Covestro AG Operating margin
What is the Operating margin of Covestro AG?
The Operating margin of Covestro AG is 0.50%
What is the definition of Operating margin?
Operating margin is the ratio of operating income divided by net sales and presented in percent.
ttm (trailing twelve months)
Operating margin is an indicator of profitability and is often used to compare the profitability of companies and industries of differing sizes. Companies are collections of projects and markets, individual areas can be judged on how successful they are at adding to the corporate net profit. Not all projects are of equal size, however, and one way to adjust for size is to divide the profit by sales revenue. The resulting ratio is the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted.
Operating 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 operating margin similar to Covestro AG
- Forward Fashion (Intl) Hldg has Operating margin of 0.49%
- Unitech International has Operating margin of 0.49%
- Current Water Technologies has Operating margin of 0.49%
- Alto Ingredients Inc has Operating margin of 0.49%
- Sanginita Chemicals has Operating margin of 0.50%
- World Fuel Services has Operating margin of 0.50%
- Covestro AG has Operating margin of 0.50%
- Lap Kei Engineering () has Operating margin of 0.50%
- Ling Yui has Operating margin of 0.51%
- O2i SA has Operating margin of 0.51%
- Nandan Denim has Operating margin of 0.51%
- Points International has Operating margin of 0.52%
- The Cross-Harbour () has Operating margin of 0.53%