Caesarstone Ltd. (CSTE) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q3 25	-$0.29	-$0.4	-37.9%	—	$102.1M	—
Q2 25	-$0.18	-$0.33	-83.3%	—	$101.1M	—
Q1 25	-$0.32	-$0.29	+9.4%	—	$99.6M	—
Q4 24	-$0.23	-$0.35	-52.2%	—	$97.9M	—
Q3 24	-$0.17	-$0.24	-41.2%	—	$107.6M	—
Q2 24	-$0.14	-$0.14	0.0%	—	$119.4M	—
Q1 24	-$0.16	-$0.13	+18.8%	—	$118.3M	—
Q4 23	-$0.16	-$0.28	-75.0%	—	$128.5M	—
Q3 23	-$0.16	-$0.2	-25.0%	—	$142.4M	—
Q2 23	-$0.05	-$0.69	-1280.0%	—	$143.7M	—
Q1 23	-$0.01	-$0.17	-1600.0%	—	$150.6M	—
Q4 22	$0.02	-$0.02	-200.0%	—	$159.4M	—
Q3 22	$0.27	$0.01	-96.3%	—	$180.7M	—
Q2 22	$0.24	$0.2	-16.7%	—	$180.3M	—
Q1 22	$0.09	$0.14	+55.6%	—	$170.4M	—
Q4 21	-$0.01	$0.01	+200.0%	—	$171.1M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	-$3.98	—	—	$397.2M	—
FY24	—	-$1.13	—	—	$443.2M	—
FY23	—	-$3.13	—	—	$565.2M	—
FY22	—	-$1.66	—	—	$690.8M	—

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$538.5M	$588.1M	$575.9M	$546M	$486.4M	$643.9M	$690.8M	$565.2M	$443.2M	$397.2M
YoY change	+7.81%	+9.21%	-2.09%	-5.19%	-10.9%	+32.4%	+7.29%	-18.2%	-21.6%	-10.4%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	538.5M	588.1M	575.9M	546M	486.4M	643.9M	690.8M	565.2M	443.2M	397.2M
Cost of revenue	326.1M	390.9M	412.5M	397.3M	352.5M	472.4M	527.6M	473.3M	346.5M	323.9M
Gross profit	212.5M	197.2M	163.4M	148.6M	133.9M	171.5M	163.2M	91.9M	96.7M	73.3M
Gross margin	39.5%	33.5%	28.4%	27.2%	27.5%	26.6%	23.6%	16.3%	21.8%	18.4%
Research & development	3.3M	4.2M	3.6M	4.1M	4M	4.2M	4.1M	5.1M	5M	5.7M
Selling, general & administrative	110.5M	127.7M	118.1M	107.5M	101.1M	136.6M	146M	131.7M	125.4M	119M
Operating expenses	113.8M	131.9M	121.7M	111.6M	105.1M	140.8M	150.1M	136.8M	130.3M	124.7M
Operating income	98.7M	65.3M	41.7M	37M	28.8M	30.7M	13.1M	-44.9M	-33.6M	-51.4M
Operating margin	18.3%	11.1%	7.24%	6.78%	5.93%	4.77%	1.9%	-7.94%	-7.59%	-12.9%
Non-operating income, net	-5.4M	-27.3M	-9.8M	-15M	-13.1M	-4.7M	-63.3M	-38.3M	-8.9M	-82.6M
Pretax income	89.5M	35M	29.1M	19.1M	12.3M	19.8M	-55.6M	-87M	-41.9M	-133.5M
Income tax	13M	7.4M	4.6M	6.2M	4.7M	1.9M	758K	21.3M	1.1M	4.3M
Net income	76.5M	27.6M	24.6M	12.9M	7.6M	17.9M	-56.4M	-108.2M	-43M	-137.8M
Net margin	14.2%	4.69%	4.27%	2.36%	1.57%	2.78%	-8.16%	-19.1%	-9.7%	-34.7%
EBITDA	127.1M	96.3M	71.7M	66.6M	59M	66.5M	49.6M	-13.3M	-11.7M	-34.1M
EPS	2.15	0.73	0.72	0.37	0.21	0.51	-1.66	-3.13	-1.13	-3.98
Diluted EPS	2.15	0.73	0.72	0.37	0.21	0.51	-1.66	-3.13	-1.13	-3.98

