Covestro AG

Covestro AG

COVTY

$33.95

Updated: 24/09/2026, 17:09:54

Market Cap
$14.10B
Sector
Basic Materials
Industry
Chemicals - Specialty
Country
DE
Stock valuation chart
One-year closing share-price history for COVTY
Company Profile

Covestro AG, a German company established in Leverkusen in 1863, specializes in providing cutting-edge polymer materials along with associated application solutions. Its operations are structured into two principal divisions: 1. Performance Materials: This segment is dedicated to the creation, production, and supply of premium materials, including polyurethanes and polycarbonates. It also offers fundamental chemicals such as diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins. These substances are vital for various industries, including furniture manufacturing, wood processing, construction, and the automotive and transportation sectors. Their applications range from roof structures and insulation for buildings and refrigerators to mattresses and car seats. 2. Solutions & Specialties: This division encompasses a diverse portfolio of polymer products. These include precursors used in coatings and adhesives, specialized polycarbonates, MDI derivatives, various polyols, unique films, elastomers, and thermoplastic polyurethanes. These materials cater to demanding industries like automotive, transportation, electrical, electronics, household appliances, construction, and healthcare. Furthermore, they are incorporated into composite resins for items such as wind turbine rotor blades, laptop casings, and floodlights. Covestro distributes its products globally via trading houses and a network of distributors. The company maintains a significant presence across Europe, the Middle East, Africa, Latin America, the United States, Canada, and the People's Republic of China.

USD
OTC
CEO: Markus Steilemann
Employees: 17,598
https://www.covestro.com
Asset Summaries
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Detailed business
Structured knowledge from the latest official annual filing.
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Full company information
Latest profile, trading, valuation, and identifier data stored for COVTY.
Share price
$33.95
Market cap
$14.10B
Exchange
OTC
Currency
USD
CEO
Markus Steilemann
Employees
17,598
IPO date
22/03/2016
Beta
0.966
Last dividend
$0.00
Day range
$33.50 – $35.11
52-week range
$31.99 – $36.60
1-day performance
-0.07%
1-year performance
6.13%
Current drawdown (1Y)
-7.24%
CIK
N/A
CUSIP
22304D207
ISIN
US22304D2071
Created
07/12/2025, 03:24:52
Last update
24/09/2026, 17:09:54

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