company ESI - SteadyBase

steadybase-$ company ESI

account_id none on file

legal_name Element Solutions Inc

ticker ESI

cik 1590714

domain elementsolutionsinc.com

linkedin_company_url https://www.linkedin.com/company/element-solutions-inc

entry_point_account_id none on file

name Element Solutions Inc.

exchange NYSE

sector Industrials

irhttps://ir.elementsolutionsinc.com/Investors/overview/default.aspx

sector index/company/sector/industrials/

calls 19 filings 30 executives 19 family 0

why_now

innovation cycles are accelerating. This trend will continue, and we're increasing investments to better serve our customers, whether an inventory to support volume growth, additional manufacturing capacity for certain high-growth product line

Jul 29, 2026 / receipt

calls

Even when asset utilization declines because of units and similarly, as we got through earlier, this is a people based business and a lot of that people based expense is variable. Whether that's travel, marketing, incentive compensation, that all goes away in periods of weakness so we can sustain strong EBITDA margins and we generate more cash in the downturn.

And similarly, as we got through earlier, this is a people based business. And a lot of that people based expense is variable, whether that's travel, marketing, incentive compensation, that all goes away in periods of weakness.

May 14, 2026 / receipt / Ben Glicklitch, CEO | earnings call 2026-05-14 | transcript 9102ed99-74ba-4821-9084-c6dffd5f9b36 | chars 17684-17911 | segment 17

We can almost automatically take dramatic costs out of the business from incentive compensation, quickly tighten our belt around travel and other discretionary expense line items. without damaging the long-term growth trajectory of the business.

Apr 24, 2025 / receipt, needs a key / Ben Glicklich, CEO | earnings call 2025-04-24 | transcript 6386707f-7a89-43b1-9414-dcf6fe50ddc8 | chars 17431-17676 | segment 17

So one of the hallmarks of the business is its variable operating cost nature. When, you know, demand isn't strong, when end markets are soft, we're able to manage costs in such a way that preserves profit, but doesn't damage the long-term growth trajectory of the business. And that is, you know, incentive compensation by and large, but also things like travel and marketing.

Feb 21, 2024 / receipt, needs a key / Duffy Fisher, other | earnings call 2024-02-21 | transcript 4d662d24-ed32-489a-a7bb-c48de18fde84 | chars 23762-24139 | segment 24

And when the company is not growing, all of those levers are at play. And so we have plans around cost containment. some of which are temporary around travel and so forth.

Jul 27, 2023 / receipt, needs a key / Ben Glicklich, CEO | earnings call 2023-07-27 | transcript e3b15fab-794f-4f97-9780-6960008265c9 | chars 21261-21432 | segment 20

This expectation is based on sequentially higher level of revenue, but also slightly softer margins driven by the impact of still elevated raw materials and freight costs, higher OPEX from travel and our annual salary increases, and it also includes an estimate of the impact from the lockdowns in Shanghai and a stronger U.S. dollar.

Apr 27, 2022 / receipt, needs a key / Ben, CEO | earnings call 2022-04-27 | transcript ab87babf-2ff7-42c9-a00f-57c3c07ba8fc | chars 15221-15555 | segment 15

We saw a modest increase in SG&A driven by mid-year merit increases, a pickup in customer-related travel, and the inclusion of one month of Coventry results in the quarter as well.

Oct 28, 2021 / receipt, needs a key / Ben Glicklich, CEO | earnings call 2021-10-28 | transcript ea96ddcb-c5ce-4910-a08b-560da0ac2429 | chars 11638-11818 | segment 11

Operating expense was higher sequentially but remains well controlled as international travel is still suppressed and we're harvesting the benefit of certain cost savings initiatives. We expect a modest sequential increase in OPEX over the remainder of the year as economies continue the process of reopening more fully.

Jul 30, 2021 / receipt, needs a key / Ben Glicklich, CEO | earnings call 2021-07-30 | transcript c91ab05c-4378-4c34-b873-654cdcd229e4 | chars 5824-6144 | segment 6

The second is OPEX as we begin to travel a bit more normally.

Jul 30, 2021 / receipt, needs a key / Ben Glicklich, CFO | earnings call 2021-07-30 | transcript c91ab05c-4378-4c34-b873-654cdcd229e4 | chars 22582-22643 | segment 23

At the same time, our operating expense reflects muted travel across all regions.

Apr 30, 2021 / receipt, needs a key / Ben Glicklich, CEO | earnings call 2021-04-30 | transcript 2109438c-a786-4e32-9070-42967903a8a3 | chars 5388-5469 | segment 5

This expectation is based on a similar top-line result, with slightly lower margins, driven by the impact of headwinds from rising raw materials and freight costs, higher op-ex from travel and our annual salary increases, and a modestly stronger U.S. dollar.

Apr 30, 2021 / receipt, needs a key / Ben Glicklich, CEO | earnings call 2021-04-30 | transcript 2109438c-a786-4e32-9070-42967903a8a3 | chars 10937-11195 | segment 11

First, with regard to OPEX, you know, we are seeing progress against COVID and we do expect travel to increase sequentially, which is part of the driver in addition to annual salary increases.

Apr 30, 2021 / receipt, needs a key / Ben (CEO), CEO | earnings call 2021-04-30 | transcript 2109438c-a786-4e32-9070-42967903a8a3 | chars 21655-21847 | segment 22

filings

$17 million capex spend driven by growth investments