Celanese
CE
#1337
Rank
HK$105.40 B
Marketcap
HK$964.64
Share price
0.50%
Change (1 day)
-3.90%
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 September 2024 (TTM): 11.23%

According to Celanese's latest financial reports and stock price the company's current Operating Margin is 11.23%. At the end of 2023 the company had an Operating Margin of 10.81%.

Operating Margin history for Celanese from 2004 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202310.81%-26.39%
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%394.16%
20125.00%-27.57%
20116.91%-24.04%
20109.09%84.06%
20094.94%-22.35%
20086.36%-8.3%
20076.94%-23.8%
20069.10%73.82%
20055.24%-215.16%
2004-4.55%-217.69%
20033.86%-10.54%
20024.32%-143.85%
2001-9.85%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
9.35%-16.76%๐Ÿ‡บ๐Ÿ‡ธ USA
12.29% 9.44%๐Ÿ‡บ๐Ÿ‡ธ USA
2.60%-76.85%๐Ÿ‡บ๐Ÿ‡ธ USA
2.94%-73.82%๐Ÿ‡บ๐Ÿ‡ธ USA
3.82%-65.98%๐Ÿ‡บ๐Ÿ‡ธ USA
14.78% 31.61%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.