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ROGRogers Corporation
$164.62$2.9B
Overview & Verdict
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HomeStocksROGBalance Sheet

Rogers Corporation (ROG) Balance Sheet

30Y historyFree accessUpdated daily

The company maintains a highly conservative capital structure, evidenced by a negligible debt-to-equity ratio of 0.02 and a robust current ratio of 4.02 as of 2026Q1.

ROG Balance Sheet

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly
MetricTTMDec'25Dec'24Dec'23Dec'22Dec'21Dec'20Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07Dec'06Dec'05Dec'04Dec'03Dec'02Dec'01Dec'00Dec'99Dec'98Dec'97Dec'96
Total Current Assets511.4M500M493.9M526.9M659.9M584.07M474.18M464.1M485.79M454.52M458.4M429.14M432.05M377.71M306.94M265.63M221.58M164.22M184.29M247.05M272.55M181.03M172.93M127.1M87.67M84.92M92.85M72.5M74.3M79.5M62.7M
Cash & Short-Term Investments195.8M197M159.8M131.7M235.9M232.3M191.78M166.85M167.74M181.16M227.77M204.59M237.38M191.88M114.86M79.73M80.32M58.14M70.63M89.63M81.82M46.4M39.97M34.48M28.93M20.89M10.1M10M9.6M18.8M18.7M
Cash Only195.8M197M159.8M131.7M235.9M232.3M191.78M166.85M167.74M181.16M227.77M204.59M237.38M191.88M114.86M79.73M80.14M57.74M70.17M36.33M13.64M46.4M37.97M31.48M22.3M20.89M10.1M10M9.6M18.8M18.7M
Short-Term Investments0000000000000000186K399K455K53.3M68.19M02M3M6.63M000000
Accounts Receivable172.7M163.2M163.3M211.4M220.2M202.88M163.98M149.03M171.49M146.24M126.7M109.67M105.89M98.78M96.5M92.31M77.38M59.36M55.07M86.95M101.64M77.54M71.69M58.26M34.37M32.58M46.27M33.9M32.6M28.7M21.1M
Days Sales Outstanding76.7273.4771.884.9482.7679.3874.5860.5671.265.0170.4662.4163.2767.0870.6260.9174.4874.2555.0273.5881.6279.4871.6987.3957.1755.0568.0349.9354.9455.2254.43
Inventory127.5M125M142.3M153.5M182.4M133.38M102.36M132.86M132.64M112.56M91.13M91.82M68.63M66.89M73.18M78.32M47.57M33.83M41.62M51.24M70.24M43.5M49.05M27.5M18.07M25.38M30.42M23.3M22.8M21.6M12.7M
Days Inventory Outstanding89.6482.3693.9293.18102.3983.3973.1583.0485.1981.7681.7682.8666.5970.1578.9876.4271.6158.0960.4259.2482.2662.7771.160.9143.9162.0967.0151.3655.4462.0850.66
Other Current Assets15.4M14.8M28.5M30.3M17.36M13.59M13.09M10.84M10.83M11.48M9.78M17.52M15.57M14.63M17.48M10.96M14.38M10.94M15.4M14.07M18.84M13.58M12.22M6.86M6.3M6.07M6.06M5.3M9.3M10.4M10.2M
Total Non-Current Assets915.1M929.9M987.2M990.3M986.3M1.01B789.83M809.08M793.56M670.61M598.1M503.32M403.06M428.83M453.09M412M263.29M243.26M291.14M223.89M208.35M219.57M232.26M187.34M170.03M138.89M128.66M110.9M101.9M78.9M56.5M
Property, Plant & Equipment382.4M391.6M389.2M385.2M371.4M326.97M276.59M264.9M242.76M179.61M176.92M178.66M150.42M146.93M149.02M148.18M120.09M123.14M145.22M147.2M141.73M131.62M140.38M131.16M99.88M98.45M94.2M84.7M74.8M52.2M36.6M
Fixed Asset Turnover2.06x2.07x2.13x2.36x2.61x2.85x2.90x3.39x3.62x4.57x3.71x3.59x4.06x3.66x3.35x3.73x3.16x2.37x2.52x2.93x3.21x2.71x2.60x1.86x2.20x2.19x2.64x2.93x2.90x3.63x3.87x
Goodwill301.2M303.4M357.6M359.8M352.4M370.19M270.17M262.93M264.88M237.11M208.43M175.45M98.23M108.67M105.04M102.18M25.19M9.63M0010.66M21.93M00000000100K
