Koppers (KOP) Financials

$40.51 -0.17 (-0.42%)

Closing price 03:59 PM Eastern

Extended Trading

$40.48 -0.03 (-0.07%)

As of 04:10 PM Eastern

Annual Income Statements for Koppers

This table shows Koppers' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-72	29	29	23	67	122	85	63	89	52	56
Consolidated Net Income / (Loss)	-76	28	31	29	67	121	85	63	90	49	56
Net Income / (Loss) Continuing Operations	-76	27	31	5.50	64	89	85	64	90	49	56
Total Pre-Tax Income	-80	39	60	31	64	110	120	95	125	69	81
Total Operating Income	-33	93	124	84	125	157	157	138	195	148	168
Total Gross Profit	260	290	322	302	331	360	334	345	425	423	448
Total Revenue	1,627	1,416	1,476	1,563	1,637	1,669	1,679	1,981	2,154	2,092	1,879
Operating Revenue	1,627	1,416	1,476	1,563	1,637	1,669	1,679	1,981	2,154	2,092	1,879
Total Cost of Revenue	1,367	1,126	1,153	1,261	1,306	1,309	1,345	1,636	1,730	1,670	1,432
Operating Cost of Revenue	1,367	1,126	1,153	1,261	1,306	1,309	1,345	1,636	1,730	1,670	1,432
Total Operating Expenses	293	197	199	217	206	204	178	207	229	274	280
Selling, General & Admin Expense	125	126	133	158	148	143	149	153	174	179	155
Depreciation Expense	59	53	50	47	51	54	58	56	57	68	74
Restructuring Charge	42	20	16	4.00	6.00	6.50	2.20	0.00	0.00	17	52
Other Special Charges / (Income)	0.00	-2.10	0.00	8.30	0.00	0.00	-31	-2.50	-1.80	11	-0.40
Total Other Income / (Expense), net	-47	-55	-63	-53	-61	-47	-37	-42	-71	-79	-87
Interest Expense	51	51	56	54	62	49	41	45	71	76	66
Other Income / (Expense), net	3.40	-4.10	-7.50	0.90	0.40	2.30	3.60	2.50	0.40	-2.70	-21
Income Tax Expense	-4.20	11	29	26	0.00	21	35	32	35	21	25
Net Income / (Loss) Attributable to Noncontrolling Interest	-4.00	-1.60	1.40	5.80	0.80	-1.00	-0.30	-0.20	0.60	-3.80	0.00
Basic Earnings per Share	($3.51)	$1.42	$1.40	$1.12	$3.22	$5.81	$4.00	$3.02	$4.28	$2.54	$2.82
Weighted Average Basic Shares Outstanding	20.54M	20.64M	20.75M	20.87M	20.67M	20.99M	21.24M	20.98M	20.84M	20.66M	19.86M
Diluted Earnings per Share	($3.51)	$1.39	$1.32	$1.10	$3.16	$5.71	$3.88	$2.98	$4.14	$2.46	$2.74
Weighted Average Diluted Shares Outstanding	20.54M	21.06M	22M	21.33M	21.07M	21.37M	21.93M	21.31M	21.54M	21.29M	20.41M
Weighted Average Basic & Diluted Shares Outstanding	20.50M	20.60M	20.80M	20.90M	20.81M	21.10M	21.13M	20.83M	21.03M	20.49M	19.64M
Cash Dividends to Common per Share	$0.00	$0.00	-	-	-	-	-	$0.20	$0.24	$0.28	$0.32

This table shows Koppers' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	26	13	13	27	23	-10	-14	16	24	30	7.10
Consolidated Net Income / (Loss)	26	13	13	27	19	-10	-14	16	24	30	7.10
Net Income / (Loss) Continuing Operations	26	39	13	27	19	2.80	-14	16	24	30	7.10
Total Pre-Tax Income	35	20	17	37	30	-15	-17	24	36	39	7.90
Total Operating Income	53	37	35	58	50	6.40	27	39	52	50	22
Total Gross Profit	111	97	96	122	121	84	106	114	117	111	87
Total Revenue	550	513	498	563	554	477	457	505	485	433	455
Operating Revenue	550	513	498	563	554	477	457	505	485	433	455
Total Cost of Revenue	439	417	401	442	433	393	351	391	368	322	369
Operating Cost of Revenue	439	417	401	442	433	393	351	391	368	322	369
Total Operating Expenses	58	59	62	64	72	77	79	75	65	61	65
Selling, General & Admin Expense	44	45	46	46	44	44	41	40	38	37	42
Depreciation Expense	14	14	16	18	18	15	18	18	18	20	19
Restructuring Charge	-	-	0.00	0.00	0.00	-	20	18	10	4.10	7.80
Other Special Charges / (Income)	0.00	-	0.00	0.00	9.70	1.00	-0.30	0.00	-0.10	-	-4.30
Total Other Income / (Expense), net	-19	-18	-17	-21	-20	-21	-44	-15	-16	-11	-14
Interest Expense	19	18	17	21	20	18	17	17	17	16	15
Other Income / (Expense), net	0.20	0.20	-0.10	0.10	0.10	-2.80	-28	2.10	0.70	4.30	0.90
Income Tax Expense	8.30	6.70	4.40	10	11	-4.50	-3.30	7.50	12	9.00	0.80
Basic Earnings per Share	$1.27	$0.62	$0.61	$1.29	$1.12	($0.48)	($0.68)	$0.83	$1.21	$1.46	$0.36
Weighted Average Basic Shares Outstanding	20.83M	20.84M	21.07M	20.90M	20.41M	20.66M	20.37M	19.88M	19.65M	19.86M	19.55M
Diluted Earnings per Share	$1.22	$0.58	$0.59	$1.25	$1.09	($0.47)	($0.68)	$0.81	$1.17	$1.44	$0.35
Weighted Average Diluted Shares Outstanding	21.66M	21.54M	21.91M	21.56M	20.96M	21.29M	20.37M	20.24M	20.21M	20.41M	20.12M
Weighted Average Basic & Diluted Shares Outstanding	20.82M	21.03M	21.20M	20.52M	20.27M	20.49M	20.01M	19.72M	19.61M	19.64M	19.23M

