Cooper Standard

OverviewSuggest Edit

Cooper-Standard Automotive Inc., headquartered in Novi, Michigan, 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, USMap
Websitecooperstandard.com
Employee Ratings3More
View Jobs (92)

Recent NewsAll News

Latest Updates

Employees (est.) (Feb 2019)33,000(+4%)
Job Openings92
Revenue (FY, 2018)$3.6 B
Share Price (Mar 2019)$49.7 (-2%)

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
Gabrielle Corrent

Gabrielle Corrent

Vice President, Strategy and Mergers & Acquisitions
Jeffrey A. Debest

Jeffrey A. Debest

Senior Vice President and President, Advanced Technology Group
Susan P. Kampe

Susan P. Kampe

Senior Vice President, Chief Information Officer
Aleksandra A. Miziolek

Aleksandra A. Miziolek

Senior Vice President, General Counsel and Secretary
Show more

Cooper Standard Office Locations

Cooper Standard has an office in Novi
Novi, US (HQ)
39550 Orchard Hill Pl
Show all (1)
Report incorrect company information

Cooper Standard Financials and Metrics

Cooper Standard Revenue

Embed Graph
View revenue for all periods
Cooper Standard's revenue was reported to be $3.63 b in FY, 2018
USD

Revenue (FY, 2018)

3.6b

Gross profit (FY, 2018)

553.6m

Gross profit margin (FY, 2018), %

15.3%

Net income (FY, 2018)

104.6m

EBIT (FY, 2018)

115.6m

Market capitalization (22-Mar-2019)

866.1m

Closing stock price (22-Mar-2019)

49.7

Cash (31-Dec-2018)

265.0m

EV

1.3b
Cooper Standard's current market capitalization is $866.1 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

3.1b3.2b3.3b3.5b3.6b3.6b

Revenue growth, %

5%3%4%

Cost of goods sold

2.6b2.7b2.8b2.8b2.9b3.1b

Gross profit

472.7m509.4m587.1m664.8m671.3m553.6m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

764.1m837.6m857.6m781.0m800.1m860.8m827.5m862.5m879.3m855.7m902.1m909.1m869.0m967.4m928.3m861.7m

Cost of goods sold

649.0m703.3m711.4m669.7m669.2m706.9m679.1m702.7m707.3m691.0m732.0m736.9m718.2m796.5m776.9m742.0m

Gross profit

115.0m134.3m146.1m111.3m130.9m154.0m148.4m159.8m172.0m164.7m170.1m172.2m150.8m170.9m151.4m119.7m

Gross profit Margin, %

15%16%17%14%16%18%18%19%20%19%19%19%17%18%16%14%
show all
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

184.4m267.3m378.2m480.1m516.0m265.0m

Accounts Receivable

365.8m377.0m455.2m460.5m494.0m418.6m

Inventories

179.8m166.5m149.6m146.4m170.2m175.6m

Current Assets

995.3m1.1b1.2b1.3b1.4b1.2b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

119.2m138.0m207.4m244.9m194.4m204.8m232.0m313.1m339.5m360.4m406.9m400.2m373.0m420.2m440.2m282.4m

Accounts Receivable

429.7m439.1m438.0m394.6m468.6m468.5m474.8m530.6m473.0m506.0m518.6m546.5m571.5m570.5m507.2m462.6m

Inventories

186.8m188.6m186.0m181.5m178.9m182.8m172.4m157.6m155.8m161.0m160.6m168.4m179.5m186.0m184.9m182.7m

Current Assets

1.0b1.0b1.1b1.1b1.1b1.1b1.1b1.2b1.2b1.3b1.3b1.4b1.4b1.4b1.4b1.3b
show all
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

45.3m45.5m111.8m140.4m138.6m

Depreciation and Amortization

111.0m16.4m114.4m122.7m138.1m

Inventories

(31.8m)888.0k12.8m6.7m(13.9m)

Accounts Payable

58.4m(11.5m)61.1m70.1m11.4m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

20.3m21.4m35.6m57.8m21.1m57.7m90.2m30.8m71.8m108.4m42.5m84.2m109.6m57.4m100.6m133.3m

Depreciation and Amortization

56.7m84.7m3.5m56.0m85.3m30.2m60.4m91.7m31.9m65.0m99.4m36.3m73.2m109.3m

Inventories

182.8m172.4m157.6m155.8m161.0m160.6m

Accounts Payable

347.2m345.2m431.9m398.2m429.4m483.2m
show all
USDY, 2018

EV/EBIT

11.5 x

EV/CFO

17.1 x

EV/FCF

-16.2 x

Revenue/Employee

113.4k

Financial Leverage

3.1 x
Show all financial metrics

Cooper Standard Operating Metrics

FY, 2014FY, 2015FY, 2016

Countries

20 20 20

Facilities

97 98 123

Manufacturing Facilities

78 79 90
Show all operating metrics

Cooper Standard Revenue Breakdown

Embed Graph

Cooper Standard revenue breakdown by geographic segment: 29.4% from Europe, 51.7% from North America, 16.5% from Asia Pacific and 2.4% from Other

Report incorrect company information

Competitors

Knorr-Bremse Group
Manufacturing & Industrial - Private
American Axle & Manufacturing
Automotive & Transportation - Public
Superior Industries International
Automotive & Transportation - Public
Tower International
Automotive & Transportation - Public
Compare competitors

