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Side-by-side financial comparison of Koppers Holdings Inc. (KOP) and Natural Grocers by Vitamin Cottage, Inc. (NGVC). Click either name above to swap in a different company.
Koppers Holdings Inc. is the larger business by last-quarter revenue ($432.7M vs $335.6M, roughly 1.3× Natural Grocers by Vitamin Cottage, Inc.). Koppers Holdings Inc. runs the higher net margin — 6.9% vs 3.4%, a 3.5% gap on every dollar of revenue. On growth, Natural Grocers by Vitamin Cottage, Inc. posted the faster year-over-year revenue change (1.6% vs -9.3%). Koppers Holdings Inc. produced more free cash flow last quarter ($28.5M vs $11.6M). Over the past eight quarters, Natural Grocers by Vitamin Cottage, Inc.'s revenue compounded faster (4.4% 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.
Natural Grocers by Vitamin Cottage, Inc. is a U.S.-based specialty retail chain that offers certified organic groceries, dietary supplements, natural personal care items, and eco-friendly household products. It serves health-conscious consumers across multiple U.S. states, following strict quality standards that exclude artificial preservatives, colors, flavors and harmful additives.
KOP vs NGVC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $432.7M | $335.6M |
| Net Profit | $29.7M | $11.3M |
| Gross Margin | 25.6% | 29.5% |
| Operating Margin | 11.5% | 4.4% |
| Net Margin | 6.9% | 3.4% |
| Revenue YoY | -9.3% | 1.6% |
| Net Profit YoY | 391.2% | 14.0% |
| EPS (diluted) | $1.44 | $0.49 |
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.
| Q4 25 | $432.7M | $335.6M | ||
| Q3 25 | $485.3M | $336.1M | ||
| Q2 25 | $504.8M | $328.7M | ||
| Q1 25 | $456.5M | $335.8M | ||
| Q4 24 | $477.0M | $330.2M | ||
| Q3 24 | $554.3M | $322.7M | ||
| Q2 24 | $563.2M | $309.1M | ||
| Q1 24 | $497.6M | $308.1M |
| Q4 25 | $29.7M | $11.3M | ||
| Q3 25 | $23.8M | $11.8M | ||
| Q2 25 | $16.4M | $11.6M | ||
| Q1 25 | $-13.9M | $13.1M | ||
| Q4 24 | $-10.2M | $9.9M | ||
| Q3 24 | $22.8M | $9.0M | ||
| Q2 24 | $26.8M | $9.2M | ||
| Q1 24 | $13.0M | $8.0M |
| Q4 25 | 25.6% | 29.5% | ||
| Q3 25 | 24.1% | 29.5% | ||
| Q2 25 | 22.6% | 29.9% | ||
| Q1 25 | 23.2% | 30.3% | ||
| Q4 24 | 17.5% | 29.9% | ||
| Q3 24 | 21.9% | 29.6% | ||
| Q2 24 | 21.6% | 29.2% | ||
| Q1 24 | 19.3% | 29.3% |
| Q4 25 | 11.5% | 4.4% | ||
| Q3 25 | 10.7% | 4.6% | ||
| Q2 25 | 7.7% | 4.7% | ||
| Q1 25 | 5.9% | 5.2% | ||
| Q4 24 | 1.3% | 4.0% | ||
| Q3 24 | 9.0% | 3.7% | ||
| Q2 24 | 10.2% | 4.2% | ||
| Q1 24 | 7.0% | 3.7% |
| Q4 25 | 6.9% | 3.4% | ||
| Q3 25 | 4.9% | 3.5% | ||
| Q2 25 | 3.2% | 3.5% | ||
| Q1 25 | -3.0% | 3.9% | ||
| Q4 24 | -2.1% | 3.0% | ||
| Q3 24 | 4.1% | 2.8% | ||
| Q2 24 | 4.8% | 3.0% | ||
| Q1 24 | 2.6% | 2.6% |
| Q4 25 | $1.44 | $0.49 | ||
| Q3 25 | $1.17 | $0.51 | ||
| Q2 25 | $0.81 | $0.50 | ||
| Q1 25 | $-0.68 | $0.56 | ||
| Q4 24 | $-0.47 | $0.43 | ||
| Q3 24 | $1.09 | $0.38 | ||
| Q2 24 | $1.25 | $0.40 | ||
| Q1 24 | $0.59 | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $23.2M |
