Cadre Holdings (CDRE) Gross Margin (2020 - 2025)
Cadre Holdings (CDRE) recorded Gross Margin of 42.74% in Q3 2025, up 6.17 percentage points from 36.58% a year earlier and up 1.85 percentage points from the prior quarter.
Cadre Holdings (CDRE) Gross Margin (2020 - 2025) Analysis & Trends
On a TTM basis, Cadre Holdings' Gross Margin came in at 42.68% as of Sep 30, 2025, up 2.76 percentage points year-over-year; for FY2024, it was 41.14%, down 0.46 percentage points from FY2023.
- Annual Gross Margin has a four-year change of +3.34 percentage points (FY2020 to FY2024).
- Across earlier years, Gross Margin came in at 41.60% in FY2023 (+3.23 pp), 38.37% in FY2022 (-1.58 pp), 39.95% in FY2021 (+2.15 pp) and 37.80% in FY2020.
- Quarterly Gross Margin has ranged from 36.56% in Q2 2022 to 43.86% in Q4 2024 over the past five years.
- On a year-over-year basis, Gross Margin has increased for four consecutive quarters, with an average year-over-year change of +0.62 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 6.17 percentage points in Q3 2025, against a drop of 6.27 percentage points in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 40.89% (Q2 2025), 43.14% (Q1 2025) and 43.86% (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | 35.03% |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | 20.77% |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | 37.34% |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | 15.49% |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 53.56% |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | 19.50% |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 37.59% |
| 10 | Cadre Holdings | 1.06 Bn | 934.91 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 42.74% |
| Jun 30, 2025 | 40.89% |
| Mar 31, 2025 | 43.14% |
| Dec 31, 2024 | 43.86% |
| Sep 30, 2024 | 36.58% |
| Jun 30, 2024 | 40.64% |
| Mar 31, 2024 | 41.80% |
| Dec 31, 2023 | 39.94% |
| Sep 30, 2023 | 42.84% |
| Jun 30, 2023 | 41.91% |
| Mar 31, 2023 | 41.72% |
| Dec 31, 2022 | 39.25% |
| Sep 30, 2022 | 39.21% |
| Jun 30, 2022 | 36.56% |
| Mar 31, 2022 | 38.49% |
| Dec 31, 2021 | 37.86% |
| Sep 30, 2021 | 39.84% |
| Jun 30, 2021 | 42.10% |
| Mar 31, 2021 | 39.77% |
| Dec 31, 2020 | 36.97% |
Cadre Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CDRE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CDRE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CDRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();