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← CockpitCompetitor Analysis › KOP Koppers Holdings Inc.Open in the cockpit ↗

Koppers Holdings Inc.KOPCompetitor analysis, valuation and peers

United States · USD·Materials›Chemicals: Specialty
Momentum laggard 8
Mkt cap
$567M
US dollars, full cap
Free float
95%
of shares outstanding
$/day
$6.20M
20-day average traded
Fwd P/E
6.7×
forward earnings
ROIC−WACC
+3.8 pp
WACC 7.4%
Hurdle
-9 pp
Req g minus delivered
Next earnings
118 days
4 Mar 2027
Close · USD$29.97
1D-24.4%
1W-27.8%
1M-32.3%
3M-40.7%
6M-31.9%
YTD+10.7%
1Y+6.8%
ATR %7.8%
Beta0.94
52w lowhigh43.5% off high

What Koppers does

Employees: 1,859

Koppers at a glance

Size Koppers (KOP) is a United States Materials company (Chemicals: Specialty) with a market value of $567M, the 2607th largest of 3,117 United States companies the cockpit tracks. Shares closed at $29.97 on 6 Nov 2026.

Performance Over six months the shares fell 31.9%, against -15.2% for the median peer and -1.1% for the United States market (cap-weighted) — 6th lowest of 21 in its peer set.

Growth Revenue fell 5.0% over the last twelve months (peer median +12.7%); the operating margin is 10.1% (peer median 6.7%).

Valuation It trades at 6.7× forward earnings against a peer median of 16.0× (cheapest of 11).

Price implies For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is +2%, so the hurdle is -9 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 3.8 points above its cost of capital (7.4% WACC).

Short interest Short interest is 3.9% of the free float (15 Oct 2026).

Next results Next results expected around 4 Mar 2027 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026Peer median 84KOP 70
Six months, rebased to 100: Koppers against the median of its 20 peers (local-currency closes).

Koppers financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$1.89B$1.88B$2.09B$2.15B$1.98B
Revenue growth—-10%-3%+9%—
Gross profit$349M$393M$363M$367M$295M
EBITDA$267M$312M$251M$250M$198M
Net income-$86.9M$56.0M$52.4M$89.2M$64.0M
Free cash flow$139M$67.5M$42.0M$25.6M-$3.00M
Capital expenditure$52.3M$55.0M$77.4M$120M$105M
Total debt$1.00B$1.02B$1.02B$931M$904M

Quarterly statements and history in the cockpit →

Koppers competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%-20%0%121600IOLCP404700298613126031132103411649710024693001072851306007273015380028051711603051301557603276KOP6-month return →1-month return →
Up and to the right = strong over both horizons. Koppers is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%+60%20×40×60×121600IOLCP404700298613124971002469285130301538300481KOPRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Koppers is the large dot.

Capital: growth delivered against growth the price implies

-10%0%+10%+20%+30%0%20%121600IOLCP00298641164971301538603051603276KOPGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Koppers is the large dot.

Koppers competitors and peer comparison

How Koppers compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Koppers against its 20 peers (data as of 6 Nov 2026)
MeasureKOPPeer medianRank in peer set
1-month return-32.3%-11.7%3rd lowest of 21
6-month return-31.9%-15.2%6th lowest of 21
Distance from 52-week high-43.5%-40.5%11th highest of 21
Revenue growth (TTM)-5.0%+12.7%2nd lowest of 21
Operating margin10.1%6.7%6th highest of 21
Forward P/E6.7×16.0×cheapest of 11
Growth the price implies (Req g, 7 yrs)-7.1%17.8%least demanding of 9
Growth delivered (Del g)+2.4%+13.5%2nd lowest of 9
Hurdle (Req g minus delivered)-9.5 pp+5.4 pp3rd least demanding of 9
ROIC minus cost of capital+3.8 pp-2.7 pp3rd highest of 21
EV / EBITDA5.7×9.5×cheapest of 8
Net debt / EBITDA3.6×1.3×most indebted of 8

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Koppers KOPUnited States$567M-32%-5%10%6.7×-7.1%+2.4%
Advanced Nano Products 121600.KSSouth Korea$565M-23%+33%12%57.5×28.1%+18.2%
IOL Chemicals & Pharmaceuticals IOLCP.NSIndia$569M+87%+19%9%21.6×29.8%+3.5%
Kanto Denka Kogyo 4047.TJapan$570M-6%+13%12%9.8×n/an/a
Guangdong Yussen Energy Technology 002986.SZChina$571M-30%+57%2%7.4×-5.0%+27.8%
Grand Pacific Petrochemical 1312.TWTaiwan$571M+3%+28%-15%10.6×n/an/a
Jinneng Science & Technology 603113.SSChina$559M-34%+6%-4%n/an/an/a
TSRC 2103.TWTaiwan$576M+17%0%7%n/an/an/a
Dainichiseika Color & Chemicals Mfg.Co 4116.TJapan$576M+18%+2%7%n/a3.4%-2.1%
MEC 4971.TJapan$578M-47%+29%31%14.4×17.2%+11.9%
Shandong Sunway Chemical 002469.SZChina$579M-20%-19%3%24.6×n/an/a
Hebei Jianxin Chemical Industry 300107.SZChina$581M-6%+39%11%n/an/an/a
Skchem 285130.KSSouth Korea$588M-27%+27%0%33.8×n/an/a
Shandong Lubei Chemical 600727.SSChina$545M-15%+6%7%n/an/an/a
Shenzhen Jdd Tech New Material 301538.SZChina$591M-33%+10%18%14.6×15.3%+25.6%
Shandong Fengyuan Chemical 002805.SZChina$591M-38%+281%1%n/an/an/a
Everlight Chemical Industrial 1711.TWTaiwan$593M-45%-2%-1%n/an/an/a
Guangzhou Lushan New Materials 603051.SSChina$595M+5%-5%0%n/a32.5%+8.5%
Puyang Huicheng Electronic Material 300481.SZChina$540M-16%+11%9%17.4×n/an/a
Cytech 301557.SZChina$595M-3%+13%7%n/an/an/a
Jiangsu Hengxing New Material Technology 603276.SSChina$596M+7%+29%8%n/a18.5%+15.2%

Questions

Which companies are Koppers's closest peers?
The cockpit's peer set: Advanced Nano Products (121600.KS), IOL Chemicals & Pharmaceuticals (IOLCP.NS), Kanto Denka Kogyo (4047.T), Guangdong Yussen Energy Technology (002986.SZ), Grand Pacific Petrochemical (1312.TW), Jinneng Science & Technology (603113.SS), TSRC (2103.TW), Dainichiseika Color & Chemicals Mfg.Co (4116.T).
Is Koppers expensive compared with its peers?
On forward p/e it trades at 6.7× against a peer median of 16.0×, cheapest of 11 in its peer set. For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is +2%, so the hurdle is -9 pp: the price already allows for a slowdown.
How has Koppers stock performed?
Over six months to 6 Nov 2026 the shares returned -31.9% against -15.2% for the median peer; over one year +6.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.