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Side-by-side financial comparison of FIRST INTERSTATE BANCSYSTEM INC (FIBK) 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 $313.0M, roughly 1.4× FIRST INTERSTATE BANCSYSTEM INC). FIRST INTERSTATE BANCSYSTEM INC runs the higher net margin — 34.8% vs 6.9%, a 27.9% gap on every dollar of revenue. On growth, FIRST INTERSTATE BANCSYSTEM INC posted the faster year-over-year revenue change (19.8% vs -9.3%). Over the past eight quarters, FIRST INTERSTATE BANCSYSTEM INC's revenue compounded faster (13.7% CAGR vs -6.7%).

First Interstate BancSystem, Inc. is a financial holding company headquartered in Billings, Montana. It is the parent company of First Interstate Bank, a community bank with locations throughout 14 states within the Western and Midwestern United States. It is the largest bank based in Montana, as measured by total assets.

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.

FIBK vs KOP — Head-to-Head

Bigger by revenue
KOP
KOP
1.4× larger
KOP
$432.7M
$313.0M
FIBK
Growing faster (revenue YoY)
FIBK
FIBK
+29.1% gap
FIBK
19.8%
-9.3%
KOP
Higher net margin
FIBK
FIBK
27.9% more per $
FIBK
34.8%
6.9%
KOP
Faster 2-yr revenue CAGR
FIBK
FIBK
Annualised
FIBK
13.7%
-6.7%
KOP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FIBK
FIBK
KOP
KOP
Revenue
$313.0M
$432.7M
Net Profit
$108.8M
$29.7M
Gross Margin
25.6%
Operating Margin
44.5%
11.5%
Net Margin
34.8%
6.9%
Revenue YoY
19.8%
-9.3%
Net Profit YoY
108.8%
391.2%
EPS (diluted)
$1.07
$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
FIBK
FIBK
KOP
KOP
Q4 25
$313.0M
$432.7M
Q3 25
$250.5M
$485.3M
Q2 25
$248.3M
$504.8M
Q1 25
$247.0M
$456.5M
Q4 24
$261.3M
$477.0M
Q3 24
$251.9M
$554.3M
Q2 24
$244.3M
$563.2M
Q1 24
$242.2M
$497.6M
Net Profit
FIBK
FIBK
KOP
KOP
Q4 25
$108.8M
$29.7M
Q3 25
$71.4M
$23.8M
Q2 25
$71.7M
$16.4M
Q1 25
$50.2M
$-13.9M
Q4 24
$52.1M
$-10.2M
Q3 24
$55.5M
$22.8M
Q2 24
$60.0M
$26.8M
Q1 24
$58.4M
$13.0M
Gross Margin
FIBK
FIBK
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
FIBK
FIBK
KOP
KOP
Q4 25
44.5%
11.5%
Q3 25
37.0%
10.7%
Q2 25
37.7%
7.7%
Q1 25
26.9%
5.9%
Q4 24
25.5%
1.3%
Q3 24
28.9%
9.0%
Q2 24
32.1%
10.2%
Q1 24
31.7%
7.0%
Net Margin
FIBK
FIBK
KOP
KOP
Q4 25
34.8%
6.9%
Q3 25
28.5%
4.9%
Q2 25
28.9%
3.2%
Q1 25
20.3%
-3.0%
Q4 24
19.9%
-2.1%
Q3 24
22.0%
4.1%
Q2 24
24.6%
4.8%
Q1 24
24.1%
2.6%
EPS (diluted)
FIBK
FIBK
KOP
KOP
Q4 25
$1.07
$1.44
Q3 25
$0.69
$1.17
Q2 25
$0.69
$0.81
Q1 25
$0.49
$-0.68
Q4 24
$0.50
$-0.47
Q3 24
$0.54
$1.09
Q2 24
$0.58
$1.25
Q1 24
$0.57
$0.59

Balance Sheet & Financial Strength

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

Metric
FIBK
FIBK
KOP
KOP
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$146.3M
$928.3M
Stockholders' EquityBook value
$3.4B
$574.0M
Total Assets
$26.6B
$1.9B
Debt / EquityLower = less leverage
0.04×
1.62×

8-quarter trend — quarters aligned by calendar period.

