Covestro AG

Frankfurt Stock Exchange 1COV.F

Covestro AG Goodwill for the year ending December 31, 2023: USD 784.77 M

Covestro AG Goodwill is USD 784.77 M for the year ending December 31, 2023, a 0.61% change year over year. Goodwill is the value attributed to intangible assets, such as brand reputation or customer relationships, acquired in a business combination.
  • Covestro AG Goodwill for the year ending December 31, 2022 was USD 779.99 M, a -9.49% change year over year.
  • Covestro AG Goodwill for the year ending December 31, 2021 was USD 861.73 M, a 176.64% change year over year.
  • Covestro AG Goodwill for the year ending December 31, 2020 was USD 311.50 M, a 5.14% change year over year.
  • Covestro AG Goodwill for the year ending December 31, 2019 was USD 296.27 M, a 1.12% change year over year.
Key data
Date Goodwill Total Assets Current Liabilities Total Non-Current Liabilities
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SV Wall Street
Frankfurt Stock Exchange: 1COV.F

Covestro AG

CEO Dr. Markus Steilemann Ph.D.
IPO Date Oct. 6, 2015
Location Germany
Headquarters Kaiser-Wilhelm-Allee 60
Employees 17,545
Sector Materials
Industries
Description

Covestro AG supplies high-tech polymer materials and related application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications. The Solutions & Specialties segment comprises a range of polymer products, including precursors for coatings and adhesives, polycarbonates, MDI specialties and polyols, specialty films, elastomers, and thermoplastic polyurethanes that are used in automotive and transportation, electrical, electronics and household appliances, construction, and healthcare industries, as well as composite resins for wind turbine, rotor blades, laptop cases, and floodlights. The company markets its products through trading houses and distributors. It operates in Europe, the Middle East, Africa, Latin America, the United States, Canada, and the People's Republic of China. The company was founded in 1863 and is headquartered in Leverkusen, Germany.

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StockViz Staff

February 6, 2025

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