📊 ROG Key Takeaways
Is ROG a Good Investment? Thesis Analysis
Rogers Corp maintains strong liquidity and cash generation with zero debt, but ongoing operational losses and profoundly irregular revenue metrics suggest significant underlying business challenges requiring clarification. The disconnect between negative net income and positive free cash flow, coupled with an unprecedented 101,250% YoY revenue increase, indicates potential acquisition or restructuring complexity that obscures true operational health.
Why Buy ROG? Key Strengths
- Zero long-term debt with fortress balance sheet; debt/equity of 0.00x
- Exceptional liquidity: 3.97x current ratio and 2.97x quick ratio provide substantial financial flexibility
- Positive free cash flow of $71.1M (8.8% FCF margin) despite net losses demonstrates cash generation capability
- Strong cash position of $197.0M supports operations and strategic investments
- Gross margin of 31.7% indicates reasonable pricing power in core operations
ROG Investment Risks to Consider
- Company is unprofitable with operating loss of $45.0M and net loss of $61.8M; operating margin of -5.6% and net margin of -7.6%
- Negative ROE of -5.2% and ROA of -4.3% indicate shareholder value destruction
- Unexplained 101,250% YoY revenue spike raises critical questions about data quality, major acquisition, or non-recurring one-time events
- Material disconnect between negative net income and positive operating cash flow suggests significant non-cash charges or working capital distortions requiring investigation
- Negative interest coverage of -6.9x indicates inability to cover interest (though company has no debt)
Key Metrics to Watch
- Path to operating profitability and operating margin recovery trajectory
- Sustainability and quality of operating cash flow; whether positive FCF continues
- Revenue normalization and breakdown of organic versus acquisition-driven growth components
- Return on equity and return on assets trend reversal from negative territory
- Capital expenditure levels and reinvestment intensity
ROG Financial Metrics
💡 AI Analyst Insight
Strong liquidity with a 3.97x current ratio provides a solid financial cushion.
ROG Profitability Ratios
ROG vs Default Sector
How ROGERS CORP compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is ROG Overvalued or Undervalued?
Based on fundamental analysis, ROGERS CORP has mixed fundamental signals relative to the Default sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
ROG Balance Sheet & Liquidity
ROG 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: ROGERS CORP's revenue has remained relatively flat over the 5-year period, with a 3% decline. The most recent EPS of $3.03 reflects profitable operations.
ROG Growth Metrics (YoY)
ROG Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $210.3M | $8.6M | $0.48 |
| Q2 2025 | $202.8M | $8.1M | $0.44 |
| Q1 2025 | $190.5M | -$1.4M | $-0.08 |
| Q3 2024 | $210.3M | $10.7M | $0.58 |
| Q2 2024 | $214.2M | $8.1M | $0.44 |
| Q1 2024 | $213.4M | -$3.5M | $-0.19 |
| Q3 2023 | $229.1M | $14.8M | $0.78 |
| Q2 2023 | $230.8M | $14.4M | $0.77 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
ROG Capital Allocation
ROG SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for ROGERS CORP (CIK: 0000084748)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Mar 24, 2026 | DEF 14A | ny20055473x1_def14a.htm | View → |
| Mar 12, 2026 | 4 | xslF345X05/f4_a1eus000008deelma0-live.xm... | View → |
| Mar 3, 2026 | 8-K | rog-20260302.htm | View → |
| Mar 2, 2026 | 4 | xslF345X05/f4_a1eus0000088t0dmau-live.xm... | View → |
| Mar 2, 2026 | 4 | xslF345X05/f4_a1eus0000088sffmau-live.xm... | View → |
❓ Frequently Asked Questions about ROG
What is the AI rating for ROG?
ROGERS CORP (ROG) has an AI rating of HOLD with 35% confidence, based on fundamental analysis of SEC EDGAR filings.
What are ROG's key strengths?
Claude: Zero long-term debt with fortress balance sheet; debt/equity of 0.00x. Exceptional liquidity: 3.97x current ratio and 2.97x quick ratio provide substantial financial flexibility.
What are the risks of investing in ROG?
Claude: Company is unprofitable with operating loss of $45.0M and net loss of $61.8M; operating margin of -5.6% and net margin of -7.6%. Negative ROE of -5.2% and ROA of -4.3% indicate shareholder value destruction.
What is ROG's revenue and growth?
ROGERS CORP reported revenue of $810.8M.
Does ROG pay dividends?
ROGERS CORP does not currently pay dividends.
Where can I find ROG SEC filings?
Official SEC filings for ROGERS CORP (CIK: 0000084748) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is ROG's EPS?
ROGERS CORP has a diluted EPS of $-3.40.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is ROG a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, ROGERS CORP has a HOLD rating with 35% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is ROG stock overvalued or undervalued?
Valuation metrics for ROG: ROE of -5.2% (sector avg: 15%), net margin of -7.6% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy ROG stock in 2026?
Our dual AI analysis gives ROGERS CORP a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is ROG's free cash flow?
ROGERS CORP's operating cash flow is $101.2M, with capital expenditures of $30.1M. FCF margin is 8.8%.
How does ROG compare to other Default stocks?
Vs Default sector averages: Net margin -7.6% (avg: 12%), ROE -5.2% (avg: 15%), current ratio 3.97 (avg: 1.8).