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EMN

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

95.97USD-0.43 (-0.45%)Market Closed

Market Summary

EMN
USD95.97-0.43
Market Closed
-0.45%

EMN Stock Price

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EMN RSI Chart

EMN Valuation

Market Cap

11.3B

Price/Earnings (Trailing)

12.59

Price/Sales (Trailing)

1.22

EV/EBITDA

10.96

Price/Free Cashflow

20.62

EMN Price/Sales (Trailing)

EMN Profitability

EBT Margin

11.80%

Return on Equity

16.38%

Return on Assets

6.11%

Free Cashflow Yield

4.85%

EMN Fundamentals

EMN Revenue

Revenue (TTM)

9.2B

Rev. Growth (Yr)

-7%

Rev. Growth (Qtr)

-2.65%

EMN Earnings

Earnings (TTM)

894.0M

Earnings Growth (Yr)

30.9K%

Earnings Growth (Qtr)

74.16%

Breaking Down EMN Revenue

Last 7 days

-4.7%

Last 30 days

4.0%

Last 90 days

10.3%

Trailing 12 Months

16.3%

How does EMN drawdown profile look like?

EMN Financial Health

Current Ratio

1.35

Debt/Equity

0.79

Debt/Cashflow

0.32

EMN Investor Care

Buy Backs (1Y)

1.22%

Diluted EPS (TTM)

7.49

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
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

1–10 of 50

Which funds bought or sold EMN recently?

View All Details
Datesorted ascendingFund NameType% 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%

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
Apr 09, 2024
4
Insider Trading
Apr 09, 2024
4
Insider Trading
Apr 09, 2024
4
Insider Trading
Apr 09, 2024
4
Insider Trading
Apr 09, 2024
4
Insider Trading
Apr 09, 2024
4
Insider Trading
Apr 09, 2024
4
Insider Trading
Apr 09, 2024
4
Insider Trading
Apr 09, 2024
4
Insider Trading
Apr 09, 2024
4
Insider Trading

Peers (Alternatives to Eastman Chemical Co)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
51.0B
12.4B
-6.76% -20.43%
21.8
4.1
-3.54% 3.06%
40.1B
44.6B
0.14% 0.07%
60.75
0.9
-21.58% -85.78%
16.8B
10.9B
-4.87% 41.04%
8.58
1.54
13.10% 3.48%
16.5B
7.0B
-4.28% 19.28%
51.5
2.37
-7.26% -53.23%
13.4B
9.6B
-8.16% -44.26%
8.54
1.4
31.38% -41.50%
11.3B
9.2B
3.95% 16.30%
12.59
1.22
-12.95% 12.74%
MID-CAP
5.1B
3.9B
4.25% 22.55%
11.45
1.3
-9.12% 26.64%
4.6B
922.4M
-7.81% 12.79%
42.75
5.03
-2.11% 3.01%
3.8B
3.1B
4.72% 4.25%
50.51
1.22
-7.48% -89.19%
3.0B
3.1B
2.16% 22.91%
6.53
0.96
-15.54% -65.21%
SMALL-CAP
1.2B
404.0M
0.11% 32.60%
36.59
3
24.06% -25.72%
712.6M
1.5B
4.14% -32.17%
13.05
0.46
-21.18% -60.55%
172.4M
357.7M
5.30% -1.19%
8.48
0.48
-5.20% 66.55%
108.8M
16.7M
-23.60% 5.43%
9.82
6.5
-57.58% 866.09%
3.7M
-
-80.00% -99.58%
-0.01
0.01
- -

