CALIFORNIA AND NEW JERSEY LOCALES TOP COUNTIES FACING GREATEST HOUSING MARKET HEADWINDS
IRVINE, Calif., June 12, 2025 /PRNewswire/ -- ATTOM, a leading curator of land, property data, and real estate analytics, today released its latest Special Housing Risk Report spotlighting county-level housing markets around the United States that are more or less vulnerable to declines, based on home affordability, equity and other measures in the first quarter of 2025. The report shows that California and New Jersey had high concentrations of counties considered most at-risk.
The data shows that 23 of the 50 most at-risk markets were in California (14) and New Jersey (9). Risk was determined by affordability, proportion of seriously underwater mortgages, foreclosures, and unemployment rates.
In a sign of the robust post-pandemic housing market, the number of foreclosures and proportion of homes with seriously underwater mortgages—meaning the combined estimated balance of loans secured by the property was at least 25 percent more than the property's estimated market value—remained low throughout much of the country during the first quarter of the year. But that stability, combined with several years of aggressive buying, has contributed to escalating prices that make it increasingly hard to purchase a new home in some markets.
In 109 of the counties ATTOM analyzed, a typical resident would have to spend more than half of their annual income to cover the down payment, mortgage, and other initial expenses for a median-priced home.
"This report highlights a number of market forces that anyone with an interest in their local housing market should keep an eye on," said Rob Barber, CEO at ATTOM. "Affordability is an obvious concern, but as the data shows, there's a complex interplay between price, wages, mortgage health, and foreclosure rates that can give even greater insight into where property values are likely to go in the future."
"There's no unequivocal metric that can tell you where it's safe to buy and where it's risky," he added. "But taken together these data points show how different parts of the country are performing."
Counties were considered more or less at risk based on the percentage of homes facing possible foreclosure, the portion with seriously underwater mortgages, the percentage of average local wages required to pay for major home ownership expenses on median-priced single-family homes, and local unemployment rates.
The conclusions were drawn from an analysis of the most recent home affordability, equity and foreclosure reports prepared by ATTOM. Unemployment rates came from federal government data. Rankings were based on a combination of those four categories in 572 counties around the United States with sufficient data to analyze in the first quarter of 2025. Counties were ranked in each category, from lowest to highest, with the overall conclusion based on a combination of the four ranks. See below for the full methodology.
As the summer buying season kicks into full gear amid uncertainty about how tariffs and federal legislation will affect the broader economy, ATTOM's analysis provides a touchstone for potential homebuyers and real estate investors seeking to understand the health of their local market.
California had 14 of top 50 riskiest countiesThe three most at-risk counties in ATTOM's analysis—Butte, Humboldt, and Shasta counties—cover regions of Northern California that, in addition to contending with challenging market forces, have been ravaged by wildfires in recent years. Rounding out the top five most at-risk counties were New Jersey's Atlantic and Cumberland counties along the state's southern coast.
In previous years, counties surrounding New York City, NY have scored among the riskiest in the nation. But that wasn't the case in the first quarter of 2025. No New York counties landed among the 50 riskiest markets, and although nine New Jersey counties did, they were largely in the central and southern part of the state.
Poor affordability and mortgage health characterize riskiest marketsNationwide, the typical purchaser had to spend just under a third of their annual wage (32.5 percent) to afford down payment, mortgage, and other expenses for a median-priced home in the first quarter of 2025. But that affordability measure varied widely by region. Housing expenses as a share of income exceeded the national rate in 59.3 percent (339) of the 572 counties in ATTOM's analysis.
In Kings County, NY, initial expenses for a median-priced home consumed 109.5 percent of a typical resident's annual salary. That was followed by Maui County, HI (101.5 percent or the region's typical annual salary); San Luis Obispo County, CA (100.1 percent of a typical salary); Orange County, CA (97.8 percent of a typical salary); and Marin County, CA (97.5 percent of a typical salary).
Across the country, 2.8 percent of properties had mortgages considered seriously underwater but 37.8 percent (216) of the 572 counties we examined exceeded that rate and a handful of Louisiana parishes posted double-digit rates of seriously underwater homes.
