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Side-by-side financial comparison of Huntsman CORP (HUN) and UNITED THERAPEUTICS Corp (UTHR). Click either name above to swap in a different company.

Huntsman CORP is the larger business by last-quarter revenue ($1.4B vs $790.2M, roughly 1.7× UNITED THERAPEUTICS Corp). UNITED THERAPEUTICS Corp runs the higher net margin — 46.1% vs -7.1%, a 53.2% gap on every dollar of revenue. On growth, UNITED THERAPEUTICS Corp posted the faster year-over-year revenue change (7.4% vs -6.7%). UNITED THERAPEUTICS Corp produced more free cash flow last quarter ($173.3M vs $19.0M). Over the past eight quarters, UNITED THERAPEUTICS Corp's revenue compounded faster (8.0% CAGR vs -4.0%).

Huntsman Corporation is an American multinational manufacturer and marketer of chemical products for consumers and industrial customers. Huntsman manufactures assorted polyurethanes, performance products, and adhesives for customers like BMW, GE, Chevron, Procter & Gamble, Unilever and Walkaroo. With global headquarters in The Woodlands, Texas, it operates more than 60 manufacturing, R&D and operations facilities in over 25 countries and employ approximately 7,000 associates across three busi...

United Therapeutics Corporation is an American biotechnology company that develops pharmaceuticals and technologies related to organ transplantation, including xenotransplantation. Many of the company's products are focused towards lung disease and organ manufacturing. United Therapeutics is co-headquartered in Silver Spring, Maryland and Research Triangle Park, North Carolina, with additional facilities in Magog and Bromont, Quebec; Melbourne and Jacksonville, Florida; Blacksburg, Virginia; ...

HUN vs UTHR — Head-to-Head

Bigger by revenue
HUN
HUN
1.7× larger
HUN
$1.4B
$790.2M
UTHR
Growing faster (revenue YoY)
UTHR
UTHR
+14.1% gap
UTHR
7.4%
-6.7%
HUN
Higher net margin
UTHR
UTHR
53.2% more per $
UTHR
46.1%
-7.1%
HUN
More free cash flow
UTHR
UTHR
$154.3M more FCF
UTHR
$173.3M
$19.0M
HUN
Faster 2-yr revenue CAGR
UTHR
UTHR
Annualised
UTHR
8.0%
-4.0%
HUN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HUN
HUN
UTHR
UTHR
Revenue
$1.4B
$790.2M
Net Profit
$-96.0M
$364.3M
Gross Margin
12.1%
86.9%
Operating Margin
-4.4%
45.1%
Net Margin
-7.1%
46.1%
Revenue YoY
-6.7%
7.4%
Net Profit YoY
31.9%
20.9%
EPS (diluted)
$-0.56
$7.66

