See more : Minaurum Gold Inc. (MMRGF) Income Statement Analysis – Financial Results
Complete financial analysis of Element Solutions Inc (ESI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Element Solutions Inc, a leading company in the Chemicals – Specialty industry within the Basic Materials sector.
- Xingmin Intelligent Transportation Systems (Group) Co., Ltd. (002355.SZ) Income Statement Analysis – Financial Results
- E for L Aim Public Company Limited (EFORL.BK) Income Statement Analysis – Financial Results
- China Health Group Inc. (8225.HK) Income Statement Analysis – Financial Results
- Kavango Resources Plc (KAV.L) Income Statement Analysis – Financial Results
- Autosports Group Limited (ASG.AX) Income Statement Analysis – Financial Results
Element Solutions Inc (ESI)
About Element Solutions Inc
Element Solutions Inc operates as a specialty chemicals company in the United States, China, and internationally. The company operates in two segments, Electronics, and Industrial & Specialty. The Electronics segment researches, formulates, and sells specialty chemicals and materials for various types of electronics hardware products. This segment also supplies solder technologies, fluxes, cleaners, and other attachment materials for the electronics assembly industry; proprietary liquid chemical processes to manufacture printed circuit boards; and advanced copper interconnects, die attachment, wafer bump processes, and photomask technologies for integrated circuit fabrication and semiconductor packaging. It primarily serves mobile communications, computers, automobiles, and aerospace equipment industries. The Industrial & Specialty segment provides industrial solutions, which include chemical systems that protect and decorate metal and plastic surfaces; consumable chemicals that enable printing image transfer on flexible packaging materials; and chemistries used in water-based hydraulic control fluids for offshore energy production applications. It serves aerospace, automotive, construction, consumer electronics, consumer packaged goods, and oil and gas production end markets. The company was formerly known as Platform Specialty Products Corporation and changed its name to Element Solutions Inc in January 2019. Element Solutions Inc was founded in 1785 and is headquartered in Fort Lauderdale, Florida.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.33B | 2.55B | 2.40B | 1.85B | 1.84B | 1.96B | 3.78B | 3.59B | 2.54B | 843.19M | 731.22M | 731.20M | 728.77M |
| Cost of Revenue | 1.41B | 1.60B | 1.44B | 1.07B | 1.05B | 1.12B | 2.19B | 2.08B | 1.55B | 446.63M | 376.17M | 376.10M | 388.30M |
| Gross Profit | 918.50M | 952.70M | 960.80M | 786.00M | 788.30M | 837.60M | 1.59B | 1.51B | 991.90M | 396.55M | 355.05M | 355.10M | 340.48M |
| Gross Profit Ratio | 39.37% | 37.37% | 40.04% | 42.40% | 42.94% | 42.71% | 42.08% | 42.05% | 39.02% | 47.03% | 48.56% | 48.56% | 46.72% |
| Research & Development | 68.10M | 48.80M | 49.70M | 48.60M | 42.20M | 44.30M | 98.40M | 84.00M | 62.80M | 26.23M | 25.05M | 25.10M | 22.97M |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 544.80M | 1.10B | 1.12B | 857.50M | 357.90M | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 10.80M | -300.00K | 0.00 | -28.00K | 0.00 | 0.00 | 0.00 |
| SG&A | 596.80M | 578.60M | 611.20M | 504.70M | 497.00M | 544.80M | 1.11B | 1.12B | 857.50M | 357.87M | 214.61M | 214.60M | 260.67M |
