Eastman Chemical Company (EMN) quarterly income statement — complete revenue, gross profit & net income 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 |
|---|
| Sales/Revenue | 2.18B | 1.97B | 2.2B | 2.29B | 2.29B | 2.25B | 2.46B | 2.36B | 2.31B | 2.21B | 2.26B | 2.32B | 2.41B | 2.36B | 2.69B | 2.77B | 2.71B | 2.69B | 2.72B | 2.66B |
| Revenue Growth % | -4.93% | -12.12% | -10.63% | -3.22% | -0.87% | 1.81% | 8.83% | 1.77% | -4.03% | -6.61% | -15.87% | -16.29% | -11.15% | -12.26% | -1.07% | 4.36% | 12.22% | 22.93% | 28.18% | 38.58% |
| Cost of Goods Sold | 1.75B | 1.64B | 1.77B | 1.78B | 1.72B | 1.69B | 1.86B | 1.76B | 1.78B | 1.76B | 1.78B | 1.74B | 1.86B | 2B | 2.17B | 2.15B | 2.17B | 2.12B | 2.07B | 1.97B |
| COGS % of Revenue | 80.2% | 82.87% | 80.34% | 77.87% | 75.24% | 75.32% | 75.45% | 74.65% | 76.97% | 79.64% | 78.75% | 74.85% | 77.23% | 84.67% | 80.6% | 77.43% | 79.99% | 78.93% | 75.99% | 74% |
| Gross Profit | 431M | 338M | 433M | 506M | 567M | 554M | 605M | 599M | 532M | 449M | 481M | 584M | 548M | 362M | 522M | 626M | 542M | 567M | 653M | 691M |
| Gross Margin % | 19.8% | 17.13% | 19.66% | 22.13% | 24.76% | 24.68% | 24.55% | 25.35% | 23.03% | 20.36% | 21.25% | 25.15% | 22.77% | 15.33% | 19.4% | 22.57% | 20.01% | 21.07% | 24.01% | 26% |
| Gross Profit Growth % | -23.99% | -38.99% | -28.43% | -15.53% | 6.58% | 23.39% | 25.78% | 2.57% | -2.92% | 24.03% | -7.85% | -6.71% | 1.11% | -36.16% | -20.06% | -9.41% | -10.71% | 5.98% | 27.29% | 79.48% |
| Operating Expenses | 238M | 217M | 223M | 222M | 249M | 176M | 248M | 236M | 250M | 248M | 220M | 245M | 253M | 233M | 237M | 250M | 261M | 275M | 267M | 265M |
| OpEx % of Revenue | 10.93% | 11% | 10.13% | 9.71% | 10.87% | 7.84% | 10.06% | 9.99% | 10.82% | 11.25% | 9.72% | 10.55% | 10.51% | 9.87% | 8.81% | 9.01% | 9.63% | 10.22% | 9.82% | 9.97% |
| Selling, General & Admin | 178M | 159M | 160M | 155M | 182M | 110M | 183M | 176M | 191M | 191M | 160M | 185M | 191M | 169M | 169M | 183M | 196M | 208M | 201M | 202M |
| SG&A % of Revenue | 8.18% | 8.06% | 7.27% | 6.78% | 7.95% | 4.9% | 7.43% | 7.45% | 8.27% | 8.66% | 7.07% | 7.97% | 7.94% | 7.16% | 6.28% | 6.6% | 7.24% | 7.73% | 7.39% | 7.6% |
| Research & Development | 60M | 58M | 63M | 67M | 67M | 66M | 65M | 60M | 59M | 57M | 60M | 60M | 62M | 64M | 68M | 67M | 65M | 67M | 66M | 63M |
| R&D % of Revenue | 2.76% | 2.94% | 2.86% | 2.93% | 2.93% | 2.94% | 2.64% | 2.54% | 2.55% | 2.58% | 2.65% | 2.58% | 2.58% | 2.71% | 2.53% | 2.42% | 2.4% | 2.49% | 2.43% | 2.37% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 193M | 121M | 210M | 284M | 318M | 378M | 357M | 363M | 282M | 201M | 261M | 339M | 295M | 129M | 285M | 376M | 281M | 292M | 386M | 426M |
| Operating Margin % | 8.87% | 6.13% | 9.54% | 12.42% | 13.89% | 16.84% | 14.49% | 15.36% | 12.21% | 9.12% | 11.53% | 14.6% | 12.26% | 5.46% | 10.59% | 13.55% | 10.37% | 10.85% | 14.19% | 16.03% |
| Operating Income Growth % | -39.31% | -67.99% | -41.18% | -21.76% | 12.77% | 88.06% | 36.78% | 7.08% | -4.41% | 55.81% | -8.42% | -9.84% | 4.98% | -55.82% | -26.17% | -11.74% | -23.01% | -3.95% | 32.19% | 139.33% |
| EBITDA | 193M | 252M | 339M | 411M | 444M | 507M | 484M | 489M | 409M | 319M | 381M | 458M | 436M | 246M | 402M | 498M | 402M | 414M | 513M | 566M |
| EBITDA Margin % | 8.87% | 12.77% | 15.4% | 17.97% | 19.39% | 22.58% | 19.64% | 20.69% | 17.71% | 14.47% | 16.83% | 19.72% | 18.11% | 10.42% | 14.94% | 17.95% | 14.84% | 15.38% | 18.86% | 21.29% |
| EBITDA Growth % | -56.53% | -50.3% | -29.96% | -15.95% | 8.56% | 58.93% | 27.03% | 6.77% | -6.19% | 29.67% | -5.22% | -8.03% | 8.46% | -40.58% | -21.64% | -12.01% | -21.79% | -7.8% | 16.33% | 77.43% |
