Eastman Chemical Co
NYSE:EMN
Income Statement
Earnings Waterfall
Eastman Chemical Co
Revenue
|
9.1B
USD
|
Cost of Revenue
|
-7B
USD
|
Gross Profit
|
2.1B
USD
|
Operating Expenses
|
-1B
USD
|
Operating Income
|
1B
USD
|
Other Expenses
|
-95m
USD
|
Net Income
|
925m
USD
|
Income Statement
Eastman Chemical Co
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
9 348
N/A
|
9 368
+0%
|
9 443
+1%
|
9 527
+1%
|
9 665
+1%
|
9 738
+1%
|
9 772
+0%
|
9 648
-1%
|
9 441
-2%
|
9 205
-2%
|
9 045
-2%
|
9 008
0%
|
9 075
+1%
|
9 197
+1%
|
9 375
+2%
|
9 549
+2%
|
9 853
+3%
|
10 055
+2%
|
10 137
+1%
|
10 151
+0%
|
9 924
-2%
|
9 666
-3%
|
9 444
-2%
|
9 273
-2%
|
9 134
-1%
|
8 695
-5%
|
8 492
-2%
|
8 473
0%
|
8 641
+2%
|
9 370
+8%
|
9 968
+6%
|
10 476
+5%
|
10 781
+3%
|
10 912
+1%
|
10 901
0%
|
10 580
-3%
|
10 278
-3%
|
9 818
-4%
|
9 376
-5%
|
9 210
-2%
|
9 108
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(6 593)
|
(6 633)
|
(6 761)
|
(7 306)
|
(7 383)
|
(7 393)
|
(7 368)
|
(7 068)
|
(6 883)
|
(6 762)
|
(6 676)
|
(6 651)
|
(6 754)
|
(6 851)
|
(6 979)
|
(7 186)
|
(7 514)
|
(7 642)
|
(7 667)
|
(7 672)
|
(7 452)
|
(7 309)
|
(7 241)
|
(7 039)
|
(6 897)
|
(6 676)
|
(6 546)
|
(6 498)
|
(6 645)
|
(7 064)
|
(7 501)
|
(7 976)
|
(8 329)
|
(8 471)
|
(8 581)
|
(8 443)
|
(8 162)
|
(7 788)
|
(7 403)
|
(7 149)
|
(7 044)
|
|
Gross Profit |
2 755
N/A
|
2 735
-1%
|
2 682
-2%
|
2 221
-17%
|
2 282
+3%
|
2 345
+3%
|
2 404
+3%
|
2 580
+7%
|
2 558
-1%
|
2 443
-4%
|
2 369
-3%
|
2 357
-1%
|
2 321
-2%
|
2 346
+1%
|
2 396
+2%
|
2 363
-1%
|
2 339
-1%
|
2 413
+3%
|
2 470
+2%
|
2 479
+0%
|
2 472
0%
|
2 357
-5%
|
2 203
-7%
|
2 234
+1%
|
2 237
+0%
|
2 019
-10%
|
1 946
-4%
|
1 975
+1%
|
1 996
+1%
|
2 306
+16%
|
2 467
+7%
|
2 500
+1%
|
2 452
-2%
|
2 441
0%
|
2 320
-5%
|
2 137
-8%
|
2 116
-1%
|
2 030
-4%
|
1 973
-3%
|
2 061
+4%
|
2 064
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(839)
|
(836)
|
(856)
|
(982)
|
(997)
|
(1 020)
|
(1 035)
|
(1 013)
|
(1 014)
|
(992)
|
(985)
|
(921)
|
(893)
|
(874)
|
(852)
|
(826)
|
(832)
|
(838)
|
(832)
|
(932)
|
(943)
|
(928)
|
(924)
|
(989)
|
(957)
|
(932)
|
(929)
|
(1 014)
|
(1 022)
|
(1 075)
|
(1 101)
|
(626)
|
(642)
|
(639)
|
(620)
|
(886)
|
(908)
|
(941)
|
(959)
|
(1 044)
|
(1 044)
|
|
Selling, General & Administrative |
(642)
|
(634)
|
(646)
|
(755)
|
(767)
|
(789)
|
(796)
|
(771)
|
(774)
|
(754)
|
