Eastman Chemical Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 1994
Revenue	9,210	10,580	10,476	8,473	9,273	10,151	9,549	9,008	9,648	9,527	Upgrade
Revenue Growth (YoY)	-12.95%	0.99%	23.64%	-8.63%	-8.65%	6.30%	6.01%	-6.63%	1.27%	1.89%	Upgrade
Cost of Revenue	7,149	8,443	7,976	6,498	7,039	7,672	7,186	6,651	7,068	7,306	Upgrade
Gross Profit	2,061	2,137	2,500	1,975	2,234	2,479	2,363	2,357	2,580	2,221	Upgrade
Selling, General & Admin	727	726	795	654	691	721	729	707	771	755	Upgrade
Research & Development	239	264	254	226	234	235	227	223	242	227	Upgrade
Other Operating Expenses	78	-49	-365	346	186	24	-127	42	183	77	Upgrade
Operating Expenses	1,044	941	684	1,226	1,111	980	829	972	1,196	1,059	Upgrade
Operating Income	1,017	1,196	1,816	749	1,123	1,499	1,534	1,385	1,384	1,162	Upgrade
Interest Expense / Income	215	182	198	210	218	235	241	255	263	187	Upgrade
Other Expense / Income	-283	40	546	20	6	-42	8	86	-2	-11	Upgrade
Pretax Income	1,085	974	1,072	519	899	1,306	1,285	1,044	1,123	986	Upgrade
Income Tax	191	181	215	41	140	226	-99	190	275	235	Upgrade
Net Income	894	793	857	478	759	1,080	1,384	854	848	751	Upgrade
Net Income Growth	12.74%	-7.47%	79.29%	-37.02%	-29.72%	-21.97%	62.06%	0.71%	12.92%	-35.54%	Upgrade
Shares Outstanding (Basic)	119	120	134	135	136	140	144	147	149	149	Upgrade
Shares Change	-1.19%	-10.75%	-0.76%	-0.38%	-2.90%	-2.57%	-2.06%	-1.25%	0.05%	-3.50%	Upgrade
EPS (Basic)	7.54	6.42	6.35	3.53	5.52	7.65	9.56	5.80	5.71	5.03	Upgrade
EPS (Diluted)	7.49	6.35	6.25	3.50	5.48	7.56	9.47	5.75	5.66	4.97	Upgrade
EPS Growth	17.95%	1.60%	78.57%	-36.13%	-27.51%	-20.17%	64.70%	1.59%	13.88%	-33.20%	Upgrade
Free Cash Flow	541	351	1,041	1,059	1,073	1,015	1,008	759	972	840	Upgrade
Free Cash Flow Per Share	4.56	2.92	7.74	7.82	7.89	7.25	7.01	5.17	6.54	5.66	Upgrade
Dividend Per Share	3.180	3.070	2.830	2.670	2.520	2.300	2.090	1.890	1.660	1.450	Upgrade
Dividend Growth	3.58%	8.48%	5.99%	5.95%	9.57%	10.05%	10.58%	13.86%	14.48%	16.00%	Upgrade
Gross Margin	22.38%	20.20%	23.86%	23.31%	24.09%	24.42%	24.75%	26.17%	26.74%	23.31%	Upgrade
Operating Margin	11.04%	11.30%	17.33%	8.84%	12.11%	14.77%	16.06%	15.38%	14.34%	12.20%	Upgrade
Profit Margin	9.71%	7.50%	8.18%	5.64%	8.19%	10.64%	14.49%	9.48%	8.79%	7.88%	Upgrade
Free Cash Flow Margin	5.87%	3.32%	9.94%	12.50%	11.57%	10.00%	10.56%	8.43%	10.07%	8.82%	Upgrade
Effective Tax Rate	17.60%	18.58%	20.06%	7.90%	15.57%	17.30%	-7.70%	18.20%	24.49%	23.83%	Upgrade
EBITDA	1,798	1,633	1,808	1,303	1,728	2,145	2,113	1,879	1,957	1,623	Upgrade
EBITDA Margin	19.52%	15.43%	17.26%	15.38%	18.63%	21.13%	22.13%	20.86%	20.28%	17.04%	Upgrade
Depreciation & Amortization	498	477	538	574	611	604	587	580	571	450	Upgrade
EBIT	1,300	1,156	1,270	729	1,117	1,541	1,526	1,299	1,386	1,173	Upgrade
EBIT Margin	14.12%	10.93%	12.12%	8.60%	12.05%	15.18%	15.98%	14.42%	14.37%	12.31%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).