| Total DebtLower is stronger | $928.3M | — |
| Stockholders' EquityBook value | $574.0M | $220.0M |
| Total Assets | $1.9B | $668.6M |
| Debt / EquityLower = less leverage | 1.62× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $23.2M | ||
| Q3 25 | — | $17.1M | ||
| Q2 25 | — | $13.2M | ||
| Q1 25 | — | $21.2M | ||
| Q4 24 | — | $6.3M | ||
| Q3 24 | — | $8.9M | ||
| Q2 24 | — | $13.9M | ||
| Q1 24 | — | $11.0M |
| 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 | — |
| Q4 25 | $574.0M | $220.0M | ||
| Q3 25 | $545.6M | $212.4M | ||
| Q2 25 | $526.8M | $202.5M | ||
| Q1 25 | $498.0M | $193.0M | ||
| Q4 24 | $488.7M | $181.9M | ||
| Q3 24 | $532.3M | $174.3M | ||
| Q2 24 | $509.2M | $167.8M | ||
| Q1 24 | $505.8M | $160.0M |
| Q4 25 | $1.9B | $668.6M | ||
| Q3 25 | $1.9B | $670.5M | ||
| Q2 25 | $1.9B | $659.0M | ||
| Q1 25 | $1.9B | $664.6M | ||
| Q4 24 | $1.9B | $648.9M | ||
| Q3 24 | $2.0B | $655.5M | ||
| Q2 24 | $1.9B | $654.4M | ||
| Q1 24 | $1.8B | $656.6M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $45.1M | $21.1M |
| Free Cash FlowOCF − Capex | $28.5M | $11.6M |
| FCF MarginFCF / Revenue | 6.6% | 3.4% |
| Capex IntensityCapex / Revenue | 3.8% | 2.9% |
| Cash ConversionOCF / Net Profit | 1.52× | 1.86× |
| TTM Free Cash FlowTrailing 4 quarters | $67.5M | $42.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $45.1M | $21.1M | ||
| Q3 25 | $49.6M | $15.6M | ||
| Q2 25 | $50.5M | $2.9M | ||
| Q1 25 | $-22.7M | $34.1M | ||
| Q4 24 | $74.7M | $2.7M | ||
| Q3 24 | $29.8M | $24.5M | ||
| Q2 24 | $27.2M | $12.4M | ||
| Q1 24 | $-12.3M | $20.2M |
| Q4 25 | $28.5M | $11.6M | ||
| Q3 25 | $37.6M | $7.5M | ||
| Q2 25 | $38.4M | $-4.2M | ||
| Q1 25 | $-37.0M | $27.6M | ||
| Q4 24 | $56.1M | $-6.9M | ||
| Q3 24 | $14.4M | $18.0M | ||
| Q2 24 | $10.1M | $3.6M | ||
| Q1 24 | $-38.6M | $9.8M |
| Q4 25 | 6.6% | 3.4% | ||
| Q3 25 | 7.7% | 2.2% | ||
| Q2 25 | 7.6% | -1.3% | ||
| Q1 25 | -8.1% | 8.2% | ||
| Q4 24 | 11.8% | -2.1% | ||
| Q3 24 | 2.6% | 5.6% | ||
| Q2 24 | 1.8% | 1.2% | ||
| Q1 24 | -7.8% | 3.2% |
| Q4 25 | 3.8% | 2.9% | ||
| Q3 25 | 2.5% | 2.4% | ||
| Q2 25 | 2.4% | 2.2% | ||
| Q1 25 | 3.1% | 1.9% | ||
| Q4 24 | 3.9% | 2.9% | ||
| Q3 24 | 2.8% | 2.0% | ||
| Q2 24 | 3.0% | 2.9% | ||
| Q1 24 | 5.3% | 3.4% |
| Q4 25 | 1.52× | 1.86× | ||
| Q3 25 | 2.08× | 1.32× | ||
| Q2 25 | 3.08× | 0.25× | ||
| Q1 25 | — | 2.60× | ||
| Q4 24 | — | 0.27× | ||
| Q3 24 | 1.31× | 2.72× | ||
| Q2 24 | 1.01× | 1.35× | ||
| Q1 24 | -0.95× | 2.54× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KOP
| Other | $127.8M | 30% |
| Railroad Treated Products | $119.0M | 28% |
| Utility Poles | $79.8M | 18% |
| Pitch And Related Products | $74.1M | 17% |
| Carbon Black Feedstock And Distillates | $14.4M | 3% |
| Railroad Infrastructure Products And Services | $9.9M | 2% |
| Phthalic Anhydride Naphthalene And Other Chemicals | $7.7M | 2% |
NGVC
| Grocery | $243.8M | 73% |
| Dietary Supplements | $60.7M | 18% |
| Manufactured Product Other | $31.0M | 9% |
