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Eastman Chemical Co (Eastman Chemical Co) Retained Earnings : $9,490 Mil (As of Dec. 2023)


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What is Eastman Chemical Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Eastman Chemical Co's retained earnings for the quarter that ended in Dec. 2023 was $9,490 Mil.

Eastman Chemical Co's quarterly retained earnings increased from Jun. 2023 ($9,190 Mil) to Sep. 2023 ($9,274 Mil) and increased from Sep. 2023 ($9,274 Mil) to Dec. 2023 ($9,490 Mil).

Eastman Chemical Co's annual retained earnings increased from Dec. 2021 ($8,557 Mil) to Dec. 2022 ($8,973 Mil) and increased from Dec. 2022 ($8,973 Mil) to Dec. 2023 ($9,490 Mil).


Eastman Chemical Co Retained Earnings Historical Data

The historical data trend for Eastman Chemical Co's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eastman Chemical Co Retained Earnings Chart

Eastman Chemical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,965.00 8,080.00 8,557.00 8,973.00 9,490.00

Eastman Chemical Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,973.00 9,013.00 9,190.00 9,274.00 9,490.00

Eastman Chemical Co Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Eastman Chemical Co  (NYSE:EMN) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Eastman Chemical Co (Eastman Chemical Co) Business Description

Traded in Other Exchanges
Address
200 South Wilcox Drive, Kingsport, TN, USA, 37662
Established in 1920 to produce chemicals for Eastman Kodak, Eastman Chemical has grown into a global specialty chemicals company with manufacturing sites around the world. The company generates the majority of its sales outside of the United States, with a strong presence in Asian markets. During the past several years, Eastman has sold noncore businesses, choosing to focus on higher-margin specialty product offerings.
Executives
Adrian James Holt officer: SVP, Chf HR Ofcr 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Julie A. Mcalindon officer: SVP SupChn,Regions&Transform 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Linnie M Haynesworth director 214 N TRYON STREET, CHARLOTTE NC 28202
Brian Travis Smith officer: SVP, Add & Funct Prod 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Eric L Butler director 1400 DOUGLAS STREET, STOP 1210, OMAHA NE 68179
Mark K Cox officer: Senior Vice President 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Christopher Moore Killian officer: SVP & CTO 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Stephen Glenn Crawford officer: SVP & CTO 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Michelle Renee Stewart officer: CAO & Controller 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Brad A Lich officer: Executive Vice President 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Mark J Costa director, officer: Chief Executive Officer 200 SOUTH WILCOX DRIVE, P.O. BOX 431, KINGSPORT TN 37660
Perry Stuckey officer: SVP, Chf HR Ofcr 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Scott V. King officer: VP, Finance & CAO 100 N. EASTMAN ROAD, B54, KINGSPORT TN 37660
Lucian Boldea officer: Senior Vice President 855 S. MINT STREET, CHARLOTTE NC 28202
Vanessa Allen Sutherland director 650 W PEACHTREE ST NW, ATLANTA GA 30308

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