Covestro AG (MIL:11COV) FCF Margin %: 2.98% (As of Dec. 2025) — 32% Below Median


MIL:11COV Covestro AG MIL:11COV
60 GF Score
Price €56.90
GF Value €48.20
! 7 Warning Signs
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What is Covestro AG FCF Margin %?

Covestro AG MIL:11COV -0.52% 60 FCF Margin % is 2.98% as of Dec. 2025, which is 32% below its 10-year median of 4.38. GuruFocus rates MIL:11COV with a GF Score™ of 60/100 and a GF Value™ of €48.20. The stock has 7 warning signs investors should review. Among 1,577 Chemicals companies, Covestro AG ranks worse than 64.49% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Covestro AG's Free Cash Flow for the three months ended in Dec. 2025 was €87 Mil. Covestro AG's Revenue for the three months ended in Dec. 2025 was €2,915 Mil. Therefore, Covestro AG's FCF Margin % for the quarter that ended in Dec. 2025 was 2.98%.

As of today, Covestro AG's current FCF Yield % is -2.28%.

The historical rank and industry rank for Covestro AG's FCF Margin % or its related term are showing as below:

MIL:11COV' s FCF Margin % Range Over the Past 10 Years
Min: -2.19   Med: 4.38   Max: 13.04
Current: -2.19


During the past 13 years, the highest FCF Margin % of Covestro AG was 13.04%. The lowest was -2.19%. And the median was 4.38%.

MIL:11COV's FCF Margin % is ranked worse than
64.49% of 1577 companies
in the Chemicals industry
Industry Median: 1.8 vs MIL:11COV: -2.19


Covestro AG FCF Margin % Related Terms


Covestro AG FCF Margin % Historical Data

* Premium members only.

The historical data trend for Covestro AG's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Covestro AG FCF Margin % Chart

Covestro AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.99 0.77 1.61 0.63 -2.19

Covestro AG Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.49 -7.28 -6.75 3.50 2.98

MIL:11COV vs LIN, SHW, ECL: FCF Margin % Comparison

For the Specialty Chemicals subindustry, Covestro AG's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Covestro AG FCF Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Covestro AG's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Covestro AG's FCF Margin % falls into.


MIL:11COV
60GF Score
Covestro AG MIL:11COV
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Covestro AG FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Covestro AG's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-283/12942
=-2.19 %

Covestro AG's FCF Margin for the quarter that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=87/2915
=2.98 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 2.98% mean?
Covestro AG (MIL:11COV) has a FCF Margin % of 2.98% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Covestro AG and its competitors. This is 32% below median its historical median of 4.38. According to the industry distribution chart, Covestro AG ranks #1017 out of 1577 companies in the Chemicals industry, placing it in the top 64.5%.
Is Covestro AG's FCF Margin % too high?
Covestro AG's current FCF Margin % of 2.98% is 32% below median its 10-year median of 4.38. The Chemicals industry median FCF Margin % is 1.80. Covestro AG's value of 2.98% is 65.6% above this industry median. Based on the distribution chart, Covestro AG ranks #1017 out of 1577 companies in the Chemicals industry, which is below the industry midpoint. Overall, Covestro AG has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Covestro AG's FCF Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Covestro AG ranks #1017 out of 1577 companies for FCF Margin %. This places Covestro AG in the lower half of its industry. The industry median FCF Margin % is 1.80. Covestro AG's value of 2.98% is 65.6% above this benchmark. While the company's 10-year median is 4.38 vs. the industry median of 1.80, Covestro AG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Chemicals company?
The median FCF Margin % among Chemicals companies is 1.80, based on 1,577 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Covestro AG's current FCF Margin % of 2.98% is 65.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Covestro AG and its competitors. For the Chemicals industry, the median FCF Margin % is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Covestro AG's current FCF Margin % is 2.98%, which is 32% below median its own 10-year median of 4.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covestro AG stock overvalued right now?
Covestro AG (MIL:11COV) has a current FCF Margin % of 2.98%. The stock's GF Value™ is €48.20, compared to a current price of €56.90 — trading 18% above its estimated fair value. The current FCF Margin % is 2.98%, which is 32% below median its 10-year median of 4.38 and 65.6% above the Chemicals industry median of 1.80. Covestro AG's overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Covestro AG (MIL:11COV), the current FCF Margin % is 2.98% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Covestro AG (MIL:11COV) Overvalued in 2026?

Based on GuruFocus' analysis, Covestro AG stock appears to be overvalued. The current stock price of €56.90 is trading 18% above its estimated GF Value™ of €48.20.

Key valuation signals for MIL:11COV:

  • FCF Margin %: 2.98% (32% below median its 10-year median of 4.38)
  • GF Value™: €48.20 vs. price of €56.90 (18% above fair value)
  • GF Score™: 60/100 with 7 warning signs
  • Industry Position: 65.6% above the Chemicals median (#1017 of 1577)

No single metric tells the full story. See the MIL:11COV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Covestro AG Business Description

Other Exchanges COVTY:USA1COV:Germany
Address Kaiser-Wilhelm-Allee 60, Leverkusen, NW, DEU, 51373
Covestro AG is a player in the polymer materials field. The firm is engaged in polyurethanes and polycarbonates products. It also has a sizable speciality chemicals business that is focused on coatings and adhesives. Demand for the company's products is driven by cyclical end markets, such as automotive, construction, and furniture. The company's segment includes Performance Materials and Solutions & Specialties. The company generates the majority of its revenue from the Solutions & Specialties segment. The Solutions & Specialties segment includes six business entities: Engineering Plastics; Coatings & Adhesives; Tailored Urethanes; Thermoplastic Polyurethanes; Specialty Films; and Elastomers.
60GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€56.90
Price
€48.20
GF Value