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Makes advanced circuit materials and elastomer components used in electric vehicles, wireless infrastructure and defense electronics.
Makes advanced circuit materials and elastomer components used in electric vehicles, wireless infrastructure and defense electronics.
Sells specialty materials that engineers specify into a product's design, such as circuit laminates for high-frequency antennas and ceramic substrates for EV power electronics, so a design win means years of repeat orders.
Moat: narrow (IP / patents, process know-how, customer qualification). Specialized high-frequency circuit material technology qualified into EV, 5G and defense applications.
Headquarters: Chandler, Arizona, US · Founded: 1832 · Employees: 3,000
Size Rogers (ROG) is a United States Materials company (Chemicals: Specialty) with a market value of $2.17B, the 1742nd largest of 3,117 United States companies the cockpit tracks. Shares closed at $121.96 on 6 Nov 2026.
Performance Over six months the shares fell 13.3%, against -14.8% for the median peer and -1.1% for the United States market (cap-weighted) — 10th highest of 20 in its peer set.
Growth Revenue grew 6.7% over the last twelve months (peer median +7.8%); the operating margin is 9.8% (peer median 7.4%).
Valuation It trades at 26.2× forward earnings against a peer median of 13.3× (5th most expensive of 16).
Price implies For today's price to make sense, revenue must grow about 10% a year for seven years (Req g). Recent delivered growth is 0%, so the hurdle is +10 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 0.4 points below its cost of capital (7.0% WACC).
Short interest Short interest is 3.2% of the free float (15 Oct 2026).
Next results Next results expected around 23 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $855M | $811M | $830M | $908M | $971M |
| Revenue growth | — | -2% | -9% | -6% | — |
| Gross profit | $279M | $257M | $277M | $307M | $313M |
| EBITDA | $138M | $106M | $98.5M | $119M | $111M |
| Net income | $45.3M | -$61.8M | $26.1M | $56.6M | $117M |
| Free cash flow | $97.0M | $71.1M | $71.0M | $74.4M | $12.7M |
| Capital expenditure | $21.5M | $30.1M | $56.1M | $57.0M | $117M |
| Total debt | $21.7M | $30.6M | $25.8M | $50.4M | $230M |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Rogers ROG | $2.17B | -13% | +7% | 10% | 26.2× | 10.3% |
| DuPont DD | $19.4B | -1% | -43% | 14% | 18.3× | 14.7% |
| Park Aerospace PKE | $515M | -30% | +28% | 21% | 31.2× | 4.8% |
| Panasonic 6752.T | $44.5B | -6% | +4% | 8% | 13.5× | 9.8% |
| Taiwan Union Technology 6274.TWO | $8.21B | -26% | +87% | 23% | 13.9× | n/a |
| Shengyi Technology 600183.SS | $25.7B | -8% | +56% | 22% | 20.3× | 20.5% |
| Compagnie de Saint-Gobain SGO.PA | $40.7B | -3% | -2% | 10% | 12.1× | 5.1% |
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.
| Measure | ROG | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -17.7% | -7.7% | 5th lowest of 21 |
| 6-month return | -13.3% | -14.8% | 10th highest of 20 |
| Distance from 52-week high | -27.8% | -39.1% | 8th highest of 21 |
| Revenue growth (TTM) | +6.7% | +7.8% | 10th lowest of 20 |
| Operating margin | 9.8% | 7.4% | 9th highest of 20 |
| Forward P/E | 26.2× | 13.3× | 5th most expensive of 16 |
| Growth the price implies (Req g, 7 yrs) | 10.3% | 9.0% | 7th least demanding of 13 |
| Growth delivered (Del g) | +0.2% | +6.4% | 3rd lowest of 13 |
| Hurdle (Req g minus delivered) | +10.1 pp | +5.1 pp | 7th least demanding of 13 |
| ROIC minus cost of capital | -0.4 pp | -2.4 pp | 7th highest of 20 |
| EV / EBITDA | 14.2× | 7.4× | most expensive of 8 |
| Net debt / EBITDA | -1.6× | 2.0× | least indebted of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Rogers ROG | United States | $2.17B | -13% | +7% | 10% | 26.2× | 10.3% | +0.2% |
| Zhejiang Yonghe Refrigerant 605020.SS | China | $2.17B | +5% | +25% | 18% | 13.3× | n/a | n/a |
| Epoxy Base Electronic Material 603002.SS | China | $2.19B | -7% | +73% | 7% | 71.6× | n/a | n/a |
| SKC 011790.KS | South Korea | $2.14B | -46% | +24% | -9% | n/a | n/a | n/a |
| Deepak Nitrite DEEPAKNTR.NS | India | $2.22B | -17% | +25% | 14% | 16.5× | n/a | n/a |
| Tinergy Chemical 002145.SZ | China | $2.23B | -15% | +17% | 9% | n/a | n/a | n/a |
| Shaanxi Beiyuan Chemical Industry 601568.SS | China | $2.11B | -9% | -8% | -4% | 11.8× | 11.8% | -1.8% |
| Sinochem International 600500.SS | China | $2.27B | -7% | -5% | -1% | n/a | 11.9% | -2.7% |
| Ningbo Ronbay New Energy Technology 688005.SS | China | $2.05B | -45% | +41% | 1% | 37.8× | n/a | n/a |
| Kaneka 4118.T | Japan | $2.30B | +23% | +4% | 5% | 11.6× | 4.9% | +7.0% |
| Dongyue 0189.HK | Hong Kong | $2.04B | -28% | +8% | 19% | 5.6× | -12.4% | +6.6% |
| Shanghai Huayi 600623.SS | China | $2.41B | -24% | +5% | n/a | 14.8× | -11.1% | +10.3% |
| Ube 4208.T | Japan | $1.94B | +33% | +3% | 4% | 12.0× | n/a | n/a |
| Shandong Dongyue Silicone Material 300821.SZ | China | $2.43B | -11% | +13% | 13% | n/a | 20.7% | +8.6% |
| Chemours CC | United States | $1.92B | -45% | -1% | 3% | 8.2× | 16.1% | +3.2% |
| Guangdong Huate Gas 688268.SS | China | $1.92B | -47% | +27% | 13% | 56.1× | 35.6% | +7.2% |
| Minerals Technologies MTX | United States | $1.91B | -22% | +5% | 13% | 9.8× | 0.5% | +5.4% |
| Lily 603823.SS | China | $1.91B | +85% | +2% | 10% | 58.1× | 27.9% | +1.4% |
| Standard Nuclear STDN | United States | $1.90B | n/a | n/a | -288% | n/a | n/a | n/a |
| Daicel 4202.T | Japan | $2.48B | +24% | +2% | 7% | 11.1× | 6.1% | +8.1% |
| Lianhe Chemical Technology 002250.SZ | China | $1.90B | -16% | +28% | 13% | 19.7× | -3.4% | +6.1% |