vs

Side-by-side financial comparison of Celanese Corp (CE) and Simon Property Group (SPG). Click either name above to swap in a different company.

Celanese Corp is the larger business by last-quarter revenue ($2.2B vs $1.8B, roughly 1.2× Simon Property Group). Simon Property Group runs the higher net margin — 197.6% vs 0.6%, a 197.0% gap on every dollar of revenue. On growth, Simon Property Group posted the faster year-over-year revenue change (13.2% vs -7.0%). Simon Property Group produced more free cash flow last quarter ($948.8M vs $168.0M). Over the past eight quarters, Simon Property Group'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).

Simon Media Properties, LLC, doing business as Simon Property Group, Inc., is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana. As of December 31, 2024, it owned interests in 232 properties.

CE vs SPG — Head-to-Head

Bigger by revenue
CE
CE
1.2× larger
CE
$2.2B
$1.8B
SPG
Growing faster (revenue YoY)
SPG
SPG
+20.2% gap
SPG
13.2%
-7.0%
CE
Higher net margin
SPG
SPG
197.0% more per $
SPG
197.6%
0.6%
CE
More free cash flow
SPG
SPG
$780.8M more FCF
SPG
$948.8M
$168.0M
CE
Faster 2-yr revenue CAGR
SPG
SPG
Annualised
SPG
11.4%
-8.1%
CE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CE
CE
SPG
SPG
Revenue
$2.2B
$1.8B
Net Profit
$14.0M
$3.5B
Gross Margin
19.1%
Operating Margin
4.0%
49.7%
Net Margin
0.6%
197.6%
Revenue YoY
-7.0%
13.2%
Net Profit YoY
100.7%
358.7%
EPS (diluted)
$0.13
$9.34

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
SPG
SPG
Q4 25
$2.2B
$1.8B
Q3 25
$2.4B
$1.6B
Q2 25
$2.5B
$1.5B
Q1 25
$2.4B
$1.5B
Q4 24
$2.4B
$1.6B
Q3 24
$2.6B
$1.5B
Q2 24
$2.7B
$1.5B
Q1 24
$2.6B
$1.4B
Net Profit
CE
CE
SPG
SPG
Q4 25
$14.0M
$3.5B
Q3 25
$-1.4B
$702.7M
Q2 25
$199.0M
$643.7M
Q1 25
$-21.0M
$477.9M
Q4 24
$-1.9B
$771.8M
Q3 24
$116.0M
$546.7M
Q2 24
$155.0M
$569.4M
Q1 24
$121.0M
$841.2M
Gross Margin
CE
CE
SPG
SPG
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
SPG
SPG
Q4 25
4.0%
49.7%
Q3 25
-52.7%
50.8%
Q2 25
9.2%
49.7%
Q1 25
7.0%
49.4%
Q4 24
-59.3%
52.8%
Q3 24
9.4%
51.9%
Q2 24
9.4%
51.7%
Q1 24
8.0%
51.0%
Net Margin
CE
CE
SPG
SPG
Q4 25
0.6%
197.6%
Q3 25
-56.1%
43.9%
Q2 25
7.9%
43.0%
Q1 25
-0.9%
32.4%
Q4 24
-80.8%
48.8%
Q3 24
4.4%
36.9%
Q2 24
5.8%
39.0%
Q1 24
4.6%
58.3%
EPS (diluted)
CE
CE
SPG
SPG
Q4 25
$0.13
$9.34
Q3 25
$-12.39
$1.86
Q2 25
$1.81
$1.70
Q1 25
$-0.19
$1.27
Q4 24
$-17.50
$2.04
Q3 24
$1.06
$1.46
Q2 24
$1.41
$1.51
Q1 24
$1.10
$2.25

