Covestro AG

Covestro AG

1COV · XETRA · Basic Materials / Specialty Chemicals

60.40EUR+0.30 (+0.50%)

Price History

Full chart

Market Stats

Previous Close60.10
Open60.40
Day Range60.40 – 60.40
52-Week Range57.70 – 61.40
Volume0
Market Cap11.34B
P/E (TTM)0.00
Forward P/E85.47
EPS-2.43
Dividend Yield0.00%
Beta0.92
50-Day Avg60.29
200-Day Avg60.29

About

Covestro AG operates as a supplier of polymer materials and application solutions. The company operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications. The Solutions & Specialties segment comprises a range of polymer products, including polycarbonates, precursors for coatings and adhesives, MDI specialties and polyols, thermoplastic polyurethanes, specialty films, and elastomers that are used in automotive and transportation, electrical, electronics and household appliances, construction, and healthcare industries, as well as composite resins for solar panel frames, precursors for coatings and adhesives, specialty films, laptop cases, floodlights, and electric vehicle batteries. It markets its products through trading houses and distributors. It operates in Europe, the Middle East, Africa, Latin America, the United States, Canada, and the People's Republic of China. The company was founded in 1863 and is headquartered in Leverkusen, Germany. As of December 10, 2025, Covestro AG operates as a subsidiary of XRG P.J.S.C.

Company Details

  • SectorBasic Materials
  • IndustrySpecialty Chemicals
  • CEODr. Markus Steilemann Ph.D.
  • Employees17.41K
  • HeadquartersKaiser-Wilhelm-Allee 60, Leverkusen, Germany, 51373, Germany
  • Websitehttps://www.covestro.com

Leadership

  • Dr. Markus Steilemann Ph.D.CEO & Chairman of Management Board · b. 1970
  • Dr. Thorsten DreierCTO, Labor Director & Member of Management Board
  • Ms. Monique BuchChief Commercial Officer & Member of Management Board · b. 1975
  • Mr. Klaus FrohlichCFO & Member of Management Board
  • Mr. Ronald KoehlerHead of Investor Relations & Corporate Controlling
  • Mr. Uwe ArndtHead of MDI Site
  • Mr. Nils JanusHead of Artificial Intelligence
  • Ms. Sophie von SaldernGlobal Head of Human Resources
  • Mr. Carsten IntveenInvestor Relations Director

Financials

Income Statement

Currency: EUR2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue11.61B11.36B11.76B12.08B11.90B14.14B14.62B12.41B10.71B15.90B17.97B14.38B14.18B12.94B
Growth (%)--2.18%+3.56%+2.73%-1.47%+18.77%+3.38%-15.08%-13.74%+48.54%+12.98%-19.99%-1.38%-8.72%
Cost of Revenue9.31B9.39B9.61B9.44B8.61B9.31B9.92B9.66B8.21B11.47B15.40B12.07B12.00B11.22B
Gross Profit2.30B1.97B2.17B2.84B3.29B4.83B4.70B2.75B2.50B4.43B2.56B2.31B2.18B1.72B
Gross Margin19.84%17.32%18.46%23.51%27.66%34.16%32.14%22.19%23.34%27.84%14.27%16.04%15.35%13.27%
Operating Expense1.76B1.63B1.65B1.81B2.03B2.11B2.17B2.02B1.77B2.17B2.29B2.23B2.15B2.15B
Operating Income542.00M341.00M526.00M1.03B1.26B2.72B2.52B738.00M729.00M2.25B275.00M80.00M27.00M-435.00M
Operating Margin4.67%3.00%4.47%8.55%10.63%19.21%17.27%5.95%6.81%14.17%1.53%0.56%0.19%-3.36%
EBITDA1.26B1.00B1.13B1.30B1.89B3.37B3.15B1.58B1.48B3.07B1.18B1.14B974.00M426.00M
EBITDA Margin10.83%8.85%9.58%10.79%15.85%23.81%21.57%12.77%13.81%19.32%6.59%7.90%6.87%3.29%
Net Income261.00M180.00M272.00M343.00M795.00M2.01B1.82B552.00M459.00M1.62B-272.00M-198.00M-266.00M-644.00M
Net Income Margin2.25%1.58%2.31%2.84%6.68%14.21%12.47%4.45%4.29%10.16%-1.51%-1.38%-1.88%-4.98%
R&D255.00M243.00M212.00M257.00M259.00M274.00M276.00M266.00M262.00M341.00M361.00M374.00M392.00M342.00M
R&D as % of Total Revenue2.20%2.14%1.80%2.13%2.18%1.94%1.89%2.14%2.45%2.14%2.01%2.60%2.76%2.64%
Interest Expense160.00M128.00M141.00M92.00M63.00M46.00M42.00M52.00M66.00M69.00M79.00M104.00M108.00M99.00M
Interest Expense % of Total Revenue1.38%1.13%1.20%0.76%0.53%0.33%0.29%0.42%0.62%0.43%0.44%0.72%0.76%0.76%

