Element Solutions (ESI)

NYSE Materials Specialty Chemicals S&P SmallCap 600

$31.35

+0.59 (+1.92%)

Close of Nov 06, 2026 · end-of-day data

Source: Element Solutions's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$1.77B	$1.88B	$1.96B	$1.84B	$1.85B	$2.40B	$2.55B	$2.33B	$2.46B	$2.55B
Cost of revenue	$992.80M	$1.06B	$1.12B	$1.05B	$1.07B	$1.44B	$1.60B	$1.41B	$1.42B	$1.48B
Gross profit	$777.30M	$813.80M	$837.60M	$788.30M	$786.00M	$960.80M	$952.70M	$918.50M	$1.04B	$1.07B
Research & development	$45.00M	$46.40M	$44.30M	$42.20M	$48.60M	$49.70M	$48.80M	$68.10M	$63.00M	$67.60M
Selling, general & admin	$596.30M	$567.20M	$544.80M	$497.00M	$504.70M	$611.20M	$578.60M	$596.80M	$628.80M	$660.70M
Operating income	$89.40M	$200.20M	$248.50M	$249.10M	$232.70M	$299.90M	$325.30M	$173.60M	$343.90M	$342.20M
Pre-tax income	-$231.80M	-$260.40M	-$53.20M	$140.90M	$81.10M	$251.70M	$272.00M	$129.10M	$287.70M	$265.60M
Income tax	-$41.30M	-$68.60M	$23.80M	$61.30M	$4.30M	$48.30M	$85.80M	$13.00M	$44.80M	$74.60M
Net income	-$73.70M	-$296.20M	-$324.40M	$92.20M	$75.70M	$203.30M	$187.20M	$118.10M	$244.20M	$190.80M
EBITDA	$245.10M	$356.20M	$405.20M	$403.80M	$394.10M	$463.80M	$486.60M	$340.30M	$501.50M	$493.40M
EPS (basic)	$-0.17	$-1.04	$-1.13	$0.36	$0.30	$0.82	$0.76	$0.49	$1.01	$0.79
EPS (diluted)	$-0.65	$-1.04	$-1.13	$0.35	$0.30	$0.82	$0.76	$0.49	$1.01	$0.79
Diluted shares	272.30M	286.10M	288.20M	260.10M	249.90M	247.90M	245.80M	241.80M	242.60M	242.40M
Gross margin	43.9%	43.3%	42.7%	42.9%	42.4%	40.0%	37.4%	39.4%	42.2%	42.0%
Operating margin	5.1%	10.7%	12.7%	13.6%	12.6%	12.5%	12.8%	7.4%	14.0%	13.4%
Net margin	-4.2%	-15.8%	-16.5%	5.0%	4.1%	8.5%	7.3%	5.1%	9.9%	7.5%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$422.60M	$258.40M	$233.60M	$190.10M	$291.90M	$330.10M	$265.60M	$289.30M	$359.40M	$626.50M
Receivables	$1.05B	$399.80M	$382.40M	$363.90M	$403.40M	$492.20M	$455.80M	$461.80M	$439.60M	$517.70M
Inventory	$416.40M	$186.40M	$188.10M	$199.60M	$203.10M	$274.40M	$290.70M	$298.90M	$246.20M	$294.70M
Total current assets	$2.07B	$2.34B	$2.48B	$833.40M	$989.90M	$1.21B	$1.19B	$1.20B	$1.27B	$1.58B
Goodwill	$2.13B	$2.25B	$2.18B	$2.18B	$2.25B	$2.53B	$2.41B	$2.34B	$2.13B	$2.24B
Total assets	$10.05B	$10.25B	$9.40B	$4.32B	$4.48B	$5.14B	$4.90B	$4.97B	$4.87B	$5.10B
Total current liabilities	$1.08B	$1.09B	$1.14B	$293.80M	$314.30M	$415.20M	$344.40M	$369.40M	$379.70M	$429.90M
Short-term debt	$116.10M	$10.10M	$25.30M	$7.80M	$7.40M	$12.70M	$11.50M	$11.50M	$10.40M	$0
Long-term debt	$5.24B	$5.51B	$5.40B	$1.54B	$1.54B	$1.93B	$1.91B	$1.95B	$1.84B	$1.64B
Total debt	$5.35B	$5.52B	$5.43B	$1.55B	$1.54B	$1.94B	$1.93B	$1.96B	$1.85B	$1.64B