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	142.4M	128.5M	118.3M	119.4M	107.6M	97.9M	99.6M	101.1M	102.1M	94.4M	88.7M	96.6M
Cost of revenue	115.2M	105.2M	89.3M	92.1M	86.3M	78.9M	78.4M	81.3M	84.5M	79.8M	68.9M	73.4M
Gross profit	27.2M	23.3M	29M	27.3M	21.4M	19M	21.2M	19.9M	17.6M	14.6M	19.8M	23.2M
Gross margin	19.1%	18.1%	24.5%	22.9%	19.9%	19.4%	21.3%	19.6%	17.3%	15.5%	22.3%	24%
Research & development	1.2M	1.2M	1.2M	1.1M	1.2M	1.4M	1.4M	1.3M	1.6M	1.4M	1.4M	1.3M
Selling, general & administrative	32.5M	29.9M	32.7M	32.6M	29M	31.1M	31.1M	29.2M	28.1M	30.7M	29.2M	27.3M
Operating expenses	33.8M	31.2M	33.9M	33.7M	30.2M	32.6M	32.5M	30.5M	29.7M	32M	30.6M	28.6M
Operating income	-6.6M	-7.9M	-4.9M	-6.3M	-8.8M	-13.6M	-11.3M	-10.6M	-12M	-17.4M	-10.8M	-5.4M
Operating margin	-4.63%	-6.15%	-4.14%	-5.3%	-8.22%	-13.9%	-11.4%	-10.5%	-11.8%	-18.5%	-12.2%	-5.59%
Non-operating income, net	4.6M	-20.5M	-705K	-2.9M	4.8M	-10.1M	-3.4M	-2M	-4M	-73.2M	-8.6M	-4.8M
Pretax income	-695K	-36.9M	-4.9M	-7.4M	-3.8M	-25.8M	-12.3M	-18.3M	-17.8M	-85.1M	-20.5M	-15.2M
Income tax	83K	13.9M	26K	2M	451K	-1.4M	698K	411K	294K	2.9M	567K	328K
Net income	-778K	-50.9M	-4.9M	-9.4M	-4.2M	-24.5M	-13M	-18.7M	-18.1M	-87.9M	-21.1M	-15.6M
Net margin	-0.55%	-39.6%	-4.16%	-7.85%	-3.93%	-25%	-13%	-18.5%	-17.7%	-93.1%	-23.8%	-16.1%
EBITDA	-3.7M	-16.9M	135K	899K	-9.3M	-3.4M	-4.5M	-5.1M	-4.6M	-19.9M	-9M	1M
EPS	-0.03	-1.47	-0.15	-0.27	-0.12	—	-0.37	-0.54	-0.52	-2.55	-0.61	-0.45
Diluted EPS	-0.03	-1.47	-0.15	-0.27	-0.12	—	-0.37	-0.54	-0.52	-2.55	-0.61	-0.45

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	994.3M	755.4M	466.6M	518.2M	443.7M	390.8M	196.9M	129.1M	146.8M	64.3M	99.2M
Enterprise value	907.8M	632.6M	390.6M	464.9M	488.9M	492.4M	316.1M	184M	177.3M	140.5M	146M
Shares outstanding	34.7M	34.3M	34.4M	34.4M	34.4M	34.5M	34.5M	34.5M	34.5M	34.6M	34.6M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	13	27.4	19	40.3	58.2	21.8	—	—	—	—	-0.72
P/S	1.85	1.28	0.81	0.95	0.91	0.61	0.29	0.23	0.33	0.16	0.27
P/B	2.21	1.55	1	1.08	0.9	0.78	0.46	0.4	0.54	0.46	1
EV/EBITDA	7.14	6.57	5.44	6.98	8.29	7.41	6.38	-13.9	-15.1	-4.13	-5.01
EV/Sales	1.69	1.08	0.68	0.85	1.01	0.76	0.46	0.33	0.4	0.35	0.38
Earnings yield	7.69%	3.65%	5.27%	2.48%	1.72%	4.58%	—	—	—	—	-138.7%
FCF yield	7.9%	5.08%	-1.34%	11.5%	6.26%	-2.76%	-20.9%	42.9%	14.6%	-73.2%	49.4%
PEG	—	—	—	—	—	—	—	—	—	—	0.04

