Element Solutions Inc
ESI · Miscellaneous Chemical Products · 243.6M shares · -2%/yr ↓ buyback · EDGAR filings ↗
Reference price $37.30 · est. market cap ~$9.1B — last insider sale, 2026-02-24 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B73Above-average specialty-chemicals franchise with strong margins, liquidity and electronics growth from AI/data-center demand.
Strengths
- High gross/operating margins (75th pct) and best-in-class liquidity (cash 100th pct, current ratio 89th pct)
- Electronics organic growth +10% driven by AI/data-center metallization and advanced packaging
- Switching costs and qualified-in supply-chain positions support recurring revenue
Risks
- Only mid-pack ROE (~7.1%, 56th pct) and ROA (67th pct)
- Elevated leverage (debt/equity 88th pct) and acquisitive strategy execution risk
- ~79% of sales non-US, exposing it to FX and tariff/trade risk
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Customer concentration~79% of revenue from one customer/distributor — In 2025, approximately 79% of our net sales were generated from non-U
- Strong balance sheetStrong balance sheet — $626M cash & investments
- China exposure• import and export control and licensing requirements; risk of non-compliance with the Foreign Corrupt Practices Act of 1977, U
- Insider sellingInsider selling — 5 open-market sale(s) by 3 insider(s) (cluster of 3 insiders, ~$17M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
42.0%
Operating margin
13.4%
Net margin
7.5%
Return on equity
7.1%
Return on assets
3.7%
ROIC
6.3%
Revenue growth (QoQ)
24.2%
Net-income growth
-21.9%
Debt / equity
0.6×
Net debt / EBITDA
2.0×
Current ratio
3.7×
EBITDA
$493M
Tangible book value
-$225M
Cash & investments
$626M
Stock comp / revenue
2.3%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-04 | Fraser Christopher T. | Option exercise | 6.5K | — |
| 2026-05-04 | Sofronas Susan W. | Option exercise | 6.5K | — |
| 2026-05-04 | ASHKEN IAN G H | Option exercise | 6.5K | — |
| 2026-05-04 | ASHKEN IAN G H | Other | 6.5K | — |
| 2026-05-04 | ASHKEN IAN G H | Other | 6.5K | — |
| 2026-05-04 | ONEAL E STANLEY | Option exercise | 6.5K | — |
| 2026-05-04 | GOSS MICHAEL F | Option exercise | 6.5K | — |
| 2026-05-04 | Filon Elyse Napoli | Option exercise | 6.5K | — |
| 2026-02-24 | Gliklich Benjamin | Sell | 170K | $37.30 |
| 2026-02-23 | Dorman Carey J. | Sell | 98K | $34.87 |
| 2026-02-20 | ONEAL E STANLEY | Sell | 144K | $35.52 |
| 2026-02-20 | ONEAL E STANLEY | Sell | 29K | $35.52 |
| 2026-02-20 | ONEAL E STANLEY | Sell | 29K | $35.52 |
| 2026-02-11 | Liebowitz Matthew | Tax withheld | 1.4K | $31.97 |
| 2026-02-11 | Fricke Richard L. | Tax withheld | 6.2K | $31.99 |
| 2026-02-11 | Fricke Richard L. | Tax withheld | 845 | $31.99 |
| 2026-02-11 | Fricke Richard L. | Tax withheld | 1.6K | $31.99 |
