EMN RSI Chart
Last 7 days
6.6%
Last 30 days
0.8%
Last 90 days
21.3%
Trailing 12 Months
24.6%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 9.1B | 0 | 0 | 0 |
2023 | 10.3B | 9.8B | 9.4B | 9.2B |
2022 | 10.8B | 10.9B | 10.9B | 10.6B |
2021 | 8.6B | 9.4B | 10.0B | 10.5B |
2020 | 9.1B | 8.7B | 8.5B | 8.5B |
2019 | 9.9B | 9.7B | 9.4B | 9.3B |
2018 | 9.9B | 10.1B | 10.1B | 10.2B |
2017 | 9.1B | 9.2B | 9.4B | 9.5B |
2016 | 9.4B | 9.2B | 9.0B | 9.0B |
2015 | 9.7B | 9.7B | 9.8B | 9.6B |
2014 | 9.3B | 9.4B | 9.4B | 9.5B |
2013 | 8.6B | 9.2B | 9.3B | 9.3B |
2012 | 7.2B | 7.2B | 7.7B | 8.1B |
2011 | 6.2B | 6.6B | 6.9B | 7.2B |
2010 | 4.6B | 4.9B | 5.1B | 5.8B |
2009 | 5.3B | 4.8B | 4.3B | 4.4B |
2008 | 0 | 6.5B | 6.2B | 5.9B |
2007 | 0 | 0 | 0 | 6.8B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index
Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.
Returns of $10,000 invested in:
Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022
Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 |
Which funds bought or sold EMN recently?
View All DetailsDatesorted ascending | Fund Name | Type | % 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% |
Unveiling Eastman Chemical Co's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Eastman Chemical Co)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
APD | 55.3B | 12.2B | 22.4 | 4.55 | ||||
DOW | 41.1B | 43.5B | 32.39 | 0.94 | ||||
CE | 17.7B | 10.9B | 9.04 | 1.62 | ||||
AVTR | 16.9B | 6.9B | 64.9 | 2.46 | ||||
ALB | 15.5B | 8.4B | 45.83 | 1.84 | ||||
EMN | 11.8B | 9.1B | 12.8 | 1.3 | ||||
MID-CAP | ||||||||
CBT | 5.6B | 3.9B | 12.6 | 1.43 | ||||
BCPC | 5.0B | 929.6M | 43.91 | 5.42 | ||||
AVNT | 4.2B | 3.1B | 40.24 | 1.35 | ||||
ARCH | 2.9B | 3.0B | 9.04 | 0.98 | ||||
SMALL-CAP | ||||||||
CCF | 1.2B | 404.0M | 36.59 | 3 | ||||
ASIX | 641.0M | 1.5B | 281.99 | 0.44 | ||||
CMT | 165.3M | 336.4M | 9.07 | 0.49 | ||||
AREC | 98.2M | 16.7M | -8.3 | 5.86 | ||||
AMRS | 3.7M | - | -0.01 | 0.01 |
Eastman Chemical Co News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 4.7% | 2,310 | 2,207 | 2,267 | 2,324 | 2,412 | 2,373 | 2,709 | 2,784 | 2,714 | 2,694 | 2,720 | 2,653 | 2,409 | 2,186 | 2,122 | 1,924 | 2,241 | 2,205 | 2,325 | 2,363 | 2,380 |
Gross Profit | 14.7% | 532 | 464 | 484 | 584 | 529 | 376 | 541 | 670 | 550 | 559 | 662 | 681 | 598 | 526 | 501 | 371 | 577 | 497 | 574 | 589 | 574 |
S&GA Expenses | 0% | 191 | 191 | 160 | 185 | 191 | 172 | 173 | 185 | 196 | 208 | 201 | 202 | 184 | 174 | 165 | 155 | 160 | 176 | 163 | 165 | 187 |
R&D Expenses | 3.5% | 59.00 | 57.00 | 60.00 | 60.00 | 62.00 | 64.00 | 68.00 | 67.00 | 65.00 | 67.00 | 66.00 | 63.00 | 58.00 | 57.00 | 56.00 | 52.00 | 61.00 | 60.00 | 59.00 | 57.00 | 58.00 |
EBITDA Margin | 1.8% | 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 Expenses | 5.8% | -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% | 49.00 | 114 | 20.00 | -3.00 | 60.00 | 26.00 | -20.00 | 124 | 51.00 | 149 | -33.00 | 37.00 | 62.00 | -9.00 | 25.00 | -31.00 | 56.00 | -18.00 | 46.00 | 57.00 | 55.00 |
Earnings Before Taxes | -49.6% | 214 | 425 | 199 | 269 | 194 | 28.00 | 281 | 381 | 287 | 529 | 321 | -107 | 339 | 25.00 | 190 | -1.00 | 316 | 9.00 | 313 | 316 | 264 |
EBT Margin | 3.0% | 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% | 165 | 310 | 178 | 272 | 134 | 1.00 | 301 | 256 | 235 | 378 | 351 | -146 | 274 | 32.00 | 161 | 27.00 | 258 | 26.00 | 266 | 258 | 209 |
