Eastman Financial Statements From 2010 to 2026

EMN Stock  USD 80.08  0.00  0.00%   
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
1.8 B
Profit Margin
0.0542
Market Capitalization
9.1 B
Enterprise Value Revenue
1.526
Revenue
8.8 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 16th of February 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

7.91 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 454.3 M, Interest Expense of 131.7 M or Total Revenue of 7.9 B, as well as many indicators such as Price To Sales Ratio of 0.76, Dividend Yield of 0.0546 or PTB Ratio of 1.17. 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 Assets10.6 B14.9 B13.6 B
Slightly volatile
Short and Long Term Debt Total3.7 B5.8 B5.1 B
Pretty Stable
Other Current Liabilities2.8 B2.7 B882.9 M
Slightly volatile
Total Current Liabilities1.7 B2.7 BB
Slightly volatile
Total Stockholder Equity3.3 BB4.5 B
Slightly volatile
Property Plant And Equipment Net4.5 B6.5 BB
Slightly volatile
Retained Earnings10.6 B10.1 B6.8 B
Slightly volatile
Accounts Payable764.5 M1.5 B906.5 M
Slightly volatile
Cash387.1 M566 M374.5 M
Slightly volatile
Non Current Assets TotalB11.2 B10.4 B
Slightly volatile
Non Currrent Assets Other6.9 B6.6 B1.2 B
Slightly volatile
Cash And Short Term Investments393.7 M566 M386.7 M
Slightly volatile
Net Receivables997.9 M737 M1.1 B
Slightly volatile
Common Stock Shares Outstanding119.3 M115.6 M138.9 M
Slightly volatile
Liabilities And Stockholders Equity10.6 B14.9 B13.6 B
Slightly volatile
Non Current Liabilities Total5.6 B6.2 BB
Very volatile
Inventory1.1 BB1.4 B
Slightly volatile
Other Current Assets380.1 M362 M193.9 M
Slightly volatile
Total Liabilities7.2 B8.8 BB
Slightly volatile
Total Current Assets2.6 B3.6 B3.1 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 Stock1.7 M2.3 M1.9 M
Slightly volatile
Short Term Debt301.3 M517.5 M406.5 M
Slightly volatile
Intangible Assets1.3 B970 M1.6 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 Will2.5 B3.7 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 Amortization454.3 M513 M492.4 M
Slightly volatile
Total Revenue7.9 B8.8 B8.8 B
Slightly volatile
Gross Profit1.8 B1.8 B2.1 B
Very volatile
Other Operating ExpensesB7.8 B7.6 B
Slightly volatile
Operating Income950.5 M931 M1.3 B
Very volatile
EBIT908.6 M776 M1.1 B
Very volatile
EBITDA1.4 B1.3 B1.6 B
Very volatile
Cost Of Revenue6.1 B6.9 B6.7 B
Slightly volatile
Total Operating Expenses850.9 M913 M895.9 M
Slightly volatile
Income Before Tax724.4 M568 M969.4 M
Very volatile
Research Development214.2 M255 M223.3 M
Slightly volatile
Selling General Administrative578 M658 M632.4 M
Pretty Stable
Net Income Applicable To Common Shares692.8 M474 M786.5 M
Very 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 Income111.3 M208 M146.7 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 Flow543.8 M424 M724.6 M
Very volatile
Begin Period Cash Flow878.9 M837 M393 M
Slightly volatile
Depreciation454.5 M513 M492.9 M
Slightly volatile
Dividends Paid223.1 M381 M272.7 M
Slightly volatile
Capital Expenditures525.5 M546 M551.7 M
Slightly volatile
Total Cash From Operating Activities1.1 B970 M1.3 B
Pretty Stable
Net Income558.9 M474 M776.6 M
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.760.83651.1421
Very volatile
Dividend Yield0.05460.0520.028
Slightly volatile
PTB Ratio1.171.22822.3988
Slightly volatile
Days Sales Outstanding51.0230.736447.5182
Very volatile
Book Value Per Share55.2652.63335.6797
Slightly volatile
Free Cash Flow Yield0.07450.05790.0698
Pretty Stable
Operating Cash Flow Per Share5.428.45689.1504
Slightly volatile
Capex To Depreciation1.331.06431.1646
Pretty Stable
PB Ratio1.171.22822.3988
Slightly volatile
EV To Sales1.060.77191.6272
Pretty Stable
Free Cash Flow Per Share2.773.69665.1629
Pretty Stable
ROIC0.06290.06380.0845
Slightly volatile
Inventory Turnover3.313.48894.8194
Slightly volatile
Days Of Inventory On Hand11010579.1817
Slightly volatile
Payables Turnover9.76.237.9432
Slightly volatile
Sales General And Administrative To Revenue0.050.06370.045
Slightly volatile
Research And Ddevelopement To Revenue0.03070.02910.0259
Very volatile
Capex To Revenue0.07680.06240.0646
Pretty Stable
Cash Per Share5.184.93463.0686
Slightly volatile
POCF Ratio5.847.54777.9752
Very volatile
Interest Coverage7.554.4766.8563
Slightly volatile
Capex To Operating Cash Flow0.590.56290.461
Very volatile
