Celanese
CE
#981
Rank
$19.17 B
Marketcap
$171.86
Share price
1.31%
Change (1 day)
66.37%
Change (1 year)
Celanese Corporation, also known as Hoechst Celanese is an American company that produces acetyl products.

Operating Margin for Celanese (CE)

Operating Margin as of March 2024 (TTM): 5.71%

According to Celanese's latest financial reports and stock price the company's current Operating Margin is 5.71%. At the end of 2022 the company had an Operating Margin of 14.69%.

Operating Margin history for Celanese from 2004 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202214.69%-44.21%
202126.33%-33.85%
202039.81%153.7%
201915.69%-25.65%
201821.10%20.54%
201717.51%-8.4%
201619.11%122.23%
20158.60%-37.83%
201413.83%-44.03%
201324.72%141.44%
201210.24%-8.3%
201111.16%23.26%
20109.06%90.99%
20094.74%-25.45%
20086.36%-8.3%
20076.94%-30.47%
20069.98%67.28%
20055.96%-231.13%
2004-4.55%-203.12%
20034.41%2.1%
20024.32%-143.85%
2001-9.85%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
4.98%-12.78%๐Ÿ‡บ๐Ÿ‡ธ USA
7.86% 37.65%๐Ÿ‡บ๐Ÿ‡ธ USA
19.97% 249.74%๐Ÿ‡บ๐Ÿ‡ธ USA
11.19% 95.97%๐Ÿ‡บ๐Ÿ‡ธ USA
12.22% 114.01%๐Ÿ‡บ๐Ÿ‡ธ USA
9.35% 63.71%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.