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Celestica CLS Interest coverage

Interest coverage at other companies

Flex Ltd. logo
Flex Ltd.FLEX
6.4×+1.0×
Lumentum Holdings Inc. logo
Lumentum Holdings Inc.LITE
10×+6.4×
Ciena logo
CienaCIEN
5.9×+3.8×
Keysight Technologies logo
Keysight TechnologiesKEYS
10.1×-0.2×
Coherent logo
CoherentCOHR
1.6×+1.4×
Super Micro Computer, Inc. logo
Super Micro Computer, Inc.SMCI
11×-21.5×

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.

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 interest coverage?
Celestica (CLS) reported interest coverage of 21.6× in Q1 2026.
How has Celestica's interest coverage changed year-over-year?
Celestica's interest coverage increased by 85.5% year-over-year, from 11.6× to 21.6×.
What is the long-term trend for Celestica's interest coverage?
Over 2 years (2023 to 2025), Celestica's interest coverage has grown at a 84.7% compound annual growth rate (CAGR), from 18.8× to 64.1×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.