Eastman Chemical Company (EMN) — Free Cash Flow Yield
Basic Materials
Eastman Chemical Company operates as a specialty materials company in the United States, China, and internationally. The company's Additives & Functional Products segment offers amine derivative-based building blocks, intermediates for surfactants, metam-based soil fumigants, and organic acid-based solutions; specialty coalescent and solvents, paint additives, and specialty polymers; and heat transfer and aviation fluids. It serves transportation, personal care, wellness, food, feed, agriculture, building and construction, water treatment, energy, consumables, durables, and electronics markets. Its Advanced Materials segment provides copolyesters, cellulosic biopolymers, polyvinyl butyral sheets, polyester films and window and protective films for value-added end uses in the transportation, durables, electronics, building and construction, medical and pharma, and consumables end-markets. The company's Chemical Intermediates segment offers olefin and acetyl derivatives, methylamines and salts, higher amines and solvents, ethylene, and commodity solvents; and primary non-phthalate and phthalate plasticizers, and niche non-phthalate plasticizers for industrial chemicals and processing, building and construction, health and wellness, and food and feed. Its Fibers segment provides cellulose acetate tow, triacetin, cellulose acetate flake, acetic acid, and acetic anhydride for use in filtration media primarily cigarette filters; natural and solution dyed acetate yarns, and staple fiber for use in consumables, and health and wellness markets; and wet-laid nonwoven media, specialty and engineered papers, and cellulose acetate fibers for transportation, industrial, agriculture and mining, and aerospace markets. Eastman Chemical Company was founded in 1920 and is headquartered in Kingsport, Tennessee.
| Metric | Value |
|---|---|
| FCF Yield | 5.0% |
| Basic Materials Sector Avg FCF Yield | 3.5% |
| Annual Free Cash Flow | $424M |
| Market Cap | $8.5B |
| P/E Ratio | 19.3x |
Eastman Chemical Company's FCF yield of 5.0% is above the Basic Materials sector average (3.5%).
Frequently Asked Questions
What is Eastman Chemical Company's (EMN) free cash flow yield?
Eastman Chemical Company's (EMN) free cash flow yield is 5.0%. That is above the Basic Materials sector average (3.5%).
Is EMN's free cash flow yield good?
At 5.0%, EMN's free cash flow yield is considered fair — yields above 10% are generally excellent, 7–10% good, 4–7% fair, and below 4% weak, though context varies by sector and growth stage.
How much free cash flow does Eastman Chemical Company generate?
Eastman Chemical Company generated $424M in free cash flow, against a market cap of $8.5B.
How is free cash flow yield calculated?
Free cash flow yield = (Free Cash Flow ÷ Market Capitalization) × 100%. Free cash flow equals operating cash flow minus capital expenditures.
Data from public filings. Not investment advice. Calculate your own FCF yield →