Balance Sheet

Currency: EUR2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets10.46B10.13B10.39B10.53B10.23B11.34B11.08B11.52B12.92B15.57B14.59B13.64B13.63B13.63B
Total Liabilities7.89B7.35B8.61B6.92B6.02B5.98B5.71B6.26B7.28B7.81B7.46B7.02B6.95B6.59B
Total Equity2.56B2.77B1.77B3.60B4.19B5.33B5.34B5.21B5.61B7.70B7.09B6.59B6.66B7.00B
Cash44.00M37.00M201.00M642.00M267.00M1.23B865.00M748.00M1.40B649.00M1.20B625.00M509.00M648.00M
Total Debt1.22B4.55B4.72B780.00M1.90B1.79B1.21B1.74B2.89B2.53B3.66B3.39B3.10B3.13B
Net Debt1.18B4.52B4.52B138.00M1.63B555.00M-818.00M994.00M1.49B1.88B2.46B2.77B2.59B2.49B

Cash Flow

Currency: EUR2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow814.00M998.00M925.00M1.47B1.79B2.36B2.38B1.38B1.23B2.19B970.00M997.00M870.00M395.00M
Investing Cash Flow-691.00M-542.00M-585.00M-380.00M-1.04B-747.00M-346.00M-838.00M-1.77B-2.00B-477.00M-925.00M-423.00M-1.33B
Financing Cash Flow-196.00M-461.00M-192.00M-645.00M-1.12B-634.00M-2.40B-668.00M1.20B-965.00M64.00M-639.00M-565.00M1.10B
Capital Expenditure633.00M583.00M612.00M509.00M419.00M518.00M707.00M910.00M704.00M764.00M832.00M765.00M781.00M770.00M
Free Cash Flow181.00M415.00M313.00M964.00M1.37B1.84B1.67B473.00M530.00M1.43B138.00M232.00M89.00M-375.00M
Dividends Paid1.00M2.00M1.00M7.00M143.00M274.00M441.00M442.00M221.00M262.00M654.00M3.00M1.00M2.00M
FCF to OCF22.24%41.58%33.84%65.44%76.54%78.06%70.24%34.20%42.95%65.16%14.23%23.27%10.23%-94.94%
Dividend Paid to FCF0.55%0.48%0.32%0.73%10.46%14.87%26.42%93.45%41.70%18.33%473.91%1.29%1.12%-0.53%

Earnings

Report DateNov 24, 2015Feb 23, 2016Apr 25, 2016Jul 26, 2016Oct 25, 2016Feb 20, 2017Apr 25, 2017Jul 25, 2017Oct 24, 2017Feb 20, 2018Apr 26, 2018Jul 25, 2018Oct 25, 2018Feb 25, 2019Apr 29, 2019Jul 24, 2019Oct 28, 2019Feb 18, 2020Apr 29, 2020Jul 22, 2020Oct 26, 2020Feb 22, 2021Apr 27, 2021Aug 5, 2021Nov 9, 2021Mar 7, 2022May 3, 2022Aug 2, 2022Oct 25, 2022Mar 2, 2023Apr 28, 2023Jul 31, 2023Oct 27, 2023Mar 21, 2024May 2, 2024Jul 29, 2024Oct 27, 2024Feb 26, 2025May 4, 2025Jul 30, 2025Oct 29, 2025
EPS Estimate0.850.070.780.971.030.371.861.982.062.133.063.022.450.460.950.970.770.210.11-0.380.641.662.012.412.311.552.151.070.22-1.67-0.390.42-0.02-0.640.030.12-0.160.41-0.360.10-0.37
EPS Actual0.850.100.901.131.280.622.312.392.432.803.243.072.590.560.981.030.800.200.11-0.280.981.682.032.322.441.582.151.040.06-4.70-0.140.24-0.16-0.98-0.19-0.380.17-1.02-0.85-0.31-0.25
Surprise0.00%42.86%15.38%16.49%24.27%67.57%24.19%20.71%17.96%31.46%5.88%1.66%5.71%21.74%3.16%6.19%3.90%-4.76%0.00%26.32%53.13%1.20%0.99%-3.73%5.63%1.94%0.00%-2.80%-72.73%-181.44%64.10%-42.86%-700.00%-53.13%-733.33%-416.67%206.25%-346.56%-136.11%-410.00%32.43%
TimingPre-market-After-hoursPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketAfter-hoursPre-marketPre-market-Pre-marketPre-marketAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap11.34B
Enterprise Value14.34B
Trailing P/E0.00
Forward P/E85.47
PEG Ratio0.51
Price / Sales0.89
Price / Book1.86
EPS-2.43
Book Value35.26
Revenue (TTM)12.81B
Gross Profit (TTM)2.10B
EBITDA697.00M
Profit Margin-2.38%
Operating Margin3.63%
Return on Equity-4.44%
Return on Assets0.29%
Shares Outstanding188.74M
Shares Float187.62M
Beta0.92
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%