Koppers Holdings Inc.
Business
Koppers Holdings Inc. manufactures and distributes treated wood products, wood preservation chemicals, and carbon compounds for railroad, utility, construction, and industrial customers. The company operates three segments: Railroad and Utility Products and Services, which supplies railroad crossties and utility poles; Performance Chemicals, which produces copper-based wood preservatives and fire-retardant chemicals; and Carbon Materials and Chemicals, which manufactures creosote, carbon pitch, and naphthalene from coal tar distillation. Koppers serves markets across North America, South America, Australasia, and Europe.
Summary from 10-K filed 2026-02-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net sales | 1,879 | 2,092 | 2,154 | 1,981 | 1,679 | |
| Cost of sales | 1,432 | 1,670 | 1,730 | 1,636 | 1,345 | |
| Depreciation and amortization | 74 | 68 | 57 | 56 | 58 | |
| Selling, general and administrative | 155 | 179 | 174 | 153 | 149 | |
| Impairment and restructuring | 52 | 17 | 0 | 0 | 2 | |
| (Gain) loss on sale of assets | −400,000 | 11 | −2 | −3 | −31 | |
| Operating profit | 168 | 148 | 195 | 138 | 157 | |
| Other income, net | 7 | 1 | 400,000 | 3 | 4 | |
| Interest expense | 66 | 76 | 71 | — | — | |
| Loss on pension settlement | 27 | 4 | 0 | 0 | — | |
| Income before income taxes | 81 | 69 | 125 | 95 | 120 | |
| Income tax provision | 25 | 21 | 35 | 32 | 35 | |
| Net income | 56 | 49 | 90 | 63 | 85 | |
| Net income (loss) attributable to noncontrolling interests | 0 | −4 | 600,000 | −200,000 | −300,000 | |
| Net income attributable to Koppers | 56 | 52 | 89 | 63 | 85 | |
| Basic (in dollars per share) | 2.82 | 2.54 | 4.28 | 3.02 | 4 | |
| Diluted (in dollars per share) | 2.74 | 2.46 | 4.14 | 2.98 | 3.88 | |
| Basic (in shares) | 20 | 21 | 21 | 21 | 21 | |
| Diluted (in shares) | 20 | 21 | 22 | 21 | 22 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2024 2024-03-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 38 | 44 | — | 67 | 33 | |
| Accounts receivable, net of allowance of $7.0 and $6.9 | 159 | 192 | — | 202 | 216 | |
| Inventories, net | 411 | 405 | — | 396 | 356 | |
| Derivative contracts | 32 | 2 | — | 7 | 3 | |
| Other current assets | 29 | 39 | — | 27 | 29 | |
| Total current assets | 669 | 681 | — | 699 | 637 | |
| Property, plant and equipment, net | 651 | 661 | — | 632 | 557 | |
| Goodwill | 329 | 317 | 25 | 294 | 294 | |
| Intangible assets, net | 107 | 119 | — | 102 | 116 | |
| Operating lease right-of-use assets | 103 | 90 | — | 91 | 86 | |
| Deferred tax assets | 7 | 8 | — | 10 | 12 | |
| Other assets | 21 | 15 | — | 7 | 9 | |
| Total assets | 1,887 | 1,890 | — | 1,836 | 1,711 | |
| Accounts payable | 122 | 179 | — | 203 | 207 | |
| Accrued liabilities | 73 | 115 | — | 95 | 96 | |
| Current operating lease liabilities | 27 | 27 | — | 23 | 21 | |
| Current maturities of long-term debt | 5 | 5 | — | 5 | 0 | |
| Total current liabilities | 227 | 326 | — | 326 | 324 | |
| Long-term debt | 914 | 926 | — | 835 | 818 | |
| Operating lease liabilities | 76 | 64 | — | 67 | 66 | |
| Accrued post-retirement benefits | 14 | 15 | — | 32 | 35 | |
| Deferred tax liabilities | 44 | 26 | — | 26 | 22 | |
| Other long-term liabilities | 38 | 44 | — | 46 | 44 | |
| Total liabilities | 1,313 | 1,401 | — | 1,333 | 1,308 | |
| Commitments and contingent liabilities (Note 17) | — | — | — | — | — | |
| Senior Convertible Preferred Stock, $0.01 par value per share; 10,000,000 shares authorized; no shares issued | 0 | 0 | — | 0 | 0 | |
| Common Stock, $0.01 par value per share; 80,000,000 shares authorized; 26,213,052 and 25,761,084 shares issued | 300,000 | 300,000 | — | 300,000 | 200,000 | |
| Additional paid-in capital | 332 | 317 | — | 291 | 264 | |
| Retained earnings | 539 | 490 | — | 444 | 360 | |
