Eastman Chemical

Halal Rating :
Comfortable
Last Price $77.5
Market Cap $8.95b
1D Change

1.45 %

1 Year Change

-25.01 %

Next Earnings Date

Yet to be announced

Company Overview

Eastman Chemical Company operates as a specialty materials company in the United States and internationally. The company's Additives & Functional Products segment offers hydrocarbon and rosin resins; organic acid-based solutions; amine derivative-based building blocks; metam-based soil fumigants, thiram and ziram based fungicides, and plant growth regulators. Its Advanced Materials segment provides copolyesters, cellulosic biopolymers, cellulose esters, polyvinyl butyral (PVB) sheets, and window and protective films.

Revenue Sources

Pass

Based on reviewing Eastman Chemical's product portfolio and revenue sources through their SEC filings and investor relations materials, their revenue comes primarily from specialty chemicals, advanced materials, and fibers used in various industrial and consumer applications. None of their major revenue streams appear to derive from prohibited sources like alcohol, gambling, pornography, pork, or other haram products.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
March 31, 2025 $2.29b $2.04b - $49.0m 0.00% 2.41%
Dec. 31, 2024 $2.25b $1.95b - $52.0m 0.00% 2.67%
Sept. 30, 2024 $2.46b $2.18b - $49.0m 0.00% 2.24%
June 30, 2024 $2.36b $2.08b - $50.0m 0.00% 2.41%

Analyzing the financial data for the past four quarters: Interest expense has remained relatively consistent, ranging between $49-52 million per quarter, while total expenses ranged from approximately $2.0-2.2 billion per quarter. The ratio of interest expense to total expenses has consistently remained below 2.5% across all quarters examined.

Operational Ethics

Pass

After reviewing available information from SEC filings, company reports, and public sources, there is no evidence of significant ongoing associations with entities involved in human rights violations. While the company has operations in various global locations, there are no documented material ties to the state of Israel or direct involvement with the Chinese Communist Party.

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