Element Solutions (ESI) Tax Rate (2013 - 2026)
Element Solutions' Tax Rate was 27.82% in Q2 2026, up 2.86 percentage points from 24.96% a year earlier but down 4.46 percentage points from the prior quarter.
Element Solutions (ESI) Tax Rate (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, Element Solutions' Tax Rate was 35.29% through Jun 30, 2026, up 9.78 percentage points year-over-year; for FY2025, it came in at 28.09%, up 12.52 percentage points from FY2024.
- Tax Rate shows a five-year change of +22.79 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 15.57% in FY2024 (+5.50 pp), 10.07% in FY2023 (-21.47 pp), 31.54% in FY2022 (+12.35 pp) and 19.19% in FY2021 (+13.89 pp).
- Quarterly Tax Rate has moved between -107.45% (Q4 2023) and 83.91% (Q4 2021) over five years.
- Compared with a year earlier, Tax Rate has increased for three straight quarters, with an average year-over-year change of +46.77 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was Q3 2024 (a gain of 140.96 percentage points); the worst was Q3 2021 (a drop of 393.61 percentage points).
- Per Business Quant data, ESI's Tax Rate in the three quarters before Q2 2026 was 32.29% (Q1 2026), 80.00% (Q4 2025) and 29.19% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn | 23.96% |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn | 6.16% |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn | 24.17% |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn | - |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn | 25.11% |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn | 29.21% |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn | 21.50% |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn | 31.66% |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn | 20.01% |
| 10 | Element Solutions | 8.84 Bn | 7.27 Bn | 334.00 Mn | 27.82% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.82% |
| Mar 31, 2026 | 32.29% |
| Dec 31, 2025 | 80.00% |
| Sep 30, 2025 | 29.19% |
| Jun 30, 2025 | 24.96% |
| Mar 31, 2025 | 15.37% |
| Dec 31, 2024 | 17.96% |
| Sep 30, 2024 | 47.67% |
| Mar 31, 2024 | 19.42% |
| Jun 30, 2023 | 44.17% |
| Mar 31, 2023 | 28.21% |
| Dec 31, 2022 | 66.32% |
| Sep 30, 2022 | 23.64% |
| Jun 30, 2022 | 27.31% |
| Mar 31, 2022 | 26.18% |
| Dec 31, 2021 | 83.91% |
| Sep 30, 2021 | 32.52% |
| Mar 31, 2021 | 27.43% |
| Dec 31, 2020 | 58.24% |
| Jun 30, 2020 | 71.60% |
Element Solutions Tax Rate 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=tax-rate&ticker=ESI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=ESI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();