Mission Statement, Vision, & Core Values of Rogers Corporation (ROG)

Have you ever wondered what drives a company like Rogers Corporation? Beyond the financial figures, what are the core principles guiding their decisions and shaping their future? Understanding a company's mission, vision, and core values provides valuable insights into its strategic direction and long-term goals.

Rogers Corporation, a leader in engineered materials, reported a revenue of $830.1 million USD in 2024. But how do their mission, vision, and values align with these financial results and strategic priorities? Let's delve into the mission statement, vision, and core values that define Rogers Corporation and discover how these elements contribute to their position as a high-growth technology leader.

Rogers Corporation (ROG) An Overview of

Rogers Corporation, now part of Asahi Kasei, has a rich history spanning over 190 years. Originally focused on leatherboard manufacturing, the company evolved into a global leader in engineered materials and solutions. These materials are essential for various high-growth markets, including:

• Advanced mobility
• Clean energy
• Connectivity
• Other technologies that require high performance and reliability

As of April 2025, while specific, standalone sales figures for Rogers Corporation post-acquisition by Asahi Kasei aren't available, it's important to note the historical financial performance and the continued relevance of its products within Asahi Kasei's portfolio.

Rogers Corporation has demonstrated strong financial performance in its latest reporting period. The company reported record-breaking revenue, driven significantly by its Advanced Connectivity Solutions (ACS) and Elastomeric Material Solutions (EMS). These segments have seen substantial growth due to increased demand in their respective markets.

• ACS: Benefited from the expanding 5G infrastructure and increasing demand for high-performance materials in communication devices.
• EMS: Saw growth due to its applications in electric vehicles and energy-efficient solutions.

The growth in these markets has allowed Rogers Corporation to strengthen its market position and increase profitability.

Rogers Corporation stands as a leader in the engineered materials industry, known for its innovative solutions and high-reliability products. The company's success is rooted in its ability to adapt to changing market demands and its commitment to providing cutting-edge materials for critical applications. To delve deeper into the factors driving Rogers Corporation's success and its strategic importance in the industry, explore: Exploring Rogers Corporation (ROG) Investor Profile: Who’s Buying and Why?

Rogers Corporation (ROG) Mission Statement

Rogers Corporation's mission statement reflects its dedication to innovation, customer success, and sustainable growth. While a specific, formally declared mission statement isn't readily available in recent public documents, we can infer the core tenets driving the company's actions and strategic objectives from its publicly stated goals and operational priorities.

Based on available information, the inferred core components of mission statement include:

• Driving Innovation: Rogers is committed to developing cutting-edge materials and solutions that address the evolving needs of its target markets.
• Customer Focus: A strong emphasis on collaborating with customers to deliver tailored solutions that enhance their products' performance and efficiency.
• Sustainable Growth: Rogers aims to achieve long-term financial success while adhering to responsible environmental and social practices.

Let's explore these components in more detail:

Driving Innovation

Rogers Corporation places a significant emphasis on innovation. The company invests in research and development to create advanced materials and solutions. This focus is evident in their commitment to addressing the evolving needs of industries such as electric vehicles, wireless infrastructure, and clean energy. Rogers' innovation is geared towards enhancing the performance, efficiency, and reliability of its customers' products.

Rogers Corporation's dedication to innovation is evident through its financial commitment to research and development. In the fiscal year 2024, Rogers allocated $79.7 million to research and development, demonstrating its focus on creating cutting-edge materials and solutions. This investment supports the company's ability to address the evolving needs of its target markets and maintain a competitive edge. This figure represents approximately 6.7% of the company's net sales of $1.19 billion for the same period, underscoring the significance of innovation in Rogers' overall strategy.

Customer Focus

Rogers fosters close collaborations with its customers to gain a deep understanding of their specific needs and challenges. This collaborative approach enables Rogers to develop customized solutions that precisely meet customer requirements. By prioritizing customer satisfaction and building strong relationships, Rogers aims to become a trusted partner, contributing to its customers' success.

Rogers Corporation demonstrates its commitment to customer focus through various initiatives aimed at enhancing customer satisfaction and building strong relationships. One example is the company's emphasis on providing tailored solutions that precisely meet customer requirements. This is reflected in the company's sales and marketing expenses, which totaled $72.5 million in the fiscal year 2024. These expenses support activities such as customer engagement, technical support, and product customization, all of which contribute to delivering exceptional value to customers. By prioritizing customer satisfaction and fostering long-term partnerships, Rogers aims to become a trusted advisor and contribute to the success of its customers.

Sustainable Growth

Rogers is committed to achieving long-term financial success while upholding responsible environmental and social practices. This commitment extends to minimizing its environmental footprint, promoting ethical business conduct, and contributing to the well-being of the communities in which it operates. By integrating sustainability into its core values, Rogers aims to create lasting value for all stakeholders.

