COMPX INTERNATIONAL INC CIX
CompX International Inc. (NYSE American: CIX), incorporated in Delaware in 1993, is a leading manufacturer of security products used in the postal, recreational transportation, office and institutional furniture, cabinetry, tool storage, healthcare applications and a variety of other industries. We are also a leading manufacturer of wake enhancement systems, stainless steel exhaust systems, gauges, throttle controls and trim tabs and related hardware and accessories for the recreational marine and various other industries. Our products are principally designed for use in medium to high-end product applications where design, quality and durability are valued by our customers.
At December 31, 2025, NL Industries, Inc. (NYSE: NL) owns approximately 87% of our outstanding common stock, Valhi, Inc. (NYSE: VHI) owns approximately 83% of NL's outstanding common stock and a subsidiary of Contran Corporation owns approximately 91% of Valhi's outstanding common stock. As discussed in Note 1 to our Consolidated Financial Statements, a majority of Contran's outstanding voting stock is held directly by Lisa K. Simmons, and by family stockholders (Thomas C. Connelly (the husband of Ms. Simmons' late sister), a family-owned entity and various family trusts established for the benefit of Ms. Simmons, Mr. Connelly and their children) who are required to vote their shares of Contran voting stock in the same manner as Ms. Simmons. Such voting rights are personal to Ms. Simmons and last through April 22, 2030. The remainder of Contran's outstanding voting stock is held by another trust (the "Family Trust"), which was established for the benefit of Ms. Simmons and her late sister and their children and for which a third-party financial institution serves as trustee. Consequently, at December 31, 2025, Ms. Simmons and the Family Trust may be deemed to control Contran, and therefore may be deemed to indirectly control the wholly-owned subsidiary of Contran, Valhi, NL and us.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $158.3M | $145.9M | $161.3M | $166.6M | $140.8M | $114.5M | $124.2M | $118.2M | $112.0M | $108.9M |
| Cost of revenue | $110.1M | $104.6M | $112.1M | $117.8M | $98.1M | $81.7M | $85.3M | $79.9M | $77.2M | $73.8M |
| Gross profit | $48.2M | $41.4M | $49.2M | $48.8M | $42.7M | $32.8M | $39.0M | $38.3M | $34.8M | $35.2M |
| SG&A | $25.6M | $24.3M | $23.8M | $23.4M | $22.2M | $21.0M | $21.3M | $20.5M | $19.6M | $19.6M |
| Operating income | $22.6M | $17.0M | $25.4M | $25.4M | $20.5M | $11.8M | $17.7M | $17.8M | $15.2M | $15.6M |
| Pre-tax income | $25.8M | $21.7M | $29.6M | $27.3M | $21.7M | $13.5M | $20.9M | $20.5M | $17.2M | $16.0M |
| Income tax | $6.4M | $5.2M | $7.0M | $6.4M | $5.2M | $3.2M | $4.9M | $5.2M | $4.0M | $5.5M |
| Net income | $19.5M | $16.6M | $22.6M | $20.9M | $16.6M | $10.3M | $16.0M | $15.3M | $13.2M | $10.5M |
| EPS, basic | 1.58 | 1.35 | 1.84 | 1.69 | 1.34 | 0.83 | 1.29 | — | — | — |
| EPS, diluted | 1.58 | 1.35 | 1.84 | 1.69 | 1.34 | 0.83 | 1.29 | 1.23 | 1.06 | 0.84 |
| Shares, diluted (wtd. avg.) | 12.3M | 12.3M | 12.3M | 12.3M | 12.4M | 12.4M | 12.4M | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $54.1M | $60.8M | $41.4M | $26.7M | $76.6M | $70.6M | $63.3M | $45.4M | $29.7M | $33.2M |
| Short-term investments | — | — | $35.4M | $33.1M | — | — | — | — | — | — |
| Receivables | $13.8M | $14.1M | $17.1M | $17.8M | $15.5M | $10.7M | $11.9M | $12.1M | $10.4M | $10.3M |
| Inventory | $30.4M | $28.4M | $30.7M | $31.3M | $25.6M | $18.3M | $18.3M | $17.1M | $15.4M | $15.0M |
| Total current assets | $100.1M | $105.3M | $126.6M | $111.2M | $120.2M | $101.2M | $95.1M | $76.3M | $56.4M | $59.2M |
| Property, plant and equipment | $23.7M | $24.0M | $25.9M | $28.7M | $29.2M | $28.9M | $31.0M | $31.8M | $32.1M | $33.1M |
| Goodwill | $23.7M | $23.7M | $23.7M | $23.7M | $23.7M | $23.7M | $23.7M | $23.7M | $23.7M | $23.7M |
| Total assets | $156.2M | $163.0M | $187.6M | $177.4M | $192.5M | $184.0M | $178.5M | $166.4M | $151.0M | $144.0M |
| Accounts payable | $15.3M | $15.0M | $15.7M | $15.6M | $14.7M | $12.2M | $12.1M | $12.5M | $10.8M | $11.9M |
| Total current liabilities | $17.0M | $15.8M | $17.2M | $16.7M | $16.4M | $13.2M | $13.1M | $13.7M | $11.3M | $13.3M |
| Retained earnings | $85.0M | $92.6M | $115.5M | $105.2M | $118.2M | $111.5M | $106.2M | $93.7M | $80.8M | $70.1M |
| Total equity | $138.6M | $146.1M | $168.8M | $158.4M | $173.1M | $167.7M | $162.2M | $149.6M | $136.6M | $125.8M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $22.9M | $22.9M | $25.8M | $16.9M | $10.5M | $15.5M | $18.5M | $17.2M | $12.6M | $13.9M |
| Depreciation and amortisation | $3.7M | $3.7M | $4.0M | $4.0M | $3.8M | $3.8M | $3.7M | $3.5M | $3.7M | $3.7M |
| Capital expenditure | $3.7M | $1.4M | $1.1M | $3.7M | $4.1M | $1.7M | $3.2M | $3.1M | $2.8M | $3.2M |
| Investing cash flow | -$2.4M | $35.9M | $1.1M | -$31.1M | $6.7M | -$3.1M | $2.9M | $1.1M | -$13.6M | -$30.6M |
| Financing cash flow | — | -$39.4M | -$12.3M | -$35.6M | -$11.2M | -$5.0M | -$3.5M | — | -$2.5M | -$2.5M |
| Dividends paid | $27.1M | $39.4M | $12.3M | $33.9M | $9.9M | $5.0M | $3.5M | $2.5M | $2.5M | $2.5M |
| Buybacks | — | — | — | $1.7M | $1.3M | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001049606-26-000007.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $108.9M | $112.0M | $118.2M | $124.2M | $114.5M | $140.8M | $166.6M | $161.3M | $145.9M | $158.3M |
| Gross profit | $35.2M | $34.8M | $38.3M | $39.0M | $32.8M | $42.7M | $48.8M | $49.2M | $41.4M | $48.2M |
| Net income | $10.5M | $13.2M | $15.3M | $16.0M | $10.3M | $16.6M | $20.9M | $22.6M | $16.6M | $19.5M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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