OverviewSuggest Edit
Eastman is a specialty chemical company. It produces a range of advanced materials, additives and functional products, specialty chemicals, and fibers. It also offers coatings, adhesives, specialty polymers, inks, fibers, performance chemicals and intermediates, performance polymers, and specialty plastics.
| Type | Public | |
| Founded | 1920 | |
| HQ | Kingsport, TN, US | Map |
| Website | eastman.com | |
| Employee Ratings | More | |
| Overall Culture | A+ | More |
Recent NewsAll News
- Eastman announces project with USAMP and PADNOS for fully circular recycling study in automotive market
- Eastman expands its portfolio of sustainability offerings with Cristal™ One recyclable resins for cosmetics
- LVMH Perfumes & Cosmetics chooses Eastman Cristal™ Renew to begin elimination of virgin plastic
- Global Cheque Scanner Market Report 2021: Key Players are PANINI, Epson, Canon, Digital Check, ARCA, MagTek, NCR Corp, Eastman Kodak Co, RDM Corp, and Lagon
Key People/Management at Eastman
Mark Costa
Board Chair and CEO
Willie McLain
Senior Vice President & CFO Deutsche Bank Basic Materials Conference June 9, 2021
Mark K. Cox
Senior Vice President, Chief Manufacturing and Engineering Officer
Perry Stuckey
Senior Vice President and Chief Human Resources Officer
Stephen G. Crawford
Executive Vice President, Chief Technology & Sustainability Officer
Gregory A. Riddle
Vice President, Investor Relations & Corporate Communications
Eastman Office Locations
Eastman has offices in Kingsport, Anaheim, Chestertown, Courtland and in 53 other locations
Kingsport, TN, US (HQ)
200 S Wilcox Dr
Anaheim, CA, US
4110 E La Palma Ave
Chestertown, MD, US
10380 Worton Rd
Courtland, VA, US
27123 Shady Brook Trail
Fieldale, VA, US
4210 The Great Rd
Gaston, SC, US
500 K Ave
Eastman Financials and Metrics
Eastman Revenue
Eastman's revenue was reported to be $8.47 b in FY, 2020 which is a 8.6% decrease from the previous period.
| USD | |
|---|---|
Revenue (Q1, 2021) | 2.4b |
Gross profit (Q1, 2021) | 598.0m |
Gross profit margin (Q1, 2021), % | 24.8% |
Net income (Q1, 2021) | 277.0m |
Market capitalization (30-Jul-2021) | 15.4b |
Closing stock price (30-Jul-2021) | 112.7 |
Cash (31-Mar-2021) | 540.0m |
EV | 20.4b |
Eastman's current market capitalization is $15.4 b.
Annual
Annual
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|
Net Income | 209.0m | 468.0m | 735.0m | 260.0m | 290.0m | 446.0m | 277.0m |
Depreciation and Amortization | 155.0m | 311.0m | 462.0m | 139.0m | 280.0m | 429.0m | 149.0m |
Inventories | (122.0m) | (148.0m) | (122.0m) | (18.0m) | 221.0m | 316.0m | (144.0m) |
Accounts Payable | (42.0m) | (88.0m) | (183.0m) | (104.0m) | (343.0m) | (213.0m) | 197.0m |
| USD | FY, 2018 |
|---|---|
EV/CFO | 10.5 x |
Revenue/Employee | 700.1k |
Debt/Equity | 1 x |
Debt/Assets | 0.4 x |
Financial Leverage | 2.7 x |
P/E Ratio | 9.7 |
Eastman Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Commonwealth Laminating & Coating Inc | December 11, 2014 | $438 m |
| Taminco Corporation | September 11, 2014 | $2.8 b |
| Knowlton Technologies, LLC | August 06, 2014 | $42 m |
| BP - Aviation Turbine Oil Business | January 28, 2014 | |
| Solutia Inc. | July 02, 2012 | |
| TetraVitae Bioscience | November 08, 2011 | |
| Scandiflex do Brasil Ltda. | September 01, 2011 | |
| Dynaloy | August 03, 2011 | |
| Sterling Chemicals Inc | June 22, 2011 | $100 m |
| Genovique Specialties Corporation | March 17, 2010 | $160 m |
Eastman Revenue Breakdown
Eastman revenue breakdown by business segment: 24.7% from Chemical Intermediates, 29.8% from Advanced Materials, 35.7% from Additives & Functional Products and 9.9% from Fibers
Eastman revenue breakdown by geographic segment: 42.2% from United States and Canada, 5.7% from Latin America, 27.1% from Europe, Middle East, and Africa and 24.9% from Asia Pacific
Eastman Environment, Social & Governance (ESG) Ratings
Eastman Online and Social Media Presence
9.22k Twitter followers
Eastman has 9.22k Twitter Followers. The number of followers has increased 0.5% month over month and increased 0.5% quarter over quarter
Eastman's Trends
Twitter Engagement Stats for @EastmanChemCo
1.8k
Tweets
514
Following
9.2k
Followers
15
Tweets last 30 days
2.3
Avg. likes per Tweet
93.3%
Tweets with engagement
Eastman Company Culture
Overall Culture
A+
98/100
CEO Rating
A+
90/100
Compensation
A+
100/100
Eastman News and Updates
July 20, 2021
Eastman announces project with USAMP and PADNOS for fully circular recycling study in automotive market
New closed-loop technology will provide cost-effective solution to create new sustainable materials from automotive plastic waste KINGSPORT, Tenn., July 20, 2021 /PRNewswire/ -- Eastman (NYSE: EMN) today announced a collaboration with the United States Automotive Materials Partnership LLC...
