Cooper-Standard Holdings Inc. (CPS): History, Ownership, Mission, How It Works & Makes Money

Cooper-Standard Holdings Inc. (CPS): History, Ownership, Mission, How It Works & Makes Money

US | Consumer Cyclical | Auto - Parts | NYSE

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Ever wondered about the backbone of automotive innovation and how companies adapt to industry shifts? Cooper-Standard Holdings Inc. (CPS), a leading global supplier of sealing and fluid handling systems and components, has been navigating these changes for over 60 years. With a reported $2.73 billion in sales for 2024 and a strategic focus on electric vehicle platforms, earning $181.4 million in net new business awards, including $105.8 million specifically for EV platforms, how does this company operate and generate revenue, and what makes it a key player in the automotive supply chain?

Cooper-Standard Holdings Inc. (CPS) History

Cooper-Standard Holdings Inc. Founding Timeline

Year established

The origins of Cooper-Standard can be traced back to 1917.

Original location

The company's roots began in St. Joseph, Michigan.

Founding team members

It emerged from the merger of several companies, including the Standard Parts Company, although specific founding team members are not explicitly named in available resources.

Initial capital/funding

Details regarding the initial capital or funding are not available in the provided search results.

Cooper-Standard Holdings Inc. Evolution Milestones

Year Key Event Significance
1917 Formation through mergers Established the foundation of what would become Cooper-Standard.
1960s Growth and expansion Expanded product lines and market reach through strategic acquisitions and internal growth initiatives.
2004 Acquisition by private equity firms Signaled a shift in ownership and strategic direction, focusing on operational improvements and global expansion.
2010 Initial Public Offering (IPO) Marked a return to the public market, providing capital for further growth and debt reduction.
2019 Sale of Anti-Vibration Systems Business Focused the company's portfolio on core automotive sealing, fuel and brake delivery, and fluid transfer systems.

Cooper-Standard Holdings Inc. Transformative Moments

  • Strategic Acquisitions: Throughout its history, Cooper-Standard has grown through strategic acquisitions, expanding its product offerings and geographic reach.
  • Operational Restructuring: The company has undertaken several operational restructuring initiatives to improve efficiency and reduce costs, particularly following its acquisition by private equity firms in 2004.
  • Focus on Core Businesses: The sale of the Anti-Vibration Systems (AVS) business in 2019 was a transformative decision, allowing Cooper-Standard to concentrate on its core automotive sealing and fluid handling systems.
  • Technological Innovation: Cooper-Standard has invested in research and development to innovate new products and technologies, particularly in response to the evolving needs of the automotive industry.

To gain more insight into the company's guiding principles, read: Mission Statement, Vision, & Core Values of Cooper-Standard Holdings Inc. (CPS).

Cooper-Standard Holdings Inc. (CPS) Ownership Structure

Cooper-Standard Holdings Inc. exhibits a mixed ownership structure, encompassing public shareholders, institutional investors, and potentially private stakeholders.

Cooper-Standard Holdings Inc.'s Current Status

Cooper-Standard Holdings Inc. is a publicly traded company, meaning its shares are available for purchase by the general public on a stock exchange. This allows the company to raise capital through the issuance of stock and provides liquidity for investors. Being publicly traded entails certain regulatory requirements, including financial reporting and corporate governance standards.

Cooper-Standard Holdings Inc.'s Ownership Breakdown

The ownership of Cooper-Standard Holdings Inc. is distributed among various types of shareholders. While specific percentages may fluctuate due to market activity, a general overview can be provided.

Shareholder Type Ownership, % Notes
Institutional Investors Approximately 70-80% These are typically mutual funds, pension funds, hedge funds, and other financial institutions that manage large portfolios of investments.
Individual Investors Approximately 20-30% These are retail investors who directly own shares of the company.
Insider Ownership (Executives and Board Members) Varies, but generally a smaller percentage, often under 5% Represents shares held by the company's executives and board members.

Cooper-Standard Holdings Inc.'s Leadership

The leadership team of Cooper-Standard Holdings Inc. is responsible for setting the strategic direction of the company and overseeing its operations. Key members of the leadership team typically include:

  • Chairman of the Board: Leads the board of directors and ensures effective corporate governance.
  • Chief Executive Officer (CEO): Responsible for the overall management and performance of the company.
  • Chief Financial Officer (CFO): Manages the company's financial affairs, including accounting, reporting, and treasury functions.
  • Other Executive Vice Presidents: Lead various business units or functional areas, such as operations, sales, marketing, and technology.

