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NYSE · Materials

EASTMAN CHEMICAL CO (EMN)

As-reported financials and SEC filings for EASTMAN CHEMICAL CO. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About EASTMAN CHEMICAL CO

Eastman Chemical Company is a global specialty materials company that produces a wide range of products used in everyday items. It operates through four segments: Advanced Materials, Additives & Functional Products, Chemical Intermediates, and Fibers, serving customers worldwide. The company focuses on innovation, sustainability, and circular economy practices, including molecular recycling technologies and biodegradable materials.

Snapshot

Revenue
$8.75B
Revenue growth (YoY)
-6.7%
Net income
$474.0M
Diluted EPS
$4.10
Gross margin
21.1%
Operating margin
Net margin
5.4%
FCF margin
4.8%
ROE
7.9%
net income / fiscal-year-end equity
P/E
18.5×
trailing when available, otherwise FY EPS
Market cap
$8.14B
Long-term debt / equity
0.70×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Eastman Chemical

  • Revenue fell 6.7% to $8.8B in FY2025, slower than the 1.9% the year before.
  • Most recent quarter Q2 FY2026: revenue $2.5B, up 9.9% from Q2 FY2025.
  • Free cash flow was $424M in FY2025, 4.8% of revenue.
  • Net income fell 47.6% to $474M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Eastman Chemical’s fundamentals sit among the 241 Materials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin21.1%
34th percentile of 191
Net margin5.4%
65th percentile of 221
FCF margin4.8%
54th percentile of 205
Revenue growth (YoY)-6.7%
21st percentile of 236
ROE7.9%
60th percentile of 216
P/E18.5×
38th percentile of 134
Long-term debt / equity0.70×
54th percentile of 165
Short interest5.69d
76th percentile of 238

No reported insider purchases (code P) in the last 90 days; 1 insider sale totaling $234,111. For context, about 14% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+7 quant / multi-strat
Initiated / added
5
1 new, 4 added
Reduced / exited
4
3 trimmed, 1 exited
Combined position
$225.3M
reported long value
InvestorAs ofPosition valueSharesChange
Two Sigma InvestmentsquantQ2 2026$107.4M1.6MAdded
AQR Capital ManagementquantQ2 2026$30.6M460.6KReduced
Gotham Asset ManagementQ2 2026$26.7M398.5KAdded
Citadel AdvisorsquantQ2 2026$20.6M308.3KAdded
Point72 Asset ManagementquantQ2 2026$15.1M224.7KNew
Renaissance TechnologiesquantQ2 2026$8.7M129.8KAdded
Millennium ManagementquantQ2 2026$7.3M109.7KReduced
Markel GroupQ2 2026$5.0M75.0KHeld
D. E. ShawquantQ2 2026$3.8M56.6KReduced

No longer held by: Bridgewater Associates (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
1
$234K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-04
filed 2026-08-06
Holt Adrian JamesSVP, Chf HR OfcrSell3.3K$71.31$234K
2026-05-05
filed 2026-05-07
Holt Adrian JamesSVP, Chf HR OfcrSell1.7K$77.05$132K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
5.6M
settled 2026-08-14
Change vs prior
+6.7%
vs previous settlement
Days to cover
5.69
at avg daily volume
Avg daily volume
988.1K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-145.6M+6.7%5.69
2026-07-315.3M-1.8%3.77
2026-07-155.4M-1.9%4.69
2026-06-305.5M-8.8%3.83
2026-06-156.0M+8.7%5.87
2026-05-295.5M+8.2%4.36
2026-05-155.1M+7.8%4.24
2026-04-304.7M-7.8%4.00

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$8.75B$9.38B$9.21B$10.58B$10.48B
Gross profit$1.84B$2.29B$2.06B$2.14B$2.50B
Operating income
Net income$474.0M$905.0M$894.0M$793.0M$857.0M
Diluted EPS$4.10$7.67$7.49$6.35$6.25

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$970.0M$1.29B$1.37B$975.0M$1.62B
Capital expenditure$546.0M$599.0M$828.0M$611.0M$555.0M
Free cash flow$424.0M$688.0M$546.0M$364.0M$1.06B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$2.51B9.9%$183.0M$1.59
Q1 FY2026$2.18B-4.9%$107.0M$0.93
Q4 FY2025$1.97B-12.1%$105.0M$0.92
Q3 FY2025$2.20B-10.6%$47.0M$0.40
Q2 FY2025$2.29B-3.2%$140.0M$1.20
Q1 FY2025$2.29B-0.9%$182.0M$1.57
Q4 FY2024$2.25B1.7%$330.0M$2.83
Q3 FY2024$2.46B8.7%$180.0M$1.53

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorMaterials
SIC industryPlastic Materials, Synth Resins & Nonvulcan Elastomers
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2016
SEC CIK915389

Selected SEC filings

10-Q2026-07-31
View on EDGAR →
10-Q2026-05-01
View on EDGAR →
8-K2026-07-30
View on EDGAR →
8-K2026-05-12
View on EDGAR →
8-K2026-04-30
View on EDGAR →

Largest Materials peers

All Materials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.