Eastman Kodak Company

KODK Industrials Specialty Business Services

Eastman Kodak Company’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, up 2.49% from fiscal 2024.

Revenue
+2.60%
EPS
+367.9%
Free cash flow
−129.4%
Total debt
−78.3%

Quarter to September 2026, against a year earlier

8.12 0.72 +9.73%
Market cap
$725.9M
P/E
0.0×
Fwd P/E
32.5×
Dividend yield
—
F-score
6/9
Altman Z
n/a
Beneish M
−4.34
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 0.02
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — 1 — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 31.02%

Capital & Financial Ratios $m

Size
Market Cap 725.94
Revenue ttm 1,142.00
Net income ttm (86.00)
Free cash flow ttm 462.00
Net debt Q (207.00)
Valuation
P/E 0.00
Forward P/E 32.50
Price / sales 0.64
Forward P/S Powerpack
Price / FCF 1.58
Price / book 1.12
Financial health
Current ratio Q 3.18 (at or above 1.5: strong)
Debt / equity Q 0.17 (at or below 0.5: strong)
Interest coverage Q 5.00
Growth
Revenue growth Q +2.60% (above 0%: growing)
Operating income growth Q −21.05% (below 0%: shrinking)
EPS, this year +124.72% (at or above 15%: strong)
EPS, next year A +81.82% (at or above 15%: strong)
Revenue, next year A +10.66% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A −12.00% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 91.93%
10-year low 10-year high
P/B against its own 10 years 58.61%
10-year low 10-year high
EV/Sales against its own 10 years 67.47%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 255 201 337 317
Receivables 195 138 145 134
Inventory 217 219 218 261
Other 45 37 141 79
712 595 841 791
2023 2024 2025 Q'26
Payables 125 120 101 91
ST’ Debt 1 1 1 2
Other 144 129 155 145
283 261 268 249

