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EMN

EMN - Eastman Chemical Co Stock Price, Fair Value and News

100.83USD+0.20 (+0.20%)Delayed as of 08 May 2024, 03:23 pm ET

Market Summary

EMN
USD100.83+0.20
Delayedas of 08 May 2024, 03:23 pm
0.20%

EMN Stock Price

View Fullscreen

EMN RSI Chart

EMN Valuation

Market Cap

11.8B

Price/Earnings (Trailing)

12.8

Price/Sales (Trailing)

1.3

EV/EBITDA

11.37

Price/Free Cashflow

22.73

EMN Price/Sales (Trailing)

EMN Profitability

EBT Margin

12.15%

Return on Equity

16.49%

Return on Assets

6.27%

Free Cashflow Yield

4.4%

EMN Fundamentals

EMN Revenue

Revenue (TTM)

9.1B

Rev. Growth (Yr)

-4.23%

Rev. Growth (Qtr)

4.67%

EMN Earnings

Earnings (TTM)

925.0M

Earnings Growth (Yr)

23.13%

Earnings Growth (Qtr)

-46.77%

Breaking Down EMN Revenue

52 Week Range

73.20101.07
(Low)(High)

Last 7 days

6.6%

Last 30 days

0.8%

Last 90 days

21.3%

Trailing 12 Months

24.6%

How does EMN drawdown profile look like?

EMN Financial Health

Current Ratio

1.39

Debt/Equity

0.77

Debt/Cashflow

0.31

EMN Investor Care

Buy Backs (1Y)

1.26%

Diluted EPS (TTM)

7.76

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20249.1B000
202310.3B9.8B9.4B9.2B
202210.8B10.9B10.9B10.6B
20218.6B9.4B10.0B10.5B
20209.1B8.7B8.5B8.5B
20199.9B9.7B9.4B9.3B
20189.9B10.1B10.1B10.2B
20179.1B9.2B9.4B9.5B
20169.4B9.2B9.0B9.0B
20159.7B9.7B9.8B9.6B
20149.3B9.4B9.4B9.5B
20138.6B9.2B9.3B9.3B
20127.2B7.2B7.7B8.1B
20116.2B6.6B6.9B7.2B
20104.6B4.9B5.1B5.8B
20095.3B4.8B4.3B4.4B
200806.5B6.2B5.9B
20070006.8B
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Tracking the Latest Insider Buys and Sells of Eastman Chemical Co

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 02, 2024
hornbaker renee j
acquired
-
-
1,252
-
May 02, 2024
obrien james j /ky
acquired
-
-
1,252
-
May 02, 2024
holder julie fasone
acquired
-
-
1,252
-
May 02, 2024
raisbeck david w
acquired
-
-
1,252
-
May 02, 2024
butler eric l
acquired
-
-
1,252
-
Mar 06, 2024
holt adrian james
sold
-415,519
87.7548
-4,735
svp, chf hr ofcr
Mar 06, 2024
holt adrian james
acquired
250,116
72.92
3,430
svp, chf hr ofcr
Mar 01, 2024
costa mark j
sold
-1,051,200
87.6
-12,000
ceo & board chair
Mar 01, 2024
lich brad a
acquired
-
-
11,922
evp & cco
Mar 01, 2024
lich brad a
sold (taxes)
-408,626
87.09
-4,692
evp & cco

1–10 of 50

Which funds bought or sold EMN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 06, 2024
Ruedi Wealth Management, Inc.
unchanged
-
541
5,211
-%
May 06, 2024
Envestnet Portfolio Solutions, Inc.
added
11.14
1,493,610
7,713,830
0.03%
May 06, 2024
Manchester Capital Management LLC
added
40.77
6,664
18,341
-%
May 06, 2024
LSV ASSET MANAGEMENT
reduced
-2.4
13,594,000
166,310,000
0.34%
May 06, 2024
TEACHER RETIREMENT SYSTEM OF TEXAS
added
29.89
3,950,000
12,740,000
0.08%
May 06, 2024
Parallel Advisors, LLC
added
0.88
11,616
103,559
-%
May 06, 2024
Merit Financial Group, LLC
new
-
250,623
250,623
0.01%
May 06, 2024
Metis Global Partners, LLC
reduced
-2.86
28,933
374,021
0.01%
May 06, 2024
Advisory Services Network, LLC
added
59.38
433,152
989,633
0.02%
May 06, 2024
TEXAS PERMANENT SCHOOL FUND CORP
added
1.95
293,703
2,429,530
0.02%

1–10 of 50

Are Funds Buying or Selling EMN?

