Revenue vs Net income
Reported dollars from 10-Q / 10-K filings. Q4 bars are derived (annual less nine months) where the 10-K does not tag Q4 separately.
Margin trend
Gross, operating and net margin. Margins are derived from reported dollars.
Revenue YoY growth
Year-over-year change vs the same quarter (or fiscal year) a year earlier. Shown where the prior-year period is in the 8-quarter snapshot (latest four quarters).
Income statement
From 10-Q / 10-K XBRL. Values in reported dollars; EPS in $/share; share counts in shares.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.5B | $2.2B | $2.3B | $2.3B | $2.2B | $2.0B | $2.2B | $2.5B |
| YoY | — | — | — | — | -10.6% | -12.1% | -4.9% | +9.9% |
| Cost of goods sold | $1.9B | $1.7B | $1.7B | $1.8B | $1.8B | $1.6B | $1.7B | $2.0B |
| YoY | — | — | — | — | -4.8% | -3.3% | +1.3% | +9.7% |
| Gross profit | $605.0M | $554.0M | $567.0M | $506.0M | $433.0M | $338.0M | $431.0M | $560.0M |
| YoY | — | — | — | — | -28.4% | -39.0% | -24.0% | +10.7% |
| Research & development | $65.0M | $66.0M | $67.0M | $67.0M | $63.0M | $58.0M | $60.0M | $65.0M |
| YoY | — | — | — | — | -3.1% | -12.1% | -10.4% | -3.0% |
| Selling, general & administrative | $183.0M | $182.0M | $182.0M | $157.0M | $160.0M | $159.0M | $178.0M | $185.0M |
| YoY | — | — | — | — | -12.6% | -12.6% | -2.2% | +17.8% |
| Operating income | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Pretax income | $280.0M | $297.0M | $253.0M | $169.0M | $134.0M | $12.0M | $136.0M | $256.0M |
| YoY | — | — | — | — | -52.1% | -96.0% | -46.2% | +51.5% |
| Income tax | $99.0M | $-34.0M | $70.0M | $29.0M | $87.0M | $-93.0M | $29.0M | $72.0M |
| YoY | — | — | — | — | -12.1% | -173.5% | -58.6% | +148.3% |
| Net income | $180.0M | $330.0M | $182.0M | $140.0M | $47.0M | $105.0M | $107.0M | $183.0M |
| YoY | — | — | — | — | -73.9% | -68.2% | -41.2% | +30.7% |
| EPS — basic | $1.55 | — | $1.58 | $1.22 | $0.41 | — | $0.93 | $1.60 |
| YoY | — | — | — | — | -73.5% | — | -41.1% | +31.1% |
| EPS — diluted | $1.53 | — | $1.57 | $1.20 | $0.40 | — | $0.93 | $1.59 |
| YoY | — | — | — | — | -73.9% | — | -40.8% | +32.5% |
| Weighted shares — basic | 116.4M | — | 115.2M | 115.0M | 114.4M | — | 114.2M | 114.3M |
| Weighted shares — diluted | 117.8M | — | 116.5M | 116.2M | 115.4M | — | 115.0M | 115.3M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | — | $837.0M | — | — | — | $566.0M | — | — |
| YoY | — | — | — | — | — | -32.4% | — | — |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $980.0M | $791.0M | $894.0M | $988.0M | $933.0M | $737.0M | $949.0M | $1.1B |
| YoY | — | — | — | — | -4.8% | -6.8% | +6.2% | +11.0% |
| Inventory | $1.9B | $2.0B | $2.1B | $2.2B | $1.9B | $2.0B | $2.1B | $2.1B |
| YoY | — | — | — | — | +1.7% | -0.4% | -1.8% | -2.3% |
| Total current assets | $3.9B | $4.1B | $3.9B | $4.0B | $3.8B | $3.6B | $4.1B | $4.3B |
| YoY | — | — | — | — | -3.8% | -11.1% | +4.0% | +5.8% |
| Total assets | $15.1B | $15.2B | $15.0B | $15.2B | $15.0B | $14.9B | $15.2B | $15.4B |
| YoY | — | — | — | — | -0.5% | -2.3% | +1.7% | +1.3% |
| Total current liabilities | $2.6B | $2.7B | $2.3B | $2.4B | $2.2B | $2.7B | $2.8B | $2.8B |
