Recent News
On July 16, 2026 Rogers Corporation published its 2026 Sustainability Report outlining environmental, social and governance initiatives. The company emphasized materials efficiency, operational emissions targets, and product innovations for energy and wireless infrastructure applications.
Technical Analysis
Directional indicators (ADX / DI+ / DI-): ADX at 24.94 signals an emerging trend rather than a strong directional move. DI- increased to 31.82, which signals bearish pressure, while DI+ shows a dip-and-reversal behavior at 19.28 that registers as a bullish recovery attempt; these competing signals suggest directional conflict with a net bias toward consolidation and potential near-term selling pressure.
MACD: MACD sits negative at -2.41 with a decreasing MACD_trend and a signal line at -2.00; negative and declining MACD indicates bearish momentum and no confirmed bullish crossover at present.
MRO (Momentum/Regression Oscillator): MRO registers -0.85, indicating the price lies modestly below the model target and therefore carries some upward potential if momentum shifts; magnitude remains small, so any rebound risk appears limited unless momentum strengthens.
RSI: RSI at 44.99 with a decreasing trend points to mild bearish momentum without oversold conditions; the oscillator supports a pause or pullback rather than an immediate oversold reversal.
Price Versus Moving Averages and Bands: Last close at $125.57 sits above the 200‑day average of $117.31, indicating longer-term support, while it trades below the 50‑day average of $136.97 and the 20‑day average of $131.34, which signals shorter-term weakness. Bollinger band placement (20‑day upper ≈ $139.74, lower ≈ $122.94) shows price near the lower band and within the bandwidth, consistent with consolidation and elevated short-term volatility (20‑day stdev ≈ $8.40). Ichimoku components place the Senkou span A at $145.88 and Senkou span B at $148.65, both above the current price, reinforcing near-term resistance levels.
Fundamental Analysis
Revenue and Top‑line Growth: Total revenue for the period measured at $216,800,000 with year‑over‑year revenue growth of 25.91% and a reported longer‑term revenue growth of 8.13%. The YoY increase reflects recovering end‑market demand across Advanced Electronics Solutions and Elastomeric Material Solutions.
Profitability: Gross margin registered 32.47% and operating margin 9.55%; EBIT recorded $21,900,000, producing an EBIT margin of 10.10%. The EBIT margin sits below the industry peer mean of 14.79% but above the industry peer low, indicating room for margin catch‑up versus the peer mean while still reflecting improving cost leverage versus recent periods.
Cash Flow and Liquidity: Operating cash flow measured $24,400,000 and free cash flow $18,300,000, with a free cash flow yield of 0.74%; cash and short‑term investments totaled $211,400,000 and the cash ratio stands at 1.55, reflecting conservative liquidity and ample short‑term buffer. Cash conversion cycle at 104.74 days slightly under the industry peer mean of 105.80 days, indicating working capital performance roughly in line with peers.
Capital Structure and Coverage: Total debt near $20,600,000 yields a debt‑to‑equity of 0.017 and debt‑to‑EBITDA near 0.59, while interest coverage approximates 43.8x; leverage remains minimal and coverage strong, supporting operational flexibility for reinvestment or targeted capital deployment.
Earnings and Valuation Metrics: Reported EPS actual $0.92 versus estimate $0.99, a negative surprise of $0.07 or about -7.07%. Net income came in at $13,600,000 and EBITDA at $35,100,000. Price multiples appear elevated: trailing PE ≈ 149.94 and P/B ≈ 2.05, while enterprise multiple measures near 64.91. WMDST values the stock as fair‑valued, reflecting improving margins against elevated multiples and the company’s strong liquidity position. The company disclosed its second quarter results on July 28, 2026, including the revenue and margin figures noted here.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-06-30 |
| REPORT DATE: | 2026-07-28 |
| NEXT REPORT DATE: | 2026-10-27 |
| CASH FLOW | Begin Period Cash Flow | $ 195.8 M |
