ROG - Rogers Corporation
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$150.00
DETAILS
HIGH:
$150.00
LOW:
$150.00
MEDIAN:
$150.00
CONSENSUS:
$150.00
UPSIDE:
51.38%
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 830.1 | 908.4 | 971.2 | 932.9 | 802.6 | 898.3 | 879.1 | 821.0 | 656.3 | 641.4 |
| Cost of Revenue | 553.0 | 601.3 | 650.2 | 583.8 | 510.8 | 584.0 | 568.3 | 502.5 | 406.8 | 404.5 |
| Gross Profit | 277.1 | 307.1 | 321.0 | 349.1 | 291.8 | 314.3 | 310.8 | 318.6 | 249.5 | 237.0 |
| Operating Expenses | ||||||||||
| R&D Expenses | 34.6 | 35.7 | 35.2 | 29.9 | 29.3 | 31.7 | 33.1 | 29.5 | 28.6 | 27.6 |
| SG&A Expenses | 193.6 | 195.0 | 218.6 | 192.6 | 182.0 | 168.0 | 162.4 | 156.6 | 134.2 | 127.0 |
| Other Expenses | 24.0 | (8.9) | (77.2) | 9.4 | 13.2 | 4.2 | 2.6 | 3.3 | 5.8 | 6.1 |
| Operating Expenses | 252.2 | 221.8 | 176.6 | 231.9 | 224.5 | 203.8 | 198.1 | 189.4 | 168.6 | 160.7 |
| Operating Income | ||||||||||
| Operating Income | 24.9 | 85.3 | 144.4 | 117.2 | 67.3 | 110.5 | 112.7 | 129.1 | 80.9 | 76.3 |
| Interest Expense | 2.2 | 11.3 | 10.2 | 3.1 | 4.9 | 8.7 | 6.6 | 6.1 | 3.9 | 4.5 |
| Interest Income | 1.4 | 1.2 | 0.7 | 0.5 | 0.9 | 1.6 | 0.0 | 0.0 | 0.0 | 0.0 |
| Profitability | ||||||||||
| EBITDA | 98.3 | 127.5 | 113.1 | 169.9 | 152.1 | 162.9 | 163.3 | 176.5 | 124.5 | 116.4 |
| EBIT | 48.9 | 76.4 | 67.2 | 126.6 | 80.7 | 113.7 | 113.3 | 132.4 | 86.7 | 82.4 |
| Income Before Tax | 34.3 | 76.3 | 140.4 | 126.3 | 68.5 | 55.1 | 110.6 | 132.9 | 82.3 | 66.2 |
| Income Tax Expense | 8.2 | 19.7 | 23.8 | 18.2 | 18.5 | 7.8 | 22.9 | 52.5 | 34.0 | 19.9 |
| Net Income | 26.1 | 56.6 | 116.6 | 108.1 | 50.0 | 47.3 | 87.7 | 80.5 | 48.3 | 46.3 |
| Per Share Data | ||||||||||
| EPS (Basic) | 1.40 | 3.04 | 6.21 | 5.77 | 2.68 | 2.55 | 4.77 | 4.43 | 2.68 | 2.52 |
| EPS (Diluted) | 1.40 | 3.03 | 6.15 | 5.73 | 2.67 | 2.53 | 4.70 | 4.34 | 2.65 | 2.48 |
| Shares Outstanding | 18.6 | 18.6 | 18.8 | 18.7 | 18.7 | 18.6 | 18.4 | 18.2 | 18.0 | 18.4 |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 159.8 | 131.7 | 235.9 | 232.3 | 191.8 | 166.8 | 167.7 | 181.2 | 227.8 | 204.6 |
| Short-Term Investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Receivables | 163.3 | 211.4 | 220.2 | 202.9 | 164.0 | 149.0 | 171.5 | 146.2 | 126.7 | 109.7 |
| Inventory | 142.3 | 153.5 | 182.4 | 133.4 | 102.4 | 132.9 | 132.6 | 112.6 | 91.1 | 91.8 |
| Other Current Assets | 28.5 | 30.3 | 17.4 | 13.6 | 13.1 | 10.8 | 10.8 | 11.5 | 9.8 | 17.5 |
| Total Current Assets | 493.9 | 526.9 | 659.9 | 584.1 | 474.2 | 464.1 | 485.8 | 454.5 | 458.4 | 429.1 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 389.2 | 385.2 | 371.4 | 327.0 | 276.6 | 264.9 | 242.8 | 179.6 | 176.9 | 178.7 |
| Goodwill | 357.6 | 359.8 | 352.4 | 370.2 | 270.2 | 262.9 | 264.9 | 237.1 | 208.4 | 175.5 |
| Intangible Assets | 110.3 | 123.9 | 133.7 | 176.4 | 118.0 | 158.9 | 177.0 | 160.3 | 136.7 | 75.0 |
