EMN RSI Chart
Last 7 days
-4.7%
Last 30 days
4.0%
Last 90 days
10.3%
Trailing 12 Months
16.3%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
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 |
---|---|---|---|---|---|---|
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 | lich brad a | acquired | - | - | 11,922 | evp & cco |
Mar 01, 2024 | costa mark j | sold | -1,051,200 | 87.6 | -12,000 | ceo & board chair |
Mar 01, 2024 | lich brad a | sold (taxes) | -408,626 | 87.09 | -4,692 | evp & cco |
Feb 26, 2024 | stewart michelle renee | sold (taxes) | -12,029 | 86.54 | -139 | controller & cao |
Feb 26, 2024 | stewart michelle renee | acquired | - | - | 499 | controller & cao |
Feb 14, 2024 | walker kellye l. | sold (taxes) | -143,053 | 82.12 | -1,742 | evp, clo & corp. secretary |
Feb 14, 2024 | walker kellye l. | sold (taxes) | -141,657 | 82.12 | -1,725 | evp, clo & corp. secretary |
Feb 14, 2024 | killian christopher moore | acquired | - | - | 2,174 | svp & cto |
Which funds bought or sold EMN recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 16, 2024 | Brookmont Capital Management | added | 1.57 | 206,958 | 1,759,000 | 0.92% |
Apr 16, 2024 | MCF Advisors LLC | new | - | 405 | 405 | -% |
Apr 16, 2024 | WBH ADVISORY INC | reduced | -3.71 | 25,966 | 374,822 | 0.04% |
Apr 16, 2024 | TLWM | reduced | -1.77 | 77,718 | 887,445 | 0.20% |
Apr 16, 2024 | Stratos Wealth Partners, LTD. | reduced | -0.29 | 27,593 | 272,824 | -% |
Apr 16, 2024 | Sawyer & Company, Inc | reduced | -0.03 | 214,661 | 2,077,660 | 0.83% |
Apr 16, 2024 | INVESTMENT PARTNERS, LTD. | new | - | 210,462 | 210,462 | 0.10% |
Apr 16, 2024 | Tanglewood Legacy Advisors, LLC | unchanged | - | 5,174 | 49,858 | 0.03% |
Apr 16, 2024 | Chesley Taft & Associates LLC | unchanged | - | 46,020 | 443,474 | 0.02% |
Apr 16, 2024 | Asset Dedication, LLC | unchanged | - | 42,000 | 381,000 | 0.03% |
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 | 51.0B | 12.4B | 21.8 | 4.1 | ||||
DOW | 40.1B | 44.6B | 60.75 | 0.9 | ||||
CE | 16.8B | 10.9B | 8.58 | 1.54 | ||||
AVTR | 16.5B | 7.0B | 51.5 | 2.37 | ||||
ALB | 13.4B | 9.6B | 8.54 | 1.4 | ||||
EMN | 11.3B | 9.2B | 12.59 | 1.22 | ||||
MID-CAP | ||||||||
CBT | 5.1B | 3.9B | 11.45 | 1.3 | ||||
BCPC | 4.6B | 922.4M | 42.75 | 5.03 | ||||
AVNT | 3.8B | 3.1B | 50.51 | 1.22 | ||||
ARCH | 3.0B | 3.1B | 6.53 | 0.96 | ||||
SMALL-CAP | ||||||||
CCF | 1.2B | 404.0M | 36.59 | 3 | ||||
ASIX | 712.6M | 1.5B | 13.05 | 0.46 | ||||
CMT | 172.4M | 357.7M | 8.48 | 0.48 | ||||
AREC | 108.8M | 16.7M | 9.82 | 6.5 | ||||
AMRS | 3.7M | - | -0.01 | 0.01 |
Eastman Chemical Co News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -2.6% | 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 | 2,376 |
Gross Profit | -4.1% | 464 | 484 | 584 | 529 | 376 | 541 | 670 | 550 | 559 | 662 | 681 | 598 | 526 | 501 | 371 | 577 | 497 | 574 | 589 | 574 | 466 |
S&GA Expenses | 19.4% | 191 | 160 | 185 | 191 | 172 | 173 | 185 | 196 | 208 | 201 | 202 | 184 | 174 | 165 | 155 | 160 | 176 | 163 | 165 | 187 | 167 |
R&D Expenses | -5.0% | 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 | 59.00 |
EBITDA Margin | 42.9% | 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* | 0.17* |
Interest Expenses | 8.8% | -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 | -57.00 |
Income Taxes | 470.0% | 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 | 36.00 |
Earnings Before Taxes | 113.6% | 425 | 199 | 269 | 194 | 28.00 | 281 | 381 | 287 | 529 | 321 | -107 | 339 | 25.00 | 190 | -1.00 | 316 | 9.00 | 313 | 316 | 264 | 71.00 |
EBT Margin | 60.4% | 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* | 0.13* |
Net Income | 74.2% | 310 | 178 | 272 | 134 | 1.00 | 301 | 256 | 235 | 378 | 351 | -146 | 274 | 32.00 | 161 | 27.00 | 258 | 26.00 | 266 | 258 | 209 | 34.00 |
