M	22.79M	24.73M	32.32M	35.88M	39.66M	36.55M
Days Sales Outstanding	401.74	485.11	523.31	116.32	95.03	103.07	114.11	157.16	167.43	164.53
Inventory	0	0	1.69M	9.71M	5.89M	6.39M	4.03M	2.49M	1.44M	918.29K
Days Inventory Outstanding	-	-	9.82	53.9	26.65	29.95	16.64	13.58	7.56	5.25
Other Current Assets	0	0	0	2.43M	1.38M	0	0	975.83K	0	634.53K
Total Non-Current Assets+	4.36M	6.5M	3.8M	3.51M	9.51M	8.82M	11.73M	16.25M	27.45M	24.39M
Property, Plant & Equipment	2.36M	2.3M	2.05M	2.55M	7.17M	6.6M	9.44M	7.65M	5.53M	3.62M
Fixed Asset Turnover	42.48x	35.38x	39.71x	32.98x	12.21x	13.28x	10.95x	10.89x	15.62x	22.37x
Goodwill	0	0	0	0	1.78M	1.78M	1.78M	1.78M	1.78M	1.78M
Intangible Assets	0	0	0	0	375K	250K	125K	0	0	0
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	108.08K	252.48K	188.3K	684.58K	179.07K	191.18K	372.74K	238.74K	189.77K	143.62K
Total Assets+	116.71M	117.79M	124.18M	143.71M	44.34M	46.51M	55.01M	59.45M	74.36M	67.98M
Asset Turnover	0.86x	0.69x	0.65x	0.58x	1.97x	1.88x	1.88x	1.40x	1.16x	1.19x
Asset Growth %	0.12%	0.01%	0.05%	0.16%	-0.69%	0.05%	0.18%	0.08%	0.25%	-0.09%
Total Current Liabilities+	45.06M	40.69M	42.24M	41.85M	20.98M	30.01M	31.1M	30.3M	31.51M	26.47M
Accounts Payable	18.38M	14.03M	15.13M	9.9M	8.2M	12.09M	10.43M	8.03M	10.49M	11.1M
Days Payables Outstanding	80.24	66.48	88.16	54.96	37.09	56.72	43.08	43.72	55.15	63.45
Short-Term Debt	24.71M	23.78M	24.85M	26.47M	2.48M	6.5M	3.37M	2.92M	2.4M	2.75M
Deferred Revenue (Current)	175.44K	115.34K	74.66K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	549.72K	1.2M	0	-15.34M	2.65M	2.01M	4.5M	4.18M	337.35K	22.83K
Current Ratio	2.49x	2.73x	2.85x	3.35x	1.66x	1.26x	1.39x	1.43x	1.49x	1.65x
Quick Ratio	2.49x	2.73x	2.81x	3.12x	1.38x	1.04x	1.26x	1.34x	1.44x	1.61x
Cash Conversion Cycle	-	-	444.97	115.26	84.59	76.31	87.68	127.01	119.84	106.34
Total Non-Current Liabilities+	1.12M	9.49M	7.63M	8.44M	31.1M	29.48M	29.24M	24.95M	20.77M	15.58M
Long-Term Debt	304.45K	8.28M	7.02M	3.88M	28.5M	26.94M	22.79M	19.87M	17.64M	14.64M
Capital Lease Obligations	0	584.12K	0	0	2.6M	2.54M	6.45M	5.15M	3.13M	938.42K
Deferred Tax Liabilities	0	3.41M	0	4.03M	0	0	0	0	0	0
Other Non-Current Liabilities	813.17K	632.75K	607.06K	531.12K	0	0	0	0	0	0
Total Liabilities	46.18M	50.19M	49.87M	50.29M	52.08M	59.49M	60.34M	55.25M	52.28M	42.05M
Total Debt+	25.2M	32.82M	31.87M	30.35M	35.29M	37.8M	34.18M	29.69M	25.21M	20.52M
Net Debt	24.19M	31.78M	30.44M	26.22M	31.24M	31.77M	27.87M	25.84M	20.12M	15.03M
Debt / Equity	0.36x	0.49x	0.43x	0.32x	-	-	-	7.07x	1.14x	0.79x
Debt / EBITDA	2.57x	-	2.95x	3.25x	-	-	8.12x	5.32x	3.72x	2.86x
Net Debt / EBITDA	2.46x	-	2.81x	2.81x	-	-	6.62x	4.63x	2.97x	2.10x
Interest Coverage	9.77x	-3.17x	6.00x	4.34x	-2.25x	-1.61x	2.79x	2.15x	2.57x	2.94x
Total Equity+	70.53M	67.61M	74.31M	93.42M	-7.74M	-12.98M	-5.34M	4.2M	22.08M	25.93M