June 22, 2021
Eastman expands its portfolio of sustainability offerings with Cristal™ One recyclable resins for cosmetics
KINGSPORT, Tenn., June 22, 2021 /PRNewswire/ -- Today, Eastman (NYSE: EMN) announces the launch of Eastman Cristal™ One, a portfolio of Resin Identification Code 1 (RIC1) resins engineered to meet the exacting demands of thick-walled packaging for luxury cosmetics. These innovative...
June 01, 2021
LVMH Perfumes & Cosmetics chooses Eastman Cristal™ Renew to begin elimination of virgin plastic
KINGSPORT, Tenn., June 1, 2021 /PRNewswire/ -- LVMH Perfumes & Cosmetics, a division of luxury powerhouse LVMH, today announces its collaboration with global specialty material provider Eastman (NYSE: EMN) to develop packaging made possible through Eastman's molecular recycling...
May 28, 2021
Global Cheque Scanner Market Report 2021: Key Players are PANINI, Epson, Canon, Digital Check, ARCA, MagTek, NCR Corp, Eastman Kodak Co, RDM Corp, and Lagon
DUBLIN, May 28, 2021 /PRNewswire/ -- The "Cheque Scanner Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Single-feed Cheque Scanners and Multi-feed Cheque Scanners) and Applications (Banks, Enterprises and Financial Institutions)" report has been added to...
May 25, 2021
Eastman expands capacity to produce Naia™ cellulosic yarn
BARCELONA, Spain, May 25, 2021 /PRNewswire/ -- To serve rapidly growing customer demand, global specialty materials provider Eastman (NYSE: EMN) is increasing its capacity to produce Naia™ filament yarn at its Barcelona, S.L., site by 30% by mid-2021 and more than 50% by the end of 2022....
May 18, 2021
Eastman launches Fluid Genius™ to optimize heat transfer system performance with predictive analytics
Maker of Therminol® and Marlotherm® heat transfer fluids leverages artificial intelligence to extend fluid life expectancy KINGSPORT, Tenn., May 18, 2021 /PRNewswire/ -- Global specialty materials provider Eastman (NYSE: EMN) introduces Fluid Genius, a revolutionary new patent-pending...
Eastman Blogs
July 07, 2021
Rider Shoe Display
Colorful vacuum-formed sheets with Eastman Spectar copolyesterWhoBrazilian design firm Plano Trion for shoe giant GrendeneWhatGrendene has enormous influence in the footwear market, producing 140 million pairs of shoes every year, spread across 20 locations in more than 85 countries. Working with Pl…
June 23, 2021
Replenish Reusable Bottle
Using Eastar copolyester for more sustainable home cleaning productsWhoJason Foster entrepreneur and founder of ReplenishWhatFoster worked in equity research on Wall Street for several years to better understand risk management. When he saw something missing in all of the bottles in the marketplace,…
June 09, 2021
Rapid Deployment Flood Wall
An expandable, stackable, modular wall with Eastman Spectar Clear copolyesterWhoGeocell Systems, Inc.WhatOver the years, the phrase “filling the gap” has been used to help explain a strategy that involves rapid support and strengthening in flood prevention. Geocell developed a series of modular sand…
May 26, 2021
POM Wonderful 48 oz Bottle
Incorporating an integral handle with Eastman Tritan copolyesterWhoHeather Lhotka, director of packaging for POM WonderfulWhatThe POM Wonderful image is tied into the ‘double-pomegranate’ single-serving container. As the company grew in popularity it wanted to expand its offerings to include a large…
May 12, 2021
Polar Pitcher
Durable, crystal clear, and dishwasher safe with Eastman Tritan copolyesterWhoPolar Plastech’s Polar PitcherWhatA pitcher of ice-cold draught beer represents something of a compromise. On the upside, it’s easier to consume than making a series of trips to the bar or calls on table staff. On the down…
April 28, 2021
Pocket Fragrance Sprays
Incorporating a chromium-plate finish with The Glass PolymerWhoFrench cosmetics brand Puig Prestige BeautéWhatPuig Prestige Beauté’s perfume pocket sprays, including, XS Ligne, Paco Rabanne pour Homme, UltraViolet, and Eau.NeedsPuig needed a versatile material with great impact resistance, molding f…
Eastman Frequently Asked Questions
When was Eastman founded?
Eastman was founded in 1920.
Who are Eastman key executives?
Eastman's key executives are Mark Costa, Willie McLain and Mark K. Cox.
How many employees does Eastman have?
Eastman has 14,500 employees.
What is Eastman revenue?
Latest Eastman annual revenue is $8.5 b.
What is Eastman revenue per employee?
Latest Eastman revenue per employee is $584.3 k.
Who are Eastman competitors?
Competitors of Eastman include Freudenberg North America, Freudenberg Sealing Technologies and Royal DSM.
Where is Eastman headquarters?
Eastman headquarters is located at 200 S Wilcox Dr, Kingsport.
Where are Eastman offices?
Eastman has offices in Kingsport, Anaheim, Chestertown, Courtland and in 53 other locations.
How many offices does Eastman have?
Eastman has 64 offices.
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