• Chemicals - Specialty
  • Basic Materials
Eastman Chemical Company logo
Eastman Chemical Company
EMN · US · NYSE
95.06
USD
-0.4
(0.42%)
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
Business Segments (Beta)
Geographical Segments (Beta)
News
Dividend Income: Lanny's July 2024 Summary
1 month

In 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.com
Eastman 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 months

KINGSPORT, 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.com
Eastman Chemical (EMN) Q2 Earnings Top Estimates, Sales Miss
2 months

The sales volume of Eastman Chemical (EMN) in Q2 increases due to the end of customer inventory destocking in most end markets.

zacks.com
Eastman Chemical (EMN) Reports Q2 Earnings: What Key Metrics Have to Say
2 months

The 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.com
Eastman Chemical (EMN) Q2 Earnings Top Estimates
2 months

Eastman Chemical (EMN) came out with quarterly earnings of $2.15 per share, beating the Zacks Consensus Estimate of $1.99 per share. This compares to earnings of $1.99 per share a year ago.

zacks.com
The 3 Best Bioplastic Stocks to Buy Now
2 months

Plastics are one of the biggest culprits of environmental pollution. They take hundreds of years to decompose, contributing to the accumulation of waste in landfills and oceans.

investorplace.com
Eastman Chemical (EMN) to Report Q2 Earnings: What's in Store?
2 months

Eastman (EMN) is expected to have benefited from cost-cutting and productivity initiatives as well as its innovation-driven growth strategy amid headwinds from soft demand in certain markets in Q2.

zacks.com
Eastman Chemical (EMN) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
2 months

Looking 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.

zacks.com
4 Chemical Stocks Set to Pull Off a Beat This Earnings Season
2 months

DuPont (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.

zacks.com
Zacks Industry Outlook Eastman Chemical, Cabot and Kronos Worldwide
2 months

Eastman Chemical, Cabot and Kronos Worldwide have been highlighted in this Industry Outlook article.

zacks.com
Eastman Chemical (EMN) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
2 months

Eastman 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.

zacks.com
3 Diversified Chemical Stocks to Escape Industry Headwinds
2 months

Demand softness in specific markets, de-stocking and the slowdown in China and Europe pose headwinds for the Zacks Chemicals Diversified industry. EMN, CBT and KRO are poised to navigate the industry challenges.

zacks.com