OverviewSuggest Edit

Cooper Standard is an automotive supplier specializing in the manufacture and marketing of systems and components for the automotive industry. The company's products include body sealing systems, fluid handling systems, and NVH control systems and are used in passenger vehicles and light trucks. In addition to the light vehicles, Cooper Standard leverages core product technology into adjacent markets — commercial vehicle (on-highway and off-highway), specialty markets and technical rubber.

TypePublic
Founded2004
HQNovi, MI, US
Websitecooperstandard.com
Employee Ratings3.7
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2019)28,000(-12%)
Job Openings106
Revenue (FY, 2020)$0
Share Price (Jun 2021)$30.9(-1%)
Cybersecurity ratingCMore

Key People/Management at Cooper Standard

Jeffrey S. Edwards

Jeffrey S. Edwards

Chairman and Chief Executive Officer
Jonathan P. Banas

Jonathan P. Banas

Executive Vice President and Chief Financial Officer
David J. Mastrocola

David J. Mastrocola

Lead Director
John G. Boss

John G. Boss

Director
Justin E. Mirro

Justin E. Mirro

Director
Richard J. Freeland

Richard J. Freeland

Director
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Cooper Standard Office Locations

Cooper Standard has offices in Novi, Auburn Hills, Boiling Springs, Bowling Green and in 71 other locations
Novi, MI, US (HQ)
39555 Orchard Hill Pl Suite 320, 3rd Floor
Auburn Hills, MI, US
2110 Executive Hills Ct
Auburn Hills, MI, US
2650 N Opdyke Rd
Boiling Springs, SC, US
100 Quality Way #6070
Bowling Green, OH, US
1175 N Main St
Dennison, OH, US
30 S 4th St
Show all (98)

Cooper Standard Financials and Metrics

Cooper Standard Revenue

USD

Gross profit (FY, 2020)

(2.2b)

Net income (FY, 2020)

(269.4m)

EBIT (FY, 2020)

(268.7m)

Market capitalization (4-Jun-2021)

524.0m

Closing stock price (4-Jun-2021)

30.9

Cash (31-Dec-2020)

438.4m

EV

1.2b
Cooper Standard's current market capitalization is $524 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

3.5b3.6b3.6b

Revenue growth, %

4%4%0%

Cost of goods sold

2.8b2.9b3.1b2.7b2.2b

Gross profit

664.8m671.3m553.6m(2.7b)(2.2b)
Quarterly
USDQ2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

902.1m909.1m869.0m967.4m928.3m861.7m880.0m764.8m729.0m

Cost of goods sold

707.3m732.0m736.9m718.2m796.5m776.9m742.0m762.5m666.8m659.3m611.7m400.8m598.7m

Gross profit

(707.3m)170.1m172.2m150.8m170.9m151.4m119.7m117.5m98.0m69.7m(611.7m)(400.8m)(598.7m)

Gross profit Margin, %

19%19%17%18%16%14%13%13%10%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

140.4m138.6m104.6m62.2m(269.4m)

Depreciation and Amortization

122.7m138.1m146.7m152.0m154.2m

Inventories

6.7m(13.9m)1.4m29.4m(15.2m)

Accounts Payable

70.1m11.4m(32.5m)(14.6m)(18.4m)
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Cooper Standard Operating Metrics

FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Countries

2020202021

Facilities

9798123124159

Manufacturing Facilities

78799092104
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Cooper Standard Acquisitions / Subsidiaries

Company NameDateDeal Size
Lauren Manufacturing CompanyJuly 03, 2018
AMI Industries (Automotive Fuel and Brake Business)August 19, 2016
Cooper-Standard Automotive KoreaJune 11, 2003
Coopermex
Cooper Nishikawa Brasil Ltda.
CooperStandard Automotive and Industrial Inc.
Cooper-Standard Automotive (Australia) Pty. Ltd.
Cooper-Standard Automotive Brasil Sealing Ltda.
Cooper-Standard Automotive Canada Limited
Cooper-Standard Automotive Ceska Republika s.r.o.
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Cooper Standard Revenue Breakdown

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Cooper Standard revenue breakdown by geographic segment: 28.4% from Europe, 53.0% from North America, 15.9% from Asia Pacific and 2.7% from Other

Cooper Standard Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

SecurityScorecard logo

Cooper Standard Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Cooper Standard Online and Social Media Presence

Embed Graph

Cooper Standard Company Culture

  • Overall Culture

    A+

    77/100

  • CEO Rating

    C+

    67/100

  • Compensation

    A+

    85/100

  • Diversity

    A+

    79/100

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Cooper Standard News and Updates

Cooper Standard Appoints Three New Members to Board of Directors

NORTHVILLE, Mich., May 22, 2020 /PRNewswire/ -- Cooper Standard (NYSE: CPS) today announced the appointment of three new members to its board of directors: John G. Boss; Richard J. Freeland; and Adriana E. Macouzet-Flores. "We're pleased to welcome John, Richard and Adriana to our board...

