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Dec 31, 2023

Huntsman Q4 2023 Earnings Report

Huntsman reported a net loss for Q4 2023, impacted by lower sales volumes and prices across multiple segments.

Key Takeaways

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.

Revenues for Q4 2023 were $1,403 million.

Net loss attributable to Huntsman was $71 million.

Adjusted net loss attributable to Huntsman was $36 million.

Adjusted EBITDA was $44 million.

Total Revenue
$1.4B
Previous year: $1.65B
-15.0%
EPS
-$0.21
Previous year: $0.04
-625.0%
Gross Profit
$152M
Previous year: $190M
-20.0%
Cash and Equivalents
$1.7B
Previous year: $1.8B
-5.6%
Free Cash Flow
$83M
Previous year: $211M
-60.7%
Total Assets
$7.25B
Previous year: $8.22B
-11.8%

Huntsman

Huntsman

Forward Guidance

During 2024, Huntsman expects to spend approximately $200 million on capital expenditures and expects its 2024 adjusted effective tax rate to be approximately 34% to 37%.