vs
Side-by-side financial comparison of Celanese Corp (CE) and WATSCO INC (WSO). Click either name above to swap in a different company.
Celanese Corp is the larger business by last-quarter revenue ($2.2B vs $1.6B, roughly 1.4× WATSCO INC). WATSCO INC runs the higher net margin — 4.5% vs 0.6%, a 3.9% gap on every dollar of revenue. On growth, Celanese Corp posted the faster year-over-year revenue change (-7.0% vs -10.0%). WATSCO INC produced more free cash flow last quarter ($388.5M vs $168.0M). Over the past eight quarters, WATSCO INC's revenue compounded faster (0.4% 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).
Watsco, Inc. is a distributor of air conditioning, heating and refrigeration equipment, and related parts and supplies (HVAC/R) in the United States. Watsco was founded more than 60 years ago as a manufacturer of parts, components, and tools used in the HVAC/R industry. In 1989, the company shifted from manufacturing to distribution, by acquiring Gemaire Distributors Inc., a South Florida-based Rheem distributor.
CE vs WSO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.2B | $1.6B |
| Net Profit | $14.0M | $71.7M |
| Gross Margin | 19.1% | 27.1% |
| Operating Margin | 4.0% | 6.4% |
| Net Margin | 0.6% | 4.5% |
| Revenue YoY | -7.0% | -10.0% |
| Net Profit YoY | 100.7% | -25.9% |
| EPS (diluted) | $0.13 | $1.82 |
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 | $1.6B | ||
| Q3 25 | $2.4B | $2.1B | ||
| Q2 25 | $2.5B | $2.1B | ||
| Q1 25 | $2.4B | $1.5B | ||
| Q4 24 | $2.4B | $1.8B | ||
| Q3 24 | $2.6B | $2.2B | ||
| Q2 24 | $2.7B | $2.1B | ||
| Q1 24 | $2.6B | $1.6B |
| Q4 25 | $14.0M | $71.7M | ||
| Q3 25 | $-1.4B | $161.6M | ||
| Q2 25 | $199.0M | $183.6M | ||
| Q1 25 | $-21.0M | $80.1M | ||
| Q4 24 | $-1.9B | $96.8M | ||
| Q3 24 | $116.0M | $171.0M | ||
| Q2 24 | $155.0M | $181.4M | ||
| Q1 24 | $121.0M | $87.0M |
| Q4 25 | 19.1% | 27.1% | ||
| Q3 25 | 21.5% | 27.5% | ||
| Q2 25 | 21.1% | 29.3% | ||
| Q1 25 | 19.9% | 28.1% | ||
| Q4 24 | 22.7% | 26.7% | ||
| Q3 24 | 23.5% | 26.2% | ||
| Q2 24 | 24.2% | 27.1% | ||
| Q1 24 | 21.2% | 27.5% |
| Q4 25 | 4.0% | 6.4% | ||
| Q3 25 | -52.7% | 11.4% | ||
| Q2 25 | 9.2% | 13.2% | ||
| Q1 25 | 7.0% | 7.3% | ||
| Q4 24 | -59.3% | 7.8% | ||
| Q3 24 | 9.4% | 11.6% | ||
| Q2 24 | 9.4% | 12.6% | ||
| Q1 24 | 8.0% | 8.1% |
| Q4 25 | 0.6% | 4.5% | ||
| Q3 25 | -56.1% | 7.8% | ||
| Q2 25 | 7.9% | 8.9% | ||
| Q1 25 | -0.9% | 5.2% | ||
| Q4 24 | -80.8% | 5.5% | ||
| Q3 24 | 4.4% | 7.9% | ||
| Q2 24 | 5.8% | 8.5% | ||
| Q1 24 | 4.6% | 5.6% |
| Q4 25 | $0.13 | $1.82 | ||
| Q3 25 | $-12.39 | $3.98 | ||
| Q2 25 | $1.81 | $4.52 | ||
| Q1 25 | $-0.19 | $1.93 | ||
| Q4 24 | $-17.50 | $2.42 | ||
| Q3 24 | $1.06 | $4.22 | ||
| Q2 24 | $1.41 | $4.49 | ||
| Q1 24 | $1.10 | $2.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $733.3M |
| Total DebtLower is stronger | $11.4B | $361.6M |
| Stockholders' EquityBook value | $4.0B | $2.8B |
