vs

Side-by-side financial comparison of Koppers Holdings Inc. (KOP) and Construction Partners, Inc. (ROAD). Click either name above to swap in a different company.

Construction Partners, Inc. is the larger business by last-quarter revenue ($809.5M vs $432.7M, roughly 1.9× Koppers Holdings Inc.). Koppers Holdings Inc. runs the higher net margin — 6.9% vs 2.1%, a 4.7% gap on every dollar of revenue. On growth, Construction Partners, Inc. posted the faster year-over-year revenue change (44.1% vs -9.3%). Construction Partners, Inc. produced more free cash flow last quarter ($47.1M vs $28.5M). Over the past eight quarters, Construction Partners, Inc.'s revenue compounded faster (47.6% 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.

Alexander Construction Company was a Palm Springs, California, residential development company that built over 2,200 houses in the Coachella Valley of Riverside County, California, between 1955 and 1965.

KOP vs ROAD — Head-to-Head

Bigger by revenue
ROAD
ROAD
1.9× larger
ROAD
$809.5M
$432.7M
KOP
Growing faster (revenue YoY)
ROAD
ROAD
+53.4% gap
ROAD
44.1%
-9.3%
KOP
Higher net margin
KOP
KOP
4.7% more per $
KOP
6.9%
2.1%
ROAD
More free cash flow
ROAD
ROAD
$18.6M more FCF
ROAD
$47.1M
$28.5M
KOP
Faster 2-yr revenue CAGR
ROAD
ROAD
Annualised
ROAD
47.6%
-6.7%
KOP

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
KOP
KOP
ROAD
ROAD
Revenue
$432.7M
$809.5M
Net Profit
$29.7M
$17.2M
Gross Margin
25.6%
15.0%
Operating Margin
11.5%
6.2%
Net Margin
6.9%
2.1%
Revenue YoY
-9.3%
44.1%
Net Profit YoY
391.2%
663.9%
EPS (diluted)
$1.44
$0.31

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
KOP
KOP
ROAD
ROAD
Q4 25
$432.7M
$809.5M
Q3 25
$485.3M
$899.8M
Q2 25
$504.8M
$779.3M
Q1 25
$456.5M
$571.6M
Q4 24
$477.0M
$561.6M
Q3 24
$554.3M
$538.2M
Q2 24
$563.2M
$517.8M
Q1 24
$497.6M
$371.4M
Net Profit
KOP
KOP
ROAD
ROAD
Q4 25
$29.7M
$17.2M
Q3 25
$23.8M
$56.6M
Q2 25
$16.4M
$44.0M
Q1 25
$-13.9M
$4.2M
Q4 24
$-10.2M
$-3.1M
Q3 24
$22.8M
$29.3M
Q2 24
$26.8M
$30.9M
Q1 24
$13.0M
$-1.1M
Gross Margin
KOP
KOP
ROAD
ROAD
Q4 25
25.6%
15.0%
Q3 25
24.1%
17.7%
Q2 25
22.6%
16.9%
Q1 25
23.2%
12.5%
Q4 24
17.5%
13.6%
Q3 24
21.9%
15.6%
Q2 24
21.6%
16.1%
Q1 24
19.3%
10.4%
Operating Margin
KOP
KOP
ROAD
ROAD
Q4 25
11.5%
6.2%
Q3 25
10.7%
11.2%
Q2 25
7.7%
10.6%
Q1 25
5.9%
4.8%
Q4 24
1.3%
2.5%
Q3 24
9.0%
8.5%
Q2 24
10.2%
8.8%
Q1 24
7.0%
0.8%
Net Margin
KOP
KOP
ROAD
ROAD
Q4 25
6.9%
2.1%
Q3 25
4.9%
6.3%
Q2 25
3.2%
5.7%
Q1 25
-3.0%
0.7%
Q4 24
-2.1%
-0.5%
Q3 24
4.1%
5.4%
Q2 24
4.8%
6.0%
Q1 24
2.6%
-0.3%
EPS (diluted)
KOP
KOP
ROAD
ROAD
Q4 25
$1.44
$0.31
Q3 25
$1.17
$1.03
Q2 25
$0.81
$0.79
Q1 25
$-0.68
$0.08
Q4 24
$-0.47
$-0.06
Q3 24
$1.09
$0.55
Q2 24
$1.25
$0.59
Q1 24
$0.59
$-0.02

