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Side-by-side financial comparison of Claritev Corp (CTEV) 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 $246.6M, roughly 1.8× Claritev Corp). Koppers Holdings Inc. runs the higher net margin — 6.9% vs -32.7%, a 39.5% gap on every dollar of revenue. On growth, Claritev Corp posted the faster year-over-year revenue change (6.2% vs -9.3%). Claritev Corp produced more free cash flow last quarter ($36.4M vs $28.5M). Over the past eight quarters, Claritev Corp's revenue compounded faster (2.5% CAGR vs -6.7%).

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.

CTEV vs KOP — Head-to-Head

Bigger by revenue
KOP
KOP
1.8× larger
KOP
$432.7M
$246.6M
CTEV
Growing faster (revenue YoY)
CTEV
CTEV
+15.5% gap
CTEV
6.2%
-9.3%
KOP
Higher net margin
KOP
KOP
39.5% more per $
KOP
6.9%
-32.7%
CTEV
More free cash flow
CTEV
CTEV
$7.9M more FCF
CTEV
$36.4M
$28.5M
KOP
Faster 2-yr revenue CAGR
CTEV
CTEV
Annualised
CTEV
2.5%
-6.7%
KOP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CTEV
CTEV
KOP
KOP
Revenue
$246.6M
$432.7M
Net Profit
$-80.6M
$29.7M
Gross Margin
25.6%
Operating Margin
-3.1%
11.5%
Net Margin
-32.7%
6.9%
Revenue YoY
6.2%
-9.3%
Net Profit YoY
41.6%
391.2%
EPS (diluted)
$-4.88
$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
CTEV
CTEV
KOP
KOP
Q4 25
$246.6M
$432.7M
Q3 25
$246.0M
$485.3M
Q2 25
$241.6M
$504.8M
Q1 25
$231.3M
$456.5M
Q4 24
$232.1M
$477.0M
Q3 24
$230.5M
$554.3M
Q2 24
$233.5M
$563.2M
Q1 24
$234.5M
$497.6M
Net Profit
CTEV
CTEV
KOP
KOP
Q4 25
$-80.6M
$29.7M
Q3 25
$-69.8M
$23.8M
Q2 25
$-62.6M
$16.4M
Q1 25
$-71.3M
$-13.9M
Q4 24
$-138.0M
$-10.2M
Q3 24
$-391.4M
$22.8M
Q2 24
$-576.7M
$26.8M
Q1 24
$-539.7M
$13.0M
Gross Margin
CTEV
CTEV
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
CTEV
CTEV
KOP
KOP
Q4 25
-3.1%
11.5%
Q3 25
4.1%
10.7%
Q2 25
6.9%
7.7%
Q1 25
4.2%
5.9%
Q4 24
-17.8%
1.3%
Q3 24
-146.7%
9.0%
Q2 24
-224.4%
10.2%
Q1 24
-207.4%
7.0%
Net Margin
CTEV
CTEV
KOP
KOP
Q4 25
-32.7%
6.9%
Q3 25
-28.4%
4.9%
Q2 25
-25.9%
3.2%
Q1 25
-30.8%
-3.0%
Q4 24
-59.4%
-2.1%
Q3 24
-169.8%
4.1%
Q2 24
-247.0%
4.8%
Q1 24
-230.1%
2.6%
EPS (diluted)
CTEV
CTEV
KOP
KOP
Q4 25
$-4.88
$1.44
Q3 25
$-4.23
$1.17
Q2 25
$-3.81
$0.81
Q1 25
$-4.38
$-0.68
Q4 24
$-8.49
$-0.47
Q3 24
$-24.25
$1.09
Q2 24
$-35.78
$1.25
Q1 24
$-33.40
$0.59

