Celanese Corporation (CE)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,960,000 | 2,029,000 | 1,269,000 | 1,483,000 | 1,894,000 | 1,651,000 | 1,966,000 | 2,070,000 | 1,890,000 | 2,819,000 | 2,520,000 | 2,089,000 | 1,985,000 | 575,000 | 631,000 | 733,000 | 852,000 | 908,000 | 1,046,000 | 1,181,000 |
| Revenue (ttm) | US$ in thousands | 10,254,000 | 10,108,000 | 9,713,000 | 9,534,000 | 9,350,000 | 9,417,000 | 9,523,000 | 9,245,000 | 8,517,000 | 7,793,000 | 6,925,000 | 5,920,000 | 5,580,000 | 5,485,000 | 5,659,000 | 6,054,000 | 6,284,000 | 6,548,000 | 6,732,000 | 6,984,000 |
| Net profit margin | 19.11% | 20.07% | 13.06% | 15.55% | 20.26% | 17.53% | 20.64% | 22.39% | 22.19% | 36.17% | 36.39% | 35.29% | 35.57% | 10.48% | 11.15% | 12.11% | 13.56% | 13.87% | 15.54% | 16.91% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,960,000K ÷ $10,254,000K
= 19.11%
The net profit margin of Celanese Corp has shown some fluctuations over the past eight quarters. In Q4 2023, the net profit margin was 17.92%, a decrease from the previous quarter's figure of 18.93%. This downward trend follows a similar pattern in Q3 2023, where the net profit margin decreased to 12.32% from 14.85% in Q2 2023.
Comparing the most recent figures to the same quarter in the previous year, there has been a decline in profitability as well. The net profit margin in Q4 2023 was 17.92%, down from 19.58% in Q4 2022.
While the net profit margin has shown some variability, it is essential to assess the company's overall financial health in conjunction with other financial metrics to gain a comprehensive understanding of Celanese Corp's performance.
Peer comparison
Dec 31, 2023