vs

Side-by-side financial comparison of ANI PHARMACEUTICALS INC (ANIP) and Koppers Holdings Inc. (KOP). Click either name above to swap in a different company.

Koppers Holdings Inc. is the larger business by last-quarter revenue ($432.7M vs $247.1M, roughly 1.8× ANI PHARMACEUTICALS INC). ANI PHARMACEUTICALS INC runs the higher net margin — 11.1% vs 6.9%, a 4.3% gap on every dollar of revenue. On growth, ANI PHARMACEUTICALS INC posted the faster year-over-year revenue change (29.6% vs -9.3%). ANI PHARMACEUTICALS INC produced more free cash flow last quarter ($29.1M vs $28.5M). Over the past eight quarters, ANI PHARMACEUTICALS INC's revenue compounded faster (34.1% CAGR vs -6.7%).

ANI Pharmaceuticals Inc is a U.S.-based specialty pharmaceutical firm that develops, manufactures and sells generic and branded prescription drugs. Its key segments cover dermatology, oncology, CNS therapies and anti-infectives, primarily serving U.S. healthcare providers, retail pharmacies and institutional medical clients.

Koppers is a global chemical and materials company based in Pittsburgh, Pennsylvania, United States. Its headquarters is an art-deco 1920s skyscraper, the Koppers Tower.

ANIP vs KOP — Head-to-Head

Bigger by revenue
KOP
KOP
1.8× larger
KOP
$432.7M
$247.1M
ANIP
Growing faster (revenue YoY)
ANIP
ANIP
+38.9% gap
ANIP
29.6%
-9.3%
KOP
Higher net margin
ANIP
ANIP
4.3% more per $
ANIP
11.1%
6.9%
KOP
More free cash flow
ANIP
ANIP
$623.0K more FCF
ANIP
$29.1M
$28.5M
KOP
Faster 2-yr revenue CAGR
ANIP
ANIP
Annualised
ANIP
34.1%
-6.7%
KOP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ANIP
ANIP
KOP
KOP
Revenue
$247.1M
$432.7M
Net Profit
$27.5M
$29.7M
Gross Margin
25.6%
Operating Margin
14.1%
11.5%
Net Margin
11.1%
6.9%
Revenue YoY
29.6%
-9.3%
Net Profit YoY
367.5%
391.2%
EPS (diluted)
$1.14
$1.44

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ANIP
ANIP
KOP
KOP
Q4 25
$247.1M
$432.7M
Q3 25
$227.8M
$485.3M
Q2 25
$211.4M
$504.8M
Q1 25
$197.1M
$456.5M
Q4 24
$190.6M
$477.0M
Q3 24
$148.3M
$554.3M
Q2 24
$138.0M
$563.2M
Q1 24
$137.4M
$497.6M
Net Profit
ANIP
ANIP
KOP
KOP
Q4 25
$27.5M
$29.7M
Q3 25
$26.6M
$23.8M
Q2 25
$8.5M
$16.4M
Q1 25
$15.7M
$-13.9M
Q4 24
$-10.3M
$-10.2M
Q3 24
$-24.2M
$22.8M
Q2 24
$-2.3M
$26.8M
Q1 24
$18.2M
$13.0M
Gross Margin
ANIP
ANIP
KOP
KOP
Q4 25
25.6%
Q3 25
24.1%
Q2 25
22.6%
Q1 25
23.2%
Q4 24
17.5%
Q3 24
21.9%
Q2 24
21.6%
Q1 24
19.3%
Operating Margin
ANIP
ANIP
KOP
KOP
Q4 25
14.1%
11.5%
Q3 25
15.9%
10.7%
Q2 25
6.6%
7.7%
Q1 25
13.3%
5.9%
Q4 24
-2.3%
1.3%
Q3 24
-13.8%
9.0%
Q2 24
3.7%
10.2%
Q1 24
14.8%
7.0%
Net Margin
ANIP
ANIP
KOP
KOP
Q4 25
11.1%
6.9%
Q3 25
11.7%
4.9%
Q2 25
4.0%
3.2%
Q1 25
8.0%
-3.0%
Q4 24
-5.4%
-2.1%
Q3 24
-16.3%
4.1%
Q2 24
-1.7%
4.8%
Q1 24
13.2%
2.6%
EPS (diluted)
ANIP
ANIP
KOP
KOP
Q4 25
$1.14
$1.44
Q3 25
$1.13
$1.17
Q2 25
$0.36
$0.81
Q1 25
$0.69
$-0.68
Q4 24
$-0.45
$-0.47
Q3 24
$-1.27
$1.09
Q2 24
$-0.14
$1.25
Q1 24
$0.82
$0.59

