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Side-by-side financial comparison of Eastman Chemical Company (EMN) and Teradyne (TER). Click either name above to swap in a different company.
Eastman Chemical Company is the larger business by last-quarter revenue ($2.0B vs $1.3B, roughly 1.5× Teradyne). Teradyne runs the higher net margin — 31.1% vs 5.3%, a 25.8% gap on every dollar of revenue. On growth, Teradyne posted the faster year-over-year revenue change (87.0% vs -13.8%). Over the past eight quarters, Teradyne's revenue compounded faster (32.6% 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.
Teradyne, Inc. is an American automatic test equipment (ATE) designer and manufacturer based in North Reading, Massachusetts. Its high-profile customers include Samsung, Qualcomm, Intel, Analog Devices, Texas Instruments and IBM.
EMN vs TER — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $1.3B |
| Net Profit | $105.0M | $398.9M |
| Gross Margin | 17.1% | 60.9% |
| Operating Margin | — | 36.9% |
| Net Margin | 5.3% | 31.1% |
| Revenue YoY | -13.8% | 87.0% |
| Net Profit YoY | -42.3% | — |
| EPS (diluted) | $0.93 | $2.53 |
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 | $1.3B | ||
| Q4 25 | $2.0B | $1.1B | ||
| Q3 25 | $2.2B | $769.2M | ||
| Q2 25 | $2.3B | $651.8M | ||
| Q1 25 | $2.3B | $685.7M | ||
| Q4 24 | $2.2B | $752.9M | ||
| Q3 24 | $2.5B | $737.3M | ||
| Q2 24 | $2.4B | $729.9M |
| Q1 26 | $105.0M | $398.9M | ||
| Q4 25 | $105.0M | $257.2M | ||
| Q3 25 | $47.0M | $119.6M | ||
| Q2 25 | $140.0M | $78.4M | ||
| Q1 25 | $182.0M | $98.9M | ||
| Q4 24 | $330.0M | $146.3M | ||
| Q3 24 | $180.0M | $145.6M | ||
| Q2 24 | $230.0M | $186.3M |
| Q1 26 | 17.1% | 60.9% | ||
| Q4 25 | 17.1% | 57.2% | ||
| Q3 25 | 19.7% | 58.4% | ||
| Q2 25 | 22.1% | 57.2% | ||
| Q1 25 | 24.8% | 60.6% | ||
| Q4 24 | 24.7% | 59.4% | ||
| Q3 24 | 24.6% | 59.2% | ||
| Q2 24 | 25.3% | 58.3% |
| Q1 26 | — | 36.9% | ||
| Q4 25 | 0.6% | 27.1% | ||
| Q3 25 | 6.1% | 18.9% | ||
| Q2 25 | 7.4% | 13.9% | ||
| Q1 25 | 11.0% | 17.6% | ||
| Q4 24 | 13.2% | 20.4% | ||
| Q3 24 | 11.4% | 20.6% | ||
| Q2 24 | 12.1% | 28.8% |
| Q1 26 | 5.3% | 31.1% | ||
| Q4 25 | 5.3% | 23.7% | ||
| Q3 25 | 2.1% | 15.5% | ||
| Q2 25 | 6.1% | 12.0% | ||
| Q1 25 | 7.9% | 14.4% | ||
| Q4 24 | 14.7% | 19.4% | ||
| Q3 24 | 7.3% | 19.8% | ||
| Q2 24 | 9.7% | 25.5% |
| Q1 26 | $0.93 | $2.53 | ||
| Q4 25 | $0.93 | $1.62 | ||
| Q3 25 | $0.40 | $0.75 | ||
| Q2 25 | $1.20 | $0.49 | ||
| Q1 25 | $1.57 | $0.61 | ||
| Q4 24 | $2.81 | $0.89 | ||
| Q3 24 | $1.53 | $0.89 | ||
| Q2 24 | $1.94 | $1.14 |
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 | $241.9M |
| Total DebtLower is stronger | — | $0 |
| Stockholders' EquityBook value | $6.0B | — |
| Total Assets | $14.9B | $4.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $566.0M | $241.9M | ||
| Q4 25 | $566.0M | $293.8M | ||
| Q3 25 | — | $272.7M | ||
| Q2 25 | — | $339.3M | ||
| Q1 25 | — | $475.6M | ||
| Q4 24 | $837.0M | $553.4M | ||
| Q3 24 | — | $510.0M | ||
| Q2 24 | — | $421.9M |
| Q1 26 | — | $0 | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $6.0B | — | ||
| Q4 25 | $6.0B | $2.8B | ||
| Q3 25 | $5.8B | $2.7B | ||
| Q2 25 | $5.8B | $2.8B | ||
| Q1 25 | $5.9B | $2.8B | ||
| Q4 24 | $5.8B | $2.8B | ||
| Q3 24 | $5.7B | $2.9B | ||
| Q2 24 | $5.6B | $2.7B |
| Q1 26 | $14.9B | $4.4B | ||
| Q4 25 | $14.9B | $4.2B | ||
| Q3 25 | $15.0B | $4.0B | ||
| Q2 25 | $15.2B | $3.8B | ||
| Q1 25 | $15.0B | $3.7B | ||
| Q4 24 | $15.2B | $3.7B | ||
| Q3 24 | $15.1B | $3.8B | ||
| Q2 24 | $14.9B | $3.6B |
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 | — | $265.1M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 0.66× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $265.1M | ||
| Q4 25 | $502.0M | $281.6M | ||
| Q3 25 | $402.0M | $49.0M | ||
| Q2 25 | $233.0M | $182.1M | ||
| Q1 25 | $-167.0M | $161.6M | ||
| Q4 24 | $540.0M | $282.6M | ||
| Q3 24 | $396.0M | $166.3M | ||
| Q2 24 | $367.0M | $216.1M |
| Q1 26 | — | — | ||
| Q4 25 | $390.0M | $218.8M | ||
| Q3 25 | $265.0M | $2.4M | ||
| Q2 25 | $83.0M | $131.7M | ||
| Q1 25 | $-314.0M | $97.6M | ||
| Q4 24 | $361.0M | $225.2M | ||
| Q3 24 | $276.0M | $114.4M | ||
| Q2 24 | $252.0M | $171.2M |
| Q1 26 | — | — | ||
| Q4 25 | 19.8% | 20.2% | ||
| Q3 25 | 12.0% | 0.3% | ||
| Q2 25 | 3.6% | 20.2% | ||
| Q1 25 | -13.7% | 14.2% | ||
| Q4 24 | 16.1% | 29.9% | ||
| Q3 24 | 11.2% | 15.5% | ||
| Q2 24 | 10.7% | 23.5% |
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | 5.8% | ||
| Q3 25 | 6.2% | 6.1% | ||
| Q2 25 | 6.6% | 7.7% | ||
| Q1 25 | 6.4% | 9.3% | ||
| Q4 24 | 8.0% | 7.6% | ||
| Q3 24 | 4.9% | 7.0% | ||
| Q2 24 | 4.9% | 6.1% |
| Q1 26 | — | 0.66× | ||
| Q4 25 | 4.78× | 1.09× | ||
| Q3 25 | 8.55× | 0.41× | ||
| Q2 25 | 1.66× | 2.32× | ||
| Q1 25 | -0.92× | 1.63× | ||
| Q4 24 | 1.64× | 1.93× | ||
| Q3 24 | 2.20× | 1.14× | ||
| Q2 24 | 1.60× | 1.16× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