For more in-depth insights into Cooper-Standard Holdings Inc., consider reading: Exploring Cooper-Standard Holdings Inc. (CPS) Investor Profile: Who’s Buying and Why?

Cooper-Standard Holdings Inc. (CPS) Mission and Values

Cooper-Standard Holdings Inc. aims to deliver sustainable solutions and create value for its stakeholders through innovation and efficient operations. The company's core values emphasize integrity, teamwork, and excellence in all its activities.

Cooper-Standard Holdings Inc.'s Core Purpose

Official mission statement

While specific official mission statements can evolve, Cooper-Standard Holdings Inc. focuses on:

  • Delivering value to customers through innovative and high-quality products and services.
  • Providing sustainable solutions in the automotive and industrial sectors.
  • Fostering a culture of excellence, integrity, and teamwork among employees.
  • Creating long-term value for shareholders through operational efficiency and strategic growth.

Vision statement

Cooper-Standard Holdings Inc.'s vision is centered around:

  • Being a leading provider of sealing and fluid handling systems and components.
  • Driving innovation to meet the evolving needs of the automotive and industrial markets.
  • Achieving operational excellence and efficiency in all aspects of the business.
  • Expanding its global presence and strengthening relationships with key customers and partners.

Company slogan/tagline

Cooper-Standard Holdings Inc. focuses on delivering quality and innovation in their products. More information about Cooper-Standard Holdings Inc.'s financial performance can be found at: Breaking Down Cooper-Standard Holdings Inc. (CPS) Financial Health: Key Insights for Investors

Cooper-Standard Holdings Inc. (CPS) How It Works

Cooper-Standard Holdings Inc. designs, manufactures, and sells sealing, fuel and brake delivery, and fluid transfer systems and components for use in transportation and industrial markets.

Cooper-Standard Holdings Inc.'s Product/Service Portfolio

Product/Service Target Market Key Features
Sealing Systems Automotive and Industrial Enhance vehicle performance by preventing leaks and contamination.
Fuel and Brake Delivery Systems Automotive Designed for safety and efficiency in fuel and brake systems.
Fluid Transfer Systems Automotive and Industrial Manage fluids and gases, contributing to thermal management and emission control.
Anti-Vibration Systems Automotive and Industrial Reduce noise and vibration in vehicles, improving passenger comfort and vehicle lifespan.

Cooper-Standard Holdings Inc.'s Operational Framework

Cooper-Standard Holdings Inc. operates through a global manufacturing and supply chain network, focusing on engineering and material science to create advanced components and systems. The company emphasizes innovation to meet the evolving needs of the automotive industry, including electric and hybrid vehicles.

  • Global Manufacturing: Operates facilities in 16 countries.
  • Engineering Focus: Develops advanced solutions through material science and product engineering.
  • Supply Chain Management: Manages a complex supply chain to ensure timely delivery of components.
  • Customer Collaboration: Works closely with automotive manufacturers to integrate systems into vehicle platforms.

Cooper-Standard Holdings Inc.'s Strategic Advantages

  • Technological Innovation: Invests in research and development to create differentiated products.
  • Global Footprint: Supports worldwide automotive production with strategically located facilities.
  • Customer Relationships: Maintains long-term partnerships with major automotive manufacturers.
  • Operational Efficiency: Implements lean manufacturing principles to reduce costs and improve quality.

Learn more about the investors: Exploring Cooper-Standard Holdings Inc. (CPS) Investor Profile: Who’s Buying and Why?

Cooper-Standard Holdings Inc. (CPS) How It Makes Money

Cooper-Standard Holdings Inc. primarily generates revenue through the sale of sealing, fuel and brake delivery, and fluid transfer systems to automotive original equipment manufacturers (OEMs) and suppliers globally.

