Celanese Corporation (CE)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -1,522,000 | 1,960,000 | 1,894,000 | 1,890,000 | 1,985,000 |
| Revenue | US$ in thousands | 10,280,000 | 10,940,000 | 9,673,000 | 8,537,000 | 5,655,000 |
| Net profit margin | -14.81% | 17.92% | 19.58% | 22.14% | 35.10% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-1,522,000K ÷ $10,280,000K
= -14.81%
Based on the provided data, Celanese Corporation's net profit margin has shown a declining trend from 35.10% on December 31, 2020, to 22.14% on December 31, 2021, further declining to 19.58% on December 31, 2022, and 17.92% on December 31, 2023. However, there was a significant drop in the net profit margin to -14.81% on December 31, 2024, indicating a loss for that year.
The decreasing trend in the net profit margin over the years raises concerns regarding the company's profitability and efficiency in generating profits from its operations. The negative net profit margin in 2024 suggests that Celanese Corporation faced challenges or incurred significant expenses that outweighed its revenue during that period.
It is crucial for the company to closely monitor and address the factors contributing to the declining and negative net profit margins to improve its financial performance and ensure sustainable profitability in the future.
Peer comparison
Dec 31, 2024