Eastman Chemical Company (EMN)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,394,000 | 1,217,000 | 1,124,000 | 1,068,000 | 1,056,000 | 1,010,000 | 1,075,000 | 1,221,000 | 1,285,000 | 1,705,000 | 1,771,000 | 1,718,000 | 1,742,000 | 1,462,000 | 1,347,000 | 1,095,000 | 1,095,000 | 1,061,000 | 1,133,000 | 1,336,000 |
| Revenue (ttm) | US$ in thousands | 9,377,000 | 9,337,000 | 10,923,000 | 10,887,000 | 10,991,000 | 11,159,000 | 9,818,000 | 10,278,000 | 10,580,000 | 10,901,000 | 10,912,000 | 10,781,000 | 10,476,000 | 9,968,000 | 9,370,000 | 8,641,000 | 8,473,000 | 8,492,000 | 8,695,000 | 9,134,000 |
| Operating profit margin | 14.87% | 13.03% | 10.29% | 9.81% | 9.61% | 9.05% | 10.95% | 11.88% | 12.15% | 15.64% | 16.23% | 15.94% | 16.63% | 14.67% | 14.38% | 12.67% | 12.92% | 12.49% | 13.03% | 14.63% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,394,000K ÷ $9,377,000K
= 14.87%
The operating profit margin of Eastman Chemical Company has shown fluctuations over the period under review. The margin stood at 14.63% as of March 31, 2020, and gradually declined to 12.49% by September 30, 2020. Subsequently, there was a slight increase to 12.92% by December 31, 2020.
From March 31, 2021, the operating profit margin experienced some variability with fluctuations between 12.67% and 16.63%. Despite some ups and downs, the margin showed an overall improving trend until June 30, 2022, where it reached 16.23%.
However, from September 30, 2022, the operating profit margin started to decline, reaching 9.05% by September 30, 2023. There was a slight recovery to 9.61% by December 31, 2023, which was followed by a continuing but slight increase up to 14.87% as of December 31, 2024.
Overall, the operating profit margin of Eastman Chemical Company has displayed fluctuations over the period in question, with peaks and troughs reflecting changes in the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2024