Celanese Corporation (CE)

Pretax 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands -996,000 655,000 1,186,000 1,219,000 1,183,000 981,000 588,000 926,000 1,421,000 2,048,000 2,349,000 2,455,000 2,248,000 3,262,000 2,881,000 2,368,000 2,251,000 721,000 803,000 895,000
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
Pretax margin -9.69% 6.25% 11.24% 11.39% 10.81% 9.15% 5.71% 9.27% 14.69% 21.33% 24.56% 26.46% 26.33% 41.54% 41.17% 39.51% 39.81% 13.12% 14.16% 14.74%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-996,000K ÷ $10,280,000K
= -9.69%

The pretax margin of Celanese Corporation has shown fluctuations over the reported periods. It started at 14.74% as of March 31, 2020, and generally maintained levels above 10% until June 30, 2023. There was a significant increase in profitability from December 31, 2020, reaching a peak of 41.54% on September 30, 2021. Subsequently, the pretax margin decreased gradually, dropping to 6.25% by September 30, 2024. However, the pretax margin saw a significant decline of -9.69% by the end of December 31, 2024, reflecting challenges in maintaining profitability. The trend indicates the company faced fluctuations in its ability to generate profits before taxes during the analyzed period.


Peer comparison

Dec 31, 2024

Company name
Symbol
Pretax margin
Celanese Corporation
CE
-9.69%
Sealed Air Corporation
SEE
8.50%