Eastman Chemical Company is an American chemical products manufacturer based in Kingsport, Tennessee. Founded in 1920, it was formerly a subsidiary of Kodak until 1994. The company is an independent global specialty materials company that produces a broad range of advanced materials, chemicals and fibers for everyday purposes. It operates 36 manufacturing sites worldwide and employs approximately 14,000 people. In 2023, Eastman had sales revenue of approximately $9.21 billion.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| EMN | EASTMAN CHEMICAL CO | 2026-02-17 18:39:44 | 78.51 | -0.6 | -0.76 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EMN | 0000915389 | EASTMAN CHEMICAL CO | US2774321002 | FDPVHDGJ1IQZFK9KH630 | 621539359 | NYSE | 2821 | Plastic Materials, Synth Resins & Nonvulcan Elastomers | 1231 | DE | PO BOX 511 | KINGSPORT | TN | 37660 | UNITED STATES | US | 4232292000 | P O BOX 511 B-54D, KINGSPORT, TN, 37662 | PO BOX 511, KINGSPORT, TN, 37660 | — | Manufacturing | 1920 | Mark J. Costa | 14,000 | https://eastman.com | 11,210,921,360 | 223,910,533 | 114,069,800 | Eastman Chemical Company is an American chemical products manufacturer based in Kingsport, Tennessee. Founded in 1920, it was formerly a subsidiary of Kodak until 1994. The company is an independent global specialty materials company that produces a broad range of advanced materials, chemicals and fibers for everyday purposes. It operates 36 manufacturing sites worldwide and employs approximately 14,000 people. In 2023, Eastman had sales revenue of approximately $9.21 billion. | 2026-02-12 16:14:49 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2024 | 11,210,921,360 | 1,447,806,733 | 14.8294 | 115,168,382 | -2,175,379 | -1.8539 |
| 2023 | 9,763,114,627 | -843,682,525 | -7.9542 | 117,343,761 | -1,453,106 | -1.2232 |
| 2022 | 10,606,797,152 | -4,386,518,749 | -29.2565 | 118,796,867 | -10,171,011 | -7.8865 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| William T. Mclain, Jr. | EVP, CFO | 2024 | 817,164 | 0 | 2,246,716 | 874,500 | 102,873 | 4,759,894 |
| William T. Mclain, Jr. | EVP, CFO | 2023 | 795,266 | 0 | 2,773,258 | 686,400 | 88,267 | 5,205,675 |
| Stephen G. Crawford | Executive Vice President | 2022 | 652,162 | 0 | 2,473,688 | 0 | 102,161 | 4,162,322 |
| William T. Mclain, Jr. | Chief Financial Officer, Senior Vice President | 2022 | 766,118 | 0 | 2,844,533 | 0 | 121,925 | 4,636,347 |
| Mark J. Costa | Chief Executive Officer | 2022 | 1,331,575 | 0 | 11,996,462 | 0 | 608,774 | 17,068,131 |
| Fiscal Year | Employee Count |
|---|---|
| 2019 | 14,500 |
| 2018 | 14,500 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 8,752,000,000 | 9,382,000,000 | 9,210,000,000 |
| Cost Of Revenue | 6,908,000,000 | 7,092,000,000 | 7,149,000,000 |
| Gross Profit | 1,844,000,000 | 2,290,000,000 | 2,061,000,000 |
| Research And Development Expenses | 255,000,000 | 250,000,000 | 239,000,000 |
| General And Administrative Expenses | 658,000,000 | 736,000,000 | 727,000,000 |
| Operating Expenses | — | — | — |
| Operating Income | — | — | — |
| Net Income | 474,000,000 | 905,000,000 | 894,000,000 |
| Earnings Per Share Basic | 4.14 | 7.75 | 7.54 |
| Earnings Per Share Diluted | 4.1 | 7.67 | 7.49 |
