EMN vs IFF Stock Comparison

Eastman Chemical and International Flavors & Fragrances Prices as of Oct 27, 2026 Peers: Industry group
EMN Eastman Chemical Co
$66.14 -1.2% 1M +3.7% 1Y
Market cap
$7.58B
P/E
17.2x
Revenue (TTM)
$8.87B
Div. yield
–
Specialty Chemicals Basic Materials
6 wins

Head to Head

11 decided of 12

Eastman Chemical leads on 6 of the 12 questions below (Eastman Chemical 6, International Flavors & Fragrances 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEMNIFFLeader
Larger companyMarket capitalisation $7.58B $23.45B IFF
Cheaper on earningsLower P/E, profitable companies only 17.2x 33.7x EMN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 10.1x 28.4x EMN
Faster revenue growthRevenue growth, trailing twelve months -4.5% -4.6% EMN
More profitableNet margin, trailing twelve months 5.0% 7.0% IFF
Better return on capitalReturn on invested capital 5.4% 3.0% EMN
Less leveragedLower net debt / EBITDA 3.6x 3.0x IFF
Higher dividend yieldTrailing dividend yield 0.00% 0.02% –
Better 1-year returnPrice return, last 12 months +3.7% +42.8% IFF
Better 5-year returnAnnualised price return, 5 years -9.7%/yr -8.9%/yr IFF
Less volatileAnnualised volatility, 1 year 32.0% 35.0% EMN
Higher overall scoreMean of the five percentile scores vs peers 59/100 51/100 EMN

Percentile Scorecard

EMNIFF

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

AxisEMNIFF
Valuation 85 #15 of 94 43 #54 of 94
Growth 28 #66 of 91 82 #17 of 91
Profitability 62 #33 of 86 59 #36 of 86
Financial Health 28 #69 of 95 46 #52 of 95
Shareholder Returns 90 #8 of 70 28 #51 of 70
Overall 59 51
  • EMN 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

PeriodEMNIFFSPY
1 month -1.2%+8.8% -0.2%
3 months -2.9%+17.7% +3.9%
6 months -7.7%+31.8% +8.2%
Year to date +3.6%+38.4% +12.9%
1 year +3.7%+42.8% +12.3%
3 years -8.9%+37.4% +87.4%
3 years, per year -3.1%+11.2% +23.3%
5 years -39.9%-37.2% +67.9%
5 years, per year -9.7%-8.9% +10.9%
10 years -1.7%-30.1% +261.1%
10 years, per year -0.2%-3.5% +13.7%

Risk

MeasureEMNIFFSPY
Volatility, 1Y 32.0%35.0% 12.7%
Downside volatility, 1Y 29.9%28.6% 12.7%
Beta vs S&P 500, 1Y 0.800.68 1.00
Return / volatility, 1Y 0.121.22 0.97
Max drawdown, 5Y -55.9%-61.1% -25.4%
From 52-week high -18.7%-0.9% -1.2%
52-week high $81.36$94.13 $779.14
52-week low $56.37$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.

MultipleEMNIFF
P/E now vs peer median 17.1xmedian 22.0x 34.2xmedian 22.0x
P/S now vs peer median 0.9xmedian 1.4x 2.4xmedian 1.4x
EV/EBITDA now vs peer median 9.5xmedian 12.4x 17.0xmedian 12.4x
P/FCF now vs peer median 14.0xmedian 15.1x 44.1xmedian 15.1x
P/B now vs peer median 1.2xmedian 1.6x 1.7xmedian 1.6x
PEG now vs peer median -1.27median 1.66 1.06median 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 monthsEMNIFF
Revenue $8.87B $9.98B
Gross profit $1.76B $3.74B
Operating income $750.00M $754.00M
Net income $443.00M $295.00M
Free cash flow $539.00M $540.00M
R&D $246.00M $684.00M
EPS (diluted) $3.83 $2.71
Cash & equivalents $691.00M $569.00M
Total debt $5.22B $5.70B
Shares (diluted) 115.30M 257.00M
Enterprise value $5.17B $21.11B

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
MetricEMNIFF
P/E 17.1x 34.2x
P/FCF 14.0x 44.1x
P/Operating cash flow 7.6x 20.5x
P/S 0.9x 2.4x
P/B 1.2x 1.7x
P/Tangible book 1.4x 2.3x
EV/EBITDA 9.5x 17.0x
EV/EBIT 16.1x 38.4x
EV/Revenue 1.4x 2.9x
EV/FCF 22.4x 53.6x
EV/Operating cash flow 12.2x 24.9x
PEG (3Y EPS CAGR) -1.27 1.06

