Financials · ESI

Element Solutions Inc. (ESI) financials

For the twelve months ended Sep 30, 2026, Element Solutions Inc. reported $3.49B of revenue and $205.00M of net income.

Revenue, TTM
$3.49B
Revenue growth, YoY
+39.6%
Net income, TTM
$205.00M
Net income growth, YoY
-14.4%
Net margin
5.9%
Free cash flow, TTM
$182.90M
EPS, diluted, TTM
$0.85
EPS growth, YoY
-13.3%
Cash
$224.90M
Total debt
$2.05B
P/E
39.00
P/S
2.29
Market cap
$7.99B
Annual revenue$2.55B
FY2016FY2025
Annual net income$190.80M
FY2016FY2025
Annual free cash flow$227.60M
FY2016FY2025

ESI revenue and earnings growth

ESI revenueQ3 2026$995.30M

Quarter YoY
+51.7%
QoQ
+1.8%
FY YoY
+3.8%
5Y CAGR
+6.6%
10Y CAGR
+0.0%

ESI revenue was $995.30M in fiscal Q3 2026 (ended Sep 30, 2026), up 51.7% from a year earlier and up 1.8% from the prior quarter. For the full fiscal 2025 it was $2.55B, up 3.8% from fiscal 2024. Compound annual growth was +6.6% over 5 years and +0.0% over 10 years. It rose in 7 of the last 10 fiscal years. Fiscal 2025 is the highest of the 13 fiscal years on file.

ESI net incomeQ3 2026$65.70M

Quarter YoY
+67.2%
QoQ
-15.0%
FY YoY
-21.9%
5Y CAGR
+20.3%

ESI net income was $65.70M in fiscal Q3 2026 (ended Sep 30, 2026), up 67.2% from a year earlier and down 15.0% from the prior quarter. For the full fiscal 2025 it was $190.80M, down 21.9% from fiscal 2024. Compound annual growth was +20.3% over 5 years. It rose in 2 of the last 6 fiscal years.

ESI EPSQ3 2026$0.27

Quarter YoY
+68.8%
QoQ
-15.6%
FY YoY
-21.8%
5Y CAGR
+21.4%

ESI diluted EPS was $0.27 in fiscal Q3 2026 (ended Sep 30, 2026), up 68.8% from a year earlier and down 15.6% from the prior quarter. For the full fiscal 2025 it was $0.79, down 21.8% from fiscal 2024. Compound annual growth was +21.4% over 5 years.

