Celanese (CE) FY2022 results: revenue $9.7 billion, up 13.3% on the year
Celanese Corp. (CE) reported revenue of $9.7 billion for fiscal 2022, the year ended 31 December 2022, up 13.3% on the year before. Net income was $1.9 billion, up 0.2%, and diluted earnings per share $17.34. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2023.
Revenue
$9.7 billion
+13.3% on the year
FY2015FY2022
Operating margin
14.2%
22.8% a year earlier
FY2015FY2022
Net income
$1.9 billion
+0.2% on the year
FY2015FY2022
Diluted EPS
$17.34
+2.8% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
1,819
1,757
1,343
+3.5%
Capital expenditure
543
467
364
+16.3%
Free cash flow
1,276
1,290
979
-1.1%
Free cash flow margin
13.2%
15.1%
17.3%
Cash from investing
-11,141
-1,119
592
Cash from financing
10,290
-1,042
-1,471
Depreciation and amortisation
462
371
350
+24.5%
Share-based compensation
60.0
95.0
28.0
-36.8%
Buybacks
17.0
1,000
650
-98.3%
Dividends paid
297
304
293
-2.3%
Diluted shares, weighted
109m
112m
118m
-2.5%
Shares outstanding at period end
108m
108m
114m
+0.4%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
5,637
4,189
3,526
+34.6%
Non-controlling interest
468
348
369
+34.5%
Debt
14,753
3,986
3,736
+270.1%
Operating lease liabilities
364
200
208
+82.0%
Finance lease liabilities
147
148
171
-0.7%
Other liabilities
4,903
3,104
2,899
+58.0%
Total liabilities and equity
26,272
11,975
10,909
+119.4%
Fixed assets
5,584
4,193
3,939
+33.2%
Goodwill
7,142
1,412
1,166
+405.8%
Intangible assets
4,105
735
319
+458.5%
Investments
n/a
10.0
533
Cash and equivalents
1,508
536
955
+181.3%
Receivables
1,379
1,161
792
+18.8%
Inventory
2,808
1,524
978
+84.3%
Other assets
3,746
2,404
2,227
+55.8%
Total assets
26,272
11,975
10,909
+119.4%
10-K for the year ended 31 December 2022, filed 24 February 2023: the filing.