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Profile - Eastman Chemical Company (NYSE:EMN)
As of 31-Aug-2001
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Upcoming Events
Oct  1Dividend payment of $0.44
Location
100 North Eastman Road
Kingsport, TN 37660
Phone: (423) 229-2000
Fax: (423) 229-8280
Employees (last reported count): 14,600
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Basic Materials
 ·Industry: Chemicals - Plastics & Rubber
Company Websites
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Index Membership
 ·S&P 500
Ownership
·Insider and 5%+ Owners: 13%
·Over the last 6 months:
 · 5 insider sells; 35.0K shares
  (0.3% of insider shares)
·Institutional: 75% (86% of float)
(639 institutions)
·Net Inst. Selling: 642.0K shares (+1.13%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Eastman Chemical Company (Eastman) is a global chemical company engaged in the manufacture and sale of a broad portfolio of chemicals, plastics, and fibers. Eastman is the world's largest supplier of polyethylene terephthalate for beverage bottles and is a leading supplier of ingredients for coatings, adhesives, specialty polymers, and inks, as well as cellulose acetate fibers. In 2000, the Company had sales revenue of $5.3 billion. The Company has two operating segments: Chemicals and Polymers.
More from Market Guide: Expanded Business Description

Financial Summary
EMN manufactures and sells polyester plastics such as polyethylene terephthalate (PET); coatings and paint raw materials; industrial and fine chemicals, and acetate tow. For the six months ended 6/30/01, revenues rose 8% to $2.75 billion. Net loss totaled $110 million vs. an income of $154 million. Revenues reflect higher selling prices and higher volumes resulting from acquisitions. Net loss reflects a $290 million write-off of impaired assets charge.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Compensation
PayExer

Earnest Deavenport, Jr., 62
Chairman, CEO
$3.0M$788K
James Rogers, 49
Sr. VP, CFO
1.2M--  
James Chitwood, 57
Sr. VP- Corp. Strategy and CTO
1.1M--  
Roger Mowen, Jr., 55
VP Global Customer Group, CIO
--  --  
Mark Joslin, 41
VP, Controller
--  --  
Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year.
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NYSE:EMNAs of 31-Aug-2001
Price and Volume
52-Week Low
on 13-Oct-2000
$35.063
Recent Price$38.79 
52-Week High
on 17-May-2001
$55.65 
Beta0.63 
Daily Volume (3-month avg)352.0K
Daily Volume (10-day avg)479.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y | max]
52-Week Change-9.8%
52-Week Change
relative to S&P500
+21.0%
Share-Related Items
Market Capitalization$2.98B
Shares Outstanding77.0M
Float66.9M
Dividends & Splits
Annual Dividend (indicated)$1.76 
Dividend Yield4.54%
Last Splitnone 
Per-Share Data
Book Value (mrq)$20.92 
Earnings (ttm)$0.51 
Earnings (mrq)-$1.91 
Sales (ttm)$71.63 
Cash (mrq)$0.91 
Valuation Ratios
Price/Book (mrq)1.85 
Price/Earnings (ttm)76.36 
Price/Sales (ttm)0.54 
Income Statements
Sales (ttm)$5.50B
EBITDA (ttm)$586.0M
Income available to common (ttm)$39.0M
Profitability
Profit Margin (ttm)0.7%
Operating Margin (ttm)2.8%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)0.60%
Return on Equity (ttm)2.22%
Financial Strength
Current Ratio (mrq)1.44 
Debt/Equity (mrq)1.47 
Total Cash (mrq)$70.0M
Short Interest
As of 8-Aug-2001
Shares Short257.0K
Percent of Float0.4%
Shares Short
(Prior Month)
243.0K
Short Ratio0.84 
Daily Volume307.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   B = billions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

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