Element Solutions
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Element Solutions's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 8% to $2,333,200,000. Profit margin reached 5%. Total operating expenses were $744,900,000.
Profit Margin
| 2014 | 843.18M | -29.90M | -3.55% |
|---|---|---|---|
| 2015 | 2.54B | -308.6M | -12.14% |
| 2016 | 3.58B | -74M | -2.06% |
| 2017 | 3.77B | -296.2M | -7.84% |
| 2018 | 1.96B | -324.4M | -16.54% |
| 2019 | 1.83B | 92.2M | 5.02% |
| 2020 | 1.85B | 75.7M | 4.08% |
| 2021 | 2.39B | 203.3M | 8.47% |
| 2022 | 2.54B | 187.2M | 7.34% |
| 2023 | 2.33B | 118.1M | 5.06% |
ESI Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 2.33B | 2.54B | 2.39B | 1.85B | 1.83B | 1.96B | 3.77B | 3.58B | 2.54B | 843.18M |
Cost of revenue | 1.41B | 1.59B | 1.43B | 1.06B | 1.04B | 1.12B | 2.18B | 2.07B | 1.55B | 446.63M |
Gross profit | 918.5M | 952.7M | 960.8M | 786M | 788.3M | 837.6M | 1.58B | 1.50B | 991.9M | 396.55M |
Operating exp. | ||||||||||
Research and development | 68.1M | 48.8M | 49.7M | 48.6M | 42.2M | 44.3M | 98.4M | 84M | 62.8M | 26.22M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 10.8M | -300K | 0 | -28K |
Total operating expenses | 744.9M | 627.4M | 660.9M | 553.3M | 539.2M | 589.1M | 1.20B | 1.20B | 920.3M | 384.10M |
Operating income | 173.6M | 325.3M | 299.9M | 181M | 249.1M | 248.5M | 221.3M | 253M | 71.6M | 9.49M |
Other income (expenses), net | -44.5M | -53.3M | -48.2M | -151.6M | -108.2M | 9.3M | -460.59M | 27M | -300.9M | -40.4M |
Income before tax | 129.1M | 272M | 251.7M | 81.1M | 140.9M | -53.2M | -289M | -48M | -229.3M | -30.88M |
Income tax expense | 13M | 85.8M | 48.3M | 4.3M | 61.3M | 23.8M | 6.6M | 29M | 75.1M | -6.68M |
Net income | 118.1M | 187.2M | 203.3M | 75.7M | 92.2M | -324.4M | -296.2M | -74M | -308.6M | -29.90M |
Earnings per share | ||||||||||
Basic EPS | 0.49 | 0.76 | 0.82 | 0.3 | 0.35 | -1.14 | -1.04 | -0.3 | -1.52 | -0.22 |
Diluted EPS | 0.49 | 0.75 | 0.82 | 0.3 | 0.35 | -1.13 | -1.04 | -0.27 | -1.52 | -0.22 |
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