Cooper Standard Online and Social Media Presence

Embed Graph
Report incorrect company information

Cooper Standard News and Updates

February 15, 2019

Cooper Standard Reports Fourth Quarter and Full Year 2018 Results

NOVI, Mich., Feb. 14, 2019 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS) today reported preliminary results for the fourth quarter and full year 2018. Highlights Full year net income totaled $107.8 million or $5.89 per fully diluted share Full year adjusted net income totaled...
February 04, 2019

Cooper Standard to Host Conference Call on February 15 to Discuss Fourth Quarter and Full Year 2018 Financial Results

NOVI, Mich., Feb. 4, 2019 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS) will hold a conference call on Friday, February 15 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 ...
January 14, 2019

Cooper Standard to Supply Material Science Innovation, Fortrex™, and other Leading Technologies to 2020 Ford Explorer

NOVI, Mich., Jan. 14, 2019 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS), a leading global supplier of systems and components for the automotive industry, is pleased to announce it will supply the recently introduced 2020 Ford Explorer with sealing and fluid transfer systems,...
January 08, 2019

Cooper Standard to Present at the 2019 Deutsche Bank Global Auto Industry Conference

NOVI, Mich., Jan. 8, 2019 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS) will present at the Deutsche Bank Global Auto Industry Conference on Tuesday, Jan. 15 in Detroit. Cooper Standard's Jeffrey Edwards, chairman and CEO, Jonathan Banas, executive vice president and CFO, and...
December 18, 2018

Cooper Standard Announces Plans for New World Headquarters

NOVI, Mich., Dec. 18, 2018 /PRNewswire/ -- Cooper Standard (NYSE: CPS) today announced that the Company will build a new world headquarters. The new facility will be located in Northville, Mich., a short distance from Cooper Standard's current world headquarters in Novi and in close...
November 01, 2018

Cooper Standard Reports Third Quarter Results and Announces Significant Progress on Several Strategic Initiatives

NOVI, Mich., Nov. 1, 2018 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS) today reported results for the third quarter 2018. Summary Sales totaled $861.7 million Net income of $32.2 million or $1.77 per diluted share Adjusted EBITDA of $69.6 million or 8.1 percent of sales...
Show more
Report incorrect company information

Cooper Standard Blogs

January 10, 2019

Cooper Standard Names Clark, Couch and Helmrich Executive Officers; Transitions to Global Organizational Structure

NOVI, Mich. , Jan. 10, 2019 /PRNewswire/ -- To more fully leverage its global capabilities, reduce overall cost and enhance its customer focus, Cooper Standard (NYSE: CPS) is transitioning to global manufacturing, engineering and innovation organizations.
December 11, 2018

Cooper Standard Licenses Fortrex™ Material Science Platform to Global Material Formulator

NOVI, Mich. , Dec. 11, 2018 /PRNewswire/ -- Cooper Standard (NYSE: CPS) has licensed its proprietary Fortrex™ material platform to PolyOne Corp. , a provider of specialized polymer materials, services and solutions. With its extensive commercial resources, customer base and materials science
October 17, 2018

Cooper Standard Named 2019 Automotive News PACE Award Finalist for Artificial Intelligence Material Development Software

NOVI, Mich. , Oct. 17, 2018 /PRNewswire/ -- Cooper Standard (NYSE: CPS) today announced the Company was named as a finalist for the 2019 Automotive News PACE Awards for its proprietary artificial intelligence (AI)-based polymer compound development software.
October 09, 2018

Cooper Standard to Host Conference Call on November 2 to Discuss Third Quarter 2018 Financial Results

NOVI, Mich. , Oct. 9, 2018 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS) will hold a conference call on Friday, November 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 third
October 05, 2018

Cooper Standard Names Corrent to Vice President, Strategy and M&A

Cooper Standard Names Corrent to Vice President, Strategy and M&A Content Import Fri, 10/05/2018 - 08:32 Cooper Standard Names Corrent to Vice President, Strategy and M&A Oct 5, 2018 This release is a backfill from a News Wire Gen…
September 25, 2018

Investor Presentation September 2018

Investor Presentation September 2018 joseibrahim.de… Tue, 09/25/2018 - 16:31 Investor Presentation September 2018 Display "add to calendar" true Event Type Other Corporate Event Categories Default Calen…
Show more

 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 Gabrielle Corrent.

  • How many employees does Cooper Standard have?

    Cooper Standard has 33,000 employees.

  • What is Cooper Standard revenue?

    Latest Cooper Standard annual revenue is $3.6 b.

  • What is Cooper Standard revenue per employee?

    Latest Cooper Standard revenue per employee is $110 k.

  • Who are Cooper Standard competitors?

    Competitors of Cooper Standard include Knorr-Bremse Group, American Axle & Manufacturing and Superior Industries International.

  • Where is Cooper Standard headquarters?

    Cooper Standard headquarters is located at 39550 Orchard Hill Pl, Novi.

  • Where are Cooper Standard offices?

    Cooper Standard has an office in Novi.

  • How many offices does Cooper Standard have?

    Cooper Standard has 1 office.

Need Data?

Craft can deliver 250+ data points of financial, operating, and human capital indicators on companies via API.

Learn more