Intangible Assets95.8M99.3M110.3M123.9M133.7M176.35M118.03M158.95M177.01M160.28M136.68M75.02M38.34M49.17M53.29M56.45M10.8M706K55.07M10.13M454K764K29.07M25.12M22.2M13.59M14.07M14.5M14.9M14.5M0
Long-Term Investments48.1M48.1M011.1M14.1M16.33M79.06M90.48M18.67M18.32M16.18M15.35M17.55M18.97M26.17M54.83M64.04M76.88M74M30.56M020.26M00016.1M05.3M5.5M5.4M5M
Other Non-Current Assets19.8M20.5M68.6M60.6M64.1M91.99M17.32M14.7M82M69.28M45.26M50.25M53.67M60.23M48.13M30.24M26.06M24.68M24.35M26.02M50.68M34.18M62.8M31.07M47.94M2.55M20.4M0800K4.5M14.4M
Total Assets1.43B1.43B1.48B1.52B1.65B1.6B1.26B1.27B1.28B1.13B1.06B932.46M835.12M806.53M760.02M677.63M484.87M407.48M475.43M470.95M480.9M400.6M405.19M314.44M257.7M223.81M221.51M183.4M176.2M158.4M119.2M
Asset Turnover0.57x0.57x0.56x0.60x0.59x0.58x0.63x0.71x0.69x0.73x0.62x0.69x0.73x0.67x0.66x0.82x0.78x0.72x0.77x0.92x0.95x0.89x0.90x0.77x0.85x0.97x1.12x1.35x1.23x1.20x1.19x
Asset Growth %-17.52%-3.46%-2.38%-7.84%2.98%26.47%-0.72%-0.48%13.71%6.5%13.3%11.66%3.54%6.12%12.16%39.75%18.99%-14.29%0.95%-2.07%20.05%-1.13%28.86%22.02%15.14%1.04%20.78%4.09%11.24%32.89%16.29%
Total Current Liabilities127.3M126.1M123.5M116.4M142.5M163.95M111.51M100.22M107.18M113.81M101.19M79.12M120.44M90.04M84.5M78.8M65.44M42.84M59.84M68.29M82.14M57.37M57.39M50.02M34.78M29.69M38.74M36.7M32.3M34M24.6M
Accounts Payable52.8M42.9M48.1M50.3M57.3M64.66M35.99M33.02M40.32M36.12M28.38M22.25M20.02M17.53M16.73M15.79M16.3M9.31M11.62M22.13M25.71M18.99M21.12M20.44M10.13M12.01M12.42M14.9M17.8M16.8M9.7M
Days Payables Outstanding32.628.2631.7530.5332.1740.4325.7220.6425.926.2425.4620.0819.4318.3918.0615.424.5315.9816.8725.5830.1227.430.6145.2824.6129.3827.3532.8443.2848.2838.69
Short-Term Debt4M3.9M00007.03M2.74M420K579K4M2.97M35.75M18.35M21.92M9.1M000000000000600K600K600K
Deferred Revenue (Current)000000007.03M71.43M61.7M47.3M57.85M46.62M26.29M31.93M000000000000000
Other Current Liabilities60.6M25.9M46.9M31.5M39.2M52.04M18.23M24.14M42.23M30.73M26.43M11.84M23.84M19.51M29.93M35.23M20.93M16.11M23.52M18.52M9.17M17.25M9.67M05.99M441K26.33M21.8M13.9M16.6M14.3M
Current Ratio4.02x3.97x4.00x4.53x4.63x3.56x4.25x4.63x4.53x3.99x4.53x5.42x3.59x4.19x3.63x3.37x3.39x3.83x3.08x3.62x3.32x3.16x3.01x2.54x2.52x2.86x2.40x1.98x2.30x2.34x2.55x
Quick Ratio3.02x2.97x2.85x3.21x3.35x2.75x3.33x3.30x3.29x3.00x3.63x4.26x3.02x3.45x2.77x2.38x2.66x3.04x2.38x2.87x2.46x2.40x2.16x1.99x2.00x2.01x1.61x1.34x1.59x1.70x2.03x
Cash Conversion Cycle133.76127.56133.98147.59152.98122.34122.01122.96130.49120.54126.76125.19110.43118.84131.55121.93121.56116.3598.57107.24133.76114.84112.18103.0376.4887.75107.6968.4567.0969.0266.39
Total Non-Current Liabilities106.5M108.1M106M141.8M331.2M315.72M131.74M239.06M323.84M244.75M319.53M268.76M132.71M160.97M241.37M260.57M88.9M71.68M79.45M38.68M41.58M62.98M66.44M37.55M39.88M31.05M36.96M30.3M33.7M30M17.4M
Long-Term Debt17.5M17.9M030M215M190M25M123M228.48M130.98M235.88M173.56M25M60M77.5M115M0000000001.31M9.12M9.7M13.7M13.7M3.6M
Capital Lease Obligations38.4M17.9M20.6M16.5M10.7M209K2.54M6.47M4.63M5.87M4.99M5.55M6.04M7.17M6.94M7.61M000000000000000
