InsiderClue
Stocks · Industrials · Photographic Equipment & Supplies

EASTMAN KODAK CO

KODK Clue Score35
United States Fiscal year ends December CIK 0000031235
$9.21 -3.96% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $9.21 +33.48% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue1,643.0Operating income113.0Net income15.0EPS, diluted0.28Fiscal year 2017Revenue1,386.0 −15.6%Operating income−207.0Net income94.0 +526.7%EPS, diluted1.76 +528.6%Fiscal year 2018Revenue1,320.0 −4.8%Operating income−118.0Net income−16.0 −117.0%EPS, diluted−0.84 −147.7%Fiscal year 2019Revenue1,242.0 −5.9%Operating income−102.0Net income116.0EPS, diluted2.23Fiscal year 2020Revenue1,029.0 −17.1%Operating income−74.0Net income−541.0 −566.4%EPS, diluted−9.77 −538.1%Fiscal year 2021Revenue1,150.0 +11.8%Operating income−46.0Net income24.0EPS, diluted0.27Fiscal year 2022Revenue1,205.0 +4.8%Operating income−26.0Net income26.0 +8.3%EPS, diluted0.16 −40.7%Fiscal year 2023Revenue1,117.0 −7.3%Operating income4.0Net income75.0 +188.5%EPS, diluted0.67 +318.8%Fiscal year 2024Revenue1,043.0 −6.6%Operating income−7.0Net income102.0 +36.0%EPS, diluted0.90 +34.3%Fiscal year 2025Revenue1,069.0 +2.5%Operating income0.0Net income−128.0 −225.5%EPS, diluted−1.78 −297.8%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 1,643.0 1,386.0 1,320.0 1,242.0 1,029.0 1,150.0 1,205.0 1,117.0 1,043.0 1,069.0
Growth −15.6% −4.8% −5.9% −17.1% +11.8% +4.8% −7.3% −6.6% +2.5%
Operating income 113.0 −207.0 −118.0 −102.0 −74.0 −46.0 −26.0 4.0 −7.0 0.0
Net income 15.0 94.0 −16.0 116.0 −541.0 24.0 26.0 75.0 102.0 −128.0
Growth +526.7% −117.0% −566.4% +8.3% +188.5% +36.0% −225.5%
EPS, diluted 0.28 1.76 −0.84 2.23 −9.77 0.27 0.16 0.67 0.90 −1.78
Growth +528.6% −147.7% −538.1% −40.7% +318.8% +34.3% −297.8%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin24.5%Operating margin6.9%Net margin0.9%Free cash flow margin−3.4%Fiscal year 2017Gross margin15.2%Operating margin−14.9%Net margin6.8%Free cash flow margin−7.6%Fiscal year 2018Gross margin13.6%Operating margin−8.9%Net margin−1.2%Free cash flow margin−7.2%Fiscal year 2019Gross margin14.7%Operating margin−8.2%Net margin9.3%Free cash flow margin−0.2%Fiscal year 2020Gross margin13.1%Operating margin−7.2%Net margin−52.6%Free cash flow margin−5.1%Fiscal year 2021Gross margin14.3%Operating margin−4.0%Net margin2.1%Free cash flow margin−5.9%Fiscal year 2022Gross margin14.1%Operating margin−2.2%Net margin2.2%Free cash flow margin−12.2%Fiscal year 2023Gross margin18.8%Operating margin0.4%Net margin6.7%Free cash flow margin0.5%Fiscal year 2024Gross margin19.5%Operating margin−0.7%Net margin9.8%Free cash flow margin−6.0%Fiscal year 2025Gross margin21.7%Operating margin0.0%Net margin−12.0%Free cash flow margin41.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 24.5% 15.2% 13.6% 14.7% 13.1% 14.3% 14.1% 18.8% 19.5% 21.7%
Operating margin 6.9% −14.9% −8.9% −8.2% −7.2% −4.0% −2.2% 0.4% −0.7% 0.0%
Net margin 0.9% 6.8% −1.2% 9.3% −52.6% 2.1% 2.2% 6.7% 9.8% −12.0%
Free cash flow margin −3.4% −7.6% −7.2% −0.2% −5.1% −5.9% −12.2% 0.5% −6.0% 41.7%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−15.0Capital expenditure−41.0Free cash flow−56.0Buybacks−3.0Fiscal year 2017Operating cash flow−67.0Capital expenditure−38.0Free cash flow−105.0Buybacks−1.0Dividends paid−10.0Fiscal year 2018Operating cash flow−62.0Capital expenditure−33.0Free cash flow−95.0Dividends paid−8.0Fiscal year 2019Operating cash flow12.0Capital expenditure−15.0Free cash flow−3.0Dividends paid−3.0Fiscal year 2020Operating cash flow−35.0Capital expenditure−17.0Free cash flow−52.0Buybacks0.0Dividends paid−22.0Fiscal year 2021Operating cash flow−47.0Capital expenditure−21.0Free cash flow−68.0Buybacks−1.0Dividends paid−7.0Fiscal year 2022Operating cash flow−116.0Capital expenditure−31.0Free cash flow−147.0Buybacks−1.0Dividends paid−4.0Fiscal year 2023Operating cash flow38.0Capital expenditure−32.0Free cash flow6.0Buybacks0.0Dividends paid−4.0Fiscal year 2024Operating cash flow−7.0Capital expenditure−56.0Free cash flow−63.0 −1,150.0%Buybacks−1.0Dividends paid−4.0Fiscal year 2025Operating cash flow480.0Capital expenditure−34.0Free cash flow446.0Buybacks−7.0Dividends paid−2.0
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −15.0 −67.0 −62.0 12.0 −35.0 −47.0 −116.0 38.0 −7.0 480.0
Capital expenditure −41.0 −38.0 −33.0 −15.0 −17.0 −21.0 −31.0 −32.0 −56.0 −34.0
Free cash flow −56.0 −105.0 −95.0 −3.0 −52.0 −68.0 −147.0 6.0 −63.0 446.0
Growth −1,150.0%
Buybacks −3.0 −1.0 n/a n/a 0.0 −1.0 −1.0 0.0 −1.0 −7.0
Dividends paid n/a −10.0 −8.0 −3.0 −22.0 −7.0 −4.0 −4.0 −4.0 −2.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash434.0Total debt405.0Net cash (debt)29.0Shareholders’ equity−73.0Fiscal year 2017Cash343.0Total debt399.0Net cash (debt)−56.0Shareholders’ equity57.0Debt to equity7.00Fiscal year 2018Cash233.0Total debt401.0Net cash (debt)−168.0Shareholders’ equity−3.0Fiscal year 2019Cash233.0Total debt111.0Net cash (debt)122.0Shareholders’ equity99.0Debt to equity1.12Fiscal year 2020Cash196.0Total debt19.0Net cash (debt)177.0Shareholders’ equity77.0Debt to equity0.25Fiscal year 2021Cash362.0Total debt254.0Net cash (debt)108.0Shareholders’ equity781.0Debt to equity0.33Fiscal year 2022Cash217.0Total debt317.0Net cash (debt)−100.0Shareholders’ equity1,041.0Debt to equity0.30Fiscal year 2023Cash255.0Total debt458.0Net cash (debt)−203.0Shareholders’ equity931.0Debt to equity0.49Fiscal year 2024Cash201.0Total debt467.0Net cash (debt)−266.0Shareholders’ equity641.0Debt to equity0.73Fiscal year 2025Cash337.0Total debt209.0Net cash (debt)128.0Shareholders’ equity614.0Debt to equity0.34
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 434.0 343.0 233.0 233.0 196.0 362.0 217.0 255.0 201.0 337.0
Total debt 405.0 399.0 401.0 111.0 19.0 254.0 317.0 458.0 467.0 209.0
Net cash (debt) 29.0 −56.0 −168.0 122.0 177.0 108.0 −100.0 −203.0 −266.0 128.0
Shareholders’ equity −73.0 57.0 −3.0 99.0 77.0 781.0 1,041.0 931.0 641.0 614.0
Debt to equity n/a 7.00 n/a 1.12 0.25 0.33 0.30 0.49 0.73 0.34

