ESI · Element Solutions Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $2.55B | $2.46B | $2.33B | $2.55B | $2.40B | $1.85B |
| Cost of Revenue | $1.48B | $1.42B | $1.41B | $1.60B | $1.44B | $1.07B |
| Gross Profit | $1.07B | $1.04B | $918.50M | $952.70M | $960.80M | $786.00M |
| R&D | $67.60M | $63.00M | $68.10M | $48.80M | $49.70M | $48.60M |
| SG&A | $660.70M | $628.80M | $596.80M | $578.60M | $611.20M | $504.70M |
| Total Operating Expenses | $728.30M | $691.80M | $744.90M | $627.40M | $660.90M | $553.30M |
| D&A | $151.20M | $157.60M | $166.70M | $161.30M | $163.90M | $161.40M |
| Operating Income | $342.20M | $343.90M | $173.60M | $325.30M | $299.90M | $232.70M |
| Interest Expense | - | - | - | - | - | - |
| Income Tax | $74.60M | $44.80M | $13.00M | $85.80M | $48.30M | $4.30M |
| Net Income | $190.80M | $244.20M | $118.10M | $187.20M | $203.30M | $75.70M |
| EPS - Basic | $0.79 | $1.01 | $0.49 | $0.76 | $0.82 | $0.30 |
| EPS - Diluted | $0.79 | $1.01 | $0.49 | $0.76 | $0.82 | $0.30 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $626.50M | $359.40M | $289.30M | $265.60M | $330.10M | $291.90M |
| Accounts Receivable | $517.70M | $439.60M | $461.80M | $455.80M | $492.20M | $403.40M |
| Inventory | $294.70M | $246.20M | $298.90M | $290.70M | $274.40M | $203.10M |
| Accounts Payable | $165.50M | $121.30M | $140.60M | $132.20M | $138.40M | $95.60M |
| Current Assets | $1.58B | $1.27B | $1.20B | $1.19B | $1.21B | $989.90M |
| Total Assets | $5.10B | $4.87B | $4.97B | $4.90B | $5.14B | $4.48B |
| Current Liabilities | $429.90M | $379.70M | $369.40M | $344.40M | $415.20M | $314.30M |
| Long-term Debt | $1.64B | $1.84B | $1.95B | $1.91B | $1.93B | $1.54B |
| Total Liabilities | $2.41B | $2.48B | $2.63B | $2.55B | $2.64B | $2.17B |
| Stockholders' Equity | $2.67B | $2.38B | $2.33B | $2.33B | $2.48B | $2.32B |
| Retained Earnings | ($904.60M) | ($1.02B) | ($1.18B) | ($1.22B) | ($1.33B) | ($1.47B) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $289.80M | $362.00M | $333.60M | $276.00M | $326.00M | $276.00M |
| Investing Cash Flow | $286.10M | ($73.80M) | ($250.20M) | ($39.90M) | ($568.90M) | ($39.90M) |
| Financing Cash Flow | ($320.40M) | ($206.60M) | ($58.70M) | ($123.60M) | $290.00M | ($123.60M) |
| CapEx | $62.20M | $68.40M | $52.70M | $47.80M | $46.30M | $28.80M |
| Free Cash Flow | $227.60M | $293.60M | $280.90M | $228.20M | $279.70M | $247.20M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 42.0% | 42.2% | 39.4% | 37.4% | 40.0% | 42.4% |
| Operating margin | 13.4% | 14.0% | 7.4% | 12.8% | 12.5% | 12.6% |
| EBITDA margin | 19.3% | 20.4% | 14.6% | 19.1% | 19.3% | 21.3% |
| Net margin | 7.5% | 9.9% | 5.1% | 7.3% | 8.5% | 4.1% |
| Free cash flow margin | 8.9% | 12.0% | 12.0% | 9.0% | 11.7% | 13.3% |
| FCF / Net income | 1.19 | 1.20 | 2.38 | 1.22 | 1.38 | 3.27 |
| R&D / Revenue | 2.6% | 2.6% | 2.9% | 1.9% | 2.1% | 2.6% |
| SG&A / Revenue | 25.9% | 25.6% | 25.6% | 22.7% | 25.5% | 27.2% |
| Effective tax rate | 28.1% | 15.5% | 9.9% | 31.4% | 19.2% | 5.4% |
| Return on assets | 3.7% | 5.0% | 2.4% | 3.8% | 4.0% | 1.7% |
| Return on equity | 7.1% | 10.2% | 5.1% | 8.0% | 8.2% | 3.3% |
| Return on invested capital | 5.7% | 6.9% | 3.7% | 5.3% | 5.5% | 5.7% |
| Liquidity | ||||||
| Current ratio | 3.68 | 3.34 | 3.24 | 3.45 | 2.93 | 3.15 |
