Eastman Operating Income from 2010 to 2026

EMN Stock  USD 80.08  0.27  0.34%   
Eastman Chemical Operating Income yearly trend continues to be very stable with very little volatility. Operating Income is likely to grow to about 950.5 M this year. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Eastman Chemical generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1993-03-31
Previous Quarter
210 M
Current Value
121 M
Quarterly Volatility
301 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
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.
  
Build AI portfolio with Eastman 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.
Evaluating Eastman Chemical's Operating Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Eastman Chemical's fundamental strength.

Latest Eastman Chemical's Operating Income Growth Pattern

Below is the plot of the Operating Income of Eastman Chemical over the last few years. Operating Income is the amount of profit realized from Eastman Chemical operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Eastman Chemical is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Eastman Chemical's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Eastman Chemical's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Very volatile
   Operating Income   
       Timeline  

Eastman Operating Income Regression Statistics

Arithmetic Mean1,251,735,294
Geometric Mean1,194,922,468
Coefficient Of Variation28.68
Mean Deviation283,692,042
Median1,277,000,000
Standard Deviation359,002,617
Sample Variance128882.9T
Range1.5B
R-Value(0.03)
Mean Square Error137322.3T
R-Squared0
Significance0.90
Slope(2,370,098)
Total Sum of Squares2062126.1T

Eastman Operating Income History

2026950.5 M
2025931 M
20241.4 B
20231.1 B
20221.1 B
20211.5 B
20201.1 B

Other Fundumenentals of Eastman Chemical

Eastman Chemical Operating Income component correlations

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0.580.78-0.150.80.440.360.750.45-0.170.34-0.10.180.5-0.960.730.230.310.860.49-0.91-0.270.640.50.79-0.74-0.04-0.46
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0.810.890.120.860.850.510.650.840.69-0.050.280.190.460.73-0.850.88-0.10.560.55-0.78-0.50.60.430.61-0.47-0.04-0.22
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-0.62-0.83-0.07-0.91-0.77-0.64-0.39-0.77-0.3-0.12-0.460.07-0.2-0.550.89-0.71-0.25-0.26-0.78-0.50.36-0.67-0.5-0.630.6-0.10.18
-0.51-0.41-0.33-0.27-0.3-0.34-0.51-0.210.07-0.15-0.21-0.41-0.57-0.570.24-0.610.39-0.58-0.5-0.420.36-0.1-0.1-0.180.150.030.1
0.230.54-0.330.640.720.14-0.010.590.27-0.010.41-0.49-0.240.1-0.710.470.54-0.170.60.0-0.67-0.10.460.64-0.490.03-0.14
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0.210.260.28-0.04-0.110.440.150.230.030.17-0.420.210.220.20.170.06-0.020.16-0.040.19-0.10.030.03-0.53-0.180.390.26
0.150.060.7-0.46-0.050.280.190.070.080.470.050.230.160.140.32-0.12-0.2-0.06-0.22-0.050.180.1-0.14-0.17-0.720.730.26
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About Eastman Chemical Financial Statements

Eastman Chemical investors utilize fundamental indicators, such as Operating 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
Operating Income931 M950.5 M
Non Operating Income Net Other-33.3 M-35 M

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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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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.