KODKNYSEPhotographic Equipment & SuppliesFiscal year ends December 31
EASTMAN KODAK CO
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$8.93+0.08 (+0.90%)
Close on Oct 19, 2026
- Market cap
- $918.00M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
21.7%+8.6 pts over 5 years
Operating margin
0.0%+7.2 pts over 5 years
Net margin
-12.0%+40.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +2.5% | -3.9% | +0.8% | -5.1% | |
| Gross profit | +14.3% | +10.9% | +11.4% | -4.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 600.0% | -614.8% | -20.4% | |
| Return on assets | 0.8% | -40.6% | -7.1% | |
| Current ratio | 2.49 | 2.12 | 3.14 | |
| Debt to equity | -5.63 | 0.25 | 0.34 | |
| Net debt to EBITDA | -0.11× | 4.78× | -4.41× | |
| Interest coverage | 1.9× | -6.2× | 0.0× | |
| Inventory turnover | 4.6× | 4.2× | 3.8× | |
| Capex to revenue | 2.5% | 1.7% | 3.2% | |
| Diluted shares | 43M | 57M | 87M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Eastman Kodak generated $688.00M from operations and spent $205.00M on capital expenditure, dividends and share buybacks. 85% of that went back into the business.
Generated
$688.00M
Used
$205.00M
Capital expenditure$174.00M85%Dividends$21.00M10%Share buybacks$10.00M5%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-12.0%
×Asset turnover0.59×
×Equity multiplier2.88×
=Return on equity, FY2025-20.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -12.0% | 0.59× | 2.88× | -20.4% |
| FY2024 | 9.8% | 0.48× | 2.77× | 13.0% |
| FY2023 | 6.7% | 0.48× | 2.35× | 7.6% |
| FY2022 | 2.2% | 0.54× | 2.45× | 2.9% |
| FY2021 | 2.1% | 0.67× | 3.98× | 5.6% |
| FY2020 | -52.6% | 0.77× | 15.13× | -614.8% |
| FY2019 | 9.3% | 0.85× | 30.47× | 241.7% |
| FY2018 | -1.2% | 0.82× | 59.57× | -59.3% |
| FY2017 | 6.8% | 0.80× | -217.69× | -1175.0% |
| FY2016 | 0.9% | 0.84× | 782.80× | 600.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$128.00M
- Cash generatingOperating cash flow above zero$480.00M
- Return on assets improvedROA up on the prior year4.3% → -6.4%
- Earnings backed by cashOperating cash flow above net income$480.00M vs -$128.00M
- Less leverageLong-term debt to assets fell23.3% → 12.9%
- Better liquidityCurrent ratio rose2.28 → 3.14
- No dilutionShare count did not rise92M → 87M
- Gross margin improvedGross margin up on the prior year19.46% → 21.70%
- More efficientAsset turnover rose0.44 → 0.53