Cooper Standard
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.
| Type | Public | |
| Founded | 2004 | |
| HQ | Novi, US | Map |
| Website | cooperstandard.com | |
| Employee Ratings | More | |
| Overall Culture | A+ | More |
Recent NewsAll News
- Cooper Standard Appoints Three New Members to Board of Directors
- Cooper Standard to Host Conference Call on November 6 to Discuss Third Quarter Financial Results
- Thirty-three Cooper Standard Facilities to Host Manufacturing Day Events
- Cooper Standard Reports Second Quarter Results and Announces Significant New Fortrex™ Technology Agreement
Key People/Management at Cooper Standard
Jeffrey S. Edwards
Chairman and Chief Executive Officer
Jonathan P. Banas
Executive Vice President and Chief Financial Officer
David J. Mastrocola
Lead Director
John G. Boss
Director
Justin E. Mirro
Director
Richard J. Freeland
Director
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
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
Quarterly
| USD | Q2, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 902.1m | 909.1m | 869.0m | 967.4m | 928.3m | 861.7m | 880.0m | 764.8m | 729.0m | ||||
Cost of goods sold | 707.3m | 732.0m | 736.9m | 718.2m | 796.5m | 776.9m | 742.0m | 762.5m | 666.8m | 659.3m | 611.7m | 400.8m | 598.7m |
Gross profit | (707.3m) | 170.1m | 172.2m | 150.8m | 170.9m | 151.4m | 119.7m | 117.5m | 98.0m | 69.7m | (611.7m) | (400.8m) | (598.7m) |
Gross profit Margin, % | 19% | 19% | 17% | 18% | 16% | 14% | 13% | 13% | 10% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 406.9m | 400.2m | 373.0m | 420.2m | 440.2m | 282.4m | 262.2m | 310.8m | 323.1m | 301.8m | 388.0m | 462.7m |
Accounts Receivable | 518.6m | 546.5m | 571.5m | 570.5m | 507.2m | 462.6m | 480.8m | 458.5m | 462.2m | 335.8m | 270.9m | 389.0m |
Prepaid Expenses | 34.7m | 39.4m | 42.7m | 38.6m | 36.9m | 37.2m | 33.2m | 32.2m | 32.8m | 27.9m | 36.4m | 31.9m |
Inventories | 160.6m | 168.4m | 179.5m | 186.0m | 184.9m | 182.7m | 186.3m | 184.4m | 178.9m | 168.0m | 144.9m | 148.8m |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 42.5m | 84.2m | 109.6m | 57.4m | 100.6m | 133.3m | (3.6m) | 141.1m | 125.5m | (112.4m) | (248.4m) | (241.7m) |
Depreciation and Amortization | 31.9m | 65.0m | 99.4m | 36.3m | 73.2m | 109.3m | 36.6m | 74.5m | 112.0m | 37.8m | 80.2m | 116.7m |
Cash From Operating Activities | 3.6m | 64.2m | 104.6m | (10.6m) | 98.3m | 78.0m | (1.8m) | (9.0m) | 29.9m | (2.0m) | (126.2m) | (26.5m) |
Purchases of PP&E | (58.3m) | (98.1m) | (137.4m) | (67.9m) | (106.7m) | (160.1m) | (59.6m) | (95.5m) | (131.1m) | (50.6m) | (62.9m) | (73.4m) |
Cooper Standard Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Lauren Manufacturing Company | July 03, 2018 | |
| AMI Industries (Automotive Fuel and Brake Business) | August 19, 2016 | |
| Cooper-Standard Automotive Korea | June 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. |
Cooper Standard Revenue Breakdown
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
Cooper Standard Online and Social Media Presence
2.89k Twitter followers
Cooper Standard has 2.89k Twitter Followers. The number of followers has increased 0.4% month over month and increased 1.6% quarter over quarter
Cooper Standard's Trends
Twitter Engagement Stats for @CooperStandard
1.3k
Tweets
65
Following
2.9k
Followers
3
Tweets last 30 days
2
Avg. likes per Tweet
66.7%
Tweets with engagement
Cooper Standard Company Culture
Overall Culture
A+
78/100
CEO Rating
B
71/100
Compensation
A+
87/100
Diversity
A+
80/100
Cooper Standard News and Updates
May 22, 2020
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...
October 24, 2019
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...
October 03, 2019
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,...
August 01, 2019
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...
July 18, 2019
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...
May 30, 2019
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...
Cooper Standard Blogs
November 05, 2020
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.
October 20, 2020
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…
August 06, 2020
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…
August 06, 2020
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 .
July 21, 2020
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
July 01, 2020
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.
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.
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