secwatch.observer — SEC 8-K summary
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Issuer:     Element Solutions Inc (ESI)
CIK:        0001590714
Form:       8-K
Filed at:   2023-02-21T23:59:59+00:00
Accession:  0001590714-23-000025
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Element Solutions reports record 2022 revenue $2.55B; adjusted EPS $1.41; guides 2023 adjusted EBITDA flat
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- Full-year 2022 net sales $2.55B (+6% reported, +5% organic); GAAP diluted EPS $0.75 vs $0.82 in 2021.
- Adjusted EPS $1.41 (+2% YoY); adjusted EBITDA $527M (+8% constant currency); free cash flow $253M.
- Q4 2022 net sales $574M (-11% reported, +3% organic); adjusted EBITDA $108M (-2% constant currency).
- 2023 guidance: adjusted EBITDA $510M-$530M (flat constant currency); adjusted EPS $1.40-$1.43; FCF ~$275M.
- Repurchased 8.0M shares for ~$151M in 2022; declared $0.08/share dividend payable March 15, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590714/000159071423000025/0001590714-23-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590714/000159071423000025/esi-20230221.htm
  HTML page:      https://secwatch.observer/filing/0001590714-23-000025

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer