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Side-by-side financial comparison of Eastman Chemical Company (EMN) and MARRIOTT VACATIONS WORLDWIDE Corp (VAC). Click either name above to swap in a different company.
Eastman Chemical Company is the larger business by last-quarter revenue ($2.0B vs $1.2B, roughly 1.6× MARRIOTT VACATIONS WORLDWIDE Corp). Eastman Chemical Company runs the higher net margin — 5.3% vs -35.0%, a 40.3% gap on every dollar of revenue. On growth, MARRIOTT VACATIONS WORLDWIDE Corp posted the faster year-over-year revenue change (-0.7% vs -13.8%). Over the past eight quarters, MARRIOTT VACATIONS WORLDWIDE Corp's revenue compounded faster (5.2% 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.
Marriott Vacations Worldwide Corporation is a pure-play public timeshare company. Formerly a division of Marriott International, Marriott Vacations Worldwide was established as a separate, publicly traded entity focusing primarily on vacation ownership in November 2011. Marriott Vacations Worldwide runs more than 120 resorts with over 700,000 Owners and members in a diverse portfolio of brands under The Marriott Vacation Clubs name. Its brands include Marriott Vacation Club, The Marriott Vaca...
EMN vs VAC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $1.2B |
| Net Profit | $105.0M | $-431.0M |
| Gross Margin | 17.1% | — |
| Operating Margin | — | — |
| Net Margin | 5.3% | -35.0% |
| Revenue YoY | -13.8% | -0.7% |
| Net Profit YoY | -42.3% | -962.0% |
| EPS (diluted) | $0.93 | $-12.00 |
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 | $1.2B | ||
| Q3 25 | $2.2B | $1.2B | ||
| Q2 25 | $2.3B | $1.2B | ||
| Q1 25 | $2.3B | $1.1B | ||
| Q4 24 | $2.2B | $1.2B | ||
| Q3 24 | $2.5B | $1.2B | ||
| Q2 24 | $2.4B | $1.1B |
| Q1 26 | $105.0M | — | ||
| Q4 25 | $105.0M | $-431.0M | ||
| Q3 25 | $47.0M | $-2.0M | ||
| Q2 25 | $140.0M | $69.0M | ||
| Q1 25 | $182.0M | $56.0M | ||
| Q4 24 | $330.0M | $50.0M | ||
| Q3 24 | $180.0M | $84.0M | ||
| Q2 24 | $230.0M | $37.0M |
| 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% | — | ||
| Q3 25 | 6.1% | — | ||
| Q2 25 | 7.4% | — | ||
| Q1 25 | 11.0% | — | ||
| Q4 24 | 13.2% | — | ||
| Q3 24 | 11.4% | — | ||
| Q2 24 | 12.1% | — |
| Q1 26 | 5.3% | — | ||
| Q4 25 | 5.3% | -35.0% | ||
| Q3 25 | 2.1% | -0.2% | ||
| Q2 25 | 6.1% | 6.0% | ||
| Q1 25 | 7.9% | 5.0% | ||
| Q4 24 | 14.7% | 4.0% | ||
| Q3 24 | 7.3% | 6.9% | ||
| Q2 24 | 9.7% | 3.5% |
| Q1 26 | $0.93 | — | ||
| Q4 25 | $0.93 | $-12.00 | ||
| Q3 25 | $0.40 | $-0.07 | ||
| Q2 25 | $1.20 | $1.77 | ||
| Q1 25 | $1.57 | $1.46 | ||
| Q4 24 | $2.81 | $1.29 | ||
| Q3 24 | $1.53 | $2.12 | ||
| Q2 24 | $1.94 | $0.98 |
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 | $406.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $6.0B | $2.0B |
| Total Assets | $14.9B | $9.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $566.0M | — | ||
| Q4 25 | $566.0M | $406.0M | ||
| Q3 25 | — | $474.0M | ||
| Q2 25 | — | $205.0M | ||
| Q1 25 | — | $196.0M | ||
| Q4 24 | $837.0M | $197.0M | ||
| Q3 24 | — | $197.0M | ||
| Q2 24 | — | $206.0M |
| Q1 26 | $6.0B | — | ||
| Q4 25 | $6.0B | $2.0B | ||
| Q3 25 | $5.8B | $2.5B | ||
| Q2 25 | $5.8B | $2.5B | ||
| Q1 25 | $5.9B | $2.4B | ||
| Q4 24 | $5.8B | $2.4B | ||
| Q3 24 | $5.7B | $2.4B | ||
| Q2 24 | $5.6B | $2.4B |
| Q1 26 | $14.9B | — | ||
| Q4 25 | $14.9B | $9.8B | ||
| Q3 25 | $15.0B | $10.1B | ||
| Q2 25 | $15.2B | $9.9B | ||
| Q1 25 | $15.0B | $9.9B | ||
| Q4 24 | $15.2B | $9.8B | ||
| Q3 24 | $15.1B | $9.7B | ||
| Q2 24 | $14.9B | $9.6B |
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 | — | $6.0M |
| Free Cash FlowOCF − Capex | — | $-6.0M |
| FCF MarginFCF / Revenue | — | -0.5% |
| Capex IntensityCapex / Revenue | — | 1.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-29.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $502.0M | $6.0M | ||
| Q3 25 | $402.0M | $62.0M | ||
| Q2 25 | $233.0M | $-48.0M | ||
| Q1 25 | $-167.0M | $8.0M | ||
| Q4 24 | $540.0M | $100.0M | ||
| Q3 24 | $396.0M | $72.0M | ||
| Q2 24 | $367.0M | $30.0M |
| Q1 26 | — | — | ||
| Q4 25 | $390.0M | $-6.0M | ||
| Q3 25 | $265.0M | $51.0M | ||
| Q2 25 | $83.0M | $-68.0M | ||
| Q1 25 | $-314.0M | $-6.0M | ||
| Q4 24 | $361.0M | $86.0M | ||
| Q3 24 | $276.0M | $58.0M | ||
| Q2 24 | $252.0M | $17.0M |
| Q1 26 | — | — | ||
| Q4 25 | 19.8% | -0.5% | ||
| Q3 25 | 12.0% | 4.3% | ||
| Q2 25 | 3.6% | -5.9% | ||
| Q1 25 | -13.7% | -0.5% | ||
| Q4 24 | 16.1% | 6.9% | ||
| Q3 24 | 11.2% | 4.8% | ||
| Q2 24 | 10.7% | 1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | 1.0% | ||
| Q3 25 | 6.2% | 0.9% | ||
| Q2 25 | 6.6% | 1.7% | ||
| Q1 25 | 6.4% | 1.3% | ||
| Q4 24 | 8.0% | 1.1% | ||
| Q3 24 | 4.9% | 1.1% | ||
| Q2 24 | 4.9% | 1.2% |
| Q1 26 | — | — | ||
| Q4 25 | 4.78× | — | ||
| Q3 25 | 8.55× | — | ||
| Q2 25 | 1.66× | -0.70× | ||
| Q1 25 | -0.92× | 0.14× | ||
| Q4 24 | 1.64× | 2.00× | ||
| Q3 24 | 2.20× | 0.86× | ||
| Q2 24 | 1.60× | 0.81× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EMN
Segment breakdown not available.
VAC
| Cost Reimbursement | $467.0M | 38% |
| Time Share | $381.0M | 31% |
| Management And Exchange | $212.0M | 17% |
| Ancillary Revenues | $64.0M | 5% |
| Management Service | $55.0M | 4% |
| Service Other | $36.0M | 3% |
