Is EASTMAN CHEMICAL CO (EMN) Halal?

NYSE Basic Materials United States $8.1B
✗ NOT HALAL
Confidence: 90/100
EASTMAN CHEMICAL CO (EMN) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 59.7% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. EASTMAN CHEMICAL CO operates in the Basic Materials sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 59.7%
/ 30%
7.1%
/ 30%
12.5%
/ 30%
0.13%
/ 5%
✗ NOT HALAL
DJIM 59.7%
/ 33%
7.1%
/ 33%
12.5%
/ 33%
0.13%
/ 5%
✗ NOT HALAL
MSCI 32.2%
/ 33%
3.8%
/ 33%
6.7%
/ 33%
0.13%
/ 5%
✓ HALAL
S&P 59.7%
/ 33%
7.1%
/ 33%
12.5%
/ 33%
0.13%
/ 5%
✗ NOT HALAL
FTSE 32.2%
/ 33%
3.8%
/ 33%
6.7%
/ 50%
0.13%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
17.4
Forward: 10.5
EPS
$4.10
Dividend Yield
469.0%
Payout: 81.2%
P/B Ratio
1.4
EV/EBITDA
8.7
EV: $12.7B
Revenue
$8.8B
Growth: -12.1%
Beta
1.2
High volatility
Current Ratio
1.4

Profitability

Gross Margin 21.1%
Operating Margin 7.2%
Net Margin 5.4%
Return on Equity (ROE) 8.0%
Return on Assets (ROA) 4.0%

Cash Flow & Balance Sheet

Operating Cash Flow$970M
Free Cash Flow$424M
Total Debt$4.8B
Debt-to-Equity84.4
Current Ratio1.4
Total Assets$14.9B

Price & Trading

Last Close$72.50
50-Day MA$72.82
200-Day MA$68.25
Avg Volume1.7M
Beta1.2
52-Week Range
$56.11
$88.73

About EASTMAN CHEMICAL CO (EMN)

CEO
Mr. Mark J. Costa
Employees
13,000
Sector
Basic Materials
Industry
Specialty Chemicals
Country
United States
Exchange
NYSE
Market Cap
$8.1B
Currency
USD

Eastman Chemical Company operates as a specialty materials company in the United States, China, and internationally. The company's Additives & Functional Products segment offers amine derivative-based building blocks, intermediates for surfactants, metam-based soil fumigants, and organic acid-based solutions; specialty coalescent and solvents, paint additives, and specialty polymers; and heat transfer and aviation fluids. It serves transportation, personal care, wellness, food, feed, agriculture, building and construction, water treatment, energy, consumables, durables, and electronics markets. Its Advanced Materials segment provides copolyesters, cellulosic biopolymers, polyvinyl butyral sheets, polyester films and window and protective films for value-added end uses in the transportation, durables, electronics, building and construction, medical and pharma, and consumables end-markets. The company's Chemical Intermediates segment offers olefin and acetyl derivatives, methylamines and salts, higher amines and solvents, ethylene, and commodity solvents; and primary non-phthalate and phthalate plasticizers, and niche non-phthalate plasticizers for industrial chemicals and processing, building and construction, health and wellness, and food and feed. Its Fibers segment provides cellulose acetate tow, triacetin, cellulose acetate flake, acetic acid, and acetic anhydride for use in filtration media primarily cigarette filters; natural and solution dyed acetate yarns, and staple fiber for use in consumables, and health and wellness markets; and wet-laid nonwoven media, specialty and engineered papers, and cellulose acetate fibers for transportation, industrial, agriculture and mining, and aerospace markets. Eastman Chemical Company was founded in 1920 and is headquartered in Kingsport, Tennessee.

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Frequently Asked Questions

Is EASTMAN CHEMICAL CO (EMN) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), EASTMAN CHEMICAL CO is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is EASTMAN CHEMICAL CO's debt ratio?

EASTMAN CHEMICAL CO's debt ratio is 59.7% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 32.2%.

What are EASTMAN CHEMICAL CO's key financial metrics?

EASTMAN CHEMICAL CO has a market capitalization of $8.1B, trailing P/E ratio of 17.4, and revenue of $8.8B. The company maintains a gross margin of 21.1% and a net margin of 5.4%. Return on equity stands at 8.0%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.