Element Solutions Inc - Understand $esi stock

$ESI Market Cap: $6.735 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$2.406B

TTM

Gross Margin

41.53%

TTM

Net Earnings

$266.6M

TTM

Current Assets

$1.351B

Q3 2024

Current Liabilities

$384.0M

Q3 2024

Current Ratio

351.88%

Q3 2024

Total Assets

$5.098B

Q3 2024

Total Liabilities

$2.644B

Q3 2024

Book Value

$2.455B

Q3 2024

Cash

$376.0M

Q3 2024

P/E

25.26

Nov 29, 2024 EST

Free Cash Flow

$273.5M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$2.333B	$2.549B	$2.400B	$1.854B	$1.836B	$1.961B	$3.776B	$3.586B	$2.542B	$843.2M	$118.2M	$731.2M	$728.8M
YoY Change	-8.48%	6.23%	29.46%	0.97%	-6.38%	-48.07%	5.3%	41.05%	201.51%	613.37%	-83.83%	0.33%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$2.333B	$2.549B	$2.400B	$1.854B	$1.836B	$1.961B	$3.776B	$3.586B	$2.542B	$843.2M	$118.2M	$731.2M	$728.8M
Cost Of Revenue	$1.415B	$1.597B	$1.439B	$1.068B	$1.048B	$1.123B	$1.065B	$992.8M	$1.550B	$446.6M	$82.60M	$376.2M	$388.3M
Gross Profit	$918.5M	$952.7M	$960.8M	$786.0M	$788.3M	$837.6M	$813.8M	$777.3M	$991.9M	$396.6M	$35.70M	$355.1M	$340.5M
Gross Profit Margin	39.37%	37.37%	40.04%	42.4%	42.94%	42.71%	21.55%	21.68%	39.02%	47.04%	30.2%	48.56%	46.72%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Selling, General & Admin	$596.8M	$578.6M	$611.2M	$504.7M	$497.0M	$544.8M	$567.2M	$596.3M	$857.5M	$360.9M	$54.50M	$214.6M	$260.7M
YoY Change	3.15%	-5.33%	21.1%	1.55%	-8.77%	-3.95%	-4.88%	-30.46%	137.6%	562.2%	-74.6%	-17.68%
% of Gross Profit	64.98%	60.73%	63.61%	64.21%	63.05%	65.04%	69.7%	76.71%	86.45%	91.0%	152.66%	60.43%	76.56%
Research & Development	$68.10M	$48.80M	$49.70M	$48.60M	$42.20M	$44.30M	$46.40M	$45.00M	$62.80M	$26.20M	$4.000M	$25.10M	$23.00M
YoY Change	39.55%	-1.81%	2.26%	15.17%	-4.74%	-4.53%	3.11%	-28.34%	139.69%	555.0%	-84.06%	9.13%
% of Gross Profit	7.41%	5.12%	5.17%	6.18%	5.35%	5.29%	5.7%	5.79%	6.33%	6.61%	11.2%	7.07%	6.75%
Depreciation & Amortization	$166.7M	$161.3M	$163.9M	$161.4M	$154.7M	$156.7M	$156.0M	$155.7M	$251.0M	$88.00M	$12.80M	$42.20M	$46.70M
YoY Change	3.35%	-1.59%	1.55%	4.33%	-1.28%	0.45%	0.19%	-37.97%	185.23%	587.5%	-69.67%	-9.64%
% of Gross Profit	18.15%	16.93%	17.06%	20.53%	19.62%	18.71%	19.17%	20.03%	25.3%	22.19%	35.85%	11.88%	13.72%
Operating Expenses	$744.9M	$627.4M	$660.9M	$553.3M	$539.2M	$589.1M	$613.6M	$687.9M	$920.3M	$387.1M	$230.5M	$239.6M	$283.7M
YoY Change	18.73%	-5.07%	19.45%	2.61%	-8.47%	-3.99%	-10.8%	-25.25%	137.74%	67.94%	-3.8%	-15.54%
Operating Profit	$173.6M	$325.3M	$299.9M	$232.7M	$249.1M	$248.5M	$200.2M	$89.40M	$71.60M	$9.500M	-$194.8M	$162.2M	$56.80M
YoY Change	-46.63%	8.47%	28.88%	-6.58%	0.24%	24.13%	123.94%	24.86%	653.68%	-104.88%	-220.1%	185.56%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Interest Expense	-$49.30M	-$51.20M	-$54.20M	-$63.40M	-$90.70M	-$311.0M	-$336.9M	-$372.3M	-$213.9M	-$37.90M	-$6.000M	-$50.20M	-$54.30M
YoY Change	-3.71%	-5.54%	-14.51%	-30.1%	-70.84%	-7.69%	-9.51%	74.05%	464.38%	531.67%	-88.05%	-7.55%
% of Operating Profit	-28.4%	-15.74%	-18.07%	-27.25%	-36.41%	-125.15%	-168.28%	-416.44%	-298.74%	-398.95%		-30.95%	-95.6%
Other Income/Expense, Net	-$44.50M	-$53.30M	-$48.20M	-$151.6M	-$108.2M	-$301.7M	-$460.6M	-$321.2M	-$300.9M	-$40.40M	$200.0K	$300.0K	$500.0K