Are funds buying EMN calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own EMN
No. of Funds

Unveiling Eastman Chemical Co's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
12.52%
14,839,678
SC 13G/A
Jan 26, 2024
blackrock inc.
7.1%
8,383,444
SC 13G/A
Jan 04, 2024
jpmorgan chase & co
4.6%
5,549,362
SC 13G/A
Feb 13, 2023
capital world investors
0.0%
0
SC 13G/A
Feb 09, 2023
vanguard group inc
12.50%
14,994,249
SC 13G/A
Jan 31, 2023
blackrock inc.
7.2%
8,615,723
SC 13G/A
Jan 20, 2023
jpmorgan chase & co
8.2%
9,862,144
SC 13G/A
Feb 11, 2022
capital world investors
6.3%
8,452,732
SC 13G/A
Feb 09, 2022
vanguard group inc
11.92%
16,026,862
SC 13G/A
Feb 01, 2022
blackrock inc.
6.6%
8,855,207
SC 13G/A

Recent SEC filings of Eastman Chemical Co

View All Filings
Date Filed Form Type Document
May 07, 2024
144
Notice of Insider Sale Intent
May 07, 2024
8-K
Current Report
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading

Peers (Alternatives to Eastman Chemical Co)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
55.3B
12.2B
4.18% -15.88%
22.4
4.55
-7.47% 13.44%
41.1B
43.5B
-2.24% 7.76%
32.39
0.94
-18.61% -57.39%
17.7B
10.9B
0.09% 53.53%
9.04
1.62
13.10% 3.48%
16.9B
6.9B
-3.98% 23.64%
64.9
2.46
-6.48% -57.90%
15.5B
8.4B
6.57% -29.22%
45.83
1.84
-4.27% -90.82%
11.8B
9.1B
0.81% 24.63%
12.8
1.3
-11.38% 33.67%
MID-CAP
5.6B
3.9B
8.49% 43.15%
12.6
1.43
-9.12% 26.64%
5.0B
929.6M
3.59% 21.49%
43.91
5.42
-1.74% 15.81%
4.2B
3.1B
8.86% 19.59%
40.24
1.35
-6.69% -83.56%
2.9B
3.0B
5.03% 26.13%
9.04
0.98
-20.68% -74.38%
SMALL-CAP
1.2B
404.0M
0.11% 32.60%
36.59
3
24.06% -25.72%
641.0M
1.5B
-16.06% -31.40%
281.99
0.44
-21.27% -97.94%
165.3M
336.4M
0.89% -5.09%
9.07
0.49
-12.92% 28.47%
98.2M
16.7M
-11.43% -17.88%
-8.3
5.86
-57.58% -718.66%
3.7M
-
-80.00% -99.58%
-0.01
0.01
- -

Eastman Chemical Co News

Latest updates
Defense World • 10 hours ago
Yahoo Movies Canada • 45 hours ago
Yahoo Singapore News • 06 May 2024 • 08:50 am

Eastman Chemical Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue4.7%2,3102,2072,2672,3242,4122,3732,7092,7842,7142,6942,7202,6532,4092,1862,1221,9242,2412,2052,3252,3632,380
Gross Profit14.7%532464484584529376541670550559662681598526501371577497574589574
  S&GA Expenses0%191191160185191172173185196208201202184174165155160176163165187
  R&D Expenses3.5%59.0057.0060.0060.0062.0064.0068.0067.0065.0067.0066.0063.0058.0057.0056.0052.0061.0060.0059.0057.0058.00
EBITDA Margin1.8%0.15*0.15*0.10*0.11*0.12*0.12*0.16*0.17*0.12*0.14*0.09*0.09*0.11*0.11*0.10*0.12*0.15*0.14*0.14*0.16*0.16*
Interest Expenses5.8%-49.00-52.00-57.00-54.00-52.00-48.00-43.00-45.00-46.00-48.00-49.00-51.00-50.00-51.00-52.00-55.00-52.00-53.00-54.00-55.00-56.00
Income Taxes-57.0%49.0011420.00-3.0060.0026.00-20.0012451.00149-33.0037.0062.00-9.0025.00-31.0056.00-18.0046.0057.0055.00
Earnings Before Taxes-49.6%21442519926919428.00281381287529321-10733925.00190-1.003169.00313316264
EBT Margin3.0%0.12*0.12*0.07*0.08*0.09*0.09*0.14*0.14*0.10*0.10*0.06*0.05*0.06*0.06*0.06*0.07*0.10*0.10*0.10*0.11*0.12*
Net Income-46.8%1653101782721341.00301256235378351-14627432.0016127.0025826.00266258209
Net Income Margin4.6%0.10*0.10*0.06*0.07*0.07*0.07*0.11*0.11*0.08*0.08*0.05*0.03*0.06*0.06*0.06*0.07*0.09*0.08*0.08*0.09*0.10*
Free Cashflow-173.6%-201273278171-17625495.00110-95.0019043031912530136033972.00554306330-111
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.8%14,74814,63314,59414,77114,98314,66714,98514,87515,80615,51916,25916,09816,19516,08316,00915,97316,46516,00816,13716,25616,361
  Current Assets4.5%3,6383,4813,5673,6713,9733,7784,1054,0034,9294,6464,8754,7383,7973,5413,5343,5263,8513,3213,4403,5163,551
    Cash Equivalents-8.9%499548439410599493461456487459717609540564650704680204207186195
  Inventory5.1%1,7691,6831,7211,9601,9441,8941,9751,8261,6711,5041,6301,5011,5051,3791,3381,4191,6591,6621,6951,7301,704
  Net PPE-0.2%5,5355,5485,4265,4025,2585,1604,9824,9594,9974,9965,1725,1815,4665,5495,4895,4785,4985,5715,5345,5505,576
  Goodwill-0.1%3,6443,6463,6433,6973,7033,6643,6443,6633,6653,6414,0444,0534,4464,4654,4434,4254,4174,4314,4644,4814,477
Liabilities0.4%9,1409,1039,1709,4199,7219,4319,5189,4689,8299,73110,05210,0709,8769,9759,8539,87510,2739,97610,04010,31010,442
  Current Liabilities1.6%2,6182,5762,6152,7872,9713,2513,2073,1483,1362,9713,1132,2952,0162,0381,7891,8782,3151,7892,0802,2262,352
  Short Term Borrowings36.8%7405416408441,0141,1261,0869799847471,046325324349370702895171642731862
  Long Term Debt0.8%4,3404,3054,5804,5934,6364,0253,9794,0124,3794,4124,4425,2235,2005,2695,4955,4315,3995,6115,5675,6245,602
    LT Debt, Non Current0.8%4,3404,3054,5804,5934,6364,0253,9794,0124,3794,4124,4425,2235,2005,2695,4955,4315,3995,6115,5675,6245,602
Shareholder's Equity1.5%5,5385,4585,3525,3525,2625,2365,4675,4075,9775,7886,2076,0286,3196,1086,1566,0986,1926,0326,0975,9465,919
  Retained Earnings0.7%9,5599,4909,2749,1909,0138,9739,0658,8578,6948,5578,2788,0208,2608,0808,1428,0718,1337,9658,0297,8487,675
  Additional Paid-In Capital0.8%2,3882,3682,3522,3422,3252,3152,3012,1792,2622,1872,2752,2552,2192,1742,1342,1172,1092,1052,0922,0792,060
Accumulated Depreciation1.1%8,1168,0267,9567,9597,8957,7827,6637,7847,7567,6847,9667,8988,0617,9827,8437,6977,5847,5107,3647,2987,220
Shares Outstanding0.3%118117119119119119120123129129134136136136135135136136136137139
Minority Interest-2.8%70.0072.0072.0071.0074.0083.0083.0084.0084.0084.0087.0084.0086.0085.0081.0077.0075.0074.0077.0077.0076.00
Float-100.0%-9,763---10,607---14,993---9,409-----10,531-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-103.5%-16.00452514410-2.0045725624517.00430547426216406442436171671416422-5.00
Cashflow From Investing-172.2%-179248-182-246-252-206-158873-117418-170-178-99.00-112-81.00-100-101-120-141-94.00-125
Cashflow From Financing125.0%148-593-299-353357-223-88.00-1,139129-1,106-269-178-137-382-416-314408-556-250-339102
  Dividend Payments1.1%95.0094.0094.0094.0094.0091.0094.0098.0098.0093.0094.0094.0094.0089.0090.0089.0090.0085.0085.0086.0087.00
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EMN Income Statement

