Rogers Corporation (ROG) Stock Analysis

Why this analysis is different

• A sector-relative MoonshotScore — five pillars (business quality, financial safety, valuation, growth durability, momentum) re-ranked nightly against the full universe of US-listed common stocks.
• An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
• Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.

Rogers Corporation (ROG) Technology Profile & Competitive Position

Rogers Corporation (ROG) is a global leader in engineered materials and components, serving diverse sectors such as electric vehicles, wireless infrastructure, and aerospace. With a focus on innovation and material science, Rogers provides specialized solutions through its AES, EMS, and Other segments, driving growth in high-reliability applications.

What Is the Investment Thesis for ROG?

Rogers Corporation presents a notable research candidate driven by its strategic positioning in high-growth sectors like electric vehicles and wireless infrastructure. The company's focus on engineered materials provides a competitive edge, with specialized solutions that cater to demanding applications. While Rogers currently exhibits a negative profit margin of -6.9%, its gross margin of 31.6% indicates underlying profitability potential as it scales its operations and optimizes costs. Key catalysts include the increasing demand for advanced materials in EV/HEV and 5G infrastructure. The company's beta of 0.35 suggests lower volatility compared to the broader market. However, investors should be aware of potential risks related to raw material price fluctuations and technological obsolescence. The company's market capitalization is $2.37B as of 2026-05-06.

Based on FMP financials and quantitative analysis

ROG Key Highlights

Rogers Corporation operates in the technology sector, specifically focusing on hardware, equipment, and parts.

• The company has a market capitalization of $2.37B, reflecting its significant presence in the engineered materials market.
• Rogers Corporation employs approximately 3,200 individuals, indicating a substantial operational scale.
• The company's gross margin stands at 31.6%, showcasing its ability to generate revenue efficiently from its products and services.
• Rogers Corporation has a beta of 0.35, suggesting lower volatility compared to the broader market.

Who Are ROG's Competitors?

ROG is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.

What Are ROG's Key Strengths?

Strong market position in engineered materials.

• Diverse product portfolio serving multiple industries.
• Established relationships with key customers.
• Focus on innovation and technology development.

What Are ROG's Weaknesses?

Negative profit margin.

• Dependence on cyclical industries.
• Exposure to raw material price fluctuations.
• Limited geographic diversification.

What Could Drive ROG Stock Higher?

Increasing demand for Rogers' materials in electric vehicle (EV) battery systems and charging infrastructure.

• Expansion of 5G network infrastructure, driving demand for Rogers' high-frequency circuit materials.
• Potential new product launches in the aerospace and defense sector in Q3 2026.
• Growth in the connected devices market, increasing demand for Rogers' materials in IoT applications.

What Are the Key Risks for ROG?

Negative return on equity (-4.7%) — the business is not currently generating profit on shareholder capital.

• Rich valuation — a P/E of 76.69 runs well above the Technology sector’s ~32.70x, leaving little room for a miss.
• Insider selling — insiders were net sellers of roughly $1.7M recently.
• Fluctuations in raw material prices, impacting Rogers' cost of goods sold.
• Technological obsolescence, requiring continuous investment in research and development.
• Economic downturns affecting key industries, such as automotive and aerospace.
• Intense competition from established players in the engineered materials market.

What Are the Growth Opportunities for ROG?

• Electric Vehicle (EV) Market: The increasing adoption of electric vehicles presents a significant growth opportunity for Rogers Corporation. Its Advanced Electronics Solutions (AES) segment provides critical materials for EV/HEV applications, including circuit materials and cooling solutions. Rogers can capitalize on this trend by expanding its product offerings and strengthening its relationships with EV manufacturers.
• 5G Wireless Infrastructure: The rollout of 5G wireless infrastructure is driving demand for advanced materials and components. Rogers' AES segment offers circuit materials and ceramic substrate materials for wireless infrastructure applications. The 5G infrastructure market is expected to grow substantially over the next decade, fueled by the need for faster and more reliable wireless connectivity. Rogers can leverage its expertise in high-frequency materials to capture a larger share of this market.
• Aerospace and Defense: The aerospace and defense industry requires high-performance materials for various applications, including radar systems, communication equipment, and avionics. Rogers' AES segment provides specialized materials for these applications. The global aerospace and defense market is projected to grow steadily, driven by increasing defense spending and the demand for advanced aircraft and systems. Rogers can benefit from this trend by developing innovative materials that meet the stringent requirements of the aerospace and defense industry.
• Connected Devices: The proliferation of connected devices, including smartphones, tablets, and IoT devices, is driving demand for advanced materials and components. Rogers' AES segment offers circuit materials and other solutions for connected device applications. The connected device market is expected to continue growing rapidly, fueled by the increasing adoption of IoT technology and the demand for seamless connectivity. Rogers can capitalize on this trend by developing cost-effective and high-performance materials for connected devices.
• Clean Energy: The transition to clean energy sources, such as solar and wind power, is creating opportunities for Rogers Corporation. Its AES segment provides materials for clean energy applications, including solar panels and wind turbines. The clean energy market is projected to grow significantly, driven by government policies and increasing environmental concerns. Rogers can benefit from this trend by developing innovative materials that improve the efficiency and reliability of clean energy systems.

