Jupiter Topco LLC acquired a new position in Celanese Corporation (NYSE:CE – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 49,309 shares of the basic materials company’s stock, valued at approximately $2,266,000.
Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of Celanese in the 2nd quarter worth $614,675,000. Capital Research Global Investors increased its stake in shares of Celanese by 24.0% during the fourth quarter. Capital Research Global Investors now owns 5,565,556 shares of the basic materials company’s stock valued at $235,312,000 after buying an additional 1,076,645 shares during the period. Turtle Creek Asset Management Inc. raised its holdings in shares of Celanese by 21.0% in the third quarter. Turtle Creek Asset Management Inc. now owns 5,115,365 shares of the basic materials company’s stock valued at $215,255,000 after acquiring an additional 887,600 shares in the last quarter. Fuller & Thaler Asset Management Inc. raised its holdings in shares of Celanese by 15.8% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 4,094,781 shares of the basic materials company’s stock valued at $173,127,000 after acquiring an additional 558,391 shares in the last quarter. Finally, State Street Corp lifted its stake in Celanese by 2.1% in the fourth quarter. State Street Corp now owns 3,949,230 shares of the basic materials company’s stock worth $166,973,000 after acquiring an additional 80,242 shares during the period. 98.87% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling In other news, SVP Mark Murray bought 2,153 shares of the stock in a transaction on Tuesday, August 11th. The stock was bought at an average cost of $45.52 per share, for a total transaction of $98,004.56. Following the completion of the purchase, the senior vice president directly owned 30,432 shares in the company, valued at approximately $1,385,264.64. The trade was a 7.61% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.34% of the stock is owned by insiders.
Celanese Price Performance CE opened at $45.25 on Friday. The business’s 50-day moving average is $45.73 and its two-hundred day moving average is $53.18. Celanese Corporation has a 1 year low of $35.13 and a 1 year high of $70.70. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.45 and a quick ratio of 0.87. The firm has a market capitalization of $4.97 billion, a PE ratio of -4.23, a price-to-earnings-growth ratio of 0.30 and a beta of 0.76. Celanese (NYSE:CE – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $2.45 EPS for the quarter, beating the consensus estimate of $2.23 by $0.22. Celanese had a negative net margin of 12.04% and a positive return on equity of 13.04%. The business had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.75 billion. During the same period in the prior year, the firm posted $1.44 earnings per share. The company’s quarterly revenue was up 8.7% on a year-over-year basis. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. Research analysts anticipate that Celanese Corporation will post 5.99 earnings per share for the current fiscal year.
Celanese Announces Dividend The company also recently announced a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Tuesday, July 28th were given a dividend of $0.03 per share. The ex-dividend date of this dividend was Tuesday, July 28th. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. Celanese’s dividend payout ratio is presently -1.12%.
Analysts Set New Price Targets Several research analysts have issued reports on the stock. Wells Fargo & Company dropped their target price on shares of Celanese from $80.00 to $65.00 and set an “overweight” rating on the stock in a report on Thursday, August 6th. Morgan Stanley lowered their price target on shares of Celanese from $72.00 to $58.00 and set an “equal weight” rating for the company in a research report on Thursday, July 16th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Celanese in a research note on Friday, August 21st. BMO Capital Markets cut their price objective on shares of Celanese from $57.00 to $54.00 and set a “market perform” rating on the stock in a report on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft set a $50.00 price objective on shares of Celanese in a research note on Thursday, August 6th. Nine analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $63.71.
Check Out Our Latest Report on Celanese
Celanese Company Profile (Free Report)
Celanese Corporation is a global chemical and specialty materials company that develops, manufactures and markets a broad portfolio of products serving diverse industries. The company operates through two primary business segments—Engineered Materials and Acetyl Chain—offering solutions that range from high-performance polymers and specialty additives to industrial chemicals and intermediates. Its engineered materials are used in applications such as automotive components, consumer electronics, medical devices and packaging, while its acetyl derivatives find uses in coatings, adhesives, solvents and personal care products.
In the Engineered Materials segment, Celanese produces a variety of high-performance thermoplastics, polyether-block-amide (PEBA) elastomers and functional additives designed to enhance product durability, thermal resistance and sustainability.
Featured Stories Five stocks we like better than Celanese The Path to $230 Billion: Broadcom Outlines the Next Phase of Its AI Growth Story NVIDIA’s Hugging Face Deal Raises a Bigger Question About Its AI Moat Now Dropping the Dough: Yum! Brands Strategically Trims the Fat These 3 Stock Charts Just Flashed the Dreaded Death Cross Pattern Want to see what other hedge funds are holding CE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Celanese Corporation (NYSE:CE – Free Report).
Receive News & Ratings for Celanese Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celanese and related companies with MarketBeat.com's FREE daily email newsletter.
A month has gone by since the last earnings report for Celanese (CE - Free Report) . Shares have added about 8.2% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Celanese due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important catalysts.
Celanese’s Q2 Earnings Beat Estimates on Pricing and ExecutionCelanese reported second-quarter 2026 adjusted earnings of $2.45 per share, up 71.3% from $1.43 a year ago. The bottom line surpassed the Zacks Consensus Estimate of $2.21 by 10.9%.
Net sales rose 8.7% year over year to $2.75 billion and beat the consensus estimate of $2.65 billion by 3.7%. Strong pricing and mix, commercial execution and momentum in medical and electronics supported the results. Sequentially, sales increased 18%, reflecting a 4% volume gain and a 14% pricing increase.
Segment HighlightsEngineered Materials recorded net sales of $1.45 billion, up 9% sequentially. It beat our estimate of $1.42 billion. The segment generated an operating profit of $156 million and adjusted EBIT of $234 million. Operating profit declined from $164 million a year ago, while adjusted EBIT increased from $213 million.
The Acetyl Chain posted net sales of $1.33 billion, up 28% sequentially. It topped our estimate of $1.22 billion. The segment delivered an operating profit of $237 million, up from $153 million in the prior-year quarter. Adjusted EBIT increased to $321 million from $195 million.
FinancialsCelanese ended the second quarter with cash and cash equivalents of $1.36 billion. Long-term debt was $10.70 billion. Cash provided by operating activities totaled $209 million and free cash flow was $140 million.
OutlookCelanese expects third-quarter adjusted earnings in the range of $1.35-$1.75 per share. For 2026, the company continues to expect adjusted earnings of approximately $6 per share. Celanese also maintained its full-year free cash flow guidance of $700-$800 million.
Management expects growth initiatives and productivity, portfolio and footprint actions to support performance in 2026. These measures are also intended to create additional earnings growth opportunities in the years ahead while strengthening cash generation and supporting deleveraging.
How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a downward trend in fresh estimates.
The consensus estimate has shifted -6.76% due to these changes.
VGM ScoresAt this time, Celanese has a average Growth Score of C, though it is lagging a bit on the Momentum Score front with a D. However, the stock has a score of A on the value side, putting it in the top 20% for this investment strategy.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Celanese has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Key Takeaways Celanese will sell another 19% of Nutrinova to Mitsui for $152M while retaining an 11% interest.The stake generated about $4M in 2025 equity earnings, making the deal an attractive monetization opportunity.Celanese plans to use proceeds to cut net debt and help reach $1B in divestitures by end-2027. Celanese Corporation (CE - Free Report) has agreed to sell an additional stake in its Nutrinova food ingredients joint venture to Mitsui & Co., Ltd. This is aimed at strengthening its balance sheet by reducing debt while also holding an 11% interest in Nutrinova. The sale of an additional 19% of the Nutrinova joint venture will generate $152 million in cash proceeds.
The transaction represents an attractive monetization opportunity for Celanese, as the stake contributed around $4 million of equity earnings in 2025. It will also allow Celanese to continue participating in the food ingredients business.
Celanese plans to use the proceeds to reduce net debt and repay upcoming debt maturities, supporting its goal to achieve $1 billion in divestiture proceeds by the end of 2027.
As part of this transaction, Celanese will temporarily own and operate a diketene production facility in Frankfurt before transferring it to Nutrinova. Mitsui will provide the facility's purchase price and future operating cash requirements, while Celanese will contribute its operational expertise. The transaction is subject to customary closing conditions.
CE shares have lost 1.3% in the past year against the industry’s 0.9% rise.
Image Source: Zacks Investment Research
CE’s Zacks Rank & Other Key PicksCE currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the Basic Materials space are Neo Performance Materials Inc. (NOPMF - Free Report) , Carpenter Technology Corporation (CRS - Free Report) and Avient Corporation (AVNT - Free Report) .
While NOPMF currently sports a Zacks Rank #1 (Strong Buy), CRS and AVNT carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for NOPMF’s 2026 earnings is pinned at $1.4 per share, indicating a 185.71% year-over-year increase. NOPMF’sshares have gained 83.2% over the past year.
The Zacks Consensus Estimate for CRS’ fiscal 2027 earnings is pegged at $12.92 per share, indicating a rise of 20.07% year over year. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 8.39%.
The Zacks Consensus Estimate for AVNT’s current-year earnings is pinned at $3.2 per share, indicating a 13.48% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 3.4%. AVNT’sshares have gained 20.3% over the past year.
Callan Family Office LLC acquired a new stake in Celanese Corporation (NYSE:CE – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 22,307 shares of the basic materials company’s stock, valued at approximately $1,026,000.
Several other institutional investors and hedge funds have also bought and sold shares of CE. BlackRock Inc. purchased a new position in shares of Celanese during the 2nd quarter valued at $614,675,000. Vanguard Group Inc. boosted its position in Celanese by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 11,840,341 shares of the basic materials company’s stock worth $500,610,000 after purchasing an additional 90,428 shares during the period. Capital Research Global Investors boosted its position in Celanese by 24.0% during the fourth quarter. Capital Research Global Investors now owns 5,565,556 shares of the basic materials company’s stock worth $235,312,000 after purchasing an additional 1,076,645 shares during the period. Turtle Creek Asset Management Inc. increased its stake in shares of Celanese by 21.0% in the third quarter. Turtle Creek Asset Management Inc. now owns 5,115,365 shares of the basic materials company’s stock worth $215,255,000 after purchasing an additional 887,600 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. increased its stake in shares of Celanese by 15.8% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 4,094,781 shares of the basic materials company’s stock worth $173,127,000 after purchasing an additional 558,391 shares in the last quarter. 98.87% of the stock is owned by institutional investors.
Analyst Ratings Changes Several research firms recently commented on CE. Mizuho set a $50.00 price objective on shares of Celanese in a report on Wednesday, August 5th. Bank of America lowered their target price on shares of Celanese from $72.00 to $63.00 and set a “buy” rating on the stock in a report on Tuesday, June 30th. Weiss Ratings restated a “sell (d-)” rating on shares of Celanese in a research report on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft set a $50.00 price target on Celanese in a research report on Thursday, August 6th. Finally, Morgan Stanley decreased their price objective on Celanese from $72.00 to $58.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 16th. Nine analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $63.71.
Check Out Our Latest Research Report on Celanese Insider Activity at Celanese In other Celanese news, SVP Mark Christopher Murray purchased 2,153 shares of the firm’s stock in a transaction on Tuesday, August 11th. The shares were purchased at an average cost of $45.52 per share, with a total value of $98,004.56. Following the completion of the purchase, the senior vice president owned 30,432 shares of the company’s stock, valued at $1,385,264.64. The trade was a 7.61% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.34% of the company’s stock.
Celanese Price Performance CE stock opened at $45.27 on Tuesday. The firm has a 50 day simple moving average of $46.53 and a two-hundred day simple moving average of $53.82. The stock has a market cap of $4.97 billion, a PE ratio of -4.23, a P/E/G ratio of 0.31 and a beta of 0.76. Celanese Corporation has a one year low of $35.13 and a one year high of $70.70. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.45 and a quick ratio of 0.87.
Celanese (NYSE:CE – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.23 by $0.22. The firm had revenue of $2.75 billion for the quarter, compared to analysts’ expectations of $2.75 billion. Celanese had a negative net margin of 12.04% and a positive return on equity of 13.04%. The business’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter last year, the company posted $1.44 EPS. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. On average, analysts predict that Celanese Corporation will post 5.94 EPS for the current fiscal year.
Celanese Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Tuesday, July 28th were given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Tuesday, July 28th. Celanese’s dividend payout ratio (DPR) is presently -1.12%.
About Celanese (Free Report)
Celanese Corporation is a global chemical and specialty materials company that develops, manufactures and markets a broad portfolio of products serving diverse industries. The company operates through two primary business segments—Engineered Materials and Acetyl Chain—offering solutions that range from high-performance polymers and specialty additives to industrial chemicals and intermediates. Its engineered materials are used in applications such as automotive components, consumer electronics, medical devices and packaging, while its acetyl derivatives find uses in coatings, adhesives, solvents and personal care products.
In the Engineered Materials segment, Celanese produces a variety of high-performance thermoplastics, polyether-block-amide (PEBA) elastomers and functional additives designed to enhance product durability, thermal resistance and sustainability.
Read More Five stocks we like better than Celanese Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain Snowflake Could Be Headed for New Highs Despite Insider Selling MongoDB Is Surging—And the Next Catalyst Is Almost Here
Receive News & Ratings for Celanese Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celanese and related companies with MarketBeat.com's FREE daily email newsletter.
Canada Pension Plan Investment Board bought a new position in shares of Celanese Corporation (NYSE:CE – Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 146,300 shares of the basic materials company’s stock, valued at approximately $6,730,000. Canada Pension Plan Investment Board owned about 0.13% of Celanese at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in the business. Geneos Wealth Management Inc. boosted its position in Celanese by 111.1% during the second quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 270 shares during the period. National Bank of Canada FI bought a new position in shares of Celanese in the third quarter valued at about $34,000. Smartleaf Asset Management LLC raised its position in shares of Celanese by 100.0% in the second quarter. Smartleaf Asset Management LLC now owns 662 shares of the basic materials company’s stock valued at $38,000 after purchasing an additional 331 shares during the period. UMB Bank n.a. lifted its stake in shares of Celanese by 175.7% during the 4th quarter. UMB Bank n.a. now owns 896 shares of the basic materials company’s stock worth $38,000 after buying an additional 571 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Celanese during the 4th quarter worth about $41,000. Institutional investors and hedge funds own 98.87% of the company’s stock.
Insider Activity at Celanese In other news, SVP Mark Christopher Murray bought 2,153 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was bought at an average cost of $45.52 per share, for a total transaction of $98,004.56. Following the transaction, the senior vice president owned 30,432 shares of the company’s stock, valued at $1,385,264.64. This represents a 7.61% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.34% of the company’s stock.
Wall Street Analysts Forecast Growth A number of research analysts recently commented on the stock. Citigroup decreased their price target on shares of Celanese from $80.00 to $68.00 and set a “buy” rating on the stock in a research note on Wednesday, June 24th. Wall Street Zen downgraded shares of Celanese from a “buy” rating to a “hold” rating in a research report on Saturday, June 20th. Mizuho set a $50.00 price objective on Celanese in a report on Wednesday, August 5th. Wells Fargo & Company decreased their target price on Celanese from $80.00 to $65.00 and set an “overweight” rating on the stock in a research report on Thursday, August 6th. Finally, Bank of America lowered their target price on Celanese from $72.00 to $63.00 and set a “buy” rating on the stock in a research note on Tuesday, June 30th. Nine research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Celanese presently has an average rating of “Hold” and an average price target of $63.71. Get Our Latest Report on CE
Celanese Stock Performance Shares of NYSE:CE opened at $44.95 on Friday. Celanese Corporation has a 12-month low of $35.13 and a 12-month high of $70.70. The company’s 50 day moving average price is $46.00 and its two-hundred day moving average price is $53.58. The firm has a market cap of $4.93 billion, a PE ratio of -4.20, a PEG ratio of 0.29 and a beta of 0.76. The company has a quick ratio of 0.87, a current ratio of 1.45 and a debt-to-equity ratio of 2.33.
Celanese (NYSE:CE – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $2.45 earnings per share for the quarter, beating analysts’ consensus estimates of $2.23 by $0.22. The company had revenue of $2.75 billion during the quarter, compared to the consensus estimate of $2.75 billion. Celanese had a negative net margin of 12.04% and a positive return on equity of 13.04%. The firm’s quarterly revenue was up 8.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.44 earnings per share. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. Equities research analysts predict that Celanese Corporation will post 5.99 earnings per share for the current year.
Celanese Announces Dividend The business also recently declared a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Tuesday, July 28th were given a $0.03 dividend. The ex-dividend date was Tuesday, July 28th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%. Celanese’s dividend payout ratio (DPR) is presently -1.12%.
Celanese Company Profile (Free Report)
Celanese Corporation is a global chemical and specialty materials company that develops, manufactures and markets a broad portfolio of products serving diverse industries. The company operates through two primary business segments—Engineered Materials and Acetyl Chain—offering solutions that range from high-performance polymers and specialty additives to industrial chemicals and intermediates. Its engineered materials are used in applications such as automotive components, consumer electronics, medical devices and packaging, while its acetyl derivatives find uses in coatings, adhesives, solvents and personal care products.
In the Engineered Materials segment, Celanese produces a variety of high-performance thermoplastics, polyether-block-amide (PEBA) elastomers and functional additives designed to enhance product durability, thermal resistance and sustainability.
See Also Five stocks we like better than Celanese From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash Venture Into High-Volatility Corners of the Market With These 3 ETFs 3 Retail Stocks to Watch After a Big Consumer Earnings Week Want to see what other hedge funds are holding CE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Celanese Corporation (NYSE:CE – Free Report).
Receive News & Ratings for Celanese Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celanese and related companies with MarketBeat.com's FREE daily email newsletter.
Bank of New York Mellon Corp bought a new stake in shares of Celanese Corporation (NYSE:CE – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 679,580 shares of the basic materials company’s stock, valued at approximately $31,261,000. Bank of New York Mellon Corp owned approximately 0.62% of Celanese as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. increased its position in shares of Celanese by 111.1% during the second quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock valued at $28,000 after buying an additional 270 shares during the period. National Bank of Canada FI purchased a new stake in Celanese in the third quarter worth $34,000. Smartleaf Asset Management LLC raised its holdings in Celanese by 100.0% in the second quarter. Smartleaf Asset Management LLC now owns 662 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 331 shares in the last quarter. UMB Bank n.a. raised its holdings in Celanese by 175.7% in the fourth quarter. UMB Bank n.a. now owns 896 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 571 shares in the last quarter. Finally, Kestra Advisory Services LLC purchased a new position in Celanese during the fourth quarter valued at $41,000. Hedge funds and other institutional investors own 98.87% of the company’s stock.
Insiders Place Their Bets In other Celanese news, SVP Mark Christopher Murray purchased 2,153 shares of the firm’s stock in a transaction on Tuesday, August 11th. The shares were acquired at an average cost of $45.52 per share, for a total transaction of $98,004.56. Following the completion of the transaction, the senior vice president owned 30,432 shares of the company’s stock, valued at approximately $1,385,264.64. The trade was a 7.61% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.34% of the company’s stock.
Analyst Ratings Changes A number of analysts have recently commented on CE shares. JPMorgan Chase & Co. boosted their target price on shares of Celanese from $53.00 to $68.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Bank of America dropped their price objective on shares of Celanese from $72.00 to $63.00 and set a “buy” rating on the stock in a research note on Tuesday, June 30th. BMO Capital Markets decreased their target price on shares of Celanese from $57.00 to $54.00 and set a “market perform” rating for the company in a research note on Wednesday, August 5th. Wall Street Zen downgraded shares of Celanese from a “buy” rating to a “hold” rating in a research note on Saturday, June 20th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Celanese in a research report on Friday, August 21st. Nine analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Celanese currently has a consensus rating of “Hold” and a consensus target price of $63.71. Check Out Our Latest Research Report on CE
Celanese Price Performance NYSE CE opened at $44.95 on Friday. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.45 and a quick ratio of 0.87. Celanese Corporation has a 1-year low of $35.13 and a 1-year high of $70.70. The stock has a market capitalization of $4.93 billion, a price-to-earnings ratio of -4.20, a PEG ratio of 0.29 and a beta of 0.76. The business’s fifty day moving average price is $46.00 and its 200-day moving average price is $53.58.
Celanese (NYSE:CE – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $2.45 EPS for the quarter, beating analysts’ consensus estimates of $2.23 by $0.22. Celanese had a positive return on equity of 13.04% and a negative net margin of 12.04%.The company had revenue of $2.75 billion during the quarter, compared to analysts’ expectations of $2.75 billion. During the same quarter in the prior year, the business earned $1.44 earnings per share. Celanese’s revenue for the quarter was up 8.7% compared to the same quarter last year. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. On average, equities analysts predict that Celanese Corporation will post 5.99 earnings per share for the current year.
Celanese Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Tuesday, July 28th were issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Tuesday, July 28th. Celanese’s dividend payout ratio is currently -1.12%.
Celanese Company Profile (Free Report)
Celanese Corporation is a global chemical and specialty materials company that develops, manufactures and markets a broad portfolio of products serving diverse industries. The company operates through two primary business segments—Engineered Materials and Acetyl Chain—offering solutions that range from high-performance polymers and specialty additives to industrial chemicals and intermediates. Its engineered materials are used in applications such as automotive components, consumer electronics, medical devices and packaging, while its acetyl derivatives find uses in coatings, adhesives, solvents and personal care products.
In the Engineered Materials segment, Celanese produces a variety of high-performance thermoplastics, polyether-block-amide (PEBA) elastomers and functional additives designed to enhance product durability, thermal resistance and sustainability.
Recommended Stories Five stocks we like better than Celanese From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash Venture Into High-Volatility Corners of the Market With These 3 ETFs 3 Retail Stocks to Watch After a Big Consumer Earnings Week
Receive News & Ratings for Celanese Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celanese and related companies with MarketBeat.com's FREE daily email newsletter.
Deutsche Bank AG acquired a new stake in Celanese Corporation (NYSE:CE – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 167,820 shares of the basic materials company’s stock, valued at approximately $7,720,000. Deutsche Bank AG owned 0.15% of Celanese at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Celanese by 41.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,450 shares of the basic materials company’s stock valued at $1,842,000 after acquiring an additional 9,543 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Celanese by 265.2% in the 1st quarter. NewEdge Advisors LLC now owns 5,032 shares of the basic materials company’s stock worth $286,000 after acquiring an additional 3,654 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Celanese by 144.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,276 shares of the basic materials company’s stock worth $71,000 after acquiring an additional 755 shares during the last quarter. Baird Financial Group Inc. boosted its position in shares of Celanese by 42.1% during the 2nd quarter. Baird Financial Group Inc. now owns 7,768 shares of the basic materials company’s stock worth $430,000 after purchasing an additional 2,303 shares during the period. Finally, California Public Employees Retirement System boosted its position in shares of Celanese by 6.5% during the 2nd quarter. California Public Employees Retirement System now owns 184,980 shares of the basic materials company’s stock worth $10,235,000 after purchasing an additional 11,347 shares during the period. Institutional investors and hedge funds own 98.87% of the company’s stock.
Celanese Stock Performance Shares of CE stock opened at $46.86 on Monday. The company has a quick ratio of 0.87, a current ratio of 1.45 and a debt-to-equity ratio of 2.33. Celanese Corporation has a 52 week low of $35.13 and a 52 week high of $70.70. The stock has a market capitalization of $5.14 billion, a PE ratio of -4.38, a P/E/G ratio of 0.31 and a beta of 0.76. The firm has a 50 day moving average of $46.70 and a two-hundred day moving average of $53.84.
Celanese (NYSE:CE – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $2.45 earnings per share for the quarter, topping analysts’ consensus estimates of $2.23 by $0.22. The business had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.75 billion. Celanese had a positive return on equity of 13.04% and a negative net margin of 12.04%.The company’s revenue was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.44 earnings per share. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. On average, research analysts predict that Celanese Corporation will post 5.94 EPS for the current fiscal year. Celanese Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Tuesday, July 28th were paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Tuesday, July 28th. Celanese’s payout ratio is presently -1.12%.
Insiders Place Their Bets In related news, SVP Mark Christopher Murray purchased 2,153 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were bought at an average price of $45.52 per share, for a total transaction of $98,004.56. Following the acquisition, the senior vice president directly owned 30,432 shares in the company, valued at $1,385,264.64. This trade represents a 7.61% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.34% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth A number of analysts have issued reports on the company. BMO Capital Markets cut their target price on Celanese from $57.00 to $54.00 and set a “market perform” rating on the stock in a research report on Wednesday, August 5th. Mizuho set a $50.00 price objective on Celanese in a report on Wednesday, August 5th. Citigroup decreased their target price on Celanese from $80.00 to $68.00 and set a “buy” rating on the stock in a research note on Wednesday, June 24th. Weiss Ratings restated a “sell (d-)” rating on shares of Celanese in a report on Tuesday, May 26th. Finally, Wells Fargo & Company dropped their target price on Celanese from $80.00 to $65.00 and set an “overweight” rating for the company in a research report on Thursday, August 6th. Nine investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $63.47.
Check Out Our Latest Research Report on Celanese
Celanese Profile (Free Report)
Celanese Corporation is a global chemical and specialty materials company that develops, manufactures and markets a broad portfolio of products serving diverse industries. The company operates through two primary business segments—Engineered Materials and Acetyl Chain—offering solutions that range from high-performance polymers and specialty additives to industrial chemicals and intermediates. Its engineered materials are used in applications such as automotive components, consumer electronics, medical devices and packaging, while its acetyl derivatives find uses in coatings, adhesives, solvents and personal care products.
In the Engineered Materials segment, Celanese produces a variety of high-performance thermoplastics, polyether-block-amide (PEBA) elastomers and functional additives designed to enhance product durability, thermal resistance and sustainability.
Read More Five stocks we like better than Celanese VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You? 3 Closed-End Funds to Maximize Dividend Payments Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy? $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over Want to see what other hedge funds are holding CE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Celanese Corporation (NYSE:CE – Free Report).
Receive News & Ratings for Celanese Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celanese and related companies with MarketBeat.com's FREE daily email newsletter.
Chuck Kyrish, a senior vice president and the chief financial officer, purchased 2,300 shares of Celanese Corporation (CE -0.38%) at $45.52 per share on August 14, 2026. SEC Form 4 filin.
Today's Change
(
-0.38
%) $
-0.18
Current Price
$
46.80
Transaction summaryMetricValueTransaction value$105,000Shares purchased2,300Post-transaction shares (directly held)29,114Post-transaction value$1.33 millionTransaction value based on SEC Form 4 weighted average purchase price ($45.52); post-transaction value based on the August 14, 2026 market close ($45.66).