Equity Growth %	0.09%	-0.04%	0.1%	0.26%	-1.08%	-0.68%	0.59%	1.79%	4.26%	0.17%
Book Value per Share	8.22	7.81	8.41	9.85	-0.66	-1.09	-0.44	0.34	1.77	2.04
Total Shareholders' Equity	70.53M	67.61M	74.31M	93.42M	-7.74M	-12.98M	-5.34M	4.2M	22.08M	25.93M
Common Stock	8.58K	8.74K	8.86K	11.71K	11.82K	11.95K	12.34K	12.51K	12.77K	12.98K
Retained Earnings	18.39M	14.78M	20.55M	22.76M	-79.05M	-85M	-78.18M	-69M	-51.8M	-48.5M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-3.45K	-9K	-14.8K	0	0	0	0	0	0	0
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+	2.06M	-6.6M	1.57M	-2.54M	-377.98K	-1.6M	2.8M	944.33K	3.93M	3.56M
Operating CF Margin %	0.02%	-0.08%	0.02%	-0.03%	-0%	-0.02%	0.03%	0.01%	0.05%	0.04%
Operating CF Growth %	1.61%	-4.21%	1.24%	-2.61%	0.85%	-3.24%	2.75%	-0.66%	3.16%	-0.09%
Net Income	5.02M	-3.61M	5.77M	2.21M	-6.75M	-1.32M	6.82M	9.18M	17.2M	3.3M
Depreciation & Amortization	854.06K	661.92K	616.29K	710.2K	1.12M	1.03M	1.03M	688.1K	470.95K	430.01K
Stock-Based Compensation	583.7K	687.72K	945.79K	717.53K	762.89K	711.34K	828.29K	355.88K	770.63K	604.68K
Deferred Taxes	2.63M	-2.08M	2.38M	5.34M	0	-23.39K	0	-6.57M	-13.36M	1.1M
Other Non-Cash Items	96.02K	530.07K	225.9K	170.78K	17.56K	-42.31K	-4.67M	345.1K	103.3K	190.72K
Working Capital Changes	-7.12M	-2.79M	-8.37M	-11.68M	4.47M	-1.96M	-1.21M	-3.05M	-1.25M	-2.07M
Change in Receivables	-1.25M	-1.31M	2.98M	-1.8M	4.51M	2.09M	-7.71M	37.84K	-3.82M	2.97M
Change in Inventory	-15.3M	2.6M	-12.94M	-3.09M	1.21M	-3.68M	2.36M	1.54M	1.06M	518.36K
Change in Payables	9.45M	-4.02M	1.63M	-7.7M	-678.38K	7.21M	-1.5M	-1.16M	5.11M	-1.73M
Cash from Investing+	-209.72K	-136.32K	-239.44K	-6.61M	-436.01K	-146.79K	-29.19K	-40.79K	-140.45K	-403.85K
Capital Expenditures	-209.72K	-136.32K	-281.92K	-559.04K	-436.01K	-146.79K	-29.19K	-40.79K	-140.45K	-403.85K
CapEx % of Revenue	0%	0%	0%	0.01%	0%	0%	0%	0%	0%	0%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	42.48K	0	0	0	0	0	0	0
Cash from Financing+	-2.35M	6.77M	-941.76K	13.84M	118.64K	2.35M	-2.49M	-3.37M	-2.54M	-2.76M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	113K	-253.85K	0	-157.21K	-144.57K	-107.54K	0	0	139.44K	-64.41K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	1.85M	-6.74M	1.29M	-3.09M	-813.99K	-1.75M	2.77M	903.54K	3.79M	3.16M
FCF Margin %	0.02%	-0.08%	0.02%	-0.04%	-0.01%	-0.02%	0.03%	0.01%	0.04%	0.04%
FCF Growth %	1.47%	-4.65%	1.19%	-3.4%	0.74%	-1.15%	2.58%	-0.67%	3.19%	-0.17%
FCF per Share	0.22	-0.78	0.15	-0.33	-0.07	-0.15	0.23	0.07	0.30	0.25
FCF Conversion (FCF/Net Income)	0.41x	1.83x	0.27x	-1.15x	0.06x	0.44x	0.41x	0.10x	0.23x	1.08x
Interest Paid	1M	1.18M	1.58M	2.13M	2.07M	0	1.14M	1.79M	2.45M	2.36M
Taxes Paid	351.27K	302.02K	144.72K	10.95K	0	0	10.39K	25.29K	4.36K	5.48K

