Stocktoria

EASTMAN CHEMICAL CO EMN

NYSE · stock · Plastic Materials, Synth Resins & Nonvulcan Elastomers · website · IPO 1993-12-14 · LEI

EASTMAN CHEMICAL CO statistics & valuation

Market cap$8.1B
P / E17.1×
P / S0.9×
P / B1.3×
P / FCF19.1×
Dividend yield4.71%
Net margin5.4%
Return on equity7.9%
FCF margin4.8%
Net debt$3.6B
Enterprise value USD$11.7B
Graham number -31.3%$49.87

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($49.87); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
9.50% 14.50% 10.60% 8.20% 5.60% 8.20% 7.50% 9.70% 9.60% 5.40% 2016201720182019202020212022202320242025
Gross margin (%)
26.20% 24.70% 24.40% 24.10% 23.30% 23.90% 20.20% 22.40% 24.40% 21.10% 2016201720182019202020212022202320242025
Operating margin (%)
15.40% 16.00% 2016201720182019202020212022202320242025
Return on equity (%)
18.50% 25.30% 18.40% 12.60% 7.80% 14.80% 15.10% 16.20% 15.50% 7.90% 2016201720182019202020212022202320242025
Shares outstanding
217.7M 218.4M 219.1M 219.6M 220.6M 221.8M 222.3M 222.8M 223.6M 223.9M 2016201720182019202020212022202320242025
Net debt ($)
$6.13B $5.96B $5.70B $5.41B $4.71B $3.95B $3.53B $3.76B $3.73B $3.63B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
5.50% 8.70% 6.80% 4.70% 3.00% 5.50% 5.40% 6.10% 5.90% 3.20% 2016201720182019202020212022202320242025
Free cash flow margin (%)
8.40% 10.60% 10.00% 11.60% 12.70% 10.20% 3.40% 5.90% 7.30% 4.80% 2016201720182019202020212022202320242025
Debt / equity (×)
1.37× 1.12× 1.01× 0.93× 0.86× 0.76× 0.77× 0.78× 0.78× 0.70× 2016201720182019202020212022202320242025
EPS ($)
$5.75 $9.47 $7.56 $5.48 $3.50 $6.25 $6.35 $7.49 $7.67 $4.10 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

EASTMAN CHEMICAL CO trades at about 17.7× earnings — above its 10-year norm (10-year range 10.5×–28.1×, median 13.5×).

10.5× 28.1×

Shaded band = 10-year range (10.5×–28.1×); dot = today's 17.7×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin21.1%24.4%22.4%20.2%23.9%23.3%24.1%24.4%24.7%26.2%
Operating margin————————16.0%15.4%
Net margin5.4%9.6%9.7%7.5%8.2%5.6%8.2%10.6%14.5%9.5%
FCF margin4.8%7.3%5.9%3.4%10.2%12.7%11.6%10.0%10.6%8.4%
Return on assets3.2%5.9%6.1%5.4%5.5%3.0%4.7%6.8%8.7%5.5%
Return on equity7.9%15.5%16.2%15.1%14.8%7.8%12.6%18.4%25.3%18.5%
Debt / equity0.70×0.78×0.78×0.77×0.76×0.86×0.93×1.01×1.12×1.37×
Current ratio1.371.511.351.161.561.741.861.821.591.60

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.