Element Solutions Inc (ESI) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 1.46B | 1.58B | 1.53B | 1.45B | 1.36B | 1.27B | 1.35B | 1.3B | 1.24B | 1.2B | 1.3B | 1.26B | 1.23B | 1.19B | 1.18B | 1.24B | 1.22B | 1.21B | 1.21B | 1.15B |
| Cash & Short-Term Investments | 177.3M | 626.5M | 594.3M | 529.9M | 499.2M | 359.4M | 376M | 309.3M | 286.3M | 289.3M | 329.6M | 282.4M | 279M | 265.6M | 234M | 215.6M | 218.8M | 330.1M | 279.3M | 318.4M |
| Cash Only | 177.3M | 626.5M | 594.3M | 529.9M | 499.2M | 359.4M | 376M | 309.3M | 286.3M | 289.3M | 329.6M | 282.4M | 279M | 265.6M | 234M | 215.6M | 218.8M | 330.1M | 279.3M | 318.4M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 676.9M | 517.7M | 502.2M | 496.7M | 454.7M | 439.6M | 474.9M | 480.7M | 459M | 461.8M | 449.5M | 452.2M | 461.3M | 455.8M | 467.6M | 527.1M | 540.8M | 492.2M | 507.1M | 450M |
| Days Sales Outstanding | 64 | 69.38 | 70.03 | 69.24 | 67.78 | 67.39 | 68.15 | 69.78 | 72.86 | 73.11 | 69.21 | 70.92 | 71.85 | 74.03 | 73.98 | 71.78 | 68.34 | 71.06 | 71.45 | 67.66 |
| Inventory | 421.6M | 294.7M | 290.9M | 283.8M | 269.9M | 246.2M | 285.7M | 335.4M | 319.1M | 298.9M | 322.8M | 332.8M | 322M | 290.7M | 309.9M | 337.7M | 323.4M | 274.4M | 316.4M | 280.4M |
| Days Inventory Outstanding | 62.31 | 67.41 | 69.73 | 70.22 | 67.67 | 66.45 | 75.68 | 86.19 | 85.21 | 80.99 | 84.38 | 83.31 | 79.55 | 77.65 | 75.11 | 70.43 | 64.48 | 66.27 | 73.86 | 68.47 |
| Other Current Assets | 182.6M | 143.6M | 138.8M | 111.9M | 108.6M | 202.1M | 186.4M | 147.6M | 146.3M | 115M | 166.3M | 155M | 132.3M | 138.1M | 131.9M | 123.7M | 101.2M | 88.4M | 78.2M | 67.7M |
| Total Non-Current Assets | 4.28B | 3.52B | 3.52B | 3.55B | 3.43B | 3.6B | 3.75B | 3.68B | 3.68B | 3.78B | 3.67B | 3.8B | 3.69B | 3.71B | 3.69B | 3.77B | 3.91B | 3.92B | 3.97B | 3.5B |
| Property, Plant & Equipment | 403.3M | 319.6M | 300.1M | 296.6M | 283.8M | 276.8M | 273.9M | 297.6M | 295.5M | 296.9M | 279.2M | 282.5M | 277.6M | 277.2M | 263.4M | 265.7M | 275M | 278.1M | 270.7M | 242.4M |
| Fixed Asset Turnover | 2.32x | 2.18x | 2.20x | 2.15x | 2.12x | 2.27x | 2.26x | 2.07x | 1.94x | 1.99x | 2.13x | 2.09x | 2.07x | 2.12x | 2.34x | 2.50x | 2.46x | 2.36x | 2.40x | 2.46x |
| Goodwill | 2.54B | 2.24B | 2.23B | 2.24B | 2.16B | 2.13B | 2.22B | 2.29B | 2.3B | 2.34B | 2.28B | 2.39B | 2.43B | 2.41B | 2.33B | 2.43B | 2.52B | 2.53B | 2.53B | 2.27B |
| Intangible Assets | 1.03B | 657.2M | 675.6M | 706.2M | 713.7M | 732M | 782.2M | 806.6M | 840M | 879.3M | 889.6M | 933.2M | 780.9M | 805.5M | 804.1M | 866.9M | 929.7M | 956.7M | 994.1M | 823.8M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17.2M | 11.2M | 28.1M | 60.1M | 43.2M | 52.2M | 70.4M | 153.8M | 80.4M | 4M | 12.4M | -163.9M | -112.6M |
| Other Non-Current Assets | 145.2M | 124.7M | 126.3M | 125.6M | 121.5M | 329.8M | 311.4M | 124.2M | 114.5M | 115.1M | 109.1M | 102.2M | 99.9M | 97.6M | 93.5M | 75.1M | 112.7M | 68.9M | 171.6M | 165.5M |
