Eastman Chemical Stock Year To Date Return

EMN Stock

USD 99.33 0.01 0.01%

Eastman Chemical fundamentals help investors to digest information that contributes to Eastman Chemical's financial success or failures. It also enables traders to predict the movement of Eastman Stock. The fundamental analysis module provides a way to measure Eastman Chemical's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Eastman Chemical stock.

Short Long Term Debt Total Total Assets

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Eastman Chemical Company Year To Date Return Analysis

Eastman Chemical's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.

YTD Return

(Mean of Monthly Returns - 1)

X

100%

More About Year To Date Return | All Equity Analysis

Eastman Year To Date Return Driver Correlations

Understanding the fundamental principles of building solid financial models for Eastman Chemical is extremely important. It helps to project a fair market value of Eastman Stock properly, considering its historical fundamentals such as Year To Date Return. Since Eastman Chemical's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Eastman Chemical's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Eastman Chemical's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Common Stock	Current Deferred Revenue	Short Term Debt	Intangible Assets	Long Term Debt	Good Will	Treasury Stock	Property Plant Equipment	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Short Term Investments	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.88	0.9	0.59	0.62	0.85	0.96	0.8	0.69	0.37	0.11	0.76	0.87	0.98	-0.54	0.87	-0.57	0.85	0.84	0.8	-0.61	-0.5	0.18	0.15	0.27	0.0	0.22	0.17
Total Stockholder Equity	0.88		0.62	0.76	0.73	0.86	0.7	0.85	0.64	0.41	0.23	0.42	0.57	0.83	-0.69	0.87	-0.13	0.56	0.87	0.68	-0.81	-0.39	0.45	0.23	0.5	-0.15	0.29	0.09
Net Debt	0.9	0.62		0.28	0.33	0.69	0.97	0.51	0.5	0.27	-0.04	0.94	0.99	0.94	-0.22	0.76	-0.85	0.95	0.61	0.78	-0.3	-0.58	-0.17	-0.05	-0.07	0.21	0.16	0.24
Retained Earnings	0.59	0.76	0.28		0.77	0.63	0.41	0.72	0.45	0.08	0.36	0.07	0.25	0.54	-0.96	0.68	0.15	0.36	0.83	0.57	-0.91	-0.26	0.58	0.49	0.72	-0.71	-0.02	-0.5
Accounts Payable	0.62	0.73	0.33	0.77		0.74	0.47	0.87	0.55	0.32	0.62	0.05	0.23	0.51	-0.87	0.6	0.09	0.25	0.83	0.36	-0.73	-0.29	0.66	0.74	0.69	-0.54	-0.16	-0.11
Net Receivables	0.85	0.86	0.69	0.63	0.74		0.74	0.86	0.59	0.36	0.2	0.53	0.63	0.79	-0.59	0.72	-0.28	0.63	0.76	0.65	-0.63	-0.37	0.23	0.25	0.22	-0.07	0.31	0.14
Total Liab	0.96	0.7	0.97	0.41	0.47	0.74		0.67	0.64	0.3	0.02	0.89	0.95	0.96	-0.38	0.77	-0.78	0.93	0.72	0.77	-0.41	-0.51	-0.01	0.07	0.09	0.1	0.15	0.19
Total Current Assets	0.8	0.85	0.51	0.72	0.87	0.86	0.67		0.71	0.44	0.38	0.31	0.44	0.69	-0.76	0.63	-0.09	0.45	0.83	0.53	-0.74	-0.18	0.52	0.49	0.58	-0.26	0.23	0.09
Common Stock	0.69	0.64	0.5	0.45	0.55	0.59	0.64	0.71		0.06	-0.1	0.43	0.47	0.61	-0.48	0.46	-0.32	0.47	0.71	0.37	-0.28	0.08	0.26	0.13	0.26	-0.08	0.02	0.1
Current Deferred Revenue	0.37	0.41	0.27	0.08	0.32	0.36	0.3	0.44	0.06		0.41	0.15	0.19	0.34	-0.15	0.22	-0.03	0.09	0.21	0.15	-0.4	-0.23	0.21	0.35	0.22	0.29	0.2	0.59