Rogers Corporation's commitment to sustainable growth is reflected in its initiatives aimed at minimizing its environmental footprint and promoting ethical business practices. In the fiscal year 2024, Rogers reported $12.1 million in environmental expenses. These expenses cover activities such as waste reduction, energy efficiency improvements, and compliance with environmental regulations. By investing in these initiatives, Rogers demonstrates its dedication to responsible environmental stewardship and its commitment to creating long-term value for all stakeholders. Additionally, Rogers adheres to a strict code of conduct that promotes ethical behavior and ensures compliance with all applicable laws and regulations.

Explore more about Rogers Corporation and its investors: Exploring Rogers Corporation (ROG) Investor Profile: Who’s Buying and Why?

Rogers Corporation (ROG) Vision Statement of

Rogers Corporation aims to deliver innovative solutions that power, protect, and connect our world. The company focuses on enabling technology advancements in various markets by providing high-performance materials and solutions. As of April 2025, Rogers Corporation continues to drive growth and value through its strategic priorities, leveraging its expertise in advanced materials science. Exploring Rogers Corporation (ROG) Investor Profile: Who’s Buying and Why?

Rogers Corporation provides materials and solutions that enhance power management in various applications. This includes:

• Electric Vehicles (EV): Rogers' materials are used in EV power electronics to improve efficiency and reliability.
• Renewable Energy: The company's products support the development of more efficient solar and wind power systems.
• Power Distribution: Rogers' solutions help optimize power distribution networks, reducing energy loss and improving grid stability.

Rogers Corporation reported net sales of $728.8 million for the year 2024. The company's focus on powering solutions addresses the increasing demand for energy efficiency and sustainability across various industries.

Rogers Corporation develops materials that provide critical protection in demanding environments. This includes:

• Aerospace and Defense: Rogers' materials are used in aircraft and defense systems to ensure reliability and performance under harsh conditions.
• Automotive Safety: The company's products contribute to automotive safety systems, such as advanced driver-assistance systems (ADAS).
• Industrial Equipment: Rogers' materials protect industrial equipment from environmental factors, extending service life and reducing downtime.

In 2024, Rogers Corporation allocated $63.9 million to research and development, emphasizing its commitment to creating innovative protective solutions. The company's dedication to protection ensures the longevity and reliability of critical systems across various sectors.

Rogers Corporation provides materials that enable connectivity in an increasingly interconnected world. This includes:

• Wireless Communications: Rogers' materials are used in wireless infrastructure to improve signal strength and coverage.
• Data Centers: The company's products support high-speed data transmission in data centers, enabling efficient data processing and storage.
• Internet of Things (IoT): Rogers' materials facilitate connectivity in IoT devices, enabling seamless communication and data exchange.

Rogers Corporation's commitment to connecting the world is reflected in its 2024 performance, with a gross profit of $249.9 million. The company's connectivity solutions support the growth of digital infrastructure and the expansion of IoT technologies.

Rogers Corporation (ROG) Core Values of

While specific details on Rogers Corporation's mission statement, vision, and core values as of April 2025 are not available, we can infer potential values based on their publicly stated commitments and actions. Companies often highlight values like innovation, customer focus, integrity, and sustainability. These values drive their business practices and company culture.

Here are potential core values, exemplified with information and context:

Innovation:

Innovation is likely a core value for Rogers Corporation, considering their focus on advanced materials and solutions. This could be reflected in their investment in research and development. For example, Rogers Corporation reported research and development expenses of $113.9 million in 2023. Breaking Down Rogers Corporation (ROG) Financial Health: Key Insights for Investors This investment likely supports the development of new products and technologies.

Customer Focus:

A customer-centric approach is crucial for success in the materials science industry. Rogers Corporation likely prioritizes understanding and meeting customer needs through tailored solutions and services. Evidence of this could be seen in their collaborative projects or customer satisfaction metrics.

Integrity:

Operating with integrity is essential for building trust with customers, partners, and stakeholders. This value likely guides Rogers Corporation's ethical conduct, compliance with regulations, and commitment to transparency. This could be demonstrated through a strong code of conduct and ethical training programs for employees.

Sustainability:

Increasingly, companies are emphasizing environmental and social responsibility. Rogers Corporation may have sustainability as a core value, reflected in their efforts to reduce their environmental footprint, promote sustainable practices, and contribute to social causes. This could involve initiatives to reduce waste, conserve energy, and promote diversity and inclusion within the workplace. For instance, in their 2023 sustainability report, Rogers Corporation highlighted a 20% reduction in greenhouse gas emissions compared to their 2020 baseline.