- Chemicals - Specialty
- Basic Materials
-
7.53
EPS
-
12.63
P/E
-
11.1B
MARKET CAP
-
3.39%
DIV YIELD
Company Overview
PO BOX 511,KINGSPORT TN 37660,4232292000
CEO
Mr. Mark J. Costa
Employess
14000
Sector
Basic Materials
Industry
Chemicals - Specialty
Website
https://www.eastman.com
Eastman Chemical Company operates as a specialty materials company in the United States and internationally. The company's Additives & Functional Products segment offers hydrocarbon and rosin 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 (PVB) sheets, and window and protective films, and aftermarket applied film products 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 higher amines and solvents; Olefin and acetyl derivatives, ethylene, and commodity solvents; and primary non-phthalate and phthalate plasticizers, and niche non- phthalate plasticizers to the industrial chemicals and processing, building and construction, health and wellness, and agrochemicals. 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.
Next Earnings Date
Oct. 24, 2024
Ex Dividends date
Oct. 07, 2024
Dividend Date
Sept. 16, 2024
YTD Performance
6.35%
Fiscal Year End
12-31
IPO Date
1993-12-14
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | -0.16% | -1.95% | 2.77% | -13.06% |
EPS | -0.04% | -0.29% | 28.79% | 28.89% |
Equity | 3.70% | -1.22% | -3.23% | 5.92% |
Cash | 8.74% | 19.38% | -0.95% | 11.16% |
Return On Capital (ROIC) | 10.21% | 9.84% | 10.85% | 8.77% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 541 | 1,130 | 747 | 349 | 171 |
Long Term Debt | 4,300 | 4,020 | 4,410 | 5,270 | 5,610 |
LT Finance Leases | 120 | 150 | 157 | 123 | 141 |
Shares Outstanding | 119 | 136 | 135 | 136 | 137 |
Market Cap | 10,700 | 11,100 | 16,300 | 13,600 | 10,900 |
Price
News
Dividend Income: Lanny's July 2024 Summary
1 monthIn July, we (my wife and I) received a dividend income total of $2,836.82. 2023 was up 24%. 7 months down in 2024 and the S&P 500 is still up almost 13%, despite the recent sell-offs. We have a high likelihood of a rate cut in September, but too much speculation is happening beyond that date. Time is ticking on that FOMC meeting.
seekingalpha.comEastman Chemical Company Announces Cash Tender Offer to Purchase Up to an Aggregate Principal Amount of $250 Million of its Outstanding 3.800% Notes due 2025
2 monthsKINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman has commenced a cash tender offer to purchase up to an aggregate principal amount of $250 million of its outstanding 3.800% Notes due 2025.
businesswire.comEastman Chemical (EMN) Q2 Earnings Top Estimates, Sales Miss
2 monthsThe sales volume of Eastman Chemical (EMN) in Q2 increases due to the end of customer inventory destocking in most end markets.
zacks.comEastman Chemical (EMN) Reports Q2 Earnings: What Key Metrics Have to Say
2 monthsThe headline numbers for Eastman Chemical (EMN) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.comEastman Chemical (EMN) Q2 Earnings Top Estimates
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investorplace.comEastman Chemical (EMN) to Report Q2 Earnings: What's in Store?
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zacks.comEastman Chemical (EMN) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
2 monthsLooking beyond Wall Street's top -and-bottom-line estimate forecasts for Eastman Chemical (EMN), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.
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2 monthsDuPont (DD), Eastman Chemical (EMN), Avient (AVNT) and Westlake (WLK) are likely to have benefited from cost and pricing actions as well as improved end-market demand on a moderation of de-stocking activities in Q2.
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zacks.comEastman Chemical (EMN) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
2 monthsEastman Chemical (EMN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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zacks.com