Investor Relations

Customers come back to Koppers because they know they can depend on us for quality, timeliness and attention to detail.

Fundamentals - Annual Income Statement

  Year Ending Dec 2019 (Update) Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Reclassified) Year Ending Dec 2016 (Reclassified) Year Ending Dec 2015 (Update)
Net Sales 1,772.80 1,710.20 1,475.50 1,416.20 1,626.90
Revenue 1,772.80 1,710.20 1,475.50 1,416.20 1,626.90
Total Revenue 1,772.80 1,710.20 1,475.50 1,416.20 1,626.90
Cost of Revenue 1,430.00 1,375.10 1,153.40 1,126.20 1,366.70
Cost of Revenue, Total 1,430.00 1,375.10 1,153.40 1,126.20 1,366.70
Gross Profit 342.80 335.10 322.10 290.00 260.20
Selling/General/Administrative Expense 138.80 149.10 121.90 116.80 120.80
Labor & Related Expense 12.10 12.50 10.60 8.90 3.80
Selling/General/Administrative Expenses, Total 150.90 161.60 132.50 125.70 124.60
Depreciation 55.10 50.80 49.80 52.90 59.00
Amortization of Intangibles, Operating -- -- -- -- --
Depreciation/Amortization 55.10 50.80 49.80 52.90 59.00
Impairment-Assets Held for Use 6.00 4.00 16.20 20.10 109.40
Loss (Gain) on Sale of Assets - Operating 0.00 8.30 0.00 -2.10 --
Other Unusual Expense (Income) 0.00 0.00 23.30 4.40 -3.20
Unusual Expense (Income) 6.00 12.30 39.50 22.40 106.20
Total Operating Expense 1,642.00 1,599.80 1,375.20 1,327.20 1,656.50
Operating Income 130.80 110.40 100.30 89.00 -29.60
Interest Expense - Non-Operating -62.50 -56.30 -42.50 -50.80 -50.70
Interest Expense, Net Non-Operating -62.50 -56.30 -42.50 -50.80 -50.70
Interest Income (Expense), Net-Non-Operating, Total -62.50 -56.30 -42.50 -50.80 -50.70
Other Non-Operating Income (Expense) 0.60 0.70 2.50 0.30 0.20
Other, Net 0.60 0.70 2.50 0.30 0.20
Net Income Before Taxes 68.90 54.80 60.30 38.50 -80.10
Income Tax – Total 1.40 21.20 8.50 11.40 -4.20
Income After Tax 67.50 33.60 51.80 27.10 -75.90
Minority Interest -0.80 -5.80 -1.40 1.60 4.00
Net Income Before Extraordinary Items 66.70 27.80 50.40 28.70 -71.90
Discontinued Operations -0.10 0.80 -1.00 0.90 -0.10
Extraordinary Item -- -4.80 -20.50 -- --
Tax on Extraordinary Items 0.00 -0.40 0.20 -0.30 --
Total Extraordinary Items -0.10 -4.40 -21.30 0.60 -0.10
Net Income 66.60 23.40 29.10 29.30 -72.00
Income Available to Common Excluding Extraordinary Items 66.70 27.80 50.40 28.70 -71.90
Income Available to Common Stocks Including Extraordinary Items 66.60 23.40 29.10 29.30 -72.00
Basic Weighted Average Shares 20.67 20.87 20.75 20.64 20.54
Basic EPS Excluding Extraordinary Items 3.23 1.33 2.43 1.39 -3.50
Basic EPS Including Extraordinary Items 3.22 1.12 1.40 1.42 -3.51
Dilution Adjustment -- -- -- -- 0.00
Diluted Net Income 66.60 23.40 29.10 29.30 -72.00
Diluted Weighted Average Shares 21.07 21.33 22.00 21.06 20.54
Diluted EPS Excluding Extraordinary Items 3.17 1.30 2.29 1.36 -3.50
Diluted EPS Including Extraordinary Items 3.16 1.10 1.32 1.39 -3.51
DPS - Common Stock Primary Issue -- -- -- -- --
Gross Dividends - Common Stock 0.00 0.00 0.00 0.00 0.00
Impairment-Assets Held for Sale, Supplemental -- -- -- -- --
Non-Recurring Items, Total -- -- -- -- --
Total Special Items 6.00 12.30 39.50 22.40 106.20
