Koppers Holdings Inc.

KOP Basic Materials Specialty Chemicals

Koppers Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, down 10.2% from fiscal 2024. In the quarter to June 2026, revenue grew 3.03%, EPS fell 1,028.9%, free cash flow fell 2.84% and total debt fell 7.25%, each against the same quarter a year earlier. Dividend growth for five consecutive years.

43.32 0.12 −0.28%
Market cap
$821.5M
P/E
0.0×
Fwd P/E
583×
Dividend yield
0.81%
F-score
8/9
Altman Z
2.22
Beneish M
−2.86
Dividend safety
72/100

Insider Decisions trades per month

Total sells 5.62
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — 2 — 1 2 — 6 — —
Insider Ownership 6.42%

Capital & Financial Ratios $m

Market Cap 821.52
Revenue 1,893.40
Net Income (86.90)
Free Cash Flow 141.40
Net Debt 856.90
Current Ratio 2.33 (at or above 1.5: strong)
Debt/Equity 2.32 (above 2: weak)
P/E ratio 0.00
Fwd P/E 583.00 (above 35: high)
P/S ratio 0.44
P/B ratio 2.14
Past 5Y EPS Growth (13.66%) (below 0%: weak)
This Y EPS Growth (0.61%) (below 0%: weak)
Next Y EPS Growth 20.89% (at or above 15%: strong)
Next Y revenue growth 3.12%
Next 5Y EPS Growth 7.24%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 69.63%
10-year low 10-year high
P/B against its own 10 years 53.38%
10-year low 10-year high
EV/Sales against its own 10 years 62.22%
10-year low 10-year high
EV/FCF against its own 10 years 6.23%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate 0.35
Annual Dividend Yield 0.81%
total individual payouts
2026 0.27
0.09
0.09
0.09
2025 0.32
0.08
0.08
0.08
0.08
2024 0.28
0.07
0.07
0.07
0.07
2023 0.24
0.06
0.06
0.06
0.06
2022 0.20
0.05
0.05
0.05
0.05
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 67 44 38 41
Receivables 202 192 159 206
Inventory 396 405 411 386
Other 34 40 61 48
699 681 669 680
2023 2024 2025 Q'26
Payables 203 179 122 166
ST’ Debt 5 5 5 5
Other — — — —
326 326 227 291

Compound Annual Growth %

10y 5y 3y
Sales 1.45% 2.40% (1.73%)
Cash Flow (0.41%) (0.73%) 6.19%
Earnings 0.00% (14.42%) (4.05%)
Book Value 0.00% 10.67% 12.53%

Revenue $m

Mar Jun Sep Dec Year
’26 455 520 — — —
’25 457 505 485 433 1,879
’24 498 563 554 477 2,092
’23 513 577 550 513 2,154
’22 459 503 536 483 1,981
’21 408 441 425 405 1,679
’20 402 437 438 393 1,669
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 46 50 — — —
’25 (23) 51 50 45 123
’24 (12) 27 30 75 119
’23 (15) 13 82 67 146
’22 (8) 29 46 35 102
’21 (7) 44 24 43 103
’20 (17) 39 43 62 127
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 35 38 — — —
’25 (35) 39 38 31 73
’24 (39) 11 17 56 44
’23 (44) (19) 53 38 28
’22 (30) 0 22 10 1
’21 (27) 2 2 1 (22)
’20 (28) 24 104 (42) 57
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.35 (7.71) — — —
’25 (0.68) 0.81 1.17 1.47 2.74
’24 0.59 1.25 1.09 (0.50) 2.46
’23 1.19 1.15 1.22 0.59 4.14
’22 0.87 0.55 0.91 0.65 2.98
’21 1.18 1.22 0.47 1.01 3.88
’20 (0.07) 1.39 3.53 0.86 5.71
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 13.58 33.90 15.00 16.51 8.25 27.91 20.11 28.29 30.64 22.99

Analyst estimates 2026–2028

Powerpack
High 42.70 51.80 51.30 44.75 38.86 39.44 33.68 52.22 58.23 35.61
People
People Employees 1,853 1,800 2,229 2,120 2,061 2,088 2,119 2,108 2,082 1,859
Revenue/emp, $m 0.76 0.82 0.70 0.77 0.81 0.80 0.93 1.02 1.00 1.01
Income, $m
Income, $m Revenue 1,416 1,476 1,563 1,637 1,669 1,679 1,981 2,154 2,092 1,879
Gross margin, % 20.48 21.83 19.31 20.20 21.59 19.90 17.40 19.71 20.20 23.83
EBT 39 60 31 64 110 120 95 125 69 81
EBT margin, % 2.72 4.09 2.00 3.89 6.60 7.12 4.82 5.78 3.31 4.32
Net income 28 31 29 67 121 85 63 90 49 56
Depreciation 53 50 51 55 54 58 56 57 72 93
Per share, $
Per share, $ Revenue 68.63 71.09 74.87 79.22 79.51 79.04 94.41 103.39 101.27 94.65
Earnings 1.42 1.40 1.12 3.23 5.81 4.00 3.02 4.28 2.54 2.82
Cash flow 5.79 4.91 3.75 5.58 6.05 4.85 4.88 7.01 5.78 6.17
Capex (2.42) (3.25) (5.26) (1.80) (3.33) (5.89) (4.81) (5.65) (3.63) (2.51)
Free cash flow 3.37 1.65 (1.50) 3.78 2.73 (1.04) 0.07 1.36 2.15 3.66
Book value 1.68 5.10 3.21 7.68 16.48 19.34 19.21 24.14 23.67 28.92
Shares, m 21 21 21 21 21 21 21 21 21 20
Valuation, ×
Valuation, × P/E 28.63 36.29 15.21 11.87 5.38 7.83 9.41 11.79 12.86 9.40
P/S 0.59 0.71 0.23 0.48 0.39 0.40 0.30 0.49 0.32 0.29
P/B 24.24 9.97 5.31 4.98 1.89 1.62 1.48 2.09 1.37 0.94
EV/Sales 1.05 1.13 0.84 1.01 0.83 0.84 0.71 0.85 0.74 0.76
EV/FCF 21.27 48.72 (41.57) 21.24 24.28 (63.76) 1,001.27 64.28 35.05 19.52
Cash, $m
Cash, $m Operating cash flow 120 102 78 115 127 103 102 146 119 123
Capex (50) (67) (110) (37) (70) (125) (101) (118) (75) (50)
Free cash flow 70 34 (31) 78 57 (22) 1 28 44 73
Balance, $m
Balance, $m Working capital 145 226 242 223 272 342 313 373 355 442
Total debt 662 677 990 901 776 784 839 840 931 919
Net debt 642 617 950 869 737 738 805 774 887 881
Shareholders’ equity 35 106 67 159 346 411 403 503 489 574
Returns, %
Returns, % ROA 2.66 2.54 1.75 4.38 7.71 5.23 3.76 5.03 2.81 2.97
ROIC 8.63 10.69 5.19 7.60 9.04 8.51 7.12 9.55 6.73 7.21
ROE 263.96 41.45 27.08 59.02 48.35 22.52 15.58 19.69 10.56 10.53
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Koppers Holdings Inc. vs peers in Specialty Chemicals (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
MTX Minerals Technologies Inc. $2.0B — (loss-making) 12.4× +3.69% (above 0%: growing) n/m +5.92% (above 0%: growing) 24.40% (40.17%) Compare
CC The Chemours Company $1.9B — (loss-making) 16.9× −1.49% (below 0%: shrinking) n/m +128.00% (above 0%: growing) 17.98% (13.39%) Compare
SCL Stepan Company $1.4B — (loss-making) 2,564× +15.04% (above 0%: growing) +100.00% (above 0%: growing) −4.42% (below 0%: shrinking) 14.61% 5.44% Compare
ECVT Ecovyst Inc. $1.1B — (loss-making) 18.2× +41.97% (above 0%: growing) +40.00% (above 0%: growing) −66.55% (below 0%: shrinking) 19.94% 7.75% Compare
ODC Oil-Dri Corporation Of America $1.1B 18.3× 37.5× +3.26% (above 0%: growing) +8.03% (above 0%: growing) −20.76% (below 0%: shrinking) 27.83% 14.11% Compare
KRO Kronos Worldwide Inc $851.7M — (loss-making) — (loss-making) +12.88% (above 0%: growing) n/m +291.58% (above 0%: growing) 18.42% 6.74% Compare
KOP Koppers Holdings Inc. $821.5M — (loss-making) 583× +3.03% (above 0%: growing) n/m −2.84% (below 0%: shrinking) 20.96% (31.92%)
LWLG Lightwave Logic Inc. $647.5M — (loss-making) — +28.13% (above 0%: growing) n/m −79.80% (below 0%: shrinking) 100.00% (22,161.89%) Compare
MATV Mativ Holdings, Inc. $644.1M 6.9× — (loss-making) +1.22% (above 0%: growing) n/m +19.37% (above 0%: growing) 21.31% 6.64% Compare
Median of peers $1.1B — 18.2× +8.29% +40.00% +0.75% 20.63% 6.04%

All 60 Specialty Chemicals stocks →

Koppers Holdings Inc. (KOP) key facts

  • Concern: Koppers Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, down 10.2% from fiscal 2024.
  • Koppers Holdings Inc. (KOP) is a Specialty Chemicals company in the Basic Materials sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, KOP traded at $43.32, a market capitalization of $821.5 million.
  • Koppers Holdings Inc. pays an annual dividend of $0.35 per share, a yield of 0.81%.
  • Return on equity was 10.5% and debt-to-equity 2.32.
  • Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 2.22 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Koppers Holdings Inc. (KOP) Latest News

8 Aug

Impact 3 · transcript

13 May

stockrow.com/KOP · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com