Element Solutions Inc (ESI) 10-Year Financial Performance & Capital Metrics

ESI • • Industrial / General

Basic MaterialsSpecialty ChemicalsElectronic & Advanced MaterialsElectronic Chemicals & Materials

AboutElement Solutions Inc operates as a specialty chemicals company in the United States, China, and internationally. The company operates in two segments, Electronics, and Industrial & Specialty. The Electronics segment researches, formulates, and sells specialty chemicals and materials for various types of electronics hardware products. This segment also supplies solder technologies, fluxes, cleaners, and other attachment materials for the electronics assembly industry; proprietary liquid chemical processes to manufacture printed circuit boards; and advanced copper interconnects, die attachment, wafer bump processes, and photomask technologies for integrated circuit fabrication and semiconductor packaging. It primarily serves mobile communications, computers, automobiles, and aerospace equipment industries. The Industrial & Specialty segment provides industrial solutions, which include chemical systems that protect and decorate metal and plastic surfaces; consumable chemicals that enable printing image transfer on flexible packaging materials; and chemistries used in water-based hydraulic control fluids for offshore energy production applications. It serves aerospace, automotive, construction, consumer electronics, consumer packaged goods, and oil and gas production end markets. The company was formerly known as Platform Specialty Products Corporation and changed its name to Element Solutions Inc in January 2019. Element Solutions Inc was founded in 1785 and is headquartered in Fort Lauderdale, Florida.Show more

Revenue $2.46B +5.3%
EBITDA $502M +47.4%
Net Income $244M +106.8%
EPS (Diluted) 1.01 +106.1%
Gross Margin 42.15% +7.1%
EBITDA Margin 20.41% +40.0%
Operating Margin 14% +88.1%
Net Margin 9.94% +96.4%
ROE 10.3% +104.6%
ROIC 6.43% +101.1%
Debt/Equity 0.79 -8.0%
Interest Coverage 6.11 +73.5%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y profit CAGR of 21.5%
✓Strong Piotroski F-Score: 8/9
✓High quality earnings: Operating CF exceeds net income
✓Trading near 52-week high

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y11.29%

5Y6%

3Y0.79%

TTM3.87%

Profit (Net Income) CAGR

10Y-

5Y21.51%

3Y6.3%

TTM-10.2%

EPS CAGR

10Y-

5Y23.61%

3Y7.19%

TTM-10%

ROCE

10Y Avg4.4%

5Y Avg6.16%

3Y Avg6.12%

Latest7.56%

Peer Comparison

Electronic Chemicals & Materials

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ESIElement Solutions Inc	6.84B	28.25	27.97	5.3%	9.58%	8.97%	4.29%	0.79
DDDuPont de Nemours, Inc.	18.35B	43.79	26.07	2.64%	-6.17%	-3.3%	6.91%	0.30
CRKNCrown ElectroKinetics Corp.	191.21K	0.11	-0.00		-184.32%	-250.04%		0.46
LWLGLightwave Logic, Inc.	670.44M	4.61	-24.26	136.05%	-208.78%	-50.99%		0.08

