NYSE
EMN

Eastman Chemical Company

Specialty Chemicals
Basic Materials

Prices are adjusted according to historical splits.

Eastman Chemical Company Stock Price

Vitals

Today's Low:
$79.05
Today's High:
$80.2263
Open Price:
$79.3
52W Low:
$68.5963
52W High:
$108.0272
Prev. Close:
$79.6
Volume:
586327

Company Statistics

Market Cap.:
$9.80 billion
Book Value:
43.541
Revenue TTM:
$10.28 billion
Operating Margin TTM:
12.03%
Gross Profit TTM:
$2.18 billion
Profit Margin:
6.73%
Return on Assets TTM:
5.02%
Return on Equity TTM:
12.35%

Company Profile

Eastman Chemical Company had its IPO on 1993-10-10 under the ticker symbol EMN.

The company operates in the Basic Materials sector and Specialty Chemicals industry. Eastman Chemical Company has a staff strength of 14,500 employees.

Stock update

Shares of Eastman Chemical Company opened at $79.3 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $79.05 - $80.23, and closed at $79.32.

This is a -0.35% slip from the previous day's closing price.

A total volume of 586,327 shares were traded at the close of the day’s session.

In the last one week, shares of Eastman Chemical Company have slipped by -7.72%.

Eastman Chemical Company's Key Ratios

Eastman Chemical Company has a market cap of $9.80 billion, indicating a price to book ratio of 1.924 and a price to sales ratio of 0.9063.

In the last 12-months Eastman Chemical Company’s revenue was $10.28 billion with a gross profit of $2.18 billion and an EBITDA of $1.71 billion. The EBITDA ratio measures Eastman Chemical Company's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Eastman Chemical Company’s operating margin was 12.03% while its return on assets stood at 5.02% with a return of equity of 12.35%.

In Q1, Eastman Chemical Company’s quarterly earnings growth was a negative -37.8% while revenue growth was a negative 11.1%.

Eastman Chemical Company’s PE and PEG Ratio

Forward PE
10.917
Trailing PE
13.6578
PEG
2.9184

Its diluted EPS in the last 12-months stands at $6.02 per share while it has a forward price to earnings multiple of 10.917 and a PEG multiple of 2.9184. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Eastman Chemical Company’s profitability.

Eastman Chemical Company stock is trading at a EV to sales ratio of 1.3726 and a EV to EBITDA ratio of 6.9724. Its price to sales ratio in the trailing 12-months stood at 0.9063.

Eastman Chemical Company stock pays annual dividends of $3.1 per share, indicating a yield of 4.06% and a payout ratio of 42.3%.

Balance sheet and cash flow metrics

Total Assets
$14.98 billion
Total Liabilities
$2.97 billion
Operating Cash Flow
$-252000000.00
Capital Expenditure
$176 million
Dividend Payout Ratio
42.3%

Eastman Chemical Company ended 2024 with $14.98 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $14.98 billion while shareholder equity stood at $5.19 billion.

Eastman Chemical Company ended 2024 with $662.00 million in deferred long-term liabilities, $2.97 billion in other current liabilities, 2000000.00 in common stock, $9.01 billion in retained earnings and $3.70 billion in goodwill. Its cash balance stood at $599.00 million and cash and short-term investments were $599.00 million. The company’s total short-term debt was $1,014,000,000 while long-term debt stood at $4.64 billion.

Eastman Chemical Company’s total current assets stands at $3.97 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $1.34 billion compared to accounts payable of $1.96 billion and inventory worth $1.94 billion.

In 2024, Eastman Chemical Company's operating cash flow was $-252000000.00 while its capital expenditure stood at $176 million.

Comparatively, Eastman Chemical Company paid $0.42 in dividends in 2024.

Other key metrics

Current Trading Price
$79.32
52-Week High
$108.0272
52-Week Low
$68.5963
Analyst Target Price
$95.67

Eastman Chemical Company stock is currently trading at $79.32 per share. It touched a 52-week high of $108.0272 and a 52-week low of $108.0272. Analysts tracking the stock have a 12-month average target price of $95.67.

Its 50-day moving average was $84.47 and 200-day moving average was $82.98 The short ratio stood at 2.03 indicating a short percent outstanding of 0%.

Around 68.7% of the company’s stock are held by insiders while 8619.2% are held by institutions.

Frequently Asked Questions About Eastman Chemical Company

The stock symbol (also called stock or share ticker) of Eastman Chemical Company is EMN

The IPO of Eastman Chemical Company took place on 1993-10-10

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About

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.

Address

200 South Wilcox Drive, Kingsport, TN, United States, 37662