Celestica Inc. (CLS) financials

NYSE · Technology · Hardware, Equipment & Parts · 23,803 employees · CEO Robert Andrew Mionis

Price: $265.53 -6.09%
Market cap: $33.5B
Enterprise value: $30.2B
Last report: Q3 '26 filed 2026-10-26
Next report: 2027-01-27 EPS est. $3.53

Revenue (TTM)$18.2B+61.6% vs a year agoLast 4 quarters; bars = each quarter

Operating margin (TTM)8.3%+0.1 pp vs a year agoOperating income $1.51B

Net income (TTM)$1.25B+78.0% vs a year agoAfter tax, incl. non-operating gains

Free cash flow (TTM)$545M+65.4% vs a year agoCapex $862M

Diluted EPS (TTM)$10.61+76.8% vs a year agoSum of the last 4 quarters

Net cash$3.14B+610.7% vs a year agoCash + short-term investments - debt

Valuation & key figures

Market cap: $33.5B
Revenue: $18.2B
Revenue growth: +70%
Profit margin: 6.8%
P/E: 24.6×
P/S: 1.8×
EV / EBITDA: 17.6×
Free cash flow: $545M
Net income: $1.25B
Revenue estimate: $21B
Earnings: 2027-01-27
Dividend: –

Key takeaways

Computed from the reported numbers - every statement carries the figure it rests on.

Last report (2026-10-26): revenue beat by 6.5%, EPS beat by 9.3%Revenue $5.75B vs $5.39B expected (+6.5%); EPS $3.30 vs $3.02 (+9.3%).
Revenue growth accelerating: 82.5% year on yearQ3 '26 revenue $5.83B, against an average of 46.6% over the four quarters before.
Operating margin 8.3% (TTM), +0.1 pp on a year agoOperating income grew 63.2% while revenue grew 61.6%.
Capex 4.7% of revenue (a year ago 1.4%)$862M invested in the last 4 quarters (+459.4% on a year earlier). Free cash flow $545M = 43.8% of net income.
Returned $96M to shareholders = 17.6% of free cash flowBuybacks $96M (a year earlier $143M), dividends $0, stock-based pay $84.1M (TTM).
Diluted share count up 5.1% in a year122M diluted shares in Q3 '26, 116M a year earlier.
Net cash $3.14BCash + short-term investments $3.96B, debt incl. leases $819M; a year ago net debt $615M.
CCS Segment: revenue +101.9%, margin 8.9% (was 8.3%)Fastest-growing reported segment in Q3 '26: operating income $433M on revenue $4.87B (from the segment note of the filing).

Last quarter: Q3 '26

Quarter ended 2026-09-30. Compared with the same quarter a year earlier and with the analyst consensus before the report.

Quarter vs a year ago

	Q3 '26	Year ago	Change
Revenue	$5.83B	$3.19B	+82.5%
Gross margin	11.0%	13.0%	-2.0 pp
Operating income	$460M	$330M	+39.4%
Operating margin	7.9%	10.3%	-2.4 pp
Net income	$397M	$268M	+48.3%
Diluted EPS	$3.26	$2.28	+43.0%
Operating cash flow	$390M	$126M	+208.8%
Capex	$274M	$37.3M	+634.9%
Free cash flow	$116M	$88.9M	+30.0%
R&D	$51.2M	$36.4M	+40.7%
Stock-based compensation	$21.3M	$15.6M	+36.5%

Reported vs consensus

2026-10-26

	Actual	Consensus	vs consensus
Revenue	$5.75B	$5.39B	+6.5%
EPS (as estimated)	$3.30	$3.02	+9.3%

From the report of 2026-10-26 for Q3 '26: revenue and the EPS analysts estimate (often adjusted), so it can differ from the EPS of the statements above.

EPS vs consensus

last 8 reports

Revenue

Where the money comes from - by business line and by region, quarter by quarter.

Revenue, operating income and growth

quarterly

Revenue by business line

stacked, quarterly

Segment	Q3 '26	y/y	Share	TTM	TTM y/y
CCS	–	–	–	–	–
ATS Segment	$957M	+22.6%	100.0%	–	–
ATS	–	–	–	–	–

Segment profits

Operating income per reported segment, read from the segment note of each 10-Q / 10-K (the profit split most data feeds leave out).

Segments in Q3 '26

Segment	Revenue	y/y	Operating income	y/y	Margin	Margin a year ago	TTM operating income
CCS Segment	$4.87B	+101.9%	$433M	+117.3%	8.9%	8.3%	$1.28B
ATS Segment	$957M	+22.6%	$62.9M	+47.0%	6.6%	5.5%	$209M

Operating income by segment

quarterly

Segment operating margin

quarterly

Fourth quarters are derived: the 10-K reports the full year, minus the three quarters of the 10-Qs.

Margins & cost structure

How much of each unit of revenue is left at each level - and where the costs go.

Margins

quarterly

Costs as % of revenue

quarterly

Cash flow & capital allocation

Cash generated, what it is spent on, and what reaches shareholders.