Total Debt
FIBK
FIBK
KOP
KOP
Q4 25
$146.3M
$928.3M
Q3 25
$146.2M
$932.9M
Q2 25
$252.0M
$977.5M
Q1 25
$989.0M
Q4 24
$132.2M
$939.5M
Q3 24
$137.3M
$989.4M
Q2 24
$383.4M
$1.0B
Q1 24
$370.8M
$877.6M
Stockholders' Equity
FIBK
FIBK
KOP
KOP
Q4 25
$3.4B
$574.0M
Q3 25
$3.4B
$545.6M
Q2 25
$3.4B
$526.8M
Q1 25
$3.4B
$498.0M
Q4 24
$3.3B
$488.7M
Q3 24
$3.4B
$532.3M
Q2 24
$3.2B
$509.2M
Q1 24
$3.2B
$505.8M
Total Assets
FIBK
FIBK
KOP
KOP
Q4 25
$26.6B
$1.9B
Q3 25
$27.3B
$1.9B
Q2 25
$27.6B
$1.9B
Q1 25
$28.3B
$1.9B
Q4 24
$29.1B
$1.9B
Q3 24
$29.6B
$2.0B
Q2 24
$30.3B
$1.9B
Q1 24
$30.1B
$1.8B
Debt / Equity
FIBK
FIBK
KOP
KOP
Q4 25
0.04×
1.62×
Q3 25
0.04×
1.71×
Q2 25
0.07×
1.86×
Q1 25
1.99×
Q4 24
0.04×
1.92×
Q3 24
0.04×
1.86×
Q2 24
0.12×
1.97×
Q1 24
0.12×
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
FIBK
FIBK
KOP
KOP
Operating Cash FlowLast quarter
$305.6M
$45.1M
Free Cash FlowOCF − Capex
$28.5M
FCF MarginFCF / Revenue
6.6%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
2.81×
1.52×
TTM Free Cash FlowTrailing 4 quarters
$67.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIBK
FIBK
KOP
KOP
Q4 25
$305.6M
$45.1M
Q3 25
$91.7M
$49.6M
Q2 25
$68.1M
$50.5M
Q1 25
$78.5M
$-22.7M
Q4 24
$355.0M
$74.7M
Q3 24
$89.9M
$29.8M
Q2 24
$82.3M
$27.2M
Q1 24
$87.6M
$-12.3M
Free Cash Flow
FIBK
FIBK
KOP
KOP
Q4 25
$28.5M
Q3 25
$37.6M
Q2 25
$38.4M
Q1 25
$-37.0M
Q4 24
$56.1M
Q3 24
$14.4M
Q2 24
$10.1M
Q1 24
$-38.6M
FCF Margin
FIBK
FIBK
KOP
KOP
Q4 25
6.6%
Q3 25
7.7%
Q2 25
7.6%
Q1 25
-8.1%
Q4 24
11.8%
Q3 24
2.6%
Q2 24
1.8%
Q1 24
-7.8%
Capex Intensity
FIBK
FIBK
KOP
KOP
Q4 25
3.8%
Q3 25
2.5%
Q2 25
2.4%
Q1 25
3.1%
Q4 24
3.9%
Q3 24
2.8%
Q2 24
3.0%
Q1 24
5.3%
Cash Conversion
FIBK
FIBK
KOP
KOP
Q4 25
2.81×
1.52×
Q3 25
1.28×
2.08×
Q2 25
0.95×
3.08×
Q1 25
1.56×
Q4 24
6.81×
Q3 24
1.62×
1.31×
Q2 24
1.37×
1.01×
Q1 24
1.50×
-0.95×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FIBK
FIBK

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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