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Eastman Chemical Company — Third Quarter 2026 Earnings Summary

  • Q3 2026 sales revenue rose 8% year-over-year to $2,385 million, while adjusted EPS increased to $1.84 from $1.14 in Q3 2025; full-year 2026 adjusted EPS guidance remains $6.00–$6.20.
  • Net debt increased to $4,450 million as of September 30, 2026, from $4,221 million at year-end 2025, with operating cash flow for the quarter declining to $290 million from $402 million.
  • Management anticipates sequential demand declines in Q4 2026 due to seasonality and customer caution, though innovation and price actions are expected to offset rising raw material and distribution costs.
  • A $375 million U.S. Department of Energy award was reinstated to support the circular platform, and the company returned $96 million to stockholders via dividends in the quarter.
Company
EASTMAN CHEMICAL CO
Sector
Basic Materials
Industry
Specialty Chemicals