Element Solutions ESI
NYSE ESI
$36.35 +0.07 (+0.19%)
As of: Oct 1, 2026 · 3:59 PM EDT

Element Solutions (ESI) Tax Rate (2013 - 2026)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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%
API Access

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