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Side-by-side financial comparison of Eastman Chemical Company (EMN) and HERTZ GLOBAL HOLDINGS, INC (HTZ). Click either name above to swap in a different company.
HERTZ GLOBAL HOLDINGS, INC is the larger business by last-quarter revenue ($2.0B vs $2.0B, roughly 1.0× Eastman Chemical Company). Eastman Chemical Company runs the higher net margin — 5.3% vs -9.6%, a 14.9% gap on every dollar of revenue. On growth, HERTZ GLOBAL HOLDINGS, INC posted the faster year-over-year revenue change (-0.6% vs -13.8%). Over the past eight quarters, HERTZ GLOBAL HOLDINGS, INC's revenue compounded faster (-1.3% CAGR vs -8.6%).
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.
Hertz Global Holdings, Inc., known as Hertz, is an American car rental company based in Estero, Florida. The company operates its namesake Hertz brand, along with the brands Dollar Rent A Car, Firefly Car Rental, and Thrifty Car Rental.
EMN vs HTZ — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $2.0B |
| Net Profit | $105.0M | $-194.0M |
| Gross Margin | 17.1% | — |
| Operating Margin | — | -11.0% |
| Net Margin | 5.3% | -9.6% |
| Revenue YoY | -13.8% | -0.6% |
| Net Profit YoY | -42.3% | 59.5% |
| EPS (diluted) | $0.93 | $-0.46 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $2.0B | ||
| Q3 25 | $2.2B | $2.5B | ||
| Q2 25 | $2.3B | $2.2B | ||
| Q1 25 | $2.3B | $1.8B | ||
| Q4 24 | $2.2B | $2.0B | ||
| Q3 24 | $2.5B | $2.6B | ||
| Q2 24 | $2.4B | $2.4B |
| Q1 26 | $105.0M | — | ||
| Q4 25 | $105.0M | $-194.0M | ||
| Q3 25 | $47.0M | $184.0M | ||
| Q2 25 | $140.0M | $-294.0M | ||
| Q1 25 | $182.0M | $-443.0M | ||
| Q4 24 | $330.0M | $-479.0M | ||
| Q3 24 | $180.0M | $-1.3B | ||
| Q2 24 | $230.0M | $-865.0M |
| Q1 26 | 17.1% | — | ||
| Q4 25 | 17.1% | — | ||
| Q3 25 | 19.7% | — | ||
| Q2 25 | 22.1% | — | ||
| Q1 25 | 24.8% | — | ||
| Q4 24 | 24.7% | — | ||
| Q3 24 | 24.6% | — | ||
| Q2 24 | 25.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.6% | -11.0% | ||
| Q3 25 | 6.1% | 9.4% | ||
| Q2 25 | 7.4% | -14.5% | ||
| Q1 25 | 11.0% | -29.0% | ||
| Q4 24 | 13.2% | -27.6% | ||
| Q3 24 | 11.4% | -62.9% | ||
| Q2 24 | 12.1% | -20.1% |
| Q1 26 | 5.3% | — | ||
| Q4 25 | 5.3% | -9.6% | ||
| Q3 25 | 2.1% | 7.4% | ||
| Q2 25 | 6.1% | -13.5% | ||
| Q1 25 | 7.9% | -24.4% | ||
| Q4 24 | 14.7% | -23.5% | ||
| Q3 24 | 7.3% | -51.7% | ||
| Q2 24 | 9.7% | -36.8% |
| Q1 26 | $0.93 | — | ||
| Q4 25 | $0.93 | $-0.46 | ||
| Q3 25 | $0.40 | $0.42 | ||
| Q2 25 | $1.20 | $-0.95 | ||
| Q1 25 | $1.57 | $-1.44 | ||
| Q4 24 | $2.81 | $-1.57 | ||
| Q3 24 | $1.53 | $-4.34 | ||
| Q2 24 | $1.94 | $-2.82 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $566.0M | $565.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $6.0B | $-459.0M |
| Total Assets | $14.9B | $22.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $566.0M | — | ||
| Q4 25 | $566.0M | $565.0M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $503.0M | ||
| Q1 25 | — | $626.0M | ||
| Q4 24 | $837.0M | $592.0M | ||
| Q3 24 | — | $501.0M | ||
| Q2 24 | — | $568.0M |
| Q1 26 | $6.0B | — | ||
| Q4 25 | $6.0B | $-459.0M | ||
| Q3 25 | $5.8B | $-317.0M | ||
| Q2 25 | $5.8B | $-504.0M | ||
| Q1 25 | $5.9B | $-262.0M | ||
| Q4 24 | $5.8B | $153.0M | ||
| Q3 24 | $5.7B | $681.0M | ||
| Q2 24 | $5.6B | $2.0B |
| Q1 26 | $14.9B | — | ||
| Q4 25 | $14.9B | $22.3B | ||
| Q3 25 | $15.0B | $23.0B | ||
| Q2 25 | $15.2B | $23.1B | ||
| Q1 25 | $15.0B | $22.0B | ||
| Q4 24 | $15.2B | $21.8B | ||
| Q3 24 | $15.1B | $23.0B | ||
| Q2 24 | $14.9B | $25.2B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $193.0M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $502.0M | $193.0M | ||
| Q3 25 | $402.0M | $835.0M | ||
| Q2 25 | $233.0M | $346.0M | ||
| Q1 25 | $-167.0M | $251.0M | ||
| Q4 24 | $540.0M | $414.0M | ||
| Q3 24 | $396.0M | $894.0M | ||
| Q2 24 | $367.0M | $546.0M |
| Q1 26 | — | — | ||
| Q4 25 | $390.0M | — | ||
| Q3 25 | $265.0M | — | ||
| Q2 25 | $83.0M | — | ||
| Q1 25 | $-314.0M | — | ||
| Q4 24 | $361.0M | — | ||
| Q3 24 | $276.0M | — | ||
| Q2 24 | $252.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | 19.8% | — | ||
| Q3 25 | 12.0% | — | ||
| Q2 25 | 3.6% | — | ||
| Q1 25 | -13.7% | — | ||
| Q4 24 | 16.1% | — | ||
| Q3 24 | 11.2% | — | ||
| Q2 24 | 10.7% | — |
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | — | ||
| Q3 25 | 6.2% | — | ||
| Q2 25 | 6.6% | — | ||
| Q1 25 | 6.4% | — | ||
| Q4 24 | 8.0% | — | ||
| Q3 24 | 4.9% | — | ||
| Q2 24 | 4.9% | — |
| Q1 26 | — | — | ||
| Q4 25 | 4.78× | — | ||
| Q3 25 | 8.55× | 4.54× | ||
| Q2 25 | 1.66× | — | ||
| Q1 25 | -0.92× | — | ||
| Q4 24 | 1.64× | — | ||
| Q3 24 | 2.20× | — | ||
| Q2 24 | 1.60× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
