Basic Materials · Chemicals
Price
$70.71
Market Cap
$8.1B
Employees
14,000
Beta
1.07
Avg Volume
1,237,836
CEO
Mark J. Costa
Business Description
Eastman Chemical Company functions as a worldwide provider of specialized materials. Its Additives & Functional Products division offers a comprehensive range, including hydrocarbon and rosin resins, organic acid-based solutions, and amine-derived building blocks. This segment also provides agricultural chemicals like metam-based soil fumigants, thiram and ziram fungicides, and plant growth regulators. Additional offerings include specialty coalescents, various commodity and specialty solvents, paint additives, specialty polymers, heat transfer and aviation fluids, and rubber additives such as insoluble sulfur and anti-degradants, along with performance resins. These products cater to diverse sectors such as transportation, personal care, wellness, food, agriculture, construction, water treatment, energy, consumables, durables, and electronics. The Advanced Materials segment produces high-performance products including copolyesters, cellulosic biopolymers, cellulose esters, and polyvinyl butyral (PVB) sheets. It further supplies a variety of window and protective films, including those applied aftermarket, for high-value applications in transportation, consumer durables, electronics, building and construction, medical, pharmaceutical, and general consumables markets. Through its Chemical Intermediates segment, Eastman delivers essential chemical building blocks. This encompasses methylamines and their salts, various higher amines and solvents, olefin and acetyl derivatives, ethylene, and both primary phthalate and non-phthalate plasticizers, including specialized non-phthalate alternatives. These intermediates are vital for industrial chemical processes, construction, health and wellness products, and agrochemical formulations. Lastly, the Fibers segment is a significant producer of cellulose acetate tow, triacetin, cellulose acetate flake, acetic acid, and acetic anhydride, primarily for filtration media, notably cigarette filters. It also furnishes natural and solution-dyed acetate yarns for consumables and health and wellness markets, alongside wet-laid nonwoven media, specialty engineered papers, and cellulose acetate fibers for the transportation, industrial, agriculture, mining, and aerospace industries. Eastman Chemical Company was founded in 1920 and is headquartered in Kingsport, Tennessee.
Business History
Price Overview
Last updated: Jun 27, 2026 9:02am (just now)$70.71
+0.10 (+0.14%)
Day Range
$69.15 – $70.82
52-Week Range
$56.11 – $83.47
50-Day MA
$73.20
200-Day MA
$68.56
Volume
1,412,128.00
Analyst Price Targets
Low
$70.00
Consensus
$79.89
High
$88.00
(52 analysts)
Share Structure
Outstanding
114,349,960.00
Float
113,207,605.00
Free Float
99.0%
High free float
— 99.0% of shares trade freely, ~1% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
20.20
Stock Price: $70.71
EPS (Diluted): 4.13
EPS (Diluted): 4.13
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
1.23
Stock Price: $70.71
Total Equity: $5.96B
Shares: 115,600,000
Total Equity: $5.96B
Shares: 115,600,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
10.78
Market Cap: $8.09B
Total Debt: $4.96B
Cash: $566.00M
EBITDA: $1.29B
Total Debt: $4.96B
Cash: $566.00M
EBITDA: $1.29B
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$11.8B
Market Cap: $8.09B
Total Debt: $4.96B
Cash: $566.00M
Total Debt: $4.96B
Cash: $566.00M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
21.1%
