Celanese Corporation (CE) Key Metrics
CE valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $5.21B
- Enterprise value
- $16.35B
- P/E (TTM)
- — 10-yr median 10.0
- Forward P/E
- 7.2
- PEG ratio
- 4.42
- Price / sales
- 0.5 10-yr median 1.9
- Price / book
- 1.3 10-yr median 4.2
- EV / EBITDA
- 35.6 10-yr median 11.0
- Dividend yield
- 0.25% $0.12 a year
- Beta
- 0.76
CE key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsCE valuation Price multiples at each fiscal year-end price.
Price / sales−34.1%
0.5
2025 · hover or tap a bar for each year
20162025
Price / book−15.2%
1.1
2025 · hover or tap a bar for each year
20162025
EV / EBITDA+25.2%
48.7
2025 · hover or tap a bar for each year
20162025
Price / free cash flow−59.5%
5.8
2025 · hover or tap a bar for each year
20162025
Free cash flow yield+10.3 pts
17.3%
2025 · hover or tap a bar for each year
20162025
CE returns How much profit the business earns on the capital it uses.
Return on equity−0.2 pts
−24.1%
2025 · hover or tap a bar for each year
20162025
Return on invested capital+6.6 pts
3.6%
2025 · hover or tap a bar for each year
20162025
Return on assets+0.9 pts
−5.2%
2025 · hover or tap a bar for each year
20162025
Free cash flow margin+3.2 pts
8.4%
2025 · hover or tap a bar for each year
20162025
Asset turnover+3.1%
0.43
2025 · hover or tap a bar for each year
20162025
CE per-share figures Results divided by the shares outstanding at year-end.
Revenue per share−7.4%
$87.16
2025 · hover or tap a bar for each year
20162025
Earnings per share
−$10.64
2025 · hover or tap a bar for each year
20162025
Free cash flow per share+50.9%
$7.33
2025 · hover or tap a bar for each year
20162025
Book value per share−28.0%
$36.98
2025 · hover or tap a bar for each year
20162025
Dividends per share−95.8%
$0.12
2025 · hover or tap a bar for each year
20162025
Shares outstanding+0.2%
109.5M
2025 · hover or tap a bar for each year
20162025
CE financial health Debt, liquidity and how easily interest is covered.
Debt / equity+38.3%
3.19
2025 · hover or tap a bar for each year
20162025
Net debt−$319.0M
$11.67B
2025 · hover or tap a bar for each year
20162025
Net debt / EBITDA+11.00
34.84
2025 · hover or tap a bar for each year
20162025
Current ratio+15.8%
1.55
2025 · hover or tap a bar for each year
20162025
Interest coverage
1.0
2025 · hover or tap a bar for each year
20162025
Debt / assets+5.2%
0.60
2025 · hover or tap a bar for each year
20162025
CE efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding−1 days
59 days
2025 · hover or tap a bar for each year
20162025
Days of inventory−1 days
106 days
2025 · hover or tap a bar for each year
20162025
Days payables outstanding−4 days
59 days
2025 · hover or tap a bar for each year
20162025
Cash conversion cycle+2 days
106 days
2025 · hover or tap a bar for each year
20162025
Capex / revenue−0.6 pts
3.6%
2025 · hover or tap a bar for each year
20162025
Dividends + buybacks / FCF−56.2 pts
1.6%
2025 · hover or tap a bar for each year
20162025
CE valuation history
Fiscal year-endToday10-year median
CE returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CE debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CE cash returned to shareholders
DividendsBuybacksFree cash flow
CE price vs earnings per share
Share price at year-endEPS (right axis)
CE key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $4.63B | $7.56B | $16.99B | $11.17B | $18.84B | $15.40B | $15.35B | $12.18B | $14.81B | $11.47B |
| Enterprise value | $16.30B | $19.55B | $29.29B | $24.79B | $22.49B | $17.87B | $18.96B | $15.24B | $17.84B | $13.81B |
| P/E ratio | — | — | 8.7 | 5.9 | 10.0 | 7.8 | 18.0 | 10.1 | 17.6 | 12.7 |
| Price / sales | 0.5 | 0.7 | 1.6 | 1.2 | 2.2 | 2.7 | 2.4 | 1.7 | 2.4 | 2.1 |
| Price / book | 1.1 | 1.3 | 2.4 | 2.0 | 4.5 | 4.4 | 6.1 | 4.1 | 5.1 | 4.4 |
| Price / free cash flow | 5.8 | 14.2 | 12.8 | 8.8 | 14.6 | 31.7 | 14.2 | 10.0 | 27.6 | 17.7 |
| Price / operating cash flow | 4.0 | 7.8 | 8.9 | 6.1 | 10.7 | 18.1 | 10.6 | 7.8 | 18.4 | 12.8 |
| EV / sales | 1.7 | 1.9 | 2.7 | 2.6 | 2.6 | 3.2 | 3.0 | 2.1 | 2.9 | 2.6 |
| EV / EBITDA | 48.7 | 38.9 | 11.2 | 10.8 | 8.3 | 6.6 | 13.0 | 7.7 | 11.8 | 9.5 |
| EV / free cash flow | 20.3 | 36.8 | 22.0 | 19.4 | 17.4 | 36.8 | 17.5 | 12.5 | 33.3 | 21.3 |
| Earnings yield | −25.2% | −20.1% | 11.5% | 17.0% | 10.0% | 12.9% | 5.6% | 9.9% | 5.7% | 7.8% |
| Free cash flow yield | 17.3% | 7.0% | 7.8% | 11.4% | 6.8% | 3.2% | 7.1% | 10.0% | 3.6% | 5.6% |
| Dividend yield | 0.3% | 4.1% | 1.8% | 2.7% | 1.6% | 1.9% | 2.0% | 2.3% | 1.6% | 1.8% |
| Shareholder yield (dividends + buybacks) | 0.3% | 4.1% | 1.8% | 2.8% | 6.9% | 6.1% | 8.4% | 8.9% | 5.0% | 6.1% |
| Share price at fiscal year-end | $42.28 | $69.21 | $155.37 | $102.24 | $168.06 | $129.94 | $123.12 | $89.97 | $107.08 | $78.74 |
| Per share | ||||||||||
| Revenue per share | $87.16 | $94.08 | $100.02 | $88.55 | $76.17 | $47.73 | $50.52 | $52.84 | $44.40 | $37.00 |
| Earnings per share | −$10.64 | −$13.93 | $17.92 | $17.34 | $16.86 | $16.75 | $6.84 | $8.91 | $6.10 | $6.18 |
| Operating cash flow per share | $10.47 | $8.84 | $17.36 | $16.65 | $15.68 | $7.17 | $11.66 | $11.51 | $5.81 | $6.13 |
| Free cash flow per share | $7.33 | $4.86 | $12.17 | $11.68 | $11.51 | $4.10 | $8.70 | $9.02 | $3.88 | $4.44 |
| Cash per share | $11.53 | $8.80 | $16.50 | $13.81 | $4.87 | $12.56 | $4.04 | $3.47 | $4.40 | $4.59 |
| Book value per share | $36.98 | $51.33 | $64.83 | $51.60 | $37.37 | $29.76 | $20.11 | $22.04 | $20.87 | $17.77 |
| Tangible book value per share | −$30.19 | −$31.29 | −$35.30 | −$51.36 | $18.22 | $17.23 | $8.99 | $11.94 | $11.45 | $10.97 |
| Dividends per share | $0.12 | $2.81 | $2.79 | $2.72 | $2.71 | $2.47 | $2.41 | $2.07 | $1.74 | $1.38 |
| Capex per share | $3.13 | $3.98 | $5.19 | $4.97 | $4.17 | $3.07 | $2.97 | $2.49 | $1.93 | $1.69 |
| Debt per share | $118.12 | $118.53 | $128.89 | $138.47 | $37.51 | $33.48 | $33.01 | $26.08 | $26.33 | $20.65 |
| Shares outstanding | 109.5M | 109.3M | 109.4M | 109.2M | 112.1M | 118.5M | 124.7M | 135.4M | 138.3M | 145.7M |
| Change in shares outstanding | +0.2% | −0.1% | +0.1% | −2.5% | −5.4% | −5.0% | −7.9% | −2.1% | −5.1% | −4.3% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −24.1% | −24.0% | 30.8% | 38.6% | 49.0% | 65.8% | 31.0% | 41.1% | 30.8% | 36.2% |
