Eastman Financial Statements From 2010 to 2026

EMN Stock  USD 64.77  0.43  0.67%   
Eastman Chemical's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Eastman Chemical's valuation are provided below:
Gross Profit
2.1 B
Profit Margin
0.0775
Market Capitalization
7.4 B
Enterprise Value Revenue
1.3215
Revenue
B
We have found one hundred twenty available fundamental signals for Eastman Chemical, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to verify Eastman Chemical's prevailing fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 5th of January 2026, Market Cap is likely to drop to about 3 B. In addition to that, Enterprise Value is likely to drop to about 4.3 B

Eastman Chemical Total Revenue

7.86 Billion

Check Eastman Chemical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eastman Chemical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 450.8 M, Interest Expense of 128.7 M or Total Revenue of 7.9 B, as well as many indicators such as Price To Sales Ratio of 0.77, Dividend Yield of 0.0329 or PTB Ratio of 2.86. Eastman financial statements analysis is a perfect complement when working with Eastman Chemical Valuation or Volatility modules.
  
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Check out the analysis of Eastman Chemical Correlation against competitors.
To learn how to invest in Eastman Stock, please use our How to Invest in Eastman Chemical guide.

Eastman Chemical Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets10.4 B17.5 B13.7 B
Slightly volatile
Short and Long Term Debt Total3.7 B5.8 B5.1 B
Pretty Stable
Other Current Liabilities722 M757.9 M650.2 M
Slightly volatile
Total Current Liabilities1.6 B3.1 BB
Slightly volatile
Total Stockholder EquityB6.6 B4.7 B
Slightly volatile
Property Plant And Equipment Net4.5 B6.5 BB
Slightly volatile
Net Debt3.3 B4.8 B4.7 B
Pretty Stable
Retained Earnings12.1 B11.5 B6.9 B
Slightly volatile
Accounts Payable764.5 M1.5 B906.5 M
Slightly volatile
CashB962.5 M434.5 M
Slightly volatile
Non Current Assets Total7.8 B12.8 B10.5 B
Slightly volatile
Non Currrent Assets Other536.4 M958 M581 M
Slightly volatile
Cash And Short Term InvestmentsB962.5 M446.3 M
Slightly volatile
Net ReceivablesB1.3 B1.2 B
Slightly volatile
Common Stock Shares Outstanding120.2 M106.1 M138.4 M
Slightly volatile
Liabilities And Stockholders Equity10.4 B17.5 B13.7 B
Slightly volatile
Non Current Liabilities Total5.5 B7.7 B7.1 B
Pretty Stable
Inventory2.4 B2.3 B1.5 B
Slightly volatile
Other Current Assets156.9 M119.6 M166.5 M
Pretty Stable
Total Liabilities7.2 B10.8 B9.1 B
Slightly volatile
Total Current Assets2.6 B4.7 B3.2 B
Slightly volatile
Property Plant And Equipment Gross16.9 B16.1 B8.2 B
Slightly volatile
Common Stock Total Equity1.6 M2.3 M1.9 M
Slightly volatile
Common Stock1.6 M2.3 M1.9 M
Slightly volatile
Short Term Debt301.3 M517.5 M406.5 M
Slightly volatile
Intangible Assets1.3 B1.2 B1.7 B
Pretty Stable
Other LiabilitiesB2.3 B2.2 B
Pretty Stable
Other Assets630.1 M769.4 M749.1 M
Pretty Stable
Long Term DebtB5.3 B4.8 B
Pretty Stable
Good Will2.4 B4.2 B3.4 B
Slightly volatile
Property Plant Equipment4.7 B6.6 B5.1 B
Slightly volatile
Retained Earnings Total Equity6.2 B10.3 B6.5 B
Slightly volatile
Long Term Debt Total5.1 B5.3 B4.9 B
Pretty Stable
Capital SurpluseB2.8 B1.9 B
Slightly volatile
Deferred Long Term Liabilities741.7 M771.6 M706.6 M
Slightly volatile
Non Current Liabilities Other1.3 B830.7 M1.5 B
Slightly volatile
Long Term Investments132.9 M200.1 M143.1 M
Slightly volatile
Short and Long Term Debt503.5 M517.5 M427.1 M
Slightly volatile
Cash And EquivalentsB962.5 M397.8 M
Slightly volatile
Net Invested CapitalB9.7 B11.3 B
Slightly volatile
Net Working CapitalB1.3 B1.2 B
Very volatile
Capital Stock1.6 M1.8 MM
Slightly volatile

