earnings
confidence high
sentiment positive
materiality 0.80
Element Solutions posts record Adj EBITDA of $535M in FY2024; guides FY2025 Adj EBITDA $520-540M
Element Solutions Inc
2024-FY EPS reported
$1.01
revenue$2,456,900,000
- FY2024 net sales $2.46B (+5% reported, +4% organic); net income $245M (+107%); record Adj EBITDA $535M (+11%).
- Q4 Adj EBITDA $130M (+8%); GAAP EPS $0.23, Adj EPS $0.35; Electronics sales +14% to $401M.
- FY2025 Adj EBITDA guidance range $520M-$540M; Q1 2025 Adj EBITDA ~$125M; expects ~8% growth ex-Graphics and FX headwinds.
- Graphics Solutions sale ($325M) expected to close in Q1 2025; term loan repricing cut rate 25bps, debt reduced by $100M.
- Dividend $0.08/share declared, payable March 17, 2025; returned $78.2M to shareholders via dividends in FY2024.