Element Solutions (ESI) Financials

$18.73 -0.15 (-0.77%)

Closing price 03:59 PM Eastern

Extended Trading

$18.74 +0.01 (+0.08%)

As of 05:13 PM Eastern

Annual Income Statements for Element Solutions

This table shows Element Solutions' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-309	-41	-296	-324	92	76	203	187	118	244
Consolidated Net Income / (Loss)	-304	-77	-296	-320	93	76	204	188	118	245
Net Income / (Loss) Continuing Operations	-304	-191	-192	-77	80	77	203	186	116	243
Total Pre-Tax Income	-229	-232	-260	-53	141	81	252	272	129	288
Total Operating Income	72	89	200	249	249	233	300	325	174	344
Total Gross Profit	992	777	814	838	788	786	961	953	919	1,036
Total Revenue	2,542	1,770	1,879	1,961	1,836	1,854	2,400	2,549	2,333	2,457
Operating Revenue	2,542	1,770	1,879	1,961	1,836	1,854	2,400	2,549	2,333	2,457
Total Cost of Revenue	1,550	993	1,065	1,123	1,048	1,068	1,439	1,597	1,415	1,421
Operating Cost of Revenue	1,550	993	1,065	1,123	1,048	1,068	1,439	1,597	1,415	1,421
Total Operating Expenses	920	688	614	589	539	553	661	627	745	692
Selling, General & Admin Expense	858	596	567	545	497	505	611	579	597	629
Research & Development Expense	63	45	46	44	42	49	50	49	68	63
Impairment Charge	0.00	47	-	-	-	-	0.00	0.00	80	0.00
Total Other Income / (Expense), net	-301	-321	-461	-302	-108	-152	-48	-53	-45	-56
Interest & Investment Income	-214	-372	-337	-311	-91	-63	-54	-51	-49	-56
Other Income / (Expense), net	-87	51	-124	9.30	-18	-88	6.00	-2.10	4.80	0.10
Income Tax Expense	75	-41	-69	24	61	4.30	48	86	13	45
Net Income / (Loss) Discontinued Operations	-	114	-104	-243	13	-1.10	0.30	1.80	2.10	1.60
Net Income / (Loss) Attributable to Noncontrolling Interest	4.20	-3.00	0.60	4.50	0.70	0.00	0.40	0.80	0.10	0.30
Basic Earnings per Share	($1.52)	($0.17)	($1.04)	($1.13)	$0.36	$0.30	$0.82	$0.76	$0.49	$1.01
Weighted Average Basic Shares Outstanding	203.20M	243.30M	286.10M	288.20M	257.60M	248.80M	247.40M	245.10M	241.40M	242.10M
Diluted Earnings per Share	($1.52)	($0.65)	($1.04)	($1.13)	$0.35	$0.30	$0.82	$0.76	$0.49	$1.01
Weighted Average Diluted Shares Outstanding	203.20M	272.30M	286.10M	288.20M	260.10M	249.90M	247.90M	245.80M	241.80M	242.60M
Weighted Average Basic & Diluted Shares Outstanding	203M	240M	284.80M	287.10M	504.88M	247.10M	248.16M	241.36M	241.99M	242.45M
Cash Dividends to Common per Share	$0.00	$0.00	$0.00	$0.00	-	$0.05	$0.25	$0.32	$0.32	$0.32

This table shows Element Solutions' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	53	13	43	30	-32	77	56	93	40	55
Consolidated Net Income / (Loss)	53	13	43	30	-32	77	56	93	40	55
Net Income / (Loss) Continuing Operations	53	13	43	27	-32	78	56	92	40	55
Total Pre-Tax Income	70	38	60	48	-16	38	70	74	77	67
Total Operating Income	79	60	66	53	-0.90	56	78	96	95	75
Total Gross Profit	222	218	228	229	242	220	245	267	268	256
Total Revenue	619	574	574	586	599	573	575	613	645	624
Operating Revenue	619	574	574	586	599	573	575	613	645	624
Total Cost of Revenue	397	356	347	358	357	353	330	346	378	368
Operating Cost of Revenue	397	356	347	358	357	353	330	346	378	368
Total Operating Expenses	143	158	161	176	243	165	167	171	173	181
Selling, General & Admin Expense	131	147	149	147	150	151	149	155	158	167
Research & Development Expense	11	11	13	29	13	14	18	16	15	14
Total Other Income / (Expense), net	-9.40	-22	-6.50	-4.60	-16	-18	-8.30	-22	-18	-8.10
Interest & Investment Income	-12	-12	-12	-12	-13	-12	-14	-14	-14	-14
Other Income / (Expense), net	2.90	-10	5.20	7.40	-2.20	-5.60	5.60	-7.70	-3.60	5.80
Income Tax Expense	17	25	17	21	15	-40	14	-18	37	12
Net Income / (Loss) Attributable to Noncontrolling Interest	0.10	0.20	0.10	-0.20	0.10	0.10	0.00	0.10	0.10	0.10
Basic Earnings per Share	$0.22	$0.05	$0.18	$0.12	($0.13)	$0.32	$0.23	$0.39	$0.17	$0.22
Weighted Average Basic Shares Outstanding	244.70M	245.10M	241.10M	241.40M	241.50M	241.40M	241.80M	242.10M	242.10M	242.10M
Diluted Earnings per Share	$0.22	$0.05	$0.18	$0.12	($0.13)	$0.32	$0.23	$0.39	$0.17	$0.22
Weighted Average Diluted Shares Outstanding	245M	245.80M	241.80M	241.70M	241.50M	241.80M	242.50M	242.50M	242.60M	242.60M
Weighted Average Basic & Diluted Shares Outstanding	242.09M	241.36M	241.42M	241.49M	241.52M	241.99M	242.06M	242.14M	242.16M	242.45M

