A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
Koppers Holdings Inc.
KOP
$1.0B
Mkt Cap
$50.22
+0.52%
Koppers Holdings Inc. (KOP) has a current P/E ratio of 18.3, compared to its historical median P/E of 12.0. The stock is currently considered Fair based on its historical valuation range.
Koppers Holdings Inc. (KOP) has a 5-year average return on invested capital (ROIC) of 7.2%. This is below average and may indicate limited pricing power.
Koppers Holdings Inc. (KOP) has a market capitalization of $966M. It is classified as a small-cap stock.
Yes, Koppers Holdings Inc. (KOP) pays a dividend with a trailing twelve-month yield of 0.72%. The company also returns capital through share buybacks, with a buyback yield of 4.98%.
Based on historical P/E analysis, Koppers Holdings Inc. (KOP) appears fair. The current P/E of 18.3 is 52% above its historical median of 12.0. The estimated fair value CAGR (P/E method) is -3.3%.
Koppers Holdings Inc. (KOP) operates in the Lumber & Wood Products (No Furniture) industry, within the Materials sector.
Koppers Holdings Inc. (KOP) reported annual revenue of $1.9 billion in its most recent fiscal year, based on SEC EDGAR filings.
In this report, unless otherwise noted or the context otherwise requires, (i) the term Koppers, Koppers Holdings, the Company, we or us refers to Koppers Holdings Inc. and its consolidated subsidiaries, (ii) the term KH refers to Koppers Holdings Inc. and not any of its subsidiaries and (iii) the term KI refers to Koppers Inc. and not any of its subsidiaries. Koppers Inc. is a wholly-owned subsidiary of Koppers Holdings Inc. Koppers Holdings Inc. has substantially no operations independent of Koppers Inc. and its subsidiaries. The use of these terms is not intended to imply that Koppers Holdings Inc. and Koppers Inc. are not separate and distinct legal entities from each other and from their respective subsidiaries. Koppers Holdings Inc. was incorporated in November 2004 as a holding company for Koppers Inc. We are a leading integrated global provider of treated wood products, wood preservation chemicals and carbon compounds.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 1.9B | 1.9B | 2.1B | 2.2B | 2.0B | 1.7B |
| Net Income | 77M | 56M | 52M | 89M | 63M | 85M |
| EPS | $3.94 | $2.74 | $2.46 | $4.14 | $2.98 | $3.88 |
| Free Cash Flow | 139M | 68M | 42M | 26M | -3.0M | -22M |
| ROIC | 5.5% | 5.3% | 4.9% | 8.6% | 7.6% | 9.6% |
| Gross Margin | - | 23.8% | 20.2% | 19.7% | 17.4% | 19.9% |
| Debt/Equity | 3.00 | 3.05 | 3.58 | 3.33 | 2.26 | 2.15 |
| Dividends/Share | $0.36 | $0.32 | $0.28 | $0.24 | $0.20 | $0.00 |
| Operating Income | 163M | 168M | 148M | 195M | 138M | 157M |
| Operating Margin | 8.7% | 8.9% | 7.1% | 9.1% | 7.0% | 9.3% |
| ROE | 14.0% | 10.5% | 10.6% | 19.9% | 15.7% | 22.8% |
| Shares Outstanding | 19M | 20M | 21M | 22M | 21M | 22M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 1.6B | 1.6B | 1.4B | 1.5B | 1.6B | 1.6B | 1.7B | 1.7B | 2.0B | 2.2B | 2.1B | 1.9B | 1.9B |
| Gross Margin | 13.6% | 16.0% | 20.5% | 21.8% | 19.3% | 20.2% | 21.6% | 19.9% | 17.4% | 19.7% | 20.2% | 23.8% | N/A |
| R&D | 3.4M | 5.2M | 6.6M | 9.0M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 116M | 125M | 126M | 133M | 158M | 148M | 143M | 149M | 153M | 174M | 179M | 155M | 156M |
| EBIT | 33M | -30M | 93M | 124M | 84M | 125M | 157M | 157M | 138M | 195M | 148M | 168M | 163M |