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ANIP
ANIP
KOP
KOP
Cash + ST InvestmentsLiquidity on hand
$285.6M
Total DebtLower is stronger
$928.3M
Stockholders' EquityBook value
$540.7M
$574.0M
Total Assets
$1.4B
$1.9B
Debt / EquityLower = less leverage
1.62×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANIP
ANIP
KOP
KOP
Q4 25
$285.6M
Q3 25
$262.6M
Q2 25
$217.8M
Q1 25
$149.8M
Q4 24
$144.9M
Q3 24
$145.0M
Q2 24
$240.1M
Q1 24
$228.6M
Total Debt
ANIP
ANIP
KOP
KOP
Q4 25
$928.3M
Q3 25
$932.9M
Q2 25
$977.5M
Q1 25
$989.0M
Q4 24
$939.5M
Q3 24
$989.4M
Q2 24
$1.0B
Q1 24
$877.6M
Stockholders' Equity
ANIP
ANIP
KOP
KOP
Q4 25
$540.7M
$574.0M
Q3 25
$505.8M
$545.6M
Q2 25
$436.8M
$526.8M
Q1 25
$418.6M
$498.0M
Q4 24
$403.7M
$488.7M
Q3 24
$405.9M
$532.3M
Q2 24
$455.8M
$509.2M
Q1 24
$452.0M
$505.8M
Total Assets
ANIP
ANIP
KOP
KOP
Q4 25
$1.4B
$1.9B
Q3 25
$1.4B
$1.9B
Q2 25
$1.3B
$1.9B
Q1 25
$1.3B
$1.9B
Q4 24
$1.3B
$1.9B
Q3 24
$1.3B
$2.0B
Q2 24
$920.8M
$1.9B
Q1 24
$914.5M
$1.8B
Debt / Equity
ANIP
ANIP
KOP
KOP
Q4 25
1.62×
Q3 25
1.71×
Q2 25
1.86×
Q1 25
1.99×
Q4 24
1.92×
Q3 24
1.86×
Q2 24
1.97×
Q1 24
1.74×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ANIP
ANIP
KOP
KOP
Operating Cash FlowLast quarter
$30.4M
$45.1M
Free Cash FlowOCF − Capex
$29.1M
$28.5M
FCF MarginFCF / Revenue
11.8%
6.6%
Capex IntensityCapex / Revenue
0.5%
3.8%
Cash ConversionOCF / Net Profit
1.10×
1.52×
TTM Free Cash FlowTrailing 4 quarters
$171.4M
$67.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ANIP
ANIP
KOP
KOP
Q4 25
$30.4M
$45.1M
Q3 25
$44.1M
$49.6M
Q2 25
$75.8M
$50.5M
Q1 25
$35.0M
$-22.7M
Q4 24
$15.9M
$74.7M
Q3 24
$12.5M
$29.8M
Q2 24
$17.4M
$27.2M
Q1 24
$18.3M
$-12.3M
Free Cash Flow
ANIP
ANIP
KOP
KOP
Q4 25
$29.1M
$28.5M
Q3 25
$38.0M
$37.6M
Q2 25
$71.8M
$38.4M
Q1 25
$32.5M
$-37.0M
Q4 24
$13.5M
$56.1M
Q3 24
$7.7M
$14.4M
Q2 24
$13.0M
$10.1M
Q1 24
$13.7M
$-38.6M
FCF Margin
ANIP
ANIP
KOP
KOP
Q4 25
11.8%
6.6%
Q3 25
16.7%
7.7%
Q2 25
34.0%
7.6%
Q1 25
16.5%
-8.1%
Q4 24
7.1%
11.8%
Q3 24
5.2%
2.6%
Q2 24
9.4%
1.8%
Q1 24
10.0%
-7.8%
Capex Intensity
ANIP
ANIP
KOP
KOP
Q4 25
0.5%
3.8%
Q3 25
2.7%
2.5%
Q2 25
1.9%
2.4%
Q1 25
1.3%
3.1%
Q4 24
1.3%
3.9%
Q3 24
3.2%
2.8%
Q2 24
3.2%
3.0%
Q1 24
3.3%
5.3%
Cash Conversion
ANIP
ANIP
KOP
KOP
Q4 25
1.10×
1.52×
Q3 25
1.66×
2.08×
Q2 25
8.87×
3.08×
Q1 25
2.23×
Q4 24
Q3 24
1.31×
Q2 24
1.01×
Q1 24
1.00×
-0.95×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ANIP
ANIP

Sales Of Cortrophin Gel$111.4M45%
Sales Of Generic Pharmaceutical Products$100.8M41%
Sales Of ILUVIEN And YUTIQ$19.8M8%
Sales Of Established Brands$12.3M5%
Unapproved Products$6.5M3%
Sales Of Royalties And Other Pharmaceutical Services$2.7M1%

KOP
KOP

Other$127.8M30%
Railroad Treated Products$119.0M28%
Utility Poles$79.8M18%
Pitch And Related Products$74.1M17%
Carbon Black Feedstock And Distillates$14.4M3%
Railroad Infrastructure Products And Services$9.9M2%
Phthalic Anhydride Naphthalene And Other Chemicals$7.7M2%

Related Comparisons