Total liabilities	$7.16B	$7.39B	$7.22B	$2.11B	$2.17B	$2.64B	$2.55B	$2.63B	$2.48B	$2.41B
Shareholders' equity	$2.74B	$2.74B	$2.11B	$2.22B	$2.32B	$2.48B	$2.33B	$2.33B	$2.38B	$2.67B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$184.80M	$182.10M	-$800.00K	$170.90M	$276.00M	$326.00M	$295.90M	$333.60M	$362.00M	$289.80M
Capital expenditures	$32.60M	$30.80M	$28.40M	$29.70M	$28.80M	$46.30M	$47.80M	$52.70M	$68.40M	$62.20M
Free cash flow	$152.20M	$151.30M	-$29.20M	$141.20M	$247.20M	$279.70M	$248.10M	$280.90M	$293.60M	$227.60M
Investing cash flow	-$74.70M	-$92.60M	-$23.80M	$4.20B	-$39.90M	-$568.90M	-$75.20M	-$250.20M	-$73.80M	$286.10M
Financing cash flow	-$102.20M	-$67.40M	-$1.40M	-$4.44B	-$123.60M	$290.00M	-$275.60M	-$58.70M	-$206.60M	-$320.40M
Dividends paid	—	—	$0	$0	$12.40M	$61.90M	$78.40M	$77.40M	$78.20M	$77.80M
Share buybacks	—	$0	$0	$507.10M	$55.70M	$19.60M	$151.00M	$0	$0	$25.00M
Stock-based compensation	$7.30M	$11.80M	$15.40M	$11.80M	$6.00M	$40.10M	$17.70M	$9.40M	$14.80M	$59.10M
Depreciation & amortization	$155.70M	$156.00M	$156.70M	$154.70M	$161.40M	$163.90M	$161.30M	$166.70M	$157.60M	$151.20M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$573.40M	$575.00M	$612.70M	$645.00M	$624.20M	$593.70M	$625.20M	$656.10M	$676.20M	$840.00M	$977.90M	$995.30M
Cost of revenue	$353.10M	$330.00M	$345.50M	$377.50M	$368.20M	$343.20M	$358.80M	$379.10M	$399.60M	$517.30M	$643.90M	$652.90M
Gross profit	$220.30M	$245.00M	$267.20M	$267.50M	$256.00M	$250.50M	$266.40M	$277.00M	$276.60M	$322.70M	$334.00M	$342.40M
Research & development	$13.80M	$18.10M	$15.60M	$14.90M	$14.40M	$15.90M	$16.20M	$18.10M	$17.40M	$20.20M	$19.50M	$22.90M
Selling, general & admin	$151.00M	$149.10M	$155.40M	$157.60M	$166.70M	$157.20M	$155.90M	$158.10M	$189.50M	$191.10M	$200.80M	$205.60M
Operating income	$55.50M	$77.80M	$96.20M	$95.00M	$74.90M	$77.40M	$94.30M	$100.80M	$69.70M	$111.40M	$113.70M	$113.90M
Pre-tax income	$37.60M	$69.50M	$74.20M	$77.20M	$66.80M	$115.80M	$63.30M	$55.50M	$31.00M	$82.70M	$107.10M	$93.30M
Income tax	-$40.40M	$13.50M	-$17.50M	$36.80M	$12.00M	$17.80M	$15.80M	$16.20M	$24.80M	$26.70M	$29.80M	$27.60M
Net income	$77.10M	$56.00M	$93.20M	$40.30M	$54.70M	$98.00M	$47.40M	$39.30M	$6.10M	$55.90M	$77.30M	$65.70M
EBITDA	$97.50M	$118.10M	$136.30M	$134.40M	$112.70M	$114.60M	$132.50M	$139.40M	$106.90M	$153.90M	$158.40M	$159.00M
EPS (basic)	$0.32	$0.23	$0.39	$0.17	$0.23	$0.40	$0.20	$0.16	$0.03	$0.23	$0.32	$0.27
EPS (diluted)	$0.32	$0.23	$0.39	$0.17	$0.23	$0.40	$0.20	$0.16	$0.03	$0.23	$0.32	$0.27
Diluted shares	0	242.50M	242.50M	242.60M	100.00K	243.00M	242.20M	242.00M	0	243.70M	243.90M	243.70M
