EMN Eastman Chemical Company

Price (delayed)

$77.01

Market cap

$10.42B

P/E Ratio

18.08

Dividend/share

$2.64

EPS

$4.26

Enterprise value

$15.85B

Sector: Basic Materials
Industry: Chemicals
Eastman Chemical Co. engages in the provision of specialty chemicals. It operates through the following segments: Additives and Functional Products, Advanced Materials, Chemical Intermediates and Fibers. The Additives and Functional Products segment includes chemicals for products in the transportation, consumables, building and construction, animal nutrition, crop protection, energy, personal and home care, and other markets. The Advanced Materials segment produces and markets its polymers, films, and plastics with differentiated performance properties for value-added end uses in transportation, consumables, building and construction, durable goods, and health and wellness markets. The Chemical Intermediates segment consists of large scale and vertical integration from the cellulose and acetyl, olefins, and alkylamines streams to support operating segments with advantaged cost positions. The Fiber segment offers cellulose acetate tow for use in filtration media, primarily cigarette filters. The company was founded by George Eastman in 1920 and is headquartered in Kingsport, TN.

Highlights

Eastman Chemical's quick ratio has increased by 40% YoY and by 19% from the previous quarter
Eastman Chemical's debt has decreased by 3.5% YoY and by 2.6% QoQ
EMN's P/E is 53% above its 5-year quarterly average of 11.8 and 40% above its last 4 quarters average of 12.9
The net income has declined by 37% year-on-year and by 29% since the previous quarter

Key stats

What are the main financial stats of EMN
Market
Shares outstanding
135.35M
Market cap
$10.42B
Enterprise value
$15.85B
Valuations
Price to earnings (P/E)
18.08
Price to book (P/B)
1.74
Price to sales (P/S)
1.2
EV/EBIT
18.78
EV/EBITDA
11.13
EV/Sales
1.82
Earnings
Revenue
$8.7B
EBIT
$844M
EBITDA
$1.42B
Free cash flow
$1.27B
Per share
EPS
$4.26
Free cash flow per share
$9.35
Book value per share
$44.31
Revenue per share
$63.98
TBVPS
$71.61
Balance sheet
Total assets
$15.97B
Total liabilities
$9.88B
Debt
$6.13B
Equity
$6.02B
Working capital
$1.65B
Liquidity
Debt to equity
1.02
Current ratio
1.88
Quick ratio
1.08
Net debt/EBITDA
3.81
Margins
EBITDA margin
16.4%
Gross margin
23.2%
Net margin
6.6%
Operating margin
9.9%
Efficiency
Return on assets
3.6%
Return on equity
9.6%
Return on invested capital
6.3%
Return on capital employed
6%
Return on sales
9.7%
Dividend
Dividend yield
3.43%
DPS
$2.64
Payout ratio
62%

EMN stock price

How has the Eastman Chemical stock price performed over time

Financial performance

How have Eastman Chemical's revenue and profit performed over time
Revenue
$8.7B
Gross profit
$2.02B
Operating income
$860M
Net income
$577M
Gross margin
23.2%
Net margin
6.6%
The net income has declined by 37% year-on-year and by 29% since the previous quarter
The operating income has contracted by 36% YoY and by 27% from the previous quarter
Eastman Chemical's net margin has decreased by 30% YoY and by 25% QoQ
The operating margin has contracted by 29% YoY and by 23% from the previous quarter

Growth

What is Eastman Chemical's growth rate over time

Valuation

What is Eastman Chemical stock price valuation
P/E
18.08
P/B
1.74
P/S
1.2
EV/EBIT
18.78
EV/EBITDA
11.13
EV/Sales
1.82
EMN's P/E is 53% above its 5-year quarterly average of 11.8 and 40% above its last 4 quarters average of 12.9
Eastman Chemical's EPS has decreased by 35% YoY and by 28% from the previous quarter
The stock's price to book (P/B) is 21% less than its 5-year quarterly average of 2.2 but 16% more than its last 4 quarters average of 1.5
Eastman Chemical's equity has increased by 2.6% YoY
The P/S is 20% above the last 4 quarters average of 1.0
The revenue has decreased by 10% YoY and by 4.8% from the previous quarter

Efficiency

How efficient is Eastman Chemical business performance
EMN's return on equity is down by 39% year-on-year and by 29% since the previous quarter
The ROIC has decreased by 36% YoY and by 27% from the previous quarter
EMN's return on assets is down by 36% year-on-year and by 28% since the previous quarter
Eastman Chemical's ROS has decreased by 30% YoY and by 24% from the previous quarter

Dividends

What is EMN's dividend history
DPS
$2.64
Dividend yield
3.43%
Payout ratio
62%
Recent dividends

Financial health

How did Eastman Chemical financials performed over time
EMN's total assets is 62% greater than its total liabilities
Eastman Chemical's quick ratio has increased by 40% YoY and by 19% from the previous quarter
EMN's current ratio is up by 19% YoY and by 13% from the previous quarter
Eastman Chemical's debt has decreased by 3.5% YoY and by 2.6% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.