This table details how cash moves in and out of Element Solutions' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	35	8.40	27	-41	-225	102	38	-65	24	70
Net Cash From Operating Activities	321	-38	-34	-0.80	171	276	323	298	336	364
Net Cash From Continuing Operating Activities	321	-38	-34	-0.80	171	276	326	296	334	362
Net Income / (Loss) Continuing Operations	-304	-191	-192	-77	80	77	203	186	116	243
Consolidated Net Income / (Loss)	-304	-77	-296	-320	93	76	204	188	118	245
Net Income / (Loss) Discontinued Operations	-	114	-104	-243	13	-1.10	0.30	1.80	2.10	1.60
Depreciation Expense	251	156	156	157	155	161	164	161	167	158
Non-Cash Adjustments To Reconcile Net Income	210	57	121	3.80	12	97	51	33	121	-26
Changes in Operating Assets and Liabilities, net	164	-60	-119	-84	-76	-59	-93	-84	-70	-13
Net Cash From Discontinued Operating Activities	-	-	-	-	-	-	-3.50	1.80	2.20	1.60
Net Cash From Investing Activities	-4,257	-26	-19	-24	4,200	-40	-569	-75	-250	-74
Net Cash From Continuing Investing Activities	-4,257	-26	-19	-24	4,200	-40	-569	-75	-250	-74
Purchase of Property, Plant & Equipment	-48	-33	-31	-28	-30	-29	-46	-48	-53	-68
Acquisitions	-4,600	-1.20	0.00	-28	-64	-9.00	-537	-23	-215	-3.90
Sale of Property, Plant & Equipment	26	9.40	17	4.20	4.60	1.70	0.00	4.80	1.40	0.00
Other Investing Activities, net	366	-1.70	-5.00	3.60	6.90	-3.80	14	-9.60	16	-1.50
Net Cash From Financing Activities	4,001	-131	-1.70	-1.40	-4,439	-124	290	-276	-59	-207
Net Cash From Continuing Financing Activities	4,001	-131	-1.70	-1.40	-4,439	-124	290	-276	-59	-207
Repayment of Debt	-386	-3,363	-4,145	-26	-5,425	-856	-27	-46	-1,278	-1,169
Repurchase of Common Equity	-	-	0.00	0.00	-507	-56	-20	-151	0.00	0.00
Payment of Dividends	-	-	-	0.00	0.00	-12	-62	-78	-77	-78
Issuance of Debt	3,922	3,301	4,143	25	1,493	800	398	0.00	1,297	1,040
Effect of Exchange Rate Changes	-31	-	-	-	-	-	-	-11	-3.20	-13
Cash Interest Paid	148	349	316	293	125	52	51	47	56	65
Cash Income Taxes Paid	73	63	74	79	71	81	74	67	74	87

This table details how cash moves in and out of Element Solutions' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	18	32	13	3.40	47	-40	-3.00	23	67	-17
Net Cash From Operating Activities	127	101	54	84	87	111	58	68	99	139
Net Cash From Continuing Operating Activities	127	101	54	81	87	112	58	67	99	139
Net Income / (Loss) Continuing Operations	53	13	43	27	-32	78	56	92	40	55
Consolidated Net Income / (Loss)	53	13	43	30	-32	77	56	93	40	55
Depreciation Expense	40	39	39	41	45	42	40	40	39	38
Non-Cash Adjustments To Reconcile Net Income	-2.00	10	-0.70	16	91	15	0.00	0.20	5.00	-31
Changes in Operating Assets and Liabilities, net	36	38	-28	-2.80	-16	-23	-38	-65	14	77
Net Cash From Investing Activities	-16	-13	-12	-202	-13	-24	-23	-21	-13	-17
Net Cash From Continuing Investing Activities	-16	-13	-12	-202	-13	-24	-23	-21	-13	-17
Purchase of Property, Plant & Equipment	-11	-15	-9.10	-14	-13	-16	-19	-15	-13	-22
Other Investing Activities, net	-4.80	0.30	-3.00	-	0.30	19	0.00	-6.40	-	4.90
Net Cash From Financing Activities	-82	-64	-30	127	-23	-133	-33	-21	-28	-124
Net Cash From Continuing Financing Activities	-82	-64	-30	127	-23	-133	-33	-21	-28	-124
Repayment of Debt	-8.80	-7.30	-10	-3.90	-3.30	-1,261	-13	-2.00	-8.80	-1,145
Payment of Dividends	-20	-19	-19	-19	-19	-19	-20	-19	-19	-19
Issuance of Debt	-	-	-	-	-	1,147	-	-	-	1,040
Effect of Exchange Rate Changes	-10	8.40	1.00	-5.10	-5.00	5.90	-5.60	-2.90	9.00	-14

This table presents Element Solutions' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	10,190	10,054	10,252	9,402	4,324	4,483	5,138	4,904	4,974	4,874
Total Current Assets	2,238	2,071	2,341	2,482	833	990	1,215	1,189	1,198	1,270
Cash & Equivalents	432	423	258	234	190	292	330	266	289	359
Accounts Receivable	1,023	1,055	400	382	364	403	492	456	462	440
Inventories, net	485	416	186	188	200	203	274	291	299	246
Prepaid Expenses	72	71	20	14	18	24	29	39	33	23
Other Current Assets	101	106	44	43	50	68	88	138	115	137
Other Current Nonoperating Assets	-	-	1,432	1,621	11	-	-	-	0.00	65
Plant, Property, & Equipment, net	492	461	287	267	265	240	278	277	297	277
Total Noncurrent Assets	7,461	7,522	7,624	6,652	3,226	3,253	3,646	3,438	3,480	3,327
Goodwill	4,022	4,179	2,253	2,183	2,180	2,253	2,526	2,413	2,337	2,132
Intangible Assets	3,314	3,233	1,161	1,025	944	856	957	806	879	732
Noncurrent Deferred & Refundable Income Taxes	-	-	-	-	-	77	82	52	121	133
Other Noncurrent Operating Assets	125	110	42	33	96	64	81	168	143	141
Other Noncurrent Nonoperating Assets	-	-	4,169	3,412	6.50	3.30	-	-	0.00	189
Total Liabilities & Shareholders' Equity	10,190	10,054	10,252	9,402	4,324	4,483	5,138	4,904	4,974	4,874
Total Liabilities	7,271	7,164	7,392	7,220	2,105	2,165	2,638	2,555	2,630	2,476
Total Current Liabilities	1,062	1,083	1,092	1,143	294	314	415	344	369	380
Short-Term Debt	55	116	10	25	7.80	7.40	13	12	12	10
Accounts Payable	450	384	111	101	97	96	138	132	141	121
Accrued Expenses	414	583	206	190	155	204	264	201	217	229
Other Current Nonoperating Liabilities	-	-	765	827	34	7.10	-	-	0.00	19
Total Noncurrent Liabilities	6,209	6,082	6,301	6,078	1,811	1,851	2,222	2,210	2,260	2,096
Long-Term Debt	5,174	5,123	5,437	5,351	1,513	1,508	1,894	1,884	1,921	1,814
Noncurrent Deferred & Payable Income Tax Liabilities	679	663	170	133	120	113	140	121	109	94
Noncurrent Employee Benefit Liabilities	81	74	56	50	51	43	36	37	28	22
Other Noncurrent Operating Liabilities	276	222	165	129	128	187	152	169	202	153
Other Noncurrent Nonoperating Liabilities	-	-	473	416	-	-	-	-	0.00	14
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,273	2,890	2,860	2,181	2,219	2,318	2,501	2,349	2,344	2,398
Total Preferred & Common Equity	2,104	2,736	2,743	2,109	2,221	2,320	2,481	2,333	2,329	2,383
Total Common Equity	2,104	2,736	2,743	2,109	2,221	2,320	2,481	2,333	2,329	2,383
Common Stock	3,523	3,984	4,035	4,065	4,117	4,126	4,169	4,189	4,200	4,217
Retained Earnings	-533	-574	-870	-1,195	-1,537	-1,473	-1,332	-1,224	-1,183	-1,017
Accumulated Other Comprehensive Income / (Loss)	-886	-675	-422	-757	-281	-195	-197	-298	-346	-467
Other Equity Adjustments	-	-	-	-	-	-	-	-334	-	-350
Noncontrolling Interest	169	154	117	72	-1.60	-1.70	20	17	16	15