This table details how cash moves in and out of Koppers' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-29	-1.00	40	-14	-5.10	6.20	7.00	-12	33	-23	-5.90
Net Cash From Operating Activities	128	120	102	78	115	127	103	102	146	119	123
Net Cash From Continuing Operating Activities	128	120	102	78	115	127	103	102	146	119	123
Net Income / (Loss) Continuing Operations	-76	28	31	29	67	121	85	63	90	49	56
Consolidated Net Income / (Loss)	-76	28	31	29	67	121	85	63	90	49	56
Depreciation Expense	59	53	50	51	55	54	58	56	57	72	93
Amortization Expense	3.60	5.70	2.10	2.40	2.60	2.60	2.70	2.80	4.90	3.30	3.70
Non-Cash Adjustments To Reconcile Net Income	91	17	35	26	5.50	-35	-17	22	15	40	-5.40
Changes in Operating Assets and Liabilities, net	50	17	-16	-30	-15	-16	-26	-41	-21	-44	-25
Net Cash From Investing Activities	-41	-54	-57	-376	-34	5.60	-90	-115	-116	-173	-73
Net Cash From Continuing Investing Activities	-41	-54	-57	-376	-34	5.60	-90	-115	-116	-173	-73
Purchase of Property, Plant & Equipment	-41	-50	-68	-110	-37	-70	-125	-105	-121	-77	-55
Acquisitions	-15	-3.80	0.00	-268	-	0.00	0.00	-15	0.00	-99	-21
Sale of Property, Plant & Equipment	-	-	-	-	-	-	-	4.40	2.80	2.40	5.20
Divestitures	15	-	1.50	-	0.40	75	29	0.00	0.00	0.00	4.80
Sale and/or Maturity of Investments	-	0.00	0.00	1.50	3.00	-	6.10	-	1.70	1.00	2.20
Other Investing Activities, net	0.00	0.00	9.50	-	-	0.70	-	0.80	0.00	0.00	-9.20
Net Cash From Financing Activities	-123	-63	-5.90	283	-89	-129	-4.00	4.80	2.60	36	-59
Net Cash From Continuing Financing Activities	-123	-63	-5.90	283	-89	-129	-4.00	4.80	2.60	36	-59
Repayment of Debt	-728	-63	-558	-23	-31	-128	-276	-413	-1,403	-719	-574
Repurchase of Common Equity	-0.30	-0.30	-5.20	-32	-0.90	-1.60	-12	-24	-20	-51	-38
Payment of Dividends	-8.70	-	-	-	-	0.00	0.00	-4.20	-5.00	-5.90	-6.40
Issuance of Debt	613	0.00	554	335	-61	-	281	444	1,421	807	558
Issuance of Common Equity	0.00	0.40	2.70	2.90	4.00	1.10	2.40	1.10	9.90	5.30	1.40
Effect of Exchange Rate Changes	7.50	-4.10	0.10	-4.40	-0.40	1.50	-2.50	-4.50	0.50	-4.40	2.80
Cash Interest Paid	44	43	38	50	61	50	38	41	70	79	64
Cash Income Taxes Paid	26	12	17	26	17	13	23	21	34	28	9.40

This table details how cash moves in and out of Koppers' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	5.30	13	-18	-0.10	-4.40	-0.60	-11	5.10	-0.50	0.10	4.80
Net Cash From Operating Activities	82	67	-12	27	30	75	-23	51	50	45	46
Net Cash From Continuing Operating Activities	82	67	-12	27	30	75	-23	51	50	45	46
Net Income / (Loss) Continuing Operations	26	13	13	27	19	-10	-14	16	24	30	7.10
Consolidated Net Income / (Loss)	26	13	13	27	19	-10	-14	16	24	30	7.10
Depreciation Expense	14	14	16	18	18	15	30	24	18	22	19
Amortization Expense	0.80	0.80	0.80	0.80	0.90	0.80	0.90	1.00	0.90	0.90	0.90
Non-Cash Adjustments To Reconcile Net Income	2.60	5.70	2.40	5.20	14	22	22	-1.70	-3.90	-22	3.70
Changes in Operating Assets and Liabilities, net	38	33	-45	-24	-22	47	-62	11	11	15	15
Net Cash From Investing Activities	-28	-28	-26	-116	-13	-19	-18	-22	0.80	-34	-11
Net Cash From Continuing Investing Activities	-28	-28	-26	-116	-13	-19	-18	-22	0.80	-34	-11
Purchase of Property, Plant & Equipment	-29	-29	-26	-17	-15	-19	-14	-12	-12	-17	-11
Sale of Property, Plant & Equipment	0.30	0.60	0.00	0.60	2.20	-0.40	2.10	0.40	-	2.70	0.00
Divestitures	-	-	0.00	-	-	-	-7.60	-	12	-	0.50
Sale and/or Maturity of Investments	0.70	0.90	-	0.50	-	-	2.20	-	-	-	0.00
Other Investing Activities, net	-	-	0.50	-	-	-	0.00	-	0.40	0.40	0.40
Net Cash From Financing Activities	-47	-29	23	89	-23	-53	29	-25	-51	-11	-31
Net Cash From Continuing Financing Activities	-47	-29	23	89	-23	-53	29	-25	-51	-11	-31
Repayment of Debt	-189	-147	-163	-263	-135	-158	-95	-141	-194	-143	-167
Repurchase of Common Equity	-3.90	-10	-6.90	-32	-10	-1.30	-19	-10	-4.10	-4.90	-29
Payment of Dividends	-1.30	-1.20	-1.50	-1.60	-1.50	-1.30	-1.60	-1.60	-1.50	-1.70	-2.20
Issuance of Debt	146	123	191	385	123	107	144	127	149	138	167
Issuance of Common Equity	1.40	6.70	3.50	0.60	0.40	0.80	0.30	0.30	0.50	0.30	0.10
Effect of Exchange Rate Changes	-1.60	3.10	-2.40	-0.10	1.80	-3.70	1.00	1.70	-0.30	0.40	0.00

This table presents Koppers' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	1,113	1,088	1,200	1,480	1,565	1,599	1,662	1,711	1,836	1,890	1,887
Total Current Assets	444	438	507	540	520	565	628	637	699	681	669
Cash & Equivalents	22	21	60	41	32	39	46	33	67	44	38
Accounts Receivable	165	146	159	190	162	175	183	216	202	192	159
Inventories, net	226	229	237	285	289	296	314	356	396	405	411
Other Current Assets	27	39	49	23	16	55	86	32	34	40	61
Plant, Property, & Equipment, net	278	281	328	418	359	409	489	557	632	661	651
Total Noncurrent Assets	391	369	366	522	682	625	545	517	505	549	567
Goodwill	187	186	188	297	296	298	296	294	294	317	329
Intangible Assets	156	142	130	188	168	150	132	116	102	119	107
Noncurrent Deferred & Refundable Income Taxes	37	27	18	16	24	18	15	12	10	8.40	7.00
Other Noncurrent Operating Assets	12	13	29	22	135	159	102	96	98	104	124
Total Liabilities & Shareholders' Equity	1,113	1,088	1,200	1,480	1,565	1,599	1,662	1,711	1,836	1,890	1,887
Total Liabilities	1,125	1,053	1,094	1,413	1,406	1,253	1,251	1,308	1,333	1,401	1,313
Total Current Liabilities	281	293	281	299	296	292	286	324	326	326	227
Short-Term Debt	40	43	11	12	10	10	2.00	0.00	5.00	4.90	4.90
Accounts Payable	141	144	142	177	163	154	172	207	203	179	122
Accrued Expenses	100	106	128	110	89	107	91	96	95	115	73
Other Current Liabilities	-	-	-	0.00	22	21	21	21	23	27	27
Total Noncurrent Liabilities	845	760	813	1,114	1,110	961	965	984	1,007	1,075	1,085
Long-Term Debt	682	620	666	979	891	766	782	818	835	926	914
Noncurrent Deferred & Payable Income Tax Liabilities	5.70	6.30	7.30	6.80	6.80	21	33	22	26	26	44
Noncurrent Employee Benefit Liabilities	54	52	46	48	47	46	39	35	32	15	14
Other Noncurrent Operating Liabilities	103	82	94	80	140	127	112	111	114	109	114
Commitments & Contingencies	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-12	35	106	67	159	346	411	403	503	489	574
Total Preferred & Common Equity	-19	30	100	56	147	342	407	399	499	489	574
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	-19	30	100	56	147	342	407	399	499	489	574
Common Stock	168	177	191	206	222	234	250	264	291	318	333
Retained Earnings	-54	-25	7.40	27	94	216	301	360	444	490	539
Treasury Stock	-53	-53	-58	-90	-91	-93	-104	-128	-148	-199	-237
Accumulated Other Comprehensive Income / (Loss)	-80	-69	-40	-87	-78	-16	-40	-97	-89	-121	-61
Noncontrolling Interest	6.10	4.20	5.90	11	11	4.30	4.20	3.60	4.10	0.30	0.30

