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Side-by-side financial comparison of Eastman Chemical Company (EMN) and UGI CORP (UGI). Click either name above to swap in a different company.
UGI CORP is the larger business by last-quarter revenue ($2.1B vs $2.0B, roughly 1.0× Eastman Chemical Company). UGI CORP runs the higher net margin — 14.4% vs 5.3%, a 9.1% gap on every dollar of revenue. On growth, UGI CORP posted the faster year-over-year revenue change (3.9% vs -13.8%). Over the past eight quarters, UGI CORP's revenue compounded faster (-7.5% 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.
UGI Corporation is a natural gas and electric power distribution company headquartered in King of Prussia, Pennsylvania, with extensive operations in the United States and Europe.
EMN vs UGI — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $2.1B |
| Net Profit | $105.0M | $297.0M |
| Gross Margin | 17.1% | — |
| Operating Margin | — | 22.0% |
| Net Margin | 5.3% | 14.4% |
| Revenue YoY | -13.8% | 3.9% |
| Net Profit YoY | -42.3% | -20.8% |
| EPS (diluted) | $0.93 | $1.34 |
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 | $2.1B | ||
| Q3 25 | $2.2B | $1.2B | ||
| Q2 25 | $2.3B | $1.4B | ||
| Q1 25 | $2.3B | $2.6B | ||
| Q4 24 | $2.2B | $2.0B | ||
| Q3 24 | $2.5B | $1.2B | ||
| Q2 24 | $2.4B | $1.4B |
| Q1 26 | $105.0M | — | ||
| Q4 25 | $105.0M | $297.0M | ||
| Q3 25 | $47.0M | $-13.0M | ||
| Q2 25 | $140.0M | $-163.0M | ||
| Q1 25 | $182.0M | $479.0M | ||
| Q4 24 | $330.0M | $375.0M | ||
| Q3 24 | $180.0M | $-273.0M | ||
| Q2 24 | $230.0M | $-48.0M |
| 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% | 22.0% | ||
| Q3 25 | 6.1% | 1.1% | ||
| Q2 25 | 7.4% | -6.8% | ||
| Q1 25 | 11.0% | 26.6% | ||
| Q4 24 | 13.2% | 24.5% | ||
| Q3 24 | 11.4% | -20.4% | ||
| Q2 24 | 12.1% | 5.0% |
| Q1 26 | 5.3% | — | ||
| Q4 25 | 5.3% | 14.4% | ||
| Q3 25 | 2.1% | -1.1% | ||
| Q2 25 | 6.1% | -12.0% | ||
| Q1 25 | 7.9% | 18.2% | ||
| Q4 24 | 14.7% | 18.9% | ||
| Q3 24 | 7.3% | -22.6% | ||
| Q2 24 | 9.7% | -3.6% |
| Q1 26 | $0.93 | — | ||
| Q4 25 | $0.93 | $1.34 | ||
| Q3 25 | $0.40 | $-0.08 | ||
| Q2 25 | $1.20 | $-0.76 | ||
| Q1 25 | $1.57 | $2.19 | ||
| Q4 24 | $2.81 | $1.74 | ||
| Q3 24 | $1.53 | $-1.26 | ||
| Q2 24 | $1.94 | $-0.23 |
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 | $251.0M |
| Total DebtLower is stronger | — | $6.0B |
| Stockholders' EquityBook value | $6.0B | $5.0B |
| Total Assets | $14.9B | $15.8B |
| Debt / EquityLower = less leverage | — | 1.19× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $566.0M | — | ||
