Eastman Chemical Company
Financial ratios & Valuation

Forward Multiples (2025 – 2027)

202520262027
Price/Earnings ratio
7.597.195.45
Price/Sales ratio
0.910.850.78
Earnings per Share (EPS)
$8.79$9.28$12.25

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
15.1011.8312.799.109.5514.3428.4219.0314.0111.9112.069.55
Price/Sales ratio
1.191.031.221.401.011.171.601.551.051.151.131.01
Price/Book Value ratio
3.232.542.432.441.771.822.252.852.151.951.881.77
Price/Cash Flow ratio
8.086.227.998.096.697.249.3310.0711.407.758.906.69
Price/Free Cash Flow ratio
14.0510.4414.5913.3010.1710.0912.6715.6631.6719.6917.8710.17
Price/Earnings Growth ratio
-0.450.874.290.12-0.38-0.51-0.780.23-1.780.4114.06-0.38
Dividend Yield
1.85%2.37%2.45%2.20%3.08%3.14%2.63%2.29%3.42%3.52%3.55%3.08%
Profitability Indicator Ratios
Gross Profit Margin
23.31%26.74%26.25%25.79%24.42%24.09%23.30%23.86%20.19%22.37%23.59%24.09%
Operating Profit Margin
12.19%14.34%15.58%16.17%15.00%13.43%11.42%17.94%11.85%11.88%13.03%13.43%
Pretax Profit Margin
10.39%11.70%11.87%13.63%12.90%9.72%6.25%10.32%9.23%11.80%12.91%12.90%
Net Profit Margin
7.88%8.78%9.61%15.43%10.63%8.18%5.64%8.18%7.49%9.70%9.47%9.47%
Effective Tax Rate
23.73%24.35%18.59%-13.59%17.25%15.52%7.73%19.87%18.52%17.57%26.36%17.25%
Return on Assets
4.67%5.43%5.60%9.21%6.75%4.74%2.97%5.52%5.40%6.10%5.87%5.87%
Return On Equity
21.39%21.51%19.05%26.82%18.61%12.73%7.93%15.02%15.38%16.37%15.89%15.89%
Return on Capital Employed
8.27%10.21%10.27%11.02%10.76%8.76%6.89%14.98%10.98%9.08%9.75%8.76%
Liquidity Ratios
Current Ratio
1.561.391.591.581.811.851.73N/AN/AN/A1.521.85
Quick Ratio
0.820.680.810.820.960.921.061.050.570.690.780.92
Cash ratio
0.100.140.100.090.120.110.270.150.150.210.240.12
Days of Sales Outstanding
45.9739.2649.0652.9753.3238.5744.4955.0444.0545.7352.0738.57
Days of Inventory outstanding
75.3876.3777.1477.7275.3186.1877.4568.8281.8785.9297.4175.31
Operating Cycle
121.36115.64126.21130.70128.63124.75121.95123.87125.93131.66149.48128.63
Days of Payables Outstanding
41.3136.0938.6843.3743.4846.1544.8856.1957.0259.73107.9043.48
Cash Conversion Cycle
80.0479.5487.5387.3385.1578.6077.0767.6868.9171.9241.5878.60
Debt Ratios
Debt Ratio
0.460.450.420.400.380.360.340.330.350.330.330.36
Debt Equity Ratio
2.151.781.451.191.060.970.930.900.990.880.890.97
Long-term Debt to Capitalization
0.670.620.580.520.500.480.460.430.430.440.440.48
Total Debt to Capitalization
0.680.640.590.540.510.490.480.470.490.470.470.49
Interest Coverage Ratio
6.105.615.086.316.395.925.11N/AN/AN/A5.555.92
Cash Flow to Debt Ratio
0.180.220.210.250.250.260.250.310.180.280.230.26
Company Equity Multiplier
4.573.963.402.912.752.682.672.722.842.682.662.68
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.140.160.150.170.150.160.170.150.090.140.120.16
Free Cash Flow / Operating Cash Flow Ratio
0.570.590.540.600.650.710.730.640.360.390.490.71
Cash Flow Coverage Ratio
0.180.220.210.250.250.260.250.310.180.280.230.26
Short Term Coverage Ratio
4.663.744.894.216.348.794.162.160.862.532.678.79
Dividend Payout Ratio
27.96%28.06%31.40%20.08%29.44%45.19%74.89%43.75%48.04%42.05%42.82%29.44%