The Chemours Company provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. The company operates through three segments: Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials. The Thermal & Specialized Solutions segment provides refrigerants, thermal management solutions, propellants, foam blowing agents, and specialty solvents under the Freon and Opteon brand names. The Titanium Technologies segment offers TiO2 pigment, a white pigment that delivers whiteness, brightness, opacity, durability, efficiency, and protection in applications, including architectural and industrial coatings, flexible and rigid plastic packaging, polyvinylchloride, laminate papers used for furniture and building materials, coated paper, and coated paperboard for use in packaging under the Ti-Pure brand name. The Advanced Performance Materials segment products portfolio includes various specialty product solutions, membranes, industrial resins, additives, films, and coatings for consumer electronics, semiconductors, digital communications, transportation, energy, oil and gas, and medical markets under the Teflon, Viton, Krytox, and Nafion brand names. It sells its products through direct and indirect channels, as well as through a network of resellers, third-party sales agents, and distributors. The Chemours Company was incorporated in 2014 and is headquartered in Wilmington, Delaware.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $5.8B | $332M | $-386M | $51M | -154.4% | 0.4% | -659.4% |
| 2024 | $5.8B | $661M | $69M | $-993M | 12.1% | -4.9% | -127.3% |
| 2023 | $6.1B | $199M | $-253M | $186M | -34.3% | -11.0% | -143.8% |
| 2022 | $6.8B | $1.2B | $578M | $448M | 52.2% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 6,831 | 6,078 | 5,782 | 5,808 |
| Operating Revenue | - | 6,831 | 6,078 | 5,782 | 5,808 |
| Cost Of Revenue | - | 5,215 | 4,776 | 4,640 | 4,906 |
| Gross Profit | - | 1,616 | 1,302 | 1,142 | 902 |
| Operating Expense | - | 830 | 1,425 | 721 | 930 |
| Research And Development | - | 118 | 108 | 109 | 108 |
| Selling General And Administration | - | 710 | 1,286 | 598 | 799 |
| Total Expenses | - | 6,045 | 6,201 | 5,361 | 5,836 |
| Operating Income | - | 786 | -123 | 421 | -28 |
| EBITDA | - | 1,195 | 199 | 661 | 332 |
| Normalized EBITDA | - | 1,196 | 250 | 770 | 376 |
| EBIT | - | 904 | -110 | 369 | -8 |
| Interest Expense | - | 163 | 208 | 263 | 269 |
| Net Interest Income | - | -163 | -208 | -263 | -269 |
| Other Non Operating Income Expenses | - | 64 | 19 | 14 | 29 |
| Other Income Expense | - | 118 | 13 | -52 | 20 |
| Interest Expense Non Operating | - | 163 | 208 | 263 | 269 |
| Net Non Operating Interest Income Expense | - | -163 | -208 | -263 | -269 |
| Pretax Income | - | 741 | -318 | 106 | -277 |
| Tax Provision | - | 163 | -66 | 37 | 109 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -0.22 | -10.61 | -38.04 | -9.24 |
| Net Income Continuous Operations | - | 578 | -252 | 69 | -386 |
| Net Income From Continuing And Discontinued Operation | - | 578 | -253 | 69 | -386 |
| Net Income From Continuing Operation Net Minority Interest | - | 578 | -253 | 69 | -386 |
| Net Income | - | 578 | -253 | 69 | -386 |
| Net Income Common Stockholders | - | 578 | -253 | 69 | -386 |
| Net Income Including Noncontrolling Interests | - | 578 | -252 | 69 | -386 |
| Normalized Income | - | 578.78 | -212.61 | 139.96 | -351.24 |
| Diluted NI Availto Com Stockholders | - | 578 | -253 | 69 | -386 |
| Basic Average Shares | - | 150.05 | 148.91 | 149.49 | 150.24 |
| Diluted Average Shares | - | 158.30 | 148.91 | 150.17 | 150.24 |
| Reconciled Depreciation | - | 291 | 309 | 292 | 340 |
| Reconciled Cost Of Revenue | - | 5,215 | 4,776 | 4,640 | 4,906 |
| Total Unusual Items | - | -1 | -51 | -109 | -44 |
| Total Unusual Items Excluding Goodwill | - | -1 | -51 | -109 | -44 |
| Minority Interests | - | 0 | -1 | 0 | 0 |
| Special Income Charges | - | 14 | -13 | -100 | -33 |
| Other Special Charges | - | -7 | 1 | 1 | 5 |
| Impairment Of Capital Assets | - | 0 | 0 | 56 | 0 |
| Restructuring And Mergern Acquisition | - | 14 | 122 | 46 | 36 |
| Gain On Sale Of Security | - | -15 | -38 | -9 | -11 |
| Gain On Sale Of Ppe | - | 21 | 110 | 3 | 8 |
| Other Operating Expenses | - | 2 | 31 | 14 | 23 |
| Earnings From Equity Interest | - | 55 | 45 | 43 | 35 |
Basic Materials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| The Chemours Companythis co. | CC | $3.3B | - | 13.03 | -154.4% | 21.03 |
| H.B. Fuller Company | FUL | $3.3B | 21.64 | 1.64 | 7.6% | 9.98 |
| Hawkins, Inc. | HWKN | $3.2B | 39.04 | 5.96 | 15.3% | 19.62 |
| Kaiser Aluminum Corporation | KALU | $3.1B | 27.14 | 3.70 | 13.6% | 12.82 |
| Alpha Metallurgical Resources, Inc. | AMR | $2.7B | -44.36 |
| - |
| - |
| - |
| - |
| - |
| 1.77 |
| -4.0% |
| 24.96 |
| WD-40 Company | WDFC | $2.7B | 30.11 | 10.19 | 33.8% | 24.47 |
| Quaker Chemical Corporation | KWR | $2.4B | -982.03 | 1.78 | -0.2% | 21.93 |
| Boise Cascade Company | BCC | $2.4B | 18.14 | 1.16 | 6.4% | 6.72 |
| Minerals Technologies Inc. | MTX | $2.4B | -129.26 | 1.39 | -1.1% | 22.86 |
| Peer Median | - | 19.89 | 1.77 | 7.0% | 20.77 | |