EMN vs ESI vs GLW Stock Comparison

Eastman Chemical, Element Solutions and Corning Prices as of Oct 26, 2026 Peers: Industry group
EMN Eastman Chemical Co
$65.71 -1.9% 1M +4.8% 1Y
Market cap
$7.56B
P/E
17.1x
Revenue (TTM)
$8.87B
Div. yield
–
Specialty Chemicals Basic Materials
4 wins
ESI Element Solutions Inc
$33.53 -6.1% 1M +28.1% 1Y
Market cap
$8.45B
P/E
41.2x
Revenue (TTM)
$3.49B
Div. yield
–
Specialty Chemicals Basic Materials
1 win
GLW Corning Inc /Ny
$127.80 -18.4% 1M +46.2% 1Y
Market cap
$109.61B
P/E
57.7x
Revenue (TTM)
$16.96B
Div. yield
0.01%
Specialty Chemicals Basic Materials
6 wins

Head to Head

11 decided of 12

Corning leads on 6 of the 12 questions below (Corning 6, Eastman Chemical 4, Element Solutions 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEMNESIGLWLeader
Larger companyMarket capitalisation $7.56B $8.45B $109.61B GLW
Cheaper on earningsLower P/E, profitable companies only 17.1x 41.2x 57.7x EMN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 10.0x 19.5x 37.0x EMN
Faster revenue growthRevenue growth, trailing twelve months -4.5% +39.6% +19.4% ESI
More profitableNet margin, trailing twelve months 5.0% 5.9% 11.2% GLW
Better return on capitalReturn on invested capital 5.4% 5.4% 10.4% GLW
Less leveragedLower net debt / EBITDA 3.6x 3.2x 1.5x GLW
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.01% –
Better 1-year returnPrice return, last 12 months +4.8% +28.1% +46.2% GLW
Better 5-year returnAnnualised price return, 5 years -9.0%/yr +8.7%/yr +29.3%/yr GLW
Less volatileAnnualised volatility, 1 year 32.1% 46.8% 74.7% EMN
Higher overall scoreMean of the five percentile scores vs peers 57/100 50/100 57/100 EMN

Percentile Scorecard

EMNESIGLW

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisEMNESIGLW
Valuation 85 #15 of 94 38 #59 of 94 18 #77 of 94
Growth 28 #67 of 92 76 #23 of 92 99 #2 of 92
Profitability 58 #38 of 89 59 #37 of 89 81 #18 of 89
Financial Health 27 #71 of 97 46 #53 of 97 59 #40 of 97
Shareholder Returns 90 #8 of 70 30 #49 of 70 28 #51 of 70
Overall 57 50 57
  • EMN ranked among 99 companies in Chemicals
  • ESI ranked among 99 companies in Chemicals
  • GLW ranked among 99 companies in Chemicals

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodEMNESIGLWSPY
1 month -1.9%-6.1%-18.4% -0.8%
3 months -2.9%-11.4%-10.8% +3.5%
6 months -8.9%-16.9%-23.9% +7.0%
Year to date +2.9%+34.2%+46.0% +12.2%
1 year +4.8%+28.1%+46.2% +13.0%
3 years -9.5%+86.3%+380.6% +86.3%
3 years, per year -3.3%+23.1%+68.8% +23.1%
5 years -37.7%+51.5%+261.1% +68.6%
5 years, per year -9.0%+8.7%+29.3% +11.0%
10 years -2.0%+349.5%+455.2% +258.0%
10 years, per year -0.2%+16.2%+18.7% +13.6%

Risk

MeasureEMNESIGLWSPY
Volatility, 1Y 32.1%46.8%74.7% 12.7%
Downside volatility, 1Y 29.9%47.4%75.7% 12.7%
Beta vs S&P 500, 1Y 0.802.173.03 1.00
Return / volatility, 1Y 0.150.600.62 1.02
Max drawdown, 5Y -55.9%-40.3%-51.6% -25.4%
From 52-week high -19.2%-31.7%-50.0% -1.8%
52-week high $81.36$49.09$255.69 $779.14
52-week low $56.37$22.99$78.03 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleEMNESIGLW
P/E now vs peer median 17.0xmedian 21.6x 39.8xmedian 21.6x 58.0xmedian 21.6x
P/S now vs peer median 0.8xmedian 1.4x 2.3xmedian 1.4x 6.5xmedian 1.4x
EV/EBITDA now vs peer median 9.5xmedian 12.4x 17.3xmedian 12.4x 28.8xmedian 12.4x
P/FCF now vs peer median 13.9xmedian 15.8x 44.5xmedian 15.8x 46.0xmedian 15.8x
P/B now vs peer median 1.2xmedian 1.6x 2.8xmedian 1.6x 8.4xmedian 1.6x
PEG now vs peer median -1.26median 1.66 0.71median 1.66 1.33median 1.66

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsEMNESIGLW
Revenue $8.87B $3.49B $16.96B
Gross profit $1.76B $1.28B $6.17B
Operating income $750.00M $408.70M $2.60B
Net income $443.00M $205.20M $2.07B
Free cash flow $539.00M $182.90M $2.40B
R&D $246.00M $80.00M $1.14B
EPS (diluted) $3.83 $0.84 $2.17
Cash & equivalents $691.00M $224.90M $2.50B
Total debt $5.22B $2.08B $8.47B
Shares (diluted) 115.30M 243.70M 875.00M
Enterprise value $5.15B $7.23B $102.18B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricEMNESIGLW
P/E 17.0x 39.8x 58.0x
P/FCF 13.9x 44.5x 46.0x
P/Operating cash flow 7.6x 28.7x 28.1x
P/S 0.8x 2.3x 6.5x
P/B 1.2x 2.8x 8.4x
P/Tangible book 1.4x 4.3x 8.8x
EV/EBITDA 9.5x 17.3x 28.8x
EV/EBIT 16.1x 24.4x 44.7x
EV/Revenue 1.4x 2.9x 6.8x
EV/FCF 22.3x 54.6x 48.5x
EV/Operating cash flow 12.2x 35.3x 29.6x
PEG (3Y EPS CAGR) -1.26 0.71 1.33

Growth

14 metrics
MetricEMNESIGLW
Revenue growth (1Y) -4.5% 39.6% 19.4%
Revenue CAGR (3Y) -3.3% 14.4% 8.4%
Gross profit growth (1Y) -21.1% 21.5% 24.9%
Gross profit CAGR (3Y) -4.6% 11.7% 15.6%
Operating income growth (1Y) -37.6% 17.6% 51.7%
Operating income CAGR (3Y) -9.2% 31.9% 39.6%
Net income growth (1Y) -46.9% -14.4% 128.4%
Net income CAGR (3Y) -14.5% 56.0% 44.1%
EPS growth (1Y) -46.5% -15.0% 129.3%
EPS CAGR (3Y) -13.5% 55.8% 43.7%
Operating cash flow growth (1Y) -1.1% -16.0% 79.5%
Operating cash flow CAGR (3Y) -4.0% -4.2% 27.4%
Free cash flow growth (1Y) 32.8% -32.2% 100.6%
Free cash flow CAGR (3Y) 16.1% -12.3% 111.0%

Profitability

14 metrics
MetricEMNESIGLW
Gross margin 19.9% 36.6% 36.4%
EBITDA margin 14.4% 16.6% 23.8%
Operating margin 8.5% 11.7% 15.3%
Pretax margin 6.1% 9.0% 14.2%
Net margin 5.0% 5.9% 11.2%
FCF margin 6.1% 5.2% 14.1%
Operating cash flow margin 11.2% 8.1% 23.1%
Return on equity 7.2% 7.2% 16.3%
Return on assets 2.9% 3.5% 6.5%
Return on invested capital 5.4% 5.4% 10.4%
Return on capital employed 6.0% 7.8% 10.0%
Asset turnover 0.6x 0.6x 0.5x
Cash conversion (OCF / net income) 2.2x 1.4x 1.9x
Stock comp / revenue – 2.4% 2.5%

