Eastman Chemical Company Statistics
Total Valuation
EMN has a market cap or net worth of $12.43 billion. The enterprise value is $17.10 billion.
| Market Cap | 12.43B |
| Enterprise Value | 17.10B |
Important Dates
The next estimated earnings date is Thursday, October 24, 2024, after market close.
| Earnings Date | Oct 24, 2024 |
| Ex-Dividend Date | Sep 16, 2024 |
Share Statistics
EMN has 116.81 million shares outstanding. The number of shares has decreased by -1.29% in one year.
| Shares Outstanding | 116.81M |
| Shares Change (YoY) | -1.29% |
| Shares Change (QoQ) | +0.34% |
| Owned by Insiders (%) | 0.67% |
| Owned by Institutions (%) | 87.86% |
| Float | 115.90M |
Valuation Ratios
The trailing PE ratio is 14.31 and the forward PE ratio is 12.75. EMN's PEG ratio is 0.74.
| PE Ratio | 14.31 |
| Forward PE | 12.75 |
| PS Ratio | 1.37 |
| Forward PS | 1.27 |
| PB Ratio | 2.21 |
| P/FCF Ratio | 20.64 |
| PEG Ratio | 0.74 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 10.87, with an EV/FCF ratio of 28.41.
| EV / Earnings | 19.37 |
| EV / Sales | 1.87 |
| EV / EBITDA | 10.87 |
| EV / EBIT | 15.79 |
| EV / FCF | 28.41 |
Financial Position
The company has a current ratio of 1.40, with a Debt / Equity ratio of 0.90.
| Current Ratio | 1.40 |
| Quick Ratio | 0.68 |
| Debt / Equity | 0.90 |
| Debt / EBITDA | 3.06 |
| Debt / FCF | 8.53 |
| Interest Coverage | 4.92 |
Financial Efficiency
Return on equity (ROE) is 16.03% and return on invested capital (ROIC) is 6.24%.
| Return on Equity (ROE) | 16.03% |
| Return on Assets (ROA) | 4.56% |
| Return on Capital (ROIC) | 6.24% |
| Revenue Per Employee | $653,357 |
| Profits Per Employee | $63,071 |
| Employee Count | 14,000 |
| Asset Turnover | 0.62 |
| Inventory Turnover | 3.66 |
Taxes
In the past 12 months, EMN has paid $239.00 million in taxes.
| Income Tax | 239.00M |
| Effective Tax Rate | 21.24% |
Stock Price Statistics
The stock price has increased by +35.60% in the last 52 weeks. The beta is 1.45, so EMN's price volatility has been higher than the market average.
| Beta (5Y) | 1.45 |
| 52-Week Price Change | +35.60% |
| 50-Day Moving Average | 98.97 |
| 200-Day Moving Average | 94.42 |
| Relative Strength Index (RSI) | 69.99 |
| Average Volume (20 Days) | 800,585 |
Short Selling Information
The latest short interest is 1.72 million, so 1.48% of the outstanding shares have been sold short.
| Short Interest | 1.72M |
| Short Previous Month | 2.18M |
| Short % of Shares Out | 1.48% |
| Short % of Float | 1.49% |
| Short Ratio (days to cover) | 2.15 |
Income Statement
In the last 12 months, EMN had revenue of $9.15 billion and earned $883.00 million in profits. Earnings per share was $7.43.
| Revenue | 9.15B |
| Gross Profit | 2.08B |
| Operating Income | 1.08B |
| Pretax Income | 1.12B |
| Net Income | 883.00M |
| EBITDA | 1.57B |
| EBIT | 1.08B |
| Earnings Per Share (EPS) | $7.43 |
Balance Sheet
The company has $530.00 million in cash and $5.14 billion in debt, giving a net cash position of -$4.61 billion or -$39.43 per share.
| Cash & Cash Equivalents | 530.00M |
| Total Debt | 5.14B |
| Net Cash | -4.61B |
| Net Cash Per Share | -$39.43 |
| Equity (Book Value) | 5.70B |
| Book Value Per Share | 48.17 |
| Working Capital | 1.10B |
Cash Flow
In the last 12 months, operating cash flow was $1.32 billion and capital expenditures -$715.00 million, giving a free cash flow of $602.00 million.
| Operating Cash Flow | 1.32B |
| Capital Expenditures | -715.00M |
| Free Cash Flow | 602.00M |
| FCF Per Share | $5.15 |
Margins
Gross margin is 22.73%, with operating and profit margins of 11.84% and 9.65%.
| Gross Margin | 22.73% |
| Operating Margin | 11.84% |
| Pretax Margin | 12.30% |
| Profit Margin | 9.65% |
| EBITDA Margin | 17.21% |
| EBIT Margin | 11.84% |
| FCF Margin | 6.54% |
Dividends & Yields
This stock pays an annual dividend of $3.24, which amounts to a dividend yield of 3.05%.
| Dividend Per Share | $3.24 |
| Dividend Yield | 3.05% |
| Dividend Growth (YoY) | 2.53% |
| Years of Dividend Growth | 14 |
| Payout Ratio | 43.59% |
| Buyback Yield | 1.29% |
| Shareholder Yield | 4.33% |
| Earnings Yield | 7.11% |
| FCF Yield | 4.84% |
Analyst Forecast
The average price target for EMN is $104.65, which is -1.63% lower than the current price. The consensus rating is "Buy".
| Price Target | $104.65 |
| Price Target Difference | -1.63% |
| Analyst Consensus | Buy |
| Analyst Count | 17 |
| 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 2.52 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.52 |
| Piotroski F-Score | 7 |