This table presents Element Solutions' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	4,870	4,927	5,061	4,969	4,912	4,982	5,098
Total Current Assets	1,179	1,234	1,257	1,300	1,236	1,302	1,351
Cash & Equivalents	234	279	282	330	286	309	376
Accounts Receivable	468	461	452	450	459	481	475
Inventories, net	310	322	333	323	319	335	286
Prepaid Expenses	35	40	34	31	25	29	28
Other Current Assets	132	132	155	166	146	148	116
Other Current Nonoperating Assets	-	-	-	-	-	-	70
Plant, Property, & Equipment, net	263	278	283	279	296	298	274
Total Noncurrent Assets	3,428	3,415	3,522	3,390	3,381	3,383	3,473
Goodwill	2,326	2,425	2,395	2,282	2,302	2,286	2,220
Intangible Assets	804	781	933	890	840	807	782
Noncurrent Deferred & Refundable Income Taxes	50	56	49	50	113	149	159
Other Noncurrent Operating Assets	247	152	145	169	126	141	120
Other Noncurrent Nonoperating Assets	-	-	-	-	-	-	191
Total Liabilities & Shareholders' Equity	4,870	4,927	5,061	4,969	4,912	4,982	5,098
Total Liabilities	2,565	2,555	2,741	2,723	2,573	2,594	2,644
Total Current Liabilities	354	343	378	377	341	372	384
Short-Term Debt	12	12	12	12	12	12	12
Accounts Payable	158	151	144	144	133	146	127
Accrued Expenses	184	180	223	221	197	215	229
Other Current Nonoperating Liabilities	-	-	-	-	-	-	17
Total Noncurrent Liabilities	2,211	2,213	2,363	2,346	2,232	2,222	2,260
Long-Term Debt	1,887	1,882	2,029	2,028	1,919	1,917	1,915
Noncurrent Deferred & Payable Income Tax Liabilities	123	120	115	104	103	104	106
Noncurrent Employee Benefit Liabilities	30	36	36	35	27	25	24
Other Noncurrent Operating Liabilities	172	174	183	179	184	176	199
Other Noncurrent Nonoperating Liabilities	-	-	-	-	-	-	16
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,305	2,371	2,320	2,246	2,339	2,389	2,455
Total Preferred & Common Equity	2,288	2,355	2,304	2,230	2,324	2,373	2,439
Total Common Equity	2,288	2,355	2,304	2,230	2,324	2,373	2,439
Common Stock	4,183	4,193	4,197	4,200	4,204	4,209	4,213
Retained Earnings	-1,217	-1,200	-1,190	-1,241	-1,147	-1,073	-1,052
Treasury Stock	-300	-342	-	-342	-	-	-350
Accumulated Other Comprehensive Income / (Loss)	-378	-297	-362	-387	-384	-413	-372
Noncontrolling Interest	17	17	16	16	16	16	15