Balance Sheet & Financial Strength

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

Metric
CTEV
CTEV
KOP
KOP
Cash + ST InvestmentsLiquidity on hand
$16.8M
Total DebtLower is stronger
$4.6B
$928.3M
Stockholders' EquityBook value
$-173.9M
$574.0M
Total Assets
$4.9B
$1.9B
Debt / EquityLower = less leverage
1.62×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTEV
CTEV
KOP
KOP
Q4 25
$16.8M
Q3 25
$39.2M
Q2 25
$56.4M
Q1 25
$23.1M
Q4 24
$16.8M
Q3 24
$86.6M
Q2 24
$48.8M
Q1 24
$58.7M
Total Debt
CTEV
CTEV
KOP
KOP
Q4 25
$4.6B
$928.3M
Q3 25
$4.5B
$932.9M
Q2 25
$4.5B
$977.5M
Q1 25
$4.5B
$989.0M
Q4 24
$4.5B
$939.5M
Q3 24
$4.5B
$989.4M
Q2 24
$4.5B
$1.0B
Q1 24
$4.5B
$877.6M
Stockholders' Equity
CTEV
CTEV
KOP
KOP
Q4 25
$-173.9M
$574.0M
Q3 25
$-101.8M
$545.6M
Q2 25
$-39.9M
$526.8M
Q1 25
$14.8M
$498.0M
Q4 24
$84.0M
$488.7M
Q3 24
$207.6M
$532.3M
Q2 24
$603.4M
$509.2M
Q1 24
$1.2B
$505.8M
Total Assets
CTEV
CTEV
KOP
KOP
Q4 25
$4.9B
$1.9B
Q3 25
$5.0B
$1.9B
Q2 25
$5.1B
$1.9B
Q1 25
$5.1B
$1.9B
Q4 24
$5.2B
$1.9B
Q3 24
$5.3B
$2.0B
Q2 24
$5.7B
$1.9B
Q1 24
$6.4B
$1.8B
Debt / Equity
CTEV
CTEV
KOP
KOP
Q4 25
1.62×
Q3 25
1.71×
Q2 25
1.86×
Q1 25
304.87×
1.99×
Q4 24
53.67×
1.92×
Q3 24
21.73×
1.86×
Q2 24
7.48×
1.97×
Q1 24
3.85×
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
CTEV
CTEV
KOP
KOP
Operating Cash FlowLast quarter
$66.3M
$45.1M
Free Cash FlowOCF − Capex
$36.4M
$28.5M
FCF MarginFCF / Revenue
14.8%
6.6%
Capex IntensityCapex / Revenue
12.1%
3.8%
Cash ConversionOCF / Net Profit
1.52×
TTM Free Cash FlowTrailing 4 quarters
$-12.3M
$67.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTEV
CTEV
KOP
KOP
Q4 25
$66.3M
$45.1M
Q3 25
$19.9M
$49.6M
Q2 25
$61.2M
$50.5M
Q1 25
$-30.1M
$-22.7M
Q4 24
$-33.4M
$74.7M
Q3 24
$72.8M
$29.8M
Q2 24
$18.5M
$27.2M
Q1 24
$49.7M
$-12.3M
Free Cash Flow
CTEV
CTEV
KOP
KOP
Q4 25
$36.4M
$28.5M
Q3 25
$-16.3M
$37.6M
Q2 25
$36.6M
$38.4M
Q1 25
$-68.9M
$-37.0M
Q4 24
$-63.8M
$56.1M
Q3 24
$41.1M
$14.4M
Q2 24
$-7.0M
$10.1M
Q1 24
$19.2M
$-38.6M
FCF Margin
CTEV
CTEV
KOP
KOP
Q4 25
14.8%
6.6%
Q3 25
-6.6%
7.7%
Q2 25
15.2%
7.6%
Q1 25
-29.8%
-8.1%
Q4 24
-27.5%
11.8%
Q3 24
17.8%
2.6%
Q2 24
-3.0%
1.8%
Q1 24
8.2%
-7.8%
Capex Intensity
CTEV
CTEV
KOP
KOP
Q4 25
12.1%
3.8%
Q3 25
14.7%
2.5%
Q2 25
10.2%
2.4%
Q1 25
16.8%
3.1%
Q4 24
13.1%
3.9%
Q3 24
13.8%
2.8%
Q2 24
10.9%
3.0%
Q1 24
13.0%
5.3%
Cash Conversion
CTEV
CTEV
KOP
KOP
Q4 25
1.52×
Q3 25
2.08×
Q2 25
3.08×
Q1 25
Q4 24
Q3 24
1.31×
Q2 24
1.01×
Q1 24
-0.95×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CTEV
CTEV

Segment breakdown not available.

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%

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