Element Solutions Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Element Solutions Inc (ESI) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Element Solutions Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 3,489M vs 4,838M combined for its competitors (41.9% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+14.1% annualized vs trailing 12 months), vs accelerating (+11.0%) for its tracked peer group.
- Growth: Element Solutions Inc generated 51.7% revenue growth year over year in Q3 2026, vs 14.1% for its competitors combined.
- Profitability: Its 6.6% net margin compares with 2.1% for the peer group.
- Scale: Element Solutions Inc ranks #10 of 81 companies by market capitalization in the Chemical Manufacturing industry, holding 1.5% of industry market cap.
- Peer revenue share: Element Solutions Inc accounted for 42.6% of combined revenue among its tracked peer group, up from 35.8% a year earlier.
- Peer differentiation: Revenue per employee of $0.67M compares with $0.37M for the peer group (1.8x).
- Structure: Element Solutions Inc operates in the following segments: Electronics, Specialties.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
ESI Sales vs. its Competitors, Q3 2026
Element Solutions Inc reported revenue growth of 51.70 % year on year in Q3 2026, above its competitors' combined revenue growth of 14.14 %.
With a net margin of 6.60 %, Element Solutions Inc achieved higher profitability than its competitors (2.11 %).
Element Solutions Inc generated 42.58 % of the combined sales of its peer group, up from 35.81 % a year earlier.
API endpoints for this dataset
Element Solutions Inc vs. its Competitors, Q3 2026
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Element Solutions Inc reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Element Solutions Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Element Solutions Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (3) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (9) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (4) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Element Solutions Inc's competitor groups requires a Commercial License.
For context: the Chemical Manufacturing industry grew revenue 1.9% year over year, combined, vs 51.7% for Element Solutions Inc. Element Solutions Inc's share of combined industry revenue moved from 0.72% to 1.07%, a gain of 0.35 percentage points.
Element Solutions Inc's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Element Solutions Inc | Yes | Yes | Yes | No |
| Competitors combined (3) | ||||
| High-Confidence Competitors (5) | ||||
| Similar-Size Competitors (10) | ||||
| Similar Growth & Profitability (8) | 87.50 % (7 of 8) | 100.00 % (8 of 8) | 100.00 % (8 of 8) | 12.50 % (1 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
ESI Stock Performance relative to its Competitors
ESI Stock Performance relative to High-Confidence Competitors
ESI Stock Performance relative to Similar-Size Competitors
ESI Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Patterson uti Energy Inc | 282.9% | Outperformed |
| 2 | Helmerich and Payne inc | 282.9% | Outperformed |
| 3 | Premier Air Charter Holdings Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Element Solutions Inc's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Element Solutions Inc's Comment on Competition and Industry Peers
Publicly Traded Peers of Element Solutions Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 Element Solutions Inc |
7,640.00 | 3,489.40 |
 Patterson uti Energy Inc |
3,812.81 | 4,838.35 |
 Helmerich and Payne inc |
3,523.06 | 3,995.99 |
 Premier Air Charter Holdings Inc |
15.11 | 31.56 |
| SUBTOTAL | 14,990.97 | 12,355.30 |
Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Element Solutions Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Element Solutions Inc's Competitors Named by the Company
Competitive relationships identified from Element Solutions Inc reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Tenon Medical Inc | Company report | 85% |
| Qnity Electronics Inc | Company report | 85% |
| Dupont De Nemours Inc | Company report | 85% |
| Ul Solutions Inc | Company report | 85% |
| Ipsidy Inc | Company report | 85% |
Company report basis, confidence, active dates and source counts for Element Solutions Inc's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
Element Solutions Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Element Solutions Inc | Electronics 78.33 % |
| Patterson uti Energy Inc | Completions Services 60.22 % |
| Helmerich and Payne inc | North America Solutions 55.45 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Element Solutions Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Element Solutions Inc | 7,640 | 671,038 | 39,462 |
| Patterson uti Energy Inc | 3,813 | 612,449 | -3,113 |
| Helmerich and Payne inc | 3,523 | 252,911 | -8,129 |
| Premier Air Charter Holdings Inc | 15 | 644,121 | -83,385 |
| PEERS TOTAL | 7,351 | 373,317 | -6,616 |
Element Solutions Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Helmerich and Payne inc | United States 58.76 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Element Solutions Inc's Position in Industry Market Structure
Market-capitalization share and concentration across all 76 companies in Element Solutions Inc's industry classification, broader than the peer set above. Market cap in millions of $.Element Solutions Inc ranks #10 of 76 companies by market capitalization in its industry, holding 1.50 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 2,476, indicating a moderately concentrated market structure (see Methodology: Market Structure & Concentration).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Linde Plc | 239,345 | 46.99 % |
| 2 | Air Products And Chemicals Inc | 67,918 | 13.33 % |
| 3 | Ppg Industries Inc | 27,401 | 5.38 % |
| 4 | International Flavors and Fragrances Inc | 21,233 | 4.17 % |
| 5 | Lyondellbasell Industries N v | 1,234 | 5.2% |
| 6 | Rpm International Inc | 1,234 | 5.2% |
| 7 | Westlake Corporation | 1,234 | 5.2% |
| 8 | Corteva Inc | 1,234 | 5.2% |
| 9 | Axalta Coating Systems Ltd | 1,234 | 5.2% |
| 10 | Element Solutions Inc | 7,646 | 1.50 % |
Market cap and industry share for the rest of Element Solutions Inc's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-11-06.
