Celanese Corporation (CE)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 2,286,000 | 2,360,000 | 2,411,000 | 2,488,000 | 2,603,000 | 2,374,000 | 2,247,000 | 2,266,000 | 2,380,000 | 2,717,000 | 2,886,000 | 2,942,000 | 2,682,000 | 2,337,000 | 1,949,000 | 1,430,000 | 1,293,000 | 1,233,000 | 1,320,000 | 1,501,000 |
| Revenue (ttm) | US$ in thousands | 10,280,000 | 10,479,000 | 10,554,000 | 10,698,000 | 10,940,000 | 10,719,000 | 10,297,000 | 9,988,000 | 9,673,000 | 9,600,000 | 9,565,000 | 9,277,000 | 8,537,000 | 7,853,000 | 6,998,000 | 5,993,000 | 5,655,000 | 5,496,000 | 5,671,000 | 6,070,000 |
| Gross profit margin | 22.24% | 22.52% | 22.84% | 23.26% | 23.79% | 22.15% | 21.82% | 22.69% | 24.60% | 28.30% | 30.17% | 31.71% | 31.42% | 29.76% | 27.85% | 23.86% | 22.86% | 22.43% | 23.28% | 24.73% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,286,000K ÷ $10,280,000K
= 22.24%
The gross profit margin of Celanese Corporation has shown some fluctuations over the period from March 31, 2020, to December 31, 2024. Starting at 24.73% in March 2020, the margin gradually declined to 22.43% by September 2020 before rebounding to 31.42% in December of the same year.
Subsequently, there were further fluctuations, with the margin peaking at 31.71% in March 2022, before gradually declining to 22.24% by December 2024. Overall, the company experienced periods of improvement and decline in its gross profit margin, indicating changing cost structures and pricing strategies that impacted profitability. It highlights the importance of closely monitoring and managing costs and pricing strategies to maintain and enhance profitability over time.
Peer comparison
Dec 31, 2024