(757)
|
(707)
|
(699)
|
(706)
|
(705)
|
(729)
|
(737)
|
(742)
|
(736)
|
(714)
|
(714)
|
(693)
|
(682)
|
(691)
|
(664)
|
(654)
|
(656)
|
(654)
|
(678)
|
(725)
|
(761)
|
(795)
|
(798)
|
(779)
|
(751)
|
(726)
|
(719)
|
(721)
|
(708)
|
(727)
|
(727)
|
|
Research & Development |
(197)
|
(202)
|
(210)
|
(227)
|
(230)
|
(231)
|
(239)
|
(242)
|
(240)
|
(238)
|
(228)
|
(223)
|
(222)
|
(225)
|
(230)
|
(227)
|
(226)
|
(228)
|
(229)
|
(235)
|
(237)
|
(234)
|
(233)
|
(234)
|
(237)
|
(232)
|
(229)
|
(226)
|
(223)
|
(234)
|
(244)
|
(254)
|
(261)
|
(265)
|
(267)
|
(264)
|
(261)
|
(254)
|
(246)
|
(239)
|
(236)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
(8)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
9
|
28
|
57
|
83
|
130
|
131
|
132
|
133
|
17
|
8
|
(1)
|
(9)
|
(64)
|
(56)
|
(46)
|
(37)
|
(126)
|
(121)
|
(116)
|
(95)
|
423
|
417
|
405
|
398
|
104
|
72
|
34
|
(5)
|
(78)
|
(81)
|
|
Operating Income |
1 916
N/A
|
1 899
-1%
|
1 826
-4%
|
1 239
-32%
|
1 285
+4%
|
1 325
+3%
|
1 369
+3%
|
1 567
+14%
|
1 544
-1%
|
1 451
-6%
|
1 384
-5%
|
1 436
+4%
|
1 428
-1%
|
1 472
+3%
|
1 544
+5%
|
1 537
0%
|
1 507
-2%
|
1 575
+5%
|
1 638
+4%
|
1 547
-6%
|
1 529
-1%
|
1 429
-7%
|
1 279
-10%
|
1 245
-3%
|
1 280
+3%
|
1 087
-15%
|
1 017
-6%
|
961
-6%
|
974
+1%
|
1 231
+26%
|
1 366
+11%
|
1 874
+37%
|
1 810
-3%
|
1 802
0%
|
1 700
-6%
|
1 251
-26%
|
1 208
-3%
|
1 089
-10%
|
1 014
-7%
|
1 017
+0%
|
1 020
+0%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(171)
|
(170)
|
(162)
|
(167)
|
(182)
|
(198)
|
(215)
|
(254)
|
(251)
|
(254)
|
(265)
|
(269)
|
(250)
|
(249)
|
(242)
|
(234)
|
(232)
|
(232)
|
(235)
|
(230)
|
(229)
|
(222)
|
(217)
|
(217)
|
(218)
|
(219)
|
(220)
|
(211)
|
(208)
|
(202)
|
(193)
|
(192)
|
(179)
|
(179)
|
(179)
|
(179)
|
(204)
|
(211)
|
(223)
|
(216)
|
(210)
|
|
Non-Reccuring Items |
(86)
|
(61)
|
(129)
|
(77)
|
(173)
|
(180)
|
(130)
|
(183)
|
(72)
|
(64)
|
(73)
|
(118)
|
(115)
|
(123)
|
(90)
|
(14)
|
23
|
26
|
22
|
(7)
|
(76)
|
(97)
|
(98)
|
(126)
|
(108)
|
(231)
|
(283)
|
(220)
|
(213)
|
(582)
|
(595)
|
(600)
|
(601)
|
(105)
|
(43)
|
(95)
|
(120)
|
(106)
|
(101)
|
286
|
297
|
|
Total Other Income |
(3)
|
5
|
2
|
(5)
|
(6)
|
(19)
|
(41)
|
(1)
|
(25)
|
(16)
|
7
|
0
|
4
|
0
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
1 656
N/A
|
1 673
+1%
|
1 537
-8%
|
990
-36%
|
924
-7%
|
928
+0%
|
983
+6%
|