YoY Change	-16.51%	10.58%	-68.21%	40.11%	-64.14%	-34.5%	43.4%	6.75%	644.8%	-20300.0%	-33.33%	-40.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Pretax Income	$129.1M	$272.0M	$251.7M	$81.10M	$140.9M	-$53.20M	-$260.4M	-$231.8M	-$229.3M	-$30.90M	-$201.4M	$70.90M	$11.30M
YoY Change	-52.54%	8.07%	210.36%	-42.44%	-364.85%	-79.57%	12.34%	1.09%	642.07%	-84.66%	-384.06%	527.43%
Income Tax	$13.00M	$85.80M	$48.30M	$4.300M	$61.30M	$23.80M	-$68.60M	-$41.30M	$75.10M	-$6.700M	-$5.800M	$24.70M	$10.00M
% Of Pretax Income	10.07%	31.54%	19.19%	5.3%	43.51%							34.84%	88.5%
Net Earnings	$118.2M	$188.0M	$203.7M	$75.70M	$92.90M	-$324.4M	-$296.2M	-$73.70M	-$308.6M	-$29.90M	-$194.2M	$46.30M	$1.000M
YoY Change	-37.13%	-7.71%	169.09%	-18.51%	-128.64%	9.52%	301.9%	-76.12%	932.11%	-84.6%	-519.44%	4530.0%
Net Earnings / Revenue	5.07%	7.37%	8.49%	4.08%	5.06%	-16.54%	-7.84%	-2.06%	-12.14%	-3.55%	-164.3%	6.33%	0.14%
Basic Earnings Per Share	$0.49	$0.76	$0.82	$0.30	$0.36	-$1.13	-$1.04	-$0.17	-$1.52	-$1.94	-$2.10
Diluted Earnings Per Share	$0.49	$0.76	$0.82	$0.30	$0.35	-$1.13	-$1.04	-$0.65	-$1.52	-$1.94	-$2.10	$444.0K	$9.653K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Cash & Short-Term Investments	$289.3M	$265.6M	$330.1M	$292.0M	$190.0M	$234.0M	$258.0M	$423.0M	$432.0M	$397.0M	$123.0M	$143.0M	$113.0M
YoY Change	8.92%	-19.54%	13.05%	53.68%	-18.8%	-9.3%	-39.01%	-2.08%	8.82%	222.76%	-13.99%	26.55%
Cash & Equivalents	$289.3M	$265.6M	$330.1M	$292.0M	$190.0M	$234.0M	$258.0M	$423.0M	$432.0M	$397.0M	$123.0M	$143.0M	$113.0M
Short-Term Investments
Other Short-Term Assets	$147.5M	$176.6M	$117.8M	$92.00M	$80.00M	$1.678B	$1.496B	$177.0M	$173.0M	$647.0M	$30.00M	$16.00M	$18.00M
YoY Change	-16.48%	49.92%	28.04%	15.0%	-95.23%	12.17%	745.2%	2.31%	-73.26%	2056.67%	87.5%	-11.11%
Inventory	$298.9M	$290.7M	$274.4M	$203.0M	$200.0M	$188.0M	$186.0M	$416.0M	$485.0M	$206.0M	$90.00M	$76.00M	$75.00M
Prepaid Expenses
Receivables	$461.8M	$455.8M	$492.2M	$403.0M	$364.0M	$382.0M	$400.0M	$1.055B	$1.148B	$327.0M	$141.0M	$139.0M	$135.0M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$1.198B	$1.189B	$1.215B	$990.0M	$833.0M	$2.482B	$2.341B	$2.071B	$2.238B	$1.577B	$383.0M	$375.0M	$341.0M
YoY Change	0.74%	-2.12%	22.68%	18.85%	-66.44%	6.02%	13.04%	-7.46%	41.92%	311.75%	2.13%	9.97%
Property, Plant & Equipment	$296.9M	$362.3M	$338.3M	$296.0M	$265.0M	$267.0M	$287.0M	$461.0M	$492.0M	$179.0M	$136.0M	$100.0M	$97.00M
YoY Change	-18.05%	7.09%	14.29%	11.7%	-0.75%	-6.97%	-37.74%	-6.3%	174.86%	31.62%	36.0%	3.09%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$263.7M	$134.4M	$102.6M	$89.00M	$102.0M	$3.445B	$4.211B	$110.0M	$125.0M	$45.00M	$30.00M	$31.00M	$34.00M
YoY Change	96.21%	30.99%	15.28%	-12.75%	-97.04%	-18.19%	3728.18%	-12.0%	177.78%	50.0%	-3.23%	-8.82%
Total Long-Term Assets	$3.777B	$3.715B	$3.924B	$3.493B	$3.491B	$6.920B	$7.911B	$7.983B	$7.952B	$2.970B	$1.877B	$859.0M	$880.0M
YoY Change	1.66%	-5.32%	12.34%	0.06%	-49.55%	-12.53%	-0.9%	0.39%	167.74%	58.23%	118.51%	-2.39%
Total Assets	$4.974B	$4.904B	$5.138B	$4.483B	$4.324B	$9.402B	$10.25B	$10.05B	$10.19B	$4.547B	$2.260B	$1.234B	$1.221B
YoY Change
Accounts Payable	$140.6M	$132.2M	$138.4M	$96.00M	$97.00M	$101.0M	$111.0M	$384.0M	$450.0M	$107.0M	$56.00M	$53.00M	$49.00M
YoY Change	6.35%	-4.48%	44.17%	-1.03%	-3.96%	-9.01%	-71.09%	-14.67%	320.56%	91.07%	5.66%	8.16%
Accrued Expenses	$217.3M	$195.2M	$246.5M	$184.0M	$147.0M	$188.0M	$201.0M	$480.0M	$491.0M	$104.0M	$49.00M	$43.00M	$31.00M
