Covestro AG (Covestro AG) 3-Year Revenue Growth Rate : 9.50% (As of Dec. 2023)

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What is Covestro AG 3-Year Revenue Growth Rate?

Covestro AG's Revenue per Share for the three months ended in Dec. 2023 was $19.92.

During the past 12 months, Covestro AG's average Revenue per Share Growth Rate was -19.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 9.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 3.90% per year. During the past 10 years, the average Revenue per Share Growth Rate was 2.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 12 years, the highest 3-Year average Revenue per Share Growth Rate of Covestro AG was 16.30% per year. The lowest was -6.10% per year. And the median was 4.90% per year.

Competitive Comparison of Covestro AG's 3-Year Revenue Growth Rate

For the Specialty Chemicals subindustry, Covestro AG's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate 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's 3-Year Revenue Growth Rate Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Covestro AG's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Covestro AG's 3-Year Revenue Growth Rate falls into.

Covestro AG 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

Covestro AG (OTCPK:CVVTF) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Covestro AG 3-Year Revenue Growth Rate Related Terms

Thank you for viewing the detailed overview of Covestro AG's 3-Year Revenue Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Covestro AG (Covestro AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Covestro AG (OTCPK:CVVTF) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

COVTY:USA 11COV:Italy 1COVd:UK 0RBE:UK 1COV:Germany 1COV:Austria

Address

Kaiser-Wilhelm-Allee 60, Leverkusen, NW, DEU, 51373

Website

https://www.covestro.com/en

Covestro, formerly Bayer Material Science, was spun off from the Bayer Group in 2015. The firm is a market leader 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 Covestro's products is driven primarily by cyclical end markets, such as automotive, construction, and furniture.

Covestro AG (Covestro AG) Headlines

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