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, US
Websitecooperstandard.com
Employee Ratings3.5
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2019)28,000(-12%)
Job Openings110
Revenue (FY, 2019)$0(-100%)
Share Price (Nov 2020)$36.1 (-1%)
Cybersecurity ratingBMore

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 72 other locations
Novi, US (HQ)
39555 Orchard Hill Pl Suite 320, 3rd Floor
Auburn Hills, US
2110 Executive Hills Ct
Auburn Hills, US
2650 N Opdyke Rd
Boiling Springs, US
100 Quality Way #6070
Bowling Green, US
1175 N Main St
Dennison, US
30 S 4th St
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Cooper Standard Financials and Metrics

Cooper Standard Revenue

USD

Gross profit (Q3, 2020)

(598.7m)

Net income (Q3, 2020)

6.7m

EBIT (Q3, 2020)

18.8m

Market capitalization (20-Nov-2020)

621.0m

Closing stock price (20-Nov-2020)

36.1

Cash (30-Sept-2020)

462.7m

EV

1.3b
Cooper Standard's current market capitalization is $621 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

3.5b3.6b3.6b

Revenue growth, %

4%4%0%

Cost of goods sold

2.8b2.9b3.1b2.7b

Gross profit

664.8m671.3m553.6m(2.7b)
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, 2019

Net Income

140.4m138.6m104.6m62.2m

Depreciation and Amortization

122.7m138.1m146.7m152.0m

Inventories

6.7m(13.9m)1.4m29.4m

Accounts Payable

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

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

Countries

20 20 20 20 21

Facilities

97 98 123 124 159

Manufacturing Facilities

78 79 90 92 104
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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

B

81/100

SecurityScorecard logo

Cooper Standard Online and Social Media Presence

Embed Graph

Cooper Standard Company Culture

  • Overall Culture

    A+

    78/100

  • CEO Rating

    B

    71/100

  • Compensation

    A+

    87/100

  • Diversity

    A+

    80/100

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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

Cooper Standard Reports Improved Third Quarter Results as ROIC Expansion Initiative Gains Traction

NORTHVILLE, MI / ACCESSWIRE / November 5, 2020 / Cooper-Standard Holdings Inc. (NYSE:CPS) today reported results for the third quarter 2020. Third Quarter 2020 Summary Sales totaled $683.2 million Net income of $4.4 million or $0.26 per diluted share vs.

Cooper Standard to Host Conference Call on November 6 to Discuss Third Quarter 2020 Financial Results

Cooper Standard to Host Conference Call on November 6 to Discuss Third Quarter 2020 Financial Results Content Import Tue, 10/20/2020 - 08:31 Cooper Standard to Host Conference Call on November 6 to Discuss Third Quarter 2020 Financial Results Oct 20, 2020 This…

Cooper Standard to Present at the 2020 J.P. Morgan Auto Conference

Cooper Standard to Present at the 2020 J.P. Morgan Auto Conference Content Import Thu, 08/06/2020 - 16:32 Cooper Standard to Present at the 2020 J.P. Morgan Auto Conference Aug 6, 2020 This release is a backfill from a News Wire Financial…

Cooper Standard to Present at the 2020 J.P. Morgan Auto Conference

NORTHVILLE, MI / ACCESSWIRE / August 6, 2020   /   Cooper-Standard Holdings Inc. (NYSE:CPS) will present at the virtual 2020 J.P. Morgan Auto Conference on Tuesday, Aug. 11 . Cooper Standard 's Jeffrey Edwards , chairman and CEO, will discuss the Company's business and strategies at 2:20 p.m. ET .

Cooper Standard to Host Conference Call on August 5 to Discuss Second Quarter 2020 Financial Results

NORTHVILLE, MI / ACCESSWIRE / July 21, 2020 /   Cooper-Standard Holdings Inc. (NYSE:CPS) will hold a conference call on Wednesday, August 5 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

Cooper Standard Finalizes Divestiture of Certain Operations in Europe and India

NORTHVILLE, MI / ACCESSWIRE / July 1, 2020 / Cooper-Standard Holdings Inc. (NYSE:CPS) today announced that the Company has completed the divestiture of its European rubber fluid transfer and specialty sealing businesses, as well as its Indian operations, to Mutares SE & Co. KGaA.
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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 72 other locations.

  • How many offices does Cooper Standard have?

    Cooper Standard has 101 offices.