Resolute Management (RHLD)
Market Price (9/11/2026): $128.89 | Market Cap: $1.0 BilSector: Industrials | Industry: Diversified Support Services
Resolute Management (RHLD)
Market Price (9/11/2026): $128.89Market Cap: $1.0 BilSector: IndustrialsIndustry: Diversified Support Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 239% Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -48% Attractive yieldFCF Yield is 7.0% Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and Digital & Alternative Assets. Themes include Wealth Management Technology, Private Equity, Show more. | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 205% High stock price volatilityVol 12M is 124% Key risksRHLD key risks include [1] its heavy financial dependence on the performance of its managed companies, Show more. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 239% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -48% |
| Attractive yieldFCF Yield is 7.0% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and Digital & Alternative Assets. Themes include Wealth Management Technology, Private Equity, Show more. |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 205% |
| High stock price volatilityVol 12M is 124% |
| Key risksRHLD key risks include [1] its heavy financial dependence on the performance of its managed companies, Show more. |
Qualitative Assessment
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Resolute Management (RHLD) stock has gained about 10% since 5/31/2026 because of the following key factors:
1. Significant Revenue Growth in Fiscal Q2 2026. Resolute Management (RHLD) reported a 296% year-over-year increase in net sales to $473.2 million for its fiscal second quarter ended June 30, 2026. This substantial top-line expansion was primarily fueled by the acquisition of Husky Holdings and a 12% organic growth from CompoSecure.
2. Strong Improvement in Non-GAAP Fee-Related Earnings. The company demonstrated improved profitability in its core business, with Non-GAAP Fee-Related Earnings per share rising to $0.69 in fiscal Q2 2026, compared to $0.08 in fiscal Q2 2025. This was driven by an increase in management fees to $13.6 million, attributed to the management agreement with Husky Holdings and organic fee growth from CompoSecure.
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Resolute Management (RHLD) stock has gained about 10% since 5/31/2026 because of the following key factors:
1. Significant Revenue Growth in Fiscal Q2 2026. Resolute Management (RHLD) reported a 296% year-over-year increase in net sales to $473.2 million for its fiscal second quarter ended June 30, 2026. This substantial top-line expansion was primarily fueled by the acquisition of Husky Holdings and a 12% organic growth from CompoSecure.
2. Strong Improvement in Non-GAAP Fee-Related Earnings. The company demonstrated improved profitability in its core business, with Non-GAAP Fee-Related Earnings per share rising to $0.69 in fiscal Q2 2026, compared to $0.08 in fiscal Q2 2025. This was driven by an increase in management fees to $13.6 million, attributed to the management agreement with Husky Holdings and organic fee growth from CompoSecure.
3. Share Repurchase Program Enhancing Shareholder Value. Resolute Management actively returned value to shareholders by repurchasing $50.0 million in common shares through open market purchases during fiscal Q2 2026 and through July 2026. This initiative effectively reduced the company's shares outstanding by approximately 8.3% since its spin-off.
4. Strategic Model Emphasizing Recurring Management Fees. The company's business model as an alternative asset management platform, which focuses on generating recurring, long-duration management fees tied to the adjusted EBITDA of its managed businesses like GPGI and its subsidiaries, provided a stable financial foundation. Strategic acquisitions, such as Husky, are integral to expanding this fee-based revenue stream.
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Stock Movement Drivers
Fundamental Drivers
The 7.8% change in RHLD stock from 5/31/2026 to 9/10/2026 was primarily driven by a 46.2% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 5312026 | 9102026 | Change |
|---|---|---|---|
| Stock Price ($) | 118.98 | 128.31 | 7.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 766 | 1,120 | 46.2% |
| Net Income Margin (%) | 7.7% | 4.2% | -45.3% |
| P/E Multiple | 17.1 | 22.1 | 29.1% |
| Shares Outstanding (Mil) | 8 | 8 | 4.4% |
| Cumulative Contribution | 7.8% |
Market Drivers
5/31/2026 to 9/10/2026| Return | Correlation | |
|---|---|---|
| RHLD | 7.8% | |
| Market (SPY) | 0.2% | 28.0% |
| Sector (XLI) | -1.5% | 36.1% |
Fundamental Drivers
The -23.9% change in RHLD stock from 2/28/2026 to 9/10/2026 was primarily driven by a 4.7% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 2282026 | 9102026 | Change |
|---|---|---|---|
| Stock Price ($) | 168.55 | 128.31 | -23.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | � | 1,120 | 0.0% |
| Net Income Margin (%) | � | 4.2% | 0.0% |
| P/E Multiple | � | 22.1 | 0.0% |
| Shares Outstanding (Mil) | 8 | 8 | 4.7% |
| Cumulative Contribution | 0.0% |
Market Drivers
2/28/2026 to 9/10/2026| Return | Correlation | |
|---|---|---|
| RHLD | -23.9% | |
| Market (SPY) | 10.8% | 35.9% |
| Sector (XLI) | -3.4% | 43.4% |
Fundamental Drivers
The 94.1% change in RHLD stock from 8/31/2025 to 9/10/2026 was primarily driven by a 0.0% change in the company's P/E Multiple.| (LTM values as of) | 8312025 | 9102026 | Change |
|---|---|---|---|
| Stock Price ($) | 66.09 | 128.31 | 94.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | � | 1,120 | 0.0% |
| Net Income Margin (%) | � | 4.2% | 0.0% |
| P/E Multiple | � | 22.1 | 0.0% |
| Shares Outstanding (Mil) | 8 | 8 | 4.7% |
| Cumulative Contribution | 0.0% |
Market Drivers
8/31/2025 to 9/10/2026| Return | Correlation | |
|---|---|---|
| RHLD | 94.1% | |
| Market (SPY) | 18.5% | 18.4% |
| Sector (XLI) | 13.4% | 19.2% |
Fundamental Drivers
nullnull
Market Drivers
8/31/2023 to 9/10/2026| Return | Correlation | |
|---|---|---|
| RHLD | ||
| Market (SPY) | 74.2% | 15.0% |
| Sector (XLI) | 64.1% | 18.3% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| RHLD Return | - | - | - | - | 341% | -35% | 188% |
| Peers Return | 80% | -29% | 67% | 55% | -4% | -16% | 171% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 103% |
Monthly Win Rates [3] | |||||||
| RHLD Win Rate | - | - | - | - | 64% | 22% | |
| Peers Win Rate | 72% | 42% | 67% | 73% | 52% | 47% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| RHLD Max Drawdown | - | - | - | - | - | -55% | |
| Peers Max Drawdown | -16% | -42% | -22% | -17% | -39% | -38% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: BX, KKR, APO, CG, ARES.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/10/2026 (YTD)
How Low Can It Go
RHLD has limited trading history. Below is the Industrials sector ETF (XLI) in its place.
| Event | XLI | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -15.8% | -18.8% |
| % Gain to Breakeven | 18.8% | 23.1% |
| Time to Breakeven | 34 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -11.7% | -9.5% |
| % Gain to Breakeven | 13.2% | 10.5% |
| Time to Breakeven | 45 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -20.1% | -24.5% |
| % Gain to Breakeven | 25.1% | 32.4% |
| Time to Breakeven | 125 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -41.6% | -33.7% |
| % Gain to Breakeven | 71.2% | 50.9% |
| Time to Breakeven | 231 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.7% | -19.2% |
| % Gain to Breakeven | 31.1% | 23.8% |
| Time to Breakeven | 120 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -11.1% | -12.2% |
| % Gain to Breakeven | 12.5% | 13.9% |
| Time to Breakeven | 51 days | 62 days |
In The Past
State Street Industrial Select Sector SPDR ETF's stock fell -15.8% during the 2025 US Tariff Shock. Such a loss loss requires a 18.8% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
RHLD has limited trading history. Below is the Industrials sector ETF (XLI) in its place.
| Event | XLI | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -20.1% | -24.5% |
| % Gain to Breakeven | 25.1% | 32.4% |
| Time to Breakeven | 125 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -41.6% | -33.7% |
| % Gain to Breakeven | 71.2% | 50.9% |
| Time to Breakeven | 231 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.7% | -19.2% |
| % Gain to Breakeven | 31.1% | 23.8% |
| Time to Breakeven | 120 days | 105 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -22.5% | -17.9% |
| % Gain to Breakeven | 29.0% | 21.8% |
| Time to Breakeven | 114 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -60.5% | -53.4% |
| % Gain to Breakeven | 153.2% | 114.4% |
| Time to Breakeven | 700 days | 1085 days |
In The Past
State Street Industrial Select Sector SPDR ETF's stock fell -15.8% during the 2025 US Tariff Shock. Such a loss loss requires a 18.8% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Resolute Management (RHLD)
Resolute Holdings Management, Inc. (RHLD) operates as an alternative asset management platform company, incorporated in 2024 and based in New York. The company's core function is to manage and oversee investment strategies that venture beyond traditional assets like publicly traded stocks and bonds, focusing on a specialized range of alternative investments.
As an alternative asset management platform, Resolute Management likely provides various investment products and services that give clients access to non-traditional asset classes such as private equity, hedge funds, real estate, or private credit. The "platform" designation suggests it offers comprehensive operational, technological, and administrative infrastructure to effectively manage and deliver these often complex investment solutions to its clientele.
The primary customers served by Resolute Management are typically sophisticated investors, including institutional clients such as pension funds, endowments, and foundations, alongside ultra-high-net-worth individuals and family offices. These clients engage Resolute to achieve portfolio diversification and seek potentially enhanced risk-adjusted returns by allocating capital to the alternative asset landscape.
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Here are 1-3 brief analogies for Resolute Management (RHLD):
- A startup Blackstone.
- Like a new Apollo Global Management or KKR, managing diverse alternative investments.
AI Analysis | Feedback
Alternative Asset Management Services: The company provides services related to managing investments in non-traditional asset classes such as private equity, real estate, and hedge funds.
AI Analysis | Feedback
Resolute Management (RHLD) operates as an alternative asset management platform company. Given the nature of its business and its recent incorporation in 2024, specific customer names are not publicly disclosed. However, based on its operational description, the company primarily serves sophisticated investors. The categories of customers that Resolute Management would typically serve include:
- Institutional Investors: This category includes large organizations such as pension funds, endowments, sovereign wealth funds, and foundations that seek specialized alternative investment strategies for their portfolios.
- Family Offices and Ultra-High-Net-Worth Individuals (UHNWIs): Wealthy families and individuals who require tailored investment solutions and access to diverse alternative assets to manage and grow their substantial wealth.
- Other Financial Institutions: This may include other asset managers, wealth management firms, or consultants who utilize Resolute Management's platform to offer alternative investment products to their own client base.
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David Cote Executive Chairman
Mr. Cote brings over 40 years of operating experience across diverse industries. He previously served as Executive Chairman of the Board and Chief Executive Officer of Honeywell from 2002 to 2017, where he led a strategic shift focused on profitable growth, margin improvement, and a results-oriented culture. Under his leadership, Honeywell's revenues increased by 83% from 2003 to 2017, and its market capitalization grew from $20 billion to approximately $112 billion. He also implemented a disciplined acquisition framework to build Honeywell's divisions and optimize its business portfolio. More recently, since February 2020, Mr. Cote has served as the Executive Chairman of the Board of Vertiv, where the stock price increased by 1,520% during his tenure as of December 31, 2025.
Thomas R. Knott Chief Executive Officer
Mr. Knott has over 15 years of investment experience spanning various asset classes and investment structures. Most recently, he led the Permanent Capital Strategies group at Goldman Sachs, focusing on developing a platform to combine long-term capital and a disciplined acquisition strategy with operating capabilities. While at Goldman Sachs, Mr. Knott successfully led the initial public offerings of special purpose acquisition companies (SPACs) GS Acquisition Holdings Corp ("GSAH I") and GS Acquisition Holdings Corp II ("GSAH II") through to their respective mergers with Vertiv and Mirion Technologies.
Kurt Schoen Chief Financial Officer
Mr. Schoen has served as Chief Financial Officer of Resolute Holdings Management, Inc. since February 19, 2025. He is a CFA Charterholder and CPA. His prior experience includes serving as a Principal at I 130 Partners, a private investment firm, from March 2022 to September 2024, where he held operational roles at portfolio companies, including Interim CEO of Euro-Wall Systems and Head of M&A at Paschal Air, Plumbing & Electric. Before that, he was a Senior Equity Analyst at Hightower Advisors and GCI Partners, and held roles in equity research at CLSA Americas and as Controller at MHR Fund Management. His early career involved audit and accounting at KPMG.
Timothy Fitzsimmons Treasurer
Mr. Fitzsimmons is listed as the Treasurer for Resolute Holdings Management. He previously served as the Chief Financial Officer of CompoSecure, Inc., from which Resolute Holdings Management was spun off in February 2025. He is expected to retire from CompoSecure by early 2026 but will remain as a consultant through January 2027 to ensure a smooth transition.
David A.P. Marshall Chief Legal Counsel and Corporate Secretary
Mr. Marshall was appointed Chief Legal Counsel and Corporate Secretary, effective March 30, 2026. Prior to joining Resolute Holdings, he was a Partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP in New York City for nearly a decade, where he advised public companies on complex transactions and capital markets matters. He holds a J.D. and M.P.P. from the University of Toronto and a B.A. from McGill University.
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Key Business Risks for Resolute Management (RHLD)
- High Concentration and Dependence on Performance of Managed Companies: Resolute Holdings Management, Inc. (RHLD) operates an asset-light model where its revenues are substantially derived from fees tied to the Adjusted EBITDA of a very limited number of managed companies, primarily GPGI, Inc. (formerly CompoSecure, Inc.) and, from 2026, Husky Technologies Limited. This structure creates a significant concentration risk, meaning any underperformance, operational challenges, or decline in profitability of these few entities would directly and severely impact RHLD's financial results and growth prospects.
- Stock Price Volatility and Perceived Overvaluation: RHLD has experienced considerable stock price volatility, including a significant decline after being flagged as overvalued by market analysis in late 2025. Such market perceptions and subsequent sharp re-pricing can negatively affect investor confidence, limit future capital-raising capabilities, and influence the company's overall market standing and ability to attract new managed assets.
- Exposure to Specific Industry and Operational Risks of Managed Entities: As an alternative asset management platform, RHLD is indirectly exposed to the distinct industry-specific and operational risks faced by its managed businesses. For example, GPGI's digital asset products, like Arculus, are subject to extensive and evolving regulatory and market risks. Similarly, Husky faces vulnerabilities related to cyclical capital spending, emerging-market demand, volatility in commodity prices (such as steel), foreign exchange fluctuations, and global supply-chain and trade-compliance risks. These external factors, largely outside RHLD's direct control, can significantly influence the performance of the managed companies and, consequently, RHLD's fee-based revenue streams.
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The rapid evolution and adoption of advanced AI/Machine Learning-driven platforms for investment analysis and portfolio management, coupled with the increasing maturation and application of blockchain technology for tokenizing and enabling greater liquidity in alternative assets, pose clear emerging threats. These technological advancements have the potential to fundamentally alter the competitive landscape by offering superior efficiency, lower costs, and enhanced liquidity that could disrupt existing and newly established alternative asset management platforms.
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Resolute Holdings Management, Inc. (RHLD) operates as an alternative asset management platform company that provides operating management services, including the oversight of capital allocation strategy, operational practices, and M&A sourcing and execution, for its managed businesses. Its revenue is primarily generated through management fees from these entities. The company focuses on acquiring high-quality businesses and implementing its "Resolute Operating System" to enhance their value.
The addressable market for Resolute Management's services can be framed within the broader alternative asset management industry, where it seeks to manage and grow alternative assets and businesses. The market for alternative assets is substantial and projected to grow significantly in the coming years:
- The global alternative assets under management (AUM) are forecasted to reach approximately $29.2 trillion by 2029, increasing from $16.8 trillion at the end of 2023, with an anticipated annualized growth rate of 9.7%.
- This global market is expected to surpass $30 trillion by 2030.
- Other projections estimate the global alternatives market AUM to reach $32 trillion by 2030, encompassing private equity, private credit, infrastructure, real estate, hedge funds, and natural resources.
- Specifically, the global alternative investment funds (AIFs) market was valued at $12.8 trillion in 2023 and is projected to reach $25.8 trillion by 2032, growing at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2032. In 2024, the global Alternative Investment Funds Market size was valued at over $13.81 trillion and is expected to grow to $23.69 trillion in 2032 at a CAGR of 8.0%.
For the United States:
- The U.S. asset management market as a whole is valued at approximately USD 140 trillion.
- Within the U.S. asset management market, alternative assets are projected to experience the fastest growth, with a 14.62% CAGR from 2026 to 2031.
- The overall U.S. asset management market size is projected at USD 70.97 trillion in 2026 and is forecast to reach USD 125.98 trillion by 2031.
While Resolute Management's services are specialized within "operating management" for businesses within the alternative asset space, these figures for the global and U.S. alternative asset management markets represent the broad addressable market in which the company operates and seeks to grow its managed assets.
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Resolute Management (RHLD) is an alternative asset management platform company that derives its revenue primarily from management fees based on the adjusted EBITDA of its managed entities. Over the next 2-3 years, several key drivers are expected to fuel its revenue growth:
- New Management Agreement with Husky Holdings LLC: A significant driver of future revenue growth is the management agreement with Husky Holdings LLC, which commenced in January 2026. This agreement is anticipated to substantially increase Resolute Management's fee stream and overall profitability. Husky, a manufacturer of industrial equipment, is projected to generate considerable adjusted EBITDA, translating into an estimated $10 million in additional quarterly management fees for RHLD.
- Organic Growth and Operational Improvements of Managed Businesses: Resolute Management's revenue is directly tied to the Adjusted EBITDA of its managed companies, which currently include CompoSecure and Husky. Therefore, growth in the underlying businesses through increased sales, market expansion, enhanced operational efficiencies, and the implementation of Resolute's Operating System (ROS) are expected to drive higher management fees for RHLD.
- Accretive Investments and Diversifying Acquisitions by Managed Businesses: Resolute Management provides oversight of capital allocation strategy and M&A sourcing and execution for its managed businesses. Growth achieved through accretive investments and strategic acquisitions made by CompoSecure and Husky will expand their respective Adjusted EBITDAs, consequently increasing the management fees collected by RHLD.
- Expansion to New Managed Entities: The company's stated primary business objective includes providing operating management services to "any other companies we may manage in the future," both domestically and internationally. This strategic focus on identifying and integrating new businesses into its management platform is a fundamental driver for expanding Resolute Management's fee-generating base over the coming years.
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Share Issuance
- Resolute Holdings Management, Inc. was spun off from CompoSecure, Inc. in February 2025, establishing its initial share structure.
- As of March 10, 2026, the company reported 8,474,010 common shares outstanding.
Inbound Investments
- The company's initial capital formation was through its spin-off from CompoSecure, Inc. in February 2025.
- Prior to the spin-off, for the fiscal year ended December 31, 2024, Resolute Holdings had only immaterial amounts of cash and no operations or revenues.
- Various institutional investors acquired new stakes in Resolute Holdings Management in the fourth quarter (likely 2025), with individual amounts ranging from approximately $27,000 to $86,000.
Outbound Investments
- Resolute Holdings Management operates as an alternative asset management platform focused on providing operating management services, including oversight of capital allocation strategy and M&A sourcing and execution, for its managed businesses such as GPGI, Inc. and Husky Holdings LLC.
- Resolute Holdings does not own equity in GPGI, Husky, or GPGI Holdings, indicating its role as a manager rather than a direct equity investor in these entities.
Capital Expenditures
- Resolute Holdings had no operations or revenues for the fiscal year ended December 31, 2024.
- Following its spin-off, Resolute Holdings has incurred and expects to continue incurring significant costs for initial resource investments to build capabilities required for its management agreements.