Calcasieu Parish, LA had the highest rate of seriously underwater properties (14 percent), followed by East Baton Rouge Parish, LA (13.7 percent); Caddo Parish (13.4 percent); Rapides Parish, LA (13.1 percent); and Ouachita Parish, LA (12.8 percent).
More than one of every 1,000 properties faced a foreclosure action in the first quarter of 2025 in 19.2 percent (110) of the 572 counties. Nationwide, one in every 1,515 homes faced foreclosure. The counties with the worst foreclosure rates were Dorchester County, SC (one in every 434 homes); Johnson County, TX (one in every 463 homes); Highlands County, FL (one in every 472 homes); Cumberland County, NJ (one in every 473 homes); and Kaufman County, TX (one in every 517 homes).
The national unemployment rate in March 2025 was 4.3 percent, but once again there was significant regional variation. About a third of the 572 counties had higher unemployment rates, led by Imperial County, CA (16.6 percent unemployment); Tulare County, CA (11.4 percent); Merced County, CA (11.3 percent); Yuma County, AZ (11.1 percent); and Kings County, CA (10 percent).
South leads the way with least risky countiesMore than half (27) of the 50 least at-risk counties in the analysis were located in Southern states, followed by 12 from Midwestern states and seven from states in the Northeast. Tennessee led the way with nine counties: Sullivan, Hamilton, Washington, Blount, Sumner, Davidson, Wilson, Knox, and Rutherford.
Virginia posted seven counties among the 50 most favorable: Henrico, Prince William, Alexandria City, Arlington, Virginia Beach City, Loudoun, and Fairfax. And Wisconsin had four: Outagamie, Winnebago, Brown, and La Crosse.
In addition to Fairfax County, VA, which is in the Washington, D.C. suburbs, several other major metro areas also scored in the top 50. They included Honolulu County, HI; Hennepin County, MN (which encapsulates Minneapolis and St. Paul); and Wake County, NC (which covers Raleigh).
Foreclosure and unemployment rates strong indicators of county housing market strengthThe counties that scored in the top 50 least risky tended to be more affordable for prospective buyers than those at the other end of the spectrum, but not by a large margin. A typical resident had to spend less than a third of their annual income to purchase and pay for a new home in 38 percent (19) of the top 50 counties compared to 30 percent (15) of the 50 most risky counties.
Among the 50 most favorable counties, the ones with the lowest portion of wages required for home ownership were Madison County, AL (21.4 percent); Sullivan County, TN (21.6 percent); Morgan County, AL (23.3 percent); Midland County, TX (25.6 percent); and Durham County, NC (26.4 percent).
Of those top 50 least at risk counties, 44 counties were beating the national rate of 2.8 percent of homes with seriously underwater mortgages. The top counties with the lowest rate of seriously underwater homes were Loudoun County, VA (0.5 percent); Prince William County, VA (0.7 percent); Fairfax County, VA (0.9 percent); Maui County, HI (0.9 percent); and Saratoga County, NY (1 percent).
Only one of the 50 least risky counties had a foreclosure filing rate greater than the national average of one in every 1,515 homes (in Shelby County, AL, one in every 1,465 homes faced possible foreclosure in the first quarter of 2025). Among the top 50 counties, the best foreclosure rates were in Arlington County, VA (one in every 17,249 homes); Gallatin County, MT (one in every 11,118 homes); Medina County, OH (one in every 10,815 homes); La Crosse County, WI (one in every 7,605 homes); and Berkeley County, WV (one in every 7,502 homes).
Across the board, the 50 least risky counties had unemployment rates below the national rate of 4.3 percent. The best rates were in Minnehaha County, SD (1.9 percent); Gallatin County, MT (2.2 percent); Honolulu County, HI (2.3 percent); Rutherford County, TN (2.6 percent); and Hamilton County, IN (2.6 percent).
Report methodologyThe ATTOM Special Market Impact Report is based on ATTOM's first quarter 2025 foreclosure activity, home affordability and underwater property reports, plus March 2025 unemployment figures from the U.S. Bureau of Labor Statistics. (Press releases for affordability, foreclosure and underwater-property reports show the methodology for each.) Counties with sufficient data to analyze were ranked based on the first-quarter percentage of properties with a foreclosure filing, the percentage of average local wages needed to afford the major expenses of owning a median-priced home and the percentage of properties with outstanding mortgage balances that exceeded 125 percent of their estimated market values, along with March 2025 county-level unemployment rates. Ranks then were added up to develop a composite ranking across all four categories. Equal weight was given to each category. Counties with the lowest composite rank were considered most vulnerable to housing market problems. Those with the highest composite rank were considered least vulnerable.
