Covestro AG (LTS:0RBE) Tax Provision: €-144 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0RBE Covestro AG LTS:0RBE
64 GF Score
Price €59.83
GF Value €48.28
! 6 Warning Signs
View Full Analysis

What is Covestro AG Tax Provision?

Covestro AG LTS:0RBE 64 Tax Provision is €-144 Mil as of Jun. 2026. GuruFocus rates LTS:0RBE with a GF Score™ of 64/100 and a GF Value™ of €48.28. The stock has 6 warning signs investors should review.

Covestro AG's tax provision for the six months ended in Jun. 2026 was €-83 Mil. Its tax provision for the trailing twelve months (TTM) ended in Jun. 2026 was €-144 Mil.

Covestro AG Tax Provision Historical Data

* Premium members only.

The historical data trend for Covestro AG's Tax Provision 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 Tax Provision Chart

Covestro AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -566.00 -411.00 -275.00 -245.00 -151.00

Covestro AG Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Tax Provision 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 -194.00 -51.00 -90.00 -61.00 -83.00
LTS:0RBE
64GF Score
Covestro AG LTS:0RBE
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Covestro AG Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-144 Mil.

* 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 Tax Provision →
What does a Tax Provision of €-144 Mil mean?
Covestro AG (LTS:0RBE) has a Tax Provision of €-144 Mil as of Jun. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Covestro AG and its competitors.
Is Covestro AG's Tax Provision too high?
Covestro AG's current Tax Provision is €-144 Mil. Overall, Covestro AG has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Covestro AG's Tax Provision compare to LIN and SHW?
Covestro AG's Tax Provision of €-144 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Chemicals company?
A good Tax Provision depends on the Chemicals industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Covestro AG and its competitors. Covestro AG's current Tax Provision is €-144 Mil. 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 (LTS:0RBE) has a current Tax Provision of €-144 Mil. The stock's GF Value™ is €48.28, compared to a current price of €59.83 — trading 23.9% above its estimated fair value. The current Tax Provision is €-144 Mil. Covestro AG's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Covestro AG (LTS:0RBE), the current Tax Provision is €-144 Mil as of Jun. 2026. 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 (LTS:0RBE) Overvalued in 2026?

Based on GuruFocus' analysis, Covestro AG stock appears to be overvalued. The current stock price of €59.83 is trading 23.9% above its estimated GF Value™ of €48.28.

Key valuation signals for LTS:0RBE:

  • Tax Provision: €-144 Mil
  • GF Value™: €48.28 vs. price of €59.83 (23.9% above fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the LTS:0RBE 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.
64GF Score

Get the complete analysis for LTS:0RBE

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

€59.83
Price
€48.28
GF Value