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Side-by-side financial comparison of Koppers Holdings Inc. (KOP) and ONTO INNOVATION INC. (ONTO). Click either name above to swap in a different company.
Koppers Holdings Inc. is the larger business by last-quarter revenue ($432.7M vs $218.2M, roughly 2.0× ONTO INNOVATION INC.). ONTO INNOVATION INC. runs the higher net margin — 12.9% vs 6.9%, a 6.1% gap on every dollar of revenue. On growth, Koppers Holdings Inc. posted the faster year-over-year revenue change (-9.3% vs -13.5%). ONTO INNOVATION INC. produced more free cash flow last quarter ($82.0M vs $28.5M). Over the past eight quarters, ONTO INNOVATION INC.'s revenue compounded faster (2.6% 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.
Onto Innovation Inc. is an American semiconductor company formed in 2019 from the merger of Rudolph Technologies, Inc. and Nanometrics Incorporated. It is a provider of process and process control equipment and software for microelectronic manufacturing industries.
KOP vs ONTO — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $432.7M | $218.2M |
| Net Profit | $29.7M | $28.2M |
| Gross Margin | 25.6% | 50.7% |
| Operating Margin | 11.5% | 10.9% |
| Net Margin | 6.9% | 12.9% |
| Revenue YoY | -9.3% | -13.5% |
| Net Profit YoY | 391.2% | -46.8% |
| EPS (diluted) | $1.44 | $0.57 |
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 | — | ||
| Q3 25 | $485.3M | $218.2M | ||
| Q2 25 | $504.8M | $253.6M | ||
| Q1 25 | $456.5M | $266.6M | ||
| Q4 24 | $477.0M | $263.9M | ||
| Q3 24 | $554.3M | $252.2M | ||
| Q2 24 | $563.2M | $242.3M | ||
| Q1 24 | $497.6M | $228.8M |
| Q4 25 | $29.7M | — | ||
| Q3 25 | $23.8M | $28.2M | ||
| Q2 25 | $16.4M | $33.9M | ||
| Q1 25 | $-13.9M | $64.1M | ||
| Q4 24 | $-10.2M | $48.8M | ||
| Q3 24 | $22.8M | $53.1M | ||
| Q2 24 | $26.8M | $52.9M | ||
| Q1 24 | $13.0M | $46.9M |
| Q4 25 | 25.6% | — | ||
| Q3 25 | 24.1% | 50.7% | ||
| Q2 25 | 22.6% | 48.2% | ||
| Q1 25 | 23.2% | 53.7% | ||
| Q4 24 | 17.5% | 50.2% | ||
| Q3 24 | 21.9% | 54.1% | ||
| Q2 24 | 21.6% | 52.9% | ||
| Q1 24 | 19.3% | 51.7% |
| Q4 25 | 11.5% | — | ||
| Q3 25 | 10.7% | 10.9% | ||
| Q2 25 | 7.7% | 12.7% | ||
| Q1 25 | 5.9% | 23.7% | ||
| Q4 24 | 1.3% | 16.1% | ||
| Q3 24 | 9.0% | 21.0% | ||
| Q2 24 | 10.2% | 20.2% | ||
| Q1 24 | 7.0% | 18.7% |
| Q4 25 | 6.9% | — | ||
| Q3 25 | 4.9% | 12.9% | ||
| Q2 25 | 3.2% | 13.4% | ||
| Q1 25 | -3.0% | 24.0% | ||
| Q4 24 | -2.1% | 18.5% | ||
| Q3 24 | 4.1% | 21.0% | ||
| Q2 24 | 4.8% | 21.9% | ||
| Q1 24 | 2.6% | 20.5% |
| Q4 25 | $1.44 | — | ||
| Q3 25 | $1.17 | $0.57 | ||
| Q2 25 | $0.81 | $0.69 | ||
| Q1 25 | $-0.68 | $1.30 | ||
| Q4 24 | $-0.47 | $0.98 | ||
| Q3 24 | $1.09 | $1.07 | ||
