EASTMAN CHEMICAL CO
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.55B | $9.01B | $9.65B | $9.53B | $9.35B | $8.10B | $7.18B | $5.84B |
| Cost of Revenue | $7.19B | $6.65B | $7.07B | $7.31B | $6.57B | $6.34B | $5.61B | $4.38B |
| Gross Profit | $2.36B | $2.36B | $2.58B | $2.22B | $2.78B | $1.76B | $1.57B | $1.46B |
| Gross Margin | 24.7% | 26.2% | 26.7% | 23.3% | 29.7% | 21.7% | 21.9% | 25.0% |
| Operating Expenses | ||||||||
| Research & Development | $227.0M | $223.0M | $242.0M | $227.0M | $193.0M | $198.0M | $159.0M | $152.0M |
| SG&A Expense | $729.0M | $707.0M | $771.0M | $755.0M | $645.0M | $644.0M | $481.0M | $434.0M |
| Operating Income | $1.53B | $1.38B | $1.38B | $1.16B | $1.86B | $800.0M | $937.0M | $844.0M |
| Operating Margin | 16.0% | 15.4% | 14.3% | 12.2% | 19.9% | 9.9% | 13.1% | 14.4% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $1.29B | $1.05B | $1.13B | $990.0M | $1.68B | $649.0M | $881.0M | $620.0M |
| Income Tax Expense | $-99.0M | $190.0M | $275.0M | $235.0M | $507.0M | $206.0M | $274.0M | $202.0M |
| Net Income | $1.38B | $854.0M | $848.0M | $751.0M | $1.17B | $437.0M | $646.0M | $425.0M |
| Net Margin | 14.5% | 9.5% | 8.8% | 7.9% | 12.5% | 5.4% | 9.0% | 7.3% |
| EPS (Basic) | $9.56 | $5.80 | $5.71 | $5.03 | $7.57 | $3.00 | $4.63 | $2.95 |
| EPS (Diluted) | $9.47 | $5.75 | $5.66 | $4.97 | $7.44 | $2.93 | $4.52 | $2.88 |
| Shares Outstanding (Basic) | 144.8M | 147.3M | 148.6M | 149.5M | 154.0M | 145.5M | 139.7M | 144.2M |
| Shares Outstanding (Diluted) | 146.1M | 148.4M | 149.8M | 151.1M | 156.5M | 149.1M | 143.1M | 147.8M |
| Dividends Per Share | $2.09 | $1.89 | $1.66 | $1.45 | $1.25 | $1.08 | $0.99 | $0.90 |