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	2.54B	3.59B	3.78B	1.96B	1.84B	1.85B	2.4B	2.55B	2.33B	2.46B
Revenue Growth %	2.02%	0.41%	0.05%	-0.48%	-0.06%	0.01%	0.29%	0.06%	-0.08%	0.05%
Cost of Goods Sold+	1.55B	2.08B	2.19B	1.12B	1.05B	1.07B	1.44B	1.6B	1.41B	1.42B
COGS % of Revenue	0.61%	0.58%	0.58%	0.57%	0.57%	0.58%	0.6%	0.63%	0.61%	0.58%
Gross Profit+	991.9M	1.51B	1.59B	837.6M	788.3M	786M	960.8M	952.7M	918.5M	1.04B
Gross Margin %	0.39%	0.42%	0.42%	0.43%	0.43%	0.42%	0.4%	0.37%	0.39%	0.42%
Gross Profit Growth %	1.5%	0.52%	0.05%	-0.47%	-0.06%	-0%	0.22%	-0.01%	-0.04%	0.13%
Operating Expenses+	920.3M	1.21B	1.21B	589.1M	539.2M	553.3M	660.9M	627.4M	744.9M	691.8M
OpEx % of Revenue	0.36%	0.34%	0.32%	0.3%	0.29%	0.3%	0.28%	0.25%	0.32%	0.28%
Selling, General & Admin	857.5M	1.12B	1.11B	544.8M	497M	504.7M	611.2M	578.6M	596.8M	628.8M
SG&A % of Revenue	0.34%	0.31%	0.29%	0.28%	0.27%	0.27%	0.25%	0.23%	0.26%	0.26%
Research & Development	62.8M	84M	98.4M	44.3M	42.2M	48.6M	49.7M	48.8M	68.1M	63M
R&D % of Revenue	0.02%	0.02%	0.03%	0.02%	0.02%	0.03%	0.02%	0.02%	0.03%	0.03%
Other Operating Expenses	0	0	0	0	0	0	0	2.9M	80M	0
Operating Income+	71.6M	253M	221.3M	248.5M	249.1M	232.7M	299.9M	325.3M	173.6M	343.9M
Operating Margin %	0.03%	0.07%	0.06%	0.13%	0.14%	0.13%	0.12%	0.13%	0.07%	0.14%
Operating Income Growth %	6.54%	2.53%	-0.13%	0.12%	0%	-0.07%	0.29%	0.08%	-0.47%	0.98%
EBITDA+	322.6M	595.3M	377.3M	405.2M	403.6M	393.9M	463.8M	486.6M	340.3M	501.5M
EBITDA Margin %	0.13%	0.17%	0.1%	0.21%	0.22%	0.21%	0.19%	0.19%	0.15%	0.2%
EBITDA Growth %	2.31%	0.85%	-0.37%	0.07%	-0%	-0.02%	0.18%	0.05%	-0.3%	0.47%
D&A (Non-Cash Add-back)	251M	342.3M	156M	156.7M	154.5M	161.2M	163.9M	161.3M	166.7M	157.6M
EBIT	-15.4M	140.5M	76.5M	257.8M	231.6M	144.5M	311.6M	334.8M	178.4M	344M
Net Interest Income+	-213.9M	-372.3M	-336.9M	-311M	-90.7M	-63.4M	-54.2M	-51.2M	-49.3M	-56.3M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	213.9M	376M	336.9M	311M	90.7M	63.4M	54.2M	51.2M	49.3M	56.3M
Other Income/Expense	-300.9M	-137.4M	-460.6M	-301.7M	-108.2M	-151.6M	-48.2M	-53.3M	-44.5M	-56.2M
Pretax Income+	-229.3M	-48M	-289M	-53.2M	140.9M	81.1M	251.7M	272M	129.1M	287.7M
Pretax Margin %	-0.09%	-0.01%	-0.08%	-0.03%	0.08%	0.04%	0.1%	0.11%	0.06%	0.12%
Income Tax+	75.1M	29M	6.6M	23.8M	61.3M	4.3M	48.3M	85.8M	13M	44.8M
Effective Tax Rate %	1.35%	1.54%	1.02%	6.1%	0.65%	0.93%	0.81%	0.69%	0.91%	0.85%
Net Income+	-308.6M	-74M	-296.2M	-324.4M	92.2M	75.7M	203.3M	187.2M	118.1M	244.2M
Net Margin %	-0.12%	-0.02%	-0.08%	-0.17%	0.05%	0.04%	0.08%	0.07%	0.05%	0.1%
Net Income Growth %	-9.32%	0.76%	-3%	-0.1%	1.28%	-0.18%	1.69%	-0.08%	-0.37%	1.07%
Net Income (Continuing)	-304.4M	-190.5M	-191.8M	-77M	79.6M	76.8M	203.4M	186.2M	116.1M	242.9M
Discontinued Operations	0	0	0	0	13.3M	0	300K	1.8M	2.1M	1.6M
Minority Interest	169.4M	154M	116.9M	71.9M	-1.6M	-1.7M	20.1M	16.6M	15.8M	15.4M
EPS (Diluted)+	-1.52	-0.27	-1.04	-1.13	0.35	0.30	0.82	0.75	0.49	1.01
EPS Growth %	-5.91%	0.82%	-2.85%	-0.09%	1.31%	-0.14%	1.73%	-0.09%	-0.35%	1.06%
EPS (Basic)	-1.52	-0.30	-1.04	-1.14	0.35	0.30	0.82	0.76	0.49	1.01
Diluted Shares Outstanding	203.2M	272.3M	286.1M	288.2M	260.1M	249.9M	247.9M	245.8M	241.8M	242.6M
Basic Shares Outstanding	203.03M	243.3M	284.12M	283.79M	257.6M	248.8M	247.4M	245.1M	241.4M	242.1M
Dividend Payout Ratio	-	-	-	-	-	0.16%	0.3%	0.42%	0.66%	0.32%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	2.27B	2.07B	2.34B	2.48B	833.4M	989.9M	1.21B	1.19B	1.2B	1.27B
Cash & Short-Term Investments	432.2M	423M	477.8M	233.6M	190.1M	291.9M	330.1M	265.6M	289.3M	359.4M
Cash Only	432.2M	423M	477.8M	233.6M	190.1M	291.9M	330.1M	265.6M	289.3M	359.4M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	1.15B	1.05B	399.8M	382.4M	363.9M	403.4M	492.2M	455.8M	461.8M	439.6M
Days Sales Outstanding	164.82	107.36	38.65	71.18	72.35	79.43	74.86	65.26	72.24	65.31
Inventory	517.5M	416M	490.4M	188.1M	199.6M	203.1M	274.4M	290.7M	298.9M	246.2M
Days Inventory Outstanding	121.83	73.07	81.85	61.11	69.54	69.43	69.6	66.45	77.12	63.23
Other Current Assets	100.6M	106.1M	1.48B	1.66B	61.5M	67.5M	88.4M	138.1M	115M	202.1M
Total Non-Current Assets+	7.92B	7.98B	7.91B	6.92B	3.49B	3.49B	3.92B	3.71B	3.78B	3.6B
Property, Plant & Equipment	491.6M	461M	452.3M	266.9M	264.8M	240.4M	278.1M	277.2M	296.9M	276.8M
Fixed Asset Turnover	5.17x	7.78x	8.35x	7.35x	6.93x	7.71x	8.63x	9.20x	7.86x	8.88x
Goodwill	4.02B	4.18B	4.2B	2.18B	2.18B	2.25B	2.53B	2.41B	2.34B	2.13B
Intangible Assets	3.31B	3.23B	3.14B	1.02B	944.4M	855.9M	956.7M	805.5M	879.3M	732M
Long-Term Investments	-678.8M	-663.2M	-579.6M	-133M	-119.6M	-112.9M	12.4M	70.4M	28.1M	17.8M
Other Non-Current Assets	91.9M	110M	121M	3.45B	102.2M	144.5M	68.9M	97.6M	115.1M	312M
Total Assets+	10.19B	10.05B	10.25B	9.4B	4.32B	4.48B	5.14B	4.9B	4.97B	4.87B
Asset Turnover	0.25x	0.36x	0.37x	0.21x	0.42x	0.41x	0.47x	0.52x	0.47x	0.50x
Asset Growth %	1.24%	-0.01%	0.02%	-0.08%	-0.54%	0.04%	0.15%	-0.05%	0.01%	-0.02%
Total Current Liabilities+	1.06B	1.08B	1.09B	1.14B	293.8M	314.3M	415.2M	344.4M	369.4M	379.7M
Accounts Payable	450.3M	383.6M	111.2M	100.9M	96.8M	95.6M	138.4M	132.2M	140.6M	121.3M
