Celanese Corporation (CE)
Return on total capital
| 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 interest and tax (EBIT) (ttm) | US$ in thousands | -320,000 | 1,344,000 | 1,889,000 | 1,928,000 | 1,903,000 | 1,692,000 | 1,270,000 | 1,476,000 | 1,826,000 | 2,191,000 | 2,367,000 | 2,449,000 | 2,232,000 | 3,366,000 | 2,984,000 | 2,474,000 | 2,360,000 | 832,000 | 913,000 | 1,011,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Return on total capital | -6.18% | 18.48% | 26.36% | 27.27% | 26.84% | 26.07% | 22.58% | 26.07% | 32.39% | 44.26% | 48.50% | 53.16% | 53.28% | 85.89% | 78.57% | 69.85% | 66.93% | 33.17% | 36.71% | 41.30% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $-320,000K ÷ ($—K + $5,175,000K)
= -6.18%
The return on total capital for Celanese Corporation has shown fluctuations over the periods analyzed. From the data provided, we observe a consistent downward trend in the return on total capital starting from a high of 85.89% in September 2021 to a low of -6.18% in December 2024. Despite experiencing some variability, the return on total capital remained positive until the last period examined. The company experienced a significant decline in its return on total capital in the second half of 2022 and into 2023 before stabilizing around 26-27% in the following periods. Overall, the return on total capital for Celanese Corporation exhibits variability but seems to have stabilized in the later periods after the significant decline in mid-2022.
Peer comparison
Dec 31, 2024