Eastman Chemical (EMN) Other Operating Expenses (2021 - 2023)
Eastman Chemical's (EMN) quarterly Other Operating Expenses came in at $323.0 million in Q4 2023, up 746.0% on a YoY basis from $38.2 million in Q4 2022, and up 746.0% quarter-over-quarter from -$50.0 million in Q4 2022.
Analysis
Eastman Chemical (EMN) Other Operating Expenses (2021 - 2023) Analysis & Trends
Eastman Chemical (EMN) has reported Other Operating Expenses for 3 consecutive years, with $323.0 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Other Operating Expenses rose 746.0% year-over-year to $323.0 million; the trailing twelve-month figure through Sep 2024 stood at $323.0 million (up 746.0% YoY), and the FY2023 full-year result was $323.0 million, up 851.16% from the prior year.
- Other Operating Expenses rose to $323.0 million in Q4 2023 per EMN's latest filing, from -$50.0 million in the prior quarter.
- Across five years, Other Operating Expenses topped out at $323.0 million in Q4 2023 and bottomed at -$495.0 million in Q2 2021.
- Historically, Other Operating Expenses has averaged -$34.0 million across 3 years, with a median of $0.0 in 2021.
- The sharpest annual moves came in 2022 and 2023: Other Operating Expenses sank 1766.67% in 2022, then surged 746.0% in 2023.
- Over 3 years, Other Operating Expenses stood at $3.0 million in 2021, then tumbled by 1766.67% to -$50.0 million in 2022, then soared by 746.0% to $323.0 million in 2023.
- According to Business Quant data, Other Operating Expenses over the past three periods registered $323.0 million, -$50.0 million, and -$3.0 million for Q4 2023, Q4 2022, and Q3 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Corning | 145.18 Bn | 142.67 Bn | 1.63 Bn |
| 2 | Ati | 28.28 Bn | 27.50 Bn | 309.80 Mn |
| 3 | Qnity Electronics | 26.28 Bn | 25.32 Bn | 666.00 Mn |
| 4 | International Flavors & Fragrances | 21.50 Bn | 20.93 Bn | 853.00 Mn |
| 5 | DuPont de Nemours | 17.40 Bn | 15.66 Bn | 639.00 Mn |
| 6 | Avery Dennison | 12.97 Bn | 12.74 Bn | 729.40 Mn |
| 7 | Solstice Advanced Materials | 10.03 Bn | 9.28 Bn | 370.00 Mn |
| 8 | Element Solutions | 8.73 Bn | 8.54 Bn | 334.00 Mn |
| 9 | Eastman Chemical | 7.82 Bn | 7.13 Bn | 560.00 Mn |
| 10 | Hexcel | 6.84 Bn | 6.78 Bn | 138.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 323.00 Mn |
| Dec 31, 2022 | -50.00 Mn |
| Sep 30, 2022 | -3.00 Mn |
| Jun 30, 2022 | 7.00 Mn |
| Mar 31, 2022 | 3.00 Mn |
| Dec 31, 2021 | 3.00 Mn |
| Sep 30, 2021 | -60.00 Mn |
| Jun 30, 2021 | -495.00 Mn |