CE Q3 2016 Earnings Report — Celanese Corporation Revenue & Financial Results | Market Cap Arena

Celanese CorporationCE

Q3 2016 Earnings

Reported October 18, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q3 2016	Q2 2016	Q3 2015	QoQ Change	YoY Change
Revenue	$1.3B	—	—	—	—
Op. Income	$246M	—	—	—	—
Gross Margin	26.8%	—	—	—	—
Net Margin	19.8%	—	—	—	—
EPS (Diluted)	$1.81	—	—	—	—
Free Cash Flow	$246M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$1.3B
Cost of Revenue	$968M
GROSS PROFIT	$355M
R&D Expenses	$20M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$81M
Other Expenses	$3M
Operating Expenses	$104M
Cost & Expenses	$1.1B
OPERATING INCOME	$246M
Interest Income	$0
Interest Expense	$28M
Other Income/Expenses	$35M
INCOME BEFORE TAX	$281M
Income Tax Expense	$15M
Net Income from Continuing Ops	$266M
Net Income from Discontinued Ops	-$3M
Other Adjustments	$0
NET INCOME	$262M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$262M
D&A	$3M
EBIT	$309M
EBITDA	$387M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.3B
Cost of Revenue	$968M
GROSS PROFIT	$355M
R&D Expenses	$20M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$81M
Other Expenses	$3M
Operating Expenses	$104M
Cost & Expenses	$1.1B
OPERATING INCOME	$246M
Interest Income	$0
Interest Expense	$28M
Other Income/Expenses	$35M
INCOME BEFORE TAX	$281M
Income Tax Expense	$15M
Net Income from Continuing Ops	$266M
Net Income from Discontinued Ops	-$3M
Other Adjustments	$0
NET INCOME	$262M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$262M
D&A	$3M
EBIT	$309M
EBITDA	$387M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$263M
Depreciation & Amortization	$74M
Stock-Based Compensation	$7M
Deferred Income Tax	$40M
Other Non-Cash Items	-$53M
Change in Working Capital	-$27M
OPERATING CASH FLOW	$304M
Capital Expenditure	-$58M
Acquisitions (Net)	$6M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$2M
NET CASH FROM INVESTING	-$54M
Net Debt Issuance	$437M
Common Stock Repurchased	-$100M
Common Dividends Paid	-$52M
Other Financing Activities	-$20M
NET CASH FROM FINANCING	$265M
FREE CASH FLOW	$246M
Net Change in Cash	$517M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.3B
Short-Term Investments	$34M
Net Receivables	$1.0B
Inventory	$652M
Other Current Assets	$35M
TOTAL CURRENT ASSETS	$3.0B
PP&E (Net)	$3.6B
Goodwill	$712M
Intangible Assets	$119M
Long-Term Investments	$864M
Tax Assets	$216M
Other Non-Current Assets	$290M
TOTAL NON-CURRENT ASSETS	$5.8B
TOTAL ASSETS	$8.8B
Account Payables	$591M
Short-Term Debt	$92M
Deferred Revenue	$116M
Other Current Liabilities	$194M
TOTAL CURRENT LIABILITIES	$1.1B
Long-Term Debt	$2.9B
Deferred Revenue NC	$53M
Deferred Tax Liabilities	$240M
Other Non-Current Liabilities	$1.4B
TOTAL NON-CURRENT LIABILITIES	$4.5B
TOTAL LIABILITIES	$5.6B
Common Stock	$0
Additional Paid-In Capital	$140M
Retained Earnings	$4.2B
Treasury Stock	-$1.3B
Accum. Other Comp. Income	-$310M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.7B
Minority Interest	$441M
TOTAL EQUITY	$3.2B
TOTAL LIABILITIES & EQUITY	$8.8B
Total Debt	$3.0B
Net Debt	$1.8B