The historical rank and industry rank for Eastman Chemical Co's Pretax Margin % or its related term are showing as below:
EMN'
s Pretax Margin % Range Over the Past 10 Years
Min: 6.26 Med: 11.02 Max: 13.5
Current: 12.15
EMN's Pretax Margin % is ranked better than 74.22% of 1532
companies
in the Chemicals industry
Industry Median: 5.5
vs EMN: 12.15
Eastman Chemical Co Pretax Margin % Historical Data
The historical data trend for Eastman Chemical Co's Pretax Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Eastman Chemical Co's Pretax Margin %
For the Specialty Chemicals subindustry, Eastman Chemical Co's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Eastman Chemical Co's Pretax Margin % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Eastman Chemical Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Eastman Chemical Co's Pretax Margin % falls into.
Eastman Chemical Co Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
Eastman Chemical Co's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Eastman Chemical Co (NYSE:EMN) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Eastman Chemical Co Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Eastman Chemical Co's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Eastman Chemical Co (Eastman Chemical Co) Business Description
Established in 1920 to produce chemicals for Eastman Kodak, Eastman Chemical has grown into a global specialty chemicals company with manufacturing sites around the world. The company generates the majority of its sales outside of the United States, with a strong presence in Asian markets. During the past several years, Eastman has sold noncore businesses, choosing to focus on higher-margin specialty product offerings.
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