Q4 25 EPS
$0.67
MISS 26.37%
Est. $0.91
Q4 25 Revenue
$2.20B
MISS 2.02%
Est. $2.25B
vs S&P Since Q4 25
-32.4%
TRAILING MARKET
CE -23.7% vs S&P +8.7%
Full Year 2025 Results
FY 25 EPS
$3.98
MISS 6.42%
Est. $4.25
FY 25 Revenue
$9.54B
MISS 0.41%
Est. $9.58B
Market Reaction
Did CE Beat Earnings? Q4 2025 Results
Celanese delivered a disappointing fourth quarter, with adjusted EPS of $0.67 falling short of the $0.91 consensus estimate by 26.77% as persistent demand weakness and greater-than-anticipated year-end destocking across automotive, paints, and constr… Read more Celanese delivered a disappointing fourth quarter, with adjusted EPS of $0.67 falling short of the $0.91 consensus estimate by 26.77% as persistent demand weakness and greater-than-anticipated year-end destocking across automotive, paints, and construction end-markets weighed heavily on results. Revenue came in at $2.20 billion, missing estimates by 1.74% and declining 7.0% year-over-year, with sequential volume declines of 7% and price erosion of 2% compounding the pressure. The single most material drag was aggressive destocking paired with competitive dynamics in acetate tow, which overwhelmed partial offsets from cost reductions and mix improvement in Engineered Materials. Full-year adjusted EPS landed at $3.98 against a GAAP diluted loss of $10.44 per share, the latter driven largely by a $1.10 billion goodwill impairment charge. New CEO Scott Richardson pointed to ongoing deleveraging and portfolio rationalization as stabilizing forces, and the company guided Q1 2026 adjusted EPS of $0.70 to $0.85 while targeting full-year 2026 free cash flow of $650 million to $750 million amid continued macro uncertainty.
Key Takeaways
- • Greater-than-anticipated year-end destocking pressured Q4 volumes
- • Competitive dynamics in acetate tow negatively impacted Acetyl Chain results
- • Cost reductions and mix improvement in Engineered Materials partially offset volume headwinds
- • Persistently weak demand in automotive, paints, coatings, and construction end-markets
- • Channel partner destocking in the western hemisphere and lower-than-expected demand in Asia
CE YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
CE Revenue by Segment
With YoY comparisons, source: SEC Filings
“Our full-year performance demonstrates the strength of our action plans and disciplined execution in a challenging environment. With over $770 million of free cash flow generation, over $120 million in cost reductions, the Micromax® divestiture completed, near-term maturities refinanced, and programs in place to drive growth and enrich our EM pipeline, we've made considerable progress against our priorities of deleveraging, cost improvement, and top-line growth. While fourth-quarter results reflected anticipated seasonality and softer volumes, the decisive steps we took throughout 2025—portfolio actions, cost reductions, footprint optimization, and prudent refinancing—position us well for continued improvement.”
— Scott Richardson, Q4 2025 Earnings Press Release
CE Earnings Trends
CE vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
CE EPS Trend
Earnings per share: estimate vs actual
CE Revenue Trend
Quarterly revenue: estimate vs actual
CE Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 MISS | $0.88 | $0.85 | -3.61% | $2.34B | -0.41% |
| Q4 25 MISS FY | $0.91 | $0.67 | -26.37% | $2.20B | -2.02% |
| FY Full Year | $4.25 | $3.98 | -6.42% | $9.54B | -0.41% |
| Q3 25 BEAT | $1.22 | $1.34 | +9.59% | $2.42B | -3.71% |
| Q2 25 BEAT | $1.40 | $1.44 | +2.82% | $2.53B | +1.89% |
| Q1 25 BEAT | $0.39 | $0.57 | +47.82% | $2.39B | +5.54% |