| Return on invested capital (ROIC) | 3.6% | −3.0% | 8.7% | 10.2% | 24.0% | 9.8% | 12.0% | 18.0% | 13.3% | 16.9% |
| Return on assets (ROA) | −5.2% | −6.2% | 7.4% | 9.9% | 16.5% | 19.5% | 9.1% | 12.8% | 9.4% | 10.6% |
| Return on tangible assets | −8.1% | −11.0% | 12.5% | 12.6% | 19.2% | 21.1% | 10.5% | 15.2% | 10.2% | 12.2% |
| Free cash flow margin | 8.4% | 5.2% | 12.2% | 13.2% | 15.1% | 8.6% | 17.2% | 17.1% | 8.7% | 12.0% |
| Income quality (OCF / net income) | — | — | 0.97 | 0.96 | 0.93 | 0.43 | 1.71 | 1.29 | 0.95 | 0.99 |
| Financial health | ||||||||||
| Total debt | $12.93B | $12.95B | $14.10B | $15.13B | $4.20B | $3.97B | $4.12B | $3.53B | $3.64B | $3.01B |
| Cash & short-term investments | $1.26B | $962.0M | $1.80B | $1.51B | $546.0M | $1.49B | $503.0M | $470.0M | $608.0M | $668.0M |
| Net debt | $11.67B | $11.99B | $12.29B | $13.62B | $3.66B | $2.48B | $3.61B | $3.06B | $3.03B | $2.34B |
| Debt / equity | 3.19 | 2.31 | 1.99 | 2.68 | 1.00 | 1.13 | 1.64 | 1.18 | 1.26 | 1.16 |
| Debt / assets | 0.60 | 0.57 | 0.53 | 0.58 | 0.35 | 0.36 | 0.43 | 0.38 | 0.38 | 0.36 |
| Net debt / EBITDA | 34.84 | 23.84 | 4.70 | 5.91 | 1.35 | 0.91 | 2.48 | 1.54 | 2.01 | 1.61 |
| Current ratio | 1.55 | 1.34 | 1.53 | 1.63 | 1.52 | 1.91 | 1.58 | 1.62 | 1.79 | 2.30 |
| Quick ratio | 0.94 | 0.74 | 0.95 | 0.93 | 0.91 | 1.41 | 0.98 | 1.03 | 1.21 | 1.63 |
| Interest coverage | 1.0 | -1.0 | 2.3 | 3.4 | 19.5 | 6.1 | 7.0 | 10.7 | 7.4 | 7.1 |
| Working capital | $2.01B | $1.29B | $2.15B | $2.54B | $1.30B | $1.79B | $1.01B | $1.09B | $1.23B | $1.40B |
| Invested capital | $15.72B | $17.60B | $19.38B | $19.25B | $7.85B | $6.00B | $6.12B | $6.04B | $5.92B | $4.93B |
| Tangible asset value | −$2.88B | −$3.42B | −$3.40B | −$5.14B | $2.39B | $2.41B | $1.51B | $2.01B | $2.00B | $2.03B |
| Net current asset value | −$11.53B | −$12.10B | −$12.83B | −$13.56B | −$3.63B | −$3.25B | −$3.81B | −$3.06B | −$3.45B | −$2.86B |
| Graham number | — | — | $161.67 | $141.89 | $119.08 | $105.92 | $55.61 | $66.49 | $53.51 | $49.70 |
| Graham net-net per share | −$125.57 | −$127.51 | −$134.61 | −$143.86 | −$43.54 | −$34.65 | −$37.47 | −$29.19 | −$30.79 | −$24.30 |
| Capital allocation | ||||||||||
| Dividends paid | $13.0M | $307.0M | $305.0M | $297.0M | $304.0M | $293.0M | $300.0M | $280.0M | $241.0M | $201.0M |
| Share buybacks (net) | — | $0 | $0 | $17.0M | $1.00B | $650.0M | $996.0M | $805.0M | $500.0M | $500.0M |
| Dividend payout ratio | — | — | 15.6% | 15.7% | 16.1% | 14.8% | 35.2% | 23.2% | 28.6% | 22.3% |
| Dividends + buybacks / free cash flow | 1.6% | 57.8% | 22.9% | 24.6% | 101.1% | 194.0% | 119.6% | 88.9% | 138.2% | 108.3% |
| Capex / revenue | 3.6% | 4.2% | 5.2% | 5.6% | 5.5% | 6.4% | 5.9% | 4.7% | 4.3% | 4.6% |
| Capex / operating cash flow | 29.9% | 45.0% | 29.9% | 29.9% | 26.6% | 42.8% | 25.4% | 21.6% | 33.3% | 27.5% |
| Capex / depreciation | 0.44 | 0.53 | 0.80 | 1.14 | 1.24 | 1.02 | 1.04 | 0.97 | 0.86 | 0.83 |
| Stock-based compensation / revenue | 0.3% | 0.3% | 0.4% | 0.6% | 1.1% | 0.5% | 0.8% | 1.0% | 0.8% | 0.6% |
| R&D / revenue | 1.3% | 1.3% | 1.3% | 1.2% | 1.0% | 1.3% | 1.1% | 1.0% | 1.2% | 1.4% |
| SG&A / revenue | 9.4% | 10.0% | 9.8% | 8.5% | 7.4% | 8.5% | 7.7% | 7.6% | 7.4% | 7.7% |
