Element Solutions Inc (ESI)
Return on assets (ROA)
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 286,200 | 244,200 | 266,600 | 194,500 | 131,200 | 118,100 | 53,700 | 138,700 | 174,000 | 187,200 | 178,400 | 161,200 | 177,100 | 203,300 | 229,300 | 229,300 | 149,400 | 75,700 | 120,200 | 77,300 |
| Total assets | US$ in thousands | 4,794,600 | 4,873,900 | 5,098,200 | 4,982,400 | 4,912,200 | 4,974,100 | 4,968,800 | 5,061,000 | 4,926,500 | 4,903,700 | 4,869,700 | 5,009,700 | 5,128,800 | 5,138,400 | 5,182,900 | 4,643,800 | 4,476,700 | 4,483,400 | 4,326,800 | 4,218,700 |
| ROA | 5.97% | 5.01% | 5.23% | 3.90% | 2.67% | 2.37% | 1.08% | 2.74% | 3.53% | 3.82% | 3.66% | 3.22% | 3.45% | 3.96% | 4.42% | 4.94% | 3.34% | 1.69% | 2.78% | 1.83% |
March 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $286,200K ÷ $4,794,600K
= 5.97%
The analysis of Element Solutions Inc.'s return on assets (ROA) over the specified period reveals notable fluctuations and trends. Initially, the ROA was relatively modest at 1.83% as of June 30, 2020, indicating limited efficiency in generating net income from total assets during that period. This figure increased significantly to 2.78% by September 30, 2020, and thereafter experienced a decline to 1.69% by December 31, 2020.
Starting from the first quarter of 2021, the ROA demonstrated a marked upward trajectory, reaching 3.34% in March 2021 and peaking at 4.94% in June 2021. Throughout the second half of 2021, the ROA moderated somewhat but remained elevated relative to earlier periods, with values of 4.42% (September 2021) and 3.96% (December 2021). The first quarter of 2022 saw a slight decrease to 3.45%, followed by continued modest declines through the subsequent quarters—3.22% in June 2022, 3.66% in September 2022, and 3.82% in December 2022.
In 2023, the ROA continued its downward trend at the start of the year, with values of 3.53% (March 2023) and further decreasing to 2.74% (June 2023), before reaching a low of 1.08% in September 2023. Subsequently, there was a slight recovery to 2.37% by December 2023. The initial part of 2024 showed a rebound to 2.67% in March, followed by notable increases to 3.90% in June, 5.23% in September, and 5.01% in December. The latest available data point for March 2025 indicates a further increase to 5.97%.
Overall, the ROA trend reflects periods of growth interspersed with decline, suggesting variability in asset utilization efficiency and profitability. The recent upward movement in 2024 and early 2025 indicates an improvement in asset effectiveness in generating net income, although the earlier periods exhibit considerable fluctuation, pointing to potential operational or market influences affecting profitability over time.
Peer comparison
Mar 31, 2025