This table presents Koppers' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	1,653	1,801	1,816	1,810	1,845	1,948	1,960	1,891	1,931	1,895	1,880
Total Current Assets	609	711	714	700	708	721	730	692	708	683	669
Cash & Equivalents	43	46	48	54	49	49	45	33	38	38	43
Accounts Receivable	233	242	258	242	218	224	238	205	212	192	181
Inventories, net	306	379	373	370	399	402	406	403	405	400	396
Other Current Assets	27	43	34	35	41	46	42	50	53	53	49
Plant, Property, & Equipment, net	527	576	595	608	641	671	673	655	655	647	646
Total Noncurrent Assets	517	514	507	503	497	555	556	544	568	565	566
Goodwill	292	294	294	293	293	319	320	318	319	317	329
Intangible Assets	119	112	109	105	99	127	123	115	112	108	103
Noncurrent Deferred & Refundable Income Taxes	12	12	11	11	9.80	9.40	9.90	8.30	8.40	8.80	6.50
Other Noncurrent Operating Assets	93	96	93	94	96	100	104	103	129	132	127
Total Liabilities & Shareholders' Equity	1,653	1,801	1,816	1,810	1,845	1,948	1,960	1,891	1,931	1,895	1,880
Total Liabilities	1,280	1,366	1,359	1,334	1,335	1,435	1,427	1,393	1,404	1,349	1,331
Total Current Liabilities	294	316	294	313	309	285	287	262	272	260	247
Short-Term Debt	0.00	0.00	4.00	4.00	4.00	5.00	5.00	4.90	4.90	4.90	4.90
Accounts Payable	187	219	195	206	195	184	170	148	169	156	143
Accrued Expenses	87	76	73	81	88	72	87	82	72	71	70
Other Current Liabilities	19	21	22	22	22	24	26	27	27	27	28
Total Noncurrent Liabilities	987	1,050	1,065	1,021	1,027	1,150	1,140	1,130	1,131	1,089	1,084
Long-Term Debt	819	881	902	860	865	987	976	976	963	918	915
Noncurrent Deferred & Payable Income Tax Liabilities	21	23	22	23	28	29	27	35	36	37	44
Noncurrent Employee Benefit Liabilities	37	35	35	35	28	28	25	14	13	13	13
Other Noncurrent Operating Liabilities	110	110	106	104	105	107	112	105	119	121	112
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	372	435	457	476	510	513	533	498	527	546	550
Total Preferred & Common Equity	369	431	453	472	506	509	532	498	527	546	550
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	369	431	453	472	506	509	532	498	527	546	550
Common Stock	261	269	274	280	300	306	312	324	326	329	337
Retained Earnings	347	384	407	432	455	481	502	475	489	511	544
Treasury Stock	-123	-133	-134	-137	-155	-187	-197	-218	-228	-232	-266
Accumulated Other Comprehensive Income / (Loss)	-117	-90	-95	-103	-95	-91	-85	-83	-61	-63	-66
Noncontrolling Interest	3.50	4.30	4.00	4.00	4.10	4.10	0.30	0.30	0.30	0.30	0.00