| Quick ratio | 3.00 | 2.70 | 2.43 | 2.61 | 2.26 | 2.50 |
| Cash ratio | 1.46 | 0.95 | 0.78 | 0.77 | 0.80 | 0.93 |
| Leverage | ||||||
| Debt / Equity | 0.61 | 0.77 | 0.84 | 0.82 | 0.78 | 0.66 |
| Debt / Assets | 0.32 | 0.38 | 0.39 | 0.39 | 0.38 | 0.34 |
| Debt / EBITDA | 3.32 | 3.67 | 5.73 | 3.93 | 4.16 | 3.90 |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | 1.91 | 2.05 | 2.14 | 2.10 | 2.07 | 1.93 |
| Liabilities / Assets | 0.47 | 0.51 | 0.53 | 0.52 | 0.51 | 0.48 |
| Efficiency | ||||||
| Asset turnover | 0.50 | 0.50 | 0.47 | 0.52 | 0.47 | 0.41 |
| Inventory turnover | 5.02 | 5.77 | 4.73 | 5.49 | 5.24 | 5.26 |
| Days sales outstanding | 74d | 65d | 72d | 65d | 75d | 79d |
| Days inventory outstanding | 73d | 63d | 77d | 66d | 70d | 69d |
| Days payable outstanding | 41d | 31d | 36d | 30d | 35d | 33d |
| Cash conversion cycle | 106d | 97d | 113d | 101d | 109d | 116d |
| Valuation | ||||||
| P / E | 31.6x | 25.2x | 47.2x | 23.9x | 29.6x | 59.1x |
| P / B | 2.3x | 2.6x | 2.4x | 1.9x | 2.4x | 1.9x |
| P / S | 2.4x | 2.5x | 2.4x | 1.8x | 2.5x | 2.4x |
| EV / EBITDA | 14.3x | 15.3x | 21.3x | 12.6x | 16.4x | 14.4x |
| Growth | ||||||
| Revenue growth (YoY) | 3.8% | 5.3% | -8.5% | 6.2% | 29.5% | 1.0% |
| Revenue CAGR (3y) | 0.0% | 0.8% | 8.0% | 11.6% | 10.7% | -21.1% |
| Revenue CAGR (5y) | 6.6% | 6.0% | 5.7% | -7.6% | -7.7% | - |
| Gross profit growth (YoY) | 3.4% | 12.8% | -3.6% | -0.8% | 22.2% | -0.3% |
| Operating income growth (YoY) | -0.5% | 98.1% | -46.6% | 8.5% | 28.9% | -6.6% |
| Net income growth (YoY) | -21.9% | 106.8% | -36.9% | -7.9% | 168.6% | -17.9% |
| EPS growth (YoY) | -21.8% | 106.1% | -35.5% | -7.3% | 173.3% | -14.3% |
| EPS CAGR (3y) | 1.3% | 7.2% | 17.8% | 29.5% | - | - |
| EPS CAGR (5y) | 21.4% | 23.6% | - | - | - | - |
| FCF growth (YoY) | -22.5% | 4.5% | 23.1% | -18.4% | 13.1% | 75.1% |
| FCF CAGR (5y) | -1.6% | 15.8% | - | 13.2% | 16.8% | - |
| Book value growth (YoY) | 12.2% | 2.3% | -0.2% | -6.0% | 6.9% | 4.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$2.55B totalElectronics Segment$1.79B · 70.0%
Specialties Segment$765.00M · 30.0%
Product / service
$2.55B totalAssembly Solutions$907.10M · 35.6%
Industrial Solutions$651.40M · 25.5%
Electronics Solutions$527.80M · 20.7%
Semi Conductors$351.30M · 13.8%
Energy Solutions$89.40M · 3.5%
Graphic Solutions Reporting Unit$24.20M · 0.9%
Geographic
$2.55B totalOther Countries$1.47B · 57.6%
CN$557.90M · 21.9%
US$524.30M · 20.6%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.19
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Miscellaneous Chemical Products
Comparing Element Solutions Inc against the 5 most active filers in the same SIC group.
Dividends
$0.32/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Jun 1, 2026 | $0.0800 |
| Mar 2, 2026 | $0.0800 |
| Dec 1, 2025 | $0.0800 |
| Sep 2, 2025 | $0.0800 |
| Jun 2, 2025 | $0.0800 |
| Mar 3, 2025 | $0.0800 |
| Dec 2, 2024 | $0.0800 |
| Aug 30, 2024 | $0.0800 |
| May 31, 2024 | $0.0800 |
| Feb 29, 2024 | $0.0800 |
| Nov 30, 2023 | $0.0800 |
| Aug 31, 2023 | $0.0800 |
| May 31, 2023 | $0.0800 |
| Feb 28, 2023 | $0.0800 |
| Nov 30, 2022 | $0.0800 |
| Aug 31, 2022 | $0.0800 |
| May 31, 2022 | $0.0800 |
| Feb 28, 2022 | $0.0800 |
| Nov 30, 2021 | $0.0800 |
| Aug 31, 2021 | $0.0600 |
| May 28, 2021 | $0.0600 |
| Feb 26, 2021 | $0.0500 |
| Nov 24, 2020 | $0.0500 |