Growth

14 metrics
MetricEMNIFF
Revenue growth (1Y) -4.5% -4.6%
Revenue CAGR (3Y) -3.3% -5.6%
Gross profit growth (1Y) -21.1% -3.8%
Gross profit CAGR (3Y) -4.6% -0.2%
Operating income growth (1Y) -37.6% 295.8%
Operating income CAGR (3Y) -9.2% 35.2%
Net income growth (1Y) -46.9% 170.2%
Net income CAGR (3Y) -14.5% 28.8%
EPS growth (1Y) -46.5% 900.0%
EPS CAGR (3Y) -13.5% 32.3%
Operating cash flow growth (1Y) -1.1% 5.4%
Operating cash flow CAGR (3Y) -4.0% 12.2%
Free cash flow growth (1Y) 32.8% -4.4%
Free cash flow CAGR (3Y) 16.1% 26.8%

Profitability

14 metrics
MetricEMNIFF
Gross margin 19.9% 37.5%
EBITDA margin 14.4% 17.1%
Operating margin 8.5% 7.6%
Pretax margin 6.1% 3.5%
Net margin 5.0% 7.0%
FCF margin 6.1% 5.4%
Operating cash flow margin 11.2% 11.6%
Return on equity 7.2% 2.1%
Return on assets 2.9% 1.2%
Return on invested capital 5.4% 3.0%
Return on capital employed 6.0% 3.6%
Asset turnover 0.6x 0.4x
Cash conversion (OCF / net income) 2.2x 3.9x
Stock comp / revenue – 0.9%

Financial Health

11 metrics
MetricEMNIFF
Debt / assets 33.8% 22.7%
Debt / equity 0.8x 0.4x
Net debt / EBITDA 3.6x 3.0x
Debt / FCF 9.7x 10.6x
Liabilities / assets 60.0% 44.3%
Equity / assets 40.0% 55.7%
Interest coverage – 4.0x
Current ratio 1.5x 2.1x
Quick ratio 0.7x 0.5x
Cash ratio 0.2x 0.1x
Altman Z-score 2.26 1.81

Shareholder Returns

7 metrics
MetricEMNIFF
Dividend yield 5.1% 1.7%
Net buyback yield – 0.3%
Shareholder yield 5.1% 2.0%
Payout ratio (earnings) – 138.6%
Payout ratio (FCF) – 75.7%
Dividend growth (1Y) – 0.0%
Dividend CAGR (3Y) – -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.

ConsensusEMNIFF
Forward P/E 10.1xFY2026 28.4xFY2026
EPS, next fiscal year $6.58FY2026 $3.28FY2026
EPS growth, next FY +21.4%FY2026 -21.9%FY2026
EPS growth, the year after -5.2% +23.5%
Revenue, next fiscal year $9.50BFY2026 $8.10BFY2026
Revenue growth, next FY +8.5%FY2026 -25.7%FY2026
Revenue growth, the year after -4.2% -8.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEMNIFF
Held by institutions 94.1% 100.0%
Institutions holding 648 753
Change in shares held, QoQ -0.1% +6.0%
Institutions buying 327 410
Institutions selling 193 226
Buyers to sellers 1.69 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.

EMNIFF
EMN 1.00 0.38
IFF 0.38 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EMN and IFF?

International Flavors & Fragrances (IFF) is the largest by market capitalisation: Eastman Chemical (EMN) $7.58B, International Flavors & Fragrances (IFF) $23.45B.

Which stock is cheaper, EMN and IFF?

Eastman Chemical (EMN) trades on the lowest price-to-earnings ratio (Eastman Chemical (EMN) 17.2x, International Flavors & Fragrances (IFF) 33.7x). On next year's consensus earnings, Eastman Chemical (EMN) is cheapest (Eastman Chemical (EMN) 10.1x, International Flavors & Fragrances (IFF) 28.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

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

Which company is more profitable?

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

Which stock has performed better?

Over the past year International Flavors & Fragrances (IFF) returned the most: Eastman Chemical (EMN) +3.7%, International Flavors & Fragrances (IFF) +42.8%. Over five years, International Flavors & Fragrances (IFF) compounded fastest (Eastman Chemical (EMN) -9.7%/yr, International Flavors & Fragrances (IFF) -8.9%/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%, 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%, International Flavors & Fragrances (IFF) 35.0%). Volatility measures how widely the price swings, not the risk of the business.

Do EMN and IFF move together?

Their daily returns over the past year have a correlation of 0.38, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, EMN 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, Eastman Chemical (EMN) 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.