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ValueScreener company report

Huntsman Corporation (HUN)

NYSE / Basic Materials / Chemicals

Share price

8.56 USD Market dataClose of Oct 15, 2026

Market capitalisation

1.50B USD Market dataClose of Oct 15, 2026
Market data
Oct 15, 2026
Filed accounts
FY2025, filed Feb 18, 2026
Ratios computed
Oct 15, 2026
Filed years
17, FY2008 to FY2025
Four kinds of sourceSEC filingCompany statementMarket dataComputedWhat each means
SEC filingFiled with the SEC
Read from a statement the company filed with the SEC, with the form, fiscal year, filing date and accession beside it.
Company statementCompany statement
What the company says about itself in a filing: an 8-K item, the auditor, its own segment names.
Market dataMarket data
Prices, market value and what analysts publish, with the date they are as of.
ComputedComputed by ValueScreener
Worked out by us from the other three, with the inputs and the formula one press away. A score is a research output, not a rating or a recommendation.
Reading

1 of 10

Overview

What the business is, what it costs, and how it reads on four questions.

Market dataSEC filingComputed

Four questions, at a glance

Quality

Return on equity

-10.3% Computed

From the FY2025 filing

Read quality

Valuation

Price to book

0.54x Computed

FY2025 accounts, priced at the latest close

Read valuation

Cash generation

Free cash flow yield

7.8% Computed

FY2025 accounts, priced at the latest close

Read cash generation

Revenue and net income, as filed

FY2016 Revenue: 7.52B USDFY2016 Net income: 326.0M USDFY2017 Revenue: 6.84B USDFY2017 Net income: 636.0M USDFY2018 Revenue: 7.60B USDFY2018 Net income: 337.0M USDFY2019 Revenue: 6.80B USDFY2019 Net income: 562.0M USDFY2020 Revenue: 5.42B USDFY2020 Net income: 1.03B USDFY2021 Revenue: 7.67B USDFY2021 Net income: 1.04B USDFY2022 Revenue: 8.02B USDFY2022 Net income: 460.0M USDFY2023 Revenue: 6.11B USDFY2023 Net income: 101.0M USDFY2024 Revenue: 6.04B USDFY2024 Net income: -189.0M USDFY2025 Revenue: 5.68B USDFY2025 Net income: -284.0M USD
Revenue Net income10 filed fiscal years, from the annual reports; the table in Filings names each document.
Named tests met
2 of 30 Which tests
The business, and the score behind its five axes

The reading, in brief

Is it good

Return on equity was -10.3% in FY2025, in the band labelled "Likely below the cost of equity" (below 8.0%), on lines anchored on Damodaran's cost-of-capital data, suggesting returns on shareholders' money below the usual cost of equity.

Today, against the Basic Materials sector (247 companies), -10.3% sits at the 36th percentile; the middle half of that group runs from -20.2% to 11.8%.

Is it safe

Net debt to EBITDA was 12.64x in FY2025, in the band labelled "High, covenant territory" (4.00x and above), on lines set by credit-analyst convention, suggesting debt in the range lenders write covenants around.

No peer distribution is published for net debt to EBITDA today; the year-by-year comparison uses the filed annual figures.

Year by year against peers
Whether Huntsman Corporation's return on equity stayed above the median of the Basic Materials sector, year by year. (FY2023 to FY2025, 3 fiscal years of Huntsman Corporation with a comparable figure)
The direction
Which way Huntsman Corporation's return on equity has moved, and how steadily. (FY2016 to FY2025, 10 filed years of Huntsman Corporation)
What could explain it
What in Huntsman Corporation's filed statements could explain the movements. (6 readings drawn from the statement lines Huntsman Corporation filed)
What to check next
What to check next on Huntsman Corporation, and where in its filings. (5 questions for Huntsman Corporation)
In one paragraph
One paragraph on Huntsman Corporation's returns, cash, balance sheet and price. (11 of sixteen figures read for Huntsman Corporation)

These are HUN’s filed figures. The research desk says what they mean, against peers and its own years, with what to check next.

Research HUNPart of Serious. New accounts start with 30 days of Professional, free, no card.

2 of 10

What changed

The newest filing, what it moved, and when the next one is due.

