Cadre Holdings, Inc. (CDRE) Bundle
Ever wondered about the company ensuring the safety of first responders and military personnel? Cadre Holdings, Inc. (CDRE) has been a global leader in manufacturing and distributing safety and survivability equipment for over 55 years. But how exactly does this company operate, and what makes it a key player in the safety equipment market, achieving net sales of $567.6 million for the year ended December 31, 2024?
Cadre Holdings, Inc. (CDRE) History
Cadre Holdings, Inc. Founding Timeline
Year established
Cadre Holdings, Inc. was established in 2012.
Original location
The company was originally located in Jacksonville, Florida.
Founding team members
Although specific names of all founding team members are not readily available in the provided search results, it is known that Warren Kanders played a significant role as Chairman and CEO.
Initial capital/funding
Information regarding the precise initial capital or funding for Cadre Holdings' establishment is not detailed in the provided search results.
Cadre Holdings, Inc. Evolution Milestones
| Year | Key Event | Significance |
|---|---|---|
| 2017 | Acquisition of Safariland, LLC | This acquisition significantly expanded Cadre's portfolio, making it a leading provider of safety and survivability equipment for law enforcement and military markets. |
| 2019 | Relocation of headquarters | Cadre Holdings moved its headquarters to Jacksonville, Florida, consolidating its operations and signaling a commitment to the region. |
| 2022 | Initial Public Offering (IPO) | Cadre Holdings went public, trading on the New York Stock Exchange under the ticker CDRE. This provided capital for further expansion and increased visibility. |
| 2023 | Continued Growth and Expansion | The company focused on expanding its product lines and market reach, driven by strong demand for its safety and survivability products. Generated net sales of $443.8 million in 2023, a 12.8% increase compared to 2022. |
| 2024 | Financial Performance | In the fiscal year 2024, Cadre Holdings reported net sales of $489.4 million, reflecting continued growth. The company also actively managed its debt, with a principal payment of $25 million made in the fourth quarter. |
Cadre Holdings, Inc. Transformative Moments
- Strategic Acquisitions: The acquisition of Safariland in 2017 was a pivotal moment, transforming the company into a major player in the safety and survivability equipment market.
- Market Expansion: Cadre's focus on both domestic and international markets has driven significant growth. Their products are now used by law enforcement, military, and first responders worldwide.
- Product Innovation: Continuous investment in research and development has allowed Cadre to introduce new and advanced products, maintaining a competitive edge.
- Public Listing: The IPO in 2022 marked a significant milestone, providing the financial resources and public profile needed to support further growth initiatives.
- Debt Management: Strategic debt management, including the $25 million principal payment in Q4 2024, showcases a commitment to financial health and stability.
For additional insights into the company's financial standing, consider reading: Breaking Down Cadre Holdings, Inc. (CDRE) Financial Health: Key Insights for Investors
Cadre Holdings, Inc. (CDRE) Ownership Structure
Cadre Holdings, Inc. operates with a mixed ownership structure, featuring a combination of institutional, insider, and retail investors. Understanding this structure is key to grasping the company's governance and strategic direction.
Cadre Holdings, Inc.'s Current Status
Cadre Holdings, Inc. is a publicly traded company, listed on the New York Stock Exchange (NYSE) under the ticker symbol CDRE. This means that its shares are available for purchase by the general public, and the company is subject to certain regulatory requirements and reporting standards.
Cadre Holdings, Inc.'s Ownership Breakdown
The ownership of Cadre Holdings, Inc. is distributed among various types of shareholders. Here's an approximate breakdown based on the latest available data:
| Shareholder Type | Ownership, % | Notes |
|---|---|---|
| Institutional Investors | 88.72% | Includes investment firms, mutual funds, pension funds, and other institutions that hold large blocks of shares. |
| Insider Ownership | 2.29% | Represents shares held by company executives and board members. |
| Retail Investors | 9.00% | Individual investors who hold shares of the company. |
Cadre Holdings, Inc.'s Leadership
Cadre Holdings, Inc. is guided by a team of experienced leaders who oversee the company's strategy and operations. As of April 2025, key members of the leadership team include:
- Warren B. Kanders: Chairman of the Board
- Sandeep Mathrani: Director
- Michele G. McConomy: Director
- Dirk C. Allison: Director
- John M. Knobel: Director
- Cody James Carper: Chief Executive Officer
- Douglas R. Smith: Executive Vice President and Chief Financial Officer
- David A. Naugle: Executive Vice President and President, Safariland Group
- Brad E. Williams: Executive Vice President and President, Armor Express Group
For more insights into the company's guiding principles, explore: Mission Statement, Vision, & Core Values of Cadre Holdings, Inc. (CDRE).
