HUN|Huntsman CORP
Chemicals & Allied Products
- Revenue
- $5.7B
- ▼ 5.8% YoY
- Operating margin
- -2.3%
- ▼ 457% YoY
- EBITDA
- $156M
- ▼ 41% YoY
- Market cap
- $1.7B
- Employees
- 6,000
- $947K revenue each
- Net debt / EBITDA
- 10.8×
- $1.7B net debt
- AI in 10-K
- 0.8
- mentions per 10K words
TSR below peersNo
—
3+ of last 5 years
High CEO pay despite TSRNo
—
Median CEO pay ≥ $15M while TSR trails
Earnings not backed by cashNo
—
Cash flow under 80% of net income
Dilutive SBCNo
1% of revenue
Over 10% of revenue
Payouts exceed cash flowNo
51% of cash flow
Buybacks + dividends over cash flow
Goodwill-heavyNo
9% of assets
Over 40% of assets
Shareholder dissentNo
88% lowest support
Any vote under 80% support
Buyer economics 1 of 4
Low revenue per employeeNo
$947K · 74th pct
Bottom quartile of its SIC industry
Quiet on AINo
0.8 per 10K words · 30th pct
Bottom quartile of AI mentions in 10-Ks
Net cashNo
10.8× EBITDA net debt
More cash than debt, positive EBITDA
Buyout-sizedYes
$1.7B market cap
Market cap $500M–$5B
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY | Trend |
|---|
| Revenue | $7.7B | $8.0B | $6.1B | $6.0B | $5.7B | ▼ 5.8% | |
|---|
| Operating income | $731M | $672M | $84M | −$25M | −$131M | ▼ 424% | |
|---|
| Net income | $1.0B | $460M | $101M | −$189M | −$284M | ▼ 50% | |
|---|
| Operating cash flow | $952M | $914M | $209M | $263M | $289M | ▲ 9.9% | |
|---|
| Capex | $326M | $272M | $230M | $184M | $173M | ▼ 6.0% | |
|---|
| Stock-based comp | $30M | $29M | $28M | $30M | $31M | ▲ 3.3% | |
|---|
| Buybacks | $200M | $1.0B | $349M | $4M | $0 | ▼ 100% | |
|---|
| Dividends | $159M | $171M | $169M | $174M | $146M | ▼ 16% | |
|---|
Deal filings
| Filed | Form | Acquirer | Price | Premium |
|---|
| Jul 13, 2026 | DEFM14A | — | $11.06 | 30.5% |
13D filers
| Filed | Filer | Form | Stake | Intent |
|---|
| Feb 20, 2026 | Huntsman Peter R | SCHEDULE 13D | 5.1% | Passive |
| May 19, 2022 | Starboard Value LP | SC 13D/A | 5.0% | Passive |
| Apr 6, 2022 | Starboard Value LP | SC 13D/A | — | Passive |
| Jan 12, 2022 | Starboard Value LP | SC 13D/A | — | Passive |
| Sep 27, 2021 | Starboard Value LP | SC 13D | — | Passive |
| Nov 24, 2020 | Huntsman Foundation | SC 13D/A | 4.5% | Passive |
| Dec 17, 2019 | Huntsman Foundation | SC 13D/A | 5.3% | Passive |
Insider trading
- Open-market buys, 12 mo
- $1M · 2
- Open-market sells, 12 mo
- $0 · 0
- Net
- $1M
Pay vs performance
No pay-versus-performance disclosure yet.