Celanese Debt-to-Equity Ratio Growth & History (CE)
Celanese's debt-to-equity ratio was 3.25 for fiscal 2025.
View full Celanese company overviewCelanese annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 3.25 | 0.69 | +26.83% |
| 2024 | 2024-12-31 | 2.56 | 0.54 | +26.52% |
| 2023 | 2023-12-31 | 2.03 | −0.70 | −25.67% |
| 2022 | 2022-12-31 | 2.73 | 1.68 | +159.86% |
| 2021 | 2021-12-31 | 1.05 | −0.14 | −11.50% |
| 2020 | 2020-12-31 | 1.19 | −0.52 | −30.50% |
| 2019 | 2019-12-31 | 1.71 | 0.46 | +37.00% |
| 2018 | 2018-12-31 | 1.25 | −0.02 | −1.80% |
| 2017 | 2017-12-31 | 1.27 | 0.10 | +8.35% |
| 2016 | 2016-12-31 | 1.17 | −0.09 | −7.20% |
| 2015 | 2015-12-31 | 1.26 | 0.29 | +29.47% |
| 2014 | 2014-12-31 | 0.97 | −0.16 | −14.19% |
| 2013 | 2013-12-31 | 1.14 | −0.66 | −36.61% |
| 2012 | 2012-12-31 | 1.79 | −0.46 | −20.40% |
| 2011 | 2011-12-31 | 2.25 | −1.23 | −35.26% |
| 2010 | 2010-12-31 | 3.48 | −2.50 | −41.83% |
| 2009 | 2009-12-31 | 5.97 | −13.44 | −69.22% |
| 2008 | 2008-12-31 | 19.41 | — | — |
Celanese quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.98 | 0.45 | +18.03% |
| Q1 2026 | 2026-03-31 | 3.19 | 0.67 | +26.73% |
| Q4 2025 | 2025-12-31 | 3.25 | 0.69 | +26.83% |
| Q3 2025 | 2025-09-30 | 3.32 | 1.50 | +82.36% |
| Q2 2025 | 2025-06-30 | 2.52 | 0.65 | +34.82% |
| Q1 2025 | 2025-03-31 | 2.52 | 0.56 | +28.71% |
| Q4 2024 | 2024-12-31 | 2.56 | 0.54 | +26.52% |
| Q3 2024 | 2024-09-30 | 1.82 | −0.38 | −17.27% |
| Q2 2024 | 2024-06-30 | 1.87 | −0.79 | −29.82% |
| Q1 2024 | 2024-03-31 | 1.95 | −0.77 | −28.16% |
| Q4 2023 | 2023-12-31 | 2.03 | −0.70 | −25.67% |
| Q3 2023 | 2023-09-30 | 2.20 | −0.38 | −14.65% |
| Q2 2023 | 2023-06-30 | 2.67 | 1.79 | +204.24% |
| Q1 2023 | 2023-03-31 | 2.72 | 1.76 | +183.19% |
| Q4 2022 | 2022-12-31 | 2.73 | 1.68 | +159.86% |
| Q3 2022 | 2022-09-30 | 2.58 | 1.49 | +138.21% |
| Q2 2022 | 2022-06-30 | 0.88 | −0.19 | −18.05% |
| Q1 2022 | 2022-03-31 | 0.96 | −0.18 | −15.98% |
| Q4 2021 | 2021-12-31 | 1.05 | −0.14 | −11.50% |
| Q3 2021 | 2021-09-30 | 1.08 | −0.72 | −40.01% |
| Q2 2021 | 2021-06-30 | 1.07 | −0.69 | −39.22% |
| Q1 2021 | 2021-03-31 | 1.14 | −0.67 | −36.99% |
| Q4 2020 | 2020-12-31 | 1.19 | −0.52 | −30.50% |
| Q3 2020 | 2020-09-30 | 1.80 | 0.32 | +21.19% |
| Q2 2020 | 2020-06-30 | 1.76 | 0.31 | +21.61% |
| Q1 2020 | 2020-03-31 | 1.81 | 0.48 | +36.02% |
| Q4 2019 | 2019-12-31 | 1.71 | 0.46 | +37.00% |
