Eastman Chemical CompanyEMNEarnings & Financial Report
Eastman Chemical Company is an American chemical products manufacturer based in Kingsport, Tennessee. Founded in 1920, it was formerly a subsidiary of Kodak until 1994. The company is an independent global specialty materials company that produces a broad range of advanced materials, chemicals and fibers for everyday purposes. It operates 36 manufacturing sites worldwide and employs approximately 14,000 people. In 2023, Eastman had sales revenue of approximately $9.21 billion.
Revenue
$2.2B
Gross Profit
$433.0M
Operating Profit
$134.0M
Net Profit
$47.0M
Gross Margin
19.7%
Operating Margin
6.1%
Net Margin
2.1%
YoY Growth
-10.6%
EPS
$0.40
Eastman Chemical Company Q3 FY2025 Financial Summary
Eastman Chemical Company reported revenue of $2.2B (down 10.6% YoY) for Q3 FY2025, with a net profit of $47.0M (down 73.9% YoY) (2.1% margin). Cost of goods sold was $1.8B, operating expenses totaled $299.0M.
Key Financial Metrics
| Total Revenue | $2.2B |
|---|---|
| Net Profit | $47.0M |
| Gross Margin | 19.7% |
| Operating Margin | 6.1% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
Eastman Chemical Company Q3 FY2025 revenue of $2.2B breaks down across 4 segments, led by Advanced Materials at $728.0M (33.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Advanced Materials | $728.0M | 33.1% |
| Additives And Functional Products | $716.0M | 32.5% |
| Chemical Intermediates | $499.0M | 22.7% |
| Fibers | $254.0M | 11.5% |
Eastman Chemical Company Revenue by Segment — Quarterly Trend
Eastman Chemical Company revenue by segment across the last 4 reported quarters, showing how each business line (such as Advanced Materials and Additives And Functional Products) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Advanced Materials | — | $656.0M | $728.0M | $777.0M |
| Additives And Functional Products | — | $662.0M | $716.0M | $769.0M |
| Chemical Intermediates | — | $418.0M | $499.0M | $463.0M |
| Fibers | — | $234.0M | $254.0M | $274.0M |
Eastman Chemical Company Annual Revenue by Year
Eastman Chemical Company annual revenue history includes year-by-year totals (for example, 2025 revenue was $8.8B).
| Year | Annual Revenue |
|---|---|
| 2025 | $8.8B |
| 2024 | $9.4B |
Eastman Chemical Company Quarterly Revenue & Net Profit History
Eastman Chemical Company results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $2.0B | -13.8% | $105.0M | 5.3% |
| Q4 FY2025 | $2.0B | -12.1% | $105.0M | 5.3% |
| Q3 FY2025 | $2.2B | -10.6% | $47.0M | 2.1% |
| Q2 FY2025 | $2.3B | -3.2% | $140.0M | 6.1% |
| Q1 FY2025 | $2.3B | -0.9% | $182.0M | 7.9% |
| Q4 FY2024 | $2.2B | +1.7% | $330.0M | 14.7% |
| Q3 FY2024 | $2.5B | +8.7% | $180.0M | 7.3% |
| Q2 FY2024 | $2.4B | +1.7% | $230.0M | 9.7% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.36B | $2.46B | $2.25B | $2.29B | $2.29B | $2.20B | $1.97B | $1.97B |
| YoY Growth | 1.7% | 8.7% | 1.7% | -0.9% | -3.2% | -10.6% | -12.1% | -13.8% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $14.95B | $15.06B | $15.21B | $14.97B | $15.22B | $14.98B | $14.86B | $14.86B |
| Liabilities | $9.25B | $9.33B | $9.36B | $9.03B | $9.31B | $9.14B | $8.82B | $8.82B |
| Equity | $5.63B | $5.65B | $5.78B | $5.87B | $5.83B | $5.77B | $5.96B | $5.96B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $367.0M | $396.0M | $540.0M | $-167.0M | $233.0M | $402.0M | $502.0M |