This table displays calculated financial ratios and metrics derived from Element Solutions' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	201.51%	-30.37%	6.13%	4.39%	-6.38%	0.97%	29.46%	6.23%	-8.48%	5.30%
EBITDA Growth	148.00%	25.72%	-21.51%	78.28%	-6.80%	-20.81%	53.58%	3.13%	-28.77%	45.35%
EBIT Growth	-320.00%	1,012.34%	-45.55%	236.99%	-10.16%	-37.61%	111.70%	5.66%	-44.80%	92.83%
NOPAT Growth	653.68%	24.86%	123.94%	24.13%	-19.10%	56.59%	9.98%	-8.11%	-29.89%	85.98%
Net Income Growth	-1,157.85%	74.80%	-285.40%	-8.22%	129.04%	-18.51%	169.09%	-7.71%	-37.13%	106.85%
EPS Growth	21.65%	57.24%	-60.00%	-8.65%	130.97%	-14.29%	173.33%	-7.32%	-35.53%	106.12%
Operating Cash Flow Growth	226.78%	-111.84%	9.74%	97.67%	21,462.50%	61.50%	16.85%	-7.69%	12.80%	8.28%
Free Cash Flow Firm Growth	0.00%	101.52%	5,704.60%	-92.15%	-67.28%	125.82%	-220.00%	210.95%	-54.14%	331.93%
Invested Capital Growth	160.57%	-0.12%	-52.17%	-4.15%	0.96%	-0.59%	15.01%	-2.42%	0.22%	-8.69%
Revenue Q/Q Growth	22.18%	-47.49%	32.51%	81.96%	-1.27%	4.62%	4.82%	-2.79%	-0.02%	2.11%
EBITDA Q/Q Growth	3,962.07%	-47.57%	407.64%	59.79%	13.95%	-7.94%	-5.91%	-1.32%	0.79%	5.60%
EBIT Q/Q Growth	-365.52%	-40.29%	168.42%	154.24%	25.19%	-16.43%	-9.42%	-0.80%	0.00%	9.83%
NOPAT Q/Q Growth	32.35%	-59.55%	83.33%	89.41%	321.13%	-18.43%	-4.69%	3.51%	122.97%	-13.08%
Net Income Q/Q Growth	-45.86%	62.77%	-97.07%	36.25%	70.15%	-37.07%	-11.13%	4.74%	119.30%	-8.39%
EPS Q/Q Growth	45.91%	54.86%	-153.66%	35.43%	84.21%	-36.17%	-10.87%	5.56%	122.73%	-9.01%
Operating Cash Flow Q/Q Growth	114.22%	-122.92%	56.58%	-118.60%	45.20%	1.06%	12.76%	-5.61%	3.26%	8.21%
Free Cash Flow Firm Q/Q Growth	-14.07%	104.54%	1,286.55%	-92.86%	168.26%	9.18%	23.43%	-18.25%	76.51%	23.99%
Invested Capital Q/Q Growth	30.96%	1.08%	-54.22%	-1.02%	2.91%	0.87%	-1.69%	0.24%	0.80%	-3.58%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	39.02%	43.91%	43.32%	42.71%	42.94%	42.40%	40.04%	37.37%	39.37%	42.15%
EBITDA Margin	9.27%	16.73%	12.38%	21.14%	21.04%	16.50%	19.58%	19.00%	14.79%	20.42%
Operating Margin	2.82%	5.05%	10.66%	12.67%	13.57%	12.55%	12.50%	12.76%	7.44%	14.00%
EBIT Margin	-0.61%	7.94%	4.07%	13.15%	12.62%	7.80%	12.75%	12.68%	7.65%	14.00%
Profit (Net Income) Margin	-11.97%	-4.33%	-15.74%	-16.31%	5.06%	4.08%	8.49%	7.37%	5.07%	9.95%
Tax Burden Percent	132.75%	33.09%	113.52%	601.32%	65.93%	93.34%	80.93%	69.12%	91.56%	84.98%
Interest Burden Percent	1,488.96%	-164.98%	-340.39%	-20.64%	60.84%	56.12%	82.28%	84.16%	72.37%	83.63%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	43.51%	5.30%	19.19%	31.54%	10.07%	15.57%
Return on Invested Capital (ROIC)	0.94%	0.81%	2.46%	4.82%	3.96%	6.20%	6.36%	5.53%	3.92%	7.61%
ROIC Less NNEP Spread (ROIC-NNEP)	-12.68%	-2.09%	-12.99%	-40.54%	0.42%	-5.04%	3.60%	3.36%	1.60%	4.43%
Return on Net Nonoperating Assets (RNNOA)	-12.07%	-3.45%	-12.74%	-17.51%	0.26%	-2.86%	2.10%	2.22%	1.12%	2.70%
Return on Equity (ROE)	-11.13%	-2.64%	-10.28%	-12.69%	4.22%	3.34%	8.45%	7.75%	5.04%	10.31%
Cash Return on Invested Capital (CROIC)	-88.13%	0.93%	73.05%	9.05%	3.01%	6.79%	-7.60%	7.98%	3.70%	16.69%
Operating Return on Assets (OROA)	-0.21%	1.39%	0.75%	2.62%	3.37%	3.28%	6.36%	6.44%	3.61%	6.99%
Return on Assets (ROA)	-4.13%	-0.76%	-2.91%	-3.26%	1.35%	1.72%	4.23%	3.74%	2.39%	4.97%
Return on Common Equity (ROCE)	-9.28%	-2.20%	-9.80%	-12.22%	4.15%	3.34%	8.42%	7.69%	5.00%	10.24%
Return on Equity Simple (ROE_SIMPLE)	-14.47%	-2.80%	-10.78%	-15.17%	4.18%	3.26%	8.21%	8.06%	5.08%	10.26%
Net Operating Profit after Tax (NOPAT)	50	63	140	174	141	220	242	223	156	290
NOPAT Margin	1.97%	3.54%	7.46%	8.87%	7.67%	11.89%	10.10%	8.73%	6.69%	11.82%
Net Nonoperating Expense Percent (NNEP)	13.62%	2.90%	15.45%	45.36%	3.54%	11.24%	2.76%	2.16%	2.32%	3.18%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	5.25%	3.65%	6.88%
Cost of Revenue to Revenue	60.98%	56.09%	56.68%	57.29%	57.06%	57.60%	59.96%	62.63%	60.63%	57.85%
SG&A Expenses to Revenue	33.73%	33.69%	30.19%	27.78%	27.07%	27.23%	25.47%	22.70%	25.58%	25.59%
R&D to Revenue	2.47%	2.54%	2.47%	2.26%	2.30%	2.62%	2.07%	1.91%	2.92%	2.56%
Operating Expenses to Revenue	36.20%	38.86%	32.66%	30.04%	29.37%	29.85%	27.54%	24.61%	31.93%	28.16%
Earnings before Interest and Taxes (EBIT)	-15	141	77	258	232	145	306	323	178	344
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	236	296	233	415	386	306	470	485	345	502
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.22	0.95	0.98	1.34	1.25	1.80	2.33	1.83	2.37	2.58
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.01	1.46	1.44	1.44	1.51	2.25	2.41	1.68	2.37	2.51
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	30.16	55.10	28.45	22.86	46.73	25.22
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.30%	1.07%	1.81%	1.40%	1.26%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	3.32%	1.82%	3.51%	4.37%	2.14%	3.97%
Enterprise Value to Invested Capital (EV/IC)	1.06	0.98	2.17	2.28	1.15	1.52	1.81	1.49	1.80	2.10
Enterprise Value to Revenue (EV/Rev)	3.22	4.27	4.26	4.10	2.24	2.91	3.08	2.32	3.08	3.11
Enterprise Value to EBITDA (EV/EBITDA)	34.70	25.52	34.43	19.39	10.64	17.63	15.71	12.23	20.80	15.23
Enterprise Value to EBIT (EV/EBIT)	0.00	53.81	104.65	31.18	17.75	37.32	24.13	18.33	40.23	22.20
Enterprise Value to NOPAT (EV/NOPAT)	163.14	120.81	57.13	46.21	29.20	24.47	30.46	26.61	45.98	26.31
Enterprise Value to Operating Cash Flow (EV/OCF)	25.48	0.00	0.00	0.00	24.05	19.54	22.89	19.91	21.38	21.01
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	105.47	1.92	24.60	38.44	22.33	0.00	18.43	48.69	12.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.79	1.81	1.90	2.46	0.69	0.65	0.76	0.81	0.82	0.76
