Celestica (CLS) Stock Analysis

November 11, 2026

This is a peer-relative look at Celestica (CLS): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Technology Hardware & Equipment peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for Celestica (CLS)
Profile Item	CLS
Name	Celestica Inc.
Country/Region	Canada
GICS Sector	Information Technology
GICS Industry Group	Technology Hardware & Equipment
GICS Industry	Electronic Equipment, Instruments & Components
GICS Sub-Industry	Electronic Manufacturing Services
Market Capitalization	26.06 billion USD
Currency	USD
Exchange	NYSE
Listing Date	June 30, 1998
Security Type	Common Stock

Price Performance

Cumulative Growth

CLS

GSPC

Celestica (CLS) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for Celestica (CLS) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for Celestica (CLS) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Celestica (CLS) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: CLS	Industry group median
Total Return (1Y)	-30.98%	19.81%
Total Return (3Y, Annualized)	108.72%	26.50%
Total Return (5Y, Annualized)	80.82%	9.52%

Risk Profile

Drawdown History

CLS

GSPC

Celestica (CLS) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for Celestica (CLS) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Celestica (CLS) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: CLS	Industry group median
Volatility (1Y, Annualized)	80.89%	55.75%
Beta (5Y)	2.16	1.39
Max Drawdown (5Y)	-56.47%	-58.83%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. CLS is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Celestica (CLS) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: CLS	Industry group median
Sharpe Ratio (1Y)	-0.44	0.28
Sortino Ratio (1Y)	-0.59	0.40

Profitability

ROE (TTM)

Celestica (CLS) posts ROE of 30.23%, in the upper peer quartile. That suggests the company earns more from each dollar of shareholders’ equity than most industry peers, a useful capital-efficiency signal.

CLS

Technology Hardware & Equipment industry group

30.23%

Group distribution

Max: 42.47%
CLS: 30.23%
Q3: 19.13%
Median: 11.00%
Q1: 1.63%
Min: -20.62%

Largest peers

AAPL: 142.26%
SNDK: 141.17%
APH: 40.08%
ANET: 33.52%
CLS: 30.23%
CSCO: 27.32%
DELL: --

Where Celestica (CLS) stands on ROE within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

Celestica (CLS) keeps 6.83% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.

CLS

Technology Hardware & Equipment industry group

6.83%

Group distribution

Max: 27.60%
Q3: 11.66%
CLS: 6.83%
Median: 4.08%
Q1: 0.00%
Min: -11.02%

Largest peers

SNDK: 67.04%
ANET: 39.97%
AAPL: 27.60%
CSCO: 20.95%
APH: 17.95%
DELL: 7.53%
CLS: 6.83%

Where Celestica (CLS) stands on net margin within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

Celestica (CLS) turns 7.91% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

CLS

Technology Hardware & Equipment industry group

7.91%

Group distribution

Max: 36.27%
Q3: 18.36%
Median: 8.84%
CLS: 7.91%
Q1: 1.46%
Min: -21.39%

Largest peers

SNDK: 79.59%
ANET: 44.90%
AAPL: 31.13%
APH: 29.68%
CSCO: 27.72%
DELL: 12.02%
CLS: 7.91%

Where Celestica (CLS) stands on operating margin within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Celestica (CLS) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: CLS	Industry group median
ROE (TTM)	30.23%	11.00%
ROA (TTM)	8.72%	4.78%
Net Margin (TTM)	6.83%	4.08%
Operating Margin (TTM)	7.91%	8.84%
Gross Margin (TTM)	11.46%	39.87%

Growth

Revenue Growth

Celestica (CLS) grew revenue 28.46%, in the upper peer quartile. The top line is expanding faster than at most industry peers, which points to share gains or stronger pricing.

Celestica (CLS): Revenue Growth across different time periods, set against Technology Hardware & Equipment industry-group medians.

EPS Growth

Celestica (CLS) grew earnings per share 98.34%, in the upper peer quartile. Per-share profits are compounding faster than at most industry peers.

Celestica (CLS): EPS Growth across different time periods, set against Technology Hardware & Equipment industry-group medians.

