earnings
confidence high
sentiment positive
materiality 0.80
ESI reports FY2021 adj. EPS $1.38 (+44% YoY); guides FY2022 adj. EBITDA $575-590M
Element Solutions Inc
2021-FY EPS reported
$0.82
revenue$2,399,800,000
- FY2021 net sales $2.40B, +29% reported / +13% organic vs 2020; GAAP diluted EPS $0.82 vs $0.31.
- FY2021 adj. EPS $1.38, +44% YoY; adj. EBITDA $525M, +20% constant currency.
- Q4 2021 net sales $647M (+21% reported, +2% organic); adj. EBITDA $122M (-2% constant currency).
- FY2022 guidance: adj. EBITDA $575-590M, adj. EPS $1.55-1.60, free cash flow $310-325M.
- Board raised share repurchase authorization to $750M; declared $0.08 quarterly dividend payable Mar 15, 2022.