| Weighted Average Shares Outstanding Basic | 114,700,000 | 116,700,000 | 118,600,000 |
| Weighted Average Shares Outstanding Diluted | 115,600,000 | 117,900,000 | 119,400,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Cash And Cash Equivalents | 566,000,000 | 837,000,000 | 548,000,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | 737,000,000 | 791,000,000 | 826,000,000 |
| Inventories | 1,980,000,000 | 1,988,000,000 | 1,683,000,000 |
| Non Trade Receivables | 262,000,000 | 381,000,000 | 328,000,000 |
| Other Assets Current | 100,000,000 | 104,000,000 | 96,000,000 |
| Total Assets Current | 3,645,000,000 | 4,101,000,000 | 3,481,000,000 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 5,731,000,000 | 5,615,000,000 | 5,548,000,000 |
| Other Assets Non Current | 848,000,000 | 833,000,000 | 820,000,000 |
| Total Assets Non Current | 11,214,000,000 | 11,112,000,000 | 11,152,000,000 |
| Total Assets | 14,859,000,000 | 15,213,000,000 | 14,633,000,000 |
| Accounts Payable | 1,211,000,000 | 1,309,000,000 | 1,170,000,000 |
| Deferred Revenue | — | — | — |
| Short Term Debt | 586,000,000 | 450,000,000 | 541,000,000 |
| Other Liabilities Current | 190,000,000 | 229,000,000 | 133,000,000 |
| Total Liabilities Current | 2,652,000,000 | 2,708,000,000 | 2,576,000,000 |
| Long Term Debt | 4,201,000,000 | 4,567,000,000 | 4,305,000,000 |
| Other Liabilities Non Current | 891,000,000 | 923,000,000 | 954,000,000 |
| Total Liabilities Non Current | 6,170,000,000 | 6,653,000,000 | 6,527,000,000 |
| Total Liabilities | 8,822,000,000 | 9,361,000,000 | 9,103,000,000 |
| Common Stock | 2,000,000 | 2,000,000 | 2,000,000 |
| Retained Earnings | 10,105,000,000 | 10,013,000,000 | 9,490,000,000 |
| Accumulated Other Comprehensive Income | -160,000,000 | -314,000,000 | -319,000,000 |
| Total Shareholders Equity | 5,961,000,000 | 5,779,000,000 | 5,458,000,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Depreciation And Amortization | 513,000,000 | 509,000,000 | 498,000,000 |
| Share Based Compensation Expense | 48,000,000 | 63,000,000 | 64,000,000 |
| Other Non Cash Income Expense | — | — | — |
| Change In Accounts Receivable | -61,000,000 | -28,000,000 | -126,000,000 |
| Change In Inventories | -24,000,000 | 344,000,000 | -201,000,000 |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | — | — | — |
| Change In Accounts Payable | -76,000,000 | 188,000,000 | -190,000,000 |
| Change In Other Liabilities | — | — | — |
| Cash From Operating Activities | 970,000,000 | 1,287,000,000 | 1,374,000,000 |
| Purchases Of Marketable Securities | — | — | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | 546,000,000 | 599,000,000 | 828,000,000 |
| Acquisition Of Business | 0 | 0 | 77,000,000 |
| Other Investing Activities | -25,000,000 | -18,000,000 | -22,000,000 |
| Cash From Investing Activities | -462,000,000 | -534,000,000 | -432,000,000 |
| Tax Withholding For Share Based Compensation | — | — | — |
| Payments Of Dividends | 382,000,000 | 382,000,000 | 377,000,000 |
| Issuance Of Common Stock | — | — | — |
| Repurchase Of Common Stock | 100,000,000 | 300,000,000 | 150,000,000 |
| Issuance Of Long Term Debt | 246,000,000 | 1,237,000,000 | 796,000,000 |
| Repayment Of Long Term Debt | 550,000,000 | 1,039,000,000 | 808,000,000 |