Cooper Standard to Host Conference Call on November 6 to Discuss Third Quarter Financial Results

NOVI, Mich., Oct. 24, 2019 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS) will hold a conference call on Wednesday, November 6 at 9 a.m. ET. The Company's Chairman and Chief Executive Officer Jeffrey Edwards and Chief Financial Officer Jonathan Banas will discuss Cooper...

Thirty-three Cooper Standard Facilities to Host Manufacturing Day Events

NOVI, Mich., Oct. 3, 2019 /PRNewswire/ -- Thirty-three Cooper Standard (NYSE: CPS) facilities are hosting events around the world to celebrate Manufacturing Day throughout October. Cooper Standard will once again open its doors to students and community partners to showcase high tech,...

Cooper Standard Reports Second Quarter Results and Announces Significant New Fortrex™ Technology Agreement

NOVI, Mich., Aug. 1, 2019 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS) today reported results for the second quarter 2019. Second Quarter 2019 Summary Sales totaled $764.8 million Net income of $145.3 million or $8.36 per diluted share Adjusted EBITDA of $58.1 million or 7.6...

Cooper Standard to Host Conference Call on August 2 to Discuss Second Quarter Financial Results

NOVI, Mich., July 18, 2019 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS) will hold a conference call on Friday, August 2 at 9 a.m. ET. The Company's Chairman and Chief Executive Officer Jeffrey Edwards and Chief Financial Officer Jonathan Banas will discuss Cooper Standard's...

Ford Honors Cooper Standard at 21st Annual World Excellence Awards

NOVI, Mich., May 30, 2019 /PRNewswire/ -- Cooper Standard (NYSE: CPS) was recognized as a top-performing global supplier at the 21st annual Ford World Excellence Awards. The Company was presented with a Smart Pillar award by Hau Thai-Tang, Ford chief product development and purchasing...
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Cooper Standard Blogs

Christine M. Moore Joins Cooper Standard Board of Directors

NORTHVILLE, Mich. , June 15, 2021 /PRNewswire/ -- Cooper-Standard Holdings, Inc. (NYSE: CPS) (the "Company") is pleased to announce the addition of Christine M. Moore to its Board of Directors (the "Board"). The Board approved the election of Moore as a director effective August 1, 2021 for an

Cooper Standard to Participate in the 2021 Deutsche Bank Global Auto Industry Conference

Cooper Standard to Participate in the 2021 Deutsche Bank Global Auto Industry Conference Content Import Thu, 06/10/2021 - 16:31 Cooper Standard to Participate in the 2021 Deutsche Bank Global Auto Industry Conference June 10, 2021 at 4:30 PM EDT This release i…

Cooper Standard Issues 2020 Corporate Responsibility Report Highlighting Record Safety Performance, Customer Recognition and COVID-19 Response

Cooper Standard Issues 2020 Corporate Responsibility Report Highlighting Record Safety Performance, Customer Recognition and COVID-19 Response Content Import Wed, 05/19/2021 - 08:32 Cooper Standard Issues 2020 Corporate Responsibility Report Highlighting Record Safety Performance, Customer…

Cooper Standard Reports Improved First Quarter Results; ROIC Enhancement Initiative Remains On Track

NORTHVILLE, MI / ACCESSWIRE / May 6, 2021 /   Cooper-Standard Holdings Inc. (NYSE:CPS) today reported results for the first quarter 2021. First Quarter 2021 Summary Sales increased by 2.1 percent to $669.0 million ; organic sales growth was 6.3 percent Gross profit margin increased by 360 basis

Cooper Standard Announces Date for Release of First Quarter 2021 Results, Provides Details for Management Conference Call

Cooper Standard Announces Date for Release of First Quarter 2021 Results, Provides Details for Management Conference Call Content Import Thu, 04/22/2021 - 08:33 Cooper Standard Announces Date for Release of First Quarter 2021 Results, Provides Details for Management Conference Call …

Cooper Standard Recognized as One of the 2021 World's Most Ethical Companies for the Second Consecutive Year by Ethisphere

Cooper Standard Recognized as One of the 2021 World's Most Ethical Companies for the Second Consecutive Year by Ethisphere Content Import Tue, 02/23/2021 - 07:02 Cooper Standard Recognized as One of the 2021 World's Most Ethical Companies for the Second Consecutive Year by Ethisphere …
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Cooper Standard Frequently Asked Questions

  • When was Cooper Standard founded?

    Cooper Standard was founded in 2004.

  • Who are Cooper Standard key executives?

    Cooper Standard's key executives are Jeffrey S. Edwards, Jonathan P. Banas and David J. Mastrocola.

  • How many employees does Cooper Standard have?

    Cooper Standard has 28,000 employees.

  • Who are Cooper Standard competitors?

    Competitors of Cooper Standard include Elringklinger, Martinrea International and Standard Profil.

  • Where is Cooper Standard headquarters?

    Cooper Standard headquarters is located at 39555 Orchard Hill Pl Suite 320, 3rd Floor, Novi.

  • Where are Cooper Standard offices?

    Cooper Standard has offices in Novi, Auburn Hills, Boiling Springs, Bowling Green and in 71 other locations.

  • How many offices does Cooper Standard have?

    Cooper Standard has 98 offices.