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Element Solutions vs Orion: revenue, profit, margins and growth compared

Element Solutions brought in $2.6B of revenue in fiscal 2025, Orion $1.8B in fiscal 2025. Revenue changed by +3.8% at Element Solutions and -3.8% at Orion on the year before, so Element Solutions grew faster. Element Solutions kept 7.5% of its revenue as net profit, Orion -3.9%. Free cash flow was $227.6M at Element Solutions and $54.8M at Orion.

Side by side, latest fiscal year

ESIOEC
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2.6B$1.8B
Revenue growth+3.8%-3.8%
Net income$190.8M-$70.1M
Net margin7.5%-3.9%
Free cash flow$227.6M$54.8M
Free cash flow margin8.9%3.0%
Earnings per share (diluted)$0.79-$1.24
Cash$626.5M$60.7M
Debt$1.6B$979.5M
Price to earnings45.2n/a
Market value$8.7B$332.9M
Dividend yield0.90%1.36%
Rank by revenue in sector#196 of 451 · Industrials#229 of 451 · Industrials

Over the years

Revenue
ESI FY2018: $2BESI FY2019: $1.8BESI FY2020: $1.9BESI FY2021: $2.4BESI FY2022: $2.5BESI FY2023: $2.3BESI FY2024: $2.5BESI FY2025: $2.6BOEC FY2018: $1.6BOEC FY2019: $1.5BOEC FY2020: $1.1BOEC FY2021: $1.5BOEC FY2022: $2BOEC FY2023: $1.9BOEC FY2024: $1.9BOEC FY2025: $1.8BFY18FY19FY20FY21FY22FY23FY24FY25
ESI $2.6BOEC $1.8B
Net income
ESI FY2018: -$324.4MESI FY2019: $92.2MESI FY2020: $75.7MESI FY2021: $203.3MESI FY2022: $187.2MESI FY2023: $118.1MESI FY2024: $244.2MESI FY2025: $190.8MOEC FY2018: $121.3MOEC FY2019: $86.9MOEC FY2020: $18.2MOEC FY2021: $134.7MOEC FY2022: $106.2MOEC FY2023: $103.5MOEC FY2024: $44.2MOEC FY2025: -$70.1MFY18FY19FY20FY21FY22FY23FY24FY25
ESI $190.8MOEC -$70.1M
Net margin
ESI FY2018: -16.5%ESI FY2019: 5.0%ESI FY2020: 4.1%ESI FY2021: 8.5%ESI FY2022: 7.3%ESI FY2023: 5.1%ESI FY2024: 9.9%ESI FY2025: 7.5%OEC FY2018: 7.7%OEC FY2019: 5.9%OEC FY2020: 1.6%OEC FY2021: 8.7%OEC FY2022: 5.2%OEC FY2023: 5.5%OEC FY2024: 2.4%OEC FY2025: -3.9%FY18FY19FY20FY21FY22FY23FY24FY25
ESI 7.5%OEC -3.9%
Revenue growth
ESI FY2019: -6.4%ESI FY2020: +1.0%ESI FY2021: +29.5%ESI FY2022: +6.2%ESI FY2023: -8.5%ESI FY2024: +5.3%ESI FY2025: +3.8%OEC FY2019: -6.5%OEC FY2020: -23.0%OEC FY2021: +36.1%OEC FY2022: +31.3%OEC FY2023: -6.7%OEC FY2024: -0.9%OEC FY2025: -3.8%FY19FY20FY21FY22FY23FY24FY25
ESI +3.8%OEC -3.8%
Free cash flow
ESI FY2018: -$29.2MESI FY2019: $141.2MESI FY2020: $247.2MESI FY2021: $279.7MESI FY2022: $248.1MESI FY2023: $280.9MESI FY2024: $293.6MESI FY2025: $227.6MOEC FY2018: $10.9MOEC FY2019: $72.8MOEC FY2020: -$13.5MOEC FY2021: -$69.5MOEC FY2022: -$151.8MOEC FY2023: $173.1MOEC FY2024: -$81.4MOEC FY2025: $54.8MFY18FY19FY20FY21FY22FY23FY24FY25
ESI $227.6MOEC $54.8M

Fiscal years as each company reports them; the two may end in different months.

Questions about Element Solutions and Orion

Which is bigger by revenue, Element Solutions or Orion?

Element Solutions is bigger by revenue: $2.6B in fiscal 2025, against $1.8B for Orion in fiscal 2025.

Which keeps more of its revenue as profit, Element Solutions or Orion?

Element Solutions had a net margin of 7.5% in fiscal 2025; Orion had -3.9% in fiscal 2025.

Which grew revenue faster, Element Solutions or Orion?

In their latest fiscal years revenue changed by +3.8% at Element Solutions and -3.8% at Orion.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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