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Rogers Corporation

Rogers Corporation

NYSE•ROG
CEO: Mr. Randall Colin Gouveia
Sector: Technology
Industry: Hardware, Equipment & Parts
Listing Date: 1980-03-17
Rogers Corporation engages in the design, development, manufacture, and sale of engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers circuit materials, ceramic substrate materials, busbars, and cooling solutions for applications in electric and hybrid electric vehicles (EV/HEV), wireless infrastructure, automotive, renewable energy, aerospace and defense, mass transit, industrial, connected devices, and wired infrastructure. This segment sells its products under the curamik, ROLINX, RO4000, RO3000, RT/duroid, CLTE Series, TMM, AD Series, DiClad, CuClad Series, Kappa, COOLSPAN, TC Series, IsoClad, MAGTREX, IM, 2929 Bondply, SpeedWave Prepreg, RO4400/RO4400T, and Radix names. The EMS segment provides engineered material solutions, including polyurethane and silicone materials used in cushioning, gasketing, sealing, and vibration management applications; customized silicones used in flex heater and semiconductor thermal applications; and polytetrafluoroethylene and ultra-high molecular weight polyethylene materials used in wire and cable protection, electrical insulation, conduction and shielding, hose and belt protection, vibration management, cushioning, gasketing and sealing, and venting applications. This segment sells its products under the PORON, BISCO, DeWAL, ARLON, eSorba, XRD, Silicone Engineering, and R/bak names. The Other segment provides elastomer components; and elastomer floats for level sensing in fuel tanks, motors, and storage tanks for applications in the general industrial and automotive markets under the ENDUR and NITROPHYL names. The company was founded in 1832 and is headquartered in Chandler, Arizona.
Contact Information
2225 W. Chandler Boulevard, Chandler, AZ, 85224-6155, United States
480-917-6000
www.rogerscorp.com
Market Cap
$1.66B
P/E (TTM)
-25.4
40.9
Dividend Yield
--
52W High
$110.00
52W Low
$51.43
52W Range
70%
Rank32Top 16.7%
5.3
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$208.40M-0.90%
4-Quarter Trend

EPS

$4.08+603.45%
4-Quarter Trend

FCF

$21.20M-15.87%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Nine Month Net Sales Decline Net sales decreased 4.5% to $609.3M for nine months ended September 30, 2025, compared to $637.9M.
Significant Net Income Loss Reported net loss of ($66.4M) for nine months, reversing $26.6M income reported in prior year period.
Major Impairment Charges Recorded Total impairment charges reached $71.8M, including $67.3M goodwill impairment in curamik reporting unit.
Cash Position Remains Strong Cash and equivalents increased 5.0% to $167.8M as of September 30, 2025, supported by operations.

Risk Factors

Operating Income Collapse Operating income fell to ($52.1M) loss for nine months, driven by $71.8M in impairment charges.
Gross Margin Percentage Erosion Gross margin percentage fell 210 basis points to 31.7% due to unfavorable mix and higher freight costs.
Elevated Restructuring Expenses Incurred $17.3M restructuring charges, primarily for manufacturing footprint consolidation and workforce reduction.
Asbestos Litigation Uncertainty Asbestos liability remains a material contingency; ultimate recovery and settlement costs are difficult to estimate.

Outlook

Focus on Growth Strategy Strategy centers on market-driven organization, innovation leadership, and operational excellence for future growth.
Planned Capital Expenditures Expect capital spending in 2025 range of $30.0M to $40.0M, funded by operations and cash on hand.
Credit Facility Unused Status No outstanding borrowings existed under the $450.0M revolving credit facility as of September 30, 2025.
Technology Adoption Dependency Future revenue growth relies on capitalizing on trends like EV/HEV, ADAS adoption, and renewable energy.

Peer Comparison

Revenue (TTM)

PC Connection, Inc.CNXN
$2.88B
+3.2%
NCR Voyix CorporationVYX
$2.65B
-14.4%
Benchmark Electronics, Inc.BHE
$2.61B
-2.9%

Gross Margin (Latest Quarter)

MaxLinear, Inc.MXL
56.6%
+3.0pp
Lightspeed Commerce Inc.LSPD
42.4%
+0.0pp
PAR Technology CorporationPAR
41.3%
-3.2pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
BELFB$2.10B5.412.5%26.0%
LASR$1.78B-41.0-20.2%10.5%
ROG$1.66B-25.4-5.4%1.6%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
2.7%
Moderate Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Feb 18, 2026
|
EPS:$0.60
|
Revenue:-
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Oct 30, 2025|
    Revenue: $208.40M-0.9%
    |
    EPS: $4.08+603.4%
    Beat
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 1, 2025|
    Revenue: $202.80M-5.3%
    |
    EPS: $-4.00-1009.1%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: Apr 30, 2025|
    Revenue: $190.50M-10.7%
    |
    EPS: $-0.08-118.0%
    Miss
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 26, 2025|
    Revenue: $830.10M-8.6%
    |
    EPS: $1.40-53.9%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Oct 25, 2024|
    Revenue: $210.30M-8.2%
    |
    EPS: $0.58-43.1%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Jul 26, 2024|
    Revenue: $214.20M-7.2%
    |
    EPS: $0.44-54.2%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: Apr 26, 2024|
    Revenue: $213.40M-12.5%
    |
    EPS: $0.42-321.1%
    Miss
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 27, 2024|
    Revenue: $908.40M-6.5%
    |
    EPS: $3.04-51.0%
    Beat