Element Solutions Inc is an American specialty chemicals production corporation listed on the New York Stock Exchange.3 It was founded by Martin E. Franklin.1 It employed 2,000 people.1 Its shares trade on NYSE under the symbol ESI.1Wikipedia text CC BY-SA 4.0
Revenue101112139$2.6B in 2025+39% since 2019Gross profit101112139$1.1B in 2025+36% since 2019Operating income101112139$342.2M in 2025+37% since 2019Net income101112139$190.8M in 2025+105% since 2019
Revenue1415$840.0M in Q1 FY2026+28% since Q3 FY2025Gross profit1415$322.7M in Q1 FY2026+16% since Q3 FY2025Operating income1415$111.4M in Q1 FY2026+11% since Q3 FY2025Net income1415$55.9M in Q1 FY2026+42% since Q3 FY2025
Every line of the income statement as filed: the last 3 fiscal years, latest first.9
Period ending
2025-12-31
2024-12-31
2023-12-31
Net sales
$2.6B
$2.5B
$2.3B
Cost of sales
$1.5B
$1.4B
$1.4B
Gross profit
$1.1B
$1.0B
$918.5M
Selling, technical, general and administrative
$660.7M
$628.8M
$596.8M
Research and development
$67.6M
$63.0M
$68.1M
Goodwill impairment
$0
$0
$80.0M
Total operating expenses
$728.3M
$691.8M
$744.9M
Operating profit
$342.2M
$343.9M
$173.6M
Interest expense, net
-$53.4M
-$56.3M
-$49.3M
Foreign exchange (losses) gains
-$35.3M
$25.1M
$7.9M
Other expense, net
-$46.9M
-$25.0M
-$3.1M
Gain on divestitures
$59.0M
$0
$0
Total other expense
-$76.6M
-$56.2M
-$44.5M
Income before income taxes and non-controlling interests
$265.6M
$287.7M
$129.1M
Income tax expense
-$74.6M
-$44.8M
-$13.0M
Net income from continuing operations
$191.0M
$242.9M
$116.1M
Income from discontinued operations, net of tax
$0
$1.6M
$2.1M
Net income
$191.0M
$244.5M
$118.2M
Net income attributable to the non-controlling interests
-$200.0K
-$300.0K
-$100.0K
Net income attributable to common stockholders
$190.8M
$244.2M
$118.1M
Basic from continuing operations (in dollars per share)
$1
$1
$0
Basic from discontinued operations (in dollars per share)
$0
$0
$0
Basic attributable to common stockholders (in dollars per share)
$0.79
$1.01
$0.49
Diluted from continuing operations (in dollars per share)
$1
$1
$0
Diluted from discontinued operations (in dollars per share)
$0
$0
$0
Diluted attributable to common stockholders (in dollars per share)
$0.79
$1.01
$0.49
Basic (in shares)
242.0M shares
242.1M shares
241.4M shares
Diluted (in shares)
242.4M shares
242.6M shares
241.8M shares
No quarter-by-quarter statement was filed.
