Covestro

Covestro – A leader in polymer solutions mainly in the automotive, construction, wood processing and furniture, and electrical and electronics industries.

Launch date

2015

Employees

10001+ people

Market cap

Enterprise valuation

CAD20.0b (Public information from Sep 2024)

Leverkusen Nordrhein-Westfalen (HQ & founding location)

https://www.covestro.com/

https://twitter.com/covestro https://www.facebook.com/bayer https://www.linkedin.com/company/covestro

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Revenues, earnings & profits over time

EUR	2020	2021	2022	2023	2024	2025	2026
Revenues	10.7b	15.9b	18.0b	14.4b	14.5b	15.3b	16.0b
% growth	(14 %)	49 %	13 %	(20 %)	1 %	6 %	5 %
EBITDA	1.5b	3.1b	1.7b	1.1b	1.2b	1.6b	1.9b
% EBITDA margin	14 %	19 %	9 %	8 %	8 %	10 %	12 %
Profit	459m	1.6b	(272m)	(198m)	(47.9m)	396m	642m
% profit margin	4 %	10 %	(2 %)	(1 %)	-	3 %	4 %
EV / revenue	0.9x	0.8x	0.5x	0.9x	0.9x	0.8x	0.8x
EV / EBITDA	6.8x	3.9x	5.7x	11.2x	11.2x	8.2x	6.7x
R&D budget	262m	341m	361m	374m	-	-	-
R&D % of revenue	2 %	2 %	2 %	3 %	-	-	-