Cooper-Standard Holdings Inc.'s Revenue Breakdown

While precise 2024 revenue percentages are not available, understanding the general revenue streams and their trends provides valuable insight. The following table presents a hypothetical revenue breakdown based on available information regarding Cooper-Standard's operations:

Revenue Stream % of Total Growth Trend
Sealing Systems 45% Stable
Fuel and Brake Delivery Systems 30% Decreasing
Fluid Transfer Systems 20% Increasing
Other Products 5% Stable

Cooper-Standard Holdings Inc.'s Business Economics

Cooper-Standard Holdings Inc.'s business economics are influenced by several key factors:

  • Raw Material Costs: The company's profitability is significantly impacted by the cost of raw materials such as rubber, plastics, and metals. Fluctuations in these prices can affect profit margins.
  • Pricing Agreements: Cooper-Standard negotiates pricing agreements with its customers, primarily automotive OEMs. These agreements often include provisions for cost adjustments based on raw material prices and production volumes.
  • Production Efficiency: Efficient manufacturing processes and supply chain management are crucial for maintaining competitiveness and profitability. The company focuses on continuous improvement initiatives to reduce costs and improve efficiency.
  • Global Presence: With operations in numerous countries, Cooper-Standard benefits from a diversified customer base and manufacturing footprint. However, it also faces challenges related to currency exchange rates, geopolitical risks, and varying labor costs.
  • Technological Innovation: Investment in research and development is essential for developing innovative products and solutions that meet the evolving needs of the automotive industry, such as electric and autonomous vehicles.

To gain more insights into Cooper-Standard Holdings Inc., consider reading: Exploring Cooper-Standard Holdings Inc. (CPS) Investor Profile: Who’s Buying and Why?

Cooper-Standard Holdings Inc.'s Financial Performance

Analyzing Cooper-Standard's financial performance involves looking at key metrics that reflect its operational efficiency, profitability, and financial stability.

  • Revenue: In the fiscal year 2023, Cooper-Standard reported sales of $2.5 billion, a 15.4% increase compared to $2.2 billion in 2022.
  • Gross Profit: The gross profit for 2023 was $224.4 million, compared to $119.4 million for 2022.
  • Net Loss: The net loss for 2023 was $144.3 million, or $8.47 per share, compared to a net loss of $244.1 million, or $14.41 per share, for 2022.
  • Adjusted EBITDA: Adjusted EBITDA for 2023 was $145.4 million, compared to $47.1 million for 2022.
  • Liquidity: As of December 31, 2023, Cooper-Standard had cash and cash equivalents totaling $201.5 million, with $103.0 million available under its revolving credit facility.

These figures indicate significant revenue growth and improved profitability in 2023 compared to the previous year. However, the company still faces challenges related to profitability and debt management.

Cooper-Standard Holdings Inc. (CPS) Market Position & Future Outlook

Cooper-Standard Holdings Inc. faces a dynamic market as of April 2025, navigating evolving industry trends and technological advancements to maintain its competitive edge. The company's future outlook hinges on its ability to capitalize on emerging opportunities while effectively mitigating potential risks.

Competitive Landscape

Company Market Share, % Key Advantage
Cooper-Standard Holdings Inc. ~3-5% Strong expertise in sealing and fluid transfer systems, diversified product portfolio.
Tenneco (DRiV) ~7-9% Leading OE supplier with strong brand recognition.
Toyoda Gosei ~5-7% Strong relationships with Japanese automotive manufacturers, focus on rubber and plastics.

Opportunities & Challenges

Opportunities Risks
Expansion into electric vehicle (EV) components market, leveraging expertise in thermal management and sealing solutions. Fluctuations in raw material prices, impacting production costs and profitability.
Growth in emerging markets, particularly in Asia-Pacific, driven by increasing automotive production and demand. Intensified competition from both established players and new entrants, potentially eroding market share.
Adoption of advanced manufacturing technologies, such as automation and 3D printing, to improve efficiency and reduce costs. Geopolitical instability and trade tensions, disrupting supply chains and affecting sales in certain regions.

Industry Position

Cooper-Standard Holdings Inc. holds a significant position within the automotive parts industry, recognized for its expertise in sealing and fluid handling systems. As of April 2025, the company's standing can be further described by:

  • Focus on innovation and new product development, particularly in areas related to electric vehicles and lightweighting.
  • Commitment to operational excellence and cost reduction initiatives to improve profitability and competitiveness.
  • Strategic partnerships and collaborations to expand its product offerings and geographic reach.

To learn more about the company's guiding principles, visit: Mission Statement, Vision, & Core Values of Cooper-Standard Holdings Inc. (CPS).

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