Eastman Chemical Company (EMN) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	8.9B	8.8B	9.4B	9.2B	10.5B
Cost of Revenue	7.1B	6.9B	7.1B	7.1B	8.5B
Gross Profit	1.8B	1.8B	2.3B	2.1B	2.1B
Operating Expenses
R&D Expense	246.0M	255.0M	250.0M	239.0M	264.0M
SG&A Expense	682.0M	658.0M	664.0M	727.0M	708.0M
General & Admin Expense	—	—	664.0M	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	—	—	—	—	—
Total Operating Expenses	928.0M	913.0M	914.0M	966.0M	972.0M
Cost and Expenses	8.0B	7.8B	8.0B	8.1B	9.5B
Operating Income (EBIT)	834.0M	931.0M	1.4B	1.1B	1.1B
Non-Operating
Interest Income	6.0M	—	16.0M	10.0M	6.0M
Interest Expense	213.0M	208.0M	216.0M	225.0M	188.0M
Net Interest Income	(207.0M)	(208.0M)	(200.0M)	(215.0M)	(182.0M)
Other Non-Op Income/Expense	(296.0M)	(363.0M)	(298.0M)	(9.0M)	(107.0M)
Non-Operating Income (excl Interest)	85.0M	155.0M	82.0M	(213.0M)	(75.0M)
EBT (Pre-Tax Income)	538.0M	568.0M	1.1B	1.1B	977.0M
Income Tax Expense	95.0M	93.0M	170.0M	191.0M	181.0M
Bottom Line
Net Income	442.0M	474.0M	905.0M	894.0M	793.0M
Earnings from Cont. Ops	443.0M	475.0M	908.0M	896.0M	796.0M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	442.0M	474.0M	905.0M	894.0M	793.0M
Per Share
Basic EPS	$3.87	$4.13	$7.75	$7.54	$6.42
Diluted EPS	$3.85	$4.10	$7.67	$7.49	$6.35
Revenue Per Share	$77.56	$76.30	$80.39	$77.55	$85.30
Shares
Basic Shares Outstanding	114.3M	114.7M	116.7M	118.6M	123.5M
Diluted Shares Outstanding	115.3M	115.6M	117.9M	119.4M	124.9M
Profitability Metrics
EBITDA	1.3B	1.3B	1.8B	1.8B	1.6B
D&A	523.0M	513.0M	509.0M	498.0M	477.0M
EBIT	749.0M	776.0M	1.3B	1.3B	1.2B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026