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Covestro AG (XTER:1COV) PensionAndRetirementBenefit : €315 Mil (As of Mar. 2025)


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What is Covestro AG PensionAndRetirementBenefit?

Covestro AG's PensionAndRetirementBenefit for the quarter that ended in Mar. 2025 was €315 Mil.

Covestro AG's quarterly PensionAndRetirementBenefit increased from Sep. 2024 (€374 Mil) to Dec. 2024 (€388 Mil) but then declined from Dec. 2024 (€388 Mil) to Mar. 2025 (€315 Mil).

Covestro AG's annual PensionAndRetirementBenefit declined from Dec. 2022 (€490 Mil) to Dec. 2023 (€468 Mil) and declined from Dec. 2023 (€468 Mil) to Dec. 2024 (€388 Mil).

Covestro AG PensionAndRetirementBenefit Historical Data

The historical data trend for Covestro AG's PensionAndRetirementBenefit 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.

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Covestro AG PensionAndRetirementBenefit Chart

Covestro AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PensionAndRetirementBenefit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,127.00 1,202.00 490.00 468.00 388.00

Covestro AG Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
PensionAndRetirementBenefit 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 421.00 363.00 374.00 388.00 315.00

Covestro AG PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.

Covestro AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Covestro AG (XTER:1COV) » Definitions » PensionAndRetirementBenefit
Comparable Companies
XTER:EVK XTER:BNR XTER:SY1 XTER:WCH XTER:LXS XTER:VBK XTER:UZU XTER:2HRA XTER:NTG XTER:MZX LIN XPAR:AI SHW ECL APD ISX:TPIA XSWX:GIVN XSWX:SIKA OCSE:NSIS B XAMS:DSFIR
Traded in Other Exchanges
COVTY:USA CVVTF:USA 11COV:Italy 1COVd:UK 0RBE:UK 1COV:Bulgaria 1COV:Austria
Address
Kaiser-Wilhelm-Allee 60, Leverkusen, NW, DEU, 51373
Website
https://www.covestro.com/en
Covestro AG is a player in the polymer materials field. The firm is engaged in polyurethanes and polycarbonates, products that the company discovered in the mid-20th century. 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 Solutions & Specialties segment. The Solutions & Specialties segment includes six business entities: Engineering Plastics; Coatings & Adhesives; Tailored Urethanes; Thermoplastic Polyurethanes; Specialty Films; and Elastomers.
Executives
Dr. Markus Steilemann Board of Directors
Dr. Thomas Toepfer Board of Directors
Sucheta Govil Board of Directors

Covestro AG Headlines

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