2024-03-31
UNAUDITED CONSOLIDATED STATEMENTS OF EARNINGS, COMPREHENSIVE INCOME AND RETAINED EARNINGS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Sales$ 2,310$ 2,412
Cost of sales1,7781,883
Gross profit532529
Selling, general and administrative expenses191191
Research and development expenses5962
Asset impairments and restructuring charges, net1122
Other components of post-employment (benefit) cost, net(5)(3)
Other (income) charges, net1311
Earnings before interest and taxes263246
Net interest expense4952
Earnings before income taxes214194
Provision for income taxes4960
Net earnings165134
Less: Net earnings attributable to noncontrolling interest00
Net earnings attributable to Eastman$ 165$ 134
Earnings Per Share, Basic [Abstract]  
Basic earnings per share attributable to Eastman$ 1.40$ 1.13
Diluted earnings per share attributable to Eastman  
Diluted earnings per share attributable to Eastman$ 1.39$ 1.12
Comprehensive Income  
Net earnings including noncontrolling interest$ 165$ 134
Other comprehensive income (loss), net of tax:  
Change in cumulative translation adjustment(10)(1)
Defined benefit pension and other postretirement benefit plans:  
Amortization of unrecognized prior service credits(2)(5)
Derivatives and hedging:  
Unrealized gain (loss) during period4(7)
Reclassification adjustment for (gains) losses included in net income, net(1)(2)
Total other comprehensive income (loss), net of tax(9)(15)
Comprehensive income including noncontrolling interest156119
Less: Net earnings attributable to noncontrolling interest00
Comprehensive income attributable to Eastman156119
Retained Earnings  
Retained earnings at beginning of period9,4908,973
Net earnings attributable to Eastman165134
Cash dividends declared(96)(94)
Retained earnings at end of period$ 9,559$ 9,013

EMN Balance Sheet

2024-03-31
UNAUDITED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets  
Cash and cash equivalents$ 499$ 548
Trade receivables, net of allowance for credit losses926826
Miscellaneous receivables348328
Inventories1,7691,683
Other current assets9696
Total current assets3,6383,481
Properties  
Properties and equipment at cost13,65113,574
Less: Accumulated depreciation8,1168,026
Net properties5,5355,548
Goodwill3,6443,646
Intangible assets, net of accumulated amortization1,1101,138
Other noncurrent assets821820
Total assets14,74814,633
Current liabilities  
Payables and other current liabilities1,8782,035
Borrowings due within one year740541
Total current liabilities2,6182,576
Long-term borrowings4,3404,305
Deferred income tax liabilities588601
Post-employment obligations663667
Other long-term liabilities931954
Total liabilities9,1409,103
Stockholders' equity  
Common stock ($0.01 par value – 350,000,000 shares authorized; shares issued – 223,068,055 and 222,762,317 as of March 31, 2024 and December 31, 2023, respectively)22
Additional paid-in capital2,3882,368
Retained earnings9,5599,490
Accumulated other comprehensive income (loss)(328)(319)
 Stockholder's Equity before Treasury Stock11,62111,541
Less: Treasury stock at cost (105,469,354 shares as of March 31, 2024 and December 31, 2023)6,0836,083
Total Eastman stockholders' equity5,5385,458
Noncontrolling interest7072
Total equity5,6085,530
Total liabilities and stockholders' equity$ 14,748$ 14,633
Common stock, par value (in dollars per share)$ 0.01 
Common stock, shares authorized (in shares)350,000,000 
Common stock, shares issued (in shares)223,068,055222,762,317
Treasury stock at cost (in shares)105,469,354105,469,354
EMN
Eastman Chemical Company operates as a specialty materials company in the United States and internationally. The company's Additives & Functional Products segment offers hydrocarbon resins; organic acid-based solutions; amine derivative-based building blocks; metam-based soil fumigants, thiram and ziram based fungicides, and plant growth regulators; specialty coalescent, specialty and commodity solvents, paint additives, and specialty polymers; heat transfer and aviation fluids; insoluble sulfur and anti-degradant rubber additives; and performance resins. 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 methylamines and salts, and higher amines and solvents; 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 agrochemicals markets. 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 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. Eastman Chemical Company was founded in 1920 and is headquartered in Kingsport, Tennessee.
 CEO
 WEBSITEeastman.com
 INDUSTRYChemicals
 EMPLOYEES14500

Eastman Chemical Co Frequently Asked Questions


What is the ticker symbol for Eastman Chemical Co? What does EMN stand for in stocks?

EMN is the stock ticker symbol of Eastman Chemical Co. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Eastman Chemical Co (EMN)?

As of Tue May 07 2024, market cap of Eastman Chemical Co is 11.84 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of EMN stock?

You can check EMN's fair value in chart for subscribers.

What is the fair value of EMN stock?

You can check EMN's fair value in chart for subscribers. The fair value of Eastman Chemical Co is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Eastman Chemical Co is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for EMN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Eastman Chemical Co a good stock to buy?

The fair value guage provides a quick view whether EMN is over valued or under valued. Whether Eastman Chemical Co is cheap or expensive depends on the assumptions which impact Eastman Chemical Co's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for EMN.

What is Eastman Chemical Co's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, EMN's PE ratio (Price to Earnings) is 12.8 and Price to Sales (PS) ratio is 1.3. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. EMN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Eastman Chemical Co's stock?

In the past 10 years, Eastman Chemical Co has provided 0.039 (multiply by 100 for percentage) rate of return.