| Operating Cash Flow | $ 24.4 M | |
| Capital Expenditures | $ -6.10 M | |
| Change In Working Capital | $ -7.90 M | |
| Dividends Paid | — | |
| Cash Flow Delta | $ -14.40 M | |
| End Period Cash Flow | $ 181.4 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 216.8 M | |
| Forward Revenue | $ 79.4 M | |
| COSTS | ||
| Cost Of Revenue | $ 146.4 M | |
| Depreciation | $ 13.2 M | |
| Depreciation and Amortization | $ 13.2 M | |
| Research and Development | $ 7.3 M | |
| Total Operating Expenses | $ 196.1 M | |
| PROFITABILITY | ||
| Gross Profit | $ 70.4 M | |
| EBITDA | $ 35.1 M | |
| EBIT | $ 21.9 M | |
| Operating Income | $ 20.7 M | |
| Interest Income | $ 900.0 K | |
| Interest Expense | $ 500.0 K | |
| Net Interest Income | $ 300.0 K | |
| Income Before Tax | $ 21.4 M | |
| Tax Provision | $ 7.8 M | |
| Tax Rate | 36.449 % | |
| Net Income | $ 13.6 M | |
| Net Income From Continuing Operations | $ 13.6 M | |
| EARNINGS | ||
| EPS Estimate | $ 0.99 | |
| EPS Actual | $ 0.92 | |
| EPS Difference | $ -0.07 | |
| EPS Surprise | -7.071 % | |
| Forward EPS | $ 1.11 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 1.4 B | |
| Intangible Assets | $ 394.3 M | |
| Net Tangible Assets | $ 810.4 M | |
| Total Current Assets | $ 543.6 M | |
| Cash and Short-Term Investments | $ 211.4 M | |
| Cash | $ 181.4 M | |
| Net Receivables | $ 141.4 M | |
| Inventory | $ 130.0 M | |
| Long-Term Investments | $ 19.9 M | |
| LIABILITIES | ||
| Accounts Payable | $ 63.1 M | |
| Short-Term Debt | — | |
| Total Current Liabilities | $ 136.3 M | |
| Net Debt | — | |
| Total Debt | $ 20.6 M | |
| Total Liabilities | $ 241.7 M | |
| EQUITY | ||
| Total Equity | $ 1.2 B | |
| Retained Earnings | $ 1.1 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 67.30 | |
| Shares Outstanding | 17.900 M | |
| Revenue Per-Share | $ 12.11 | |
| VALUATION | Market Capitalization | $ 2.5 B |
| Enterprise Value | $ 2.3 B | |
| Enterprise Multiple | 64.914 | |
| Enterprise Multiple QoQ | -8.444 % | |
| Enterprise Multiple YoY | -405.515 % | |
| Enterprise Multiple IPRWA | high: 302.042 mean: 112.183 median: 110.654 ROG: 64.914 low: -146.873 |
|
| EV/R | 10.51 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 1.201 | |
| Asset To Liability | 5.984 | |
| Debt To Capital | 0.017 | |
| Debt To Assets | 0.014 | |
| Debt To Assets QoQ | -5.508 % | |
| Debt To Assets YoY | -12.799 % | |
| Debt To Assets IPRWA | high: 0.705 median: 0.235 mean: 0.21 ROG: 0.014 low: 0.006 |
|
| Debt To Equity | 0.017 | |
| Debt To Equity QoQ | -5.158 % | |
| Debt To Equity YoY | -12.933 % | |
| Debt To Equity IPRWA | high: 2.204 median: 0.57 mean: 0.528 ROG: 0.017 low: -0.8 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 2.05 | |
| Price To Book QoQ | 25.117 % | |
| Price To Book YoY | 89.643 % | |
| Price To Book IPRWA | high: 17.779 median: 12.106 mean: 9.815 ROG: 2.05 low: -2.382 |
|
| Price To Earnings (P/E) | 149.945 | |
| Price To Earnings QoQ | 2.653 % | |
| Price To Earnings YoY | -25.659 % | |
| Price To Earnings IPRWA | high: 454.629 mean: 166.74 ROG: 149.945 median: 111.92 low: -148.034 |
|
| PE/G Ratio | 6.615 | |
| Price To Sales (P/S) | 11.39 | |
| Price To Sales QoQ | 16.874 % | |
| Price To Sales YoY | 77.103 % | |
| Price To Sales IPRWA | high: 91.147 median: 33.752 mean: 27.787 ROG: 11.39 low: 0.798 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 124.564 | |
| Forward PE/G | 5.495 | |
| Forward P/S | 31.114 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 10.724 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.151 | |
| Asset Turnover Ratio QoQ | 7.508 % | |
| Asset Turnover Ratio YoY | 10.208 % | |
| Asset Turnover Ratio IPRWA | high: 0.547 mean: 0.201 ROG: 0.151 median: 0.143 low: 0.003 |
|
| Receivables Turnover | 1.595 | |
| Receivables Turnover Ratio QoQ | -0.424 % | |
| Receivables Turnover Ratio YoY | 1.987 % | |
| Receivables Turnover Ratio IPRWA | high: 2.33 median: 1.607 mean: 1.604 ROG: 1.595 low: 0.626 |
|
| Inventory Turnover | 1.137 | |
| Inventory Turnover Ratio QoQ | 5.634 % | |
| Inventory Turnover Ratio YoY | 20.508 % | |
| Inventory Turnover Ratio IPRWA | high: 2.694 ROG: 1.137 mean: 0.918 median: 0.858 low: 0.165 |
