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

Celanese Corp is the larger business by last-quarter revenue ($2.2B vs $1.2B, roughly 1.9× Microchip Technology). Microchip Technology runs the higher net margin — 5.3% vs 0.6%, a 4.7% gap on every dollar of revenue. On growth, Microchip Technology posted the faster year-over-year revenue change (15.6% vs -7.0%). Microchip Technology produced more free cash flow last quarter ($318.9M vs $168.0M). Over the past eight quarters, Microchip Technology's revenue compounded faster (-5.4% 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).

Microchip Technology Incorporated is an American publicly traded semiconductor corporation that manufactures microcontroller, mixed-signal, analog, and Flash-IP integrated circuits.

CE vs MCHP — Head-to-Head

Bigger by revenue
CE
CE
1.9× larger
CE
$2.2B
$1.2B
MCHP
Growing faster (revenue YoY)
MCHP
MCHP
+22.6% gap
MCHP
15.6%
-7.0%
CE
Higher net margin
MCHP
MCHP
4.7% more per $
MCHP
5.3%
0.6%
CE
More free cash flow
MCHP
MCHP
$150.9M more FCF
MCHP
$318.9M
$168.0M
CE
Faster 2-yr revenue CAGR
MCHP
MCHP
Annualised
MCHP
-5.4%
-8.1%
CE

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
CE
CE
MCHP
MCHP
Revenue
$2.2B
$1.2B
Net Profit
$14.0M
$62.7M
Gross Margin
19.1%
59.6%
Operating Margin
4.0%
12.8%
Net Margin
0.6%
5.3%
Revenue YoY
-7.0%
15.6%
Net Profit YoY
100.7%
217.0%
EPS (diluted)
$0.13
$0.06

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
MCHP
MCHP
Q4 25
$2.2B
$1.2B
Q3 25
$2.4B
$1.1B
Q2 25
$2.5B
$1.1B
Q1 25
$2.4B
$970.5M
Q4 24
$2.4B
$1.0B
Q3 24
$2.6B
$1.2B
Q2 24
$2.7B
$1.2B
Q1 24
$2.6B
$1.3B
Net Profit
CE
CE
MCHP
MCHP
Q4 25
$14.0M
$62.7M
Q3 25
$-1.4B
$41.7M
Q2 25
$199.0M
$-18.6M
Q1 25
$-21.0M
$-154.6M
Q4 24
$-1.9B
$-53.6M
Q3 24
$116.0M
$78.4M
Q2 24
$155.0M
$129.3M
Q1 24
$121.0M
$154.7M
Gross Margin
CE
CE
MCHP
MCHP
Q4 25
19.1%
59.6%
Q3 25
21.5%
55.9%
Q2 25
21.1%
53.6%
Q1 25
19.9%
51.6%
Q4 24
22.7%
54.7%
Q3 24
23.5%
57.4%
Q2 24
24.2%
59.4%
Q1 24
21.2%
59.6%
Operating Margin
CE
CE
MCHP
MCHP
Q4 25
4.0%
12.8%
Q3 25
-52.7%
7.8%
Q2 25
9.2%
3.0%
Q1 25
7.0%
-10.3%
Q4 24
-59.3%
3.0%
Q3 24
9.4%
12.6%
Q2 24
9.4%
17.7%
Q1 24
8.0%
19.1%
Net Margin
CE
CE
MCHP
MCHP
Q4 25
0.6%
5.3%
Q3 25
-56.1%
3.7%
Q2 25
7.9%
-1.7%
Q1 25
-0.9%
-15.9%
Q4 24
-80.8%
-5.2%
Q3 24
4.4%
6.7%
Q2 24
5.8%
10.4%
Q1 24
4.6%
11.7%
EPS (diluted)
CE
CE
MCHP
MCHP
Q4 25
$0.13
$0.06
Q3 25
$-12.39
$0.03
Q2 25
$1.81
$-0.09
Q1 25
$-0.19
$-0.29
Q4 24
$-17.50
$-0.10
Q3 24
$1.06
$0.14
Q2 24
$1.41
$0.24
Q1 24
$1.10
$0.29

