The Chemours Company
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.81B | $5.78B | $6.03B | $6.79B | $6.35B | $4.97B | $5.53B | $6.64B |
| Titanium Technologies | — | — | $2.67B | $3.45B | $3.36B | $2.42B | $2.60B | $3.21B |
| Fluoroproducts | — | — | $0 | $0 | $0 | $0 | $0 | $2.85B |
| Thermal & Specialized Solutions | — | — | $1.80B | $1.63B | $1.42B | $1.14B | $1.25B | $0 |
| Advanced Performance Materials | — | — | $1.48B | $1.62B | $1.40B | $1.04B | $1.37B | $0 |
| Chemical Solutions | — | — | $79.0M | $102.0M | $170.0M | $382.0M | $304.0M | $584.0M |
| Cost of Revenue | $4.91B | $4.64B | $4.78B | $5.22B | $4.96B | $3.90B | $4.46B | $4.67B |
| Gross Profit | $902.0M | $1.14B | $1.30B | $1.62B | $1.38B | $1.07B | $1.06B | $1.97B |
| Gross Margin | 15.5% | 19.8% | 21.6% | 23.8% | 21.8% | 21.5% | 19.2% | 29.7% |
| Operating Expenses | ||||||||
| Research & Development | $108.0M | $109.0M | $108.0M | $118.0M | $107.0M | $93.0M | $80.0M | $82.0M |
| SG&A Expense | $799.0M | $598.0M | $1.29B | $710.0M | $592.0M | $527.0M | $548.0M | $657.0M |
| Operating Income | $-8.0M | $369.0M | $-110.0M | $904.0M | $861.0M | $389.0M | $84.0M | $1.35B |
| Operating Margin | -0.1% | 6.4% | -1.8% | 13.3% | 13.6% | 7.8% | 1.5% | 20.3% |
| Interest Expense | $269.0M | $263.0M | $208.0M | $163.0M | $185.0M | $210.0M | $208.0M | $195.0M |
| Pretax Income | $-277.0M | $106.0M | $-318.0M | $741.0M | $676.0M | $179.0M | $-124.0M | $1.16B |
| Income Tax Expense | $109.0M | $37.0M | $-66.0M | $163.0M | $68.0M | $-40.0M | $-72.0M | $159.0M |
| Net Income | $-386.0M | $69.0M | $-253.0M | $578.0M | $608.0M | $219.0M | $-52.0M | $995.0M |
| Net Margin | -6.6% | 1.2% | -4.2% | 8.5% | 9.6% | 4.4% | -0.9% | 15.0% |
| EPS (Basic) | $-2.57 | $0.46 | $-1.70 | $3.72 | $3.69 | $1.33 | $-0.32 | $5.62 |
| EPS (Diluted) | $-2.57 | $0.46 | $-1.70 | $3.65 | $3.60 | $1.32 | $-0.32 | $5.45 |
| Shares Outstanding (Basic) | 150.2M | 149.5M | 148.9M | 155.4M | 164.9M | 164.7M | 164.8M | 177.0M |
| Shares Outstanding (Diluted) | 150.2M | 150.2M | 148.9M | 158.3M | 168.7M | 166.3M | 164.8M | 182.6M |
| Dividends Per Share | $0.51 | $1.00 | $1.00 | $1.00 | $1.00 | $1.00 | $1.00 | $0.67 |