Element Solutions Inc delivered solid performance in Q1 2025 with net income up 75% year-over-year, aided by strong Electronics revenue growth and strategic debt reduction through asset divestiture.
Element Solutions Inc delivered a robust Q4 2024 with net sales rising 9% to $624 million. The company reported a net income of $55 million, with GAAP EPS at $0.23 and adjusted EPS at $0.35. Adjusted EBITDA grew 8% to $130 million. The Electronics segment led growth with a 14% sales increase, while the Industrial & Specialty segment saw modest growth. Despite a decrease in net income, the company remains optimistic about future performance and expects steady demand in 2025.
Element Solutions reported net sales of $645 million, an 8% increase on a reported basis and 6% on an organic basis. Net income was $40 million, a significant improvement from the net loss of $32 million in the same period last year. Adjusted EBITDA increased by 6% to $143 million.
Element Solutions Inc announced its second quarter financial results with net sales of $613 million, a 5% increase. Net income increased by 213% to $93 million, and adjusted EBITDA rose by 16% to $135 million.
Element Solutions reported net sales of $575 million, a 1% increase on an organic basis. Net income increased to $56 million, and adjusted EBITDA rose by 13% to $127 million.
Element Solutions reported relatively flat net sales of $573 million for Q4 2023, while organic net sales decreased by 3%. However, the company saw a significant increase in reported net income to $77 million, and adjusted EBITDA increased by 11% to $120 million. The electronics segment experienced net sales growth, while the industrial & specialty segment saw a decrease.
Element Solutions reported net sales of $599 million, a 3% decrease year-over-year, with a net loss of $32 million compared to a net income of $53 million in the same period last year. Adjusted EPS was $0.36, consistent with the previous year, and adjusted EBITDA increased by 2% on a constant currency basis. The company's cash flow generation remained strong, and it is on track to deliver leverage below 3.5 times by year end.
Element Solutions Inc. reported a decrease in net sales by 13% compared to the second quarter last year, with net sales of $586 million. GAAP diluted EPS was $0.11, and net income was $27 million, both lower than the previous year. Adjusted EPS was $0.31. The company is reducing its full year 2023 adjusted EBITDA guidance to a range of $490 million to $500 million.
Element Solutions reported a decrease in net sales by 16% to $574 million and a decrease in organic net sales by 7% compared to the first quarter of the previous year. GAAP diluted EPS decreased to $0.18, and adjusted EPS decreased to $0.30. The company's net income also decreased to $43 million. Despite these challenges, the company expects sequential earnings growth in the second quarter and anticipates a second-half recovery.
Element Solutions Inc. announced its Q4 2022 financial results, with net sales decreasing by 11% to $574 million, but organic net sales increased 3%. GAAP diluted EPS was $0.05, up from $0.02 in Q4 2021, while adjusted EPS decreased to $0.29 from $0.32. The company reported a net income of $13 million, compared to $6 million in the same period last year.
Element Solutions reported approximately flat net sales of $619 million compared to the third quarter of last year, but organic net sales increased by 5%. GAAP diluted EPS was $0.22, up from $0.15 in the same period last year, and adjusted EPS was $0.36, compared to $0.34 in the prior year. The company reported a net income of $53 million, compared to $36 million in the same period last year. Free cash flow was $116 million, an increase of 42% from the third quarter last year.
Element Solutions Inc announced its Q2 2022 financial results, with net sales increasing by 15% to $677 million and adjusted EPS rising to $0.38. The company's performance was driven by durable growth in end-markets and solid execution against strategies, leading to above-market sales growth and double-digit constant currency adjusted EBITDA growth.
Element Solutions reported a 24% increase in net sales to $680 million, with organic sales up by 7%. Adjusted EPS rose to $0.38 from $0.37 year-over-year, while GAAP diluted EPS decreased to $0.23 from $0.33. The company reaffirmed its full-year adjusted EPS guidance and increased the bottom end of its adjusted EBITDA guidance.
Element Solutions Inc reported a 21% increase in net sales to $647 million for Q4 2021. However, GAAP diluted EPS decreased to $0.02, and net income fell to $6 million, compared to the same period last year. Adjusted EPS remained the same at $0.31.
Element Solutions Inc reported a strong third quarter with net sales of $616 million, a 29% increase year-over-year. Adjusted EPS rose to $0.35 from $0.22 in the prior year period. The company raised its full-year 2021 adjusted EBITDA guidance to a range of $515 million to $525 million and adjusted EPS to greater than $1.35.
Element Solutions reported a strong second quarter with a 52% increase in net sales and a significant rise in GAAP diluted EPS to $0.32. The company's performance was driven by growth strategy execution, strong organic performance, and prudent capital deployment.
Element Solutions Inc. reported a strong first quarter in 2021, with net sales of $550 million, a 22% increase from the previous year. GAAP diluted EPS was $0.33, and adjusted EPS reached a record $0.37. The company's net income was $82 million, a significant increase from $8 million in the same period last year. The company is raising its full year outlook.
Element Solutions reported a record fourth quarter in net sales and adjusted EBITDA since its launch in February 2019, driven by strong demand in its high-end electronics business and recovery in its industrially oriented businesses. Net sales increased by 18% and organic net sales increased by 10%. Adjusted EPS was $0.31, as compared to $0.22 per share in the prior year.
Element Solutions Inc announced its Q3 2020 financial results, with net sales of $478 million, a 3% increase year-over-year. GAAP diluted income per share was $0.15, and adjusted EPS was $0.22. The company reported a net income of $36 million and adjusted EBITDA of $102 million.
Element Solutions reported a 15% decrease in net sales to $387 million, but managed to preserve adjusted EBITDA margin and grow free cash flow year-over-year. The company's profit and cash flow exceeded expectations due to solid execution and resilience in high-end electronics markets.
Element Solutions reported a decrease in net sales by 2% to $453 million, but an increase in adjusted EPS by 25% to $0.25 and adjusted EBITDA by 14% to $110 million. The company generated $51 million in free cash flow and repurchased approximately 3.7 million shares of common stock. The company expects adjusted EBITDA in the second quarter of between $70 million and $75 million.
Element Solutions Inc. reported a decrease of 5% in net sales for Q4 2019 compared to Q4 2018, with sales totaling $455 million. However, the company's GAAP diluted earnings per share increased to $0.29, compared to a loss per share of $0.05 in the same period last year. Adjusted EPS was $0.22, compared to $0.03 per share.