Eastman Chemical (EMN) Tax Rate (2009 - 2026)
Eastman Chemical (EMN) posted quarterly Tax Rate of 28.12% for Q2 2026, up 1097.0% year-over-year from 2.35% in Q2 2025, and up 31.9% on a QoQ basis from 21.32% in Q1 2026.
Eastman Chemical (EMN) Tax Rate (2009 - 2026) Analysis & Trends
Eastman Chemical has reported Tax Rate for 18 years, with the latest figure at 28.12% in Q2 2026.
- Tax Rate for Q2 2026 came in at 28.12%, up 1097.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 17.66% (up 124.0% YoY), and the FY2025 annual result was 16.37%, up 60.0% from the prior year.
- Tax Rate improved to 28.12% in Q2 2026, from 21.32% in the prior quarter.
- Over five years, Tax Rate peaked at 92.86% in Q4 2022 and troughed at 775.0% in Q4 2025.
- A 5-year average of 19.26% and a median of 22.11% in 2024 frame the typical range for Tax Rate.
- The widest annual swing landed in 2022, when Tax Rate jumped 6713 bps; it then sank 76355 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 92.86% in 2022, then tumbled by 71 bps to 26.82% in 2023, then tumbled by 143 bps to 11.45% in 2024, then plunged by 6670 bps to 775.0% in 2025, then surged by 104 bps to 28.12% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 28.12% in Q2 2026, 21.32% in Q1 2026, and 775.0% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 222.77 Bn | 217.87 Bn | 4.43 Bn | 23.96% |
| 2 | Sherwin Williams | 84.55 Bn | 84.26 Bn | 3.34 Bn | 24.17% |
| 3 | Ecolab | 78.89 Bn | 73.75 Bn | 1.95 Bn | 22.33% |
| 4 | Air Products & Chemicals | 66.91 Bn | 65.93 Bn | 1.04 Bn | 26.60% |
| 5 | Ppg Industries | 25.15 Bn | 23.56 Bn | 1.81 Bn | 22.32% |
| 6 | Chemical & Mining Co Of Chile | 22.35 Bn | 18.48 Bn | 778.60 Mn | -41.34% |
| 7 | LyondellBasell Industries | 22.02 Bn | 19.39 Bn | 2.04 Bn | 29.21% |
| 8 | International Flavors & Fragrances | 21.27 Bn | 20.70 Bn | 853.00 Mn | 48.44% |
| 9 | DuPont de Nemours | 18.86 Bn | 17.12 Bn | 639.00 Mn | 28.20% |
| 10 | Eastman Chemical | 8.44 Bn | 7.75 Bn | 560.00 Mn | 23.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 28.13% |
| Jun 30, 2026 | 28.13% |
| Jun 30, 2026 | 28.13% |
| Mar 31, 2026 | 21.32% |
| Mar 31, 2026 | 21.32% |
| Mar 31, 2026 | 21.32% |
| Dec 31, 2025 | -775.00% |
| Dec 31, 2025 | -775.00% |
| Dec 31, 2025 | -775.00% |
| Sep 30, 2025 | 64.93% |
| Sep 30, 2025 | 64.93% |
| Sep 30, 2025 | 64.93% |
| Jun 30, 2025 | 17.16% |
| Jun 30, 2025 | 17.16% |
| Jun 30, 2025 | 17.16% |
| Mar 31, 2025 | 27.67% |
| Mar 31, 2025 | 27.67% |
| Mar 31, 2025 | 27.67% |
| Dec 31, 2024 | -11.45% |
| Dec 31, 2024 | -11.45% |