SEC filingCompany statement

The newest accounts on file are the FY2025 annual report: 10-K, filed Feb 18, 2026, accession 0001437749-26-004524.

3 of 10

Quality

The returns the business earns on its capital, and the margins behind them.

SEC filingComputed

Huntsman Corporation: returns on capital and margins, each with its source
FigureValue, source and document
Return on invested capital, after tax
Why n/a

The filed income tax is outside 0 to 100% of pre-tax income (a tax benefit on a profit, a charge on a loss, or a charge above the profit), which is a one-off in the tax line and not a rate operating profit was taxed at, so after-tax operating profit is not computed.

n/a ComputedFY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
Return on equity-10.3% ComputedFY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
Return on capital employed, pre-tax-2.4% ComputedFY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
Return on assets-4.0% ComputedFY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
Gross margin13.2% ComputedFY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
Operating margin-2.3% ComputedFY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
Net margin-5.0% ComputedFY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
HUN -5.0%
BAK -14.6%LXU 4.0%TROX -16.2%RYAM -28.7%ASIX 3.2%
-28.7%4.0%
Net margin: HUN against the 5 companies named under Valuation context, each as filed for its own latest year. Placement only: no average is drawn.

4 of 10

Financial strength

What it owes against what it owns, and whether it can meet what falls due.

SEC filingComputedCompany statement

Huntsman Corporation: leverage, liquidity and distress, each with its source
FigureValue, source and document
Debt to equity0.87 ComputedFY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
Current ratio1.30 ComputedFY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
Quick ratio0.78 ComputedFY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
Interest coverage
Why n/a

No interest expense is filed for this year, so coverage is not computed.

n/a ComputedFY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
Altman Z-score1.41 ComputedClose of Oct 15, 2026 · FY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
Net debt1.97B ComputedFY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
Total assets 7.01BTotal liabilities 4.06BShareholders' equity 2.75BOwnsOwes, and equity
Total assets Total liabilities Shareholders’ equity
The balance sheet, line by line

Financial health

What Huntsman Corporation owned and owed at the end of fiscal 2025, from the balance sheet it filed (10-K, filed Feb 18, 2026, 0001437749-26-004524).

Huntsman Corporation: balance sheet position
Total assets7.01B FiledFY2025 10-K, filed Feb 18, 2026
Total liabilities4.06B FiledFY2025 10-K, filed Feb 18, 2026
Shareholders' equity2.75B FiledFY2025 10-K, filed Feb 18, 2026
Cash429.0M FiledFY2025 10-K, filed Feb 18, 2026
Total debt2.40B FiledFY2025 10-K, filed Feb 18, 2026
Net debt1.97B
Current ratio1.30
Debt to equity0.87
  • Interest cover: FY2025: No interest expense is filed for this year, so coverage is not computed.

Read from the filed balance sheet for each year, with the income statement of the same year supplying operating profit where a ratio needs it. Nothing here is a view on whether this company is sound.

5 of 10

Valuation context

What the market charges for it, against its own record and companies like it.

Market dataSEC filingComputed

Huntsman Corporation: what the market charges, each with its source
FigureValue, source and document
Price to earnings
Why n/m

Earnings are zero or negative, so a price to earnings multiple is not meaningful. A negative P/E is not a cheap company and a large positive one from a near-zero denominator is not an expensive one.

n/m ComputedClose of Oct 15, 2026 · FY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
P/E on trailing twelve months42.67x ComputedClose of Oct 15, 2026 · Trailing four quarters, each as known on the day; the quarterly filings are listed under Filings
Price to book0.54x ComputedClose of Oct 15, 2026 · FY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
Price to sales0.26x ComputedClose of Oct 15, 2026 · FY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
Enterprise value to EBIT
Why n/a

We do not hold this figure for this company, so there is nothing to show.

n/a ComputedClose of Oct 15, 2026 · FY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
Enterprise value to EBITDA22.11x ComputedClose of Oct 15, 2026 · FY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
Price to earnings over growth
Why n/m

Earnings are zero or negative, so a price to earnings multiple is not meaningful. A negative P/E is not a cheap company and a large positive one from a near-zero denominator is not an expensive one.

n/m ComputedClose of Oct 15, 2026 · FY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
Diluted earnings per share-1.65 USD FiledFY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
Graham number
Why n/m

Earnings are zero or negative, so a price to earnings multiple is not meaningful. A negative P/E is not a cheap company and a large positive one from a near-zero denominator is not an expensive one.

n/m ComputedFY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524

We publish no fair value or price target of our own. Value HUN on your own assumptions in the DCF workbench, starting from the filed figures.

