What is Celestica's asset turnover?

Celestica (CLS) reported asset turnover of 2× in Q1 2026.

What does asset turnover mean?

How many sales dollars the company generates from each dollar of assets.

How do you interpret asset turnover?

Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.

How does asset turnover compare across companies?

Compare within an industry — turnover differences across sectors reflect business models, not performance.

Celestica CLS Asset turnover

Asset turnover at other companies

Flex Ltd.FLEX

1.4×0.0×

JabilJBL

1.6×0.0×

TD SYNNEXSNX

2×0.0×

Credo Technology Group Holding LtdCRDO

0.9×+0.2×

Astera Labs, Inc.ALAB

0.7×+0.2×

Lumentum Holdings Inc.LITE

0.5×+0.1×

Other financials

Income statement

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Revenue$4.0B+52.8%

Gross profit$437.2M+59.6%

Operating income$272.1M+111%

Net income$212.3M+146%

EPS (diluted)$1.83+147%

Balance sheet

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Cash & equivalents$378.0M+24.8%

Total debt$998.2M-12.3%

Total equity$2.1B+34.8%

Total assets$8.3B+41.6%

Cash flow

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Operating cash flow$356.3M+173%

CapEx$229.5M+525%

Free cash flow$126.8M+35.5%

Valuation

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Market cap$43.73B+254%

Enterprise value$44.35B+231%

P/E45.6×+16.4×

P/S3.2×+1.9×

Profitability

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Gross margin12%+1.3pp

Operating margin8.6%+2.6pp

Net margin7%+2.8pp

Returns & leverage

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Return on equity52.5%+26.6pp

Debt / equity0.5×-0.3×

Current ratio1.3×-0.2×

Where this comes from

Calculated from Celestica’s reported figures.

total revenue/total assets=2×

Based on trailing twelve months.

The official record: Celestica’s 10-Q, filed April 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Celestica's asset turnover?: Celestica (CLS) reported asset turnover of 2× in Q1 2026.
What does asset turnover mean?: How many sales dollars the company generates from each dollar of assets.
How do you interpret asset turnover?: Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
How does asset turnover compare across companies?: Compare within an industry — turnover differences across sectors reflect business models, not performance.