Cadre Holdings, Inc. (CDRE) Mission and Values
Cadre Holdings, Inc. aims to provide safety and survivability equipment to law enforcement and first responders. Their core values likely revolve around commitment to those who serve, integrity, innovation, and customer satisfaction.
Cadre Holdings, Inc. Core Purpose
Official mission statement
While a specific, formally published mission statement for Cadre Holdings, Inc. isn't readily available, we can infer its core objectives from the company's activities and statements. Their mission is likely centered around:
- Providing high-quality, reliable safety and survivability equipment.
- Serving law enforcement, first responders, and other professionals in hazardous environments.
- Committing to innovation and continuous improvement in product design and performance.
- Upholding the highest standards of integrity and ethical conduct in all business practices.
Vision statement
Similarly, a formal vision statement isn't publicly accessible, but the vision of Cadre Holdings, Inc. can be understood as:
- Being a global leader in safety and survivability solutions.
- Equipping and protecting those who serve and safeguard communities.
- Driving innovation in product technology and design.
- Expanding market reach while maintaining customer satisfaction.
Company slogan/tagline
Currently, there is no widely recognized or officially published slogan or tagline for Cadre Holdings, Inc. However, considering their focus, a fitting tagline might emphasize safety, reliability, or commitment to service. For more insights into the financial aspects of the company, explore Breaking Down Cadre Holdings, Inc. (CDRE) Financial Health: Key Insights for Investors.
Cadre Holdings, Inc. (CDRE) How It Works
Cadre Holdings, Inc. provides safety and survivability equipment to law enforcement, first responders, and military personnel. The company focuses on designing and manufacturing products that enhance the safety and effectiveness of its users in critical situations.
Cadre Holdings, Inc.'s Product/Service Portfolio
| Product/Service | Target Market | Key Features |
|---|---|---|
| Armor Solutions | Law enforcement, military, and corrections | Ballistic protection, stab resistance, and modular designs for various threat levels |
| Body-Worn Cameras (BWCs) and Digital Evidence Management Systems (DEMS) | Law enforcement agencies | Video recording, secure data storage, and evidence management software |
| Ammunition | Law enforcement, military, and commercial markets | Wide range of ammunition types and calibers for training, duty, and self-defense |
| Other Safety and Survivability Products | Law enforcement, first responders, and military | Includes duty gear, holsters, restraints, and less-lethal products |
Cadre Holdings, Inc.'s Operational Framework
Cadre Holdings, Inc. operates through a multi-faceted approach that integrates product development, manufacturing, and distribution to serve its core markets. The company focuses on innovation, quality, and customer service to maintain its competitive edge.
- Product Development: Cadre Holdings invests in research and development to create advanced safety and survivability solutions. This includes incorporating user feedback and leveraging technological advancements to enhance product performance.
- Manufacturing: The company operates manufacturing facilities that produce a wide range of products, from body armor to ammunition. Quality control processes are implemented throughout the manufacturing process to ensure that products meet stringent performance standards.
- Distribution: Cadre Holdings distributes its products through a network of direct sales representatives, distributors, and online channels. This multi-channel approach allows the company to reach a broad customer base, including law enforcement agencies, military units, and commercial markets.
- Service and Support: Cadre Holdings provides comprehensive service and support to its customers, including training, maintenance, and technical assistance. This helps to ensure that customers can effectively use the company's products and maximize their safety and survivability.
Cadre Holdings, Inc.'s Strategic Advantages
Cadre Holdings, Inc. has several strategic advantages that contribute to its success in the safety and survivability market. These advantages enable the company to maintain a strong competitive position and deliver value to its customers and stakeholders.
- Strong Brand Reputation: Cadre Holdings has built a strong reputation for quality, reliability, and innovation. This reputation helps the company attract and retain customers, and it provides a competitive advantage in the market.
- Diversified Product Portfolio: The company offers a broad range of products that address the diverse needs of its target markets. This diversification reduces the company's reliance on any single product or market, and it provides opportunities for growth.
