Eastman Chemical Company (EMN) is a publicly traded company in the Basic Materials — Chemicals - Specialty industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Eastman Chemical Company functions as a worldwide provider of specialized materials. Its Additives & Functional Products division offers a comprehensive range, including hydrocarbon and rosin resins, organic acid-based solutions, and amine-derived building blocks. This segment also provides agricultural chemicals like metam-based soil fumigants, thiram and ziram fungicides, and plant growth regulators.
Is Eastman Chemical Company stock overvalued or undervalued in 2026?
Eastman Chemical Company (EMN) trades at 17.6× earnings (P/E), below the median of the 156 materials companies over $2bn in Kaplio's universe. At the decade median (13.2×) $51 (-25 %); at its sector median (18.8×) $72 (+7 %).
Kaplio overview: Eastman Chemical Company
Market cap $8B · 52 weeks $56 – $81 (15 % below the high) · P/E 17.6× · 2027 expected P/E 10.2× · Dividend 5.0 % · 11 years rising · Closing price, Oct 29 · accounts published Oct 29.
- Valuation: P/E 17.6× (expensive).
- Business: ROIC 5 % (weak).
- Balance sheet: Net debt/EBITDA 3.5× (fragile).
- Earnings: 4 of 8 (uneven).
What would it be worth at its usual multiples?
At the decade median (13.2×) $51 (-25 %); at its sector median (18.8×) $72 (+7 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in materials: 4 of 8 pass
- FCF yield 6.4 %, fails.
- Gross margin 21.1 %, fails.
- Net debt / EBITDA (trough) 3.5×, fails.
- Dividend coverage 1.1×, fails.
- Capex / D&A 1.1×, passes.
- Altman Z-Score 2.3, passes.
- P/B across cycles 1.3×, passes.
- Cycle-adjusted EV/EBITDA 9.7×, passes.
Against its peers (reference peers) — Eastman Chemical Company: P/E 17.6×; EV/EBITDA 9.7×; ROIC 5.1 %; $7.8B. Element Solutions Inc (P/E 41.9×; EV/EBITDA 22.7×; ROIC 7.7 %; $8.6B), Avient Corporation (P/E 23.2×; EV/EBITDA 10.7×; ROIC 4.7 %; $3.9B), Cabot Corp. (P/E 20.6×; EV/EBITDA 7.0×; ROIC 8.3 %; $3.8B).
Expensive or cheap against its last ten years?
P/E at each close: today 17.6× · median 13.2× · minimum 6.0× · maximum 36.7× · cheap below 10.8× · expensive above 17.1×. It has been cheaper than today 82% of the time over its last ten years.
Dividend
tight · Yield 5.0 % ($3.32 per share in 2025) · Years raising it ≥ 11 · 5-year growth +5 % a year · Free cash flow coverage 1.5× · With $1,000 invested today you'd collect $49.50 a year ($4.12 a month).
Profitability
| Return on Equity | 7.42% |
| Return on Invested Capital | 5.14% |
| Return on Assets | 2.87% |
| Gross Margin | 19.88% |
| Operating Margin | 9.41% |
| Net Margin | 4.99% |
Financial Health
| Debt / Equity | 0.86 |
| Current Ratio | 1.50 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 2.33 |
Price Performance
| 1 month | +4.77% |
| 3 months | -2.89% |
| Year-to-date | +6.42% |
| 1 year | +13.75% |
| 3 years | -9.10% |
| 5 years | -34.70% |
| 10 years | -5.74% |
Dividend History
Paid in the last 12 months: $3.3600 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-09-15 | $0.8400 |
| 2026-06-15 | $0.8400 |
| 2026-03-13 | $0.8400 |
| 2025-12-15 | $0.8400 |
| 2025-09-15 | $0.8300 |
| 2025-06-13 | $0.8300 |
| 2025-03-14 | $0.8300 |
| 2024-12-16 | $0.8300 |
| 2024-09-16 | $0.8100 |
| 2024-06-17 | $0.8100 |
Amounts adjusted for stock splits.
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Explore sector: Basic Materials · Chemicals - Specialty
More sections of EMN: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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