|
| Days Sales Outstanding (DSO) | 57.2 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 104.738 | |
| Cash Conversion Cycle Days QoQ | -3.731 % | |
| Cash Conversion Cycle Days YoY | -15.01 % | |
| Cash Conversion Cycle Days IPRWA | high: 389.683 mean: 105.799 ROG: 104.738 median: 93.299 low: -166.342 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 0.532 | |
| CapEx To Revenue | -0.028 | |
| CapEx To Depreciation | -0.462 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 1.2 B | |
| Net Invested Capital | $ 1.2 B | |
| Invested Capital | $ 1.2 B | |
| Net Tangible Assets | $ 810.4 M | |
| Net Working Capital | $ 407.3 M | |
| LIQUIDITY | ||
| Cash Ratio | 1.551 | |
| Current Ratio | 3.988 | |
| Current Ratio QoQ | -0.722 % | |
| Current Ratio YoY | 5.189 % | |
| Current Ratio IPRWA | high: 13.249 ROG: 3.988 mean: 2.46 median: 1.813 low: 0.516 |
|
| Quick Ratio | 3.034 | |
| Quick Ratio QoQ | 0.622 % | |
| Quick Ratio YoY | 14.717 % | |
| Quick Ratio IPRWA | high: 12.292 ROG: 3.034 mean: 1.889 median: 1.244 low: 0.332 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 0.587 | |
| Cost Of Debt | 1.51 % | |
| Interest Coverage Ratio | 43.8 | |
| Interest Coverage Ratio QoQ | 49.744 % | |
| Interest Coverage Ratio YoY | -119.043 % | |
| Interest Coverage Ratio IPRWA | high: 76.329 ROG: 43.8 mean: 11.472 median: 7.904 low: -65.527 |
|
| Operating Cash Flow Ratio | 0.173 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 38.91 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | — | |
| Dividend Payout Ratio | — | |
| Dividend Rate | — | |
| Dividend Yield | — | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 1.395 % | |
| Revenue Growth | 8.13 % | |
| Revenue Growth QoQ | -1739.113 % | |
| Revenue Growth YoY | 25.91 % | |
| Revenue Growth IPRWA | high: 57.54 % mean: 9.942 % median: 8.711 % ROG: 8.13 % low: -22.909 % |
|
| Earnings Growth | 22.667 % | |
| Earnings Growth QoQ | -244.1 % | |
| Earnings Growth YoY | -12.57 % | |
| Earnings Growth IPRWA | high: 200.0 % ROG: 22.667 % mean: 9.129 % median: 7.527 % low: -200.0 % |
|
| MARGINS | ||
| Gross Margin | 32.472 % | |
| Gross Margin QoQ | 0.785 % | |
| Gross Margin YoY | 2.896 % | |
| Gross Margin IPRWA | high: 86.78 % mean: 39.177 % median: 36.138 % ROG: 32.472 % low: -8.541 % |
|
| EBIT Margin | 10.101 % | |
| EBIT Margin QoQ | 73.111 % | |
| EBIT Margin YoY | -129.688 % | |
| EBIT Margin IPRWA | high: 29.361 % median: 16.493 % mean: 14.791 % ROG: 10.101 % low: -101.864 % |
|
| Return On Sales (ROS) | 9.548 % | |
| Return On Sales QoQ | 15.328 % | |
| Return On Sales YoY | 125.136 % | |
| Return On Sales IPRWA | high: 29.361 % median: 15.494 % mean: 14.072 % ROG: 9.548 % low: -101.864 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 18.3 M | |
| Free Cash Flow Yield | 0.741 % | |
| Free Cash Flow Yield QoQ | 1223.214 % | |
| Free Cash Flow Yield YoY | 72.727 % | |
| Free Cash Flow Yield IPRWA | high: 2.95 % median: 0.852 % ROG: 0.741 % mean: 0.577 % low: -7.33 % |
|
| Free Cash Growth | 1563.636 % | |
| Free Cash Growth QoQ | -1705.491 % | |
| Free Cash Growth YoY | 838.18 % | |
| Free Cash Growth IPRWA | ROG: 1563.636 % high: 230.113 % median: 15.971 % mean: -29.15 % low: -359.143 % |
|
| Free Cash To Net Income | 1.346 | |
| Cash Flow Margin | 10.886 % | |
| Cash Flow To Earnings | 1.735 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 0.947 % | |
| Return On Assets QoQ | 200.635 % | |
| Return On Assets YoY | -119.054 % | |
| Return On Assets IPRWA | high: 5.859 % mean: 2.053 % median: 1.741 % ROG: 0.947 % low: -15.317 % |
|
| Return On Capital Employed (ROCE) | 1.672 % | |
| Return On Equity (ROE) | 0.011 | |
| Return On Equity QoQ | 199.469 % | |
| Return On Equity YoY | -118.511 % | |
| Return On Equity IPRWA | high: 0.149 mean: 0.05 median: 0.045 ROG: 0.011 low: -0.189 |
|
| DuPont ROE | 1.135 % | |
| Return On Invested Capital (ROIC) | 1.155 % | |
| Return On Invested Capital QoQ | 96.095 % | |
| Return On Invested Capital YoY | -125.57 % | |
| Return On Invested Capital IPRWA | high: 4.276 % median: 3.323 % mean: 2.908 % ROG: 1.155 % low: -4.912 % |
|