Net margin is calculated as Net Income divided by its Revenue. Covestro AG's Net Income for the
three
months ended in Dec. 2025 was €-378 Mil. Covestro AG's Revenue for the
three
months ended in Dec. 2025 was €2,915 Mil. Therefore, Covestro AG's net margin for the quarter that ended in Dec. 2025 was -12.97%.
The historical rank and industry rank for Covestro AG's Net Margin % or its related term are showing as below:
MIL:11COV'
s Net Margin % Range Over the Past 10 Years
Min: -4.98 Med: 4.37 Max: 14.21
Current: -4.98
MIL:11COV's Net Margin % is ranked worse than 82.8% of 1581
companies
in the Chemicals industry
Industry Median: 3.89
vs MIL:11COV: -4.98
Covestro AG (MIL:11COV) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Covestro AG Net Margin % Related Terms
Covestro AG Net Margin % Historical Data
* Premium members only.
The historical data trend for Covestro AG's Net 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.
MIL:11COV vs LIN, SHW, ECL: Net Margin % Comparison
For the Specialty Chemicals subindustry, Covestro AG's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Covestro AG's Net Margin % distribution charts can be found below:
* The bar in red indicates where Covestro AG's Net Margin % falls into.
* 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 (MIL:11COV) has a Net Margin % of -12.97% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Covestro AG and its competitors. According to the industry distribution chart, Covestro AG ranks #1309 out of 1581 companies in the Chemicals industry, placing it in the top 82.8%.
Is Covestro AG's Net Margin % too high?
Covestro AG's current Net Margin % is -12.97%. Based on the distribution chart, Covestro AG ranks #1309 out of 1581 companies in the Chemicals industry, which is in the bottom quartile relative to peers. 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 Net Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Covestro AG ranks #1309 out of 1581 companies for Net Margin %. This places Covestro AG in the lower half of its industry. The industry median Net Margin % is 3.89. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Chemicals company?
The median Net Margin % among Chemicals companies is 3.89, based on 1,581 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Covestro AG and its competitors. For the Chemicals industry, the median Net Margin % is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Covestro AG's current Net Margin % is -12.97%. 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 Net Margin % of -12.97%. 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 Net Margin % is -12.97%. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Covestro AG (MIL:11COV), the current Net Margin % is -12.97% 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:
Net Margin %: -12.97%
GF Value™: €48.20 vs. price of €56.90 (18% above fair value)
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 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
Get the complete analysis for MIL:11COV
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:11COV has been successfully added to your 
