Headquartered in Kingsport, Tennessee, Eastman Chemical Company (EMN) is a global leader in specialty materials and chemicals with a market cap of $11.86 billion. Specializing in a wide range of innovative products that serve industries such as automotive, agriculture, healthcare, and consumer goods, Eastman Chemical plays a pivotal role in driving sustainability, enhancing product performance, and enabling technological advancements across various sectors.
Shares of EMN have underperformed the broader market over the past year. The stock has gained 22.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 27%. Also, in 2024, EMN is up 12.2% compared to SPX’s 18.1% rise on a YTD basis.
