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Side-by-side financial comparison of Celanese Corp (CE) and WHITE MOUNTAINS INSURANCE GROUP LTD (WTM). 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× WHITE MOUNTAINS INSURANCE GROUP LTD). WHITE MOUNTAINS INSURANCE GROUP LTD runs the higher net margin — 52.1% vs 0.6%, a 51.5% gap on every dollar of revenue. On growth, WHITE MOUNTAINS INSURANCE GROUP LTD posted the faster year-over-year revenue change (348.0% vs -7.0%). Over the past eight quarters, WHITE MOUNTAINS INSURANCE GROUP LTD's revenue compounded faster (57.4% 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).

White Mountains Insurance Group is a diversified insurance and related financial services holding company based in Hamilton, Bermuda. Redomiciled from Delaware, United States, on October 25, 1999, the company conducts most of its business through its insurance subsidiaries and other affiliates.

CE vs WTM — Head-to-Head

Bigger by revenue
CE
CE
1.4× larger
CE
$2.2B
$1.6B
WTM
Growing faster (revenue YoY)
WTM
WTM
+355.0% gap
WTM
348.0%
-7.0%
CE
Higher net margin
WTM
WTM
51.5% more per $
WTM
52.1%
0.6%
CE
Faster 2-yr revenue CAGR
WTM
WTM
Annualised
WTM
57.4%
-8.1%
CE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CE
CE
WTM
WTM
Revenue
$2.2B
$1.6B
Net Profit
$14.0M
$835.8M
Gross Margin
19.1%
97.1%
Operating Margin
4.0%
56.2%
Net Margin
0.6%
52.1%
Revenue YoY
-7.0%
348.0%
Net Profit YoY
100.7%
741.0%
EPS (diluted)
$0.13
$325.02

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
WTM
WTM
Q4 25
$2.2B
$1.6B
Q3 25
$2.4B
$864.2M
Q2 25
$2.5B
$689.2M
Q1 25
$2.4B
$577.8M
Q4 24
$2.4B
$358.0M
Q3 24
$2.6B
$839.1M
Q2 24
$2.7B
$395.4M
Q1 24
$2.6B
$647.3M
Net Profit
CE
CE
WTM
WTM
Q4 25
$14.0M
$835.8M
Q3 25
$-1.4B
$113.8M
Q2 25
$199.0M
$122.9M
Q1 25
$-21.0M
$33.9M
Q4 24
$-1.9B
$-130.4M
Q3 24
$116.0M
$179.0M
Q2 24
$155.0M
$-54.6M
Q1 24
$121.0M
$236.4M
Gross Margin
CE
CE
WTM
WTM
Q4 25
19.1%
97.1%
Q3 25
21.5%
93.6%
Q2 25
21.1%
93.8%
Q1 25
19.9%
98.7%
Q4 24
22.7%
97.9%
Q3 24
23.5%
99.1%
Q2 24
24.2%
98.2%
Q1 24
21.2%
98.8%
Operating Margin
CE
CE
WTM
WTM
Q4 25
4.0%
56.2%
Q3 25
-52.7%
20.7%
Q2 25
9.2%
25.6%
Q1 25
7.0%
12.5%
Q4 24
-59.3%
-33.7%
Q3 24
9.4%
28.5%
Q2 24
9.4%
-8.8%
Q1 24
8.0%
35.9%
Net Margin
CE
CE
WTM
WTM
Q4 25
0.6%
52.1%
Q3 25
-56.1%
13.2%
Q2 25
7.9%
17.8%
Q1 25
-0.9%
5.9%
Q4 24
-80.8%
-36.4%
Q3 24
4.4%
21.3%
Q2 24
5.8%
-13.8%
Q1 24
4.6%
36.5%
EPS (diluted)
CE
CE
WTM
WTM
Q4 25
$0.13
$325.02
Q3 25
$-12.39
$44.18
Q2 25
$1.81
$47.75
Q1 25
$-0.19
$13.19
Q4 24
$-17.50
$-50.98
Q3 24
$1.06
$69.68
Q2 24
$1.41
$-21.24
Q1 24
$1.10
$92.33

Balance Sheet & Financial Strength

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

Metric
CE
CE
WTM
WTM
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$11.4B
$837.0M
Stockholders' EquityBook value
$4.0B
$5.4B
Total Assets
$21.7B
$12.3B
Debt / EquityLower = less leverage
2.81×
0.15×

8-quarter trend — quarters aligned by calendar period.