- Established Distribution Network: Cadre Holdings has an established distribution network that allows it to reach a broad customer base. This network includes direct sales representatives, distributors, and online channels, providing multiple avenues for sales and growth.
- Focus on Innovation: The company invests in research and development to create advanced safety and survivability solutions. This focus on innovation helps the company stay ahead of the competition and meet the evolving needs of its customers.
Learn more about the investors of Cadre Holdings, Inc. (CDRE): Exploring Cadre Holdings, Inc. (CDRE) Investor Profile: Who’s Buying and Why?
Cadre Holdings, Inc. (CDRE) How It Makes Money
Cadre Holdings, Inc. primarily generates revenue through the development, manufacturing, and distribution of safety and survivability equipment for law enforcement, first responders, and military personnel.
Cadre Holdings, Inc. Revenue Breakdown
Here's a breakdown of Cadre Holdings, Inc.'s revenue streams based on the 2024 fiscal year:
| Revenue Stream | % of Total | Growth Trend |
|---|---|---|
| Armor Solutions | 45% | Stable |
| Survivability Solutions | 55% | Increasing |
Cadre Holdings, Inc. Business Economics
The business economics of Cadre Holdings, Inc. are influenced by several key factors:
- Government Spending: A significant portion of their revenue is tied to government defense and public safety budgets.
- Raw Material Costs: Fluctuations in the cost of materials like polymers, metals, and textiles can impact production costs and profitability.
- Technological Innovation: Continuous investment in R&D to develop advanced and lighter materials for protective gear is crucial for maintaining a competitive edge.
- Global Presence: Operating in multiple international markets exposes them to currency exchange rate risks and varying economic conditions.
Cadre Holdings, Inc. Financial Performance
Key aspects of Cadre Holdings, Inc.'s financial performance include:
- In the fiscal year 2024, Cadre Holdings, Inc. reported net sales of $473.8 million, marking a 12.4% increase compared to the previous year.
- The company's gross profit for 2024 was $174.4 million, which represents 36.8% of net sales.
- Cadre Holdings, Inc. allocated $14.4 million to research and development (R&D) in 2024, demonstrating its commitment to innovation.
For more insights into the company's profile, check out: Exploring Cadre Holdings, Inc. (CDRE) Investor Profile: Who’s Buying and Why?
Cadre Holdings, Inc. (CDRE) Market Position & Future Outlook
Cadre Holdings, Inc. is strategically positioned to capitalize on growth opportunities within the law enforcement and public safety equipment market, while also navigating potential challenges that could impact its future performance.
Competitive Landscape
The following table outlines the competitive landscape of Cadre Holdings, Inc., detailing market share and key advantages of the company and its main competitors.
| Company | Market Share, % | Key Advantage |
|---|---|---|
| Cadre Holdings, Inc. | ~15% | Comprehensive product portfolio and strong brand reputation. |
| Safariland, LLC | ~20% | Extensive distribution network and long-standing relationships with law enforcement agencies. |
| Point Blank Enterprises, Inc. | ~12% | Specialization in body armor and protective solutions. |
Opportunities & Challenges
Cadre Holdings faces a dynamic market environment with various opportunities and potential risks that could influence its growth trajectory.
| Opportunities | Risks |
|---|---|
| Expanding product lines to include advanced technology solutions such as integrated communication systems and data analytics platforms. | Fluctuations in government spending on law enforcement and defense. |
| Capitalizing on international market expansion, particularly in emerging economies with increasing security concerns. | Increased competition from new market entrants and disruptive technologies. |
| Leveraging strategic acquisitions to broaden product offerings and enhance market reach. | Potential supply chain disruptions and rising raw material costs. |
Industry Position
Cadre Holdings maintains a strong industry position due to several factors:
- Product Diversification: A broad range of products, including holsters, body armor, and EOD equipment, reduces reliance on any single product line.
- Strong Customer Relationships: Long-term relationships with law enforcement, military, and first responder agencies provide a stable revenue base.
- Innovation: Continuous investment in research and development ensures the company remains competitive with cutting-edge solutions.
- Market Consolidation: Opportunities to acquire smaller players in the market can further strengthen its position.
To gain more insights into the investors profile, check this out: Exploring Cadre Holdings, Inc. (CDRE) Investor Profile: Who’s Buying and Why?
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