Eastman Chemical Company
EMNFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
9,382
Cost of Revenue
7,092
Gross Profit
2,290
Gross Margin
24.4%
Operating Income
1,376
Operating Margin
14.7%
Net Income
905
Net Margin
9.6%
EPS (Basic)
$7.75
EPS (Diluted)
$7.67
EBITDA
1,803
EBITDA Margin
19.2%
2023
12/31/2023
Revenue
9,198
Cost of Revenue
7,136
Gross Profit
2,062
Gross Margin
22.4%
Operating Income
1,096
Operating Margin
11.9%
Net Income
894
Net Margin
9.7%
EPS (Basic)
$7.54
EPS (Diluted)
$7.49
EBITDA
1,807
EBITDA Margin
19.6%
2022
12/31/2022
Revenue
10,535
Cost of Revenue
8,479
Gross Profit
2,056
Gross Margin
19.5%
Operating Income
1,084
Operating Margin
10.3%
Net Income
793
Net Margin
7.5%
EPS (Basic)
$6.42
EPS (Diluted)
$6.35
EBITDA
1,636
EBITDA Margin
15.5%
2021
12/31/2021
Revenue
10,483
Cost of Revenue
7,965
Gross Profit
2,518
Gross Margin
24.0%
Operating Income
1,469
Operating Margin
14.0%
Net Income
857
Net Margin
8.2%
EPS (Basic)
$6.35
EPS (Diluted)
$6.25
EBITDA
1,812
EBITDA Margin
17.3%
2020
12/31/2020
Revenue
8,464
Cost of Revenue
6,459
Gross Profit
2,005
Gross Margin
23.7%
Operating Income
1,125
Operating Margin
13.3%
Net Income
478
Net Margin
5.6%
EPS (Basic)
$3.53
EPS (Diluted)
$3.50
EBITDA
1,309
EBITDA Margin
15.5%