EMN · 10-Q · 2026Q3

EASTMAN CHEMICAL CO

Filed 2026-10-30 · Industrials · View original filing on EDGAR

Everything EMN's SEC filings said, ranked

Ranked Events

• Capital Expenditure ProgramImportance 62 · Surprise 56
  Capital expenditures were $298 million in the first nine months of 2026, down from $434 million in the first nine months of 2025. Spending in 2026 primarily funded maintenance and limited growth capital for projects…
• Liquidity and Debt PositionImportance 55 · Surprise 32
  At September 30, 2026, Eastman had $5.218 billion of borrowings and $768 million of cash, resulting in net debt of $4.450 billion, up from $4.221 billion at December 31, 2025. The company issued $600 million of 4.5%…
• Chemical Intermediates DemandImportance 48 · Surprise 40
  Chemical Intermediates sales revenue increased in both the third quarter and first nine months of 2026, driven by higher volume mix and selling prices, particularly for olefin and derivative products. The company…
• Net Income and EPS PerformanceImportance 44 · Surprise 46
  Third-quarter 2026 diluted EPS was $2.19, compared with $0.60 in third-quarter 2025. First-nine-month diluted EPS was $4.70 in 2026, compared with $3.38 in 2025. The company reported 114.3 million weighted-average…
• Revenue Performance and MixImportance 42 · Surprise 14
  Third-quarter 2026 sales revenue increased 8% year over year to $2.385 billion, while first-nine-month revenue rose 4% to $7.075 billion. Third-quarter growth reflected higher selling prices in every region except Asia…
• Segment Revenue PerformanceImportance 41 · Surprise 22
  First-nine-month 2026 sales increased to $2,294 million in Advanced Materials from $2,224 million, $2,330 million in Additives & Functional Products from $2,218 million, and $1,718 million in Chemical Intermediates…
• ESG and SustainabilityImportance 37 · Surprise 42
  The U.S. Department of Energy terminated an award on May 29, 2025, for Eastman’s Polyethylene Terephthalate Recycling Decarbonization Project in Longview, Texas. Eastman received reimbursements during the first quarter…
• Fibers Demand and PricingImportance 36 · Surprise 40
  Fibers sales revenue was relatively unchanged in the third quarter of 2026 as higher volume mix, including increased textile and acetyl chemical sales, was offset by lower selling prices. Lower acetate tow contract…
• Trade Policy and TariffsImportance 35 · Surprise 60
  On February 20, 2026, the U.S. Supreme Court ruled that tariffs imposed under the International Emergency Economic Powers Act (IEEPA) were unauthorized and invalid. On March 4, 2026, the U.S. Court of International…
• Income Tax Rate ChangesImportance 34 · Surprise 42
  Third quarter and first nine months 2026 income tax results included a $61 million reduction in unrecognized tax benefits, inclusive of related interest, following evaluation of new external information. The periods…
• Capital Return ProgramImportance 31 · Surprise 6
  Eastman’s December 2021 authorization permits repurchases of up to $2.5 billion of common stock. By September 30, 2026, the company had repurchased 13,032,926 shares for a cumulative $1.2 billion under that…
• Working Capital and ReceivablesImportance 31 · Surprise 6
  Eastman sold $647 million of receivables through uncommitted factoring programs in third-quarter 2026, compared with $696 million in third-quarter 2025. Receivables sold totaled $2.0 billion in each of the first nine…
• Molecular Recycling TechnologyImportance 26 · Surprise 24
  Eastman identifies molecular recycling as an investment focus that extends differentiation from its technology platforms. The company began operating the world's largest polyester molecular recycling facility in 2024.…
• Geographic Market CommentaryImportance 23 · Surprise 14
  In the third quarter of 2026, Eastman reported sales revenue growth of 8%, with higher selling prices in all regions except Asia Pacific and higher sales volume across all regions. For the first nine months, sales…
• U.S. Tax Law ChangesImportance 21 · Surprise 42
  Eastman revised its previously issued third-quarter 2025 financial statements for an error involving the newly enacted One Big Beautiful Bill Act (OBBBA) and its impact on income tax provision. The company determined…
• Gross Margin DriversImportance 18 · Surprise 14
  First-nine-month 2026 gross profit was $1,523 million, up from $1,506 million in the year-earlier period. Excluding restructuring-related inventory adjustments, gross profit increased in Chemical Intermediates and…
• Quarterly Dividend DeclarationImportance 15 · Surprise 14
  Eastman declared a third-quarter 2026 cash dividend of $0.84 per share, compared with $0.83 per share in third-quarter 2025. For the first nine months, declared dividends totaled $2.52 per share in 2026 and $2.49 per…
• Operating Cash Flow TrendsImportance 14 · Surprise 6
  Cash provided by operating activities decreased $91 million in the first nine months of 2026 versus the same 2025 period. Increased working-capital requirements drove the decline, partly offset by lower…

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Revenue by Geography (in millions)