CPS
Cooper-Standard Holdings Inc.34.89
+1.68+5.06%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Reaffirms guide, F-Series upside potential
Q&A largely reaffirmed prepared remarks and guidance, but surfaced potential F-Series upside of 60,000 units above plan—$450 content per vehicle could juice results if realized. Management clarified China push targets 60% OEM mix within Asia Pacific revenue by 2030, citing trusted relationships and zero IP issues after two decades. Lean savings ($90M) are 90%+ identified; 2027-28 business 95% booked for margin tailwinds. FCF remains positive amid higher capex, taxes, working capital. Refi targets pre-March deadline to dodge pressure. Visibility is sky-high. Optimistic tone persists; watch volumes, debt moves.
Key Stats
Market Cap
615.36MP/E (TTM)
18.56Basic EPS (TTM)
1.88Dividend Yield
0%Recent Filings
8-K
Debt refinanced at lower rates
Cooper-Standard's subsidiary issued $1,100,000,000 of 9.250% first-lien notes due 2031 on March 4, 2026, using proceeds plus cash to redeem all $616.9 million 13.50% first-lien notes due 2027, $391.8 million third-lien notes due 2027, and $42.6 million senior notes due 2026 at specified premiums. This refinances higher-rate debt, cutting blended costs while extending maturities to 2031. Amended ABL facility alongside. Notes secured by fixed assets.
8-K
Prices $1.1B notes
8-K
Launches $1.1B notes offering
Cooper-Standard's subsidiary launched a $1.1 billion private offering of Senior Secured First Lien Notes due 2031 to refinance existing high-rate debt—13.50% First Lien Notes due 2027, 5.625%/10.625% Third Lien Notes due 2027, and 5.625% Unsecured Notes due 2026. Conditional redemptions kick in March 4, 2026, at premiums up to 102.250%. Debt matures later. Offering hinges on markets.
10-K
FY2025 results
Cooper-Standard eked out 0.4% sales growth to $2.74B in FY2025 ended December 31, 2025, buoyed by favorable FX while volumes dipped amid softening North American and European production. Gross profit climbed 8.1% to 11.9% of sales, fueled by $40M+ in lean savings that outpaced labor inflation and mix headwinds; Sealing Systems added $9M to adjusted EBITDA via manufacturing efficiencies, Fluid Handling $14M on tariff recoveries. Operating cash flow held at $64M despite working capital drag. Debt stands at $1.1B with $161M ABL availability. Tariffs threaten supply chain costs.
8-K
Strong FY EBITDA, Q4 dip
Cooper-Standard reported Q4 2025 sales of $672.4M, up 1.8%, but adjusted EBITDA fell to $34.9M from $54.3M due to customer supply disruptions and inflation. Full-year sales hit $2.74B with adjusted EBITDA rising 16% to $209.7M, fueled by lean initiatives. New business awards totaled $297.9M. Expects 2026 adjusted EBITDA of $260-300M.
IPO
Employees
Sector
Industry
AAP
Advance Auto Parts Inc.
44.07-1.39
AZO
AutoZone, Inc.
3417.42-71.29
CAAS
China Automotive Systems, Inc.
4.35-0.07
DORM
Dorman Products, Inc.
126.72-1.20
GPC
Genuine Parts Company
129.46-2.45
LEA
Lear Corporation
115.51-0.56
LKQ
LKQ Corporation
29.92-0.60
PHIN
PHINIA Inc.
58.41+0.63
SMP
Standard Motor Products, Inc.
38.35+0.08
WPRT
Westport Fuel Systems Inc
1.79-0.01