Key questionsHow significant is this purchase relative to the executive's total equity holdings?
The acquisition of 2,300 shares represents a 9% increase in the CFO's direct stake, bringing the total position to 29,114 shares valued at $1.33 million as of the Aug. 14, 2026 market close.What is the current financial profile of the company at the time of this transaction?
Celanese is currently operating in the basic materials sector with a market capitalization of $5 billion and trailing twelve-month revenue of $9.7 billion, though it reported a net loss of $1.2 billion for the same period.How does the acquisition price compare to recent market valuation?
The shares were purchased at $45.52 per share, which sat slightly below the $45.66 closing price on the transaction date of Aug. 14, 2026.Company OverviewMetricValueShare Price (as of market close 2026-08-14)$45.66Market Capitalization$5.0 billionRevenue (TTM)$9.7 billionNet Income (TTM)-$1.2 billionCompany SnapshotCelanese Corporation manufactures and distributes engineered polymers and specialty materials, including ethylene acrylic elastomers, liquid crystal polymers, polyoxymethylene, and thermoplastic elastomers, generating revenue through two primary segments: Engineered Materials and Acetyl Chain.The company operates a vertically integrated business model that combines chemical production with polymer engineering, enabling it to capture value across the supply chain from raw materials through finished specialty polymer products.Celanese serves diverse end-markets including automotive, appliance, consumer electronics, industrial equipment, and pharmaceutical applications, with customers spanning original equipment manufacturers and industrial processors worldwide.Celanese Corporation is a global leader in engineered polymers and specialty materials with a market capitalization of $5.0 billion and TTM revenues of $9.7 billion. The company leverages its integrated Engineered Materials and Acetyl Chain segments to deliver high-performance polymeric solutions across automotive, industrial, and consumer markets. Despite near-term profitability challenges reflected in TTM net losses, Celanese maintains a substantial operational footprint with 11,434 employees and remains competitively positioned through its specialized polymer formulations and global distribution network.
What this transaction means for investorsThere are many reasons an insider may sell shares in a company. One reason could be the need to raise cash to fund a large personal expense. Another reason could be for a reasonable portfolio diversification unrelated to their outlook for the company. A third reason could be what investors fear most: a bearish outlook on the company's future.
However, there is only one reason an insider buys stock: they believe the share price is going up.
By that rule of thumb alone, Kyrish's purchase of Celanese shares is a bullish signal. That signal is further bolstered by studies showing that, more often than not, an insider purchase predicts a higher share price 30 days later.
Given that CFOs are at the nexus of company operations, he knows the business inside and out. His purchase is a counterpoint to the bearishness that Wall Street has for the business. In earnings at the start of the month, management gave 2026 guidance that was below consensus estimates. That implies lower sequential profits in the second half following strong second-quarter results.
Shares sold off, but then Kyrish became a buyer. This can be interpreted as an insider recognizing a buying opportunity. By some metrics, Celanese is trading well below its fair value. Kyrish's purchase is a sign for investors to dig deper for what could be an intriguing buying opportunity.
Brendan Coffey has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Key Takeaways Celanese and VIGOR are developing lightweight plastic joint solutions for humanoid robots. CE aims to cut joint module weight by more than 30% while maintaining strength and precision. The partnership could expand Celanese's engineered materials into industrial and service robotics. Celanese Corporation (CE - Free Report) has entered into a partnership with VIGOR Precision Ltd. to develop and commercialize lightweight plastic joint solutions for humanoid robots. The agreement was signed at Celanese’s Shanghai Commercial and Technology Center. It brings together CE’s expertise in high-performance engineering materials and VIGOR’s more than 40 years of experience in precision plastic gears and components.
The partnership targets a key challenge in humanoid robotics, reducing the weight of joint modules while maintaining strength, precision and durability. The companies aim to reduce the joint module's weight by more than 30% by replacing traditional metal components with high-performance plastics. Lower-weight joints could help improve robotic endurance, dynamic response and load-bearing performance, supporting the broader commercialization of humanoid robots as artificial intelligence and embodied intelligence gain traction.
Under the agreement, Celanese will provide VIGOR with targeted high-performance plastic materials and comprehensive technical support. The collaboration will focus on demanding requirements including high strength and rigidity, temperature resistance, thermal stability, precision transmission, self-lubrication, dimensional accuracy and extreme lightweighting. Celanese will also support customized material development, commercialization and lifecycle validation to help ensure consistent performance at mass-production scale.
The initiative provides Celanese with an opportunity to expand its engineered materials into the emerging robotics market, where demand is developing for compact, durable, lightweight and low-noise components. The companies plan to deepen their collaboration and accelerate commercialization of high-performance plastic joint solutions for industrial, commercial and specialized service robotics, potentially broadening Celanese’s exposure to a rapidly developing end market.
Per CE, robotics represents an increasingly important growth opportunity for engineered materials, as customers seek compact, durable, lightweight and low-noise solutions for demanding applications. The partnership combines CE’s advanced materials and application-development capabilities with VIGOR’s precision gear design and manufacturing expertise to support the development of next-generation robotic motion systems.
CE’s Price Performance
Shares of CE have gained 3.5% over the past year compared with a 1.6% fall in its industry.
Image Source: Zacks Investment Research
CE’s Zacks Rank & Key PicksCE currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the Basic Materials space are Worthington Steel, Inc. (WS - Free Report) , Carpenter Technology Corporation (CRS - Free Report) and Avient Corporation (AVNT - Free Report) . WS currently sports a Zacks Rank #1 (Strong Buy), while CRS and AVNT carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for WS’ current-year earnings stands at $3.4 per share, implying a 52.5% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in two of the trailing four quarters and missed twice, with the negative average surprise being 13.8%.
The Zacks Consensus Estimate for CRS’ current-year earnings is pegged at $12.92 per share, implying a 20.1% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 8.4%.
The Zacks Consensus Estimate for AVNT’s current-year earnings is pegged at $3.2 per share, indicating a 13.5% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 3.4%.
Bell & Brown Wealth Advisors LLC purchased a new stake in shares of Celanese Corporation (NYSE:CE – Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 44,737 shares of the basic materials company’s stock, valued at approximately $2,058,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Celanese by 41.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,450 shares of the basic materials company’s stock valued at $1,842,000 after buying an additional 9,543 shares during the period. NewEdge Advisors LLC increased its holdings in Celanese by 265.2% during the 1st quarter. NewEdge Advisors LLC now owns 5,032 shares of the basic materials company’s stock worth $286,000 after purchasing an additional 3,654 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of Celanese by 144.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,276 shares of the basic materials company’s stock worth $71,000 after buying an additional 755 shares during the period. Baird Financial Group Inc. lifted its holdings in shares of Celanese by 42.1% in the 2nd quarter. Baird Financial Group Inc. now owns 7,768 shares of the basic materials company’s stock worth $430,000 after buying an additional 2,303 shares during the period. Finally, California Public Employees Retirement System grew its position in shares of Celanese by 6.5% during the 2nd quarter. California Public Employees Retirement System now owns 184,980 shares of the basic materials company’s stock worth $10,235,000 after buying an additional 11,347 shares in the last quarter. 98.87% of the stock is currently owned by hedge funds and other institutional investors.
Celanese Stock Performance CE opened at $46.17 on Thursday. The company has a market cap of $5.07 billion, a P/E ratio of -4.32, a price-to-earnings-growth ratio of 0.29 and a beta of 0.76. The company has a quick ratio of 0.87, a current ratio of 1.45 and a debt-to-equity ratio of 2.33. The firm’s 50-day moving average price is $46.92 and its 200-day moving average price is $53.82. Celanese Corporation has a 52-week low of $35.13 and a 52-week high of $70.70.
Celanese (NYSE:CE – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $2.45 earnings per share for the quarter, beating analysts’ consensus estimates of $2.23 by $0.22. The firm had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.75 billion. Celanese had a negative net margin of 12.04% and a positive return on equity of 13.04%. The business’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.44 earnings per share. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. As a group, equities analysts anticipate that Celanese Corporation will post 5.94 EPS for the current fiscal year. Celanese Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Tuesday, July 28th were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Tuesday, July 28th. Celanese’s dividend payout ratio is -1.12%.
Analyst Ratings Changes A number of research firms have recently issued reports on CE. Royal Bank Of Canada increased their price objective on shares of Celanese from $66.00 to $68.00 and gave the company a “sector perform” rating in a research note on Monday, May 11th. Mizuho set a $50.00 price target on Celanese in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft set a $50.00 price objective on Celanese in a research note on Thursday, August 6th. BMO Capital Markets dropped their price objective on Celanese from $57.00 to $54.00 and set a “market perform” rating on the stock in a research report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. lifted their target price on Celanese from $53.00 to $68.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Nine analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Celanese presently has an average rating of “Hold” and a consensus target price of $63.47.
Check Out Our Latest Stock Analysis on CE
Insider Activity at Celanese In related news, SVP Mark Christopher Murray bought 2,153 shares of the stock in a transaction dated Tuesday, August 11th. The shares were purchased at an average price of $45.52 per share, for a total transaction of $98,004.56. Following the completion of the purchase, the senior vice president directly owned 30,432 shares of the company’s stock, valued at $1,385,264.64. This represents a 7.61% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.34% of the stock is owned by insiders.
About Celanese (Free Report)
Celanese Corporation is a global chemical and specialty materials company that develops, manufactures and markets a broad portfolio of products serving diverse industries. The company operates through two primary business segments—Engineered Materials and Acetyl Chain—offering solutions that range from high-performance polymers and specialty additives to industrial chemicals and intermediates. Its engineered materials are used in applications such as automotive components, consumer electronics, medical devices and packaging, while its acetyl derivatives find uses in coatings, adhesives, solvents and personal care products.
In the Engineered Materials segment, Celanese produces a variety of high-performance thermoplastics, polyether-block-amide (PEBA) elastomers and functional additives designed to enhance product durability, thermal resistance and sustainability.
See Also Five stocks we like better than Celanese Bloom Energy’s AI Surge Meets a Valuation Reality Check Target Is Winning Shoppers Back—Can the Rally Reach $180? IonQ’s Space Contract Points to a New Frontier for Quantum Investors Is Apple’s AI Strategy Smarter Than Skeptics Think? Want to see what other hedge funds are holding CE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Celanese Corporation (NYSE:CE – Free Report).
Receive News & Ratings for Celanese Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celanese and related companies with MarketBeat.com's FREE daily email newsletter.
DALLAS & SHANGHAI--(BUSINESS WIRE)--On August 14, Celanese Corporation (NYSE: CE), a global specialty materials and chemical company and a leading supplier of high performance engineering plastics, and VIGOR Precision Ltd., a global leader in precision plastic gears and components manufacturing, signed a strategic partnership agreement at the Celanese Shanghai Commercial and Technology Center to advance the development and commercialization of lightweight plastic joint solutions for humanoid robots.
VIGOR and Celanese Sign Strategic Partnership Agreement; Building a New Ecosystem for Lightweight Joint Solutions in Humanoid Robots
Share Based on the agreement, Celanese is to provide VIGOR with targeted high-performance plastic materials and comprehensive technical support, advancing the independent control and industrialization of materials for high-end core components in robotic applications. Key executives from both companies attended the signing ceremony to witness this significant milestone, including VIGOR CEO Hoi-sang Chan and Todd Elliott, Senior Vice President, Engineered Materials, at Celanese.
Addressing Industry Pain Points: Replacing Steel with High-Performance Plastics to Redefine Robotic Motion Performance
With the explosive growth of artificial intelligence and embodied intelligence, humanoid robotics have been gaining more traction in commercial applications. However, the weight of traditional metal joint modules severely limits operational endurance, dynamic response speed, and load-bearing capabilities of humanoid robots.
As an industry leader with over 40 years of expertise in precision plastic transmission systems, VIGOR has been dedicated to the research and development of high-precision plastic gears and components since its founding in 1982. Through the strategic partnership with Celanese, VIGOR has defined its core R&D objective for next-generation plastic joints for humanoid robots: reducing the weight of joint modules by more than 30 percent by replacing traditional metals with high-performance plastics, while ensuring transmission precision and long-term reliability.
Focus on Core Technology: Stringent Metrics Define Next-Generation Material Standards
Humanoid robot joints place extreme demands on the overall performance of materials during high-speed starts and stops, high-frequency reciprocating motion, and complex loading conditions. Based on the technical consensus between the companies, the partnership is committed to focusing on overcoming the core technical challenges related to high strength and high rigidity, exceptional temperature resistance and thermal stability, precision transmission and self-lubricating properties, and extreme lightweighting and dimensional accuracy.
Deep Integration: End-to-End Support from Material Selection to Mass Production
The agreement marks not only the establishment of a supplier-customer relationship but also represents deep technical integration across the entire industrial value chain. Celanese has agreed to provide customized material solutions aligned with VIGOR’s technical specifications, supporting targeted material commercialization, full lifecycle validation and consistent performance at mass production scale.
Hoi-sang Chan, CEO of VIGOR, stated at the signing ceremony: “VIGOR possesses deep technical expertise in precision plastic molding, while Celanese is a global leader in high-performance materials science. Today’s partnership marks a crucial step in infusing ‘material genetics’ into ‘precision manufacturing.’ We look forward to working closely together to achieve the precise formulation of high-performance materials for robotic joints, thereby clearing the way for the large-scale deployment of humanoid robots.”
“Robotics is an increasingly important growth area for engineered materials, with customers seeking compact, durable, lightweight and low-noise solutions that can perform reliably in demanding applications,” said Todd Elliott, Senior Vice President, Celanese Engineered Materials. “Through this partnership, we can bring Celanese materials science, application development and local technical capabilities together with VIGOR’s precision gear design and manufacturing expertise to help enable the next generation of robotic motion systems.”
The strategic partnership between VIGOR and Celanese marks a solid step forward in lightweighting core components for humanoid robots by replacing steel with high-performance plastic. Moving forward, the two companies intend to continue to deepen their collaborative innovation and accelerate the commercialization of high-performance plastic joint solutions for industrial, commercial and specialized service robotics applications.
To explore detailed product information at Celanese, visit https://askchemille.com.
For more information on VIGOR’s product offerings, please visit https://www.vigorprecision.com/.
About Celanese
Celanese is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We support sustainability by responsibly managing the materials we create and growing our portfolio of sustainable products to meet customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese Corporation is a Fortune 500 company that employs more than 11,000 employees worldwide with 2025 net sales of $9.5 billion.
About VIGOR
Vigor Precision Ltd. specializes in the design and production of high precision plastic gears and plastic components. With headquarters in Hong Kong and manufacturing facilities in mainland China, Vigor has approximately 3,000 employees in its operations across four different factories in Dongguan, with a production area of 230,000 m2. Vigor advocates for original innovation, integrated innovation and self-dependent innovation vigorously. Vigor is among the drafting committee of the plastic gear national standard GB/T 38192-2019, and also a member of AGMA and CGMA. In steady development, Vigor continues to enhance its comprehensive competitiveness.
Forward-Looking Statements
This release may contain “forward-looking statements,” which include information concerning Celanese’s plans, objectives, goals, strategies, financial condition, and other information that is not historical information. When used in this release, the words “projects,” “expects,” “anticipates,” “plans,” “intends,” “believes,” “will,” and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon current expectations and beliefs and various assumptions. There can be no assurance that Celanese will realize these expectations or that these beliefs will prove correct. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements contained in this release. Numerous factors, many of which are beyond Celanese’s control, could cause actual results to differ materially from those expressed as forward-looking statements. These factors include those that are discussed in Celanese’s filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and Celanese undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances.
Bank of America Corp DE trimmed its holdings in shares of Celanese Corporation (NYSE:CE – Free Report) by 10.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,418,609 shares of the basic materials company’s stock after selling 159,027 shares during the quarter. Bank of America Corp DE owned about 1.29% of Celanese worth $93,302,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the stock. EverSource Wealth Advisors LLC increased its holdings in shares of Celanese by 65.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,044 shares of the basic materials company’s stock valued at $69,000 after acquiring an additional 413 shares during the last quarter. California State Teachers Retirement System lifted its holdings in Celanese by 21.7% in the 1st quarter. California State Teachers Retirement System now owns 126,363 shares of the basic materials company’s stock worth $8,311,000 after purchasing an additional 22,537 shares during the last quarter. Evercore Wealth Management LLC bought a new stake in Celanese during the first quarter worth approximately $210,000. The Manufacturers Life Insurance Company boosted its position in Celanese by 2.3% during the first quarter. The Manufacturers Life Insurance Company now owns 24,890 shares of the basic materials company’s stock worth $1,637,000 after purchasing an additional 564 shares during the period. Finally, Quantinno Capital Management LP grew its holdings in Celanese by 102.7% during the first quarter. Quantinno Capital Management LP now owns 362,501 shares of the basic materials company’s stock valued at $23,842,000 after purchasing an additional 183,694 shares during the last quarter. 98.87% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets A number of analysts have recently weighed in on the stock. Citigroup reduced their price objective on shares of Celanese from $80.00 to $68.00 and set a “buy” rating for the company in a research note on Wednesday, June 24th. BMO Capital Markets lowered their target price on shares of Celanese from $57.00 to $54.00 and set a “market perform” rating on the stock in a research note on Wednesday. JPMorgan Chase & Co. lifted their target price on shares of Celanese from $53.00 to $68.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Wells Fargo & Company cut their target price on shares of Celanese from $80.00 to $65.00 and set an “overweight” rating for the company in a research report on Thursday. Finally, Zacks Research upgraded shares of Celanese from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 21st. Ten research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Celanese has a consensus rating of “Moderate Buy” and a consensus target price of $63.88.
Read Our Latest Research Report on Celanese
Celanese Stock Performance NYSE CE opened at $43.87 on Friday. The company’s fifty day moving average is $48.19 and its two-hundred day moving average is $53.88. Celanese Corporation has a 52-week low of $35.13 and a 52-week high of $70.70. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.45 and a quick ratio of 0.85. The firm has a market capitalization of $4.81 billion, a price-to-earnings ratio of -4.10, a P/E/G ratio of 0.27 and a beta of 0.76.
Celanese (NYSE:CE – Get Free Report) last released its earnings results on Tuesday, August 4th. The basic materials company reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.23 by $0.22. Celanese had a negative net margin of 12.04% and a positive return on equity of 13.04%. The business had revenue of $2.75 billion during the quarter, compared to analysts’ expectations of $2.75 billion. During the same quarter last year, the company earned $1.44 earnings per share. The firm’s revenue was up 8.7% on a year-over-year basis. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. Equities research analysts forecast that Celanese Corporation will post 6 EPS for the current year.
Celanese Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Tuesday, July 28th will be issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Tuesday, July 28th. Celanese’s dividend payout ratio (DPR) is presently -1.12%.
About Celanese (Free Report)
Celanese Corporation is a global chemical and specialty materials company that develops, manufactures and markets a broad portfolio of products serving diverse industries. The company operates through two primary business segments—Engineered Materials and Acetyl Chain—offering solutions that range from high-performance polymers and specialty additives to industrial chemicals and intermediates. Its engineered materials are used in applications such as automotive components, consumer electronics, medical devices and packaging, while its acetyl derivatives find uses in coatings, adhesives, solvents and personal care products.
In the Engineered Materials segment, Celanese produces a variety of high-performance thermoplastics, polyether-block-amide (PEBA) elastomers and functional additives designed to enhance product durability, thermal resistance and sustainability.
See Also Five stocks we like better than Celanese Quantum Earnings Week: Winners and Losers Are Finally Emerging Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish
Receive News & Ratings for Celanese Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celanese and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINECalifornia State Teachers Retirement System Raises Stock Position in IPG Photonics Corporation $IPGP
NEXT HEADLINE »Cantor Fitzgerald Issues Pessimistic Forecast for Sui Group (NASDAQ:SUIG) Stock Price
DuPont’s Electronics Spinoff: The Start of Something BigCelanese NYSE: CE executives said the company expects supply-chain conditions in its Acetyl Chain business to moderate during the second half of 2026, while cost actions, targeted growth initiatives and free-cash-flow generation remain central to its strategy.
During the company’s second-quarter earnings call, President and Chief Executive Officer Scott Richardson said Celanese benefited in the second quarter from the flexibility of its global production and supply-chain network, particularly as it worked to provide reliable supply to customers affected by disruptions. Europe was among the regions more acutely affected by the supply-chain crisis, he said.
Get Celanese alerts:
Buffett's latest portfolio additions, trims and cuts in Q3Richardson said the company’s prior expectation for moderation in the back half of the year was already incorporated in its $6 full-year guide. While Celanese received somewhat more benefit than expected in the second quarter, including a slight amount of engineered-materials pre-buying, the anticipated moderation has not been more severe than management expected.
Acetyl Chain Conditions Normalize Celanese expects third-quarter results to reflect higher inventory-absorption effects following the accelerated closure of its Lanaken facility and the pull-forward of certain engineered-materials closures. In addition, Richardson said the Ibn Sina joint venture did not operate for much of the second quarter, which is expected to reduce equity earnings by about $10 million for the year, with nearly all of that impact occurring in the third quarter.
Richardson said Acetyl Chain profitability has historically been weighted toward the Western Hemisphere, with more than 80% of profitability generated there in 12 of the past 15 years. Although Asian margins increased temporarily from late February into the early part of the second quarter, he said those gains were short-lived and had returned to pre-war levels by the middle of the quarter.
Western Hemisphere margins have not returned to pre-war levels, Richardson said, but the company expects markets to remain relatively constructive through year-end. Supply chains have normalized to some extent as material has flowed from regions outside the Middle East, a development that has created some margin compression. Celanese is seeking to contract business gained through its supply reliability for 2027 and beyond.
Acetyl Chain volumes were flat year over year in the second quarter. Richardson attributed that outcome largely to product mix, as gains in the vinyls chain were offset by continued destocking in acetate tow. He said destocking in acetate tow moderated during the quarter and customer order patterns have begun to normalize compared with last year, though some destocking is expected to continue in the second half.
The Lanaken closure is now expected to occur during the current quarter, sooner than previously anticipated. The earlier closure will produce a higher inventory-absorption impact in the second half, but Richardson said it should create a cleaner cost structure for 2027. Celanese expects to realize some related cost benefits in the fourth quarter, with a more substantial improvement next year.
Engineered Materials Emphasizes Value and Growth Niches In Engineered Materials, Celanese is concentrating on higher-value applications rather than pursuing broad volume growth. Richardson said the company has identified growth opportunities within more narrowly defined market segments, including data centers, medical applications, electronics and drug delivery.
Electronics currently represents about 10% of Engineered Materials revenue and 10% to 15% of its contribution margin, according to Richardson. Medical represents less than 10% of revenue but about 20% of contribution margin. The company believes those businesses can support durable growth through deeper customer alignment and differentiated product development.
Richardson also highlighted data-center applications, where the company is supplying materials and engaging in development work with customers. He said artificial-intelligence data-center servers require additional materials for connector protection, signal management, thermal management and wire-and-cable applications, creating what he described as a larger opportunity set than traditional servers.
Automotive volumes generally moved with lower vehicle builds during the quarter, he said. Excluding a divestiture, overall Engineered Materials volume was approximately flat year over year, as declines in automotive were offset by growth in non-auto markets. Richardson said the company is prioritizing revenue growth, share gains and product mix over volume growth in standard-grade automotive materials, particularly amid additional polymer capacity in China.
Management said it has implemented price increases in Engineered Materials to address raw-material inflation. Richardson said pricing strengthened through the second half of the second quarter, helping support margin expansion, but raw-material costs are expected to create pressure in the third quarter as they flow through inventory.
Cash Flow, Restructuring and Deleveraging Chief Financial Officer Chuck Kyrish reaffirmed Celanese’s expectation for $700 million to $800 million in free cash flow for 2026. The company generated $140 million of free cash flow in the second quarter despite nearly $200 million of working-capital use, primarily related to accounts receivable, he said.
Year to date, working capital represented nearly a $300 million use of cash. Kyrish said the company expects that effect to normalize in the second half and now anticipates full-year working capital to be neutral to slightly positive. He characterized the 2026 free-cash-flow range as a sustainable baseline for future years, with further potential from inventory reductions and lower restructuring cash costs.
Celanese expects $80 million to $100 million of cost reductions as it enters 2027. Kyrish said the company expects to capture roughly half of the benefits from its engineered-materials nylon restructuring in 2026, while it expects to realize about one-third of the savings from the Lanaken action this year. The remaining benefits are expected next year.
The company remains committed to its goal of $1 billion in divestitures by the end of 2027. Richardson said Celanese is about halfway toward that objective following the Micromax transaction and expects to announce at least one additional deal by the end of 2026.
Kyrish said Celanese expects to end 2026 with net debt of about $10 billion and aims to finish 2027 at about $9 billion. The company continues to view approximately three times net debt to EBITDA as its long-term leverage target, with its next objective being to move below four times leverage after crossing five times during 2026.
About Celanese (NYSE:CE)Celanese Corporation is a global chemical and specialty materials company that develops, manufactures and markets a broad portfolio of products serving diverse industries. The company operates through two primary business segments—Engineered Materials and Acetyl Chain—offering solutions that range from high-performance polymers and specialty additives to industrial chemicals and intermediates. Its engineered materials are used in applications such as automotive components, consumer electronics, medical devices and packaging, while its acetyl derivatives find uses in coatings, adhesives, solvents and personal care products.
In the Engineered Materials segment, Celanese produces a variety of high-performance thermoplastics, polyether-block-amide (PEBA) elastomers and functional additives designed to enhance product durability, thermal resistance and sustainability.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Should You Invest $1,000 in Celanese Right Now?Before you consider Celanese, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Celanese wasn't on the list.
While Celanese currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
The space race is growing fast, and you don’t have to have gotten in early on SpaceX to profit. This report shows seven space stocks you can buy today that may grow as rockets, satellites, defense, space internet, and new space technology become more important.
Celanese (CE - Free Report) came out with quarterly earnings of $2.45 per share, beating the Zacks Consensus Estimate of $2.21 per share. This compares to earnings of $1.44 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +10.86%. A quarter ago, it was expected that this chemical company would post earnings of $0.88 per share when it actually produced earnings of $0.85, delivering a surprise of -3.41%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Celanese, which belongs to the Zacks Chemical - Specialty industry, posted revenues of $2.75 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 3.69%. This compares to year-ago revenues of $2.53 billion. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Celanese shares have added about 3.8% since the beginning of the year versus the S&P 500's gain of 11%.
