Element Solutions Financial Statements
NYSE: ESIIndustrialsMajor ChemicalsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Element Solutions revenue and earnings
In fiscal 2025, Element Solutions generated $2.55 billion in revenue, up 3.8% from fiscal 2024, its 2nd consecutive year of revenue growth. Net income was $190.8 million (-21.9% year over year), for a net margin of 7.5% versus a median of 7.3% in the prior 5 years. Gross margin was 42.0% (down from 42.2%) and operating margin 13.4%.
Diluted earnings per share came in at $0.79, down from $1.01. Over the last 5 fiscal years, ESI's revenue has grown at a 6.6% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Element Solutions income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.55B | 2.46B | 2.33B | 2.55B | 2.40B | 1.85B | 1.84B | 1.96B | 1.88B | 1.77B |
| Revenue growth (YoY) | +3.84% | +5.30% | -8.48% | +6.23% | +29.46% | +0.97% | -6.38% | +4.39% | +6.13% | -30.37% |
| 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 |
| Operating Expenses | 728.30M | 691.80M | 744.90M | 627.40M | 660.90M | 553.30M | 539.20M | 589.10M | 613.60M | 687.90M |
| Research & Development | 67.60M | 63.00M | 68.10M | 48.80M | 49.70M | 48.60M | 42.20M | 44.30M | 46.40M | 45.00M |
| Selling, General & 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 |
| Other Income (Expense) | -76.60M | -56.20M | -44.50M | -53.30M | -48.20M | -151.60M | -108.20M | -301.70M | -460.60M | -321.20M |
| Pretax 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 | 203.70M | 75.70M | 92.90M | -324.40M | -296.20M | -73.70M |
| Net Income growth (YoY) | -21.87% | +106.77% | -36.91% | -8.10% | +169.09% | -18.51% | — | — | — | — |
| 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 |
| Shares Outstanding (Basic) | 242.00M | 242.10M | 241.40M | 245.10M | 247.40M | 248.80M | 257.60M | 288.20M | 286.10M | 243.30M |
| Shares Outstanding (Diluted) | 242.40M | 242.60M | 241.80M | 245.80M | 247.90M | 249.90M | 260.10M | 288.20M | 286.10M | 272.30M |
| EBITDA | 493.40M | 501.50M | 340.30M | 486.60M | 463.80M | 394.10M | 403.80M | 405.20M | 356.20M | 245.10M |
| Gross Margin | 41.96% | 42.15% | 39.37% | 37.37% | 40.04% | 42.40% | 42.94% | 42.71% | 43.32% | 43.91% |
| Operating Margin | 13.41% | 14.00% | 7.44% | 12.76% | 12.50% | 12.55% | 13.57% | 12.67% | 10.66% | 5.05% |
| Net Margin | 7.48% | 9.94% | 5.06% | 7.34% | 8.49% | 4.08% | 5.06% | -16.54% | -15.77% | -4.16% |
This table shows 10 annual periods of Element Solutions's income statement, from FY 2025 back to FY 2016, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow ESI's reporting calendar. What is a income statement?