CSIMarket
 


Eastman Chemical Co  (EMN)
Other Ticker:  
 
 

EMN's Net Income Growth by Quarter and Year

Eastman Chemical Co's Net Income results by quarter and year




EMN Net Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December - 2.00 380.00 34.00
III Quarter September 179.00 301.00 354.00 165.00
II Quarter June 272.00 257.00 -144.00 30.00
I Quarter March 134.00 236.00 277.00 260.00
FY   585.00 796.00 867.00 489.00



EMN Net Income third quarter 2023 Y/Y Growth Comment
Eastman Chemical Co reported fall in Net Income in the third quarter 2023 by -40.53% to $ 179.00 millions, from the same quarter in 2022.
The drop in the third quarter 2023 Eastman Chemical Co's Net Income compares unfavorably to the Company's average Net Income rise of 23.96%.

Looking into third quarter 2023 results within Chemicals - Plastics & Rubber industry 3 other companies have achieved higher Net Income growth. While Eastman Chemical Co' s Net Income drop of -40.53% ranks overall at the positon no. 191 in the third quarter 2023.




EMN Net Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December - -99.47 % 1017.65 % 25.93 %
III Quarter September -40.53 % -14.97 % 114.55 % -38.2 %
II Quarter June 5.84 % - - -88.42 %
I Quarter March -43.22 % -14.8 % 6.54 % 24.4 %
FY   - -8.19 % 77.3 % -35.83 %

Financial Statements
Eastman Chemical Co's third quarter 2023 Net Income $ 179.00 millions EMN's Income Statement
Eastman Chemical Co's third quarter 2022 Net Income $ 301.00 millions Quarterly EMN's Income Statement
New: More EMN's historic Net Income Growth >>


EMN Net Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - -99.34 % 7.34 % -79.39 %
III Quarter September -34.19 % 17.12 % - 450 %
II Quarter June 102.99 % 8.9 % - -88.46 %
I Quarter March 6600 % -37.89 % 714.71 % 862.96 %
FY (Year on Year)   - -8.19 % 77.3 % -35.83 %




Net Income third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Chemicals - Plastics & Rubber Industry #4
Basic Materials Sector #17
Overall #191

Net Income Y/Y Growth Statistics
High Average Low
332.54 % 23.96 % -62.78 %
(Sep. 30. 2005)   (Sep. 30. 2009)
Net Income third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Chemicals - Plastics & Rubber Industry #4
Basic Materials Sector #17
Overall #191
Net Income Y/Y Growth Statistics
High Average Low
332.54 % 23.96 % -62.78 %
(Sep. 30. 2005)   (Sep. 30. 2009)

Net Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Eastman Chemical Co's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
6600 % 211.38 % -99.34 %
(Mar 31 2023)  


EMN's III. Quarter Q/Q Net Income Comment
In the III. Quarter 2023 Eastman Chemical Co disclosed fall in Net Income sequentially by -34.19% to $ 179.00 millions, from $ 272.00 millions declared a quarter before.

Even seasonal influence have not recover the III. Quarter for the Eastman Chemical Co, Charlie  Brown, a business insider situated in London pointed out.

Within Chemicals - Plastics & Rubber industry 3 other companies have achieved higher Net Income quarter on quarter growth. While Eastman Chemical Co's Net Income growth quarter on quarter, overall rank is 279.


Net Income Q/Q Growth Company Ranking
Within: No.
Chemicals - Plastics & Rubber Industry #4
Basic Materials Sector #25
Overall #279
Net Income Q/Q Growth Company Ranking
Within: No.
Chemicals - Plastics & Rubber Industry #4
Basic Materials Sector #25
Overall #279
Net Income Q/Q Growth Statistics
High Average Low
6600 % 211.38 % -99.34 %
(Mar 31 2023)  


EMN's III. Quarter Q/Q Net Income Comment
In the III. Quarter 2023 Eastman Chemical Co reported fall in Net Income sequentially by -34.19% to $ 179.00 millions, from $ 272.00 millions declared in the previous quarter.

Even periodic factors that normally elevate III. Quarter 2023 performance, could not recover the III. Quarter for the Eastman Chemical Co, Charlie  Brown, a business insider situated in London pointed out, he mentioned some skepticism conserning Eastman Chemical Co's direction, he detected further difficulties down the road for Eastman Chemical Co.

Within Chemicals - Plastics & Rubber industry 3 other companies have achieved higher Net Income quarter on quarter growth. While Eastman Chemical Co's Net Income growth quarter on quarter, overall rank is 279.


