KOPNYSELumber & Wood Products (No Furniture)Fiscal year ends December 31
Koppers Holdings Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$42.91−0.41 (-0.95%)
Close on Oct 19, 2026
- Market cap
- $820.78M
- P/E (TTM)
- –
- Dividend yield
- 0.75%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
23.8%+2.2 pts over 5 years
Operating margin
8.9%−0.5 pts over 5 years
Net margin
3.0%−4.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -10.2% | -1.7% | +2.4% | +1.5% | |
| Gross profit | +6.0% | +9.1% | +4.4% | +5.6% | |
| Operating income | +13.2% | +6.8% | +1.4% | – | |
| Net income | +6.9% | -4.1% | -14.4% | – | |
| EPS, diluted | +11.4% | -2.8% | -13.7% | – | |
| Free cash flow | +60.7% | – | +3.3% | -2.5% | |
| Dividend per share | +14.3% | +17.0% | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 492.4% | 49.9% | 10.5% | |
| Return on assets | 2.7% | 7.7% | 3.0% | |
| Current ratio | 1.49 | 1.93 | 2.94 | |
| Debt to equity | 21.79 | 2.27 | 1.60 | |
| Net debt to EBITDA | 4.39× | 3.50× | 3.65× | |
| Interest coverage | 1.8× | 3.2× | 2.5× | |
| Inventory turnover | 4.9× | 4.5× | 3.5× | |
| Capex to revenue | 3.5% | 4.2% | 2.9% | |
| Diluted shares | 21M | 21M | 20M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Koppers generated $593.30M from operations and spent $648.90M on capital expenditure, dividends and share buybacks. 74% of that went back into the business.
Generated
$593.30M
Used
$648.90M
Capital expenditure$483.20M74%Dividends$21.50M3%Share buybacks$144.20M22%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin3.0%
×Asset turnover1.00×
×Equity multiplier3.55×
=Return on equity, FY202510.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 3.0% | 1.00× | 3.55× | 10.5% |
| FY2024 | 2.5% | 1.12× | 3.77× | 10.6% |
| FY2023 | 4.1% | 1.21× | 3.95× | 19.9% |
| FY2022 | 3.2% | 1.17× | 4.19× | 15.7% |
| FY2021 | 5.1% | 1.03× | 4.36× | 22.8% |
| FY2020 | 7.3% | 1.06× | 6.47× | 49.9% |
| FY2019 | 4.1% | 1.08× | 14.96× | 65.5% |
| FY2018 | 1.5% | 1.17× | 17.17× | 30.0% |
| FY2017 | 2.0% | 1.29× | 17.56× | 44.7% |
| FY2016 | 2.1% | 1.29× | 184.91× | 492.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
8of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$56.00M
- Cash generatingOperating cash flow above zero$122.50M
- Return on assets improvedROA up on the prior year2.9% → 3.0%
- Earnings backed by cashOperating cash flow above net income$122.50M vs $56.00M
- Less leverageLong-term debt to assets fell49.0% → 48.5%
- Better liquidityCurrent ratio rose2.09 → 2.94
- No dilutionShare count did not rise21M → 20M
- Gross margin improvedGross margin up on the prior year20.20% → 23.83%
- More efficientAsset turnover rose1.14 → 0.99