Company Information

  

Address: PO BOX 511
200 SOUTH WILCOX DRIVE 
City: KINGSPORT 
State: TN 
Zip Code: 37660 
Telephone: 423-229-2000 

Description of Business

Primary SIC Code: 2821
(As filed with the SEC)  

Eastman Chemical Company ("Eastman" or the "Company") is a global advanced materials and specialty additives company that produces a broad range of products found in items people use every day. Eastman began business in 1920 for the purpose of producing chemicals for Eastman Kodak Company's photographic business and became a public company, incorporated in Delaware, on December 31, 1993. Eastman has 48 manufacturing sites and equity interests in three manufacturing joint ventures in 14 countries that supply products to customers throughout the world. The Company's headquarters and largest manufacturing site are located in Kingsport, Tennessee. With a robust portfolio of specialty businesses, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20189.970.56010.03
03/20189.580.56011.02
12/20179.470.5609.78
09/20176.890.51013.13
06/20176.240.51013.46
03/20175.950.51013.58
12/20165.750.51013.08
09/20165.790.46011.69

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-1.16Total Liab/Total Assets0.66
Net Inc/Total Assets0.09Total Liab/Inv Cap0.78
Net Inc/Inv Cap0.10Total Liab/Comm Equity-8.90
Pretax Inc/Net Sales0.13Interest Coverage Ratio6.35
Net Inc/Net Sales0.14Curr Debt/Equity0.07
Cash Flow/Net Sales0.17LTD/Equity1.14
SG&A/NetSales0.07Total Debt/Equity1.21
Asset Utilization   Liquidity  
Net Receivables Turnover7.35Quick Ratio0.82
Inventory Turnover4.87Current Ratio1.59
Inventory Day Sales0.01Net Rec/Curr Assets0.44
Net Sales/Work Cap8.22Inv/Curr Assets0.48
Net Sales/PP&E1.70  

Income Statement (Millions)

  6/30/2018 3/31/2018 12/31/2017 9/30/2017
Total Revenues(Net Sales) 2,621.00 2,607.00 2,362.00 2,465.00
Cost of Goods Sold 1,917.00 2,026.00 1,875.00 1,733.00
Selling & Admin Exps 159.00 160.00 174.00 223.00
Operating Income 481.00 363.00 255.00 459.00
Interest Exp 61.00 59.00 59.00 61.00
Pretax Income 430.00 350.00 186.00 403.00
Other Income 10.00 46.00 -10.00 5.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 344.00 290.00 491.00 323.00

Balance Sheet (Millions)

Assets 6/30/2018 3/31/2018 12/31/2017 9/30/2017
Cash & Short Term Investments 193.00 194.00 191.00 195.00
Receivables - Total 1,707.00 1,749.00 1,386.00 1,425.00
Inventories - Total 1,532.00 1,476.00 1,509.00 1,576.00
Total Current Assets 3,498.00 3,483.00 3,143.00 3,245.00
Net Property, Plant & Equipment 5,570.00 5,632.00 5,607.00 5,485.00
Total Assets 16,260.00 16,366.00 15,999.00 16,024.00
Liabilities        
Accounts Payable 1,406.00 1,440.00 1,589.00 1,402.00
Debt in Current Liabilities 662.00 589.00 393.00 369.00
Total Current Liabilities 2,068.00 2,029.00 1,982.00 1,771.00
Long-Term Debt 6,033.00 6,311.00 6,147.00 6,325.00
Total Liabilities 10,563.00 10,821.00 10,596.00 11,001.00
Stockholder's Equity        
Minority Interest 77.00 75.00 77.00 76.00
Preferred Stock NA NA NA NA
Common Stock 2.00 2.00 2.00 2.00
Retained Earnings 7,292.00 7,026.00 6,802.00 6,391.00
Treasury Stock -3,425.00 -3,275.00 -3,175.00 -3,100.00
Total Stockholders' Equity 5,697.00 5,545.00 5,403.00 5,023.00
Total Liabilities and Stockholders' Equity 16,260.00 16,366.00 15,999.00 16,024.00

Cash Flow Summary (Millions)

Categories 6/30/2018 3/31/2018 12/31/2017 9/30/2017
Net Cash Provided by Operating Activities 443.00 -35.00 646.00 528.00
Net Cash Provided by Investing Activities -101.00 -78.00 -213.00 -147.00
Net Cash Provided by Financing Activities -339.00 116.00 -438.00 -410.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20139,350.001,165.00--
12/20149,527.00751.004.95
12/20159,648.00848.005.66
12/20169,008.00854.005.75
12/20179,549.001,384.009.47
Growth Rates0.534.40--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18782120,50785.30




Report Date : 9/17/2018

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