Huntsman Corporation (HUN) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
10003 WOODLOCH FOREST DRIVE THE WOODLANDS, TX 77380 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 28 - Chemicals And Allied Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 540 | 654 | 1,041 | 1,593 | 525 | 340 | |||
| Cash and cash equivalents | 540 | 654 | 1,041 | 1,593 | 525 | 340 | |||
| Receivables | 747 | 834 | 1,186 | 910 | 953 | 1,272 | |||
| Inventory, net of allowances, customer advances and progress billings | 867 | 995 | 1,201 | 848 | 914 | 1,134 | |||
| Inventory | 867 | 995 | 1,201 | 848 | 914 | 1,134 | |||
| Prepaid expense | 83 | 66 | |||||||
| Disposal group, including discontinued operation | 1,208 | ||||||||
| Asset, held-for-sale, not part of disposal group | 472 | ||||||||
| Other current assets | 154 | 190 | 167 | 217 | 72 | 146 | |||
| Other undisclosed current assets | 6 | 333 | |||||||
| Total current assets: | 2,314 | 3,145 | 3,928 | 3,568 | 3,755 | 2,958 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 366 | 374 | 403 | 445 | 396 | ✕ | |||
| Property, plant and equipment | 2,376 | 2,377 | 2,576 | 2,505 | 2,383 | 3,064 | |||
| Long-term investments and receivables | 438 | 425 | 470 | 373 | 569 | 560 | |||
| Due from related parties | ✕ | ✕ | 34 | 34 | |||||
| Long-term investments | 438 | 425 | 470 | 373 | 535 | 526 | |||
| Intangible assets, net (including goodwill) | 1,031 | 1,066 | 1,119 | 986 | 473 | 494 | |||
| Goodwill | 644 | 641 | 650 | 533 | 276 | 275 | |||
| Intangible assets, net (excluding goodwill) | 387 | 425 | 469 | 453 | 197 | 219 | |||
| Deferred costs | 32 | ||||||||
| Deferred income tax assets | 112 | 147 | 206 | 288 | 292 | ✕ | |||
| Other noncurrent assets | 611 | 686 | 690 | 548 | 452 | 553 | |||
| Other undisclosed noncurrent assets | 292 | ||||||||
| Total noncurrent assets: | 4,934 | 5,075 | 5,464 | 5,145 | 4,565 | 4,995 | |||
| TOTAL ASSETS: | 7,248 | 8,220 | 9,392 | 8,713 | 8,320 | 7,953 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 395 | 1,336 | 1,928 | 1,300 | 1,185 | 1,483 | |||
| Accounts payable | 907 | 1,148 | 842 | 765 | 929 | ||||
| Accrued liabilities | 395 | 429 | 780 | 458 | 420 | 554 | |||
| Debt | 12 | 66 | 12 | 593 | 254 | 96 | |||
| Restructuring reserve | 19 | 26 | |||||||
| Accrued environmental loss contingencies | 2 | 1 | 1 | 1 | |||||
| Disposal group, including discontinued operation | 194 | 512 | |||||||
| Due to related parties | ✕ | ✕ | 54 | 60 | 34 | 57 | 32 | ||
| Other undisclosed current liabilities | 763 | 50 | 31 | 25 | |||||
| Total current liabilities: | 1,172 | 1,701 | 2,051 | 1,979 | 2,008 | 1,611 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,676 | 1,671 | 1,908 | 1,939 | 2,561 | 2,224 | |||
| Long-term debt, excluding current maturities | 1,676 | 1,671 | 1,538 | 1,528 | 2,177 | 2,224 | |||
| Liabilities, other than long-term debt | 922 | 1,008 | 874 | 1,122 | 927 | 1,095 | |||
| Asset retirement obligations | 11 | ||||||||
| Deferred income tax liabilities | 243 | 250 | 161 | 212 | 29 | ✕ | |||
| Accrued environmental loss contingencies | 5 | ||||||||
| Restructuring reserve | 6 | ||||||||
| Other liabilities | 345 | 422 | 713 | 910 | 898 | 1,073 | |||