What's Next for Celanese?While Celanese has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Celanese was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.66 on $2.63 billion in revenues for the coming quarter and $6.01 on $9.89 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Chemical - Specialty is currently in the top 34% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Orion (OEC - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 5.
This producer of the chemcial additive carbon black is expected to post quarterly earnings of $0.11 per share in its upcoming report, which represents a year-over-year change of -65.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Orion's revenues are expected to be $474.5 million, up 1.7% from the year-ago quarter.
For the quarter ended June 2026, Celanese (CE - Free Report) reported revenue of $2.75 billion, up 8.7% over the same period last year. EPS came in at $2.45, compared to $1.44 in the year-ago quarter.
The reported revenue represents a surprise of +3.69% over the Zacks Consensus Estimate of $2.65 billion. With the consensus EPS estimate being $2.21, the EPS surprise was +10.86%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Celanese performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Volume - Acetyl Chain: 6% versus the three-analyst average estimate of 5.1%.Price - Engineered Materials: 6% compared to the -6.4% average estimate based on three analysts.Volume - Engineered Materials: 3% compared to the 4.8% average estimate based on three analysts.Price - Acetyl Chain: 22% compared to the 10.1% average estimate based on three analysts.Net Sales- Acetyl Chain: $1.33 billion versus the four-analyst average estimate of $1.22 billion. The reported number represents a year-over-year change of +19.2%.Net Sales- Intersegment Eliminations: $-23 million versus the four-analyst average estimate of $-27.5 million. The reported number represents a year-over-year change of -8%.Net Sales- Engineered Materials: $1.45 billion versus $1.42 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +0.3% change.Operating EBITDA- Acetyl Chain: $385 million compared to the $375.27 million average estimate based on four analysts.Operating EBITDA- Other Activities: $-71 million compared to the $-66.5 million average estimate based on four analysts.Operating EBITDA- Engineered Materials: $335 million versus the four-analyst average estimate of $309.08 million.View all Key Company Metrics for Celanese here>>>
Shares of Celanese have returned -7.9% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today reported second quarter 2026 U.S. GAAP diluted earnings per share of $1.15 and adjusted earnings per share of $2.45. Net sales of $2.8 billion increased 18 percent sequentially, reflecting a 4 percent increase in volume and a 14 percent increase in price. Results were driven by strong execution across both businesses, including favorable pricing and mix outcomes in Engineered Materials and strong commercial and operational execution within the Acetyl Chain. The quarter also benefited from continued momentum across targeted growth platforms, particularly in medical and electronics.
Celanese leveraged the flexibility of its global manufacturing and supply chain networks to capitalize on rapidly evolving market conditions while continuing to advance actions designed to improve the competitiveness, resilience, and earnings power of the portfolio. For the second quarter, the Company reported consolidated operating profit of $276 million, adjusted EBIT of $470 million, and operating EBITDA of $649 million at margins of 10, 17, and 24 percent, respectively.
During the quarter, Celanese continued to execute against its strategic priorities of driving growth, intensifying cost improvements, and strengthening cash generation to support deleveraging. Actions included completion of the Ulsan, South Korea Engineered Materials compounding unit closure, completion of the nylon 6,6 manufacturing network optimization ahead of schedule, and continued progress toward the planned closure of the acetate tow facility in Lanaken, Belgium. Together, these initiatives are expected to deliver in excess of $50 million of annualized fixed-cost savings while improving the long-term competitiveness of the portfolio.
“The second quarter demonstrated the agility and focus of Celanese and the benefits of the actions we are taking across both businesses,” said Scott Richardson, president and chief executive officer. “We delivered our highest adjusted earnings per share in nearly three years through commercial execution, continued progress in our growth initiatives, and the effectiveness of our global manufacturing and supply chain networks. At the same time, we advanced important portfolio, productivity, and footprint actions that are improving competitiveness, strengthening cash generation, supporting deleveraging, and positioning Celanese for continued earnings growth.”
Second Quarter 2026 Financial Highlights:
Three Months Ended
June 30,
2026
March 31,
2026
June 30,
2025
(unaudited)
(In $ millions, except per share data)
Net Sales
Engineered Materials
1,446
1,325
1,442
Acetyl Chain
1,329
1,036
1,115
Intersegment Eliminations
(23
)
(24
)
(25
)
Total
2,752
2,337
2,532
Operating Profit (Loss)
Engineered Materials
156
221
164
Acetyl Chain
237
95
153
Other Activities
(117
)
(102
)
(86
)
Total
276
214
231
Net Earnings (Loss)
129
48
200
Adjusted EBIT(1)
Engineered Materials
234
220
213
Acetyl Chain
321
131
195
Other Activities
(85
)
(76
)
(66
)
Total
470
275
342
Equity Earnings and Dividend Income
Engineered Materials
6
31
24
Acetyl Chain
44
2
43
Operating EBITDA(1)
649
455
530
Diluted EPS - continuing operations
$
1.15
$
0.41
$
1.89
Diluted EPS - total
$
1.13
$
0.40
$
1.80
Adjusted EPS(1)
$
2.45
$
0.85
$
1.43
Net cash provided by (used in) investing activities
(59
)
425
(88
)
Net cash provided by (used in) financing activities
(546
)
(3
)
(116
)
Net cash provided by (used in) operating activities
209
76
410
Free cash flow(1)
140
3
311
Recent Highlights:
Advanced the Engineered Materials Grow & Fortify strategy through the optimization of the Asia compounding network. Celanese completed the closure of its Ulsan, South Korea compounding facility and transitioned production to larger, more efficient assets in China and India, strengthening the regional supply chain while improving the competitiveness of the manufacturing footprint. Additionally, the business also completed, ahead of schedule, the previously announced optimization of the nylon 6,6 manufacturing network. Expanded the use of sustainable materials in automotive applications. As an example, Aisan Industry Kentucky, LLC, the consolidated subsidiary of Japan-based Aisan Industry Co., Ltd., adopted Celanese POM ECO-C for fuel pump modules supplied to a North American automaker, demonstrating continued commercial momentum for Celanese's lower-carbon engineered materials solutions and supporting customer sustainability objectives. Advanced downstream growth opportunities within the Acetyl Chain through sustainability-focused innovation. Celanese and Siegwerk, one of the world’s leading providers of printing inks and coatings for packaging applications and labels, announced a collaboration to support more sustainable printing ink solutions utilizing bio-based ethyl acetate, highlighting the Company's focus on higher-value downstream applications and customer-driven product innovation. Second Quarter Business Segment Overview
Engineered Materials
Engineered Materials reported second quarter net sales of $1.45 billion, a 9 percent sequential increase, consisting of a 3 percent increase in volume, a 6 percent increase in pricing, and a modest currency benefit. Results were driven by strong commercial execution, favorable pricing and mix, and continued momentum across strategic growth platforms, particularly in medical and electronics. The business reported second quarter operating profit of $156 million, adjusted EBIT of $234 million, and operating EBITDA of $335 million, with margins of 11, 16, and 23 percent, respectively. Performance benefited from improving portfolio mix, targeted growth initiatives, and ongoing execution of the Engineered Materials Grow & Fortify strategy. During the quarter, the business completed the previously announced Ulsan, South Korea compounding unit closure and nylon 6,6 network optimization ahead of schedule, as well as the successful execution of the business's largest POM turnaround in five years. Collectively, these actions strengthen the business' competitiveness, flexibility, and participation in higher-growth end markets.
Acetyl Chain
The Acetyl Chain reported second quarter net sales of $1.33 billion, a 28 percent sequential increase, consisting of increases of 6 percent in volume and 22 percent in price, with a small currency benefit. Results reflected the successful capture of pricing and margin opportunities and volume gains in the Western Hemisphere driven by Celanese's position as a reliable supplier via the business's integrated global network. The business delivered second quarter operating profit of $237 million, adjusted EBIT of $321 million, and operating EBITDA of $385 million at margins of 18, 24, and 29 percent, respectively. Performance highlighted the flexibility of the Acetyl Chain business model, as the Company leveraged its integrated global network, reliability of supply, and commercial agility to capture opportunities and strengthen customer relationships. During the quarter, Celanese completed the rapid restart of the Frankfurt VAM unit, optimized network utilization, and continued advancing downstream growth initiatives and productivity actions designed to improve the durability and earnings profile of the business.
Cash Flow and Tax
Celanese reported second quarter operating cash flow of $209 million and free cash flow of $140 million. Cash generation in the quarter reflected timing effects of working capital associated with the higher sales and earnings profile. Capital expenditures remained disciplined and aligned with the Company's deleveraging priorities.
The effective U.S. GAAP income tax rate was 8 percent, reflecting the impact of discrete items occurring during the second quarter, which was higher compared to the same period in 2025, primarily due to non-recurring favorable tax items for changes in uncertain tax positions related to prior year tax examinations and deferred tax benefits related to integration transactions in the prior year. The effective tax rate for 2026 adjusted earnings was also 8 percent for the second quarter, and we anticipate this rate for the full year 2026 based on expected jurisdictional earnings mix for the full year and consideration of other non-recurring U.S. GAAP items.
Outlook
“Looking to the third quarter, we expect continued moderation of supply-related opportunities, along with the impact of higher raw material costs in Engineered Materials and inventory-related actions associated with our nylon 6,6 and Lanaken footprint optimizations,” continued Richardson. “Based on these dynamics, we expect third quarter adjusted earnings per share of approximately $1.35 to $1.75.”
“While earnings are expected to moderate from the strong second quarter level, we remain focused on executing the initiatives within our control and continue to expect approximately $6.00 of adjusted earnings per share and $700 to $800 million of free cash flow for the full year. In the second quarter, we saw early benefits of our growth strategy and the increasing contribution of our growth platforms. Together with our productivity, portfolio, and footprint actions, these initiatives position Celanese to deliver strong performance in 2026 and create additional earnings growth opportunities in the years ahead,” Richardson concluded.
Reconciliations of forecasted non-GAAP measures such as adjusted earnings per share, adjusted EBIT, operating EBITDA or free cash flow to the equivalent U.S. GAAP measures (diluted earnings per share, net earnings (loss) attributable to Celanese Corporation and net cash provided by (used in) operations, respectively), are not available without unreasonable efforts because a forecast of Certain Items, such as mark-to-market pension gains/losses, and other items is not practical. For more information, see "Non-GAAP Financial Measures" below.
The Company's prepared remarks related to the second quarter will be posted on its website at investors.celanese.com under Financial Information/Financial Document Library on August 4, 2026. Information about Non-US GAAP measures is included in a Non-US GAAP Financial Measures and Supplemental Information document posted on our investor relations website under Financial Information/Non-GAAP Financial Measures. See also "Non-GAAP Financial Measures" below.
Celanese Corporation is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We support sustainability by responsibly managing the materials we create and growing our portfolio of sustainable products to meet customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese Corporation is a Fortune 500 company that employs more than 11,000 employees worldwide with 2025 net sales of $9.5 billion.
Forward-Looking Statements
This release may contain "forward-looking statements," which include information concerning the Company's plans, objectives, goals, strategies, future revenues, cash flow, financial performance, synergies, capital expenditures, deleveraging efforts, planned cost reductions, dividend policy, financing needs and other information that is not historical information. All forward-looking statements are based upon current expectations and beliefs and various assumptions. There can be no assurance that the Company will realize these expectations or that these beliefs will prove correct. There are a number of risks and uncertainties that could cause actual results to differ materially from the results expressed or implied in the forward-looking statements contained in this release. These risks and uncertainties include, among other things: the ability to successfully achieve planned cost reductions; changes in general economic, business, political and regulatory conditions in the countries or regions in which we operate; the length and depth of product and industry business cycles, particularly in the automotive, electrical, textiles, electronics and construction industries; potential liability resulting from pending or future claims or litigation, including investigations or enforcement actions, or from changes in the laws, regulations or policies of governments or other governmental activities, in the countries in which we operate; our level of indebtedness and our financial condition, each of which could diminish our ability to raise additional capital to fund operations, reduce our business and strategic flexibility, increase our interest expense, limit the success of our deleveraging efforts, and impact changes to our credit ratings, which could increase our interest expense in the event of additional downgrades; volatility or changes in the price and availability of raw materials and energy, particularly changes in the demand for, supply of, and market prices of ethylene, methanol, natural gas, carbon monoxide, wood pulp, hexamethylene diamine, Polyamide 66 ("PA66"), polybutylene terephthalate, ethanol, natural gas and fuel oil, and the prices for electricity and other energy sources; the ability to pass increases in raw materials prices, logistics costs and other costs on to customers or otherwise improve margins through price increases; the possibility that we will not be able to realize the anticipated benefits of the Mobility & Materials business (the "M&M Business") we acquired from DuPont de Nemours, Inc. (the "M&M Acquisition"), including synergies and growth opportunities, whether as a result of difficulties arising from the operation of the M&M Business or other unanticipated delays, costs, inefficiencies or liabilities; additional impairment of goodwill or intangible assets; increased commercial, legal or regulatory complexity of entering into, or expanding our exposure to, certain end markets and geographies; risks in the global economy and equity and credit markets and their potential impact on our ability to pay down debt in the future and/or refinance at suitable rates, in a timely manner, or at all; the ability to maintain plant utilization rates and to implement planned capacity additions, expansions and maintenance; the ability to reduce or maintain current levels of production costs and to improve productivity by implementing technological improvements to existing plants; increased price competition and the introduction of competing products by other companies; the ability to identify desirable potential acquisition or divestiture opportunities and to complete such transactions, including obtaining regulatory approvals, consistent with the Company's strategy; market acceptance of our products and technology; compliance and other costs and potential disruption or interruption of production or operations due to accidents, interruptions in sources of raw materials, transportation, logistics or supply chain disruptions, cybersecurity incidents, AI-related vulnerabilities, terrorism or political unrest, public health crises, or other unforeseen events or delays in construction or operation of facilities, including as a result of geopolitical conditions, the direct or indirect consequences of acts of war or conflict (such as the Russia-Ukraine conflict or conflicts in the Middle East) or terrorist incidents or as a result of fire, flood, hurricanes, other severe weather, natural disasters, other catastrophic events, or other crises; the ability to obtain governmental approvals and to construct facilities on terms and schedules acceptable to the Company; changes in applicable tariffs, duties, treaties and trade agreements, tax rates or legislation throughout the world including, but not limited to, anti-dumping and countervailing duties, adjustments, changes in estimates or interpretations or the resolution of tax examinations or audits that may impact recorded or future tax impacts and potential regulatory and legislative tax developments in the United States and other jurisdictions; changes in the degree of intellectual property and other legal protection afforded to our products or technologies, or the theft of such intellectual property; potential liability for remedial actions and increased costs under existing or future environmental, health and safety regulations, including those relating to climate change or other sustainability matters; changes in currency exchange rates and interest rates; tax rates and changes thereto; and various other factors discussed from time to time in the Company's filings with the Securities and Exchange Commission.
Any forward-looking statement speaks only as of the date on which it is made, and the Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances.
Non-GAAP Financial Measures
Presentation
This document presents the Company's two business segments, Engineered Materials and the Acetyl Chain.
Use of Non-US GAAP Financial Information
This release uses the following Non-US GAAP measures: adjusted EBIT, adjusted EBIT margin, operating EBITDA, operating EBITDA margin, adjusted earnings per share and free cash flow. These measures are not recognized in accordance with US GAAP and should not be viewed as an alternative to US GAAP measures of performance or liquidity. The most directly comparable financial measure presented in accordance with US GAAP in our consolidated financial statements for adjusted EBIT and operating EBITDA is net earnings (loss) attributable to Celanese Corporation; for adjusted EBIT margin is operating margin; for operating EBITDA margin is operating margin; for adjusted earnings per share is earnings (loss) from continuing operations attributable to Celanese Corporation per common share-diluted; and for free cash flow is net cash provided by (used in) operations.
Definitions of Non-US GAAP Financial Measures
Adjusted EBIT is a performance measure used by the Company and is defined by the Company as net earnings (loss) attributable to Celanese Corporation, plus (earnings) loss from discontinued operations, less interest income, plus interest expense, plus refinancing expense and taxes, and further adjusted for Certain Items (refer to Table 8 of our Non-US GAAP Financial Measures and Supplemental Information document). We do not provide reconciliations for adjusted EBIT on a forward-looking basis (including those contained in this document) when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of Certain Items, such as mark-to-market pension gains and losses, that have not yet occurred, are out of our control and/or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information. Adjusted EBIT margin is defined by the Company as adjusted EBIT divided by net sales. Operating EBITDA is a performance measure used by the Company and is defined by the Company as net earnings (loss) attributable to Celanese Corporation, plus (earnings) loss from discontinued operations, less interest income, plus interest expense, plus refinancing expense, taxes and depreciation and amortization, and further adjusted for Certain Items, which Certain Items include accelerated depreciation and amortization expense. Operating EBITDA is equal to adjusted EBIT plus depreciation and amortization. We do not provide reconciliations for operating EBITDA on a forward-looking basis (including those contained in this document) when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of Certain Items, such as mark-to-market pension gains and losses, that have not yet occurred, are out of our control and/or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information. Operating EBITDA margin is defined by the Company as operating EBITDA divided by net sales. Adjusted earnings per share is a performance measure used by the Company and is defined by the Company as earnings (loss) from continuing operations attributable to Celanese Corporation, adjusted for income tax (provision) benefit, Certain Items, and refinancing and related expenses, divided by the number of basic common shares and dilutive restricted stock units and stock options calculated using the treasury method. We do not provide reconciliations for adjusted earnings per share on a forward-looking basis (including those contained in this document) when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of Certain Items, such as mark-to-market pension gains and losses, that have not yet occurred, are out of our control and/or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information. Note: The income tax expense (benefit) on Certain Items ("Non-GAAP adjustments") is determined using the applicable rates in the taxing jurisdictions in which the Non-GAAP adjustments occurred and includes both current and deferred income tax expense (benefit). The income tax rate used for adjusted earnings per share approximates the midpoint in a range of forecasted tax rates for the year. This range may include certain partial or full-year forecasted tax opportunities and related costs, where applicable, and specifically excludes changes in uncertain tax positions, discrete recognition of GAAP items on a quarterly basis, other pre-tax items adjusted out of our GAAP earnings for adjusted earnings per share purposes and changes in management's assessments regarding the ability to realize deferred tax assets for GAAP. In determining the adjusted earnings per share tax rate, we reflect the impact of foreign tax credits when utilized, or expected to be utilized, absent discrete events impacting the timing of foreign tax credit utilization. We analyze this rate quarterly and adjust it if there is a material change in the range of forecasted tax rates; an updated forecast would not necessarily result in a change to our tax rate used for adjusted earnings per share. The adjusted tax rate is an estimate and may differ from the actual tax rate used for GAAP reporting in any given reporting period. Table 3a of our Non-US GAAP Financial Measures and Supplemental Information document summarizes the reconciliation of our estimated GAAP effective tax rate to the adjusted tax rate. The estimated GAAP rate excludes discrete recognition of GAAP items due to our inability to forecast such items. As part of the year-end reconciliation, we will update the reconciliation of the GAAP effective tax rate to the adjusted tax rate for actual results. Free cash flow is a liquidity measure used by the Company and is defined by the Company as net cash provided by (used in) operations, less capital expenditures on property, plant and equipment, and adjusted for contributions from or distributions to our noncontrolling interest joint ventures. We do not provide reconciliations for free cash flow on a forward-looking basis (including those contained in this document) when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of items such as working capital changes, fluctuations in foreign currency exchange rates, the impact and timing of potential acquisitions and divestitures, and other structural changes, that have not yet occurred, are out of our control and/or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information. Reconciliation of Non-US GAAP Financial Measures
Reconciliations of the Non-US GAAP financial measures used in this press release to the comparable US GAAP financial measure, together with information about the purposes and uses of Non-US GAAP financial measures, are included in our Non-US GAAP Financial Measures and Supplemental Information document filed as an exhibit to our Current Report on Form 8-K filed with the SEC on or about August 4, 2026 and also available on our website at investors.celanese.com under Financial Information/Financial Document Library.
Results Unaudited
The results in this document, together with the adjustments made to present the results on a comparable basis, have not been audited and are based on internal financial data furnished to management. Quarterly results should not be taken as an indication of the results of operations to be reported for any subsequent period or for the full fiscal year.
Beginning with the reporting period ending June 30, 2026, the Company revised its presentation of Equity Earnings and Dividend Income Attributable to Celanese Corporation. Previously, Other Income (Expense) Attributable to Celanese Corporation was included with the presentation of Equity Earnings and Dividend Income Attributable to Celanese Corporation. To provide a better understanding for readers of the U.S. GAAP results of the Company’s non-consolidated equity investments by presenting such results in isolation and better align with how management assesses such results, Other Income (Expense) Attributable to Celanese Corporation is now included with Non-Operating Pension, Other Post-Retirement Employee Benefit (Expense) Income Attributable to Celanese Corporation. Prior periods presented have been revised to reflect this change.
Certain prior period amounts have been revised to correct for certain prior period immaterial errors. See Note 1 to our Quarterly Report on Form 10-Q for the quarterly period ending June 30, 2026.
Supplemental Information
Additional information about our prior period performance is included in our Quarterly Reports on Form 10-Q and in our Non-US GAAP Financial Measures and Supplemental Information document.
Consolidated Statements of Operations - Unaudited
Three Months Ended
June 30,
2026
March 31,
2026
June 30,
2025
(In $ millions, except share and per share data)
Net sales
2,752
2,337
2,532
Cost of sales
(2,134
)
(1,869
)
(1,998
)
Gross profit
618
468
534
Selling, general and administrative expenses
(251
)
(226
)
(214
)
Amortization of intangible assets
(39
)
(40
)
(42
)
Research and development expenses
(29
)
(28
)
(31
)
Other (charges) gains, net
(31
)
(20
)
(20
)
Foreign exchange gain (loss), net
10
12
6
Gain (loss) on disposition of businesses and assets, net
(2
)
48
(2
)
Operating profit (loss)
276
214
231
Equity in net earnings (loss) of affiliates
11
35
29
Non-operating pension and other postretirement employee benefit (expense) income
5
5
1
Interest expense
(186
)
(183
)
(177
)
Interest income
10
9
7
Dividend income - equity investments
43
1
41
Other income (expense), net
(17
)
1
1
Earnings (loss) from continuing operations before tax
142
82
133
Income tax (provision) benefit
(11
)
(33
)
77
Earnings (loss) from continuing operations
131
49
210
Earnings (loss) from operation of discontinued operations
(2
)
(1
)
(10
)
Income tax (provision) benefit from discontinued operations
—
—
—
Earnings (loss) from discontinued operations
(2
)
(1
)
(10
)
Net earnings (loss)
129
48
200
Net (earnings) loss attributable to noncontrolling interests
(4
)
(4
)
(3
)
Net earnings (loss) attributable to Celanese Corporation
125
44
197
Amounts attributable to Celanese Corporation
Earnings (loss) from continuing operations
127
45
207
Earnings (loss) from discontinued operations
(2
)
(1
)
(10
)
Net earnings (loss)
125
44
197
Earnings (loss) per common share - basic
Continuing operations
1.16
0.41
1.89
Discontinued operations
(0.02
)
(0.01
)
(0.09
)
Net earnings (loss) - basic
1.14
0.40
1.80
Earnings (loss) per common share - diluted
Continuing operations
1.15
0.41
1.89
Discontinued operations
(0.02
)
(0.01
)
(0.09
)
Net earnings (loss) - diluted
1.13
0.40
1.80
Weighted average shares (in millions)
Basic
109.8
109.7
109.5
Diluted
110.2
110.0
109.7
Consolidated Balance Sheets - Unaudited
As of
June 30,
2026
As of
December 31,
2025
(In $ millions)
ASSETS
Current Assets
Cash and cash equivalents
1,364
1,263
Trade receivables - third party and affiliates, net
1,288
922
Non-trade receivables, net
581
545
Inventories
2,305
2,220
Assets held for sale
—
492
Other assets
257
251
Total current assets
5,795
5,693
Investments in affiliates
1,233
1,252
Property, plant and equipment, net
4,807
5,076
Operating lease right-of-use assets
417
359
Deferred income taxes
1,325
1,359
Other assets
605
601
Goodwill
4,151
4,171
Intangible assets, net
3,075
3,184
Total assets
21,408
21,695
LIABILITIES AND EQUITY
Current Liabilities
Short-term borrowings and current installments of long-term debt - third party and affiliates
1,311
1,204
Trade payables - third party and affiliates
1,485
1,279
Liabilities held for sale
—
75
Other liabilities
1,106
1,049
Income taxes payable
104
76
Total current liabilities
4,006
3,683
Long-term debt, net of unamortized deferred financing costs
10,696
11,394
Deferred income taxes
458
512
Uncertain tax positions
211
208
Benefit obligations
321
344
Operating lease liabilities
317
265
Other liabilities
811
817
Commitments and Contingencies
Shareholders' Equity
Treasury stock, at cost
(5,480
)
(5,482
)
Additional paid-in capital
450
431
Retained earnings
10,039
9,876
Accumulated other comprehensive income (loss), net
(842
)
(776
)
Total Celanese Corporation shareholders' equity
4,167
4,049
Noncontrolling interests
421
423
Total equity
4,588
4,472
Total liabilities and equity
21,408
21,695
Non-U.S. GAAP Financial Measures and Supplemental Information
August 4, 2026
In this document, the terms the "Company," "we" and "our" refer to Celanese Corporation and its subsidiaries on a consolidated basis.
Purpose
The purpose of this document is to provide information of interest to investors, analysts and other parties including supplemental financial information and reconciliations and other information concerning our use of non-U.S. GAAP financial measures. This document is updated quarterly.
Presentation
This document presents the Company's two business segments, Engineered Materials and the Acetyl Chain.
Use of Non-U.S. GAAP Financial Measures
From time to time, management may publicly disclose certain numerical "non-GAAP financial measures" in the course of our earnings releases, financial presentations, earnings conference calls, investor and analyst meetings and otherwise. For these purposes, the Securities and Exchange Commission ("SEC") defines a "non-GAAP financial measure" as a numerical measure of historical or future financial performance, financial position or cash flows that excludes amounts, or is subject to adjustments that effectively exclude amounts, included in the most directly comparable measure calculated and presented in accordance with U.S. GAAP, and vice versa for measures that include amounts, or are subject to adjustments that effectively include amounts, that are excluded from the most directly comparable U.S. GAAP measure so calculated and presented. For these purposes, "GAAP" refers to generally accepted accounting principles in the United States.
