Eastman Chemical Company operates as a specialty materials company in the United States, China, and internationally. The company’s Additives & Functional Products segment offers amine derivative-based building blocks, intermediates for surfactants, metam-based soil fumigants, and organic acid-based solutions; specialty coalescent and solvents, paint additives, and specialty polymers; and heat transfer and aviation fluids. It serves transportation, personal care, wellness, food, feed, agriculture, building and construction, water treatment, energy, consumables, durables, and electronics markets. Its Advanced Materials segment provides copolyesters, cellulosic biopolymers, polyvinyl butyral sheets, polyester films and window and protective films for value-added end uses in the transportation, durables, electronics, building and construction, medical and pharma, and consumables end-markets. The company’s Chemical Intermediates segment offers olefin and acetyl derivatives, ethylene, and commodity solvents; and primary non-phthalate and phthalate plasticizers, and niche non-phthalate plasticizers for industrial chemicals and processing, building and construction, health and wellness, and food and feed. Its Fibers segment provides cellulose acetate tow, triacetin, cellulose acetate flake, acetic acid, and acetic anhydride for use in filtration media primarily cigarette filters; natural and solution dyed acetate yarns, and staple fiber for use in consumables, and health and wellness markets; and wet-laid nonwoven media, specialty and engineered papers, and cellulose acetate fibers for transportation, industrial, agriculture and mining, and aerospace markets. The company was founded in 1920 and is headquartered in Kingsport, Tennessee.
Circular Economy Push | Eastman Chemical's ambitious $500M Circular EBITDA target by 2029 showcases its commitment to sustainable growth and market leadership in circular solutions |
Financial Resilience | Despite market challenges, Eastman surpassed Q4 2024 EPS expectations and maintains a strong dividend history, signaling robust financial health |
Strategic Investments | Explore Eastman's key projects like Kingsport methanolysis and Longview facility, poised to drive significant earnings and valuation growth |
Market Outlook | Analyst price targets range from $91 to $111, reflecting mixed views on Eastman's ability to navigate industry headwinds and capitalize on circular economy trends |
Metrics to compare | EMN | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipEMNPeersSector | |
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P/E Ratio | 9.5x | 43.3x | 1.6x | |
PEG Ratio | 8.67 | 0.09 | 0.00 | |
Price/Book | 1.5x | 1.6x | 1.6x | |
Price / LTM Sales | 0.9x | 1.7x | 1.2x | |
Upside (Analyst Target) | 17.8% | 3.3% | 24.4% | |
Fair Value Upside | Unlock | 7.7% | 3.7% | Unlock |