Element Solutions Inc's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 5 | Lyondellbasell Industries N v | 19,615 | 38.74 % |
| 6 | Rpm International Inc | 13,178 | -3.91 % |
| 7 | Westlake Corporation | 8,158 | -2.87 % |
| 8 | Corteva Inc | 7,971 | -81.40 % |
| 9 | Axalta Coating Systems Ltd | 1,234 | 12.3% |
| 10 | Element Solutions Inc | 7,646 | 15.44 % |
| 11 | Newmarket Corporation | 1,234 | 12.3% |
| 12 | Balchem Corp | 1,234 | 12.3% |
| 13 | Celanese Corporation | 1,234 | 12.3% |
| 14 | Sensient Technologies Corp | 1,234 | 12.3% |
| 15 | Perimeter Solutions Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Element Solutions Inc's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-11-06. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Element Solutions Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Chemical Manufacturing industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (116 companies). See the full Chemical Manufacturing industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 36.56 % | 22.62 % (avg) | +13.9 pp |
| Operating Margin | 11.71 % | industry median | +1.8 pp |
| EBITDA Margin | 19.72 % | 1.52 % (avg) | +18.2 pp |
| Capital Intensity (Capex / Revenue) | 2.88 % | 7.74 % (avg) | -4.9 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Element Solutions Inc's Valuation vs Competitive Position
Valuation multiples vs the Chemical Manufacturing industry average (116 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Chemical Manufacturing industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 43.9x | 26.0x | +17.8x |
| EV / EBITDA | 17.0x | 13.4x | +3.6x |
| P/B | 3.2x | 3.8x | -0.6x |
| Return on Equity | 7.36 % | industry aggregate | -1.15 % |
| Return on Invested Capital | 4.62 % | -0.85 % (avg) | 5.47 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Element Solutions Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | -48.07 % | -6.38 % | 0.97 % | 29.46 % | 6.23 % | -8.51 % | 5.33 % | 3.84 % |
| Operating Margin | 12.67 % | 13.57 % | 12.55 % | 12.50 % | 12.76 % | 7.44 % | 14.00 % | 13.41 % |
| Return on Invested Capital | 2.21 % | 3.98 % | 3.73 % | 4.31 % | 4.64 % | 2.50 % | 4.91 % | 4.67 % |
| P/E | - | 32.7x | 51.1x | 29.0x | 24.7x | 41.3x | 26.8x | 33.3x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Element Solutions Inc's Strategic Group Map
Element Solutions Inc is shown in red; its closest peers by combined growth, margin and ROIC are labeled. See Methodology: Strategic Group Map for how this chart is built.
Element Solutions Inc's trailing-12-month revenue growth of 39.6% and operating margin of 11.7% compares with an average of 27.7% growth and 12.8% margin across its 8 closest peers by combined growth, margin and ROIC -- Element Solutions Inc sits above that peer average on growth and below it on margin.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Element Solutions Inc's BCG Growth-Share Matrix
See Methodology: BCG Growth-Share Matrix for how relative share and growth are calculated and thresholded.
Element Solutions Inc falls in the Dog quadrant: relative market share of 0.03x vs its largest competitor, in an industry growing revenue 2.4% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution. A caveat worth reading alongside this chart: Linde Plc alone holds 47% of this industry's market cap. In an industry this dominated by one leader, the framework will place nearly every OTHER company in "Dog" or "Question Mark" purely because relative share is measured against that leader, regardless of how strong those other companies actually are on their own fundamentals. Check the Profitability, Valuation and Financial Strength sections above before treating this quadrant label as a verdict.
Element Solutions Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | Moderate | Industry HHI of 2,476 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 2.88 % vs industry average 7.74 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on Element Solutions Inc's dedicated Suppliers and Customers pages, not here.
Element Solutions Inc's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
Element Solutions Inc falls in the Low attractiveness / Medium strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Element Solutions Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Latest-quarter revenue run-rate is accelerating (+14.1% annualized vs trailing 12 months).
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
- Low relative market share vs the industry leader (0.03x).
Opportunities
No rule matched.
Threats
- Industry dominated by Linde Plc, holding 46.99 % of industry market cap.
Methodology: see Methodology: SWOT Analysis.
Element Solutions Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Element Solutions Inc | 0.59 | 2.98 | 1.09 |
| Patterson uti Energy Inc | 0.17 | 1.74 | 0.39 |
| Helmerich and Payne inc | 0.24 | 1.81 | 0.73 |
| Premier Air Charter Holdings Inc | 0.00 | 0.21 | 1.85 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Element Solutions Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Element Solutions Inc | Q3 2026 | +51.7 % | +67.2 % |
| Patterson uti Energy Inc | Q3 2026 | +14.1 % | - |
| Helmerich and Payne inc | Q2 2026 | -0.6 % | - |
| Premier Air Charter Holdings Inc | Q2 2026 | -22.1 % | - |
| PEERS TOTAL | +17.3 % | - |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Element Solutions Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Element Solutions Inc | Q3 2026 | +72.2 % | +84.2 % |
| Patterson uti Energy Inc | Q3 2026 | +308.0 % | -2.2 % |
| Helmerich and Payne inc | Q2 2026 | +3.6 % | -28.1 % |
| Premier Air Charter Holdings Inc | Q2 2026 | -19.2 % | -22.6 % |
Element Solutions Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Element Solutions Inc | 3.65% | 3.38% | 7.36% |
| Patterson uti Energy Inc | - | - | - |
| Helmerich and Payne inc | - | - | - |
| Premier Air Charter Holdings Inc | - | - | - |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Element Solutions Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Element Solutions Inc | 37.32 | 2.19 |
| Patterson uti Energy Inc | - | 0.79 |
| Helmerich and Payne inc | - | 0.88 |
| Premier Air Charter Holdings Inc | - | 0.48 |
| PEERS AVERAGE | 311.81 | 1.21 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.