Total Debt
CE
CE
WTM
WTM
Q4 25
$11.4B
$837.0M
Q3 25
$11.7B
$870.4M
Q2 25
$12.7B
$694.6M
Q1 25
$12.4B
$676.1M
Q4 24
$11.1B
$562.5M
Q3 24
$11.3B
$544.9M
Q2 24
$11.1B
$530.2M
Q1 24
$11.0B
$532.1M
Stockholders' Equity
CE
CE
WTM
WTM
Q4 25
$4.0B
$5.4B
Q3 25
$4.0B
$4.8B
Q2 25
$5.3B
$4.6B
Q1 25
$5.2B
$4.5B
Q4 24
$5.2B
$4.5B
Q3 24
$7.3B
$4.6B
Q2 24
$7.2B
$4.4B
Q1 24
$7.1B
$4.5B
Total Assets
CE
CE
WTM
WTM
Q4 25
$21.7B
$12.3B
Q3 25
$22.2B
$12.3B
Q2 25
$23.7B
$11.8B
Q1 25
$23.2B
$11.0B
Q4 24
$22.9B
$9.9B
Q3 24
$25.9B
$10.3B
Q2 24
$25.8B
$10.2B
Q1 24
$26.0B
$9.6B
Debt / Equity
CE
CE
WTM
WTM
Q4 25
2.81×
0.15×
Q3 25
2.95×
0.18×
Q2 25
2.41×
0.15×
Q1 25
2.39×
0.15×
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
CE
CE
WTM
WTM
Operating Cash FlowLast quarter
$252.0M
$53.9M
Free Cash FlowOCF − Capex
$168.0M
FCF MarginFCF / Revenue
7.6%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
18.00×
0.06×
TTM Free Cash FlowTrailing 4 quarters
$803.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CE
CE
WTM
WTM
Q4 25
$252.0M
$53.9M
Q3 25
$447.0M
$359.3M
Q2 25
$410.0M
$177.5M
Q1 25
$37.0M
$-40.2M
Q4 24
$494.0M
$64.1M
Q3 24
$79.0M
$269.4M
Q2 24
$292.0M
$216.8M
Q1 24
$101.0M
$36.5M
Free Cash Flow
CE
CE
WTM
WTM
Q4 25
$168.0M
Q3 25
$383.0M
Q2 25
$317.0M
Q1 25
$-65.0M
Q4 24
$389.0M
Q3 24
$-9.0M
Q2 24
$187.0M
Q1 24
$-36.0M
FCF Margin
CE
CE
WTM
WTM
Q4 25
7.6%
Q3 25
15.8%
Q2 25
12.5%
Q1 25
-2.7%
Q4 24
16.4%
Q3 24
-0.3%
Q2 24
7.1%
Q1 24
-1.4%
Capex Intensity
CE
CE
WTM
WTM
Q4 25
3.8%
Q3 25
2.6%
Q2 25
3.7%
Q1 25
4.3%
Q4 24
4.4%
Q3 24
3.3%
Q2 24
4.0%
Q1 24
5.2%
Cash Conversion
CE
CE
WTM
WTM
Q4 25
18.00×
0.06×
Q3 25
3.16×
Q2 25
2.06×
1.44×
Q1 25
-1.19×
Q4 24
Q3 24
0.68×
1.51×
Q2 24
1.88×
Q1 24
0.83×
0.15×

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%

WTM
WTM

Segment breakdown not available.

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