Days Payables Outstanding	106.01	67.38	18.56	32.78	33.73	32.68	35.1	30.22	36.28	31.15
Short-Term Debt	54.7M	116.1M	10.1M	25.3M	7.8M	7.4M	12.7M	11.5M	26.5M	10.4M
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	414.2M	397M	861.4M	931.5M	99.8M	91.3M	89.8M	68M	75.5M	85.1M
Current Ratio	2.14x	1.91x	2.14x	2.17x	2.84x	3.15x	2.93x	3.45x	3.24x	3.34x
Quick Ratio	1.65x	1.53x	1.69x	2.01x	2.16x	2.50x	2.26x	2.61x	2.43x	2.70x
Cash Conversion Cycle	180.64	113.05	101.94	99.51	108.17	116.18	109.36	101.49	113.09	97.39
Total Non-Current Liabilities+	6.21B	6.08B	6.3B	6.08B	1.81B	1.85B	2.22B	2.21B	2.26B	2.1B
Long-Term Debt	5.17B	5.12B	5.44B	5.35B	1.51B	1.51B	1.89B	1.88B	1.92B	1.81B
Capital Lease Obligations	3.7M	3.7M	0	200K	46.5M	40.1M	42.1M	71.4M	78.1M	66.4M
Deferred Tax Liabilities	678.8M	663M	170M	133M	119.6M	112.9M	140M	121.2M	108.9M	93.9M
Other Non-Current Liabilities	356.2M	295.5M	693.6M	594.2M	132.2M	189.9M	146.1M	133.8M	152.4M	121.9M
Total Liabilities	7.27B	7.17B	7.39B	7.22B	2.11B	2.17B	2.64B	2.55B	2.63B	2.48B
Total Debt+	5.23B	5.24B	5.45B	5.38B	1.58B	1.57B	1.97B	1.98B	2.03B	1.91B
Net Debt	4.8B	4.82B	5B	5.14B	1.39B	1.28B	1.64B	1.72B	1.74B	1.55B
Debt / Equity	1.79x	1.81x	1.90x	2.46x	0.71x	0.68x	0.79x	0.84x	0.86x	0.79x
Debt / EBITDA	16.21x	8.80x	14.44x	13.27x	3.92x	3.99x	4.24x	4.07x	5.95x	3.80x
Net Debt / EBITDA	14.87x	8.09x	13.26x	12.69x	3.45x	3.25x	3.53x	3.53x	5.10x	3.08x
Interest Coverage	0.33x	0.67x	0.66x	0.80x	2.75x	3.67x	5.53x	6.35x	3.52x	6.11x
Total Equity+	2.92B	2.89B	2.86B	2.18B	2.22B	2.32B	2.5B	2.35B	2.34B	2.4B
Equity Growth %	0.14%	-0.01%	-0.01%	-0.24%	0.02%	0.04%	0.08%	-0.06%	-0%	0.02%
Book Value per Share	14.37	10.61	10.00	7.57	8.53	9.28	10.09	9.56	9.70	9.89
Total Shareholders' Equity	2.75B	2.73B	2.74B	2.11B	2.22B	2.32B	2.48B	2.33B	2.33B	2.38B
Common Stock	2.3M	3M	2.9M	2.9M	2.6M	2.6M	2.6M	2.7M	2.7M	2.7M
Retained Earnings	-532.7M	-574M	-869.7M	-1.2B	-1.54B	-1.47B	-1.33B	-1.22B	-1.18B	-1.02B
Treasury Stock	0	0	-100K	-3.5M	-78.9M	-137.7M	-159.2M	-334.2M	-341.9M	-349.5M
Accumulated OCI	-886.1M	-675M	-422M	-756.9M	-280.5M	-194.8M	-197.4M	-298.1M	-345.9M	-467.2M
Minority Interest	169.4M	154M	116.9M	71.9M	-1.6M	-1.7M	20.1M	16.6M	15.8M	15.4M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	320.9M	189.8M	151M	-8.7M	9M	261.3M	322.5M	297.7M	335.8M	363.6M
Operating CF Margin %	0.13%	0.05%	0.04%	-0%	0%	0.14%	0.13%	0.12%	0.14%	0.15%
Operating CF Growth %	2.27%	-0.41%	-0.2%	-1.06%	2.03%	28.03%	0.23%	-0.08%	0.13%	0.08%
Net Income	-308.6M	-73.7M	-296.2M	-324.4M	92.2M	75.7M	203.3M	187.2M	118.1M	244.2M
Depreciation & Amortization	251M	155.7M	156M	156.7M	154.7M	161.4M	163.9M	161.3M	166.7M	157.6M
Stock-Based Compensation	800K	6.2M	9.6M	15.4M	11.8M	6M	40.1M	17.7M	9.4M	14.8M
Deferred Taxes	0	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	251.5M	110.4M	263.6M	167.7M	-184.1M	18.7M	-22.2M	30.6M	42.2M	-41.4M
Working Capital Changes	126.2M	-8.8M	18M	-24.1M	-65.6M	-500K	-62.6M	-99.1M	-600K	-11.6M
Change in Receivables	66.7M	-42.4M	-21.5M	900K	21.8M	-27.3M	-48.7M	6.4M	-6.8M	-29.9M
Change in Inventory	-7.3M	7.6M	-9.2M	-18.8M	-3.8M	1.4M	-46.5M	-31.2M	-9.5M	7.8M
Change in Payables	0	0	0	0	0	0	0	0	0	0
Cash from Investing+	-4.26B	-74M	-92.6M	-75M	4.19B	-39.9M	-568.9M	-75.2M	-250.2M	-73.8M
Capital Expenditures	-47.9M	-56M	-59.4M	-28.4M	-29.7M	-28.8M	-46.3M	-47.8M	-52.7M	-68.4M
CapEx % of Revenue	0.02%	0.02%	0.02%	0.01%	0.02%	0.02%	0.02%	0.02%	0.02%	0.03%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	499.2M	16.7M	-9.7M	-96.8M	6.5M	-2.1M	13.9M	-4.8M	17.3M	-1.5M
Cash from Financing+	4B	-101M	-67.4M	42.4M	-4.43B	-123.6M	290M	-275.6M	-58.7M	-206.6M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	-12.4M	-61.9M	-78.4M	-77.4M	-78.2M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-94M	-63.5M	-96.4M	38.5M	-48.9M	-47.6M	-16.5M	-29.8M	-14.3M	-15.9M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	273M	129M	122.7M	-37.1M	-20.7M	232.5M	276.2M	249.9M	283.1M	293.6M
FCF Margin %	0.11%	0.04%	0.03%	-0.02%	-0.01%	0.13%	0.12%	0.1%	0.12%	0.12%
FCF Growth %	2.43%	-0.53%	-0.05%	-1.3%	0.44%	12.23%	0.19%	-0.1%	0.13%	0.04%
FCF per Share	1.34	0.47	0.43	-0.13	-0.08	0.93	1.11	1.02	1.17	1.21
FCF Conversion (FCF/Net Income)	-1.04x	-2.56x	-0.51x	0.03x	0.10x	3.45x	1.59x	1.59x	2.84x	1.49x
Interest Paid	147.6M	348.8M	315.7M	293.4M	125.4M	51.8M	50.6M	46.9M	56.1M	64.8M
Taxes Paid	73.3M	62.6M	73.9M	78.9M	71.2M	66.5M	102.2M	66.5M	73.7M	87.2M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-11.28%	-2.55%	-10.3%	-12.87%	4.19%	3.34%	8.44%	7.72%	5.03%	10.3%
Return on Invested Capital (ROIC)	0.95%	2.46%	2.14%	2.46%	3.42%	4.84%	5.81%	5.95%	3.2%	6.43%
Gross Margin	39.02%	42.05%	42.08%	42.71%	42.94%	42.4%	40.04%	37.37%	39.37%	42.15%
Net Margin	-12.14%	-2.06%	-7.84%	-16.54%	5.02%	4.08%	8.47%	7.34%	5.06%	9.94%
Debt / Equity	1.79x	1.81x	1.90x	2.46x	0.71x	0.68x	0.79x	0.84x	0.86x	0.79x
Interest Coverage	0.33x	0.67x	0.66x	0.80x	2.75x	3.67x	5.53x	6.35x	3.52x	6.11x
FCF Conversion	-1.04x	-2.56x	-0.51x	0.03x	0.10x	3.45x	1.59x	1.59x	2.84x	1.49x
Revenue Growth	201.51%	41.05%	5.3%	-48.07%	-6.38%	0.97%	29.46%	6.23%	-8.48%	5.3%

