S&P 500 comparison · Materials

Ecolab vs Eastman Chemical Co.

Prices at close . Model readings .

Ecolab

$292.41+0.39%
Month: negativeLong run: neutral

Eastman Chemical Co.

$66.67+0.83%
Month: negativeLong run: neutral
Price change

Price change, with the S&P 500 as a benchmark

Percent change in each close since the start of the chosen range, for both companies and the S&P 500 (SPY). Daily closes over the last year, weekly before that and monthly before five years.

In short

How the two compare

On the latest closes (28 Oct 2026), Ecolab is the larger company by market value ($82.52B against $7.69B). Over the past year Ecolab returned +5.4% and Eastman Chemical Co. +8.4%, while the S&P 500 returned +12.7%. The latest filed P/E is 37.7 for Ecolab and 14.9 for Eastman Chemical Co., and the operating margin 17.2% against 5.7%. Over the next 21 sessions the model expects −0.16% for Ecolab, with a 43% chance of a rise, and −0.54% for Eastman Chemical Co., with a 16% chance. Ecolab's long-run fair value is $276.85, a gap of −5.3% to its price; the long-run model view is neutral. Eastman Chemical Co.'s long-run fair value is $64.90, a gap of −2.7% to its price; the long-run model view is neutral.

Model view

What the model expects

Expected returns and the chance of a rise from our forecasting models, and the long-run fair value against the price. Readings, not advice.

Model readings:
Expected returnnext 21 sessions
ECL−0.16%
EMN−0.54%
Chance of a risenext 21 sessions
ECL43%
EMN16%
Expected returnnext 63 sessions
ECL+0.8%
EMN+0.33%
Range of outcomes63 sessions, 80% band
ECL−14.4% to +16%
EMN−18.8% to +19.4%
Chance of a risenext 63 sessionsMembers only · see plans
Long-run fair valueintrinsic value model
ECL$276.8528 Oct 2026
EMN$64.9028 Oct 2026
Gap to pricefair value against the close
ECL−5.3%
EMN−2.7%
Past readings that matchedsign of the 21-session outcome
ECL42%of 269
EMN51.3%of 269
Price performance

How the prices moved

Price change over each period, with the S&P 500 (SPY) for comparison.

Closes to
1 monthS&P 500: +1.1%
ECL+5.2%
EMN+1.4%
6 monthsS&P 500: +8.5%
ECL+14.3%
EMN−4.3%
Year to dateS&P 500: +13.3%
ECL+12%
EMN+6.9%
1 yearS&P 500: +12.7%
ECL+5.4%
EMN+8.4%
5 yearsS&P 500: +70.7%
ECL+39.8%
EMN−26.2%
1 year against the S&P 500percentage points
ECL−7.3 pts
EMN−4.3 pts
Position in the 52-week range0% low, 100% high
ECL77%close $292.41 in $242.49 to $307.61
EMN46%close $66.67 in $54.12 to $81.56
Against the 200-day average
ECL+6.3%
EMN−5.2%
Valuation

What the market pays

Size and the multiples from the latest filed quarter. A P/E on losses reads n/m.

Filings: quarter to
Market value
ECL$82.52B28 Oct 2026
EMN$7.69B28 Oct 2026
Enterprise valueat the last filing
ECL$86.66B30 Jun 2026
EMN$12.94B30 Jun 2026
P/Elatest filed
ECL37.7
EMN14.9
Price to book
ECL7.80
EMN1.25
EV / EBITDA
ECL24.80
EMN17.53
Free cash flow yield
ECL2.38%
EMN6.98%
Dividend yield
ECL1.01%
EMN4.95%
Questions

Ecolab or Eastman Chemical Co.: common questions

Which is larger by market value, Ecolab or Eastman Chemical Co.?

Ecolab, at $82.52B against $7.69B for Eastman Chemical Co., on the latest closes (28 Oct 2026).

Which has the higher P/E ratio, Ecolab or Eastman Chemical Co.?

Ecolab has the higher latest filed P/E, 37.7; Eastman Chemical Co.'s is 14.9. Filings: quarter to 30 Jun 2026.

How did Ecolab and Eastman Chemical Co. move over the past year against the S&P 500?

Over the past year Ecolab returned +5.4% and Eastman Chemical Co. +8.4%, while the S&P 500 returned +12.7%. Prices at close 28 Oct 2026.

What does the model expect for Ecolab and Eastman Chemical Co. over the next month?

−0.16% for Ecolab with a 43% chance of a rise, and −0.54% for Eastman Chemical Co. with a 16% chance, over the next 21 sessions. Model readings 28 Oct 2026. These are model readings, not advice.

How do the operating margins of Ecolab and Eastman Chemical Co. compare?

The operating margin is 17.2% for Ecolab and 5.7% for Eastman Chemical Co., and the gross margin 44.1% against 22.3%. Filings: quarter to 30 Jun 2026.

Do Ecolab and Eastman Chemical Co. shares move together?

Over the past year the correlation of their daily returns was 0.47 (loosely together); 1 means they always move together, 0 unrelated, −1 opposite. Prices at close 28 Oct 2026.

In the consoleCompare up to four companies with every model readingMembers see the 63-session chance of a rise and all four horizons, side by side in Research › Compare.
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The two company pagesEcolab (ECL) forecast and analysisEastman Chemical Co. (EMN) forecast and analysis
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BrowseAll Materials companiesAll comparisonsHow the model readings are made

Model readings are research estimates, not investment advice. Prices: daily closes. Fundamentals: the latest SEC filings. Short interest: FINRA, settlement 30 Sep 2026. A dash means the figure is not in our data; it is never shown as zero. The model view follows a published rule: next month by the sign of the expected return, the long run positive at a fair value 10% or more above the price and negative at 10% or more below it.