This table displays calculated financial ratios and metrics derived from Koppers' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	20,553,284.00	20,662,903.00	20,745,461.00	20,508,315.00	20,698,315.00	21,065,417.00	21,306,315.00	-	-	-	19,613,926.00
DEI Adjusted Shares Outstanding	20,553,284.00	20,662,903.00	20,745,461.00	20,508,315.00	20,698,315.00	21,065,417.00	21,306,315.00	-	-	-	19,613,926.00
DEI Earnings Per Adjusted Shares Outstanding	-3.50	1.42	1.40	1.14	3.22	5.79	4.00	-	-	-	2.86
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	4.62%	-12.95%	4.19%	5.91%	4.75%	1.96%	0.57%	17.99%	8.77%	-2.88%	-10.17%
EBITDA Growth	-59.21%	345.48%	13.59%	-17.56%	32.20%	17.80%	2.23%	-9.71%	29.33%	-16.00%	10.69%
EBIT Growth	-188.55%	403.74%	30.01%	-26.53%	47.01%	26.79%	0.69%	-12.43%	39.52%	-25.61%	1.24%
NOPAT Growth	-198.80%	386.34%	-2.41%	-76.81%	740.16%	1.45%	-12.19%	-17.30%	52.77%	-26.12%	11.35%
Net Income Growth	-92.89%	136.45%	10.11%	-4.26%	130.82%	79.53%	-29.83%	-25.56%	42.09%	-45.88%	15.23%
EPS Growth	-122.15%	139.60%	-5.04%	-16.67%	187.27%	80.70%	-32.05%	-23.20%	38.93%	-40.58%	11.38%
Operating Cash Flow Growth	259.72%	-6.42%	-14.81%	-23.08%	47.25%	10.23%	-18.96%	-0.68%	42.82%	-18.28%	2.60%
Free Cash Flow Firm Growth	138.89%	-56.22%	-77.00%	-1,664.76%	157.30%	-84.32%	83.01%	16.39%	-4.31%	-90.36%	632.37%
Invested Capital Growth	-22.55%	-1.73%	6.85%	40.73%	-3.45%	10.36%	6.04%	3.36%	7.54%	7.75%	5.79%
Revenue Q/Q Growth	-3.73%	-3.44%	3.72%	-5.34%	6.80%	0.66%	0.73%	4.06%	1.44%	-1.70%	-2.30%
EBITDA Q/Q Growth	-73.80%	266.09%	-1.81%	-15.70%	25.33%	5.22%	4.45%	-8.75%	4.89%	-13.17%	30.50%
EBIT Q/Q Growth	-146.08%	523.22%	-5.46%	-21.45%	40.90%	6.14%	6.24%	-10.42%	4.88%	-18.85%	52.33%
NOPAT Q/Q Growth	81.24%	472.70%	-37.59%	-57.24%	139.42%	-9.49%	1.98%	-5.56%	0.87%	-16.14%	60.76%
Net Income Q/Q Growth	-230.43%	141.10%	-39.72%	64.04%	49.78%	-1.14%	4.43%	-11.73%	-0.88%	-32.31%	247.83%
EPS Q/Q Growth	0.00%	143.57%	-42.86%	120.00%	49.76%	-1.72%	4.02%	-10.78%	-1.66%	-29.91%	230.12%
Operating Cash Flow Q/Q Growth	6.59%	3.82%	19.06%	27.73%	-9.43%	2.67%	-15.02%	-7.67%	27.71%	7.28%	-19.46%
Free Cash Flow Firm Q/Q Growth	495.19%	-21.14%	-35.31%	-6.12%	91.48%	-78.11%	1,999.32%	-52.24%	3,383.90%	108.39%	-67.10%
Invested Capital Q/Q Growth	-14.48%	-1.79%	-5.39%	-4.24%	-4.73%	2.61%	-1.20%	3.41%	-0.73%	-6.34%	1.70%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	15.99%	20.48%	21.83%	19.31%	20.20%	21.59%	19.90%	17.40%	19.71%	20.20%	23.83%
EBITDA Margin	2.04%	10.44%	11.39%	8.86%	11.19%	12.92%	13.14%	10.05%	11.95%	10.34%	13.00%
Operating Margin	-2.02%	6.60%	8.38%	5.40%	7.64%	9.39%	9.32%	6.95%	9.06%	7.08%	8.93%
EBIT Margin	-1.81%	6.31%	7.87%	5.46%	7.66%	9.53%	9.54%	7.08%	9.08%	6.95%	7.84%
Profit (Net Income) Margin	-4.67%	1.96%	2.07%	1.87%	4.12%	7.25%	5.06%	3.19%	4.17%	2.32%	2.98%
Tax Burden Percent	94.88%	71.95%	50.58%	93.59%	105.81%	109.90%	70.99%	66.25%	72.07%	70.13%	68.97%
Interest Burden Percent	272.45%	43.11%	51.94%	36.58%	50.80%	69.25%	74.70%	68.05%	63.70%	47.63%	55.13%
Effective Tax Rate	0.00%	29.61%	48.09%	82.37%	0.00%	19.07%	28.85%	33.12%	27.93%	29.87%	31.03%
Return on Invested Capital (ROIC)	-2.91%	9.64%	9.17%	1.71%	12.51%	12.28%	9.98%	7.88%	11.42%	7.84%	8.17%
ROIC Less NNEP Spread (ROIC-NNEP)	-9.96%	3.97%	3.82%	3.54%	6.01%	11.54%	6.39%	4.09%	4.89%	1.17%	1.42%
Return on Net Nonoperating Assets (RNNOA)	-209.67%	239.91%	34.27%	32.09%	47.22%	35.67%	12.46%	7.65%	8.41%	1.96%	2.36%
Return on Equity (ROE)	-212.59%	249.55%	43.45%	33.80%	59.73%	47.95%	22.44%	15.53%	19.82%	9.80%	10.53%
Cash Return on Invested Capital (CROIC)	22.50%	11.38%	2.55%	-32.13%	16.02%	2.43%	4.12%	4.58%	4.15%	0.37%	2.55%
Operating Return on Assets (OROA)	-2.44%	8.12%	10.15%	6.37%	8.24%	10.05%	9.82%	8.31%	11.03%	7.81%	7.80%
Return on Assets (ROA)	-6.32%	2.52%	2.67%	2.18%	4.43%	7.65%	5.21%	3.75%	5.06%	2.61%	2.97%
Return on Common Equity (ROCE)	-153.12%	133.77%	40.32%	30.53%	53.85%	46.46%	22.18%	15.38%	19.65%	9.75%	10.53%
Return on Equity Simple (ROE_SIMPLE)	410.81%	91.12%	30.53%	51.96%	45.76%	35.41%	20.88%	15.82%	18.00%	9.94%	0.00%
Net Operating Profit after Tax (NOPAT)	-23	66	64	15	125	127	111	92	141	104	116
NOPAT Margin	-1.41%	4.64%	4.35%	0.95%	7.64%	7.60%	6.63%	4.65%	6.53%	4.97%	6.16%
Net Nonoperating Expense Percent (NNEP)	7.05%	5.67%	5.35%	-1.83%	6.50%	0.74%	3.59%	3.80%	6.53%	6.66%	6.76%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	7.54%	10.47%	7.32%	7.75%
Cost of Revenue to Revenue	84.01%	79.52%	78.17%	80.69%	79.80%	78.41%	80.10%	82.60%	80.29%	79.80%	76.17%
SG&A Expenses to Revenue	7.66%	8.88%	8.98%	10.12%	9.06%	8.57%	8.87%	7.74%	8.08%	8.57%	8.24%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	18.01%	13.88%	13.45%	13.91%	12.57%	12.20%	10.58%	10.45%	10.64%	13.12%	14.90%
Earnings before Interest and Taxes (EBIT)	-29	89	116	85	125	159	160	140	196	146	147
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	33	148	168	139	183	216	221	199	258	216	244
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	26.93	10.39	6.11	5.28	1.89	1.61	1.46	2.12	1.34	0.93
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	10.36	12.49	3.85
Price to Revenue (P/Rev)	0.23	0.58	0.70	0.22	0.48	0.39	0.39	0.29	0.49	0.31	0.28
Price to Earnings (P/E)	0.00	27.94	35.68	14.68	11.68	5.29	7.70	9.17	11.88	12.53	9.48
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.72%	0.47%	0.86%	1.18%
Earnings Yield	0.00%	3.58%	2.80%	6.81%	8.56%	18.90%	12.99%	10.90%	8.42%	7.98%	10.54%
Enterprise Value to Invested Capital (EV/IC)	1.56	2.17	2.30	1.28	1.69	1.28	1.22	1.15	1.44	1.12	0.97
Enterprise Value to Revenue (EV/Rev)	0.66	1.03	1.13	0.83	1.01	0.83	0.83	0.69	0.85	0.74	0.75
Enterprise Value to EBITDA (EV/EBITDA)	32.39	9.90	9.89	9.42	9.06	6.43	6.34	6.88	7.14	7.14	5.78
Enterprise Value to EBIT (EV/EBIT)	0.00	16.40	14.31	15.29	13.22	8.72	8.73	9.77	9.39	10.61	9.59
Enterprise Value to NOPAT (EV/NOPAT)	0.00	22.28	25.89	87.66	13.27	10.94	12.55	14.87	13.06	14.86	12.21
Enterprise Value to Operating Cash Flow (EV/OCF)	8.42	12.26	16.31	16.66	14.38	10.91	13.57	13.39	12.58	12.93	11.53
Enterprise Value to Free Cash Flow (EV/FCFF)	6.06	18.86	93.01	0.00	10.36	55.24	30.42	25.61	35.90	313.01	39.11
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-58.25	19.14	6.40	14.78	5.68	2.24	1.91	2.03	1.67	1.90	1.60