Non-GAAP financial measures disclosed by management are provided as additional information to investors, analysts and other parties because the Company believes them to be important supplemental measures for assessing our financial and operating results and as a means to evaluate our financial condition and period-to-period comparisons. These non-GAAP financial measures should be viewed as supplemental to, and should not be considered in isolation or as alternatives to, net earnings (loss), operating profit (loss), operating margin, cash flow from operating activities (together with cash flow from investing and financing activities), earnings per share or any other U.S. GAAP financial measure. These non-GAAP financial measures should be considered within the context of our complete audited and unaudited financial results for the given period, which are available on the Financial Information/Financial Document Library page of our website, investors.celanese.com. The definition and method of calculation of the non-GAAP financial measures used herein may be different from other companies' methods for calculating measures with the same or similar titles. Investors, analysts and other parties should understand how another company calculates such non-GAAP financial measures before comparing the other company's non-GAAP financial measures to any of our own. These non-GAAP financial measures may not be indicative of the historical operating results of the Company nor are they intended to be predictive or projections of future results.
Pursuant to the requirements of SEC Regulation G, whenever we refer to a non-GAAP financial measure, we will also present in this document, in the presentation itself or on a Form 8-K in connection with the presentation on the Financial Information/Financial Document Library page of our website, investors.celanese.com, to the extent practicable, the most directly comparable financial measure calculated and presented in accordance with GAAP, along with a reconciliation of the differences between the non-GAAP financial measure we reference and such comparable GAAP financial measure.
This document includes definitions and reconciliations of non-GAAP financial measures used from time to time by the Company.
Specific Measures Used
This document provides information about the following non-GAAP measures: adjusted EBIT, adjusted EBIT margin, operating EBITDA, operating EBITDA margin, operating profit (loss) attributable to Celanese Corporation, adjusted earnings per share, net debt, free cash flow and return on invested capital (adjusted). The most directly comparable financial measure presented in accordance with U.S. GAAP in our consolidated financial statements for adjusted EBIT and operating EBITDA is net earnings (loss) attributable to Celanese Corporation; for adjusted EBIT margin and operating EBITDA margin is operating margin; for operating profit (loss) attributable to Celanese Corporation is operating profit (loss); for adjusted earnings per share is earnings (loss) from continuing operations attributable to Celanese Corporation per common share-diluted; for net debt is total debt; for free cash flow is net cash provided by (used in) operations; and for return on invested capital (adjusted) is net earnings (loss) attributable to Celanese Corporation divided by the sum of the average of beginning and end of the year short- and long-term debt and Celanese Corporation shareholders' equity.
Definitions
Adjusted EBIT is a performance measure used by the Company and is defined by the Company as net earnings (loss) attributable to Celanese Corporation, plus (earnings) loss from discontinued operations, less interest income, plus interest expense, plus refinancing expense and taxes, and further adjusted for Certain Items (refer to Table 8). We believe that adjusted EBIT provides transparent and useful information to management, investors, analysts and other parties in evaluating and assessing our primary operating results from period-to-period after removing the impact of unusual, non-operational or restructuring-related activities that affect comparability. Our management recognizes that adjusted EBIT has inherent limitations because of the excluded items. Adjusted EBIT is one of the measures management uses for planning and budgeting, monitoring and evaluating financial and operating results and as a performance metric in the Company's incentive compensation plan. We do not provide reconciliations for adjusted EBIT on a forward-looking basis (including those contained in this document) when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of Certain Items, such as mark-to-market pension gains and losses, that have not yet occurred, are out of our control and/or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information. Adjusted EBIT margin is defined by the Company as adjusted EBIT divided by net sales. Adjusted EBIT margin has the same uses and limitations as adjusted EBIT. Operating EBITDA is a performance measure used by the Company and is defined by the Company as net earnings (loss) attributable to Celanese Corporation, plus (earnings) loss from discontinued operations, less interest income, plus interest expense, plus refinancing expense, taxes and depreciation and amortization, and further adjusted for Certain Items, which Certain Items include accelerated depreciation and amortization expense. Operating EBITDA is equal to adjusted EBIT plus depreciation and amortization. We believe that operating EBITDA provides transparent and useful information to investors, analysts and other parties in evaluating our operating performance relative to our peer companies. We do not provide reconciliations for operating EBITDA on a forward-looking basis (including those contained in this document) when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of Certain Items, such as mark-to-market pension gains and losses, that have not yet occurred, are out of our control and/or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information. Operating EBITDA margin is defined by the Company as operating EBITDA divided by net sales. Operating EBITDA margin has the same uses and limitations as operating EBITDA. Operating profit (loss) attributable to Celanese Corporation is defined by the Company as operating profit (loss), less earnings (loss) attributable to noncontrolling interests ("NCI"). We believe that operating profit (loss) attributable to Celanese Corporation provides transparent and useful information to management, investors, analysts and other parties in evaluating our core operational performance. Operating margin attributable to Celanese Corporation is defined by the Company as operating profit (loss) attributable to Celanese Corporation divided by net sales. Operating margin attributable to Celanese Corporation has the same uses and limitations as operating profit (loss) attributable to Celanese Corporation. Adjusted earnings per share is a performance measure used by the Company and is defined by the Company as earnings (loss) from continuing operations attributable to Celanese Corporation, adjusted for income tax (provision) benefit, Certain Items, and refinancing and related expenses, divided by the number of basic common shares and dilutive restricted stock units and stock options calculated using the treasury method. We believe that adjusted earnings per share provides transparent and useful information to management, investors, analysts and other parties in evaluating and assessing our primary operating results from period-to-period after removing the impact of the above stated items that affect comparability and as a performance metric in the Company's incentive compensation plan. We do not provide reconciliations for adjusted earnings per share on a forward-looking basis (including those contained in this document) when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of Certain Items, such as mark-to-market pension gains and losses, that have not yet occurred, are out of our control and/or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information. Note: The income tax expense (benefit) on Certain Items ("Non-GAAP adjustments") is determined using the applicable rates in the taxing jurisdictions in which the Non-GAAP adjustments occurred and includes both current and deferred income tax expense (benefit). The income tax rate used for adjusted earnings per share approximates the midpoint in a range of forecasted tax rates for the year. This range may include certain partial or full-year forecasted tax opportunities and related costs, where applicable, and specifically excludes changes in uncertain tax positions, discrete recognition of GAAP items on a quarterly basis, other pre-tax items adjusted out of our GAAP earnings for adjusted earnings per share purposes and changes in management's assessments regarding the ability to realize deferred tax assets for GAAP. In determining the adjusted earnings per share tax rate, we reflect the impact of foreign tax credits when utilized, or expected to be utilized, absent discrete events impacting the timing of foreign tax credit utilization. We analyze this rate quarterly and adjust it if there is a material change in the range of forecasted tax rates; an updated forecast would not necessarily result in a change to our tax rate used for adjusted earnings per share. The adjusted tax rate is an estimate and may differ from the actual tax rate used for GAAP reporting in any given reporting period. Table 3a summarizes the reconciliation of our estimated GAAP effective tax rate to the adjusted tax rate. The estimated GAAP rate excludes discrete recognition of GAAP items due to our inability to forecast such items. As part of the year-end reconciliation, we will update the reconciliation of the GAAP effective tax rate to the adjusted tax rate for actual results. Free cash flow is a liquidity measure used by the Company and is defined by the Company as net cash provided by (used in) operations, less capital expenditures on property, plant and equipment, and adjusted for contributions from or distributions to our NCI joint ventures. We believe that free cash flow provides useful information to management, investors, analysts and other parties in evaluating the Company's liquidity and credit quality assessment because it provides an indication of the long-term cash generating ability of our business. Although we use free cash flow as a measure to assess the liquidity generated by our business, the use of free cash flow has important limitations, including that free cash flow does not reflect the cash requirements necessary to service our indebtedness, lease obligations, unconditional purchase obligations or pension and postretirement funding obligations. Free cash flow is not a measure of cash available for discretionary expenditures since the Company has certain debt service and finance lease payments that are not deducted from that measure. We do not provide reconciliations for free cash flow on a forward-looking basis when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of items such as working capital changes, fluctuations in foreign currency exchange rates, the impact and timing of potential acquisitions and divestitures, and other structural changes, that have not yet occurred, are out of our control and/or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information. Net debt is defined by the Company as total debt less cash and cash equivalents. We believe that net debt provides useful information to management, investors, analysts and other parties in evaluating changes to the Company's capital structure and credit quality assessment. Return on invested capital (adjusted) is defined by the Company as adjusted EBIT, tax effected using the adjusted tax rate, divided by the sum of the average of beginning and end of the year short- and long-term debt and Celanese Corporation shareholders' equity. We believe that return on invested capital (adjusted) provides useful information to management, investors, analysts and other parties in order to assess our income generation from the point of view of our shareholders and creditors who provide us with capital in the form of equity and debt and whether capital invested in the Company yields competitive returns. Supplemental Information
Supplemental Information we believe to be of interest to investors, analysts and other parties includes the following:
Net sales for each of our business segments and the percentage increase or decrease in net sales attributable to price, volume, currency and other factors for each of our business segments. Cash dividends received from our equity investments. For those consolidated ventures in which the Company owns or is exposed to less than 100% of the economics, the outside shareholders' interests are shown as NCI. Amounts referred to as "attributable to Celanese Corporation" are net of any applicable NCI. Results Unaudited
The results in this document, together with the adjustments made to present the results on a comparable basis, have not been audited and are based on internal financial data furnished to management. Quarterly results should not be taken as an indication of the results of operations to be reported for any subsequent period or for the full fiscal year.
Beginning with the reporting period ending June 30, 2026, the Company revised its presentation of Equity Earnings and Dividend Income Attributable to Celanese Corporation. Previously, Other Income (Expense) Attributable to Celanese Corporation was included with the presentation of Equity Earnings and Dividend Income Attributable to Celanese Corporation. To provide a better understanding for readers of the U.S. GAAP results of the Company’s non-consolidated equity investments by presenting such results in isolation and better align with how management assesses such results, Other Income (Expense) Attributable to Celanese Corporation is now included with Non-Operating Pension, Other Post-Retirement Employee Benefit (Expense) Income Attributable to Celanese Corporation. Prior periods presented have been revised to reflect this change.
Certain prior period amounts have been revised to correct for certain prior period immaterial errors. See Note 1 to our Quarterly Report on Form 10-Q for the quarterly period ending June 30, 2026.
Table 1
Adjusted EBIT and Operating EBITDA - Reconciliation of Non-GAAP Measures - Unaudited
Q2 '26
Q1 '26
2025
Q4 '25
Q3 '25
Q2 '25
Q1 '25
(In $ millions)
Net earnings (loss) attributable to Celanese Corporation
125
44
(1,165
)
19
(1,357
)
197
(24
)
(Earnings) loss from discontinued operations
2
1
21
6
—
10
5
Interest income
(10
)
(9
)
(24
)
(6
)
(7
)
(7
)
(4
)
Interest expense
186
183
701
177
177
177
170
Refinancing expense
—
—
68
36
—
—
32
Income tax provision (benefit)
11
33
(90
)
(15
)
(7
)
(77
)
9
Certain Items attributable to Celanese Corporation (Table 8)
156
23
1,639
34
1,520
42
43
Adjusted EBIT
470
275
1,150
251
326
342
231
Depreciation and amortization expense(1)
179
180
743
184
191
188
180
Operating EBITDA
649
455
1,893
435
517
530
411
Q2 '26
Q1 '26
2025
Q4 '25
Q3 '25
Q2 '25
Q1 '25
(In $ millions)
Engineered Materials
43
3
6
1
3
2
—
Acetyl Chain
22
18
11
11
—
—
—
Other Activities(2)
—
—
—
—
—
—
—
Accelerated depreciation and amortization expense
65
21
17
12
3
2
—
Depreciation and amortization expense(1)
179
180
743
184
191
188
180
Total depreciation and amortization expense
244
201
760
196
194
190
180
Table 2
Supplemental Segment Data and Reconciliation of Segment Adjusted EBIT and Operating EBITDA - Non-GAAP Measures - Unaudited
Q2 '26
Q1 '26
2025
Q4 '25
Q3 '25
Q2 '25
Q1 '25
(In $ millions, except percentages)
Operating Profit (Loss) / Operating Margin
Engineered Materials
156
10.8
%
221
16.7
%
(958
)
(17.8
)%
111
8.7
%
(1,327
)
(95.9
)%
164
11.4
%
94
7.3
%
Acetyl Chain
237
17.8
%
95
9.2
%
539
12.7
%
90
9.6
%
135
12.7
%
153
13.7
%
161
14.4
%
Other Activities(1)
(117
)
(102
)
(367
)
(108
)
(83
)
(86
)
(90
)
Total
276
10.0
%
214
9.2
%
(786
)
(8.2
)%
93
4.2
%
(1,275
)
(52.7
)%
231
9.1
%
165
6.9
%
Less: Net Earnings (Loss) Attributable to NCI for Engineered Materials
2
2
6
—
3
1
2
Less: Net Earnings (Loss) Attributable to NCI for Acetyl Chain
2
2
8
3
1
2
2
Operating Profit (Loss) Attributable to Celanese Corporation
272
9.9
%
210
9.0
%
(800
)
(8.4
)%
90
4.1
%
(1,279
)
(52.9
)%
228
9.0
%
161
6.7
%
Operating Profit (Loss) / Operating Margin Attributable to Celanese Corporation
Engineered Materials
154
10.7
%
219
16.5
%
(964
)
(17.9
)%
111
8.7
%
(1,330
)
(96.1
)%
163
11.3
%
92
7.1
%
Acetyl Chain
235
17.7
%
93
9.0
%
531
12.5
%
87
9.3
%
134
12.6
%
151
13.5
%
159
14.2
%
Other Activities(1)
(117
)
(102
)
(367
)
(108
)
(83
)
(86
)
(90
)
Total
272
9.9
%
210
9.0
%
(800
)
(8.4
)%
90
4.1
%
(1,279
)
(52.9
)%
228
9.0
%
161
6.7
%
Equity Earnings and Dividend Income Attributable to Celanese Corporation
Engineered Materials
6
(2)
31
105
32
33
24
16
Acetyl Chain
44
2
131
42
43
43
3
Other Activities(1)
4
3
13
3
3
3
4
Total
54
36
249
77
79
70
23
Non-Operating Pension, Other Post-Retirement Employee Benefit and Other Income (Expense) Attributable to Celanese Corporation
Engineered Materials
(16
)
1
7
3
2
1
1
Acetyl Chain
—
—
1
—
1
—
—
Other Activities(1)
4
5
54
47
3
1
3
Total
(12
)
6
62
50
6
2
4
Certain Items Attributable to Celanese Corporation (Table 8)
Engineered Materials
90
(31
)
1,572
37
1,495
25
15
Acetyl Chain
42
36
32
17
9
1
5
Other Activities(1)
24
18
35
(20
)
16
16
23
Total
156
23
1,639
34
1,520
42
43
Adjusted EBIT / Adjusted EBIT Margin
Engineered Materials
234
16.2
%
220
16.6
%
720
13.4
%
183
14.3
%
200
14.5
%
213
14.8
%
124
9.6
%
Acetyl Chain
321
24.2
%
131
12.6
%
695
16.4
%
146
15.5
%
187
17.6
%
195
17.5
%
167
15.0
%
Other Activities(1)
(85
)
(76
)
(265
)
(78
)
(61
)
(66
)
(60
)
Total
470
17.1
%
275
11.8
%
1,150
12.0
%
251
11.4
%
326
13.5
%
342
13.5
%
231
9.7
%
Table 2
Supplemental Segment Data and Reconciliation of Segment Adjusted EBIT and Operating EBITDA - Non-GAAP Measures - Unaudited (cont.)
Q2 '26
Q1 '26
2025
Q4 '25
Q3 '25
Q2 '25
Q1 '25
(In $ millions, except percentages)
Depreciation and Amortization Expense(1)
Engineered Materials
101
104
441
105
115
112
109
Acetyl Chain
64
63
252
64
63
64
61
Other Activities(2)
14
13
50
15
13
12
10
Total
179
180
743
184
191
188
180
Operating EBITDA / Operating EBITDA Margin
Engineered Materials
335
23.2
%
324
24.5
%
1,161
21.5
%
288
22.6
%
315
22.8
%
325
22.5
%
233
18.1
%
Acetyl Chain
385
29.0
%
194
18.7
%
947
22.4
%
210
22.3
%
250
23.6
%
259
23.2
%
228
20.4
%
Other Activities(2)
(71
)
(63
)
(215
)
(63
)
(48
)
(54
)
(50
)
Total
649
23.6
%
455
19.5
%
1,893
19.8
%
435
19.7
%
517
21.4
%
530
20.9
%
411
17.2
%
Table 3
Adjusted Earnings (Loss) per Share - Reconciliation of a Non-GAAP Measure - Unaudited
Q2 '26
Q1 '26
2025
Q4 '25
Q3 '25
Q2 '25
Q1 '25
per share
per share
per share
per share
per share
per share
per share
(In $ millions, except per share data)
Earnings (loss) from continuing operations attributable to Celanese Corporation
127
1.15
45
0.41
(1,144
)
(10.44
)
25
0.23
(1,357
)
(12.39
)
207
1.89
(19
)
(0.17
)
Income tax provision (benefit)
11
33
(90
)
(15
)
(7
)
(77
)
9
Earnings (loss) from continuing operations before tax
138
78
(1,234
)
10
(1,364
)
130
(10
)
Certain Items attributable to Celanese Corporation (Table 8)
156
23
1,639
34
1,520
42
43
Refinancing and related expenses
—
—
68
36
—
—
32
Adjusted earnings (loss) from continuing operations before tax
294
101
473
80
156
172
65
Income tax (provision) benefit on adjusted earnings(1)
(24
)
(8
)
(36
)
(6
)
(9
)
(15
)
(6
)
Adjusted earnings (loss) from continuing operations(2)
270
2.45
93
0.85
437
3.98
74
0.67
147
1.34
157
1.43
59
0.54
Diluted shares (in millions)(3)
Weighted average shares outstanding
109.8
109.7
109.5
109.6
109.6
109.5
109.4
Incremental shares attributable to equity awards
0.4
0.3
0.2
0.2
—
0.2
—
Total diluted shares
110.2
110.0
109.7
109.8
109.6
109.7
109.4
Q2 '26
Q1 '26
2025
Q4 '25
Q3 '25
Q2 '25
Q1 '25
Adjusted effective tax rate
8
8
8
8
6
9
9
Actual Plan
Asset Returns
Expected
Plan Asset
Returns
(In percentages)
2025
7.8
5.3
Table 3a
Adjusted Tax Rate - Reconciliation of a Non-GAAP Measure - Unaudited
Estimated
Actual
2026
2025
(In percentages)
U.S. GAAP annual effective tax rate
21
7
Discrete quarterly recognition of GAAP items(1)
(2
)
17
Tax impact of other charges and adjustments(2)
(3
)
(12
)
Utilization of foreign tax credits
(5
)
—
Changes in valuation allowances, excluding impact of other charges and adjustments(3)
2
(12
)
Other, includes effect of discrete current year transactions(4)
(5
)
8
Adjusted tax rate
8
8
____________________
Note: As part of the year-end reconciliation, we will update the reconciliation of the GAAP effective tax rate for actual results.
(1) Such as changes in tax laws (including U.S. tax reform), deferred taxes on outside basis differences, changes in uncertain tax positions and prior year audit adjustments.
(2) Reflects the tax impact on pre-tax adjustments presented in Certain Items (Table 8), which are excluded from pre-tax income for adjusted earnings per share purposes.
(3) Reflects changes in valuation allowances related to changes in judgment regarding the realizability of deferred tax assets or current year operations, excluding other charges and adjustments.
(4) Includes tax impacts related to full-year actual tax opportunities and related costs, as well as current year realization of U.S. GAAP benefits deferred in prior years.
Table 4
Net Sales by Segment - Unaudited
Q2 '26
Q1 '26
2025
Q4 '25
Q3 '25
Q2 '25
Q1 '25
(In $ millions)
Engineered Materials
1,446
1,325
5,390
1,277
1,384
1,442
1,287
Acetyl Chain
1,329
1,036
4,232
940
1,061
1,115
1,116
Intersegment eliminations(1)
(23
)
(24
)
(78
)
(13
)
(26
)
(25
)
(14
)
Net sales
2,752
2,337
9,544
2,204
2,419
2,532
2,389
Table 4a
Factors Affecting Segment Net Sales Sequentially - Unaudited
Three Months Ended June 30, 2026 Compared to Three Months Ended March 31, 2026
Volume
Price
Currency
Total
(In percentages)
Engineered Materials
3
6
—
9
(1)
Acetyl Chain
6
22
—
28
Total Company
4
14
—
18
Three Months Ended March 31, 2026 Compared to Three Months Ended December 31, 2025
Volume
Price
Currency
Total
(In percentages)
Engineered Materials
3
—
1
4
Acetyl Chain
8
1
1
10
Total Company
5
—
1
6
Three Months Ended December 31, 2025 Compared to Three Months Ended September 30, 2025
Volume
Price
Currency
Total
(In percentages)
Engineered Materials
(6
)
(2
)
—
(8
)
Acetyl Chain
(10
)
(1
)
—
(11
)
Total Company
(7
)
(2
)
—
(9
)
Three Months Ended September 30, 2025 Compared to Three Months Ended June 30, 2025
Volume
Price
Currency
Total
(In percentages)
Engineered Materials
(6
)
1
1
(4
)
Acetyl Chain
(2
)
(4
)
1
(5
)
Total Company
(4
)
(1
)
1
(4
)
Three Months Ended June 30, 2025 Compared to Three Months Ended March 31, 2025
Volume
Price
Currency
Total
(In percentages)
Engineered Materials
9
—
3
12
Acetyl Chain
(1
)
(2
)
3
—
Total Company
4
(1
)
3
6
Three Months Ended March 31, 2025 Compared to Three Months Ended December 31, 2024
Volume
Price
Currency
Total
(In percentages)
Engineered Materials
—
2
(1
)
1
Acetyl Chain
3
(1
)
(1
)
1
Total Company
2
—
(1
)
1
Table 4b Factors Affecting Segment Net Sales Year Over Year - Unaudited
Three Months Ended June 30, 2026 Compared to Three Months Ended June 30, 2025
Volume
Price
Currency
Total
(In percentages)
Engineered Materials
(6
)
5
1
—
(1)
Acetyl Chain
—
18
1
19
Total Company
(3
)
11
1
9
Three Months Ended March 31, 2026 Compared to Three Months Ended March 31, 2025
Volume
Price
Currency
Total
(In percentages)
Engineered Materials
—
(1
)
4
3
Acetyl Chain
(7
)
(4
)
4
(7
)
Total Company
(3
)
(3
)
4
(2
)
Three Months Ended December 31, 2025 Compared to Three Months Ended December 31, 2024
Volume
Price
Currency
Total
(In percentages)
Engineered Materials
(2
)
—
3
1
Acetyl Chain
(10
)
(7
)
2
(15
)
Total Company
(6
)
(3
)
2
(7
)
Three Months Ended September 30, 2025 Compared to Three Months Ended September 30, 2024
Volume
Price
Currency
Total
(In percentages)
Engineered Materials
(8
)
(1
)
2
(7
)
Acetyl Chain
(4
)
(8
)
1
(11
)
Total Company
(6
)
(4
)
1
(9
)
Three Months Ended June 30, 2025 Compared to Three Months Ended June 30, 2024
Volume
Price
Currency
Total
(In percentages)
Engineered Materials
(3
)
(1
)
2
(2
)
Acetyl Chain
(2
)
(7
)
2
(7
)
Total Company
(2
)
(4
)
2
(4
)
Three Months Ended March 31, 2025 Compared to Three Months Ended March 31, 2024
Volume
Price
Currency
Total
(In percentages)
Engineered Materials
(4
)
(2
)
(1
)
(7
)
Acetyl Chain
(6
)
(4
)
(1
)
(11
)
Total Company
(5
)
(3
)
(1
)
(9
)
Table 4c Factors Affecting Segment Net Sales Year Over Year - Unaudited
Year Ended December 31, 2025 Compared to Year Ended December 31, 2024
Volume
Price
Currency
Total
(In percentages)
Engineered Materials
(4
)
(1
)
1
(4
)
Acetyl Chain
(6
)
(6
)
1
(11
)
Total Company
(4
)
(4
)
1
(7
)
Table 5 Free Cash Flow - Reconciliation of a Non-GAAP Measure - Unaudited
Q2 '26
Q1 '26
2025
Q4 '25
Q3 '25
Q2 '25
Q1 '25
(In $ millions, except percentages)
Net cash provided by (used in) investing activities
(59
)
425
(349
)
(104
)
(59
)
(88
)
(98
)
Net cash provided by (used in) financing activities
(546
)
(3
)
(513
)
(324
)
(118
)
(116
)
45
Net cash provided by (used in) operating activities
209
76
1,146
252
447
410
37
Capital expenditures on property, plant and equipment
(62
)
(66
)
(343
)
(84
)
(64
)
(93
)
(102
)
Contributions from/(Distributions) to NCI
(7
)
(7
)
(30
)
(8
)
(8
)
(6
)
(8
)
Free cash flow(1)
140
3
773
160
375
311
(73
)
Net sales
2,752
2,337
9,544
2,204
2,419
2,532
2,389
Free cash flow as % of Net sales
5.1
%
0.1
%
8.1
%
7.3
%
15.5
%
12.3
%
(3.1
)%
Table 6
Cash Dividends Received - Unaudited
Q2 '26
Q1 '26
2025
Q4 '25
Q3 '25
Q2 '25
Q1 '25
(In $ millions)
Dividends from equity method investments
16
54
139
47
40
21
31
Dividends from equity investments without readily determinable fair values
43
1
122
40
40
41
1
Total
59
55
261
87
80
62
32
Table 7
Net Debt - Reconciliation of a Non-GAAP Measure - Unaudited
Q2 '26
Q1 '26
2025
Q4 '25
Q3 '25
Q2 '25
Q1 '25
(In $ millions)
Short-term borrowings and current installments of long-term debt - third party and affiliates
1,311
1,741
1,204
1,204
1,199
252
406
Long-term debt, net of unamortized deferred financing costs
10,696
10,813
11,394
11,394
11,655
12,689
12,378
Total debt
12,007
12,554
12,598
12,598
12,854
12,941
12,784
Cash and cash equivalents
(1,364
)
(1,758
)
(1,263
)
(1,263
)
(1,440
)
(1,173
)
(951
)
Net debt
10,643
10,796
11,335
11,335
11,414
11,768
11,833
Table 8
Certain Items - Unaudited
The following Certain Items attributable to Celanese Corporation are included in Net earnings (loss) and are adjustments to non-GAAP measures:
Q2 '26
Q1 '26
2025
Q4 '25
Q3 '25
Q2 '25
Q1 '25
Income Statement Classification
(In $ millions)
Exit and shutdown costs
121
44
98
29
10
27
32
Cost of sales / SG&A / Other (charges) gains, net / Gain (loss) on disposition of businesses and assets, net / Non-operating pension and other postretirement employee benefit (expense) income
Asset impairments
—
—
1,513
27
(1)
1,486
(2)
—
—
Cost of sales / Other (charges) gains, net
Impact from plant incidents and natural disasters
—
11
3
—
—
—
3
Cost of sales
Mergers, acquisitions and dispositions
35
15
52
23
12
12
5
Cost of sales / SG&A
Actuarial (gain) loss on pension and postretirement plans
—
—
(49
)
(49
)
—
—
—
Cost of sales / SG&A / Non-operating pension and other postretirement employee benefit (expense) income
Legal settlements and commercial disputes
4
3
17
1
11
2
3
Cost of sales / SG&A / Other (charges) gains, net
(Gain) loss on disposition of businesses and assets
(4
)
(50
)
—
—
—
—
—
Gain (loss) on disposition of businesses and assets, net
Other
—
—
5
3
1
1
—
Cost of sales / SG&A
Certain Items attributable to Celanese Corporation
156
23
1,639
34
1,520
42
43
Table 9
Return on Invested Capital (Adjusted) - Presentation of a Non-GAAP Measure - Unaudited
2025
(In $ millions, except percentages)
Net earnings (loss) attributable to Celanese Corporation
(1,165
)
Adjusted EBIT (Table 1)
1,150
Adjusted effective tax rate (Table 3a)
8
%
Adjusted EBIT tax effected
1,058
2025
2024
Average
(In $ millions, except percentages)
Short-term borrowings and current installments of long-term debt - third parties and affiliates
1,204
1,501
1,353
Long-term debt, net of unamortized deferred financing costs
11,394
11,078
11,236
Celanese Corporation shareholders' equity
4,049
5,129
4,589
Invested capital
17,178
Return on invested capital (adjusted)
6.2
%
Net earnings (loss) attributable to Celanese Corporation as a percentage of invested capital
DALLAS--(BUSINESS WIRE)---- $CE--Amsterdam District Court Rules in Favor of Celanese and its Co-Defendants in Shell and Repsol Cases, Dismissing All Claims.
