← Element Solutions Inc
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $3.6b |
$3.8b
+5.30%
|
$2.0b
-48.07%
|
$1.8b
-6.38%
|
$1.9b
+0.97%
|
$2.4b
+29.46%
|
$2.5b
+6.23%
|
$2.3b
-8.48%
|
$2.5b
+5.30%
|
$2.6b
+3.84%
|
$3.2b
+23.48%
|
|
| Cost of Revenue | $2.1b |
$2.2b
+5.23%
|
$1.1b
-48.63%
|
$1.0b
-6.75%
|
$1.1b
+1.92%
|
$1.4b
+34.78%
|
$1.6b
+10.96%
|
$1.4b
-11.40%
|
$1.4b
+0.46%
|
$1.5b
+4.19%
|
$1.9b
+31.01%
|
|
| Gross Profit | $1.5b |
$1.6b
+5.39%
|
$837.6m
-47.29%
|
$788.3m
-5.89%
|
$786.0m
-0.29%
|
$960.8m
+22.24%
|
$952.7m
-0.84%
|
$918.5m
-3.59%
|
$1.0b
+12.76%
|
$1.1b
+3.36%
|
$1.2b
+13.06%
|
|
| Interest Income (Expense), Net | ($375.7m) |
($341.6m)
+9.08%
|
($311.0m)
+8.96%
|
($90.7m)
+70.84%
|
($63.4m)
+30.10%
|
($54.2m)
+14.51%
|
($51.2m)
+5.54%
|
($49.3m)
+3.71%
|
($56.3m)
-14.20%
|
($53.4m)
+5.15%
|
— | |
| Research and Development Expense | $84.4m | $98.4m | $44.3m | $42.2m | $48.6m | $49.7m | $48.8m | $68.1m | $63.0m | $67.6m | $75.2m | |
| Selling, General and Administrative Expense | $1.1b | $1.1b | $544.8m | $497.0m | $504.7m | $611.2m | $578.6m | $596.8m | $628.8m | $660.7m | $739.5m | |
| Amortization of Intangible Assets | $267.0m | $276.0m | $112.0m | $113.0m | $119.0m | $124.0m | $120.0m | $124.0m | $118.0m | $110.0m | — | |
| Operating Lease, Expense | — | — | — | $20.8m | $20.9m | $24.3m | $26.2m | $27.3m | $27.9m | $26.9m | — | |
| Restructuring and Related Cost, Incurred Cost | — | $12.1m | $0 | $0 | — | — | — | — | — | — | — | |
| Restructuring Costs | $31.1m | $30.8m | $6.3m | $14.1m | $6.3m | $11.7m | $9.5m | $11.4m | — | — | — | |
| Operating Expenses | $1.3b | $1.4b | $589.1m | $539.2m | $553.3m | $660.9m | $627.4m | $744.9m | $691.8m | $728.3m | $814.7m | |
| Operating Income (Loss) | $253.4m |
$221.3m
-12.67%
|
$248.5m
+12.29%
|
$249.1m
+0.24%
|
$232.7m
-6.58%
|
$299.9m
+28.88%
|
$325.3m
+8.47%
|
$173.6m
-46.63%
|
$343.9m
+98.10%
|
$342.2m
-0.49%
|
$395.6m
+15.60%
|
|
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | ($5.0m) | $0 | $0 | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | ($5.5m) | $28.7m | ($36.5m) | $15.8m | ($5.0m) | $7.9m | $25.1m | ($35.3m) | — | |
| Foreign Currency Transaction Gain (Loss), Realized | ($14.1m) | ($107.5m) | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | $10.8m | $0 | $0 | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | $100.8m | ($61.2m) | $14.8m | ($46.2m) | ($51.7m) | ($9.8m) | $2.9m | ($3.1m) | ($25.0m) | ($46.9m) | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | $0 | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | ($301.5m) | ($510.3m) | ($301.7m) | ($108.2m) | ($151.6m) | ($48.2m) | ($53.3m) | ($44.5m) | ($56.2m) | ($76.6m) | — | |