Long-Term Debt to Equity	-55.03	17.91	6.29	14.61	5.61	2.21	1.90	2.03	1.66	1.89	1.59
Financial Leverage	21.05	60.46	8.96	9.07	7.85	3.09	1.95	1.87	1.72	1.67	1.66
Leverage Ratio	33.66	99.12	16.29	15.51	13.49	6.27	4.31	4.15	3.91	3.76	3.55
Compound Leverage Factor	91.71	42.73	8.46	5.67	6.85	4.34	3.22	2.82	2.49	1.79	1.96
Debt to Total Capital	101.75%	95.04%	86.48%	93.66%	85.03%	69.16%	65.60%	66.99%	62.56%	65.56%	61.55%
Short-Term Debt to Total Capital	5.62%	6.11%	1.46%	1.10%	0.96%	0.90%	0.17%	0.00%	0.37%	0.35%	0.33%
Long-Term Debt to Total Capital	96.13%	88.92%	85.03%	92.57%	84.06%	68.26%	65.44%	66.99%	62.19%	65.21%	61.22%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.86%	0.60%	0.75%	1.02%	1.08%	0.38%	0.35%	0.29%	0.31%	0.02%	0.02%
Common Equity to Total Capital	-2.61%	4.36%	12.76%	5.31%	13.90%	30.46%	34.05%	32.72%	37.14%	34.42%	38.43%
Debt to EBITDA	21.76	4.48	4.03	7.15	4.92	3.60	3.55	4.11	3.26	4.30	3.76
Net Debt to EBITDA	21.10	4.34	3.67	6.86	4.75	3.42	3.35	3.94	3.01	4.10	3.61
Long-Term Debt to EBITDA	20.55	4.19	3.96	7.07	4.87	3.55	3.54	4.11	3.24	4.28	3.74
Debt to NOPAT	-31.46	10.08	10.55	66.57	7.21	6.12	7.04	8.88	5.97	8.96	7.94
Net Debt to NOPAT	-30.51	9.76	9.61	63.84	6.95	5.81	6.63	8.52	5.50	8.53	7.61
Long-Term Debt to NOPAT	-29.72	9.43	10.37	65.79	7.13	6.04	7.02	8.88	5.94	8.91	7.90
Altman Z-Score	1.68	2.17	2.35	1.61	1.90	2.07	2.14	2.21	2.59	2.23	2.18
Noncontrolling Interest Sharing Ratio	27.97%	46.40%	7.19%	9.66%	9.84%	3.11%	1.12%	0.96%	0.85%	0.44%	0.06%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.58	1.49	1.80	1.81	1.75	1.93	2.20	1.97	2.14	2.09	2.94
Quick Ratio	0.66	0.57	0.78	0.77	0.66	0.73	0.80	0.77	0.83	0.72	0.87
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	177	78	18	-279	160	25	46	53	51	4.93	36
Operating Cash Flow to CapEx	313.76%	239.48%	150.81%	71.38%	309.95%	182.09%	82.40%	101.39%	124.13%	159.20%	245.98%
Free Cash Flow to Firm to Interest Expense	3.50	1.53	0.32	-5.16	2.59	0.51	1.13	1.19	0.72	0.06	0.55
Operating Cash Flow to Interest Expense	2.52	2.35	1.82	1.45	1.87	2.60	2.54	2.28	2.06	1.57	1.85
Operating Cash Flow Less CapEx to Interest Expense	1.72	1.37	0.61	-0.58	1.27	1.17	-0.54	0.03	0.40	0.58	1.10
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.35	1.29	1.29	1.17	1.08	1.06	1.03	1.17	1.21	1.12	1.00
Accounts Receivable Turnover	8.73	9.13	9.68	8.96	9.32	9.91	9.38	9.94	10.30	10.61	10.72
Inventory Turnover	5.85	4.95	4.95	4.83	4.56	4.48	4.41	4.89	4.60	4.17	3.51
Fixed Asset Turnover	5.63	5.07	4.85	4.19	4.22	4.35	3.74	3.79	3.62	3.24	2.87
Accounts Payable Turnover	10.46	7.90	8.06	7.90	7.68	8.26	8.25	8.63	8.43	8.74	9.50
Days Sales Outstanding (DSO)	41.81	39.97	37.71	40.75	39.18	36.83	38.91	36.72	35.42	34.39	34.04
Days Inventory Outstanding (DIO)	62.44	73.75	73.67	75.50	80.08	81.48	82.75	74.69	79.28	87.48	104.01
Days Payable Outstanding (DPO)	34.91	46.18	45.27	46.19	47.50	44.19	44.25	42.31	43.29	41.76	38.44
Cash Conversion Cycle (CCC)	69.34	67.54	66.11	70.06	71.76	74.12	77.41	69.10	71.41	80.11	99.60
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	688	676	723	1,017	982	1,083	1,149	1,187	1,277	1,376	1,456
Invested Capital Turnover	2.06	2.08	2.11	1.80	1.64	1.62	1.50	1.70	1.75	1.58	1.33
Increase / (Decrease) in Invested Capital	-200	-12	46	294	-35	102	65	39	90	99	80
Enterprise Value (EV)	1,075	1,465	1,661	1,304	1,658	1,387	1,398	1,370	1,838	1,544	1,413
Market Capitalization	369	819	1,038	344	778	645	656	582	1,060	657	531
Book Value per Share	($0.90)	$1.47	$4.82	$2.74	$7.12	$16.22	$19.08	$19.11	$23.96	$24.11	$29.26
Tangible Book Value per Share	($17.57)	($14.42)	($10.50)	($20.88)	($15.32)	($5.03)	($0.98)	($0.51)	$4.91	$2.60	$7.03
Total Capital	710	697	783	1,057	1,060	1,122	1,194	1,221	1,343	1,420	1,494
Total Debt	722	662	677	990	901	776	784	818	840	931	919
Total Long-Term Debt	682	620	666	979	891	766	782	818	835	926	914
Net Debt	701	642	617	950	869	737	738	784	774	887	881
Capital Expenditures (CapEx)	41	50	68	110	37	70	125	101	118	75	50
Debt-free, Cash-free Net Working Capital (DFCFNWC)	182	167	177	213	201	244	299	280	312	316	409
Debt-free Net Working Capital (DFNWC)	204	188	237	253	234	283	344	313	378	360	447
Net Working Capital (NWC)	164	145	226	242	223	272	342	313	373	355	442
Net Nonoperating Expense (NNE)	53	38	34	-14	58	5.81	26	29	51	55	60
Net Nonoperating Obligations (NNO)	701	642	617	950	823	737	738	784	774	887	881
Total Depreciation and Amortization (D&A)	63	59	52	53	58	57	60	59	62	71	97
Debt-free, Cash-free Net Working Capital to Revenue	11.18%	11.78%	11.97%	13.60%	12.29%	14.62%	17.81%	14.11%	14.46%	15.09%	21.74%
Debt-free Net Working Capital to Revenue	12.52%	13.25%	16.06%	16.20%	14.26%	16.93%	20.52%	15.79%	17.55%	17.19%	23.76%
Net Working Capital to Revenue	10.07%	10.24%	15.28%	15.46%	13.64%	16.32%	20.40%	15.79%	17.32%	16.96%	23.50%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($3.51)	$1.42	$1.40	$1.12	$3.23	$5.81	$4.00	$3.02	$4.28	$2.54	$2.82
Adjusted Weighted Average Basic Shares Outstanding	20.54M	20.64M	20.75M	20.87M	20.67M	20.99M	21.24M	20.98M	20.84M	20.66M	19.86M
Adjusted Diluted Earnings per Share	($3.51)	$1.39	$1.32	$1.10	$3.16	$5.71	$3.88	$2.98	$4.14	$2.46	$2.74
Adjusted Weighted Average Diluted Shares Outstanding	20.54M	21.06M	22M	21.33M	21.07M	21.37M	21.93M	21.31M	21.54M	21.29M	20.41M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	20.56M	20.66M	20.78M	20.55M	20.81M	21.10M	21.13M	20.83M	21.03M	20.49M	19.64M
Normalized Net Operating Profit after Tax (NOPAT)	54	78	73	68	92	132	91	90	139	123	151
Normalized NOPAT Margin	3.30%	5.54%	4.92%	4.33%	5.60%	7.91%	5.40%	4.57%	6.47%	5.89%	8.05%
Pre Tax Income Margin	-4.92%	2.72%	4.09%	2.00%	3.89%	6.60%	7.13%	4.82%	5.78%	3.31%	4.32%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-0.58	1.76	2.08	1.58	2.03	3.25	3.95	3.13	2.75	1.91	2.23
NOPAT to Interest Expense	-0.45	1.29	1.15	0.28	2.03	2.59	2.75	2.06	1.98	1.36	1.75
EBIT Less CapEx to Interest Expense	-1.38	0.78	0.87	-0.45	1.43	1.82	0.87	0.88	1.10	0.93	1.48
NOPAT Less CapEx to Interest Expense	-1.26	0.31	-0.06	-1.75	1.42	1.17	-0.34	-0.20	0.32	0.38	1.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-11.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	6.65%	5.57%	12.14%	11.43%
Augmented Payout Ratio	-11.84%	1.08%	17.05%	108.90%	1.34%	1.32%	13.55%	43.99%	27.95%	116.67%	79.64%

