Huntsman Earnings Reports

Huntsman Corporation posted Q4 2024 revenue growth of 3.49% year-over-year, reaching $1.45 billion. However, the company reported a net loss of $141 million and an adjusted EBITDA of $71 million. Volume improvements were seen across segments, but margin pressures and restructuring costs impacted overall profitability.

Huntsman Corporation reported third quarter 2024 results with revenues of $1,540 million, a net loss attributable to Huntsman of $33 million, adjusted net income attributable to Huntsman of $17 million and adjusted EBITDA of $131 million.

Huntsman Corporation reported second quarter 2024 results with revenues of $1,574 million, net income attributable to Huntsman of $22 million, and adjusted EBITDA of $131 million. Sales volumes improved 9% year over year. The company expects growth comparisons to continue to be favorable in the second half of the year.

Huntsman Corporation reported first quarter 2024 revenues of $1,470 million, a net loss attributable to Huntsman of $37 million, and an adjusted EBITDA of $81 million. The company saw sequential improvement compared to the fourth quarter due to higher sales volumes and improved margins. While demand and margins in Polyurethanes remain below historical averages, Huntsman expects improvement as key markets recover.

Huntsman Corporation reported fourth quarter 2023 results with revenues of $1,403 million, a net loss of $71 million, an adjusted net loss of $36 million, and an adjusted EBITDA of $44 million. The company saw a moderate improvement in early 2024 from the lows of Q4 2023.

Huntsman Corporation reported Q3 2023 results with revenues of $1,506 million and net income of $0 million. The company faced challenges due to weak demand, pricing pressure, and customer inventory management. Despite these challenges, Huntsman maintains financial discipline, returning cash to shareholders and investing in strategic projects.

Huntsman Corporation reported second quarter 2023 results with revenues of $1,596 million, net income attributable to Huntsman of $19 million, adjusted net income attributable to Huntsman of $39 million and adjusted EBITDA of $156 million. Business activity in core regions remained under pressure, although demand fundamentals stabilized at a lower level than the prior year. The company continued to drive efficiencies in its cost structure.

Huntsman Corporation reported first quarter 2023 revenues of $1,606 million, net income attributable to Huntsman of $153 million, adjusted net income of $37 million and adjusted EBITDA of $136 million. The company saw quarter-over-quarter improvement in all three business segments, with sequential improvements in China and Europe.

Huntsman Corporation reported fourth quarter 2022 results with revenues of $1,650 million, a net loss of $91 million, adjusted net income of $8 million and adjusted EBITDA of $87 million. The company delivered almost $1.2 billion of adjusted EBITDA and Free Cash Flow of over $600 million in 2022, returning approximately $1.2 billion to shareholders through increased dividends and buybacks.

Huntsman Corporation reported third quarter 2022 results with revenues of $2,011 million, net income of $115 million, adjusted net income of $141 million and adjusted EBITDA of $271 million. The company has repurchased more than $750 million of Huntsman stock this year and is tracking towards its previously announced target of $1 billion for the full year. Cost reduction plans continue to move apace and have already reached an annual run rate of approximately $160 million of the $240 million expected to be achieved by the end of 2023.

Huntsman Corporation reported positive Q2 2022 results, with EBITDA margins exceeding 18% due to value over volume strategy, improved pricing, and solid cost control. The company repurchased approximately $500 million in shares in the first six months of the year and maintains a strong balance sheet with a net leverage ratio of 0.6x.

Huntsman Corporation reported Q1 2022 results with revenues of $2,389 million, net income of $240 million, adjusted net income of $256 million and adjusted EBITDA of $415 million. The company focused on value over volume strategy and delivered on pricing, expanding margins despite raw material cost pressures. The Board increased the dividend 13% in the first quarter and doubled the share repurchase authorization to $2 billion.

Huntsman Corporation reported fourth quarter 2021 results with revenues of $2,307 million, net income of $607 million, adjusted net income of $207 million and adjusted EBITDA of $349 million. The company concluded 2021 with its best year with the current portfolio of businesses. They repurchased over $200 million of shares in the second half of the year and announced a 13% increase to the quarterly dividend.

Huntsman Corporation reported strong third quarter 2021 results with revenues of $2,285 million, net income of $225 million, and adjusted EBITDA of $371 million. The company benefited from strong pent-up demand, favorable pricing dynamics, cost reduction programs, and synergies from recent acquisitions. They also repurchased approximately $102 million of shares during the quarter.

Huntsman Corporation reported strong second-quarter earnings with revenues of $2.024 billion, net income of $172 million, adjusted net income of $191 million, and adjusted EBITDA of $334 million, driven by a return to pre-pandemic demand levels and contributions from recent acquisitions and cost optimization initiatives.

Huntsman Corporation reported strong first quarter 2021 results, with revenues of $1,837 million, net income of $100 million, adjusted net income of $147 million and adjusted EBITDA of $289 million. The company's performance was boosted by an accelerated economic recovery, with strength in March offsetting headwinds from Winter Storm Uri in February. The board also approved a 15% increase in the quarterly dividend.

Huntsman Corporation reported Q4 2020 results with revenues of $1,668 million, net income of $360 million, adjusted net income of $113 million and adjusted EBITDA of $240 million. The company significantly exceeded expectations with adjusted EBITDA surpassing the previous year's Q4, despite challenges in the Aerospace sector. Solid free cash flow was delivered for both the fourth quarter and the full year.

Huntsman Corporation reported Q3 2020 revenues of $1,510 million, net income of $57 million, adjusted net income of $70 million and adjusted EBITDA of $188 million, showing improvement across most businesses except for commercial aircraft.

Huntsman Corporation reported second quarter 2020 results with revenues of $1,247 million, a net loss of $59 million, an adjusted net loss of $30 million, and an adjusted EBITDA of $54 million. The company is targeting total annualized cost savings and synergies of $100+ million by the end of 2021.

Huntsman reported Q1 2020 revenues of $1,593 million, net income of $708 million, adjusted net income of $65 million, and adjusted EBITDA of $165 million. The company is focused on protecting its balance sheet strength by reducing inventories and capital spending, suspending share repurchases, and implementing cost reduction measures.

Huntsman Corporation reported Q4 2019 revenues of $1,657 million, net income of $308 million, adjusted net income of $65 million and adjusted EBITDA of $182 million. The company highlighted the $2 billion divestiture of its Chemical Intermediates and Surfactants businesses and the acquisition of the remaining 50% investment in its Maleic Anhydride joint venture from Sasol.