Total assets16101112139$5.1B in 2025+18% since 2019Total liabilities16101112139$2.4B in 2025+15% since 2019Shareholders’ equity16101112139$2.7B in 2025+20% since 2019Cash16101112139$626.5M in 2025+230% since 2019Long-term debt1716101112139$1.6B in 2025+6% since 2019
Total assets1415$5.7B in Q1 FY2026+14% since Q3 FY2025Total liabilities1415$3.0B in Q1 FY2026+26% since Q3 FY2025Shareholders’ equity1415$2.7B in Q1 FY2026+4% since Q3 FY2025Cash1415$177.3M in Q1 FY2026−70% since Q3 FY2025
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.9
Period ending
2025-12-31
2024-12-31
2023-12-31
2022-12-31
Cash and cash equivalents
$626.5M
$359.4M
Accounts receivable, net of allowance for doubtful accounts of $9.4 and $10.3 at December 31, 2025 and 2024, respectively
Cash from operations11$295.9M in 2022+7% since 2020Capital spending101112139$62.2M in 2025+109% since 2019Free cash flow11$248.1M in 2022+0% since 2020Dividends paid101112139$77.8M in 2025Share buybacks101112139$25.0M in 2025−95% since 2019
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.9
Period ending
2025-12-31
2024-12-31
2023-12-31
Net income
$191.0M
$244.5M
$118.2M
Income from discontinued operations, net of tax
$0
$1.6M
$2.1M
Net income from continuing operations
$191.0M
$242.9M
$116.1M
Depreciation and amortization
$151.2M
$157.6M
$166.7M
Deferred income taxes
-$12.6M
-$39.2M
-$69.9M
Foreign exchange losses (gains)
$29.4M
-$24.4M
-$10.6M
Incentive stock compensation
$59.1M
$14.8M
$9.4M
Net gain on divestitures
-$59.0M
$0
$0
Goodwill impairment
$0
$0
$80.0M
Other, net
$9.2M
$22.9M
$42.2M
Accounts receivable
-$57.6M
-$29.9M
-$6.8M
Inventories
-$39.1M
$7.8M
-$9.5M
Accounts payable
$27.4M
-$1.0M
$300.0K
Accrued expenses
-$300.0K
$33.0M
$9.9M
Prepaid expenses and other current assets
-$21.6M
-$4.2M
$1.9M
Other assets and liabilities
$12.7M
-$18.3M
$3.9M
Net cash flows provided by operating activities
$289.8M
$362.0M
$333.6M
Capital expenditures
-$62.2M
-$68.4M
-$52.7M
Proceeds from disposal of property, plant and equipment
$1.5M
$0
$1.4M
Proceeds from divestitures (net of cash of $2.4 million)
$321.2M
$0
$0
Acquisitions, net of cash acquired
$0
-$3.9M
-$214.8M
Other, net
$25.6M
-$1.5M
$15.9M
Net cash flows provided by (used in) investing activities
$286.1M
-$73.8M
-$250.2M
Debt proceeds, net of discount
$0
$1.0B
$1.3B
Repayments of borrowings
-$202.6M
-$1.2B
-$1.3B
Repurchases of common stock
-$25.0M
$0
$0
Dividends
-$77.8M
-$78.2M
-$77.4M
Payment of financing fees
$0
-$3.2M
-$6.3M
Other, net
-$15.0M
-$12.7M
-$8.0M
Net cash flows used in financing activities
-$320.4M
-$206.6M
-$58.7M
Net cash flows provided by operating activities of discontinued operations
$0
$1.6M
$2.2M
Effect of exchange rate changes on cash and cash equivalents
Element Solutions sits at the top of its group. 130 entities, 28 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Element Solutions
InvescoFiled SCHEDULE 13G on Element Solutions, latest Aug 13, 2026
Alpha Metals Mexico, S.A. de C.V. Subsidiary · Mexico
Anion Química Industrial S.A. Subsidiary · Brazil
Aprochim S.r.l. Subsidiary · Italy
AR Mexican Holdings, Inc. Subsidiary · Delaware, United States
and 104 more
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Element Solutions reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
At December 31, 2025, our physical presence included 47 manufacturing facilities, of which 11 included research facilities, and 8 stand-alone research centers. Of our manufacturing facilities, 7 were located in the U.S. with the remaining international facilities located primarily in Asia and Europe. We owned 25 of our manufacturing facilities, of which 5 included research facilities, and 2 stand-alone research centers. In addition to the remaining manufacturing and research facilities, we leased the majority of our office, warehouse and other physical locations. Between our two segments, Electronics and Specialties exclusively utilize 21 and 13 of our manufacturing facilities, respectively, with the remaining 13 manufacturing facilities being shared between the two segments.
