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
- Insights on the Chemical Licensing Global Market to 2027 - Featuring Eastman Chemical, Exxon Mobil & Huntsman Among Others
- Governor Lee, Commissioner Rolfe Announce Eastman to Build Methanolysis Facility to Support an Optimized Circular Economy
- Price Correction In The Cards For Eastman Chemical Stock?
- Global Large Capacity Lithium Battery Packs Market Report, Forecast 2020 - 2027, Upcoming Trend Analysis and Key Players - Eastman Panasonic(Sanyo) ,Samsung ,SDI
Key People/Management at Eastman
Mark Costa
Chairman and Chief Executive Officer
Mark K. Cox
Senior Vice President, Chief Manufacturing, Supply Chain and Engineering Officer
Perry Stuckey
Senior Vice President and Chief Human Resources Officer
Gregory A. Riddle
Vice President, Investor Relations & Corporate Communications
Lucian Boldea
Executive Vice President, Additives & Functional Products and Chemical Intermediates
Brad Lich
Executive Vice President and Chief Commercial Officer
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 $9.27 b in FY, 2019
| USD | |
|---|---|
Revenue (Q3, 2020) | 2.1b |
Gross profit (Q3, 2020) | 501.0m |
Gross profit margin (Q3, 2020), % | 23.6% |
Net income (Q3, 2020) | 165.0m |
EBIT (Q3, 2020) | 243.0m |
Market capitalization (8-Feb-2021) | 14.6b |
Closing stock price (8-Feb-2021) | 107.5 |
Cash (30-Sept-2020) | 650.0m |
EV | 19.8b |
Eastman's current market capitalization is $14.6 b.
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 2.3b | 2.4b | 2.5b | 2.6b | 2.6b | 2.5b | 2.4b | 2.4b | 2.3b | 2.2b | 1.9b | 2.1b |
Cost of goods sold | 1.7b | 1.8b | 1.8b | 2.0b | 1.9b | 1.8b | 1.8b | 1.8b | 1.8b | 1.7b | 1.6b | 1.6b |
Gross profit | 605.0m | 630.0m | 671.0m | 581.0m | 704.0m | 728.0m | 574.0m | 589.0m | 574.0m | 577.0m | 371.0m | 501.0m |
Gross profit Margin, % | 26% | 26% | 27% | 22% | 27% | 29% | 24% | 25% | 25% | 26% | 19% | 24% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 197.0m | 222.0m | 195.0m | 194.0m | 193.0m | 193.0m | 195.0m | 186.0m | 207.0m | 680.0m | 704.0m | 650.0m |
Accounts Receivable | 982.0m | 1.0b | 1.0b | 1.4b | 1.4b | 1.4b | 1.3b | 1.2b | 1.2b | 1.0b | 904.0m | 1.1b |
Inventories | 1.5b | 1.5b | 1.6b | 1.5b | 1.5b | 1.6b | 1.7b | 1.7b | 1.7b | 1.7b | 1.4b | 1.3b |
Current Assets | 3.2b | 3.3b | 3.2b | 3.5b | 3.5b | 3.6b | 3.6b | 3.5b | 3.4b | 3.9b | 3.5b | 3.5b |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 279.0m | 573.0m | 897.0m | 290.0m | 636.0m | 1.0b | 209.0m | 468.0m | 735.0m | 260.0m | 290.0m | 446.0m |
Depreciation and Amortization | 145.0m | 292.0m | 440.0m | 152.0m | 300.0m | 451.0m | 155.0m | 311.0m | 462.0m | 139.0m | 280.0m | 429.0m |
Inventories | (82.0m) | (108.0m) | (143.0m) | (80.0m) | (158.0m) | (261.0m) | (122.0m) | (148.0m) | (122.0m) | (18.0m) | 221.0m | 316.0m |
Accounts Payable | (26.0m) | (28.0m) | (20.0m) | 8.0m | (10.0m) | 7.0m | (42.0m) | (88.0m) | (183.0m) | (104.0m) | (343.0m) | (213.0m) |
| USD | FY, 2016 |
|---|---|
Revenue/Employee | 643.4k |
Debt/Equity | 1.4 x |
Debt/Assets | 0.4 x |
Financial Leverage | 3.4 x |
Eastman Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Commonwealth Laminating & Coating Inc | December 11, 2014 | $438 m |
| Taminco Corporation | September 11, 2014 | $2.80 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: 9.0% from Fibers, 35.9% from Additives & Functional Products, 27.1% from Advanced Materials and 27.9% from Chemical Intermediates
Eastman revenue breakdown by geographic segment: 42.4% from United States and Canada, 24.7% from Asia Pacific, 27.2% from Europe, Middle East, and Africa and 5.8% from Latin America
Human Capital Metrics
Eastman's employees are reported to be approximately 24% female and 76% male.
