Eastman Chemical (EMN) Tax Rate (2009 - 2026)
Eastman Chemical's (EMN) quarterly Tax Rate came in at 23.15% in Q2 2026, up 1009.0% on a YoY basis from 2.09% in Q2 2025, and up 50.08% quarter-over-quarter from 15.43% in Q1 2026.
Analysis
Eastman Chemical (EMN) Tax Rate (2009 - 2026) Analysis & Trends
Eastman Chemical (EMN) has reported Tax Rate for 18 consecutive years, with 23.15% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 1009.0% year-over-year to 23.15%; the trailing twelve-month figure through Jun 2026 stood at 12.65% (down 99.0% YoY), and the FY2025 full-year result was 11.98%, down 132.0% from the prior year.
- Tax Rate improved to 23.15% in Q2 2026 per EMN's latest filing, from 15.43% in the prior quarter.
- Across five years, Tax Rate topped out at 46.28% in Q3 2025 and bottomed at 145.31% in Q4 2025.
- Historically, Tax Rate has averaged 8.83% across 5 years, with a median of 17.62% in 2024.
- The sharpest annual moves came in 2022 and 2025: Tax Rate jumped 6369 bps in 2022, then plunged 13557 bps in 2025.
- Over 5 years, Tax Rate stood at 34.21% in 2022, then tumbled by 30 bps to 23.9% in 2023, then sank by 141 bps to 9.74% in 2024, then slumped by 1392 bps to 145.31% in 2025, then surged by 116 bps to 23.15% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 23.15%, 15.43%, and 145.31% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 145.18 Bn | 142.67 Bn | 1.63 Bn | 6.16% |
| 2 | Ati | 28.28 Bn | 27.50 Bn | 309.80 Mn | 20.01% |
| 3 | Qnity Electronics | 26.28 Bn | 25.32 Bn | 666.00 Mn | 31.66% |
| 4 | International Flavors & Fragrances | 21.50 Bn | 20.93 Bn | 853.00 Mn | 48.44% |
| 5 | DuPont de Nemours | 17.40 Bn | 15.66 Bn | 639.00 Mn | 28.20% |
| 6 | Avery Dennison | 12.97 Bn | 12.74 Bn | 729.40 Mn | 27.80% |
| 7 | Solstice Advanced Materials | 10.03 Bn | 9.28 Bn | 370.00 Mn | 23.86% |
| 8 | Element Solutions | 8.73 Bn | 8.54 Bn | 334.00 Mn | 27.82% |
| 9 | Eastman Chemical | 7.82 Bn | 7.13 Bn | 560.00 Mn | 23.15% |
| 10 | Hexcel | 6.84 Bn | 6.78 Bn | 138.10 Mn | 18.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.15% |
| Mar 31, 2026 | 15.43% |
| Dec 31, 2025 | -145.31% |
| Sep 30, 2025 | 46.28% |
| Jun 30, 2025 | 13.06% |
| Mar 31, 2025 | 23.18% |
| Dec 31, 2024 | -9.74% |
| Sep 30, 2024 | 30.09% |
| Jun 30, 2024 | 16.62% |
| Mar 31, 2024 | 18.63% |
| Dec 31, 2023 | 23.90% |
| Sep 30, 2023 | 7.81% |
| Jun 30, 2023 | -0.93% |
| Mar 31, 2023 | 24.39% |
| Dec 31, 2022 | 34.21% |
| Sep 30, 2022 | -6.17% |
| Jun 30, 2022 | 29.11% |
| Mar 31, 2022 | 15.32% |
| Dec 31, 2021 | 25.78% |
| Sep 30, 2021 | -8.92% |