vs

Side-by-side financial comparison of Celanese Corp (CE) and MARKEL GROUP INC. (MKL). Click either name above to swap in a different company.

MARKEL GROUP INC. is the larger business by last-quarter revenue ($3.6B vs $2.2B, roughly 1.6× Celanese Corp). MARKEL GROUP INC. runs the higher net margin — 16.1% vs 0.6%, a 15.5% gap on every dollar of revenue. On growth, MARKEL GROUP INC. posted the faster year-over-year revenue change (-6.9% vs -7.0%). MARKEL GROUP INC. produced more free cash flow last quarter ($599.1M vs $168.0M). Over the past eight quarters, Celanese Corp's revenue compounded faster (-8.1% CAGR vs -10.5%).

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).

Markel Group Inc. is a group of companies headquartered in Richmond, Virginia, and originally founded in 1930 as an insurance company.

CE vs MKL — Head-to-Head

Bigger by revenue
MKL
MKL
1.6× larger
MKL
$3.6B
$2.2B
CE
Growing faster (revenue YoY)
MKL
MKL
+0.1% gap
MKL
-6.9%
-7.0%
CE
Higher net margin
MKL
MKL
15.5% more per $
MKL
16.1%
0.6%
CE
More free cash flow
MKL
MKL
$431.1M more FCF
MKL
$599.1M
$168.0M
CE
Faster 2-yr revenue CAGR
CE
CE
Annualised
CE
-8.1%
-10.5%
MKL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CE
CE
MKL
MKL
Revenue
$2.2B
$3.6B
Net Profit
$14.0M
$576.8M
Gross Margin
19.1%
Operating Margin
4.0%
22.2%
Net Margin
0.6%
16.1%
Revenue YoY
-7.0%
-6.9%
Net Profit YoY
100.7%
5.0%
EPS (diluted)
$0.13
$48.22

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
MKL
MKL
Q4 25
$2.2B
$3.6B
Q3 25
$2.4B
$3.9B
Q2 25
$2.5B
$4.6B
Q1 25
$2.4B
$3.4B
Q4 24
$2.4B
$3.8B
Q3 24
$2.6B
$4.6B
Q2 24
$2.7B
$3.7B
Q1 24
$2.6B
$4.5B
Net Profit
CE
CE
MKL
MKL
Q4 25
$14.0M
$576.8M
Q3 25
$-1.4B
$751.3M
Q2 25
$199.0M
$657.1M
Q1 25
$-21.0M
$121.7M
Q4 24
$-1.9B
$549.2M
Q3 24
$116.0M
$905.0M
Q2 24
$155.0M
$267.7M
Q1 24
$121.0M
$1.0B
Gross Margin
CE
CE
MKL
MKL
Q4 25
19.1%
Q3 25
21.5%
Q2 25
21.1%
Q1 25
19.9%
Q4 24
22.7%
Q3 24
23.5%
Q2 24
24.2%
Q1 24
21.2%
Operating Margin
CE
CE
MKL
MKL
Q4 25
4.0%
22.2%
Q3 25
-52.7%
25.7%
Q2 25
9.2%
24.1%
Q1 25
7.0%
8.3%
Q4 24
-59.3%
15.5%
Q3 24
9.4%
29.7%
Q2 24
9.4%
11.1%
Q1 24
8.0%
29.9%
Net Margin
CE
CE
MKL
MKL
Q4 25
0.6%
16.1%
Q3 25
-56.1%
19.1%
Q2 25
7.9%
14.3%
Q1 25
-0.9%
3.6%
Q4 24
-80.8%
14.3%
Q3 24
4.4%
19.6%
Q2 24
5.8%
7.2%
Q1 24
4.6%
23.0%
EPS (diluted)
CE
CE
MKL
MKL
Q4 25
$0.13
$48.22
Q3 25
$-12.39
$59.25
Q2 25
$1.81
$49.67
Q1 25
$-0.19
$12.08
Q4 24
$-17.50
$39.02
Q3 24
$1.06
$66.25
Q2 24
$1.41
$18.62
Q1 24
$1.10
$75.43