Net Income Margin | 4.6% | 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% | -201 | 273 | 278 | 171 | -176 | 254 | 95.00 | 110 | -95.00 | 190 | 430 | 319 | 125 | 301 | 360 | 339 | 72.00 | 554 | 306 | 330 | -111 |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 0.8% | 14,748 | 14,633 | 14,594 | 14,771 | 14,983 | 14,667 | 14,985 | 14,875 | 15,806 | 15,519 | 16,259 | 16,098 | 16,195 | 16,083 | 16,009 | 15,973 | 16,465 | 16,008 | 16,137 | 16,256 | 16,361 |
Current Assets | 4.5% | 3,638 | 3,481 | 3,567 | 3,671 | 3,973 | 3,778 | 4,105 | 4,003 | 4,929 | 4,646 | 4,875 | 4,738 | 3,797 | 3,541 | 3,534 | 3,526 | 3,851 | 3,321 | 3,440 | 3,516 | 3,551 |
Cash Equivalents | -8.9% | 499 | 548 | 439 | 410 | 599 | 493 | 461 | 456 | 487 | 459 | 717 | 609 | 540 | 564 | 650 | 704 | 680 | 204 | 207 | 186 | 195 |
Inventory | 5.1% | 1,769 | 1,683 | 1,721 | 1,960 | 1,944 | 1,894 | 1,975 | 1,826 | 1,671 | 1,504 | 1,630 | 1,501 | 1,505 | 1,379 | 1,338 | 1,419 | 1,659 | 1,662 | 1,695 | 1,730 | 1,704 |
Net PPE | -0.2% | 5,535 | 5,548 | 5,426 | 5,402 | 5,258 | 5,160 | 4,982 | 4,959 | 4,997 | 4,996 | 5,172 | 5,181 | 5,466 | 5,549 | 5,489 | 5,478 | 5,498 | 5,571 | 5,534 | 5,550 | 5,576 |
Goodwill | -0.1% | 3,644 | 3,646 | 3,643 | 3,697 | 3,703 | 3,664 | 3,644 | 3,663 | 3,665 | 3,641 | 4,044 | 4,053 | 4,446 | 4,465 | 4,443 | 4,425 | 4,417 | 4,431 | 4,464 | 4,481 | 4,477 |
Liabilities | 0.4% | 9,140 | 9,103 | 9,170 | 9,419 | 9,721 | 9,431 | 9,518 | 9,468 | 9,829 | 9,731 | 10,052 | 10,070 | 9,876 | 9,975 | 9,853 | 9,875 | 10,273 | 9,976 | 10,040 | 10,310 | 10,442 |
Current Liabilities | 1.6% | 2,618 | 2,576 | 2,615 | 2,787 | 2,971 | 3,251 | 3,207 | 3,148 | 3,136 | 2,971 | 3,113 | 2,295 | 2,016 | 2,038 | 1,789 | 1,878 | 2,315 | 1,789 | 2,080 | 2,226 | 2,352 |
Short Term Borrowings | 36.8% | 740 | 541 | 640 | 844 | 1,014 | 1,126 | 1,086 | 979 | 984 | 747 | 1,046 | 325 | 324 | 349 | 370 | 702 | 895 | 171 | 642 | 731 | 862 |
Long Term Debt | 0.8% | 4,340 | 4,305 | 4,580 | 4,593 | 4,636 | 4,025 | 3,979 | 4,012 | 4,379 | 4,412 | 4,442 | 5,223 | 5,200 | 5,269 | 5,495 | 5,431 | 5,399 | 5,611 | 5,567 | 5,624 | 5,602 |
LT Debt, Non Current | 0.8% | 4,340 | 4,305 | 4,580 | 4,593 | 4,636 | 4,025 | 3,979 | 4,012 | 4,379 | 4,412 | 4,442 | 5,223 | 5,200 | 5,269 | 5,495 | 5,431 | 5,399 | 5,611 | 5,567 | 5,624 | 5,602 |
Shareholder's Equity | 1.5% | 5,538 | 5,458 | 5,352 | 5,352 | 5,262 | 5,236 | 5,467 | 5,407 | 5,977 | 5,788 | 6,207 | 6,028 | 6,319 | 6,108 | 6,156 | 6,098 | 6,192 | 6,032 | 6,097 | 5,946 | 5,919 |
Retained Earnings | 0.7% | 9,559 | 9,490 | 9,274 | 9,190 | 9,013 | 8,973 | 9,065 | 8,857 | 8,694 | 8,557 | 8,278 | 8,020 | 8,260 | 8,080 | 8,142 | 8,071 | 8,133 | 7,965 | 8,029 | 7,848 | 7,675 |
Additional Paid-In Capital | 0.8% | 2,388 | 2,368 | 2,352 | 2,342 | 2,325 | 2,315 | 2,301 | 2,179 | 2,262 | 2,187 | 2,275 | 2,255 | 2,219 | 2,174 | 2,134 | 2,117 | 2,109 | 2,105 | 2,092 | 2,079 | 2,060 |
Accumulated Depreciation | 1.1% | 8,116 | 8,026 | 7,956 | 7,959 | 7,895 | 7,782 | 7,663 | 7,784 | 7,756 | 7,684 | 7,966 | 7,898 | 8,061 | 7,982 | 7,843 | 7,697 | 7,584 | 7,510 | 7,364 | 7,298 | 7,220 |
Shares Outstanding | 0.3% | 118 | 117 | 119 | 119 | 119 | 119 | 120 | 123 | 129 | 129 | 134 | 136 | 136 | 136 | 135 | 135 | 136 | 136 | 136 | 137 | 139 |
Minority Interest | -2.8% | 70.00 | 72.00 | 72.00 | 71.00 | 74.00 | 83.00 | 83.00 | 84.00 | 84.00 | 84.00 | 87.00 | 84.00 | 86.00 | 85.00 | 81.00 | 77.00 | 75.00 | 74.00 | 77.00 | 77.00 | 76.00 |
