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Side-by-side financial comparison of Koppers Holdings Inc. (KOP) and Smith Douglas Homes Corp. (SDHC). Click either name above to swap in a different company.

Koppers Holdings Inc. is the larger business by last-quarter revenue ($432.7M vs $260.4M, roughly 1.7× Smith Douglas Homes Corp.). Koppers Holdings Inc. runs the higher net margin — 6.9% vs 1.4%, a 5.5% gap on every dollar of revenue. On growth, Koppers Holdings Inc. posted the faster year-over-year revenue change (-9.3% vs -9.4%). Koppers Holdings Inc. produced more free cash flow last quarter ($28.5M vs $8.7M). Over the past eight quarters, Smith Douglas Homes Corp.'s revenue compounded faster (17.3% 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.

Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.

KOP vs SDHC — Head-to-Head

Bigger by revenue
KOP
KOP
1.7× larger
KOP
$432.7M
$260.4M
SDHC
Growing faster (revenue YoY)
KOP
KOP
+0.1% gap
KOP
-9.3%
-9.4%
SDHC
Higher net margin
KOP
KOP
5.5% more per $
KOP
6.9%
1.4%
SDHC
More free cash flow
KOP
KOP
$19.8M more FCF
KOP
$28.5M
$8.7M
SDHC
Faster 2-yr revenue CAGR
SDHC
SDHC
Annualised
SDHC
17.3%
-6.7%
KOP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KOP
KOP
SDHC
SDHC
Revenue
$432.7M
$260.4M
Net Profit
$29.7M
$3.5M
Gross Margin
25.6%
19.9%
Operating Margin
11.5%
6.5%
Net Margin
6.9%
1.4%
Revenue YoY
-9.3%
-9.4%
Net Profit YoY
391.2%
-14.3%
EPS (diluted)
$1.44
$0.39

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
SDHC
SDHC
Q4 25
$432.7M
$260.4M
Q3 25
$485.3M
$262.0M
Q2 25
$504.8M
$223.9M
Q1 25
$456.5M
$224.7M
Q4 24
$477.0M
$287.5M
Q3 24
$554.3M
$277.8M
Q2 24
$563.2M
$220.9M
Q1 24
$497.6M
$189.2M
Net Profit
KOP
KOP
SDHC
SDHC
Q4 25
$29.7M
$3.5M
Q3 25
$23.8M
$2.1M
Q2 25
$16.4M
$2.4M
Q1 25
$-13.9M
$2.7M
Q4 24
$-10.2M
$4.1M
Q3 24
$22.8M
$5.3M
Q2 24
$26.8M
$3.6M
Q1 24
$13.0M
$3.0M
Gross Margin
KOP
KOP
SDHC
SDHC
Q4 25
25.6%
19.9%
Q3 25
24.1%
21.0%
Q2 25
22.6%
23.2%
Q1 25
23.2%
23.8%
Q4 24
17.5%
25.5%
Q3 24
21.9%
26.5%
Q2 24
21.6%
26.7%
Q1 24
19.3%
26.1%
Operating Margin
KOP
KOP
SDHC
SDHC
Q4 25
11.5%
6.5%
Q3 25
10.7%
6.6%
Q2 25
7.7%
7.7%
Q1 25
5.9%
8.7%
Q4 24
1.3%
10.4%
Q3 24
9.0%
14.2%
Q2 24
10.2%
11.7%
Q1 24
7.0%
11.3%
Net Margin
KOP
KOP
SDHC
SDHC
Q4 25
6.9%
1.4%
Q3 25
4.9%
0.8%
Q2 25
3.2%
1.1%
Q1 25
-3.0%
1.2%
Q4 24
-2.1%
1.4%
Q3 24
4.1%
1.9%
Q2 24
4.8%
1.7%
Q1 24
2.6%
1.6%
EPS (diluted)
KOP
KOP
SDHC
SDHC
Q4 25
$1.44
$0.39
Q3 25
$1.17
$0.24
Q2 25
$0.81
$0.26
Q1 25
$-0.68
$0.30
Q4 24
$-0.47
$0.50
Q3 24
$1.09
$0.58
Q2 24
$1.25
$0.40
Q1 24
$0.59
$0.33