Long-Term Debt to Equity	1.77	1.77	1.90	2.45	0.68	0.65	0.76	0.80	0.82	0.76
Financial Leverage	0.95	1.65	0.98	0.43	0.61	0.57	0.58	0.66	0.70	0.61
Leverage Ratio	2.69	3.49	3.53	3.90	3.12	1.94	2.00	2.07	2.10	2.08
Compound Leverage Factor	40.10	-5.75	-12.02	-0.80	1.90	1.09	1.64	1.74	1.52	1.74
Debt to Total Capital	64.17%	64.45%	65.57%	71.14%	40.67%	39.53%	43.26%	44.65%	45.19%	43.20%
Short-Term Debt to Total Capital	0.67%	1.43%	0.12%	0.33%	0.21%	0.19%	0.29%	0.27%	0.27%	0.25%
Long-Term Debt to Total Capital	63.50%	63.02%	65.45%	70.80%	40.46%	39.34%	42.97%	44.38%	44.92%	42.95%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	10.01%	1.89%	1.41%	0.95%	-0.04%	-0.04%	0.46%	0.39%	0.37%	0.36%
Common Equity to Total Capital	25.82%	33.66%	33.02%	27.91%	59.38%	60.51%	56.28%	54.95%	54.44%	56.44%
Debt to EBITDA	22.19	17.69	23.43	12.97	3.94	4.95	4.06	3.91	5.60	3.64
Net Debt to EBITDA	20.36	16.26	22.32	12.41	3.45	4.00	3.36	3.36	4.76	2.92
Long-Term Debt to EBITDA	21.96	17.30	23.39	12.91	3.92	4.93	4.03	3.89	5.57	3.62
Debt to NOPAT	104.32	83.72	38.87	30.91	10.81	6.88	7.87	8.51	12.38	6.28
Net Debt to NOPAT	95.69	76.96	37.03	29.56	9.46	5.55	6.51	7.32	10.53	5.04
Long-Term Debt to NOPAT	103.22	81.86	38.80	30.76	10.75	6.84	7.82	8.46	12.30	6.25
Altman Z-Score	0.52	0.48	0.45	0.53	1.05	1.40	1.80	1.60	1.71	2.16
Noncontrolling Interest Sharing Ratio	16.60%	16.68%	4.71%	3.75%	1.60%	-0.07%	0.38%	0.76%	0.69%	0.66%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.11	1.91	2.14	2.17	2.84	3.15	2.93	3.45	3.24	3.34
Quick Ratio	1.49	1.36	0.60	0.54	1.89	2.21	1.98	2.09	2.03	2.10
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-4,704	72	4,161	327	107	241	-290	321	147	637
Operating Cash Flow to CapEx	1,452.04%	-163.79%	-246.76%	-3.31%	680.88%	1,018.45%	696.54%	692.33%	654.58%	531.58%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.35	0.17	0.19	0.20	0.27	0.42	0.50	0.51	0.47	0.50
Accounts Receivable Turnover	3.77	1.70	2.58	5.01	4.92	4.83	5.36	5.38	5.09	5.45
Inventory Turnover	4.49	2.20	3.53	6.00	5.40	5.30	6.03	5.65	4.80	5.21
Fixed Asset Turnover	7.59	3.72	5.02	7.08	6.91	7.34	9.26	9.18	8.13	8.57
Accounts Payable Turnover	5.57	2.38	4.30	10.59	10.60	11.10	12.30	11.80	10.37	10.85
Days Sales Outstanding (DSO)	96.93	214.22	141.31	72.80	74.19	75.54	68.11	67.86	71.77	66.96
Days Inventory Outstanding (DIO)	81.27	165.63	103.32	60.84	67.54	68.83	60.56	64.59	76.06	70.00
Days Payable Outstanding (DPO)	65.57	153.29	84.81	34.46	34.44	32.89	29.68	30.93	35.19	33.63
Cash Conversion Cycle (CCC)	112.63	226.56	159.82	99.18	107.29	111.49	98.99	101.52	112.64	103.32
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	7,715	7,706	3,686	3,533	3,567	3,546	4,078	3,979	3,988	3,641
Invested Capital Turnover	0.48	0.23	0.33	0.54	0.52	0.52	0.63	0.63	0.59	0.64
Increase / (Decrease) in Invested Capital	4,754	-9.10	-4,021	-153	34	-21	532	-99	8.70	-346
Enterprise Value (EV)	8,176	7,560	8,006	8,038	4,110	5,393	7,381	5,926	7,178	7,638
Market Capitalization	2,565	2,590	2,700	2,824	2,780	4,171	5,784	4,279	5,519	6,158
Book Value per Share	$9.98	$9.83	$9.55	$7.32	$8.84	$9.38	$10.02	$9.64	$9.64	$9.84
Tangible Book Value per Share	($24.81)	($16.79)	($2.33)	($3.81)	($3.60)	($3.19)	($4.05)	($3.66)	($3.67)	($1.99)
Total Capital	8,148	8,129	8,307	7,557	3,740	3,834	4,408	4,244	4,277	4,222
Total Debt	5,228	5,239	5,447	5,376	1,521	1,516	1,907	1,895	1,933	1,824
Total Long-Term Debt	5,174	5,123	5,437	5,351	1,513	1,508	1,894	1,884	1,921	1,814
Net Debt	4,796	4,816	5,189	5,142	1,331	1,224	1,577	1,630	1,643	1,465
Capital Expenditures (CapEx)	22	23	14	24	25	27	46	43	51	68
Debt-free, Cash-free Net Working Capital (DFCFNWC)	798	682	1,001	1,131	357	391	482	590	550	541
Debt-free Net Working Capital (DFNWC)	1,230	1,105	1,259	1,365	547	683	812	856	840	901
Net Working Capital (NWC)	1,175	989	1,249	1,340	540	676	799	844	828	890
Net Nonoperating Expense (NNE)	355	139	436	494	48	145	39	35	38	46
Net Nonoperating Obligations (NNO)	4,796	4,816	826	1,352	1,347	1,227	1,577	1,630	1,643	1,243
Total Depreciation and Amortization (D&A)	251	156	156	157	155	161	164	161	167	158
Debt-free, Cash-free Net Working Capital to Revenue	31.38%	38.53%	53.26%	57.70%	19.46%	21.10%	20.08%	23.15%	23.59%	22.03%
Debt-free Net Working Capital to Revenue	48.38%	62.40%	67.02%	69.61%	29.82%	36.85%	33.84%	33.57%	35.98%	36.66%
Net Working Capital to Revenue	46.23%	55.84%	66.48%	68.32%	29.39%	36.45%	33.31%	33.12%	35.49%	36.24%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($1.52)	($0.17)	($1.04)	($1.13)	$0.36	$0.30	$0.82	$0.76	$0.49	$1.01
Adjusted Weighted Average Basic Shares Outstanding	203.20M	243.30M	286.10M	288.20M	257.60M	248.80M	247.40M	245.10M	241.40M	242.10M
Adjusted Diluted Earnings per Share	($1.52)	($0.65)	($1.04)	($1.13)	$0.35	$0.30	$0.82	$0.76	$0.49	$1.01
Adjusted Weighted Average Diluted Shares Outstanding	203.20M	272.30M	286.10M	288.20M	260.10M	249.90M	247.90M	245.80M	241.80M	242.60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	229.51M	284.25M	288.03M	252.40M	504.88M	247.10M	248.16M	241.36M	241.99M	242.45M
Normalized Net Operating Profit after Tax (NOPAT)	50	95	140	174	141	220	242	223	228	290
Normalized NOPAT Margin	1.97%	5.38%	7.46%	8.87%	7.67%	11.89%	10.10%	8.73%	9.77%	11.82%
Pre Tax Income Margin	-9.02%	-13.10%	-13.86%	-2.71%	7.67%	4.38%	10.49%	10.67%	5.53%	11.71%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	16.38%	30.39%	41.70%	65.48%	31.98%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	545.86%	89.96%	40.01%	122.02%	65.48%	31.98%

