Huntsman Corporation

HUN

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

6,036

Cost of Revenue

5,170

Gross Profit

866

Gross Margin

14.3%

Operating Income

-25

Operating Margin

-0.4%

Net Income

-189

Net Margin

-3.1%

EPS (Basic)

$-1.10

EPS (Diluted)

$-1.10

EBITDA

329

EBITDA Margin

5.5%

2023

12/31/2023

Revenue

6,111

Cost of Revenue

5,205

Gross Profit

906

Gross Margin

14.8%

Operating Income

Operating Margin

1.4%

Net Income

101

Net Margin

1.7%

EPS (Basic)

$0.57

EPS (Diluted)

$0.57

EBITDA

442

EBITDA Margin

7.2%

2022

12/31/2022

Revenue

8,023

Cost of Revenue

6,477

Gross Profit

1,546

Gross Margin

19.3%

Operating Income

672

Operating Margin

8.4%

Net Income

460

Net Margin

5.7%

EPS (Basic)

$2.29

EPS (Diluted)

$2.27

EBITDA

1,040

EBITDA Margin

13.0%

2021

12/31/2021

Revenue

7,670

Cost of Revenue

6,086

Gross Profit

1,584

Gross Margin

20.7%

Operating Income

731

Operating Margin

9.5%

Net Income

1,045

Net Margin

13.6%

EPS (Basic)

$4.77

EPS (Diluted)

$4.72

EBITDA

1,591

EBITDA Margin

20.7%

2020

12/31/2020

Revenue

6,018

Cost of Revenue

4,918

Gross Profit

1,100

Gross Margin

18.3%

Operating Income

433

Operating Margin

7.2%

Net Income

1,034

Net Margin

17.2%

EPS (Basic)

$1.32

EPS (Diluted)

$1.31

EBITDA

706

EBITDA Margin

11.7%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	6,036	6,111	8,023	7,670	6,018
Cost of Revenue	5,170	5,205	6,477	6,086	4,918
Gross Profit	866	906	1,546	1,584	1,100
Gross Margin	14.3%	14.8%	19.3%	20.7%	18.3%
Operating Income	-25	84	672	731	433
Operating Margin	-0.4%	1.4%	8.4%	9.5%	7.2%
Net Income	-189	101	460	1,045	1,034
Net Margin	-3.1%	1.7%	5.7%	13.6%	17.2%
EPS (Basic)	$-1.10	$0.57	$2.29	$4.77	$1.32
EPS (Diluted)	$-1.10	$0.57	$2.27	$4.72	$1.31
EBITDA	329	442	1,040	1,591	706
EBITDA Margin	5.5%	7.2%	13.0%	20.7%	11.7%