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	39.5%	33.5%	28.4%	27.2%	27.5%	26.6%	23.6%	16.3%	21.8%	18.4%	24%
Operating margin	18.3%	11.1%	7.24%	6.78%	5.93%	4.77%	1.9%	-7.94%	-7.59%	-12.9%	-3.2%
Net margin	14.2%	4.69%	4.27%	2.36%	1.57%	2.78%	-8.16%	-19.1%	-9.7%	-34.7%	-37.4%
ROE	17%	5.67%	5.27%	2.69%	1.54%	3.56%	-13.1%	-33.5%	-15.7%	-99%	-81.3%
ROA	13.1%	4.22%	3.98%	1.83%	0.93%	2.06%	-7.49%	-18.7%	-7.83%	-34.6%	-5.64%
ROIC	23.2%	14.2%	9%	5.88%	3.3%	4.59%	2.4%	-11.9%	-11.1%	-23.9%	-31.2%
Return on tangible assets	15.2%	4.8%	4.5%	2.03%	1.09%	2.36%	-7.67%	-19.1%	-7.84%	-34.6%	-40.4%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	3.32	2.97	3.15	2.96	2.46	2.23	2.47	2.64	2.3	1.83	1.59
Quick ratio	2.24	1.92	1.72	1.99	1.49	1.11	1.03	1.51	1.55	1.15	1.05
Debt / equity	0.04	0.03	0.04	0.18	0.34	0.37	0.42	0.45	0.5	0.98	0.94
Debt / assets	0.03	0.02	0.03	0.12	0.2	0.22	0.24	0.25	0.25	0.34	0.27
Net debt / EBITDA	-0.68	-1.27	-1.06	-0.8	0.77	1.53	2.41	-4.13	-2.61	-2.24	-1.36
Interest coverage	24	9.47	7.98	5.89	3.86	3.94	-8.71	-15.3	-9.1	-49.5	-49.5
Effective tax rate	14.5%	21.2%	15.7%	32.7%	38.1%	9.83%	0%	0%	0%	0%	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	15.5	17.1	16.8	15.9	14.1	18.7	20	16.4	12.8	11.5	11
EPS (basic)	2.15	0.73	0.72	0.37	0.21	0.51	-1.66	-3.13	-1.13	-3.98	-3.98
EPS (diluted)	2.15	0.73	0.72	0.37	0.21	0.51	-1.66	-3.13	-1.13	-3.98	-4.13
Book value per share	13	14.2	13.6	13.9	14.4	14.6	12.4	9.35	7.93	4.03	2.95
FCF per share	2.26	1.12	-0.18	1.73	0.81	-0.31	-1.19	1.6	0.62	-1.36	-0.65
Cash per share	3.06	4.04	2.72	4.05	3.55	2.48	1.72	2.64	3.08	1.73	1.5
Capex per share	0.66	0.66	0.61	0.68	0.58	0.91	0.52	0.32	0.3	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	4.26%	3.85%	3.64%	4.31%	4.07%	4.89%	2.58%	1.94%	2.34%	—	—
Capex / operating cash flow	23.1%	40.8%	104.1%	30.5%	42.4%	134.1%	-20.3%	54%	29.4%	—	—
Payout ratio	0%	0%	82.5%	40.1%	63.3%	59.7%	-15.3%	0%	0%	—	0%
Dividend yield	0%	0%	4.34%	1%	1.09%	2.73%	4.38%	0%	0%	—	34.8%

