Eastman Chemical Company

EMN Basic Materials Specialty Chemicals

Eastman Chemical Company’s revenue for fiscal 2025 (year ended December 2025) was $8.8 billion, down 6.71% from fiscal 2024.

Revenue
+8.31%
EPS
+266.4%
Free cash flow
−26.4%
Total debt
−6.92%

Quarter to September 2026, against a year earlier

65.62 1.99 −2.94%
Market cap
$7.5B
P/E
12.0×
Fwd P/E
11.5×
Dividend yield
5.12%
F-score
5/9
Altman Z
2.29
Beneish M
−2.66
Dividend safety
41/100

Eastman Chemical Company (EMN) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Eastman Chemical Company (EMN) trades at a EV/EBITDA of 8.0×. Over the past ten years it has ranged from 5.5× (September 2022) to 16.7× (June 2021); the current reading is higher than 26% of that period. That is below the Specialty Chemicals industry median of 12.9× and below the Basic Materials sector median of 9.2×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 8.5× 5.58%
FY2024 8.1× (17.18%)
FY2023 9.7× 19.35%
FY2022 8.1× (5.38%)
FY2021 8.6× (38.12%)
FY2020 13.9× 47.75%
FY2019 9.4× 26.69%
FY2018 7.4× (19.76%)
FY2017 9.3× 5.33%
FY2016 8.8× 5.36%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 7.9× (11.29%)
Jun 2026 9.0× (15.41%)
Mar 2026 10.6× 24.64%
Dec 2025 8.5× 14.92%
43 more quarters

Against its own ten years

Low 5.5× High 16.7×
Ten-year median 9.0×
Current reading's percentile 26

EV/EBITDA against peers

Company EV/EBITDA
SSL Sasol Ltd. compare 0.4×
EMN Eastman Chemical Company 8.0×
AXTA Axalta Coating Systems Ltd. compare 10.6×
NEU NewMarket Corporation compare 10.8×
SOLS Solstice Advanced Materials Inc. compare 12.6×
ESI Element Solutions Inc. compare 16.2×
WLK Westlake Corporation compare 16.7×
SQM Sociedad Quimica y Minera S.A. compare 16.8×
BCPC Balchem Corporation compare 20.8×
Specialty Chemicals industry median 12.9×
Basic Materials sector median 9.2×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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