Cooper-Standard Holdings Inc.
- Open
- 27.34
- Day high
- 27.63
- Day low
- 26.55
- Prev close
- 27.05
- Volume
- 50K
- Mkt cap
- $480M
- P/E (TTM)
- —
- EPS (TTM)
- —
- P/B
- -0.0
- P/S
- 0.2
- Yield
- —
- Per share
- —
Cooper-Standard Holdings Inc. (CPS) is a Consumer Cyclical company listed on NYSE. The stock is up 20% over the past year.
Cooper-Standard Holdings Inc. (CPS) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 2 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
CPS earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 7, 2026 | $-0.16 | $-0.29 | -81.2% | $686M | +4.0% |
| Feb 12, 2026 | $-0.95 | $-1.73 | -82.1% | $672M | -4.5% |
| Oct 30, 2025 | $0.50 | $-0.24 | -148.0% | $696M | +4.2% |
| Jul 31, 2025 | $-0.59 | $0.06 | +110.2% | $706M | +9.5% |
| May 1, 2025 | $-0.58 | $0.19 | +132.8% | $667M | -6.5% |
| Feb 13, 2025 | $0.06 | $-0.16 | -366.7% | $661M | -2.8% |
| Oct 31, 2024 | $-1.18 | $-0.68 | +42.4% | $685M | +0.8% |
| Aug 1, 2024 | $-2.09 | $-0.64 | +69.4% | $708M | -3.7% |
| Feb 15, 2024 | $-0.79 | $-1.79 | -126.6% | $674M | -2.8% |
| Nov 2, 2023 | $-0.82 | $0.85 | +203.7% | $736M | +5.9% |
| Aug 3, 2023 | $-1.86 | $-1.15 | +38.2% | $724M | +5.7% |
| May 3, 2023 | $-1.89 | $-2.68 | -41.8% | $682M | +5.3% |
CPS insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| May 18, 2026 | REMENAR ROBERT Jdirector | Grant | 3,937 | — |
| May 18, 2026 | Freeland Richard Josephdirector | Grant | 3,937 | — |
| May 18, 2026 | Macouzet Flores Adriana E.director | Tax | 1,130 | $28.78 |
| May 18, 2026 | Macouzet Flores Adriana E.director | Option | 7,527 | — |
| May 18, 2026 | Mastrocola David Johndirector | Grant | 3,937 | — |
| May 18, 2026 | Moore Christine Mdirector | Grant | 3,937 | — |
| May 18, 2026 | Boss John G.director | Option | 7,527 | — |
| May 18, 2026 | Sepahban Sonya F.director | Grant | 3,937 | — |
| May 18, 2026 | Macouzet Flores Adriana E.director | Grant | 3,937 | — |
| May 18, 2026 | VAN OSS STEPHEN Adirector | Grant | 3,937 | — |
| May 18, 2026 | Boss John G.director | Grant | 3,937 | — |
| Mar 13, 2026 | Mastrocola David Johndirector | Buy | 3,391 | $29.77 |
| Mar 13, 2026 | Mastrocola David Johndirector | Buy | 1,494 | $30.25 |
| Mar 13, 2026 | Mastrocola David Johndirector | Buy | 2,000 | $31.00 |
| Feb 17, 2026 | Ott Larryofficer: See remarks | Grant | 6,065 | — |
Source: CPS SEC Form 4 filings, latest May 18, 2026. For informational purposes only — not investment advice.
See the full CPS insider & 13F page →Cooper-Standard Holdings Inc. company profile
Overview
Cooper-Standard Holdings Inc. (NYSE:CPS) is a Michigan-based automotive supplier that designs, manufactures, and sells specialized components for passenger vehicles and light trucks. Founded in 1960 and publicly traded since 2010, the company operates manufacturing facilities across the United States, Mexico, China, Poland, Canada, Germany, France, and other international markets. Cooper-Standard serves automotive original equipment manufacturers (OEMs) and replacement markets, positioning itself as a key supplier in the global automotive supply chain during a period of significant industry transformation toward electrification and hybrid technologies.
Business
Cooper-Standard operates in the automotive parts manufacturing industry, specifically focusing on three core product categories that are essential components in modern vehicles. The company's sealing systems include door seals, window seals, obstacle detection sensor systems, and specialty sealing products that prevent water, air, and noise from entering vehicle cabins. These systems also encompass advanced technologies like FlushSeal systems that provide seamless integration with vehicle exteriors and textured surfaces designed to match cloth appearances. The fuel and brake delivery systems represent another major product line, comprising the critical infrastructure that transports fuel and brake fluid throughout vehicles. This includes chassis and tank fuel lines, fuel rails for both direct injection and port fuel systems, metallic brake lines and bundles, and various connecting components. These systems are essential for vehicle operation and safety, requiring precise engineering to meet stringent automotive standards. The company's fluid transfer systems handle the movement of various fluids beyond fuel and brake fluid, including coolant hoses, turbo charger hoses, emission control lines, and thermal management systems. As vehicles become more complex with hybrid and electric powertrains, these systems have grown increasingly sophisticated, incorporating multilayer tubing for glycol thermal management and specialized components for electric vehicle cooling requirements. While specific revenue breakdowns by segment aren't consistently disclosed, the company has indicated that sealing systems and fluid handling represent their primary revenue drivers, with fluid handling expected to grow approximately 50% over the next five years due to increased content per vehicle in hybrid and electric platforms.
