Celanese Corporation (CE)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -996,000 | 1,183,000 | 1,421,000 | 2,248,000 | 2,251,000 |
| Revenue | US$ in thousands | 10,280,000 | 10,940,000 | 9,673,000 | 8,537,000 | 5,655,000 |
| Pretax margin | -9.69% | 10.81% | 14.69% | 26.33% | 39.81% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-996,000K ÷ $10,280,000K
= -9.69%
The pretax margin of Celanese Corporation has shown a declining trend over the years. Starting at a strong level of 39.81% on December 31, 2020, it decreased to 26.33% by December 31, 2021, and continued its downward trajectory to 14.69% by December 31, 2022. The trend worsened further as the pretax margin fell to 10.81% by December 31, 2023. However, by December 31, 2024, the pretax margin turned negative at -9.69%, indicating the company's pre-tax profitability has deteriorated significantly, possibly due to increased expenses or declining revenues. This trend suggests potential challenges that Celanese Corporation may need to address in order to improve its financial performance.
Peer comparison
Dec 31, 2024