| D&A (Non-Cash Add-back) | 0 | 131M | 129M | 127M | 126M | 129M | 127M | 126M | 127M | 118M | 120M | 119M | 141M | 117M | 117M | 122M | 121M | 122M | 127M | 140M |
| EBIT | 0 | 64M | 190M | 225M | 306M | 353M | 333M | 341M | 267M | 478M | 258M | 325M | 249M | 78M | 326M | 417M | 331M | 576M | 369M | -59M |
| Net Interest Income | 0 | -52M | -54M | -53M | -49M | -52M | -49M | -50M | -49M | -52M | -57M | -54M | -52M | -48M | -43M | -45M | -46M | -48M | -49M | -51M |
| Interest Income | 0 | 0 | 2M | 3M | 4M | 4M | 4M | 4M | 4M | 2M | 2M | 3M | 3M | 3M | 2M | 0 | 1M | 1M | 1M | 0 |
| Interest Expense | 52M | 52M | 56M | 56M | 53M | 56M | 53M | 54M | 53M | 54M | 59M | 57M | 55M | 51M | 45M | 45M | 47M | 49M | 50M | 51M |
| Other Income/Expense | -57M | -109M | -76M | -115M | -65M | -81M | -77M | -76M | -68M | 224M | -62M | -70M | -101M | -101M | -4M | 5M | 6M | 237M | -65M | -533M |
| Pretax Income | 136M | 12M | 134M | 169M | 253M | 297M | 280M | 287M | 214M | 425M | 199M | 269M | 194M | 28M | 281M | 381M | 287M | 529M | 321M | -107M |
| Pretax Margin % | 6.25% | 0.61% | 6.09% | 7.39% | 11.05% | 13.23% | 11.36% | 12.15% | 9.26% | 19.27% | 8.79% | 11.58% | 8.06% | 1.19% | 10.44% | 13.73% | 10.59% | 19.66% | 11.8% | -4.03% |
| Income Tax | 29M | -93M | 87M | 29M | 70M | -34M | 99M | 56M | 49M | 114M | 20M | -3M | 60M | 26M | -20M | 124M | 51M | 149M | -33M | 37M |
| Effective Tax Rate % | 21.32% | -775% | 64.93% | 17.16% | 27.67% | -11.45% | 35.36% | 19.51% | 22.9% | 26.82% | 10.05% | -1.12% | 30.93% | 92.86% | -7.12% | 32.55% | 17.77% | 28.17% | -10.28% | -34.58% |
| Net Income | 107M | 105M | 47M | 140M | 182M | 330M | 180M | 230M | 165M | 310M | 178M | 272M | 134M | 1M | 301M | 256M | 235M | 378M | 351M | -146M |
| Net Margin % | 4.92% | 5.32% | 2.13% | 6.12% | 7.95% | 14.7% | 7.31% | 9.73% | 7.14% | 14.06% | 7.86% | 11.71% | 5.57% | 0.04% | 11.19% | 9.23% | 8.67% | 14.05% | 12.9% | -5.49% |
| Net Income Growth % | -41.21% | -68.18% | -73.89% | -39.13% | 10.3% | 6.45% | 1.12% | -15.44% | 23.13% | 30900% | -40.86% | 6.25% | -42.98% | -99.74% | -14.24% | 275.34% | -14.23% | 1081.25% | 118.01% | -640.74% |
| Net Income (Continuing) | 107M | 105M | 47M | 140M | 183M | 331M | 181M | 231M | 165M | 311M | 179M | 272M | 134M | 2M | 301M | 257M | 236M | 380M | 354M | -144M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 77M | 76M | 72M | 71M | 73M | 73M | 74M | 72M | 70M | 72M | 72M | 71M | 74M | 83M | 83M | 84M | 84M | 84M | 87M | 84M |
| EPS (Diluted) | 0.93 | 0.92 | 0.41 | 1.20 | 1.57 | 2.82 | 1.53 | 1.94 | 1.39 | 2.61 | 1.49 | 2.27 | 1.12 | 0.01 | 2.46 | 2.03 | 1.80 | 2.81 | 2.57 | -1.07 |
| EPS Growth % | -40.76% | -67.38% | -73.2% | -38.14% | 12.95% | 8.05% | 2.68% | -14.54% | 24.11% | - | -39.43% | 11.82% | -37.78% | -99.7% | -4.28% | 289.72% | -9.55% | 1121.74% | 117.8% | -635% |
| EPS (Basic) | 0.93 | 0.92 | 0.41 | 1.22 | 1.58 | 2.85 | 1.55 | 1.96 | 1.40 | 2.63 | 1.50 | 2.28 | 1.13 | 0.01 | 2.49 | 2.05 | 1.82 | 2.85 | 2.60 | -1.07 |
| Diluted Shares Outstanding | 0 | 114.9M | 115.4M | 116.2M | 117.9M | 117.9M | 117.8M | 118.6M | 118.2M | 118.7M | 119M | 119.6M | 119.7M | 120.5M | 122.3M | 126.4M | 130.7M | 134.6M | 137M | 135.9M |
| Basic Shares Outstanding | 0 | 114M | 114.4M | 115M | 116.7M | 116.7M | 116.4M | 117.3M | 117.4M | 118M | 118.5M | 118.8M | 118.9M | 119.5M | 121M | 124.8M | 129M | 132.5M | 135.3M | 135.9M |
| Dividend Payout Ratio | - | 89.52% | 204.26% | 67.86% | 52.75% | 28.48% | 52.78% | 41.3% | 57.58% | 30.32% | 52.81% | 34.56% | 70.15% | 9100% | 31.23% | 38.28% | 41.7% | 24.6% | 26.78% | - |