Revenue by Segment

	2014	2016	2017	2018	2019	2020	2021	2022	2023	2024
Electronics	-	-	-	1.16B	1.09B	1.17B	1.53B	1.6B	1.41B	1.56B
Electronics Growth	-	-	-	-	-6.20%	7.96%	30.86%	4.58%	-11.81%	10.37%
Industrial And Specialty	-	-	-	803.5M	750.2M	681.6M	866M	945.3M	918.5M	895.5M
Industrial And Specialty Growth	-	-	-	-	-6.63%	-9.14%	27.05%	9.16%	-2.84%	-2.50%
Agricultural Solutions	-	1.82B	3.79B	-	-	-	-	-	-	-
Agricultural Solutions Growth	-	-	108.98%	-	-	-	-	-	-	-
Performance Solutions	-	-	3.76B	-	-	-	-	-	-	-
Performance Solutions Growth	-	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2014	2016	2017	2018	2019	2020	2021	2022	2023	2024
Other Countries	418.9M	1.38B	2.64B	-	-	-	-	-	1.34B	1.41B
Other Countries Growth	-	228.24%	92.33%	-	-	-	-	-	-	5.49%
UNITED STATES	217.4M	725.4M	654.7M	-	-	-	-	-	576.2M	566.4M
UNITED STATES Growth	-	233.67%	-9.75%	-	-	-	-	-	-	-1.70%
CHINA	87.8M	330.6M	-	-	-	-	-	-	418.9M	479M
CHINA Growth	-	276.54%	-	-	-	-	-	-	-	14.35%
BRAZIL	-	463M	476.7M	-	-	-	-	-	-	-
BRAZIL Growth	-	-	2.96%	-	-	-	-	-	-	-
Non-US	-	2.86B	-	-	-	-	-	-	-	-
Non-US Growth	-	-	-	-	-	-	-	-	-	-
FRANCE	-	227.8M	-	-	-	-	-	-	-	-
FRANCE Growth	-	-	-	-	-	-	-	-	-	-
GERMANY	-	172.9M	-	-	-	-	-	-	-	-
GERMANY Growth	-	-	-	-	-	-	-	-	-	-
JAPAN	-	145.7M	-	-	-	-	-	-	-	-
JAPAN Growth	-	-	-	-	-	-	-	-	-	-
Foreign Sales	625.8M	-	-	-	-	-	-	-	-	-
Foreign Sales Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Element Solutions Inc (ESI) has a price-to-earnings (P/E) ratio of 28.0x. This suggests investors expect higher future growth.

Growth & Financials

Element Solutions Inc (ESI) reported $2.50B in revenue for fiscal year 2024. This represents a 242% increase from $731.2M in 2012.