Celanese (CE - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 4. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis chemical company is expected to post quarterly earnings of $2.21 per share in its upcoming report, which represents a year-over-year change of +53.5%.
Revenues are expected to be $2.65 billion, up 4.8% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.94% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Celanese?For Celanese, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Celanese will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Celanese would post earnings of $0.88 per share when it actually produced earnings of $0.85, delivering a surprise of -3.41%.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Celanese doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerMinerals Technologies (MTX - Free Report) , another stock in the Zacks Chemical - Specialty industry, is expected to report earnings per share of $1.64 for the quarter ended June 2026. This estimate points to a year-over-year change of +5.8%. Revenues for the quarter are expected to be $561.3 million, up 6.1% from the year-ago quarter.
The consensus EPS estimate for Minerals Technologies has been revised 0.9% higher over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +0.61%.
When combined with a Zacks Rank of #2 (Buy), this Earnings ESP indicates that Minerals Technologies will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Bank of New York Mellon Corp increased its position in Celanese Corporation (NYSE:CE – Free Report) by 2.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 695,758 shares of the basic materials company’s stock after acquiring an additional 14,487 shares during the period. Bank of New York Mellon Corp owned approximately 0.63% of Celanese worth $45,760,000 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of CE. JPMorgan Chase & Co. grew its stake in shares of Celanese by 12.8% in the third quarter. JPMorgan Chase & Co. now owns 259,196 shares of the basic materials company’s stock worth $10,907,000 after purchasing an additional 29,392 shares in the last quarter. Capital Research Global Investors grew its position in Celanese by 24.0% in the 4th quarter. Capital Research Global Investors now owns 5,565,556 shares of the basic materials company’s stock valued at $235,312,000 after buying an additional 1,076,645 shares in the last quarter. QSM Asset Management Ltd increased its stake in Celanese by 102.2% during the 4th quarter. QSM Asset Management Ltd now owns 84,698 shares of the basic materials company’s stock valued at $3,581,000 after buying an additional 42,800 shares during the period. Hsbc Holdings PLC lifted its stake in shares of Celanese by 208.3% in the 4th quarter. Hsbc Holdings PLC now owns 105,435 shares of the basic materials company’s stock worth $4,460,000 after acquiring an additional 71,238 shares during the period. Finally, U.S. Capital Wealth Advisors LLC lifted its stake in shares of Celanese by 113.1% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 152,291 shares of the basic materials company’s stock worth $6,439,000 after acquiring an additional 80,827 shares during the period. 98.87% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets Several equities research analysts recently commented on CE shares. Zacks Research raised Celanese from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 21st. Morgan Stanley decreased their target price on Celanese from $72.00 to $58.00 and set an “equal weight” rating for the company in a research note on Thursday, July 16th. Bank of America dropped their price target on shares of Celanese from $72.00 to $63.00 and set a “buy” rating on the stock in a research report on Tuesday, June 30th. Wells Fargo & Company raised their price objective on shares of Celanese from $75.00 to $80.00 and gave the company an “overweight” rating in a research report on Friday, May 8th. Finally, Citigroup dropped their target price on shares of Celanese from $80.00 to $68.00 and set a “buy” rating on the stock in a report on Wednesday, June 24th. Ten investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $65.94.
Get Our Latest Stock Analysis on Celanese
Celanese Stock Performance Shares of CE stock opened at $46.38 on Friday. The firm has a market cap of $5.09 billion, a P/E ratio of -4.63, a PEG ratio of 0.29 and a beta of 0.76. The stock’s 50-day moving average is $49.99 and its two-hundred day moving average is $53.95. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.38 and a quick ratio of 0.85. Celanese Corporation has a fifty-two week low of $35.13 and a fifty-two week high of $70.70.
Celanese (NYSE:CE – Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $0.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by ($0.03). Celanese had a positive return on equity of 9.92% and a negative net margin of 11.54%.The company had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. During the same quarter last year, the company posted $0.57 EPS. The business’s revenue was down 2.2% compared to the same quarter last year. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. Analysts predict that Celanese Corporation will post 6.01 earnings per share for the current fiscal year.
Celanese Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Tuesday, July 28th will be given a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.3%. The ex-dividend date is Tuesday, July 28th. Celanese’s dividend payout ratio (DPR) is currently -1.20%.
Celanese Company Profile (Free Report)
Celanese Corporation is a global chemical and specialty materials company that develops, manufactures and markets a broad portfolio of products serving diverse industries. The company operates through two primary business segments—Engineered Materials and Acetyl Chain—offering solutions that range from high-performance polymers and specialty additives to industrial chemicals and intermediates. Its engineered materials are used in applications such as automotive components, consumer electronics, medical devices and packaging, while its acetyl derivatives find uses in coatings, adhesives, solvents and personal care products.
In the Engineered Materials segment, Celanese produces a variety of high-performance thermoplastics, polyether-block-amide (PEBA) elastomers and functional additives designed to enhance product durability, thermal resistance and sustainability.
Recommended Stories Five stocks we like better than Celanese AMD and Cerbras Create A New Blueprint For Hardware Intel Earnings Reveal Whether the Chip Selloff Created a Buy CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test Plugging In: How Kinder Morgan Powers Up Profits Want to see what other hedge funds are holding CE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Celanese Corporation (NYSE:CE – Free Report).
Receive News & Ratings for Celanese Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celanese and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEPTC Therapeutics, Inc. $PTCT Shares Purchased by Fifth Third Bancorp
NEXT HEADLINE »Assetmark Inc. Grows Holdings in Insight Enterprises, Inc. $NSIT
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today declared a quarterly cash dividend of $0.03 per share on its common stock, payable August 10, 2026.
The dividend is payable to stockholders of record as of July 28, 2026.
About Celanese
Celanese is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We support sustainability by responsibly managing the materials we create and growing our portfolio of sustainable products to meet customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese Corporation is a Fortune 500 company that employs more than 11,000 employees worldwide with 2025 net sales of $9.5 billion.
Investors in Celanese Corporation (CE - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 18, 2026 $22.50 Call had some of the highest implied volatility of all equity options today.
What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?Clearly, options traders are pricing in a big move for Celanese shares, but what is the fundamental picture for the company? Currently, Celanese is a Zacks Rank #3 (Hold) in the Chemical – Specialty industry that ranks in the Top 33% of our Zacks Industry Rank. Over the last 30 days, two analysts have increased their earnings estimates for the current quarter, while none have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from $2.10 per share to $2.23 in that period.
Given the way analysts feel about Celanese right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced that it will host a conference call to discuss its second quarter 2026 results on Wednesday, August 5, 2026, beginning at 10:00 a.m. ET.
The conference call will be available by webcast at https://investors.celanese.com or by phone:
Dial-in Number: 1-877-737-7051
International Dial-In Number: 1-201-689-8878
Alternatively, to enter the call immediately without waiting for operator assistance, attendees may pre-register for the call by clicking the link below.
The company will distribute its second quarter earnings press release via newswire after the New York Stock Exchange closes on Tuesday, August 4, 2026. The earnings press release and prepared remarks will also be available at https://investors.celanese.com after market close on Tuesday, August 4, 2026.
A replay of the conference call will be available on demand on August 5, 2026, from 12:00 p.m. ET until August 19, 2026, 12:00 p.m. ET, at the following number:
Replay Number: 1-877-660-6853
Passcode: 13761257
The webcast replay will be available on demand at https://investors.celanese.com.
About Celanese
Celanese is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We support sustainability by responsibly managing the materials we create and growing our portfolio of sustainable products to meet customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese Corporation is a Fortune 500 company with more than 11,000 employees worldwide and 2025 net sales of $9.5 billion.
Key Takeaways Celanese partners with Siegwerk to boost sustainable solutions in the printing ink value chain.Celanese's bio-based ethyl acetate has 50% renewable content and supports ink formulations.The partnership aims to reduce fossil dependence and advance circular, low-carbon packaging. Celanese Corporation (CE - Free Report) has partnered with Siegwerk, a leading provider of printing inks and coatings for packaging applications and labels, to increase the supply of sustainable solutions in the printing ink value chain.The collaboration uses Celanese’s bio-based ethyl acetate, which contains 50% renewable content. By replacing a portion of fossil-derived raw materials, the partnership will work toward reducing environmental impact while maintaining the performance standards.
Siegwerk is incorporating the bio-based ethyl acetate into its existing ink formulations as a drop-in solution to support its SustainUP program, a key component of its HorizonNOW 2030 sustainability strategy that aims to increase its use of renewable feedstocks in manufacturing processes.
The partnership advances circular solutions in a practical and scalable way. The innovation will reduce dependence on fossils and ensure significant environmental benefits while reinforcing the critical role of value-chain collaboration. Both companies are supporting the industry's transition toward a circular and low-carbon future.
CE has lost 4.5% over the past year against the industry’s 8.7% growth.
Image Source: Zacks Investment Research
CE’s Zacks Rank & Key PicksCE currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the Basic Materials space are Albemarle Corporation (ALB - Free Report) , Dow Inc. (DOW - Free Report) and Avino Silver & Gold Mines Ltd. (ASM - Free Report) .
While ALB and DOW sport a Zacks Rank #1 (Strong Buy) each at present, ASM carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for ALB’s 2026 earnings is pinned at $12.39 per share, indicating a 1,668.35% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with an average surprise of 74.5%. ALB’s shares have jumped 179.6% over the past year.
The Zacks Consensus Estimate for DOW’s 2026 earnings is pegged at $2.61 per share, indicating a rise of 377.66% year over year. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters. DOW’sshares have gained 15.7% over the past year.
The Zacks Consensus Estimate for ASM’s current fiscal-year earnings is pinned at 39 cents per share, indicating a 34.48% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 125%.
Houston, Texas, USA, June 15, 2026 (GLOBE NEWSWIRE) -- As a global display technology brand focused on overseas markets, KTC adheres to international manufacturing and safety standards for all its display products. All KTC devices have passed comprehensive global authoritative certifications, including CE, FCC, and RoHS. These standardized qualifications cover market access, electromagnetic compatibility, and environmental protection, delivering safer, eco-friendlier and more stable display products for global home and office users.
Overview of Three Core International Certifications
Each certification represents professional third-party testing and verifies that KTC products meet localized usage standards in Europe and North America:
CE Certification (EU Market Access):A basic mandatory qualification for products entering the European market. It proves that the product complies with EU safety, health and environmental protection regulations, supporting legal circulation and sales across European regions.FCC Certification (US Electromagnetic Compatibility):A core electromagnetic compliance standard in the United States. It strictly controls product radio frequency signals and electromagnetic radiation levels to avoid equipment signal interference and ensure safe use in household and office environments.RoHS Certification (Environmental Protection Compliance):This standard restricts the use of harmful heavy metals and toxic substances in electronic accessories. It ensures KTC products are lead-free, low-pollution and environmentally friendly, suitable for long-term indoor use. Traceable & Authoritative Certification Qualifications
All certification documents of KTC products are issued by internationally recognized third-party professional testing institutions. Each product is equipped with publicly verifiable and traceable certificate numbers. All qualification records can be queried through official platforms, providing transparent and credible certification proof for global consumers, retailers and distributors.
Practical User Benefits Brought by Standard Certification
Full international standard compliance brings tangible safety and quality advantages for daily use:
Low electromagnetic radiation safety:Compliant with strict FCC electromagnetic standards, KTC displays feature low radiation and strong anti-interference capability, adapting to long-duration home entertainment and office work.Harmless & eco-friendly materials:Fully RoHS-compliant materials eliminate toxic ingredients, making the products safer for families, children and long-term indoor placement.Stable and durable product performance:Unified international standard testing effectively reduces product failure rates, improving overall product stability and service life.
Dual Manufacturing Bases Achieve Sustainable Quality Control
KTC owns two standardized intelligent manufacturing bases in Shenzhen and Huizhou, building a complete global quality management and compliance maintenance system. The brand implements standardized production processes, regular certification reviews and dynamic compliance upgrades. This long-term mechanism ensures every batch of products steadily meets international safety and environmental standards, maintaining consistent product quality and valid global certification qualifications.
Global Official Warranty Policy
To bring reliable after-sales guarantee to global users, KTC launches differentiated official warranty policies for different product lines. All KTC desktop monitors enjoy a 3-year official warranty, while portable monitors come with a 1-year official warranty. Overseas users can enjoy standardized professional maintenance services, getting comprehensive and targeted quality protection for different display products.
DALLAS & SIEGBURG, Germany--(BUSINESS WIRE)--Celanese, a global chemical and specialty materials company, and Siegwerk, one of the world’s leading providers of printing inks and coatings for packaging applications and labels, today announced a collaboration to supply more sustainable solutions in the printing ink value chain through utilizing bio-based ethyl acetate manufactured by Celanese.
Celanese and Siegwerk Collaborate to Advance More Sustainable Printing Ink Solutions with Bio-Based Ethyl Acetate
Share The ethyl acetate produced by Celanese contains 50% bio-based content, helping to reduce the use of fossil-derived raw materials compared to conventional alternatives. Siegwerk uses the bio-based solvent as a drop-in solution in its existing ink formulations, enabling the production of more sustainable products without compromising performance or requiring changes to established manufacturing processes.
“The partnership with Celanese directly aligns with Siegwerk’s SustainUP program, our global sustainable procurement initiative, which is a key pillar of HorizonNOW 2030 – Siegwerk’s overarching sustainability strategy,” said Cathleen Hansohm, Global Supplier Sustainability Manager. “The use of a 50% bio-content ethyl acetate supports our ambition to expand the use of renewable feedstocks in a responsible and scalable way.”
“Collaboration is key to driving meaningful progress toward sustainability,” said Kevin Norfleet, Senior Director, Sustainability, at Celanese. “By working closely with Siegwerk, Celanese contributes to solutions that reduce the use of fossil resources while maintaining the high performance standards required in demanding applications such as printing inks.”
The initiative highlights both companies’ shared commitment to advancing sustainability through practical, scalable solutions that deliver tangible environmental benefits while reinforcing the critical role of value-chain collaboration in enabling truly sustainable packaging.
About Celanese
Celanese is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We support sustainability by responsibly managing the materials we create and growing our portfolio of sustainable products to meet customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese Corporation is a Fortune 500 company that employs more than 11,000 employees worldwide with 2025 net sales of $9.5 billion.
About Siegwerk
Siegwerk is one of the leading global manufacturers of printing inks and coatings for packaging applications and labels. Based on 200 years of expertise, we provide customized solutions for all types of packaging needs – from functional and eye-catching to safe and sustainable. As a seventh-generation family business, we have long been aware of our responsibility for future generations. Under the motto “rethINK packaging”, we are therefore actively driving the transformation to a circular economy by developing eco-friendly solutions that enable packaging circularity. Here, 30+ country organizations and ~5,000 employees worldwide ensure consistent high-quality products and customized support around the world. Learn more at www.siegwerk.com.
Forward-Looking Statements
This release may contain “forward-looking statements,” which include information concerning Celanese’s plans, objectives, goals, strategies, financial condition, and other information that is not historical information. When used in this release, the words “projects,” “expects,” “anticipates,” “plans,” “intends,” “believes,” “will,” and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon current expectations and beliefs and various assumptions. There can be no assurance that Celanese will realize these expectations or that these beliefs will prove correct. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements contained in this release. Numerous factors, many of which are beyond Celanese’s control, could cause actual results to differ materially from those expressed as forward-looking statements. These factors include those that are discussed in Celanese’s filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and Celanese undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances.
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, and SharpCell Oy, a Finnish family-owned company producing high quality airlaid materials, today announced their cooperation to help reduce greenhouse gas emissions through the use of carbon capture and utilization (CCU) technology in Celanese binders.
Celanese and SharpCell Oy Collaborate to Bring Carbon Capture and Utilization to Airlaid Nonwovens
Share Pioneering in the airlaid nonwovens industry, SharpCell Oy is creating lower carbon footprint nonwoven materials for the production of everyday articles such as table tops, wipes, and hygiene products with ingredients manufactured with carbon dioxide (CO2) emissions captured from industrial processes using CCU technology.
“Celanese can uniquely turn CO2 emissions into a range of chemistries, and we are excited to add airlaid nonwovens to the list of products benefiting from CCU,” said Kevin Norfleet, Senior Director, Global Sustainability at Celanese. “We are delighted to work with SharpCell to both increase circular content and further reduce the carbon footprint of everyday essential products.”
Celanese uses CCU-based chemical building blocks at its Clear Lake, Texas, facility for vinyl acetate ethylene binders, an integral component in the production of binder-bonded airlaid nonwovens. The resulting nonwoven products offer a lower product carbon footprint (PCF) than conventional nonwoven products and contribute to more sustainable fiber-based products without compromising product quality. CCU and conventional fossil-fuel based feedstocks are commingled but separately accounted for using a process called mass-balance accounting.
Using CCU binder technology in SharpCell’s airlaid nonwovens is projected to utilize over 400 metric tons of captured CO2 annually. According to the US EPA Greenhouse Gas Equivalencies Calculator, this is comparable to the emissions from burning approximately 45,000 gallons of gasoline.
“Integrating Celanese’s CCU-based binders into our airlaid production is yet another strong commitment to more sustainable product solutions that we offer to our customers,” said Pekka Pollari, CEO at SharpCell. “We’re honored to be the first airlaid manufacturer to implement Celanese’s innovations and see it as a significant step forward in our pursuit of a more sustainable industry.”
For more information about ECO-CC and Celanese’s sustainability initiatives, visit www.celanese.com. For more information about SharpCell’s sustainability initiatives, visit www.sharpcell.fi/sustainability.
About Celanese
Celanese is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We support sustainability by responsibly managing the materials we create and growing our portfolio of sustainable products to meet customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese Corporation is a Fortune 500 company that employs more than 11,000 employees worldwide with 2025 net sales of $9.5 billion.
Forward-Looking Statements
This release may contain “forward-looking statements,” which include information concerning Celanese’s plans, objectives, goals, strategies, financial condition, and other information that is not historical information. When used in this release, the words “projects,” “expects,” “anticipates,” “plans,” “intends,” “believes,” “will,” and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon current expectations and beliefs and various assumptions. There can be no assurance that Celanese will realize these expectations or that these beliefs will prove correct. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements contained in this release. Numerous factors, many of which are beyond Celanese’s control, could cause actual results to differ materially from those expressed as forward-looking statements. These factors include those that are discussed in Celanese’s filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and Celanese undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances.
Celanese Corporation (NYSE:CE) will release earnings for its first quarter after the closing bell on Tuesday, May 5.
Analysts expect the Irving, Texas-based company to report quarterly earnings of 88 cents per share. That’s up from 57 cents per share in the year-ago period. The consensus estimate for Celanese's quarterly revenue is $2.35 billion (it reported $2.39 billion last year), according to Benzinga Pro.
On April 15, Celanese declared quarterly dividend of 3 cents per share.
Shares of Celanese fell 0.7% to close at $68.74 on Monday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.
Considering buying CE stock? Here’s what analysts think:
Photo via Shutterstock
Market News and Data brought to you by Benzinga APIs
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, today introduced a series of strategic initiatives designed to enhance capabilities, strengthen competitiveness, simplify manufacturing footprint, and prioritize continuity of supply to customers of its Engineered Materials business.
Celanese Outlines Strategic Nylon Uplift Initiatives for Global Engineered Materials Business
Share Celanese is repositioning its nylon business to create a more competitive and resilient platform for the future, without compromising customer confidence, product quality, or the Company’s ability to innovate on its existing polymer production assets or existing specialty polymerization capability.
A critical step in this nylon transition is today’s announced closure of the Sakra, Singapore, unit, as well as the optimization of the North American nylon 6,6 polymerization production facilities in Richmond, VA and Washington, WV, which is expected to reduce overall polymer production. Celanese expects to operate the Sakra facility through the end of July 2026 to ensure a smooth and safe operational shut down process.
“Our business strategy reflects a deliberate series of growth-oriented measures across our current product portfolio with the goal of optimizing the supply chain, improving performance and increasing operational agility,” said Todd Elliott, Senior Vice President, Celanese Engineered Materials. “This nylon alignment is part of Celanese’s broader ‘Grow & Fortify’ agenda in Engineered Materials which aims at sharpening how the business supports customer growth and development while strengthening the operating foundation that ensures reliable, competitive product supply,” noted Elliott.
In addition to the nylon transition steps announced today, Celanese is also advancing a set of complementary actions across its Engineered Materials network to better align capabilities with heightened customer requirements and demand outlook. These include advancing steps toward commencing liquid crystal polymer-related operations in China, targeted upgrades of specialty compounds production in Europe, introducing new processes for medical-grade compounding in Asia, as well as the implementation of targeted product mix enhancements and localization in India.
These actions are consistent with a series of steps the company has taken over the past years across regions to address unsustainable feedstock dynamics and network inefficiencies, which provide an important context for these actions.
“We are reshaping how and where nylon polymer is produced and sourced across our global network, and we will do so with disciplined execution,” stated Elliott. “Throughout this process, reliability and customer confidence remain a priority. We are sequencing actions thoughtfully with our customers’ experience in mind and with the goal of maintaining continuity of supply and product quality every step of the way,” concluded Elliott.
About Celanese
Celanese is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We support sustainability by responsibly managing the materials we create and growing our portfolio of sustainable products to meet customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese Corporation is a Fortune 500 company that employs more than 11,000 employees worldwide with 2025 net sales of $9.5 billion.
Forward Looking Statements
This release may contain “forward-looking statements,” which include information concerning the Company’s plans, objectives, goals, strategies, future revenues, cash flow, operations, supply chains, financial condition and other information that is not historical information. When used in this release, the words “expects,” “anticipates,” “plans,” “intends,” “believes,” “will,” and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon current expectations and beliefs and various assumptions. There can be no assurance that the Company will realize these expectations or that these beliefs will prove correct. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements contained in this release. Numerous factors, many of which are beyond the Company’s control, could cause actual results to differ materially from those expressed as forward-looking statements. These factors include those that are discussed in the Company’s filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and the Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances.
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today reported first quarter 2026 U.S. GAAP diluted earnings per share of $0.41 and adjusted earnings per share of $0.85. Net sales of $2.3 billion increased 6 percent sequentially, reflecting a 5 percent increase in volume, a small currency benefit and stable pricing. Results reflected actions that delivered favorable product mix and cost productivity measures in Engineered Materials, along with deliberate steps to capture higher value opportunities within the Acetyl Chain. These benefits were partially offset by higher feedstock and energy costs across both businesses.
Celanese utilized its fundamentally strong and differentiated business models to take swift action and capitalize on opportunities. For the first quarter, the Company reported consolidated operating profit of $214 million, adjusted EBIT of $275 million, and operating EBITDA of $455 million at margins of 9, 12, and 20 percent, respectively.
Celanese continued to take actions to advance the strategic priorities of increasing cash flow to accelerate deleveraging, intensifying cost improvements, and driving top line growth. These actions included the successful restart of the Frankfurt, Germany VAM unit and the announcement of the intended closure of the nylon 6,6 polymerization unit in Singapore.
“We are taking decisive and intentional actions to drive business improvement,” said Scott Richardson, president and chief executive officer. “By staying ahead of dynamic global events, we were able to capitalize on opportunities while positioning the business for an improved earnings profile over the course of the year. At the same time, we are strengthening the long-term fundamentals of the business through operational improvements and increased resilience. This progress supports our decision to raise our full‑year free cash flow outlook to $700 to $800 million and reinforces our confidence in the path forward.”
