EASTMAN CHEMICAL CO
For the period ended Jun 30, 2025. Filed Aug 1, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 1, 2025
What changed in Management’s Discussion and Analysis?
Read the current filingPrevious report: 10-Q
Period ended 2025-03-31; filed 2025-04-25.
0000915389-25-000105
2. Management's Discussion and Analysis of Financial Condition and Results of OperationsNon-GAAP Financial MeasuresOverviewCurrent report: 10-Q
Period ended 2025-06-30; filed 2025-08-01.
0000915389-25-000155
2. Management's Discussion and Analysis of Financial Condition and Results of OperationsNon-GAAP Financial MeasuresOverviewThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 37 previous paragraphs and 40 current paragraphs.
33 unchanged; 3 reworded; 3 added; 1 removed; 0 previous and 1 current paragraphs rearranged.
Tables are not compared: 4 previous and 4 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (3)
Current report
Sales revenue decreased in second quarter and first six months 2025 compared to second quarter and first six months 2024 due to lower sales volume primarily driven by continued weakness across key end markets as well as the negative impact of an unplanned outage in the CI segment, partially offset by higher sales volume in the AFP segment.
Removed paragraphs (1)
Previous report
Sales revenue decreased in first quarter 2025 compared to first quarter 2024 as lower sales volume and an unfavorable shift in foreign currency exchange rates were partially offset by higher selling prices.
Reworded paragraphs (3)
Previous wording
•Asset impairments, restructuring, and other charges, net.
Current wording
•Asset impairments, restructuring, and other charges, net; and
Previous wording
EBIT excluding non-core items increased in first quarter 2025 compared to first quarter 2024 primarily due to the absence of start-up costs at the Kingsport methanolysis facility, as well as higher selling prices and lower distribution costs, net of higher raw material and energy costs. These net positive impacts were partially offset by lower sales volume in the Fibers segment and an unfavorable shift in foreign currency exchange rates.
Current wording
EBIT excluding non-core items decreased in second quarter and first six months 2025 compared to second quarter and first six months 2024 primarily due to lower sales volume, lower selling prices, net of higher raw material and energy costs, and higher maintenance costs. These factors were partially offset by lower variable compensation costs across the segments.
Previous wording
Cash used in operating activities was $167 million in first three months 2025 and $16 million in first three months 2024.
Current wording
Cash provided by operating activities was $66 million in first six months 2025 and $351 million in first six months 2024.
Rearranged current paragraphs (1)
Current report — wording carried from elsewhere
•Environmental and other costs from previously divested or non-operational sites and product lines.