Element Solutions Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	239.4	244.2	118.1	187.2	203.3	75.7
Depreciation & Amortization	151.8	157.6	166.7	161.3	163.9	161.4
Asset Writedown & Restructuring Costs	-	-	80	-	-	-
Stock-Based Compensation	19.1	14.8	9.4	17.7	40.1	6
Other Operating Activities	21.5	-42	-40.3	28.9	-35.5	38.7
Change in Accounts Receivable	-35.1	-29.9	-6.8	6.4	-48.7	-27.3
Change in Inventory	-5.8	7.8	-9.5	-31.2	-46.5	1.4
Change in Accounts Payable	14.9	-1	0.3	-0.1	16.8	-5.3
Change in Other Net Operating Assets	-8.8	10.5	15.7	-74.3	32.6	25.4
Operating Cash Flow	337.4	363.6	335.8	297.7	322.5	261.3
Operating Cash Flow Growth	0.42%	8.28%	12.80%	-7.69%	23.42%	2803.33%
Capital Expenditures	-67.5	-68.4	-52.7	-47.8	-46.3	-28.8
Sale of Property, Plant & Equipment	0.8	-	1.4	4.8	-	1.7
Cash Acquisitions	-	-3.9	-214.8	-22.6	-536.5	-9
Other Investing Activities	30.4	-1.5	15.9	-9.6	13.9	-3.8
Investing Cash Flow	287.5	-73.8	-250.2	-75.2	-568.9	-39.9
Long-Term Debt Issued	-	1,040	1,297	-	398	800
Total Debt Issued	1,040	1,040	1,297	-	398	800
Long-Term Debt Repaid	-	-1,153	-1,264	-16.4	-10	-807.9
Total Debt Repaid	-1,347	-1,153	-1,264	-16.4	-10	-807.9
Net Debt Issued (Repaid)	-306.5	-112.5	33	-16.4	388	-7.9
Repurchase of Common Stock	-19.4	-	-	-151	-19.6	-55.7
Common Dividends Paid	-77.8	-78.2	-77.4	-78.4	-61.9	-12.4
Other Financing Activities	-1.7	-15.9	-14.3	-29.8	-16.5	-47.6
Financing Cash Flow	-405.4	-206.6	-58.7	-275.6	290	-123.6
Foreign Exchange Rate Adjustments	-1.2	-13.1	-3.2	-11.4	-5.4	4
Net Cash Flow	218.3	70.1	23.7	-64.5	38.2	101.8
Free Cash Flow	269.9	295.2	283.1	249.9	276.2	232.5
Free Cash Flow Growth	-1.32%	4.27%	13.29%	-9.52%	18.80%	-
Free Cash Flow Margin	10.80%	12.02%	12.13%	9.80%	11.51%	12.54%
Free Cash Flow Per Share	1.11	1.22	1.17	1.02	1.11	0.93
Cash Interest Paid	64.8	64.8	56.1	46.9	50.6	51.8
Cash Income Tax Paid	87.2	87.2	73.7	66.5	71.2	80.5
Levered Free Cash Flow	331.5	281.53	286.21	250.75	227.98	203.55
Unlevered Free Cash Flow	365.5	316.71	317.03	282.75	261.85	243.18
Change in Working Capital	-34.8	-12.6	-0.3	-99.2	-45.8	-5.8

Source: S&P Global Market Intelligence. Standard template. Financial Sources.