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Manufactures a broad range of specialty and commodity chemicals including polyurethanes, epoxy resins and performance products.
Manufactures a broad range of specialty and commodity chemicals including polyurethanes, epoxy resins and performance products.
Earns most from MDI, a chemical that goes into polyurethane foam for insulation, appliances and cars, so profit follows the gap between MDI prices and raw-material costs, which depends on how much supply is running. The company has shed businesses over the years, including the pigments maker Venator it floated in 2017.
Moat: narrow (scale, process know-how). Large-scale integrated MDI/polyurethane production, but exposed to commodity chemical pricing cycles.
Headquarters: The Woodlands, Texas, US · Founded: 1970 · Employees: 6,000
Size Huntsman (HUN) is a United States Materials company (Chemicals: Major Diversified) with a market value of $1.66B, the 1920th largest of 3,117 United States companies the cockpit tracks. Shares closed at $9.45 on 6 Nov 2026.
Performance Over six months the shares fell 36.8%, against -12.8% for the median peer and -1.1% for the United States market (cap-weighted) — 4th lowest of 19 in its peer set.
Growth Revenue grew 6.5% over the last twelve months (peer median +7.9%); the operating margin is 0.4% (peer median 9.3%).
Valuation It trades at 353.8× forward earnings against a peer median of 25.0× (most expensive of 17).
Capital Return on invested capital runs 6.3 points below its cost of capital (6.7% WACC).
Credit Huntsman has 3 bonds outstanding ($1.50B), rated BB by the agencies and trading like BB- at a weighted spread of 212 bp.
Short interest Short interest is 6.3% of the free float (15 Oct 2026).
Next results Next results expected around 23 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $6.16B | $5.68B | $6.04B | $6.11B | $8.02B |
| Revenue growth | — | -6% | -1% | -24% | — |
| Gross profit | $829M | $751M | $866M | $906M | $1.55B |
| EBITDA | $324M | $248M | $363M | $380M | $1.05B |
| Net income | -$164M | -$275M | -$162M | -$53.0M | $460M |
| Free cash flow | -$85.0M | $116M | $79.0M | -$21.0M | $642M |
| Capital expenditure | $158M | $173M | $184M | $230M | $272M |
| Total debt | $2.44B | $2.40B | $2.24B | $2.07B | $2.12B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Huntsman HUN | $1.66B | -37% | +6% | 0% | 353.8× | n/a |
| Covestro 1COV.DE | $14.0B | 0% | -9% | -3% | 200.3× | n/a |
| Basf BAS.DE | $52.6B | +2% | -4% | 7% | 16.8× | 5.7% |
| Dow DOW | $22.7B | -14% | +4% | 5% | 14.8× | 4.3% |
| Wanhua Chemical 600309.SS | $34.1B | -19% | +37% | 11% | 11.3× | -2.6% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | HUN | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +11.2% | -13.0% | 2nd highest of 21 |
| 6-month return | -36.8% | -12.8% | 4th lowest of 19 |
| Distance from 52-week high | -41.2% | -34.8% | 9th lowest of 21 |
| Revenue growth (TTM) | +6.5% | +7.9% | 11th highest of 21 |
| Operating margin | 0.4% | 9.3% | 4th lowest of 21 |
| Forward P/E | 353.8× | 25.0× | most expensive of 17 |
| ROIC minus cost of capital | -6.3 pp | -0.4 pp | 6th lowest of 21 |
| EV / EBITDA | 12.3× | 16.2× | 5th cheapest of 11 |
| Net debt / EBITDA | 6.4× | 1.1× | 2nd most indebted of 11 |
| Bond spread | 212 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Huntsman HUN | United States | $1.66B | -37% | +6% | 0% | 353.8× | n/a | n/a |
| Valiant 002643.SZ | China | $1.66B | -28% | +3% | 10% | 25.6× | 17.4% | +4.9% |
| Metis TechBio 7666.HK | Hong Kong | $1.66B | n/a | +6,987% | -367% | n/a | n/a | n/a |
| Nippon Kayaku 4272.T | Japan | $1.66B | +3% | +14% | 10% | 10.1× | -4.8% | +6.9% |
| Fine Organic Industries FINEORG.NS | India | $1.64B | +9% | +13% | 20% | 33.4× | 26.7% | +15.7% |
| Borregaard BRG.OL | Norway | $1.68B | +7% | +3% | 17% | 24.4× | -1.0% | +7.7% |
| AARTI Industries AARTIIND.NS | India | $1.71B | -9% | +40% | 9% | 29.1× | n/a | n/a |
| Advanced Echem Materials 4749.TWO | Taiwan | $1.72B | -39% | +19% | 25% | 33.1× | n/a | n/a |
| Alzchem ACT0.DE | Germany | $1.56B | n/a | +5% | 16% | 20.9× | -1.1% | +8.2% |
| Innospec IOSP | United States | $1.93B | -3% | +5% | 8% | 13.4× | 4.4% | +8.3% |
| Jilin Chemical Fibre Stock 000420.SZ | China | $1.42B | -25% | +11% | 5% | 154.0× | n/a | n/a |
| Privi Speciality Chemicals PRIVISCL.NS | India | $1.40B | -4% | +18% | 20% | 30.4× | 30.1% | +15.0% |
| Rianlon 300596.SZ | China | $1.39B | -7% | +11% | 11% | 14.7× | n/a | n/a |
| Jiangsu Shuangxing Color Plastic New Materials 002585.SZ | China | $1.38B | +5% | -4% | -4% | 62.8× | 22.5% | +0.2% |
| Shanghai Emperor of Cleaning Hi-Tech 603200.SS | China | $1.37B | -16% | +4% | -8% | n/a | n/a | n/a |
| Qingdao Huicheng Environmental Technology 300779.SZ | China | $2.02B | -9% | -13% | 5% | 129.3× | n/a | n/a |
| Isuspecialtychemical 457190.KS | South Korea | $1.36B | -49% | +14% | 3% | n/a | n/a | n/a |
| China Resources Chemical Innovative Materials 301090.SZ | China | $1.35B | -33% | +4% | 1% | 19.2× | 21.4% | +1.1% |
| Zhejiang Yongtai Technology 002326.SZ | China | $2.04B | -40% | +38% | 11% | n/a | n/a | n/a |
| Eternal Materials 1717.TW | Taiwan | $2.06B | -27% | -2% | 5% | 17.2× | 19.9% | +1.2% |
| Ingevity NGVT | United States | $2.07B | -21% | -12% | 25% | 10.4× | -0.9% | -0.8% |
Huntsman has 3 bonds outstanding with $1.50B face value. The agencies rate it BB; its bonds trade like BB-. Weighted yield 6.71%, a spread of 212 bp over government bonds.