This table displays calculated financial ratios and metrics derived from Element Solutions' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.37%	-11.30%	-15.55%	-13.41%	-3.10%	-0.07%	0.10%	4.54%	7.63%	8.86%
EBITDA Growth	12.35%	-6.79%	-16.20%	-28.45%	-66.04%	3.03%	11.74%	27.20%	215.94%	28.94%
EBIT Growth	22.54%	-4.95%	-20.88%	-40.42%	-103.78%	0.00%	16.48%	47.50%	3,048.39%	61.72%
NOPAT Growth	30.83%	107.88%	-32.39%	-55.35%	-101.04%	468.77%	31.51%	304.82%	7,991.27%	-46.63%
Net Income Growth	48.47%	193.18%	-23.76%	-54.59%	-159.47%	498.45%	30.23%	214.14%	227.44%	-29.02%
EPS Growth	46.67%	400.00%	-21.74%	-53.85%	-159.09%	540.00%	27.78%	225.00%	230.77%	-31.25%
Operating Cash Flow Growth	38.77%	-14.97%	1,055.36%	10.12%	-31.02%	10.55%	8.79%	-18.62%	12.70%	24.84%
Free Cash Flow Firm Growth	140.68%	122.79%	145.10%	114.55%	-94.61%	-10.59%	-75.14%	249.63%	1,681.00%	283.19%
Invested Capital Growth	-4.29%	-2.42%	-5.11%	-0.60%	-0.34%	0.22%	-0.06%	-1.73%	-4.54%	-8.69%
Revenue Q/Q Growth	-8.63%	-7.23%	0.10%	2.04%	2.25%	-4.32%	0.28%	6.56%	5.27%	-3.22%
EBITDA Q/Q Growth	-13.73%	-26.83%	24.10%	-8.67%	-59.05%	121.98%	34.60%	3.96%	1.71%	-9.40%
EBIT Q/Q Growth	-18.47%	-39.22%	43.49%	-16.20%	-105.17%	1,709.68%	67.13%	6.12%	3.28%	-11.71%
NOPAT Q/Q Growth	-8.06%	-66.53%	135.47%	-38.39%	-102.15%	18,375.08%	-45.55%	89.65%	-58.18%	23.59%
Net Income Q/Q Growth	-18.50%	-75.80%	233.33%	-30.93%	-206.73%	343.53%	-27.46%	66.61%	-56.70%	35.64%
EPS Q/Q Growth	-15.38%	-77.27%	260.00%	-33.33%	-208.33%	346.15%	-28.13%	69.57%	-56.41%	29.41%
Operating Cash Flow Q/Q Growth	66.49%	-20.68%	-46.77%	56.64%	4.30%	27.12%	-47.61%	17.18%	44.43%	40.81%
Free Cash Flow Firm Q/Q Growth	164.08%	-50.10%	120.31%	-79.35%	-76.24%	726.99%	-38.75%	190.53%	21.03%	77.93%
Invested Capital Q/Q Growth	-3.26%	0.24%	0.18%	2.32%	-3.00%	0.80%	-0.10%	0.61%	-5.77%	-3.58%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	35.88%	37.99%	39.66%	38.99%	40.36%	38.42%	42.61%	43.61%	41.47%	41.01%
EBITDA Margin	19.71%	15.55%	19.27%	17.25%	6.91%	16.03%	21.51%	20.99%	20.28%	18.98%
Operating Margin	12.81%	10.47%	11.56%	8.97%	-0.15%	9.68%	13.53%	15.70%	14.73%	12.00%
EBIT Margin	13.27%	8.70%	12.47%	10.24%	-0.52%	8.70%	14.50%	14.44%	14.17%	12.93%
Profit (Net Income) Margin	8.62%	2.25%	7.49%	5.07%	-5.29%	13.46%	9.74%	15.23%	6.26%	8.78%
Tax Burden Percent	76.36%	33.68%	71.79%	61.88%	193.29%	205.32%	80.58%	125.74%	52.33%	82.04%
Interest Burden Percent	85.02%	76.75%	83.66%	80.00%	529.03%	75.35%	83.33%	83.84%	84.46%	82.78%
Effective Tax Rate	23.64%	66.32%	28.21%	44.17%	0.00%	-107.45%	19.42%	-23.58%	47.67%	17.96%
Return on Invested Capital (ROIC)	6.32%	2.23%	4.95%	2.88%	-0.06%	11.76%	6.39%	11.33%	4.80%	6.34%
ROIC Less NNEP Spread (ROIC-NNEP)	5.88%	1.77%	4.67%	2.90%	-1.90%	9.44%	5.97%	9.81%	4.18%	5.88%
Return on Net Nonoperating Assets (RNNOA)	4.02%	1.17%	3.16%	2.11%	-1.41%	6.59%	4.13%	7.04%	2.70%	3.58%
Return on Equity (ROE)	10.34%	3.41%	8.11%	4.99%	-1.47%	18.35%	10.52%	18.37%	7.49%	9.92%
Cash Return on Invested Capital (CROIC)	9.69%	7.98%	10.14%	4.58%	2.11%	3.70%	4.38%	8.40%	13.28%	16.69%
Operating Return on Assets (OROA)	6.93%	4.42%	6.06%	4.78%	-0.25%	4.11%	6.88%	6.79%	6.77%	6.45%
Return on Assets (ROA)	4.50%	1.14%	3.64%	2.37%	-2.51%	6.36%	4.62%	7.16%	2.99%	4.38%
Return on Common Equity (ROCE)	10.23%	3.38%	8.05%	4.96%	-1.46%	18.22%	10.45%	18.24%	7.44%	9.85%
Return on Equity Simple (ROE_SIMPLE)	7.84%	0.00%	7.42%	6.03%	2.42%	0.00%	5.65%	8.21%	10.94%	0.00%
Net Operating Profit after Tax (NOPAT)	60	20	48	29	-0.63	115	63	119	50	61
NOPAT Margin	9.78%	3.53%	8.30%	5.01%	-0.11%	20.08%	10.90%	19.40%	7.71%	9.84%
Net Nonoperating Expense Percent (NNEP)	0.44%	0.46%	0.28%	-0.02%	1.84%	2.32%	0.41%	1.52%	0.61%	0.46%
Return On Investment Capital (ROIC_SIMPLE)	-	0.48%	-	-	-	2.69%	-	-	-	1.46%
Cost of Revenue to Revenue	64.12%	62.01%	60.34%	61.01%	59.64%	61.58%	57.39%	56.39%	58.53%	58.99%
SG&A Expenses to Revenue	21.24%	25.67%	25.92%	25.08%	25.01%	26.33%	25.93%	25.36%	24.43%	26.71%
R&D to Revenue	1.83%	1.85%	2.18%	4.93%	2.15%	2.41%	3.15%	2.55%	2.31%	2.31%
Operating Expenses to Revenue	23.07%	27.52%	28.10%	30.01%	40.51%	28.74%	29.08%	27.91%	26.74%	29.01%
Earnings before Interest and Taxes (EBIT)	82	50	72	60	-3.10	50	83	89	91	81
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	122	89	111	101	41	92	124	129	131	119
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.70	1.83	1.94	1.98	2.09	2.37	2.59	2.77	2.70	2.58
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.48	1.68	1.87	1.94	2.00	2.37	2.58	2.78	2.73	2.51
Price to Earnings (P/E)	21.78	22.86	26.29	32.94	86.99	46.73	45.83	33.75	24.67	25.22
Dividend Yield	2.02%	1.81%	1.69%	1.69%	1.65%	1.40%	1.29%	1.18%	1.18%	1.26%
Earnings Yield	4.59%	4.37%	3.80%	3.04%	1.15%	2.14%	2.18%	2.96%	4.05%	3.97%
Enterprise Value to Invested Capital (EV/IC)	1.40	1.49	1.56	1.56	1.62	1.80	1.93	2.05	2.16	2.10
Enterprise Value to Revenue (EV/Rev)	2.12	2.32	2.54	2.70	2.74	3.08	3.29	3.47	3.38	3.11
Enterprise Value to EBITDA (EV/EBITDA)	11.34	12.23	13.40	15.00	18.68	20.80	21.43	21.26	17.14	15.23
Enterprise Value to EBIT (EV/EBIT)	17.09	18.33	20.39	24.06	35.86	40.23	40.34	37.49	26.00	22.20
Enterprise Value to NOPAT (EV/NOPAT)	25.87	26.61	30.97	39.00	91.37	45.98	44.56	30.49	24.37	26.31
Enterprise Value to Operating Cash Flow (EV/OCF)	17.65	19.91	17.39	17.40	19.67	21.38	22.53	25.24	24.23	21.01
Enterprise Value to Free Cash Flow (EV/FCFF)	14.16	18.43	14.95	33.84	76.60	48.69	43.92	24.16	15.86	12.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.82	0.81	0.80	0.88	0.91	0.82	0.83	0.81	0.78	0.76