Eastman Cybersecurity Score
Eastman Online and Social Media Presence
9.09k Twitter followers
Eastman has 9.09k Twitter Followers. The number of followers has increased 0.2% month over month and increased 0.3% quarter over quarter
Eastman's Trends
Twitter Engagement Stats for @EastmanChemCo
1.7k
Tweets
504
Following
9.1k
Followers
14
Tweets last 30 days
7.1
Avg. likes per Tweet
85.7%
Tweets with engagement
Eastman Company Culture
Overall Culture
A+
98/100
CEO Rating
A+
90/100
Compensation
A+
100/100
Eastman News and Updates
February 03, 2021
Insights on the Chemical Licensing Global Market to 2027 - Featuring Eastman Chemical, Exxon Mobil & Huntsman Among Others
Dublin, Feb. 03, 2021 (GLOBE NEWSWIRE) -- The "Chemical Licensing - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. The publisher brings years of research experience to the 6th edition of this report. The 275-page report presents concise insigh…
January 29, 2021
Governor Lee, Commissioner Rolfe Announce Eastman to Build Methanolysis Facility to Support an Optimized Circular Economy
Bill Lee, Department of Economic and Community Development Commissioner Bob Rolfe and Eastman officials announced today that the company will build one of the world’s largest methanolysis facilities at its site in Kingsport, Tenn.read more
December 29, 2020
Price Correction In The Cards For Eastman Chemical Stock?
Having gained more than 160% since the March 23 lows of this year, at the current price of $101 per share, we believe Eastman Chemical Stock (NYSE: EMN) is expensive. Eastman Chemical, a chemical company that manufactures and markets chemicals, fibers, and plastics, has seen its stock rally...
December 08, 2020
Global Large Capacity Lithium Battery Packs Market Report, Forecast 2020 - 2027, Upcoming Trend Analysis and Key Players - Eastman Panasonic(Sanyo) ,Samsung ,SDI
lobal Large Capacity Lithium Battery Packs Market. According to the extensive report the market is anticipated to register a compounded annual growth rate of x% during the forecast period 2020 – 2025. Posted via Industry Today. Follow us on Twitter @IndustryToday
December 07, 2020
2 Reasons Not To Buy Eastman Kodak On 70% Stock Pop
Eastman Kodak's 70% stock pop is likely due to short covering, rather than a brighter growth picture
December 07, 2020
Stocks making the biggest moves in the premarket: IAC/Interactive, Ford, Eastman Kodak & more
Names on the move ahead of the open.
Eastman Blogs
January 11, 2021
Teastick Gems
Translucent and colorful with Eastman Tritan copolyesterWhoGamila Products of Raleigh, North CarolinaWhatGamila Products has developed a new method for brewing loose-leaf tea. The Teastick Gems is an all-in-one design and includes a scoop, measuring device and infuser in a sleek.NeedsLooking to impr…
January 06, 2021
Art Installation at the Museum of Mexico City
Protecting history and resisting climate conditions with Eastman Texanol coalescent for latex paintsWhoConstructed in the 17th century as a palace for the Counts of Santiago de Calimaya, the Museum of Mexico City’s building was registered as a National Heritage site in 1931 and officially became the…
December 09, 2020
MGM’s Grande Praça Butterfly Exhibit
“Color tinting Eastman Spectar clear copolyester to create the appearance of art glass”WhoDallas-based artist Stephen Stefanou at the MGM’s Grande Praça Butterfly Exhibit in MacauWhatThe hatchery and butterfly exhibit at the MGM are housed within a 26 ft. fly-eyed geodesic dome structure covered in …
November 11, 2020
Longchamp Staircase
Curved balustrades with Eastman Spectar copolyesterWhoThomas Heatherwick, director of Heatherwick StudioWhatThe Longchamp store, located in SoHo, has won numerous design and architectural accolades and attracted widespread media coverage. Longchamp’s boutique is located on the second floor and the s…
October 14, 2020
Lolly Baby Bottles, Pacifiers, and Sippy Cups
Bringing BPA free products to the infant care market with Eastman Tritan copolyesterWhoLolly Baby, an infant care company based in São Paulo, BrazilWhatA new product line of baby bottles, pacifiers, and sippy cups.Needs“For Brazilian moms and dads, it is essential that infant care products maintain …
September 30, 2020
KOR ONE Black Hydration Vessel
Superb clarity with Eastman Tritan copolyesterWhoKOR Water and RKS DesignWhatKOR Water and RKS Design teamed up to create the KOR ONE Black — a hydration vessel for a special cause. Priced at $99, all sales of the limited edition KOR ONE Black supported Summit Series and The Nature Conservancy in th…
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, Mark K. Cox and Perry Stuckey.
How many employees does Eastman have?
Eastman has 14,500 employees.
What is Eastman revenue?
Latest Eastman annual revenue is $9.3 b.
What is Eastman revenue per employee?
Latest Eastman revenue per employee is $639.5 k.
Who are Eastman competitors?
Competitors of Eastman include Royal DSM, BASF and Evonik Industries.
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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