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
1,643.0 1,386.0 1,320.0 1,242.0 1,029.0 1,150.0 1,205.0 1,117.0 1,043.0 1,069.0
Growth −15.6% −4.8% −5.9% −17.1% +11.8% +4.8% −7.3% −6.6% +2.5%
1,240.0 1,175.0 1,140.0 1,060.0 894.0 986.0 1,035.0 907.0 840.0 837.0
403.0 211.0 180.0 182.0 135.0 164.0 170.0 210.0 203.0 232.0
Growth −47.6% −14.7% +1.1% −25.8% +21.5% +3.7% +23.5% −3.3% +14.3%
60.0 64.0 48.0 42.0 34.0 33.0 34.0 34.0 33.0 33.0
198.0 239.0 224.0 211.0 172.0 177.0 153.0 159.0 179.0 174.0
113.0 −207.0 −118.0 −102.0 −74.0 −46.0 −26.0 4.0 −7.0 0.0
Growth −283.2% −275.0%
51.0 −26.0 −13.0 −60.0 −376.0 28.0 31.0 87.0 110.0 −112.0
33.0 −120.0 −4.0 31.0 168.0 4.0 5.0 12.0 8.0 16.0
15.0 94.0 −16.0 116.0 −541.0 24.0 26.0 75.0 102.0 −128.0
Growth +526.7% −117.0% −566.4% +8.3% +188.5% +36.0% −225.5%
Per share
0.28 1.76 −0.84 2.23 −9.77 0.28 0.16 0.71 0.97 −1.78
0.28 1.76 −0.84 2.23 −9.77 0.27 0.16 0.67 0.90 −1.78
Growth +528.6% −147.7% −538.1% −40.7% +318.8% +34.3% −297.8%
42.2 42.5 42.7 43.0 57.4 78.4 78.9 79.4 80.1 87.0
42.5 42.7 42.7 43.0 57.4 80.5 80.6 90.5 92.3 87.0
Growth +0.5% +0.0% +0.7% +33.5% +40.2% +0.1% +12.3% +2.0% −5.7%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 0.8% a year over five years.
  • The diluted share count rose 51.6% in five years, which is dilution.
  • Operating margin is up 7.2 points on five years ago, at 0.0%.
  • A net loss in 3 of 10 years on file.