About ATTOMATTOM powers innovation across industries with premium property data and analytics covering 158 million U.S. properties—99% of the population. Our multi-sourced real estate data includes property tax, deed, mortgage, foreclosure, environmental risk, natural hazard, neighborhood and geospatial boundary information, all validated through a rigorous 20-step process and linked by a unique ATTOM ID.
From flexible delivery solutions—such as Property Data APIs, Bulk File Licenses, ATTOM Cloud, Real Estate Market Trends—to AI-Ready datasets, ATTOM fuels smarter decision-making across industries including real estate, mortgage, insurance, government, and more.
Media Contact:Megan Huntmegan.hunt@attomdata.com
Data and Report Licensing:datareports@attomdata.com
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While the uncertainty related to trade and tariff policies make forecasting difficult in the near term, the Company remains confident that the continuing successful execution of its plans and strategies will drive increasing profit margins and returns on invested capital over time as markets stabilize. Based on our actual results in the first half of the year and our expectations that continuing operational excellence will offset the impact of potential lower light vehicle production volumes in the second half, the Company has adjusted its full year guidance as follows:Initial 2025 Guidance1 Current 2025 Guidance1 Sales $2.7 - $2.8 billion $2.7 - $2.8 billion Adjusted EBITDA2 $200 - $235 million $220 - $250 million Capital Expenditures $45 - $55 million $45 - $55 million Cash Restructuring $20 - $25 million $20 - $25 million Net Cash Interest $105 - $115 million $105 - $115 million Net Cash Taxes $30 - $35 million $25 - $30 million Key Light Vehicle Productions Assumptions(Units) North America 15.1 million 14.9 million Europe 16.6 million 16.7 million Greater China 30.2 million 31.2 million South America 3.1 million 3.2 million 1 Guidance is representative of management's estimates and expectations as of the date it is published. Initial guidance was first presented in our earnings press release published on February 13, 2025. Current guidance as presented in this press release considers July 2025 S&P Global production forecasts for relevant light vehicle platforms and models, customers' planned production schedules and other internal assumptions. 2 Adjusted EBITDA is a non-GAAP financial measure. The Company has not provided a reconciliation of projected adjusted EBITDA to projected net income (loss) because full-year net income (loss) will include special items that have not yet occurred and are difficult to predict with reasonable certainty prior to year-end. Due to this uncertainty, the Company cannot reconcile projected adjusted EBITDA to U.S. GAAP net income (loss) without unreasonable effort. Conference Call Details Cooper Standard management will host a conference call and webcast on August 1, 2025 at 9 a.m. ET to discuss its second quarter 2025 results, provide a general business update and respond to investor questions. Investors and other interested parties may listen to the call by accessing the online, real-time webcast at To participate by phone, callers in the United States and Canada can dial toll-free at 800-836-8184 (international callers dial 646-357-8785) and ask to be connected to the Cooper Standard conference call. Representatives of the investment community will have the opportunity to ask questions during Q&A. Participants should dial-in at least five minutes prior to the start of the call. A replay of the webcast will be available on the investors' portion of the Cooper Standard website ( shortly after the live event. About Cooper Standard Cooper Standard, headquartered in Northville, Mich., with locations in 20 countries, is a leading global supplier of sealing and fluid handling systems and components. Utilizing our materials science and manufacturing expertise, we create innovative and sustainable engineered solutions for diverse transportation and industrial markets. Cooper Standard's approximately 22,000 team members (including contingent workers) are at the heart of our success, continuously improving our business and surrounding communities. Learn more at or follow us on LinkedIn, X, Facebook, Instagram or YouTube. Forward Looking Statements This press release includes "forward-looking statements" within the meaning of U.S. federal securities laws, and we intend that such forward-looking statements be subject to the safe harbor created thereby. Our use of words "estimate," "expect," "anticipate," "project," "plan," "intend," "believe," "outlook," "guidance," "forecast," or future or conditional verbs, such as "will," "should," "could," "would," or "may," and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon our current expectations and various assumptions. Our expectations, beliefs, and