vs

Side-by-side financial comparison of Celanese Corp (CE) and CARVANA CO. (CVNA). Click either name above to swap in a different company.

CARVANA CO. is the larger business by last-quarter revenue ($4.2B vs $2.2B, roughly 1.9× Celanese Corp). CARVANA CO. runs the higher net margin — 8.8% vs 0.6%, a 8.2% gap on every dollar of revenue. On growth, Celanese Corp posted the faster year-over-year revenue change (-7.0% vs -34.2%). Over the past eight quarters, CARVANA CO.'s revenue compounded faster (11.4% 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).

Carvana Co. is an online used car retailer based in Tempe, Arizona. Carvana was named to the 2021 Fortune 500 list, one of the youngest companies to be added to the list.

CE vs CVNA — Head-to-Head

Bigger by revenue
CVNA
CVNA
1.9× larger
CVNA
$4.2B
$2.2B
CE
Growing faster (revenue YoY)
CE
CE
+27.2% gap
CE
-7.0%
-34.2%
CVNA
Higher net margin
CVNA
CVNA
8.2% more per $
CVNA
8.8%
0.6%
CE
Faster 2-yr revenue CAGR
CVNA
CVNA
Annualised
CVNA
11.4%
-8.1%
CE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CE
CE
CVNA
CVNA
Revenue
$2.2B
$4.2B
Net Profit
$14.0M
$373.0M
Gross Margin
19.1%
Operating Margin
4.0%
9.3%
Net Margin
0.6%
8.8%
Revenue YoY
-7.0%
-34.2%
Net Profit YoY
100.7%
-7.9%
EPS (diluted)
$0.13

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.

Revenue
CE
CE
CVNA
CVNA
Q1 26
$4.2B
Q4 25
$2.2B
$5.6B
Q3 25
$2.4B
$5.6B
Q2 25
$2.5B
$4.8B
Q1 25
$2.4B
$4.2B
Q4 24
$2.4B
$3.5B
Q3 24
$2.6B
$3.7B
Q2 24
$2.7B
$3.4B
Net Profit
CE
CE
CVNA
CVNA
Q1 26
$373.0M
Q4 25
$14.0M
$857.0M
Q3 25
$-1.4B
$151.0M
Q2 25
$199.0M
$183.0M
Q1 25
$-21.0M
$216.0M
Q4 24
$-1.9B
$79.0M
Q3 24
$116.0M
$85.0M
Q2 24
$155.0M
$18.0M
Gross Margin
CE
CE
CVNA
CVNA
Q1 26
Q4 25
19.1%
18.8%
Q3 25
21.5%
20.3%
Q2 25
21.1%
22.0%
Q1 25
19.9%
22.0%
Q4 24
22.7%
21.5%
Q3 24
23.5%
22.1%
Q2 24
24.2%
21.0%
Operating Margin
CE
CE
CVNA
CVNA
Q1 26
9.3%
Q4 25
4.0%
7.6%
Q3 25
-52.7%
9.8%
Q2 25
9.2%
10.6%
Q1 25
7.0%
9.3%
Q4 24
-59.3%
7.3%
Q3 24
9.4%
9.2%
Q2 24
9.4%
7.6%
Net Margin
CE
CE
CVNA
CVNA
Q1 26
8.8%
Q4 25
0.6%
15.3%
Q3 25
-56.1%
2.7%
Q2 25
7.9%
3.8%
Q1 25
-0.9%
5.1%
Q4 24
-80.8%
2.2%
Q3 24
4.4%
2.3%
Q2 24
5.8%
0.5%
EPS (diluted)
CE
CE
CVNA
CVNA
Q1 26
Q4 25
$0.13
Q3 25
$-12.39
Q2 25
$1.81
Q1 25
$-0.19
Q4 24
$-17.50
Q3 24
$1.06
Q2 24
$1.41

