EMN · NYSE · Chemicals - Specialty

Eastman Chemical (EMN)

Makes specialty materials, additives, chemical intermediates, and fibers for global industrial and consumer applications.

$66.99
vs last close+1.90 (+2.92%)
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Eastman Chemical CompanyEMN
Materials

Sells performance polymers, films, plastics, specialty additives, functional chemicals, integrated intermediates, and cellulose-based fibers through four operating segments. A global manufacturing network remains centered on the integrated Kingsport site, while internally developed products, acquired specialty platforms, and commercial molecular recycling shape the portfolio.

Produces specialty materials and chemicals across Advanced Materials, Additives & Functional Products, Chemical Intermediates, and Fibers. The portfolio covers performance polymers, films and plastics; specialty additives and functional chemicals; integrated chemical intermediates; and cellulose acetate tow, yarns, fibers, and nonwovens.

Combines internally developed products such as Tritan with specialty platforms acquired through Solutia and Taminco, while commercial molecular recycling extends the polyester business. Manufacturing spans multiple countries, with Kingsport serving as headquarters and the largest integrated site.

Execution depends on reliable feedstocks, energy, transportation, site equipment, and regulatory compliance. Kingsport concentration means utility or equipment failures can interrupt multiple operations, while global facilities rely on formal product-stewardship, process-safety, environmental, and audit systems.

Company facts

CEOMark J. Costa
ListedJan 4, 1994
ExchangeNYSE
HeadquartersKingsport, TN
CountryUnited States
Employees13,000
CIK0000915389
ISINUS2774321002

Market cap$7.44B
EPS (ttm)$3.85
P/E (ttm)16.91
ROE7.4%
P/B1.22
P/S0.8396
Dividend yieldDiv yield5.16%
Beta0.94vs XLB 1.20

Price target$80.00+22.9%Average of 35 analysts
ConsensusBuy20 of 35 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 10, 2026KeyBancInitiate
Rating:
Rating: Sector Weight
Aug 3, 2026UBSReiterate
Rating: Target: $88
Rating: BuyTarget: $92
Aug 3, 2026Deutsche BankReiterate
Rating: Target: $82
Rating: HoldTarget: $74
Jul 16, 2026Goldman SachsReiterate
Rating: Target: $89
Rating: NeutralTarget: $75
Jul 2, 2026Morgan StanleyReiterate
Rating: Target: $83
Rating: OverweightTarget: $79

Next report
Nov 2, 26
in 41 days
EPS estimate
$1.95
Revenue estimate
$2.43B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Jan '25Apr '25Jul '25Nov '25Jan '26Apr '26Jul '26Nov '26
Reported$1.87$1.91$1.60$1.14$0.75$1.09$1.97Pending
Estimate$1.60$1.89$1.72$1.16$0.76$1.06$1.82$1.95
Surprise+16.9%+1.1%−7.0%−1.7%−1.3%+2.8%+8.2%

RevenueReportedEstimate

Jan '25Apr '25Jul '25Nov '25Jan '26Apr '26Jul '26Nov '26
Reported$2.25B$2.29B$2.29B$2.20B$1.97B$2.18B$2.51BPending
Estimate$2.29B$2.33B$2.36B$2.26B$2.02B$2.17B$2.40B$2.43B
Surprise−1.8%−1.6%−2.8%−2.5%−2.3%+0.2%+4.8%
Estimate$1.95
ReportedDue Nov 2, 2026
Estimate$2.43B
ReportedDue Nov 2, 2026
View details

Debt to equity85.60%
Current ratio149.80%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$2.46B$2.25B$2.29B$2.29B$2.20B$1.97B$2.18B$2.51B
Net income$180.0M$330.0M$182.0M$140.0M$47.0M$105.0M$107.0M$183.0M
Net margin7.3%14.7%7.9%6.1%2.1%5.3%4.9%7.3%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$357.0M$378.0M$318.0M$284.0M$210.0M$121.0M$193.0M$310.0M
YoY growth+36.8%+88.1%+12.8%−21.8%−41.2%−68.0%−39.3%+9.2%

Balance sheet, Jun 30, 2026Cash & short-term investments $691.0M · Total debt $5.22B · Total assets $15.42B · Shareholders' equity $6.10B

Revenue
$2.51B
Operating income
$310.0M
Net income
$183.0M
View details

Dividend yield
5.16%
Next ex-date
Dec 15, 26
estimated · in 84 days
Annual dividend
$3.36
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.83$0.83$0.83$0.83$0.84$0.84$0.84$0.84
Annual yield3.38%3.60%4.33%5.10%5.21%4.82%4.45%5.10%
Ex-dateDec 16Mar 14Jun 13Sep 15Dec 15Mar 13Jun 15Sep 15
Payment dateJan 8Apr 7Jul 8Oct 7Jan 8Apr 8Jul 8Oct 7
View details

Institutions95.18%108.87M shares
662 holders · as of Jun 30, 2026
Insiders0.78%892.6K shares
18 holders · as of Sep 3, 2026
Other4.04%4.62M shares
remainder

114.38M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
14.81%16.94Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
6.60%7.55Mas of Jun 30, 2026
Dimensional Fund Advisors LPInstitution
4.51%5.16Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
4.51%5.16Mas of Jun 30, 2026
State Street CorpInstitution
3.65%4.17Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 4, 2026Adrian James Holtofficer: SVP, Chf HR Ofcr−3,283$71.31
May 5, 2026Adrian James Holtofficer: SVP, Chf HR Ofcr−1,709$77.05
View details

  • Celanese

    Direct overlap in acetyls, acetate tow, and coatings materials

  • Dow

    Overlap in coatings inputs, specialty fluids, and intermediates

  • XPEL

    Focused rival in automotive and architectural protective films

Compare

CompanyPriceChange
Eastman Chemical$66.99+2.92%$7.44B16.99.90.8+9.7%
Celanese$48.42+9.09%$4.87B8.20.5+8.7%
Dow$28.40+0.44%$20.42B14.90.5+19.7%
XPEL$46.16+1.43%$1.25B23.119.32.5+14.7%
Median23.114.90.5+14.7%