Stocktoria

Co-Diagnostics, Inc. CODX

Nasdaq · stock · Surgical & Medical Instruments & Apparatus · website · IPO 2017-07-12 · LEI

Co-Diagnostics, Inc. statistics & valuation

Market cap$11.3M
P / S18.1×
P / B0.5×
Net margin-7533.6%
FCF margin-4793.2%
Return on capital-236.6%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
-90827.90% -15714.30% -2882.00% 57.00% 37.50% -41.60% -518.70% -961.40% -7533.60% 2016201720182019202020212022202320242025
Gross margin (%)
96.10% 76.50% 47.70% 77.70% 88.20% 84.00% 38.60% 74.50% 64.30% 2016201720182019202020212022202320242025
Operating margin (%)
-59567.60% -15328.60% -2741.60% 55.90% 47.10% -78.80% -626.90% -1023.70% -8058.80% 2016201720182019202020212022202320242025
Return on equity (%)
-180.70% -356.60% 63.70% 27.30% -12.40% -41.30% -69.90% -227.30% 2016201720182019202020212022202320242025
Shares outstanding
9.9M 12.3M 12.9M 17.3M 28.6M 33.8M 31.5M 31.3M 1.1M 2.1M 2016201720182019202020212022202320242025
Net debt ($)
$958335 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-148.80% -149.30% -403.80% -279.70% 59.60% 22.90% -11.60% -37.10% -59.20% -189.50% 2016201720182019202020212022202320242025
Free cash flow margin (%)
-43601.00% -10326.40% -2622.80% 36.70% 41.30% 15.00% -344.20% -763.80% -4793.20% 2016201720182019202020212022202320242025
Debt / equity (×)
2016201720182019202020212022202320242025
EPS ($)
-$0.37 $1.52 $1.23 -$0.45 -$1.20 -$37.22 -$35.25 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin64.3%74.5%38.6%84.0%88.2%77.7%47.7%76.5%96.1%—
Operating margin-8058.8%-1023.7%-626.9%-78.8%47.1%55.9%-2741.6%-15328.6%-59567.6%—
Net margin-7533.6%-961.4%-518.7%-41.6%37.5%57.0%-2882.0%-15714.3%-90827.9%—
FCF margin-4793.2%-763.8%-344.2%15.0%41.3%36.7%-2622.8%-10326.4%-43601.0%—
Return on assets-189.5%-59.2%-37.1%-11.6%22.9%59.6%-279.7%-403.8%-149.3%-148.8%
Return on equity-227.3%-69.9%-41.3%-12.4%27.3%63.7%-356.6%592.3%-180.7%64.4%
Debt / equity———————-1.80×——
Current ratio3.874.4110.8123.949.1416.694.830.457.090.31

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.