| Op. Margin | 2.1% | -1.8% | 6.6% | 8.4% | 5.4% | 7.6% | 9.4% | 9.3% | 7.0% | 9.1% | 7.1% | 8.9% | 8.7% |
| Net Income | -32M | -72M | 29M | 29M | 23M | 67M | 122M | 85M | 63M | 89M | 52M | 56M | 77M |
| Net Margin | -2.1% | -4.4% | 2.1% | 2.0% | 1.5% | 4.1% | 7.3% | 5.1% | 3.2% | 4.1% | 2.5% | 3.0% | 4.1% |
| Non-Recurring | 18M | 91M | 4.8M | 4.7M | -6.5M | 3.4M | 2.9M | 33M | 2.5M | 1.8M | 6.2M | 69M | 40M |
| Returns on Capital | |||||||||||||
| ROIC | 3.2% | -9.3% | 9.7% | 10.6% | 5.8% | 11.7% | 11.5% | 9.6% | 7.6% | 8.6% | 4.9% | 5.3% | 5.5% |
| ROE | -27.0% | -279.6% | 492.4% | 44.7% | 30.0% | 65.5% | 49.9% | 22.8% | 15.7% | 19.9% | 10.6% | 10.5% | 14.0% |
| ROA | -3.1% | -6.0% | 2.7% | 2.5% | 1.7% | 4.4% | 7.7% | 5.2% | 3.8% | 5.0% | 2.8% | 3.0% | 4.1% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 36M | 128M | 120M | 102M | 78M | 115M | 127M | 103M | 102M | 146M | 119M | 123M | 192M |
| Free Cash Flow | -48M | 87M | 70M | 34M | -31M | 78M | 57M | -22M | -3.0M | 26M | 42M | 68M | 139M |
| Owner Earnings | -13M | 65M | 58M | 41M | 19M | 52M | 62M | 32M | 33M | 72M | 31M | 35M | -239M |
| CapEx | 84M | 41M | 50M | 68M | 110M | 37M | 70M | 125M | 105M | 121M | 77M | 55M | 52M |
| Maint. CapEx | 44M | 59M | 53M | 50M | 47M | 51M | 54M | 58M | 56M | 57M | 68M | 74M | 420M |
| Growth CapEx | 40M | 0 | 0 | 18M | 63M | 0 | 16M | 67M | 49M | 64M | 9.9M | 0 | 0 |
| D&A | 44M | 59M | 53M | 50M | 47M | 51M | 54M | 58M | 56M | 57M | 68M | 74M | 420M |
| CapEx/OCF | 236.1% | 31.9% | 41.8% | 66.3% | 140.1% | 32.3% | 54.9% | 121.4% | 102.9% | 82.5% | 64.8% | 44.9% | 27.2% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 20M | 8.7M | 0 | 0 | 0 | 0 | 0 | 0 | 4.2M | 5.0M | 5.9M | 6.4M | 7.0M |
| Dividend Yield | 2.8% | 2.0% | N/A | N/A | N/A | N/A | N/A | N/A | 0.8% | 0.7% | 0.7% | 1.1% | 0.7% |
| Share Buybacks | 2.0M | 300K | 300K | 5.2M | 32M | 900K | 1.6M | 12M | 24M | 20M | 51M | 38M | 48M |
| Buyback Yield | 0.4% | 0.1% | 0.0% | 0.5% | 8.8% | 0.1% | 0.3% | 1.7% | 4.1% | 1.8% | 7.5% | 6.9% | 5.0% |
| Stock-Based Comp | 4.7M | 3.8M | 8.9M | 11M | 13M | 12M | 11M | 13M | 13M | 17M | 21M | 14M | 11M |
| Debt Repayment | 0 | 41M | 32M | 547M | 20M | 30M | 71M | 10M | 2.0M | 501M | 5.7M | 4.9M | 4.9M |
| Balance Sheet | |||||||||||||
| Net Debt | 799M | 701M | 642M | 626M | 953M | 982M | 840M | 830M | 871M | 1.6B | 1.7B | 1.7B | 1.6B |
| Cash & Equiv. | 51M | 22M | 21M | 51M | 37M | 32M | 39M | 46M | 33M | 67M | 44M | 38M | 43M |
| Long-Term Debt | 807M | 682M | 620M | 666M | 979M | 891M | 766M | 782M | 818M | 835M | 926M | 914M | 915M |
| Debt/Equity | 12.15 | -39.04 | 21.79 | 6.78 | 17.62 | 6.89 | 2.57 | 2.15 | 2.26 | 3.33 | 3.58 | 3.05 | 3.00 |
| Interest Coverage | 0.8 | -0.6 | 1.8 | 2.9 | 1.6 | 2.0 | 3.2 | 3.9 | 3.1 | 2.7 | 1.9 | 2.5 | 2.5 |
| Equity | 70M | -19M | 30M | 100M | 56M | 147M | 342M | 407M | 399M | 499M | 489M | 574M | 550M |
| Total Assets | 1.3B | 1.1B | 1.1B | 1.2B | 1.5B | 1.6B | 1.6B | 1.7B | 1.7B | 1.8B | 1.9B | 1.9B | 1.9B |
| Total Liabilities | 1.2B | 1.1B | 1.1B | 1.1B | 1.4B | 1.4B | 1.3B | 1.3B | 1.3B | 1.3B | 1.4B | 1.3B | 1.3B |
| Intangibles | 168M | 156M | 142M | 130M | 188M | 168M | 150M | 132M | 116M | 102M | 119M | 107M | 103M |
| Retained Earnings | 18M | -54M | -25M | 7.4M | 27M | 94M | 216M | 301M | 360M | 444M | 490M | 539M | 544M |
