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Eastman Chemical Company

EMN

Basic Materials · 68.88 +0.8% today

Isolated · not yet confirmedMarket checked 11 Sept, 09:30 GMT-4

Market read

Eastman Chemical Company's current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.

Company+0.8% todayVolume comparison unavailable
Market group0 of 1 activeSpecialty Chemicals · unavailable
Disclosed network0 of 3 confirmingNo filing-linked name is confirming now
What would change this read
  • Advanced Materials segment reported a $13 million (1%) favorable exchange rate effect on second-quarter 2026 sales.
  • Net interest expense in Q1 2026 was $52 million, up from $49 million, driven by lower capitalized interest and lower interest income.

Invalidation: The isolated read changes if EMN's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Basic Materials · Specialty Chemicals

No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • Advanced Materials segment reported a $13 million (1%) favorable exchange rate effect on second-quarter 2026 sales.
  • Net interest expense in Q1 2026 was $52 million, up from $49 million, driven by lower capitalized interest and lower interest income.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations327
Usable filing statements166
Verified relationships3
Evidence supporting the case
  • Operating cash flow covered net income at 2.05x in the latest annual period.
Evidence challenging the case
  • Latest annual revenue changed -6.7% year over year.
  • Net margin changed -4.2 percentage points in the latest annual period.
  • Energy and commodity prices has repeated adverse evidence across 5 filings.
  • Input and raw-material costs has repeated adverse evidence across 5 filings.
  • Restructuring and cost reductions has repeated adverse evidence across 5 filings.
  • Tariffs and trade policy has repeated adverse evidence across 4 filings.
  • Demand and volume has repeated adverse evidence across 3 filings.
Questions before a position
  • P/E is 46% below the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 46% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

68.36
6m+0.9%12m+1.1%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$10.5B+23.6%$6.25+0.4%
2022-12-31$10.6B+1.0%$6.35-8.9%
2023-12-31$9.2B-12.9%$7.49-4.4%
2024-12-31$9.4B+1.9%$7.67-1.3%
2025-12-31$8.8B-6.7%$4.10-2.0%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesmixed · 5 filings
Net Debt June 30, December 31, (Dollars in millions) 2026 2025 Total borrowings $ 5,217 $ 4,787 Less: Cash and cash equivalents 691 566 Net debt (1) $ 4,526 $ 4,221 (1) Included a non-cash decrease of $17 million in 2026 and a non-cash increase of $68 million…
10-Q · Jul 31, 2026
Energy and commodity pricesnegative · 5 filings
EBIT decreased in first six months 2026 compared to first six months 2025 primarily due to $68 million lower sales volume mix and unfavorable asset utilization and lower selling prices and higher raw material and energy costs.
10-Q · Jul 31, 2026
Foreign exchangemixed · 5 filings
Net Debt June 30, December 31, (Dollars in millions) 2026 2025 Total borrowings $ 5,217 $ 4,787 Less: Cash and cash equivalents 691 566 Net debt (1) $ 4,526 $ 4,221 (1) Included a non-cash decrease of $17 million in 2026 and a non-cash increase of $68 million…
10-Q · Jul 31, 2026
Input and raw-material costsnegative · 5 filings
EBIT decreased in first six months 2026 compared to first six months 2025 primarily due to $68 million lower sales volume mix and unfavorable asset utilization and lower selling prices and higher raw material and energy costs.
10-Q · Jul 31, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 0.9× · EV/sales 1.3×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

68.88+0.8% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 09:30 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for EMN. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for EMN. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind EMN

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

HUNHuntsman CorporationcompetitorFeb 13, 2026

Principal Products Product Description Principal Competitors Key Raw Materials End-Use Applications Care Additives Alkylamine derivatives Organic acids and derivatives Cellulosic biopolymers amine derivative-based building blocks for production of flocculants…

XOMExxonMobil Holdings CorporationlenderFeb 13, 2026

OXEA Celanese Corporation Lonza Ineos Group Holdings S.A propane ethane propylene coal natural gas paraxylene industrial chemicals and processing building and construction (paint and coating applications, construction chemicals, building materials) pharmaceut…

Depended on by

BCPCBalchem CorporationpartnerApr 30, 2026

NOTE 6 - EQUITY METHOD INVESTMENT In January 2014, BCP Ingredients, Inc.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 1 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

EMN is currently a Leader in the organic co-movement group Specialty Chemicals. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for EMN; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.