Element Solutions Inc
For the period ended Dec 31, 2025. Filed Feb 18, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 18, 2026
ESI$32.75-0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows F-
CONSOLIDATED STATEMENTS OF CASH FLOWS
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Cash flows from operating activities: | |||
| Net income | $191.0 | $244.5 | $118.2 |
| Income from discontinued operations, net of tax | — | 1.6 | 2.1 |
| Net income from continuing operations | 191.0 | 242.9 | 116.1 |
| Reconciliations of net income to net cash flows provided by operating activities: | |||
| Depreciation and amortization | 151.2 | 157.6 | 166.7 |
| Deferred income taxes | (12.6) | (39.2) | (69.9) |
| Foreign exchange losses (gains) | 29.4 | (24.4) | (10.6) |
| Incentive stock compensation | 59.1 | 14.8 | 9.4 |
| Net gain on divestitures | (59.0) | — | — |
| Goodwill impairment | — | — | 80.0 |
| Other, net | 9.2 | 22.9 | 42.2 |
| Changes in assets and liabilities, net of acquisitions: | |||
| Accounts receivable | (57.6) | (29.9) | (6.8) |
| Inventories | (39.1) | 7.8 | (9.5) |
| Accounts payable | 27.4 | (1.0) | 0.3 |
| Accrued expenses | (0.3) | 33.0 | 9.9 |
| Prepaid expenses and other current assets | (21.6) | (4.2) | 1.9 |
| Other assets and liabilities | 12.7 | (18.3) | 3.9 |
| Net cash flows provided by operating activities | 289.8 | 362.0 | 333.6 |
| Cash flows from investing activities: | |||
| Capital expenditures | (62.2) | (68.4) | (52.7) |
| Proceeds from disposal of property, plant and equipment | 1.5 | — | 1.4 |
| Proceeds from divestitures (net of cash of $2.4 million) | 321.2 | — | — |
| Acquisitions, net of cash acquired | — | (3.9) | (214.8) |
| Other, net | 25.6 | (1.5) | 15.9 |
| Net cash flows provided by (used in) investing activities | 286.1 | (73.8) | (250.2) |
| Cash flows from financing activities: | |||
| Debt proceeds, net of discount | — | 1,040.1 | 1,297.1 |
| Repayments of borrowings | (202.6) | (1,152.6) | (1,264.1) |
| Repurchases of common stock | (25.0) | — | — |
| Dividends | (77.8) | (78.2) | (77.4) |
| Payment of financing fees | — | (3.2) | (6.3) |
| Other, net | (15.0) | (12.7) | (8.0) |
| Net cash flows used in financing activities | (320.4) | (206.6) | (58.7) |
| Net cash flows provided by operating activities of discontinued operations | — | 1.6 | 2.2 |
| Effect of exchange rate changes on cash and cash equivalents | 11.6 | (13.1) | (3.2) |
| Net increase in cash and cash equivalents | 267.1 | 70.1 | 23.7 |
| Cash and cash equivalents at beginning of period | 359.4 | 289.3 | 265.6 |
| Cash and cash equivalents at end of period | $626.5 | $359.4 | $289.3 |
| Supplemental disclosure information of continuing operations: | |||
| Cash paid for interest | $68.6 | $64.8 | $56.1 |
| Cash paid for income taxes | $98.8 | $87.2 | $73.7 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.