Covestro AG

Covestro AGverified

COVTY

Price:

$29.73

Market Cap:

$10.77B

Covestro AG supplies high-tech polymer materials and related application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications. The Solutions & Specialties segment compr...[Read more]

Industry

Chemicals - Specialty

IPO Date

2016-03-22

Stock Exchange

PNK

Ticker

COVTY

The ROE as of November 2024 (TTM) for Covestro AG (COVTY) is -3.94%

According to Covestro AG’s latest financial reports and current stock price. The company's current ROE is -3.94%. This represents a change of 298.55% compared to the average of -0.99% of the last 4 quarters.

Covestro AG (COVTY) Historical ROE (quarterly & annually)

How has COVTY ROE performed in the past?

The mean historical ROE of Covestro AG over the last ten years is 14.85%. The current -3.94% ROE has changed -126.52% with respect to the historical average. Over the past ten years (40 quarters), COVTY's ROE was at its highest in in the September 2015 quarter at 14.49%. The ROE was at its lowest in in the December 2022 quarter at -12.80%.

Quarterly (TTM)
Annual

Average

14.85%

Median

12.98%

Minimum

-3.97%

Maximum

37.66%

Covestro AG (COVTY) ROE by Quarter and Year

Discovering the peaks and valleys of Covestro AG ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 156.50%

Maximum Annual ROE = 37.66%

Minimum Annual Increase = -118.89%

Minimum Annual ROE = -3.97%

Quarterly (TTM)
Annual
YearROEChange
2023-3.00%-24.23%
2022-3.97%-118.89%
202121.00%156.50%
20208.19%-22.78%
201910.60%-68.94%
201834.13%-9.38%
201737.66%98.42%
201618.98%98.97%
20159.54%-37.93%
201415.37%136.40%

Covestro AG (COVTY) Average ROE

How has COVTY ROE performed in the past?

The current ROE of Covestro AG (COVTY) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

4.68%

5-year avg

6.56%

10-year avg

14.85%

Covestro AG (COVTY) ROE vs. Peers

How is COVTY’s ROE compared to its peers?

Covestro AG’s ROE is less than Symrise AG (0%), less than Fuchs Petrolub SE (10.62%), less than Linde plc (16.61%), less than H.B. Fuller Company (16.38%), less than Minerals Technologies Inc. (10.21%), less than Quaker Chemical Corporation (9.15%), less than Oil-Dri Corporation of America (8.74%), less than Sensient Technologies Corporation (19.82%), less than Akzo Nobel N.V. (8.34%), less than L'Air Liquide S.A. (12.53%), less than Asia Carbon Industries, Inc. (12.39%), less than Akzo Nobel N.V. (20.30%), less than Avoca LLC (12.53%), less than null (0%),

Build a custom stock screener for Covestro AG (COVTY) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Covestro AG using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Covestro AG (COVTY) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Covestro AG or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the ROE?

How can you use the ROE?

What is Covestro AG's ROE?

How is the ROE calculated for Covestro AG (COVTY)?

What is the highest ROE for Covestro AG (COVTY)?

What is the 3-year average ROE for Covestro AG (COVTY)?

What is the 5-year average ROE for Covestro AG (COVTY)?

How does the current ROE for Covestro AG (COVTY) compare to its historical average?