Its own record, and companies like it

Valuation

What the market charges for Huntsman Corporation today, and the multiples it has carried. No value of ours: the figures are the filings’ and the market’s.

Huntsman Corporation: valuation
Share price8.56 USD
Market capitalisation1.50B USD
Enterprise value to EBITDA22.11x
Graham numbern/m
Diluted earnings per share, FY2025-1.65 USD

Price to earnings on trailing twelve months, a different basis from the fiscal-year P/E above, since Oct 3, 2016: low 2.88x, median 11.07x, high 46.67x, latest 42.67x. 1,771 trading days with a meaningful ratio, 751 more on a loss and left out. Each close over the trailing twelve months of earnings as known that day: a quarter counts from the day it was filed.

Companies like Huntsman Corporation

  1. Braskem S.A. (BAK)Market cap 721.3M USD
  2. LSB Industries, Inc. (LXU)Market cap 753.1M USD
  3. Tronox Holdings plc (TROX)Market cap 565.3M USD
  4. Rayonier Advanced Materials Inc. (RYAM)Market cap 481.0M USD
  5. AdvanSix Inc. (ASIX)Market cap 445.5M USD

Same industry (Chemicals) and size band (Small, 300M to 2B), nearest in market value, net margin and current ratio. Each of those counts equally, by how many of the companies considered sit between the two on it. Closest first: the order is likeness and nothing else.

6 of 10

Cash generation

Whether profit arrives as cash, and what is paid back to shareholders.

SEC filingComputed

Huntsman Corporation: cash generation and what is paid out, each with its source
FigureValue, source and document
Free cash flow yield7.8% ComputedClose of Oct 15, 2026 · FY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
Free cash flow116.0M USD ComputedFY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
Free cash flow margin2.0% ComputedFY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
Dividend yield4.1% ComputedClose of Oct 15, 2026 · FY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
Payout ratio
Why n/a

We do not hold this figure for this company, so there is nothing to show.

n/a ComputedFY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
FY2016 Free cash flow: 770.0M USDFY2016 Net income: 326.0M USDFY2017 Free cash flow: 985.0M USDFY2017 Net income: 636.0M USDFY2018 Free cash flow: 956.0M USDFY2018 Net income: 337.0M USDFY2019 Free cash flow: 623.0M USDFY2019 Net income: 562.0M USDFY2020 Free cash flow: 16.0M USDFY2020 Net income: 1.03B USDFY2021 Free cash flow: 626.0M USDFY2021 Net income: 1.04B USDFY2022 Free cash flow: 642.0M USDFY2022 Net income: 460.0M USDFY2023 Free cash flow: -21.0M USDFY2023 Net income: 101.0M USDFY2024 Free cash flow: 79.0M USDFY2024 Net income: -189.0M USDFY2025 Free cash flow: 116.0M USDFY2025 Net income: -284.0M USD
Free cash flow Net incomeProfit that arrives as cash stands level with net income; a gap year after year is worth reading about.

7 of 10

Filings

Every figure, the year it is for and the document it was read from.

SEC filingMarket data

The filed figures

Computed from the accounts this company filed with the SEC and, in a ratio with a price in it, the last close, dated on this page. Every filed figure below carries the fiscal year and the filing date its accounts were read from, and every blank carries the reason it is blank. Nothing here is a view on this company.