First Quarter 2026 Financial Highlights:
Three Months Ended
March 31,
2026
December 31,
2025
March 31,
2025
(unaudited)
(In $ millions, except per share data)
Net Sales
Engineered Materials
1,325
1,277
1,287
Acetyl Chain
1,036
940
1,116
Intersegment Eliminations
(24)
(13)
(14)
Total
2,337
2,204
2,389
Operating Profit (Loss)
Engineered Materials
221
111
94
Acetyl Chain
95
90
161
Other Activities
(102)
(108)
(90)
Total
214
93
165
Net Earnings (Loss)
48
22
(20)
Adjusted EBIT(1)
Engineered Materials
220
183
124
Acetyl Chain
131
146
167
Other Activities
(76)
(78)
(60)
Total
275
251
231
Equity Earnings and Dividend Income, Other Income (Expense)
Engineered Materials
32
32
17
Acetyl Chain
2
42
3
Operating EBITDA(1)
455
435
411
Diluted EPS - continuing operations
$
0.41
$
0.23
$
(0.17)
Diluted EPS - total
$
0.40
$
0.17
$
(0.22)
Adjusted EPS(1)
$
0.85
$
0.67
$
0.54
Net cash provided by (used in) investing activities
425
(104)
(98)
Net cash provided by (used in) financing activities
(3)
(324)
45
Net cash provided by (used in) operating activities
76
252
37
Free cash flow(1)
3
160
(73)
(1) See "Non-US GAAP Financial Measures" below.
Recent Highlights:
Announced the intended closure of the nylon 6,6 polymerization unit in Sakra, Singapore, alongside optimization of the nylon 6,6 polymer assets in North America. Through these actions, Celanese expects to reposition its nylon business to create a more competitive and resilient platform for the future, without compromising customer confidence, product quality, or the Company’s ability to innovate on its existing polymer production assets or existing specialty polymerization capability.
Reaffirmed the ongoing complementary actions across the Engineered Materials network, including advancing steps towards commencement of liquid crystal polymer-related operations in China, targeted upgrades of specialty compounds capability in Europe, introduction of new medical-grade compounding in Asia, and implementation of targeted product mix enhancements and localization in India.
Opened the expanded Michigan Technology Center, enabling earlier customer engagement, faster development cycles, and deeper integration of technology and application expertise to advance the Engineered Materials growth strategy.
Restarted the Frankfurt, Germany, VAM unit on an accelerated timeline, enhancing supply reliability to respond to customer's needs.
Initiated commissioning of a new VAE Emulsions reactor in Frankfurt, Germany, supporting cost reduction and incremental capacity while strengthening downstream integration and agility of the Acetyl Chain.
Advanced the turnaround of the POM facility in Frankfurt, Germany, with restart expected later in May.
Added Anne P. Noonan to the Company’s Board of Directors in April 2026. Ms. Noonan most recently served as president and chief executive officer of Summit Materials, Inc., and previously as president and chief executive officer of OMNOVA Solutions Inc. Earlier in her career, she spent 27 years at Chemtura Corporation in a variety of leadership roles. First Quarter Business Segment Overview
Engineered Materials
Engineered Materials reported first quarter net sales of $1.3 billion, a 4 percent sequential increase, consisting of 3 percent higher volume with no change in pricing and a modest currency benefit. Results were supported by seasonal volume improvement and favorable product and regional mix, partially offset by continued softness in certain end markets, particularly automotive in China. The business reported first quarter operating profit of $221 million, adjusted EBIT of $220 million, and operating EBITDA of $324 million, with margins of 17, 17, and 25 percent, respectively. Performance reflected continued execution of strategic initiatives focused on product and market segment positioning, improvements in pipeline quality and diversification, value-based pricing, and cost reduction, leading to favorable mix. During the quarter, the business advanced a series of structural actions under its Grow and Fortify strategy, such as the repositioning of the nylon portfolio and targeted network enhancements including liquid crystal polymers capabilities in Asia, specialty compounding in Europe, and medical-grade compounding in Asia. These actions strengthen the operational foundation in concert with business diversification and breadth into higher-growth end markets such as electronics, data center server componentry, medical devices, and electric vehicles.
Acetyl Chain
The Acetyl Chain reported first quarter net sales of $1.0 billion, a 10 percent sequential increase, consisting of increases of 8 percent in volume and 1 percent in price, with a small currency benefit. Results were supported by late‑quarter pricing and volume opportunities, primarily in China, partially offset by higher feedstock costs and continued softness in acetate tow. The business delivered first quarter operating profit of $95 million, adjusted EBIT of $131 million, and operating EBITDA of $194 million at margins of 9, 13, and 19 percent, respectively. Performance highlighted the agility of the globally integrated operating model, as the business responded swiftly through targeted pricing actions, proactive feedstock management, and dynamic network optimization. The business took multiple actions during the quarter, including the accelerated restart of the Frankfurt VAM unit, commissioning of the VAE reactor, and optimization of asset utilization across the U.S. and Asia. These actions enabled the Acetyl Chain to mitigate cost inflation, capture high value opportunities, and reinforce its position as a reliable supplier.
Cash Flow and Tax
Celanese reported first quarter operating cash flow of $76 million and free cash flow of $3 million. First quarter operating and free cash flow results reflected expected seasonal working capital timing effects and disciplined capital spending, along with changes in the timing of interest payments.
The effective U.S. GAAP income tax rate for the first quarter was 40 percent, which was higher compared to the same period in 2025, primarily due to increased forecasted earnings for the current year, changes in uncertain tax benefits related to prior year tax examinations, and difference in functional currencies for tax purposes in certain jurisdictions.
The effective tax rate for 2026 adjusted earnings was 8 percent for the first quarter. We anticipate this rate for the full year 2026 based on expected jurisdictional earnings mix for the full year and consideration of other non-recurring U.S. GAAP items.
Outlook
"We are uniquely positioned to create and capture opportunities, and as we move into the second quarter, we expect meaningful sequential improvement driven by stronger volumes and price increase realization in the Acetyl Chain, along with pricing improvements in Engineered Materials and seasonal demand across both businesses." continued Richardson. "Based on this, we expect second quarter adjusted earnings per share to be $2.00 to $2.40. We are currently estimating adjusted earnings per share of approximately $3.00 per share in the second half of 2026 as we continue to advance actions to enhance our commercial capabilities and cost structure."
“These actions are expected to strengthen earnings in 2026, meaningfully accelerate deleveraging, and bring our net debt to operating EBITDA ratio into the vicinity of 4.8x. Across market cycles, execution of our priorities positions Celanese for stronger resilience and more sustainable long‑term performance,” Richardson concluded.
Reconciliations of forecasted non-GAAP measures such as adjusted earnings per share, adjusted EBIT, operating EBITDA or free cash flow to the equivalent U.S. GAAP measures (diluted earnings per share, net earnings (loss) attributable to Celanese Corporation and net cash provided by (used in) operations, respectively), are not available without unreasonable efforts because a forecast of Certain Items, such as mark-to-market pension gains/losses, and other items is not practical. For more information, see "Non-GAAP Financial Measures" below.
The Company's prepared remarks related to the first quarter will be posted on its website at investors.celanese.com under Financial Information/Financial Document Library on May 5, 2026. Information about Non-US GAAP measures is included in a Non-US GAAP Financial Measures and Supplemental Information document posted on our investor relations website under Financial Information/Non-GAAP Financial Measures. See also "Non-GAAP Financial Measures" below.
Celanese Corporation is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We support sustainability by responsibly managing the materials we create and growing our portfolio of sustainable products to meet customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese Corporation is a Fortune 500 company that employs more than 11,000 employees worldwide with 2025 net sales of $9.5 billion.
Forward-Looking Statements
This release may contain "forward-looking statements," which include information concerning the Company's plans, objectives, goals, strategies, future revenues, cash flow, financial performance, synergies, capital expenditures, deleveraging efforts, planned cost reductions, dividend policy, financing needs and other information that is not historical information. All forward-looking statements are based upon current expectations and beliefs and various assumptions. There can be no assurance that the Company will realize these expectations or that these beliefs will prove correct. There are a number of risks and uncertainties that could cause actual results to differ materially from the results expressed or implied in the forward-looking statements contained in this release. These risks and uncertainties include, among other things: the ability to successfully achieve planned cost reductions; changes in general economic, business, political and regulatory conditions in the countries or regions in which we operate; the length and depth of product and industry business cycles, particularly in the automotive, electrical, textiles, electronics and construction industries; potential liability resulting from pending or future claims or litigation, including investigations or enforcement actions, or from changes in the laws, regulations or policies of governments or other governmental activities, in the countries in which we operate; our level of indebtedness and our financial condition, each of which could diminish our ability to raise additional capital to fund operations, reduce our business and strategic flexibility, increase our interest expense, limit the success of our deleveraging efforts, and impact changes to our credit ratings, which could increase our interest expense in the event of additional downgrades; volatility or changes in the price and availability of raw materials and energy, particularly changes in the demand for, supply of, and market prices of ethylene, methanol, natural gas, carbon monoxide, wood pulp, hexamethylene diamine, Polyamide 66 ("PA66"), polybutylene terephthalate, ethanol, natural gas and fuel oil, and the prices for electricity and other energy sources; the ability to pass increases in raw materials prices, logistics costs and other costs on to customers or otherwise improve margins through price increases; the possibility that we will not be able to realize the anticipated benefits of the Mobility & Materials business (the "M&M Business") we acquired from DuPont de Nemours, Inc. (the "M&M Acquisition"), including synergies and growth opportunities, whether as a result of difficulties arising from the operation of the M&M Business or other unanticipated delays, costs, inefficiencies or liabilities; additional impairment of goodwill or intangible assets; increased commercial, legal or regulatory complexity of entering into, or expanding our exposure to, certain end markets and geographies; risks in the global economy and equity and credit markets and their potential impact on our ability to pay down debt in the future and/or refinance at suitable rates, in a timely manner, or at all; the ability to maintain plant utilization rates and to implement planned capacity additions, expansions and maintenance; the ability to reduce or maintain current levels of production costs and to improve productivity by implementing technological improvements to existing plants; increased price competition and the introduction of competing products by other companies; the ability to identify desirable potential acquisition or divestiture opportunities and to complete such transactions, including obtaining regulatory approvals, consistent with the Company's strategy; market acceptance of our products and technology; compliance and other costs and potential disruption or interruption of production or operations due to accidents, interruptions in sources of raw materials, transportation, logistics or supply chain disruptions, cybersecurity incidents, AI-related vulnerabilities, terrorism or political unrest, public health crises, or other unforeseen events or delays in construction or operation of facilities, including as a result of geopolitical conditions, the direct or indirect consequences of acts of war or conflict (such as the Russia-Ukraine conflict or conflicts in the Middle East) or terrorist incidents or as a result of fire, flood, hurricanes, other severe weather, natural disasters, other catastrophic events, or other crises; the ability to obtain governmental approvals and to construct facilities on terms and schedules acceptable to the Company; changes in applicable tariffs, duties, treaties and trade agreements, tax rates or legislation throughout the world including, but not limited to, anti-dumping and countervailing duties, adjustments, changes in estimates or interpretations or the resolution of tax examinations or audits that may impact recorded or future tax impacts and potential regulatory and legislative tax developments in the United States and other jurisdictions; changes in the degree of intellectual property and other legal protection afforded to our products or technologies, or the theft of such intellectual property; potential liability for remedial actions and increased costs under existing or future environmental, health and safety regulations, including those relating to climate change or other sustainability matters; changes in currency exchange rates and interest rates; tax rates and changes thereto; and various other factors discussed from time to time in the Company's filings with the Securities and Exchange Commission.
Any forward-looking statement speaks only as of the date on which it is made, and the Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances.
Non-GAAP Financial Measures
Presentation
This document presents the Company's two business segments, Engineered Materials and the Acetyl Chain.
Use of Non-US GAAP Financial Information
This release uses the following Non-US GAAP measures: adjusted EBIT, adjusted EBIT margin, operating EBITDA, operating EBITDA margin, adjusted earnings per share and free cash flow. These measures are not recognized in accordance with US GAAP and should not be viewed as an alternative to US GAAP measures of performance or liquidity. The most directly comparable financial measure presented in accordance with US GAAP in our consolidated financial statements for adjusted EBIT and operating EBITDA is net earnings (loss) attributable to Celanese Corporation; for adjusted EBIT margin is operating margin; for operating EBITDA margin is operating margin; for adjusted earnings per share is earnings (loss) from continuing operations attributable to Celanese Corporation per common share-diluted; and for free cash flow is net cash provided by (used in) operations.
Definitions of Non-US GAAP Financial Measures
Adjusted EBIT is a performance measure used by the Company and is defined by the Company as net earnings (loss) attributable to Celanese Corporation, plus (earnings) loss from discontinued operations, less interest income, plus interest expense, plus refinancing expense and taxes, and further adjusted for Certain Items (refer to Table 8 of our Non-US GAAP Financial Measures and Supplemental Information document). We do not provide reconciliations for adjusted EBIT on a forward-looking basis (including those contained in this document) when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of Certain Items, such as mark-to-market pension gains and losses, that have not yet occurred, are out of our control and/or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information. Adjusted EBIT margin is defined by the Company as adjusted EBIT divided by net sales.
Operating EBITDA is a performance measure used by the Company and is defined by the Company as net earnings (loss) attributable to Celanese Corporation, plus (earnings) loss from discontinued operations, less interest income, plus interest expense, plus refinancing expense, taxes and depreciation and amortization, and further adjusted for Certain Items, which Certain Items include accelerated depreciation and amortization expense. Operating EBITDA is equal to adjusted EBIT plus depreciation and amortization. We do not provide reconciliations for operating EBITDA on a forward-looking basis (including those contained in this document) when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of Certain Items, such as mark-to-market pension gains and losses, that have not yet occurred, are out of our control and/or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information. Operating EBITDA margin is defined by the Company as operating EBITDA divided by net sales.
Adjusted earnings per share is a performance measure used by the Company and is defined by the Company as earnings (loss) from continuing operations attributable to Celanese Corporation, adjusted for income tax (provision) benefit, Certain Items, and refinancing and related expenses, divided by the number of basic common shares and dilutive restricted stock units and stock options calculated using the treasury method. We do not provide reconciliations for adjusted earnings per share on a forward-looking basis (including those contained in this document) when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of Certain Items, such as mark-to-market pension gains and losses, that have not yet occurred, are out of our control and/or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information.
Note: The income tax expense (benefit) on Certain Items ("Non-GAAP adjustments") is determined using the applicable rates in the taxing jurisdictions in which the Non-GAAP adjustments occurred and includes both current and deferred income tax expense (benefit). The income tax rate used for adjusted earnings per share approximates the midpoint in a range of forecasted tax rates for the year. This range may include certain partial or full-year forecasted tax opportunities and related costs, where applicable, and specifically excludes changes in uncertain tax positions, discrete recognition of GAAP items on a quarterly basis, other pre-tax items adjusted out of our GAAP earnings for adjusted earnings per share purposes and changes in management's assessments regarding the ability to realize deferred tax assets for GAAP. In determining the adjusted earnings per share tax rate, we reflect the impact of foreign tax credits when utilized, or expected to be utilized, absent discrete events impacting the timing of foreign tax credit utilization. We analyze this rate quarterly and adjust it if there is a material change in the range of forecasted tax rates; an updated forecast would not necessarily result in a change to our tax rate used for adjusted earnings per share. The adjusted tax rate is an estimate and may differ from the actual tax rate used for GAAP reporting in any given reporting period. Table 3a of our Non-US GAAP Financial Measures and Supplemental Information document summarizes the reconciliation of our estimated GAAP effective tax rate to the adjusted tax rate. The estimated GAAP rate excludes discrete recognition of GAAP items due to our inability to forecast such items. As part of the year-end reconciliation, we will update the reconciliation of the GAAP effective tax rate to the adjusted tax rate for actual results.
Free cash flow is a liquidity measure used by the Company and is defined by the Company as net cash provided by (used in) operations, less capital expenditures on property, plant and equipment, and adjusted for contributions from or distributions to our noncontrolling interest joint ventures. We do not provide reconciliations for free cash flow on a forward-looking basis (including those contained in this document) when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of items such as working capital changes, fluctuations in foreign currency exchange rates, the impact and timing of potential acquisitions and divestitures, and other structural changes, that have not yet occurred, are out of our control and/or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information. Reconciliation of Non-US GAAP Financial Measures
Reconciliations of the Non-US GAAP financial measures used in this press release to the comparable US GAAP financial measure, together with information about the purposes and uses of Non-US GAAP financial measures, are included in our Non-US GAAP Financial Measures and Supplemental Information document filed as an exhibit to our Current Report on Form 8-K filed with the SEC on or about May 5, 2026 and also available on our website at investors.celanese.com under Financial Information/Financial Document Library.
Results Unaudited
The results in this document, together with the adjustments made to present the results on a comparable basis, have not been audited and are based on internal financial data furnished to management. Quarterly results should not be taken as an indication of the results of operations to be reported for any subsequent period or for the full fiscal year.
Certain prior period amounts have been revised to correct for certain prior period immaterial errors. See Note 1 to our Quarterly Report on Form 10-Q for the quarterly period ending March 31, 2026.
Supplemental Information
Additional information about our prior period performance is included in our Quarterly Reports on Form 10-Q and in our Non-US GAAP Financial Measures and Supplemental Information document.
Consolidated Statements of Operations - Unaudited
Three Months Ended
March 31,
2026
December 31,
2025
March 31,
2025
(In $ millions, except share and per share data)
Net sales
2,337
2,204
2,389
Cost of sales
(1,869)
(1,781)
(1,915)
Gross profit
468
423
474
Selling, general and administrative expenses
(226)
(223)
(231)
Amortization of intangible assets
(40)
(40)
(40)
Research and development expenses
(28)
(32)
(31)
Other (charges) gains, net
(20)
(39)
(31)
Foreign exchange gain (loss), net
12
7
21
Gain (loss) on disposition of businesses and assets, net
48
(3)
3
Operating profit (loss)
214
93
165
Equity in net earnings (loss) of affiliates
35
37
22
Non-operating pension and other postretirement employee benefit (expense) income
5
50
2
Interest expense
(183)
(177)
(170)
Refinancing expense
—
(36)
(32)
Interest income
9
6
4
Dividend income - equity investments
1
40
1
Other income (expense), net
1
—
2
Earnings (loss) from continuing operations before tax
82
13
(6)
Income tax (provision) benefit
(33)
15
(9)
Earnings (loss) from continuing operations
49
28
(15)
Earnings (loss) from operation of discontinued operations
(1)
(8)
(6)
Income tax (provision) benefit from discontinued operations
—
2
1
Earnings (loss) from discontinued operations
(1)
(6)
(5)
Net earnings (loss)
48
22
(20)
Net (earnings) loss attributable to noncontrolling interests
(4)
(3)
(4)
Net earnings (loss) attributable to Celanese Corporation
44
19
(24)
Amounts attributable to Celanese Corporation
Earnings (loss) from continuing operations
45
25
(19)
Earnings (loss) from discontinued operations
(1)
(6)
(5)
Net earnings (loss)
44
19
(24)
Earnings (loss) per common share - basic
Continuing operations
0.41
0.23
(0.17)
Discontinued operations
(0.01)
(0.06)
(0.05)
Net earnings (loss) - basic
0.40
0.17
(0.22)
Earnings (loss) per common share - diluted
Continuing operations
0.41
0.23
(0.17)
Discontinued operations
(0.01)
(0.06)
(0.05)
Net earnings (loss) - diluted
0.40
0.17
(0.22)
Weighted average shares (in millions)
Basic
109.7
109.6
109.4
Diluted
110.0
109.8
109.4
Consolidated Balance Sheets - Unaudited
As of
March 31,
2026
As of
December 31,
2025
(In $ millions)
ASSETS
Current Assets
Cash and cash equivalents
1,758
1,263
Trade receivables - third party and affiliates, net
1,097
922
Non-trade receivables, net
583
545
Inventories
2,284
2,220
Assets held for sale
—
492
Other assets
247
251
Total current assets
5,969
5,693
Investments in affiliates
1,227
1,252
Property, plant and equipment, net
4,938
5,076
Operating lease right-of-use assets
376
359
Deferred income taxes
1,341
1,359
Other assets
608
601
Goodwill
4,157
4,171
Intangible assets, net
3,119
3,184
Total assets
21,735
21,695
LIABILITIES AND EQUITY
Current Liabilities
Short-term borrowings and current installments of long-term debt - third party and affiliates
1,741
1,204
Trade payables - third party and affiliates
1,441
1,279
Liabilities held for sale
—
75
Other liabilities
1,040
1,049
Income taxes payable
94
76
Total current liabilities
4,316
3,683
Long-term debt, net of unamortized deferred financing costs
10,813
11,394
Deferred income taxes
512
512
Uncertain tax positions
225
208
Benefit obligations
332
344
Operating lease liabilities
275
265
Other liabilities
777
817
Commitments and Contingencies
Shareholders' Equity
Treasury stock, at cost
(5,482)
(5,482)
Additional paid-in capital
439
431
Retained earnings
9,917
9,876
Accumulated other comprehensive income (loss), net
(811)
(776)
Total Celanese Corporation shareholders' equity
4,063
4,049
Noncontrolling interests
422
423
Total equity
4,485
4,472
Total liabilities and equity
21,735
21,695
Non-U.S. GAAP Financial Measures and Supplemental Information
May 5, 2026
In this document, the terms the "Company," "we" and "our" refer to Celanese Corporation and its subsidiaries on a consolidated basis.
Purpose
The purpose of this document is to provide information of interest to investors, analysts and other parties including supplemental financial information and reconciliations and other information concerning our use of non-U.S. GAAP financial measures. This document is updated quarterly.
Presentation
This document presents the Company's two business segments, Engineered Materials and the Acetyl Chain.
Use of Non-U.S. GAAP Financial Measures
From time to time, management may publicly disclose certain numerical "non-GAAP financial measures" in the course of our earnings releases, financial presentations, earnings conference calls, investor and analyst meetings and otherwise. For these purposes, the Securities and Exchange Commission ("SEC") defines a "non-GAAP financial measure" as a numerical measure of historical or future financial performance, financial position or cash flows that excludes amounts, or is subject to adjustments that effectively exclude amounts, included in the most directly comparable measure calculated and presented in accordance with U.S. GAAP, and vice versa for measures that include amounts, or are subject to adjustments that effectively include amounts, that are excluded from the most directly comparable U.S. GAAP measure so calculated and presented. For these purposes, "GAAP" refers to generally accepted accounting principles in the United States.
Non-GAAP financial measures disclosed by management are provided as additional information to investors, analysts and other parties because the Company believes them to be important supplemental measures for assessing our financial and operating results and as a means to evaluate our financial condition and period-to-period comparisons. These non-GAAP financial measures should be viewed as supplemental to, and should not be considered in isolation or as alternatives to, net earnings (loss), operating profit (loss), operating margin, cash flow from operating activities (together with cash flow from investing and financing activities), earnings per share or any other U.S. GAAP financial measure. These non-GAAP financial measures should be considered within the context of our complete audited and unaudited financial results for the given period, which are available on the Financial Information/Financial Document Library page of our website, investors.celanese.com. The definition and method of calculation of the non-GAAP financial measures used herein may be different from other companies' methods for calculating measures with the same or similar titles. Investors, analysts and other parties should understand how another company calculates such non-GAAP financial measures before comparing the other company's non-GAAP financial measures to any of our own. These non-GAAP financial measures may not be indicative of the historical operating results of the Company nor are they intended to be predictive or projections of future results.
Pursuant to the requirements of SEC Regulation G, whenever we refer to a non-GAAP financial measure, we will also present in this document, in the presentation itself or on a Form 8-K in connection with the presentation on the Financial Information/Financial Document Library page of our website, investors.celanese.com, to the extent practicable, the most directly comparable financial measure calculated and presented in accordance with GAAP, along with a reconciliation of the differences between the non-GAAP financial measure we reference and such comparable GAAP financial measure.
This document includes definitions and reconciliations of non-GAAP financial measures used from time to time by the Company.
Specific Measures Used
This document provides information about the following non-GAAP measures: adjusted EBIT, adjusted EBIT margin, operating EBITDA, operating EBITDA margin, operating profit (loss) attributable to Celanese Corporation, adjusted earnings per share, net debt, free cash flow and return on invested capital (adjusted). The most directly comparable financial measure presented in accordance with U.S. GAAP in our consolidated financial statements for adjusted EBIT and operating EBITDA is net earnings (loss) attributable to Celanese Corporation; for adjusted EBIT margin and operating EBITDA margin is operating margin; for operating profit (loss) attributable to Celanese Corporation is operating profit (loss); for adjusted earnings per share is earnings (loss) from continuing operations attributable to Celanese Corporation per common share-diluted; for net debt is total debt; for free cash flow is net cash provided by (used in) operations; and for return on invested capital (adjusted) is net earnings (loss) attributable to Celanese Corporation divided by the sum of the average of beginning and end of the year short- and long-term debt and Celanese Corporation shareholders' equity.
Definitions
Adjusted EBIT is a performance measure used by the Company and is defined by the Company as net earnings (loss) attributable to Celanese Corporation, plus (earnings) loss from discontinued operations, less interest income, plus interest expense, plus refinancing expense and taxes, and further adjusted for Certain Items (refer to Table 8). We believe that adjusted EBIT provides transparent and useful information to management, investors, analysts and other parties in evaluating and assessing our primary operating results from period-to-period after removing the impact of unusual, non-operational or restructuring-related activities that affect comparability. Our management recognizes that adjusted EBIT has inherent limitations because of the excluded items. Adjusted EBIT is one of the measures management uses for planning and budgeting, monitoring and evaluating financial and operating results and as a performance metric in the Company's incentive compensation plan. We do not provide reconciliations for adjusted EBIT on a forward-looking basis (including those contained in this document) when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of Certain Items, such as mark-to-market pension gains and losses, that have not yet occurred, are out of our control and/or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information. Adjusted EBIT margin is defined by the Company as adjusted EBIT divided by net sales. Adjusted EBIT margin has the same uses and limitations as adjusted EBIT.
Operating EBITDA is a performance measure used by the Company and is defined by the Company as net earnings (loss) attributable to Celanese Corporation, plus (earnings) loss from discontinued operations, less interest income, plus interest expense, plus refinancing expense, taxes and depreciation and amortization, and further adjusted for Certain Items, which Certain Items include accelerated depreciation and amortization expense. Operating EBITDA is equal to adjusted EBIT plus depreciation and amortization. We believe that operating EBITDA provides transparent and useful information to investors, analysts and other parties in evaluating our operating performance relative to our peer companies. We do not provide reconciliations for operating EBITDA on a forward-looking basis (including those contained in this document) when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of Certain Items, such as mark-to-market pension gains and losses, that have not yet occurred, are out of our control and/or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information. Operating EBITDA margin is defined by the Company as operating EBITDA divided by net sales. Operating EBITDA margin has the same uses and limitations as operating EBITDA.