projections are expressed in good faith and we believe there is a reasonable basis for them. However, we cannot assure you that these expectations, beliefs and projections will be achieved. Forward-looking statements are not guarantees of future performance and are subject to significant risks and uncertainties that may cause actual results or achievements to be materially different from the future results or achievements expressed or implied by the forward-looking statements. Among other items, such factors may include: volatility or decline of the Company's stock price, or absence of stock price appreciation; impacts and disruptions related to the wars in Ukraine and the Middle East; our ability to achieve commercial recoveries and to offset the adverse impact of higher commodity and other costs through pricing and other negotiations with our customers; work stoppages or other labor disruptions with our employees or our customers' employees; prolonged or material contractions in automotive sales and production volumes; our inability to realize sales represented by awarded business; escalating pricing pressures; loss of large customers or significant platforms; our ability to successfully compete in the automotive parts industry; availability and increasing volatility in costs of manufactured components and raw materials; disruption in our supply base; competitive threats and commercial risks associated with our diversification strategy; possible variability of our working capital requirements; risks associated with our international operations, including changes in laws, regulations, and policies governing the terms of foreign trade such as increased trade restrictions and tariffs; foreign currency exchange rate fluctuations; our ability to control the operations of our joint ventures for our sole benefit; our substantial amount of indebtedness and rates of interest; our ability to obtain adequate financing sources in the future; operating and financial restrictions imposed on us under our debt instruments; the underfunding of our pension plans; significant changes in discount rates and the actual return on pension assets; effectiveness of continuous improvement programs and other cost savings plans; significant costs related to manufacturing facility closings or consolidation; our ability to execute new program launches; our ability to meet customers' needs for new and improved products; the possibility that our acquisitions and divestitures may not be successful; product liability, warranty and recall claims brought against us; laws and regulations, including environmental, health and safety laws and regulations; legal and regulatory proceedings, claims or investigations against us; the potential impact of any future public health events on our financial condition and results of operations; the ability of our intellectual property to withstand legal challenges; cyber-attacks, data privacy concerns, other disruptions in, or the inability to implement upgrades to, our information technology systems; the possible volatility of our annual effective tax rate; the possibility of a failure to maintain effective controls and procedures; the possibility of future impairment charges to our goodwill and long-lived assets; our ability to identify, attract, develop and retain a skilled, engaged and diverse workforce; our ability to procure insurance at reasonable rates; and our dependence on our subsidiaries for cash to satisfy our obligations.; and other risks and uncertainties, including those detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements. Our forward-looking statements speak only as of the date of this press release and we undertake no obligation to publicly update or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except where we are expressly required to do so by law. This press release also contains estimates and other information that is based on industry publications, surveys and forecasts. This information involves a number of assumptions and limitations, and we have not independently verified the accuracy or completeness of the information. Contact for Analysts: Contact for Media: Roger Hendriksen Chris Andrews Cooper Standard Cooper Standard (248) 596-6465 (248) 596-6217 candrews@ Financial statements and related notes follow: COOPER-STANDARD HOLDINGS INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (Dollar amounts in thousands except per share and share amounts) Three Months Ended June 30,Six Months Ended June 30,2025202420252024 Sales $ 705,973$ 708,362$ 1,373,042$ 1,384,787 Cost of products sold 612,922625,4221,202,8131,240,204 Gross profit 93,05182,940170,229144,583 Selling, administration & engineering expenses 51,21052,408102,401107,774 Amortization of intangibles 1,7101,6053,3223,266 Restructuring charges 2,85217,7814,96318,914 Operating income 37,27911,14659,54314,629 Interest expense, net