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Side-by-side financial comparison of Celanese Corp (CE) and CVR ENERGY INC (CVI). Click either name above to swap in a different company.
Celanese Corp is the larger business by last-quarter revenue ($2.2B vs $2.0B, roughly 1.1× CVR ENERGY INC). Celanese Corp runs the higher net margin — 0.6% vs -8.1%, a 8.7% gap on every dollar of revenue. On growth, CVR ENERGY INC posted the faster year-over-year revenue change (20.3% vs -7.0%). Celanese Corp produced more free cash flow last quarter ($168.0M vs $21.0M). Over the past eight quarters, CVR ENERGY INC's revenue compounded faster (0.3% CAGR vs -8.1%).
Celanese Corporation, formerly known as Hoechst Celanese, is an American technology and specialty materials company headquartered in Irving, Texas. It is a Fortune 500 corporation. The company is the world's leading producer of acetic acid, producing about 1.95 million tonnes per year, representing approximately 20% of global production. Celanese is also the world's largest producer of vinyl acetate monomer (VAM).
CVR Energy Inc is a United States-based energy holding company operating two core segments: petroleum refining and nitrogen fertilizer manufacturing. It produces a wide range of products including gasoline, diesel, jet fuel, and agricultural fertilizers, primarily serving commercial, industrial and agricultural customers across North America.
CE vs CVI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.2B | $2.0B |
| Net Profit | $14.0M | $-160.0M |
| Gross Margin | 19.1% | -5.2% |
| Operating Margin | 4.0% | — |
| Net Margin | 0.6% | -8.1% |
| Revenue YoY | -7.0% | 20.3% |
| Net Profit YoY | 100.7% | -56.1% |
| EPS (diluted) | $0.13 | $-1.91 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $2.0B | ||
| Q4 25 | $2.2B | $1.8B | ||
| Q3 25 | $2.4B | $1.9B | ||
| Q2 25 | $2.5B | $1.8B | ||
| Q1 25 | $2.4B | $1.6B | ||
| Q4 24 | $2.4B | $1.9B | ||
| Q3 24 | $2.6B | $1.8B | ||
| Q2 24 | $2.7B | $2.0B |
| Q1 26 | — | $-160.0M | ||
| Q4 25 | $14.0M | $-110.0M | ||
| Q3 25 | $-1.4B | $374.0M | ||
| Q2 25 | $199.0M | $-114.0M | ||
| Q1 25 | $-21.0M | $-123.0M | ||
| Q4 24 | $-1.9B | $28.0M | ||
| Q3 24 | $116.0M | $-124.0M | ||
| Q2 24 | $155.0M | $21.0M |
| Q1 26 | — | -5.2% | ||
| Q4 25 | 19.1% | -3.1% | ||
| Q3 25 | 21.5% | 28.8% | ||
| Q2 25 | 21.1% | -3.7% | ||
| Q1 25 | 19.9% | -5.5% | ||
| Q4 24 | 22.7% | 3.0% | ||
| Q3 24 | 23.5% | -3.9% | ||
| Q2 24 | 24.2% | 2.9% |
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | -5.3% | ||
| Q3 25 | -52.7% | 26.3% | ||
| Q2 25 | 9.2% | -5.8% | ||
| Q1 25 | 7.0% | -8.0% | ||
| Q4 24 | -59.3% | 1.1% | ||
| Q3 24 | 9.4% | -6.2% | ||
| Q2 24 | 9.4% | 1.4% |
| Q1 26 | — | -8.1% | ||
| Q4 25 | 0.6% | -6.1% | ||
| Q3 25 | -56.1% | 19.2% | ||
| Q2 25 | 7.9% | -6.5% | ||
| Q1 25 | -0.9% | -7.5% | ||
| Q4 24 | -80.8% | 1.4% | ||
| Q3 24 | 4.4% | -6.8% | ||
| Q2 24 | 5.8% | 1.1% |
| Q1 26 | — | $-1.91 | ||
| Q4 25 | $0.13 | $-1.09 | ||
| Q3 25 | $-12.39 | $3.72 | ||
| Q2 25 | $1.81 | $-1.14 | ||
| Q1 25 | $-0.19 | $-1.22 | ||
