Eastman Chemical (EMN) | Financial Analysis & Statements

Eastman Chemical Company | Mid-cap | Basic Materials

$78.26

-1.65%

Eastman Chemical vs Linde plc Eastman Chemical vs Sherwin-Williams Eastman Chemical vs Westlake Eastman Chemical vs Albemarle Eastman Chemical vs Axalta Coating Eastman Chemical vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 9.4B

Gross Profit 2.3B 24.41%

Operating Income 1.4B 14.67%

Net Income 908.0M 9.68%

EPS (Diluted) $7.67

Balance Sheet Metrics

Total Assets 15.2B

Total Liabilities 9.4B

Shareholders Equity 5.9B

Debt to Equity 1.60

Cash Flow Metrics

Operating Cash Flow 1.3B

Free Cash Flow 688.0M

Revenue & Profitability Trend

Eastman Chemical Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	9.4B	9.2B	10.6B	10.5B	8.5B
Cost of Goods Sold	7.1B	7.1B	8.4B	8.0B	6.5B
Gross Profit	2.3B	2.1B	2.1B	2.5B	2.0B
Operating Expenses	914.0M	1.0B	889.0M	637.0M	880.0M
Operating Income	1.4B	1.1B	1.2B	1.9B	1.1B
Pre-tax Income	1.1B	1.1B	977.0M	1.1B	530.0M
Income Tax	170.0M	191.0M	181.0M	215.0M	41.0M
Net Income	908.0M	896.0M	796.0M	867.0M	489.0M
EPS (Diluted)	$7.67	$7.49	$6.35	$6.25	$3.50

Income Statement Trend

Eastman Chemical Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	4.1B	3.5B	3.8B	4.6B	3.5B
Non-Current Assets	11.1B	11.2B	10.9B	10.9B	12.5B
Total Assets	15.2B	14.6B	14.7B	15.5B	16.1B
Liabilities
Current Liabilities	2.7B	2.6B	3.3B	3.0B	2.0B
Non-Current Liabilities	6.7B	6.5B	6.2B	6.8B	7.9B
Total Liabilities	9.4B	9.1B	9.4B	9.7B	10.0B
Equity
Total Shareholders Equity	5.9B	5.5B	5.2B	5.8B	6.1B

Balance Sheet Composition

Eastman Chemical Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	908.0M	896.0M	796.0M	867.0M	489.0M
Operating Cash Flow	1.3B	1.7B	898.0M	1.3B	1.1B
Investing Activities
Capital Expenditures	-599.0M	-828.0M	-611.0M	-555.0M	-383.0M
Investing Cash Flow	-534.0M	-427.0M	405.0M	-6.0M	-381.0M
Financing Activities
Dividends Paid	-379.0M	-376.0M	-381.0M	-375.0M	-358.0M
Financing Cash Flow	-454.0M	-888.0M	-1.3B	-1.7B	-704.0M
Free Cash Flow	688.0M	541.0M	351.0M	1.0B	1.1B

Cash Flow Trend

Eastman Chemical Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 9.56

Forward P/E 8.62

Price to Book 1.47

Price to Sales 0.93

PEG Ratio 8.62

Profitability Ratios

Profit Margin 9.85%

Operating Margin 13.93%

Return on Equity 16.03%

Return on Assets 5.95%

Financial Health

Current Ratio 1.72

Debt to Equity 86.00

Beta 1.26

Per Share Data

EPS (TTM) $7.85

Book Value per Share $50.87

Revenue per Share $80.60

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
emn	8.7B	9.56	1.47	16.03%	9.85%	86.00
Linde plc	216.0B	33.33	5.69	17.01%	20.02%	60.56
Sherwin-Williams	86.6B	32.64	20.88	70.22%	11.63%	329.97
Westlake	9.7B	25.39	0.94	3.92%	3.23%	49.95
Albemarle	6.7B	33.52	0.86	-9.99%	-22.39%	35.76
Axalta Coating	6.4B	14.18	3.06	23.15%	8.56%	161.07

Financial data is updated regularly. All figures are in the company's reporting currency.