Celanese Corp (CE) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Advanced Engineered Materials								1,326.0
Consumer Specialties								969.0
Industrial Specialties								1,082.0
Acetyl Intermediates								2,744.0
Total revenues	9,673.0	8,537.0	5,655.0	6,297.0	7,155.0	6,140.0	-2,579.0	5,674.0
Revenue growth [+]	13.3%	51.0%	-10.2%	-12.0%	16.5%	-338.1%	-145.5%	-16.6%
Advanced Engineered Materials								-9.1%
Consumer Specialties								-16.5%
Industrial Specialties								-11.6%
Acetyl Intermediates								-21.4%
Cost of goods sold	7,293.0	5,855.0	4,362.0	4,691.0	5,183.0	4,629.0	-3,984.0	4,356.0
Gross profit	2,380.0	2,682.0	1,293.0	1,606.0	1,972.0	1,511.0	1,405.0	1,318.0
Gross margin	24.6%	31.4%	22.9%	25.5%	27.6%	24.6%	-54.5%	23.2%
Selling, general and administrative	824.0	633.0	482.0	483.0	546.0	496.0	378.0	506.0
Research and development	112.0	86.0	74.0	67.0	72.0	73.0	78.0	119.0
Equity in earnings	220.0	146.0	134.0	182.0	233.0	183.0	155.0	181.0
Other operating expenses	74.0	14.0	112.0	425.0	11.0	144.0	23.0	718.0
EBITDA [+]	2,068.0	2,473.0	1,115.0	1,169.0	1,925.0	1,291.0	1,376.0	519.0
EBITDA growth	-16.4%	121.8%	-4.6%	-39.3%	49.1%	-6.2%	165.1%	-60.6%
EBITDA margin	21.4%	29.0%	19.7%	18.6%	26.9%	21.0%	-53.4%	9.1%
Depreciation	416.0	353.0	334.0	332.0	325.0	290.0	286.0	352.0
EBITA	1,652.0	2,120.0	781.0	837.0	1,600.0	1,001.0	1,090.0	167.0
EBITA margin	17.1%	24.8%	13.8%	13.3%	22.4%	16.3%	-42.3%	2.9%
Amortization of intangibles	62.0	25.0	22.0	24.0	24.0	20.0	9.0	11.0
EBIT [+]	1,590.0	2,095.0	759.0	813.0	1,576.0	981.0	1,081.0	156.0
EBIT growth	-24.1%	176.0%	-6.6%	-48.4%	60.7%	-9.3%	592.9%	-84.7%
EBIT margin	16.4%	24.5%	13.4%	12.9%	22.0%	16.0%	-41.9%	2.7%
Non-recurring items [+]	-8.0	3.0	-39.0	-203.0	9.0	-59.0	-8.0	-351.0
Unusual expense	-8.0	3.0	-39.0	-203.0	9.0	-59.0	-8.0	-351.0
Interest expense, net [+]	336.0	83.0	103.0	109.0	119.0	120.0	118.0	118.0
Interest expense	405.0	91.0	109.0	115.0	125.0	122.0	120.0	119.0
Interest income	69.0	8.0	6.0	6.0	6.0	2.0	2.0	1.0
Other income (expense), net [+]	159.0	239.0	1,556.0	81.0	62.0	155.0	59.0	99.0
Gain (loss) on sale of assets	5.0	3.0	-7.0	-2.0	-5.0	-5.0	3.0	-9.0
Gain (loss) on debt retirement		-9.0		-4.0	-1.0		-6.0
Gain (loss) on foreign currency transactions	-1.0	2.0	-5.0	7.0		-1.0	-1.0	4.0
Write-off of deferred debt issuance costs		-9.0		-4.0	-1.0		-6.0
Other	9.0	-5.0	5.0	-8.0	8.0	3.0	-2.0	-8.0
Pre-tax income	1,421.0	2,248.0	2,251.0	988.0	1,510.0	1,075.0	1,030.0	488.0
Income taxes	-489.0	330.0	247.0	124.0	292.0	213.0	122.0	201.0
Tax rate		14.7%	11.0%	12.6%	19.3%	19.8%	11.8%	41.2%
Minority interest	8.0	6.0	7.0	6.0	6.0	6.0	6.0	-19.0
Earnings from continuing ops	3,812.0	3,830.0	4,001.0	1,722.0	2,430.0	1,718.0	1,810.0	593.0
Earnings from discontinued ops	-8.0	-22.0	-12.0	-6.0	-5.0	-13.0	-2.0	-2.0
Net income	3,804.0	3,808.0	3,989.0	1,716.0	2,425.0	1,705.0	1,808.0	591.0
Net margin	39.3%	44.6%	70.5%	27.3%	33.9%	27.8%	-70.1%	10.4%

Basic EPS [+]	$35.17	$34.44	$33.96	$13.90	$18.09	$12.46	$12.49	$3.93
Growth	2.1%	1.4%	144.4%	-23.2%	45.2%	-0.2%	217.6%	-51.6%
Diluted EPS [+]	$34.90	$34.17	$33.77	$13.81	$17.94	$12.42	$12.43	$3.89
Growth	2.1%	1.2%	144.4%	-23.0%	44.5%	0.0%	219.1%	-51.7%

Dividends per share [+]	$2.74	$2.73	$2.49	$2.42	$2.08	$1.75	$1.39	$1.15
Growth	0.3%	9.9%	2.7%	16.1%	19.3%	26.0%	20.2%	24.2%

Shares outstanding (basic) [+]	108.4	111.2	117.8	123.9	134.3	137.9	144.9	150.8
Growth	-2.6%	-5.6%	-4.9%	-7.7%	-2.6%	-4.9%	-3.9%	-2.7%
Shares outstanding (diluted) [+]	109.2	112.1	118.5	124.7	135.4	138.3	145.7	152.3
Growth	-2.5%	-5.4%	-5.0%	-7.9%	-2.1%	-5.0%	-4.3%	-2.5%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.