We believe that all of our significant facilities and equipment are in good condition, well-maintained, adequate for our present operations and utilized for their intended purposes. See Note 7, Property, Plant and Equipment, Net, to the Consolidated Financial Statements included in this 2025 Annual Report for amounts invested in land, buildings, machinery, and equipment, and Note 17, Leases, to the Consolidated Financial Statements included in this 2025 Annual Report for information about our operating lease commitments.
The corporation was founded in 2013 by Martin E. Franklin, with financial backing from Bill Ackman.
In July, 2018, United Phosphorus Limited announced the acquisition of Arysta Life Sciences, the Crop business of Platform Specialty Chemicals for a total sum of $4.2 billion, with the latter exiting the crop business entirely. In 2019, the company changed its name to Element Solutions Inc. from Platform Specialty Chemicals. It is now listed as ESI on the New York Stock Exchange.
In March 2025, Element Solutions was added to the S&P SmallCap 600 Index.
Element Solutions manufactures and supplies specialty chemicals for a broad range of solutions, including mobile phones, consumer electronics, communication infrastructure, automobile, industrial surface finishing, consumer packaging and offshore oil production and drilling.
Element Solutions operates in two segments: Electronics and Industrial & Specialty.
The Electronics segment researches, formulates and sells specialty chemicals and material process technologies for all types of electronics hardware, including complex printed circuit board designs and advanced semiconductor packaging. The Company’s wet chemistries for metallization, surface treatments and solderable finishes are leveraged in the electronics manufacturing process in mobile communications, computers, automobiles and aerospace equipment.
The Industrial & Specialty segment researches, formulates and sells specialty chemicals and material process technologies that enhance surfaces or improve industrial processes. The products include chemical systems that protect and decorate metal and plastic surfaces, and chemistries used in water-based hydraulic control fluids for offshore energy productions.
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The Company owns a number of subsidiaries, which go to market under different brands, including MacDermid Enthone, MacDermid Offshore Solutions, MacDermid Alpha Electronics Solutions, Compugraphics, Fernox, Electrolube and Kester.
Element Solutions has 63 manufacturing and R&D sites in 18 countries.
Oct 21, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.41 a share, on Oct 28, 2025.75
When it reported results
Jul 27, 2026Reported quarterly or annual results64
Apr 28, 2026Reported quarterly or annual results70
Feb 17, 2026Reported quarterly or annual results72
Oct 28, 2025Reported quarterly or annual results74
Jul 30, 2025Reported quarterly or annual results76
Apr 23, 2025Reported quarterly or annual results77
Feb 18, 2025Reported quarterly or annual results78
Oct 28, 2024Reported quarterly or annual results79
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
254 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 40 major events, 107 insider forms, 26 large holders, 61 other. The latest 20:
34 open-market trades by officers, directors and large owners since October 2021: 4 buys and 30 sales. Grants, option exercises and gifts are left out.
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
From the cover page of the 10-K filed Feb 18, 2026 (Section 12(b) of the Exchange Act).18
Risk factors and legal proceedings
The risks Element Solutions names in Item 1A of its 10-K filed Feb 18, 2026: 33 risks under these headings, as written.18
BUSINESS & OPERATIONAL RISKS
We may be unable to compete successfully in the competitive markets in which we operate and, as a result, we may experience pricing pressure, fewer customer orders, reduced margins and the loss of market share.
If we don't successfully execute our go-to-market strategy, our business and financial performance may suffer.
Our substantial international operations subject us to risks of doing business in foreign countries which could affect our business, financial condition or results of operations.
Failure to attract and retain key personnel, including our executive officers, or effectively manage succession could have an adverse impact on our business, financial condition or results of operations.
Our reliance on certain key customers, contract manufacturers, suppliers and distributors could adversely affect our overall sales and profitability.
We may not realize the anticipated benefits of acquisitions or divestitures which may adversely affect our existing businesses, reputation and financial condition.
INDUSTRY RISKS
Industry and consumer trends may cause significant fluctuations in our results of operations and have a material adverse effect on our financial condition.
