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Side-by-side financial comparison of Celanese Corp (CE) and SHOPIFY INC. (SHOP). Click either name above to swap in a different company.
SHOPIFY INC. is the larger business by last-quarter revenue ($3.7B vs $2.2B, roughly 1.7× Celanese Corp). SHOPIFY INC. runs the higher net margin — 20.2% vs 0.6%, a 19.6% gap on every dollar of revenue. On growth, SHOPIFY INC. posted the faster year-over-year revenue change (30.6% vs -7.0%). SHOPIFY INC. produced more free cash flow last quarter ($715.0M vs $168.0M). Over the past eight quarters, SHOPIFY INC.'s revenue compounded faster (40.5% 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).
Shopify Inc., stylized as shopify, is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario that operates a platform for retail point-of-sale systems. The company has over 5 million customers and processed US$292.3 billion in transactions in 2024, of which 57% was in the United States. Major customers include Tesla, LVMH, Nestlé, PepsiCo, AB InBev, Kraft Heinz, Lindt, Whole Foods Market, Red Bull, and Hyatt.
CE vs SHOP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.2B | $3.7B |
| Net Profit | $14.0M | $743.0M |
| Gross Margin | 19.1% | 46.1% |
| Operating Margin | 4.0% | 17.2% |
| Net Margin | 0.6% | 20.2% |
| Revenue YoY | -7.0% | 30.6% |
| Net Profit YoY | 100.7% | -42.5% |
| EPS (diluted) | $0.13 | $0.58 |
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 | $3.7B | ||
| Q3 25 | $2.4B | $2.8B | ||
| Q2 25 | $2.5B | $2.7B | ||
| Q1 25 | $2.4B | $2.4B | ||
| Q4 24 | $2.4B | $2.8B | ||
| Q3 24 | $2.6B | $2.2B | ||
| Q2 24 | $2.7B | $2.0B | ||
| Q1 24 | $2.6B | $1.9B |
| Q4 25 | $14.0M | $743.0M | ||
| Q3 25 | $-1.4B | $264.0M | ||
| Q2 25 | $199.0M | $906.0M | ||
| Q1 25 | $-21.0M | $-682.0M | ||
| Q4 24 | $-1.9B | $1.3B | ||
| Q3 24 | $116.0M | $828.0M | ||
| Q2 24 | $155.0M | $171.0M | ||
| Q1 24 | $121.0M | $-273.0M |
| Q4 25 | 19.1% | 46.1% | ||
| Q3 25 | 21.5% | 48.9% | ||
| Q2 25 | 21.1% | 48.6% | ||
| Q1 25 | 19.9% | 49.5% | ||
| Q4 24 | 22.7% | 48.1% | ||
| Q3 24 | 23.5% | 51.7% | ||
| Q2 24 | 24.2% | 51.1% | ||
| Q1 24 | 21.2% | 51.4% |
| Q4 25 | 4.0% | 17.2% | ||
| Q3 25 | -52.7% | 12.1% | ||
| Q2 25 | 9.2% | 10.9% | ||
| Q1 25 | 7.0% | 8.6% | ||
| Q4 24 | -59.3% | 16.5% | ||
| Q3 24 | 9.4% | 13.1% | ||
| Q2 24 | 9.4% | 11.8% | ||
| Q1 24 | 8.0% | 4.6% |
| Q4 25 | 0.6% | 20.2% | ||
| Q3 25 | -56.1% | 9.3% | ||
| Q2 25 | 7.9% | 33.8% | ||
| Q1 25 | -0.9% | -28.9% | ||
| Q4 24 | -80.8% | 46.0% | ||
| Q3 24 | 4.4% | 38.3% | ||
| Q2 24 | 5.8% | 8.4% | ||
| Q1 24 | 4.6% | -14.7% |
| Q4 25 | $0.13 | $0.58 | ||
| Q3 25 | $-12.39 | $0.20 | ||
| Q2 25 | $1.81 | $0.69 | ||
| Q1 25 | $-0.19 | $-0.53 | ||
| Q4 24 | $-17.50 | $0.99 | ||
| Q3 24 | $1.06 | $0.64 | ||
| Q2 24 | $1.41 | $0.13 | ||
| Q1 24 | $1.10 | $-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 | — | $5.8B |