This table displays calculated financial ratios and metrics derived from Koppers' official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	20,485,752.00	20,010,068.00	19,715,527.00	19,613,926.00	19,639,357.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	20,485,752.00	20,010,068.00	19,715,527.00	19,613,926.00	19,639,357.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-0.68	0.82	1.21	1.51	0.36
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	2.67%	6.34%	-3.08%	-2.43%	0.71%	-7.05%	-8.26%	-10.37%	-12.45%	-9.29%	-0.26%
EBITDA Growth	12.46%	29.63%	-20.56%	6.83%	0.00%	-62.48%	-40.66%	-13.84%	3.50%	218.67%	41.64%
EBIT Growth	22.71%	32.16%	-31.14%	5.49%	-6.92%	-90.37%	-101.74%	-28.47%	5.42%	1,405.56%	3,916.67%
NOPAT Growth	60.28%	1.10%	-29.19%	7.62%	-21.19%	-81.75%	-26.89%	-35.58%	7.95%	754.81%	4.61%
Net Income Growth	37.89%	-5.80%	-50.38%	9.84%	-27.48%	-178.46%	-206.92%	-38.81%	25.26%	391.18%	151.08%
EPS Growth	34.07%	-10.77%	-50.42%	8.70%	-10.66%	-181.03%	-215.25%	-35.20%	7.34%	406.38%	151.47%
Operating Cash Flow Growth	76.62%	90.83%	19.61%	106.06%	-63.48%	12.16%	-84.55%	85.66%	66.44%	-39.63%	303.96%
Free Cash Flow Firm Growth	-345.31%	-353.61%	-16.30%	3.43%	-54.63%	-45.52%	-179.66%	126.47%	147.90%	56.30%	139.91%
Invested Capital Growth	12.02%	7.54%	4.77%	10.76%	14.20%	7.75%	8.71%	0.03%	-2.57%	5.79%	-1.31%
Revenue Q/Q Growth	-4.64%	-6.76%	-3.04%	13.18%	-1.58%	-13.95%	-4.30%	10.58%	-3.86%	-10.84%	5.22%
EBITDA Q/Q Growth	-4.32%	-23.47%	-2.10%	49.03%	-10.44%	-71.28%	54.82%	116.39%	7.58%	8.17%	-43.75%
EBIT Q/Q Growth	-2.01%	-30.09%	-7.75%	66.96%	-13.54%	-92.77%	-116.67%	6,966.67%	27.43%	3.24%	-57.75%
NOPAT Q/Q Growth	4.60%	-39.35%	5.31%	61.11%	-23.40%	-85.96%	321.88%	41.96%	28.35%	11.20%	-48.37%
Net Income Q/Q Growth	7.38%	-50.38%	0.00%	106.15%	-29.10%	-153.68%	-36.27%	217.99%	45.12%	24.79%	-76.09%
EPS Q/Q Growth	6.09%	-52.46%	1.72%	111.86%	-12.80%	-143.12%	-44.68%	219.12%	44.44%	23.08%	-75.69%
Operating Cash Flow Q/Q Growth	518.18%	-18.38%	-118.47%	321.14%	9.56%	150.67%	-130.39%	322.47%	-1.78%	-9.07%	2.66%
Free Cash Flow Firm Q/Q Growth	5.69%	33.40%	46.65%	-188.18%	-51.02%	37.32%	-2.52%	127.28%	173.31%	-157.18%	193.63%
Invested Capital Q/Q Growth	-2.15%	-0.73%	4.16%	9.48%	0.89%	-6.34%	5.08%	0.74%	-1.74%	1.70%	-1.97%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	20.24%	18.80%	19.33%	21.59%	21.87%	17.53%	23.18%	22.62%	24.11%	25.61%	19.02%
EBITDA Margin	12.46%	10.23%	10.33%	13.60%	12.38%	4.13%	6.68%	13.07%	14.63%	17.75%	9.49%
Operating Margin	9.68%	7.25%	6.95%	10.21%	8.97%	1.34%	5.91%	7.75%	10.67%	11.53%	4.83%
EBIT Margin	9.72%	7.29%	6.93%	10.23%	8.98%	0.75%	-0.13%	8.16%	10.82%	12.53%	5.03%
Profit (Net Income) Margin	4.76%	2.53%	2.61%	4.76%	3.43%	-2.14%	-3.04%	3.25%	4.90%	6.86%	1.56%
Tax Burden Percent	75.94%	65.99%	74.71%	72.43%	64.19%	69.39%	80.81%	68.62%	66.48%	76.74%	89.87%
Interest Burden Percent	64.49%	52.67%	50.43%	64.24%	59.44%	-408.33%	2,866.67%	58.01%	68.19%	71.40%	34.50%
Effective Tax Rate	24.06%	34.01%	25.29%	27.57%	35.81%	0.00%	0.00%	31.38%	33.52%	23.26%	10.13%
Return on Invested Capital (ROIC)	12.83%	8.36%	8.55%	11.34%	8.89%	1.48%	6.12%	7.27%	9.41%	11.75%	5.68%
ROIC Less NNEP Spread (ROIC-NNEP)	11.03%	6.88%	6.99%	9.69%	7.41%	-0.29%	2.41%	6.16%	8.25%	10.78%	4.29%
Return on Net Nonoperating Assets (RNNOA)	20.62%	11.83%	12.25%	17.99%	12.84%	-0.48%	4.22%	11.08%	13.93%	17.92%	7.47%
Return on Equity (ROE)	33.45%	20.20%	20.80%	29.33%	21.73%	1.00%	10.34%	18.35%	23.34%	29.67%	13.15%
Cash Return on Invested Capital (CROIC)	0.12%	4.15%	5.33%	-0.63%	-4.27%	0.37%	-2.01%	4.36%	7.57%	2.55%	9.53%
Operating Return on Assets (OROA)	11.92%	8.85%	8.13%	11.55%	10.14%	0.85%	-0.14%	8.39%	10.80%	12.47%	5.01%
Return on Assets (ROA)	5.84%	3.08%	3.06%	5.37%	3.87%	-2.40%	-3.34%	3.34%	4.90%	6.83%	1.55%
Return on Common Equity (ROCE)	33.15%	20.03%	20.61%	29.09%	21.64%	1.00%	10.29%	18.28%	23.33%	29.65%	13.15%
Return on Equity Simple (ROE_SIMPLE)	19.19%	0.00%	15.14%	15.51%	13.49%	0.00%	4.36%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	40	25	26	42	32	4.48	19	27	34	38	20
NOPAT Margin	7.35%	4.78%	5.20%	7.40%	5.76%	0.94%	4.14%	5.32%	7.10%	8.85%	4.34%
Net Nonoperating Expense Percent (NNEP)	1.80%	1.48%	1.55%	1.65%	1.48%	1.77%	3.71%	1.11%	1.17%	0.97%	1.39%
Return On Investment Capital (ROIC_SIMPLE)	-	1.83%	-	-	-	0.32%	1.28%	1.79%	2.34%	2.56%	1.35%
Cost of Revenue to Revenue	79.76%	81.20%	80.67%	78.41%	78.13%	82.47%	76.82%	77.38%	75.89%	74.39%	80.98%
SG&A Expenses to Revenue	7.96%	8.77%	9.14%	8.15%	7.92%	9.22%	9.00%	7.82%	7.73%	8.50%	9.16%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	10.56%	11.55%	12.38%	11.38%	12.90%	16.18%	17.26%	14.88%	13.44%	14.07%	14.19%
Earnings before Interest and Taxes (EBIT)	54	37	35	58	50	3.60	-0.60	41	53	54	23
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	69	53	51	77	69	20	31	66	71	77	43
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.74	2.12	2.27	1.54	1.41	1.34	1.15	1.22	1.01	0.93	1.38
Price to Tangible Book Value (P/TBV)	11.10	10.36	10.04	12.45	8.39	12.49	8.81	6.68	4.57	3.85	6.49
Price to Revenue (P/Rev)	0.39	0.49	0.54	0.37	0.35	0.31	0.28	0.32	0.29	0.28	0.40
Price to Earnings (P/E)	9.11	11.88	14.95	9.93	9.93	12.53	22.49	42.60	34.29	9.48	9.87
Dividend Yield	0.59%	0.47%	0.45%	0.70%	0.74%	0.86%	1.04%	0.93%	1.11%	1.18%	0.85%
Earnings Yield	10.98%	8.42%	6.69%	10.07%	10.07%	7.98%	4.45%	2.35%	2.92%	10.54%	10.14%
Enterprise Value to Invested Capital (EV/IC)	1.27	1.44	1.48	1.19	1.15	1.12	1.05	1.08	1.00	0.97	1.15
Enterprise Value to Revenue (EV/Rev)	0.77	0.85	0.92	0.81	0.79	0.74	0.74	0.79	0.75	0.75	0.87
Enterprise Value to EBITDA (EV/EBITDA)	6.66	7.14	8.07	6.95	6.77	7.14	7.79	8.51	7.68	5.78	6.37
Enterprise Value to EBIT (EV/EBIT)	8.77	9.39	10.95	9.46	9.40	10.61	13.78	16.73	14.87	9.59	9.58
Enterprise Value to NOPAT (EV/NOPAT)	11.72	13.06	15.18	13.03	13.61	14.86	17.30	24.61	19.97	12.21	13.88
Enterprise Value to Operating Cash Flow (EV/OCF)	14.29	12.58	13.22	10.61	15.15	12.93	13.96	11.89	9.45	11.53	8.55
Enterprise Value to Free Cash Flow (EV/FCFF)	1,112.77	35.90	28.43	0.00	0.00	313.01	0.00	24.76	13.09	39.11	11.96
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.81	1.67	1.70	1.93	1.84	1.90	1.97	1.84	1.69	1.60	1.67
