Craft

Eastman

Stock Price

$96.1

2024-07-10

Market Capitalization

$11.3 B

2024-07-10

Revenue

$9.2 B

FY, 2023

Eastman Summary

Company Summary

Overview
Eastman Chemical is a specialty materials company specializing in chemical processes and polymer science. It operates in four segments: Advanced Materials (AM), Additives and Functional Products (AFP), Chemical Intermediates (CI), and Fibers. The AM segment produces and markets polymers, films, and plastics. The AFP segment manufactures care and coating additives, animal nutrition products, and specialty fluids. The CI segment is responsible for the production of functional amines, intermediates, and plasticizers. The Fibers segment manufactures and sells acetate tow and triacetin plasticizers, acetate yarn and fiber, acetyl chemical products, and nonwovens. The company caters to the transportation, building and construction, consumables, consumer durables, industrial and chemical processing, food, feed and agriculture, and health and wellness industries.
Type
Public
Status
Active
Founded
1920
HQ
Kingsport, TN, US | view all locations
Website
https://www.eastman.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Mark J. Costa

    Mark J. Costa, Chairman and Chief Executive Officer

  • Stephen G. Crawford

    Stephen G. Crawford, Executive Vice President, Manufacturing and Chief Sustainability Officer

  • Brad A. Lich

    Brad A. Lich, Executive Vice President and Chief Commercial Officer

  • William T. McLain, Jr

    William T. McLain, Jr, Executive Vice President and Chief Financial Officer

    Operating MetricsView all

    Manufacturing Facilities (Additives & Functional Products)

    15
    31.8%

    FY, 2022

    Manufacturing Facilities (Advanced Materials)

    17
    13.3%

    FY, 2022

    Manufacturing Facilities (Chemical Intermediates)

    13

    FY, 2022

    LocationsView all

    56 locations detected

    • Kingsport, TN HQ

      United States

      200 S Wilcox Dr

    • Anaheim, CA

      United States

      4110 E La Palma Ave

    • Anniston, AL

      United States

      702 Clydesdale Ave

    • Chestertown, MD

      United States

      10380 Worton Rd

    • Fieldale, VA

      United States

      4210 The Great Rd

    • Gaston, SC

      United States

      500 K Ave

    and 50 others

    Eastman Financials

    Summary Financials

    Revenue (Q1, 2024)
    $2.3B
    Gross profit (Q1, 2024)
    $532.0M
    Net income (Q1, 2024)
    $165.0M
    Cash (Q1, 2024)
    $499.0M
    EBIT (Q1, 2024)
    $263.0M
    Enterprise value
    $15.9B

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