Yield

34.8%

trailing twelve months

Frequency

Annual

Last dividend

$0.25

ex-dividend Aug 16, 2022

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 16, 2022	$0.25
Nov 16, 2021	$0.10
May 17, 2021	$0.21
Nov 17, 2020	$0.14
Nov 19, 2019	$0.15
Nov 20, 2018	$0.15
Aug 21, 2018	$0.15
Feb 20, 2018	$0.29

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$142.4M	$128.5M	$118.3M	$119.4M	$107.6M	$97.9M	$99.6M	$101.1M	$102.1M	$94.4M	$88.7M	$96.6M
YoY change	-21.2%	-19.4%	-21.5%	-16.9%	-24.4%	-23.9%	-15.8%	-15.3%	-5.13%	-3.5%	-10.9%	-4.52%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	106.3M	138.7M	93.6M	139.4M	122.4M	85.5M	59.2M	91.1M	106.3M	59.9M
Receivables	63.1M	73.3M	72.6M	78.3M	84.8M	82.8M	77.9M	66.9M	46.9M	48.3M
Inventory	101.5M	132.9M	158.5M	122.7M	152.1M	204.7M	238.2M	136.4M	112.6M	94.3M
Total current assets	310.3M	378M	350.1M	374.4M	385.7M	408.5M	407.9M	319.9M	348.5M	253.1M
Property, plant & equipment	116.4M	105M	97.9M	157.3M	207.4M	232.9M	183.7M	112.4M	140.1M	103.8M
Goodwill & intangibles	80.4M	78.5M	70.6M	70.4M	119.1M	110.9M	17.6M	12.5M	528K	0
Total assets	584.7M	653M	616.9M	703.9M	820.9M	867.7M	753M	579.9M	549M	398.4M
Accounts payable	48.6M	64M	55.8M	53.1M	55.1M	81.4M	62.2M	42.8M	52.8M	37.8M
Short-term debt	11.6M	7.7M	10.5M	13.5M	34.2M	37.6M	49.2M	29.3M	29.1M	29.8M
Total current liabilities	93.3M	127.5M	111.3M	126.4M	157M	183.3M	165M	121.2M	151.7M	138.2M
Long-term debt	8.1M	8.3M	7.1M	72.6M	133.4M	149.6M	129.2M	116.7M	107.8M	106.4M
Total liabilities	134.1M	166.6M	150.4M	226.1M	325.9M	365.5M	324M	257M	275.3M	259.2M
Shareholders' equity	450.6M	486.4M	466.5M	477.7M	495.1M	502.2M	428.9M	322.8M	273.8M	139.2M
Total debt	19.7M	16M	17.6M	86.1M	167.6M	187.1M	178.3M	146M	136.9M	136.1M
Net debt	-86.6M	-122.7M	-76M	-53.3M	53.4M	112.8M	126.3M	91.4M	79.5M	77.7M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	—	—	—	—	—	—	—	—	69.3M	59.9M	52.3M	51.8M
Receivables	—	—	—	—	—	—	—	—	54.4M	48.3M	49.2M	48.7M
Inventory	—	—	—	—	—	—	—	—	104.3M	94.3M	84.3M	76.3M
Total current assets	—	—	—	—	—	—	—	—	301.5M	253.1M	230.3M	224.1M
Property, plant & equipment	—	—	—	—	—	—	—	—	189.4M	103.8M	129.5M	118.1M
Goodwill & intangibles	—	—	—	—	—	—	—	—	0	0	—	—
Total assets	—	—	—	—	—	—	—	—	501.7M	398.4M	370.1M	353M
Accounts payable	—	—	—	—	—	—	—	—	48.6M	37.8M	34.3M	35M
Short-term debt	—	—	—	—	—	—	—	—	3.1M	29.8M	2.2M	401K
