Eastman Chemical (EMN) Return on Invested Capital [ROIC] (2009 - 2026)
Eastman Chemical (EMN) posted Return on Invested Capital [ROIC] of 5.44% for Q2 2026, down 3.69 percentage points from 9.13% a year earlier and down 0.24 percentage points from the prior quarter.
Eastman Chemical (EMN) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Eastman Chemical's Return on Invested Capital [ROIC] came in at 6.44%, down 3.50 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of -0.37 percentage points (FY2020 to FY2025).
- In prior years, Eastman Chemical's Return on Invested Capital [ROIC] was 9.94% in FY2024 (+1.54 pp), 8.40% in FY2023 (+0.04 pp), 8.36% in FY2022 (-1.56 pp) and 9.92% in FY2021 (+3.12 pp).
- The Q2 2026 figure stands as the lowest quarterly Return on Invested Capital [ROIC] in data going back to Q3 2009.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined in each of the last three quarters, with an average year-over-year change of -0.88 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q3 2021, with a gain of 5.04 percentage points; the weakest was Q1 2026, with a drop of 4.13 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 5.68% (Q1 2026), 6.42% (Q4 2025) and 7.97% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 221.03 Bn | 204.14 Bn | 4.43 Bn | 10.79% |
| 2 | Corning | 141.47 Bn | 134.60 Bn | 1.63 Bn | 10.44% |
| 3 | Sherwin Williams | 77.59 Bn | 76.63 Bn | 3.34 Bn | 19.18% |
| 4 | Air Products & Chemicals | 61.84 Bn | 59.74 Bn | 1.04 Bn | 0.00% |
| 5 | LyondellBasell Industries | 37.84 Bn | 27.46 Bn | 2.04 Bn | 4.14% |
| 6 | Nutrien | 33.77 Bn | 30.64 Bn | 3.25 Bn | 11.88% |
| 7 | Qnity Electronics | 27.51 Bn | 24.93 Bn | 666.00 Mn | 8.31% |
| 8 | Ati | 26.21 Bn | 24.36 Bn | 309.80 Mn | 14.85% |
| 9 | Ppg Industries | 23.37 Bn | 16.17 Bn | 1.81 Bn | 11.51% |
| 10 | Eastman Chemical | 7.42 Bn | 5.09 Bn | 560.00 Mn | 5.44% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.44% |
| Mar 31, 2026 | 5.68% |
| Dec 31, 2025 | 6.42% |
| Sep 30, 2025 | 7.97% |
| Jun 30, 2025 | 9.13% |
| Mar 31, 2025 | 9.80% |
| Dec 31, 2024 | 9.75% |
| Sep 30, 2024 | 7.93% |
| Jun 30, 2024 | 8.05% |
| Mar 31, 2024 | 8.55% |
| Dec 31, 2023 | 8.30% |
| Sep 30, 2023 | 7.68% |
| Jun 30, 2023 | 8.48% |
| Mar 31, 2023 | 7.83% |
| Dec 31, 2022 | 8.53% |
| Sep 30, 2022 | 9.49% |
| Jun 30, 2022 | 9.97% |
| Mar 31, 2022 | 9.66% |
| Dec 31, 2021 | 9.94% |
| Sep 30, 2021 | 11.01% |
Eastman Chemical Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=EMN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "EMN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=EMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();