Balance Sheet & Financial Strength

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

Metric
KOP
KOP
SDHC
SDHC
Cash + ST InvestmentsLiquidity on hand
$12.7M
Total DebtLower is stronger
$928.3M
Stockholders' EquityBook value
$574.0M
$86.7M
Total Assets
$1.9B
$557.6M
Debt / EquityLower = less leverage
1.62×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KOP
KOP
SDHC
SDHC
Q4 25
$12.7M
Q3 25
$14.8M
Q2 25
$16.8M
Q1 25
$12.7M
Q4 24
$22.4M
Q3 24
$23.7M
Q2 24
$17.3M
Q1 24
$32.8M
Total Debt
KOP
KOP
SDHC
SDHC
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
Stockholders' Equity
KOP
KOP
SDHC
SDHC
Q4 25
$574.0M
$86.7M
Q3 25
$545.6M
$82.2M
Q2 25
$526.8M
$80.0M
Q1 25
$498.0M
$76.9M
Q4 24
$488.7M
$73.6M
Q3 24
$532.3M
$68.4M
Q2 24
$509.2M
$62.1M
Q1 24
$505.8M
$59.7M
Total Assets
KOP
KOP
SDHC
SDHC
Q4 25
$1.9B
$557.6M
Q3 25
$1.9B
$571.6M
Q2 25
$1.9B
$570.2M
Q1 25
$1.9B
$513.9M
Q4 24
$1.9B
$475.9M
Q3 24
$2.0B
$460.1M
Q2 24
$1.9B
$429.3M
Q1 24
$1.8B
$401.3M
Debt / Equity
KOP
KOP
SDHC
SDHC
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
KOP
KOP
SDHC
SDHC
Operating Cash FlowLast quarter
$45.1M
$9.8M
Free Cash FlowOCF − Capex
$28.5M
$8.7M
FCF MarginFCF / Revenue
6.6%
3.4%
Capex IntensityCapex / Revenue
3.8%
0.4%
Cash ConversionOCF / Net Profit
1.52×
2.77×
TTM Free Cash FlowTrailing 4 quarters
$67.5M
$-36.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KOP
KOP
SDHC
SDHC
Q4 25
$45.1M
$9.8M
Q3 25
$49.6M
$22.8M
Q2 25
$50.5M
$-28.9M
Q1 25
$-22.7M
$-34.9M
Q4 24
$74.7M
$5.5M
Q3 24
$29.8M
$22.9M
Q2 24
$27.2M
$39.0K
Q1 24
$-12.3M
$-9.3M
Free Cash Flow
KOP
KOP
SDHC
SDHC
Q4 25
$28.5M
$8.7M
Q3 25
$37.6M
$21.4M
Q2 25
$38.4M
$-31.1M
Q1 25
$-37.0M
$-35.9M
Q4 24
$56.1M
$4.8M
Q3 24
$14.4M
$22.3M
Q2 24
$10.1M
$-2.1M
Q1 24
$-38.6M
$-9.7M
FCF Margin
KOP
KOP
SDHC
SDHC
Q4 25
6.6%
3.4%
Q3 25
7.7%
8.2%
Q2 25
7.6%
-13.9%
Q1 25
-8.1%
-16.0%
Q4 24
11.8%
1.7%
Q3 24
2.6%
8.0%
Q2 24
1.8%
-1.0%
Q1 24
-7.8%
-5.1%
Capex Intensity
KOP
KOP
SDHC
SDHC
Q4 25
3.8%
0.4%
Q3 25
2.5%
0.5%
Q2 25
2.4%
0.9%
Q1 25
3.1%
0.5%
Q4 24
3.9%
0.2%
Q3 24
2.8%
0.2%
Q2 24
3.0%
1.0%
Q1 24
5.3%
0.2%
Cash Conversion
KOP
KOP
SDHC
SDHC
Q4 25
1.52×
2.77×
Q3 25
2.08×
10.70×
Q2 25
3.08×
-12.24×
Q1 25
-13.01×
Q4 24
1.33×
Q3 24
1.31×
4.28×
Q2 24
1.01×
0.01×
Q1 24
-0.95×
-3.12×

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%

SDHC
SDHC

Southeast$164.7M63%
Central$95.8M37%

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