Gross margin	38.4%	42.6%	43.6%	41.5%	41.0%	42.2%	42.6%	42.2%	40.9%	38.4%	34.2%	34.4%
Operating margin	9.7%	13.5%	15.7%	14.7%	12.0%	13.0%	15.1%	15.4%	10.3%	13.3%	11.6%	11.4%
Net margin	13.4%	9.7%	15.2%	6.2%	8.8%	16.5%	7.6%	6.0%	0.9%	6.7%	7.9%	6.6%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$289.30M	$286.30M	$309.30M	$376.00M	$359.40M	$499.20M	$529.90M	$594.30M	$626.50M	$177.30M	$189.60M	$224.90M
Receivables	$461.80M	$459.00M	$480.70M	$474.90M	$439.60M	$454.70M	$496.70M	$502.20M	$517.70M	$676.90M	$711.00M	$736.10M
Inventory	$298.90M	$319.10M	$335.40M	$285.70M	$246.20M	$269.90M	$283.80M	$290.90M	$294.70M	$421.60M	$417.50M	$409.40M
Total current assets	$1.20B	$1.24B	$1.30B	$1.35B	$1.27B	$1.36B	$1.45B	$1.53B	$1.58B	$1.46B	$1.52B	$1.58B
Goodwill	$2.34B	$2.30B	$2.29B	$2.22B	$2.13B	$2.16B	$2.24B	$2.23B	$2.24B	$2.54B	$2.54B	$2.55B
Total assets	$4.97B	$4.91B	$4.98B	$5.10B	$4.87B	$4.79B	$5.00B	$5.05B	$5.10B	$5.74B	$5.78B	$5.86B
Total current liabilities	$369.40M	$340.90M	$372.20M	$384.00M	$379.70M	$344.60M	$354.90M	$376.70M	$429.90M	$543.60M	$523.80M	$566.60M
Short-term debt	$11.50M	$11.50M	$11.50M	$11.50M	$10.40M	$0	$0	$0	$0	$97.90M	$62.90M	$27.90M
Long-term debt	$1.95B	$1.92B	$1.92B	$1.91B	$1.84B	$1.62B	$1.62B	$1.63B	$1.64B	$2.06B	$2.06B	$2.05B
Total debt	$1.96B	$1.93B	$1.93B	$1.93B	$1.85B	$1.62B	$1.62B	$1.63B	$1.64B	$2.16B	$2.12B	$2.08B
Total liabilities	$2.63B	$2.57B	$2.59B	$2.64B	$2.48B	$2.26B	$2.36B	$2.38B	$2.41B	$2.99B	$2.96B	$2.97B
Shareholders' equity	$2.33B	$2.32B	$2.37B	$2.44B	$2.38B	$2.52B	$2.63B	$2.65B	$2.67B	$2.73B	$2.81B	$2.87B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$111.80M	$58.20M	—	$98.50M	$138.70M	$26.00M	$72.60M	$100.10M	$91.10M	-$66.60M	$99.60M	$159.20M
Capital expenditures	$16.40M	$19.00M	$14.50M	$12.60M	$22.30M	$11.00M	$17.70M	$16.50M	$17.00M	$25.10M	$27.90M	$30.40M
Free cash flow	$95.40M	$39.20M	—	$85.90M	$116.40M	$15.00M	$54.90M	$83.60M	$74.10M	-$91.70M	$71.70M	$128.80M
Investing cash flow	-$24.00M	-$22.90M	-$20.90M	-$12.60M	-$17.40M	$337.60M	-$14.50M	-$18.20M	-$18.80M	-$889.30M	-$29.40M	-$30.30M
Financing cash flow	-$133.30M	-$32.70M	-$21.40M	-$28.20M	-$124.30M	-$227.30M	-$38.70M	-$15.10M	-$39.30M	$507.80M	-$57.40M	-$95.30M
Dividends paid	$19.30M	$20.00M	$19.40M	$19.40M	$19.40M	$19.80M	$19.30M	$19.30M	$19.40M	$20.20M	$19.60M	$19.50M
Share buybacks	$0	—	—	$0	$0	—	—	$0	$5.60M	—	—	$37.70M
Stock-based compensation	-$1.20M	$4.10M	$3.60M	$3.80M	$3.30M	$5.00M	$6.30M	$4.50M	$43.30M	$8.10M	$12.60M	$18.20M
Depreciation & amortization	$42.00M	$40.30M	$40.10M	$39.40M	$37.80M	$37.20M	$38.20M	$38.60M	$37.20M	$42.50M	$44.70M	$45.10M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.