| Q2 24 | $1.25 | $1.07 | ||
| Q1 24 | $0.59 | $0.94 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $603.1M |
| Total DebtLower is stronger | $928.3M | — |
| Stockholders' EquityBook value | $574.0M | $2.0B |
| Total Assets | $1.9B | $2.2B |
| Debt / EquityLower = less leverage | 1.62× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | $603.1M | ||
| Q2 25 | — | $217.5M | ||
| Q1 25 | — | $203.7M | ||
| Q4 24 | — | $212.9M | ||
| Q3 24 | — | $188.7M | ||
| Q2 24 | — | $172.6M | ||
| Q1 24 | — | $190.9M |
| 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 | — | ||
| Q3 25 | $545.6M | $2.0B | ||
| Q2 25 | $526.8M | $2.0B | ||
| Q1 25 | $498.0M | $1.9B | ||
| Q4 24 | $488.7M | $1.9B | ||
| Q3 24 | $532.3M | $1.9B | ||
| Q2 24 | $509.2M | $1.8B | ||
| Q1 24 | $505.8M | $1.8B |
| Q4 25 | $1.9B | — | ||
| Q3 25 | $1.9B | $2.2B | ||
| Q2 25 | $1.9B | $2.1B | ||
| Q1 25 | $1.9B | $2.1B | ||
| Q4 24 | $1.9B | $2.1B | ||
| Q3 24 | $2.0B | $2.1B | ||
| Q2 24 | $1.9B | $2.0B | ||
| Q1 24 | $1.8B | $2.0B |
| 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 | $83.4M |
| Free Cash FlowOCF − Capex | $28.5M | $82.0M |
| FCF MarginFCF / Revenue | 6.6% | 37.6% |
| Capex IntensityCapex / Revenue | 3.8% | 0.6% |
| Cash ConversionOCF / Net Profit | 1.52× | 2.95× |
| TTM Free Cash FlowTrailing 4 quarters | $67.5M | $261.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $45.1M | — | ||
| Q3 25 | $49.6M | $83.4M | ||
| Q2 25 | $50.5M | $57.9M | ||
| Q1 25 | $-22.7M | $92.0M | ||
| Q4 24 | $74.7M | $56.0M | ||
| Q3 24 | $29.8M | $67.2M | ||
| Q2 24 | $27.2M | $65.3M | ||
| Q1 24 | $-12.3M | $57.1M |
| Q4 25 | $28.5M | — | ||
| Q3 25 | $37.6M | $82.0M | ||
| Q2 25 | $38.4M | $44.2M | ||
| Q1 25 | $-37.0M | $83.7M | ||
| Q4 24 | $56.1M | $51.4M | ||
| Q3 24 | $14.4M | $59.2M | ||
| Q2 24 | $10.1M | $53.0M | ||
| Q1 24 | $-38.6M | $50.2M |
| Q4 25 | 6.6% | — | ||
| Q3 25 | 7.7% | 37.6% | ||
| Q2 25 | 7.6% | 17.4% | ||
| Q1 25 | -8.1% | 31.4% | ||
| Q4 24 | 11.8% | 19.5% | ||
| Q3 24 | 2.6% | 23.5% | ||
| Q2 24 | 1.8% | 21.9% | ||
| Q1 24 | -7.8% | 21.9% |
| Q4 25 | 3.8% | — | ||
| Q3 25 | 2.5% | 0.6% | ||
| Q2 25 | 2.4% | 5.4% | ||
| Q1 25 | 3.1% | 3.1% | ||
| Q4 24 | 3.9% | 1.8% | ||
| Q3 24 | 2.8% | 3.2% | ||
| Q2 24 | 3.0% | 5.1% | ||
| Q1 24 | 5.3% | 3.0% |
| Q4 25 | 1.52× | — | ||
| Q3 25 | 2.08× | 2.95× | ||
| Q2 25 | 3.08× | 1.71× | ||
| Q1 25 | — | 1.44× | ||
| Q4 24 | — | 1.15× | ||
| Q3 24 | 1.31× | 1.27× | ||
| Q2 24 | 1.01× | 1.23× | ||
| Q1 24 | -0.95× | 1.22× |
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% |
ONTO
| Systems And Software Revenue | $173.8M | 80% |
| Parts Revenue | $23.9M | 11% |
| Service Revenue | $20.5M | 9% |