Long-Term Debt to Equity	1.81	1.66	1.70	1.92	1.83	1.89	1.96	1.83	1.68	1.59	1.67
Financial Leverage	1.87	1.72	1.75	1.86	1.73	1.67	1.75	1.80	1.69	1.66	1.74
Leverage Ratio	4.08	3.91	3.86	3.88	3.74	3.76	3.71	3.73	3.57	3.55	3.60
Compound Leverage Factor	2.63	2.06	1.95	2.49	2.22	-15.34	106.23	2.16	2.44	2.54	1.24
Debt to Total Capital	64.47%	62.56%	63.02%	65.89%	64.81%	65.56%	66.31%	64.74%	62.84%	61.55%	62.61%
Short-Term Debt to Total Capital	0.30%	0.37%	0.29%	0.33%	0.33%	0.35%	0.33%	0.33%	0.33%	0.33%	0.33%
Long-Term Debt to Total Capital	64.17%	62.19%	62.73%	65.56%	64.48%	65.21%	65.98%	64.41%	62.51%	61.22%	62.28%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.30%	0.31%	0.30%	0.27%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.00%
Common Equity to Total Capital	35.23%	37.14%	36.68%	33.83%	35.17%	34.42%	33.67%	35.24%	37.14%	38.43%	37.39%
Debt to EBITDA	3.52	3.26	3.56	3.98	3.94	4.30	5.02	5.24	4.93	3.76	3.58
Net Debt to EBITDA	3.30	3.01	3.36	3.78	3.76	4.10	4.85	5.03	4.73	3.61	3.41
Long-Term Debt to EBITDA	3.50	3.24	3.54	3.96	3.92	4.28	4.99	5.21	4.91	3.74	3.56
Debt to NOPAT	6.19	5.97	6.69	7.47	7.91	8.96	11.15	15.14	12.82	7.94	7.80
Net Debt to NOPAT	5.81	5.50	6.32	7.10	7.56	8.53	10.78	14.54	12.30	7.61	7.44
Long-Term Debt to NOPAT	6.16	5.94	6.66	7.43	7.87	8.91	11.10	15.06	12.76	7.90	7.76
Altman Z-Score	2.23	2.30	2.34	2.13	2.12	1.98	1.95	2.00	2.00	2.01	2.06
Noncontrolling Interest Sharing Ratio	0.88%	0.85%	0.89%	0.84%	0.43%	0.44%	0.44%	0.42%	0.06%	0.06%	0.03%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.24	2.14	2.29	2.53	2.54	2.09	2.64	2.60	2.63	2.94	2.71
Quick Ratio	0.94	0.83	0.87	0.96	0.98	0.72	0.91	0.92	0.89	0.87	0.91
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-98	-65	-35	-100	-151	-95	-97	26	72	-41	39
Operating Cash Flow to CapEx	287.32%	232.87%	-46.77%	164.85%	225.76%	393.16%	-186.07%	431.62%	413.33%	324.46%	406.14%
Free Cash Flow to Firm to Interest Expense	-5.13	-3.67	-2.03	-4.85	-7.47	-5.17	-5.84	1.53	4.33	-2.66	2.58
Operating Cash Flow to Interest Expense	4.29	3.76	-0.72	1.32	1.48	4.08	-1.37	2.92	2.97	2.91	3.09
Operating Cash Flow Less CapEx to Interest Expense	2.80	2.15	-2.26	0.52	0.82	3.04	-2.10	2.24	2.25	2.01	2.33
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.23	1.21	1.17	1.13	1.13	1.12	1.10	1.03	1.00	1.00	1.00
Accounts Receivable Turnover	8.95	10.30	9.30	8.81	8.87	10.61	9.70	9.14	8.94	10.72	9.74
Inventory Turnover	5.09	4.60	4.43	4.38	4.37	4.17	4.03	3.88	3.73	3.51	3.63
Fixed Asset Turnover	3.74	3.62	3.52	3.36	3.32	3.24	3.17	3.01	2.92	2.87	2.89
Accounts Payable Turnover	8.76	8.43	8.31	8.96	9.03	8.74	9.43	8.89	9.23	9.50	9.94
Days Sales Outstanding (DSO)	40.78	35.42	39.25	41.44	41.13	34.39	37.65	39.91	40.81	34.04	37.49
Days Inventory Outstanding (DIO)	71.71	79.28	82.48	83.31	83.61	87.48	90.46	94.02	97.89	104.01	100.64
Days Payable Outstanding (DPO)	41.68	43.29	43.92	40.72	40.44	41.76	38.71	41.06	39.56	38.44	36.71
Cash Conversion Cycle (CCC)	70.80	71.41	77.81	84.03	84.30	80.11	89.39	92.88	99.14	99.60	101.41
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,286	1,277	1,330	1,456	1,469	1,376	1,446	1,457	1,431	1,456	1,427
Invested Capital Turnover	1.74	1.75	1.65	1.53	1.54	1.58	1.48	1.37	1.33	1.33	1.31
Increase / (Decrease) in Invested Capital	138	90	61	142	183	99	116	0.40	-38	80	-19
Enterprise Value (EV)	1,635	1,838	1,971	1,731	1,686	1,544	1,521	1,573	1,438	1,413	1,637
Market Capitalization	820	1,060	1,147	784	750	657	574	643	552	531	760
Book Value per Share	$22.61	$23.96	$24.01	$24.02	$25.94	$24.11	$24.31	$26.33	$27.67	$29.26	$27.98
Tangible Book Value per Share	$3.54	$4.91	$5.42	$2.97	$4.35	$2.60	$3.18	$4.81	$6.12	$7.03	$5.96
Total Capital	1,340	1,343	1,379	1,505	1,514	1,420	1,479	1,495	1,469	1,494	1,470
Total Debt	864	840	869	992	981	931	981	968	923	919	920
Total Long-Term Debt	860	835	865	987	976	926	976	963	918	914	915
Net Debt	810	774	820	943	936	887	948	929	885	881	877
Capital Expenditures (CapEx)	28	29	26	17	13	19	12	12	12	14	11
Debt-free, Cash-free Net Working Capital (DFCFNWC)	337	312	354	393	404	316	401	402	390	409	385
Debt-free Net Working Capital (DFNWC)	391	378	403	442	448	360	435	441	428	447	427
Net Working Capital (NWC)	387	373	399	437	443	355	430	436	423	442	422
Net Nonoperating Expense (NNE)	14	12	13	15	13	15	33	10	11	8.60	13
Net Nonoperating Obligations (NNO)	810	774	820	943	936	887	948	929	885	881	877
Total Depreciation and Amortization (D&A)	15	15	17	19	19	16	31	25	19	23	20
Debt-free, Cash-free Net Working Capital to Revenue	15.87%	14.46%	16.55%	18.48%	18.96%	15.09%	19.56%	20.18%	20.27%	21.74%	20.47%
Debt-free Net Working Capital to Revenue	18.39%	17.55%	18.84%	20.78%	21.05%	17.19%	21.18%	22.11%	22.24%	23.76%	22.75%
Net Working Capital to Revenue	18.20%	17.32%	18.65%	20.55%	20.82%	16.96%	20.95%	21.87%	21.99%	23.50%	22.49%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.27	$0.62	$0.61	$1.29	$1.12	($0.48)	($0.68)	$0.83	$1.21	$1.46	$0.36
Adjusted Weighted Average Basic Shares Outstanding	20.83M	20.84M	21.07M	20.90M	20.41M	20.66M	20.37M	19.88M	19.65M	19.86M	19.55M
Adjusted Diluted Earnings per Share	$1.22	$0.58	$0.59	$1.25	$1.09	($0.47)	($0.68)	$0.81	$1.17	$1.44	$0.35
Adjusted Weighted Average Diluted Shares Outstanding	21.66M	21.54M	21.91M	21.56M	20.96M	21.29M	20.37M	20.24M	20.21M	20.41M	20.12M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	20.82M	21.03M	21.20M	20.52M	20.27M	20.49M	20.01M	19.72M	19.61M	19.64M	19.23M
Normalized Net Operating Profit after Tax (NOPAT)	40	25	26	42	38	5.18	33	39	41	41	23
Normalized NOPAT Margin	7.35%	4.78%	5.20%	7.40%	6.88%	1.09%	7.16%	7.71%	8.48%	9.58%	5.03%
Pre Tax Income Margin	6.27%	3.84%	3.50%	6.57%	5.34%	-3.08%	-3.77%	4.73%	7.38%	8.94%	1.74%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.82	2.11	2.02	2.80	2.47	0.20	-0.04	2.38	3.14	3.50	1.53
NOPAT to Interest Expense	2.13	1.39	1.51	2.02	1.58	0.24	1.14	1.55	2.06	2.47	1.32
EBIT Less CapEx to Interest Expense	1.32	0.50	0.48	2.00	1.81	-0.84	-0.77	1.71	2.43	2.60	0.77
NOPAT Less CapEx to Interest Expense	0.64	-0.23	-0.03	1.22	0.93	-0.79	0.40	0.87	1.34	1.57	0.56
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	5.30%	5.57%	6.79%	7.09%	8.08%	12.14%	27.65%	53.10%	37.27%	11.43%	9.09%
Augmented Payout Ratio	21.74%	27.95%	34.46%	74.56%	91.36%	116.67%	317.97%	415.04%	252.17%	79.64%	71.56%

