Eastman Chemical Company Statistics
Total Valuation
EMN has a market cap or net worth of $11.31 billion. The enterprise value is $15.59 billion.
| Market Cap | 11.31B |
| Enterprise Value | 15.59B |
Important Dates
The next confirmed earnings date is Thursday, April 25, 2024, after market close.
| Earnings Date | Apr 25, 2024 |
| Ex-Dividend Date | Mar 14, 2024 |
Share Statistics
EMN has 117.34 million shares outstanding. The number of shares has decreased by -1.19% in one year.
| Shares Outstanding | 117.34M |
| Shares Change (YoY) | -1.19% |
| Shares Change (QoQ) | +0.01% |
| Owned by Insiders (%) | 0.66% |
| Owned by Institutions (%) | 86.48% |
| Float | 116.37M |
Valuation Ratios
The trailing PE ratio is 12.85 and the forward PE ratio is 12.46. EMN's PEG ratio is 1.14.
| PE Ratio | 12.85 |
| Forward PE | 12.46 |
| PS Ratio | 1.23 |
| Forward PS | 1.19 |
| PB Ratio | 2.07 |
| P/FCF Ratio | 20.88 |
| PEG Ratio | 1.14 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.67, with an EV/FCF ratio of 28.82.
| EV / Earnings | 17.44 |
| EV / Sales | 1.69 |
| EV / EBITDA | 8.67 |
| EV / EBIT | 12.00 |
| EV / FCF | 28.82 |
Financial Position
The company has a current ratio of 1.35, with a Debt / Equity ratio of 0.89.
| Current Ratio | 1.35 |
| Quick Ratio | 0.66 |
| Debt / Equity | 0.89 |
| Debt / EBITDA | 2.70 |
| Debt / FCF | 8.96 |
| Interest Coverage | 6.05 |
Financial Efficiency
Return on equity (ROE) is 16.80% and return on invested capital (ROIC) is 8.13%.
| Return on Equity (ROE) | 16.80% |
| Return on Assets (ROA) | 6.10% |
| Return on Capital (ROIC) | 8.13% |
| Revenue Per Employee | $657,857 |
| Profits Per Employee | $63,857 |
| Employee Count | 14,000 |
| Asset Turnover | 0.63 |
| Inventory Turnover | 4.00 |
Taxes
In the past 12 months, EMN has paid $191.00 million in taxes.
| Income Tax | 191.00M |
| Effective Tax Rate | 17.60% |
Stock Price Statistics
The stock price has increased by +17.20% in the last 52 weeks. The beta is 1.56, so EMN's price volatility has been higher than the market average.
| Beta (1Y) | 1.56 |
| 52-Week Price Change | +17.20% |
| 50-Day Moving Average | 93.13 |
| 200-Day Moving Average | 84.85 |
| Relative Strength Index (RSI) | 49.25 |
| Average Volume (30 Days) | 1,130,861 |
Short Selling Information
The latest short interest is 2.18 million, so 1.86% of the outstanding shares have been sold short.
| Short Interest | 2.18M |
| Short Previous Month | 1.45M |
| Short % of Shares Out | 1.86% |
| Short % of Float | 1.88% |
| Short Ratio (days to cover) | 1.68 |
Income Statement
In the last 12 months, EMN had revenue of $9.21 billion and earned $894.00 million in profits. Earnings per share was $7.49.
| Revenue | 9.21B |
| Gross Profit | 2.06B |
| Operating Income | 1.02B |
| Pretax Income | 1.09B |
| Net Income | 894.00M |
| EBITDA | 1.80B |
| EBIT | 1.30B |
| Earnings Per Share (EPS) | $7.49 |
Balance Sheet
The company has $548.00 million in cash and $4.85 billion in debt, giving a net cash position of -$4.30 billion or -$36.63 per share.
| Cash & Cash Equivalents | 548.00M |
| Total Debt | 4.85B |
| Net Cash | -4.30B |
| Net Cash Per Share | -$36.63 |
| Equity / Book Value | 5.46B |
| Book Value Per Share | 46.51 |
| Working Capital | 905.00M |
Cash Flow
In the last 12 months, operating cash flow was $1.37 billion and capital expenditures -$833.00 million, giving a free cash flow of $541.00 million.
| Operating Cash Flow | 1.37B |
| Capital Expenditures | -833.00M |
| Free Cash Flow | 541.00M |
| FCF Per Share | $4.56 |
Margins
Gross margin is 22.38%, with operating and profit margins of 11.04% and 9.71%.
| Gross Margin | 22.38% |
| Operating Margin | 11.04% |
| Pretax Margin | 11.78% |
| Profit Margin | 9.71% |
| EBITDA Margin | 19.52% |
| EBIT Margin | 14.12% |
| FCF Margin | 5.87% |
Dividends & Yields
This stock pays an annual dividend of $3.24, which amounts to a dividend yield of 3.36%.
| Dividend Per Share | $3.24 |
| Dividend Yield | 3.36% |
| Dividend Growth (YoY) | 3.23% |
| Years of Dividend Growth | 14 |
| Payout Ratio | 43.26% |
| Buyback Yield | 1.19% |
| Shareholder Yield | 4.55% |
| Earnings Yield | 7.91% |
| FCF Yield | 4.79% |
Analyst Forecast
The average price target for EMN is $96.29, which is -0.07% lower than the current price. The consensus rating is "Buy".
| Price Target | $96.29 |
| Price Target Difference | -0.07% |
| Analyst Consensus | Buy |
| Analyst Count | 17 |
| Revenue Growth Forecast (5Y) | 1.60% |
| EPS Growth Forecast (5Y) | 10.86% |
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 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.65 |
| Piotroski F-Score | 7 |