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COMPANY BENCHMARKING • UNITED STATES

Eastman Chemical Co - Company Profile

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Eastman Chemical Co - Overview

Brands
Abalyn, Abitol, Acitra, Adapt Solvents, AIV, Benzoflex, Bioextend, Butvar, Cadence Resins, Drystar, Durastar, Dymerex, Eastalite, Eastalloy, Eastar, Eastoflex, Flexvue, Gila, Naia, Omni, Optifilm, Piccotac, Rregalite, Vanceva, Velate, XIR, Zendex
Description
Eastman Chemical Co is a public company headquartered in Tennessee with an estimated 14,500 employees. In the US, the company has a notable market share in at least two industries: Organic Chemical Manufacturing, Synthetic Fiber Manufacturing and Organic Chemical Manufacturing. Their largest market share is in the Synthetic Fiber Manufacturing industry, where they account for an estimated 5.9% of total industry revenue.
Company Details

Registered Name: Eastman Chemical Co

Company Type: Operating

Exchange: NYSE

Headquarters: P O Box 511 B-54d Kingsport TN 37662

Website: http://www.eastman.com/

Employees: 14500

Eastman Chemical Co - Operating Industries and Main Competitors

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Eastman Chemical Co - Products and Services

  • Organic Chemical Manufacturing in the US

    • Of the 7 core revenue-generating products and services in the Organic Chemical Manufacturing in the US industry, Eastman Chemical Co offers:
    • All other basic organic chemical products
    • Synthetic organic alcohols

  • Synthetic Fiber Manufacturing in the US

    • Of the 7 core revenue-generating products and services in the Synthetic Fiber Manufacturing in the US industry, Eastman Chemical Co offers:
    • Nylon and other polyamide fibers
    • Other materials
    • Other noncellulosic fibers
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Eastman Chemical Co - Analyst Insights

Eastman announces 4Q and FY 2021 Financial Results

On January 27, 2022, Eastman Chemical Company (Eastman) released the company’s 2021 fourth quarter and full-year financial results. Eastman reported that the company had record revenue and EPS despite the supply chain issues and increased inflation. Specifically, the company reported revenue of $10,476 million in FY 2021 up from $8,473 million in FY 2020. The company states it had continued strong demand in durables, medical and pharma, and building and construction end markets. Conversely, higher manufacturing maintenance costs and continued investment in growth negatively affected EBIT.

Discontinued Activity


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Eastman Chemical Co - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Eastman Chemical Co's performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Organic Chemical Manufacturing in the US, and Synthetic Fiber Manufacturing in the US industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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Eastman Chemical Co - Financial Statements & Ratios

pie_chartEastman Chemical Co Income Statement

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Revenue10,476.08,473.09,273.010,151.09,549.09,008.0
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
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pie_chartEastman Chemical Co Balance Sheet

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Cash and Equivalents459.0564.0204.0226.0191.0181.0
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
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pie_chartEastman Chemical Co Cash Flow

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Net Income867.0489.0762.01,084.01,388.0859.0
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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