Celestica Inc. (CLS) vs Qnity Electronics, Inc. (Q)

Q leads on 7 of 11 compared metrics, though CLS is the cheaper stock.

A side-by-side comparison of Celestica Inc. and Qnity Electronics, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 26, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare
Celestica Inc. logo
CLS
Celestica Inc.
$39.60B
$361.40Technology
Qnity Electronics, Inc. logo
Q
Qnity Electronics, Inc.
$33.08B
$167.49Technology

Total return — CLS vs Q

growth of $100 · last 1y
CLS +14.1%Q +65.5%Q compounded faster
100150Start $1002026$114$166
CLS Q

CLS vs Q: by the numbers

  • •CLS is the larger company ($39.60B vs $33.08B market cap).
  • •CLS trades at the lower earnings multiple (43.65 vs 53.86 P/E).
  • •Q converts more revenue to profit (13.13% vs 6.95% net margin).
  • •Q pays a dividend (0.19% yield) while CLS does not currently pay one.

Which is better, CLS or Q?

Metric tally: CLS 4 · Q 7

It depends on what you're optimizing for:

ValueCLS(lower P/E)
QualityCLS(higher ROIC)

Metrics side by side

Valuation

MetricCLSQ
P/E ratio43.65●53.86
Forward P/E36.4535.31●
P/S ratio3.03●7.11
P/B ratio20.414.90●
PEG ratio0.39—
EV / EBITDA33.4726.64●
FCF yield1.18%2.55%●

Profitability

MetricCLSQ
Gross margin11.61%41.97%●
Operating margin7.84%21.43%●
Net margin6.95%13.13%●
ROE46.86%●9.05%
ROIC27.74%●6.01%

Dividends

MetricCLSQ
Dividend yield—0.19%
Payout ratio—9.70%

Growth (annualized)

MetricCLSQ
Revenue CAGR (5Y)19.51%—
EPS CAGR (5Y)73.33%—
FCF CAGR (5Y)26.52%—
Total return CAGR (5Y)111.62%—

Frequently asked

Which is better, CLS or Q?
It depends on your goal. value: CLS (lower P/E); quality: CLS (higher ROIC). Across all compared metrics, Q leads 7 to 4.
Is CLS or Q cheaper?
On trailing earnings, CLS is cheaper: CLS trades at a 43.65 P/E and Q at 53.86.
Does CLS or Q pay a bigger dividend?
Q pays a dividend (0.19% yield) while CLS does not currently pay one.
Is CLS or Q more profitable?
Q runs the higher net margin — CLS at 6.95% versus Q at 13.13%.

Go deeper

Full CLS analysisFull Q analysisInteractive comparison tool

Dig into the metrics

Celestica P/E ratioQnity Electronics P/E ratioCelestica dividend yieldQnity Electronics dividend yieldCelestica ROEQnity Electronics ROECelestica operating marginQnity Electronics operating marginCelestica revenue growthQnity Electronics revenue growthCelestica free cash flowQnity Electronics free cash flow

Celestica & Qnity Electronics appear in these rankings

Fastest Revenue Growth StocksHighest ROE StocksHighest ROIC StocksBest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 26, 2026.