| Q4 24 | $-17.50 | $0.28 | ||
| Q3 24 | $1.06 | $-1.24 | ||
| Q2 24 | $1.41 | $0.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $512.0M |
| Total DebtLower is stronger | $11.4B | — |
| Stockholders' EquityBook value | $4.0B | — |
| Total Assets | $21.7B | $3.9B |
| Debt / EquityLower = less leverage | 2.81× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $512.0M | ||
| Q4 25 | — | $511.0M | ||
| Q3 25 | — | $670.0M | ||
| Q2 25 | — | $596.0M | ||
| Q1 25 | — | $695.0M | ||
| Q4 24 | — | $987.0M | ||
| Q3 24 | — | $534.0M | ||
| Q2 24 | — | $586.0M |
| Q1 26 | — | — | ||
| Q4 25 | $11.4B | $1.8B | ||
| Q3 25 | $11.7B | $1.8B | ||
| Q2 25 | $12.7B | $1.8B | ||
| Q1 25 | $12.4B | $1.9B | ||
| Q4 24 | $11.1B | $1.9B | ||
| Q3 24 | $11.3B | $1.6B | ||
| Q2 24 | $11.1B | $1.6B |
| Q1 26 | — | — | ||
| Q4 25 | $4.0B | $730.0M | ||
| Q3 25 | $4.0B | $840.0M | ||
| Q2 25 | $5.3B | $466.0M | ||
| Q1 25 | $5.2B | $580.0M | ||
| Q4 24 | $5.2B | $703.0M | ||
| Q3 24 | $7.3B | $675.0M | ||
| Q2 24 | $7.2B | $849.0M |
| Q1 26 | — | $3.9B | ||
| Q4 25 | $21.7B | $3.7B | ||
| Q3 25 | $22.2B | $4.0B | ||
| Q2 25 | $23.7B | $4.0B | ||
| Q1 25 | $23.2B | $4.3B | ||
| Q4 24 | $22.9B | $4.3B | ||
| Q3 24 | $25.9B | $3.9B | ||
| Q2 24 | $25.8B | $4.0B |
| Q1 26 | — | — | ||
| Q4 25 | 2.81× | 2.40× | ||
| Q3 25 | 2.95× | 2.17× | ||
| Q2 25 | 2.41× | 3.97× | ||
| Q1 25 | 2.39× | 3.29× | ||
| Q4 24 | 2.14× | 2.71× | ||
| Q3 24 | 1.56× | 2.33× | ||
| Q2 24 | 1.54× | 1.86× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $252.0M | — |
| Free Cash FlowOCF − Capex | $168.0M | $21.0M |
| FCF MarginFCF / Revenue | 7.6% | 1.1% |
| Capex IntensityCapex / Revenue | 3.8% | 1.5% |
| Cash ConversionOCF / Net Profit | 18.00× | — |
| TTM Free Cash FlowTrailing 4 quarters | $803.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $252.0M | $0 | ||
| Q3 25 | $447.0M | $163.0M | ||
| Q2 25 | $410.0M | $176.0M | ||
| Q1 25 | $37.0M | $-195.0M | ||
| Q4 24 | $494.0M | $98.0M | ||
| Q3 24 | $79.0M | $48.0M | ||
| Q2 24 | $292.0M | $81.0M |
| Q1 26 | — | $21.0M | ||
| Q4 25 | $168.0M | — | ||
| Q3 25 | $383.0M | $125.0M | ||
| Q2 25 | $317.0M | $135.0M | ||
| Q1 25 | $-65.0M | $-246.0M | ||
| Q4 24 | $389.0M | $43.0M | ||
| Q3 24 | $-9.0M | $14.0M | ||
| Q2 24 | $187.0M | $38.0M |
| Q1 26 | — | 1.1% | ||
| Q4 25 | 7.6% | — | ||
| Q3 25 | 15.8% | 6.4% | ||
| Q2 25 | 12.5% | 7.7% | ||
| Q1 25 | -2.7% | -14.9% | ||
| Q4 24 | 16.4% | 2.2% | ||
| Q3 24 | -0.3% | 0.8% | ||
| Q2 24 | 7.1% | 1.9% |
| Q1 26 | — | 1.5% | ||
| Q4 25 | 3.8% | 3.0% | ||
| Q3 25 | 2.6% | 2.0% | ||
| Q2 25 | 3.7% | 2.3% | ||
| Q1 25 | 4.3% | 3.1% | ||
| Q4 24 | 4.4% | 2.8% | ||
| Q3 24 | 3.3% | 1.9% | ||
| Q2 24 | 4.0% | 2.2% |
| Q1 26 | — | — | ||
| Q4 25 | 18.00× | — | ||
| Q3 25 | — | 0.44× | ||
| Q2 25 | 2.06× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 3.50× | ||
| Q3 24 | 0.68× | — | ||
| Q2 24 | 1.88× | 3.86× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CE
| Engineered Materials | $1.3B | 58% |
| Acetyl Chain | $940.0M | 43% |
CVI
Segment breakdown not available.
