Celanese Corporation (CE)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -1,522,000 | 1,090,000 | 1,925,000 | 1,990,000 | 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 |
| Total stockholders’ equity | US$ in thousands | 5,175,000 | 7,274,000 | 7,166,000 | 7,071,000 | 7,091,000 | 6,491,000 | 5,624,000 | 5,661,000 | 5,637,000 | 4,950,000 | 4,880,000 | 4,607,000 | 4,189,000 | 3,919,000 | 3,798,000 | 3,542,000 | 3,526,000 | 2,508,000 | 2,487,000 | 2,448,000 |
| ROE | -29.41% | 14.98% | 26.86% | 28.14% | 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-1,522,000K ÷ $5,175,000K
= -29.41%
The return on equity (ROE) of Celanese Corporation has shown fluctuations over the past few years. It started at a strong level of 29.94% in March 2020 and peaked at 71.93% in September 2021. This indicates that the company was efficiently utilizing its shareholders' equity to generate profits during this period.
However, ROE began to decline in the subsequent quarters, dropping to 14.98% by September 2024. The sharp decrease in ROE to -29.41% by December 2024 is concerning, suggesting that the company may have experienced a loss exceeding its equity during that period.
Overall, the trend in ROE for Celanese Corporation shows both periods of strong profitability and some challenges in maintaining consistent returns for shareholders. It would be important to further investigate the factors contributing to these fluctuations in order to assess the company's financial performance and sustainability.
Peer comparison
Dec 31, 2024