Deferred Tax Liabilities72.9M17.7M18M22.9M23.6M29.45M8.38M9.22M10.81M10.71M13.88M9.46M14.65M16.08M17.55M19.26M24.08M5.41M0006.36M14.11M14.06M8.31M8.15M8.63M6.4M5.9M2.3M400K
Other Non-Current Liabilities71.5M54.6M67.4M72.4M81.9M96.06M95.82M100.36M79.92M97.19M64.78M78.56M87.02M77.72M139.38M118.71M80.16M66.28M71.45M38.68M41.58M56.63M52.33M23.49M31.57M21.59M19.21M14.2M14.1M14M13.4M
Total Liabilities233.8M234.2M229.5M258.2M473.7M479.67M243.25M339.28M431.02M358.56M420.71M347.88M253.15M251.01M325.87M339.37M154.34M114.53M139.29M106.97M123.72M120.35M123.83M87.57M74.66M60.75M75.7M67M66M64M42M
Total Debt21.5M39.7M24.6M50M228.5M190.41M34.57M132.22M233.11M137.43M244.87M184.46M66.79M85.52M106.36M131.71M0000000001.31M9.12M9.7M14.3M14.3M4.2M
Net Debt-174.3M-157.3M-135.2M-81.7M-7.4M-41.89M-157.21M-34.63M65.37M-43.73M17.11M-20.13M-170.59M-106.36M-8.5M51.98M-80.14M-57.74M-70.17M-36.33M-13.64M-46.4M-37.97M-31.48M-22.3M-19.58M-984K-300K4.7M-4.5M-14.5M
Debt / Equity0.02x0.03x0.02x0.04x0.19x0.17x0.03x0.14x0.27x0.18x0.39x0.32x0.11x0.15x0.24x0.39x---------0.01x0.06x0.08x0.13x0.15x0.05x
Debt / EBITDA0.62x0.38x0.33x0.37x1.20x1.19x0.25x0.83x1.43x0.79x2.06x1.67x0.62x1.12x1.42x1.66x---------0.05x0.22x0.28x0.51x0.53x0.22x
Net Debt / EBITDA-4.99x-1.50x-1.82x-0.60x-0.04x-0.26x-1.13x-0.22x0.40x-0.25x0.14x-0.18x-1.59x-1.39x-0.11x0.66x-1.84x--2.48x-0.91x-0.21x-2.15x-0.73x-0.89x-0.80x-0.73x-0.02x-0.01x0.17x-0.17x-0.74x
Interest Coverage64.38x-22.23x6.76x6.57x41.14x16.52x13.10x17.09x21.60x22.06x18.38x30.46x17.87x11.45x10.98x-----182.57x252.88x--------
Total Equity1.19B1.2B1.25B1.26B1.17B1.12B1.02B933.9M848.32M766.57M635.79M584.58M581.96M555.53M434.15M338.26M330.53M292.95M336.14M363.98M357.18M280.25M281.37M226.87M183.04M163.06M145.81M116.4M110.2M94.4M77.2M
Equity Growth %-22.4%-4.47%-0.59%7.38%4.79%9.61%9.3%10.09%10.66%20.57%8.76%0.45%4.76%27.96%28.35%2.34%12.83%-12.85%-7.65%1.9%27.45%-0.4%24.02%23.95%12.25%11.83%25.27%5.63%16.74%22.28%28.45%
Book Value per Share64.8264.9867.2967.3361.8659.3254.5749.9145.4641.3334.8931.2931.1231.2725.5520.2120.6518.6721.1121.7320.6616.7617.1214.1811.4210.199.207.706.976.265.21
Total Shareholders' Equity1.19B1.2B1.25B1.26B1.17B1.12B1.02B933.9M848.32M766.57M635.79M584.58M581.96M555.53M434.15M338.26M330.53M292.95M336.14M363.98M357.18M280.25M281.37M226.87M183.04M163.06M145.81M116.4M110.2M94.4M77.2M
Common Stock17.8M17.8M18.5M18.6M18.6M18.73M18.68M18.58M18.39M18.25M18.02M17.96M18.4M17.86M16.9M16.22M15.84M15.74M15.65M16.41M16.94M16.25M16.44M16.33M15.86M15.74M15.49M7.7M7.6M7.5M7.4M
Retained Earnings1.12B1.12B1.18B1.16B1.1B981.83M873.69M823.7M776.4M684.54M591.35M543.07M491.43M438.55M400.78M332.1M295.04M260.47M323.34M296.83M277.44M230.99M214.42M174.32M148.04M129.44M113.7M87M68.4M54.6M38.1M
Treasury Stock00000000000000000000000-11.93M-12.77M-13.44M-13.44M-13.4M-400K00
Accumulated OCI-55M-47.1M-95.3M-66.4M-85.2M-45.24M-19.57M-46.91M-78.83M-65.16M-92.26M-88.46M-65.09M-11.45M-57.81M-62.8M-13.55M-8.43M-22.12M13.1M3.44M1.79M8.74M4.89M-4.69M-4.03M-2.2M400K2.6M-63.9M-57.9M
Minority Interest0000000000000000000000000000000

