Covestro AG EBITDA margin
What is the EBITDA margin of Covestro AG?
The EBITDA margin of Covestro AG is 19.82%
What is the definition of EBITDA margin?
EBITDA margin is a profitability ratio that measures how much EBITDA the company generates as a percentage of revenue.
ttm (trailing twelve months)
EBITDA margin measures how much of EBITDA is generated as a percentage of sales. It measures the company’s operating profit as a percentage of its revenue and is calculated as EBITDA (earnings before interest, taxes, depreciation, and amortization) divided by total revenue.
EBITDA margin also helps with judging the effectiveness of cost-cutting processes at the company. The higher the company’s EBITDA margin, the lower operating expenses are in respect to revenue. As a result, a higher EBITDA margin is considered more favorable. Smaller companies can have higher EBITDA margins since they are able to operate more efficiently and maximize their profitability.
EBITDA excludes interest on debt, taxes, and capital expenditures, the margin does not provide a perfectly clear estimate of the business’s cash flow generation. Furthermore, EBITDA margin is not recognized as a GAAP (generally accepted accounting principles) metric.
EBITDA margin of companies in the Materials sector on XETRA compared to Covestro AG
What does Covestro AG do?
Covestro AG develops, produces, and markets polymer materials for various industries. The company operates in three segments: Polyurethanes; Polycarbonates; and Coatings, Adhesives, Specialties (CAS). The Polyurethanes segment develops, produces, and markets chemical precursors, such as diphenylmethane diisocyanate, toluene diisocyanate, and polyether polyol, which are used primarily in the furniture, construction, and automotive industries. The Polycarbonates segment provides high-performance plastic polycarbonates in the form of granules, composite materials, and semi-finished products for use in the automotive, construction, electrical and electronic, medical technology, and lighting industries. The CAS segment offers precursors for coatings, adhesives, and sealants, as well as specialties. This segment also provides polymer materials and aqueous dispersions for use in automotive and transportation, infrastructure and construction, wood processing, and furniture applications. The company 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.
Companies with ebitda margin similar to Covestro AG
- CBo Territoria SA has EBITDA margin of 19.80%
- Young & Co.'s Brewery, P.L.C has EBITDA margin of 19.80%
- Young & Co.'s Brewery Plc has EBITDA margin of 19.80%
- Grace Technology has EBITDA margin of 19.81%
- Granules India has EBITDA margin of 19.82%
- HJ Capital (International) has EBITDA margin of 19.82%
- Covestro AG has EBITDA margin of 19.82%
- Dalmia Bharat has EBITDA margin of 19.83%
- Agiliti, De has EBITDA margin of 19.83%
- Dover Motorsports Inc has EBITDA margin of 19.83%
- Kühne + Nagel International AG has EBITDA margin of 19.83%
- Jiayuan International has EBITDA margin of 19.83%
- Take-Two Interactive Software has EBITDA margin of 19.83%