Koppers Holdings Inc. provides treated wood products, wood preservation chemicals, and carbon compounds in the United States, Australasia, Europe, and internationally. It operates through three segments: Railroad and Utility Products and Services; Performance Chemicals; and Carbon Materials and Chemicals. The company procures and treats crossties, switch ties, and various types of lumber used for railroad bridges and crossings; offers utility products, including pressure treatment of transmission and distribution poles for electric and telephone utilities; untreated wood products and rail joint bars; provides railroad markets and inspection services to the utility markets; and operate a business related to the recovery of used crossties. It also provides copper-based wood preservatives comprising micronized copper azole, micronized pigments, alkaline copper quaternary, amine copper azole, dichloro-octyl-isothiazolinone, chromated copper arsenate under the MicroPro and MicroShades brands for decking, fencing, utility poles, construction lumber and timbers, and various agricultural applications; and supplies fire-retardant chemicals under the FlamePro brand for pressure treatment of wood applications. In addition, the company offers creosote for the treatment of wood or as a feedstock in the production of carbon black; carbon pitch, a raw material used in the production of aluminum and steel; naphthalene for use as a surfactant in the production of concrete; and carbon black feedstock. It serves the railroad, specialty chemical, utility, residential lumber, agriculture, aluminum, steel, rubber, and construction sectors. Koppers Holdings Inc. was founded in 1988 and is headquartered in Pittsburgh, Pennsylvania.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.9B | $221M | $56M | $68M | 9.8% | -10.2% | 6.9% |
| 2024 | $2.1B | $213M | $52M | $42M | 10.7% | -2.9% | -41.3% |
| 2023 | $2.2B | $253M | $89M | $26M | 17.9% | 8.8% | 40.7% |
| 2022 | $2.0B | $196M | $63M | $-3M | 15.9% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,980.50 | 2,154.20 | 2,092.10 | 1,879.30 |
| Operating Revenue | - | 1,980.50 | 2,154.20 | 2,092.10 | 1,879.30 |
| Cost Of Revenue | - | 1,635.90 | 1,729.70 | 1,669.50 | 1,431.50 |
| Gross Profit | - | 344.60 | 424.50 | 422.60 | 447.80 |
| Operating Expense | - | 209.40 | 231.10 | 246.80 | 228.50 |
| Selling General And Administration | - | 153.30 | 174.10 | 179.30 | 154.90 |
| Total Expenses | - | 1,845.30 | 1,960.80 | 1,916.30 | 1,660 |
| Operating Income | - | 135.20 | 193.40 | 175.80 | 219.30 |
| Total Operating Income As Reported | - | 137.70 | 195.20 | 148.20 | 167.80 |
| EBITDA | - | 196.30 | 252.60 | 213 | 220.90 |
| Normalized EBITDA | - | 193.80 | 250.80 | 240.60 | 272.40 |
| EBIT | - | 140.20 | 195.60 | 145.50 | 147.30 |
| Interest Expense | - | 44.80 | 71 | 76.20 | 66.10 |
| Net Interest Income | - | -44.80 | -71 | -76.20 | -66.10 |
| Other Non Operating Income Expenses | - | 2.50 | 0.40 | -2.70 | -20.50 |
| Other Income Expense | - | 5 | 2.20 | -30.30 | -72 |
| Interest Expense Non Operating | - | 44.80 | 71 | 76.20 | 66.10 |
| Net Non Operating Interest Income Expense | - | -44.80 | -71 | -76.20 | -66.10 |
| Pretax Income | - | 95.40 | 124.60 | 69.30 | 81.20 |
| Tax Provision | - | 31.60 | 34.80 | 20.70 | 25.20 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0.83 | 0.50 | -8.25 | -15.96 |
| Net Income Continuous Operations | - | 63.80 | 89.80 | 48.60 | 56 |
| Net Income From Continuing And Discontinued Operation | - | 63.40 | 89.20 | 52.40 | 56 |
| Net Income From Continuing Operation Net Minority Interest | - | 64 | 89.20 | 52.40 | 56 |
| Net Income | - | 63.40 | 89.20 | 52.40 | 56 |
| Net Income Common Stockholders | - | 63.40 | 89.20 | 52.40 | 56 |
| Net Income Including Noncontrolling Interests | - | 63.20 | 89.80 | 48.60 | 56 |
| Normalized Income | - | 62.33 | 87.90 | 71.75 | 91.54 |
| Diluted NI Availto Com Stockholders | - | 63.40 | 89.20 | 52.40 | 56 |
| Basic Average Shares | - | 20.98 | 20.84 | 20.66 | 19.86 |
| Diluted Average Shares | - | 21.31 | 21.54 | 21.29 | 20.40 |
| Reconciled Depreciation | - | 56.10 | 57 | 67.50 | 73.60 |
| Reconciled Cost Of Revenue | - | 1,635.90 | 1,729.70 | 1,669.50 | 1,431.50 |
| Total Unusual Items | - | 2.50 | 1.80 | -27.60 | -51.50 |
| Total Unusual Items Excluding Goodwill | - | 2.50 | 1.80 | -27.60 | -51.50 |
| Minority Interests | - | 0.20 | -0.60 | 3.80 | 0 |
| Net Income Discontinuous Operations | -0.20 | -0.60 | 0 | 0 | - |
| Special Income Charges | - | 2.50 | 1.80 | -27.60 | -51.50 |
| Other Special Charges | - | - | - | 0.30 | 29 |
| Write Off | 2.20 | 0 | 0 | 16.90 | - |
| Impairment Of Capital Assets | 2.20 | 0 | 0 | 16.90 | - |
| Restructuring And Mergern Acquisition | - | 0 | 0 | 8.70 | 4.20 |
| Depreciation Amortization Depletion Income Statement | - | 56.10 | 57 | 67.50 | 73.60 |
| Depreciation And Amortization In Income Statement | - | 56.10 | 57 | 67.50 | 73.60 |
| Gain On Sale Of Ppe | - | 2.50 | 1.80 | -18.60 | -18.30 |
Basic Materials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Koppers Holdings Inc.this co. | KOP | $811M | 14.48 | 1.41 | 9.8% | 8.13 |
| ASP Isotopes Inc. | ASPI | $1.0B | - | 4.92 | -85.8% | - |
| LSB Industries, Inc. | LXU | $927M | 37.67 | 1.78 | 4.7% | 9.63 |
| NioCorp Developments Ltd. | NB | $858M | -49.27 | 30.28 | -61.5% | -46.40 |
| Metallus Inc. | MTUS | $838M | -698.65 |
| - |
| - |
| - |
| - |
| - |
| 1.22 |
| -0.2% |
| 11.55 |
| SunCoke Energy, Inc. | SXC | $801M | -18.12 | 1.34 | -7.4% | 12.88 |
| Kronos Worldwide, Inc. | KRO | $789M | -7.12 | 1.05 | -14.8% | 65.36 |
| Ferroglobe PLC | GSM | $766M | -4.49 | 1.29 | -28.7% | -12.41 |
| Dakota Gold Corp. | DC | $754M | -25.53 | 6.70 | -26.3% | -24.64 |
| Peer Median | - | -18.12 | 1.56 | -20.5% | 9.63 | |