ESI free cash flowQ3 2026$128.80M

Quarter YoY
+54.1%
QoQ
+79.6%
FY YoY
-22.5%
5Y CAGR
-1.6%
10Y CAGR
-1.8%

ESI free cash flow was $128.80M in fiscal Q3 2026 (ended Sep 30, 2026), up 54.1% from a year earlier and up 79.6% from the prior quarter. For the full fiscal 2025 it was $227.60M, down 22.5% from fiscal 2024. Compound annual growth was -1.6% over 5 years and -1.8% over 10 years. It rose in 4 of the last 6 fiscal years.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$2.55B$2.46B$2.33B$2.55B$2.40B$1.85B$1.84B$1.96B$1.88B$1.77B
Cost of revenue$1.48B$1.42B$1.41B$1.60B$1.44B$1.07B$1.05B$1.12B$1.06B$992.80M
Gross profit$1.07B$1.04B$918.50M$952.70M$960.80M$786.00M$788.30M$837.60M$813.80M$777.30M
Research and development$67.60M$63.00M$68.10M$48.80M$49.70M$48.60M$42.20M$44.30M$46.40M$45.00M
Selling, general and admin$660.70M$628.80M$596.80M$578.60M$611.20M$504.70M$497.00M$544.80M$567.20M$596.30M
Operating income$342.20M$343.90M$173.60M$325.30M$299.90M$232.70M$249.10M$248.50M$200.20M$89.40M
Pre-tax income$265.60M$287.70M$129.10M$272.00M$251.70M$81.10M$140.90M-$53.20M-$260.40M-$231.80M
Income tax$74.60M$44.80M$13.00M$85.80M$48.30M$4.30M$61.30M$23.80M-$68.60M-$41.30M
Net income$190.80M$244.20M$118.10M$187.20M$203.30M$75.70M$92.20M-$324.40M-$296.20M-$73.70M
EPS, basic$0.79$1.01$0.49$0.76$0.82$0.30$0.36-$1.13-$1.04-$0.17
EPS, diluted$0.79$1.01$0.49$0.76$0.82$0.30$0.35-$1.13-$1.04-$0.65
Diluted shares242.4M242.6M241.8M245.8M247.9M249.9M260.1M288.2M286.1M272.3M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$626.50M$359.40M$289.30M$265.60M$330.10M$291.90M$190.10M$233.60M$258.40M$423.50M
Receivables$517.70M$439.60M$461.80M$455.80M$492.20M$403.40M$363.90M$382.40M$399.80M$1.05B
Inventory$294.70M$246.20M$298.90M$290.70M$274.40M$203.10M$199.60M$188.10M$186.40M$416.40M
Current assets$1.58B$1.27B$1.20B$1.19B$1.21B$989.90M$833.40M$2.48B$2.34B$2.07B
Goodwill$2.24B$2.13B$2.34B$2.41B$2.53B$2.25B$2.18B$2.18B$2.25B$2.13B
Total assets$5.10B$4.87B$4.97B$4.90B$5.14B$4.48B$4.32B$9.40B$10.25B$10.05B
Current liabilities$429.90M$379.70M$369.40M$344.40M$415.20M$314.30M$293.80M$1.14B$1.09B$1.08B
Short-term debt--------$10.10M$116.10M
Long-term debt$1.63B$1.81B$1.92B$1.88B$1.89B$1.51B$1.51B$5.35B$5.44B$5.12B
Total debt$1.63B$1.81B$1.92B$1.88B$1.89B$1.51B$1.51B$5.35B$5.45B$5.24B
Total liabilities$2.41B$2.48B$2.63B$2.55B$2.64B$2.17B$2.11B$7.22B$7.39B$7.16B
Shareholders' equity$2.67B$2.40B$2.34B$2.35B$2.50B$2.32B$2.22B$2.18B$2.86B$2.89B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$289.80M$362.00M$333.60M$295.90M$326.00M$276.00M$170.90M-$800.0K-$34.30M-$38.00M
Capital expenditures$62.20M$68.40M$52.70M$47.80M$46.30M$28.80M$29.70M$28.40M$30.80M$32.60M
Free cash flow$227.60M$293.60M$280.90M$248.10M$279.70M$247.20M$141.20M-$29.20M-$65.10M-$70.60M
Investing cash flow$286.10M-$73.80M-$250.20M-$75.20M-$568.90M-$39.90M$4.20B-$23.80M-$18.90M-$26.10M
Financing cash flow-$320.40M-$206.60M-$58.70M-$275.60M$290.00M-$123.60M-$4.44B-$1.40M-$1.70M-$130.50M
Dividends paid$77.80M$78.20M$77.40M$78.40M$61.90M$12.40M$0$0--
Share repurchases$25.00M$0$0$151.00M$19.60M$55.70M$507.10M$0$0-
Stock-based compensation$59.10M$14.80M$9.40M$17.70M$40.10M$6.00M$11.80M$15.40M--
Depreciation and amortization$151.20M$157.60M$166.70M$161.30M$163.90M$161.40M$154.70M$156.70M$156.00M$155.70M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY3.8%5.3%-8.5%6.2%29.5%1.0%-6.4%4.4%6.1%-30.4%
Net income growth, YoY-21.9%106.8%-36.9%-7.9%168.6%-17.9%----
EPS growth, YoY-21.8%106.1%-35.5%-7.3%173.3%-14.3%----
Gross margin42.0%42.2%39.4%37.4%40.0%42.4%42.9%42.7%43.3%43.9%
Operating margin13.4%14.0%7.4%12.8%12.5%12.6%13.6%12.7%10.7%5.1%
Net margin7.5%9.9%5.1%7.3%8.5%4.1%5.0%-16.5%-15.8%-4.2%
Free cash flow margin8.9%12.0%12.0%9.7%11.7%13.3%7.7%-1.5%-3.5%-4.0%
Return on equity7.1%10.2%5.0%8.0%8.1%3.3%4.2%-14.9%-10.4%-2.6%
Return on assets3.7%5.0%2.4%3.8%4.0%1.7%2.1%-3.5%-2.9%-0.7%
Current ratio3.683.343.243.452.933.152.842.172.141.91
Debt to equity0.610.760.820.800.760.650.682.451.901.81

Source: XBRL data Element Solutions Inc. files with the SEC, latest filing dated Oct 22, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

ESI peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
ESI$3.49B+39.6%$205.00M5.9%$7.99B
LIN$36.24B+8.2%$7.01B19.3%$238.88B
APD$12.60B+4.5%-$47.30M-0.4%$69.27B
DOW$42.61B+4.2%-$897.00M-2.1%$22.41B
IFF$11.69B+24.3%$182.00M1.6%$21.14B
DD$7.06B+3.2%$301.00M4.3%$20.56B
LYB$31.96B+3.5%$1.30B4.1%$19.23B
ALB$6.15B+24.4%$681.63M11.1%$11.70B
SOLS$4.17B+9.4%$325.00M7.8%$10.01B

ESI FAQ

9 questions
  • What is ESI revenue?
    Element Solutions Inc. (ESI) reported $3.49B of revenue for the twelve months ended Sep 30, 2026. That is up 39.6% from the year before. Revenue for fiscal 2025 was $2.55B.
  • Is ESI profitable?
    Yes. Element Solutions Inc. earned $205.00M in net income for the twelve months ended Sep 30, 2026, a net margin of 5.9%.
  • How much cash and debt does ESI have?
    Element Solutions Inc. reported $224.90M in cash and cash equivalents and $2.05B of debt on its most recent balance sheet in SEC filings.
  • How fast is ESI revenue growing?
    Element Solutions Inc.'s revenue changed +3.8% in fiscal 2025, to $2.55B. Its compound annual growth rate was +6.6% over 5 years and +0.0% over 10 years.
  • What is ESI gross margin?
    Element Solutions Inc.'s gross profit was $1.28B on $3.49B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 36.6%.
  • What is ESI free cash flow?
    Element Solutions Inc. generated $182.90M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $283.30M less capital expenditures.
  • What is ESI earnings per share?
    Diluted earnings per share were $0.85 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did ESI last report financial results?
    The latest statements here come from Element Solutions Inc.'s 10-Q filed on Oct 22, 2026, covering the period ended Sep 30, 2026.
  • Where does this ESI financial data come from?
    Quantisnow builds these statements from the structured XBRL data Element Solutions Inc. files with the SEC. It is provided for information only and is not investment advice.