vs
Side-by-side financial comparison of Celanese Corp (CE) and SEALED AIR CORP (SEE). Click either name above to swap in a different company.
Celanese Corp is the larger business by last-quarter revenue ($2.2B vs $1.4B, roughly 1.6× SEALED AIR CORP). SEALED AIR CORP runs the higher net margin — 3.1% vs 0.6%, a 2.5% gap on every dollar of revenue. On growth, SEALED AIR CORP posted the faster year-over-year revenue change (2.6% vs -7.0%). SEALED AIR CORP produced more free cash flow last quarter ($257.7M vs $168.0M). Over the past eight quarters, SEALED AIR CORP's revenue compounded faster (2.7% 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).
Sealed Air Corporation is a global provider of innovative packaging and protective solutions. Its core offerings include cushioning materials, food safety and preservation packaging, and sustainable waste-reducing packaging systems, serving retail, e-commerce, food and beverage, and industrial manufacturing markets worldwide.
CE vs SEE — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $2.2B | $1.4B |
| Net Profit | $14.0M | $43.8M |
| Gross Margin | 19.1% | 28.6% |
| Operating Margin | 4.0% | 11.4% |
| Net Margin | 0.6% | 3.1% |
| Revenue YoY | -7.0% | 2.6% |
| Net Profit YoY | 100.7% | 700.0% |
| EPS (diluted) | $0.13 | $0.30 |
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.
| Q4 25 | $2.2B | $1.4B | ||
| Q3 25 | $2.4B | $1.3B | ||
| Q2 25 | $2.5B | $1.3B | ||
| Q1 25 | $2.4B | $1.3B | ||
| Q4 24 | $2.4B | $1.4B | ||
| Q3 24 | $2.6B | $1.3B | ||
| Q2 24 | $2.7B | $1.3B | ||
| Q1 24 | $2.6B | $1.3B |
| Q4 25 | $14.0M | $43.8M | ||
| Q3 25 | $-1.4B | $255.1M | ||
| Q2 25 | $199.0M | $93.1M | ||
| Q1 25 | $-21.0M | $113.5M | ||
| Q4 24 | $-1.9B | $-7.3M | ||
| Q3 24 | $116.0M | $91.7M | ||
| Q2 24 | $155.0M | $98.3M | ||
| Q1 24 | $121.0M | $82.0M |
| Q4 25 | 19.1% | 28.6% | ||
| Q3 25 | 21.5% | 29.8% | ||
| Q2 25 | 21.1% | 30.7% | ||
| Q1 25 | 19.9% | 30.9% | ||
| Q4 24 | 22.7% | 30.0% | ||
| Q3 24 | 23.5% | 30.1% | ||
| Q2 24 | 24.2% | 31.2% | ||
| Q1 24 | 21.2% | 30.3% |
| Q4 25 | 4.0% | 11.4% | ||
| Q3 25 | -52.7% | 13.8% | ||
| Q2 25 | 9.2% | 15.0% | ||
| Q1 25 | 7.0% | 14.5% | ||
| Q4 24 | -59.3% | 11.7% | ||
| Q3 24 | 9.4% | 13.9% | ||
| Q2 24 | 9.4% | 15.4% | ||
| Q1 24 | 8.0% | 14.0% |
| Q4 25 | 0.6% | 3.1% | ||
| Q3 25 | -56.1% | 19.0% | ||
| Q2 25 | 7.9% | 7.0% | ||
| Q1 25 | -0.9% | 9.0% | ||
| Q4 24 | -80.8% | -0.5% | ||
| Q3 24 | 4.4% | 6.9% | ||
| Q2 24 | 5.8% | 7.4% | ||
| Q1 24 | 4.6% | 6.2% |
| Q4 25 | $0.13 | $0.30 | ||
| Q3 25 | $-12.39 | $1.73 | ||
| Q2 25 | $1.81 | $0.63 | ||
| Q1 25 | $-0.19 | $0.77 | ||
| Q4 24 | $-17.50 | $-0.05 | ||
| Q3 24 | $1.06 | $0.63 | ||
| Q2 24 | $1.41 | $0.67 | ||
| Q1 24 | $1.10 | $0.56 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $344.0M |
| Total DebtLower is stronger | $11.4B | $3.3B |
| Stockholders' EquityBook value | $4.0B | $1.2B |
| Total Assets | $21.7B | $7.0B |
