John E. Capps
On October 2, 2024, John E. Capps, Executive Vice President, General Counsel and Secretary of Element Solutions Inc (the "Company"), announced his intention to retire from his current position at a date to be determined in 2025.
Highest-materiality recent filing
Element Solutions and Solstice mutually terminate merger; no fees paid
Merger agreement with Solstice Advanced Materials, signed July 6, 2026, mutually terminated Aug 27, 2026.
Element Solutions posts record Q2 revenue $978M, adj EBITDA $184M; to be acquired by Solstice
Net sales $978M, +56% reported, +15% organic; GAAP EPS $0.32 vs $0.20; adj EPS $0.47 vs $0.37.
Solstice Advanced Materials to acquire Element Solutions; investor update presentation furnished
Solstice Advanced Materials Inc. issued an investor update presentation regarding its proposed acquisition of Element Solutions Inc.
Each Element Solutions share to be converted into 0.500 shares of Parent common stock and $10.00 cash.
Element Solutions enters merger agreement with Solstice Advanced Materials
Each Element Solutions share converts to 0.500 Solstice shares and $10.00 cash.
Solstice Advanced Materials to acquire Element Solutions for ~$50.10/share, 15% premium
Element shareholders receive $10 cash + 0.500 Solstice shares per share, valued at ~$50.10, ~15% premium to July 2 close.
GAAP diluted EPS $0.23 vs $0.40 prior year; adjusted EPS $0.41 vs $0.34.
Sir Martin E. Franklin will not seek reelection and retire from the Board at the 2026 annual meeting (May 4, 2026).
Element Solutions posts record 2025 adjusted EBITDA $548M; guides 2026 to $650-670M
Q4 net sales $676M (+8% reported, +10% organic); Electronics segment sales up 21%.
Element Solutions closes ~$500M Micromax buy, raises $450M term loan, upsizes revolver
Closed Micromax acquisition on Feb 2, 2026 for approx. $500M; funded by $450M incremental term loan plus cash.
Net sales $656M, +2% reported, +5% organic; Electronics segment revenue +11% to $465M record.
Element Solutions Q2 net sales $625M (+6% organic); FY25 adj. EBITDA guidance raised to $530M-$550M
GAAP diluted EPS $0.20, down from $0.38; adjusted EPS $0.37 vs $0.36.
Element Solutions raises Q2 and FY 2025 adjusted EBITDA guidance; Q2 ~$135M
Q2 2025 adjusted EBITDA expected ~$135M, up from prior guidance of $120M-$125M.
GAAP diluted EPS $0.40 vs $0.23; adjusted EPS $0.34 vs $0.34; net income $98M up 75% YoY.
Element Solutions posts record Adj EBITDA of $535M in FY2024; guides FY2025 Adj EBITDA $520-540M
FY2024 net sales $2.46B (+5% reported, +4% organic); net income $245M (+107%); record Adj EBITDA $535M (+11%).
Element Solutions Q3 net sales +8% to $645M; net income $40M vs loss; guides FY adj EBITDA $535-540M
Net sales $645M (+8% reported, +6% organic); Electronics up 14% to $419M; Industrial & Specialty down 3% to $226M.
Net sales $613M (+5% reported, +4% organic); net income $93M (+213% from $30M).
Element Solutions raises FY 2024 adjusted EBITDA guidance to $530M-$545M
Q2 adjusted EBITDA expected ~$135M; FY guidance raised from $515M-$530M.
Element Solutions Q1 adjusted EBITDA up 17% constant currency; raises FY guidance to $515-530M
Net sales $575M (flat YoY); organic +1%; GAAP net income $56M vs $43M; diluted EPS $0.23 vs $0.18.
Element Solutions Q4 GAAP EPS $0.32 vs $0.05 YoY; guides 2024 adj. EBITDA $510-530M
Full year 2023 net sales $2.33B (-8% reported); net income $118M (-37%); adjusted EBITDA $482M (-8%).
Element Solutions Q3 net loss $32M, sales down 3%; Graphics Solutions goodwill impaired $80M
Net sales $599M, down 3% YoY (organic -3%); Electronics -6%, Industrial & Specialty +1%.
Element Solutions Q2 adj EBITDA $116M (-17%), cuts FY guide to $490-500M
Q2 net sales $586M (-13% reported, -6% organic); GAAP EPS $0.11, adj EPS $0.31 vs $0.38.
Element Solutions say-on-pay fails; all directors elected, ESPP approved
Advisory say-on-pay vote failed with 122.25M against vs 100.65M for (54.8% against).
Element Solutions Q1 sales $574M (-16% reported); adj EBITDA $112M; FY guidance lowered
GAAP diluted EPS $0.18 vs $0.23; Adjusted EPS $0.30 vs $0.38.
Full-year 2022 net sales $2.55B (+6% reported, +5% organic); GAAP diluted EPS $0.75 vs $0.82 in 2021.
Element Solutions Q3 adjusted EPS $0.36, adj. EBITDA $134M; lowers FY22 adj. EBITDA to $525-530M
GAAP diluted EPS $0.22 vs $0.15; adjusted EPS $0.36 vs $0.34.
Element Solutions Q2 net sales +15% to $677M; adjusted EBITDA guidance cut on FX headwind
GAAP diluted EPS $0.25 vs $0.32 YoY; adjusted EPS $0.38 vs $0.35 YoY.
Net sales $680M (+24% reported, +7% organic); GAAP diluted EPS $0.23 vs $0.33 prior year.
ESI reports FY2021 adj. EPS $1.38 (+44% YoY); guides FY2022 adj. EBITDA $575-590M
FY2021 net sales $2.40B, +29% reported / +13% organic vs 2020; GAAP diluted EPS $0.82 vs $0.31.
Element Solutions Q3 net sales up 29% to $616M; raises FY adjusted EBITDA guidance to $515-525M
Net sales $616M (+29% YoY); organic sales +13% (Electronics +11%, Industrial +15%).
Element Solutions adds $400M term loan to fund Coventya acquisition; swaps to euro
Borrowed $400M new USD term loans under existing $750M tranche B; total credit facilities now $1.48B.
Element Solutions Q2 net sales $587M (+52% YoY); raises FY adj EBITDA guidance to $505-520M
GAAP diluted EPS $0.32 vs $0.01; adjusted EPS $0.35 vs $0.18; net income $79M vs $2M.
On October 2, 2024, John E. Capps, Executive Vice President, General Counsel and Secretary of Element Solutions Inc (the "Company"), announced his intention to retire from his current position at a date to be determined in 2025.
Richard L. Fricke, an executive officer and Senior Vice President, Electronics of the Company, will replace Mr. D'Ambrisi, effective July 1, 2024.
Joseph J. D'Ambrisi will resign as Executive Vice President, Head of Electronics and a named executive officer of the Company, effective July 1, 2024.
On February 13, 2024, the Board of Directors of Element Solutions (the "Board") appointed Richard L. Fricke as Senior Vice President, Electronics and as an executive officer of Element Solutions, effective immediately.
On February 13, 2024, the Board also appointed Matthew Liebowitz as Executive Vice President, Strategy and Head of Industrial & Specialty and as an executive officer of Element Solutions, effective immediately.
Michael Goralski, a named executive officer of the Company, retired as Executive Vice President, Head of Industrial & Specialty, effective December 31, 2023.
Max materiality 0.90 · Median 0.75 · Most common event earnings