Eastman Chemical Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization450.8 M585.4 M496.5 M
Slightly volatile
Total Revenue7.9 B10.8 B8.9 B
Slightly volatile
Gross Profit1.8 B2.6 B2.2 B
Pretty Stable
Other Operating Expenses6.9 B9.2 B7.7 B
Slightly volatile
Operating Income948.2 M1.6 B1.3 B
Pretty Stable
EBIT910.3 M1.5 B1.2 B
Pretty Stable
EBITDA1.4 B2.1 B1.7 B
Pretty Stable
Cost Of Revenue6.1 B8.2 B6.8 B
Slightly volatile
Total Operating Expenses846.1 M1.1 B903.8 M
Slightly volatile
Income Before Tax727.5 M1.2 BB
Very volatile
Research Development212.1 M287.5 M225.1 M
Slightly volatile
Selling General Administrative573 M763.6 M638.3 M
Slightly volatile
Net Income Applicable To Common Shares700.3 MB820.3 M
Slightly volatile
Extraordinary Items21.9 M23 M150.6 M
Slightly volatile
Net Income From Continuing Ops858.8 MB821.7 M
Slightly volatile
Discontinued Operations1.7 M1.8 M2.7 M
Slightly volatile
Interest Income13.7 M14.4 M129.6 M
Slightly volatile
Selling And Marketing Expenses116 M82.8 M123 M
Slightly volatile
Reconciled Depreciation439.8 M458.1 M553.2 M
Slightly volatile

Eastman Chemical Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow546.2 M791.2 M746.3 M
Pretty Stable
Begin Period Cash Flow351.4 M630.2 M349.8 M
Slightly volatile
Depreciation451.1 M585.4 M496.9 M
Slightly volatile
Dividends Paid457.6 M435.9 M289.7 M
Slightly volatile
Capital Expenditures523.2 M688.9 M560 M
Slightly volatile
Total Cash From Operating Activities1.1 B1.5 B1.3 B
Slightly volatile
Net Income560 MB810.2 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.771.021.1535
Very volatile
Dividend Yield0.03290.04090.0261
Slightly volatile
PTB Ratio2.862.122.5506
Slightly volatile
Days Sales Outstanding51.5652.4448.8266
Slightly volatile
Book Value Per Share47.3945.1334.7754
Slightly volatile
Free Cash Flow Yield0.07480.07420.0708
Very volatile
Operating Cash Flow Per Share5.379.939.2341
Slightly volatile
Capex To Depreciation1.331.351.1814
Very volatile
PB Ratio2.862.122.5506
Slightly volatile
EV To Sales1.081.421.6665
Very volatile
Free Cash Flow Per Share2.765.315.2572
Pretty Stable
ROIC0.06320.08050.0855
Slightly volatile
Inventory Turnover7.144.15.0807
Slightly volatile
Days Of Inventory On Hand48.5492.0874.8377
Slightly volatile
Payables Turnover9.76.237.9432
Slightly volatile
Sales General And Administrative To Revenue0.05660.06370.0695
Slightly volatile
Research And Ddevelopement To Revenue0.03060.02660.0259
Pretty Stable
Capex To Revenue0.0770.07340.0653
Very volatile
Cash Per Share6.786.463.2524
Slightly volatile
POCF Ratio5.837.457.9689
Very volatile
Interest Coverage7.77.337.033
Slightly volatile
Capex To Operating Cash Flow0.590.540.4596
Very volatile
PFCF Ratio17.813.9415.9313
Very volatile
Days Payables Outstanding36.4460.6347.7258
Slightly volatile
Income Quality2.861.631.8332
Very volatile
EV To Operating Cash Flow8.2210.3811.4454
Very volatile
EV To Free Cash Flow26.719.4122.6896
Very volatile
Intangibles To Total Assets0.180.280.3323
Very volatile
Net Debt To EBITDA1.872.092.7448
Very volatile
Current Ratio1.831.741.7045
Slightly volatile
Receivables Turnover6.357.27.5894
Slightly volatile
Graham Number87.8483.6667.734
Slightly volatile
Shareholders Equity Per Share46.844.5734.3125
Slightly volatile
Debt To Equity1.321.01.2248
Slightly volatile
Capex Per Share2.624.623.9775
Slightly volatile
Revenue Per Share39.4272.3563.5142
Slightly volatile
Interest Debt Per Share42.3840.3639.1352
Slightly volatile
Debt To Assets0.270.30.3653
Slightly volatile
Enterprise Value Over EBITDA6.417.418.9415
Very volatile
Short Term Coverage Ratios3.123.293.9203
Pretty Stable
Operating Cycle86.03133122
Slightly volatile
Price Book Value Ratio2.862.122.5506
Slightly volatile
Days Of Payables Outstanding36.4460.6347.7258
Slightly volatile
Price To Operating Cash Flows Ratio5.837.457.9689
Very volatile
Price To Free Cash Flows Ratio17.813.9415.9313
Very volatile
Pretax Profit Margin0.06980.10.1102
Slightly volatile
Ebt Per Ebit0.90.78340.8054
Very volatile
Operating Profit Margin0.0880.130.14
Slightly volatile
Company Equity Multiplier3.853.033.2466
Slightly volatile
Long Term Debt To Capitalization0.570.510.5245
Slightly volatile
Total Debt To Capitalization0.580.530.5416
Slightly volatile
Return On Capital Employed0.120.130.1164
Slightly volatile
Debt Equity Ratio1.321.01.2248
Slightly volatile
Ebit Per Revenue0.0880.130.14
Slightly volatile
Quick Ratio1.120.90.9566
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.181.3161.571
Slightly volatile
Cash Ratio0.210.280.2023
Very volatile
Cash Conversion Cycle51.8772.4974.5744
Pretty Stable
Operating Cash Flow Sales Ratio0.150.160.1493
Very volatile
Days Of Inventory Outstanding48.5492.0874.8377
Slightly volatile
Days Of Sales Outstanding51.5652.4448.8266
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.370.480.5392
Very volatile
Cash Flow Coverage Ratios0.370.30.2774
Pretty Stable
Price To Book Ratio2.862.122.5506
Slightly volatile
Fixed Asset Turnover1.41.51.7755
Slightly volatile
Capital Expenditure Coverage Ratio1.71.932.346
Very volatile
Price Cash Flow Ratio5.837.457.9689
Very volatile
Enterprise Value Multiple6.417.418.9415
Very volatile
Debt Ratio0.270.30.3653
Slightly volatile
Cash Flow To Debt Ratio0.370.30.2774
Pretty Stable
Price Sales Ratio0.771.021.1535
Very volatile
Asset Turnover0.920.710.7016
Slightly volatile
Gross Profit Margin0.250.280.2508
Slightly volatile
Price Fair Value2.862.122.5506
Slightly volatile

