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Eastman Chemical (EMN)

(Delayed Data from NYSE)

$100.61 USD

100.61
468,845

+0.23 (0.23%)

Updated May 20, 2024 04:00 PM ET

After-Market: $100.60 -0.01 (-0.01%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value D Growth B Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 38% (155 out of 249)

Industry: Chemical - Diversified

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Balance Sheet

Research for EMN

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Eastman Chemical Company falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 548 493 459 564 204
Receivables 1,154 1,277 1,580 1,515 1,375
Notes Receivable 0 0 0 0 0
Inventories 1,683 1,894 1,504 1,379 1,662
Other Current Assets 96 114 1,103 83 80
Total Current Assets 3,481 3,778 4,646 3,541 3,321
Net Property & Equipment 5,548 5,160 4,996 5,549 5,571
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 4,784 4,874 5,003 6,257 6,442
Deposits & Other Assets 820 855 874 736 674
Total Assets 14,633 14,667 15,519 16,083 16,008
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 541 1,126 747 349 171
Accounts Payable 2,035 2,125 2,133 1,689 1,618
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 91 0 0
Total Current Liabilities 2,576 3,251 2,971 2,038 1,789
Mortgages 0 0 0 0 0
Deferred Taxes/Income 601 671 810 848 915
Convertible Debt 0 0 0 0 0
Long-Term Debt 4,305 4,025 4,412 5,269 5,611
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 1,621 1,484 1,538 1,820 1,661
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 9,103 9,431 9,731 9,975 9,976
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 2 2 2 2 2
Capital Surplus 2,368 2,315 2,187 2,174 2,105
Retained Earnings 9,490 8,973 8,557 8,080 7,965
Other Equity -247 -122 -98 -188 -140
Treasury Stock 6,083 5,932 4,860 3,960 3,900
Total Shareholder's Equity 5,530 5,236 5,788 6,108 6,032
Total Liabilities & Shareholder's Equity 14,633 14,667 15,519 16,083 16,008
Total Common Equity 5,530 5,236 5,788 6,108 6,032
Shares Outstanding 117.30 118.80 128.90 135.80 135.90
Book Value Per Share 47.14 44.07 44.90 44.98 44.39

Fiscal Year End for Eastman Chemical Company falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents 499 548 439 410 599
Receivables 1,274 1,154 1,149 1,205 1,337
Notes Receivable 0 0 0 0 0
Inventories 1,769 1,683 1,721 1,960 1,944
Other Current Assets 96 96 258 96 93
Total Current Assets 3,638 3,481 3,567 3,671 3,973
Net Property & Equipment 5,535 5,548 5,426 5,402 5,258
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 4,754 4,784 4,791 4,877 4,906
Deposits & Other Assets 821 820 810 821 846
Total Assets 14,748 14,633 14,594 14,771 14,983
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable 740 541 640 844 1,014
Accounts Payable 1,878 2,035 1,940 1,943 1,957
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 35 0 0
Total Current Liabilities 2,618 2,576 2,615 2,787 2,971
Mortgages 0 0 0 0 0
Deferred Taxes/Income 588 601 549 573 662
Convertible Debt 0 0 0 0 0
Long-Term Debt 4,340 4,305 4,580 4,593 4,636
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 1,594 1,426 1,466 1,452
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 9,140 9,103 9,170 9,419 9,721
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock 0 0 0 0 0
Common Stock (Par) 2 2 2 2 2
Capital Surplus 2,388 2,368 2,352 2,342 2,325
Retained Earnings 9,559 9,490 9,274 9,190 9,013
Other Equity -258 -247 -222 -200 -146
Treasury Stock 6,083 6,083 5,982 5,982 5,932
Total Shareholder's Equity 5,608 5,530 5,424 5,352 5,262
Total Liabilities & Shareholder's Equity 14,748 14,633 14,594 14,771 14,983
Total Common Equity 5,608 5,530 5,424 5,352 5,262
Shares Outstanding 117.60 117.30 118.50 118.50 119.10
Book Value Per Share 47.69 47.14 45.77 45.16 44.18