| Other Expenses | 80.00M | 2.90M | -9.80M | -51.70M | -46.20M | 14.80M | -61.20M | 101.00M | 30.40M | -2.48M | 292.00K | 5.00M | 9.41M |
| Operating Expenses | 744.90M | 627.40M | 660.90M | 553.30M | 539.20M | 589.10M | 1.21B | 1.21B | 920.30M | 384.10M | 239.96M | 239.70M | 283.63M |
| Cost & Expenses | 2.16B | 2.22B | 2.10B | 1.62B | 1.59B | 1.71B | 3.39B | 3.29B | 2.47B | 830.73M | 616.12M | 615.80M | 671.93M |
| Interest Income | 0.00 | 51.20M | 54.20M | 63.40M | 90.70M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 49.30M | 51.20M | 54.20M | 63.40M | 90.70M | 311.00M | 341.60M | 376.00M | 213.90M | 37.90M | 0.00 | 49.10M | 54.05M |
| Depreciation & Amortization | 166.70M | 161.30M | 163.90M | 161.20M | 154.50M | 156.70M | 156.00M | 342.30M | 251.00M | 87.95M | 45.60M | 42.20M | 46.75M |
| EBITDA | 345.10M | 496.10M | 475.50M | 305.70M | 386.10M | 411.50M | 379.70M | 583.80M | 235.60M | 212.90M | -183.29M | 162.30M | 112.11M |
| EBITDA Ratio | 14.79% | 19.20% | 18.92% | 18.47% | 19.48% | 21.42% | 17.86% | 20.75% | 13.89% | 11.61% | 15.74% | 22.24% | 15.51% |
| Operating Income | 173.60M | 325.30M | 299.90M | 181.00M | 249.10M | 248.50M | 221.30M | 253.00M | 71.60M | 9.50M | 115.10M | 115.10M | 55.95M |
| Operating Income Ratio | 7.44% | 12.76% | 12.50% | 9.76% | 13.57% | 12.67% | 5.86% | 7.06% | 2.82% | 1.13% | 15.74% | 15.74% | 7.68% |
| Total Other Income/Expenses | -44.50M | -53.30M | -48.20M | -151.60M | -108.20M | -301.70M | -460.60M | -137.40M | -300.90M | -40.40M | -316.54M | -44.10M | -44.64M |
| Income Before Tax | 129.10M | 272.00M | 251.70M | 81.10M | 140.90M | -53.20M | -289.00M | -48.00M | -229.30M | -30.89M | -24.67M | 71.00M | 11.31M |
| Income Before Tax Ratio | 5.53% | 10.67% | 10.49% | 4.38% | 7.67% | -2.71% | -7.65% | -1.34% | -9.02% | -3.66% | -3.37% | 9.71% | 1.55% |
| Income Tax Expense | 13.00M | 85.80M | 48.30M | 4.30M | 61.30M | 23.80M | 6.60M | 29.00M | 75.10M | -6.69M | -24.67M | 24.70M | 9.95M |
| Net Income | 118.10M | 187.20M | 203.30M | 75.70M | 92.20M | -324.40M | -296.20M | -74.00M | -308.60M | -29.91M | -194.20M | 46.00M | 987.00K |
| Net Income Ratio | 5.06% | 7.34% | 8.47% | 4.08% | 5.02% | -16.54% | -7.84% | -2.06% | -12.14% | -3.55% | -26.56% | 6.29% | 0.14% |
| EPS | 0.49 | 0.76 | 0.82 | 0.30 | 0.35 | -1.14 | -1.04 | -0.30 | -1.52 | -0.22 | -2.19 | 0.02 | -0.45 |
| EPS Diluted | 0.49 | 0.75 | 0.82 | 0.30 | 0.35 | -1.13 | -1.04 | -0.27 | -1.52 | -0.22 | -2.19 | 0.02 | -0.45 |
| Weighted Avg Shares Out | 241.40M | 245.10M | 247.40M | 248.80M | 257.60M | 283.79M | 284.12M | 243.30M | 203.03M | 135.30M | 88.53M | 88.53M | 88.53M |
| Weighted Avg Shares Out (Dil) | 241.80M | 245.80M | 247.90M | 249.90M | 260.10M | 288.20M | 286.10M | 272.30M | 203.20M | 135.30M | 88.53M | 88.53M | 88.53M |
Why Element Solutions (ESI) is a Top Growth Stock for the Long-Term
Top 2 Materials Stocks That May Collapse This Quarter
Element Solutions (ESI) Soars 13.6%: Is Further Upside Left in the Stock?
Element Solutions (ESI) Ups View, Sees Record EBITDA in FY24
Element Solutions Inc Increases Second Quarter and Full Year Guidance
Element Solutions Inc Announces Participation in Electronics-Focused Conferences in June
Element Solutions (ESI) Up 4.1% Since Last Earnings Report: Can It Continue?
Element Solutions Inc Declares Q2 Dividend of $0.08 Per Share
Element's (ESI) Q1 Earnings Surpass Estimates, Revenues Lag
Element Solutions Inc (ESI) Q1 2024 Earnings Call Transcript
Source: https://incomestatements.info
Category: Stock Reports