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) Operating margin

Alert me on Operating margin

Eastman Chemical Company's operating margin over the twelve months to 30 September 2026 was 9.59%, up 0.7 percentage points from fiscal 2025 (8.87%). Over the past ten years it has ranged from 8.75% (fiscal 2020) to 17.3% (fiscal 2021); the current reading is higher than 18% of that period. That is above the Specialty Chemicals industry median of 5.64% and above the Basic Materials sector median of 2.88%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 8.87% (4.75)
FY2024 13.6% 2.99
FY2023 10.6% (0.73)
FY2022 11.4% (5.97)
FY2021 17.3% 8.58
FY2020 8.75% (3.33)
FY2019 12.1% (3.21)
FY2018 15.3% (0.73)
FY2017 16.0% 0.60
FY2016 15.4% 1.08

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 12.8% 0.41
Jun 2026 12.4% 3.74
Mar 2026 8.64% 5.40
Dec 2025 3.24% (5.30)
43 more quarters

Against its own ten years

Low 8.75% High 17.3%
Ten-year median 13.6%
Current reading's percentile 16

Operating margin against peers

Company Operating margin
SQM Sociedad Quimica y Minera S.A. compare 33.3%
BCPC Balchem Corporation compare 20.7%
NEU NewMarket Corporation compare 20.2%
SOLS Solstice Advanced Materials Inc. compare 14.7%
AXTA Axalta Coating Systems Ltd. compare 12.4%
ESI Element Solutions Inc. compare 11.7%
EMN Eastman Chemical Company 9.59%
SSL Sasol Ltd. compare 0.00%
WLK Westlake Corporation compare −3.81%
Specialty Chemicals industry median 5.64%
Basic Materials sector median 2.88%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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