| Other Financing Activities | -12,000,000 | 27,000,000 | -24,000,000 |
| Cash From Financing Activities | -797,000,000 | -454,000,000 | -888,000,000 |
| Change In Cash | -271,000,000 | 289,000,000 | 55,000,000 |
| Cash At End Of Period | 566,000,000 | 837,000,000 | 548,000,000 |
| Income Taxes Paid | 159,000,000 | 111,000,000 | 158,000,000 |
| Interest Paid | 215,000,000 | 203,000,000 | 214,000,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Earnings Per Share | 4.14 | 7.75 | 7.54 |
| Price To Earnings Ratio | 15.4179 | 11.7832 | 11.9125 |
| Earnings Growth Rate | -46.5806 | 2.7851 | 17.4455 |
| Price Earnings To Growth Ratio | -0.331 | 4.2307 | 0.6828 |
| Book Value Per Share | 52.633 | 50.1457 | 46.6273 |
| Price To Book Ratio | 1.2127 | 1.8211 | 1.9263 |
| Ebitda | 938,000,000 | 1,325,000,000 | 1,335,000,000 |
| Enterprise Value | 11,542,301,000 | 14,837,044,000 | 14,950,652,000 |
| Dividend Yield | 0.0522 | 0.0358 | 0.0354 |
| Dividend Payout Ratio | 0.8059 | 0.4221 | 0.4217 |
| Debt To Equity Ratio | 0.8031 | 0.8681 | 0.8879 |
| Capital Expenditures | 629,000,000 | 576,000,000 | 886,000,000 |
| Free Cash Flow | 341,000,000 | 711,000,000 | 488,000,000 |
| Return On Equity | 0.0795 | 0.1566 | 0.1638 |
| One Year Beta | 1.2001 | 0.7503 | 1.2496 |
| Three Year Beta | 1.1102 | 1.0663 | 1.1279 |
| Five Year Beta | 1.1041 | 1.1106 | 1.167 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Holt Adrian James | SVP, Chf HR Ofcr | 2026-02-11 | 2,297 | A | 2,297 |
| SMITH BRIAN TRAVIS | EVP, AFP, Mfg., WWEC & HSE | 2026-02-11 | 10,589 | A | 27,321 |
| Caveness Michelle H | SVP & Chf. Mfg. Ofc. | 2026-02-11 | 1,937 | A | 8,183 |
| McAlindon Julie A. | SVP, Regions & Chf SupChn Ofcr | 2026-02-11 | 7,280 | A | 20,011 |
| Costa Mark J | Director, CEO & Board Chair | 2026-02-11 | 64,192 | A | 523,189 |
| Name Of Reporting Person | Report Date | State | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Lisa McClain | 2025-09-12 | MI09 | Sale | 2025-08-04 | Spouse | $1,001 - $15,000 |
| Lisa McClain | 2025-08-13 | MI09 | Purchase | 2025-06-17 | Spouse | $1,001 - $15,000 |
| Rob Bresnahan | 2025-06-09 | PA08 | Sale | 2025-05-15 | — | $1,001 - $15,000 |
| Kathy Manning | 2022-09-14 | NC06 | Sale | 2022-08-03 | Joint | $1,001 - $15,000 |
| Kathy Manning | 2022-08-10 | NC06 | Purchase | 2022-07-20 | Joint | $1,001 - $15,000 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| Cetera Investment Advisers | 2025-12-31 | 4,542,867 | 71,172 | 63.8294 |
| Freestone Grove Partners LP | 2025-12-31 | 735,513 | 11,523 | 63.83 |
| GUGGENHEIM CAPITAL LLC | 2025-12-31 | 14,712,687 | 230,498 | 63.83 |
| AQR CAPITAL MANAGEMENT LLC | 2025-12-31 | 28,133,843 | 440,762 | 63.83 |
| Schonfeld Strategic Advisors LLC | 2025-12-31 | 760,853 | 11,920 | 63.8299 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| EMPOWER FUNDS, INC. | 2025-12-31 | Institutional Class | MXERX | 85,765 | 5,474,380 | 0.4925 |
| EMPOWER FUNDS, INC. | 2025-12-31 | Class L | MXNSX | 85,765 | 5,474,380 | 0.4925 |
| EMPOWER FUNDS, INC. | 2025-12-31 | Investor Class | MXISX | 85,765 | 5,474,380 | 0.4925 |
| EMPOWER FUNDS, INC. | 2025-12-31 | Institutional Class | MXCOX | 900,000 | 763,171.06 | 0.016 |
| EMPOWER FUNDS, INC. | 2025-12-31 | Investor Class | MXBIX | 900,000 | 763,171.06 | 0.016 |