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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$8.39B+19.9%
Enterprise value$12.94B+10.6%
P/E21×+12.6×
P/S+0.2×

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:IncomeTaxExpenseBenefit.

The source filing: Eastman Chemical’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 11:58 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000915389-26-000099
(Dollars in millions, except per share amounts)First Quarter / 2026First Quarter / 2025
Earnings before interest and taxes188302
Net interest expense5249
Earnings before income taxes136253
Provision for income taxes2970
Net earnings107183
Less: Net earnings attributable to noncontrolling interest1
Net earnings attributable to Eastman$107$182
Basic earnings per share attributable to Eastman$0.93$1.58

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Eastman Chemical's income tax?
Eastman Chemical (EMN) reported income tax of $29M in Q1 2026.
How has Eastman Chemical's income tax changed year-over-year?
Eastman Chemical's income tax decreased by 58.6% year-over-year, from $70M to $29M.
What is the long-term trend for Eastman Chemical's income tax?
Over 2 years (2021 to 2023), Eastman Chemical's income tax has grown at a -5.7% compound annual growth rate (CAGR), from $215M to $191M.
What does income tax mean?
Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

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