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Huntsman (Huntsman) Return-on-Tangible-Equity

: -12.31% (As of Dec. 2023)
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Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Huntsman's annualized net income for the quarter that ended in Dec. 2023 was $-284 Mil. Huntsman's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $2,308 Mil. Therefore, Huntsman's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -12.31%.

The historical rank and industry rank for Huntsman's Return-on-Tangible-Equity or its related term are showing as below:

HUN' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.06   Med: 22.96   Max: 43.56
Current: 4.06

During the past 13 years, Huntsman's highest Return-on-Tangible-Equity was 43.56%. The lowest was 4.06%. And the median was 22.96%.

HUN's Return-on-Tangible-Equity is ranked worse than
60.63% of 1524 companies
in the Chemicals industry
Industry Median: 6.195 vs HUN: 4.06

Huntsman Return-on-Tangible-Equity Historical Data

The historical data trend for Huntsman's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Huntsman Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.47 43.56 36.08 15.82 4.23

Huntsman Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.83 23.25 2.88 - -12.31

Competitive Comparison

For the Chemicals subindustry, Huntsman's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Huntsman Return-on-Tangible-Equity Distribution

For the Chemicals industry and Basic Materials sector, Huntsman's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Huntsman's Return-on-Tangible-Equity falls into.



Huntsman Return-on-Tangible-Equity Calculation

Huntsman's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=101/( (2558+2220 )/ 2 )
=101/2389
=4.23 %

Huntsman's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-284/( (2395+2220)/ 2 )
=-284/2307.5
=-12.31 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Huntsman  (NYSE:HUN) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Huntsman Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Huntsman's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Huntsman (Huntsman) Business Description

Traded in Other Exchanges
Address
10003 Woodloch Forest Drive, The Woodlands, TX, USA, 77380
Huntsman Corp is a us-based manufacturer of differentiated organic chemical products. Its product portfolio comprises Methyl diphenyl diisocyanate (MDI), Amines, Maleic anhydride, Epoxy-based polymer formulations. The company's products are used in adhesives, aerospace, automotive, construction products, among others. Its operating segments are Polyurethanes, Performance Products and Advanced Materials. It derives most of its revenue from the Polyurethanes segment which includes MDI, polyols, TPU (thermoplastic polyurethane), and other polyurethane-related products. Its geographical segments are the United States & Canada, Europe, Asia- Pacific, and the Rest of the world.
Executives
David M Stryker officer: Exec VP, GC and Sec 500 HUNTSMAN WAY, SALT LAKE CITY UT 84108
Curtis E Espeland director C/O EASTMAN CHEMICAL CO, 200 S WILCOX DRIVE, KINGSPORT TN 37660-5280
David B Sewell director 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Munoz Barcelo Jose Antonio director C/O HUNTSMAN CORPORATION, 10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380
Steven C. Jorgensen officer: VP & Controller 10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380
Philip M. Lister officer: Exec VP & CFO 10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380
Randy W. Wright officer: VP and Controller 500 HUNTSMAN WAY, SALT LAKE CITY UT 84108
Scott J Wright officer: Division President 500 HUNTSMAN WAY, SALT LAKE CITY UT 84108
Jeanne Mcgovern director 10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380
Mary C Beckerle director 500 HUNTSMAN WAY, SALT LAKE CITY UT 84108
Brittany Benko officer: Sr. VP, EHS 10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380
Charlton R. Hirsch officer: SVP, Performance Products 10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212
Sonia Dula director 4000 PONCE DE LEON BLVD., SUITE 650, CORAL GABLES FL 33146
Peter R Huntsman director, officer: President and CEO WATERWAY 1, 10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380