Frankfurt Stock Exchange: 1COV

How many employees work at Covestro?

Covestro AG (1COV) has approximately 17,544 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Covestro’s total headcount has grown 1.3% from 17,316 employees in 2023 to 17,544 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published August 2026

Is Covestro hiring right now?

Yes, Covestro is actively hiring. Covestro had 189 active job postings in 2026, a 38.5% decline from 2025 — see job openings & hiring trends.

About Covestro’s Workforce

Covestro AG (1COV) is a Materials Manufacturing company that employs 17,544 people worldwide as of March 2026. It is the 5th-largest by headcount among its peers. Founded in 1863, the company is headquartered in Leverkusen, Germany and trades on the Frankfurt Stock Exchange.

Covestro's workforce has grown 1.3% from 2023 to 2026, though it is down 1.6% year over year in 2026. It fell to a low of 17,305 in 2023 Q3 before recovering. Its workforce is concentrated most in Western Europe (42.9%), followed by East Asia (23.0%) and North America (14.7%).

Covestro's functional groups are Finance and Operations (44.5%), Engineering (30.4%), and Sales and Marketing (25.0%). The average salary is $82,276, ranging from a median of $111,000 in North America to $17,000 in South Asia.

Covestro's active job postings fell 38.5% in 2026 to 189, with new postings per month cooling from 258 in 2023 to 81 in 2026. Overall employee sentiment is neutral but improving.

Sourced from Revelio Labs workforce data.

Ticker
Frankfurt Stock Exchange: 1COV
Headquarters
Leverkusen, Germany
Founded
1863
Industry
Materials Manufacturing
Employees
17,544
YoY
-1.6% (-268)

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Covestro Annual Employee Count (2023-2026)

Interactive chart of Covestro annual worldwide employee count from 2023 to 2026.
  • Covestro had 17,544 employees in 2026, a 1.6% decline (-268) from 2025.
  • Covestro had 17,681 employees in 2025, a 0.7% decline (+25) from 2024.
  • Covestro had 17,656 employees in 2024, a 0.8% increase (+306) from 2023.
  • Covestro had 17,350 employees in 2023, a 0.3% increase (-41) from 2022.

Covestro's total workforce has grown from 17,316 employees in 2023 to 17,544 in 2026.

Covestro AG quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q117,544-268-1.6%
2025Q417,681+25-0.7%
2025Q317,766+203-0.4%
2025Q217,829+312+0.5%
2025Q117,812+503+1.4%
2024Q417,656+306+0.8%
2024Q317,563+258+0.9%
2024Q217,517+201+0.8%
2024Q117,309+85+0.5%
2023Q417,350-41+0.3%
2023Q317,305-202-0.2%
2023Q217,316-128+0.0%

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Covestro Employee Count by Region (2026)

Western Europe accounts for the largest share of Covestro's global workforce with approximately 43% of total employees, followed by East Asia and North America.

Covestro employees by region

RegionEmployees% of Total
Western Europe7,46342.9%
East Asia4,00423.0%
North America2,55314.7%
Southern Europe9485.4%
South Asia7074.1%
Southeast Asia5983.4%
Eastern Europe5082.9%
Central America and the Caribbean3341.9%
South America1871.1%
Northern Europe310.2%

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Covestro Employee Count by Department (2026)

Covestro's employee groups are Finance and Operations (44.5%), Engineering (30.4%), and Sales and Marketing (25.0%).

Covestro employees by department

DepartmentEmployees% of Total
Finance and Operations7,78344.5%
Engineering5,31630.4%
Sales and Marketing4,37525.0%

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Covestro Employee Salary by Region (2026)

Covestro's average employee salary is $82,276 globally. Employees in North America receive the highest compensation, with median pay approximately 1.3x the global average. Pay is lowest in South Asia, at a median of $17,000.

Covestro median employee salary by region (USD)

RegionMedian Salary
Pacific Islands$121,000
North America$111,000
Northern Europe$96,000
Western Europe$88,000
Arab States$75,000
East Asia$57,000
Southern Europe$48,000
Central and Western Asia$47,000
Eastern Europe$39,000
Southeast Asia$30,000
Central America and the Caribbean$27,000
Sub-Saharan Africa$18,000
South Asia$17,000
South America$14,000

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Covestro Job Openings and Hiring Trends (2023-2026)

Interactive chart of Covestro annual active job postings from 2023 to 2026.
  • Covestro had 189 active job postings in 2026, a 38.5% decline (+37) from 2025.
  • Covestro had 152 active job postings in 2025, a 69.5% decline (-162) from 2024.
  • Covestro had 314 active job postings in 2024, a 6.6% increase (+20) from 2023.
  • Covestro had 294 active job postings in 2023, a 1.7% increase from 2022.
  • Hiring velocity in 2026: 81 new roles/month, down from 131 in 2025 and 227 in 2024.

Covestro's hiring is slowing: active job postings fell 38.5% in 2026 to 189, with new postings per month cooling from 258 in 2023 to 81 in 2026.

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Covestro Employee Sentiment (2026)

Revelio Labs tracks employee sentiment across Covestro's workforce based on public professional data. Overall sentiment is neutral and has improved year over year in 2026.

Overall

NegativePositive

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Frequently Asked Questions About Covestro

How fast is Covestro growing?
In 2026, Covestro's headcount shrank 1.6% to 17,544 employees, down from 17,812 in 2025.
See the full headcount history
Where are Covestro employees located?
Most Covestro employees are based in Western Europe (42.9% of headcount), followed by East Asia and North America.
Explore where the workforce is based
What is the average salary at Covestro?
The average employee salary at Covestro is approximately $82.3k per year.
Analyze the salary distribution
How many new job postings does Covestro open per year?
In Q1 2026, Covestro opened 243 new job postings. In 2025, Covestro opened 1,576 new job postings — about 131 per month.
Track hiring trends by role
When was Covestro founded and where is it headquartered?
Covestro was founded in 1863 and is headquartered in Leverkusen, Germany.
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