Eastman Chemical Company (EMN)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 905,000 | 894,000 | 793,000 | 857,000 | 478,000 |
| Revenue | US$ in thousands | 9,382,000 | 9,210,000 | 10,580,000 | 10,476,000 | 8,473,000 |
| Net profit margin | 9.65% | 9.71% | 7.50% | 8.18% | 5.64% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $905,000K ÷ $9,382,000K
= 9.65%
The net profit margin of Eastman Chemical Company has shown a positive trend over the past five years, increasing from 5.64% in December 2020 to 9.65% in December 2024. This indicates that the company is effectively controlling its expenses and generating higher profits relative to its revenue. The improvement in net profit margin suggests increased efficiency in managing costs and maximizing profitability. Overall, Eastman Chemical Company has been successful in enhancing its bottom line performance and financial health over the analyzed period.
Peer comparison
Dec 31, 2024
Company name
Symbol
Net profit margin
Eastman Chemical Company
EMN
9.65%
AdvanSix Inc
ASIX
2.91%
Albemarle Corp
ALB
-21.93%
Avient Corp
AVNT
5.23%
Dow Inc
DOW
2.60%
Dupont De Nemours Inc
DD
6.28%
Hexcel Corporation
HXL
6.94%
Rogers Corporation
ROG
3.14%