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Element Solutions ESI Specialties — Adjusted EBITDA

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Other financials

Income statement

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Revenue$977.9M+56.4%
Gross profit$334.0M+25.4%
Operating income$113.7M+20.6%
Net income$77.3M+63.1%
EPS (diluted)$0.32+60.0%

Balance sheet

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Cash & equivalents$189.6M-64.2%
Total debt$2.2B+34.3%
Total equity$2.8B+7.1%
Total assets$5.8B+15.6%

Cash flow

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Operating cash flow$99.6M+37.2%
CapEx$27.9M+57.6%
Free cash flow-$91.7M-711%

Valuation

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Market cap$9.34B+66.9%
Enterprise value$11.34B+69.4%
P/E52.3×+29.0×
P/S+0.7×

Profitability

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Gross margin38.4%-3.4pp
Operating margin12.6%-1.2pp
Net margin5.7%-4.0pp
FCF margin4.3%-6.6pp

Returns & leverage

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Return on equity6.6%-3.0pp
Debt / equity0.8×+0.2×
Current ratio2.9×-1.2×

Where this comes from

Reported directly by Element Solutions in its filing.

Tagged under the XBRL concept esi:OperatingIncomeLossAdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization.

The source filing: Element Solutions’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:16 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001590714-26-000065
(dollars in millions)Three Months Ended June 30, 2026 / ElectronicsThree Months Ended June 30, 2026 / SpecialtiesThree Months Ended June 30, 2026 / Segment TotalThree Months Ended June 30, 2025 / ElectronicsThree Months Ended June 30, 2025 / SpecialtiesThree Months Ended June 30, 2025 / Segment Total
Net sales$767.0$210.9$977.9$439.4$185.8$625.2
Cost of sales528.6112.4641.0260.698.3358.9
Selling, technical, general and administrative93.759.0152.771.048.8119.8
Research and development15.33.518.812.82.815.6
Other segment items (1)(1.8)(1.1)(2.9)4.64.6
Add: Depreciation expense10.34.915.26.13.69.7
Adjusted EBITDA$141.5$42.0$183.5$96.5$39.5$136.0

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Element Solutions's specialties — adjusted EBITDA?
Element Solutions (ESI) reported specialties — adjusted EBITDA of $42M in Q2 2026.
How has Element Solutions's specialties — adjusted EBITDA changed year-over-year?
Element Solutions's specialties — adjusted EBITDA increased by 6.3% year-over-year, from $39.5M to $42M.
What does specialties — adjusted EBITDA mean?
A non-GAAP measure of the segment's operating profitability, calculated by adding back depreciation, amortization, and other non-cash or non-recurring items to operating income. It provides a clearer view of the segment's core cash-generating capability.

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