EASTMAN CHEMICAL CO
Income Statement
| Line Item | FY2009 | FY2008 | FY2007 |
|---|---|---|---|
| Revenue | $4.40B | $5.94B | $6.83B |
| Cost of Revenue | $3.36B | $4.85B | $5.64B |
| Gross Profit | $1.03B | $1.08B | $1.19B |
| Gross Margin | 23.5% | 18.3% | 17.5% |
| Operating Expenses | |||
| Research & Development | $124.0M | $143.0M | $156.0M |
| SG&A Expense | $367.0M | $384.0M | $420.0M |
| Operating Income | $345.0M | $551.0M | $504.0M |
| Operating Margin | 7.8% | 9.3% | 7.4% |
| Interest Expense | — | — | — |
| Pretax Income | $254.0M | $461.0M | $470.0M |
| Income Tax Expense | $100.0M | $116.0M | $149.0M |
| Net Income | $136.0M | $346.0M | $300.0M |
| Net Margin | 3.1% | 5.8% | 4.4% |
| EPS (Basic) | $0.94 | $4.59 | $3.63 |
| EPS (Diluted) | $0.93 | $4.55 | $3.84 |
| Shares Outstanding (Basic) | 145.0M | 189.0M | — |
| Shares Outstanding (Diluted) | 146.8M | 189.0M | — |
| Dividends Per Share | $0.88 | — | — |