Element Solutions Inc (ESI) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 840M | 676.2M | 656.1M | 625.2M | 593.7M | 624.2M | 645M | 612.7M | 575M | 573.4M | 599.3M | 586.1M |
| Revenue Growth % | 41.49% | 8.33% | 1.72% | 2.04% | 3.25% | 8.86% | 7.63% | 4.54% | 0.1% | -0.07% | -3.1% | -13.41% |
| Cost of Goods Sold | 517.3M | 399.6M | 379.1M | 358.8M | 343.2M | 368.2M | 377.5M | 345.5M | 330M | 353.1M | 357.4M | 357.6M |
| COGS % of Revenue | 61.58% | 59.09% | 57.78% | 57.39% | 57.81% | 58.99% | 58.53% | 56.39% | 57.39% | 61.58% | 59.64% | 61.01% |
| Gross Profit | 322.7M | 276.6M | 277M | 266.4M | 250.5M | 256M | 267.5M | 267.2M | 245M | 220.3M | 241.9M | 228.5M |
| Gross Margin % | 38.42% | 40.91% | 42.22% | 42.61% | 42.19% | 41.01% | 41.47% | 43.61% | 42.61% | 38.42% | 40.36% | 38.99% |
| Gross Profit Growth % | 28.82% | 8.05% | 3.55% | -0.3% | 2.24% | 16.21% | 10.58% | 16.94% | 7.55% | 1.05% | 9.01% | -8.53% |
| Operating Expenses | 211.3M | 206.9M | 176.2M | 172.1M | 173.1M | 181.1M | 172.5M | 171M | 167.2M | 164.8M | 242.8M | 175.9M |
| OpEx % of Revenue | 25.15% | 30.6% | 26.86% | 27.53% | 29.16% | 29.01% | 26.74% | 27.91% | 29.08% | 28.74% | 40.51% | 30.01% |
| Selling, General & Admin | 191.1M | 189.5M | 158.1M | 155.9M | 157.2M | 166.7M | 157.6M | 155.4M | 149.1M | 151M | 149.9M | 147M |
| SG&A % of Revenue | 22.75% | 28.02% | 24.1% | 24.94% | 26.48% | 26.71% | 24.43% | 25.36% | 25.93% | 26.33% | 25.01% | 25.08% |
| Research & Development | 20.2M | 17.4M | 18.1M | 16.2M | 15.9M | 14.4M | 14.9M | 15.6M | 18.1M | 13.8M | 12.9M | 28.9M |
| R&D % of Revenue | 2.4% | 2.57% | 2.76% | 2.59% | 2.68% | 2.31% | 2.31% | 2.55% | 3.15% | 2.41% | 2.15% | 4.93% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 |
| Operating Income | 111.4M | 69.7M | 100.8M | 94.3M | 77.4M | 74.9M | 95M | 96.2M | 77.8M | 55.5M | -900K | 52.6M |
| Operating Margin % | 13.26% | 10.31% | 15.36% | 15.08% | 13.04% | 12% | 14.73% | 15.7% | 13.53% | 9.68% | -0.15% | 8.97% |
| Operating Income Growth % | 43.93% | -6.94% | 6.11% | -1.98% | -0.51% | 34.96% | 10655.56% | 82.89% | 17.17% | -7.65% | -101.14% | -41.88% |
| EBITDA | 153.9M | 106.9M | 139.4M | 132.5M | 114.6M | 112.7M | 134.4M | 136.3M | 118.1M | 97.5M | 43.6M | 93.7M |
| EBITDA Margin % | 18.32% | 15.81% | 21.25% | 21.19% | 19.3% | 18.06% | 20.84% | 22.25% | 20.54% | 17% | 7.28% | 15.99% |
| EBITDA Growth % | 34.29% | -5.15% | 3.72% | -2.79% | -2.96% | 15.59% | 208.26% | 45.46% | 11.94% | -4.13% | -63.36% | -28.53% |