Element Solutions Inc (ESI) grew revenue by 5.3% over the past year. This is steady growth.

Yes, Element Solutions Inc (ESI) is profitable, generating $239.4M in net income for fiscal year 2024 (9.9% net margin).

Dividend & Returns

Yes, Element Solutions Inc (ESI) pays a dividend with a yield of 1.14%. This makes it attractive for income-focused investors.

Element Solutions Inc (ESI) has a return on equity (ROE) of 10.3%. This is reasonable for most industries.

Element Solutions Inc (ESI) generated $269.9M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

...

Element Solutions Inc (ESI) 10-Year Financial Performance & Capital Metrics

ESI • • Industrial / General

Basic MaterialsSpecialty ChemicalsElectronic & Advanced MaterialsElectronic Chemicals & Materials

Revenue $2.46B +5.3%
EBITDA $502M +47.4%
Net Income $244M +106.8%
EPS (Diluted) 1.01 +106.1%
Gross Margin 42.15% +7.1%
EBITDA Margin 20.41% +40.0%
Operating Margin 14% +88.1%
Net Margin 9.94% +96.4%
ROE 10.3% +104.6%
ROIC 6.43% +101.1%
Debt/Equity 0.79 -8.0%
Interest Coverage 6.11 +73.5%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y profit CAGR of 21.5%
✓Strong Piotroski F-Score: 8/9
✓High quality earnings: Operating CF exceeds net income
✓Trading near 52-week high

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y11.29%

5Y6%

3Y0.79%

TTM3.87%

Profit (Net Income) CAGR

10Y-

5Y21.51%

3Y6.3%

TTM-10.2%

EPS CAGR

10Y-

5Y23.61%

3Y7.19%

TTM-10%

ROCE

10Y Avg4.4%

5Y Avg6.16%

3Y Avg6.12%

Latest7.56%

Peer Comparison

Electronic Chemicals & Materials

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ESIElement Solutions Inc	6.84B	28.25	27.97	5.3%	9.58%	8.97%	4.29%	0.79
DDDuPont de Nemours, Inc.	18.35B	43.79	26.07	2.64%	-6.17%	-3.3%	6.91%	0.30
CRKNCrown ElectroKinetics Corp.	191.21K	0.11	-0.00		-184.32%	-250.04%		0.46
LWLGLightwave Logic, Inc.	670.44M	4.61	-24.26	136.05%	-208.78%	-50.99%		0.08

