EMN vs GLW vs IFF Stock Comparison

Eastman Chemical, Corning and International Flavors & Fragrances Prices as of Oct 23, 2026 Peers: Industry group
EMN Eastman Chemical Co
$64.91 -2.9% 1M +2.9% 1Y
Market cap
$7.51B
P/E
17.0x
Revenue (TTM)
$8.87B
Div. yield
–
Specialty Chemicals Basic Materials
4 wins
GLW Corning Inc /Ny
$123.63 -20.0% 1M +44.0% 1Y
Market cap
$109.74B
P/E
57.8x
Revenue (TTM)
$16.96B
Div. yield
0.01%
Specialty Chemicals Basic Materials
7 wins

Head to Head

12 decided of 12

Corning leads on 7 of the 12 questions below (Corning 7, Eastman Chemical 4, International Flavors & Fragrances 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEMNGLWIFFLeader
Larger companyMarket capitalisation $7.51B $109.74B $23.88B GLW
Cheaper on earningsLower P/E, profitable companies only 17.0x 57.8x 34.3x EMN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 9.8x 35.8x 29.0x EMN
Faster revenue growthRevenue growth, trailing twelve months -4.5% +19.4% -4.6% GLW
More profitableNet margin, trailing twelve months 5.0% 11.2% 7.0% GLW
Better return on capitalReturn on invested capital 5.4% 10.4% 3.0% GLW
Less leveragedLower net debt / EBITDA 3.6x 1.5x 3.0x GLW
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.02% IFF
Better 1-year returnPrice return, last 12 months +2.9% +44.0% +43.1% GLW
Better 5-year returnAnnualised price return, 5 years -9.6%/yr +26.5%/yr -8.3%/yr GLW
Less volatileAnnualised volatility, 1 year 32.0% 74.5% 35.0% EMN
Higher overall scoreMean of the five percentile scores vs peers 58/100 57/100 50/100 EMN

Percentile Scorecard

EMNGLWIFF

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

AxisEMNGLWIFF
Valuation 86 #14 of 94 19 #76 of 94 43 #54 of 94
Growth 28 #67 of 92 99 #2 of 92 80 #19 of 92
Profitability 58 #38 of 89 81 #18 of 89 57 #39 of 89
Financial Health 27 #71 of 97 59 #40 of 97 44 #55 of 97
Shareholder Returns 90 #8 of 70 29 #50 of 70 26 #52 of 70
Overall 58 57 50
  • EMN ranked among 99 companies in Chemicals
  • GLW ranked among 99 companies in Chemicals
  • IFF ranked among 99 companies in Chemicals

Price Performance

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

Returns

PeriodEMNGLWIFFSPY
1 month -2.9%-20.0%+9.8% -1.0%
3 months -4.8%-15.7%+23.9% +2.9%
6 months -9.8%-29.7%+32.3% +6.4%
Year to date +1.7%+41.2%+39.7% +11.4%
1 year +2.9%+44.0%+43.1% +13.1%
3 years -8.2%+360.3%+42.4% +79.4%
3 years, per year -2.8%+66.4%+12.5% +21.5%
5 years -39.7%+223.4%-35.2% +67.7%
5 years, per year -9.6%+26.5%-8.3% +10.9%
10 years -2.9%+419.0%-27.5% +255.2%
10 years, per year -0.3%+17.9%-3.2% +13.5%

Risk

MeasureEMNGLWIFFSPY
Volatility, 1Y 32.0%74.5%35.0% 12.7%
Downside volatility, 1Y 29.8%75.7%28.7% 12.7%
Beta vs S&P 500, 1Y 0.793.010.67 1.00
Return / volatility, 1Y 0.090.591.23 1.03
Max drawdown, 5Y -55.9%-51.6%-61.1% -25.4%
From 52-week high -20.2%-51.6%0.0% -2.5%
52-week high $81.36$255.69$94.13 $779.14
52-week low $56.37$78.03$61.49 $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.