| Total DebtLower is stronger | $11.4B | — |
| Stockholders' EquityBook value | $4.0B | $13.5B |
| Total Assets | $21.7B | $15.2B |
| Debt / EquityLower = less leverage | 2.81× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $5.8B | ||
| Q3 25 | — | $6.3B | ||
| Q2 25 | — | $5.8B | ||
| Q1 25 | — | $5.5B | ||
| Q4 24 | — | $5.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $11.4B | — | ||
| Q3 25 | $11.7B | — | ||
| Q2 25 | $12.7B | — | ||
| Q1 25 | $12.4B | — | ||
| Q4 24 | $11.1B | — | ||
| Q3 24 | $11.3B | — | ||
| Q2 24 | $11.1B | — | ||
| Q1 24 | $11.0B | — |
| Q4 25 | $4.0B | $13.5B | ||
| Q3 25 | $4.0B | $12.5B | ||
| Q2 25 | $5.3B | $12.1B | ||
| Q1 25 | $5.2B | $11.1B | ||
| Q4 24 | $5.2B | $11.6B | ||
| Q3 24 | $7.3B | $10.1B | ||
| Q2 24 | $7.2B | $9.2B | ||
| Q1 24 | $7.1B | $8.9B |
| Q4 25 | $21.7B | $15.2B | ||
| Q3 25 | $22.2B | $15.0B | ||
| Q2 25 | $23.7B | $14.6B | ||
| Q1 25 | $23.2B | $13.4B | ||
| Q4 24 | $22.9B | $13.9B | ||
| Q3 24 | $25.9B | — | ||
| Q2 24 | $25.8B | — | ||
| Q1 24 | $26.0B | — |
| Q4 25 | 2.81× | — | ||
| Q3 25 | 2.95× | — | ||
| Q2 25 | 2.41× | — | ||
| Q1 25 | 2.39× | — | ||
| Q4 24 | 2.14× | — | ||
| Q3 24 | 1.56× | — | ||
| Q2 24 | 1.54× | — | ||
| Q1 24 | 1.56× | — |
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 | $725.0M |
| Free Cash FlowOCF − Capex | $168.0M | $715.0M |
| FCF MarginFCF / Revenue | 7.6% | 19.5% |
| Capex IntensityCapex / Revenue | 3.8% | 0.3% |
| Cash ConversionOCF / Net Profit | 18.00× | 0.98× |
| TTM Free Cash FlowTrailing 4 quarters | $803.0M | $2.0B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $252.0M | $725.0M | ||
| Q3 25 | $447.0M | $513.0M | ||
| Q2 25 | $410.0M | $428.0M | ||
| Q1 25 | $37.0M | $367.0M | ||
| Q4 24 | $494.0M | $615.0M | ||
| Q3 24 | $79.0M | $423.0M | ||
| Q2 24 | $292.0M | $340.0M | ||
| Q1 24 | $101.0M | $238.0M |
| Q4 25 | $168.0M | $715.0M | ||
| Q3 25 | $383.0M | $507.0M | ||
| Q2 25 | $317.0M | $422.0M | ||
| Q1 25 | $-65.0M | $363.0M | ||
| Q4 24 | $389.0M | $611.0M | ||
| Q3 24 | $-9.0M | $421.0M | ||
| Q2 24 | $187.0M | $333.0M | ||
| Q1 24 | $-36.0M | $232.0M |
| Q4 25 | 7.6% | 19.5% | ||
| Q3 25 | 15.8% | 17.8% | ||
| Q2 25 | 12.5% | 15.7% | ||
| Q1 25 | -2.7% | 15.4% | ||
| Q4 24 | 16.4% | 21.7% | ||
| Q3 24 | -0.3% | 19.5% | ||
| Q2 24 | 7.1% | 16.3% | ||
| Q1 24 | -1.4% | 12.5% |
| Q4 25 | 3.8% | 0.3% | ||
| Q3 25 | 2.6% | 0.2% | ||
| Q2 25 | 3.7% | 0.2% | ||
| Q1 25 | 4.3% | 0.2% | ||
| Q4 24 | 4.4% | 0.1% | ||
| Q3 24 | 3.3% | 0.1% | ||
| Q2 24 | 4.0% | 0.3% | ||
| Q1 24 | 5.2% | 0.3% |
| Q4 25 | 18.00× | 0.98× | ||
| Q3 25 | — | 1.94× | ||
| Q2 25 | 2.06× | 0.47× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.48× | ||
| Q3 24 | 0.68× | 0.51× | ||
| Q2 24 | 1.88× | 1.99× | ||
| Q1 24 | 0.83× | — |
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% |
SHOP
| Services | $2.9B | 79% |
| Subscription And Circulation | $777.0M | 21% |