Eastman Chemical Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapB3.9 B4.2 B
Pretty Stable
Enterprise Value4.3 B4.7 B5.1 B
Slightly volatile

Eastman Fundamental Market Drivers

Forward Price Earnings10.3306
Cash And Short Term Investments837 M

Eastman Upcoming Events

1st of February 2024
Upcoming Quarterly Report
View
25th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
1st of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Eastman Chemical Financial Statements

Eastman Chemical investors utilize fundamental indicators, such as revenue or net income, to predict how Eastman Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-109.2 M-103.8 M
Total Revenue10.8 B7.9 B
Cost Of Revenue8.2 B6.1 B
Sales General And Administrative To Revenue 0.06  0.06 
Research And Ddevelopement To Revenue 0.03  0.03 
Capex To Revenue 0.07  0.08 
Revenue Per Share 72.35  39.42 
Ebit Per Revenue 0.13  0.09 

Pair Trading with Eastman Chemical

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eastman Chemical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eastman Chemical will appreciate offsetting losses from the drop in the long position's value.

Moving against Eastman Stock

  0.43ADVWW Advantage SolutionsPairCorr
  0.38BKRKF PT Bank RakyatPairCorr
The ability to find closely correlated positions to Eastman Chemical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eastman Chemical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eastman Chemical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eastman Chemical to buy it.
The correlation of Eastman Chemical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eastman Chemical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eastman Chemical moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eastman Chemical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Eastman Chemical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eastman Chemical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eastman Chemical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eastman Chemical Stock:
Check out the analysis of Eastman Chemical Correlation against competitors.
To learn how to invest in Eastman Stock, please use our How to Invest in Eastman Chemical guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Diversified Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eastman Chemical. If investors know Eastman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eastman Chemical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.74)
Dividend Share
3.32
Earnings Share
5.99
Revenue Per Share
78.384
Quarterly Revenue Growth
(0.11)
The market value of Eastman Chemical is measured differently than its book value, which is the value of Eastman that is recorded on the company's balance sheet. Investors also form their own opinion of Eastman Chemical's value that differs from its market value or its book value, called intrinsic value, which is Eastman Chemical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eastman Chemical's market value can be influenced by many factors that don't directly affect Eastman Chemical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eastman Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastman Chemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastman Chemical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.