Huntsman Corporation: the eight ratios, with the fiscal year and filing date behind each.
FigureValueYearAs of
n/mFY2025Oct 15, 2026
n/m Not meaningful for this company, such as a P/E on negative earnings or a bank's EV/EBIT.
0.54xFY2025Oct 15, 2026
n/aFY2025Oct 15, 2026
n/a Operating profit is zero or negative, so there is no profit for a buyer's price to be a multiple of.
7.8%FY2025Oct 15, 2026
n/aFY2025Feb 18, 2026
n/a The filed income tax is outside 0 to 100% of pre-tax income (a tax benefit on a profit, a charge on a loss, or a charge above the profit), which is a one-off in the tax line and not a rate operating profit was taxed at, so after-tax operating profit is not computed.
4.1%FY2025Oct 15, 2026
0.87FY2025Feb 18, 2026
1.30FY2025Feb 18, 2026
0.26xFY2025Oct 15, 2026
n/mFY2025Oct 15, 2026
n/m Not meaningful for this company, such as a P/E on negative earnings or a bank's EV/EBIT.
1.41FY2025Oct 15, 2026
-2.84FY2025Feb 18, 2026
2/9FY2025Feb 18, 2026

The figures are computed from the accounts for fiscal 2025, the newest full year on file. 17 filed fiscal years on record, FY2008 to FY2025, from SEC EDGAR. Prices as of Oct 15, 2026. Ratios recomputed Oct 15, 2026. Two facts, because a recompute is not a fresh quote.

The year and the filing date name the statement each figure’s accounts are read from, and they stand even where the figure itself could not be computed: the line beneath a blank says what that statement did not carry. A figure’s name opens its formula and the filings behind it; a statement that names no SEC filing has no filing date, and reads n/a.

Ten years of filed figures, year by year

Ten years of filed figures

10 filed fiscal years, FY2016 to FY2025, read from the annual reports Huntsman Corporation filed with the SEC. Each year names its filing. Amounts in USD, as filed.

Huntsman Corporation: revenue, earnings, free cash flow and returns, by fiscal year, with the filing each year was read from
YearRevenueOperating incomeNet incomeEPS, dilutedFree cash flowOperating marginReturn on equityFiling
FY20255.68B-131.0M-284.0M-1.65116.0M-2.3%-10.3%10-K, Feb 18, 20260001437749-26-004524
FY20246.04B-25.0M-189.0M-1.1079.0M-0.4%-6.4%10-K, Feb 18, 20250001437749-25-004205
FY20236.11B84.0M101.0M0.57-21.0M1.4%3.1%10-K, Feb 22, 20240001437749-24-005185
FY20228.02B672.0M460.0M2.27642.0M8.4%12.7%10-K, Feb 21, 20230001437749-23-003950
FY20217.67B731.0M1.04B4.72626.0M9.5%23.9%10-K, Feb 15, 20220001437749-22-003430
FY20205.42B432.0M1.03B4.6616.0M8.0%29.4%10-K, Feb 12, 20210001437749-21-002772
FY20196.80B469.0M562.0M2.44623.0M6.9%20.9%10-K, Feb 13, 20200001558370-20-000780
FY20187.60B827.0M337.0M1.39956.0M10.9%13.4%10-K, Feb 12, 20190001558370-19-000573
FY20176.84B729.0M636.0M2.61985.0M10.7%24.3%10-K, Feb 23, 20180001558370-18-001028
FY20167.52B663.0M326.0M1.36770.0M8.8%25.3%10-K, Feb 15, 20170001047469-17-000682
  • Revenue, compound annual growth FY2016 to FY2025: -3.1%
  • Earnings: Earnings was not positive in both 2016 and 2025, so a compound rate across the window is not defined. Both figures are in the table.
  • Earnings per share: Earnings per share was not positive in both 2016 and 2025, so a compound rate across the window is not defined. Both figures are in the table.
  • Free cash flow, compound annual growth FY2016 to FY2025: -19.0%

Every figure in this section is a line of a filed annual statement or a ratio of two of them. Nothing here is estimated or smoothed. Earnings per share filed before a share split are put on today's share count, and say so. Nothing here is a verdict on the company.

8 of 10

Risks and guardrails

The accounting screens, the published tests, and the lines you can set to be told.

ComputedCompany statement

Huntsman Corporation: accounting screens and published tests, each with its source
FigureValue, source and document
Beneish M-score-2.84 ComputedFY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
Piotroski F-score2/9 ComputedFY2025 10-K, filed Feb 18, 2026, 0001437749-26-004524
Named tests met2 of 30 Computed
Beta1.04 ComputedClose of Oct 15, 2026

The named tests

Of 30 tests value investors published: 2 met, 21 not met, 7 we could not complete. Counts, never a score: a single figure would have to decide that meeting one investor’s criteria and meeting another’s are worth the same.

