|CLS Overview
CLS

CELESTICA INC

Technology • CIK: 0001030894

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Market Cap
$28.48B
P/E (TTM)
39.8x
Rev Growth (TTM)
Net Margin (TTM)
6.4%
FCF Yield (TTM)
1.4%
FCF Margin (TTM)
3.5%

LATEST EARNINGS

Q4 2025
16 days ago
View source
Revenue
Net Income
EPS
  • Q4 2025 revenue of $3.65 billion increased 44% year-over-year, exceeding guidance.
  • Full year 2025 revenue reached $12.39 billion, a 28% increase compared to 2024.
  • Adjusted EPS (non-GAAP) for Q4 2025 was $1.89, exceeding the high end of guidance.
  • Full year 2025 adjusted EPS (non-GAAP) grew 56% year-over-year to $6.05.

Cash Flow Health

Free Cash Flow7/8 positive
TTM$398M
Q3 '25
$89M-26%
Q2 '25
$120M+28%
FCF Margin
TTM3.5%
Q3 '252.8%-33%
Sector: 14.5%Below Avg
OCF Margin4.9%
OCF/NI0.77x
CapEx Coverage3.6x
FCF Yield1.4%
FCF Growth (2Y)
Cash Conversion Cycle
86 days
DSO: 71+DIO: 68DPO: 53

Capital Allocation & Returns

Growth Focused
Total Shareholder YieldTTM
TTM0.5%
Div Yield0.0%
+
Buyback (TTM)0.5%

Prioritizing reinvestment over distributions

Dividend & Payout Metrics
Dividend Yield (TTM)0.0%
Free Cash Flow (TTM)$398.2M
Stock Repurchases (TTM)$143.2M
Capital Return / FCF36.0%
Est. Dividends Paid (TTM)$0
Shows how management rewards shareholders

Operational Efficiency & Returns

Return on Invested CapitalTTM
33.7%
P25MedianP75
75th pctl (med: 0.1%)
DuPont BreakdownROIC = Margin × Turn × (1+D/E)
NOPAT Margin
6.8%
Asset Turnover
1.85x
Leverage (1+D/E)
1.37x
D/E: 0.37x
DuPont: 17.2%33.7% ROIC
Asset & CapEx Efficiency
Fixed Asset Turn
20.82x
8Q:
Invested Cap Turn
4.98x
8Q:
CapEx Intensity
6.8%
8Q:
CapEx/Depreciation
0.95x
Asset-based ROIC formula

QUARTERLY TRENDS

Last 7 quarters + TTM

MetricTTMQ3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024
Revenue
$11.3B
$3.2B10.4%
$2.9B9.2%
$2.6B4.0%
$2.5B1.8%
$2.5B4.5%
$2.4B8.3%
$2.2B
Operating Income
$928.9M
$325.0M19.3%
$272.5M111.6%
$128.8M36.4%
$202.6M46.8%
$138.0M3.8%
$132.9M5.6%
$125.8M
Net Income
$716.7M
$267.8M26.9%
$211.0M144.8%
$86.2M43.2%
$151.7M69.5%
$89.5M5.8%
$95.0M3.5%
$91.8M
Operating Cash Flow
$552.3M
$126.2M17.2%
$152.4M17.0%
$130.3M9.1%
$143.4M16.8%
$122.8M23.3%
$99.6M7.9%
$108.1M
Free Cash Flow
$398.2M
$88.9M25.9%
$119.9M28.1%
$93.6M2.3%
$95.8M24.7%
$76.8M22.5%
$62.7M7.4%
$67.7M
Total Equity
N/A

Valuation Analysis

Fair Value
Price-to-EarningsTTM
39.8x
Valuation Lenses
Earnings
39.8x
vs sector
Cash Flow
1.2x
EV/FCF vs
Growth-Adj
PEG
N/A
Quality-Adj
1.2P/E per %ROIC
ROIC: 33.7%
Shareholder Returns
Dividend
Buyback
0.5%
Total Yield
0.5%
Market Cap$28.48B
EV
Multi-angle valuation analysis with sector context

Business Quality & Moat

Overall Quality Score
90/100
Exceptional

Composite score: Returns (40%) + Consistency (30%) + Earnings Quality (30%)

Returns on Capital

Return on Equity (ROE)Top 10%
40.0%
8Q:
Return on Invested Capital (ROIC)Top 25%
33.7%
8Q:
vs Sector:0.1%

DuPont Analysis (ROIC = NOPAT Margin × Asset Turnover)

NOPAT Margin: 6.8%
Asset Turnover: 1.85x

Earnings Quality

Cash Conversion

0.77x

OCF / Net Income

FCF Consistency

Positive quarters

Competitive Moat Indicators

Pricing Power

Gross Margin12.0%

Capital Efficiency

Invested Capital Turnover4.98x

Working Capital

Cash Conversion Cycle86 days

Growth Quality & Momentum

Growth Rates

Revenue Growth YoY
N/A
OpInc Growth YoY
135.5%
EPS Growth YoY
N/A
FCF 3Y CAGR
N/A

Margin Quality & Sustainability

Low Quality
Profitability Cascade
Gross
12.0%
Operating
8.2%
Below Avg in sector
Net
6.4%
Margins Unknown
Earnings Quality Signals
SBC / Revenue
FCF vs Net Gap
-2.8 pts
FCF: 3.5% | Net: 6.4%

Quality = stability + cash conversion + low dilution

Balance Sheet & Solvency

Adequate
Net Debt / EBITDA
Net Debt: $450.80M
Interest Coverage
Leverage Metrics
Debt-to-Equity
0.37x
Balance sheet risk & solvency analysis