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	2.54B	3.59B	3.78B	1.96B	1.84B	1.85B	2.4B	2.55B	2.33B	2.46B
Revenue Growth %	2.02%	0.41%	0.05%	-0.48%	-0.06%	0.01%	0.29%	0.06%	-0.08%	0.05%
Cost of Goods Sold+	1.55B	2.08B	2.19B	1.12B	1.05B	1.07B	1.44B	1.6B	1.41B	1.42B
COGS % of Revenue	0.61%	0.58%	0.58%	0.57%	0.57%	0.58%	0.6%	0.63%	0.61%	0.58%
Gross Profit+	991.9M	1.51B	1.59B	837.6M	788.3M	786M	960.8M	952.7M	918.5M	1.04B
Gross Margin %	0.39%	0.42%	0.42%	0.43%	0.43%	0.42%	0.4%	0.37%	0.39%	0.42%
Gross Profit Growth %	1.5%	0.52%	0.05%	-0.47%	-0.06%	-0%	0.22%	-0.01%	-0.04%	0.13%
Operating Expenses+	920.3M	1.21B	1.21B	589.1M	539.2M	553.3M	660.9M	627.4M	744.9M	691.8M
OpEx % of Revenue	0.36%	0.34%	0.32%	0.3%	0.29%	0.3%	0.28%	0.25%	0.32%	0.28%
Selling, General & Admin	857.5M	1.12B	1.11B	544.8M	497M	504.7M	611.2M	578.6M	596.8M	628.8M
SG&A % of Revenue	0.34%	0.31%	0.29%	0.28%	0.27%	0.27%	0.25%	0.23%	0.26%	0.26%
Research & Development	62.8M	84M	98.4M	44.3M	42.2M	48.6M	49.7M	48.8M	68.1M	63M
R&D % of Revenue	0.02%	0.02%	0.03%	0.02%	0.02%	0.03%	0.02%	0.02%	0.03%	0.03%
Other Operating Expenses	0	0	0	0	0	0	0	2.9M	80M	0
Operating Income+	71.6M	253M	221.3M	248.5M	249.1M	232.7M	299.9M	325.3M	173.6M	343.9M
Operating Margin %	0.03%	0.07%	0.06%	0.13%	0.14%	0.13%	0.12%	0.13%	0.07%	0.14%
Operating Income Growth %	6.54%	2.53%	-0.13%	0.12%	0%	-0.07%	0.29%	0.08%	-0.47%	0.98%
EBITDA+	322.6M	595.3M	377.3M	405.2M	403.6M	393.9M	463.8M	486.6M	340.3M	501.5M
EBITDA Margin %	0.13%	0.17%	0.1%	0.21%	0.22%	0.21%	0.19%	0.19%	0.15%	0.2%
EBITDA Growth %	2.31%	0.85%	-0.37%	0.07%	-0%	-0.02%	0.18%	0.05%	-0.3%	0.47%
D&A (Non-Cash Add-back)	251M	342.3M	156M	156.7M	154.5M	161.2M	163.9M	161.3M	166.7M	157.6M
EBIT	-15.4M	140.5M	76.5M	257.8M	231.6M	144.5M	311.6M	334.8M	178.4M	344M
Net Interest Income+	-213.9M	-372.3M	-336.9M	-311M	-90.7M	-63.4M	-54.2M	-51.2M	-49.3M	-56.3M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	213.9M	376M	336.9M	311M	90.7M	63.4M	54.2M	51.2M	49.3M	56.3M
Other Income/Expense	-300.9M	-137.4M	-460.6M	-301.7M	-108.2M	-151.6M	-48.2M	-53.3M	-44.5M	-56.2M
Pretax Income+	-229.3M	-48M	-289M	-53.2M	140.9M	81.1M	251.7M	272M	129.1M	287.7M
Pretax Margin %	-0.09%	-0.01%	-0.08%	-0.03%	0.08%	0.04%	0.1%	0.11%	0.06%	0.12%
Income Tax+	75.1M	29M	6.6M	23.8M	61.3M	4.3M	48.3M	85.8M	13M	44.8M
Effective Tax Rate %	1.35%	1.54%	1.02%	6.1%	0.65%	0.93%	0.81%	0.69%	0.91%	0.85%
Net Income+	-308.6M	-74M	-296.2M	-324.4M	92.2M	75.7M	203.3M	187.2M	118.1M	244.2M
Net Margin %	-0.12%	-0.02%	-0.08%	-0.17%	0.05%	0.04%	0.08%	0.07%	0.05%	0.1%
Net Income Growth %	-9.32%	0.76%	-3%	-0.1%	1.28%	-0.18%	1.69%	-0.08%	-0.37%	1.07%
Net Income (Continuing)	-304.4M	-190.5M	-191.8M	-77M	79.6M	76.8M	203.4M	186.2M	116.1M	242.9M
Discontinued Operations	0	0	0	0	13.3M	0	300K	1.8M	2.1M	1.6M
Minority Interest	169.4M	154M	116.9M	71.9M	-1.6M	-1.7M	20.1M	16.6M	15.8M	15.4M
EPS (Diluted)+	-1.52	-0.27	-1.04	-1.13	0.35	0.30	0.82	0.75	0.49	1.01
EPS Growth %	-5.91%	0.82%	-2.85%	-0.09%	1.31%	-0.14%	1.73%	-0.09%	-0.35%	1.06%
EPS (Basic)	-1.52	-0.30	-1.04	-1.14	0.35	0.30	0.82	0.76	0.49	1.01
Diluted Shares Outstanding	203.2M	272.3M	286.1M	288.2M	260.1M	249.9M	247.9M	245.8M	241.8M	242.6M
Basic Shares Outstanding	203.03M	243.3M	284.12M	283.79M	257.6M	248.8M	247.4M	245.1M	241.4M	242.1M
Dividend Payout Ratio	-	-	-	-	-	0.16%	0.3%	0.42%	0.66%	0.32%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	2.27B	2.07B	2.34B	2.48B	833.4M	989.9M	1.21B	1.19B	1.2B	1.27B
Cash & Short-Term Investments	432.2M	423M	477.8M	233.6M	190.1M	291.9M	330.1M	265.6M	289.3M	359.4M
Cash Only	432.2M	423M	477.8M	233.6M	190.1M	291.9M	330.1M	265.6M	289.3M	359.4M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	1.15B	1.05B	399.8M	382.4M	363.9M	403.4M	492.2M	455.8M	461.8M	439.6M
Days Sales Outstanding	164.82	107.36	38.65	71.18	72.35	79.43	74.86	65.26	72.24	65.31
Inventory	517.5M	416M	490.4M	188.1M	199.6M	203.1M	274.4M	290.7M	298.9M	246.2M
Days Inventory Outstanding	121.83	73.07	81.85	61.11	69.54	69.43	69.6	66.45	77.12	63.23
Other Current Assets	100.6M	106.1M	1.48B	1.66B	61.5M	67.5M	88.4M	138.1M	115M	202.1M
Total Non-Current Assets+	7.92B	7.98B	7.91B	6.92B	3.49B	3.49B	3.92B	3.71B	3.78B	3.6B
Property, Plant & Equipment	491.6M	461M	452.3M	266.9M	264.8M	240.4M	278.1M	277.2M	296.9M	276.8M
Fixed Asset Turnover	5.17x	7.78x	8.35x	7.35x	6.93x	7.71x	8.63x	9.20x	7.86x	8.88x
Goodwill	4.02B	4.18B	4.2B	2.18B	2.18B	2.25B	2.53B	2.41B	2.34B	2.13B
Intangible Assets	3.31B	3.23B	3.14B	1.02B	944.4M	855.9M	956.7M	805.5M	879.3M	732M
Long-Term Investments	-678.8M	-663.2M	-579.6M	-133M	-119.6M	-112.9M	12.4M	70.4M	28.1M	17.8M
Other Non-Current Assets	91.9M	110M	121M	3.45B	102.2M	144.5M	68.9M	97.6M	115.1M	312M
Total Assets+	10.19B	10.05B	10.25B	9.4B	4.32B	4.48B	5.14B	4.9B	4.97B	4.87B
Asset Turnover	0.25x	0.36x	0.37x	0.21x	0.42x	0.41x	0.47x	0.52x	0.47x	0.50x
Asset Growth %	1.24%	-0.01%	0.02%	-0.08%	-0.54%	0.04%	0.15%	-0.05%	0.01%	-0.02%
Total Current Liabilities+	1.06B	1.08B	1.09B	1.14B	293.8M	314.3M	415.2M	344.4M	369.4M	379.7M
Accounts Payable	450.3M	383.6M	111.2M	100.9M	96.8M	95.6M	138.4M	132.2M	140.6M	121.3M