| YoY | — | — | — | — | -16.8% | -2.1% | +22.0% | +19.0% |
| Total liabilities | $9.3B | $9.4B | $9.0B | $9.3B | $9.1B | $8.8B | $9.1B | $9.2B |
| YoY | — | — | — | — | -2.1% | -5.8% | +1.2% | -0.7% |
| Total equity | $5.7B | $5.8B | $5.9B | $5.8B | $5.8B | $6.0B | $6.0B | $6.1B |
| YoY | — | — | — | — | +2.1% | +3.1% | +2.4% | +4.5% |
| Shares outstanding | — | 223.6M | — | — | — | 223.9M | — | — |
| YoY | — | — | — | — | — | +0.1% | — | — |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $396.0M | $540.0M | $-167.0M | $233.0M | $402.0M | $502.0M | $-137.0M | $224.0M |
| YoY | — | — | — | — | +1.5% | -7.0% | +18.0% | -3.9% |
| Capital expenditures | $120.0M | $179.0M | $147.0M | $150.0M | $137.0M | $112.0M | $103.0M | $100.0M |
| YoY | — | — | — | — | +14.2% | -37.4% | -29.9% | -33.3% |
| Free cash flow | $276.0M | $361.0M | $-314.0M | $83.0M | $265.0M | $390.0M | $-240.0M | $124.0M |
| YoY | — | — | — | — | -4.0% | +8.0% | +23.6% | +49.4% |
| Dividends paid | $95.0M | $94.0M | $96.0M | $95.0M | $96.0M | $94.0M | $96.0M | $96.0M |
| YoY | — | — | — | — | +1.1% | +0.0% | +0.0% | +1.1% |
| Share repurchases | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
Margins & ratios
Derived from the reported dollars above — no separate source.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 24.6% | 24.7% | 24.8% | 22.1% | 19.7% | 17.1% | 19.8% | 22.3% |
| Operating margin | — | — | — | — | — | — | — | — |
| Net margin | 7.3% | 14.7% | 7.9% | 6.1% | 2.1% | 5.3% | 4.9% | 7.3% |
| Free cash flow margin | 11.2% | 16.1% | -13.7% | 3.6% | 12.0% | 19.8% | -11.0% | 4.9% |
| Effective tax rate | 35.4% | -11.4% | 27.7% | 17.2% | 64.9% | -775.0% | 21.3% | 28.1% |
| Current ratio | 1.52x | 1.51x | 1.72x | 1.68x | 1.76x | 1.37x | 1.47x | 1.50x |
| Total liabilities / equity | 1.65x | 1.62x | 1.54x | 1.60x | 1.58x | 1.48x | 1.52x | 1.52x |
Peer comparison — latest full year
Same sector (Materials), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| EMN FY25 · this stock | $8.8B | -6.7% | 21.1% | — | 5.4% | 4.8% |
| DOW FY25 | $40.0B | -7.0% | — | — | — | — |
| LIN FY25 | $34.0B | +3.0% | — | 26.3% | 20.3% | 15.0% |
| NUE FY25 | $32.5B | +5.7% | — | — | 5.4% | -0.6% |
| FCX FY25 | $25.9B | +1.8% | — | 25.2% | — | — |
| SHW FY25 | $23.6B | +2.1% | 48.8% | — | 10.9% | — |
| NEM FY25 | $22.7B | +21.3% | — | — | 31.3% | — |
| STLD FY25 | $18.2B | +3.6% | 13.2% | 8.1% | 6.5% | 2.8% |
| CTVA FY25 | $17.4B | +2.9% | — | — | 6.3% | — |
| ECL FY25 | $16.1B | +2.2% | — | 17.0% | 12.9% | 11.8% |
| PPG FY25 | $15.9B | +0.2% | — | — | 9.9% | 7.3% |
Source: SEC EDGAR XBRL company facts (10-Q / 10-K), snapshot generated 2026-11-03 for 218 tickers. Q4 values are derived as the 10-K annual less the first nine months, since Q4 is not separately tagged in company facts; cash-flow quarterly values are derived from year-to-date filings the same way. Free cash flow = operating cash flow − capital expenditures. Blank cells mean the filing does not report that line item under a standard US-GAAP tag — nothing is estimated or filled in. Descriptive research, not investment advice. How EarnIQ builds fundamentals.