KOP

MKT CAP:$788M

Koppers Holdings Inc.

Market Cap

$788M

Basic Materials·Chemicals - Specialty·🇺🇸 United States·NYSE

Materials·Chemicals·🇺🇸·NYSE

Stock Price

$40.28+$13.61 (+51.03%)

Apr 24, 2026

Company Details

Koppers Holdings Inc. provides treated wood products, wood preservation chemicals, and carbon compounds in the United States, Australasia, Europe, and internationally. The company operates through three segments: Railroad and Utility Produc...

CEO

Leroy Mangus Ball Jr.

IPO Date

Feb 1, 2006

Website

www.koppers.com

Key Metrics TTM

Revenue

$1.9B

-10.0% YoY

Net Income

$56M

EPS (Diluted)

$2.77

Free Cash Flow

$68M

Revenue / Share

$92.10

Gross Margin

20.9%

Operating Margin

9.6%

Net Margin

3.0%

FCF Margin

3.6%

P/S

0.4x

P/E

14.1x

Earnings Reports

Q1 2026

May 8, 2026

PENDING

FY 2025

Feb 26, 2026

$1.9BEPS $2.74

Q4 2025

Feb 26, 2026

$433M-9.3%EPS $1.47

Q3 2025

Nov 7, 2025

$485MEPS $1.17

Q2 2025

Aug 8, 2025

$505M-10.4%EPS $0.81

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 20	$393M	$89M	$35M
Q1 21	$408M	$88M	$44M
Q2 21	$441M	$97M	$44M
Q4 21	$405M	$73M	$44M
Q1 22	$459M	$89M	$38M
Q2 23	$577M	$113M	$54M
Q3 23	$550M	$111M	$53M
Q1 24	$498M	$96M	$35M
Q2 24	$563M	$122M	$58M
Q4 24	$477M	$84M	$6M
Q1 25	$457M	$106M	$27M
Q2 25	$505M	$114M	$39M
Q3 25	$485M	$117M	$52M
Q4 25	$433M	$56M	$62M

Valuation

Quarter	P/S	P/E
Q4 20	—	—
Q1 21	—	—
Q2 21	—	—
Q4 21	0.5x	8.4x
Q1 22	0.5x	8.4x
Q2 23	0.4x	8.5x
Q3 23	0.4x	8.6x
Q1 24	0.4x	9.5x
Q2 24	0.4x	8.7x
Q4 24	0.4x	14.1x
Q1 25	0.4x	50.2x
Q2 25	0.4x	41.3x
Q3 25	0.4x	49.0x
Q4 25	0.4x	14.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 20	$62M	$36M
Q1 21	-$7M	-$32M
Q2 21	$44M	$7M
Q4 21	$43M	$6M
Q1 22	-$8M	-$34M
Q2 23	$13M	-$19M
Q3 23	$82M	$53M
Q1 24	-$12M	-$39M
Q2 24	$27M	$10M
Q4 24	$75M	$56M
Q1 25	-$23M	-$37M
Q2 25	$51M	$38M
Q3 25	$50M	$38M
Q4 25	$45M	$29M

Capital Expenditures

Quarter	CapEx
Q4 20	$26M
Q1 21	$24M
Q2 21	$37M
Q4 21	$37M
Q1 22	$26M
Q2 23	$32M
Q3 23	$29M
Q1 24	$26M
Q2 24	$17M
Q4 24	$19M
Q1 25	$14M
Q2 25	$12M
Q3 25	$12M
Q4 25	$17M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+16.8%	+17.5%
Q2 23	+41.6%	+43.8%
Q3 23	+24.8%	+25.3%
Q1 24	+22.8%	+28.0%
Q2 24	+22.6%	+20.1%
Q4 24	-17.4%	-10.0%
Q1 25	-17.1%	-13.6%
Q2 25	+1.4%	+0.6%
Q3 25	-13.8%	-14.3%
Q4 25	-9.3%	-21.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 20	$3M	0.7%
Q1 21	$4M	0.9%
Q2 21	$3M	0.7%
Q4 21	$3M	0.8%
Q1 22	$4M	0.8%
Q2 23	$4M	0.7%
Q3 23	$5M	0.9%
Q1 24	$5M	1.1%
Q2 24	$6M	1.0%
Q4 24	$5M	1.0%
Q1 25	$7M	1.4%
Q2 25	$2M	0.3%
Q3 25	$2M	0.5%
Q4 25	$3M	0.7%

OpEx Breakdown

Quarter	SG&A
Q4 20	$39M
Q2 23	$44M
Q3 23	$44M
Q1 24	$46M
Q2 24	$46M
Q4 25	$37M

Revenue Segments

Quarter	Carbon Materials And Chemicals	Performance Chemicals	Railroad And Utility Products And Services
Q4 20	$95M	$130M	$168M
Q1 21	$92M	$124M	$192M
Q2 21	$100M	$146M	$196M
Q4 21	$131M	$119M	$156M
Q1 22	$140M	$136M	$183M
Q2 23	$181M	$162M	$234M
Q3 23	$137M	$179M	$234M
Q1 24	$122M	$150M	$225M
Q2 24	$132M	$177M	$254M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$47M	$0	$47M
Q2 22	$38M	$0	$38M
Q3 22	$43M	$0	$43M
Q4 22	$33M	$0	$33M
Q1 23	$46M	$0	$46M
Q2 23	$48M	$0	$48M
Q3 23	$54M	$0	$54M
Q4 23	$67M	$0	$67M
Q1 24	$49M	$0	$49M
Q2 24	$49M	$0	$49M
Q3 24	$45M	$0	$45M
Q4 24	$44M	$0	$44M
Q1 25	$33M	$0	$33M
Q2 25	$38M	$0	$38M
Q3 25	$38M	$0	$38M
Q4 25	$38M	$0	$38M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 20	22M	—	—
Q1 21	22M	+1.3%	—
Q2 21	22M	+0.3%	—
Q4 21	22M	-0.2%	—
Q1 22	22M	-1.0%	+0.3%
Q2 23	21M	-1.6%	-2.5%
Q3 23	22M	+1.4%	-1.4%
Q1 24	22M	+1.2%	-0.0%
Q2 24	22M	-1.6%	-0.6%
Q4 24	20M	-6.0%	-5.1%
Q1 25	20M	+0.5%	-6.0%
Q2 25	20M	-0.7%	-7.6%
Q3 25	20M	-0.1%	-6.2%
Q4 25	20M	+1.0%	+0.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 20	$190.7K	2K
Q1 21	$197.7K	2K
Q2 21	$214.0K	2K
Q4 21	$194.1K	2K
Q1 22	$220.0K	2K
Q2 23	$272.4K	2K
Q3 23	$259.7K	2K
Q1 24	$236.1K	2K
Q2 24	$267.2K	2K
Q4 24	$1M	460
Q1 25	$992.4K	460
Q2 25	$1M	460
Q3 25	$1M	460
Q4 25	$1M	425

Revenue / Employee