Companies /Basic Materials

Huntsman Corp

NYSE: HUN Chemicals
$9.49
▼ $0.16 (−1.70%) today
Markets open · 1:35pm ET

Q2 2025 Earnings

Reported Jul 31, 2025, 4:30pm ET · SEC source
$-0.20
Miss −64.34%
EPS · est. $-0.12
$1.5B
Miss −2.46%
Revenue · est. $1.5B
+13.9%
Beating market
HUN vs S&P since report
1 quarter
Consecutive EPS misses

Market Reaction

% change · around the report
−6%−3%0Jul 31Aug 1report 4:30pm ETearnings−1.7%−4.4%
−6%−3%0Jul 31Aug 1earnings−1.7%−4.4%
HUN −4.4%S&P 500 −1.7%
−6%−3%0Jul 31Aug 1report 4:30pm ETearnings−2.0%−4.4%
−6%−3%0Jul 31Aug 1earnings−2.0%−4.4%
HUN −4.4%NASDAQ −2.0%
−6%−3%0+3%Jul 30Aug 8report 4:30pm ETearnings+1.0%−2.6%
−6%−3%0+3%Jul 30Aug 8earnings+1.0%−2.6%
HUN −2.6%S&P 500 +1.0%
−6%−3%0+3%Jul 30Aug 8report 4:30pm ETearnings+2.0%−2.6%
−6%−3%0+3%Jul 30Aug 8earnings+2.0%−2.6%
HUN −2.6%NASDAQ +2.0%
−5.05%
Day of report
+1.63%
Next session
+2.71%
One week
+17.48%
30 days

S&P 500 over the same 30 days: +3.54%.

Did HUN Beat Earnings? Q2 2025 Results

Huntsman Corporation delivered a deeply disappointing second quarter, missing analyst expectations on both the top and bottom lines as deteriorating global construction and industrial markets took a heavy toll on results. The specialty chemicals company posted an adjusted loss of $0.20 per share, falling well short of the consensus estimate of $0.12 per diluted loss, a 64.34% miss, while revenue slid 7.4% year-over-year to $1.46 billion against expectations of $1.49 billion. The primary culprit was Huntsman's largest segment, Polyurethanes, where adjusted EBITDA collapsed 61% to $31 million as weaker MDI pricing, reduced construction-related demand, and a Rotterdam facility turnaround combined to squeeze margins dramatically. Companywide adjusted EBITDA fell to $74 million from $131 million a year ago. Management offered little relief for the near term, signaling no meaningful improvement in construction or industrial demand is expected in the third quarter, while an expanding restructuring program, including facility closures and a nearly 10% global workforce reduction, underscores the severity of the headwinds Huntsman now faces.

Key Takeaways
  • Lower MDI average selling prices due to unfavorable supply/demand dynamics
  • Reduced sales volumes from lower demand in construction-related markets
  • Scheduled turnaround at Rotterdam, Netherlands manufacturing facility in Q2 2025
  • Lower operating rates at Moers, Germany facility
  • Softer market conditions in coatings and aerospace markets
  • Lower equity earnings from minority-owned joint venture in China
  • Favorable working capital swing of $100 million supporting cash flow
  • Lower raw materials costs partially offsetting price declines

“The second quarter played out largely as expected as lower global construction and industrial activity pressured our volumes. The seasonal uplift in construction demand we typically experience in the second quarter was muted in 2025 and we do not believe that these trends will change in a meaningful way in the third quarter.”

Huntsman CEO, on the earnings call

Forward Guidance & Outlook

Management does not expect meaningful improvement in construction or industrial demand trends in the third quarter of 2025. The company expects full-year 2025 capital expenditures of approximately $180 million to $190 million. The restructuring program initiated in late 2024 continues to expand and will ultimately reduce the global workforce by nearly 10%, with the European region experiencing the largest reductions.

HUN YoY Financials

Q2 2025 vs Q2 2024 · SEC filings Q2 2024 Q2 2025
$0$500.0M$1.0B$1.5B$1.6B$1.5BRevenue$243.0M$182.0MGross Profit
$0$500.0M$1.0B$1.5BRevenueGross Profit

HUN Revenue by Segment

Polyurethanes$932.0M−7.0%
Advanced Materials$264.0M−5.0%
Performance Products$270.0M−10.0%

Figures from SEC filings and company reports. Not investment advice.