How do Celanese Corp and WESTLAKE CORP compare by revenue?

Celanese Corp reported revenue of $2.2B in Q4 FY2025, while WESTLAKE CORP reported $2.5B in Q4 FY2025. WESTLAKE CORP is 1.1× larger by last-quarter revenue.

Which is growing revenue faster, Celanese Corp or WESTLAKE CORP?

Celanese Corp's latest revenue grew -7.0% year-over-year, versus -10.9% for WESTLAKE CORP. Celanese Corp is growing faster on a YoY basis.

Which has a higher gross margin, Celanese Corp or WESTLAKE CORP?

Celanese Corp's gross margin is 19.1% vs WESTLAKE CORP's 3.4%. Celanese Corp converts more of each revenue dollar into gross profit.

Which has a higher net margin, Celanese Corp or WESTLAKE CORP?

Celanese Corp's net margin is 0.6% vs WESTLAKE CORP's -21.5%. Celanese Corp has the higher bottom-line margin.

Which generates more free cash flow, Celanese Corp or WESTLAKE CORP?

Celanese Corp generated $168.0M of free cash flow last quarter, versus $-16.0M for WESTLAKE CORP. Free cash flow is operating cash flow minus capital expenditure — what's actually left for dividends, buybacks and debt repayment.

What is the 2-year revenue CAGR for Celanese Corp vs WESTLAKE CORP?

Over the trailing 8 quarters, Celanese Corp compounded revenue at roughly -8.1% per year, versus -7.7% for WESTLAKE CORP. WESTLAKE CORP has the faster medium-term growth trajectory.

Where does this CE vs WLK data come from?

All figures are parsed directly from SEC EDGAR 10-Q / 10-K / 20-F / 6-K filings (for US-listed issuers) or EDINET filings (for Japanese issuers), then normalised into a common schema. Numbers update automatically as new filings are released.

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

WESTLAKE CORP is the larger business by last-quarter revenue ($2.5B vs $2.2B, roughly 1.1× Celanese Corp). Celanese Corp runs the higher net margin — 0.6% vs -21.5%, a 22.1% gap on every dollar of revenue. On growth, Celanese Corp posted the faster year-over-year revenue change (-7.0% vs -10.9%). Celanese Corp produced more free cash flow last quarter ($168.0M vs $-16.0M). Over the past eight quarters, WESTLAKE CORP's revenue compounded faster (-7.7% CAGR vs -8.1%).

Celanese CorpCEEarnings & Financial Report

NYSE · Materials · Plastic Material, Synth Resin/Rubber, Cellulos (No Glass)

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).

WESTLAKE CORPWLKEarnings & Financial Report

NYSE · Health Care · Industrial Organic Chemicals

Westlake Corporation is an international manufacturer and supplier of petrochemicals, polymers and fabricated building products, which are fundamental to various consumer and industrial markets. The company was founded by Ting Tsung Chao in 1986. it is the largest producer of low-density polyethylene (LDPE) in the US and ranks among the Forbes Global 2000. Westlake Chemical operates in two segments: Olefins and Vinyls, and is also an integrated producer of vinyls, with substantial downstream ...

CE vs WLK — Head-to-Head

Bigger by revenue

WLK

1.1× larger

$2.5B

$2.2B

Growing faster (revenue YoY)

+3.9% gap

-7.0%

-10.9%

Higher net margin

22.1% more per $

0.6%

-21.5%

More free cash flow

$184.0M more FCF

$168.0M

$-16.0M

Faster 2-yr revenue CAGR

WLK

Annualised

-7.7%

-8.1%

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric	CE	WLK
Revenue	$2.2B	$2.5B
Net Profit	$14.0M	$-544.0M
Gross Margin	19.1%	3.4%
Operating Margin	4.0%	-26.5%
Net Margin	0.6%	-21.5%
Revenue YoY	-7.0%	-10.9%
Net Profit YoY	100.7%	-7871.4%
EPS (diluted)	$0.13	$-4.22

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

WLK

Q4 25	$2.2B	$2.5B
Q3 25	$2.4B	$2.8B
Q2 25	$2.5B	$3.0B
Q1 25	$2.4B	$2.8B
Q4 24	$2.4B	$2.8B
Q3 24	$2.6B	$3.1B
Q2 24	$2.7B	$3.2B
Q1 24	$2.6B	$3.0B

Net Profit

WLK

Q4 25	$14.0M	$-544.0M
Q3 25	$-1.4B	$-782.0M
Q2 25	$199.0M	$-142.0M
Q1 25	$-21.0M	$-40.0M
Q4 24	$-1.9B	$7.0M
Q3 24	$116.0M	$108.0M
Q2 24	$155.0M	$313.0M
Q1 24	$121.0M	$174.0M