Total current liabilities	—	—	—	—	—	—	—	—	145.5M	138.2M	135.3M	141M
Long-term debt	118.2M	116.7M	110M	106.5M	110.8M	107.8M	110.3M	115M	110.7M	106.4M	102.7M	95.6M
Total liabilities	—	—	—	—	—	—	—	—	272M	259.2M	251.8M	250.8M
Shareholders' equity	—	—	—	—	—	—	—	—	229.7M	139.2M	118.3M	102.2M
Total debt	118.2M	116.7M	110M	106.5M	110.8M	107.8M	110.3M	115M	113.8M	136.1M	104.9M	96M
Net debt	—	—	—	—	—	—	—	—	44.4M	77.7M	52.6M	44.2M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	76.5M	27.6M	24.6M	12.9M	7.6M	17.9M	-56.4M	-108.2M	-43M	-137.8M
Depreciation & amortization	28.3M	29.9M	28.6M	28.6M	29.5M	35.4M	36.3M	30M	17.1M	14.2M
Stock-based compensation	3.1M	5.3M	1.7M	3.6M	2.9M	1.8M	1.5M	1M	2M	1.2M
Change in working capital	-14.6M	-33.1M	-44.5M	19.7M	469K	-34.7M	-69.9M	102.1M	51.9M	28.3M
Operating cash flow	99.3M	55.6M	20.1M	77.2M	46.7M	23.5M	-87.7M	20.4M	35.2M	-38M
Capital expenditure	-22.9M	-22.7M	-20.9M	-23.5M	-19.8M	-31.5M	-17.8M	-11M	-10.4M	—
Investing cash flow	-23.4M	-22.8M	-21.2M	-23.6M	-68.3M	-34.9M	-7.3M	-40.5M	-24.4M	47.3M
Dividends paid	0	0	-20.3M	-5.2M	-4.8M	-10.7M	-8.6M	0	0	—
Share repurchases	-39.4M	0	0	—	—	—	—	—	—	—
Financing cash flow	-35.6M	-6.3M	-18.2M	-21.9M	-6.1M	-25.3M	9.2M	-23.8M	-3M	-3.9M
Net change in cash	40.3M	26.5M	-19.3M	31.7M	-27.7M	-36.7M	-85.9M	-43.9M	7.8M	5.4M
Free cash flow	78.6M	38.3M	-6.3M	59.5M	27.8M	-10.8M	-41.1M	55.4M	21.5M	-47.1M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	-778K	-50.9M	-4.9M	-9.4M	-4.2M	-24.5M	-13M	-18.7M	-18.1M	-87.9M	-21.1M	-15.6M
Depreciation & amortization	7.5M	7.3M	4.3M	4.3M	4.3M	4.2M	3.4M	3.6M	3.5M	3.8M	1.8M	1.6M
Stock-based compensation	61K	469K	585K	500K	525K	434K	406K	282K	271K	241K	21K	200K
Change in working capital	21.5M	32M	12.7M	6.7M	16.3M	16.1M	-8.6M	6.3M	8.3M	22.3M	6.1M	10.9M
Operating cash flow	23.7M	-33.8M	13.4M	5.1M	12.1M	4.6M	-14.3M	-9.9M	-2.9M	-10.2M	-7.2M	2.3M
Capital expenditure	-4.3M	-2.3M	-2.8M	-1.6M	-3.8M	-2.2M	-1.6M	—	—	—	—	—
Investing cash flow	-4.3M	-808K	-2.9M	-1.6M	-3.8M	-13.9M	-1.7M	-124K	—	-158K	33K	-6K
Dividends paid	—	0	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-1.3M	795K	-407K	—	—	—	-982K	-311K	—	—	-520K	-1.8M
Net change in cash	18.1M	-33.8M	10.1M	3.6M	8.2M	-9.3M	-17M	-10.3M	-2.9M	-10.3M	-7.7M	509K
Free cash flow	23.9M	10.7M	5.9M	8.4M	12.4M	-5.3M	-16.8M	-13.5M	-5.8M	-11M	-7.3M	1.6M

Caesarstone Ltd. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement