Company Description
Chicago Rivet & Machine Co. (NYSE American: CVR) is a manufacturing company in the fastener industry in North America. According to available information, the company operates in the iron and steel forging space and focuses on fasteners and related assembly equipment. It is based in Warrenville, Illinois, and its common stock trades on the NYSE American exchange under the symbol CVR.
Chicago Rivet & Machine Co. reports that it operates through two primary segments: fasteners and assembly equipment. The fastener segment consists of the manufacture and sale of rivets, cold-formed fasteners, parts, and screw machine products. The assembly equipment segment consists mainly of the manufacture of automatic rivet setting machines, automatic assembly equipment, and parts and tools for such machines. The company states that the majority of its revenue is derived from the fastener segment.
Business segments and operations
In its fastener segment, Chicago Rivet & Machine Co. manufactures and sells rivets and other cold-formed fasteners, as well as parts and screw machine products. These products are part of the broader fastener industry and are used where permanent or semi-permanent mechanical fastening is required. The company’s reporting emphasizes that this segment accounts for most of its net sales.
The assembly equipment segment focuses on automatic rivet setting machines and automatic assembly equipment, together with associated parts and tools for such machines. By producing both fasteners and the equipment used to install or assemble them, Chicago Rivet & Machine Co. positions itself as a supplier of fastener products and related machinery within its niche.
Financial reporting and performance snapshots
Chicago Rivet & Machine Co. periodically releases summaries of its consolidated results of operations. For example, it has reported quarterly net sales, income or loss before income taxes, and net income or loss per common share for the first, second, and third quarters of 2025. These releases show the company’s focus on net sales performance and profitability over three-month and year-to-date periods, with all figures subject to year-end audit.
The company’s public reports include metrics such as net sales, income (loss) before income taxes, net income (loss), and net income (loss) per common share, along with the average common shares outstanding. These disclosures provide investors with a view of how the fastener and assembly equipment operations contribute to overall financial results over time.
Dividends and capital return
Chicago Rivet & Machine Co. has announced quarterly cash dividends in multiple press releases. In 2025, its Board of Directors declared quarterly cash dividends of $0.03 per share, with payments scheduled for June, September, and December to shareholders of record on specified dates. The company states that, with respect to the payment of future dividends, the Board will continue to consider factors such as current profitability, the outlook for long-term profitability, known and potential cash requirements, and the overall financial condition of the company, and that any dividend declared will be solely at the discretion of the Board of Directors.
Industry and sector classification
According to the provided classification, Chicago Rivet & Machine Co. operates in the iron and steel forging industry within the manufacturing sector. Its activities in the fastener industry and its production of rivets, cold-formed fasteners, screw machine products, and automatic rivet setting and assembly equipment place it in a specialized manufacturing niche focused on mechanical fastening solutions and related machinery.
Stock information
Chicago Rivet & Machine Co. is listed on the NYSE American exchange under the ticker symbol CVR. Public disclosures such as quarterly earnings releases and dividend announcements are distributed via newswire services, providing shareholders and potential investors with information about the company’s operating results, dividend decisions, and other corporate updates.
Risk and outlook considerations
In its public statements accompanying dividend announcements, the company notes that the Board of Directors evaluates future dividends in light of profitability, long-term outlook, cash requirements, and financial condition. The company also references factors that can affect its business, such as sales with major customers, export-related risks, the price and availability of raw materials, supply chain disruptions, labor relations issues, potential losses related to product liability, warranty and recall claims, costs relating to environmental laws and regulations, information systems disruptions, and the loss of services of key employees. These factors are cited as considerations that may influence future performance and decisions.
Use of Chicago Rivet & Machine Co. information for investors
Investors reviewing Chicago Rivet & Machine Co. typically focus on its segment structure (fasteners and assembly equipment), its net sales and profitability trends as reported in quarterly results, and its dividend history and Board policy regarding future dividends. Because the company operates in a defined manufacturing niche, its disclosures about segment performance and risk factors provide context for understanding how changes in demand, input costs, and operational conditions may affect its results.
Stock Performance
Chicago Rivet (CVR) stock last traded at $10.01, up 2.40% from the previous close. Over the past 12 months, the stock has gained 1.0%. At a market capitalization of $9.6M, CVR is classified as a micro-cap stock with approximately 966.1K shares outstanding.
Latest News
Chicago Rivet has 10 recent news articles. Of the recent coverage, 7 articles coincided with positive price movement and 2 with negative movement. Key topics include dividends, earnings. View all CVR news →
SEC Filings
Chicago Rivet has filed 5 recent SEC filings, including 1 Form 4, 1 Form DEF 14A, 1 Form ARS, 1 Form 10-K. The most recent filing was submitted on April 2, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all CVR SEC filings →
Financial Highlights
Chicago Rivet generated $27.9M in revenue over the trailing twelve months, retaining a 14.8% gross margin, operating income reached -$1.2M (-4.3% operating margin), and net income was -$1.1M, reflecting a -3.9% net profit margin. Diluted earnings per share stood at $-1.12. The company generated -$1.2M in operating cash flow. With a current ratio of 5.21, the balance sheet reflects a strong liquidity position.
Upcoming Events
Short Interest History
Short interest in Chicago Rivet (CVR) currently stands at 1.5 thousand shares, down 31.9% from the previous reporting period, representing 0.2% of the float. Over the past 12 months, short interest has increased by 16.8%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Chicago Rivet (CVR) currently stands at 1.0 days, down 55.4% from the previous period. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The ratio has shown significant volatility over the period, ranging from 1.0 to 39.5 days.
CVR Company Profile & Sector Positioning
Chicago Rivet (CVR) operates in the Tools & Accessories industry within the broader Metalworkg Machinery & Equipment sector and is listed on the NYSE.
Investors comparing CVR often look at related companies in the same sector, including Eastern Co (EML), Kennametal (KMT), HILLMAN SOLUTIONS CORP (HLMN), GreenPower Mtr Co Inc (GP), and Avalon Holdings (AWX). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate CVR's relative position within its industry.