Huntsman (HUN) financial statements
Huntsman reported revenue of $5.7B in fiscal 2025, down 3.1% a year over 9 years.
Net income was -$284M and the operating margin -2.3%, against 8.8% in 2016.
Free cash flow was $116M, and the company returned $146M in dividends.
The diluted share count fell 28% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Huntsman's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.5B | $6.8B | $7.6B | $6.8B | $5.4B | $7.7B | $8.0B | $6.1B | $6.0B | $5.7B |
| Cost of revenue | $6.0B | $5.2B | $5.8B | $5.4B | $4.4B | $6.1B | $6.5B | $5.2B | $5.2B | $4.9B |
| Gross profit | $1.5B | $1.7B | $1.8B | $1.4B | $977M | $1.6B | $1.5B | $906M | $866M | $751M |
| Research and development | $137M | $132M | $145M | $137M | $121M | $135M | $125M | $115M | $121M | $120M |
| Selling, general and admin | $772M | $759M | $789M | $786M | $670M | $739M | $711M | $689M | $671M | $670M |
| Operating income | $663M | $729M | $827M | $469M | $432M | $731M | $672M | $84M | -$25M | -$131M |
| Pre-tax income | $474M | $531M | $734M | $391M | $331M | $1.2B | $697M | $99M | -$39M | -$192M |
| Income tax | $109M | $20M | $45M | -$38M | $42M | $191M | $186M | $64M | $61M | $26M |
| Net income | $326M | $636M | $337M | $562M | $1.0B | $1.0B | $460M | $101M | -$189M | -$284M |
| EPS (diluted) | $1.36 | $2.61 | $1.39 | $2.44 | $4.66 | $4.72 | $2.27 | $0.57 | -$1.10 | -$1.65 |
| Diluted shares | 240M | 244M | 242M | 231M | 222M | 221M | 203M | 177M | 172M | 173M |
| Gross margin | 20.2% | 24.1% | 23.2% | 20.3% | 18.0% | 20.7% | 19.3% | 14.8% | 14.3% | 13.2% |
| Operating margin | 8.8% | 10.7% | 10.9% | 6.9% | 8.0% | 9.5% | 8.4% | 1.4% | -0.4% | -2.3% |
| Net margin | 4.3% | 9.3% | 4.4% | 8.3% | 19.1% | 13.6% | 5.7% | 1.7% | -3.1% | -5.0% |
Balance sheet
Fiscal years, from Huntsman's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $385M | $470M | $340M | $525M | $1.6B | $1.0B | $654M | $540M | $340M | $429M |
| Inventory | $918M | $1.1B | $1.0B | $914M | $848M | $1.0B | $995M | $867M | $917M | $818M |
| Total current assets | $3.6B | $6.0B | $3.0B | $3.8B | $3.6B | $3.9B | $3.1B | $2.3B | $2.1B | $2.1B |
| Property, plant and equipment | $3.0B | $3.1B | $2.4B | $2.4B | $2.5B | $2.4B | $2.4B | $2.4B | $2.5B | $2.5B |
| Goodwill | $121M | $140M | $275M | $276M | $533M | $650M | $641M | $644M | $633M | $630M |
| Total assets | $9.2B | $10.2B | $8.0B | $8.3B | $8.7B | $9.4B | $8.2B | $7.2B | $7.1B | $7.0B |
| Total current liabilities | $1.8B | $3.3B | $1.6B | $2.0B | $2.0B | $2.1B | $1.7B | $1.2B | $1.6B | $1.6B |
| Long-term debt | $4.1B | $2.3B | $2.2B | $2.2B | $1.5B | $1.5B | $1.7B | $1.7B | $1.5B | $1.7B |
| Total liabilities | $7.7B | $6.9B | $5.2B | $5.5B | $5.0B | $4.8B | $4.4B | $3.8B | $4.0B | $4.1B |
| Shareholders' equity | $1.3B | $2.6B | $2.5B | $2.7B | $3.5B | $4.4B | $3.6B | $3.3B | $3.0B | $2.8B |
| Net debt | $3.8B | $1.8B | $2.0B | $1.9B | $528M | $509M | $1.1B | $1.1B | $1.5B | $1.6B |
Cash flow
Fiscal years, from Huntsman's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.1B | $1.2B | $1.2B | $897M | $253M | $952M | $914M | $209M | $263M | $289M |
| Capital spending | $318M | $234M | $251M | $274M | $237M | $326M | $272M | $230M | $184M | $173M |
| Free cash flow | $770M | $985M | $956M | $623M | $16M | $626M | $642M | -$21M | $79M | $116M |
| Stock-based compensation | $32M | $36M | $27M | $29M | $26M | $30M | $29M | $28M | $30M | $31M |
| Dividends paid | $120M | $120M | $156M | $150M | $144M | $159M | $171M | $169M | $174M | $146M |
| Share buybacks (net) | — | — | -$277M | -$208M | -$96M | -$200M | -$1.0B | -$349M | -$4M | $0 |
| Net borrowing | -$511M | -$2.0B | -$68M | $66M | -$21M | -$543M | -$12M | -$11M | $336M | -$328M |
| Free cash flow margin | 10.2% | 14.4% | 12.6% | 9.2% | 0.3% | 8.2% | 8.0% | -0.3% | 1.3% | 2.0% |
| Dividends per share | $0.50 | $0.49 | $0.65 | $0.65 | $0.65 | $0.72 | $0.84 | $0.95 | $1.01 | $0.85 |
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What was Huntsman's revenue in 2025?
$5.7B in fiscal 2025, from its 10-K filing.
How much free cash flow does Huntsman generate?
$116M in fiscal 2025 (operating cash flow minus capital spending).
From Huntsman's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.