Financial Health

11 metrics
MetricEMNESIGLW
Debt / assets 33.8% 35.5% 25.7%
Debt / equity 0.8x 0.7x 0.6x
Net debt / EBITDA 3.6x 3.2x 1.5x
Debt / FCF 9.7x 11.4x 3.5x
Liabilities / assets 60.0% 50.7% 60.2%
Equity / assets 40.0% 49.3% 39.8%
Interest coverage – – 7.3x
Current ratio 1.5x 2.8x 1.8x
Quick ratio 0.7x 1.7x 0.9x
Cash ratio 0.2x 0.4x 0.4x
Altman Z-score 2.26 2.49 5.00

Shareholder Returns

7 metrics
MetricEMNESIGLW
Dividend yield 5.1% 1.0% 0.9%
Net buyback yield – 0.5% -0.5%
Shareholder yield 5.1% 1.5% 0.4%
Payout ratio (earnings) – – 47.8%
Payout ratio (FCF) – – 41.4%
Dividend growth (1Y) – – -0.3%
Dividend CAGR (3Y) – – 0.9%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusEMNESIGLW
Forward P/E 10.0xFY2026 19.5xFY2026 37.0xFY2026
EPS, next fiscal year $6.58FY2026 $1.72FY2026 $3.45FY2026
EPS growth, next FY +21.4%FY2026 +15.4%FY2026 +36.9%FY2026
EPS growth, the year after -5.2% +33.7% +24.1%
Revenue, next fiscal year $9.50BFY2026 $3.86BFY2026 $18.34BFY2026
Revenue growth, next FY +8.5%FY2026 +51.4%FY2026 +11.8%FY2026
Revenue growth, the year after -4.2% +2.3% +31.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEMNESIGLW
Held by institutions 94.1% 100.0% 73.0%
Institutions holding 648 499 2,680
Change in shares held, QoQ -0.1% +0.6% +3.5%
Institutions buying 327 269 1,474
Institutions selling 193 176 949
Buyers to sellers 1.69 1.53 1.55

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

EMNESIGLW
EMN 1.00 0.27 0.10
ESI 0.27 1.00 0.56
GLW 0.10 0.56 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EMN, ESI and GLW?

Corning (GLW) is the largest by market capitalisation: Eastman Chemical (EMN) $7.56B, Element Solutions (ESI) $8.45B, Corning (GLW) $109.61B.

Which stock is cheaper, EMN, ESI and GLW?

Eastman Chemical (EMN) trades on the lowest price-to-earnings ratio (Eastman Chemical (EMN) 17.1x, Element Solutions (ESI) 41.2x, Corning (GLW) 57.7x). On next year's consensus earnings, Eastman Chemical (EMN) is cheapest (Eastman Chemical (EMN) 10.0x, Element Solutions (ESI) 19.5x, Corning (GLW) 37.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Element Solutions (ESI) grew revenue fastest over the trailing twelve months: Eastman Chemical (EMN) -4.5%, Element Solutions (ESI) +39.6%, Corning (GLW) +19.4%.

Which company is more profitable?

Corning (GLW) has the highest net margin (Eastman Chemical (EMN) 5.0%, Element Solutions (ESI) 5.9%, Corning (GLW) 11.2%). On return on invested capital, Corning (GLW) leads (Eastman Chemical (EMN) 5.4%, Element Solutions (ESI) 5.4%, Corning (GLW) 10.4%).

Which stock has performed better?

Over the past year Corning (GLW) returned the most: Eastman Chemical (EMN) +4.8%, Element Solutions (ESI) +28.1%, Corning (GLW) +46.2%. Over five years, Corning (GLW) compounded fastest (Eastman Chemical (EMN) -9.0%/yr, Element Solutions (ESI) +8.7%/yr, Corning (GLW) +29.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Eastman Chemical (EMN) 0.00%, Element Solutions (ESI) 0.00%, Corning (GLW) 0.01%. Eastman Chemical (EMN) and Element Solutions (ESI) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Eastman Chemical (EMN) has been the steadiest (Eastman Chemical (EMN) 32.1%, Element Solutions (ESI) 46.8%, Corning (GLW) 74.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, EMN, ESI and GLW?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Corning (GLW) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.