Covestro AG
XETRA:1COV

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Covestro AG
XETRA:1COV
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Price: 57.1 EUR 0.11% Market Closed
Market Cap: 10.8B EUR
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Gross Margin
Covestro AG

15.9%
Current
19%
Average
23.8%
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
15.9%
=
Gross Profit
2.2B
/
Revenue
14.1B

Gross Margin Across Competitors

Country DE
Market Cap 10.8B EUR
Gross Margin
16%
Country US
Market Cap 97.8B USD
Gross Margin
48%
Country JP
Market Cap 11.2T JPY
Gross Margin
38%
Country US
Market Cap 69.8B USD
Gross Margin
43%
Country CH
Market Cap 36.3B CHF
Gross Margin
43%
Country US
Market Cap 34.8B USD
Gross Margin
36%
Country CN
Market Cap 232B CNY
Gross Margin
15%
Country CH
Market Cap 28.5B EUR
Gross Margin
25%
Country US
Market Cap 28.5B USD
Gross Margin
42%
Country IN
Market Cap 2.4T INR
Gross Margin
43%
Country DK
Market Cap 165.6B DKK
Gross Margin
54%
No Stocks Found

Covestro AG
Glance View

Market Cap
10.8B EUR
Industry
Chemicals

Covestro AG, a leading global supplier of high-performance polymers, is at the forefront of the materials revolution, driving innovation across numerous industries, from automotive to construction. Headquartered in Leverkusen, Germany, the company was spun off from Bayer AG in 2015 and has since carved out a niche in sustainable production methods. Covestro focuses on contributing to a circular economy, emphasizing eco-friendly practices that not only meet regulatory demands but also align with growing consumer expectations for sustainability. With a diversified product portfolio, including polycarbonate, polyurethane, and specialty films, Covestro plays an essential role in creating lightweight, energy-efficient solutions that cater to the evolving needs of modern society. For investors, Covestro represents a compelling opportunity underscored by its commitment to innovation and sustainability. The company's robust financial position, highlighted by consistent revenue growth and a strong dividend history, assures stakeholders of its resilience in fluctuating markets. Additionally, Covestro's strategic investments in R&D and technological advancements bolster its competitive edge, allowing it to address the increasing demand for environmentally responsible products. As governments and consumers shift their focus to sustainability, Covestro is well-positioned to benefit from these trends, making it a promising candidate for investors seeking long-term growth in a rapidly changing world.

1COV Intrinsic Value
49.26 EUR
Overvaluation 14%
Intrinsic Value
Price

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
15.9%
=
Gross Profit
2.2B
/
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 15.9%.