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Mar 31, 2021

Huntsman Q1 2021 Earnings Report

Huntsman's Q1 2021 performance was driven by an accelerated economic recovery, with results exceeding expectations across all business segments.

Key Takeaways

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.

Revenues reached $1,837 million.

Net income was reported at $100 million.

Adjusted net income reached $147 million.

Adjusted EBITDA was $289 million.

Total Revenue
$1.84B
Previous year: $1.59B
+15.3%
EPS
$0.66
Previous year: $0.29
+127.6%
Gross Profit
$392M
Previous year: $297M
+32.0%
Cash and Equivalents
$2.1B
Previous year: $1.59B
+31.7%
Free Cash Flow
-$114M
Previous year: -$101M
+12.9%
Total Assets
$8.3B
Previous year: $8.46B
-1.9%

Huntsman

Huntsman

Forward Guidance

If current trends hold, we expect 2021 to be a very good year for the Company.