| 2026-02-11 | Fricke Richard L. | Tax withheld | 1.4K | $31.99 |
| 2026-02-11 | Dorman Carey J. | Tax withheld | 24K | $31.97 |
| 2026-02-11 | Dorman Carey J. | Tax withheld | 3.1K | $31.97 |
| 2026-02-11 | Dorman Carey J. | Tax withheld | 3.2K | $31.97 |
| 2026-02-11 | Dorman Carey J. | Tax withheld | 2.9K | $31.97 |
| 2026-02-11 | Capps John Edward | Tax withheld | 10K | $31.97 |
| 2026-02-11 | Capps John Edward | Tax withheld | 1.4K | $31.97 |
| 2026-02-11 | Capps John Edward | Tax withheld | 1.1K | $31.97 |
| 2026-02-11 | Capps John Edward | Tax withheld | 656 | $31.97 |
| 2026-02-11 | Gliklich Benjamin | Tax withheld | 60K | $31.97 |
| 2026-02-11 | Gliklich Benjamin | Tax withheld | 7.4K | $31.97 |
| 2026-02-11 | Gliklich Benjamin | Tax withheld | 7.9K | $31.97 |
| 2026-02-11 | Gliklich Benjamin | Tax withheld | 7.2K | $31.97 |
| 2026-02-11 | Liebowitz Matthew | Tax withheld | 10K | $31.97 |
| 2026-02-11 | Liebowitz Matthew | Tax withheld | 1.6K | $31.97 |
| 2026-02-11 | Liebowitz Matthew | Tax withheld | 1.5K | $31.97 |
| 2026-02-10 | Liebowitz Matthew | Option exercise | 27K | — |
| 2026-02-10 | Capps John Edward | Option exercise | 3.4K | — |
| 2026-02-10 | Capps John Edward | Option exercise | 3.0K | — |
| 2026-02-10 | Capps John Edward | Option exercise | 1.7K | — |
| 2026-02-10 | Liebowitz Matthew | Option exercise | 3.4K | — |
| 2026-02-10 | Fricke Richard L. | Option exercise | 1.7K | — |
| 2026-02-10 | Gliklich Benjamin | Option exercise | 158K | — |
| 2026-02-10 | Fricke Richard L. | Option exercise | 3.5K | — |
| 2026-02-10 | Fricke Richard L. | Option exercise | 14K | — |
| 2026-02-10 | Fricke Richard L. | Option exercise | 3.2K | — |
| 2026-02-10 | Gliklich Benjamin | Option exercise | 20K | — |
| 2026-02-10 | Dorman Carey J. | Option exercise | 45K | — |
| 2026-02-10 | Liebowitz Matthew | Option exercise | 4.2K | — |
| 2026-02-10 | Dorman Carey J. | Option exercise | 5.6K | — |
| 2026-02-10 | Gliklich Benjamin | Option exercise | 21K | — |
| 2026-02-10 | Dorman Carey J. | Option exercise | 6.0K | — |
| 2026-02-10 | Dorman Carey J. | Option exercise | 5.5K | — |
| 2026-02-10 | Gliklich Benjamin | Option exercise | 19K | — |
| 2026-02-10 | Capps John Edward | Option exercise | 27K | — |
| 2026-02-10 | Liebowitz Matthew | Option exercise | 3.9K | — |
| 2025-12-17 | Gliklich Benjamin | Gift | 93K | — |
| 2025-12-12 | Liebowitz Matthew | Sell | 37K | $26.60 |
| 2025-12-10 | Dorman Carey J. | Gift | 16K | — |
| 2025-12-10 | Liebowitz Matthew | Option exercise | 160K | — |
| 2025-12-10 | Liebowitz Matthew | Tax withheld | 63K | $27.58 |
| 2025-12-10 | Gliklich Benjamin | Option exercise | 750K | — |
| 2025-12-10 | Gliklich Benjamin | Tax withheld | 295K | $27.58 |
| 2025-12-10 | FRANKLIN MARTIN E | Option exercise | 225K | — |
| 2025-12-10 | FRANKLIN MARTIN E | Other | 225K | — |