Balance Sheet & Financial Strength

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

Metric
CE
CE
MCHP
MCHP
Cash + ST InvestmentsLiquidity on hand
$250.7M
Total DebtLower is stronger
$11.4B
$5.4B
Stockholders' EquityBook value
$4.0B
$6.6B
Total Assets
$21.7B
$14.3B
Debt / EquityLower = less leverage
2.81×
0.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CE
CE
MCHP
MCHP
Q4 25
$250.7M
Q3 25
$236.8M
Q2 25
$566.5M
Q1 25
$771.7M
Q4 24
$586.0M
Q3 24
$286.1M
Q2 24
$315.1M
Q1 24
$319.7M
Total Debt
CE
CE
MCHP
MCHP
Q4 25
$11.4B
$5.4B
Q3 25
$11.7B
$5.4B
Q2 25
$12.7B
$5.5B
Q1 25
$12.4B
$5.6B
Q4 24
$11.1B
$6.7B
Q3 24
$11.3B
$6.4B
Q2 24
$11.1B
$6.2B
Q1 24
$11.0B
$6.0B
Stockholders' Equity
CE
CE
MCHP
MCHP
Q4 25
$4.0B
$6.6B
Q3 25
$4.0B
$6.7B
Q2 25
$5.3B
$6.9B
Q1 25
$5.2B
$7.1B
Q4 24
$5.2B
$6.0B
Q3 24
$7.3B
$6.3B
Q2 24
$7.2B
$6.4B
Q1 24
$7.1B
$6.7B
Total Assets
CE
CE
MCHP
MCHP
Q4 25
$21.7B
$14.3B
Q3 25
$22.2B
$14.5B
Q2 25
$23.7B
$15.0B
Q1 25
$23.2B
$15.4B
Q4 24
$22.9B
$15.6B
Q3 24
$25.9B
$15.6B
Q2 24
$25.8B
$15.8B
Q1 24
$26.0B
$15.9B
Debt / Equity
CE
CE
MCHP
MCHP
Q4 25
2.81×
0.82×
Q3 25
2.95×
0.80×
Q2 25
2.41×
0.80×
Q1 25
2.39×
0.80×
Q4 24
2.14×
1.12×
Q3 24
1.56×
1.02×
Q2 24
1.54×
0.96×
Q1 24
1.56×
0.90×

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
MCHP
MCHP
Operating Cash FlowLast quarter
$252.0M
$341.4M
Free Cash FlowOCF − Capex
$168.0M
$318.9M
FCF MarginFCF / Revenue
7.6%
26.9%
Capex IntensityCapex / Revenue
3.8%
1.9%
Cash ConversionOCF / Net Profit
18.00×
5.44×
TTM Free Cash FlowTrailing 4 quarters
$803.0M
$819.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CE
CE
MCHP
MCHP
Q4 25
$252.0M
$341.4M
Q3 25
$447.0M
$88.1M
Q2 25
$410.0M
$275.6M
Q1 25
$37.0M
$205.9M
Q4 24
$494.0M
$271.5M
Q3 24
$79.0M
$43.6M
Q2 24
$292.0M
$377.1M
Q1 24
$101.0M
$430.0M
Free Cash Flow
CE
CE
MCHP
MCHP
Q4 25
$168.0M
$318.9M
Q3 25
$383.0M
$51.6M
Q2 25
$317.0M
$257.7M
Q1 25
$-65.0M
$191.7M
Q4 24
$389.0M
$253.4M
Q3 24
$-9.0M
$22.8M
Q2 24
$187.0M
$304.2M
Q1 24
$-36.0M
$389.9M
FCF Margin
CE
CE
MCHP
MCHP
Q4 25
7.6%
26.9%
Q3 25
15.8%
4.5%
Q2 25
12.5%
24.0%
Q1 25
-2.7%
19.8%
Q4 24
16.4%
24.7%
Q3 24
-0.3%
2.0%
Q2 24
7.1%
24.5%
Q1 24
-1.4%
29.4%
Capex Intensity
CE
CE
MCHP
MCHP
Q4 25
3.8%
1.9%
Q3 25
2.6%
3.2%
Q2 25
3.7%
1.7%
Q1 25
4.3%
1.5%
Q4 24
4.4%
1.8%
Q3 24
3.3%
1.8%
Q2 24
4.0%
5.9%
Q1 24
5.2%
3.0%
Cash Conversion
CE
CE
MCHP
MCHP
Q4 25
18.00×
5.44×
Q3 25
2.11×
Q2 25
2.06×
Q1 25
Q4 24
Q3 24
0.68×
0.56×
Q2 24
1.88×
2.92×
Q1 24
0.83×
2.78×

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%

MCHP
MCHP

Mixed Signal Microcontrollers$586.5M49%
Analog$322.9M27%
Other Product Line$276.6M23%

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