| Working Capital | 249M | 164M | 145M | 226M | 242M | 223M | 272M | 342M | 313M | 373M | 355M | 442M | 422M |
| Current Assets | 541M | 444M | 438M | 507M | 540M | 520M | 565M | 628M | 637M | 699M | 681M | 669M | 669M |
| Current Liabilities | 292M | 281M | 293M | 281M | 299M | 296M | 292M | 286M | 324M | 326M | 326M | 227M | 247M |
| Per Share Data | |||||||||||||
| EPS | -1.58 | -3.51 | 1.39 | 1.32 | 1.10 | 3.16 | 5.71 | 3.88 | 2.98 | 4.14 | 2.46 | 2.74 | 3.94 |
| Owner EPS | -0.64 | 3.16 | 2.74 | 1.88 | 0.89 | 2.46 | 2.89 | 1.47 | 1.55 | 3.33 | 1.46 | 1.72 | -12.43 |
| Book Value | 3.41 | -0.90 | 1.44 | 4.53 | 2.64 | 6.99 | 15.99 | 18.52 | 18.77 | 23.16 | 22.94 | 28.09 | 28.58 |
| Cash Flow/Share | 1.73 | 6.23 | 5.67 | 4.62 | 3.68 | 5.47 | 5.95 | 4.69 | 4.81 | 6.78 | 5.61 | 5.99 | 25.82 |
| Dividends/Share | 1.00 | 0.42 | 0.00 | 0.00 | 0.00 | N/A | 0.00 | 0.00 | 0.20 | 0.24 | 0.28 | 0.32 | 0.36 |
| Shares Out. | 20.5M | 20.5M | 21.1M | 22.0M | 21.3M | 21.1M | 21.4M | 22.0M | 21.3M | 21.5M | 21.3M | 20.4M | 19.2M |
| Valuation | |||||||||||||
| P/E Ratio | N/A | N/A | 28.8 | 37.3 | 15.4 | 11.7 | 5.2 | 7.8 | 9.2 | 12.3 | 12.8 | 9.8 | 12.7 |
| P/FCF | N/A | 4.4 | 12.1 | 31.6 | N/A | 10.0 | 11.0 | N/A | N/A | 43.0 | 16.0 | 8.2 | 6.9 |
| EV/EBIT | 39.4 | N/A | 17.5 | 13.4 | 11.6 | 13.3 | 8.8 | 9.0 | 9.9 | 9.6 | 10.6 | 8.6 | 15.8 |
| Price/Book | 7.4 | N/A | 27.8 | 10.9 | 6.4 | 5.3 | 1.8 | 1.6 | 1.5 | 2.2 | 1.4 | 1.0 | 1.8 |
| Price/Sales | 0.5 | 0.3 | 0.4 | 0.6 | 0.4 | 0.4 | 0.3 | 0.4 | 0.3 | 0.4 | 0.4 | 0.3 | 0.5 |
| FCF Yield | -9.4% | 22.8% | 8.2% | 3.2% | -8.7% | 10.0% | 9.1% | -3.3% | -0.5% | 2.3% | 6.2% | 12.3% | 14.4% |
| Market Cap | 516M | 382M | 845M | 1.1B | 360M | 782M | 630M | 668M | 581M | 1.1B | 673M | 551M | 966M |
| Avg. Price | 35.24 | 20.89 | 27.00 | 40.69 | 35.25 | 27.57 | 21.75 | 32.07 | 25.54 | 35.50 | 42.21 | 29.26 | 50.22 |
| Year-End Price | 25.16 | 18.60 | 40.08 | 49.24 | 16.93 | 37.08 | 29.47 | 30.42 | 27.31 | 51.11 | 31.60 | 26.95 | 50.22 |
Koppers Holdings Inc. passes 2 of 9 quality checks, indicating weak fundamentals.
Koppers Holdings Inc. trades at 18.3x trailing earnings, compared to its 15-year median P/E of 12.0x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 14.6x vs a median of 12.1x. The company's 5-year average ROIC is 7.2% with a gross margin of 20.2%. Total shareholder yield (dividends + buybacks) is 5.7%. At current prices, the estimated annualized return to fair value is +0.9%.
Koppers Holdings Inc. (KOP) has a net profit margin of 3.0%. This is a modest margin.
Koppers Holdings Inc. (KOP) generated $68 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Koppers Holdings Inc. (KOP) has a debt-to-equity ratio of 3.05. This indicates higher leverage, which may increase financial risk.
Koppers Holdings Inc. (KOP) reported earnings per share (EPS) of $2.74 in its most recent fiscal year.
Koppers Holdings Inc. (KOP) has a return on equity (ROE) of 10.5%. This indicates moderate shareholder returns.
Koppers Holdings Inc. (KOP) has a 5-year average gross margin of 20.2%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 16 years of financial data for Koppers Holdings Inc. (KOP), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Koppers Holdings Inc. (KOP) has a book value per share of $28.09, based on its most recent annual SEC filing.