| Accumulated other comprehensive loss | −61 | −121 | — | −89 | −97 | |
| Treasury stock, at cost, 6,757,247 and 5,480,230 shares | −237 | −199 | — | −148 | −128 | |
| Total Koppers shareholders equity | 574 | 489 | — | 499 | 399 | |
| Noncontrolling interests | 300,000 | 300,000 | — | 4 | 4 | |
| Total equity | 574 | 489 | — | 503 | 403 | |
| Total liabilities and equity | 1,887 | 1,890 | — | 1,836 | 1,711 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 74 | 68 | 57 | 56 | 58 | |
| Depreciation in impairment and restructuring | 20 | 4 | 0 | — | — | |
| Stock-based compensation | 14 | 21 | 17 | 13 | 13 | |
| Change in derivative contracts | −34 | 8 | −900,000 | 7 | 4 | |
| Non-cash interest expense | 4 | 3 | 5 | 3 | 3 | |
| (Gain) loss on sale of assets | −1 | 10 | −2 | — | — | |
| Insurance proceeds | −2 | −1 | −2 | −800,000 | −6 | |
| Pension settlement | 27 | 0 | 0 | — | — | |
| Deferred income taxes | 11 | 3 | 6 | 3 | 17 | |
| Change in other liabilities | 5 | −3 | 200,000 | 1 | 2 | |
| Cloud-based software implementation costs, net | −6 | 0 | 0 | — | — | |
| Other - net | −3 | 2 | 2 | 5 | 4 | |
| Accounts receivable | 31 | 8 | 15 | −32 | −13 | |
| Inventories | 10 | −6 | −37 | −42 | −24 | |
| Accounts payable | −57 | −19 | −400,000 | 33 | 21 | |
| Accrued liabilities | −33 | −19 | −2 | −7 | −21 | |
| Other working capital | 8 | −7 | −1 | 4 | −8 | |
| Net cash provided by operating activities | 123 | 119 | 146 | 102 | 103 | |
| Capital expenditures | −55 | −77 | −121 | −105 | −125 | |
| Acquisitions | −21 | −99 | 0 | −15 | 0 | |
| Insurance proceeds | 2 | 1 | 2 | 800,000 | 6 | |
| Sale of assets | 5 | 2 | 3 | 4 | — | |
| Sale of business and divestitures | 5 | 0 | 0 | — | — | |
| Other investing activities | −9 | 0 | 0 | — | — | |
| Net cash used in investing activities | −73 | −173 | −116 | −115 | −90 | |
| Borrowings of credit facility | 558 | 707 | 1,033 | 444 | 281 | |
| Repayments of credit facility | −566 | −712 | −896 | −406 | −266 | |
| Borrowings of long-term debt | 0 | 100 | 388 | 0 | 0 | |
| Repayments of long-term debt | −5 | −6 | −501 | −2 | −10 | |
| Issuances of Common Stock | 1 | 5 | 10 | 1 | 2 | |
| Repurchases of Common Stock | −38 | −51 | −20 | −24 | −12 | |
| Payment of debt issuance costs | −3 | −2 | −5 | −5 | 0 | |
| Dividends paid | −6 | −6 | −5 | −4 | 0 | |
| Net cash (used in) provided by financing activities | −59 | 36 | 3 | 5 | −4 | |
| Effect of exchange rate changes on cash | 3 | −4 | 500,000 | −5 | −3 | |
| Net (decrease) increase in cash and cash equivalents | −6 | −23 | 33 | −12 | 7 | |
| Right-of-use assets obtained in exchange for new operating lease liabilities | 39 | 24 | 27 | 12 | 13 | |
| Accrued capital expenditures | 2 | 2 | 6 | 11 | 7 | |
| Non-cash consideration for sale of assets and acquisition | 600,000 | 3 | 0 | 0 | — | |
| Interest | 64 | 79 | 70 | 41 | 38 | |
| Income taxes | 9 | 28 | 34 | 21 | 23 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Koppers Holdings Inc.'s CIK number?
Koppers Holdings Inc.'s SEC CIK number is 0001315257 (1315257). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Koppers Holdings Inc.'s SEC filings?
All of Koppers Holdings Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Koppers Holdings Inc. last report earnings?
Koppers Holdings Inc. (KOP) most recently filed an earnings 8-K with the SEC on May 8, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001315257-26-000036). This is Koppers Holdings Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Koppers Holdings Inc.'s most recent earnings 8-K?
Koppers Holdings Inc.'s latest earnings 8-K (Item 2.02) was filed May 8, 2026 under accession 0001315257-26-000036. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Koppers Holdings Inc.'s latest earnings 8-K →
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