Element Solutions Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	190.8	244.2	118.1	187.2	203.3
Depreciation & Amortization	151.2	157.6	166.7	161.3	163.9
Loss (Gain) From Sale of Assets	-59	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	80	-	-
Stock-Based Compensation	59.1	14.8	9.4	17.7	40.1
Other Operating Activities	26.2	-42	-40.3	28.9	-35.5
Change in Accounts Receivable	-57.6	-29.9	-6.8	6.4	-48.7
Change in Inventory	-39.1	7.8	-9.5	-31.2	-46.5
Change in Accounts Payable	27.4	-1	0.3	-0.1	16.8
Change in Other Net Operating Assets	-9.2	10.5	15.7	-74.3	32.6
Operating Cash Flow	289.8	363.6	335.8	297.7	322.5
Operating Cash Flow Growth	-20.30%	8.28%	12.80%	-7.69%	23.42%
Capital Expenditures	-62.2	-68.4	-52.7	-47.8	-46.3
Sale of Property, Plant & Equipment	1.5	-	1.4	4.8	-
Cash Acquisitions	-	-3.9	-214.8	-22.6	-536.5
Divestitures	321.2	-	-	-	-
Other Investing Activities	25.6	-1.5	15.9	-9.6	13.9
Investing Cash Flow	286.1	-73.8	-250.2	-75.2	-568.9
Long-Term Debt Issued	-	1,040	1,297	-	398
Total Debt Issued	-	1,040	1,297	-	398
Long-Term Debt Repaid	-202.6	-1,153	-1,264	-16.4	-10
Total Debt Repaid	-202.6	-1,153	-1,264	-16.4	-10
Net Debt Issued (Repaid)	-202.6	-112.5	33	-16.4	388
Repurchase of Common Stock	-25	-	-	-151	-19.6
Common Dividends Paid	-77.8	-78.2	-77.4	-78.4	-61.9
Other Financing Activities	-15	-15.9	-14.3	-29.8	-16.5
Financing Cash Flow	-320.4	-206.6	-58.7	-275.6	290
Foreign Exchange Rate Adjustments	11.6	-13.1	-3.2	-11.4	-5.4
Net Cash Flow	267.1	70.1	23.7	-64.5	38.2
Free Cash Flow	227.6	295.2	283.1	249.9	276.2
Free Cash Flow Growth	-22.90%	4.27%	13.29%	-9.52%	18.80%
Free Cash Flow Margin	8.92%	12.02%	12.13%	9.80%	11.51%
Free Cash Flow Per Share	0.94	1.22	1.17	1.02	1.11
Cash Interest Paid	68.6	64.8	56.1	46.9	50.6
Cash Income Tax Paid	98.8	87.2	73.7	66.5	71.2
Levered Free Cash Flow	335.6	279.09	288.9	244.81	227.98
Unlevered Free Cash Flow	368.98	314.28	319.71	276.81	261.85
Change in Working Capital	-78.5	-12.6	-0.3	-99.2	-45.8

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