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EMN (Eastman Chemical Co) Gross-Profit-to-Asset % : 16.13% (As of Sep. 2024)


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What is Eastman Chemical Co Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Eastman Chemical Co's annualized Gross Profit for the quarter that ended in Sep. 2024 was $2,420 Mil. Eastman Chemical Co's average Total Assets over the quarter that ended in Sep. 2024 was $15,003 Mil. Therefore, Eastman Chemical Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 16.13%.


Eastman Chemical Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Eastman Chemical Co's Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Chart

Eastman Chemical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.96 12.31 15.82 14.16 14.07

Eastman Chemical Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross-Profit-to-Asset % 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 13.19 12.70 14.49 16.14 16.13

Competitive Comparison of Eastman Chemical Co's Gross-Profit-to-Asset %

For the Specialty Chemicals subindustry, Eastman Chemical Co's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eastman Chemical Co's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Eastman Chemical Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Eastman Chemical Co's Gross-Profit-to-Asset % falls into.



Eastman Chemical Co Gross-Profit-to-Asset % Calculation

Eastman Chemical Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=2061/( (14667+14633)/ 2 )
=2061/14650
=14.07 %

Eastman Chemical Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=2420/( (14945+15060)/ 2 )
=2420/15002.5
=16.13 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Eastman Chemical Co Gross-Profit-to-Asset % Related Terms

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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 chemical 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
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
Stephen Glenn Crawford officer: SVP & CTO 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Julie A. Mcalindon officer: SVP SupChn,Regions&Transform 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Christopher Moore Killian officer: SVP & CTO 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
David W Raisbeck director C/O CARDINAL HEALTH INC, 7000 CARDINAL PLACE, DUBLIN OH 43235
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
Michelle Renee Stewart officer: CAO & Controller 200 SOUTH WILCOX DRIVE, 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