| 2025-12-10 | FRANKLIN MARTIN E | Other | 225K | — |
| 2025-12-10 | Capps John Edward | Option exercise | 90K | — |
| 2025-12-10 | Capps John Edward | Tax withheld | 35K | $27.58 |
| 2025-12-10 | Dorman Carey J. | Option exercise | 240K | — |
| 2025-12-10 | Dorman Carey J. | Tax withheld | 133K | $27.58 |
| 2025-11-05 | ASHKEN IAN G H | Sell | 292K | $27.00 |
| 2025-09-18 | Capps John Edward | Option exercise | 39K | $12.25 |
| 2025-09-18 | Capps John Edward | Sell | 78K | $26.77 |
| 2025-09-18 | Capps John Edward | Option exercise | 22K | $13.30 |
| 2025-09-18 | Dorman Carey J. | Option exercise | 19K | $10.59 |
| 2025-09-18 | Dorman Carey J. | Option exercise | 9.6K | $11.34 |
| 2025-09-18 | Dorman Carey J. | Option exercise | 32K | $12.25 |
| 2025-09-18 | Dorman Carey J. | Sell | 41K | $26.66 |
| 2025-09-18 | Gliklich Benjamin | Option exercise | 75K | $12.25 |
| 2025-09-18 | Gliklich Benjamin | Option exercise | 22K | $13.30 |
| 2025-09-18 | Gliklich Benjamin | Option exercise | 64K | $11.34 |
| 2025-09-18 | Gliklich Benjamin | Option exercise | 21K | $7.95 |
| 2025-09-18 | Gliklich Benjamin | Sell | 118K | $26.56 |
| 2025-09-18 | Capps John Edward | Option exercise | 34K | $11.34 |
| 2025-09-18 | Capps John Edward | Option exercise | 26K | $9.52 |
| 2025-09-17 | Liebowitz Matthew | Sell | 50K | $26.55 |
| 2025-08-13 | FRANKLIN MARTIN E | Other | 1.0M | — |
| 2025-06-03 | Sofronas Susan W. | Option exercise | 6.0K | — |
| 2025-06-03 | Filon Elyse Napoli | Option exercise | 6.0K | — |
| 2025-06-03 | GOSS MICHAEL F | Option exercise | 6.0K | — |
| 2025-06-03 | ASHKEN IAN G H | Option exercise | 6.0K | — |
| 2025-06-03 | Fraser Christopher T. | Option exercise | 6.0K | — |
| 2025-06-03 | ASHKEN IAN G H | Other | 6.0K | — |
| 2025-06-03 | ASHKEN IAN G H | Other | 6.0K | — |
| 2025-06-03 | ONEAL E STANLEY | Option exercise | 6.0K | — |
| 2025-03-19 | FRANKLIN MARTIN E | Sell | 391K | $26.10 |
| 2025-03-19 | FRANKLIN MARTIN E | Sell | 1.6M | $26.10 |
| 2025-02-12 | Dorman Carey J. | Option exercise | 6.0K | — |
| 2025-02-12 | Dorman Carey J. | Tax withheld | 2.3K | $25.81 |
| 2025-02-12 | Dorman Carey J. | Option exercise | 5.6K | — |
| 2025-02-12 | Dorman Carey J. | Tax withheld | 2.2K | $25.81 |
| 2025-02-12 | Dorman Carey J. | Option exercise | 3.6K | — |
| 2025-02-12 | Dorman Carey J. | Tax withheld | 1.6K | $25.81 |
| 2025-02-12 | Gliklich Benjamin | Option exercise | 50K | — |
| 2025-02-12 | Gliklich Benjamin | Tax withheld | 20K | $25.81 |
| 2025-02-12 | Gliklich Benjamin | Option exercise | 21K | — |
| 2025-02-12 | Gliklich Benjamin | Tax withheld | 8.2K | $25.81 |
| 2025-02-12 | Gliklich Benjamin | Option exercise | 20K | — |
| 2025-02-12 | Gliklich Benjamin | Tax withheld | 7.7K | $25.81 |
| 2025-02-12 | Gliklich Benjamin | Option exercise | 17K | — |
| 2025-02-12 | Gliklich Benjamin | Tax withheld | 6.6K | $25.81 |