of interest income (28,712)(28,635)(57,331)(57,916) Equity in earnings of affiliates 1,7081,3023,4843,572 Pension settlement charge —(46,787)—(46,787) Other (expense) income, net (3,667)(5,129)5,217(8,778) Income (loss) before income taxes 6,608(68,103)10,913(95,280) Income tax expense 8,0818,08010,78412,211 Net (loss) income (1,473)(76,183)129(107,491) Net loss (income) attributable to noncontrollinginterests 72(60)22(412) Net (loss) income attributable to Cooper-StandardHoldings Inc. $ (1,401)$ (76,243)$ 151$ (107,903) Weighted average shares outstanding:Basic 17,882,36117,564,01517,797,93317,513,076 Diluted 17,882,36117,564,01518,058,00817,513,076 (Loss) income per share:Basic $ (0.08)$ (4.34)$ 0.01$ (6.16) Diluted $ (0.08)$ (4.34)$ 0.01$ (6.16) COOPER-STANDARD HOLDINGS INC. CONDENSED CONSOLIDATED BALANCE SHEETS (Dollar amounts in thousands except share amounts)June 30, 2025December 31, 2024 (unaudited) AssetsCurrent assets:Cash and cash equivalents $ 121,620$ 170,035 Accounts receivable, net 371,256310,738 Tooling receivable, net 75,38769,204 Inventories 181,318142,401 Prepaid expenses 26,18625,833 Value added tax receivable 56,70145,120 Other current assets 52,92241,925 Total current assets 885,390805,256 Property, plant and equipment, net 534,247539,201 Operating lease right-of-use assets, net 87,04587,292 Goodwill 140,729140,443 Intangible assets, net 31,78333,805 Other assets 140,517127,068 Total assets $ 1,819,711$ 1,733,065 Liabilities and EquityCurrent liabilities:Debt payable within one year $ 41,789$ 42,428 Accounts payable 356,751295,178 Payroll liabilities 101,668103,701 Accrued interest 5,0975,115 Accrued liabilities 109,097111,502 Current operating lease liabilities 19,49218,859 Total current liabilities 633,894576,783 Long-term debt 1,059,4541,057,839 Pension benefits 100,12089,253 Postretirement benefits other than pensions 26,67426,336 Long-term operating lease liabilities 71,17771,907 Other liabilities 33,77444,317 Total liabilities 1,925,0931,866,435 Equity:Common stock, $0.001 par value, 190,000,000 shares authorized;19,699,222 shares issued and 17,633,413 shares outstanding as of June 30,2025, and 19,392,340 shares issued and 17,326,531 shares outstanding asof December 31, 2024 1717 Additional paid-in capital 519,562518,208 Retained deficit (470,411)(470,562) Accumulated other comprehensive loss (146,784)(173,432) Total Cooper-Standard Holdings Inc. equity (97,616)(125,769) Noncontrolling interests (7,766)(7,601) Total equity (105,382)(133,370) Total liabilities and equity $ 1,819,711$ 1,733,065 COOPER-STANDARD HOLDINGS INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (Dollar amounts in thousands) Six Months Ended June 30,20252024 Operating activities:Net income (loss) $ 129$ (107,491) Adjustments to reconcile net income (loss) to net cash used in operating activities: Depreciation 45,02749,070 Amortization of intangibles 3,3223,266 Pension settlement charge —46,787 Share-based compensation expense 5,4814,862 Equity in earnings of affiliates, net of dividends related to earnings (1,515)(1,995) Payment-in-kind interest —12,367 Deferred income taxes 2,496915 Other 2,4482,601 Changes in operating assets and liabilities (87,819)(36,594) Net cash used in operating activities (30,431)(26,212) Investing activities:Capital expenditures (25,315)(28,077) Proceeds from sale of businesses 2,558— Other —242 Net cash used in investing activities (22,757)(27,835) Financing activities:Principal payments on long-term debt (1,412)(1,255) Decrease in short-term debt, net (1,259)(264) Debt issuance costs and other fees —(1,403) Taxes withheld and paid on employees' share-based payment awards (1,686)(571) Net cash used in financing activities (4,357)(3,493) Effects of exchange rate changes on cash, cash equivalents and restricted cash 6,419(4,580) Changes in cash, cash equivalents and restricted cash (51,126)(62,120) Cash, cash equivalents and restricted cash at beginning of period 178,697163,061 Cash, cash equivalents and restricted cash at end of period $ 127,571$ 100,941 Reconciliation of cash, cash equivalents and restricted cash to the condensed consolidated balance sheets:Balance as ofJune 30, 2025December 31, 2024 Cash and cash equivalents $ 121,620$ 170,035 Restricted cash included in other current assets 3,8437,590 Restricted cash included in other assets 2,1081,072 Total cash, cash equivalents and restricted cash $ 127,571$ 178,697 Non-GAAP Financial Measures EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted net income (loss), adjusted earnings (loss) per share and free cash flow are measures not recognized under U.S. GAAP and which exclude certain non-cash and special items that may obscure trends and operating performance not indicative of the Company's core financial activities. Net new business is a measure not recognized under U.S. GAAP which is a representation of potential incremental future