Balance Sheet & Financial Strength

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

Metric
CE
CE
MKL
MKL
Cash + ST InvestmentsLiquidity on hand
$4.0B
Total DebtLower is stronger
$11.4B
$4.3B
Stockholders' EquityBook value
$4.0B
$18.6B
Total Assets
$21.7B
$68.9B
Debt / EquityLower = less leverage
2.81×
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CE
CE
MKL
MKL
Q4 25
$4.0B
Q3 25
$4.0B
Q2 25
$3.7B
Q1 25
$4.2B
Q4 24
$3.7B
Q3 24
$3.9B
Q2 24
$3.5B
Q1 24
$3.6B
Total Debt
CE
CE
MKL
MKL
Q4 25
$11.4B
$4.3B
Q3 25
$11.7B
$4.3B
Q2 25
$12.7B
$4.4B
Q1 25
$12.4B
$4.4B
Q4 24
$11.1B
$4.3B
Q3 24
$11.3B
$4.4B
Q2 24
$11.1B
$4.4B
Q1 24
$11.0B
$3.9B
Stockholders' Equity
CE
CE
MKL
MKL
Q4 25
$4.0B
$18.6B
Q3 25
$4.0B
$18.0B
Q2 25
$5.3B
$17.3B
Q1 25
$5.2B
$17.1B
Q4 24
$5.2B
$16.9B
Q3 24
$7.3B
$17.0B
Q2 24
$7.2B
$15.9B
Q1 24
$7.1B
$15.7B
Total Assets
CE
CE
MKL
MKL
Q4 25
$21.7B
$68.9B
Q3 25
$22.2B
$67.4B
Q2 25
$23.7B
$66.8B
Q1 25
$23.2B
$64.6B
Q4 24
$22.9B
$61.9B
Q3 24
$25.9B
$62.3B
Q2 24
$25.8B
$59.7B
Q1 24
$26.0B
$57.3B
Debt / Equity
CE
CE
MKL
MKL
Q4 25
2.81×
0.23×
Q3 25
2.95×
0.24×
Q2 25
2.41×
0.25×
Q1 25
2.39×
0.26×
Q4 24
2.14×
0.26×
Q3 24
1.56×
0.26×
Q2 24
1.54×
0.28×
Q1 24
1.56×
0.25×

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
MKL
MKL
Operating Cash FlowLast quarter
$252.0M
$662.2M
Free Cash FlowOCF − Capex
$168.0M
$599.1M
FCF MarginFCF / Revenue
7.6%
16.7%
Capex IntensityCapex / Revenue
3.8%
1.8%
Cash ConversionOCF / Net Profit
18.00×
1.15×
TTM Free Cash FlowTrailing 4 quarters
$803.0M
$2.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CE
CE
MKL
MKL
Q4 25
$252.0M
$662.2M
Q3 25
$447.0M
$1.2B
Q2 25
$410.0M
$504.4M
Q1 25
$37.0M
$376.2M
Q4 24
$494.0M
$493.9M
Q3 24
$79.0M
$890.8M
Q2 24
$292.0M
$578.6M
Q1 24
$101.0M
$630.7M
Free Cash Flow
CE
CE
MKL
MKL
Q4 25
$168.0M
$599.1M
Q3 25
$383.0M
$1.2B
Q2 25
$317.0M
$453.8M
Q1 25
$-65.0M
$335.5M
Q4 24
$389.0M
$420.0M
Q3 24
$-9.0M
$838.9M
Q2 24
$187.0M
$521.4M
Q1 24
$-36.0M
$558.7M
FCF Margin
CE
CE
MKL
MKL
Q4 25
7.6%
16.7%
Q3 25
15.8%
29.6%
Q2 25
12.5%
9.9%
Q1 25
-2.7%
9.9%
Q4 24
16.4%
10.9%
Q3 24
-0.3%
18.2%
Q2 24
7.1%
14.1%
Q1 24
-1.4%
12.5%
Capex Intensity
CE
CE
MKL
MKL
Q4 25
3.8%
1.8%
Q3 25
2.6%
1.3%
Q2 25
3.7%
1.1%
Q1 25
4.3%
1.2%
Q4 24
4.4%
1.9%
Q3 24
3.3%
1.1%
Q2 24
4.0%
1.5%
Q1 24
5.2%
1.6%
Cash Conversion
CE
CE
MKL
MKL
Q4 25
18.00×
1.15×
Q3 25
1.62×
Q2 25
2.06×
0.77×
Q1 25
3.09×
Q4 24
0.90×
Q3 24
0.68×
0.98×
Q2 24
1.88×
2.16×
Q1 24
0.83×
0.62×

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%

MKL
MKL

Industrial$1.6B45%
Consumer And Other$958.3M27%
Financial$737.0M21%
Other$198.8M6%
Corporate Operations$52.0M1%
Revenue From Contract With Customer$10.5M0%

Related Comparisons