Eastman Chemical Co News

Latest updates
MarketBeat • 5 hours ago
Yahoo Finance Australia • 44 hours ago
MarketWatch • 05 Apr 2024 • 07:00 am
MarketWatch • 03 Apr 2024 • 07:00 am
Yahoo Finance • 12 Mar 2024 • 07:00 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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-2.6%2,2072,2672,3242,4122,3732,7092,7842,7142,6942,7202,6532,4092,1862,1221,9242,2412,2052,3252,3632,3802,376
Gross Profit-4.1%464484584529376541670550559662681598526501371577497574589574466
  S&GA Expenses19.4%191160185191172173185196208201202184174165155160176163165187167
  R&D Expenses-5.0%57.0060.0060.0062.0064.0068.0067.0065.0067.0066.0063.0058.0057.0056.0052.0061.0060.0059.0057.0058.0059.00
EBITDA Margin42.9%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 Expenses8.8%-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 Taxes470.0%11420.00-3.0060.0026.00-20.0012451.00149-33.0037.0062.00-9.0025.00-31.0056.00-18.0046.0057.0055.0036.00
Earnings Before Taxes113.6%42519926919428.00281381287529321-10733925.00190-1.003169.0031331626471.00
EBT Margin60.4%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 Income74.2%3101782721341.00301256235378351-14627432.0016127.0025826.0026625820934.00
Net Income Margin55.6%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%273278171-17625495.00110-95.0019043031912530136033972.00554306330-111593
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets0.3%14,63314,59414,77114,98314,66714,98514,87515,80615,51916,25916,09816,19516,08316,00915,97316,46516,00816,13716,25616,36115,995
  Current Assets-2.4%3,4813,5673,6713,9733,7784,1054,0034,9294,6464,8754,7383,7973,5413,5343,5263,8513,3213,4403,5163,5513,365
    Cash Equivalents24.8%548439410599493461456487459717609540564650704680204207186195226
  Inventory-2.2%1,6831,7211,9601,9441,8941,9751,8261,6711,5041,6301,5011,5051,3791,3381,4191,6591,6621,6951,7301,7041,583
  Net PPE2.2%5,5485,4265,4025,2585,1604,9824,9594,9974,9965,1725,1815,4665,5495,4895,4785,4985,5715,5345,5505,5765,600
  Goodwill0.1%3,6463,6433,6973,7033,6643,6443,6633,6653,6414,0444,0534,4464,4654,4434,4254,4174,4314,4644,4814,4774,467
Liabilities-0.7%9,1039,1709,4199,7219,4319,5189,4689,8299,73110,05210,0709,8769,9759,8539,87510,2739,97610,04010,31010,44210,117
  Current Liabilities-1.5%2,5762,6152,7872,9713,2513,2073,1483,1362,9713,1132,2952,0162,0381,7891,8782,3151,7892,0802,2262,3521,851
  Short Term Borrowings-15.5%5416408441,0141,1261,0869799847471,046325324349370702895171642731862243
  Long Term Debt-6.0%4,3054,5804,5934,6364,0253,9794,0124,3794,4124,4425,2235,2005,2695,4955,4315,3995,6115,5675,6245,6025,925
    LT Debt, Non Current-6.0%4,3054,5804,5934,6364,0253,9794,0124,3794,4124,4425,2235,2005,2695,4955,4315,3995,6115,5675,6245,6025,925
Shareholder's Equity2.0%5,4585,3525,3525,2625,1535,4675,4075,9775,7886,2076,0286,3196,1086,1566,0986,1926,0326,0975,9465,9195,878
  Retained Earnings2.3%9,4909,2749,1909,0138,9739,0658,8578,6948,5578,2788,0208,2608,0808,1428,0718,1337,9658,0297,8487,6757,573
  Additional Paid-In Capital0.7%2,3682,3522,3422,3252,3152,3012,1792,2622,1872,2752,2552,2192,1742,1342,1172,1092,1052,0922,0792,0602,048
Accumulated Depreciation0.9%8,0267,9567,9597,8957,7827,6637,7847,7567,6847,9667,8988,0617,9827,8437,6977,5847,5107,3647,2987,2207,131
Shares Outstanding-1.0%117119119119119120123129129134136136136135135136136136137139140
Minority Interest0%72.0072.0071.0074.0083.0083.0084.0084.0084.0087.0084.0086.0085.0081.0077.0075.0074.0077.0077.0076.0075.00
Float-9,763---10,607---14,993---9,409-----10,531-13,912
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-12.1%452514410-2.0045725624517.00430547426216406442436171671416422-5.00740
Cashflow From Investing236.3%248-182-246-252-206-158873-117418-170-178-99.00-112-81.00-100-101-120-141-94.00-125-148
Cashflow From Financing-98.3%-593-299-353357-223-88.00-1,139129-1,106-269-178-137-382-416-314408-556-250-339102-558
  Dividend Payments0%94.0094.0094.0094.0091.0094.0098.0098.0093.0094.0094.0094.0089.0090.0089.0090.0085.0085.0086.0087.0078.00

EMN Income Statement

2023-12-31
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 sales7,1498,4437,976
Gross profit2,0612,1372,500
Selling, general and administrative expenses727726795
Research and development expenses239264254
Asset impairments and restructuring charges, net375247
Other components of post-employment (benefit) cost, net41(101)(412)
Other (income) charges, net38(6)(17)
Net (gain) loss on divested businesses(323)43552
Earnings before interest and taxes1,3021,1591,281
Net interest expense215182198
Early debt extinguishment costs001
Earnings before income taxes1,0879771,082
Provision for income taxes191181215
Net earnings896796867
Less: Net earnings attributable to noncontrolling interest2310
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)756
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)5366
Reclassification adjustment for (gains) losses included in net income, net1(56)(3)
Total other comprehensive income (loss), net of tax(114)(23)91
Comprehensive income including noncontrolling interest782773958
Less: Net earnings attributable to noncontrolling interest2310
Comprehensive income attributable to Eastman780770948
Retained Earnings   
Retained earnings at beginning of period8,9738,5578,080
Net earnings attributable to Eastman894793857
Cash dividends declared(377)(377)(380)
Retained earnings at end of period$ 9,490$ 8,973$ 8,557

EMN Balance Sheet

2023-12-31
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 losses826957
Miscellaneous receivables328320
Inventories1,6831,894
Other current assets96114
Total current assets3,4813,778
Properties  
Properties and equipment at cost13,57412,942
Less:  Accumulated depreciation8,0267,782
Net properties5,5485,160
Goodwill3,6463,664
Intangible assets, net of accumulated amortization1,1381,210
Other noncurrent assets820855
Total assets14,63314,667
Current liabilities  
Payables and other current liabilities2,0352,125
Borrowings due within one year5411,126
Total current liabilities2,5763,251
Long-term borrowings4,3054,025
Deferred income tax liabilities601671
Post-employment obligations667628
Other long-term liabilities954856
Total liabilities$ 9,103$ 9,431
Common stock, shares issued (in shares)222,762,317222,348,557
Common Stock, Shares Authorized350,000,000350,000,000
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 capital2,3682,315
Retained earnings9,4908,973
Accumulated other comprehensive loss(319)(205)
Total stockholders' equity before treasury stock$ 11,541$ 11,085
Treasury stock at cost (in shares)105,469,354103,602,488
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' equity5,4585,153
Noncontrolling interest7283
Total equity5,5305,236
Total liabilities and stockholders' equity$ 14,633$ 14,667
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 Wed Apr 17 2024, market cap of Eastman Chemical Co is 11.26 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 Wed Apr 17 2024, EMN's PE ratio (Price to Earnings) is 12.59 and Price to Sales (PS) ratio is 1.22. 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 0.031 (multiply by 100 for percentage) rate of return.