NYSE: EMN
Eastman Chemical Company
Basic Materials · Chemicals
Market Cap
$8.68B
52w High
$83.47
52w Low
$56.11
P/E
21.69
Volume
1.14M
Outstanding Shares
114.35M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 7.95% over the last year. Revenue declined 7.72% over the trailing twelve months. Operating margin moved from 15.12% to 9.35%. Free cash flow declined 13.39% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 9.35%. A decisive move in revenue — currently down 7.72% — would be the clearest signal to resolve the ambiguity.
Company profile
Eastman Chemical Company operates as a specialty materials company in the United States and internationally.
Valuation
Stock splits
Every 1 shares became 2
Profitability & growth
Analyst consensus
20
Buy
14
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 30, 2026
Q3 FY26 · EPS est $1.80 · Revenue est $2.41B
View
Dividends
$3.35/shareQuarterlyDividend Achiever · 18yrEx-div Jun 15, 2026 · in 19dAdequateEMN pays a dividend with a 4.41% declared yield, 18 consecutive years of growth, growing at 4.18% annually, covered 1.1× by free cash flow.
Declared Yield
4.41%
Annual Div / Share
$3.35
5yr CAGR
+4.18%
Doubles every ~16.9yr
Payout Ratio
95.49%
Adequate
Dividend Growth Rate
3yr CAGR
+2.29%
5yr CAGR
+4.18%
10yr CAGR
+6.53%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$4/mo
In 5 yrs
$5/mo
In 10 yrs
$6/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$44/yr $4/mo | $54/yr+23% $5/mo | $66/yr+51% $6/mo |
Yield-on-cost grows from 4.41% → 6.65% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
EMN has raised its dividend for 18 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Risks to Watch
High payout ratio
With 95.49% of earnings paid as dividends, there is limited retained earnings for reinvestment — and a dividend cut becomes more likely if earnings decline.