Gross Profit: $1.84B
Revenue: $8.75B
Revenue: $8.75B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
10.6%
Operating Income: $931.00M
Revenue: $8.75B
Revenue: $8.75B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
5.4%
Net Income: $474.00M
Revenue: $8.75B
Revenue: $8.75B
ROE (Profit from shareholder equity)
APINet Income / Total Equity
6.8%
Net Income: $474.00M
Total Equity: $5.96B
Total Equity: $5.96B
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
5.4%
Operating Income: $931.00M
Tax Rate: 16.4%
Equity: $5.96B
Total Debt: $4.96B
Cash: $566.00M
Tax Rate: 16.4%
Equity: $5.96B
Total Debt: $4.96B
Cash: $566.00M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
1.37
Current Assets: $3.65B
Current Liabilities: $2.65B
Current Liabilities: $2.65B
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.83
Short-Term Debt: $642.00M
Long-Term Debt: $4.32B
Total Debt: $4.96B
Total Equity: $5.96B
Long-Term Debt: $4.32B
Total Debt: $4.96B
Total Equity: $5.96B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$75.71
Revenue: $8.75B
Shares: 115,600,000
Shares: 115,600,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$51.57
Total Equity: $5.96B
Shares: 115,600,000
Shares: 115,600,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$3.67
Operating CF: $970.00M
CapEx: -$546.00M
Shares: 115,600,000
CapEx: -$546.00M
Shares: 115,600,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
5.2%
Last Dividend: N/A
Stock Price: $70.71
Stock Price: $70.71
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $474.00M
Net Income: $474.00M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares EMN against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 21, 2026 6:43pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $10.5B | $10.5B | $9.2B | $9.4B | $8.8B |
| Cost of Revenue | $8.0B | $8.5B | $7.1B | $7.1B | $6.9B |
| Gross Profit | $2.5B | $2.1B | $2.1B | $2.3B | $1.8B |
| Operating Expenses | $1.0B | $972.0M | $966.0M | $914.0M | $913.0M |
| Operating Income | $1.5B | $1.1B | $1.1B | $1.4B | $931.0M |
| Net Income | $857.0M | $793.0M | $894.0M | $905.0M | $474.0M |
| EBITDA | $1.8B | $1.6B | $1.8B | $1.8B | $1.3B |
| EPS | $6.35 | $6.42 | $7.54 | $7.75 | $4.13 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 21, 2026 6:43pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $459.0M | $493.0M | $548.0M | $837.0M | $566.0M |
| Total Current Assets | $4.6B | $3.8B | $3.5B | $4.1B | $3.6B |
| Total Assets | $15.5B | $14.7B | $14.6B | $15.2B | $14.9B |
| Current Liabilities | $3.0B | $3.3B | $2.6B | $2.7B | $2.7B |
| Long-Term Debt | $4.6B | $4.0B | $4.4B | $4.7B | $4.3B |
| Total Liabilities | $9.7B | $9.4B | $9.1B | $9.4B | $8.8B |
| Total Equity | $5.7B | $5.2B | $5.5B | $5.8B | $6.0B |
| Retained Earnings | $8.6B | $9.0B | $9.5B | $10.0B | $10.1B |
Cash Flow (Annual)
Last updated: Jun 21, 2026 6:43pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $1.6B | $975.0M | $1.4B | $1.3B | $970.0M |
| Capital Expenditure | -$578.0M | -$611.0M | -$828.0M | -$599.0M | -$546.0M |
| Free Cash Flow | $1.0B | $364.0M | $546.0M | $688.0M | $424.0M |
| Acquisitions (net) | $553.0M | $997.0M | $379.0M | $38.0M | $38.0M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$1.0B | -$1.0B | -$150.0M | -$300.0M | -$100.0M |
| Net Change in Cash | -$105.0M | $34.0M | $55.0M | $289.0M | -$271.0M |
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 8:21pm (12h ago)| Metric | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Revenue |
$8.8B $8.7B – $8.9B
|
$9.2B $8.8B – $9.5B
|
$9.4B $9.2B – $9.9B
|
$9.7B $9.7B – $9.8B
