CELHCelsius Holdings, Inc.
Bottled & Canned Soft Drinks & Carbonated Waters
- Revenue
- $2.5B
- 86% YoY
- Operating margin
- 5.6%
- 51% YoY
- EBITDA
- $171M
- 4.6% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 0.3×
- $44M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear333% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear2% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear18% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $314M | $654M | $1.3B | $1.4B | $2.5B | 86% |
| Operating income | −$4M | −$158M | $266M | $156M | $141M | 9.4% |
| Net income | $4M | −$187M | $227M | $145M | $108M | 26% |
| Operating cash flow | −$97M | $108M | $141M | $263M | $359M | 37% |
| Capex | $3M | $8M | $17M | $23M | $36M | 54% |
| Stock-based comp | $36M | $21M | $21M | $20M | $28M | 43% |
| Buybacks | — | $0 | $0 | $2M | $6M | 153% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $2M · 4
- Open-market sells, 12 mo
- $0 · 0
- Net
- $2M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $10M | $15M | 273 | 124 |
| FY2024 | $6M | $1M | 157 | 115 |
| FY2023 | $3M | $12M | 325 | 116 |
| FY2022 | $4M | $6M | 207 | 118 |
| FY2021 | $12M | $33M | 148 | 114 |