Eastman Chemical Co. Stock

In examining the financial health of Eastman Chemical Company (US symbol: EMN), a prominent player in the chemicals industry, a thorough analysis reveals a mixed bag of strengths and challenges. With a market capitalization nearing $10.9 billion and a robust revenue stream, the financial statements provide valuable insights for potential investors. Here, the spotlight will shine on the balance sheet, income statement, and cash flow statement to offer a clearer perspective for private investors looking to make informed decisions.

Eastman Chemical's financials portray a company with solid income-generating capabilities but expose some vulnerabilities that investors should consider. The company has consistently demonstrated a profit-generating model, as evidenced by its EBITDA of approximately $1.57 billion and net income nearing $894 million for 2023. However, financial ratios hint at a cautious approach due to fluctuating income growth.

Asset Composition: In 2023, Eastman Chemical reported total assets of approximately $14.6 billion, of which $11.2 billion were non-current assets like property, plant, and equipment. This underscores a strong investment in long-term operational capacity to drive growth.