| Q3 2019 | 2019-09-30 | 1.49 | 0.52 | +53.78% |
| Q2 2019 | 2019-06-30 | 1.45 | 0.38 | +36.01% |
| Q1 2019 | 2019-03-31 | 1.33 | 0.18 | +15.15% |
| Q4 2018 | 2018-12-31 | 1.25 | −0.02 | −1.80% |
| Q3 2018 | 2018-09-30 | 0.97 | −0.28 | −22.51% |
| Q2 2018 | 2018-06-30 | 1.06 | −0.17 | −13.59% |
| Q1 2018 | 2018-03-31 | 1.16 | 0.03 | +2.24% |
| Q4 2017 | 2017-12-31 | 1.27 | 0.10 | +8.35% |
| Q3 2017 | 2017-09-30 | 1.25 | 0.14 | +12.20% |
| Q2 2017 | 2017-06-30 | 1.23 | 0.24 | +23.96% |
| Q1 2017 | 2017-03-31 | 1.13 | 0.15 | +15.12% |
| Q4 2016 | 2016-12-31 | 1.17 | −0.09 | −7.20% |
| Q3 2016 | 2016-09-30 | 1.11 | 0.03 | +2.44% |
| Q2 2016 | 2016-06-30 | 0.99 | 0.12 | +14.15% |
| Q1 2016 | 2016-03-31 | 0.98 | 0.05 | +5.69% |
| Q4 2015 | 2015-12-31 | 1.26 | 0.29 | +29.47% |
| Q3 2015 | 2015-09-30 | 1.09 | −0.07 | −6.07% |
| Q2 2015 | 2015-06-30 | 0.87 | −0.16 | −15.41% |
| Q1 2015 | 2015-03-31 | 0.93 | −0.15 | −13.81% |
| Q4 2014 | 2014-12-31 | 0.97 | −0.16 | −14.19% |
| Q3 2014 | 2014-09-30 | 1.16 | −0.33 | −22.12% |
| Q2 2014 | 2014-06-30 | 1.03 | −0.53 | −33.83% |
| Q1 2014 | 2014-03-31 | 1.08 | −0.59 | −35.45% |
| Q4 2013 | 2013-12-31 | 1.14 | −0.66 | −36.61% |
| Q3 2013 | 2013-09-30 | 1.48 | −0.07 | −4.59% |
| Q2 2013 | 2013-06-30 | 1.55 | −0.12 | −7.23% |
| Q1 2013 | 2013-03-31 | 1.67 | −0.29 | −14.89% |
| Q4 2012 | 2012-12-31 | 1.79 | −0.46 | −20.40% |
| Q3 2012 | 2012-09-30 | 1.56 | −0.54 | −25.81% |
| Q2 2012 | 2012-06-30 | 1.67 | −0.55 | −24.56% |
| Q1 2012 | 2012-03-31 | 1.97 | −0.87 | −30.67% |
| Q4 2011 | 2011-12-31 | 2.25 | −1.23 | −35.26% |
| Q3 2011 | 2011-09-30 | 2.10 | −1.47 | −41.20% |
| Q2 2011 | 2011-06-30 | 2.22 | −2.75 | −55.37% |
| Q1 2011 | 2011-03-31 | 2.84 | −3.25 | −53.37% |
| Q4 2010 | 2010-12-31 | 3.48 | −2.50 | −41.83% |
| Q3 2010 | 2010-09-30 | 3.57 | −1.66 | −31.79% |
| Q2 2010 | 2010-06-30 | 4.97 | −9.22 | −64.96% |
| Q1 2010 | 2010-03-31 | 6.08 | — | — |
| Q4 2009 | 2009-12-31 | 5.97 | −13.44 | −69.22% |
| Q3 2009 | 2009-09-30 | 5.23 | — | — |
| Q2 2009 | 2009-06-30 | 14.20 | — | — |
| Q4 2008 | 2008-12-31 | 19.41 | — | — |
Celanese debt-to-equity ratio trends
Over the last five fiscal years, Celanese's debt-to-equity ratio increased from 1.19 to 3.25, a change of 2.07. The latest reported quarter, Q2 2026, shows 2.98.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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