Company Quick10K Filing
Eastman Chemical
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 140 $10,762
10-Q 2019-11-01 Quarter: 2019-09-30
10-Q 2019-08-06 Quarter: 2019-06-30
10-Q 2019-05-03 Quarter: 2019-03-31
10-K 2019-02-27 Annual: 2018-12-31
10-Q 2018-10-29 Quarter: 2018-09-30
10-Q 2018-08-03 Quarter: 2018-06-30
10-Q 2018-05-07 Quarter: 2018-03-31
10-K 2018-03-01 Annual: 2017-12-31
10-Q 2017-11-02 Quarter: 2017-09-30
10-Q 2017-08-04 Quarter: 2017-06-30
10-Q 2017-05-05 Quarter: 2017-03-31
10-K 2017-02-27 Annual: 2016-12-31
10-Q 2016-11-04 Quarter: 2016-09-30
10-Q 2016-08-03 Quarter: 2016-06-30
10-Q 2016-05-05 Quarter: 2016-03-31
10-K 2016-02-25 Annual: 2015-12-31
10-Q 2015-11-03 Quarter: 2015-09-30
10-Q 2015-07-30 Quarter: 2015-06-30
10-Q 2015-05-05 Quarter: 2015-03-31
10-K 2015-02-27 Annual: 2014-12-31
10-Q 2014-11-04 Quarter: 2014-09-30
10-Q 2014-07-30 Quarter: 2014-06-30
10-Q 2014-04-29 Quarter: 2014-03-31
10-K 2014-02-28 Annual: 2013-12-31
10-Q 2013-10-28 Quarter: 2013-09-30
10-Q 2013-08-05 Quarter: 2013-06-30
10-Q 2013-04-30 Quarter: 2013-03-31
10-K 2013-02-28 Annual: 2012-12-31
10-Q 2012-10-31 Quarter: 2012-09-30
10-Q 2012-08-02 Quarter: 2012-06-30
10-Q 2012-05-10 Quarter: 2012-03-31
10-K 2012-02-22 Annual: 2011-12-31
10-Q 2011-11-01 Quarter: 2011-09-30
10-Q 2011-08-02 Quarter: 2011-06-30
10-Q 2011-05-03 Quarter: 2011-03-31
10-K 2011-02-23 Annual: 2010-12-31
10-Q 2010-11-01 Quarter: 2010-09-30
10-Q 2010-08-03 Quarter: 2010-06-30
10-Q 2010-04-26 Quarter: 2010-03-31
10-K 2010-02-24 Annual: 2009-12-31
8-K 2019-12-04 Officers, Officers, Exhibits
8-K 2019-11-16 Officers, Exhibits
8-K 2019-10-24 Earnings, Exhibits
8-K 2019-07-25 Officers, Exhibits
8-K 2019-07-25 Earnings, Exhibits
8-K 2019-05-02 Shareholder Vote
8-K 2019-04-25 Earnings, Exhibits
8-K 2019-01-31 Earnings, Exhibits
8-K 2018-12-05 Officers
8-K 2018-11-06 Enter Agreement, Off-BS Arrangement, Other Events, Exhibits
8-K 2018-11-05 Other Events, Exhibits
8-K 2018-10-30 Other Events, Exhibits
8-K 2018-10-30 Other Events, Exhibits
8-K 2018-10-25 Earnings, Exhibits
8-K 2018-07-26 Earnings, Exhibits
8-K 2018-07-01 Officers
8-K 2018-05-03 Shareholder Vote
8-K 2018-04-26 Earnings, Exhibits
8-K 2018-02-15 Officers
8-K 2018-02-01 Earnings, Exhibits

Eastman Chemical Financials

EMN Metrics, Comps, Filings

Annual | Quarterly

Business

PageCorporate Overview6Business Strategy7Financial Strategy8Business Segments8Additives & Functional Products Segment8Advanced Materials Segment11Chemical Intermediates Segment13Fibers Segment15Eastman Chemical Company General Information18

Eastman Chemical Company ("Eastman" or the "Company") is a global advanced materials and specialty additives company that produces a broad range of products found in items people use every day. Eastman began business in 1920 for the purpose of producing chemicals for Eastman Kodak Company's photographic business and became a public company, incorporated in Delaware, on December 31, 1993. Eastman has 48 manufacturing facilities and equity interests in three manufacturing joint ventures in 14 countries that supply products to customers throughout the world. The Company's headquarters and largest manufacturing facility are located in Kingsport, Tennessee. With a robust portfolio of specialty businesses, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. Eastman's businesses are managed and reported in four operating segments: Additives & Functional Products, Advanced Materials, Chemical Intermediates, and Fibers. See "Business Segments".

