Celanese Corporation (CE)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 25.39% | 23.49% | 23.13% | 23.77% | 25.45% | 28.85% | 30.31% | 31.82% | 31.49% | 29.99% | 28.14% | 24.16% | 23.17% | 22.48% | 23.33% | 24.79% | 25.56% | 26.11% | 26.92% | 27.35% |
| Operating profit margin | 16.45% | 14.68% | 9.78% | 11.52% | 14.74% | 19.53% | 21.71% | 23.27% | 22.85% | 20.94% | 18.48% | 13.45% | 11.90% | 9.64% | 10.69% | 11.69% | 13.27% | 15.65% | 16.92% | 18.77% |
| Pretax margin | 11.41% | 9.64% | 5.94% | 9.51% | 15.03% | 21.55% | 24.35% | 26.25% | 26.07% | 41.56% | 41.42% | 39.80% | 40.00% | 12.80% | 13.80% | 14.47% | 15.53% | 16.97% | 18.57% | 20.82% |
| 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% |
Celanese Corp's profitability ratios exhibit fluctuations over the past eight quarters. The gross profit margin has shown a gradual decline from 24.60% in Q4 2022 to 23.79% in Q4 2023. This trend suggests slightly lower profitability in managing production costs.
Similarly, the operating profit margin has decreased from 14.29% in Q4 2022 to 11.13% in Q4 2023, indicating challenges in controlling operating expenses. The pretax margin has also shown a downward trajectory, dropping from 14.69% in Q4 2022 to 10.81% in Q4 2023, reflecting lower profitability before accounting for taxes.
On the other hand, the net profit margin has fluctuated inconsistently, with peaks and troughs across the quarters. Although it increased slightly from 17.20% in Q1 2022 to 17.92% in Q4 2023, there have been variations in profitability efficiency. Overall, Celanese Corp's profitability has shown some volatility, suggesting the need for ongoing monitoring and potential strategic adjustments for enhanced financial performance.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.34% | 5.81% | 3.70% | 4.21% | 5.25% | 8.62% | 16.26% | 17.31% | 16.25% | 14.09% | 11.41% | 7.40% | 6.09% | 5.42% | 6.36% | 7.42% | 8.80% | 10.89% | 11.98% | 13.69% |
| Return on assets (ROA) | 7.37% | 7.95% | 4.95% | 5.68% | 7.21% | 7.74% | 15.46% | 16.66% | 15.78% | 24.34% | 22.46% | 19.42% | 18.20% | 5.89% | 6.64% | 7.68% | 8.99% | 9.65% | 11.00% | 12.34% |
| Return on total capital | 9.11% | 8.97% | 6.82% | 7.66% | 9.52% | 14.02% | 30.93% | 32.67% | 31.38% | 43.63% | 42.72% | 36.87% | 34.67% | 14.39% | 16.27% | 17.02% | 18.44% | 20.11% | 21.72% | 26.37% |
| Return on equity (ROE) | 27.64% | 31.26% | 22.56% | 26.20% | 33.60% | 33.35% | 40.29% | 44.93% | 45.12% | 71.93% | 66.35% | 58.98% | 56.30% | 22.93% | 25.37% | 29.94% | 33.98% | 33.05% | 36.52% | 38.76% |
Based on the provided data on Celanese Corp's profitability ratios, the company's performance has shown some variability over the quarters.
1. Operating return on assets (Operating ROA) has fluctuated between 3.77% and 8.69% over the past eight quarters, with a recent increase to 4.58% in Q4 2023. This ratio indicates that Celanese Corp's operating income generated from its assets has been 4.58% in the most recent quarter.
2. Return on assets (ROA) has shown a similar trend, ranging from 4.95% to 7.95%. The most recent quarter, Q4 2023, saw a ROA of 7.37%, reflecting the company's ability to generate profits from its total assets.
3. Return on total capital has also varied between 5.34% and 27.04% over the quarters. In Q4 2023, this ratio stood at 6.35%, showing the return Celanese Corp earned on its total capital employed.
4. Return on equity (ROE) has demonstrated fluctuations from 22.56% to 44.93% over the given quarters. The most recent quarter, Q4 2023, witnessed a ROE of 27.64%, depicting the return generated for shareholders based on their investment in the company.
In general, it is advisable to closely monitor the trend of these profitability ratios over time to assess Celanese Corp's operational efficiency, asset utilization, capital management, and shareholder value creation. The recent performance indicates potential opportunities for improvement in certain areas to enhance overall profitability.