revenue but which may not fully reflect all external impacts to future revenue. Management considers EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted net income (loss), adjusted earnings (loss) per share, free cash flow and net new business to be key indicators of the Company's operating performance and believes that these and similar measures are widely used by investors, securities analysts and other interested parties in evaluating the Company's performance. In addition, similar measures are utilized in the calculation of the financial covenants and ratios contained in the Company's financing arrangements and management uses these measures for developing internal budgets and forecasting purposes. EBITDA is defined as net income (loss) adjusted to reflect income tax expense (benefit), interest expense net of interest income, depreciation and amortization, and adjusted EBITDA is defined as EBITDA further adjusted to reflect certain items that management does not consider to be reflective of the Company's core operating performance. Adjusted net income (loss) is defined as net income (loss) adjusted to reflect certain items that management does not consider to be reflective of the Company's core operating performance. Adjusted EBITDA margin is defined as adjusted EBITDA as a percentage of sales. Adjusted basic and diluted earnings (loss) per share is defined as adjusted net income (loss) divided by the weighted average number of basic and diluted shares, respectively, outstanding during the period. Free cash flow is defined as net cash provided by operating activities minus capital expenditures and is useful to both management and investors in evaluating the Company's ability to service and repay its debt. Net new business reflects anticipated sales from formally awarded programs, less lost business, discontinued programs and replacement programs and is based on S&P Global (IHS Markit) forecast production volumes. The calculation of "net new business" does not reflect customer price reductions on existing programs and may be impacted by various assumptions embedded in the respective calculation, including actual vehicle production levels on new programs, foreign exchange rates and the timing of major program launches. When analyzing the Company's operating performance, investors should use EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted net income (loss), adjusted earnings (loss) per share, free cash flow and net new business as supplements to, and not as alternatives for, net income (loss), operating income, or any other performance measure derived in accordance with U.S. GAAP, and not as an alternative to cash flow from operating activities as a measure of the Company's liquidity. EBITDA, adjusted EBITDA, adjusted net income (loss), adjusted earnings (loss) per share, free cash flow and net new business have limitations as analytical tools and should not be considered in isolation or as substitutes for analysis of the Company's results of operations as reported under U.S. GAAP. Other companies may report EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted net income (loss), adjusted earnings (loss) per share, free cash flow and net new business differently and therefore the Company's results may not be comparable to other similarly titled measures of other companies. In addition, in evaluating adjusted EBITDA and adjusted net income (loss), it should be noted that in the future the Company may incur expenses similar to or in excess of the adjustments in the below presentation. This presentation of adjusted EBITDA and adjusted net income (loss) should not be construed as an inference that the Company's future results will be unaffected by special items. Reconciliations of EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted net income (loss) and free cash flow follow. Reconciliation of Non-GAAP Financial Measures EBITDA and Adjusted EBITDA (Unaudited) (Dollar amounts in thousands)The following table provides a reconciliation of EBITDA and adjusted EBITDA from net (loss) income:Three Months Ended June 30,Six Months Ended June 30,2025202420252024 Net (loss) income attributable to Cooper-StandardHoldings Inc. $ (1,401)$ (76,243)$ 151$ (107,903) Income tax expense 8,0818,08010,78412,211 Interest expense, net of interest income 28,71228,63557,33157,916 Depreciation and amortization 24,52125,87348,34952,336 EBITDA $ 59,913$ (13,655)$ 116,615$ 14,560 Restructuring charges 2,85217,7814,96318,914 Gain on sale of businesses, net (1) ——(98)— Pension settlement charge (2) —46,787—46,787 Adjusted EBITDA $ 62,765$ 50,913$ 121,480$ 80,261 Sales $ 705,973$ 708,362$ 1,373,042$ 1,384,787 Net (loss) income margin (0.2) %(10.8) %— %(7.8) % Adjusted EBITDA margin 8.9 %7.2 %8.8 %5.8 % (1) Gain on sale of businesses related to divestiture in 2024. (2) One-time, non-cash pension settlement charge and administrative fees