Which tests, by name(all 30)
Meets
Book or below, low debt (Walter Schloss); Cheapest quarter on P/B (David Dreman)
Does not
Defensive investor (Benjamin Graham); Deep value; Large cap, low P/E; High F-score, low P/B (Joseph Piotroski); Three forensic scores; Low PEG, low debt (Peter Lynch); High returns and growth; Gross margin, turnover (Robert Novy-Marx); EV/EBITDA and coverage; Dividends and buybacks; Low beta, profitable; Near the 52-week low; Z-score and coverage (Edward Altman); Two thirds of NCAV (Benjamin Graham); High returns, low debt; Owner earnings yield; High return on tangibles; Low P/S, rising earnings (James O'Shaughnessy); Cash-covered dividend; Tangible book or below; Clean books, high ROIC
Not measured
Earnings yield and ROIC (Joel Greenblatt); High yield, low payout; ROIC at or above WACC; P/E times P/B (Benjamin Graham); Cash-flow yield and ROIC; Cheapest quarter on P/E (David Dreman); Low P/E, growth, yield (John Neff). A test with a figure we could not read is incomplete, never met and never failed.
Figures we could not read(10)
  • P/E Ratio: Earnings are zero or negative, so a price to earnings multiple is not meaningful. A negative P/E is not a cheap company and a large positive one from a near-zero denominator is not an expensive one.
  • EV/EBIT: We do not hold this figure for this company, so there is nothing to show.
  • Return on Invested Capital: The filed income tax is outside 0 to 100% of pre-tax income (a tax benefit on a profit, a charge on a loss, or a charge above the profit), which is a one-off in the tax line and not a rate operating profit was taxed at, so after-tax operating profit is not computed.
  • PEG Ratio: Earnings are zero or negative, so a price to earnings multiple is not meaningful. A negative P/E is not a cheap company and a large positive one from a near-zero denominator is not an expensive one.
  • Eps Growth 5Y: We do not hold this figure for this company, so there is nothing to show.
  • Interest Coverage: No interest expense is filed for this year, so coverage is not computed.
  • Payout Ratio: We do not hold this figure for this company, so there is nothing to show.
  • ROIC-WACC Spread: We do not hold this figure for this company, so there is nothing to show.
  • Price To Graham: Earnings are zero or negative, so a price to earnings multiple is not meaningful. A negative P/E is not a cheap company and a large positive one from a near-zero denominator is not an expensive one.
  • Dividend Streak: The stored figure is a zero that can stand for data we do not hold, so this test is not measured.

9 of 10

Declared positions

Whether anybody here owns this company.

Positions declared by Javier Sanz Alvarez: no holding in any company shown here, as of October 3, 2026.

10 of 10

Next step

What to do with what you have read.

A thesis is your reason for owning it, in your words, with the figures that must stay true. Checking those figures every night against the newest filed accounts, and telling you once when one breaks, is what the subscription adds.

More on this company

What this cannot tell you

  • 10 figures could not be read on this company, among them P/E Ratio, EV/EBIT, Return on Invested Capital. Each blank in the table above names the rest, with its reason. 7 named tests come back incomplete because of them, which is neither met nor missed.

And the one that is true of all of it: This is what the numbers say today. It cannot tell you the day one of them stops being true. Nothing here can, because the reasons are not written down.

Running this once is arithmetic on public documents and you are welcome to it. Writing down why you own each company, in your own words and with the numbers that have to stay true for it to hold, and then having those numbers re-checked every night against the newest filed accounts, and against the latest close where a rule watches a price, is Professional, the plan a new account starts on for 30 days, one trial per person. It writes to you the day one breaks, and stays quiet when nothing does. The check runs every night at 23:30 UTC. A filing is picked up the night after it is published.

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ValueScreener · valuescreener.ai · Computed from accounts filed with the SEC by this company, read from EDGAR, and from dated closing prices. On this page a filed figure opens into its formula, its inputs and the statement, fiscal year and filing date it was read from, and a price into the day of its close. A figure that cannot show that trail says so.

A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.

Margin Notes

Once a week, what changed in the filings of US-listed companies, why it can matter to a thesis, and what deserves a closer review. Grounded in filings, not market noise.

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