Eastman Chemical Company (EMN) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -137M | 502M | 402M | 233M | -167M | 540M | 396M | 367M | -16M | 452M | 514M | 410M | -2M | 457M | 256M | 245M | 17M | 430M | 547M | 426M |
| Operating CF Margin % | -6.29% | 25.44% | 18.26% | 10.19% | -7.29% | 24.05% | 16.07% | 15.53% | -0.69% | 20.5% | 22.7% | 17.66% | -0.08% | 19.36% | 9.51% | 8.83% | 0.63% | 15.98% | 20.11% | 16.03% |
| Operating CF Growth % | 17.96% | -7.04% | 1.52% | -36.51% | -943.75% | 19.47% | -22.96% | -10.49% | -700% | -1.09% | 100.78% | 67.35% | -111.76% | 6.28% | -53.2% | -42.49% | -92.13% | 5.91% | 23.76% | -2.29% |
| Net Income | 107M | 105M | 47M | 140M | 183M | 331M | 181M | 231M | 165M | 311M | 179M | 272M | 134M | 2M | 301M | 257M | 236M | 380M | 354M | -144M |
| Depreciation & Amortization | 131M | 131M | 129M | 127M | 126M | 129M | 127M | 126M | 127M | 118M | 120M | 119M | 141M | 117M | 117M | 122M | 121M | 122M | 127M | 140M |
| Stock-Based Compensation | -49M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | -5M | 102M | 87M | -45M | -3M | 24M | -39M | -20M | -17M | 54M | -63M | -86M | -7M | -82M | 27M | -57M | -24M | 28M | -38M | -30M |
| Other Non-Cash Items | -321M | 27M | 0 | 0 | -123M | -11M | 59M | 48M | -97M | -243M | 14M | 55M | -35M | 52M | -16M | 3M | -214M | -229M | 97M | 542M |
| Working Capital Changes | 0 | 137M | 139M | 11M | -350M | 67M | 68M | -18M | -194M | 212M | 264M | 50M | -235M | 368M | -173M | -80M | -102M | 129M | 7M | -82M |
| Change in Receivables | -222M | 192M | 52M | -91M | -92M | 182M | -16M | -33M | -105M | 58M | 35M | 124M | -91M | 204M | 52M | -36M | -127M | 158M | -78M | -150M |
| Change in Inventory | -119M | -49M | 204M | -11M | -120M | -122M | 16M | -138M | -100M | 54M | 220M | -29M | -44M | 119M | -177M | -188M | -184M | -20M | -155M | -70M |
| Change in Payables | 0 | 199M | -120M | -83M | -72M | 152M | -53M | 40M | 49M | 173M | -73M | -158M | -132M | -127M | 8M | 27M | 152M | 177M | 71M | 109M |
| Cash from Investing | -104M | -47M | -137M | -147M | -131M | -132M | -102M | -121M | -179M | 248M | -182M | -246M | -252M | -206M | -158M | 873M | -117M | 418M | -170M | -178M |
| Capital Expenditures | -103M | -112M | -137M | -150M | -147M | -179M | -120M | -115M | -185M | -179M | -236M | -239M | -174M | -203M | -161M | -135M | -112M | -240M | -117M | -107M |
| CapEx % of Revenue | 4.73% | 5.68% | 6.22% | 6.56% | 6.42% | 7.97% | 4.87% | 4.87% | 8.01% | 8.12% | 10.42% | 10.29% | 7.23% | 8.6% | 5.98% | 4.87% | 4.13% | 8.92% | 4.3% | 4.03% |
| Acquisitions | 0 | 38M | 0 | 0 | 0 | 38M | 0 | 0 | 0 | 415M | 24M | -3M | -57M | 0 | 0 | 997M | 0 | 664M | -48M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -1M | 27M | 0 | 3M | 16M | 9M | 18M | -6M | 6M | 12M | 30M | -4M | -21M | -3M | 3M | 11M | -5M | -6M | -5M | -71M |
| Cash from Financing | 341M | -382M | -201M | -90M | -124M | -181M | -194M | -227M | 148M | -593M | -299M | -353M | 357M | -223M | -88M | -1.14B | 129M | -1.11B | -269M | -178M |
| Debt Issued (Net) | 0 | -290M | -54M | 59M | -19M | 0 | -3M | -43M | 244M | -399M | -204M | -205M | 470M | -29M | 155M | -286M | 236M | -300M | -25M | 0 |
| Equity Issued (Net) | 0 | 0 | -50M | -50M | 0 | -100M | -100M | -100M | 0 | -100M | 0 | 0 | 0 | -100M | -150M | -752M | 0 | -710M | -150M | -100M |
| Dividends Paid | -96M | -94M | -96M | -95M | -96M | -94M | -95M | -95M | -95M | -94M | -94M | -94M | -94M | -91M | -94M | -98M | -98M | -93M | -94M | -94M |
| Share Repurchases | 0 | 0 | -50M | -50M | 0 | -100M | -100M | -100M | 0 | -100M | 0 | 0 | 0 | -100M | -150M | -752M | 0 | -710M | -150M | -100M |
| Other Financing | 437M | 2M | -1M | -4M | -9M | 13M | 4M | 11M | -1M | 0 | -1M | -54M | -19M | -3M | 1M | -3M | -9M | -3M | 0 | 16M |
| Net Change in Cash | 99M | -489M | 66M | 5M | -419M | 215M | 108M | 15M | -49M | 109M | 29M | -189M | 106M | 32M | 5M | -31M | 28M | -258M | 108M | 69M |
| Free Cash Flow | -240M | 390M | 265M | 83M | -314M | 365M | 275M | 249M | -201M | 272M | 278M | 169M | -178M | 251M | 92M | 106M | -98M | 185M | 424M | 313M |
| FCF Margin % | -11.02% | 19.77% | 12.03% | 3.63% | -13.71% | 16.26% | 11.16% | 10.54% | -8.7% | 12.34% | 12.28% | 7.28% | -7.4% | 10.63% | 3.42% | 3.82% | -3.62% | 6.87% | 15.59% | 11.78% |
| FCF Growth % | 23.57% | 6.85% | -3.64% | -66.67% | -56.22% | 34.19% | -1.08% | 47.34% | -12.92% | 8.37% | 202.17% | 59.43% | -81.63% | 35.68% | -78.3% | -66.13% | -182.35% | -38.54% | 16.48% | -7.12% |
| FCF per Share | - | 3.39 | 2.30 | 0.71 | -2.66 | 3.10 | 2.33 | 2.10 | -1.70 | 2.29 | 2.34 | 1.41 | -1.49 | 2.08 | 0.75 | 0.84 | -0.75 | 1.37 | 3.09 | 2.30 |
| FCF Conversion (FCF/Net Income) | -1.28x | 4.78x | 8.55x | 1.66x | -0.92x | 1.64x | 2.20x | 1.60x | -0.10x | 1.46x | 2.89x | 1.51x | -0.01x | 457.00x | 0.85x | 0.96x | 0.07x | 1.14x | 1.56x | -2.92x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |