Friday, February 22, 2013

US Big Chemical Corps 4Q 2012 Earnings Up 14%

I found 12 US Chemical Corps filing with the SEC, which have already released their 4Q 2012 earnings and which also generated Adjusted After-tax Net Income of more than $100 mil in either the 4Q 2012 or in the 4Q 2011.

These 12 US Chemical Corps generated Total Adjusted After-tax Net Income of $3,664 mil in the 4Q 2012, up a robust 14% from the 4Q 2011.  Lyondell Bassell Industries, Monsanto, Dow Chemical and Eastman Chemical were the main drivers of this excellent earnings growth.

Below is the Ongoing, Adjusted After-tax Net Income of these 12 US Chemical Corps for both the 4Q 2012 and the 4Q 2011.



4Q 2012 4Q 2011


Non-GAAP Non-GAAP


Adjusted Adjusted Increase Increase

Net Net (Decrease) (Decrease)
Company Income Income Amount %

mils of $s mils of $s mils of $s
Chemicals








LyondellBasell Industries 645 328 317 97%
CF Industries 471 439 32 7%
Mosaic 451 626 (175) -28%
Praxair 414 414 0 0%
Dow Chemical 389 289 100 35%
Monsanto 342 134 208 155%
Air Products & Chemicals 277 270 7 3%
Eastman Chemical 187 110 77 70%
Terra Nitrogen Partnership 150 130 20 15%
Sigma Aldrich 116 110 6 5%
FMC 112 112 0 0%
DuPont 110 246 (136) -55%





Total all 12 3,664 3,208 456 14%