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Methanex Corp (MEOH)

Methanex Corp (MEOH)
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Methanex Corporation is the world's largest supplier of methanol to North America, Asia-Pacific, Europe and Latin America. Around two-thirds of all methanol demand is used to produce traditional chemical derivatives including formaldehyde, acetic acid and a variety of other chemicals that form the basis of a large number of chemical derivatives for which demand is influenced by levels of global economic activity. The remaining one-third of methanol demand comes from energy related applications. Methanol is also used to produce methyl tertiary-butyl ether, a gasoline component, and an emerging application is for methanol demand into olefins. Methanex purchases methanol from others under contract and on the spot market to meet customer requirements. The company sells methanol through a global marketing and distribution system. Apart from the methanol made at its production sites, the company also purchases methanol manufactured by others under methanol offtake contracts and on the spot market.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 3,719,830 3,723,480 4,311,190 4,414,560 2,649,960
Sales Growth -0.10% -13.63% -2.34% +66.59% -19.29%
Net Income 163,990 174,140 353,830 482,360 -156,680
Net Income Growth -5.83% -50.78% -26.65% +407.86% -278.51%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 6,597,130 6,426,560 6,631,480 6,089,620 5,696,050
Total Assets Growth +2.65% -3.09% +8.90% +6.91% +9.61%
Total Liabilities 4,215,860 4,253,540 4,202,020 4,134,890 4,254,590
Total Liabilities Growth -0.89% +1.23% +1.62% -2.81% +19.30%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 737,180 660,270 987,350 993,930 461,080
Operating Cash Flow Growth +11.65% -33.13% -0.66% +115.57% -10.54%
Net Cash Flow 433,900 -399,730 -74,320 98,230 417,080
Change in Net Cash Flow +208.55% -437.85% -175.66% -76.45% +159.56%
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