| Q4 25 | $566.0M | $251.0M | ||
| Q3 25 | — | $335.0M | ||
| Q2 25 | — | $350.0M | ||
| Q1 25 | — | $426.0M | ||
| Q4 24 | $837.0M | $240.0M | ||
| Q3 24 | — | $213.0M | ||
| Q2 24 | — | $183.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $6.0B | ||
| Q3 25 | — | $6.5B | ||
| Q2 25 | — | $5.7B | ||
| Q1 25 | — | $6.6B | ||
| Q4 24 | — | $6.6B | ||
| Q3 24 | — | $6.4B | ||
| Q2 24 | — | $6.3B |
| Q1 26 | $6.0B | — | ||
| Q4 25 | $6.0B | $5.0B | ||
| Q3 25 | $5.8B | $4.8B | ||
| Q2 25 | $5.8B | $4.9B | ||
| Q1 25 | $5.9B | $5.0B | ||
| Q4 24 | $5.8B | $4.6B | ||
| Q3 24 | $5.7B | $4.3B | ||
| Q2 24 | $5.6B | $4.7B |
| Q1 26 | $14.9B | — | ||
| Q4 25 | $14.9B | $15.8B | ||
| Q3 25 | $15.0B | $15.5B | ||
| Q2 25 | $15.2B | $15.4B | ||
| Q1 25 | $15.0B | $15.7B | ||
| Q4 24 | $15.2B | $15.4B | ||
| Q3 24 | $15.1B | $15.1B | ||
| Q2 24 | $14.9B | $15.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.19× | ||
| Q3 25 | — | 1.37× | ||
| Q2 25 | — | 1.17× | ||
| Q1 25 | — | 1.32× | ||
| Q4 24 | — | 1.44× | ||
| Q3 24 | — | 1.48× | ||
| Q2 24 | — | 1.34× |
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 | — | $66.0M |
| Free Cash FlowOCF − Capex | — | $-155.0M |
| FCF MarginFCF / Revenue | — | -7.5% |
| Capex IntensityCapex / Revenue | — | 10.7% |
| Cash ConversionOCF / Net Profit | — | 0.22× |
| TTM Free Cash FlowTrailing 4 quarters | — | $282.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $502.0M | $66.0M | ||
| Q3 25 | $402.0M | $90.0M | ||
| Q2 25 | $233.0M | $289.0M | ||
| Q1 25 | $-167.0M | $684.0M | ||
| Q4 24 | $540.0M | $164.0M | ||
| Q3 24 | $396.0M | $151.0M | ||
| Q2 24 | $367.0M | $390.0M |
| Q1 26 | — | — | ||
| Q4 25 | $390.0M | $-155.0M | ||
| Q3 25 | $265.0M | $-168.0M | ||
| Q2 25 | $83.0M | $67.0M | ||
| Q1 25 | $-314.0M | $538.0M | ||
| Q4 24 | $361.0M | $-47.0M | ||
| Q3 24 | $276.0M | $-115.0M | ||
| Q2 24 | $252.0M | $185.0M |
| Q1 26 | — | — | ||
| Q4 25 | 19.8% | -7.5% | ||
| Q3 25 | 12.0% | -14.4% | ||
| Q2 25 | 3.6% | 4.9% | ||
| Q1 25 | -13.7% | 20.4% | ||
| Q4 24 | 16.1% | -2.4% | ||
| Q3 24 | 11.2% | -9.5% | ||
| Q2 24 | 10.7% | 13.7% |
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | 10.7% | ||
| Q3 25 | 6.2% | 22.1% | ||
| Q2 25 | 6.6% | 16.3% | ||
| Q1 25 | 6.4% | 5.5% | ||
| Q4 24 | 8.0% | 10.6% | ||
| Q3 24 | 4.9% | 22.0% | ||
| Q2 24 | 4.9% | 15.2% |
| Q1 26 | — | — | ||
| Q4 25 | 4.78× | 0.22× | ||
| Q3 25 | 8.55× | — | ||
| Q2 25 | 1.66× | — | ||
| Q1 25 | -0.92× | 1.43× | ||
| Q4 24 | 1.64× | 0.44× | ||
| Q3 24 | 2.20× | — | ||
| Q2 24 | 1.60× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