|
| EBITDA |
$1.5B $1.5B – $1.5B
|
$1.6B $1.5B – $1.6B
|
$1.6B $1.6B – $1.7B
|
$1.7B $1.7B – $1.7B
|
| Net Income |
$624.2M $613.3M – $635.1M
|
$720.2M $674.8M – $794.5M
|
$786.9M $762.6M – $839.0M
|
$898.9M $866.6M – $931.1M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 21, 2026 6:43pm (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +0.5% | -12.7% | +2.0% | -6.7% |
| Gross Profit Growth | -18.3% | +0.3% | +11.1% | -19.5% |
| Operating Income Growth | -26.2% | +1.1% | +25.5% | -32.3% |
| Net Income Growth | -7.5% | +12.7% | +1.2% | -47.6% |
| EBITDA Growth | -9.7% | +10.5% | -0.2% | -28.5% |
Insider Trading (Recent)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-05-07 | Alfonso Humberto P | A-Award | 1,628.00 | $0.00 | $0 |
| 2026-05-07 | BEGEMANN BRETT D | A-Award | 1,628.00 | $0.00 | $0 |
| 2026-05-07 | Mink Kim Ann | A-Award | 1,628.00 | $0.00 | $0 |
| 2026-05-07 | SLAGER DONALD W | A-Award | 1,628.00 | $0.00 | $0 |
| 2026-05-07 | Holder Julie Fasone | A-Award | 1,628.00 | $0.00 | $0 |
| 2026-05-07 | HORNBAKER RENEE J | A-Award | 1,628.00 | $0.00 | $0 |
| 2026-05-07 | OBRIEN JAMES J /KY | A-Award | 1,628.00 | $0.00 | $0 |
| 2026-05-07 | BUTLER ERIC L | A-Award | 1,628.00 | $0.00 | $0 |
| 2026-05-07 | Haynesworth Linnie M | A-Award | 1,628.00 | $0.00 | $0 |
| 2026-05-07 | Audia Damon J | A-Award | 1,628.00 | $0.00 | $0 |
| 2026-05-05 | Holt Adrian James | D-Return | 2,271.00 | $0.00 | $0 |
| 2026-05-05 | Holt Adrian James | S-Sale | 1,709.00 | $77.05 | $131,678 |
| 2026-04-08 | Audia Damon J | A-Award | 408.00 | $0.00 | $0 |
| 2026-04-08 | Audia Damon J | A-Award | 852.00 | $0.00 | $0 |
| 2026-04-08 | BUTLER ERIC L | A-Award | 408.00 | $0.00 | $0 |
| 2026-04-08 | BEGEMANN BRETT D | A-Award | 408.00 | $0.00 | $0 |
| 2026-04-08 | BEGEMANN BRETT D | A-Award | 1,159.00 | $0.00 | $0 |
| 2026-04-08 | Haynesworth Linnie M | A-Award | 408.00 | $0.00 | $0 |
| 2026-04-08 | OBRIEN JAMES J /KY | A-Award | 408.00 | $0.00 | $0 |
| 2026-04-08 | Alfonso Humberto P | A-Award | 408.00 | $0.00 | $0 |
Dividend History (Last 20)
Last updated: Jun 21, 2026 6:43pm (5d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-06-15 | $0.84 | 2026-05-07 | 2026-06-15 | 2026-07-08 |
| 2026-03-13 | $0.84 | 2026-02-12 | 2026-03-13 | 2026-04-08 |
| 2025-12-15 | $0.84 | 2025-12-04 | 2025-12-15 | 2026-01-08 |
| 2025-09-15 | $0.83 | 2025-08-07 | 2025-09-15 | 2025-10-07 |
| 2025-06-13 | $0.83 | 2025-05-01 | 2025-06-13 | 2025-07-08 |
| 2025-03-14 | $0.83 | 2025-02-13 | 2025-03-14 | 2025-04-07 |
| 2024-12-16 | $0.83 | 2024-12-05 | 2024-12-16 | 2025-01-08 |
| 2024-09-16 | $0.81 | 2024-08-01 | 2024-09-16 | 2024-10-07 |
| 2024-06-17 | $0.81 | 2024-05-02 | 2024-06-17 | 2024-07-09 |
| 2024-03-14 | $0.81 | 2024-02-13 | 2024-03-15 | 2024-04-05 |
| 2023-12-15 | $0.81 | 2023-12-06 | 2023-12-18 | 2024-01-05 |
| 2023-09-14 | $0.79 | 2023-08-03 | 2023-09-15 | 2023-10-06 |
| 2023-06-14 | $0.79 | 2023-05-04 | 2023-06-15 | 2023-07-07 |
| 2023-03-14 | $0.79 | 2023-02-14 | 2023-03-15 | 2023-04-10 |
| 2022-12-14 | $0.79 | 2022-12-01 | 2022-12-15 | 2023-01-06 |
| 2022-09-14 | $0.76 | 2022-08-04 | 2022-09-15 | 2022-10-07 |
| 2022-06-14 | $0.76 | 2022-05-05 | 2022-06-15 | 2022-07-08 |
| 2022-03-14 | $0.76 | 2022-02-22 | 2022-03-15 | 2022-04-01 |
| 2021-12-14 | $0.76 | 2021-12-02 | 2021-12-15 | 2022-01-07 |
| 2021-09-14 | $0.69 | 2021-08-05 | 2021-09-15 | 2021-10-01 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for EMN — it's generated by the pipeline (
market-narrative step).
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30