Short Term Debt	0.11	0.23	-0.04	0.36	0.62	0.2	0.02	0.38	-0.1	0.41		-0.31	-0.18	0.06	-0.51	0.22	0.31	-0.2	0.28	0.14	-0.47	-0.2	0.43	0.88	0.6	-0.41	-0.38	0.03
Intangible Assets	0.76	0.42	0.94	0.07	0.05	0.53	0.89	0.31	0.43	0.15	-0.31		0.97	0.82	0.02	0.55	-0.93	0.94	0.4	0.67	-0.07	-0.47	-0.41	-0.29	-0.33	0.39	0.22	0.26
Long Term Debt	0.87	0.57	0.99	0.25	0.23	0.63	0.95	0.44	0.47	0.19	-0.18	0.97		0.92	-0.16	0.72	-0.88	0.98	0.57	0.76	-0.26	-0.58	-0.22	-0.17	-0.13	0.23	0.22	0.18
Good Will	0.98	0.83	0.94	0.54	0.51	0.79	0.96	0.69	0.61	0.34	0.06	0.82	0.92		-0.46	0.89	-0.65	0.9	0.79	0.84	-0.57	-0.56	0.08	0.06	0.19	0.05	0.21	0.16
Treasury Stock	-0.54	-0.69	-0.22	-0.96	-0.87	-0.59	-0.38	-0.76	-0.48	-0.15	-0.51	0.02	-0.16	-0.46		-0.6	-0.19	-0.26	-0.83	-0.45	0.87	0.22	-0.66	-0.68	-0.79	0.76	0.19	0.46
Property Plant Equipment	0.87	0.87	0.76	0.68	0.6	0.72	0.77	0.63	0.46	0.22	0.22	0.55	0.72	0.89	-0.6		-0.36	0.73	0.84	0.8	-0.7	-0.65	0.32	0.14	0.42	-0.22	0.12	-0.05
Net Tangible Assets	-0.57	-0.13	-0.85	0.15	0.09	-0.28	-0.78	-0.09	-0.32	-0.03	0.31	-0.93	-0.88	-0.65	-0.19	-0.36		-0.84	-0.22	-0.51	-0.18	0.42	0.51	0.28	0.42	-0.39	-0.02	-0.24
Long Term Debt Total	0.85	0.56	0.95	0.36	0.25	0.63	0.93	0.45	0.47	0.09	-0.2	0.94	0.98	0.9	-0.26	0.73	-0.84		0.62	0.78	-0.32	-0.59	-0.2	-0.14	-0.07	0.07	0.17	-0.02
Capital Surpluse	0.84	0.87	0.61	0.83	0.83	0.76	0.72	0.83	0.71	0.21	0.28	0.4	0.57	0.79	-0.83	0.84	-0.22	0.62		0.62	-0.75	-0.5	0.52	0.41	0.62	-0.48	-0.04	-0.22
Deferred Long Term Liab	0.8	0.68	0.78	0.57	0.36	0.65	0.77	0.53	0.37	0.15	0.14	0.67	0.76	0.84	-0.45	0.8	-0.51	0.78	0.62		-0.57	-0.43	0.02	0.04	0.16	-0.08	0.19	-0.05
Accumulated Depreciation	-0.61	-0.81	-0.3	-0.91	-0.73	-0.63	-0.41	-0.74	-0.28	-0.4	-0.47	-0.07	-0.26	-0.57	0.87	-0.7	-0.18	-0.32	-0.75	-0.57		0.36	-0.61	-0.5	-0.75	0.51	-0.14	0.25
Short Term Investments	-0.5	-0.39	-0.58	-0.26	-0.29	-0.37	-0.51	-0.18	0.08	-0.23	-0.2	-0.47	-0.58	-0.56	0.22	-0.65	0.42	-0.59	-0.5	-0.43	0.36		-0.07	-0.09	-0.15	0.14	0.02	0.11
Long Term Investments	0.18	0.45	-0.17	0.58	0.66	0.23	-0.01	0.52	0.26	0.21	0.43	-0.41	-0.22	0.08	-0.66	0.32	0.51	-0.2	0.52	0.02	-0.61	-0.07		0.43	0.82	-0.56	0.01	-0.2
Short Long Term Debt	0.15	0.23	-0.05	0.49	0.74	0.25	0.07	0.49	0.13	0.35	0.88	-0.29	-0.17	0.06	-0.68	0.14	0.28	-0.14	0.41	0.04	-0.5	-0.09	0.43		0.64	-0.58	-0.53	-0.15
Cash And Equivalents	0.27	0.5	-0.07	0.72	0.69	0.22	0.09	0.58	0.26	0.22	0.6	-0.33	-0.13	0.19	-0.79	0.42	0.42	-0.07	0.62	0.16	-0.75	-0.15	0.82	0.64		-0.7	-0.14	-0.35
Net Invested Capital	0.0	-0.15	0.21	-0.71	-0.54	-0.07	0.1	-0.26	-0.08	0.29	-0.41	0.39	0.23	0.05	0.76	-0.22	-0.39	0.07	-0.48	-0.08	0.51	0.14	-0.56	-0.58	-0.7		0.44	0.85
Net Working Capital	0.22	0.29	0.16	-0.02	-0.16	0.31	0.15	0.23	0.02	0.2	-0.38	0.22	0.22	0.21	0.19	0.12	-0.02	0.17	-0.04	0.19	-0.14	0.02	0.01	-0.53	-0.14	0.44		0.3
Capital Stock	0.17	0.09	0.24	-0.5	-0.11	0.14	0.19	0.09	0.1	0.59	0.03	0.26	0.18	0.16	0.46	-0.05	-0.24	-0.02	-0.22	-0.05	0.25	0.11	-0.2	-0.15	-0.35	0.85	0.3