| Total Assets | 5.74B | 5.1B | 5.05B | 5B | 4.79B | 4.87B | 5.1B | 4.98B | 4.91B | 4.97B | 4.97B | 5.06B | 4.93B | 4.9B | 4.87B | 5.01B | 5.13B | 5.14B | 5.18B | 4.64B |
| Asset Turnover | 0.15x | 0.13x | 0.13x | 0.13x | 0.12x | 0.13x | 0.13x | 0.12x | 0.12x | 0.12x | 0.12x | 0.12x | 0.12x | 0.12x | 0.13x | 0.13x | 0.13x | 0.13x | 0.13x | 0.13x |
| Asset Growth % | 19.67% | 4.67% | -1.04% | 0.41% | -2.39% | -2.01% | 2.6% | -1.55% | -0.29% | 1.44% | 2.04% | 1.02% | -3.94% | -4.57% | -6.04% | 7.88% | 14.57% | 14.61% | 19.79% | 10.08% |
| Total Current Liabilities | 543.6M | 429.9M | 376.7M | 354.9M | 344.6M | 379.7M | 384M | 372.2M | 340.9M | 369.4M | 376.7M | 378.1M | 342.6M | 344.4M | 354M | 395M | 399.7M | 415.2M | 421.3M | 355.5M |
| Accounts Payable | 180.8M | 165.5M | 145.2M | 148.3M | 145.2M | 121.3M | 127.1M | 146.2M | 132.9M | 140.6M | 143.8M | 144.1M | 151.2M | 132.2M | 158.4M | 175.6M | 179.5M | 138.4M | 165M | 140M |
| Days Payables Outstanding | 30.12 | 35.77 | 35.61 | 37.22 | 34.94 | 31.03 | 33.3 | 36.76 | 37.71 | 37.05 | 37.05 | 37.57 | 36.79 | 37.57 | 38.74 | 37.83 | 34.29 | 34.03 | 37.75 | 34.31 |
| Short-Term Debt | 97.9M | 0 | 0 | 200K | 100K | 10.4M | 11.5M | 11.5M | 11.5M | 26.5M | 11.5M | 11.5M | 11.5M | 11.5M | 11.9M | 13.5M | 13.7M | 12.7M | 12.9M | 7.4M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 264.9M | 264.4M | 231.5M | 206.4M | 199.4M | 85.1M | 245.4M | 214.5M | 196.5M | 75.5M | 221.4M | 222.5M | 179.9M | 68M | 183.7M | 205.9M | 206.5M | 89.8M | 243.4M | 208.1M |
| Current Ratio | 2.68x | 3.68x | 4.05x | 4.10x | 3.95x | 3.34x | 3.52x | 3.50x | 3.63x | 3.24x | 3.45x | 3.32x | 3.60x | 3.45x | 3.33x | 3.13x | 3.04x | 2.93x | 2.88x | 3.22x |
| Quick Ratio | 1.91x | 3.00x | 3.28x | 3.30x | 3.16x | 2.70x | 2.77x | 2.60x | 2.69x | 2.43x | 2.59x | 2.44x | 2.66x | 2.61x | 2.45x | 2.28x | 2.24x | 2.26x | 2.13x | 2.43x |
| Cash Conversion Cycle | 96.18 | 101.03 | 104.16 | 102.24 | 100.51 | 102.81 | 110.53 | 119.22 | 120.36 | 117.05 | 116.54 | 116.66 | 114.6 | 114.11 | 110.35 | 104.38 | 98.53 | 103.3 | 107.56 | 101.81 |
| Total Non-Current Liabilities | 2.44B | 1.98B | 2B | 2.01B | 1.92B | 2.1B | 2.26B | 2.22B | 2.23B | 2.26B | 2.35B | 2.36B | 2.21B | 2.21B | 2.21B | 2.2B | 2.22B | 2.22B | 2.25B | 1.82B |
| Long-Term Debt | 2.06B | 1.63B | 1.63B | 1.62B | 1.62B | 1.81B | 1.91B | 1.92B | 1.92B | 1.92B | 2.03B | 2.03B | 1.88B | 1.88B | 1.89B | 1.89B | 1.89B | 1.89B | 1.9B | 1.51B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 66.4M | 0 | 0 | 0 | 78.1M | 0 | 0 | 0 | 71.4M | 0 | 0 | 0 | 42.1M | 0 | 0 |
| Deferred Tax Liabilities | 109.8M | 93.1M | 97.4M | 102.1M | 96.9M | 93.9M | 105.6M | 103.8M | 102.9M | 108.9M | 104.4M | 115.3M | 120M | 121.2M | 122.9M | 131.7M | 137.9M | 140M | 163.9M | 112.6M |
| Other Non-Current Liabilities | 275.9M | 263.1M | 277.1M | 279.8M | 194.3M | 121.9M | 239.2M | 200.9M | 210.2M | 152.4M | 213.7M | 218.5M | 210.5M | 133.8M | 201.3M | 177.9M | 185.6M | 146.1M | 185.2M | 201.6M |