What Are ROG's Competitive Advantages?

• Specialized expertise in engineered materials.
• Long-standing relationships with key customers.
• Strong brand reputation for quality and reliability.
• Proprietary technology and intellectual property.

What Does ROG Do?

Founded in 1832 and headquartered in Chandler, Arizona, Rogers Corporation has evolved from its origins as a paper manufacturer to a global technology leader specializing in engineered materials and components. The company operates through three primary segments: Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other. The AES segment provides critical materials for electric and hybrid electric vehicles (EV/HEV), wireless infrastructure, automotive, telematics, aerospace and defense, mass transit, clean energy, connected devices, and wired infrastructure. These materials include circuit materials, ceramic substrate materials, busbars, and cooling solutions, sold under brand names like curamik, ROLINX, and RO4000. The EMS segment focuses on engineered material solutions for cushioning, gasketing, sealing, and vibration management, utilizing polyurethane and silicone materials. These products are sold under the PORON, BISCO, and DeWAL brands. The Other segment offers elastomer components for applications in the general industrial and automotive markets. Rogers Corporation's long history is marked by continuous innovation and adaptation to emerging market needs, positioning it as a key supplier in high-growth technology sectors.

What Products and Services Does ROG Offer?

• Designs and develops engineered materials.
• Manufactures components for various industries.
• Provides circuit materials for electric vehicles.
• Offers elastomeric material solutions for cushioning and sealing.
• Supplies materials for wireless infrastructure.
• Creates components for aerospace and defense applications.
• Develops solutions for clean energy applications.

How Does ROG Make Money?

• Develops and manufactures specialized engineered materials.
• Sells products to diverse industries, including automotive, aerospace, and telecommunications.
• Generates revenue through direct sales and distribution networks.

What Industry Does ROG Operate In?

Rogers Corporation operates within the hardware, equipment, and parts industry, a segment of the broader technology sector. This industry is characterized by rapid innovation, evolving customer needs, and intense competition. Market trends include the increasing demand for advanced materials in electric vehicles, wireless infrastructure, and aerospace applications. Rogers competes with companies like Benchmark Electronics, Inc. (BHE), focusing on specialized solutions and high-reliability applications. The industry is experiencing growth driven by technological advancements and increasing demand for connectivity and automation.

Who Are ROG's Key Customers?

• Electric vehicle manufacturers.
• Wireless infrastructure providers.
• Aerospace and defense companies.
• Manufacturers of connected devices.

Over the past six months, Rogers Corporation insiders filed 16 SEC Form 4 transactions — 6 sales and 10 purchases. On net that is roughly 25K shares acquired (about $1.7M) — insiders putting money in tends to read as conviction.

Rogers Corporation has beaten Wall Street's EPS estimate in 6 of its last 8 reported quarters — a consistent record of delivering on expectations. Reported results have landed about 10.4% above estimates on average.

Rogers Corporation's Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 7.98 places it in the safe zone, indicating low near-term bankruptcy risk.

Return on equity for Rogers Corporation stands at -4.7%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -3.9%, showing how much profit it generates from its asset base. Its free cash flow yield is 3.7%, a gauge of the cash the business throws off relative to its market value. A current ratio of 4.02 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -2.0%, the inverse of the P/E and a quick read on earnings relative to price.

Rogers Corporation (ROG) Valuation Context

Valued at $2.37B, ROG is classified as a mid-cap stock. Relative to its peer group, ROG's quantitative score of 71/100 is roughly in line with the peer average of 67/100.

ROG Revenue & Earnings Trend

In Q2 FY2026, ROG generated $216.8M in top-line revenue, marking a sequential increase of 8.1%. The company recorded net income of $13.6M, with diluted EPS of $0.74. Quarter-over-quarter revenue has been mixed, typical for a mid-cap company operating in Technology. Across the four most recent quarters, ROG averaged $0.43 in diluted EPS.

Company Profile

Rogers Corporation operates in the Hardware, Equipment & Parts industry within the Technology sector. It is headquartered in Chandler, US. The company is led by CEO Ali El-Haj. ROG has traded publicly since 1980.

ROG Financials

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ROG Analyst Consensus

ROG MoonshotScore

Common Questions About ROG (Technology)

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

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