Operating profit (loss) attributable to Celanese Corporation is defined by the Company as operating profit (loss), less earnings (loss) attributable to noncontrolling interests ("NCI"). We believe that operating profit (loss) attributable to Celanese Corporation provides transparent and useful information to management, investors, analysts and other parties in evaluating our core operational performance. Operating margin attributable to Celanese Corporation is defined by the Company as operating profit (loss) attributable to Celanese Corporation divided by net sales. Operating margin attributable to Celanese Corporation has the same uses and limitations as operating profit (loss) attributable to Celanese Corporation.
Adjusted earnings per share is a performance measure used by the Company and is defined by the Company as earnings (loss) from continuing operations attributable to Celanese Corporation, adjusted for income tax (provision) benefit, Certain Items, and refinancing and related expenses, divided by the number of basic common shares and dilutive restricted stock units and stock options calculated using the treasury method. We believe that adjusted earnings per share provides transparent and useful information to management, investors, analysts and other parties in evaluating and assessing our primary operating results from period-to-period after removing the impact of the above stated items that affect comparability and as a performance metric in the Company's incentive compensation plan. We do not provide reconciliations for adjusted earnings per share on a forward-looking basis (including those contained in this document) when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of Certain Items, such as mark-to-market pension gains and losses, that have not yet occurred, are out of our control and/or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information. Note: The income tax expense (benefit) on Certain Items ("Non-GAAP adjustments") is determined using the applicable rates in the taxing jurisdictions in which the Non-GAAP adjustments occurred and includes both current and deferred income tax expense (benefit). The income tax rate used for adjusted earnings per share approximates the midpoint in a range of forecasted tax rates for the year. This range may include certain partial or full-year forecasted tax opportunities and related costs, where applicable, and specifically excludes changes in uncertain tax positions, discrete recognition of GAAP items on a quarterly basis, other pre-tax items adjusted out of our GAAP earnings for adjusted earnings per share purposes and changes in management's assessments regarding the ability to realize deferred tax assets for GAAP. In determining the adjusted earnings per share tax rate, we reflect the impact of foreign tax credits when utilized, or expected to be utilized, absent discrete events impacting the timing of foreign tax credit utilization. We analyze this rate quarterly and adjust it if there is a material change in the range of forecasted tax rates; an updated forecast would not necessarily result in a change to our tax rate used for adjusted earnings per share. The adjusted tax rate is an estimate and may differ from the actual tax rate used for GAAP reporting in any given reporting period. Table 3a summarizes the reconciliation of our estimated GAAP effective tax rate to the adjusted tax rate. The estimated GAAP rate excludes discrete recognition of GAAP items due to our inability to forecast such items. As part of the year-end reconciliation, we will update the reconciliation of the GAAP effective tax rate to the adjusted tax rate for actual results. Free cash flow is a liquidity measure used by the Company and is defined by the Company as net cash provided by (used in) operations, less capital expenditures on property, plant and equipment, and adjusted for contributions from or distributions to our NCI joint ventures. We believe that free cash flow provides useful information to management, investors, analysts and other parties in evaluating the Company's liquidity and credit quality assessment because it provides an indication of the long-term cash generating ability of our business. Although we use free cash flow as a measure to assess the liquidity generated by our business, the use of free cash flow has important limitations, including that free cash flow does not reflect the cash requirements necessary to service our indebtedness, lease obligations, unconditional purchase obligations or pension and postretirement funding obligations. Free cash flow is not a measure of cash available for discretionary expenditures since the Company has certain debt service and finance lease payments that are not deducted from that measure. We do not provide reconciliations for free cash flow on a forward-looking basis when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of items such as working capital changes, fluctuations in foreign currency exchange rates, the impact and timing of potential acquisitions and divestitures, and other structural changes, that have not yet occurred, are out of our control and/or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information.
Net debt is defined by the Company as total debt less cash and cash equivalents. We believe that net debt provides useful information to management, investors, analysts and other parties in evaluating changes to the Company's capital structure and credit quality assessment.
Return on invested capital (adjusted) is defined by the Company as adjusted EBIT, tax effected using the adjusted tax rate, divided by the sum of the average of beginning and end of the year short- and long-term debt and Celanese Corporation shareholders' equity. We believe that return on invested capital (adjusted) provides useful information to management, investors, analysts and other parties in order to assess our income generation from the point of view of our shareholders and creditors who provide us with capital in the form of equity and debt and whether capital invested in the Company yields competitive returns. Supplemental Information
Supplemental Information we believe to be of interest to investors, analysts and other parties includes the following:
Net sales for each of our business segments and the percentage increase or decrease in net sales attributable to price, volume, currency and other factors for each of our business segments. Cash dividends received from our equity investments. For those consolidated ventures in which the Company owns or is exposed to less than 100% of the economics, the outside shareholders' interests are shown as NCI. Amounts referred to as "attributable to Celanese Corporation" are net of any applicable NCI. Results Unaudited
The results in this document, together with the adjustments made to present the results on a comparable basis, have not been audited and are based on internal financial data furnished to management. Quarterly results should not be taken as an indication of the results of operations to be reported for any subsequent period or for the full fiscal year.
Certain prior period amounts have been revised to correct for certain prior period immaterial errors. See Note 1 to our Quarterly Report on Form 10-Q for the quarterly period ending March 31, 2026.
Table 1
Adjusted EBIT and Operating EBITDA - Reconciliation of Non-GAAP Measures - Unaudited
Q1 '26
2025
Q4 '25
Q3 '25
Q2 '25
Q1 '25
(In $ millions)
Net earnings (loss) attributable to Celanese Corporation
44
(1,165
)
19
(1,357
)
197
(24
)
(Earnings) loss from discontinued operations
1
21
6
—
10
5
Interest income
(9
)
(24
)
(6
)
(7
)
(7
)
(4
)
Interest expense
183
701
177
177
177
170
Refinancing expense
—
68
36
—
—
32
Income tax provision (benefit)
33
(90
)
(15
)
(7
)
(77
)
9
Certain Items attributable to Celanese Corporation (Table 8)
23
1,639
34
1,520
42
43
Adjusted EBIT
275
1,150
251
326
342
231
Depreciation and amortization expense(1)
180
743
184
191
188
180
Operating EBITDA
455
1,893
435
517
530
411
Q1 '26
2025
Q4 '25
Q3 '25
Q2 '25
Q1 '25
(In $ millions)
Engineered Materials
3
6
1
3
2
—
Acetyl Chain
18
11
11
—
—
—
Other Activities(2)
—
—
—
—
—
—
Accelerated depreciation and amortization expense
21
17
12
3
2
—
Depreciation and amortization expense(1)
180
743
184
191
188
180
Total depreciation and amortization expense
201
760
196
194
190
180
Table 2
Supplemental Segment Data and Reconciliation of Segment Adjusted EBIT and Operating EBITDA - Non-GAAP Measures - Unaudited
Q1 '26
2025
Q4 '25
Q3 '25
Q2 '25
Q1 '25
(In $ millions, except percentages)
Operating Profit (Loss) / Operating Margin
Engineered Materials
221
16.7
%
(958
)
(17.8
)%
111
8.7
%
(1,327
)
(95.9
)%
164
11.4
%
94
7.3
%
Acetyl Chain
95
9.2
%
539
12.7
%
90
9.6
%
135
12.7
%
153
13.7
%
161
14.4
%
Other Activities(1)
(102
)
(367
)
(108
)
(83
)
(86
)
(90
)
Total
214
9.2
%
(786
)
(8.2
)%
93
4.2
%
(1,275
)
(52.7
)%
231
9.1
%
165
6.9
%
Less: Net Earnings (Loss) Attributable to NCI for Engineered Materials
2
6
—
3
1
2
Less: Net Earnings (Loss) Attributable to NCI for Acetyl Chain
2
8
3
1
2
2
Operating Profit (Loss) Attributable to Celanese Corporation
210
9.0
%
(800
)
(8.4
)%
90
4.1
%
(1,279
)
(52.9
)%
228
9.0
%
161
6.7
%
Operating Profit (Loss) / Operating Margin Attributable to Celanese Corporation
Engineered Materials
219
16.5
%
(964
)
(17.9
)%
111
8.7
%
(1,330
)
(96.1
)%
163
11.3
%
92
7.1
%
Acetyl Chain
93
9.0
%
531
12.5
%
87
9.3
%
134
12.6
%
151
13.5
%
159
14.2
%
Other Activities(1)
(102
)
(367
)
(108
)
(83
)
(86
)
(90
)
Total
210
9.0
%
(800
)
(8.4
)%
90
4.1
%
(1,279
)
(52.9
)%
228
9.0
%
161
6.7
%
Equity Earnings and Dividend Income, Other Income (Expense) Attributable to Celanese Corporation
Engineered Materials
32
109
32
35
25
17
Acetyl Chain
2
132
42
44
43
3
Other Activities(1)
3
15
3
4
3
5
Total
37
256
77
83
71
25
Non-Operating Pension and Other Post-Retirement Employee Benefit (Expense) Income Attributable to Celanese Corporation
Engineered Materials
—
3
3
—
—
—
Acetyl Chain
—
—
—
—
—
—
Other Activities(1)
5
52
47
2
1
2
Total
5
55
50
2
1
2
Certain Items Attributable to Celanese Corporation (Table 8)
Engineered Materials
(31
)
1,572
37
1,495
25
15
Acetyl Chain
36
32
17
9
1
5
Other Activities(1)
18
35
(20
)
16
16
23
Total
23
1,639
34
1,520
42
43
Adjusted EBIT / Adjusted EBIT Margin
Engineered Materials
220
16.6
%
720
13.4
%
183
14.3
%
200
14.5
%
213
14.8
%
124
9.6
%
Acetyl Chain
131
12.6
%
695
16.4
%
146
15.5
%
187
17.6
%
195
17.5
%
167
15.0
%
Other Activities(1)
(76
)
(265
)
(78
)
(61
)
(66
)
(60
)
Total
275
11.8
%
1,150
12.0
%
251
11.4
%
326
13.5
%
342
13.5
%
231
9.7
%
Table 2
Supplemental Segment Data and Reconciliation of Segment Adjusted EBIT and Operating EBITDA - Non-GAAP Measures - Unaudited (cont.)
Q1 '26
2025
Q4 '25
Q3 '25
Q2 '25
Q1 '25
(In $ millions, except percentages)
Depreciation and Amortization Expense(1)
Engineered Materials
104
441
105
115
112
109
Acetyl Chain
63
252
64
63
64
61
Other Activities(2)
13
50
15
13
12
10
Total
180
743
184
191
188
180
Operating EBITDA / Operating EBITDA Margin
Engineered Materials
324
24.5
%
1,161
21.5
%
288
22.6
%
315
22.8
%
325
22.5
%
233
18.1
%
Acetyl Chain
194
18.7
%
947
22.4
%
210
22.3
%
250
23.6
%
259
23.2
%
228
20.4
%
Other Activities(2)
(63
)
(215
)
(63
)
(48
)
(54
)
(50
)
Total
455
19.5
%
1,893
19.8
%
435
19.7
%
517
21.4
%
530
20.9
%
411
17.2
%
Table 3
Adjusted Earnings (Loss) per Share - Reconciliation of a Non-GAAP Measure - Unaudited
Q1 '26
2025
Q4 '25
Q3 '25
Q2 '25
Q1 '25
per
share
per
share
per
share
per
share
per
share
per
share
(In $ millions, except per share data)
Earnings (loss) from continuing operations attributable to Celanese Corporation
45
0.41
(1,144
)
(10.44
)
25
0.23
(1,357
)
(12.39
)
207
1.89
(19
)
(0.17
)
Income tax provision (benefit)
33
(90
)
(15
)
(7
)
(77
)
9
Earnings (loss) from continuing operations before tax
78
(1,234
)
10
(1,364
)
130
(10
)
Certain Items attributable to Celanese Corporation (Table 8)
23
1,639
34
1,520
42
43
Refinancing and related expenses
—
68
36
—
—
32
Adjusted earnings (loss) from continuing operations before tax
101
473
80
156
172
65
Income tax (provision) benefit on adjusted earnings(1)
(8
)
(36
)
(6
)
(9
)
(15
)
(6
)
Adjusted earnings (loss) from continuing operations(2)
93
0.85
437
3.98
74
0.67
147
1.34
157
1.43
59
0.54
Diluted shares (in millions)(3)
Weighted average shares outstanding
109.7
109.5
109.6
109.6
109.5
109.4
Incremental shares attributable to equity awards
0.3
0.2
0.2
—
0.2
—
Total diluted shares
110.0
109.7
109.8
109.6
109.7
109.4
Q1 '26
2025
Q4 '25
Q3 '25
Q2 '25
Q1 '25
Adjusted effective tax rate
8
8
8
6
9
9
Actual Plan
Asset Returns
Expected Plan
Asset Returns
(In percentages)
2025
7.8
5.3
Table 3a
Adjusted Tax Rate - Reconciliation of a Non-GAAP Measure - Unaudited
Estimated
Actual
2026
2025
(In percentages)
U.S. GAAP annual effective tax rate
16
7
Discrete quarterly recognition of GAAP items(1)
(6
)
17
Tax impact of other charges and adjustments(2)
1
(12
)
Utilization of foreign tax credits
(1
)
—
Changes in valuation allowances, excluding impact of other charges and adjustments(3)
(3
)
(12
)
Other, includes effect of discrete current year transactions(4)
1
8
Adjusted tax rate
8
8
______________________________
Note: As part of the year-end reconciliation, we will update the reconciliation of the GAAP effective tax rate for actual results.
(1)
Such as changes in tax laws (including U.S. tax reform), deferred taxes on outside basis differences, changes in uncertain tax positions and prior year audit adjustments.
(2)
Reflects the tax impact on pre-tax adjustments presented in Certain Items (Table 8), which are excluded from pre-tax income for adjusted earnings per share purposes.
(3)
Reflects changes in valuation allowances related to changes in judgment regarding the realizability of deferred tax assets or current year operations, excluding other charges and adjustments.
(4)
Includes tax impacts related to full-year actual tax opportunities and related costs, as well as current year realization of U.S. GAAP benefits deferred in prior years.
Table 4
Net Sales by Segment - Unaudited
Q1 '26
2025
Q4 '25
Q3 '25
Q2 '25
Q1 '25
(In $ millions)
Engineered Materials
1,325
5,390
1,277
1,384
1,442
1,287
Acetyl Chain
1,036
4,232
940
1,061
1,115
1,116
Intersegment eliminations(1)
(24
)
(78
)
(13
)
(26
)
(25
)
(14
)
Net sales
2,337
9,544
2,204
2,419
2,532
2,389
Table 4a
Factors Affecting Segment Net Sales Sequentially - Unaudited
Three Months Ended March 31, 2026 Compared to Three Months Ended December 31, 2025
Volume
Price
Currency
Total
(In percentages)
Engineered Materials
3
—
1
4
Acetyl Chain
8
1
1
10
Total Company
5
—
1
6
Three Months Ended December 31, 2025 Compared to Three Months Ended September 30, 2025
Volume
Price
Currency
Total
(In percentages)
Engineered Materials
(6
)
(2
)
—
(8
)
Acetyl Chain
(10
)
(1
)
—
(11
)
Total Company
(7
)
(2
)
—
(9
)
Three Months Ended September 30, 2025 Compared to Three Months Ended June 30, 2025
Volume
Price
Currency
Total
(In percentages)
Engineered Materials
(6
)
1
1
(4
)
Acetyl Chain
(2
)
(4
)
1
(5
)
Total Company
(4
)
(1
)
1
(4
)
Three Months Ended June 30, 2025 Compared to Three Months Ended March 31, 2025
Volume
Price
Currency
Total
(In percentages)
Engineered Materials
9
—
3
12
Acetyl Chain
(1
)
(2
)
3
—
Total Company
4
(1
)
3
6
Three Months Ended March 31, 2025 Compared to Three Months Ended December 31, 2024
Volume
Price
Currency
Total
(In percentages)
Engineered Materials
—
2
(1
)
1
Acetyl Chain
3
(1
)
(1
)
1
Total Company
2
—
(1
)
1
Table 4b
Factors Affecting Segment Net Sales Year Over Year - Unaudited
Three Months Ended March 31, 2026 Compared to Three Months Ended March 31, 2025
Volume
Price
Currency
Total
(In percentages)
Engineered Materials
—
(1
)
4
3
Acetyl Chain
(7
)
(4
)
4
(7
)
Total Company
(3
)
(3
)
4
(2
)
Three Months Ended December 31, 2025 Compared to Three Months Ended December 31, 2024
Volume
Price
Currency
Total
(In percentages)
Engineered Materials
(2
)
—
3
1
Acetyl Chain
(10
)
(7
)
2
(15
)
Total Company
(6
)
(3
)
2
(7
)
Three Months Ended September 30, 2025 Compared to Three Months Ended September 30, 2024
Volume
Price
Currency
Total
(In percentages)
Engineered Materials
(8
)
(1
)
2
(7
)
Acetyl Chain
(4
)
(8
)
1
(11
)
Total Company
(6
)
(4
)
1
(9
)
Three Months Ended June 30, 2025 Compared to Three Months Ended June 30, 2024
Volume
Price
Currency
Total
(In percentages)
Engineered Materials
(3
)
(1
)
2
(2
)
Acetyl Chain
(2
)
(7
)
2
(7
)
Total Company
(2
)
(4
)
2
(4
)
Three Months Ended March 31, 2025 Compared to Three Months Ended March 31, 2024
Volume
Price
Currency
Total
(In percentages)
Engineered Materials
(4
)
(2
)
(1
)
(7
)
Acetyl Chain
(6
)
(4
)
(1
)
(11
)
Total Company
(5
)
(3
)
(1
)
(9
)
Table 4c
Factors Affecting Segment Net Sales Year Over Year - Unaudited
Year Ended December 31, 2025 Compared to Year Ended December 31, 2024
Volume
Price
Currency
Total
(In percentages)
Engineered Materials
(4
)
(1
)
1
(4
)
Acetyl Chain
(6
)
(6
)
1
(11
)
Total Company
(4
)
(4
)
1
(7
)
Table 5
Free Cash Flow - Reconciliation of a Non-GAAP Measure - Unaudited
Q1 '26
2025
Q4 '25
Q3 '25
Q2 '25
Q1 '25
(In $ millions, except percentages)
Net cash provided by (used in) investing activities
425
(349
)
(104
)
(59
)
(88
)
(98
)
Net cash provided by (used in) financing activities
(3
)
(513
)
(324
)
(118
)
(116
)
45
Net cash provided by (used in) operating activities
76
1,146
252
447
410
37
Capital expenditures on property, plant and equipment
(66
)
(343
)
(84
)
(64
)
(93
)
(102
)
Contributions from/(Distributions) to NCI
(7
)
(30
)
(8
)
(8
)
(6
)
(8
)
Free cash flow(1)
3
773
160
375
311
(73
)
Net sales
2,337
9,544
2,204
2,419
2,532
2,389
Free cash flow as % of Net sales
0.1
%
8.1
%
7.3
%
15.5
%
12.3
%
(3.1
)%
Table 6
Cash Dividends Received - Unaudited
Q1 '26
2025
Q4 '25
Q3 '25
Q2 '25
Q1 '25
(In $ millions)
Dividends from equity method investments
54
139
47
40
21
31
Dividends from equity investments without readily determinable fair values
1
122
40
40
41
1
Total
55
261
87
80
62
32
Table 7
Net Debt - Reconciliation of a Non-GAAP Measure - Unaudited
Q1 '26
2025
Q4 '25
Q3 '25
Q2 '25
Q1 '25
(In $ millions)
Short-term borrowings and current installments of long-term debt - third party and affiliates
1,741
1,204
1,204
1,199
252
406
Long-term debt, net of unamortized deferred financing costs
10,813
11,394
11,394
11,655
12,689
12,378
Total debt
12,554
12,598
12,598
12,854
12,941
12,784
Cash and cash equivalents
(1,758
)
(1,263
)
(1,263
)
(1,440
)
(1,173
)
(951
)
Net debt
10,796
11,335
11,335
11,414
11,768
11,833
Table 8
Certain Items - Unaudited
The following Certain Items attributable to Celanese Corporation are included in Net earnings (loss) and are adjustments to non-GAAP measures:
Q1 '26
2025
Q4 '25
Q3 '25
Q2 '25
Q1 '25
Income Statement Classification
(In $ millions)
Exit and shutdown costs
44
98
29
10
27
32
Cost of sales / SG&A / Other (charges) gains, net / Gain (loss) on disposition of businesses and assets, net / Non-operating pension and other postretirement employee benefit (expense) income
Asset impairments
—
1,513
27
(1)
1,486
(2)
—
—
Cost of sales / Other (charges) gains, net
Impact from plant incidents and natural disasters
11
3
—
—
—
3
Cost of sales
Mergers, acquisitions and dispositions
15
52
23
12
12
5
Cost of sales / SG&A
Actuarial (gain) loss on pension and postretirement plans
—
(49
)
(49
)
—
—
—
Cost of sales / SG&A / Non-operating pension and other postretirement employee benefit (expense) income
Legal settlements and commercial disputes
3
17
1
11
2
3
Cost of sales / SG&A / Other (charges) gains, net
(Gain) loss on disposition of businesses and assets
(50
)
—
—
—
—
—
Gain (loss) on disposition of businesses and assets, net
Other
—
5
3
1
1
—
Cost of sales / SG&A
Certain Items attributable to Celanese Corporation
23
1,639
34
1,520
42
43
Table 9
Return on Invested Capital (Adjusted) - Presentation of a Non-GAAP Measure - Unaudited
2025
(In $ millions,
except percentages)
Net earnings (loss) attributable to Celanese Corporation
(1,165
)
Adjusted EBIT (Table 1)
1,150
Adjusted effective tax rate (Table 3a)
8
%
Adjusted EBIT tax effected
1,058
2025
2024
Average
(In $ millions, except percentages)
Short-term borrowings and current installments of long-term debt - third parties and affiliates
1,204
1,501
1,353
Long-term debt, net of unamortized deferred financing costs
11,394
11,078
11,236
Celanese Corporation shareholders' equity
4,049
5,129
4,589
Invested capital
17,178
Return on invested capital (adjusted)
6.2
%
Net earnings (loss) attributable to Celanese Corporation as a percentage of invested capital
Celanese (CE - Free Report) came out with quarterly earnings of $0.85 per share, missing the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.57 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -3.41%. A quarter ago, it was expected that this chemical company would post earnings of $0.89 per share when it actually produced earnings of $0.67, delivering a surprise of -24.72%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Celanese, which belongs to the Zacks Chemical - Specialty industry, posted revenues of $2.34 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 3.19%. This compares to year-ago revenues of $2.39 billion. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Celanese shares have added about 62.6% since the beginning of the year versus the S&P 500's gain of 5.2%.
What's Next for Celanese?While Celanese has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Celanese was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.29 on $2.43 billion in revenues for the coming quarter and $5.16 on $9.35 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Chemical - Specialty is currently in the bottom 27% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Flexible Solutions International Inc. (FSI - Free Report) , another stock in the same industry, has yet to report results for the quarter ended March 2026.
This company is expected to post quarterly earnings of $0.01 per share in its upcoming report, which represents a year-over-year change of +150%. The consensus EPS estimate for the quarter has been revised 41.7% lower over the last 30 days to the current level.
Flexible Solutions International Inc.'s revenues are expected to be $9.85 million, up 31.9% from the year-ago quarter.
Celanese (CE - Free Report) reported $2.34 billion in revenue for the quarter ended March 2026, representing a year-over-year decline of 2.2%. EPS of $0.85 for the same period compares to $0.57 a year ago.
The reported revenue represents a surprise of +3.19% over the Zacks Consensus Estimate of $2.26 billion. With the consensus EPS estimate being $0.88, the EPS surprise was -3.41%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Celanese performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Volume - Acetyl Chain: -7% compared to the -7% average estimate based on two analysts.Volume - Engineered Materials: 3% versus the two-analyst average estimate of 3.2%.Price - Acetyl Chain: -4% versus the two-analyst average estimate of -4.8%.Net Sales- Acetyl Chain: $1.04 billion compared to the $996.49 million average estimate based on two analysts. The reported number represents a change of -7.2% year over year.Net Sales- Intersegment Eliminations: $-24 million compared to the $-15.12 million average estimate based on two analysts. The reported number represents a change of +71.4% year over year.Net Sales- Engineered Materials: $1.33 billion versus $1.27 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +3% change.Operating EBITDA- Acetyl Chain: $194 million versus $178.05 million estimated by two analysts on average.Operating EBITDA- Other Activities: $-63 million versus the two-analyst average estimate of $-59.64 million.Operating EBITDA- Engineered Materials: $324 million versus $322.04 million estimated by two analysts on average.View all Key Company Metrics for Celanese here>>>
Shares of Celanese have returned +7.8% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Key Takeaways CE reported Q1 EPS of 85 cents, up 57%, but missed estimates while revenue declined 2.2% year over year. CE saw sales pressure from weak China auto demand and acetate tow softness. CE expects stronger Q2 with pricing gains, higher volumes; it raised full-year FCF outlook. Celanese Corporation (CE - Free Report) reported a first-quarter 2026 earnings from continuing operations of 41 cents per share. This compares favorably with a loss of 17 cents in the prior-year quarter.
Adjusted earnings were 85 cents per share, up 57.4% from 54 cents reported a year ago. The bottom line missed the Zacks Consensus Estimate of 88 cents.
Revenues of $2,337 million decreased roughly 2.2% year over year from $2,389 million. It beat the Zacks Consensus Estimate of $2,264.7 million. The decline in net sales was due to continued softness in certain end markets, particularly automotive in China, and continued weakness in acetate tow. Higher feedstock and energy costs across both businesses also partly offset the benefits from the favorable mix and cost productivity measures.
Celanese Corporation Price, Consensus and EPS SurpriseCE’s Segment HighlightsNet sales in the Engineered Materials unit were $1,325 million in the reported quarter, up around 2.9% year over year from $1,287 million. It beat our estimate of $1,239 million. The segment earned an operating profit of $221 million, up roughly 135.1% year over year, and an adjusted EBIT of $220 million, up about 77.4%.