Peer Outperformance in Diversified Support Services
null| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Construction & Engineering | 31 | 6.7% | 106.6% | 186.1% | CDNL 2524% · FIX 2164% · STRL 2119% |
| Marine Transportation | 5 | 71.5% | 63.4% | 169.6% | HOS 47268% · MATX 180% · KEX 170% |
| Construction Machinery & Heavy Transportation Equipment | 13 | 9.8% | 60.5% | 118.8% | CAT 328% · ALSN 281% · WAB 223% |
| Aerospace & Defense | 55 | -2.4% | 55.8% | 73.2% | ATI 1049% · FTAI 890% · HWM 641% |
| Passenger Ground Transportation | 3 | -20.8% | 32.6% | 54.0% | UBER 82% · CAR 54% · LYFT -70% |
| Rail Transportation | 7 | 34.2% | 69.5% | 45.3% | FSTR 140% · CSX 70% · UNP 54% |
| Trading Companies & Distributors | 19 | 2.8% | 34.1% | 38.5% | DXPE 563% · AIT 286% · WCC 214% |
| Industrial Machinery & Supplies & Components | 71 | 4.4% | 44.2% | 35.8% | CRS 1402% · PSIX 946% · GHM 595% |
| Cargo Ground Transportation | 16 | 39.9% | 3.6% | 34.1% | XPO 256% · R 249% · CVLG 230% |
| Diversified Support Services ← | 33 | 9.3% | 25.8% | 27.6% | LIME 3705% · TH 395% · WLFC 371% |
| Electrical Components & Equipment | 41 | 14.2% | 53.1% | 19.9% | POWL 2198% · BE 1218% · VRT 916% |
| Building Products | 33 | -11.6% | -1.2% | 11.8% | LMB 580% · GFF 397% · PPIH 297% |
| Agricultural & Farm Machinery | 17 | 14.7% | -0.7% | -6.3% | BLBD 222% · DE 99% · GENC 58% |
| Industrial Conglomerates | 17 | 8.0% | 11.8% | -6.6% | RCMT 548% · CSW 130% · CSL 75% |
| Environmental & Facilities Services | 29 | -11.4% | 23.5% | -10.9% | CECO 996% · ADUR 387% · NVRI 365% |
| Research & Consulting Services | 13 | -10.0% | -23.6% | -11.5% | HURN 204% · CRAI 92% · GRNQ 65% |
| Data Processing & Outsourced Services | 6 | -32.6% | -15.0% | -26.0% | EXLS 42% · BR 9% · G -26% |
| Passenger Airlines | 11 | -0.4% | -4.8% | -28.5% | LTM 3259% · UAL 140% · SKYW 121% |
| Office Services & Supplies | 9 | 8.3% | 26.9% | -33.0% | PBI 195% · TILE 142% · HNI 53% |
| Human Resource & Employment Services | 22 | 5.3% | -22.2% | -38.2% | BBSI 82% · ADP 47% · PAYX 22% |
| Security & Alarm Services | 10 | -33.0% | 5.7% | -38.5% | CIX 142% · MG 111% · NL 72% |
| Air Freight & Logistics | 12 | -9.8% | -25.0% | -39.5% | CHRW 94% · FDX 66% · EXPD 59% |
| Airport Services | 3 | -69.9% | -80.2% | -58.7% | JOBY -32% · ASLE -59% · UP -100% |
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Resolute Management Earnings Notes | 12/16/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 126.66 |
| Mkt Cap | 52.6 |
| Rev LTM | 9,800 |
| Op Inc LTM | 1,367 |
| FCF LTM | 1,588 |
| FCF 3Y Avg | 4,240 |
| CFO LTM | 1,700 |
| CFO 3Y Avg | 4,352 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 27.9% |
| Rev Chg 3Y Avg | 23.6% |
| Rev Chg Q | 22.8% |
| QoQ Delta Rev Chg LTM | 5.7% |
| Op Inc Chg LTM | 66.7% |
| Op Inc Chg 3Y Avg | 46.0% |
| Op Mgn LTM | 13.7% |
| Op Mgn 3Y Avg | 20.0% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 13.5% |
| CFO/Rev 3Y Avg | 26.3% |
| FCF/Rev LTM | 12.5% |
| FCF/Rev 3Y Avg | 25.5% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2022 | 2021 |
|---|---|---|---|---|
| GPGI Holdings | 462 | 421 | ||
| Resolute Holdings | 12 | 0 | ||
| Intercompany/Eliminations | -12 | 0 | ||
| Single segment | 378 | 268 | ||
| Total | 462 | 421 | 378 | 268 |
| $ Mil | 2025 | 2024 |
|---|---|---|
| GPGI Holdings | 147 | 127 |
