Eastman Chemical Company (EMN) Releases Q4 2025 Earnings: Revenue Down 12%, EPS Falls 67%

Eastman Chemical Company (EMN) reported fourth-quarter 2025 results with total revenue of $1.97 billion, down 12.12% year‑over‑year. Gross profit declined to $338 million (-38.99% YoY) while operating profit fell sharply to $64 million (-81.66% YoY). Net income attributable to common shareholders was $105 million (-68.18% YoY) and diluted earnings per share were $0.92 (-67.26% YoY).

Key income-statement highlights:

Total revenue: $1.97 billion (down 12.12% YoY)

Gross profit: $338 million (down 38.99% YoY)

Operating profit: $64 million (down 81.66% YoY)

Net income attributable to common shareholders: $105 million (down 68.18% YoY)

Diluted earnings per share: $0.92 (down 67.26% YoY)

Balance sheet and cash-flow snapshot:

Cash from operating activities: $502 million (down 7.04% YoY)

Capital expenditures (purchases of property, plant and equipment): $112 million (cash outflow; down 37.43% YoY)

Cash and cash equivalents: $566 million (down 32.38% YoY)

Total liabilities: $8.82 billion (down 5.76% YoY)

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Eastman Chemical Company Insider Trading Activity

Eastman Chemical Company insiders have traded $EMN stock on the open market 11 times in the past 6 months. Of those trades, 11 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $EMN stock by insiders over the last 6 months:

MARK J COSTA (CEO & Board Chair) purchased 7,400 shares for an estimated $502,386
WILLIAM THOMAS JR. MCLAIN (EVP, CFO) purchased 3,670 shares for an estimated $252,239
BRAD A LICH (EVP & CCO) purchased 3,280 shares for an estimated $224,647
ERIC L BUTLER purchased 3,000 shares for an estimated $205,957
JULIE A. MCALINDON (SVP, Regions & Chf SupChn Ofcr) purchased 2,000 shares for an estimated $136,858
BRIAN TRAVIS SMITH (EVP, AFP, Mfg., WWEC & HSE) purchased 1,750 shares for an estimated $119,595
BRETT D BEGEMANN purchased 1,500 shares for an estimated $102,427
KIM ANN MINK purchased 1,450 shares for an estimated $100,600
DAMON J AUDIA purchased 1,465 shares for an estimated $100,477
JULIE FASONE HOLDER purchased 1,453 shares for an estimated $99,966
JAMES J /KY OBRIEN purchased 1,450 shares for an estimated $99,775

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Eastman Chemical Company Hedge Fund Activity

We have seen 289 institutional investors add shares of Eastman Chemical Company stock to their portfolio, and 468 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BLACKROCK, INC. added 5,746,631 shares (+72.2%) to their portfolio in Q4 2025, for an estimated $366,807,456
CAPITAL WORLD INVESTORS removed 1,857,386 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $118,556,948
STATE STREET CORP removed 1,820,270 shares (-32.0%) from their portfolio in Q4 2025, for an estimated $116,187,834
HIGHTOWER ADVISORS, LLC added 1,648,054 shares (+3448.7%) to their portfolio in Q4 2025, for an estimated $105,195,286
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 1,263,573 shares (-83.2%) from their portfolio in Q4 2025, for an estimated $80,653,864
GEODE CAPITAL MANAGEMENT, LLC removed 1,104,577 shares (-35.8%) from their portfolio in Q4 2025, for an estimated $70,505,149
VANGUARD GROUP INC removed 1,065,046 shares (-7.4%) from their portfolio in Q4 2025, for an estimated $67,981,886

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Eastman Chemical Company Analyst Ratings

Wall Street analysts have issued reports on $EMN in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Keybanc issued a "Overweight" rating on 01/09/2026
Citigroup issued a "Buy" rating on 12/18/2025
UBS issued a "Buy" rating on 11/05/2025
Wells Fargo issued a "Overweight" rating on 09/16/2025

To track analyst ratings and price targets for Eastman Chemical Company, check out Quiver Quantitative's $EMN forecast page.

Eastman Chemical Company Price Targets

Multiple analysts have issued price targets for $EMN recently. We have seen 10 analysts offer price targets for $EMN in the last 6 months, with a median target of $72.5.

Here are some recent targets:

Patrick Cunningham from Citigroup set a target price of $78.0 on 02/03/2026
David Begleiter from Deutsche Bank set a target price of $72.0 on 02/02/2026
Jeffrey Zekaukas from JP Morgan set a target price of $70.0 on 02/02/2026
Steve Byrne from B of A Securities set a target price of $79.0 on 02/02/2026
Arun Viswanathan from RBC Capital set a target price of $70.0 on 01/16/2026
Aleksey Yefremov from Keybanc set a target price of $74.0 on 01/09/2026
Michael Sison from Wells Fargo set a target price of $70.0 on 12/19/2025