| Debt / EquityLower = less leverage | 2.81× | 2.65× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $344.0M | ||
| Q3 25 | — | $282.5M | ||
| Q2 25 | — | $354.4M | ||
| Q1 25 | — | $335.2M | ||
| Q4 24 | — | $371.8M | ||
| Q3 24 | — | $386.0M | ||
| Q2 24 | — | $388.6M | ||
| Q1 24 | — | $352.8M |
| Q4 25 | $11.4B | $3.3B | ||
| Q3 25 | $11.7B | $4.0B | ||
| Q2 25 | $12.7B | $4.0B | ||
| Q1 25 | $12.4B | $4.2B | ||
| Q4 24 | $11.1B | $4.2B | ||
| Q3 24 | $11.3B | $4.3B | ||
| Q2 24 | $11.1B | $4.4B | ||
| Q1 24 | $11.0B | $4.5B |
| Q4 25 | $4.0B | $1.2B | ||
| Q3 25 | $4.0B | $1.2B | ||
| Q2 25 | $5.3B | $953.1M | ||
| Q1 25 | $5.2B | $797.9M | ||
| Q4 24 | $5.2B | $624.5M | ||
| Q3 24 | $7.3B | $771.2M | ||
| Q2 24 | $7.2B | $650.1M | ||
| Q1 24 | $7.1B | $598.3M |
| Q4 25 | $21.7B | $7.0B | ||
| Q3 25 | $22.2B | $7.1B | ||
| Q2 25 | $23.7B | $7.2B | ||
| Q1 25 | $23.2B | $7.0B | ||
| Q4 24 | $22.9B | $7.0B | ||
| Q3 24 | $25.9B | $7.3B | ||
| Q2 24 | $25.8B | $7.3B | ||
| Q1 24 | $26.0B | $7.2B |
| Q4 25 | 2.81× | 2.65× | ||
| Q3 25 | 2.95× | 3.34× | ||
| Q2 25 | 2.41× | 4.18× | ||
| Q1 25 | 2.39× | 5.26× | ||
| Q4 24 | 2.14× | 6.72× | ||
| Q3 24 | 1.56× | 5.62× | ||
| Q2 24 | 1.54× | 6.81× | ||
| Q1 24 | 1.56× | 7.49× |
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 | $293.6M |
| Free Cash FlowOCF − Capex | $168.0M | $257.7M |
| FCF MarginFCF / Revenue | 7.6% | 18.5% |
| Capex IntensityCapex / Revenue | 3.8% | 2.6% |
| Cash ConversionOCF / Net Profit | 18.00× | 6.70× |
| TTM Free Cash FlowTrailing 4 quarters | $803.0M | $458.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $252.0M | $293.6M | ||
| Q3 25 | $447.0M | $165.9M | ||
| Q2 25 | $410.0M | $136.6M | ||
| Q1 25 | $37.0M | $31.9M | ||
| Q4 24 | $494.0M | $244.2M | ||
| Q3 24 | $79.0M | $170.5M | ||
| Q2 24 | $292.0M | $188.2M | ||
| Q1 24 | $101.0M | $125.1M |
| Q4 25 | $168.0M | $257.7M | ||
| Q3 25 | $383.0M | $119.6M | ||
| Q2 25 | $317.0M | $93.2M | ||
| Q1 25 | $-65.0M | $-12.0M | ||
| Q4 24 | $389.0M | $185.1M | ||
| Q3 24 | $-9.0M | $115.2M | ||
| Q2 24 | $187.0M | $129.5M | ||
| Q1 24 | $-36.0M | $78.0M |
| Q4 25 | 7.6% | 18.5% | ||
| Q3 25 | 15.8% | 8.9% | ||
| Q2 25 | 12.5% | 7.0% | ||
| Q1 25 | -2.7% | -0.9% | ||
| Q4 24 | 16.4% | 13.6% | ||
| Q3 24 | -0.3% | 8.6% | ||
| Q2 24 | 7.1% | 9.7% | ||
| Q1 24 | -1.4% | 5.9% |
| Q4 25 | 3.8% | 2.6% | ||
| Q3 25 | 2.6% | 3.4% | ||
| Q2 25 | 3.7% | 3.3% | ||
| Q1 25 | 4.3% | 3.5% | ||
| Q4 24 | 4.4% | 4.4% | ||
| Q3 24 | 3.3% | 4.1% | ||
| Q2 24 | 4.0% | 4.4% | ||
| Q1 24 | 5.2% | 3.6% |
| Q4 25 | 18.00× | 6.70× | ||
| Q3 25 | — | 0.65× | ||
| Q2 25 | 2.06× | 1.47× | ||
| Q1 25 | — | 0.28× | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.68× | 1.86× | ||
| Q2 24 | 1.88× | 1.91× | ||
| Q1 24 | 0.83× | 1.53× |
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% |
SEE
| Protective Segment | $1.1B | 78% |
| Other | $292.0M | 21% |
| Pension Plans Defined Benefit | $7.9M | 1% |