| Operating lease, liability | 334 | 336 | 370 | 411 | 384 | ✕ | |||
| Other undisclosed noncurrent liabilities | 274 | ||||||||
| Total noncurrent liabilities: | 2,598 | 2,679 | 2,782 | 3,061 | 3,488 | 3,593 | |||
| Total liabilities: | 3,770 | 4,380 | 4,833 | 5,040 | 5,496 | 5,204 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 3,251 | 3,624 | 4,378 | 3,519 | 2,687 | 2,520 | |||
| Treasury stock, value | (2,290) | (1,937) | (934) | (731) | (635) | (427) | |||
| Additional paid in capital | 4,202 | 4,156 | 4,102 | 4,048 | 4,008 | 3,984 | |||
| Deferred compensation equity | (41) | (35) | (25) | (19) | (17) | (16) | |||
| Accumulated other comprehensive loss | (1,245) | (1,268) | (1,203) | (1,346) | (1,362) | (1,316) | |||
| Retained earnings | 2,622 | 2,705 | 2,435 | 1,564 | 690 | 292 | |||
| Other undisclosed equity, attributable to parent | 3 | 3 | 3 | 3 | 3 | 3 | |||
| Equity, attributable to noncontrolling interest | 227 | 216 | 181 | 154 | 137 | 229 | |||
| Total equity: | 3,478 | 3,840 | 4,559 | 3,673 | 2,824 | 2,749 | |||
| TOTAL LIABILITIES AND EQUITY: | 7,248 | 8,220 | 9,392 | 8,713 | 8,320 | 7,953 | |||
Income Statement (P&L) ($ in millions)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 6,111 | 8,023 | 8,453 | 6,018 | 6,797 | 9,379 | ||
| Cost of revenue | (5,205) | (6,477) | (6,678) | (4,918) | (5,415) | (7,354) | ||
| Gross profit: | 906 | 1,546 | 1,775 | 1,100 | 1,382 | 2,025 | ||
| Operating expenses | (822) | (874) | (980) | (667) | (913) | (987) | ||
| Operating income (loss): | 84 | 672 | 795 | 433 | 469 | 1,038 | ||
| Nonoperating income (Other Nonoperating income) | 2 | 35 | 32 | 36 | 20 | 29 | ||
| Interest and debt expense | (27) | (23) | (3) | |||||
| Income from continuing operations before equity method investments, income taxes: | 86 | 707 | 800 | 469 | 466 | 1,064 | ||
| Income from equity method investments | 83 | 67 | 143 | 42 | 54 | 55 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (70) | (77) | 370 | (174) | (129) | (177) | ||
| Income (loss) from continuing operations before income taxes: | 99 | 697 | 1,313 | 337 | 391 | 942 | ||
| Income tax expense (benefit) | (64) | (186) | (209) | (46) | 38 | (97) | ||
| Income (loss) from continuing operations: | 35 | 511 | 1,104 | 291 | 429 | 845 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 1,104 | 1,066 | 598 | 650 | |
| Income (loss) from discontinued operations | 118 | 12 | 775 | 169 | (195) | |||
| Net income (loss): | 153 | 523 | 1,104 | 1,066 | 598 | 650 | ||
| Net loss attributable to noncontrolling interest | (52) | (63) | (59) | (32) | (36) | (313) | ||
| Net income (loss) available to common stockholders, diluted: | 101 | 460 | 1,045 | 1,034 | 562 | 337 | ||
Comprehensive Income ($ in millions)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 153 | 523 | 1,104 | 1,066 | 598 | 650 | ||
| Other comprehensive income (loss) | 20 | (77) | 150 | 22 | (36) | (240) | ||
| Comprehensive income (loss): | 173 | 446 | 1,254 | 1,088 | 562 | 410 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (49) | (51) | (66) | (38) | (31) | (266) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 124 | 395 | 1,188 | 1,050 | 531 | 144 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.