MultipleEMNGLWIFF
P/E now vs peer median 16.8xmedian 21.5x 56.1xmedian 21.5x 34.5xmedian 21.5x
P/S now vs peer median 0.8xmedian 1.4x 6.3xmedian 1.4x 2.4xmedian 1.4x
EV/EBITDA now vs peer median 9.4xmedian 12.4x 27.9xmedian 12.4x 17.1xmedian 12.4x
P/FCF now vs peer median 13.8xmedian 15.5x 44.5xmedian 15.5x 44.5xmedian 15.5x
P/B now vs peer median 1.2xmedian 1.6x 8.1xmedian 1.6x 1.7xmedian 1.6x
PEG now vs peer median -1.24median 1.70 1.28median 1.70 1.07median 1.70

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 monthsEMNGLWIFF
Revenue $8.87B $16.96B $9.98B
Gross profit $1.76B $6.17B $3.74B
Operating income $750.00M $2.60B $754.00M
Net income $443.00M $2.07B $295.00M
Free cash flow $539.00M $2.40B $540.00M
R&D $246.00M $1.14B $684.00M
EPS (diluted) $3.83 $2.17 $2.71
Cash & equivalents $691.00M $2.50B $569.00M
Total debt $5.22B $33.16B $23.75B
Shares (diluted) 115.30M 875.00M 257.00M
Enterprise value $5.10B $102.31B $21.54B

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
MetricEMNGLWIFF
P/E 16.8x 56.1x 34.5x
P/FCF 13.8x 44.5x 44.5x
P/Operating cash flow 7.5x 27.2x 20.7x
P/S 0.8x 6.3x 2.4x
P/B 1.2x 8.1x 1.7x
P/Tangible book 1.4x 8.5x 2.3x
EV/EBITDA 9.4x 27.9x 17.1x
EV/EBIT 15.9x 43.3x 38.7x
EV/Revenue 1.3x 6.6x 2.9x
EV/FCF 22.2x 47.0x 54.0x
EV/Operating cash flow 12.1x 28.7x 25.1x
PEG (3Y EPS CAGR) -1.24 1.28 1.07

Growth

14 metrics
MetricEMNGLWIFF
Revenue growth (1Y) -4.5% 19.4% -4.6%
Revenue CAGR (3Y) -3.3% 8.4% -5.6%
Gross profit growth (1Y) -21.1% 24.9% -3.8%
Gross profit CAGR (3Y) -4.6% 15.6% -0.2%
Operating income growth (1Y) -37.6% 51.7% 295.8%
Operating income CAGR (3Y) -9.2% 39.6% 35.2%
Net income growth (1Y) -46.9% 128.4% 170.2%
Net income CAGR (3Y) -14.5% 44.1% 28.8%
EPS growth (1Y) -46.5% 129.3% 900.0%
EPS CAGR (3Y) -13.5% 43.7% 32.3%
Operating cash flow growth (1Y) -1.1% 79.5% 5.4%
Operating cash flow CAGR (3Y) -4.0% 27.4% 12.2%
Free cash flow growth (1Y) 32.8% 100.6% -4.4%
Free cash flow CAGR (3Y) 16.1% 111.0% 26.8%

Profitability

14 metrics
MetricEMNGLWIFF
Gross margin 19.9% 36.4% 37.5%
EBITDA margin 14.4% 23.8% 17.1%
Operating margin 8.5% 15.3% 7.6%
Pretax margin 6.1% 14.2% 3.5%
Net margin 5.0% 11.2% 7.0%
FCF margin 6.1% 14.1% 5.4%
Operating cash flow margin 11.2% 23.1% 11.6%
Return on equity 7.2% 16.3% 2.1%
Return on assets 2.9% 6.5% 1.2%
Return on invested capital 5.4% 10.4% 3.0%
Return on capital employed 6.0% 10.0% 3.6%
Asset turnover 0.6x 0.5x 0.4x
Cash conversion (OCF / net income) 2.2x 1.9x 3.9x
Stock comp / revenue – 2.5% 0.9%

