Last 7 days
-5.1%
Last 30 days
-9.4%
Last 90 days
-2.6%
Trailing 12 Months
-23.8%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
DD | 34.6B | 13.0B | -11.17% | -4.61% | 5.89 | 2.66 | 3.59% | -9.26% |
PPG | 26.8B | 17.7B | -2.11% | 3.18% | 24.98 | 1.52 | 5.06% | -28.70% |
ALB | 25.1B | 7.3B | -20.57% | 18.26% | 9.35 | 3.44 | 119.96% | 2074.96% |
CE | 11.3B | - | -16.10% | -24.80% | 5.98 | 1.18 | 22.25% | 0.21% |
MID-CAP | ||||||||
EMN | 9.8B | 10.6B | -9.42% | -23.78% | 12.4 | 0.93 | 0.99% | -7.47% |
OLN | 6.9B | 9.4B | -19.85% | 0.94% | 5.18 | 0.73 | 5.23% | 2.33% |
AXTA | 5.3B | 4.9B | -4.95% | 17.14% | 26.11 | 1.1 | 10.60% | -27.40% |
HUN | 5.1B | 8.0B | -12.87% | -28.62% | 11.13 | 0.64 | 4.60% | -55.98% |
AVNT | 3.5B | 3.4B | -2.52% | -21.58% | 5 | 1.04 | 2.46% | 204.64% |
GCP | 2.4B | 999.6M | 1.27% | 44.25% | 215.39 | 2.37 | 3.34% | -90.08% |
SMALL-CAP | ||||||||
ASIX | 970.8M | 1.9B | -18.23% | -28.96% | 5.65 | 0.5 | 15.49% | 22.96% |
TSE | 703.1M | 5.0B | -24.28% | -54.90% | -1.63 | 0.14 | 2.86% | -197.93% |
RYAM | 412.9M | 1.7B | -8.23% | -1.55% | -27.68 | 0.24 | 22.00% | -122.46% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | -2.9% | 10,580 | 10,901 | 10,912 | 10,781 | 10,476 |
Gross Profit | -7.9% | 2,137 | 2,320 | 2,441 | 2,452 | 2,500 |
S&GA Expenses | -4.7% | 726 | 762 | 790 | 807 | 795 |
R&D Expenses | -1.1% | 264 | 267 | 265 | 261 | 254 |
EBITDA | -28.5% | 1,272 | 1,778 | 1,822 | 1,346 | 1,422 |
EBITDA Margin | -26.3% | 0.12* | 0.16* | 0.17* | 0.12* | 0.14* |
Earnings Before Taxes | -33.9% | 977 | 1,478 | 1,518 | 1,030 | 1,082 |
EBT Margin | -31.9% | 0.09* | 0.14* | 0.14* | 0.10* | 0.10* |
Interest Expenses | 0% | -182 | -182 | -188 | -194 | -198 |
Net Income | -32.2% | 793 | 1,170 | 1,220 | 818 | 857 |
Net Income Margin | -30.2% | 0.07* | 0.11* | 0.11* | 0.08* | 0.08* |
Free Cahsflow | 21.3% | 364 | 300 | 635 | 844 | 1,064 |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | -2.1% | 14,667 | 14,985 | 14,875 | 15,806 | 15,519 |
Current Assets | -8.0% | 3,778 | 4,105 | 4,003 | 4,929 | 4,646 |
Cash Equivalents | 6.9% | 493 | 461 | 456 | 487 | 459 |
Inventory | -4.1% | 1,894 | 1,975 | 1,826 | 1,671 | 1,504 |
Net PPE | 3.6% | 5,160 | 4,982 | 4,959 | 4,997 | 4,996 |
Goodwill | 0.5% | 3,664 | 3,644 | 3,663 | 3,665 | 3,641 |
Liabilities | -0.9% | 9,431 | 9,518 | 9,468 | 9,829 | 9,731 |
Current Liabilities | 1.4% | 3,251 | 3,207 | 3,148 | 3,136 | 2,971 |
. Short Term Borrowings | 3.7% | 1,126 | 1,086 | 979 | 984 | 747 |
LT Debt, Non Current | 1.2% | 4,025 | 3,979 | 4,012 | 4,379 | 4,412 |
Shareholder's Equity | -4.3% | 5,153 | 5,384 | 5,407 | 5,977 | 5,704 |
Retained Earnings | -1.0% | 8,973 | 9,065 | 8,857 | 8,694 | 8,557 |
Additional Paid-In Capital | 0.6% | 2,315 | 2,301 | 2,179 | 2,262 | 2,187 |
Accumulated Depreciation | 1.6% | 7,782 | 7,663 | 7,784 | 7,756 | 7,684 |
Shares Outstanding | -2.3% | 120 | 123 | 129 | 129 | - |
Minority Interest | 0% | 83.00 | 83.00 | 84.00 | 84.00 | 84.00 |
Float | - | 14,993 | - | - | - | - |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | 2.8% | 975 | 948 | 1,239 | 1,420 | 1,619 |
Cashflow From Investing | -61.4% | 392 | 1,016 | 1,004 | -47.00 | -29.00 |
Cashflow From Financing | 40.1% | -1,321 | -2,204 | -2,385 | -1,424 | -1,690 |
Dividend Payments | -0.5% | 381 | 383 | 383 | 379 | 375 |
78.1%
51.5%
27.3%
Y-axis is the maximum loss one would have experienced if Eastman Chemical was unfortunately bought at previous high price.