Net Income Margin | 55.6% | 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* | 0.11* |
Free Cashflow | -1.8% | 273 | 278 | 171 | -176 | 254 | 95.00 | 110 | -95.00 | 190 | 430 | 319 | 125 | 301 | 360 | 339 | 72.00 | 554 | 306 | 330 | -111 | 593 |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 0.3% | 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 | 15,995 |
Current Assets | -2.4% | 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 | 3,365 |
Cash Equivalents | 24.8% | 548 | 439 | 410 | 599 | 493 | 461 | 456 | 487 | 459 | 717 | 609 | 540 | 564 | 650 | 704 | 680 | 204 | 207 | 186 | 195 | 226 |
Inventory | -2.2% | 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 | 1,583 |
Net PPE | 2.2% | 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 | 5,600 |
Goodwill | 0.1% | 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 | 4,467 |
Liabilities | -0.7% | 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 | 10,117 |
Current Liabilities | -1.5% | 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 | 1,851 |
Short Term Borrowings | -15.5% | 541 | 640 | 844 | 1,014 | 1,126 | 1,086 | 979 | 984 | 747 | 1,046 | 325 | 324 | 349 | 370 | 702 | 895 | 171 | 642 | 731 | 862 | 243 |
Long Term Debt | -6.0% | 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 | 5,925 |
LT Debt, Non Current | -6.0% | 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 | 5,925 |
Shareholder's Equity | 2.0% | 5,458 | 5,352 | 5,352 | 5,262 | 5,153 | 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 | 5,878 |
Retained Earnings | 2.3% | 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 | 7,573 |
Additional Paid-In Capital | 0.7% | 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 | 2,048 |
Accumulated Depreciation | 0.9% | 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 | 7,131 |
Shares Outstanding | -1.0% | 117 | 119 | 119 | 119 | 119 | 120 | 123 | 129 | 129 | 134 | 136 | 136 | 136 | 135 | 135 | 136 | 136 | 136 | 137 | 139 | 140 |
Minority Interest | 0% | 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 | 75.00 |
Float | - | 9,763 | - | - | - | 10,607 | - | - | - | 14,993 | - | - | - | 9,409 | - | - | - | - | - | 10,531 | - | 13,912 |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -12.1% | 452 | 514 | 410 | -2.00 | 457 | 256 | 245 | 17.00 | 430 | 547 | 426 | 216 | 406 | 442 | 436 | 171 | 671 | 416 | 422 | -5.00 | 740 |
Cashflow From Investing | 236.3% | 248 | -182 | -246 | -252 | -206 | -158 | 873 | -117 | 418 | -170 | -178 | -99.00 | -112 | -81.00 | -100 | -101 | -120 | -141 | -94.00 | -125 | -148 |
Cashflow From Financing | -98.3% | -593 | -299 | -353 | 357 | -223 | -88.00 | -1,139 | 129 | -1,106 | -269 | -178 | -137 | -382 | -416 | -314 | 408 | -556 | -250 | -339 | 102 | -558 |
Dividend Payments | 0% | 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 | 78.00 |
CONSOLIDATED STATEMENTS OF EARNINGS, COMPREHENSIVE INCOME AND RETAINED EARNINGS - USD ($) $ in Millions | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Income Statement [Abstract] | |||
Sales | $ 9,210 | $ 10,580 | $ 10,476 |
Cost of sales | 7,149 | 8,443 | 7,976 |
Gross profit | 2,061 | 2,137 | 2,500 |
Selling, general and administrative expenses | 727 | 726 | 795 |
Research and development expenses | 239 | 264 | 254 |
Asset impairments and restructuring charges, net | 37 | 52 | 47 |
Other components of post-employment (benefit) cost, net | 41 | (101) | (412) |
Other (income) charges, net | 38 | (6) | (17) |
Net (gain) loss on divested businesses | (323) | 43 | 552 |
Earnings before interest and taxes | 1,302 | 1,159 | 1,281 |
Net interest expense | 215 | 182 | 198 |
Early debt extinguishment costs | 0 | 0 | 1 |
Earnings before income taxes | 1,087 | 977 | 1,082 |
