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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.
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%.