Long-Term Debt to Equity	0.82	0.80	0.79	0.87	0.90	0.82	0.82	0.80	0.78	0.76
Financial Leverage	0.68	0.66	0.68	0.73	0.74	0.70	0.69	0.72	0.64	0.61
Leverage Ratio	2.09	2.07	2.06	2.13	2.16	2.10	2.09	2.13	2.14	2.08
Compound Leverage Factor	1.77	1.59	1.72	1.70	11.44	1.59	1.74	1.79	1.81	1.72
Debt to Total Capital	45.17%	44.65%	44.40%	46.80%	47.59%	45.19%	45.21%	44.67%	43.97%	43.20%
Short-Term Debt to Total Capital	0.28%	0.27%	0.27%	0.26%	0.27%	0.27%	0.27%	0.27%	0.26%	0.25%
Long-Term Debt to Total Capital	44.89%	44.38%	44.13%	46.54%	47.32%	44.92%	44.94%	44.40%	43.71%	42.95%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.39%	0.39%	0.39%	0.37%	0.37%	0.37%	0.37%	0.36%	0.35%	0.36%
Common Equity to Total Capital	54.43%	54.95%	55.21%	52.83%	52.04%	54.44%	54.42%	54.97%	55.68%	56.44%
Debt to EBITDA	3.87	3.91	4.09	4.83	5.96	5.60	5.39	5.00	4.06	3.64
Net Debt to EBITDA	3.39	3.36	3.49	4.16	4.99	4.76	4.59	4.20	3.26	2.92
Long-Term Debt to EBITDA	3.84	3.89	4.06	4.80	5.92	5.57	5.36	4.97	4.03	3.62
Debt to NOPAT	8.83	8.51	9.45	12.55	29.13	12.38	11.21	7.17	5.77	6.28
Net Debt to NOPAT	7.74	7.32	8.06	10.81	24.42	10.53	9.55	6.02	4.64	5.04
Long-Term Debt to NOPAT	8.77	8.46	9.40	12.48	28.96	12.30	11.14	7.13	5.73	6.25
Altman Z-Score	1.36	1.42	1.49	1.38	1.37	1.63	1.83	1.97	1.96	1.98
Noncontrolling Interest Sharing Ratio	1.08%	0.76%	0.72%	0.70%	0.72%	0.69%	0.68%	0.68%	0.67%	0.66%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.33	3.45	3.60	3.32	3.45	3.24	3.63	3.50	3.52	3.34
Quick Ratio	1.98	2.09	2.16	1.94	2.07	2.03	2.19	2.12	2.22	2.10
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	239	119	262	54	13	106	65	189	229	408
Operating Cash Flow to CapEx	1,141.44%	738.97%	622.09%	607.25%	699.20%	677.44%	306.32%	470.34%	781.75%	621.97%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.52	0.51	0.49	0.47	0.47	0.47	0.47	0.47	0.48	0.50
Accounts Receivable Turnover	5.38	5.38	4.88	4.81	5.09	5.09	5.07	5.06	5.21	5.45
Inventory Turnover	5.27	5.65	4.73	4.34	4.48	4.80	4.36	4.15	4.62	5.21
Fixed Asset Turnover	9.82	9.18	8.84	8.58	8.60	8.13	8.14	8.14	8.70	8.57
Accounts Payable Turnover	10.21	11.80	9.23	9.11	9.38	10.37	9.84	9.55	10.38	10.85
Days Sales Outstanding (DSO)	67.83	67.86	74.84	75.96	71.72	71.77	71.97	72.13	70.11	66.96
Days Inventory Outstanding (DIO)	69.23	64.59	77.18	84.01	81.46	76.06	83.69	87.98	78.98	70.00
Days Payable Outstanding (DPO)	35.75	30.93	39.55	40.06	38.91	35.19	37.08	38.22	35.16	33.63
Cash Conversion Cycle (CCC)	101.31	101.52	112.48	119.91	114.28	112.64	118.57	121.89	113.93	103.32
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,969	3,979	3,986	4,078	3,956	3,988	3,983	4,008	3,776	3,641
Invested Capital Turnover	0.65	0.63	0.60	0.58	0.59	0.59	0.59	0.58	0.62	0.64
Increase / (Decrease) in Invested Capital	-178	-99	-215	-25	-14	8.70	-2.50	-71	-180	-346
Enterprise Value (EV)	5,567	5,926	6,205	6,343	6,397	7,178	7,673	8,199	8,142	7,638
Market Capitalization	3,885	4,279	4,574	4,569	4,672	5,519	6,013	6,565	6,577	6,158
Book Value per Share	$9.33	$9.64	$9.76	$9.54	$9.24	$9.64	$9.61	$9.80	$10.07	$9.84
Tangible Book Value per Share	($3.43)	($3.66)	($3.53)	($4.24)	($3.90)	($3.67)	($3.39)	($2.97)	($2.33)	($1.99)
Total Capital	4,203	4,244	4,265	4,361	4,286	4,277	4,270	4,317	4,381	4,222
Total Debt	1,899	1,895	1,894	2,041	2,039	1,933	1,930	1,928	1,926	1,824
Total Long-Term Debt	1,887	1,884	1,882	2,029	2,028	1,921	1,919	1,917	1,915	1,814
Net Debt	1,665	1,630	1,615	1,759	1,710	1,643	1,644	1,619	1,550	1,465
Capital Expenditures (CapEx)	11	14	8.60	14	13	16	19	15	13	22
Debt-free, Cash-free Net Working Capital (DFCFNWC)	603	590	624	608	605	550	620	632	603	541
Debt-free Net Working Capital (DFNWC)	837	856	903	890	934	840	906	941	979	901
Net Working Capital (NWC)	825	844	892	878	923	828	895	930	967	890
Net Nonoperating Expense (NNE)	7.18	7.34	4.67	-0.33	31	38	6.69	26	9.32	6.64
Net Nonoperating Obligations (NNO)	1,665	1,630	1,615	1,759	1,710	1,643	1,644	1,619	1,322	1,243
Total Depreciation and Amortization (D&A)	40	39	39	41	45	42	40	40	39	38
Debt-free, Cash-free Net Working Capital to Revenue	22.97%	23.15%	25.54%	25.82%	25.91%	23.59%	26.57%	26.78%	25.05%	22.03%
Debt-free Net Working Capital to Revenue	31.90%	33.57%	36.96%	37.82%	40.04%	35.98%	38.84%	39.88%	40.68%	36.66%
Net Working Capital to Revenue	31.44%	33.12%	36.49%	37.33%	39.54%	35.49%	38.35%	39.39%	40.20%	36.24%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.22	$0.05	$0.18	$0.12	($0.13)	$0.32	$0.23	$0.39	$0.17	$0.22
Adjusted Weighted Average Basic Shares Outstanding	244.70M	245.10M	241.10M	241.40M	241.50M	241.40M	241.80M	242.10M	242.10M	242.10M
Adjusted Diluted Earnings per Share	$0.22	$0.05	$0.18	$0.12	($0.13)	$0.32	$0.23	$0.39	$0.17	$0.22
Adjusted Weighted Average Diluted Shares Outstanding	245M	245.80M	241.80M	241.70M	241.50M	241.80M	242.50M	242.50M	242.60M	242.60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	242.09M	241.36M	241.42M	241.49M	241.52M	241.99M	242.06M	242.14M	242.16M	242.45M
Normalized Net Operating Profit after Tax (NOPAT)	60	42	48	29	55	39	63	67	50	61
Normalized NOPAT Margin	9.78%	7.33%	8.30%	5.01%	9.24%	6.78%	10.90%	10.99%	7.71%	9.84%
Pre Tax Income Margin	11.29%	6.67%	10.43%	8.19%	-2.74%	6.56%	12.09%	12.11%	11.97%	10.70%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	44.01%	41.70%	44.62%	55.80%	143.41%	65.48%	59.45%	40.09%	29.26%	31.98%
Augmented Payout Ratio	117.21%	122.02%	44.62%	55.80%	143.41%	65.48%	59.45%	40.09%	29.26%	31.98%