| Efficiency | ||||||||||
| Days sales outstanding | 58.9 | 60.3 | 64.0 | 70.2 | 62.2 | 78.2 | 72.4 | 65.0 | 67.0 | 68.2 |
| Days of inventory on hand | 106.0 | 106.9 | 113.1 | 108.4 | 78.0 | 84.3 | 81.1 | 68.5 | 63.9 | 64.2 |
| Days payables outstanding | 59.0 | 63.1 | 66.3 | 67.0 | 61.0 | 66.0 | 62.2 | 57.3 | 56.5 | 55.5 |
| Cash conversion cycle (days) | 105.9 | 104.2 | 110.8 | 111.6 | 79.2 | 96.6 | 91.3 | 76.3 | 74.4 | 76.9 |
| Receivables turnover | 6.20 | 6.05 | 5.70 | 5.20 | 5.87 | 4.67 | 5.04 | 5.62 | 5.45 | 5.35 |
| Payables turnover | 6.19 | 5.79 | 5.51 | 5.45 | 5.98 | 5.53 | 5.87 | 6.38 | 6.46 | 6.57 |
| Inventory turnover | 3.44 | 3.41 | 3.23 | 3.37 | 4.68 | 4.33 | 4.50 | 5.33 | 5.71 | 5.68 |
| Asset turnover | 0.43 | 0.42 | 0.41 | 0.51 | 0.75 | 0.55 | 0.67 | 0.76 | 0.69 | 0.64 |
| Average receivables | $1.54B | $1.70B | $1.92B | $1.86B | $1.45B | $1.21B | $1.25B | $1.27B | $1.13B | $1.01B |
| Average payables | $1.25B | $1.37B | $1.51B | $1.34B | $978.5M | $788.5M | $799.5M | $813.0M | $716.0M | $606.0M |
| Average inventory | $2.25B | $2.32B | $2.58B | $2.17B | $1.25B | $1.01B | $1.04B | $973.0M | $810.0M | $701.0M |
| Intangibles / total assets | 33.9% | 39.5% | 41.2% | 42.8% | 17.9% | 13.6% | 14.6% | 14.7% | 13.7% | 11.8% |
Computed from CE's annual financial statements (latest annual report filed February 24, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
CE valuation and financial ratios
Celanese earned a return on equity of −24.1% and a return on invested capital of 3.6% in fiscal 2025. It ended the year with $12.9 billion of debt and $1.3 billion in cash and short-term investments, net debt of $11.7 billion. It returned $13.0 million to shareholders: $13.0 million in dividends and $0 in share buybacks, 2% of free cash flow. The share count fell 24.8% from 145.7M to 109.5M over 9 years.
See the CE income statement, the CE chart for price history, or the CE stock overview for the latest quote and news.
CE key metrics FAQ
What is Celanese's EV/EBITDA?
Celanese's enterprise value was 48.7 times EBITDA at the end of fiscal 2025 (enterprise value $16.3 billion, EBITDA $335.0 million); the current EV/EBITDA is 35.6.
What is Celanese's return on equity?
Celanese's return on equity (ROE) was −24.1% in fiscal 2025: net income of -$1.2 billion on average shareholders' equity of $4.8 billion.
What is Celanese's ROIC?
Celanese's return on invested capital was 3.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Celanese have?
Celanese had total debt of $12.9 billion at the end of fiscal 2025, a debt-to-equity ratio of 3.19 and $11.7 billion of net debt (34.84 times EBITDA).
What is Celanese's dividend yield?
Celanese's forward dividend yield is 0.25%. Celanese paid $13.0 million in dividends in fiscal 2025 ($0.12 per share), a payout ratio of —.
What is Celanese's free cash flow yield?
Celanese generated $803.0 million of free cash flow in fiscal 2025, a free cash flow yield of 17.3% on its market value at year-end ($4.6 billion).
What is Celanese's current ratio?
Celanese's current ratio was 1.55 at the end of fiscal 2025: current assets were 1.55 times current liabilities.