Key Metrics

Growth RegimeMixed
ProfitabilityStrained
Balance SheetHealthy
Cash FlowImproving
Top Statement Risk

Geopolitical and cyclical exposure

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Capital Base Remains Resiliently Stable

According to recent balance sheet data, Rogers Corporation has maintained a remarkably consistent total asset base of approximately $1.4 billion to $1.5 billion over the last ten quarters, signaling that the firm has successfully preserved its core capital structure despite significant external merger-related disruptions and cyclical volatility.

The stability in total assets suggests that management has avoided aggressive asset write-downs or balance sheet bloating, even as the company navigated the failed DuPont acquisition. This consistency implies that the underlying industrial footprint remains intact, providing a stable foundation for future operational recovery.

Minimal Leverage Enhances Financial Flexibility

As reported in financial statements, Rogers maintains a negligible debt-to-equity ratio of 0.02, reflecting a highly conservative capital structure that effectively insulates the company from rising interest rate environments and provides significant room for potential strategic investments or capital returns as the business cycle eventually turns.

With total debt consistently hovering near $20 million to $25 million, the company operates with virtually no leverage risk. This debt-light profile suggests that the firm is well-positioned to weather prolonged periods of low capacity utilization without the pressure of mandatory debt service obligations.

Strong Liquidity Buffers Against Volatility

Based on reported figures, Rogers maintains a robust current ratio of 4.02 as of 2026Q1, indicating that the company possesses a substantial liquidity cushion that allows it to manage working capital fluctuations and operational headwinds without relying on external financing or compromising its long-term research and development initiatives.

The consistent current ratio, which has remained above 3.7 throughout the last ten quarters, underscores a disciplined approach to managing short-term obligations. This liquidity profile provides the company with the necessary runway to sustain its high-fixed-cost manufacturing operations during periods of cyclical demand weakness.

Asset Composition Reflects Specialized Focus

Data from recent filings shows that Rogers holds approximately $382.4 million in net property, plant, and equipment, which, when combined with $301.2 million in goodwill, highlights a business model heavily reliant on specialized manufacturing infrastructure and past strategic acquisitions to maintain its competitive edge in material science.

The significant investment in PPE relative to total assets confirms the company's status as a high-barrier, asset-heavy manufacturer. Investors should monitor the quality of these assets, as the reliance on specialized equipment necessitates consistent throughput to justify the capital intensity of the current business model.

Goodwill Impairment Risk Warrants Monitoring

As indicated by the balance sheet, Rogers carries over $300 million in goodwill, which represents a non-trivial portion of total equity and suggests that any sustained underperformance in the AES or EMS segments could potentially trigger future impairment charges that would negatively impact the company's reported book value.

While the current goodwill balance appears stable, the reliance on these intangible assets warrants caution given the company's recent net losses and the evolving competitive landscape in 5G and EV materials. A failure to meet long-term growth targets in these segments could force a re-evaluation of these carrying values.

ROG — Frequently Asked Questions

Quick answers to the most common questions about buying ROG stock.

What are the total assets of Rogers Corporation (ROG)?

As of 2025, Rogers Corporation (ROG) had total assets of $1.43B including $500.0M in current assets.

How much debt does Rogers Corporation (ROG) have?

Rogers Corporation (ROG) carries total debt of $39.7M, offset by $197.0M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.

What is the book value or shareholders' equity of Rogers Corporation?

Rogers Corporation (ROG) has total shareholders' equity (book value) of $1.20B ($64.98 book value per share). Book value represents the net worth of the company belonging to common stock holders.

What is Rogers Corporation's current ratio and liquidity?

Rogers Corporation (ROG) reported a current ratio of 3.97x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.