Normalized Income Before Taxes 74.90 67.10 99.80 60.90 26.10
Effect of Special Items on Income Taxes 0.12 4.76 5.57 6.63 37.17
Income Taxes Excluding Impact of Special Items 1.52 25.96 14.07 18.03 32.97
Normalized Income After Taxes 73.38 41.14 85.73 42.87 -6.87
Normalized Income Available to Common 72.58 35.34 84.33 44.47 -2.87
Basic Normalized EPS 3.51 1.69 4.06 2.15 -0.14
Diluted Normalized EPS 3.44 1.66 3.83 2.11 -0.14
Amortization of Intangibles, Supplemental 20.70 19.20 14.60 14.80 15.30
Depreciation, Supplemental 34.40 31.60 35.20 38.10 43.70
Interest Expense, Supplemental 62.50 56.30 42.50 50.80 50.70
Rental Expense, Supplemental 35.50 49.40 50.40 50.30 46.40
Stock-Based Compensation, Supplemental 12.10 12.50 10.60 8.90 3.80
Minority Interest, Supplemental -0.80 -5.80 -1.40 1.60 4.00
Research & Development Expense, Supplemental -- -- -- -- 5.20
Audit-Related Fees, Supplemental -- 2.95 2.99 1.97 2.80
Audit-Related Fees -- 0.03 0.04 0.02 0.02
Tax Fees, Supplemental -- 0.74 1.14 1.46 0.05
All Other Fees Paid to Auditor, Supplemental -- 0.00 0.00 0.00 0.00
Gross Margin 19.34 19.59 21.83 20.48 15.99
Operating Margin 7.38 6.46 6.80 6.28 -1.82
Pretax Margin 3.89 3.20 4.09 2.72 -4.92
Effective Tax Rate 2.03 38.69 14.10 29.61 --
Net Profit Margin 3.76 1.63 3.42 2.03 -4.42
Normalized EBIT 136.80 122.70 139.80 111.40 76.60
Normalized EBITDA 191.90 173.50 189.60 164.30 135.60
Current Tax - Domestic -3.50 -1.20 11.10 -1.90 -4.20
Current Tax - Foreign 15.30 18.00 15.70 13.30 16.00
Current Tax - Local 0.50 0.10 0.60 1.30 0.20
Current Tax - Total 12.30 16.90 27.40 12.70 12.00
Deferred Tax - Domestic 3.10 4.80 -17.90 -1.60 -19.20
Deferred Tax - Foreign -14.40 -0.30 0.20 -0.20 0.00
Deferred Tax - Local 0.40 -0.20 -1.20 0.50 3.00
Deferred Tax - Total -10.90 4.30 -18.90 -1.30 -16.20
Income Tax - Total 1.40 21.20 8.50 11.40 -4.20
Interest Cost - Domestic 7.80 7.50 9.00 11.00 10.90
Service Cost - Domestic 1.50 1.90 2.00 1.70 2.00
Prior Service Cost - Domestic -- -- 0.00 0.00 -0.30
Expected Return on Assets - Domestic -7.90 -8.50 -9.60 -10.50 -12.00
Actuarial Gains and Losses - Domestic 1.60 1.40 1.90 2.20 6.60
Curtailments & Settlements - Domestic -- -- -- -- --
Transition Costs - Domestic -- -- -- -- --
Domestic Pension Plan Expense 3.00 2.30 3.30 4.40 7.20
Interest Cost - Post-Retirement 0.40 0.40 0.40 0.40 0.40
Service Cost - Post-Retirement 0.10 0.10 0.10 0.10 0.10
Prior Service Cost - Post-Retirement -- -- 0.00 0.00 -0.10
Expected Return on Assets - Post-Retirement 0.00 0.00 0.00 0.00 0.00
Actuarial Gains and Losses - Post-Retirement -0.20 0.00 -0.20 0.40 0.30
Transition Costs - Post-Retirement -- -- -- -- --
Post-Retirement Plan Expense 0.30 0.50 0.30 0.90 0.70
Defined Contribution Expense - Domestic 8.30 7.50 8.90 7.80 6.00
Total Pension Expense 11.60 10.30 12.50 13.10 13.90
Discount Rate - Domestic 3.05 4.03 3.51 4.09 4.52
Discount Rate - Post-Retirement 3.43 4.45 3.88 4.53 4.73
Expected Rate of Return - Domestic 4.30 4.83 4.62 5.10 5.16
Compensation Rate - Domestic 3.00 3.41 3.50 3.50 3.82
Total Plan Interest Cost 8.20 7.90 9.40 11.40 11.30
Total Plan Service Cost 1.60 2.00 2.10 1.80 2.10
Total Plan Expected Return -7.90 -8.50 -9.60 -10.50 -12.00
About-koppers