YoY Change	11.32%	-20.81%	33.97%	25.17%	-21.81%	-6.47%	-58.13%	-2.24%	372.12%	112.24%	13.95%	38.71%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$11.50M	$11.50M	$12.70M	$7.000M	$8.000M	$25.00M	$10.00M	$116.0M	$55.00M	$13.00M	$8.000M	$27.00M	$26.00M
YoY Change	0.0%	-9.45%	81.43%	-12.5%	-68.0%	150.0%	-91.38%	110.91%	323.08%	62.5%	-70.37%	3.85%
Total Short-Term Liabilities	$369.4M	$344.4M	$415.2M	$314.0M	$294.0M	$1.143B	$1.092B	$1.083B	$1.062B	$241.0M	$120.0M	$128.0M	$127.0M
YoY Change	7.26%	-17.05%	32.23%	6.8%	-74.28%	4.67%	0.83%	1.98%	340.66%	100.83%	-6.25%	0.79%
Long-Term Debt	$1.921B	$1.884B	$1.894B	$1.508B	$1.513B	$5.351B	$5.437B	$5.123B	$5.174B	$1.392B	$744.0M	$694.0M	$718.0M
YoY Change	1.97%	-0.55%	25.61%	-0.33%	-71.72%	-1.58%	6.13%	-0.99%	271.7%	87.1%	7.2%	-3.34%
Other Long-Term Liabilities	$230.5M	$205.2M	$188.2M	$230.0M	$179.0M	$594.0M	$694.0M	$296.0M	$356.0M	$159.0M	$111.0M	$90.00M	$72.00M
YoY Change	12.33%	9.03%	-18.17%	28.49%	-69.87%	-14.41%	134.46%	-16.85%	123.9%	43.24%	23.33%	25.0%
Total Long-Term Liabilities	$2.152B	$2.089B	$2.082B	$1.738B	$1.692B	$5.945B	$6.131B	$5.419B	$5.530B	$1.551B	$855.0M	$784.0M	$790.0M
YoY Change	2.99%	0.32%	19.82%	2.72%	-71.54%	-3.03%	13.14%	-2.01%	256.54%	81.4%	9.06%	-0.76%
Total Liabilities	$2.646B	$2.571B	$2.658B	$2.164B	$2.104B	$7.292B	$7.509B	$7.318B	$7.440B	$2.088B	$1.241B	$961.0M	$979.0M
YoY Change	2.89%	-3.25%	22.81%	2.85%	-71.15%	-2.89%	2.61%	-1.64%	256.32%	68.25%	29.14%	-1.84%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Basic Shares Outstanding	241.4M shares	245.1M shares	247.4M shares	248.8M shares	257.6M shares	288.2M shares	286.1M shares	243.3M shares	203.2M shares	135.3M shares	92.60M shares
Diluted Shares Outstanding	241.8M shares	245.8M shares	247.9M shares	249.9M shares	260.1M shares	288.2M shares	286.1M shares	272.3M shares	203.2M shares	135.3M shares	92.60M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $6.7345 Billion

About Element Solutions Inc

Element Solutions, Inc. is a specialty chemicals company. The company is headquartered in Fort Lauderdale, Florida and currently employs 5,300 full-time employees. The company went IPO on 2013-05-21. The Company’s segments include Electronics and Industrial & Specialty. The Electronics segment research, formulates and sells specialty chemicals and process technologies for all types of electronics hardware, from complex printed circuit board designs to advanced semiconductor packaging. The Industrial & Specialty segment research, formulates and sells specialty chemicals and process technologies that enhance surfaces or improve industrial processes in diverse industrial sectors from automotive trim to transcontinental infrastructure and from high-speed printing to high-design faucets. Its solutions enable customers manufacturing processes in several key industries, including consumer electronics, power electronics, semiconductor fabrication, communications and data storage infrastructure, automotive systems, industrial surface finishing, and others.

Industry: Miscellaneous Chemical Products Peers: ASHLAND INC. AVIENT CORP Axalta Coating Systems Ltd. BALCHEM CORP Diversey Holdings, Ltd. EASTMAN CHEMICAL CO Livent Corp. FULLER H B CO Ginkgo Bioworks Holdings, Inc. SHERWIN WILLIAMS CO