Financial Health

11 metrics
MetricEMNGLWIFF
Debt / assets 33.8% 25.7% 22.7%
Debt / equity 0.8x 0.6x 0.4x
Net debt / EBITDA 3.6x 1.5x 3.0x
Debt / FCF 9.7x 3.5x 10.6x
Liabilities / assets 60.0% 60.2% 44.3%
Equity / assets 40.0% 39.8% 55.7%
Interest coverage – 7.3x 4.0x
Current ratio 1.5x 1.8x 2.1x
Quick ratio 0.7x 0.9x 0.5x
Cash ratio 0.2x 0.4x 0.1x
Altman Z-score 2.25 4.89 1.82

Shareholder Returns

7 metrics
MetricEMNGLWIFF
Dividend yield 5.2% 0.9% 1.7%
Net buyback yield – -0.5% 0.3%
Shareholder yield 5.2% 0.4% 2.0%
Payout ratio (earnings) – 47.8% 138.6%
Payout ratio (FCF) – 41.4% 75.7%
Dividend growth (1Y) – -0.3% 0.0%
Dividend CAGR (3Y) – 0.9% -20.7%

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.

ConsensusEMNGLWIFF
Forward P/E 9.8xFY2026 35.8xFY2026 29.0xFY2026
EPS, next fiscal year $6.61FY2026 $3.45FY2026 $3.25FY2026
EPS growth, next FY +22.0%FY2026 +36.9%FY2026 -22.6%FY2026
EPS growth, the year after -4.2% +23.2% +22.5%
Revenue, next fiscal year $9.51BFY2026 $18.31BFY2026 $8.11BFY2026
Revenue growth, next FY +8.6%FY2026 +11.6%FY2026 -25.6%FY2026
Revenue growth, the year after -4.2% +30.7% -8.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEMNGLWIFF
Held by institutions 94.1% 73.0% 100.0%
Institutions holding 648 2,680 753
Change in shares held, QoQ -0.1% +3.5% +6.0%
Institutions buying 327 1,474 410
Institutions selling 193 949 226
Buyers to sellers 1.69 1.55 1.81

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.

EMNGLWIFF
EMN 1.00 0.10 0.38
GLW 0.10 1.00 0.03
IFF 0.38 0.03 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EMN, GLW and IFF?

Corning (GLW) is the largest by market capitalisation: Eastman Chemical (EMN) $7.51B, Corning (GLW) $109.74B, International Flavors & Fragrances (IFF) $23.88B.

Which stock is cheaper, EMN, GLW and IFF?

Eastman Chemical (EMN) trades on the lowest price-to-earnings ratio (Eastman Chemical (EMN) 17.0x, Corning (GLW) 57.8x, International Flavors & Fragrances (IFF) 34.3x). On next year's consensus earnings, Eastman Chemical (EMN) is cheapest (Eastman Chemical (EMN) 9.8x, Corning (GLW) 35.8x, International Flavors & Fragrances (IFF) 29.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Corning (GLW) grew revenue fastest over the trailing twelve months: Eastman Chemical (EMN) -4.5%, Corning (GLW) +19.4%, International Flavors & Fragrances (IFF) -4.6%.

Which company is more profitable?

Corning (GLW) has the highest net margin (Eastman Chemical (EMN) 5.0%, Corning (GLW) 11.2%, International Flavors & Fragrances (IFF) 7.0%). On return on invested capital, Corning (GLW) leads (Eastman Chemical (EMN) 5.4%, Corning (GLW) 10.4%, International Flavors & Fragrances (IFF) 3.0%).

Which stock has performed better?

Over the past year Corning (GLW) returned the most: Eastman Chemical (EMN) +2.9%, Corning (GLW) +44.0%, International Flavors & Fragrances (IFF) +43.1%. Over five years, Corning (GLW) compounded fastest (Eastman Chemical (EMN) -9.6%/yr, Corning (GLW) +26.5%/yr, International Flavors & Fragrances (IFF) -8.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

International Flavors & Fragrances (IFF) has the highest dividend yield: Eastman Chemical (EMN) 0.00%, Corning (GLW) 0.01%, International Flavors & Fragrances (IFF) 0.02%. Eastman Chemical (EMN) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Eastman Chemical (EMN) has been the steadiest (Eastman Chemical (EMN) 32.0%, Corning (GLW) 74.5%, International Flavors & Fragrances (IFF) 35.0%). Volatility measures how widely the price swings, not the risk of the business.

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

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 7. 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.