| 2025-02-12 | Fricke Richard L. | Option exercise | 2.9K | — |
| 2025-02-12 | Fricke Richard L. | Tax withheld | 1.5K | $25.81 |
| 2025-02-12 | Fricke Richard L. | Option exercise | 3.5K | — |
| 2025-02-12 | Fricke Richard L. | Tax withheld | 1.6K | $25.81 |
| 2025-02-12 | Fricke Richard L. | Option exercise | 1.7K | — |
| 2025-02-12 | Fricke Richard L. | Tax withheld | 770 | $25.81 |
| 2025-02-12 | Fricke Richard L. | Option exercise | 955 | — |
| 2025-02-12 | Fricke Richard L. | Tax withheld | 498 | $25.81 |
| 2025-02-12 | Liebowitz Matthew | Option exercise | 7.2K | — |
| 2025-02-12 | Liebowitz Matthew | Tax withheld | 2.9K | $25.81 |
| 2025-02-12 | Liebowitz Matthew | Option exercise | 4.2K | — |
| 2025-02-12 | Liebowitz Matthew | Tax withheld | 1.7K | $25.81 |
| 2025-02-12 | Liebowitz Matthew | Option exercise | 3.4K | — |
| 2025-02-12 | Liebowitz Matthew | Tax withheld | 1.3K | $25.81 |
| 2025-02-12 | Liebowitz Matthew | Option exercise | 2.4K | — |
| 2025-02-12 | Liebowitz Matthew | Tax withheld | 1.1K | $25.81 |
| 2025-02-12 | Capps John Edward | Option exercise | 17K | — |
| 2025-02-12 | Capps John Edward | Tax withheld | 6.8K | $25.81 |
| 2025-02-12 | Capps John Edward | Option exercise | 3.0K | — |
| 2025-02-12 | Capps John Edward | Tax withheld | 1.2K | $25.81 |
| 2025-02-12 | Capps John Edward | Option exercise | 3.4K | — |
| 2025-02-12 | Capps John Edward | Tax withheld | 1.3K | $25.81 |
| 2025-02-12 | Capps John Edward | Option exercise | 2.9K | — |
| 2025-02-12 | Capps John Edward | Tax withheld | 1.3K | $25.81 |
| 2025-02-12 | Dorman Carey J. | Option exercise | 11K | — |
| 2025-02-12 | Dorman Carey J. | Tax withheld | 4.2K | $25.81 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-05 | Shareholder vote | filing ↗ |
| 2026-04-28 | ResultsExhibits | filing ↗ |
| 2026-03-23 | Exec/director changeOther | filing ↗ |
| 2026-02-17 | ResultsExhibits | filing ↗ |
| 2026-02-02 | Material agreementDebt obligationOtherExhibits | filing ↗ |
| 2025-10-28 | ResultsExhibits | filing ↗ |
| 2025-07-30 | ResultsExhibits | filing ↗ |
| 2025-07-07 | Reg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-05 | 2026-05-04 | 0001590714-26-000049 ↗ |
| 10-Q | 2026-04-29 | 2026-03-31 | 0001590714-26-000041 ↗ |
| 8-K | 2026-04-28 | 2026-04-28 | 0001590714-26-000039 ↗ |
| 8-K | 2026-03-23 | 2026-03-23 | 0001590714-26-000033 ↗ |
| 10-K | 2026-02-18 | 2025-12-31 | 0001590714-26-000018 ↗ |
| 8-K | 2026-02-17 | 2026-02-17 | 0001590714-26-000017 ↗ |
| 8-K | 2026-02-02 | 2026-02-02 | 0001590714-26-000003 ↗ |
| 10-Q | 2025-10-29 | 2025-09-30 | 0001590714-25-000087 ↗ |
| 8-K | 2025-10-28 | 2025-10-28 | 0001590714-25-000084 ↗ |
| 10-Q | 2025-07-31 | 2025-06-30 | 0001590714-25-000077 ↗ |
| 8-K | 2025-07-30 | 2025-07-30 | 0001590714-25-000075 ↗ |
| 8-K | 2025-07-07 | 2025-07-07 | 0001590714-25-000069 ↗ |