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EMN

EMN

Basic Materials · Specialty Chemicals

$73.83-1.93%
Mkt Cap: $8.44BDY: 4.46%

Performance

EMN (EMN) Stock Analysis 2026

Rule-based · Updated daily · Not financial advice

EMN (EMN) operates in the Specialty Chemicals space within the Basic Materials sector. With a market cap of $8.4B, it qualifies as a small-cap company. Revenue has been contracting year-over-year, a headwind that investors will watch closely in upcoming earnings.

Bull Case2
  • Forward P/E (10.5×) is lower than trailing P/E (21.3×) — analysts expect earnings to improve
  • Dividend yield of 4.46% provides consistent income on top of price appreciation
Bear Case4
  • Revenue declined 5% YoY — warning sign for business momentum
  • Earnings fell 41% YoY — profitability is under pressure
  • Thin profit margin of 4.6% — little buffer against cost increases
  • High debt-to-equity of 89.62× increases financial risk, especially with elevated interest rates

Verdict

Avoid

Significant fundamental concerns outweigh positives. High risk at current levels.

AI Insight

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AI-generated analysis for informational purposes only. Not financial advice.

Related Articles

Revenue & Results

Dividends

Current DY

4.46%

5Y Avg Annual

$2.9040

Last Payment

$0.8400

Ex-Date

06/15/2026

Annual dividends paid per share

2011
2019
2026
Ex-DatePaymentAmountEst. DY
Latest06/15/2026
07/08/2026$0.84004.55%
03/13/2026
04/05/2026$0.84004.55%
12/15/2025
01/07/2026$0.84004.55%
09/15/2025
10/08/2025$0.83004.50%
06/13/2025
07/06/2025$0.83004.50%
03/14/2025
04/06/2025$0.83004.50%
12/16/2024
01/08/2025$0.83004.50%
09/16/2024
10/09/2024$0.81004.39%

Magic Number

Shares needed to self-fund your next purchase

$73.83

Price

÷

$0.8400

Last div. (quarterly)

=

88

shares

Own 88 EMN shares ($6,497.04) and each quarterly dividend pays for 1 new share — the snowball runs on its own.

Investment target

$6,497.04

New shares / year

+4 shares

If You Had Invested…

Hypothetical return based on historical prices

$

* Dividend reinvestment calculated at ex-date price. For informational purposes only.

Earnings

Next Earnings

Jul 30, 2026

44

days

EPS (TTM)

$3.46

P/E (TTM)

21.3

Fwd P/E

10.5

Earnings History

SEC EDGAR · official filings

SEC filings

SEC Filings

Official EDGAR documents

All filings

Key Statistics

Valuation

Market Cap$8.44B
P/E Ratio21.34
Forward P/E10.53
P/B Ratio
PEG Ratio0.64
EPS (TTM)$3.46

Trading

Open
Day High
Day Low
52W High$83.47
52W Low$56.11
Volume
Avg Volume (3M)1,334,131
Beta1.07

Dividends

Dividend Yield4.46%
Annual Rate$3.36
Ex-Div Date2026-06-15
Payout Ratio96.53%

Profitability

Profit Margin4.62%
Operating Margin9.78%
ROE6.63%
ROA3.53%
Revenue Growth-4.90%
Earnings Growth-40.80%

Balance Sheet

Total Revenue$8.64B
Total Debt$5.45B
Debt / Equity89.62
Current Ratio1.47
Free Cash Flow$434.00M

Fair Value Estimates

Current price: $73.83

Graham Number

√(22.5 × EPS × Book Value)

$63.98

-13.3% downside

Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.

Bazin Ceiling Price

Avg. Annual DPS (5Y) ÷ 6%

$52.23

-29.3% downside

Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.

These are simplified estimates. Not financial advice.

Buy & Hold Checklist

Quality criteria for long-term holding

6/10

60% score

Pays dividends

15Y hist.

15+ years of dividend history

Dividend consistency (5Y+)

15 yrs

Uninterrupted dividend payments for at least 5 years

ROE above 10%

6.6%

Return on equity — measures how efficiently capital is used

Positive profit margin

4.6%

Net profit margin must be positive — company earns more than it spends

Revenue growth (annual)

-4.9%

Annual revenue must be growing compared to the prior year

Earnings growth (annual)

-40.8%

Annual earnings must be growing compared to the prior year

Debt/Equity below 2×

89.62×

Low financial leverage reduces risk of distress

Current ratio above 1

1.47×

Short-term assets must cover short-term liabilities

Daily liquidity above $5M

$98M/day

High trading volume ensures easy entry and exit

Dividend yield above 0%

4.46%

Stock must distribute income to shareholders

Related Assets

Basic Materials

About EMN

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, methylamines and salts, higher amines and solvents, 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. Eastman Chemical Company was founded in 1920 and is headquartered in Kingsport, Tennessee.

Sector

Basic Materials

Industry

Specialty Chemicals

Location

Kingsport, United States

Employees

13,000