Days Payables Outstanding	106.01	67.38	18.56	32.78	33.73	32.68	35.1	30.22	36.28	31.15
Short-Term Debt	54.7M	116.1M	10.1M	25.3M	7.8M	7.4M	12.7M	11.5M	26.5M	10.4M
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	414.2M	397M	861.4M	931.5M	99.8M	91.3M	89.8M	68M	75.5M	85.1M
Current Ratio	2.14x	1.91x	2.14x	2.17x	2.84x	3.15x	2.93x	3.45x	3.24x	3.34x
Quick Ratio	1.65x	1.53x	1.69x	2.01x	2.16x	2.50x	2.26x	2.61x	2.43x	2.70x
Cash Conversion Cycle	180.64	113.05	101.94	99.51	108.17	116.18	109.36	101.49	113.09	97.39
Total Non-Current Liabilities+	6.21B	6.08B	6.3B	6.08B	1.81B	1.85B	2.22B	2.21B	2.26B	2.1B
Long-Term Debt	5.17B	5.12B	5.44B	5.35B	1.51B	1.51B	1.89B	1.88B	1.92B	1.81B
Capital Lease Obligations	3.7M	3.7M	0	200K	46.5M	40.1M	42.1M	71.4M	78.1M	66.4M
Deferred Tax Liabilities	678.8M	663M	170M	133M	119.6M	112.9M	140M	121.2M	108.9M	93.9M
Other Non-Current Liabilities	356.2M	295.5M	693.6M	594.2M	132.2M	189.9M	146.1M	133.8M	152.4M	121.9M
Total Liabilities	7.27B	7.17B	7.39B	7.22B	2.11B	2.17B	2.64B	2.55B	2.63B	2.48B
Total Debt+	5.23B	5.24B	5.45B	5.38B	1.58B	1.57B	1.97B	1.98B	2.03B	1.91B
Net Debt	4.8B	4.82B	5B	5.14B	1.39B	1.28B	1.64B	1.72B	1.74B	1.55B
Debt / Equity	1.79x	1.81x	1.90x	2.46x	0.71x	0.68x	0.79x	0.84x	0.86x	0.79x
Debt / EBITDA	16.21x	8.80x	14.44x	13.27x	3.92x	3.99x	4.24x	4.07x	5.95x	3.80x
Net Debt / EBITDA	14.87x	8.09x	13.26x	12.69x	3.45x	3.25x	3.53x	3.53x	5.10x	3.08x
Interest Coverage	0.33x	0.67x	0.66x	0.80x	2.75x	3.67x	5.53x	6.35x	3.52x	6.11x
Total Equity+	2.92B	2.89B	2.86B	2.18B	2.22B	2.32B	2.5B	2.35B	2.34B	2.4B
Equity Growth %	0.14%	-0.01%	-0.01%	-0.24%	0.02%	0.04%	0.08%	-0.06%	-0%	0.02%
Book Value per Share	14.37	10.61	10.00	7.57	8.53	9.28	10.09	9.56	9.70	9.89
Total Shareholders' Equity	2.75B	2.73B	2.74B	2.11B	2.22B	2.32B	2.48B	2.33B	2.33B	2.38B
Common Stock	2.3M	3M	2.9M	2.9M	2.6M	2.6M	2.6M	2.7M	2.7M	2.7M
Retained Earnings	-532.7M	-574M	-869.7M	-1.2B	-1.54B	-1.47B	-1.33B	-1.22B	-1.18B	-1.02B
Treasury Stock	0	0	-100K	-3.5M	-78.9M	-137.7M	-159.2M	-334.2M	-341.9M	-349.5M
Accumulated OCI	-886.1M	-675M	-422M	-756.9M	-280.5M	-194.8M	-197.4M	-298.1M	-345.9M	-467.2M
Minority Interest	169.4M	154M	116.9M	71.9M	-1.6M	-1.7M	20.1M	16.6M	15.8M	15.4M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	320.9M	189.8M	151M	-8.7M	9M	261.3M	322.5M	297.7M	335.8M	363.6M
Operating CF Margin %	0.13%	0.05%	0.04%	-0%	0%	0.14%	0.13%	0.12%	0.14%	0.15%
Operating CF Growth %	2.27%	-0.41%	-0.2%	-1.06%	2.03%	28.03%	0.23%	-0.08%	0.13%	0.08%
Net Income	-308.6M	-73.7M	-296.2M	-324.4M	92.2M	75.7M	203.3M	187.2M	118.1M	244.2M
Depreciation & Amortization	251M	155.7M	156M	156.7M	154.7M	161.4M	163.9M	161.3M	166.7M	157.6M
Stock-Based Compensation	800K	6.2M	9.6M	15.4M	11.8M	6M	40.1M	17.7M	9.4M	14.8M
Deferred Taxes	0	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	251.5M	110.4M	263.6M	167.7M	-184.1M	18.7M	-22.2M	30.6M	42.2M	-41.4M
Working Capital Changes	126.2M	-8.8M	18M	-24.1M	-65.6M	-500K	-62.6M	-99.1M	-600K	-11.6M
Change in Receivables	66.7M	-42.4M	-21.5M	900K	21.8M	-27.3M	-48.7M	6.4M	-6.8M	-29.9M
Change in Inventory	-7.3M	7.6M	-9.2M	-18.8M	-3.8M	1.4M	-46.5M	-31.2M	-9.5M	7.8M
Change in Payables	0	0	0	0	0	0	0	0	0	0
Cash from Investing+	-4.26B	-74M	-92.6M	-75M	4.19B	-39.9M	-568.9M	-75.2M	-250.2M	-73.8M
Capital Expenditures	-47.9M	-56M	-59.4M	-28.4M	-29.7M	-28.8M	-46.3M	-47.8M	-52.7M	-68.4M
CapEx % of Revenue	0.02%	0.02%	0.02%	0.01%	0.02%	0.02%	0.02%	0.02%	0.02%	0.03%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	499.2M	16.7M	-9.7M	-96.8M	6.5M	-2.1M	13.9M	-4.8M	17.3M	-1.5M
Cash from Financing+	4B	-101M	-67.4M	42.4M	-4.43B	-123.6M	290M	-275.6M	-58.7M	-206.6M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	-12.4M	-61.9M	-78.4M	-77.4M	-78.2M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-94M	-63.5M	-96.4M	38.5M	-48.9M	-47.6M	-16.5M	-29.8M	-14.3M	-15.9M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	273M	129M	122.7M	-37.1M	-20.7M	232.5M	276.2M	249.9M	283.1M	293.6M
FCF Margin %	0.11%	0.04%	0.03%	-0.02%	-0.01%	0.13%	0.12%	0.1%	0.12%	0.12%
FCF Growth %	2.43%	-0.53%	-0.05%	-1.3%	0.44%	12.23%	0.19%	-0.1%	0.13%	0.04%
FCF per Share	1.34	0.47	0.43	-0.13	-0.08	0.93	1.11	1.02	1.17	1.21
FCF Conversion (FCF/Net Income)	-1.04x	-2.56x	-0.51x	0.03x	0.10x	3.45x	1.59x	1.59x	2.84x	1.49x
Interest Paid	147.6M	348.8M	315.7M	293.4M	125.4M	51.8M	50.6M	46.9M	56.1M	64.8M
Taxes Paid	73.3M	62.6M	73.9M	78.9M	71.2M	66.5M	102.2M	66.5M	73.7M	87.2M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-11.28%	-2.55%	-10.3%	-12.87%	4.19%	3.34%	8.44%	7.72%	5.03%	10.3%
Return on Invested Capital (ROIC)	0.95%	2.46%	2.14%	2.46%	3.42%	4.84%	5.81%	5.95%	3.2%	6.43%
Gross Margin	39.02%	42.05%	42.08%	42.71%	42.94%	42.4%	40.04%	37.37%	39.37%	42.15%
Net Margin	-12.14%	-2.06%	-7.84%	-16.54%	5.02%	4.08%	8.47%	7.34%	5.06%	9.94%
Debt / Equity	1.79x	1.81x	1.90x	2.46x	0.71x	0.68x	0.79x	0.84x	0.86x	0.79x
Interest Coverage	0.33x	0.67x	0.66x	0.80x	2.75x	3.67x	5.53x	6.35x	3.52x	6.11x
FCF Conversion	-1.04x	-2.56x	-0.51x	0.03x	0.10x	3.45x	1.59x	1.59x	2.84x	1.49x
Revenue Growth	201.51%	41.05%	5.3%	-48.07%	-6.38%	0.97%	29.46%	6.23%	-8.48%	5.3%

