Element Solutions (ESI) Tax Rate (2013 - 2026)
Element Solutions (ESI) posted Tax Rate of 27.82% for Q2 2026, down 13.82% on a QoQ basis from 32.29% in Q1 2026, and up 286.0% year-over-year from 7.21% in Q2 2025.
Analysis
Element Solutions (ESI) Tax Rate (2013 - 2026) Analysis & Trends
Element Solutions has reported Tax Rate for 14 years, with the latest figure at 27.82% in Q2 2026.
- On a quarterly basis, Tax Rate rose 286.0% year-over-year to 27.82% in Q2 2026; TTM through Jun 2026 was 35.29%, a 978.0% increase from a year earlier, with the FY2025 full-year figure at 28.09%, up 1252.0% from the prior year.
- Tax Rate was 27.82% for Q2 2026 at Element Solutions, down from 32.29% in the prior quarter.
- The five-year high for Tax Rate was 80.0% in Q4 2025, with the low at 107.45% in Q4 2023.
- Average Tax Rate over 5 years is 15.9%, with a median of 26.75% recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Tax Rate plunged 17377 bps in 2023, then jumped 14096 bps in 2024.
- Over 5 years, Tax Rate stood at 66.32% in 2022, then tumbled by 262 bps to 107.45% in 2023, then soared by 117 bps to 17.96% in 2024, then soared by 345 bps to 80.0% in 2025, then sank by 65 bps to 27.82% in 2026.
- The last three Tax Rate figures came in at 27.82% (Q2 2026), 32.29% (Q1 2026), and 80.0% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 145.18 Bn | 142.67 Bn | 1.63 Bn | 6.16% |
| 2 | Ati | 28.28 Bn | 27.50 Bn | 309.80 Mn | 20.01% |
| 3 | Qnity Electronics | 26.28 Bn | 25.32 Bn | 666.00 Mn | 31.66% |
| 4 | International Flavors & Fragrances | 21.50 Bn | 20.93 Bn | 853.00 Mn | 48.44% |
| 5 | DuPont de Nemours | 17.40 Bn | 15.66 Bn | 639.00 Mn | 28.20% |
| 6 | Avery Dennison | 12.97 Bn | 12.74 Bn | 729.40 Mn | 27.80% |
| 7 | Solstice Advanced Materials | 10.03 Bn | 9.28 Bn | 370.00 Mn | 23.86% |
| 8 | Element Solutions | 8.73 Bn | 8.54 Bn | 334.00 Mn | 27.82% |
| 9 | Eastman Chemical | 7.82 Bn | 7.13 Bn | 560.00 Mn | 23.15% |
| 10 | Hexcel | 6.84 Bn | 6.78 Bn | 138.10 Mn | 18.81% |
Historic Data
Download Data
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% |
| Jun 30, 2024 | -23.58% |
| Mar 31, 2024 | 19.42% |
| Dec 31, 2023 | -107.45% |
| Sep 30, 2023 | -93.29% |
| 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% |