HUNNYSEChemicals & Allied ProductsUS GAAP · USD

Huntsman CORP

Huntsman Corporation is a U.S.-based global chemicals company formed around businesses founded by Jon M. Huntsman in 1970. It operates through three reportable segments—Polyurethanes, Performance Products, and Advanced Materials—supplying specialty chemicals, formulations, and intermediates used to improve insulation, durability, adhesion, and energy efficiency across industrial markets.

Kysy yhtiöstä
Liikevaihto5 683milj. USD
−5,8 %v/v
Liikevoitto (EBIT)−131milj. USD
−424,0 %v/v
EBIT-marginaali−2,3%
−1,9 %-yks.v/v
Nettotulos−284milj. USD
−50,3 %v/v
Vapaa kassavirta116milj. USD
+46,8 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−2 00002 0004 0006 0008 00010 000milj. USD2020: 5 421 milj. USD2020: EBIT 432 milj. USD20202021: 7 670 milj. USD2021: EBIT 731 milj. USD20212022: 8 023 milj. USD2022: EBIT 672 milj. USD20222023: 6 111 milj. USD2023: EBIT 84 milj. USD20232024: 6 036 milj. USD2024: EBIT −25 milj. USD20242025: 5 683 milj. USD2025: EBIT −131 milj. USD20255 683−131
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Polyurethanes65 %

Isocyanates, polyols, and polyurethane systems used in insulation, construction, furniture, footwear, and industrial applications.

Performance Products17 %

Amines and maleic anhydride sold into consumer and industrial end markets, including chemical intermediates and specialty applications.

Advanced Materials18 %

Specialty resins, adhesives, composites, and formulations for aerospace, automotive, electronics, and general industry.

Tuotteet

Raportoitu · osuus liikevaihdosta
82,8%17,2%FY2025100 %
  • Diversified82,8 %
  • Specialty17,2 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Huntsman sells to a broad base of industrial customers, including insulation, construction, furniture, footwear, automotive, aerospace, electronics, and general industrial users. The company also serves distributors and agents that reach smaller end customers, while larger accounts often buy directly and require technical support, certification, and application engineering.

Insulation, construction, furniture and footwear

Buy polyurethane chemicals and systems for foam, insulation, comfort, and durability applications.

Automotive and transportation

Buy specialty resins, adhesives, and polyurethane solutions for lightweighting, durability, and electronics.

Aerospace

Buys certified specialty resins, curing agents, and toughening systems for high-performance structural applications.

General industrial and consumer applications

Buys adhesives, composites, and specialty chemistries for equipment, electronics, DIY, and leisure products.

Chemical intermediates and downstream processors

Buy amines and maleic anhydride as inputs for further chemical processing and formulation.

Strategia

Huntsman’s strategy centers on specialty, application-driven chemistry rather than commodity volume alone, using technical service and customer-specific formulations to defend pricing and retention. Management also emphasizes free cash flow, disciplined capital allocation, and selective investment in businesses tied to energy efficiency, aerospace, automotive, and other differentiated end markets.

Grow specialty and application-driven productsKeskipitkä aikaväli

Differentiated chemistries and formulations support pricing power and customer stickiness.

Expand technical service and customer supportLyhyt aikaväli

Technical support is a key differentiator in fragmented markets where performance matters.

Protect free cash flow and liquidityLyhyt aikaväli

Cash generation funds debt service, dividends, buybacks, and strategic investment.

Maantiede

Q1/2026

Huntsman is a global business with sales in more than 90 countries and manufacturing across North America, EAME, and APAC. The company also maintains technology centers in Basel, The Woodlands, Merrimack, and Shanghai, which support product development and customer-specific formulation work close to major end markets.

Asia Pacific44 %
Europe44 %
Other countries (US filing)12 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

Huntsman is exposed to cyclical demand in construction, automotive, industrial, and chemical end markets, so macro slowdowns, inflation, and high interest rates can pressure volumes and margins. The company also faces raw material supply risk, cyber and IT disruption risk, and execution risk from acquisitions, divestitures, and global operations across multiple regions.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Cyclical demand and macro slowdown1Raw material supply and price volatility2Cybersecurity and IT disruption3Integration and portfolio execution4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Cyclical demand and macro slowdownVaikutus: KorkeaTodennäköisyys: Korkea

    Construction, automotive, and industrial customers cut orders when growth weakens or financing costs rise.

    Kohdistuu: Polyurethanes and Performance Products volumes

  2. Raw material supply and price volatilityVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Key inputs such as PO and other feedstocks can be disrupted or become more expensive.

    Kohdistuu: Polyurethanes production economics

  3. Cybersecurity and IT disruptionVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Operations, supply chain, and financial processes depend on interconnected systems and third parties.

    KohdistuuManufacturingLogisticsCustomer service
  4. Integration and portfolio executionVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    The company has a history of acquisitions and divestitures, which can create integration and separation risk.

    KohdistuuSynergiesCustomer retentionStranded costs

Kirjanpito

Harkinnanvaraiset erät
Discontinued operations

The Textile Effects Business sale removes historical results from continuing operations and complicates trend analysis.

Vaikutus: Reported revenue and earnings are not directly comparable across periods

Non-GAAP adjustments

Adjusted EBITDA and adjusted net loss exclude acquisition, restructuring, and other items that can be material.

Vaikutus: Underlying operating performance may differ materially from GAAP results

Income taxes and valuation allowances

Loss jurisdictions without recognized tax benefits can create volatile effective tax rates.

Vaikutus: Tax expense may not track pre-tax earnings in a straightforward way

Impairment and plant closing costs

Chemical businesses often face asset rationalization and restructuring charges tied to portfolio changes.

Vaikutus: Can affect operating income and segment comparability

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Eastman Chemical Company

EMN · Plastic Materials, Synth Resins & Nonvulcan Elastomers

Orion S.A.

OEC · Miscellaneous Chemical Products

Hong Yuan Holding Group

HGYN · Plastic Materials, Synth Resins & Nonvulcan Elastomers

Parker-Hannifin Corp

PH · Miscellaneous Fabricated Metal Products

DuPont de Nemours, Inc.

DD · Plastic Materials, Synth Resins & Nonvulcan Elastomers

PPG Industries, Inc

PPG · Paints, Varnishes, Lacquers, Enamels & Allied Prods

Päivitetty: 24.9.2026