Balance Sheet & Financial Strength

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

Metric
CE
CE
SPG
SPG
Cash + ST InvestmentsLiquidity on hand
$823.1M
Total DebtLower is stronger
$11.4B
$28.4B
Stockholders' EquityBook value
$4.0B
$5.2B
Total Assets
$21.7B
$40.6B
Debt / EquityLower = less leverage
2.81×
5.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CE
CE
SPG
SPG
Q4 25
$823.1M
Q3 25
$1.6B
Q2 25
$1.2B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$2.5B
Q2 24
$2.5B
Q1 24
$2.6B
Total Debt
CE
CE
SPG
SPG
Q4 25
$11.4B
$28.4B
Q3 25
$11.7B
$25.8B
Q2 25
$12.7B
$25.4B
Q1 25
$12.4B
$24.8B
Q4 24
$11.1B
$24.3B
Q3 24
$11.3B
$25.4B
Q2 24
$11.1B
$25.3B
Q1 24
$11.0B
$25.5B
Stockholders' Equity
CE
CE
SPG
SPG
Q4 25
$4.0B
$5.2B
Q3 25
$4.0B
$2.3B
Q2 25
$5.3B
$2.5B
Q1 25
$5.2B
$2.6B
Q4 24
$5.2B
$2.9B
Q3 24
$7.3B
$2.7B
Q2 24
$7.2B
$2.9B
Q1 24
$7.1B
$3.1B
Total Assets
CE
CE
SPG
SPG
Q4 25
$21.7B
$40.6B
Q3 25
$22.2B
$33.6B
Q2 25
$23.7B
$33.3B
Q1 25
$23.2B
$32.5B
Q4 24
$22.9B
$32.4B
Q3 24
$25.9B
$33.3B
Q2 24
$25.8B
$33.4B
Q1 24
$26.0B
$33.7B
Debt / Equity
CE
CE
SPG
SPG
Q4 25
2.81×
5.46×
Q3 25
2.95×
10.98×
Q2 25
2.41×
10.36×
Q1 25
2.39×
9.50×
Q4 24
2.14×
8.25×
Q3 24
1.56×
9.37×
Q2 24
1.54×
8.59×
Q1 24
1.56×
8.22×

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
SPG
SPG
Operating Cash FlowLast quarter
$252.0M
$1.2B
Free Cash FlowOCF − Capex
$168.0M
$948.8M
FCF MarginFCF / Revenue
7.6%
53.0%
Capex IntensityCapex / Revenue
3.8%
14.2%
Cash ConversionOCF / Net Profit
18.00×
0.34×
TTM Free Cash FlowTrailing 4 quarters
$803.0M
$3.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CE
CE
SPG
SPG
Q4 25
$252.0M
$1.2B
Q3 25
$447.0M
$890.3M
Q2 25
$410.0M
$1.2B
Q1 25
$37.0M
$827.2M
Q4 24
$494.0M
$1.1B
Q3 24
$79.0M
$892.9M
Q2 24
$292.0M
$1.1B
Q1 24
$101.0M
$773.1M
Free Cash Flow
CE
CE
SPG
SPG
Q4 25
$168.0M
$948.8M
Q3 25
$383.0M
$685.0M
Q2 25
$317.0M
$971.3M
Q1 25
$-65.0M
$597.0M
Q4 24
$389.0M
$867.7M
Q3 24
$-9.0M
$706.5M
Q2 24
$187.0M
$874.8M
Q1 24
$-36.0M
$610.1M
FCF Margin
CE
CE
SPG
SPG
Q4 25
7.6%
53.0%
Q3 25
15.8%
42.8%
Q2 25
12.5%
64.8%
Q1 25
-2.7%
40.5%
Q4 24
16.4%
54.8%
Q3 24
-0.3%
47.7%
Q2 24
7.1%
60.0%
Q1 24
-1.4%
42.3%
Capex Intensity
CE
CE
SPG
SPG
Q4 25
3.8%
14.2%
Q3 25
2.6%
12.8%
Q2 25
3.7%
16.3%
Q1 25
4.3%
15.6%
Q4 24
4.4%
13.8%
Q3 24
3.3%
12.6%
Q2 24
4.0%
12.9%
Q1 24
5.2%
11.3%
Cash Conversion
CE
CE
SPG
SPG
Q4 25
18.00×
0.34×
Q3 25
1.27×
Q2 25
2.06×
1.89×
Q1 25
1.73×
Q4 24
1.41×
Q3 24
0.68×
1.63×
Q2 24
1.88×
1.87×
Q1 24
0.83×
0.92×

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%

SPG
SPG

Real Estate Segment$1.7B95%
Other$86.3M5%

Related Comparisons