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CE
CE
CVNA
CVNA
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$11.4B
Stockholders' EquityBook value
$4.0B
Total Assets
$21.7B
Debt / EquityLower = less leverage
2.81×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CE
CE
CVNA
CVNA
Q1 26
Q4 25
$2.3B
Q3 25
$2.1B
Q2 25
$1.9B
Q1 25
$1.9B
Q4 24
$1.7B
Q3 24
$871.0M
Q2 24
$542.0M
Total Debt
CE
CE
CVNA
CVNA
Q1 26
Q4 25
$11.4B
$4.9B
Q3 25
$11.7B
Q2 25
$12.7B
Q1 25
$12.4B
Q4 24
$11.1B
$5.3B
Q3 24
$11.3B
Q2 24
$11.1B
Stockholders' Equity
CE
CE
CVNA
CVNA
Q1 26
Q4 25
$4.0B
$3.4B
Q3 25
$4.0B
$2.3B
Q2 25
$5.3B
$1.7B
Q1 25
$5.2B
$1.5B
Q4 24
$5.2B
$1.3B
Q3 24
$7.3B
$611.0M
Q2 24
$7.2B
$526.0M
Total Assets
CE
CE
CVNA
CVNA
Q1 26
Q4 25
$21.7B
$13.2B
Q3 25
$22.2B
$9.9B
Q2 25
$23.7B
$9.4B
Q1 25
$23.2B
$8.9B
Q4 24
$22.9B
$8.5B
Q3 24
$25.9B
$7.4B
Q2 24
$25.8B
$7.2B
Debt / Equity
CE
CE
CVNA
CVNA
Q1 26
Q4 25
2.81×
1.43×
Q3 25
2.95×
Q2 25
2.41×
Q1 25
2.39×
Q4 24
2.14×
4.20×
Q3 24
1.56×
Q2 24
1.54×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CE
CE
CVNA
CVNA
Operating Cash FlowLast quarter
$252.0M
Free Cash FlowOCF − Capex
$168.0M
FCF MarginFCF / Revenue
7.6%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
18.00×
TTM Free Cash FlowTrailing 4 quarters
$803.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CE
CE
CVNA
CVNA
Q1 26
Q4 25
$252.0M
$430.0M
Q3 25
$447.0M
$345.0M
Q2 25
$410.0M
$29.0M
Q1 25
$37.0M
$232.0M
Q4 24
$494.0M
$60.0M
Q3 24
$79.0M
$403.0M
Q2 24
$292.0M
$354.0M
Free Cash Flow
CE
CE
CVNA
CVNA
Q1 26
Q4 25
$168.0M
$379.0M
Q3 25
$383.0M
$307.0M
Q2 25
$317.0M
$-2.0M
Q1 25
$-65.0M
$205.0M
Q4 24
$389.0M
$36.0M
Q3 24
$-9.0M
$376.0M
Q2 24
$187.0M
$332.0M
FCF Margin
CE
CE
CVNA
CVNA
Q1 26
Q4 25
7.6%
6.8%
Q3 25
15.8%
5.4%
Q2 25
12.5%
-0.0%
Q1 25
-2.7%
4.8%
Q4 24
16.4%
1.0%
Q3 24
-0.3%
10.3%
Q2 24
7.1%
9.7%
Capex Intensity
CE
CE
CVNA
CVNA
Q1 26
Q4 25
3.8%
0.9%
Q3 25
2.6%
0.7%
Q2 25
3.7%
0.6%
Q1 25
4.3%
0.6%
Q4 24
4.4%
0.7%
Q3 24
3.3%
0.7%
Q2 24
4.0%
0.6%
Cash Conversion
CE
CE
CVNA
CVNA
Q1 26
Q4 25
18.00×
0.50×
Q3 25
2.28×
Q2 25
2.06×
0.16×
Q1 25
1.07×
Q4 24
0.76×
Q3 24
0.68×
4.74×
Q2 24
1.88×
19.67×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CE
CE

Engineered Materials$1.3B58%
Acetyl Chain$940.0M43%

CVNA
CVNA

Segment breakdown not available.

Related Comparisons