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) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Additives And Functional Products 2,880 32.91%
Advanced Materials 2,880 32.91%
Chemical Intermediates 1,925 21.99%
Fibers 1,050 12.00%
Other Segments 17 0.19%
Gross margin 21.07%
Operating margin 8.87%
Pre-tax margin 6.49%

Revenue by segment $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Additives And Functional Products 2,880 2,862 2,834 3,475 2,949 2,095 3,273 3,647 3,343 2,979 3,159 2,640 1,719 1,332 1,067 931
Advanced Materials 2,880 3,050 2,932 3,207 3,027 2,524 2,688 2,755 2,572 2,457 2,414 2,378 2,349 1,694 1,195 1,043
Chemical Intermediates 1,925 2,134 2,143 2,716 2,608 2,090 2,443 2,831 2,728 2,534 2,811 3,034 — — — —
Fibers 1,050 1,318 1,295 1,022 900 837 869 918 852 992 1,219 1,457 1,441 1,315 1,279 1,142
Other Segments 17 18 6 160 992 927 — — 54 46 45 18 18 11 0 0
Specialty Fluids And Intermediates — — — — — — — — — — — — 2,497 2,318 2,256 1,676
Adhesives And Plasticizers — — — — — — — — — — — — 1,326 1,432 1,381 1,050
All Operating Segments — — — — — 7,546 — — 9,495 8,962 9,603 9,509 9,332 8,091 7,178 5,842
Revenue 8,752 9,382 9,210 10,580 10,476 8,473 9,273 10,151 9,549 9,008 9,648 9,527 9,350 8,102 7,178 5,842

Operating income by segment $m, and margin

Revenue by region $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014
All Foreign Countries 4,140 4,536 4,442 4,878 5,089 5,036 5,553 6,033 5,550 5,205 5,552 5,365
UNITED STATES 3,662 3,773 3,794 4,738 4,397 3,437 3,720 4,118 3,999 3,803 4,096 4,162
CHINA 950 1,073 974 964 990 — — — — — — —
Revenue 8,752 9,382 9,210 10,580 10,476 8,473 9,273 10,151 9,549 9,008 9,648 9,527

Operating figures as reported in each quarter’s results release or filing

Figure Quarter Latest A year before Change
Additives & Functional Products price effect Q3 FY2026 10.0% 3.00% —
Additives & Functional Products volume/product mix effect Q3 FY2026 −1.00% −8.00% —
Advanced Materials price effect Q3 FY2026 4.00% −1.00% —
Advanced Materials volume/product mix effect Q2 FY2026 4.00% −2.00% —
Chemical Intermediates price effect Q3 FY2026 12.0% — —
Chemical Intermediates volume/product mix effect Q3 FY2026 4.00% −8.00% —
Fibers price effect Q3 FY2026 −4.00% — —
Fibers volume/product mix effect Q3 FY2026 4.00% −24.0% —
Sales volume/mix effect Q3 FY2026 1.00% −10.0% —
Selling price effect Q3 FY2026 7.00% −1.00% —

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.