| Intercompany/Eliminations | 2 | 2 |
| Resolute Holdings | -5 | -2 |
| Total | 143 | 127 |
| $ Mil | 2025 | 2024 |
|---|---|---|
| GPGI Holdings | 138 | 110 |
| Intercompany/Eliminations | 2 | 2 |
| Resolute Holdings | -6 | -2 |
| Total | 134 | 110 |
| $ Mil | 2025 | 2024 |
|---|---|---|
| GPGI Holdings | 324 | 202 |
| Resolute Holdings | 13 | 0 |
| Intercompany/Eliminations | -4 | 0 |
| Total | 333 | 202 |
Price Behavior
| Market Price | $128.31 | |
| Market Cap ($ Bil) | 1.0 | |
| First Trading Date | 02/28/2025 | |
| Distance from 52W High | -43.3% | |
| 50 Days | 200 Days | |
| DMA Price | $132.29 | $124.48 |
| DMA Trend | up | up |
| Distance from DMA | -3.0% | 3.1% |
| 3M | 1YR | |
| Volatility | 64.9% | 123.9% |
| Downside Capture | 184.65 | 234.79 |
| Upside Capture | 157.02 | 266.03 |
| Correlation (SPY) | 30.8% | 18.2% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.69 | 1.73 | 1.11 | 2.03 | 1.71 | -0.19 |
| Up Beta | 3.85 | 2.58 | 2.48 | 1.85 | 0.58 | 0.11 |
| Down Beta | -1.34 | 1.40 | -0.43 | 0.97 | 0.51 | -0.01 |
| Up Capture | 126% | 106% | 157% | 253% | 629% | 195% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 14 | 22 | 35 | 64 | 132 | 193 |
| Down Capture | -30% | 185% | 94% | 223% | 160% | 102% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 7 | 20 | 29 | 63 | 119 | 180 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with RHLD | |
|---|---|---|---|---|
| RHLD | 87.9% | 123.6% | 0.96 | - |
| Sector ETF (XLI) | 14.8% | 17.2% | 0.63 | 18.9% |
| Equity (SPY) | 17.6% | 12.8% | 0.99 | 18.3% |
| Gold (GLD) | 18.7% | 29.2% | 0.59 | 10.9% |
| Commodities (DBC) | 47.9% | 20.4% | 1.81 | -7.3% |
| Real Estate (VNQ) | 6.6% | 13.6% | 0.22 | 9.1% |
| Bitcoin (BTCUSD) | -29.9% | 43.8% | -0.68 | 7.3% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with RHLD | |
|---|---|---|---|---|
| RHLD | 21.6% | 116.5% | 1.00 | - |
| Sector ETF (XLI) | 12.0% | 17.6% | 0.52 | 18.3% |
| Equity (SPY) | 12.4% | 17.2% | 0.55 | 15.1% |
| Gold (GLD) | 18.5% | 18.8% | 0.80 | 7.7% |
| Commodities (DBC) | 11.5% | 19.5% | 0.46 | -6.2% |
| Real Estate (VNQ) | 0.7% | 18.9% | -0.07 | 11.5% |
| Bitcoin (BTCUSD) | 9.9% | 52.6% | 0.37 | 10.3% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with RHLD | |
|---|---|---|---|---|
| RHLD | 10.3% | 116.5% | 1.00 | - |
| Sector ETF (XLI) | 13.1% | 20.1% | 0.57 | 18.3% |
| Equity (SPY) | 15.1% | 17.9% | 0.71 | 15.1% |
| Gold (GLD) | 12.2% | 16.3% | 0.61 | 7.7% |
| Commodities (DBC) | 8.4% | 18.1% | 0.38 | -6.2% |
| Real Estate (VNQ) | 4.6% | 20.7% | 0.19 | 11.5% |
| Bitcoin (BTCUSD) | 63.4% | 66.2% | 1.03 | 10.3% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 9/9/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/6/2026 | -5.5% | -5.6% | 1.7% |
| 5/7/2026 | -22.7% | -24.1% | -15.0% |
| 3/12/2026 | -25.1% | 0.4% | 3.2% |
| 11/3/2025 | 96.8% | 136.3% | 160.2% |
| 8/7/2025 | 17.4% | 41.6% | 65.0% |
| 5/12/2025 | 5.8% | 19.6% | 41.6% |
| SUMMARY STATS | |||
| # Positive | 3 | 4 | 5 |
| # Negative | 3 | 2 | 1 |
| Median Positive | 17.4% | 30.6% | 41.6% |
| Median Negative | -22.7% | -14.9% | -15.0% |
| Max Positive | 96.8% | 136.3% | 160.2% |
| Max Negative | -25.1% | -24.1% | -15.0% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/6/2026 | -5.5% | -5.6% | 1.7% |
| 5/7/2026 | -22.7% | -24.1% | -15.0% |
| 3/12/2026 | -25.1% | 0.4% | 3.2% |
| 11/3/2025 | 96.8% | 136.3% | 160.2% |
