Eastman Chemical Company Statistics
Total Valuation
EMN has a market cap or net worth of $11.43 billion. The enterprise value is $16.01 billion.
| Market Cap | 11.43B |
| Enterprise Value | 16.01B |
Important Dates
The next confirmed earnings date is Thursday, July 25, 2024, after market close.
| Earnings Date | Jul 25, 2024 |
| Ex-Dividend Date | Jun 17, 2024 |
Share Statistics
EMN has 117.60 million shares outstanding. The number of shares has decreased by -1.22% in one year.
| Shares Outstanding | 117.60M |
| Shares Change (YoY) | -1.22% |
| Shares Change (QoQ) | -1.03% |
| Owned by Insiders (%) | 0.66% |
| Owned by Institutions (%) | 88.23% |
| Float | 116.71M |
Valuation Ratios
The trailing PE ratio is 12.54 and the forward PE ratio is 11.72. EMN's PEG ratio is 1.14.
| PE Ratio | 12.54 |
| Forward PE | 11.72 |
| PS Ratio | 1.25 |
| Forward PS | 1.18 |
| PB Ratio | 2.06 |
| P/FCF Ratio | 22.10 |
| PEG Ratio | 1.14 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.89, with an EV/FCF ratio of 30.96.
| EV / Earnings | 17.30 |
| EV / Sales | 1.76 |
| EV / EBITDA | 8.89 |
| EV / EBIT | 12.15 |
| EV / FCF | 30.96 |
Financial Position
The company has a current ratio of 1.39, with a Debt / Equity ratio of 0.92.
| Current Ratio | 1.39 |
| Quick Ratio | 0.68 |
| Debt / Equity | 0.92 |
| Debt / EBITDA | 2.82 |
| Debt / FCF | 9.83 |
| Interest Coverage | 6.21 |
Financial Efficiency
Return on equity (ROE) is 17.10% and return on invested capital (ROIC) is 8.17%.
| Return on Equity (ROE) | 17.10% |
| Return on Assets (ROA) | 6.30% |
| Return on Capital (ROIC) | 8.17% |
| Revenue Per Employee | $650,571 |
| Profits Per Employee | $66,071 |
| Employee Count | 14,000 |
| Asset Turnover | 0.62 |
| Inventory Turnover | 3.79 |
Taxes
In the past 12 months, EMN has paid $180.00 million in taxes.
| Income Tax | 180.00M |
| Effective Tax Rate | 16.29% |
Stock Price Statistics
The stock price has increased by +9.96% in the last 52 weeks. The beta is 1.47, so EMN's price volatility has been higher than the market average.
| Beta (5Y) | 1.47 |
| 52-Week Price Change | +9.96% |
| 50-Day Moving Average | 99.28 |
| 200-Day Moving Average | 89.61 |
| Relative Strength Index (RSI) | 46.70 |
| Average Volume (20 Days) | 819,962 |
Short Selling Information
The latest short interest is 1.78 million, so 1.52% of the outstanding shares have been sold short.
| Short Interest | 1.78M |
| Short Previous Month | 1.78M |
| Short % of Shares Out | 1.52% |
| Short % of Float | 1.53% |
| Short Ratio (days to cover) | 1.85 |
Income Statement
In the last 12 months, EMN had revenue of $9.11 billion and earned $925.00 million in profits. Earnings per share was $7.75.
| Revenue | 9.11B |
| Gross Profit | 2.06B |
| Operating Income | 1.04B |
| Pretax Income | 1.11B |
| Net Income | 925.00M |
| EBITDA | 1.80B |
| EBIT | 1.32B |
| Earnings Per Share (EPS) | $7.75 |
Balance Sheet
The company has $499.00 million in cash and $5.08 billion in debt, giving a net cash position of -$4.58 billion or -$38.95 per share.
| Cash & Cash Equivalents | 499.00M |
| Total Debt | 5.08B |
| Net Cash | -4.58B |
| Net Cash Per Share | -$38.95 |
| Equity (Book Value) | 5.54B |
| Book Value Per Share | 47.09 |
| Working Capital | 1.02B |
Cash Flow
In the last 12 months, operating cash flow was $1.36 billion and capital expenditures -$843.00 million, giving a free cash flow of $517.00 million.
| Operating Cash Flow | 1.36B |
| Capital Expenditures | -843.00M |
| Free Cash Flow | 517.00M |
| FCF Per Share | $4.41 |
Margins
Gross margin is 22.66%, with operating and profit margins of 11.37% and 10.16%.
| Gross Margin | 22.66% |
| Operating Margin | 11.37% |
| Pretax Margin | 12.13% |
| Profit Margin | 10.16% |
| EBITDA Margin | 19.77% |
| EBIT Margin | 14.46% |
| FCF Margin | 5.68% |
Dividends & Yields
This stock pays an annual dividend of $3.24, which amounts to a dividend yield of 3.34%.
| Dividend Per Share | $3.24 |
| Dividend Yield | 3.34% |
| Dividend Growth (YoY) | 2.88% |
| Years of Dividend Growth | 14 |
| Payout Ratio | 41.81% |
| Buyback Yield | 1.22% |
| Shareholder Yield | 4.56% |
| Earnings Yield | 8.10% |
| FCF Yield | 4.53% |
Analyst Forecast
The average price target for EMN is $103.06, which is 6.08% higher than the current price. The consensus rating is "Buy".
| Price Target | $103.06 |
| Price Target Difference | 6.08% |
| Analyst Consensus | Buy |
| Analyst Count | 18 |
| Revenue Growth Forecast (5Y) | 1.87% |
| EPS Growth Forecast (5Y) | 8.61% |
Stock Splits
The last stock split was on October 4, 2011. It was a forward split with a ratio of 2:1.
| Last Split Date | Oct 4, 2011 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
EMN has an Altman Z-Score of 2.65 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.65 |
| Piotroski F-Score | 8 |