In the first years as a stand-alone company, Eastman was diversified between commodity and more specialty chemical businesses. Beginning in 2004, the Company refocused its strategy and changed its businesses and portfolio of products, first by the divestiture and discontinuance of under-performing assets and commodity businesses and initiatives (including divestiture in 2004 of resins, inks, and monomers product lines, divestiture in 2006 of the polyethylene business, and divestiture from 2007 to 2010 of the polyethylene terephthalate assets and business). The Company then pursued growth through the development and acquisition of more specialty businesses and product lines by inorganic acquisition and integration (including the acquisition of Solutia, Inc. ("Solutia"), a global leader in performance materials and specialty chemicals, in 2012, and Taminco Corporation, a global specialty chemical company, in 2014) and organic development and commercialization of new and enhanced technologies and products.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
International Flavors & Fragrances (IFF) 16,398 41% 23.0 3% 13,348 7,023 4,716 1,956 361 891 20,456
Celanese (CE) 13,378 27% 9.6 11% 9,506 6,252 6,739 1,812 1,049 1,718 16,536
FMC (FMC) 10,857 45% 16.9 5% 9,824 7,061 4,653 2,083 503 787 13,305
Eastman Chemical (EMN) 10,762 24% 9.4 6% 16,256 10,310 9,666 2,357 915 1,724 16,200
Westlake Chemical (WLK) 8,701 18% 6.7 5% 12,216 5,957 8,419 1,532 660 1,640 10,985
Albemarle (ALB) 7,392 35% 9.7 7% 8,094 4,294 3,417 1,210 600 914 8,883
Hexcel (HXL) 6,722 27% 16.5 7% 3,195 1,753 2,320 629 219 473 7,792
Sealed Air (SEE) 6,537 32% 13.4 7% 5,216 5,558 4,720 1,508 370 718 9,606
Versum Materials (VSM) 5,704 42% 20.8 6% 1,459 1,255 1,341 569 86 309 6,416
WR Grace (GRA) 5,061 40% 16.0 5% 3,726 3,339 1,998 796 186 430 6,861
NewMarket (NEU) 4,509 28% 11.9 15% 1,767 1,178 2,202 606 258 429 5,114
Huntsman (HUN) 4,457 20% 14.9 -1% 8,896 6,220 8,908 1,761 -74 470 6,986
Chemours (CC) 4,249 25% 6.6 8% 7,433 6,604 5,876 1,496 607 1,184 7,868
Ingevity (NGVT) 4,073 37% 19.1 8% 2,130 1,729 1,219 448 173 283 5,412
Valvoline (VVV) 3,610 34% 17.0 11% 2,000 2,252 2,355 796 226 284 4,814
Olin (OLN) 3,566 15% 5.7 3% 9,235 6,464 6,654 1,010 270 1,212 6,855
Balchem (BCPC) 3,264 32% 21.4 7% 1,098 366 637 202 78 150 3,223
Sensient Technologies (SXT) 3,037 0% 14.8 8% 1,825 928 1,359 0 147 247 3,664
Rogers (ROG) 2,945 35% 16.8 7% 1,307 410 932 329 97 177 2,968
Platform Specialty Products (PAH) 2,714 43% -10.7 -9% 4,440 2,209 1,883 803 -395 -377 4,040

Balance Sheet ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash516577249237214293181191226
Accounts Receivable5456328468809367928121,0261,154
Inventory6197791,2601,2641,5091,4791,4041,5091,583
PP&E3,2193,1074,1819,9585,0875,1305,2765,6075,600
Assets5,9866,18411,61911,84516,07215,61115,45715,99915,995
Accounts Payable529723762827699704842914
Long-Term Debt1,5981,6564,7834,2547,2486,6086,3116,1475,925
Liabilities4,3594,3148,5917,97012,48211,59010,84910,51910,117
Stockholders' Equity1,6271,8702,9433,7963,5103,9414,5325,4035,803
Income Statement ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue5,8427,1788,1029,3509,5279,6489,0089,54910,151
Cost of Revenue4,3685,5386,3406,5747,3067,0686,6587,0957,672
Gross Profit1,4741,6401,7622,7762,2212,5802,3502,4542,479
R&D152158198193227251219215235
SG&A431469644645755762703699721
Tax211307206507152124120-99226
Net Income4386964441,1727578548591,3881,084
Cash Flow ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating5756251,1281,2971,4081,6121,3851,6571,543
Cash Investing-442-142-2,962-457-4,091-693-655-643-463
Cash Financing-411-4231,504-8592,664-832-838-1,006-1,040