| 8/7/2025 | 17.4% | 41.6% | 65.0% |
| 5/12/2025 | 5.8% | 19.6% | 41.6% |
| SUMMARY STATS | |||
| # Positive | 3 | 4 | 5 |
| # Negative | 3 | 2 | 1 |
| Median Positive | 17.4% | 30.6% | 41.6% |
| Median Negative | -22.7% | -14.9% | -15.0% |
| Max Positive | 96.8% | 136.3% | 160.2% |
| Max Negative | -25.1% | -24.1% | -15.0% |
Insider Activity
Updated 8/24/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Schoen, Kurt | Chief Financial Officer | Direct | Buy | 8242026 | 117.84 | 375 | 44,190 | 380,034 | Form |
| 2 | Mikkilineni, Krishna | Direct | Buy | 5152026 | 108.52 | 921 | 99,990 | 124,298 | Form | |
| 3 | Schoen, Kurt | Chief Financial Officer | Direct | Buy | 5152026 | 108.34 | 450 | 48,753 | 308,769 | Form |
| 4 | Thompson, Jane J | Direct | Sell | 3182026 | 124.42 | 1,850 | 230,177 | 780,487 | Form | |
| 5 | Schoen, Kurt | Chief Financial Officer | Direct | Buy | 3182026 | 141.51 | 500 | 70,755 | 339,624 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Schoen, Kurt | Chief Financial Officer | Direct | Buy | 8242026 | 117.84 | 375 | 44,190 | 380,034 | Form |
| 2 | Mikkilineni, Krishna | Direct | Buy | 5152026 | 108.52 | 921 | 99,990 | 124,298 | Form | |
| 3 | Schoen, Kurt | Chief Financial Officer | Direct | Buy | 5152026 | 108.34 | 450 | 48,753 | 308,769 | Form |
| 4 | Thompson, Jane J | Direct | Sell | 3182026 | 124.42 | 1,850 | 230,177 | 780,487 | Form | |
| 5 | Schoen, Kurt | Chief Financial Officer | Direct | Buy | 3182026 | 141.51 | 500 | 70,755 | 339,624 | Form |
| 6 | Cote, John D | Spouse | Buy | 3182026 | 142.29 | 552 | 78,545 | 78,545 | Form | |
| 7 | Schoen, Kurt | Chief Financial Officer | Direct | Buy | 11202025 | 149.23 | 900 | 134,307 | 283,537 | Form |
| 8 | Mahoney, Timothy O | Direct | Buy | 11202025 | 152.98 | 3,268 | 499,985 | 1,408,534 | Form | |
| 9 | Mahoney, Timothy O | Direct | Buy | 11122025 | 168.52 | 5,939 | 1,000,869 | 1,000,869 | Form | |
| 10 | Schoen, Kurt | Chief Financial Officer | Direct | Buy | 11122025 | 164.95 | 1,000 | 164,950 | 164,950 | Form |
Investor Activity (13F)
Updated Sep 11, 2026Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
| Active Manager | Value | % of Portfolio | Total Positions | QoQ | Filing |
|---|---|---|---|---|---|
| Tikvah Management LLC | $31.9 Mil | 9.9% | 21 | ADD +6.9% | 13F |
| Nine Ten Capital Management LLC | $15.1 Mil | 4.8% | 8 | Hold | 13F |
| Newtyn Management, LLC | $39.3 Mil | 4.2% | 33 | Hold | 13F |
| Ratan Capital Management LP | $6.5 Mil | 2.4% | 37 | New | 13F |
| Locust Wood Capital Advisers, LLC | $87.1 Mil | 2.4% | 27 | Hold | 13F |
| Active Manager |
|---|
| Active Manager | Value | % of Portfolio | Total Positions | QoQ | Filing |
|---|---|---|---|---|---|
| Locust Wood Capital Advisers, LLC | $87.1 Mil | 2.4% | 27 | Hold | 13F |
| Newtyn Management, LLC | $39.3 Mil | 4.2% | 33 | Hold | 13F |
| Tikvah Management LLC | $31.9 Mil | 9.9% | 21 | ADD +6.9% | 13F |
| Nine Ten Capital Management LLC | $15.1 Mil | 4.8% | 8 | Hold | 13F |
| Ratan Capital Management LP | $6.5 Mil | 2.4% | 37 | New | 13F |
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Diversified Support Services Resources |
| Facilities Management Journal (FMJ) |
| Supply Chain Brain |
| Corporate Services News |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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