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Side-by-side financial comparison of Eastman Chemical Company (EMN) and Toast, Inc. (TOST). 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 1.2× Toast, Inc.). Toast, Inc. runs the higher net margin — 6.2% vs 5.3%, a 0.9% gap on every dollar of revenue. On growth, Toast, Inc. posted the faster year-over-year revenue change (22.0% vs -13.8%). Over the past eight quarters, Toast, Inc.'s revenue compounded faster (23.3% 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.

Toast, Inc. is an American cloud-based restaurant management software company based in Boston, Massachusetts. The company provides an all-in-one point of sale (POS) system built on the Android operating system.

EMN vs TOST — Head-to-Head

Bigger by revenue
EMN
EMN
1.2× larger
EMN
$2.0B
$1.6B
TOST
Growing faster (revenue YoY)
TOST
TOST
+35.9% gap
TOST
22.0%
-13.8%
EMN
Higher net margin
TOST
TOST
0.9% more per $
TOST
6.2%
5.3%
EMN
Faster 2-yr revenue CAGR
TOST
TOST
Annualised
TOST
23.3%
-8.6%
EMN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EMN
EMN
TOST
TOST
Revenue
$2.0B
$1.6B
Net Profit
$105.0M
$101.0M
Gross Margin
17.1%
25.9%
Operating Margin
5.2%
Net Margin
5.3%
6.2%
Revenue YoY
-13.8%
22.0%
Net Profit YoY
-42.3%
215.6%
EPS (diluted)
$0.93
$0.18

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.

Revenue
EMN
EMN
TOST
TOST
Q1 26
$2.0B
Q4 25
$2.0B
$1.6B
Q3 25
$2.2B
$1.6B
Q2 25
$2.3B
$1.6B
Q1 25
$2.3B
$1.3B
Q4 24
$2.2B
$1.3B
Q3 24
$2.5B
$1.3B
Q2 24
$2.4B
$1.2B
Net Profit
EMN
EMN
TOST
TOST
Q1 26
$105.0M
Q4 25
$105.0M
$101.0M
Q3 25
$47.0M
$105.0M
Q2 25
$140.0M
$80.0M
Q1 25
$182.0M
$56.0M
Q4 24
$330.0M
$32.0M
Q3 24
$180.0M
$56.0M
Q2 24
$230.0M
$14.0M
Gross Margin
EMN
EMN
TOST
TOST
Q1 26
17.1%
Q4 25
17.1%
25.9%
Q3 25
19.7%
26.5%
Q2 25
22.1%
25.3%
Q1 25
24.8%
25.9%
Q4 24
24.7%
24.9%
Q3 24
24.6%
24.7%
Q2 24
25.3%
23.0%
Operating Margin
EMN
EMN
TOST
TOST
Q1 26
Q4 25
0.6%
5.2%
Q3 25
6.1%
5.1%
Q2 25
7.4%
5.2%
Q1 25
11.0%
3.2%
Q4 24
13.2%
2.5%
Q3 24
11.4%
2.6%
Q2 24
12.1%
0.4%
Net Margin
EMN
EMN
TOST
TOST
Q1 26
5.3%
Q4 25
5.3%
6.2%
Q3 25
2.1%
6.4%
Q2 25
6.1%
5.2%
Q1 25
7.9%
4.2%
Q4 24
14.7%
2.4%
Q3 24
7.3%
4.3%
Q2 24
9.7%
1.1%
EPS (diluted)
EMN
EMN
TOST
TOST
Q1 26
$0.93
Q4 25
$0.93
$0.18
Q3 25
$0.40
$0.16
Q2 25
$1.20
$0.13
Q1 25
$1.57
$0.09
Q4 24
$2.81
$0.09
Q3 24
$1.53
$0.07
Q2 24
$1.94
$0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EMN
EMN
TOST
TOST
Cash + ST InvestmentsLiquidity on hand
$566.0M
$1.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$6.0B
$2.1B
Total Assets
$14.9B
$3.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EMN
EMN
TOST
TOST
Q1 26
$566.0M
Q4 25
$566.0M
$1.4B
Q3 25
$1.4B
Q2 25
$1.2B
Q1 25
$1.0B
Q4 24
$837.0M
$903.0M
Q3 24
$761.0M
Q2 24
$691.0M
Stockholders' Equity
EMN
EMN
TOST
TOST
Q1 26
$6.0B
Q4 25
$6.0B
$2.1B
Q3 25
$5.8B
$2.0B
Q2 25
$5.8B
$1.8B
Q1 25
$5.9B
$1.7B
Q4 24
$5.8B
$1.5B
Q3 24
$5.7B
$1.4B
Q2 24
$5.6B
$1.3B
Total Assets
EMN
EMN
TOST
TOST
Q1 26
$14.9B
Q4 25
$14.9B
$3.1B
Q3 25
$15.0B
$3.0B
Q2 25
$15.2B
$2.8B
Q1 25
$15.0B
$2.6B
Q4 24
$15.2B
$2.4B
Q3 24
$15.1B
$2.2B
Q2 24
$14.9B
$2.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EMN
EMN
TOST
TOST
Operating Cash FlowLast quarter
$194.0M
Free Cash FlowOCF − Capex
$178.0M
FCF MarginFCF / Revenue
10.9%
Capex IntensityCapex / Revenue
1.0%
Cash ConversionOCF / Net Profit
1.92×
TTM Free Cash FlowTrailing 4 quarters
$608.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EMN
EMN
TOST
TOST
Q1 26
Q4 25
$502.0M
$194.0M
Q3 25
$402.0M
$165.0M
Q2 25
$233.0M
$223.0M
Q1 25
$-167.0M
$79.0M
Q4 24
$540.0M
$147.0M
Q3 24
$396.0M
$109.0M
Q2 24
$367.0M
$124.0M
Free Cash Flow
EMN
EMN
TOST
TOST
Q1 26
Q4 25
$390.0M
$178.0M
Q3 25
$265.0M
$153.0M
Q2 25
$83.0M
$208.0M
Q1 25
$-314.0M
$69.0M
Q4 24
$361.0M
$134.0M
Q3 24
$276.0M
$97.0M
Q2 24
$252.0M
$108.0M
FCF Margin
EMN
EMN
TOST
TOST
Q1 26
Q4 25
19.8%
10.9%
Q3 25
12.0%
9.4%
Q2 25
3.6%
13.4%
Q1 25
-13.7%
5.2%
Q4 24
16.1%
10.0%
Q3 24
11.2%
7.4%
Q2 24
10.7%
8.7%
Capex Intensity
EMN
EMN
TOST
TOST
Q1 26
Q4 25
5.7%
1.0%
Q3 25
6.2%
0.7%
Q2 25
6.6%
1.0%
Q1 25
6.4%
0.7%
Q4 24
8.0%
1.0%
Q3 24
4.9%
0.9%
Q2 24
4.9%
1.3%
Cash Conversion
EMN
EMN
TOST
TOST
Q1 26
Q4 25
4.78×
1.92×
Q3 25
8.55×
1.57×
Q2 25
1.66×
2.79×
Q1 25
-0.92×
1.41×
Q4 24
1.64×
4.59×
Q3 24
2.20×
1.95×
Q2 24
1.60×
8.86×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EMN
EMN

Segment breakdown not available.

TOST
TOST

Technology Service$1.3B82%
License$256.0M16%
Product And Professional Services$43.0M3%

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