Float | -100.0% | - | 9,763 | - | - | - | 10,607 | - | - | - | 14,993 | - | - | - | 9,409 | - | - | - | - | - | 10,531 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -103.5% | -16.00 | 452 | 514 | 410 | -2.00 | 457 | 256 | 245 | 17.00 | 430 | 547 | 426 | 216 | 406 | 442 | 436 | 171 | 671 | 416 | 422 | -5.00 |
Cashflow From Investing | -172.2% | -179 | 248 | -182 | -246 | -252 | -206 | -158 | 873 | -117 | 418 | -170 | -178 | -99.00 | -112 | -81.00 | -100 | -101 | -120 | -141 | -94.00 | -125 |
Cashflow From Financing | 125.0% | 148 | -593 | -299 | -353 | 357 | -223 | -88.00 | -1,139 | 129 | -1,106 | -269 | -178 | -137 | -382 | -416 | -314 | 408 | -556 | -250 | -339 | 102 |
Dividend Payments | 1.1% | 95.00 | 94.00 | 94.00 | 94.00 | 94.00 | 91.00 | 94.00 | 98.00 | 98.00 | 93.00 | 94.00 | 94.00 | 94.00 | 89.00 | 90.00 | 89.00 | 90.00 | 85.00 | 85.00 | 86.00 | 87.00 |
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 sales | 1,778 | 1,883 |
Gross profit | 532 | 529 |
Selling, general and administrative expenses | 191 | 191 |
Research and development expenses | 59 | 62 |
Asset impairments and restructuring charges, net | 11 | 22 |
Other components of post-employment (benefit) cost, net | (5) | (3) |
Other (income) charges, net | 13 | 11 |
Earnings before interest and taxes | 263 | 246 |
Net interest expense | 49 | 52 |
Earnings before income taxes | 214 | 194 |
Provision for income taxes | 49 | 60 |
Net earnings | 165 | 134 |
Less: Net earnings attributable to noncontrolling interest | 0 | 0 |
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 period | 4 | (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 interest | 156 | 119 |
Less: Net earnings attributable to noncontrolling interest | 0 | 0 |
Comprehensive income attributable to Eastman | 156 | 119 |
Retained Earnings | ||
Retained earnings at beginning of period | 9,490 | 8,973 |
Net earnings attributable to Eastman | 165 | 134 |
Cash dividends declared | (96) | (94) |
Retained earnings at end of period | $ 9,559 | $ 9,013 |
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 losses | 926 | 826 |
Miscellaneous receivables | 348 | 328 |
Inventories | 1,769 | 1,683 |
Other current assets | 96 | 96 |
Total current assets | 3,638 | 3,481 |
Properties | ||
Properties and equipment at cost | 13,651 | 13,574 |
Less: Accumulated depreciation | 8,116 | 8,026 |
Net properties | 5,535 | 5,548 |
Goodwill | 3,644 | 3,646 |
Intangible assets, net of accumulated amortization | 1,110 | 1,138 |
Other noncurrent assets | 821 | 820 |
Total assets | 14,748 | 14,633 |
Current liabilities | ||
Payables and other current liabilities | 1,878 | 2,035 |
Borrowings due within one year | 740 | 541 |
Total current liabilities | 2,618 | 2,576 |
Long-term borrowings | 4,340 | 4,305 |
Deferred income tax liabilities | 588 | 601 |
Post-employment obligations | 663 | 667 |
Other long-term liabilities | 931 | 954 |
Total liabilities | 9,140 | 9,103 |
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) | 2 | 2 |
Additional paid-in capital | 2,388 | 2,368 |
Retained earnings | 9,559 | 9,490 |
Accumulated other comprehensive income (loss) | (328) | (319) |
Stockholder's Equity before Treasury Stock | 11,621 | 11,541 |
Less: Treasury stock at cost (105,469,354 shares as of March 31, 2024 and December 31, 2023) | 6,083 | 6,083 |
Total Eastman stockholders' equity | 5,538 | 5,458 |
Noncontrolling interest | 70 | 72 |
Total equity | 5,608 | 5,530 |
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) | 223,068,055 | 222,762,317 |
Treasury stock at cost (in shares) | 105,469,354 | 105,469,354 |
 | Mr. Mark J. Costa |
---|---|
 | eastman.com |
 | Chemicals |
 | 14500 |