
Eastman Chemical Company
NYSE•EMN
CEO: Mr. Mark J. Costa
Sector: Basic Materials
Industry: Chemicals - Specialty
Listing Date: 1993-12-14
Eastman Chemical Company operates as a specialty materials company in the United States, China, and internationally. The company's Additives & Functional Products segment offers amine derivative-based building blocks, intermediates for surfactants, metam-based soil fumigants, and organic acid-based solutions; specialty coalescent and solvents, paint additives, and specialty polymers; and heat transfer and aviation fluids. It serves transportation, personal care, wellness, food, feed, agriculture, building and construction, water treatment, energy, consumables, durables, and electronics markets. Its Advanced Materials segment provides copolyesters, cellulosic biopolymers, cellulose esters, polyvinyl butyral sheets, and window and protective films for value-added end uses in the transportation, durables, electronics, building and construction, medical and pharma, and consumables markets. The company's Chemical Intermediates segment offers olefin and acetyl derivatives, ethylene, and commodity solvents; and primary non-phthalate and phthalate plasticizers, and niche non-phthalate plasticizers for industrial chemicals and processing, building and construction, health and wellness, and food and feed. Its Fibers segment provides cellulose acetate tow, triacetin, cellulose acetate flake, acetic acid, and acetic anhydride for use in filtration media primarily cigarette filters; natural and solution dyed acetate yarns, and staple fiber for use in consumables, and health and wellness markets; and wet-laid nonwoven media, specialty and engineered papers, and cellulose acetate fibers for transportation, industrial, agriculture and mining, and aerospace markets. The company was founded in 1920 and is headquartered in Kingsport, Tennessee.
Contact Information
Market Cap
$7.89B
P/E (TTM)
11.2
19.8
Dividend Yield
4.8%
52W High
$103.82
52W Low
$56.11
52W Range
Rank37Top 34.1%
4.4
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.4 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q3 2025 Data
Revenue
$2.20B-10.63%
4-Quarter Trend
EPS
$0.41-73.55%
4-Quarter Trend
FCF
$265.00M-3.64%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Quarterly Sales Volume Decline Total Sales $2.20B for Q3, down 11% due to lower volume across all operating segments. 9M Sales $6.78B, down 5%.
Net Earnings Significantly Lower Net Earnings attributable to Eastman $47M for Q3, significantly down from $180M reported last year. 9M Net Earnings $369M.
Operating Cash Flow Decreased Net cash provided by operating activities was $468M for nine months 2025, a decrease of $279M compared to prior year period.
Tax Law Change Impact Q3 2025 provision includes $22M increase due to the enactment of the One Big Beautiful Bill Act tax law changes.
Risk Factors
Segment Sales Volume Weakness Advanced Materials sales fell 7% in Q3 due to weakness in building/construction and consumer durables end markets.
Gross Profit Margin Pressure Q3 Gross Profit dropped 28% to $433M, driven by lower sales volume and higher manufacturing costs across segments.
Net Debt Increased Net Debt increased to $4.59B as of September 30, 2025, driven by lower operating cash flow generation.
Legacy Tort Claims Exposure Solutia Legacy Torts litigation remains, with Eastman guaranteed obligations under the Monsanto Settlement Agreement.
Outlook
Capital Spending Focus Expect 2025 capital expenditures around $550M, primarily targeting AM segment molecular recycling manufacturing facilities.
Innovation Growth Model Innovation-driven growth model relies on leveraging world-class technology platforms and molecular recycling investment.
Working Capital Optimization Proactive approach to working capital management continues, utilizing accounts receivable factoring programs for funding.
Shareholder Return Strategy Dividends and share repurchases remain key strategies employed by the Company to return value to stockholders.
Peer Comparison
Revenue (TTM)
SSL$28.48B
$18.62B
TX$15.71B
Gross Margin (Latest Quarter)
49.9%
ESI42.2%
IAG38.6%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| IAG | $12.42B | 35.4 | 10.0% | 20.3% |
| HBM | $9.89B | 21.5 | 16.6% | 18.7% |
| GGB | $8.94B | 15.4 | 5.4% | 22.9% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-0.6%
Flat Growth
4Q Net Income CAGR
-47.8%
Declining Profitability
Cash Flow Stability
75%
Volatile Cash Flow
Research & Insights
Next earnings:Jan 29, 2026
EPS:$0.76
|Revenue:$2.02B
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Nov 4, 2025|Revenue: $2.20B-10.6%|EPS: $0.41-73.5%MissForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 1, 2025|Revenue: $2.29B-3.1%|EPS: $1.22-37.8%MissForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: Apr 25, 2025|Revenue: $2.29B-1.0%|EPS: $1.58+12.9%MissForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 14, 2025|Revenue: $9.38B+2.0%|EPS: $7.75+2.8%BeatForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Nov 1, 2024|Revenue: $2.46B+8.8%|EPS: $1.55+3.3%MissForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Jul 26, 2024|Revenue: $2.36B+1.6%|EPS: $1.96-14.0%MeetForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: Apr 26, 2024|Revenue: $2.31B-4.1%|EPS: $1.40+23.9%MeetForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Feb 14, 2024|Revenue: $9.20B-12.7%|EPS: $7.54+17.4%Beat