GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Element Solutions Inc (FRA:PLQ) » Definitions » Gross-Profit-to-Asset %

Element Solutions (FRA:PLQ) Gross-Profit-to-Asset % : 19.86% (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Element Solutions Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Element Solutions's annualized Gross Profit for the quarter that ended in Mar. 2024 was €902 Mil. Element Solutions's average Total Assets over the quarter that ended in Mar. 2024 was €4,540 Mil. Therefore, Element Solutions's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 19.86%.


Element Solutions Gross-Profit-to-Asset % Historical Data

The historical data trend for Element Solutions's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Element Solutions Gross-Profit-to-Asset % Chart

Element Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.67 17.05 20.66 19.60 18.33

Element Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.44 18.20 19.44 17.53 19.86

Competitive Comparison of Element Solutions's Gross-Profit-to-Asset %

For the Specialty Chemicals subindustry, Element Solutions's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Element Solutions's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Element Solutions's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Element Solutions's Gross-Profit-to-Asset % falls into.



Element Solutions Gross-Profit-to-Asset % Calculation

Element Solutions's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=842.264/( (4629.093+4561.25)/ 2 )
=842.264/4595.1715
=18.33 %

Element Solutions's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=901.6/( (4561.25+4519.224)/ 2 )
=901.6/4540.237
=19.86 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Element Solutions Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Element Solutions's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Element Solutions (FRA:PLQ) Business Description

Traded in Other Exchanges
Address
500 East Broward Boulevard, Suite 1860, Fort Lauderdale, FL, USA, 33394
Element Solutions Inc is a specialty chemicals company whose businesses supply a broad range of solutions that enhance the performance of products people use every day. The company has two segments which are Electronics and Industrial & Specialty. The Industrial & Specialty segment researches, formulates and sells specialty chemicals and process technologies that enhance surfaces or improve industrial processes in diverse industrial sectors from automotive trim to transcontinental infrastructure and from high-speed printing to high-design faucets. The electronics segment researches, formulates and sells specialty chemicals and material process technologies for all types of electronics hardware, from complex printed circuit board designs to semiconductor packaging.

Element Solutions (FRA:PLQ) Headlines

No Headlines