Eastman Chemical Co's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
Cumulative Net Income 12 Months Ending $ 587.00 $ 709.00 $ 694.00 $ 796.00 $ 1,174.00
Y / Y Net Income Growth (TTM) -50 % -42.22 % -15.98 % -8.19 % 125.34 %
Year on Year Net Income Growth Overall Ranking # 24 # 11 # 51 # 257 # 87
Seqeuential Net Income Change (TTM) -17.21 % 2.16 % -12.81 % -32.2 % -4.32 %
Seq. Net Income Growth (TTM) Overall Ranking # 191 # 414 # 210 # 391 # 520




Cumulative Net Income growth Comment
Eastman Chemical Co's cumulative 12 months Net Income continue to drop, but on the faster rate at -50% year on year, at Sep 30 2023 compare to the -42.22% decrease at Jun 30 2023. If the Eastman Chemical Co's fiscal year would end at Sep 30 2023, annual Net Income would be $587 millions.

Looking into Basic Materials sector trailing twelve month Net Income increase, only one company had higher growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 11 to 24.

Net Income TTM Q/Q Growth Statistics
High Average Low
332.54 %
23.96 %
-62.78 %
 

Net Income TTM Y/Y Growth Company Ranking
Within: No.
Chemicals - Plastics & Rubber Industry # 4
Basic Materials Sector # 2
Overall # 24

Net Income TTM Y/Y Growth Statistics
High Average Low
332.54 %
23.96 %
-62.78 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 4
Sector # 17
S&P 500 # 191
Cumulative Net Income growth Comment
Eastman Chemical Co's cumulative 12 months Net Income continue to drop, but on the faster rate at -50% year on year, at Sep 30 2023 compare to the -42.22% decrease at Jun 30 2023. If the Eastman Chemical Co's fiscal year would end at Sep 30 2023, annual Net Income would be $587 millions.

Looking into Basic Materials sector trailing twelve month Net Income increase, only one company had higher growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 11 to 24.

Net Income TTM Q/Q Growth Statistics
High Average Low
332.54 %
23.96 %
-62.78 %
 


Net Income TTM Y/Y Growth Company Ranking
Within: No.
Chemicals - Plastics & Rubber Industry # 4
Basic Materials Sector # 2
Overall # 24

Net Income TTM Y/Y Growth Statistics
High Average Low
332.54 %
23.96 %
-62.78 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 4
Sector # 17
S&P 500 # 191




Other Net Income Growth
Chemicals - Plastics & Rubber Industry Net Income Growth Trends and Statistics
Basic Materials Sector Net Income Growth Statistics
Net Income Growth Trends for overall market
EMN's Net Income Growth Ratio versus Chemicals - Plastics & Rubber Industry, Basic Materials Sector and total Market
Highest Ranking Net Income Growth
Lowest Ranking Net Income Growth
Net Income Growth for EMN's Competitors
Net Income Growth for Eastman Chemical Co's Suppliers
Net Income Growth for EMN's Customers

You may also want to know
EMN's Annual Growth Rates EMN's Profitability Ratios EMN's Asset Turnover Ratio EMN's Dividend Growth
EMN's Roe EMN's Valuation Ratios EMN's Financial Strength Ratios EMN's Dividend Payout Ratio
EMN's Roa EMN's Inventory Turnover Ratio EMN's Growth Rates EMN's Dividend Comparisons



Companies with similar Net Income drop for the quarter ending Sep 30 2023 within Basic Materials SectorY/Y Change %Net Income for the quarter ending Sep 30 2023
Franklin Electric Co Inc -1.36%$ -1.363 millions
Church and Dwight Co Inc -5.13%$ -5.131 millions
Gatos Silver Inc -6.16%$ -6.164 millions
Myers Industries Inc -6.76%$ -6.759 millions
Green Plains Partners Lp-7.45%$ -7.446 millions
Graphic Packaging Holding Co-11.92%$ -11.917 millions
Sensient Technologies Corp-12.50%$ -12.497 millions
Dupont De Nemours Inc -12.77%$ -12.766 millions
Mueller Industries Inc-12.90%$ -12.903 millions
Novelis Inc -14.21%$ -14.208 millions
Now Inc -14.63%$ -14.634 millions
U s Silica Holdings Inc -16.23%$ -16.233 millions
Niocorp Developments Ltd -17.13%$ -17.127 millions
Orion S a -17.61%$ -17.610 millions
Haynes International Inc-19.64%$ -19.638 millions
Silgan Holdings Inc-20.25%$ -20.249 millions
Ufp Industries inc -22.03%$ -22.032 millions
Ecovyst Inc -22.28%$ -22.279 millions
Reliance Steel and Aluminum Co-24.95%$ -24.949 millions
Newmont Corporation-25.91%$ -25.909 millions
Westlake Corporation-28.40%$ -28.398 millions
Packaging Corp Of America-30.21%$ -30.210 millions
Fortune Brands Innovations Inc -33.15%$ -33.154 millions
Solaris Oilfield Infrastructure inc -33.65%$ -33.652 millions
Boise Cascade Company-34.85%$ -34.847 millions
Ryerson Holding Corporation-35.93%$ -35.935 millions
Veritiv Corporation-36.45%$ -36.448 millions
Steel Dynamics Inc-36.88%$ -36.876 millions
United States Steel Corp-38.98%$ -38.980 millions
Eastman Chemical Co-40.53%$ -40.532 millions




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2023 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com