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Eastman Chemical EMN Advanced Materials — Severance Costs

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FISEnterprise Cost Control Initiatives and Changes in Senior Management — Severance costs
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Other financials

Income statement

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Revenue$2.2B-4.9%
Gross profit$431.0M-24.0%
Net income$107.0M-41.2%
EPS (diluted)$0.93-40.8%

Balance sheet

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Cash & equivalents$665.0M+59.1%
Total debt$5.2B+4.0%
Total equity$6.0B+2.4%
Total assets$15.2B+1.7%

Cash flow

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Operating cash flow-$137.0M+18.0%
CapEx$103.0M-29.9%
Free cash flow-$240.0M+23.6%

Valuation

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Market cap$8.29B-14.2%
Enterprise value$12.84B-10.1%
P/E20.8×+10.3×
P/S-0.1×

Profitability

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Gross margin19.8%-5.1pp
Operating margin16%
Net margin4.6%-5.2pp
FCF margin5.8%-0.4pp

Returns & leverage

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Return on equity6.7%-9.4pp
Debt / equity0.9×0.0×
Current ratio1.5×-0.3×

Where this comes from

Reported directly by Eastman Chemical in its filing.

Tagged under the XBRL concept us-gaap:SeveranceCosts1.

The official record: Eastman Chemical’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Eastman Chemical's advanced materials — severance costs?
Eastman Chemical (EMN) reported advanced materials — severance costs of $3M in Q1 2026.
How has Eastman Chemical's advanced materials — severance costs changed year-over-year?
Eastman Chemical's advanced materials — severance costs increased by 200.0% year-over-year, from $1M to $3M.
What is the long-term trend for Eastman Chemical's advanced materials — severance costs?
Over 4 years (2021 to 2025), Eastman Chemical's advanced materials — severance costs has grown at a 41.4% compound annual growth rate (CAGR), from $1M to $4M.
What does advanced materials — severance costs mean?
Represents the expenses incurred by the Advanced Materials business segment related to employee termination benefits and workforce reduction programs. These costs reflect organizational restructuring efforts aimed at optimizing the segment's labor structure and operational efficiency.