Eastman Chemical (EMN) Tax Rate (2009 - 2026)
Eastman Chemical's Tax Rate came in at 28.13% for Q2 2026, up 10.97 percentage points from 17.16% a year earlier and up 6.80 percentage points from the prior quarter.
Eastman Chemical (EMN) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Eastman Chemical reported Tax Rate of 17.66%, up 1.24 percentage points year-over-year; for FY2025, it came in at 16.37%, up 0.60 percentage points from FY2024.
- Tax Rate carries a five-year change of +8.64 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 15.77% in FY2024 (-1.80 pp), 17.57% in FY2023 (-0.95 pp), 18.53% in FY2022 (-1.34 pp) and 19.87% in FY2021 (+12.13 pp).
- The five-year range for quarterly Tax Rate is -775.00% (Q4 2025) to 92.86% (Q4 2022).
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of -92.49 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q2 2022 (a gain of 67.13 percentage points), and the weakest in Q4 2025 (a drop of 763.55 percentage points).
- Business Quant data shows EMN's Tax Rate at 21.32% (Q1 2026), -775.00% (Q4 2025) and 64.93% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 235.27 Bn | 218.38 Bn | 4.43 Bn | 23.96% |
| 2 | Corning | 106.79 Bn | 99.92 Bn | 1.63 Bn | 6.16% |
| 3 | Sherwin Williams | 83.92 Bn | 82.96 Bn | 3.34 Bn | 24.17% |
| 4 | Air Products & Chemicals | 68.64 Bn | 66.53 Bn | 1.04 Bn | - |
| 5 | LyondellBasell Industries | 42.22 Bn | 31.84 Bn | 2.04 Bn | 29.21% |
| 6 | Nutrien | 33.30 Bn | 30.16 Bn | 3.25 Bn | 21.50% |
| 7 | Ppg Industries | 25.14 Bn | 17.94 Bn | 1.81 Bn | 22.32% |
| 8 | International Flavors & Fragrances | 23.95 Bn | 21.65 Bn | 853.00 Mn | 48.44% |
| 9 | Dow | 22.98 Bn | 7.98 Bn | 2.17 Bn | 7.92% |
| 10 | Eastman Chemical | 7.47 Bn | 5.13 Bn | 560.00 Mn | 28.13% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.13% |
| Mar 31, 2026 | 21.32% |
| Sep 30, 2025 | 64.93% |
| Jun 30, 2025 | 17.16% |
| Mar 31, 2025 | 27.67% |
| Sep 30, 2024 | 35.36% |
| Jun 30, 2024 | 19.51% |
| Mar 31, 2024 | 22.90% |
| Dec 31, 2023 | 26.82% |
| Sep 30, 2023 | 10.05% |
| Mar 31, 2023 | 30.93% |
| Dec 31, 2022 | 92.86% |
| Jun 30, 2022 | 32.55% |
| Mar 31, 2022 | 17.77% |
| Dec 31, 2021 | 28.17% |
| Mar 31, 2021 | 18.29% |
| Sep 30, 2020 | 13.16% |
| Mar 31, 2020 | 17.72% |
| Sep 30, 2019 | 14.70% |
| Jun 30, 2019 | 18.04% |
Eastman Chemical Tax Rate 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=tax-rate&ticker=EMN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=EMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();