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HUN
HUN
UTHR
UTHR
Q4 25
$1.4B
$790.2M
Q3 25
$1.5B
$799.5M
Q2 25
$1.5B
$798.6M
Q1 25
$1.4B
$794.4M
Q4 24
$1.5B
$735.9M
Q3 24
$1.5B
$748.9M
Q2 24
$1.6B
$714.9M
Q1 24
$1.5B
$677.7M
Net Profit
HUN
HUN
UTHR
UTHR
Q4 25
$-96.0M
$364.3M
Q3 25
$-25.0M
$338.7M
Q2 25
$-158.0M
$309.5M
Q1 25
$-5.0M
$322.2M
Q4 24
$-141.0M
$301.3M
Q3 24
$-33.0M
$309.1M
Q2 24
$22.0M
$278.1M
Q1 24
$-37.0M
$306.6M
Gross Margin
HUN
HUN
UTHR
UTHR
Q4 25
12.1%
86.9%
Q3 25
14.0%
87.4%
Q2 25
12.5%
89.0%
Q1 25
14.3%
88.4%
Q4 24
12.9%
89.7%
Q3 24
15.2%
88.9%
Q2 24
15.4%
89.1%
Q1 24
13.7%
89.2%
Operating Margin
HUN
HUN
UTHR
UTHR
Q4 25
-4.4%
45.1%
Q3 25
0.4%
48.6%
Q2 25
-8.2%
45.6%
Q1 25
3.0%
48.2%
Q4 24
-4.3%
48.6%
Q3 24
2.7%
45.8%
Q2 24
2.2%
44.7%
Q1 24
-2.6%
52.6%
Net Margin
HUN
HUN
UTHR
UTHR
Q4 25
-7.1%
46.1%
Q3 25
-1.7%
42.4%
Q2 25
-10.8%
38.8%
Q1 25
-0.4%
40.6%
Q4 24
-9.7%
40.9%
Q3 24
-2.1%
41.3%
Q2 24
1.4%
38.9%
Q1 24
-2.5%
45.2%
EPS (diluted)
HUN
HUN
UTHR
UTHR
Q4 25
$-0.56
$7.66
Q3 25
$-0.14
$7.16
Q2 25
$-0.92
$6.41
Q1 25
$-0.03
$6.63
Q4 24
$-0.82
$6.23
Q3 24
$-0.19
$6.39
Q2 24
$0.13
$5.85
Q1 24
$-0.22
$6.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HUN
HUN
UTHR
UTHR
Cash + ST InvestmentsLiquidity on hand
$429.0M
$2.9B
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$2.8B
$7.1B
Total Assets
$7.0B
$7.9B
Debt / EquityLower = less leverage
0.73×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HUN
HUN
UTHR
UTHR
Q4 25
$429.0M
$2.9B
Q3 25
$468.0M
$2.8B
Q2 25
$399.0M
$3.0B
Q1 25
$334.0M
$3.3B
Q4 24
$340.0M
$3.3B
Q3 24
$330.0M
$3.3B
Q2 24
$335.0M
$3.0B
Q1 24
$552.0M
$2.7B
Total Debt
HUN
HUN
UTHR
UTHR
Q4 25
$2.0B
Q3 25
$2.0B
Q2 25
$2.0B
Q1 25
$2.0B
Q4 24
$1.8B
Q3 24
$1.9B
Q2 24
$1.9B
Q1 24
$2.1B
Stockholders' Equity
HUN
HUN
UTHR
UTHR
Q4 25
$2.8B
$7.1B
Q3 25
$2.8B
$6.6B
Q2 25
$2.8B
$7.2B
Q1 25
$3.0B
$6.8B
Q4 24
$3.0B
$6.4B
Q3 24
$3.1B
$6.1B
Q2 24
$3.1B
$5.7B
Q1 24
$3.2B
$5.3B
Total Assets
HUN
HUN
UTHR
UTHR
Q4 25
$7.0B
$7.9B
Q3 25
$7.1B
$7.4B
Q2 25
$7.1B
$7.9B
Q1 25
$7.2B
$7.7B
Q4 24
$7.1B
$7.4B
Q3 24
$7.3B
$7.1B
Q2 24
$7.3B
$6.7B
Q1 24
$7.6B
$6.5B
Debt / Equity
HUN
HUN
UTHR
UTHR
Q4 25
0.73×
Q3 25
0.73×
Q2 25
0.72×
Q1 25
0.66×
Q4 24
0.62×
Q3 24
0.60×
Q2 24
0.62×
Q1 24
0.65×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HUN
HUN
UTHR
UTHR
Operating Cash FlowLast quarter
$76.0M
$346.2M
Free Cash FlowOCF − Capex
$19.0M
$173.3M
FCF MarginFCF / Revenue
1.4%
21.9%
Capex IntensityCapex / Revenue
4.2%
21.9%
Cash ConversionOCF / Net Profit
0.95×
TTM Free Cash FlowTrailing 4 quarters
$116.0M
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HUN
HUN
UTHR
UTHR
Q4 25
$76.0M
$346.2M
Q3 25
$196.0M
$562.1M
Q2 25
$91.0M
$191.7M
Q1 25
$-74.0M
$461.2M
Q4 24
$153.0M
$341.2M
Q3 24
$129.0M
$377.2M
Q2 24
$46.0M
$232.2M
Q1 24
$-65.0M
$376.5M
Free Cash Flow
HUN
HUN
UTHR
UTHR
Q4 25
$19.0M
$173.3M
Q3 25
$153.0M
$351.6M
Q2 25
$54.0M
$129.5M
Q1 25
$-110.0M
$386.3M
Q4 24
$102.0M
$254.5M
Q3 24
$88.0M
$300.7M
Q2 24
$-4.0M
$187.1M
Q1 24
$-107.0M
$338.3M
FCF Margin
HUN
HUN
UTHR
UTHR
Q4 25
1.4%
21.9%
Q3 25
10.5%
44.0%
Q2 25
3.7%
16.2%
Q1 25
-7.8%
48.6%
Q4 24
7.0%
34.6%
Q3 24
5.7%
40.2%
Q2 24
-0.3%
26.2%
Q1 24
-7.3%
49.9%
Capex Intensity
HUN
HUN
UTHR
UTHR
Q4 25
4.2%
21.9%
Q3 25
2.9%
26.3%
Q2 25
2.5%
7.8%
Q1 25
2.6%
9.4%
Q4 24
3.5%
11.8%
Q3 24
2.7%
10.2%
Q2 24
3.2%
6.3%
Q1 24
2.9%
5.6%
Cash Conversion
HUN
HUN
UTHR
UTHR
Q4 25
0.95×
Q3 25
1.66×
Q2 25
0.62×
Q1 25
1.43×
Q4 24
1.13×
Q3 24
1.22×
Q2 24
2.09×
0.83×
Q1 24
1.23×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HUN
HUN

Diversified$897.0M66%
Specialty$231.0M17%
Performance Products$113.0M8%
Advanced Materials$61.0M5%
Related Party Customers$19.0M1%
Other$12.0M1%

UTHR
UTHR

Tyvaso DPI$338.6M43%
Remodulin$128.0M16%
Nebulized Tyvaso$125.7M16%
Orenitram$121.2M15%
Unituxin$62.3M8%
Adcirca$7.8M1%
Other$6.6M1%

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