incurred related to the termination of our U.S. Pension Plan in 2024. Adjusted Net Income (Loss) and Adjusted Net Income (Loss) Per Share (Unaudited) (Dollar amounts in thousands except per share and share amounts)The following table provides a reconciliation of net (loss) income to adjusted net income (loss) and the respective (loss) income per share amounts:Three Months Ended June 30,Six Months Ended June 30,2025202420252024 Net (loss) income attributable to Cooper-StandardHoldings Inc. $ (1,401)$ (76,243)$ 151$ (107,903) Restructuring charges 2,85217,7814,96318,914 Gain on sale of businesses, net (1) ——(98)— Pension settlement charge (2) —46,787—46,787 Tax impact of adjusting items (3) (428)398(539)323 Adjusted net income (loss) $ 1,023$ (11,277)$ 4,477$ (41,879) Weighted average shares outstanding:Basic 17,882,36117,564,01517,797,93317,513,076 Diluted 17,882,36117,564,01518,058,00817,513,076 (Loss) income per share:Basic $ (0.08)$ (4.34)$ 0.01$ (6.16) Diluted $ (0.08)$ (4.34)$ 0.01$ (6.16) Adjusted income (loss) per share:Basic $ 0.06$ (0.64)$ 0.25$ (2.39) Diluted $ 0.06$ (0.64)$ 0.25$ (2.39) (1) Gain on sale of businesses related to divestiture in 2024. (2) One-time, non-cash pension settlement charge and administrative fees incurred related to the termination of our U.S. Pension Plan in 2024. (3) Represents the elimination of the income tax impact of the above adjustments by calculating the income tax impact of these adjusting items using the appropriate tax rate for the jurisdiction where the charges were incurred and other discrete tax expense. Free Cash Flow (Unaudited) (Dollar amounts in thousands)The following table defines free cash flow:Three Months Ended June 30,Six Months Ended June 30,2025202420252024 Net cash used in operating activities $ (15,580)$ (12,013)$ (30,431)$ (26,212) Capital expenditures (7,772)(11,243)(25,315)(28,077) Free cash flow $ (23,352)$ (23,256)$ (55,746)$ (54,289) View original content to download multimedia: SOURCE Cooper Standard
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Settle (& Win!) Wildfire Home Insurance Claims
TAMPA, Fla., July 31, 2025 /PRNewswire/ -- recently published a report about home insurance claims following wildfires. They uncovered that insurers deny 52% of wildfire claims. To help homeowners avoid a claim denial following wildfires, shared eight tips to help increase the insurance settlement success. How to Settle a Wildfire Home Insurance Claim These steps are general guidelines to help homeowners follow their insurance plan's claims process. Step #1 – File Quickly Shop Top Mortgage Rates A quicker path to financial freedom Your Path to Homeownership Personalized rates in minutes Homeowners are encouraged to file a claim quickly. Homeowners should keep a record of the names of representatives they talk to and the date of the conversations. Step #2 – Document Losses Pictures of damaged items can prove that the items listed exist and are damaged. Additional information, like the date of purchase and receipts, can further prove value. Step #3 – Keep Records Keeping a record of conversations, dates, names of who homeowners talk to, and what was discussed can help prove a case that the homeowner followed the correct steps. Step #4 – Secure Property To help prevent further damage, securing property can help homeowners minimize additional losses. For example, boarding up windows and doors can prevent properties from falling prey to looters. Step #5 – Submit Claims Claims forms will need to be used to inventory losses. Homeowners should include photographs of losses as well as receipts for costs related to securing the property and living expenses. Step #6 – Meet the Adjuster When an adjuster from the insurance company comes to survey the damage, homeowners should provide a tour and explain the losses. Hiring a public adjuster can help support a homeowner's case. Step #7 – Negotiation A settlement offer is not the final offer. Homeowners who do not believe the settlement offer is fair have recourse to negotiate. Melanie Musson, a home insurance expert with offers this advice: "A home is often a person's most valuable asset, and if an insurance settlement is not fair, hiring an attorney is often in the homeowners' best interest." Step #8 – Settlement The final step in a home insurance claim following wildfires is settling the claim. The homeowner must sign all necessary paperwork when an acceptable settlement is offered before the claim can be closed. Read entire report here: How to File an Insurance Claim After a Wildfire (8 Steps to Take) View original content to download multimedia: SOURCE Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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2U Launches Six New IBM Microcredentials for the AI and Data-Driven Workforce