| Interest Income (Expense), Nonoperating, Net | ($375.7m) | ($341.6m) | ($311.0m) | ($90.7m) | ($63.4m) | ($54.2m) | ($51.2m) | ($49.3m) | ($56.3m) | ($53.4m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($48.1m) | ($289.0m) | ($53.2m) | $140.9m | $81.1m | $251.7m | $272.0m | $129.1m | $287.7m | $265.6m | $276.3m | |
| Current Income Tax Expense (Benefit) | $86.0m | $133.2m | $78.5m | $64.4m | $57.3m | $95.0m | $70.7m | $82.9m | $84.0m | $87.2m | $97.5m | |
| Income Tax Expense (Benefit) | $28.6m | $6.6m | $23.8m | $61.3m | $4.3m | $48.3m | $85.8m | $13.0m | $44.8m | $74.6m | $97.5m | |
| Net Income (Loss) Attributable to Parent | ($73.7m) |
($296.2m)
-301.90%
|
($324.4m)
-9.52%
|
$92.9m
+128.64%
|
$75.7m
-18.51%
|
$203.3m
+168.56%
|
$187.2m
-7.92%
|
$118.1m
-36.91%
|
$244.2m
+106.77%
|
$190.8m
-21.87%
|
$178.6m
-6.39%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | ($40.8m) |
($296.2m)
-625.98%
|
($324.4m)
-9.52%
|
$92.2m
+128.42%
|
$75.7m
-17.90%
|
$203.3m
+168.56%
|
$187.2m
-7.92%
|
$118.1m
-36.91%
|
$244.2m
+106.77%
|
$190.8m
-21.87%
|
$178.6m
-6.39%
|
|
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic | ($76.7m) | ($295.6m) | ($78.5m) | $78.9m | $76.8m | $203.0m | $185.4m | $116.0m | $242.6m | $190.8m | $178.6m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($3.0m) | $600k | $4.5m | $700k | $0 | $400k | $800k | $100k | $300k | $200k | $178.6m | |
| Preferred Stock Dividends, Income Statement Impact | $0 | — | — | — | — | — | — | — | — | — | — | |
| Earnings Per Share, Basic | ($0.17) | ($1.04) | ($1.13) | $0.36 | $0.30 | $0.82 | $0.76 | $0.49 | $1.01 | $0.79 | $0.74 | |
| Earnings Per Share, Diluted | ($0.65) | ($1.04) | ($1.13) | $0.35 | $0.30 | $0.82 | $0.76 | $0.49 | $1.01 | $0.79 | $0.74 | |
| Income (Loss) from Continuing Operations, Per Basic Share | ($1) | ($1) | ($0) | $0 | $0 | $1 | $1 | $0 | $1 | $1 | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | ($1) | ($1) | ($0) | $0 | $0 | $1 | $1 | $0 | $1 | $1 | — | |
| Common Stock, Dividends, Per Share, Declared | $0.00 | $0.00 | $0.23 | $0.00 | $0.05 | $0.25 | $0.32 | $0.32 | $0.32 | $0.32 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 243.3m | 286.1m | 288.2m | 257.6m | 248.8m | 247.4m | 245.1m | 241.4m | 242.1m | 242.0m | 242.6m | |
| Weighted Average Number of Shares Outstanding, Diluted | 272.3m | 286.1m | 288.2m | 260.1m | 249.9m | 247.9m | 245.8m | 241.8m | 242.6m | 242.4m | 243.0m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | $33.4m | $4.8m | $12.1m | $1.9m | $12.3m | $14.2m | $10.6m | $16.8m | — | — | — | |
| Goodwill, Impairment Loss | $46.6m | $160.0m | $0 | $0 | $0 | $0 | $0 | $80.0m | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $190.5m | $191.8m | ($77.0m) | $79.6m | $76.8m | $203.4m | $186.2m | $116.1m | $242.9m | $191.0m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $113.8m | $103.8m | ($242.9m) | $13.3m | ($1.1m) | $300k | $1.8m | $2.1m | $1.6m | $0 | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.