Valuation, from the filing
| Public float | $14.20M | Market value of stock held by non-affiliates, as stated on the cover page for 2025-06-30 |
|---|---|---|
| Float per share | $5.80 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 1.0× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 0.1× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 0.1× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.
Valuation over time
1.0× earnings today, against a median of 1.8× across 5 years on record. Below its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-06-30 | $14.20M | 1.0× | |
| 2021-06-30 | $21.50M | 1.8× | |
| 2020-06-30 | $7.60M | 0.5× | |
| 2017-06-30 | $10.70M | 5.2× | |
| 2016-06-30 | $7.40M | 3.3× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
How this compares in its industry
Percentile among the Security Brokers, Dealers & Flotation Companies filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| Effective tax rate | -1.6% | 0th | |
| Revenue YoY growth | 246.2% | 95th | |
| SBC / revenue | 7.3% | 94th | |
| CapEx / revenue | 0.5% | 15th | |
| FCF margin | 9.5% | 17th | |
| Net margin | 5.2% | 17th | |
| Long-term debt / equity | 0.32x | 56th | |
| Operating margin | 21.6% | 56th |
Cohen & Co Inc. (COHN) reported revenue of $314.34M and net income of $17.76M for the fiscal year ended 2026-06-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from Cohen & Co Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Security Brokers, Dealers & Flotation Companies.
Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.
Income
| Metric | 2026-06-30 |
|---|---|
| Revenue | $314.34M |
| Cost of revenue | Unavailable |
| Gross profit | Unavailable |
| Operating income | $69.35M |
| Net income | $17.76M |
| Research & development | Unavailable |
| Weighted-average diluted shares | Unavailable |
| Pretax income | $44.36M |
| Income tax expense | -$1.58M |
| Diluted EPS | Unavailable |
| Selling, general & administrative | Unavailable |
| General & administrative | Unavailable |
| Selling & marketing | Unavailable |
Balance
| Metric | 2026-06-30 |
|---|---|
| Cash & equivalents | $40.09M |
| Total assets | $800.38M |
| Current assets | Unavailable |
| Total liabilities | $691.08M |
| Current liabilities | Unavailable |
| Total equity incl. NCI | $109.30M |
| Temporary (mezzanine) equity | Unavailable |
| Inventory | Unavailable |
| Accounts receivable | Unavailable |
| Goodwill | $109.00K |
| Long-term debt | $28.80M |
| Accounts payable | Unavailable |
Cash flow
| Metric | 2026-06-30 |
|---|---|
| Operating cash flow | -$6.91M |
| Capital expenditures | $1.21M |
| Investing cash flow | $44.01M |
| Financing cash flow | -$23.03M |
| Net change in cash | $14.10M |
| Stock-based compensation | $20.95M |
| Common dividends paid | $4.00M |
| Common share repurchases | Unavailable |
| Depreciation & amortization | $800.00K |
Derived
| Metric | 2026-06-30 |
|---|---|
| Free cash flow | -$8.12M |
| Gross margin | Unavailable |
| Operating margin | 22.1% |
| FCF margin | -2.6% |
| SBC / revenue | 6.7% |
| Current ratio | Unavailable |
| Revenue YoY growth | 126.4% |
| Net margin | 5.6% |
| R&D / revenue | Unavailable |
| CapEx / revenue | 0.4% |
| Long-term debt / equity | 0.26x |
| Effective tax rate | -3.6% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open COHN in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.