Growth Metrics

Celestica (CLS) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: CLS	Industry group median
Revenue Growth (YoY)	28.46%	10.87%
Revenue Growth (3Y CAGR)	19.56%	2.79%
EPS Growth (YoY)	98.34%	14.29%
EPS Growth (3Y CAGR)	82.39%	3.49%

Financial Strength

Current Ratio (MRQ)

Celestica (CLS) has current ratio of 1.61, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.

CLS

Technology Hardware & Equipment industry group

1.61

Group distribution

Max: 5.34
Q3: 3.02
Median: 1.95
CLS: 1.61
Q1: 1.32
Min: 0.17

Largest peers

ANET: 3.29
SNDK: 2.58
APH: 1.94
CLS: 1.61
AAPL: 1.02
DELL: 0.96
CSCO: 0.93

Where Celestica (CLS) stands on current ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

Celestica (CLS) has debt-to-equity ratio of 0.17, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

CLS

Technology Hardware & Equipment industry group

0.17

Group distribution

Max: 1.76
Q3: 0.78
Median: 0.24
CLS: 0.17
Q1: 0.04
Min: 0.01

Largest peers

APH: 1.03
AAPL: 0.84
CSCO: 0.62
CLS: 0.17
SNDK: 0.01
ANET: --
DELL: --

Where Celestica (CLS) stands on debt-to-equity ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

Celestica (CLS) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: CLS	Industry group median
Current Ratio (MRQ)	1.61	1.95
Debt / Equity (MRQ)	0.17	0.24
Net Debt / EBITDA	-1.72	0.16

Dividends

Dividend Yield (TTM)

Celestica (CLS) pays no dividend, leaving dividend yield at 0.00% this period. Shareholders may still receive value through reinvestment or buybacks, but there is no dividend income to compare here.

CLS

Technology Hardware & Equipment industry group

0.00%

Group distribution

Max: 0.73%
Q3: 0.31%
CLS: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

CSCO: 1.73%
DELL: 0.73%
APH: 0.70%
AAPL: 0.31%
CLS: 0.00%
ANET: 0.00%
SNDK: 0.00%

Where Celestica (CLS) stands on dividend yield within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Celestica (CLS) paid no earnings out as dividends this period, leaving payout ratio at 0.00%. There is no dividend payout to size against earnings.

CLS

Technology Hardware & Equipment industry group

0.00%

Group distribution

Max: 32.27%
Q3: 14.48%
CLS: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

CSCO: 49.85%
APH: 21.74%
DELL: 13.43%
AAPL: 11.80%
CLS: 0.00%
ANET: 0.00%
SNDK: 0.00%

Where Celestica (CLS) stands on payout ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Celestica (CLS) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: CLS	Industry group median
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

Celestica (CLS) trades at P/E ratio of 19.50, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

CLS

Technology Hardware & Equipment industry group

19.50

Group distribution

Max: 69.48
Q3: 41.02
Median: 26.39
CLS: 19.50
Q1: 19.36
Min: 6.07

Largest peers

ANET: 45.79
AAPL: 38.13
APH: 32.43
CSCO: 28.18
CLS: 19.50
DELL: 19.10
SNDK: 6.67

Where Celestica (CLS) stands on P/E ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Celestica (CLS) trades at 1.43 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.

CLS

Technology Hardware & Equipment industry group

1.43

Group distribution

Max: 11.30
Q3: 5.82
Median: 2.56
CLS: 1.43
Q1: 1.05
Min: 0.00

Largest peers

ANET: 18.15
AAPL: 10.39
CSCO: 5.84
APH: 5.57
SNDK: 4.10
CLS: 1.43
DELL: 1.38

Where Celestica (CLS) stands on P/S ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Celestica (CLS) trades at 4.19 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

CLS

Technology Hardware & Equipment industry group

4.19

Group distribution

Max: 10.75
Q3: 5.52
CLS: 4.19
Median: 3.17
Q1: 1.79
Min: 0.33

Largest peers

AAPL: 44.39
ANET: 13.12
APH: 10.75
CSCO: 7.36
SNDK: 6.63
CLS: 4.19
DELL: -147.32

Where Celestica (CLS) stands on P/B ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Celestica (CLS) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: CLS	Industry group median
P/E Ratio (TTM)	19.50	26.39
P/S Ratio (TTM)	1.43	2.56
P/B Ratio (MRQ)	4.19	3.17
Free Cash Flow Yield (TTM)	3.08%	2.83%