| Long-Term Investments | 0.0 | 11.1 | 14.1 | 16.3 | 79.1 | 90.5 | 18.7 | 18.3 | 16.2 | 15.3 |
| Other Non-Current Assets | 68.6 | 60.6 | 64.1 | 92.0 | 17.3 | 14.7 | 82.0 | 69.3 | 45.3 | 50.2 |
| Total Non-Current Assets | 987.2 | 990.3 | 986.3 | 1,014.5 | 789.8 | 809.1 | 793.6 | 670.6 | 598.1 | 503.3 |
| Total Assets | 1,481.1 | 1,517.2 | 1,646.2 | 1,598.6 | 1,264.0 | 1,273.2 | 1,279.3 | 1,125.1 | 1,056.5 | 932.5 |
| Current Liabilities | ||||||||||
| Account Payables | 48.1 | 50.3 | 57.3 | 64.7 | 36.0 | 33.0 | 40.3 | 36.1 | 28.4 | 22.3 |
| Short-Term Debt | 0.0 | 0.0 | 0.0 | 0.0 | 7.0 | 2.7 | 0.4 | 0.6 | 4.0 | 3.0 |
| Deferred Revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.0 | 71.4 | 61.7 | 47.3 |
| Other Current Liabilities | 46.9 | 31.5 | 39.2 | 52.0 | 18.2 | 24.1 | 42.2 | 30.7 | 26.4 | 11.8 |
| Total Current Liabilities | 123.5 | 116.4 | 142.5 | 163.9 | 111.5 | 100.2 | 107.2 | 113.8 | 101.2 | 79.1 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 0.0 | 30.0 | 215.0 | 190.0 | 25.0 | 123.0 | 228.5 | 131.0 | 235.9 | 173.6 |
| Deferred Tax Liabilities | 18.0 | 22.9 | 23.6 | 29.5 | 8.4 | 9.2 | 10.8 | 10.7 | 13.9 | 9.5 |
| Other Non-Current Liabilities | 67.4 | 72.4 | 81.9 | 96.1 | 95.8 | 100.4 | 79.9 | 97.2 | 64.8 | 78.6 |
| Total Non-Current Liabilities | 106.0 | 141.8 | 331.2 | 315.7 | 131.7 | 239.1 | 323.8 | 244.8 | 319.5 | 268.8 |
| Total Liabilities | 229.5 | 258.2 | 473.7 | 479.7 | 243.2 | 339.3 | 431.0 | 358.6 | 420.7 | 347.9 |
| Stockholders' Equity | ||||||||||
| Common Stock | 18.5 | 18.6 | 18.6 | 18.7 | 18.7 | 18.6 | 18.4 | 18.3 | 18.0 | 18.0 |
| Retained Earnings | 1,181.1 | 1,155.0 | 1,098.4 | 981.8 | 873.7 | 823.7 | 776.4 | 684.5 | 591.3 | 543.1 |
| Accumulated Other Comprehensive Income | (95.3) | (66.4) | (85.2) | (45.2) | (19.6) | (46.9) | (78.8) | (65.2) | (92.3) | (88.5) |
| Total Stockholders' Equity | 1,251.6 | 1,259.0 | 1,172.5 | 1,118.9 | 1,020.8 | 933.9 | 848.3 | 766.6 | 635.8 | 584.6 |
| Total Liabilities & Equity | 1,481.1 | 1,517.2 | 1,646.2 | 1,598.6 | 1,264.0 | 1,273.2 | 1,279.3 | 1,125.1 | 1,056.5 | 932.5 |
| Debt Metrics | ||||||||||
| Total Debt | 24.6 | 50.0 | 228.5 | 190.4 | 34.6 | 132.2 | 233.1 | 137.4 | 244.9 | 184.5 |
| Net Debt | (135.2) | (81.7) | (7.4) | (41.9) | (157.2) | (34.6) | 65.4 | (43.7) | 17.1 | (20.1) |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 26.1 | 56.6 | 116.6 | 108.1 | 50.0 | 47.3 | 87.7 | 80.5 | 48.3 | 46.3 |
| Depreciation & Amortization | 49.4 | 51.1 | 45.9 | 43.3 | 71.4 | 49.2 | 50.1 | 44.1 | 37.8 | 34.1 |
| Stock-Based Compensation | 15.1 | 14.3 | 11.8 | 17.0 | 13.5 | 12.3 | 11.2 | 11.8 | 11.3 | 9.6 |
| Change in Working Capital | 45.8 | (12.4) | (91.7) | (40.2) | 41.6 | 13.4 | (53.1) | (10.6) | 15.7 | (16.4) |
| Other Non-Cash Items | 8.0 | 25.4 | 67.5 | (0.6) | 1.9 | 56.7 | (25.7) | (4.3) | (3.5) | (3.4) |
| Operating Cash Flow | 127.1 | 131.4 | 129.5 | 124.4 | 165.1 | 161.3 | 66.8 | 139.0 | 117.0 | 73.9 |