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Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.

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Eastman Return On Tangible Assets

Return On Tangible Assets

0.0519

At this time, Eastman Chemical's Return On Tangible Assets are very stable compared to the past year.

According to the company's disclosures, Eastman Chemical has a Year To Date Return of 0.0%. This indicator is about the same for the Chemicals average (which is currently at 0.0) sector and about the same as Materials (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

Eastman Year To Date Return Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eastman Chemical's direct or indirect competition against its Year To Date Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Eastman Chemical could also be used in its relative valuation, which is a method of valuing Eastman Chemical by comparing valuation metrics of similar companies.

Eastman Chemical is currently under evaluation in year to date return category among its peers.

Eastman Chemical ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Eastman Chemical's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Eastman Chemical's managers, analysts, and investors.

Environmental

Governance

Social

Eastman Fundamentals

	Return On Equity	0.16
	Return On Asset	0.05
	Profit Margin	0.09 %
	Operating Margin	0.15 %
	Current Valuation	16.03 B
	Shares Outstanding	115.91 M
	Shares Owned By Insiders	0.67 %
	Shares Owned By Institutions	89.48 %
	Number Of Shares Shorted	2.06 M
	Price To Earning	9.60 X
	Price To Book	2.05 X
	Price To Sales	1.23 X
	Revenue	9.21 B
	Gross Profit	2.18 B
	EBITDA	1.59 B
	Net Income	894 M
	Cash And Equivalents	493 M
	Cash Per Share	3.84 X
	Total Debt	4.97 B
	Debt To Equity	0.96 %
	Current Ratio	1.28 X
	Book Value Per Share	48.80 X
	Cash Flow From Operations	1.37 B
	Short Ratio	2.10 X
	Earnings Per Share	7.46 X
	Price To Earnings To Growth	1.42 X
	Target Price	116.42
	Number Of Employees	14 K
	Beta	1.46
	Market Capitalization	11.51 B
	Total Asset	14.63 B
	Retained Earnings	9.49 B
	Working Capital	905 M
	Current Asset	2.88 B
	Current Liabilities	2.06 B
	Annual Yield	0.03 %
	Five Year Return	2.92 %
	Net Asset	14.63 B
	Last Dividend Paid	3.24

About Eastman Chemical Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Eastman Chemical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eastman Chemical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eastman Chemical based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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

0.83	DD	Dupont De Nemours Sell-off Trend	Pair Corr
0.61	DNMR	Danimer Scientific	Pair Corr

Moving against Eastman Stock

0.49	ECVT	Ecovyst	Pair Corr
0.48	WDFC	WD 40 Company	Pair Corr
0.36	WTTR	Select Energy Services	Pair Corr
0.34	ESI	Element Solutions	Pair Corr
0.33	NEU	NewMarket	Pair Corr

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 Correlation Correlation 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:

How To Invest In Eastman

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Is Eastman Stock a good investment?

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What is Eastman Chemical's Net Worth?

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Largest Specialty Chemicals Companies

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Largest Basic Materials Companies

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Check out Eastman Chemical Piotroski F Score and Eastman Chemical Altman Z Score analysis.

To learn how to invest in Eastman Stock, please use our How to Invest in Eastman Chemical guide.

You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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

0.027

Dividend Share

3.24

Earnings Share

7.46

Revenue Per Share

79.642

Quarterly Revenue Growth

0.087

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Eastman Chemical Stock Year To Date Return

Eastman Chemical Company Year To Date Return Analysis

YTD Return

(Mean of Monthly Returns - 1)

X

100%

Eastman Year To Date Return Driver Correlations

Eastman Return On Tangible Assets

Return On Tangible Assets

0.0519

Eastman Year To Date Return Peer Comparison

Eastman Chemical ESG Sustainability

Eastman Fundamentals

About Eastman Chemical Fundamental Analysis

Pair Trading with Eastman Chemical

Moving together with Eastman Stock

Moving against Eastman Stock

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