The Acetyl Chain segment posted net sales of $1,036 million, down roughly 7.2% year over year from $1,116 million. It topped our estimate of $993 million. The segment generated an operating profit of $95 million, down roughly 41% year over year, and an adjusted EBIT of $131 million, down around 21.6%.
CE’s FinancialsCelanese ended the quarter with cash and cash equivalents of $1,758 million, up roughly 39.2% sequentially. Long-term debt declined 5.1% sequentially to $10,813 million.
Cash provided by operating activities was $76 million, and free cash flow was $3 million in the reported quarter.
CE’s OutlookCelanese expects a meaningful sequential improvement in the second quarter, supported by stronger volumes and realization of price increases in the Acetyl Chain, along with pricing gains in Engineered Materials and seasonal demand across both segments. Adjusted earnings per share for the second quarter are projected in the range of $2.00 to $2.40, with the second half of 2026 expected to deliver around $3.00 per share.
These actions are anticipated to strengthen earnings through 2026, accelerate deleveraging and bring the net debt-to-operating EBITDA ratio to approximately 4.8x, supporting improved resilience and long-term performance. Celanese also raised its full-year free cash flow outlook to $700-$800 million.
CE’s Price PerformanceCE shares have surged 42.4% in the past year compared with an 4.7% rise in the industry.
Image Source: Zacks Investment Research
CE’s Zacks Rank & Key PicksCE currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks worth a look in the basic materials space are Mercer International Inc. (MERC - Free Report) , Idaho Strategic Resources, Inc. (IDR - Free Report) and Hawkins, Inc. (HWKN - Free Report) .
Mercer is slated to report first-quarter 2026 results on May 7. The Zacks Consensus Estimate for loss is pegged at 74 cents per share, indicating 124.2% year-over-year decline. MERC sports a Zacks Rank #2 (Buy) at present.
Idaho is expected to report first-quarter 2026 results on May 14. The Zacks Consensus Estimate for earnings is pegged at 43 cents per share, indicating 258.3% year-over-year growth. IDR sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Hawkins is scheduled to report fiscal fourth-quarter results on May 13. The Zacks Consensus Estimate for HWKN’s fourth-quarter earnings is pegged at 77 cents per share. HWKN currently sports a Zacks Rank #2.
Celanese remains a buy despite Q1 '26 earnings miss and macro-driven selloff, trading at under 10x earnings with a 9–10% free cash flow yield. CE's cost structure is improving through strategic asset closures, product mix upgrades, and targeted expansion in higher-margin specialty markets. Management guides for significant EPS recovery in Q2 and H2'26, assuming supply chain normalization post-Strait of Hormuz disruptions.
MSA Safety Incorporporated (NYSE:MSA) CFO Acquires $71,093.12 in StockMarketBeat
MSA Safety Incorporporated (NYSE:MSA - Get Free Report) CFO Julie Beck bought 448 shares of the stock in a transaction dated Thursday, June 11th. The stock was acquired at an average price of $158.69 per share, with a total value of $71,093.12. Following the completion of the purchase, the chief financial officer owned 3,825 shares of the company's stock, valued at $606,989.25. This represents a 13.27% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
NYSE:MSA
Read MSA Safety Incorporporated (NYSE:MSA) CFO Acquires $71,093.12 in Stock
3 hours ago
Insider Selling: NBT Bancorp (NASDAQ:NBTB) Director Sells 2,100 Shares of StockMarketBeat
NBT Bancorp Inc. (NASDAQ:NBTB - Get Free Report) Director Heidi Hoeller sold 2,100 shares of the business's stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $48.03, for a total transaction of $100,863.00. Following the transaction, the director owned 11,560 shares of the company's stock, valued at approximately $555,226.80. This represents a 15.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
NASDAQ:NBTB
Read Insider Selling: NBT Bancorp (NASDAQ:NBTB) Director Sells 2,100 Shares of Stock
3 hours ago
Douglas Milne Sells 1,600 Shares of IGM Financial (TSE:IGM) StockMarketBeat
IGM Financial Inc. (TSE:IGM - Get Free Report) Director Douglas Milne sold 1,600 shares of the business's stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of C$80.61, for a total value of C$128,976.00. Following the sale, the director directly owned 800 shares in the company, valued at C$64,488. The trade was a 66.67% decrease in their ownership of the stock.
TSE:IGM
Read Douglas Milne Sells 1,600 Shares of IGM Financial (TSE:IGM) Stock
3 hours ago
GlobalFoundries (NASDAQ:GFS) Insider Michael James Hogan Sells 2,800 SharesMarketBeat
GlobalFoundries Inc. (NASDAQ:GFS - Get Free Report) insider Michael James Hogan sold 2,800 shares of GlobalFoundries stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $75.17, for a total value of $210,476.00. Following the transaction, the insider owned 6,695 shares in the company, valued at $503,263.15. This trade represents a 29.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
NASDAQ:GFS
Read GlobalFoundries (NASDAQ:GFS) Insider Michael James Hogan Sells 2,800 Shares
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced price increases for a range of acetyl products.
CELANESE ANNOUNCES PRICE INCREASES ACROSS THE ACETYL CHAIN
Share The price increases will be effective immediately, or as contracts and other commitments otherwise allow.
PRODUCT
Price Increase
USA/Canada
($ / LB)
Mexico /
S. America
($ / MT)
EMEA
(€ / MT)
Acetic Acid
$0.05
$100
100€
Vinyl Acetate Monomer
$0.15
$300
300€
Ethyl Acetate
$0.04
$300
100€
Acetic Anhydride
$0.05
$150
150€
VAE based dispersions
$0.02
$150
350€
Vinyl Acetate based homo-and copolymer dispersions
$0.02
$150
350€
Styrene and Pure Acrylic Dispersions
$0.05
$200
350€
EVA
$0.20
$300
300€
RDP
$0.20
$400
400€
Formaldehyde 37%
$0.04
--
--
Paraformaldehyde
$0.12
$300
350€
Dimethylamine 100%
$0.08
$185
--
Trimethylamine 100%
$0.10
$225
--
MIBC
$0.20
$450
100€
MIBK
$0.20
$450
400€
Solvents
Grade dependent
About Celanese
Celanese is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We support sustainability by responsibly managing the materials we create and growing our portfolio of sustainable products to meet customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese Corporation is a Fortune 500 company that employs more than 11,000 employees worldwide with 2025 net sales of $9.5 billion.
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced a price increase for a range of engineered materials products in response to various factors, including recent market developments and global supply chain disruptions.
Share Despite these dynamic conditions, Celanese remains well positioned to support its customers via its regional supply chain and manufacturing sites, as well as its technology and innovation centers.
The price increases will be effective June 1, 2026, or as contracts otherwise allow. Additionally, individual grades may be subject to higher increases than specified below.
Base Resin
Brand / Material Type
Price Increase
Asia
($/kg)
Americas
($/lb)
EMEA
(€/kg)
UHMW-PE
GUR®
0.20
0.15
0.30
PA 6
Zytel®, Frianyl®, Celanyl®, Minlon®, CoolPoly® and Ecomid® PA6 products
-
-
0.35
PBT/PET
Crastin® and Celanex® products
-
-
0.25
Rynite®
-
-
0.20
TPV
Santoprene®
0.30
0.10
0.30
TPC
Hytrel & Bexloy & Neolast
0.20
0.10
0.15
PP
Celstran®
Tecnoprene®, Talcoprene®, Polifor® and Omnipro®
-
0.10
0.35
Hi Temp
Nylon (PPA)
Zytel® HTN Flame retardants grades
0.60
0.27
0.60
About Celanese
Celanese is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We support sustainability by responsibly managing the materials we create and growing our portfolio of sustainable products to meet customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese Corporation is a Fortune 500 company that employs more than 11,000 employees worldwide with 2025 net sales of $9.5 billion.
It has been about a month since the last earnings report for Celanese (CE - Free Report) . Shares have lost about 10.7% in that time frame, underperforming the S&P 500.
But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Celanese due for a breakout? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent drivers for Celanese Corporation before we dive into how investors and analysts have reacted as of late.
Celanese’s Q1 Earnings Miss Estimates, Revenues Decline Y/YCelanese reported a first-quarter 2026 earnings from continuing operations of 41 cents per share. This compares favorably with a loss of 17 cents in the prior-year quarter.
Adjusted earnings were 85 cents per share, up 57.4% from 54 cents reported a year ago. The bottom line missed the Zacks Consensus Estimate of 88 cents.
Revenues of roughly $2.34 billion decreased roughly 2.2% year over year from $2.39 billion. It beat the Zacks Consensus Estimate of $2.26 billion. The decline in net sales was due to continued softness in certain end markets, particularly automotive in China, and continued weakness in acetate tow. Higher feedstock and energy costs across both businesses also partly offset the benefits from the favorable mix and cost productivity measures.
Segment HighlightsNet sales in the Engineered Materials unit were $1.33 billion in the reported quarter, up around 2.9% year over year from $1.29 billion. It beat our estimate of $1.24 billion. The segment earned an operating profit of $221 million, up roughly 135.1% year over year, and an adjusted EBIT of $220 million, up about 77.4%.
The Acetyl Chain segment posted net sales of $1.04 billion, down roughly 7.2% year over year from $1.12 billion. It topped our estimate of $993 million. The segment generated an operating profit of $95 million, down roughly 41% year over year, and an adjusted EBIT of $131 million, down around 21.6%.
FinancialsCelanese ended the quarter with cash and cash equivalents of $1.76 billion, up roughly 39.2% sequentially. Long-term debt declined 5.1% sequentially to $10.8 billion.
Cash provided by operating activities was $76 million, and free cash flow was $3 million in the reported quarter.
OutlookCelanese expects a meaningful sequential improvement in the second quarter, supported by stronger volumes and realization of price increases in the Acetyl Chain, along with pricing gains in Engineered Materials and seasonal demand across both segments. Adjusted earnings per share for the second quarter are projected in the range of $2.00 to $2.40, with the second half of 2026 expected to deliver around $3.00 per share.
These actions are anticipated to strengthen earnings through 2026, accelerate deleveraging and bring the net debt-to-operating EBITDA ratio to approximately 4.8x, supporting improved resilience and long-term performance. Celanese also raised its full-year free cash flow outlook to $700-$800 million.
How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a upward trend in fresh estimates.
The consensus estimate has shifted 43.27% due to these changes.
VGM ScoresAt this time, Celanese has a average Growth Score of C, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a score of A on the value side, putting it in the top quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Celanese has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry PlayerCelanese belongs to the Zacks Chemical - Specialty industry. Another stock from the same industry, Ashland (ASH - Free Report) , has gained 4.4% over the past month. More than a month has passed since the company reported results for the quarter ended March 2026.
Ashland reported revenues of $482 million in the last reported quarter, representing a year-over-year change of +0.6%. EPS of $0.91 for the same period compares with $0.99 a year ago.
Ashland is expected to post earnings of $1.09 per share for the current quarter, representing a year-over-year change of +4.8%. Over the last 30 days, the Zacks Consensus Estimate has changed -1.1%.
The overall direction and magnitude of estimate revisions translate into a Zacks Rank #4 (Sell) for Ashland. Also, the stock has a VGM Score of B.
Company announces closure of Ulsan, South Korea facility to advance ‘Grow & Fortify’ strategy
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, today announced a critical production network optimization step in support of the ‘Grow & Fortify’ strategy of its Engineered Materials business. Over the past several years, Celanese has taken significant measures to ensure reliability of supply by investing in world-class compounding assets globally and by working to provide its customers with engineered materials products of superior quality, performance and reliability.
Celanese to Optimize Engineered Materials Compounding Footprint in Asia Region
Share Today’s network optimization announcement will result in the closure of the Company’s Engineered Materials compounding facility in Ulsan, South Korea. Celanese is planning to cease all manufacturing and production operations at the Ulsan facility immediately. The Company intends to fully support its customers to fulfill all contractual obligations and ensure a smooth transition of production and compounding activities to other Celanese manufacturing locations in the region.
The production volumes from the Ulsan facility will be transferred to the Company’s Nanjing and Shenzhen plants in China, and to its plant in Silvassa, India. Celanese is undertaking these actions to fortify the operating structure of its Engineered Materials business, while optimizing the company’s cost and manufacturing production footprint to leverage its world-class compounding assets in Shenzhen, Nanjing and Silvassa. These actions are also expected to strengthen the Company’s regional supply chain network.
Celanese products such as PET (Polyethylene Terephthalate), PA (Polyamide), PBT (Polybutylene Terephthalate) and HTN (High-Temperature Nylon) are critical to driving industry and regional growth. The broader Asia region represents opportunities for expansion, and Celanese is building manufacturing and compounding capabilities close to its customer base to better meet this growing demand.
About Celanese
Celanese is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We support sustainability by responsibly managing the materials we create and growing our portfolio of sustainable products to meet customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese Corporation is a Fortune 500 company that employs approximately 11,000 employees worldwide with 2025 net sales of $9.5 billion.
Forward Looking Statements
This release may contain “forward-looking statements,” which include information concerning the Company’s plans, objectives, goals, strategies, future revenues, cash flow, operations, supply chains, financial condition and other information that is not historical information. When used in this release, the words “expects,” “anticipates,” “plans,” “intends,” “believes,” “will,” and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon current expectations and beliefs and various assumptions. There can be no assurance that the Company will realize these expectations or that these beliefs will prove correct. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements contained in this release. Numerous factors, many of which are beyond the Company’s control, could cause actual results to differ materially from those expressed as forward-looking statements. These factors include those that are discussed in the Company’s filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and the Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances.
Key Takeaways Celanese will close its Ulsan facility and move production to sites in China and India.The shift aims to improve manufacturing efficiency and strengthen its Asia supply chain.The move supports Celanese's Grow & Fortify strategy and regional demand growth. Celanese Corporation (CE - Free Report) is shifting production from its Engineered Materials compounding facility in Ulsan, South Korea, to its plants in Nanjing and Shenzhen, China, and Silvassa, India. The move is part of a reorganization of the company’s production network in Asia, under which manufacturing operations at the Ulsan facility will be closed.
The production shift will help Celanese make better use of its facilities in China and India while improving manufacturing efficiency across the region. It is also expected to strengthen the company's supply chain in Asia and improve the efficiency of its regional manufacturing network.
The move supports Celanese’s “Grow & Fortify” strategy for its Engineered Materials business. In recent years, the company has invested in compounding facilities around the world to improve supply reliability and support customer demand. The latest move builds on these efforts by making better use of its existing production assets.
During the transition, customer orders and contractual obligations will continue to be met while production is transferred to other manufacturing sites in the region. The company will work to ensure a smooth transfer of production and compounding activities without disrupting customer supply.
Asia continues to offer growth opportunities for Celanese. Products such as Polyethylene Terephthalate (PET), Polyamide (PA), Polybutylene Terephthalate (PBT) and High-Temperature Nylon (HTN) play an important role in supporting industrial growth in the region. To meet rising demand, the company is expanding its manufacturing and compounding capabilities closer to customers.
CE shares have lost 2.7% over the past year compared to 1.4% growth in the industry.
Image Source: Zacks Investment Research
CE’s Zacks Rank & Key PicksCE currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the Basic Materials space are Orla Mining Ltd. (ORLA - Free Report) , LyondellBasell Industries N.V. (LYB - Free Report) and Franco-Nevada Corporation (FNV - Free Report) .
While ORLA and LYB sport a Zacks Rank #1 (Strong Buy) each at present, FNV carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for ORLA’s 2026 earnings is pegged at $1.64 per share, indicating a rise of 82.2% year over year. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 8.16%.
The Zacks Consensus Estimate for LYB’s 2026 earnings is pinned at $8.73 per share, implying a 413.5% year-over-year surge. Its earnings outpaced the Zacks Consensus Estimate in two of the four trailing quarters while missing it in the remaining two.
The Zacks Consensus Estimate for FNV’s 2026 earnings is pinned at $8.85 per share, suggesting a 58.6% year-over-year increase. Its earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 10.28%.
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, today announced that Aisan Industry Kentucky, LLC., the consolidated subsidiary of Japan-based Aisan Industry Co., Ltd., has adopted a Celanese polyacetal resin (POM) made from captured CO2 for fuel pump modules produced for a North American automaker. This milestone reflects continued momentum for Celanese Carbon Capture and Utilization (CCU) POM in automotive applications.
Aisan adopts Celanese POM ECO-C for fuel pump modules supplied to a North American automaker
Share Celanese uses CCU-based chemical building blocks to turn CO2 emissions into high performance POM polymer that offers both reduced product carbon footprint (PCF) as well as a high percentage of circular content. POM ECO-C solutions are drop-in choices that enable Aisan to offer more sustainable components without sacrificing performance and helps automakers work towards sustainability goals with solutions that are both practical and impactful.
“Celanese can uniquely turn waste CO2 into a high performance polymer, helping customers meet sustainability goals,” said Todd Elliott, Senior Vice President, Celanese Engineered Materials. “POM ECO-C turns technology into practical solutions while maintaining performance and quality, and without requiring changes to existing designs or production processes.”
Celanese continues to advance materials and technologies that help reduce environmental impact and support progress toward carbon neutrality and more sustainable manufacturing. Its mass-balance based CCU platform is especially significant in supporting both ends of the integrated Celanese value chain by providing low-carbon feedstocks for ECO-C products across the Acetyl Chain and Engineered Materials businesses for customers seeking more sustainable solutions.
To learn more about Celanese sustainable product offerings, visit https://www.celanese.com/sustainability-offerings or explore detailed product information on https://askchemille.com.
About Celanese
Celanese is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We support sustainability by responsibly managing the materials we create and growing our portfolio of sustainable products to meet customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese Corporation is a Fortune 500 company that employs more than 11,000 employees worldwide with 2025 net sales of $9.5 billion.
Forward-Looking Statements
This release may contain “forward-looking statements,” which include information concerning Celanese’s plans, objectives, goals, strategies, financial condition, and other information that is not historical information. When used in this release, the words “projects,” “expects,” “anticipates,” “plans,” “intends,” “believes,” “will,” and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon current expectations and beliefs and various assumptions. There can be no assurance that Celanese will realize these expectations or that these beliefs will prove correct. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements contained in this release. Numerous factors, many of which are beyond Celanese’s control, could cause actual results to differ materially from those expressed as forward-looking statements. These factors include those that are discussed in Celanese’s filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and Celanese undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances.
Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, today announced that Aisan Industry Kentucky, LLC., the consolidated subsidiary of Japan-based Aisan Industry Co., Ltd., has adopted a Celanese polyacetal resin (POM) made from captured CO2 for fuel pump modules produced for a North American automaker. This milestone reflects continued momentum for Celanese Carbon Capture and Utilization (CCU) POM in automotive applications.
Celanese uses CCU-based chemical building blocks to turn CO2 emissions into high performance POM polymer that offers both reduced product carbon footprint (PCF) as well as a high percentage of circular content. POM ECO-C solutions are drop-in choices that enable Aisan to offer more sustainable components without sacrificing performance and helps automakers work towards sustainability goals with solutions that are both practical and impactful.
“Celanese can uniquely turn waste CO2 into a high performance polymer, helping customers meet sustainability goals,” said Todd Elliott, Senior Vice President, Celanese Engineered Materials. “POM ECO-C turns technology into practical solutions while maintaining performance and quality, and without requiring changes to existing designs or production processes.”
Celanese continues to advance materials and technologies that help reduce environmental impact and support progress toward carbon neutrality and more sustainable manufacturing. Its mass-balance based CCU platform is especially significant in supporting both ends of the integrated Celanese value chain by providing low-carbon feedstocks for ECO-C products across the Acetyl Chain and Engineered Materials businesses for customers seeking more sustainable solutions.
To learn more about Celanese sustainable product offerings, visit https://www.celanese.com/sustainability-offerings or explore detailed product information on https://askchemille.com.
About Celanese
Celanese is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We support sustainability by responsibly managing the materials we create and growing our portfolio of sustainable products to meet customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese Corporation is a Fortune 500 company that employs more than 11,000 employees worldwide with 2025 net sales of $9.5 billion.
Forward-Looking Statements
This release may contain “forward-looking statements,” which include information concerning Celanese’s plans, objectives, goals, strategies, financial condition, and other information that is not historical information. When used in this release, the words “projects,” “expects,” “anticipates,” “plans,” “intends,” “believes,” “will,” and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon current expectations and beliefs and various assumptions. There can be no assurance that Celanese will realize these expectations or that these beliefs will prove correct. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements contained in this release. Numerous factors, many of which are beyond Celanese’s control, could cause actual results to differ materially from those expressed as forward-looking statements. These factors include those that are discussed in Celanese’s filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and Celanese undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260608904458/en/
On June 08, 2026, Celanese Corp CE shares fell 3.8% to $49.08. This decline comes amid a broader trend, with the stock down 14.2% over the past month and 11.3% over the past year. The shares have traded within a 52-week range of $35.13 to $70.70.
GF Value™ verdict: Current price of $49.08 vs GF Value™ of $69.77 indicates the stock is 29.7% undervalued.GF Score™: 69/100, which is considered above average.Most notable signal: No insider transactions in the last 3 months. Is CE Overvalued or Undervalued? The current price of Celanese Corp CE at $49.08 is significantly lower than its GF Value™ estimate of $69.77, indicating that the stock is undervalued by 29.7%. This suggests a potential opportunity for investors looking for stocks with a margin of safety. However, it is important to note that the GF Valuation label indicates a "Possible Value Trap," advising caution. This means while the stock appears undervalued based on intrinsic value calculations, there may be underlying issues that could hinder performance going forward.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. For investors, the disparity between the current price and GF Value™ may signal a buying opportunity, albeit with the caveat of considering the company's financial indicators and market conditions.
How Does CE's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 8.0x 7.5x Currently, Celanese Corp is trading at a forward P/E of 8.0x, which is above its 5-year median P/E of 7.5x. This indicates that CE is trading at a higher valuation compared to its historical averages. This P/E analysis agrees with the GF Value™ verdict of being undervalued, but it also raises questions about whether the stock's recent price drop reflects broader market concerns or company-specific challenges.
What Does CE's GF Score™ Tell Us? Metric Rating GF Score™ 69 Financial Strength 4/10 Profitability 7/10 Growth 4/10 Valuation 8/10 Momentum 3/10 The GF Score™ of 69/100 indicates that Celanese Corp is positioned above average compared to its peers. The strongest area is its Valuation rank at 8/10, suggesting it is relatively attractively priced. However, the Financial Strength rank of 4/10 and a Momentum rank of 3/10 highlight potential weaknesses, indicating that while the stock may be undervalued, its financial stability and momentum are not as strong, warranting further scrutiny.
What Are Insiders Doing with CE Stock? There have been no insider transactions in the last 3 months for Celanese Corp. This lack of insider activity may suggest that executives are either confident in the current stock price or are waiting for more favorable conditions before making any trades. Typically, insider buying would signal confidence in the company's future prospects, while selling could indicate a lack of confidence or a need for liquidity.
What This Means for Investors Based on the GF Value™ assessment, Celanese Corp CE is currently undervalued. While this presents a potential opportunity, investors should consider the broader context, including financial strength and market conditions, before making decisions.
For the complete analysis, visit the Celanese Corp CE stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is CE's GF Score™?
CE's GF Score™ is 69/100, indicating that the stock ranks above average compared to its peers based on key financial metrics.
Is CE overvalued or undervalued?
CE is considered undervalued with a current price of $49.08 compared to its GF Value™ of $69.77, suggesting a significant margin of safety.
What is CE's P/E ratio?
CE's forward P/E ratio is 8.0x, which is above its 5-year median P/E of 7.5x, indicating that the stock is trading at a higher valuation compared to its historical averages.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Key Takeaways Celanese's CO2-based POM was selected by Aisan for fuel pump modules for a North American automaker.CE's POM ECO-C offers lower carbon footprint and high circular content without process changes.Celanese's CCU platform uses captured CO2 to supply lower-carbon materials across businesses. Celanese Corporation's (CE - Free Report) polyacetal resin (POM) produced from captured CO2 has been selected by Aisan Industry Kentucky, LLC for fuel pump modules supplied to a North American automaker. Aisan Industry Kentucky is a subsidiary of Japan-based Aisan Industry Co., Ltd. The move reflects the growing use of Celanese's Carbon Capture and Utilization (“CCU”) POM in automotive applications.
Celanese converts captured CO2 into high-performance POM polymer through its CCU technology. The resulting POM ECO-C material has a lower carbon footprint and contains a high level of circular content. The material is designed as a drop-in option, allowing manufacturers to adopt more sustainable materials without changing existing designs or production processes while maintaining performance standards.
By using POM ECO-C, Aisan can offer fuel pump modules with improved sustainability while preserving the performance and quality expected in automotive applications. The material also helps automakers work toward sustainability goals by offering a practical solution that can be adopted without modifying existing manufacturing processes.
Celanese continues to develop materials and technologies that reduce environmental impact and support progress toward carbon-neutral manufacturing. Its mass-balance-based CCU platform supplies low-carbon feedstocks for ECO-C products across the company’s Acetyl Chain and Engineered Materials businesses.
The platform supports both ends of Celanese’s value chain while helping customers access lower-carbon material options. Through its CCU technology, the company uses captured CO2 to produce high-performance materials for customers seeking lower-carbon and more sustainable alternatives.
CE shares have lost 17.3% over the past year compared with the industry’s 0.9% loss.
Image Source: Zacks Investment Research
CE’s Zacks Rank & Key PicksCE currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the Basic Materials space are Orla Mining Ltd. (ORLA - Free Report) , LyondellBasell Industries N.V. (LYB - Free Report) and Franco-Nevada Corporation (FNV - Free Report) .
While ORLA and LYB sport a Zacks Rank #1 (Strong Buy) each at present, FNV carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for ORLA’s 2026 earnings is pegged at $1.64 per share, indicating a rise of 82.2% year over year. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 8.16%.
The Zacks Consensus Estimate for LYB’s 2026 earnings is pinned at $8.73 per share, implying a 413.5% year-over-year surge. Its earnings outpaced the Zacks Consensus Estimate in two of the four trailing quarters while missing in the remaining two.
The Zacks Consensus Estimate for FNV’s 2026 earnings is pinned at $8.85 per share, suggesting a 58.6% year-over-year increase. Its earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 10.28%.