Eastman Chemical (EMN) Operating Margin (2009 - 2026)
Eastman Chemical (EMN) posted quarterly Operating Margin of 12.38% for Q2 2026, up 267.0% year-over-year from 3.37% in Q2 2025, and up 43.31% on a QoQ basis from 8.64% in Q1 2026.
Eastman Chemical (EMN) Operating Margin (2009 - 2026) Analysis & Trends
Eastman Chemical has reported Operating Margin for 18 years, with the latest figure at 12.38% in Q2 2026.
- Operating Margin for Q2 2026 came in at 12.38%, up 267.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 8.47% (down 447.0% YoY), and the FY2025 annual result was 8.87%, down 476.0% from the prior year.
- Operating Margin rose to 12.38% in Q2 2026, from 8.64% in the prior quarter.
- Over five years, Operating Margin peaked at 21.61% in Q4 2023 and troughed at 3.2% in Q4 2022.
- A 5-year average of 11.66% and a median of 12.11% in 2022 frame the typical range for Operating Margin.
- The widest annual swing landed in 2022, when Operating Margin sank 1825 bps; it then surged 1841 bps in 2023.
- A 5-year view of Operating Margin shows it stood at 3.2% in 2022, then jumped by 575 bps to 21.61% in 2023, then declined by 28 bps to 15.55% in 2024, then sank by 79 bps to 3.24% in 2025, then soared by 282 bps to 12.38% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 12.38% in Q2 2026, 8.64% in Q1 2026, and 3.24% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 222.77 Bn | 217.87 Bn | 4.43 Bn | 27.49% |
| 2 | Sherwin Williams | 84.55 Bn | 84.26 Bn | 3.34 Bn | 18.18% |
| 3 | Ecolab | 78.89 Bn | 73.75 Bn | 1.95 Bn | 17.16% |
| 4 | Air Products & Chemicals | 66.91 Bn | 65.93 Bn | 1.04 Bn | -66.34% |
| 5 | Ppg Industries | 25.15 Bn | 23.56 Bn | 1.81 Bn | 14.73% |
| 6 | Chemical & Mining Co Of Chile | 22.35 Bn | 18.48 Bn | 778.60 Mn | 47.01% |
| 7 | LyondellBasell Industries | 22.02 Bn | 19.39 Bn | 2.04 Bn | 16.81% |
| 8 | International Flavors & Fragrances | 21.27 Bn | 20.70 Bn | 853.00 Mn | 8.09% |
| 9 | DuPont de Nemours | 18.86 Bn | 17.12 Bn | 639.00 Mn | 18.03% |
| 10 | Eastman Chemical | 8.44 Bn | 7.75 Bn | 560.00 Mn | 12.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.38% |
| Mar 31, 2026 | 8.64% |
| Dec 31, 2025 | 3.24% |
| Sep 30, 2025 | 8.54% |
| Jun 30, 2025 | 9.71% |
| Mar 31, 2025 | 13.19% |
| Dec 31, 2024 | 15.55% |
| Sep 30, 2024 | 13.35% |
| Jun 30, 2024 | 14.26% |
| Mar 31, 2024 | 11.39% |
| Dec 31, 2023 | 21.61% |
| Sep 30, 2023 | 11.29% |
| Jun 30, 2023 | 13.90% |
| Mar 31, 2023 | 10.20% |
| Dec 31, 2022 | 3.20% |
| Sep 30, 2022 | 11.96% |
| Jun 30, 2022 | 15.30% |
| Mar 31, 2022 | 12.27% |
| Dec 31, 2021 | 21.46% |
| Sep 30, 2021 | 13.60% |