profit from every $100 of sales.

Eastman Chemical
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
You pay $16.04 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Eastman Chemical sold, what it kept, and what it did with the cash.
Sales went from $10.6 billion in 2022 to $8.75 billion in 2025, with $474 million of profit last year.
Eastman Chemical handed back more cash to shareholders than it generated last year.
Eastman Chemical vs. similar companies
Eastman Chemical grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Eastman Chemical | 16.0× · Fair price | ||
PPG Industries | 17.5× · Fair price | ||
International Flavors & Fragrances | No profit yet | ||
DuPont de Nemours | No profit yet | ||
LyondellBasell Industries | No profit yet |
AI analysis
An AI analyst reads Eastman Chemical's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 8,473 | 10,476 | 10,580 | 9,210 | 9,382 | 8,752 | |
| 1,975 | 2,500 | 2,137 | 2,061 | 2,290 | 1,844 | |
| – | – | 1,248 | 1,054 | 1,376 | 956 | |
| – | – | 1,642 | 1,800 | 1,803 | 1,300 | |
| 478 | 857 | 793 | 894 | 905 | 474 | |
| 3.50 | 6.25 | 6.35 | 7.49 | 7.67 | 4.10 | |
| 23.3% | 23.9% | 20.2% | 22.4% | 24.4% | 21.1% | |
| – | – | 11.8% | 11.4% | 14.7% | 10.9% | |
| 5.6% | 8.2% | 7.5% | 9.7% | 9.6% | 5.4% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 16,083 | 15,519 | 14,667 | 14,633 | 15,213 | 14,859 |
| Cash | 564 | 459 | 493 | 548 | 837 | 566 |
| Total debt | 5,618 | 5,159 | 5,151 | 4,846 | 5,017 | 4,787 |
| Total liabilities | 9,975 | 9,731 | 9,431 | 9,103 | 9,361 | 8,822 |
| 6,023 | 5,704 | 5,153 | 5,458 | 5,779 | 5,961 | |
| 137 | 137 | 125 | 119 | 118 | 116 | |
| – | – | 8.9% | 10.0% | 9.5% | 5.8% | |
| 7.9% | 15.0% | 15.4% | 16.4% | 15.7% | 8.0% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 1,455 | 1,619 | 975 | 1,374 | 1,287 | 970 | |
| 383 | 555 | 611 | 828 | 599 | 546 | |
| 1,072 | 1,064 | 364 | 546 | 688 | 424 | |
| Dividends paid | 358 | 375 | 381 | 376 | 379 | 381 |
| – | – | 1,002 | 150 | 300 | 100 | |
| 44 | 70 | 69 | 64 | 63 | 48 |
Valuation
- 16.0×
- 11.0×
- 4.99
- 1.4×
- 0.9×
- 17.9×
- 9.1×
- 5.6%
- 6.2%
- 4.5%
Profitability
- 21.1%
- 10.9%
- 5.4%
- 13.8%
- 5.4%
- 7.3%
- 6.8%
- 2.6%
- 6.5%
- 2.9%
Growth
- +0.7%
- +3.2%
- −38.4%
- +4.5%
- −4.0%
Financial health
- 3.9×
- 0.89
- 35.0%
- 3.8×
- 1.47
- 0.71
- 0.57
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $78.71
- Range
- $70.00 – $88.00
- 4 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 30, 2026 | 1.09 | 1.07 | +1.9% |
| Jan 29, 2026 | 0.75 | 0.76 | −1.3% |
| Nov 3, 2025 | 1.14 | 1.16 | −1.7% |
| Jul 31, 2025 | 1.60 | 1.72 | −7.0% |
| Apr 24, 2025 | 1.91 | 1.89 | +1.1% |
| Jan 30, 2025 | 1.87 | 1.60 | +16.9% |
| Oct 31, 2024 | 2.26 | 2.14 | +5.6% |
| Jul 25, 2024 | 2.15 | 2.01 | +7.0% |
Paid per share, each year
$1.66 in 2015 → $3.33 in 2025
How safe it looks
80.4% of its profit
Room to growStretchedMore than it earns: 89.9%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Eastman Chemical
Is Eastman Chemical a good stock to buy?
A business with weak numbers at a fair price. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Eastman Chemical AI analysis
What does Eastman Chemical do?
Eastman Chemical Company operates as a specialty materials company in the United States and internationally. It is in Chemicals - Specialty, based in Kingsport, TN, United States, with 13,000 employees.
Does Eastman Chemical pay a dividend?
Yes. At today's price the dividend is 4.5% a year, about 80% of its yearly profit. In 2025 it paid out $381 million in dividends.
Is Eastman Chemical stock halal?
No. Eastman Chemical does not pass our halal screen: its debt is 63% of its market value, at or above the 33% limit. How we check
How has Eastman Chemical stock done over the past year?
Up 9.2% over the past twelve months, to $66.51. It traded between $56.37 and $81.36 and is 18.3% below its high.
Who are Eastman Chemical's competitors?
The largest listed companies in the same industry are PPG Industries, International Flavors & Fragrances, DuPont de Nemours and LyondellBasell Industries. The peers table on this page compares their profit, growth and price with Eastman Chemical's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



