Celanese (CE) FY2024 results: revenue $10.3 billion, down 6.0% on the year
Celanese Corp. (CE) reported revenue of $10.3 billion for fiscal 2024, the year ended 31 December 2024, down 6.0% on the year before. Net income was -$1.5 billion, and diluted earnings per share $-14.11. The figures are the company's own, from the 10-K it filed with the SEC on 21 February 2025.
Revenue
$10.3 billion
-6.0% on the year
FY2017FY2024
Operating margin
-7.0%
15.2% a year earlier
FY2017FY2024
Net income
-$1.5 billion
FY2017FY2024
Diluted EPS
-$14.11
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
966
1,899
1,819
-49.1%
Capital expenditure
435
568
543
-23.4%
Free cash flow
531
1,331
1,276
-60.1%
Free cash flow margin
5.2%
12.2%
13.2%
Cash from investing
-470
-134
-11,141
Cash from financing
-1,313
-1,456
10,290
Depreciation and amortisation
801
706
462
+13.5%
Share-based compensation
32.0
40.0
60.0
-20.0%
Buybacks
0.0
0.0
17.0
Dividends paid
307
305
297
+0.7%
Diluted shares, weighted
109m
109m
109m
-0.1%
Shares outstanding at period end
109m
109m
108m
+0.4%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
5,129
7,065
5,637
-27.4%
Non-controlling interest
434
461
468
-5.9%
Debt
12,635
13,758
14,753
-8.2%
Operating lease liabilities
294
325
364
-9.5%
Finance lease liabilities
122
124
147
-1.6%
Other liabilities
4,243
4,864
4,903
-12.8%
Total liabilities and equity
22,857
26,597
26,272
-14.1%
Fixed assets
5,273
5,584
5,584
-5.6%
Goodwill
5,387
6,977
7,142
-22.8%
Intangible assets
3,641
3,975
4,105
-8.4%
Cash and equivalents
962
1,805
1,508
-46.7%
Receivables
1,121
1,243
1,379
-9.8%
Inventory
2,284
2,357
2,808
-3.1%
Other assets
4,189
4,656
3,746
-10.0%
Total assets
22,857
26,597
26,272
-14.1%
10-K for the year ended 31 December 2024, filed 21 February 2025: the filing.