Commercial Vehicle Group, Inc. (CVGI)

Commercial Vehicle Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	723.36	835.47	782.58	971.58	717.7
Revenue Growth (YoY)	-13.42%	6.76%	-19.45%	35.37%	-20.36%
Cost of Revenue	641.04	713.58	697.56	852.59	643.62
Gross Profit	82.32	121.89	85.03	118.99	74.08
Selling, General & Admin	73.31	81.22	60.63	68.96	67.94
Operating Expenses	73.31	81.22	60.63	68.96	67.94
Operating Income	9.01	40.67	24.4	50.03	6.13
Interest Expense	-9.17	-10.25	-9.16	-11.18	-20.6
Currency Exchange Gain (Loss)	0.28	-0.22	-	-	-
Other Non Operating Income (Expenses)	2.95	0.03	-10.04	0.43	-1.01
EBT Excluding Unusual Items	3.07	30.23	5.2	39.28	-15.48
Merger & Restructuring Charges	-10.8	-1.8	-	-	-
Impairment of Goodwill	-	-	-	-	-27.1
Asset Writedown	-	-	-	-	-1.92
Other Unusual Items	-0.51	-	-0.92	-7.16	-
Pretax Income	-8.24	28.43	4.28	32.13	-44.5
Income Tax Expense	27.49	-15.2	20.9	8.39	-7.45
Earnings From Continuing Operations	-35.73	43.63	-16.63	23.73	-37.05
Earnings From Discontinued Operations	7.87	5.78	-5.35	-	-
Net Income to Company	-27.87	49.41	-21.97	23.73	-37.05
Net Income	-27.87	49.41	-21.97	23.73	-37.05
Net Income to Common	-27.87	49.41	-21.97	23.73	-37.05
Shares Outstanding (Basic)	33	33	32	32	31
Shares Outstanding (Diluted)	33	34	32	33	31
Shares Change (YoY)	-0.48%	3.86%	-1.39%	5.97%	0.39%
EPS (Basic)	-0.83	1.50	-0.68	0.75	-1.20
EPS (Diluted)	-0.83	1.47	-0.68	0.72	-1.20
Free Cash Flow	-51.97	18.58	49.24	-47.49	27.23
Free Cash Flow Per Share	-1.55	0.55	1.52	-1.45	0.88
Gross Margin	11.38%	14.59%	10.87%	12.25%	10.32%
Operating Margin	1.25%	4.87%	3.12%	5.15%	0.85%
Profit Margin	-3.85%	5.91%	-2.81%	2.44%	-5.16%
Free Cash Flow Margin	-7.18%	2.22%	6.29%	-4.89%	3.79%
EBITDA	26.4	58.3	42.58	68.53	24.63
EBITDA Margin	3.65%	6.98%	5.44%	7.05%	3.43%
D&A For EBITDA	17.38	17.63	18.18	18.5	18.49
EBIT	9.01	40.67	24.4	50.03	6.13
EBIT Margin	1.25%	4.87%	3.12%	5.15%	0.85%
Effective Tax Rate	-	-	488.64%	26.13%	-

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q