Element Solutions (ESI) Gross Margin (2013 - 2026)
Element Solutions (ESI) recorded Gross Margin of 34.15% in Q2 2026, down 8.46 percentage points from 42.61% a year earlier and down 4.26 percentage points from the prior quarter.
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Analysis
Element Solutions (ESI) Gross Margin (2013 - 2026) Analysis & Trends
On a TTM basis, Element Solutions' Gross Margin came in at 38.42% as of Jun 30, 2026, down 3.40 percentage points year-over-year; for FY2025, it came in at 41.96%, down 0.19 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -0.44 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 42.15% in FY2024 (+2.79 pp), 39.37% in FY2023 (+2.00 pp), 37.37% in FY2022 (-2.67 pp) and 40.04% in FY2021 (-2.37 pp).
- The Q2 2026 figure is the lowest quarterly Gross Margin in data going back to Q1 2014.
- On a year-over-year basis, Gross Margin has declined for three consecutive quarters, with an average year-over-year change of -1.16 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 4.62 percentage points in Q2 2024, against a drop of 8.46 percentage points in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 38.42% (Q1 2026), 40.91% (Q4 2025) and 42.22% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn | 47.67% |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn | 36.14% |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn | 49.17% |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn | 32.77% |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn | 57.39% |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn | 22.21% |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn | 30.07% |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn | 46.61% |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn | 24.57% |
| 10 | Element Solutions | 8.84 Bn | 7.27 Bn | 334.00 Mn | 34.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.15% |
| Mar 31, 2026 | 38.42% |
| Dec 31, 2025 | 40.91% |
| Sep 30, 2025 | 42.22% |
| Jun 30, 2025 | 42.61% |
| Mar 31, 2025 | 42.19% |
| Dec 31, 2024 | 41.01% |
| Sep 30, 2024 | 41.47% |
| Jun 30, 2024 | 43.61% |
| Mar 31, 2024 | 42.61% |
| Dec 31, 2023 | 38.42% |
| Sep 30, 2023 | 40.36% |
| Jun 30, 2023 | 38.99% |
| Mar 31, 2023 | 39.66% |
| Dec 31, 2022 | 37.99% |
| Sep 30, 2022 | 35.88% |
| Jun 30, 2022 | 36.90% |
| Mar 31, 2022 | 38.67% |
| Dec 31, 2021 | 36.61% |
| Sep 30, 2021 | 39.68% |
API Access
Element Solutions Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=ESI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ESI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=ESI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();