New cohort-based programs offer live instruction, personalized support, and a flexible format to help learners build high-impact skills for today's evolving tech economy ARLINGTON, Va., July 31, 2025 /PRNewswire/ -- 2U, a global leader in education technology, today announced an expansion of its partnership with IBM to launch six new technical microcredentials on edX, 2U's global online learning platform. Designed for working professionals, the programs deliver a premium experience—blending live instruction, self-paced learning, and peer engagement with personalized support from instructors and advisors—while offering practical, job-aligned training in data science, artificial intelligence (AI), and software engineering. As AI transforms work across industries, demand for technical skills is evolving at an unprecedented speed. Recent research from PwC shows that skills in AI-affected roles are evolving 66% faster than average. To meet this challenge, these programs provide shorter, more flexible, and more affordable alternatives to traditional degrees, with greater support than typical self-paced courses. They're designed to balance flexibility with structure, helping learners develop high-impact, job-relevant skills that meet today's market demands. Enrollment is now open for the first three programs—Data Analyst, Data Science, and Applied AI Developer—with cohorts beginning in October 2025. The IBM Data Analyst Certificate (10 weeks) builds foundational analytical skills for professionals advancing in their current role or transitioning into data-focused careers. The IBM Data Science Certificate (10 weeks) encompasses the entire data science process, from data collection and statistical analysis to machine learning using Python and industry-standard tools, including hands-on projects and an exploration of ethics. The IBM Applied AI Developer Certificate (6 weeks) focuses on designing and deploying AI solutions with an emphasis on practical application, responsible innovation, and current trends in generative AI. Three additional programs—Software Engineer, Generative AI Engineer, and DevOps Engineer—will open for enrollment in the coming months. Each program is based on an IBM-developed curriculum and materials, led by subject matter experts in IBM products and technologies, and incorporates peer-to-peer learning and hands-on capstone projects. Programs require an average of 12 hours of work per week and cost between $1,900 and $2,500. Learners receive ongoing support from instructors and student success advisors and earn an official IBM certificate upon completion. "Thriving in today's rapidly changing tech landscape requires education that moves in step with industry demands and workforce evolution," said Andy Morgan, Chief Partnerships Officer at 2U. "Our expanded partnership with IBM allows us to deliver precisely targeted learning experiences that empower professionals with in-demand skills and help employers access the talent they need." IBM's expanded partnership with 2U builds on its longstanding history of innovation on the edX platform, including being the first corporate partner to offer MicroBachelors® programs. Leveraging decades of leadership in enterprise technology and AI, IBM continues to set the standard for industry-driven education. "The world is changing fast, and the way people build skills has to change with it," said Rav Ahuja, Global Program Leader and CCO, IBM Skills Network. "Our partnership with 2U reflects a broader commitment to reimagining how professionals learn, making it easier to gain meaningful, job-relevant skills that keep pace with innovation. This is about opening more doors, for more people, to participate in the future of work." Today's announcement reflects 2U's ongoing commitment to building strategic partnerships with leading companies and institutions to deliver workforce-relevant education. It also advances IBM's mission to close the global skills gap and prepare more professionals for the demands of an AI-powered economy. Together, 2U and IBM are delivering targeted, career-relevant education that helps professionals grow with confidence and purpose in an AI-powered world. About 2U 2U is a global leader in education technology. Guided by its founding mission to increase access to higher education, 2U has spent over 15 years advancing the technology and innovation to deliver world-class learning outcomes at scale. Through its global online learning platform edX, 2U connects more than 96 million people with thousands of affordable, career-aligned learning opportunities in partnership with more than 250 of the world's leading universities, institutions, and industry experts. From free courses to full degrees, 2U is creating a better future for all through the power of high-quality online education. Learn more at MicroBachelors is a registered trademark of Axim Collaborative, Inc. All rights reserved. Media Contact media@ View original content to download multimedia: SOURCE 2U
