CENYSEPlastic Material, Synth Resin/Rubber, Cellulos (No Glass)Fiscal year ends December 31
Celanese Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$47.88+0.39 (+0.82%)
Close on Oct 19, 2026
- Market cap
- $5.28B
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
20.5%−2.4 pts over 5 years
Operating margin
-8.2%−20.0 pts over 5 years
Net margin
-12.2%−47.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -7.1% | -0.4% | +11.0% | +5.3% | |
| Gross profit | -16.4% | -6.4% | +8.6% | +4.0% | |
| Free cash flow | +51.2% | -14.3% | -3.9% | +2.5% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 36.2% | 65.8% | -25.4% | |
| Return on assets | 10.6% | 19.5% | -5.2% | |
| Current ratio | 2.30 | 1.91 | 1.55 | |
| Debt to equity | 1.16 | 1.06 | 3.11 | |
| Net debt to EBITDA | 1.94× | 2.73× | -435.96× | |
| Interest coverage | 7.8× | 6.1× | -1.1× | |
| Inventory turnover | 5.7× | 4.3× | 3.4× | |
| Capex to revenue | 4.6% | 6.4% | 3.6% | |
| Diluted shares | 146M | 118M | 110M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Celanese generated $7.59B from operations and spent $4.60B on capital expenditure, dividends and share buybacks. 51% of that went back into the business.
Generated
$7.59B
Used
$4.60B
Capital expenditure$2.36B51%Dividends$1.23B27%Share buybacks$1.02B22%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-12.2%
×Asset turnover0.43×
×Equity multiplier4.85×
=Return on equity, FY2025-25.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -12.2% | 0.43× | 4.85× | -25.4% |
| FY2024 | -15.0% | 0.42× | 4.05× | -25.3% |
| FY2023 | 17.8% | 0.41× | 4.16× | 30.6% |
| FY2022 | 19.6% | 0.51× | 3.89× | 38.6% |
| FY2021 | 22.1% | 0.75× | 2.97× | 49.0% |
| FY2020 | 35.1% | 0.55× | 3.38× | 65.8% |
| FY2019 | 13.5% | 0.67× | 3.42× | 31.0% |
| FY2018 | 16.9% | 0.76× | 3.21× | 41.1% |
| FY2017 | 13.7% | 0.69× | 3.27× | 30.8% |
| FY2016 | 16.7% | 0.64× | 3.41× | 36.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$1.17B
- Cash generatingOperating cash flow above zero$1.15B
- Return on assets improvedROA up on the prior year-5.8% → -5.1%
- Earnings backed by cashOperating cash flow above net income$1.15B vs -$1.17B
- Less leverageLong-term debt to assets fell48.5% → 52.5%
- Better liquidityCurrent ratio rose1.32 → 1.55
- No dilutionShare count did not rise109M → 110M
- Gross margin improvedGross margin up on the prior year22.75% → 20.45%
- More efficientAsset turnover rose0.39 → 0.42