Frequently Asked Questions About Element Solutions' Financials

When does Element Solutions's financial year end?

According to the most recent income statement we have on file, Element Solutions' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Element Solutions' net income changed over the last 9 years?

Element Solutions' net income appears to be on a downward trend, with a most recent value of $244.50 million in 2024, falling from -$304.40 million in 2015. The previous period was $118.20 million in 2023.

What is Element Solutions's operating income?

Element Solutions's total operating income in 2024 was $343.90 million, based on the following breakdown:

Total Gross Profit: $1.04 billion
Total Operating Expenses: $691.80 million

How has Element Solutions revenue changed over the last 9 years?

Over the last 9 years, Element Solutions' total revenue changed from $2.54 billion in 2015 to $2.46 billion in 2024, a change of -3.4%.

How much debt does Element Solutions have?

Element Solutions' total liabilities were at $2.48 billion at the end of 2024, a 5.9% decrease from 2023, and a 66.0% decrease since 2015.

How much cash does Element Solutions have?

In the past 9 years, Element Solutions' cash and equivalents has ranged from $190.10 million in 2019 to $432.20 million in 2015, and is currently $359.40 million as of their latest financial filing in 2024.

How has Element Solutions' book value per share changed over the last 9 years?

Over the last 9 years, Element Solutions' book value per share changed from 9.98 in 2015 to 9.84 in 2024, a change of -1.4%.

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This page (NYSE:ESI) was last updated on 4/15/2025 by MarketBeat.com Staff

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Element Solutions (ESI) Financials

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Element Solutions (ESI) Financials

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