| D&A (Non-Cash Add-back) | 42.5M | 37.2M | 38.6M | 38.2M | 37.2M | 37.8M | 39.4M | 40.1M | 40.3M | 42M | 44.5M | 41.1M |
| EBIT | 111.4M | 69.7M | 36.4M | 76.2M | 130.1M | 80.7M | 91.4M | 88.5M | 77.8M | 66.9M | -3.1M | 52.6M |
| Net Interest Income | -21.5M | -12.9M | -13.3M | -12.9M | -14.3M | -13.9M | -14.2M | -14.3M | -13.9M | -12.3M | -13.3M | -12M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 21.5M | 12.9M | 13.3M | 12.9M | 14.3M | 13.9M | 14.2M | 14.3M | 13.9M | 12.3M | 13.3M | 12M |
| Other Income/Expense | -28.7M | -120.1M | -77.7M | -31M | 2.8M | -8.1M | -17.8M | -22M | -8.3M | -17.9M | -15.5M | -4.6M |
| Pretax Income | 82.7M | -50.4M | 23.1M | 63.3M | 80.2M | 66.8M | 77.2M | 74.2M | 69.5M | 37.6M | -16.4M | 48M |
| Pretax Margin % | 9.85% | -7.45% | 3.52% | 10.12% | 13.51% | 10.7% | 11.97% | 12.11% | 12.09% | 6.56% | -2.74% | 8.19% |
| Income Tax | 26.7M | -56.4M | -16.2M | 15.8M | -17.8M | 12M | 36.8M | -17.5M | 13.5M | -40.4M | 15.3M | 21.2M |
| Effective Tax Rate % | 32.29% | 111.9% | -70.13% | 24.96% | -22.19% | 17.96% | 47.67% | -23.58% | 19.42% | -107.45% | -93.29% | 44.17% |
| Net Income | 55.9M | 6.1M | 39.3M | 47.4M | 98M | 54.7M | 40.3M | 93.2M | 56M | 77.1M | -31.8M | 29.9M |
| Net Margin % | 6.65% | 0.9% | 5.99% | 7.58% | 16.51% | 8.76% | 6.25% | 15.21% | 9.74% | 13.45% | -5.31% | 5.1% |
| Net Income Growth % | -42.96% | -88.85% | -2.48% | -49.14% | 75% | -29.05% | 226.73% | 211.71% | 30.54% | 507.09% | -159.77% | -54.14% |
| Net Income (Continuing) | 56M | 6M | 39.3M | 47.5M | 98M | 54.8M | 40.4M | 91.7M | 56M | 78M | -31.7M | 26.8M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | -800K | 0 | 1000K |
| Minority Interest | 14.8M | 14.9M | 15M | 15.1M | 15.2M | 15.4M | 15.4M | 15.6M | 15.6M | 15.8M | 16M | 16.2M |
| EPS (Diluted) | 0.23 | 0.03 | 0.16 | 0.20 | 0.40 | 0.23 | 0.17 | 0.38 | 0.23 | 0.32 | -0.13 | 0.11 |
| EPS Growth % | -42.5% | -89.04% | -5.88% | -47.37% | 73.91% | -28.13% | 230.77% | 245.45% | 27.78% | 609.53% | -159.09% | -57.69% |
| EPS (Basic) | 0.23 | 0.03 | 0.16 | 0.20 | 0.40 | 0.23 | 0.17 | 0.39 | 0.23 | 0.32 | -0.13 | 0.12 |
| Diluted Shares Outstanding | 243.7M | 242.4M | 242M | 242.6M | 243M | 242.6M | 242.6M | 242.5M | 242.5M | 241.9M | 241.5M | 241.7M |
| Basic Shares Outstanding | 243.2M | 242.1M | 241.6M | 242.2M | 242.4M | 242.1M | 242.1M | 242.1M | 241.8M | 241.5M | 241.5M | 241.4M |
| Dividend Payout Ratio | - | 318.03% | 49.11% | 40.72% | 20.2% | 35.47% | 48.14% | 20.82% | 35.71% | 25.03% | - | 64.55% |