Fluctuations in the supply and prices of raw materials and in other costs may negatively impact our business, financial condition or results of operations.
LEGAL & REGULATORY RISKS
Intellectual Property
The other 25 risks
If we are unable to protect our intellectual property rights, our business, financial condition or results of operations could be adversely affected.
Global Regulations
Changes in our effective tax rate, tax cost and tax liabilities could adversely affect our financial condition, results of operations and liquidity.
Chemical manufacturing is inherently hazardous and may result in accidents, which may disrupt our operations or expose us to significant losses or liabilities.
Our products and operations are subject to numerous and increasingly complex government regulations, and compliance with these regulations could require us to incur additional costs or to reformulate or discontinue certain of our products.
Our offshore oil industry products are subject to the hazards inherent in the offshore oil production and drilling industry, and we may incur substantial liabilities or losses as a result of these hazards.
Certain of our products may be subject to various export control regulations and exports may require a license from the U.S. Department of State or the U.S. Department of Commerce.
Failure to comply with anti-corruption laws could subject us to penalties and damage our reputation.
Failure to comply with international trade restrictions and economic sanctions laws and regulations could adversely affect our business, financial condition or results of operations.
Changes in data privacy and data protection laws and regulations, or any failure to comply with such laws and regulations, could adversely impact our business.
FINANCIAL RISKS
Our net sales and gross profit vary depending on our product, customer and geographic mix for any given period which makes it difficult to forecast future operating results.
Unfavorable currency exchange rate fluctuations could adversely affect our results of operations.
Our Credit Agreement and other debt agreements contain restrictions that limit our flexibility in operating our business.
We and our subsidiaries may incur significant additional indebtedness in the future, which would result in additional restrictions upon our business and impact our financial condition.
Any future impairment of our tangible or intangible long-lived assets may materially affect our results of operations.
GENERAL RISKS
If we experience a significant disruption in our information technology systems or if we fail to implement new systems and software successfully, our business operations and financial condition could be adversely affected.
Material cybersecurity-related events may materially disrupt our operations and harm our reputation and results of operations.
Corporate responsibility, specifically related to ESG matters, may impose additional costs and expose us to new risks.
We have numerous equity instruments outstanding that could require the future issuance of additional shares of common stock, which issuance could result in significant dilution of ownership interests and have an adverse effect on our stock price.
Volatility of our stock price could adversely affect us and our stockholders.
Future issuances or sales of our common stock or preferred stock may depress the price of our common stock.
There can be no assurance that we will continue to declare dividends.
If we fail to establish and maintain adequate internal controls over financial reporting, we may not be able to report our financial results in a timely and reliable manner, which could harm our business and adversely impact our stock price.
We are dependent on cash flows from our operating subsidiaries to fund our debt obligations, capital expenditures and ongoing operations.
Supply Chain and business disruptions, including those related to climate change, could have a material impact on our future sales and financial condition, and may not be covered by insurance.
We are governed by Delaware law, which has anti-takeover implications.
Legal proceedings
In the ordinary course of business, we are involved in various legal disputes, investigations, claims and other legal proceedings, including, but not limited to, product liability claims, contractual disputes, premises claims, tax examinations as well as employment, environmental and health and safety matters. Where appropriate, we may establish loss contingencies for such proceedings based on an assessment of whether the risk of loss is remote, reasonably possible or probable. We also maintain insurance to mitigate certain of such risks. Although we cannot predict with certainty the ultimate resolution of the various legal proceedings, investigations and/or claims asserted against us, we believe that the resolution of these matters will not, individually or in the aggregate, have a material adverse effect on our business, financial condition or results of operations. Due to their inherent uncertainty, however, there can be no assurance as to the ultimate outcome of current or future legal proceedings, investigations or claims and it is possible that a resolution of one or more such matters could result in fines and penalties that could adversely affect our business, financial condition or results of operations.
