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Side-by-side financial comparison of Eastman Chemical Company (EMN) and ON Semiconductor (ON). Click either name above to swap in a different company.
Eastman Chemical Company is the larger business by last-quarter revenue ($2.0B vs $1.6B, roughly 1.3× ON Semiconductor). ON Semiconductor runs the higher net margin — 16.4% vs 5.3%, a 11.1% gap on every dollar of revenue. On growth, ON Semiconductor posted the faster year-over-year revenue change (-10.0% vs -13.8%). Over the past eight quarters, Eastman Chemical Company's revenue compounded faster (-8.6% CAGR vs -12.3%).
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.
Fairchild Semiconductor International, Inc. was an American semiconductor company based in San Jose, California. It was founded in 1957 as a division of Fairchild Camera and Instrument by the "traitorous eight" who defected from Shockley Semiconductor Laboratory. It became a pioneer in the manufacturing of transistors and of integrated circuits. Schlumberger bought the firm in 1979 and sold it to National Semiconductor in 1987; Fairchild was spun off as an independent company again in 1997. I...
EMN vs ON — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $1.6B |
| Net Profit | $105.0M | $255.0M |
| Gross Margin | 17.1% | 37.9% |
| Operating Margin | — | 17.0% |
| Net Margin | 5.3% | 16.4% |
| Revenue YoY | -13.8% | -10.0% |
| Net Profit YoY | -42.3% | -32.9% |
| EPS (diluted) | $0.93 | $0.63 |
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 | $1.6B | ||
| Q3 25 | $2.2B | $1.5B | ||
| Q2 25 | $2.3B | $1.4B | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.2B | $1.7B | ||
| Q3 24 | $2.5B | $1.8B | ||
| Q2 24 | $2.4B | $1.7B |
| Q1 26 | $105.0M | — | ||
| Q4 25 | $105.0M | $255.0M | ||
| Q3 25 | $47.0M | $170.3M | ||
| Q2 25 | $140.0M | $-486.1M | ||
| Q1 25 | $182.0M | — | ||
| Q4 24 | $330.0M | $379.9M | ||
| Q3 24 | $180.0M | $401.7M | ||
| Q2 24 | $230.0M | $338.2M |
| Q1 26 | 17.1% | — | ||
| Q4 25 | 17.1% | 37.9% | ||
| Q3 25 | 19.7% | 37.6% | ||
| Q2 25 | 22.1% | 20.3% | ||
| Q1 25 | 24.8% | — | ||
| Q4 24 | 24.7% | 45.2% | ||
| Q3 24 | 24.6% | 45.4% | ||
| Q2 24 | 25.3% | 45.2% |
| Q1 26 | — | — | ||
| Q4 25 | 0.6% | 17.0% | ||
| Q3 25 | 6.1% | 13.2% | ||
| Q2 25 | 7.4% | -39.7% | ||
| Q1 25 | 11.0% | — | ||
| Q4 24 | 13.2% | 23.7% | ||
| Q3 24 | 11.4% | 25.3% | ||
| Q2 24 | 12.1% | 22.4% |
| Q1 26 | 5.3% | — | ||
| Q4 25 | 5.3% | 16.4% | ||
| Q3 25 | 2.1% | 11.6% | ||
| Q2 25 | 6.1% | -33.6% | ||
| Q1 25 | 7.9% | — | ||
| Q4 24 | 14.7% | 22.1% | ||
| Q3 24 | 7.3% | 22.8% | ||
| Q2 24 | 9.7% | 19.5% |
| Q1 26 | $0.93 | — | ||
| Q4 25 | $0.93 | $0.63 | ||
| Q3 25 | $0.40 | $0.41 | ||
| Q2 25 | $1.20 | $-1.15 | ||
| Q1 25 | $1.57 | — | ||
| Q4 24 | $2.81 | $0.88 | ||
| Q3 24 | $1.53 | $0.93 | ||
| Q2 24 | $1.94 | $0.78 |
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 | $2.9B |
| Total DebtLower is stronger | — | $3.4B |
| Stockholders' EquityBook value | $6.0B | $7.9B |
| Total Assets | $14.9B | $13.0B |
| Debt / EquityLower = less leverage | — | 0.43× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $566.0M | — | ||
| Q4 25 | $566.0M | $2.9B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | — | $3.0B | ||
| Q1 25 | — | — | ||
| Q4 24 | $837.0M | $3.0B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $2.7B |
| Q1 26 | — | — | ||
| Q4 25 | — | $3.4B | ||
| Q3 25 | — | $3.4B | ||
| Q2 25 | — | $3.4B | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $3.4B | ||
| Q3 24 | — | $3.4B | ||
| Q2 24 | — | $3.4B |
| Q1 26 | $6.0B | — | ||
| Q4 25 | $6.0B | $7.9B | ||
| Q3 25 | $5.8B | $7.9B | ||
| Q2 25 | $5.8B | $8.0B | ||
| Q1 25 | $5.9B | — | ||
| Q4 24 | $5.8B | $8.8B | ||
| Q3 24 | $5.7B | $8.6B | ||
| Q2 24 | $5.6B | $8.3B |
| Q1 26 | $14.9B | — | ||
| Q4 25 | $14.9B | $13.0B | ||
| Q3 25 | $15.0B | $13.1B | ||
| Q2 25 | $15.2B | $13.3B | ||
| Q1 25 | $15.0B | — | ||
| Q4 24 | $15.2B | $14.1B | ||
| Q3 24 | $15.1B | $13.9B | ||
| Q2 24 | $14.9B | $13.7B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.43× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | — | 0.42× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.38× | ||
| Q3 24 | — | 0.39× | ||
| Q2 24 | — | 0.41× |
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 | — | $418.7M |
| Free Cash FlowOCF − Capex | — | $372.4M |
| FCF MarginFCF / Revenue | — | 24.0% |
| Capex IntensityCapex / Revenue | — | 3.0% |
| Cash ConversionOCF / Net Profit | — | 1.64× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.4B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $502.0M | $418.7M | ||
| Q3 25 | $402.0M | $184.3M | ||
| Q2 25 | $233.0M | $602.3M | ||
| Q1 25 | $-167.0M | — | ||
| Q4 24 | $540.0M | $579.7M | ||
| Q3 24 | $396.0M | $465.8M | ||
| Q2 24 | $367.0M | $362.2M |
| Q1 26 | — | — | ||
| Q4 25 | $390.0M | $372.4M | ||
| Q3 25 | $265.0M | $106.1M | ||
| Q2 25 | $83.0M | $454.7M | ||
| Q1 25 | $-314.0M | — | ||
| Q4 24 | $361.0M | $434.8M | ||
| Q3 24 | $276.0M | $293.6M | ||
| Q2 24 | $252.0M | $207.7M |
| Q1 26 | — | — | ||
| Q4 25 | 19.8% | 24.0% | ||
| Q3 25 | 12.0% | 7.2% | ||
| Q2 25 | 3.6% | 31.5% | ||
| Q1 25 | -13.7% | — | ||
| Q4 24 | 16.1% | 25.2% | ||
| Q3 24 | 11.2% | 16.7% | ||
| Q2 24 | 10.7% | 12.0% |
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | 3.0% | ||
| Q3 25 | 6.2% | 5.3% | ||
| Q2 25 | 6.6% | 10.2% | ||
| Q1 25 | 6.4% | — | ||
| Q4 24 | 8.0% | 8.4% | ||
| Q3 24 | 4.9% | 9.8% | ||
| Q2 24 | 4.9% | 8.9% |
| Q1 26 | — | — | ||
| Q4 25 | 4.78× | 1.64× | ||
| Q3 25 | 8.55× | 1.08× | ||
| Q2 25 | 1.66× | — | ||
| Q1 25 | -0.92× | — | ||
| Q4 24 | 1.64× | 1.53× | ||
| Q3 24 | 2.20× | 1.16× | ||
| Q2 24 | 1.60× | 1.07× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EMN
Segment breakdown not available.
ON
| Industrial Segment | $426.3M | 27% |
| Other End Markets Segment | $337.3M | 22% |
| Intelligent Sensing Segments | $284.0M | 18% |
| Direct Customers | $282.4M | 18% |
| Intelligent Sensing Group | $230.0M | 15% |
