Eastman Chemical (EMN)
Makes specialty materials, additives, chemical intermediates, and fibers for global industrial and consumer applications.
$66.88
vs last close+1.78 (+2.74%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,264 | 2,205 | 2,310 | 2,363 | 2,464 | 2,245 | 2,290 | 2,287 | 2,202 | 1,973 | 2,177 | 2,513 |
| Cost of revenue | 1,783 | 1,756 | 1,778 | 1,764 | 1,859 | 1,691 | 1,723 | 1,781 | 1,769 | 1,635 | 1,746 | 1,953 |
| Gross profit | 481 | 449 | 532 | 599 | 605 | 554 | 567 | 506 | 433 | 338 | 431 | 560 |
| 220 | 248 | 250 | 236 | 248 | 176 | 249 | 222 | 223 | 217 | 238 | 250 | |
| Research & development | 60 | 57 | 59 | 60 | 65 | 66 | 67 | 67 | 63 | 58 | 60 | 65 |
| 160 | 191 | 191 | 176 | 183 | 110 | 182 | 155 | 160 | 159 | 178 | 185 | |
| Selling & marketing | 0 | 0 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 0 | 0 | 186 | 176 | 0 | 0 | 0 | 155 | 0 | 0 | 0 | 0 |
| Operating income | 261 | 201 | 282 | 363 | 357 | 378 | 318 | 284 | 210 | 121 | 193 | 310 |
| −62 | 224 | −68 | −76 | −77 | −81 | −65 | −115 | −76 | −109 | −57 | −54 | |
| Interest income | 2 | 2 | 4 | 4 | 4 | 4 | 4 | 3 | 2 | 0 | 2 | 2 |
| Interest expense | 59 | 54 | 53 | 54 | 53 | 56 | 53 | 56 | 56 | 52 | 49 | 56 |
| Other non-operating income | 3 | −277 | 15 | 22 | 24 | 25 | 12 | 59 | 20 | 57 | 8 | 0 |
| Income before tax | 199 | 425 | 214 | 287 | 280 | 297 | 253 | 169 | 134 | 12 | 136 | 256 |
| Income tax expense | 20 | 114 | 49 | 56 | 99 | −34 | 70 | 29 | 87 | −93 | 29 | 72 |
| Net income from continuing operations | 179 | 311 | 165 | 231 | 181 | 331 | 183 | 140 | 47 | 105 | 107 | 184 |
| Net income | 178 | 310 | 165 | 230 | 180 | 330 | 182 | 140 | 47 | 105 | 107 | 183 |
| EPS, basic | $1.50 | $2.63 | $1.40 | $1.96 | $1.55 | $2.85 | $1.58 | $1.22 | $0.41 | $0.92 | $0.94 | $1.60 |
| EPS, diluted | $1.49 | $2.61 | $1.39 | $1.94 | $1.53 | $2.82 | $1.57 | $1.20 | $0.41 | $0.92 | $0.93 | $1.59 |
| Weighted average shares, basic | 119 | 118 | 117 | 117 | 116 | 117 | 117 | 115 | 114 | 114 | 114 | 114 |
| Weighted average shares, diluted | 119 | 119 | 118 | 119 | 118 | 118 | 118 | 116 | 115 | 115 | 115 | 115 |
| EBITDA | 378 | 596 | 394 | 467 | 460 | 482 | 432 | 352 | 319 | 195 | 316 | 442 |
| Depreciation & amortization | 120 | 118 | 127 | 126 | 127 | 129 | 126 | 127 | 129 | 131 | 131 | 132 |
| EBIT | 258 | 478 | 267 | 341 | 333 | 353 | 306 | 225 | 190 | 64 | 185 | 310 |
