Element Solutions Inc
For the period ended Jun 30, 2025. Filed Jul 31, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Jul 31, 2025
ESI$32.75-0.6%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Cash Flows
| Six Months Ended June 30, | ||
|---|---|---|
| 2025 | 2024 | |
| Cash flows from operating activities: | ||
| Net income | $145.5 | $149.3 |
| Net income from discontinued operations, net of tax | — | 1.6 |
| Net income from continuing operations | 145.5 | 147.7 |
| Reconciliations of net income from continuing operations to net cash flows provided by operating activities: | ||
| Depreciation and amortization | 75.4 | 80.4 |
| Deferred income taxes | (7.1) | (42.8) |
| Foreign exchange losses (gains) | 18.3 | (12.5) |
| Incentive stock compensation | 11.3 | 7.7 |
| Gain on divestitures | (66.6) | — |
| Other, net | 6.9 | 5.0 |
| Changes in assets and liabilities, net of acquisitions and divestitures: | ||
| Accounts receivable | (39.5) | (32.2) |
| Inventories | (25.4) | (44.0) |
| Accounts payable | 18.3 | 15.0 |
| Accrued expenses | (38.8) | (1.0) |
| Prepaid expenses and other current assets | (12.3) | (2.6) |
| Other assets and liabilities | 12.6 | 4.1 |
| Net cash flows provided by operating activities | 98.6 | 124.8 |
| Cash flows from investing activities: | ||
| Capital expenditures | (28.7) | (33.5) |
| Proceeds from disposal of property, plant and equipment | 0.7 | — |
| Proceeds from divestitures (net of cash of $2.5 million) | 325.5 | — |
| Acquisitions, net of cash acquired | — | (3.9) |
| Other, net | 25.6 | (6.4) |
| Net cash flows provided by (used in) investing activities | 323.1 | (43.8) |
| Cash flows from financing activities: | ||
| Repayments of borrowings | (202.6) | (5.8) |
| Repurchases of common stock | (19.4) | — |
| Dividends | (39.1) | (39.4) |
| Payment of financing fees | — | (2.1) |
| Other, net | (4.9) | (6.8) |
| Net cash flows used in financing activities | (266.0) | (54.1) |
| Net cash flows provided by operating activities of discontinued operations | — | 1.6 |
| Effect of exchange rate changes on cash and cash equivalents | 14.8 | (8.5) |
| Net increase in cash and cash equivalents | 170.5 | 20.0 |
| Cash and cash equivalents at beginning of period | 359.4 | 289.3 |
| Cash and cash equivalents at end of period | $529.9 | $309.3 |
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