| Total Assets | $21.7B | $4.4B |
| Debt / EquityLower = less leverage | 2.81× | 0.13× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $733.3M | ||
| Q3 25 | — | $524.3M | ||
| Q2 25 | — | $293.0M | ||
| Q1 25 | — | $431.8M | ||
| Q4 24 | — | $781.9M | ||
| Q3 24 | — | $550.0M | ||
| Q2 24 | — | $424.9M | ||
| Q1 24 | — | $478.9M |
| Q4 25 | $11.4B | $361.6M | ||
| Q3 25 | $11.7B | $340.8M | ||
| Q2 25 | $12.7B | $338.7M | ||
| Q1 25 | $12.4B | $346.4M | ||
| Q4 24 | $11.1B | $337.2M | ||
| Q3 24 | $11.3B | $321.0M | ||
| Q2 24 | $11.1B | $307.1M | ||
| Q1 24 | $11.0B | $306.3M |
| Q4 25 | $4.0B | $2.8B | ||
| Q3 25 | $4.0B | $2.8B | ||
| Q2 25 | $5.3B | $2.8B | ||
| Q1 25 | $5.2B | $2.7B | ||
| Q4 24 | $5.2B | $2.7B | ||
| Q3 24 | $7.3B | $2.7B | ||
| Q2 24 | $7.2B | $2.6B | ||
| Q1 24 | $7.1B | $2.5B |
| Q4 25 | $21.7B | $4.4B | ||
| Q3 25 | $22.2B | $4.6B | ||
| Q2 25 | $23.7B | $4.7B | ||
| Q1 25 | $23.2B | $4.5B | ||
| Q4 24 | $22.9B | $4.5B | ||
| Q3 24 | $25.9B | $4.5B | ||
| Q2 24 | $25.8B | $4.4B | ||
| Q1 24 | $26.0B | $4.4B |
| Q4 25 | 2.81× | 0.13× | ||
| Q3 25 | 2.95× | 0.12× | ||
| Q2 25 | 2.41× | 0.12× | ||
| Q1 25 | 2.39× | 0.13× | ||
| Q4 24 | 2.14× | 0.13× | ||
| Q3 24 | 1.56× | 0.12× | ||
| Q2 24 | 1.54× | 0.12× | ||
| Q1 24 | 1.56× | 0.12× |
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 | $399.8M |
| Free Cash FlowOCF − Capex | $168.0M | $388.5M |
| FCF MarginFCF / Revenue | 7.6% | 24.6% |
| Capex IntensityCapex / Revenue | 3.8% | 0.7% |
| Cash ConversionOCF / Net Profit | 18.00× | 5.57× |
| TTM Free Cash FlowTrailing 4 quarters | $803.0M | $535.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $252.0M | $399.8M | ||
| Q3 25 | $447.0M | $354.9M | ||
| Q2 25 | $410.0M | $-7.4M | ||
| Q1 25 | $37.0M | $-177.6M | ||
| Q4 24 | $494.0M | $378.9M | ||
| Q3 24 | $79.0M | $232.8M | ||
| Q2 24 | $292.0M | $57.7M | ||
| Q1 24 | $101.0M | $103.7M |
| Q4 25 | $168.0M | $388.5M | ||
| Q3 25 | $383.0M | $346.1M | ||
| Q2 25 | $317.0M | $-14.3M | ||
| Q1 25 | $-65.0M | $-185.2M | ||
| Q4 24 | $389.0M | $370.9M | ||
| Q3 24 | $-9.0M | $223.0M | ||
| Q2 24 | $187.0M | $51.3M | ||
| Q1 24 | $-36.0M | $97.9M |
| Q4 25 | 7.6% | 24.6% | ||
| Q3 25 | 15.8% | 16.7% | ||
| Q2 25 | 12.5% | -0.7% | ||
| Q1 25 | -2.7% | -12.1% | ||
| Q4 24 | 16.4% | 21.1% | ||
| Q3 24 | -0.3% | 10.3% | ||
| Q2 24 | 7.1% | 2.4% | ||
| Q1 24 | -1.4% | 6.3% |
| Q4 25 | 3.8% | 0.7% | ||
| Q3 25 | 2.6% | 0.4% | ||
| Q2 25 | 3.7% | 0.3% | ||
| Q1 25 | 4.3% | 0.5% | ||
| Q4 24 | 4.4% | 0.5% | ||
| Q3 24 | 3.3% | 0.5% | ||
| Q2 24 | 4.0% | 0.3% | ||
| Q1 24 | 5.2% | 0.4% |
| Q4 25 | 18.00× | 5.57× | ||
| Q3 25 | — | 2.20× | ||
| Q2 25 | 2.06× | -0.04× | ||
| Q1 25 | — | -2.22× | ||
| Q4 24 | — | 3.91× | ||
| Q3 24 | 0.68× | 1.36× | ||
| Q2 24 | 1.88× | 0.32× | ||
| Q1 24 | 0.83× | 1.19× |
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% |
WSO
Segment breakdown not available.