| Investing Activities | ||||||||||
| Capital Expenditure | (56.1) | (57.0) | (116.8) | (71.1) | (40.4) | (51.6) | (47.1) | (27.2) | (18.1) | (24.8) |
| Acquisitions | 1.4 | 1.7 | (3.6) | (168.2) | 0.0 | 2.6 | (78.0) | (60.2) | (133.9) | (157.1) |
| Purchases of Investments | (0.5) | 0.0 | 0.0 | 0.0 | 0.0 | (2.6) | 0.0 | 0.0 | 0.0 | 0.0 |
| Sales/Maturities of Investments | 9.6 | 0.0 | 0.0 | 0.0 | 0.0 | 2.6 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Investing Activities | 0.0 | 7.4 | 7.3 | 0.7 | 0.0 | 0.0 | (42.4) | 9.1 | 0.3 | 1.7 |
| Investing Cash Flow | (45.6) | (47.9) | (113.1) | (238.6) | (40.4) | (49.0) | (167.4) | (78.3) | (151.8) | (180.3) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (30.4) | (185.4) | 24.7 | 160.4 | (100.2) | (105.9) | 96.3 | (110.7) | 62.2 | 118.4 |
| Stock Repurchased | (19.8) | 0.0 | (25.0) | 0.0 | 0.0 | 0.0 | (3.0) | 0.0 | (9.4) | (42.7) |
| Dividends Paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Financing Activities | (1.4) | (4.9) | (10.8) | (2.9) | (5.4) | (7.2) | 1.9 | (3.4) | 5.0 | 7.4 |
| Financing Cash Flow | (50.1) | (190.3) | (10.1) | 159.0 | (104.2) | (111.8) | 88.7 | (113.2) | 57.9 | 83.0 |
| Cash Position | ||||||||||
| Net Change in Cash | 28.1 | (104.2) | 3.6 | 40.5 | 24.9 | (0.9) | (13.4) | (46.6) | 23.2 | (32.8) |
| Cash at Beginning | 131.7 | 235.9 | 232.3 | 191.8 | 166.8 | 167.7 | 181.2 | 227.8 | 204.6 | 237.4 |
| Cash at End | 159.8 | 131.7 | 235.9 | 232.3 | 191.8 | 166.8 | 167.7 | 181.2 | 227.8 | 204.6 |
| Free Cash Flow | 71.0 | 74.4 | 12.7 | 53.3 | 124.7 | 109.7 | 19.7 | 111.8 | 98.8 | 49.1 |
| Key Metrics | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 830.1 | 908.4 | 971.2 | 932.9 | 802.6 | 898.3 | 879.1 | 821.0 | 656.3 | 641.4 |
| Gross Profit | 277.1 | 307.1 | 321.0 | 349.1 | 291.8 | 314.3 | 310.8 | 318.6 | 249.5 | 237.0 |
| Operating Income | 24.9 | 85.3 | 144.4 | 117.2 | 67.3 | 110.5 | 112.7 | 129.1 | 80.9 | 76.3 |
| Net Income | 26.1 | 56.6 | 116.6 | 108.1 | 50.0 | 47.3 | 87.7 | 80.5 | 48.3 | 46.3 |
| EPS (Diluted) | 1.40 | 3.03 | 6.15 | 5.73 | 2.67 | 2.53 | 4.70 | 4.34 | 2.65 | 2.48 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 159.8 | 131.7 | 235.9 | 232.3 | 191.8 | 166.8 | 167.7 | 181.2 | 227.8 | 204.6 |
| Total Assets | 1,481.1 | 1,517.2 | 1,646.2 | 1,598.6 | 1,264.0 | 1,273.2 | 1,279.3 | 1,125.1 | 1,056.5 | 932.5 |
| Total Debt | 24.6 | 50.0 | 228.5 | 190.4 | 34.6 | 132.2 | 233.1 | 137.4 | 244.9 | 184.5 |
| Stockholders' Equity | 1,251.6 | 1,259.0 | 1,172.5 | 1,118.9 | 1,020.8 | 933.9 | 848.3 | 766.6 | 635.8 | 584.6 |
| Cash Flow | ||||||||||
| Operating Cash Flow | 127.1 | 131.4 | 129.5 | 124.4 | 165.1 | 161.3 | 66.8 | 139.0 | 117.0 | 73.9 |
| Capital Expenditure | (56.1) | (57.0) | (116.8) | (71.1) | (40.4) | (51.6) | (47.1) | (27.2) | (18.1) | (24.8) |
| Free Cash Flow | 71.0 | 74.4 | 12.7 | 53.3 | 124.7 | 109.7 | 19.7 | 111.8 | 98.8 | 49.1 |