Gross Margin

WLK

Q4 25	19.1%	3.4%
Q3 25	21.5%	8.3%
Q2 25	21.1%	8.7%
Q1 25	19.9%	8.2%
Q4 24	22.7%	11.5%
Q3 24	23.5%	16.0%
Q2 24	24.2%	20.7%
Q1 24	21.2%	15.7%

Operating Margin

WLK

Q4 25	4.0%	-26.5%
Q3 25	-52.7%	-27.0%
Q2 25	9.2%	-3.7%
Q1 25	7.0%	-1.1%
Q4 24	-59.3%	2.3%
Q3 24	9.4%	5.8%
Q2 24	9.4%	12.7%
Q1 24	8.0%	7.5%

Net Margin

WLK

Q4 25	0.6%	-21.5%
Q3 25	-56.1%	-27.6%
Q2 25	7.9%	-4.8%
Q1 25	-0.9%	-1.4%
Q4 24	-80.8%	0.2%
Q3 24	4.4%	3.5%
Q2 24	5.8%	9.8%
Q1 24	4.6%	5.8%

EPS (diluted)

WLK

Q4 25	$0.13	$-4.22
Q3 25	$-12.39	$-6.06
Q2 25	$1.81	$-1.11
Q1 25	$-0.19	$-0.31
Q4 24	$-17.50	$0.07
Q3 24	$1.06	$0.83
Q2 24	$1.41	$2.40
Q1 24	$1.10	$1.34

Balance Sheet & Financial Strength

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

Metric	CE	WLK
Cash + ST InvestmentsLiquidity on hand	—	$2.7B
Total DebtLower is stronger	$11.4B	$5.6B
Stockholders' EquityBook value	$4.0B	$8.8B
Total Assets	$21.7B	$20.0B
Debt / EquityLower = less leverage	2.81×	0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments

WLK

Q4 25	—	$2.7B
Q3 25	—	$1.9B
Q2 25	—	$2.1B
Q1 25	—	$2.3B
Q4 24	—	$2.9B
Q3 24	—	$2.9B
Q2 24	—	$3.0B
Q1 24	—	$3.1B

Total Debt

WLK

Q4 25	$11.4B	$5.6B
Q3 25	$11.7B	$4.7B
Q2 25	$12.7B	$4.7B
Q1 25	$12.4B	$4.6B
Q4 24	$11.1B	$4.6B
Q3 24	$11.3B	$4.6B
Q2 24	$11.1B	$4.9B
Q1 24	$11.0B	$4.9B

Stockholders' Equity

WLK

Q4 25	$4.0B	$8.8B
Q3 25	$4.0B	$9.4B
Q2 25	$5.3B	$10.3B
Q1 25	$5.2B	$10.4B
Q4 24	$5.2B	$10.5B
Q3 24	$7.3B	$10.7B
Q2 24	$7.2B	$10.6B
Q1 24	$7.1B	$10.3B

Total Assets

WLK

Q4 25	$21.7B	$20.0B
Q3 25	$22.2B	$19.8B
Q2 25	$23.7B	$20.8B
Q1 25	$23.2B	$20.7B
Q4 24	$22.9B	$20.8B
Q3 24	$25.9B	$21.1B
Q2 24	$25.8B	$21.1B
Q1 24	$26.0B	$21.0B

Debt / Equity

WLK

Q4 25	2.81×	0.64×
Q3 25	2.95×	0.49×
Q2 25	2.41×	0.45×
Q1 25	2.39×	0.44×
Q4 24	2.14×	0.43×
Q3 24	1.56×	0.43×
Q2 24	1.54×	0.46×
Q1 24	1.56×	0.47×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric	CE	WLK
Operating Cash FlowLast quarter	$252.0M	$225.0M
Free Cash FlowOCF − Capex	$168.0M	$-16.0M
FCF MarginFCF / Revenue	7.6%	-0.6%
Capex IntensityCapex / Revenue	3.8%	9.5%
Cash ConversionOCF / Net Profit	18.00×	—
TTM Free Cash FlowTrailing 4 quarters	$803.0M	$-530.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow

WLK

Q4 25	$252.0M	$225.0M
Q3 25	$447.0M	$182.0M
Q2 25	$410.0M	$135.0M
Q1 25	$37.0M	$-77.0M
Q4 24	$494.0M	$434.0M
Q3 24	$79.0M	$474.0M
Q2 24	$292.0M	$237.0M
Q1 24	$101.0M	$169.0M

Free Cash Flow

WLK

Q4 25	$168.0M	$-16.0M
Q3 25	$383.0M	$-57.0M
Q2 25	$317.0M	$-132.0M
Q1 25	$-65.0M	$-325.0M
Q4 24	$389.0M	$149.0M
Q3 24	$-9.0M	$254.0M
Q2 24	$187.0M	$6.0M
Q1 24	$-36.0M	$-103.0M