Covestro Overview

  • Founded
  • 2015
Founded
  • Status
  • Public
  • Employees
  • 17,909
Employees
  • Stock Symbol
  • 1COV
Stock Symbol
  • Investments
  • 18
  • Share Price
  • $43.81
  • (As of Monday Closing)

Covestro General Information

Description

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 specialty 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.

Contact Information

Website
www.covestro.com
Formerly Known As
Bayer MaterialScience
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Specialty Chemicals
Stock Exchange
FRA
Primary Office
  • Kaiser-Wilhelm-Allee 60
  • 51373 Leverkusen
  • Germany
+49 0214 00000000

Covestro Timeline

2019202020212022
Financing RoundCaptured Employee CountEstimated Employee Growth
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Covestro Stock Performance

(As of Monday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$43.81 $47.03 $42.97 - $73.01 $9.1B 193M 4.19K $9.90

Covestro Financials Summary

In Thousands,
USD 		TTM 31-Dec-2021 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
EV 13,347,322 13,347,322 13,476,757 10,045,073
Revenue 18,802,095 18,802,095 12,203,908 13,894,548
EBITDA 3,622,563 3,622,563 1,632,355 1,774,320
Net Income 1,910,595 1,910,595 523,220 617,934
Total Assets 17,629,809 17,629,809 15,896,092 12,902,142
Total Debt 2,862,254 2,862,254 3,553,374 1,951,340
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Covestro Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Covestro Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Covestro, formerly Bayer Material Science, was spun off from the Bayer Group in 2015. The firm is a market leader in pol
Specialty Chemicals
Leverkusen, Germany
17,909 As of 2021
00.000
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000000000 000000000
The Woodlands, TX
0000 As of 0000
00.000
000000000 00.000

0. 0. 00

illum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa
000000000 000000000
Columbia, MD
0000 As of 0000
00 0000-00-00
000000&0
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Covestro Competitors (26)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Huntsman Formerly PE-Backed The Woodlands, TX 0000 00.000 000000000 00.000
0. 0. 00000 & 0000 Corporate Backed or Acquired Columbia, MD 0000 000000&0
000000 000000000 Corporate Backed or Acquired Beachwood, OH 0000 00.00 000000&0 00.00
000 0000000000 Corporation Pittsburgh, PA 00000 00000 000000000 00000
0000000 0000000000 Corporation Cologne, Germany 00000 00.000 00000000000 00.000
You’re viewing 5 of 26 competitors. Get the full list »

Covestro Patents

  • 10,012

    Total Documents Applications and Grants

  • 000

    Total Patents Families

  • 767

    Granted

  • 216

    Pending

  • 000

    Expiring in next 12 mo

Covestro Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
DE-202021001866-U1 Tool for loosening a plug connection Active 26-May-2021 000000000 0
EP-3910025-A1 Method for manufacturing thermoplastic polyurethanes Pending 12-May-2020 000000000 00
EP-3910025-A4 Method for manufacturing thermoplastic polyurethanes Pending 12-May-2020 000000000
EP-3904855-A4 Flexible pressure sensor and method for preparing the same Pending 29-Apr-2020 000000000
EP-3904855-A1 Flexible pressure sensor and method for preparing the same Pending 29-Apr-2020 G01L1/142 0
To view Covestro’s complete patent history, request access »

Covestro Executive Team (14)

Name Title Board Seat Contact Info
Markus Steilemann Ph.D Board Member & Chief Executive Officer
Thomas Toepfer Ph.D Chief Financial Officer, Labor Director & Board Member
Klaus Schäfer Ph.D Chief Technology Officer & Board Member
Gesa Behnken Business Unit Coatings, Adhesives & Specialities: Business Planning & Strategy - M&A Projects
Sucheta Govil Chief Commercial Officer
You’re viewing 5 of 14 executive team members. Get the full list »

Covestro Board Members (16)

Name Representing Role Since
000000000 000000000000 Self Member of the Supervisory Board 000 0000
0000000000 00000000 Covestro Board Member 000 0000
00000 00000 Covestro Board Member 000 0000
00000 0000000 Covestro Board Member 000 0000
00000 000ä000 00.0 Covestro Chief Technology Officer & Board Member 000 0000
You’re viewing 5 of 16 board members. Get the full list »

Covestro Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Covestro Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Covestro Investments & Acquisitions (18)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00 0000 29-Sep-2021 00000 0000 0000 Business/Productivity Software 00000000
00000000000 0 01-Apr-2021 0000000000 00.000 Specialty Chemicals 000000 00
0000000000 29-Sep-2020 00000 0000 00.00 Industrial Supplies and Parts
00000 0000000 27-Feb-2020 00000 0000 00.000 Specialty Chemicals 00000000
Hydrogenious LOHC Technologies 31-Jul-2019 Later Stage VC 000.00 Energy Storage
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Covestro Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000000000 29-Sep-2020 00000 00000 00 00.00 Completed
  • 7 buyers
Pearl Polyurethane Systems 01-Jan-2006 Joint Venture Completed
  • 2 buyers
To view Covestro’s complete exits history, request access »