Operating cash flow, capex, free cash flow

quarterly

Uses of cash vs operating cash flow

fiscal years

Last 4 quarters

cash flow statement

Operating cash flow: $1.41B
Capex: -$862M
Buybacks: -$96M
Dividends: $0
Acquisitions: $48.8K
Net debt issued: -$3.7M
Stock-based compensation: $84.1M
Free cash flow: $545M
Returned to shareholders / FCF: 17.6%

Share count and EPS

quarterly, diluted

Balance sheet

Liquidity, investments and debt at each quarter end.

Cash, investments and debt

quarter ends

Valuation & returns

Today's multiples against the company's own last five fiscal years; analyst targets and ratings.

Multiples and returns

TTM vs 5 fiscal years

	Now	5y average	Where today sits in the 5-year range
P/E (TTM)	24.6×	20.3×	7.7× – 40.2×
EV / EBITDA	17.6×	12.4×	4.4× – 28.4×
EV / Sales	1.7×	1.0×	0.2× – 2.8×
Price / FCF	61.1×	29.9×	8.1× – 74.4×
Price / Book	5.1×	5.0×	0.8× – 15.4×
FCF yield	1.6%	5.9%	1.3% – 12.4%
Return on invested capital	17.5%	13.4%	5.2% – 27.3%
Return on equity	38.3%	18.4%	7.1% – 37.6%

Analysts

Consensus target $449.90 (+69.4%)
range $375.00 – $520.00 · rating Buy

Strong buy0

Buy19

Hold9

Sell0

Strong sell0

Outlook

Analyst consensus for the coming fiscal years and what it implies at today's price.

Consensus estimates

Fiscal year	Revenue	Growth	EPS	Growth	P/E at today's price	Analysts (EPS)
FY2026	$21B	+69.5%	$11.55	+58.4%	23.0×	10
FY2027	$39.6B	+88.7%	$21.98	+90.3%	12.1×	6
FY2028	$57.3B	+44.5%	$32.00	+45.6%	8.3×	6
FY2029	$70.1B	+22.4%	$39.51	+23.5%	6.7×	3
FY2030	$84.2B	+20.1%	$47.79	+21.0%	5.6×	2

Financial statements

Every line of the income statement, balance sheet and cash flow statement - 12 quarters and 10 fiscal years, as values, as % of revenue or as growth.

Income statementRevenue, costs, operating income, net income and EPSOpen Balance sheetCash, investments, assets, debt, liabilities and equityOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Every reported line

All 226 figures Celestica Inc. tagged in its recent 10-Q / 10-K filings, with the official SEC label and definition - including the notes (leases, taxes, buybacks, employees, ...).

