Is the business good?
How good a business is CLS?
Celestica Inc. earns 38% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
38%
Return on invested capital · cost of capital 9.0% · 29 points above what the capital costs: growth creates value
- Operating margin
- 8.6%
Operating margin · Electronic Components median 9.6% · 12 months to Q1 2026
- Cash conversion
- 0.51×
Cash conversion · 0.78× a year ago · some of the reported profit has not turned into cash yet
- Share count, year on year
- −1.0%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2022 | 4.0% |
| FY2023 | 4.3% |
| FY2024 | 6.2% |
| FY2025 | 8.4% |
Details›
- Gross margin12 months to Q1 2026
- 12%
- Operating margin12 months to Q1 2026
- 8.6%
- Net margin12 months to Q1 2026
- 7.0%
- Free cash flow margin
- 3.6%
- R&D as % of revenue
- 1.0%
- Revenue, trailing twelve months
- $13.8B
- Free cash flow, trailing twelve months
- $492M
- Net income, trailing twelve months
- $959M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 38%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Electronic Components
Ranks #8 of 23 by Smart Score