3.5%
4.4%
-3.2%
22.7%
FIve years rolling returns for Eastman Chemical.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | new | - | 279,405 | 279,405 | 0.01% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 0.27 | 4,442,400 | 34,193,400 | 0.04% |
2023-03-08 | Capital Asset Advisory Services LLC | reduced | -12.21 | 13,966 | 247,966 | 0.02% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 9.57 | 66,000 | 325,000 | -% |
2023-03-06 | Aldebaran Financial Inc. | added | 0.23 | 73,062 | 687,062 | 0.74% |
2023-03-06 | BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL | unchanged | - | 30,248 | 240,248 | 0.09% |
2023-03-03 | TIAA, FSB | added | 16.52 | 85,804 | 341,804 | -% |
2023-02-28 | Voya Investment Management LLC | reduced | -13.48 | -359,136 | 43,019,900 | 0.06% |
2023-02-24 | National Pension Service | unchanged | - | 174,076 | 1,333,660 | -% |
2023-02-24 | NATIXIS | reduced | -99.31 | -32,509,700 | 256,292 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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 | |
Jan 10, 2022 | jpmorgan chase & co | 7.4% | 10,068,435 | SC 13G/A | |
Feb 16, 2021 | capital world investors | 7.5% | 10,167,734 | SC 13G | |
Feb 10, 2021 | vanguard group inc | 10.91% | 14,774,094 | SC 13G/A |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | 76.09 -7.16% | 105.38 28.57% | 133.71 63.14% | 198.24 141.87% | 235.23 187.01% |
Current Inflation | 69.76 -14.89% | 81.68 -0.34% | 101.34 23.65% | 140.53 71.46% | 163.16 99.07% |
Very High Inflation | 67.56 -17.57% | 89.70 9.44% | 104.34 27.31% | 147.91 80.47% | 172.20 110.10% |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 08, 2023 | 8-K | Current Report | |
Mar 02, 2023 | 4 | Insider Trading | |
Feb 28, 2023 | 4 | Insider Trading | |
Feb 28, 2023 | 4 | Insider Trading | |
Feb 28, 2023 | 4 | Insider Trading | |
Feb 28, 2023 | 4 | Insider Trading | |
Feb 28, 2023 | 4 | Insider Trading | |
Feb 28, 2023 | 4 | Insider Trading | |
Feb 28, 2023 | 4 | Insider Trading | |
Feb 28, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-02-28 | Stewart Michelle Renee | acquired | - | - | 665 | controller & cao |
2023-02-28 | Stewart Michelle Renee | sold (taxes) | -15,762 | 85.2 | -185 | controller & cao |
2023-02-17 | McAlindon Julie A. | sold | -165,091 | 86.89 | -1,900 | svp, regions & chf supchn ofcr |
2023-02-15 | LICH BRAD A | acquired | - | - | 23,229 | evp & cco |
2023-02-15 | Costa Mark J | acquired | - | - | 92,916 | ceo & board chair |
2023-02-15 | Killian Christopher Moore | sold (taxes) | -80,537 | 89.09 | -904 | svp & cto |
2023-02-15 | McLain William Thomas Jr. | acquired | - | - | 14,519 | svp, cfo |
2023-02-15 | McLain William Thomas Jr. | sold (taxes) | -360,280 | 89.09 | -4,044 | svp, cfo |
2023-02-15 | LICH BRAD A | sold (taxes) | -665,591 | 89.09 | -7,471 | evp & cco |
2023-02-15 | CRAWFORD STEPHEN GLENN | sold (taxes) | -342,907 | 89.09 | -3,849 | evp, manf. & chf sustain ofcr |
CONSOLIDATED STATEMENTS OF EARNINGS, COMPREHENSIVE INCOME AND RETAINED EARNINGS - USD ($) $ in Millions | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Income Statement [Abstract] | |||
Sales | $ 10,580 | $ 10,476 | $ 8,473 |
Cost of sales | 8,443 | 7,976 | 6,498 |
Gross profit | 2,137 | 2,500 | 1,975 |
Selling, general and administrative expenses | 726 | 795 | 654 |
Research and development expenses | 264 | 254 | 226 |
Asset impairments and restructuring charges, net | 52 | 47 | 227 |
Other components of post-employment (benefit) cost, net | (101) | (412) | 119 |
Other (income) charges, net | (6) | (17) | 8 |
Loss on divested businesses | 43 | 552 | 0 |
Earnings before interest and taxes | 1,159 | 1,281 | 741 |
