Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Clariant AG is a Switzerland-based specialty chemicals company founded in 1886 and headquartered in Muttenz. It develops, manufactures, and distributes innovative, sustainable solutions across three core business units: Care Chemicals, Adsorbents & Additives, and Catalysts. Care Chemicals serves personal and home care, crop solutions, industrial applications, oil services, mining, coatings, adhesives, agriculture, and food sectors. The Adsorbents & Additives unit provides solutions for coatings, adhesives, polymers, electronics, automotive, building, construction, aviation, and more. Catalysts focus on propylene, ethylene, syngas, fuels, and specialty processes for petrochemical plants. With 10,465 employees across 71 production sites worldwide, Clariant emphasizes energy efficiency, renewable materials, emission-free mobility, and resource conservation. Guided by its purpose 'Greater chemistry – between people and planet,' the company drives sustainability through R&D, responsible sourcing like sustainable palm oil derivatives, and a customer-centric innovation pipeline, enabling high-margin growth in fast-evolving markets.
Operating margin is thin at 7.94%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 5.7% YoY. The question is whether this is cyclical or a structural shift.
ROIC dropped from 7.36% to 3.61%, capital efficiency is deteriorating. Net debt of CHF 1.34B represents 4.9x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
CHF 3.92B
▼ -5.7% YoY
Net Income (TTM)
-CHF 41M
▼ -114.6% YoY
Op. Margin
7.94%
▼ -1.3pp YoY
ROIC
3.61%
▼ -3.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
CHF 273M
▲ +30.6% YoY
Op. Cash Flow (TTM)
CHF 381M
▲ +44.3% YoY
Net Debt
CHF 1.34B
Cash & Equiv.
CHF 688M
3Y CAGR: -9.0%
3Y CAGR: -2.0%
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