Revenue by Segment

	2014	2016	2017	2018	2019	2020	2021	2022	2023	2024
Electronics	-	-	-	1.16B	1.09B	1.17B	1.53B	1.6B	1.41B	1.56B
Electronics Growth	-	-	-	-	-6.20%	7.96%	30.86%	4.58%	-11.81%	10.37%
Industrial And Specialty	-	-	-	803.5M	750.2M	681.6M	866M	945.3M	918.5M	895.5M
Industrial And Specialty Growth	-	-	-	-	-6.63%	-9.14%	27.05%	9.16%	-2.84%	-2.50%
Agricultural Solutions	-	1.82B	3.79B	-	-	-	-	-	-	-
Agricultural Solutions Growth	-	-	108.98%	-	-	-	-	-	-	-
Performance Solutions	-	-	3.76B	-	-	-	-	-	-	-
Performance Solutions Growth	-	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2014	2016	2017	2018	2019	2020	2021	2022	2023	2024
Other Countries	418.9M	1.38B	2.64B	-	-	-	-	-	1.34B	1.41B
Other Countries Growth	-	228.24%	92.33%	-	-	-	-	-	-	5.49%
UNITED STATES	217.4M	725.4M	654.7M	-	-	-	-	-	576.2M	566.4M
UNITED STATES Growth	-	233.67%	-9.75%	-	-	-	-	-	-	-1.70%
CHINA	87.8M	330.6M	-	-	-	-	-	-	418.9M	479M
CHINA Growth	-	276.54%	-	-	-	-	-	-	-	14.35%
BRAZIL	-	463M	476.7M	-	-	-	-	-	-	-
BRAZIL Growth	-	-	2.96%	-	-	-	-	-	-	-
Non-US	-	2.86B	-	-	-	-	-	-	-	-
Non-US Growth	-	-	-	-	-	-	-	-	-	-
FRANCE	-	227.8M	-	-	-	-	-	-	-	-
FRANCE Growth	-	-	-	-	-	-	-	-	-	-
GERMANY	-	172.9M	-	-	-	-	-	-	-	-
GERMANY Growth	-	-	-	-	-	-	-	-	-	-
JAPAN	-	145.7M	-	-	-	-	-	-	-	-
JAPAN Growth	-	-	-	-	-	-	-	-	-	-
Foreign Sales	625.8M	-	-	-	-	-	-	-	-	-
Foreign Sales Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Element Solutions Inc (ESI) has a price-to-earnings (P/E) ratio of 28.0x. This suggests investors expect higher future growth.

Growth & Financials

Element Solutions Inc (ESI) reported $2.50B in revenue for fiscal year 2024. This represents a 242% increase from $731.2M in 2012.

Element Solutions Inc (ESI) grew revenue by 5.3% over the past year. This is steady growth.

Yes, Element Solutions Inc (ESI) is profitable, generating $239.4M in net income for fiscal year 2024 (9.9% net margin).

Dividend & Returns

Yes, Element Solutions Inc (ESI) pays a dividend with a yield of 1.14%. This makes it attractive for income-focused investors.

Element Solutions Inc (ESI) has a return on equity (ROE) of 10.3%. This is reasonable for most industries.

Element Solutions Inc (ESI) generated $269.9M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.