1 129
+15%
|
1 196
+6%
|
1 117
-7%
|
1 053
-6%
|
1 049
0%
|
1 067
+2%
|
1 102
+3%
|
1 216
+10%
|
1 289
+6%
|
1 298
+1%
|
1 369
+5%
|
1 425
+4%
|
1 310
-8%
|
1 224
-7%
|
1 110
-9%
|
964
-13%
|
902
-6%
|
954
+6%
|
637
-33%
|
514
-19%
|
530
+3%
|
553
+4%
|
447
-19%
|
578
+29%
|
1 082
+87%
|
1 030
-5%
|
1 518
+47%
|
1 478
-3%
|
977
-34%
|
884
-10%
|
772
-13%
|
690
-11%
|
1 087
+58%
|
1 107
+2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(498)
|
(489)
|
(450)
|
(235)
|
(231)
|
(228)
|
(237)
|
(275)
|
(263)
|
(226)
|
(187)
|
(190)
|
(180)
|
(178)
|
(201)
|
(240)
|
(238)
|
(267)
|
(220)
|
(246)
|
(241)
|
(204)
|
(218)
|
(140)
|
(141)
|
(53)
|
(32)
|
(41)
|
(47)
|
(115)
|
(57)
|
(215)
|
(204)
|
(291)
|
(304)
|
(181)
|
(190)
|
(63)
|
(103)
|
(191)
|
(180)
|
|
Income from Continuing Operations |
1 158
|
1 184
|
1 087
|
755
|
693
|
700
|
746
|
854
|
933
|
891
|
866
|
859
|
887
|
924
|
1 015
|
1 049
|
1 060
|
1 102
|
1 205
|
1 064
|
983
|
906
|
746
|
762
|
813
|
584
|
482
|
489
|
506
|
332
|
521
|
867
|
826
|
1 227
|
1 174
|
796
|
694
|
709
|
587
|
896
|
927
|
|
Income to Minority Interest |
(7)
|
(7)
|
(8)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(4)
|
(5)
|
(6)
|
(6)
|
(6)
|
(4)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(5)
|
(7)
|
(10)
|
(11)
|
(12)
|
(11)
|
(10)
|
(10)
|
(8)
|
(7)
|
(4)
|
(3)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
|
Net Income (Common) |
1 151
N/A
|
1 179
+2%
|
1 081
-8%
|
751
-31%
|
689
-8%
|
694
+1%
|
740
+7%
|
848
+15%
|
928
+9%
|
886
-5%
|
862
-3%
|
854
-1%
|
881
+3%
|
918
+4%
|
1 009
+10%
|
1 384
+37%
|
1 396
+1%
|
1 448
+4%
|
1 537
+6%
|
1 080
-30%
|
999
-8%
|
913
-9%
|
767
-16%
|
759
-1%
|
808
+6%
|
577
-29%
|
472
-18%
|
478
+1%
|
494
+3%
|
321
-35%
|
511
+59%
|
857
+68%
|
818
-5%
|
1 220
+49%
|
1 170
-4%
|
793
-32%
|
692
-13%
|
708
+2%
|
585
-17%
|
894
+53%
|
925
+3%
|
|
EPS (Diluted) |
7.52
N/A
|
7.79
+4%
|
7.19
-8%
|
4.96
-31%
|
4.6
-7%
|
4.63
+1%
|
4.94
+7%
|
5.66
+15%
|
6.23
+10%
|
5.94
-5%
|
5.8
-2%
|
5.77
-1%
|
5.98
+4%
|
6.27
+5%
|
6.93
+11%
|
9.47
+37%
|
9.64
+2%
|
10.05
+4%
|
10.79
+7%
|
7.55
-30%
|
7.13
-6%
|
6.56
-8%
|
5.56
-15%
|
5.48
-1%
|
5.91
+8%
|
4.23
-28%
|
3.46
-18%
|
3.5
+1%
|
3.6
+3%
|
2.36
-34%
|
3.72
+58%
|
6.25
+68%
|
6.25
N/A
|
9.65
+54%
|
9.56
-1%
|
6.35
-34%
|
5.78
-9%
|
5.91
+2%
|
4.9
-17%
|
7.49
+53%
|
7.82
+4%
|