Line (SEC label)	Latest quarter	Year ago	y/y	Latest FY	Prior FY	y/y
Accounts and Other Receivables, Net, Current	$3.76B	$2.44B	+54.3%	$2.64B	$2.07B	+27.5%
Accounts Payable, Current	$5.04B	$1.68B	+200.1%	$1.87B	$1.29B	+44.1%
Accounts Receivable, Allowance for Credit Loss, Current	$35.9M	$29.5M	+21.7%	$30.5M	$10.1M	+202.0%
Accounts Receivable, Credit Loss Expense (Reversal)	–	–	–	$18.2M	$2.8M	+550.0%
Accrued Income Taxes, Current	$143M	$122M	+17.1%	$151M	$93.5M	+61.2%
Accrued Liabilities, Current	$1.51B	–	–	–	–	–
Accumulated Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), after Tax	-$28.2M2025-12-31	-$25.9M	-8.9%	-$28.2M	-$25.9M	-8.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax	-$1.7M2025-12-31	-$17.6M	+90.3%	-$1.7M	-$17.6M	+90.3%
Additional Paid in Capital, Common Stock	$343M2025-12-31	$798M	-57.0%	$343M	$798M	-57.0%
Amortization of Intangible Assets	$10.5M	$11.4M	-7.9%	$45.6M	$43.5M	+4.8%
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	-$25.4M	$15.5M	-263.9%	-$154M	-$25.3M	-506.7%
Assets	$15.1B	$6.61B	+129.1%	$7.21B	$5.99B	+20.5%
Assets for Plan Benefits, Defined Benefit Plan	$9.7M2025-12-31	$10M	-3.0%	$9.7M	$10M	-3.0%
Assets, Current	$12.5B	$5.14B	+143.9%	$5.67B	$4.51B	+25.7%
Business Combination, Acquisition Related Costs	$0	$300K	-100.0%	$1.6M	$2.5M	-36.0%
Capital Expenditures Incurred but Not yet Paid	$238M	$24.4M	+876.6%	$59.4M	$29.7M	+100.0%
Cash	$574M2025-12-31	$415M	+38.2%	$574M	$415M	+38.2%
Cash and Cash Equivalents, at Carrying Value	$3.96B	$306M	+1,195.0%	$596M	$423M	+40.7%
Cash Equivalents, at Carrying Value	$21.4M2025-12-31	$7.9M	+170.9%	$21.4M	$7.9M	+170.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$3.96B	$306M	+1,195.0%	$596M	$423M	+40.7%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect	$3.43B	-$7.9M	+43,462.0%	$172M	$52.9M	+225.7%
Common Stock, Shares, Issued	115M2025-12-31	116M	-1.0%	115M	116M	-1.0%
Common Stock, Shares, Outstanding	115M2025-12-31	116M	-1.0%	115M	116M	-1.0%
Common Stock, Value, Issued	$1.62B2025-12-31	$1.63B	-0.8%	$1.62B	$1.63B	-0.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$406M	$255M	+59.1%	$848M	$411M	+106.6%
Contract with Customer, Asset, after Allowance for Credit Loss, Current	$417M	$304M	+37.4%	$296M	$238M	+24.5%
Contract with Customer, Liability, Current	$481M2026-06-30	$397M	+21.4%	$407M	$512M	-20.4%
Cost of Goods and Services Sold	$5.19B	$2.78B	+86.8%	$10.9B	$8.61B	+26.5%
Current Federal Tax Expense (Benefit)	–	–	–	$200K	–	–
Current Federal, State and Local, Tax Expense (Benefit)	–	–	–	$200K	$1.5M	-86.7%
Current Foreign Tax Expense (Benefit)	–	–	–	$219M	$135M	+62.6%
Current Income Tax Expense (Benefit)	$84.8M	$44.2M	+91.9%	$219M	$136M	+61.0%
Debt Issuance Costs, Noncurrent, Net	$2.3M2025-12-31	$3.3M	-30.3%	$2.3M	$3.3M	-30.3%
Deferred Federal, State and Local, Tax Expense (Benefit)	–	–	–	$0	$0	–
Deferred Foreign Income Tax Expense (Benefit)	–	–	–	-$68.4M	-$31.9M	-114.4%
Deferred Income Tax Assets, Net	$233M	$99.5M	+133.7%	$156M	$87.7M	+78.3%
Deferred Income Tax Expense (Benefit)	-$26.2M	-$1.1M	-2,281.8%	-$68.4M	-$31.9M	-114.4%
Deferred Income Tax Liabilities, Net	$39.9M	$45.1M	-11.5%	$41.2M	$49.4M	-16.6%
Deferred Income Taxes and Tax Credits	–	–	–	-$68.4M	-$31.9M	-114.4%
Deferred Tax Assets, Gross	$490M2025-12-31	$491M	-0.1%	$490M	$491M	-0.1%
Deferred Tax Assets, Net	$115M2025-12-31	$38.3M	+200.8%	$115M	$38.3M	+200.8%
Deferred Tax Assets, Net of Valuation Allowance	$137M2025-12-31	$105M	+30.7%	$137M	$105M	+30.7%
Deferred Tax Assets, Other	$77.8M2025-12-31	$60.8M	+28.0%	$77.8M	$60.8M	+28.0%
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits	$22.3M2025-12-31	$7.6M	+193.4%	$22.3M	$7.6M	+193.4%
Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals	$136M2025-12-31	$65.1M	+108.4%	$136M	$65.1M	+108.4%
Deferred Tax Assets, Valuation Allowance	$354M2025-12-31	$386M	-8.4%	$354M	$386M	-8.4%
Deferred Tax Liabilities, Gross	$21.6M2025-12-31	$66.4M	-67.5%	$21.6M	$66.4M	-67.5%
Deferred Tax Liabilities, Unrealized Currency Transaction Gains	$21.6M2025-12-31	$16.4M	+31.7%	$21.6M	$16.4M	+31.7%
Defined Benefit Plan, Amounts for Asset (Liability) Recognized in Statement of Financial Position	-$84.8M2025-12-31	-$77.8M	-9.0%	-$84.8M	-$77.8M	-9.0%
Defined Benefit Plan, Plan Assets, Actual Allocation, Percentage	100.0%2025-12-31	100.0%	0.0%	100.0%	100.0%	0.0%
Defined Benefit Plan, Plan Assets, Amount	$203M2025-12-31	$191M	+6.2%	$203M	$191M	+6.2%
Depreciation	–	–	–	$130M	$108M	+20.1%
Depreciation, Depletion and Amortization	$48.5M	$40.3M	+20.3%	$176M	$152M	+15.7%
Derivative Asset, Noncurrent	$400K2025-12-31	$0	–	$400K	$0	–
Derivative, Gain (Loss) on Derivative, Net	-$3.9M	$113M	-103.4%	$253M	$91M	+178.0%
Earnings Per Share, Basic	$3.30	$2.33	+41.6%	$7.22	$3.62	+99.4%
Earnings Per Share, Diluted	$3.26	$2.31	+41.1%	$7.16	$3.61	+98.3%
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount	–	–	–	$141M2024-12-31	$81.1M	+73.9%
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount	–	–	–	245,800,000 CAD	–	–
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	–	–	–	25.0%	26.5%	-5.7%

Source: SEC companyfacts (XBRL of every 10-Q / 10-K). Cash-flow quarters are derived from the year-to-date figures the 10-Q tags. Segment breakdowns are tagged with dimensions and are shown in the segment section instead.

Sources

Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31

Data as of 2026-11-02