Provision for income taxes | 191 | 181 | 215 |
Net earnings | 896 | 796 | 867 |
Less: Net earnings attributable to noncontrolling interest | 2 | 3 | 10 |
Net earnings attributable to Eastman | $ 894 | $ 793 | $ 857 |
Basic earnings per share attributable to Eastman | |||
Basic earnings per share attributable to Eastman | $ 7.54 | $ 6.42 | $ 6.35 |
Diluted earnings per share attributable to Eastman | |||
Diluted earnings per share attributable to Eastman | $ 7.49 | $ 6.35 | $ 6.25 |
Comprehensive Income | |||
Net earnings including noncontrolling interest | $ 896 | $ 796 | $ 867 |
Other comprehensive income (loss), net of tax: | |||
Change in cumulative translation adjustment | (67) | 7 | 56 |
Defined benefit pension and other postretirement benefit plans [Abstract] | |||
Amortization of unrecognized prior service credits included in net periodic costs | (21) | (27) | (28) |
Derivatives and hedging [Abstract] | |||
Unrealized gain (loss) during period | (27) | 53 | 66 |
Reclassification adjustment for (gains) losses included in net income, net | 1 | (56) | (3) |
Total other comprehensive income (loss), net of tax | (114) | (23) | 91 |
Comprehensive income including noncontrolling interest | 782 | 773 | 958 |
Less: Net earnings attributable to noncontrolling interest | 2 | 3 | 10 |
Comprehensive income attributable to Eastman | 780 | 770 | 948 |
Retained Earnings | |||
Retained earnings at beginning of period | 8,973 | 8,557 | 8,080 |
Net earnings attributable to Eastman | 894 | 793 | 857 |
Cash dividends declared | (377) | (377) | (380) |
Retained earnings at end of period | $ 9,490 | $ 8,973 | $ 8,557 |
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Millions | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 548 | $ 493 |
Trade receivables, net of allowance for credit losses | 826 | 957 |
Miscellaneous receivables | 328 | 320 |
Inventories | 1,683 | 1,894 |
Other current assets | 96 | 114 |
Total current assets | 3,481 | 3,778 |
Properties | ||
Properties and equipment at cost | 13,574 | 12,942 |
Less: Accumulated depreciation | 8,026 | 7,782 |
Net properties | 5,548 | 5,160 |
Goodwill | 3,646 | 3,664 |
Intangible assets, net of accumulated amortization | 1,138 | 1,210 |
Other noncurrent assets | 820 | 855 |
Total assets | 14,633 | 14,667 |
Current liabilities | ||
Payables and other current liabilities | 2,035 | 2,125 |
Borrowings due within one year | 541 | 1,126 |
Total current liabilities | 2,576 | 3,251 |
Long-term borrowings | 4,305 | 4,025 |
Deferred income tax liabilities | 601 | 671 |
Post-employment obligations | 667 | 628 |
Other long-term liabilities | 954 | 856 |
Total liabilities | $ 9,103 | $ 9,431 |
Common stock, shares issued (in shares) | 222,762,317 | 222,348,557 |
Common Stock, Shares Authorized | 350,000,000 | 350,000,000 |
Common stock, par value (in dollars per share) | $ 0.01 | $ 0.01 |
Stockholders' equity | ||
Common stock ($0.01 par value per share – 350,000,000 shares authorized; shares issued – 222,762,317 and 222,348,557 on December 31, 2023 and 2022, respectively) | $ 2 | $ 2 |
Additional paid-in capital | 2,368 | 2,315 |
Retained earnings | 9,490 | 8,973 |
Accumulated other comprehensive loss | (319) | (205) |
Total stockholders' equity before treasury stock | $ 11,541 | $ 11,085 |
Treasury stock at cost (in shares) | 105,469,354 | 103,602,488 |
Less: Treasury stock at cost (105,469,354 and 103,602,488 shares on December 31, 2023 and 2022, respectively) | $ 6,083 | $ 5,932 |
Total Eastman stockholders' equity | 5,458 | 5,153 |
Noncontrolling interest | 72 | 83 |
Total equity | 5,530 | 5,236 |
Total liabilities and stockholders' equity | $ 14,633 | $ 14,667 |
 | Mr. Mark J. Costa |
---|---|
 | eastman.com |
 | Chemicals |
 | 14500 |