Revenue model
Cooper-Standard generates revenue primarily through product sales to automotive original equipment manufacturers (OEMs), operating on a business-to-business model where they supply components directly to vehicle assembly plants. The company's customers include major global automakers, and they typically establish long-term supply agreements tied to specific vehicle platforms and production schedules. The company's profitability is significantly influenced by several key factors. Vehicle production volumes directly impact revenue, as Cooper-Standard's sales correlate closely with automotive production schedules. The shift toward hybrid and electric vehicles has created opportunities for increased content per vehicle, with hybrid platforms generating nearly twice the content value compared to traditional internal combustion engine vehicles. Raw material costs represent a major margin pressure, particularly for rubber, steel, and plastic components. The company has implemented index-based pricing agreements covering approximately 65% of revenue to help recover material inflation costs from customers. Labor costs and manufacturing efficiency also significantly impact margins, leading to ongoing cost reduction initiatives that have generated substantial savings through lean manufacturing programs. Foreign exchange fluctuations affect profitability given the company's global manufacturing footprint, particularly in Mexico, Poland, and China. The company uses hedging strategies and works with customers on cost recovery mechanisms to mitigate currency impacts. Additionally, the timing of commercial settlements with customers for cost recoveries can create quarterly volatility in reported margins, though these typically normalize over longer periods.
Competitive moat
Cooper-Standard operates in a competitive automotive supply industry with limited sustainable competitive advantages. The company's primary moat stems from established customer relationships and the high switching costs associated with automotive component sourcing. Once a supplier is integrated into a vehicle platform design, changing suppliers requires significant re-engineering, testing, and certification efforts that automotive OEMs prefer to avoid. The company has developed some technological differentiation through proprietary innovations like FlushSeal technology, Fortrex materials, and specialized fluid handling systems for electric vehicles. However, these technological advantages are not insurmountable, and competitors can develop similar solutions over time. Manufacturing scale and global footprint provide some competitive benefits, allowing Cooper-Standard to serve multinational automotive customers across multiple regions. The company's presence in key automotive manufacturing hubs like Mexico, China, and Eastern Europe enables cost-effective local supply to major assembly plants. However, Cooper-Standard's moat is relatively weak overall. The automotive supply industry is characterized by intense price competition, customer concentration risk, and the constant threat of backward integration by OEMs or competition from other suppliers. The company's financial leverage and cyclical exposure to automotive production volumes further limit its ability to maintain pricing power. New entrants, particularly in emerging technologies for electric vehicles, pose ongoing competitive threats that could erode market position over time.
Risks & safety
Cooper-Standard presents significant financial risk with a narrow margin of safety due to high leverage and cyclical earnings volatility. • Solvency concerns: Total liabilities of $1.92 billion exceed total assets of $1.73 billion, creating negative book value of approximately $133 million • High debt burden: Net leverage ratio significantly above target of 2x, with substantial interest obligations on first and third-lien notes • Cash position: $140 million in cash provides limited cushion given negative free cash flow of $32 million in Q1 2025 • Operational cash flow: Inconsistent cash generation with negative $15 million from operations in Q1 2025 • Valuation metrics: Trading at 14.4x EV/EBITDA based on recent quarters, though P/E ratios are distorted by volatile earnings • Cyclical exposure: Automotive industry dependence creates vulnerability to production volume declines and economic downturns • Refinancing risk: Non-call provisions on debt expire in 2025, requiring successful refinancing in potentially challenging credit markets
Recent development
Cooper-Standard has undergone significant strategic transformation over the past few years, focusing on operational excellence and positioning for the automotive industry's shift toward electrification. The company implemented a major restructuring initiative that generated $40-45 million in annualized cost savings through workforce reductions and operational efficiencies, while achieving $76 million in additional savings through lean manufacturing programs and supply chain optimization. The company has strategically pivoted toward sustainable technologies and electric vehicle components, with new business awards for electric vehicle platforms exceeding traditional internal combustion engine awards for the first time in 2022. This shift is particularly evident in their fluid handling business, where they've developed specialized cooling systems for electric vehicles and hybrid platforms that provide nearly double the content per vehicle compared to traditional vehicles. Innovation initiatives have accelerated, with Cooper-Standard receiving recognition as PACE Award finalists for technologies like FlushSeal door sealing systems and eCoFlow switch pump technology. The company expanded beyond automotive through licensing agreements, including their Fortrex technology partnership with Nike for footwear applications. Geographically, Cooper-Standard has been rebalancing its customer mix in China, transitioning from 80% Western OEMs and 20% Chinese domestic automakers in 2012-2020 to an expected 20% Western OEMs and 80% Chinese domestic by 2027. This strategic shift positions the company to benefit from the rapid growth of Chinese electric vehicle manufacturers while reducing dependence on traditional Western automotive OEMs.
CPS company profile · for informational purposes only — not investment advice.
Track CPS with Drillr
SEC filings, earnings calls, insider activity, alt-data signals — all queryable through Drillr's AI terminal and MCP API.
Try Drillr for free