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Covestro AG
XETRA:1COV

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Covestro AG Logo
Covestro AG
XETRA:1COV
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Price: 49.56 EUR 0.32% Market Closed
Updated: May 21, 2024

Gross Margin
Covestro AG

16.2%
Current
20%
Average
23.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
16.2%
=
Gross Profit
2.3B
/
Revenue
14.1B

Gross Margin Across Competitors

Country DE
Market Cap 9.4B EUR
Gross Margin
16%
Country US
Market Cap 78.6B USD
Gross Margin
47%
Country JP
Market Cap 11.9T JPY
Gross Margin
38%
Country US
Market Cap 67.2B USD
Gross Margin
42%
Country CH
Market Cap 45.4B CHF
Gross Margin
54%
Country CH
Market Cap 38.5B CHF
Gross Margin
41%
Country CN
Market Cap 278.2B CNY
Gross Margin
16%
Country US
Market Cap 33.3B USD
Gross Margin
35%
Country IN
Market Cap 2.7T INR
Gross Margin
43%
Country US
Market Cap 31.4B USD
Gross Margin
42%
Country CH
Market Cap 28.2B EUR
Gross Margin
25%

Profitability Report

View the profitability report to see the full profitability analysis for Covestro AG.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
16.2%
=
Gross Profit
2.3B
/
Revenue
14.1B
What is the Gross Margin of Covestro AG?

Based on Covestro AG's most recent financial statements, the company has Gross Margin of 16.2%.