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	7.41%	-5.22%	8.13%	2.64%	-15.76%	-	-	218.64%	130.91%	13.74%
Return on Invested Capital (ROIC)	7.25%	-3.32%	7.49%	5.77%	-4.96%	-8.11%	11.55%	13.96%	13.1%	12.14%
Gross Margin	16.57%	5.31%	22.94%	21.64%	7.81%	11.14%	14.52%	19.56%	19.74%	21.26%
Net Margin	5.01%	-4.44%	7.1%	2.63%	-7.71%	-4.17%	6.6%	11.01%	19.89%	4.07%
Debt / Equity	0.36x	0.49x	0.43x	0.32x	-	-	-	7.07x	1.14x	0.79x
Interest Coverage	9.77x	-3.17x	6.00x	4.34x	-2.25x	-1.61x	2.79x	2.15x	2.57x	2.94x
FCF Conversion	0.41x	1.83x	0.27x	-1.15x	0.06x	0.44x	0.41x	0.10x	0.23x	1.08x
Revenue Growth	152.48%	-18.83%	-0.06%	3.26%	4.28%	0.08%	18.02%	-19.38%	3.76%	-6.23%

Revenue by Segment

	2018	2019	2020
Kitting and Supply Chain Management	-	18.97M	38.55M
Kitting and Supply Chain Management Growth	-	-	103.18%
Aerostructures	-	-	34.25M
Aerostructures Growth	-	-	-
Aerosystems	-	26.62M	14.79M
Aerosystems Growth	-	-	-44.46%
Aerostructure	-	41.92M	-
Aerostructure Growth	-	-	-
Government Subcontracts	43.44M	-	-
Government Subcontracts Growth	-	-	-
Commercial Contracts	31.27M	-	-
Commercial Contracts Growth	-	-	-
Prime Government Contracts	9.22M	-	-
Prime Government Contracts Growth	-	-	-

Frequently Asked Questions

Valuation & Price

CPI Aerostructures, Inc. (CVU) has a price-to-earnings (P/E) ratio of 16.1x. This is roughly in line with market averages.

Growth & Financials

CPI Aerostructures, Inc. (CVU) reported $71.6M in revenue for fiscal year 2024. This represents a 3% decrease from $74.1M in 2011.

CPI Aerostructures, Inc. (CVU) saw revenue decline by 6.2% over the past year.

CPI Aerostructures, Inc. (CVU) reported a net loss of $0.6M for fiscal year 2024.

Dividend & Returns

CPI Aerostructures, Inc. (CVU) has a return on equity (ROE) of 13.7%. This is reasonable for most industries.

CPI Aerostructures, Inc. (CVU) generated $1.2M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.