CVSACovista Inc.

$137.84

Is the business good?

How good a business is CVSA?

Covista Inc. earns 17% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.

17%

Return on invested capital · cost of capital 9.0% · 7.8 points above what the capital costs: growth creates value

Operating margin
19%

Operating margin · Education & Training Services median 13% · 12 months to Q3 2026

Cash conversion
1.44×

Cash conversion · 1.25× a year ago · every dollar of reported profit arrived as cash, and more

Share count, year on year
−9.0%

Share count, year on year · bought back, each share owns more of the company

Operating margin by fiscal year
YearOperating margin
FY202013%
FY202112%
FY20225.5%
FY202312%
FY202414%
FY202519%
Details
Gross margin12 months to Q3 2026
57%
Operating margin12 months to Q3 2026
19%
Net margin12 months to Q3 2026
12%
Free cash flow margin
18%
Revenue, trailing twelve months
$1.91B
Free cash flow, trailing twelve months
$336M
Net income, trailing twelve months
$234M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
17%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.