Net interest expense | 182 | 198 | 210 |
Early debt extinguishment costs | 0 | 1 | 1 |
Earnings before income taxes | 977 | 1,082 | 530 |
Provision for income taxes | 181 | 215 | 41 |
Net earnings | 796 | 867 | 489 |
Less: Net earnings attributable to noncontrolling interest | 3 | 10 | 11 |
Net earnings attributable to Eastman | $ 793 | $ 857 | $ 478 |
Basic earnings per share attributable to Eastman | |||
Basic earnings per share attributable to Eastman | $ 6.42 | $ 6.35 | $ 3.53 |
Diluted earnings per share attributable to Eastman | |||
Diluted earnings per share attributable to Eastman | $ 6.35 | $ 6.25 | $ 3.50 |
Comprehensive Income | |||
Net earnings including noncontrolling interest | $ 796 | $ 867 | $ 489 |
Other comprehensive income (loss), net of tax: | |||
Change in cumulative translation adjustment | 7 | 56 | (29) |
Defined benefit pension and other postretirement benefit plans [Abstract] | |||
Prior service credit arising during the period | 0 | 0 | 9 |
Amortization of unrecognized prior service credits included in net periodic costs | (27) | (28) | (28) |
Derivatives and hedging [Abstract] | |||
Unrealized gain (loss) during period | 53 | 66 | (34) |
Reclassification adjustment for (gains) losses included in net income, net | (56) | (3) | 23 |
Total other comprehensive income (loss), net of tax | (23) | 91 | (59) |
Comprehensive income including noncontrolling interest | 773 | 958 | 430 |
Less: Net earnings attributable to noncontrolling interest | 3 | 10 | 11 |
Comprehensive income attributable to Eastman | 770 | 948 | 419 |
Retained Earnings | |||
Retained earnings at beginning of period | 8,557 | 8,080 | 7,965 |
Net earnings attributable to Eastman | 793 | 857 | 478 |
Cash dividends declared | (377) | (380) | (363) |
Retained earnings at end of period | $ 8,973 | $ 8,557 | $ 8,080 |
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 493 | $ 459 |
Trade receivables, net of allowance for credit losses | 957 | 1,091 |
Miscellaneous receivables | 320 | 489 |
Inventories | 1,894 | 1,504 |
Other current assets | 114 | 96 |
Assets held for sale | 0 | 1,007 |
Total current assets | 3,778 | 4,646 |
Properties | ||
Properties and equipment at cost | 12,942 | 12,680 |
Less: Accumulated depreciation | 7,782 | 7,684 |
Net properties | 5,160 | 4,996 |
Goodwill | 3,664 | 3,641 |
Intangible assets, net of accumulated amortization | 1,210 | 1,362 |
Other noncurrent assets | 855 | 874 |
Total assets | 14,667 | 15,519 |
Current liabilities | ||
Payables and other current liabilities | 2,125 | 2,133 |
Borrowings due within one year | 1,126 | 747 |
Liabilities held for sale | 0 | 91 |
Total current liabilities | 3,251 | 2,971 |
Long-term borrowings | 4,025 | 4,412 |
Deferred income tax liabilities | 671 | 810 |
Post-employment obligations | 628 | 811 |
Other long-term liabilities | 856 | 727 |
Total liabilities | $ 9,431 | $ 9,731 |
Common stock, shares issued (in shares) | 222,348,557 | 221,809,309 |
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 – 222,348,557 and 221,809,309 for 2022 and 2021, respectively) | $ 2 | $ 2 |
Additional paid-in capital | 2,315 | 2,187 |
Retained earnings | 8,973 | 8,557 |
Accumulated other comprehensive loss | (205) | (182) |
Total stockholders' equity before treasury stock | $ 11,085 | $ 10,564 |
Treasury stock at cost (in shares) | 103,602,488 | 92,892,229 |
Less: Treasury stock at cost (103,602,488 and 92,892,229 shares for 2022 and 2021, respectively) | $ 5,932 | $ 4,860 |
Total Eastman stockholders' equity | 5,153 | 5,704 |
Noncontrolling interest | 83 | 84 |
Total equity | 5,236 | 5,788 |
Total liabilities and stockholders' equity | $ 14,667 | $ 15,519 |