| Total Liabilities | 2.99B | 2.41B | 2.38B | 2.36B | 2.26B | 2.48B | 2.64B | 2.59B | 2.57B | 2.63B | 2.72B | 2.74B | 2.56B | 2.55B | 2.56B | 2.59B | 2.62B | 2.64B | 2.67B | 2.18B |
| Total Debt | 2.16B | 1.63B | 1.63B | 1.62B | 1.62B | 1.91B | 1.93B | 1.93B | 1.93B | 2.03B | 2.04B | 2.04B | 1.89B | 1.98B | 1.9B | 1.9B | 1.91B | 1.97B | 1.91B | 1.51B |
| Net Debt | 1.98B | 999.4M | 1.03B | 1.09B | 1.12B | 1.55B | 1.55B | 1.62B | 1.64B | 1.74B | 1.71B | 1.76B | 1.61B | 1.72B | 1.66B | 1.69B | 1.69B | 1.64B | 1.63B | 1.19B |
| Debt / Equity | 0.78x | 0.60x | 0.61x | 0.62x | 0.64x | 0.79x | 0.78x | 0.81x | 0.83x | 0.86x | 0.91x | 0.88x | 0.80x | 0.84x | 0.82x | 0.79x | 0.76x | 0.79x | 0.76x | 0.61x |
| Debt / EBITDA | 14.01x | 15.21x | 11.66x | 12.26x | 14.17x | 16.91x | 14.33x | 14.15x | 16.35x | 20.78x | 46.77x | 21.78x | 17.95x | 19.49x | 15.96x | 14.52x | 13.90x | 18.97x | 17.37x | 13.62x |
| Net Debt / EBITDA | 12.86x | 9.35x | 7.40x | 8.26x | 9.81x | 13.72x | 11.53x | 11.88x | 13.92x | 17.81x | 39.21x | 18.77x | 15.30x | 16.88x | 13.99x | 12.87x | 12.30x | 15.79x | 14.83x | 10.75x |
| Interest Coverage | 5.18x | 5.40x | 2.74x | 5.91x | 9.10x | 5.81x | 6.44x | 6.19x | 5.60x | 5.44x | -0.23x | 4.38x | 5.68x | 4.30x | 6.44x | 6.86x | 6.81x | 4.95x | 4.96x | 5.50x |
| Total Equity | 2.75B | 2.69B | 2.67B | 2.64B | 2.54B | 2.4B | 2.45B | 2.39B | 2.34B | 2.34B | 2.25B | 2.32B | 2.37B | 2.35B | 2.3B | 2.42B | 2.51B | 2.5B | 2.52B | 2.47B |
| Equity Growth % | 8.47% | 12.13% | 8.72% | 10.57% | 8.37% | 2.31% | 9.28% | 2.97% | -1.35% | -0.2% | -2.54% | -3.95% | -5.66% | -6.07% | -8.37% | -2.15% | 7.06% | 7.88% | 12.13% | 14.53% |
| Book Value per Share | 11.28 | 11.09 | 11.03 | 10.89 | 10.43 | 9.89 | 10.12 | 9.85 | 9.65 | 9.69 | 9.30 | 9.60 | 9.81 | 9.72 | 9.41 | 9.76 | 10.09 | 10.09 | 10.14 | 9.96 |
| Total Shareholders' Equity | 2.73B | 2.67B | 2.65B | 2.63B | 2.52B | 2.38B | 2.44B | 2.37B | 2.32B | 2.33B | 2.23B | 2.3B | 2.35B | 2.33B | 2.29B | 2.4B | 2.49B | 2.48B | 2.48B | 2.47B |
| Common Stock | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.6M | 2.6M | 2.6M | 2.6M |
| Retained Earnings | -868.5M | -904.6M | -891.1M | -910.9M | -938.6M | -1.02B | -1.05B | -1.07B | -1.15B | -1.18B | -1.24B | -1.19B | -1.2B | -1.22B | -1.22B | -1.25B | -1.3B | -1.33B | -1.32B | -1.34B |
| Treasury Stock | 0 | 0 | -373.9M | -373.8M | -354.3M | -349.5M | -349.5M | -349.4M | -349.4M | -341.9M | -341.9M | -341.8M | -341.5M | -334.2M | -299.7M | -244.9M | -201.8M | -159.2M | -141.2M | -139.4M |
| Accumulated OCI | -292.9M | -308.9M | -319.5M | -318.1M | -409.6M | -467.2M | -371.9M | -413.2M | -384.2M | -345.9M | -387.1M | -361.9M | -296.8M | -298.1M | -378.4M | -285.4M | -182.3M | -197.4M | -225.6M | -203M |
| Minority Interest | 14.8M | 14.9M | 15M | 15.1M | 15.2M | 15.4M | 15.4M | 15.6M | 15.6M | 15.8M | 16M | 16.2M | 16.6M | 16.6M | 16.6M | 17M | 18.6M | 20.1M | 35.5M | -1.7M |