KODKEASTMAN KODAK CO
Photographic Equipment & Supplies
- Revenue
- $1.1B
- 2.5% YoY
- Operating margin
- 0.0%
- 100% YoY
- EBITDA
- $29M
- 38% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 0.9×
- $27M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear0% of revenueOver 10% of revenue
- Payouts exceed cash flowClear2% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear1% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.1B | $1.2B | $1.1B | $1.0B | $1.1B | 2.5% |
| Operating income | −$46M | −$26M | $4M | −$7M | $0 | 100% |
| Net income | $24M | $26M | $80M | $102M | −$128M | 225% |
| Operating cash flow | −$47M | −$116M | $38M | −$7M | $480M | 6957% |
| Capex | $21M | $31M | $32M | $56M | $34M | 39% |
| Stock-based comp | $7M | $5M | $7M | $6M | $5M | 17% |
| Buybacks | $1M | $1M | $0 | $1M | $7M | 600% |
| Dividends | $7M | $4M | $4M | $4M | $2M | 50% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $7M | $9M | 104 | 141 |
| FY2024 | $6M | $9M | 81 | 118 |
| FY2023 | $7M | $7M | 48 | 119 |
| FY2022 | $3M | $2M | 37 | 98 |
| FY2021 | $6M | $4M | 57 | 127 |