Huntsman Historical Income Statement
HUN Stock | USD 19.42 0.07 0.36% |
Historical analysis of Huntsman income statement accounts such as Total Revenue of 9.4 B or Gross Profit of 1.6 B can show how well Huntsman performed in making a profits. Evaluating Huntsman income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Huntsman's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Huntsman latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Huntsman is a good buy for the upcoming year.
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About Huntsman Income Statement Analysis
Huntsman Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Huntsman shareholders. The income statement also shows Huntsman investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Huntsman Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Huntsman generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Huntsman. It is also known as Huntsman overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Huntsman income statement and represents the costs associated with goods and services Huntsman provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Huntsman income statement and is an important metric when analyzing Huntsman profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from Huntsman's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Huntsman current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntsman. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Huntsman Stock, please use our How to Invest in Huntsman guide.At this time, Huntsman's Selling General Administrative is very stable compared to the past year. As of the 21st of November 2024, Research Development is likely to grow to about 142.9 M, while Depreciation And Amortization is likely to drop about 250.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 6.7B | 6.5B | 5.2B | 5.9B | EBITDA | 1.6B | 1.1B | 442M | 419.9M |
Huntsman income statement Correlations
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Huntsman Account Relationship Matchups
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Huntsman income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 171.9K | 346M | 335M | 336M | 278M | 250.8M | |
Interest Expense | 111M | 86M | 67M | 62M | 65M | 61.8M | |
Total Revenue | 6.8B | 6.0B | 8.5B | 8.0B | 6.1B | 9.4B | |
Gross Profit | 1.4B | 1.1B | 1.8B | 1.5B | 906M | 1.6B | |
Other Operating Expenses | 6.4B | 5.5B | 7.6B | 7.3B | 6.0B | 8.9B | |
Operating Income | 232M | 277M | 795M | 672M | 84M | 79.8M | |
Ebit | 501.8M | 214M | 1.3B | 759M | 164M | 155.8M | |
Ebitda | 502M | 560M | 1.6B | 1.1B | 442M | 419.9M | |
Cost Of Revenue | 5.4B | 4.9B | 6.7B | 6.5B | 5.2B | 5.9B | |
Net Income | 429M | 291M | 1.0B | 460M | 101M | 183.4M | |
Income Tax Expense | 64M | 97M | (38M) | 209M | 186M | 90.3M | |
Total Operating Expenses | 954M | 618M | 940M | 788M | 822M | 794.5M | |
Selling General Administrative | 786M | 775M | 851M | 711M | 689M | 879.2M | |
Research Development | 137M | 135M | 150M | 125M | 115M | 142.9M | |
Income Before Tax | 391M | 337M | 1.3B | 697M | 99M | 94.1M | |
Extraordinary Items | 170M | 775M | 49M | 12M | 13.8M | 13.1M | |
Total Other Income Expense Net | 159M | 60M | 515M | 25M | 15M | 15.8M | |
Minority Interest | 36M | 32M | 59M | (63M) | (52M) | (49.4M) | |
Net Income Applicable To Common Shares | 562M | 1.0B | 1.0B | 460M | 529M | 453.5M | |
Discontinued Operations | 169M | 775M | 49M | 12M | 13.8M | 13.1M | |
Net Income From Continuing Ops | 429M | 291M | 1.1B | 511M | 35M | 33.3M | |
Non Operating Income Net Other | 81M | 51M | 78M | 148M | 170.2M | 178.7M | |
Tax Provision | 97M | (38M) | 46M | 209M | 186M | 94.7M | |
Interest Income | 75M | 132M | 48M | 7M | 6.3M | 6.0M | |
Net Interest Income | (111M) | (86M) | (67M) | (62M) | (65M) | (68.3M) | |
Reconciled Depreciation | 270M | 283M | 296M | 281M | 278M | 236.6M |
Pair Trading with Huntsman
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Huntsman position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Huntsman will appreciate offsetting losses from the drop in the long position's value.Moving together with Huntsman Stock
Moving against Huntsman Stock
0.6 | WLKP | Westlake Chemical | PairCorr |
0.58 | WS | Worthington Steel | PairCorr |
0.43 | CMC | Commercial Metals | PairCorr |
0.38 | RS | Reliance Steel Aluminum | PairCorr |
The ability to find closely correlated positions to Huntsman could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Huntsman when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Huntsman - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Huntsman to buy it.
The correlation of Huntsman is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Huntsman moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Huntsman moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Huntsman can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntsman. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Huntsman Stock, please use our How to Invest in Huntsman guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Diversified Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Huntsman. If investors know Huntsman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Huntsman listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.206 | Dividend Share 0.988 | Earnings Share (0.60) | Revenue Per Share 34.793 | Quarterly Revenue Growth 0.023 |
The market value of Huntsman is measured differently than its book value, which is the value of Huntsman that is recorded on the company's balance sheet. Investors also form their own opinion of Huntsman's value that differs from its market value or its book value, called intrinsic value, which is Huntsman's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Huntsman's market value can be influenced by many factors that don't directly affect Huntsman's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Huntsman's value and its price as these two are different measures arrived at by different means. Investors typically determine if Huntsman is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huntsman's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.