Financials Breakdown Chart

Key Financial Trends

Koppers Holdings Inc. (NYSE: KOP) has shown a mix of improving profitability and ongoing cash-flow dynamics over the last four years. Below are the key takeaways drawn from the quarterly statements (Q1–Q4 2025 and prior four years), focused on what retail investors should watch.

Strong year-end profitability in Q4 2025: Net income from continuing operations was $29.7 million, with Basic EPS of $1.46 and Diluted EPS of $1.44, marking a meaningful improvement versus Q4 2024 (Basic EPS $0.62, Diluted EPS $0.58).
Solid operating cash flow in late 2025: In Q2–Q4 2025, net cash from continuing operating activities averaged around $48–50 million per quarter (Q2 $50.5M, Q3 $49.6M, Q4 $45.1M), signaling renewed cash generation after softer early-year performance.
Free cash flow turned positive in Q4 2025: Free cash flow was roughly $11 million in Q4 2025 (Operating cash flow about $45.1M minus capital expenditures of $34.2M), highlighting improved cash efficiency.
Gross margin expansion in Q4 2025: Gross margin was about 25.6% (Gross profit $110.8M on revenue $432.7M) versus roughly 17.5% in Q4 2024 (Gross profit $83.6M on $477.0M revenue), signaling improved product profitability.
EPS momentum supports equity story: Diluted EPS rose to $1.44 in Q4 2025 and Basic EPS to $1.46, up meaningfully from Q4 2024 levels (Diluted $0.58, Basic $0.62).
Dividend support persists: The quarterly cash dividend per share remains at $0.08, providing a continuing income stream for shareholders.
Balance sheet liquidity and equity base: Cash & equivalents hovered in the upper $30M range (e.g., $37.9M in Q3 2025, $33.3M in Q1 2025); Total equity hovered around $0.53–0.55B in 2025 (e.g., Total equity around $545.6M in Q3 2025, ~$527.1M in Q2 2025), indicating a solid equity cushion alongside a sizable asset base.
Debt levels remain elevated but stable: Long-term debt has trended in the $0.9B–$1.0B range across 2024–2025 (e.g., Q2 2025 LT debt $962.9M, Q3 2025 $918.3M, Q1 2025 $975.9M), with no clear, rapid deleveraging observed yet.
Revenue shows cyclicality and YoY variance: 2025 quarterly revenue ranged roughly from $432.7M (Q4) to $504.8M (Q2) and $485.3M (Q3), with Q4 2025 down versus Q4 2024’s $477.0M, illustrating ongoing sensitivity to end-market demand.
Q1 2025 weakness and ongoing financing pressures: Q1 2025 posted negative quarterly results, including net income from continuing operations of about $-13.9M and negative operating cash flow of approximately $-22.7M, signaling a rough start before the late-year improvement.
Investing and financing cash flows remain a pressure: 2025 quarters often show negative investing cash flow (e.g., Q4 2025 net cash from continuing investing activities around $-34.2M) and periodic negative financing activity due to debt service and dividends, which can strain near-term cash balances despite positive operating cash flow.

05/18/26 07:42 PM ETAI Generated. May Contain Errors.

Koppers Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Koppers' fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Koppers' net income appears to be on an upward trend, with a most recent value of $56 million in 2025, falling from -$76 million in 2015. The previous period was $48.60 million in 2024. See where experts think Koppers is headed by visiting Koppers' forecast page.

Koppers' total operating income in 2025 was $167.80 million, based on the following breakdown:

Total Gross Profit: $447.80 million
Total Operating Expenses: $280 million

Over the last 10 years, Koppers' total revenue changed from $1.63 billion in 2015 to $1.88 billion in 2025, a change of 15.5%.

Koppers' total liabilities were at $1.31 billion at the end of 2025, a 6.3% decrease from 2024, and a 16.6% increase since 2015.

In the past 10 years, Koppers' cash and equivalents has ranged from $20.80 million in 2016 to $66.50 million in 2023, and is currently $38 million as of their latest financial filing in 2025.

Over the last 10 years, Koppers' book value per share changed from -0.90 in 2015 to 29.26 in 2025, a change of -3,351.3%.

Related Companies

Financial statements for NYSE:KOP last updated on 5/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Koppers (KOP) Financials

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