Balance Sheet & Financial Strength

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

Metric
KOP
KOP
ROAD
ROAD
Cash + ST InvestmentsLiquidity on hand
$104.1M
Total DebtLower is stronger
$928.3M
Stockholders' EquityBook value
$574.0M
$969.1M
Total Assets
$1.9B
$3.4B
Debt / EquityLower = less leverage
1.62×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KOP
KOP
ROAD
ROAD
Q4 25
$104.1M
Q3 25
$156.1M
Q2 25
$114.3M
Q1 25
$101.9M
Q4 24
$132.5M
Q3 24
$74.7M
Q2 24
$56.3M
Q1 24
$48.0M
Total Debt
KOP
KOP
ROAD
ROAD
Q4 25
$928.3M
Q3 25
$932.9M
$1.6B
Q2 25
$977.5M
Q1 25
$989.0M
Q4 24
$939.5M
Q3 24
$989.4M
$515.0M
Q2 24
$1.0B
Q1 24
$877.6M
Stockholders' Equity
KOP
KOP
ROAD
ROAD
Q4 25
$574.0M
$969.1M
Q3 25
$545.6M
$912.0M
Q2 25
$526.8M
$853.3M
Q1 25
$498.0M
$807.9M
Q4 24
$488.7M
$811.1M
Q3 24
$532.3M
$573.7M
Q2 24
$509.2M
$552.9M
Q1 24
$505.8M
$525.0M
Total Assets
KOP
KOP
ROAD
ROAD
Q4 25
$1.9B
$3.4B
Q3 25
$1.9B
$3.2B
Q2 25
$1.9B
$2.9B
Q1 25
$1.9B
$2.8B
Q4 24
$1.9B
$2.6B
Q3 24
$2.0B
$1.5B
Q2 24
$1.9B
$1.4B
Q1 24
$1.8B
$1.3B
Debt / Equity
KOP
KOP
ROAD
ROAD
Q4 25
1.62×
Q3 25
1.71×
1.78×
Q2 25
1.86×
Q1 25
1.99×
Q4 24
1.92×
Q3 24
1.86×
0.90×
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
KOP
KOP
ROAD
ROAD
Operating Cash FlowLast quarter
$45.1M
$82.6M
Free Cash FlowOCF − Capex
$28.5M
$47.1M
FCF MarginFCF / Revenue
6.6%
5.8%
Capex IntensityCapex / Revenue
3.8%
4.4%
Cash ConversionOCF / Net Profit
1.52×
4.80×
TTM Free Cash FlowTrailing 4 quarters
$67.5M
$186.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KOP
KOP
ROAD
ROAD
Q4 25
$45.1M
$82.6M
Q3 25
$49.6M
$112.0M
Q2 25
$50.5M
$83.0M
Q1 25
$-22.7M
$55.6M
Q4 24
$74.7M
$40.7M
Q3 24
$29.8M
$95.9M
Q2 24
$27.2M
$34.6M
Q1 24
$-12.3M
$18.2M
Free Cash Flow
KOP
KOP
ROAD
ROAD
Q4 25
$28.5M
$47.1M
Q3 25
$37.6M
$78.9M
Q2 25
$38.4M
$46.4M
Q1 25
$-37.0M
$14.2M
Q4 24
$56.1M
$13.8M
Q3 24
$14.4M
$78.4M
Q2 24
$10.1M
$19.7M
Q1 24
$-38.6M
$-10.6M
FCF Margin
KOP
KOP
ROAD
ROAD
Q4 25
6.6%
5.8%
Q3 25
7.7%
8.8%
Q2 25
7.6%
5.9%
Q1 25
-8.1%
2.5%
Q4 24
11.8%
2.5%
Q3 24
2.6%
14.6%
Q2 24
1.8%
3.8%
Q1 24
-7.8%
-2.8%
Capex Intensity
KOP
KOP
ROAD
ROAD
Q4 25
3.8%
4.4%
Q3 25
2.5%
3.7%
Q2 25
2.4%
4.7%
Q1 25
3.1%
7.2%
Q4 24
3.9%
4.8%
Q3 24
2.8%
3.3%
Q2 24
3.0%
2.9%
Q1 24
5.3%
7.7%
Cash Conversion
KOP
KOP
ROAD
ROAD
Q4 25
1.52×
4.80×
Q3 25
2.08×
1.98×
Q2 25
3.08×
1.88×
Q1 25
13.20×
Q4 24
Q3 24
1.31×
3.27×
Q2 24
1.01×
1.12×
Q1 24
-0.95×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

ROAD
ROAD

Segment breakdown not available.

Related Comparisons