Eastman Chemical Co's EBIT per Share for the
three
months ended in Dec. 2023 was $4.02.
Its EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $11.00.
During the past 12 months, the average EBIT per Share Growth Rate of Eastman Chemical Co was -11.70% per year.
During the past 3 years, the average EBIT per Share Growth Rate was 3.20% per year.
During the past 5 years, the average EBIT per Share Growth Rate was -0.70% per year.
During the past 10 years, the average EBIT per Share Growth Rate was -0.50% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.
The historical rank and industry rank for Eastman Chemical Co's EBIT per Share or its related term are showing as below:
EMN'
s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -29.9 Med: 4.1 Max: 48.6
Current: 3.2
During the past 13 years, the highest 3-Year average EBIT per Share Growth Rate of Eastman Chemical Co was 48.60% per year. The lowest was -29.90% per year. And the median was 4.10% per year.
EMN's 3-Year EBIT Growth Rate is ranked worse than 55.58% of 1299
companies
in the Chemicals industry
Industry Median: 7.4
vs EMN: 3.20
Eastman Chemical Co EBIT per Share Historical Data
The historical data trend for Eastman Chemical Co's EBIT per Share 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.
EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $11.00
* 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.
Eastman Chemical Co (NYSE:EMN) EBIT per Share Explanation
EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.
Eastman Chemical Co EBIT per Share Related Terms
Thank you for viewing the detailed overview of Eastman Chemical Co's EBIT per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Eastman Chemical Co (Eastman Chemical Co) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
EMN has been successfully added to your 