Compound Annual Growth %

10y 5y 3y
Sales (5.09%) 0.77% (3.91%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 19.55% 51.47% (16.14%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.21) 0.13 0.20 — —
’25 (0.12) (0.36) (0.08) (1.23) (1.78)
’24 0.30 0.23 0.15 0.23 0.90
’23 0.30 0.32 0.03 0.03 0.67
’22 (0.08) 0.19 (0.01) 0.05 0.16
’21 0.07 0.16 0.06 (0.12) 0.27
’20 (2.66) (0.23) (6.94) 0.10 (9.77)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 265 311 276 — —
’25 247 263 269 290 1,069
’24 249 267 261 266 1,043
’23 278 295 269 275 1,117
’22 290 321 289 305 1,205
’21 265 291 287 307 1,150
’20 267 213 252 297 1,029
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (30) 5 — — —
’25 (38) 8 21 489 480
’24 17 (7) (21) 4 (7)
’23 14 7 0 17 38
’22 (43) (60) (27) 14 (116)
’21 (16) (5) (12) (14) (47)
’20 (41) (23) 16 13 (35)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (36) 0 (5) — —
’25 (45) (4) 17 478 446
’24 24 (16) (41) (30) (63)
’23 9 1 (4) 0 6
’22 (48) (64) (37) 2 (147)
’21 (17) (9) (16) (26) (68)
’20 (45) (26) 12 7 (52)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 1,643 1,386 1,320 1,242 1,029 1,150 1,205 1,117 1,043 1,069 1,142 (4.7%) 1,183 1,261 — +8.6%
Gross margin, % 24.53 15.22 13.64 14.65 13.12 14.26 14.11 18.80 19.46 21.70 24.43 (2.8) pt
EBT 51 (26) (13) (60) (376) 28 31 87 110 (112) (67) n/m
EBT margin, % 3.10 (1.88) (0.98) (4.83) (36.54) 2.43 2.57 7.79 10.55 (10.48) (5.87) (13.6) pt
Net income 16 94 (16) 116 (541) 24 26 75 102 (128) (86) n/m
Per share, $
Per share, $ Revenue 38.93 32.61 30.91 28.88 17.93 14.67 15.27 14.07 13.02 12.29 11.65 (12.0%)
Earnings 0.28 1.76 (0.84) 2.23 (9.77) 0.28 0.16 0.71 0.97 (1.78) (1.10) n/m
Cash flow (0.36) (1.58) (1.45) 0.28 (0.61) (0.60) (1.47) 0.48 (0.09) 5.52 4.99 n/m
Capex (0.66) (0.59) (0.52) (0.35) (0.30) (0.27) (0.39) (0.40) (0.70) (0.39) (0.28) (5.7%)
Free cash flow (1.02) (2.16) (1.97) (0.07) (0.91) (0.87) (1.86) 0.08 (0.79) 5.13 4.71 n/m
Book value (1.73) 1.34 (0.07) 2.30 1.34 9.96 13.19 11.73 8.00 7.06 6.67 n/m
Shares, m 42 43 43 43 57 78 79 79 80 87 95 +8.4%
Valuation, ×
Valuation, × P/E 54.83 1.81 0.00 1.98 0.00 25.01 19.44 5.23 6.84 0.00 0.00 11.5
P/S 0.41 0.10 0.08 0.16 0.45 0.32 0.20 0.27 0.50 0.69 0.64 0.3
P/B 0.00 2.35 0.00 2.02 6.07 0.47 0.24 0.33 0.82 1.20 1.12 1.3
EV/Sales 0.39 0.14 0.20 0.05 0.28 0.23 0.29 0.45 0.76 0.57 0.46 0.3
EV/FCF (15.07) (2.11) (3.20) (21.98) (5.58) (3.81) (2.35) 84.51 (12.58) 1.36 1.13 1.9
Cash, $m
Cash, $m Operating cash flow (15) (67) (62) 12 (35) (47) (116) 38 (7) 480 489 n/m
Capex (28) (25) (22) (15) (17) (21) (31) (32) (56) (34) (27) +2.2%
Free cash flow (43) (92) (84) (3) (52) (68) (147) 6 (63) 446 462 n/m
Balance, $m
Balance, $m Working capital 622 539 132 338 331 498 388 429 334 573 542 (0.9%)
Net debt (23) 60 160 (134) (177) (108) 100 203 266 (128) (207) +21.0%
Shareholders’ equity (73) 57 (3) 99 77 781 1,041 931 641 614 654 n/m
Returns, %
Returns, % ROA 0.77 4.31 (2.24) 6.56 (42.13) 1.29 0.58 2.41 3.58 (8.57) (5.42) (9.3) pt
ROIC 0.00 (110.58) (46.97) 0.00 0.00 (4.27) (1.42) 0.22 (0.48) 0.00 3.91 0.0 pt
ROE 100.00 (937.50) (133.33) 200.00 (637.50) 5.13 1.43 5.68 9.92 (24.70) (13.84) (124.7) pt
People
People Employees 6,100 5,800 5,400 4,922 4,500 4,200 4,200 4,000 3,900 3,500 — (6.0%)
Revenue/emp, $m 0.27 0.24 0.24 0.25 0.23 0.27 0.29 0.28 0.27 0.31 — +1.4%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Eastman Kodak Company vs peers in Specialty Business Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
BV BrightView Holdings, Inc. $1.1B — (loss-making) — (loss-making) +1.31% (above 0%: growing) n/m +69.17% (above 0%: growing) 21.17% 4.50% Compare
TH Target Hospitality Corp. $1.0B — (loss-making) — (loss-making) +38.71% (above 0%: growing) n/m +486.17% (above 0%: growing) 18.49% (8.77%) Compare
RHLD Resolute Holdings Management, Inc. $1.0B 23.4× — +295.65% (above 0%: growing) n/m +64.98% (above 0%: growing) 34.87% 7.44% Compare
LZ LegalZoom.com, Inc. $1.0B 51.2× 27.7× +2.62% (above 0%: growing) +66.67% (above 0%: growing) −27.39% (below 0%: shrinking) 70.75% 6.94% Compare
TRNS Transcat, Inc. $944.1M 208× 150× +18.01% (above 0%: growing) +83.57% (above 0%: growing) −28.28% (below 0%: shrinking) 33.61% 5.18% Compare
BKSY BlackSky Technology Inc. $782.5M — (loss-making) — (loss-making) +118.39% (above 0%: growing) n/m +100.16% (above 0%: growing) 0.00% 0.95% Compare
KODK Eastman Kodak Company $725.9M — (loss-making) 32.5× +2.60% (above 0%: growing) n/m −129.41% (below 0%: shrinking) 26.45% 5.43%
CASS Cass Information Systems, Inc $695.5M 19.1× 17.3× +12.24% (above 0%: growing) +23.88% (above 0%: growing) +625.84% (above 0%: growing) 92.56% 0.00% Compare
EBF Ennis, Inc. $530.2M 13.6× — (loss-making) +3.37% (above 0%: growing) −27.45% (below 0%: shrinking) +21.39% (above 0%: growing) 29.89% 13.31% Compare
Median of peers $982.0M 23.4× 27.7× +15.13% +45.28% +67.08% 31.75% 4.84%

All 45 Specialty Business Services stocks →

Pay and ownership Proxy statement filed 9 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 6.82m 8.83m 104.00
2024 6.23m 9.20m 81.00
2023 7.06m 7.11m 48.00
2022 2.70m 1.86m 37.00
2021 6.04m 4.17m 57.00

Ownership

Directors and executive officers, together 21.31%
GO EK Ventures IV, LLC B. Thomas Golisano 15.52%
Philippe D. Katz 10.99%
K.F. Investors LLC, et al. 10.80%
George and Renee Karfunkel 5.15%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Eastman Kodak Company (KODK) Latest News

4 Nov

3 Nov

Impact 3 · · Business Wire

27 Oct

11 May

Impact 4 · · MarketBeat

8 May

Impact 4 · · The Motley Fool transcript

7 May

Impact 3 · · Business Wire

17 Mar

Impact 4 · · The Motley Fool transcript

13 Mar

12 Mar

Impact 4 · · MarketBeat
Impact 3 · · Associated Press Finance
stockrow.com/KODK · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com