PFCF Ratio17.6817.267216.1199
Very volatile
Days Payables Outstanding36.4460.6347.7258
Slightly volatile
Income Quality2.842.04641.8565
Very volatile
EV To Operating Cash Flow8.146.964211.2398
Pretty Stable
EV To Free Cash Flow26.2815.932322.4603
Very volatile
Intangibles To Total Assets0.180.31190.3341
Very volatile
Current Ratio1.821.37441.6824
Slightly volatile
Receivables Turnover6.4511.87527.8703
Very volatile
Graham Number35.769.514763.8349
Slightly volatile
Shareholders Equity Per Share54.5751.970435.2049
Slightly volatile
Debt To Equity1.321.01.2248
Slightly volatile
Capex Per Share2.654.76023.9875
Slightly volatile
Revenue Per Share40.0876.303463.7856
Slightly volatile
Interest Debt Per Share1.721.813434.476
Very volatile
Debt To Assets0.270.30.3653
Slightly volatile
Enterprise Value Over EBITDA6.345.24078.8098
Very volatile
Short Term Coverage Ratios3.123.293.9203
Pretty Stable
Operating Cycle86.71135122
Slightly volatile
Price Book Value Ratio1.171.22822.3988
Slightly volatile
Days Of Payables Outstanding36.4460.6347.7258
Slightly volatile
Price To Operating Cash Flows Ratio5.847.54777.9752
Very volatile
Price To Free Cash Flows Ratio17.6817.267216.1199
Very volatile
Pretax Profit Margin0.06930.06490.1081
Slightly volatile
Ebt Per Ebit0.90.61010.7883
Pretty Stable
Operating Profit Margin0.0880.10640.1387
Slightly volatile
Company Equity Multiplier3.822.49273.2132
Slightly volatile
Long Term Debt To Capitalization0.570.510.5245
Slightly volatile
Total Debt To Capitalization0.580.530.5416
Slightly volatile
Return On Capital Employed0.120.07630.1133
Slightly volatile
Debt Equity Ratio1.321.01.2248
Slightly volatile
Ebit Per Revenue0.0880.10640.1387
Slightly volatile
Quick Ratio1.110.62780.94
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.171.04641.5625
Slightly volatile
Cash Ratio0.210.21340.1984
Pretty Stable
Cash Conversion Cycle14213583.5812
Slightly volatile
Operating Cash Flow Sales Ratio0.150.11080.1464
Pretty Stable
Days Of Inventory Outstanding11010579.1817
Slightly volatile
Days Of Sales Outstanding51.0230.736447.5182
Very volatile
Free Cash Flow Operating Cash Flow Ratio0.370.43710.5367
Pretty Stable
Cash Flow Coverage Ratios0.370.30.2774
Pretty Stable
Price To Book Ratio1.171.22822.3988
Slightly volatile
Fixed Asset Turnover1.41.51.7755
Slightly volatile
Capital Expenditure Coverage Ratio1.71.77662.337
Very volatile
Price Cash Flow Ratio5.847.54777.9752
Very volatile
Enterprise Value Multiple6.345.24078.8098
Very volatile
Debt Ratio0.270.30.3653
Slightly volatile
Cash Flow To Debt Ratio0.370.30.2774
Pretty Stable
Price Sales Ratio0.760.83651.1421
Very volatile
Asset Turnover0.910.5890.6939
Slightly volatile
Gross Profit Margin0.250.21070.2468
Slightly volatile
Price Fair Value1.171.22822.3988
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 Earnings13.369
Cash And Short Term Investments566 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 Revenue8.8 B7.9 B
Cost Of Revenue6.9 B6.1 B
Sales General And Administrative To Revenue 0.06  0.05 
Research And Ddevelopement To Revenue 0.03  0.03 
Capex To Revenue 0.06  0.08 
Revenue Per Share 76.30  40.08 
Ebit Per Revenue 0.11  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 together with Eastman Stock

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Moving against Eastman Stock

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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 Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Will Diversified Chemicals sector continue expanding? Could Eastman diversify its offerings? Factors like these will boost the valuation of Eastman Chemical. Projected growth potential of Eastman fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Eastman Chemical data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.68)
Dividend Share
3.33
Earnings Share
4.1
Revenue Per Share
76.303
Quarterly Revenue Growth
(0.12)
Eastman Chemical's market price often diverges from its book value, the accounting figure shown on Eastman's balance sheet. Smart investors calculate Eastman Chemical's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Eastman Chemical's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Eastman Chemical's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Eastman Chemical should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. 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.