vs
Side-by-side financial comparison of Element Solutions Inc (ESI) and Ralliant Corp (RAL). Click either name above to swap in a different company.
Element Solutions Inc is the larger business by last-quarter revenue ($840.0M vs $529.1M, roughly 1.6× Ralliant Corp). Ralliant Corp runs the higher net margin — 7.5% vs 6.7%, a 0.9% gap on every dollar of revenue. On growth, Element Solutions Inc posted the faster year-over-year revenue change (41.0% vs -0.5%). Ralliant Corp produced more free cash flow last quarter ($126.6M vs $-74.2M).
Element Solutions Inc is an American specialty chemicals production corporation listed on the New York Stock Exchange.
ESI vs RAL — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $840.0M | $529.1M |
| Net Profit | $56.0M | $39.9M |
| Gross Margin | 38.4% | 50.8% |
| Operating Margin | 13.3% | 9.8% |
| Net Margin | 6.7% | 7.5% |
| Revenue YoY | 41.0% | -0.5% |
| Net Profit YoY | -42.9% | -56.1% |
| EPS (diluted) | $0.23 | $0.35 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $840.0M | — | ||
| Q4 25 | $676.2M | — | ||
| Q3 25 | $656.1M | $529.1M | ||
| Q2 25 | $625.2M | $503.3M | ||
| Q1 25 | $593.7M | — | ||
| Q4 24 | $624.2M | — | ||
| Q3 24 | $645.0M | $531.7M | ||
| Q2 24 | $612.7M | $533.7M |
| Q1 26 | $56.0M | — | ||
| Q4 25 | $6.2M | — | ||
| Q3 25 | $39.3M | $39.9M | ||
| Q2 25 | $47.4M | $47.6M | ||
| Q1 25 | $98.0M | — | ||
| Q4 24 | $54.7M | — | ||
| Q3 24 | $40.3M | $90.9M | ||
| Q2 24 | $93.2M | $64.8M |
| Q1 26 | 38.4% | — | ||
| Q4 25 | 40.9% | — | ||
| Q3 25 | 42.2% | 50.8% | ||
| Q2 25 | 42.6% | 49.3% | ||
| Q1 25 | 42.2% | — | ||
| Q4 24 | 41.0% | — | ||
| Q3 24 | 41.5% | 52.6% | ||
| Q2 24 | 43.6% | 51.5% |
| Q1 26 | 13.3% | — | ||
| Q4 25 | 10.3% | — | ||
| Q3 25 | 15.4% | 9.8% | ||
| Q2 25 | 15.1% | 11.7% | ||
| Q1 25 | 13.0% | — | ||
| Q4 24 | 12.0% | — | ||
| Q3 24 | 14.7% | 20.9% | ||
| Q2 24 | 15.7% | 19.7% |
| Q1 26 | 6.7% | — | ||
| Q4 25 | 0.9% | — | ||
| Q3 25 | 6.0% | 7.5% | ||
| Q2 25 | 7.6% | 9.5% | ||
| Q1 25 | 16.5% | — | ||
| Q4 24 | 8.8% | — | ||
| Q3 24 | 6.2% | 17.1% | ||
| Q2 24 | 15.2% | 12.1% |
| Q1 26 | $0.23 | — | ||
| Q4 25 | $0.03 | — | ||
| Q3 25 | $0.16 | $0.35 | ||
| Q2 25 | $0.20 | $0.42 | ||
| Q1 25 | $0.40 | — | ||
| Q4 24 | $0.22 | — | ||
| Q3 24 | $0.17 | $0.81 | ||
| Q2 24 | $0.39 | $0.57 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $177.3M | $264.2M |
| Total DebtLower is stronger | — | $1.1B |
| Stockholders' EquityBook value | $2.7B | $3.0B |
| Total Assets | $5.7B | $5.3B |
| Debt / EquityLower = less leverage | — | 0.39× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $177.3M | — | ||
| Q4 25 | $626.5M | — | ||
| Q3 25 | $594.3M | $264.2M | ||
| Q2 25 | $529.9M | $198.6M | ||
| Q1 25 | $499.2M | — | ||
| Q4 24 | $359.4M | — | ||
| Q3 24 | $376.0M | — | ||
| Q2 24 | $309.3M | — |
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.6B | $1.1B | ||
| Q2 25 | $1.6B | $1.1B | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $1.9B | — |
| Q1 26 | $2.7B | — | ||
| Q4 25 | $2.7B | — | ||
| Q3 25 | $2.7B | $3.0B | ||
| Q2 25 | $2.6B | $3.0B | ||
| Q1 25 | $2.5B | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.4B | $4.0B | ||
| Q2 24 | $2.4B | $4.0B |
| Q1 26 | $5.7B | — | ||
| Q4 25 | $5.1B | — | ||
| Q3 25 | $5.0B | $5.3B | ||
| Q2 25 | $5.0B | $5.2B | ||
| Q1 25 | $4.8B | — | ||
| Q4 24 | $4.9B | — | ||
| Q3 24 | $5.1B | — | ||
| Q2 24 | $5.0B | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.61× | — | ||
| Q3 25 | 0.61× | 0.39× | ||
| Q2 25 | 0.62× | 0.38× | ||
| Q1 25 | 0.64× | — | ||
| Q4 24 | 0.76× | — | ||
| Q3 24 | 0.78× | — | ||
| Q2 24 | 0.81× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $138.6M |
| Free Cash FlowOCF − Capex | $-74.2M | $126.6M |
| FCF MarginFCF / Revenue | -8.8% | 23.9% |
| Capex IntensityCapex / Revenue | 3.0% | 2.3% |
| Cash ConversionOCF / Net Profit | — | 3.47× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $100.1M | $138.6M | ||
| Q2 25 | — | — | ||
| Q1 25 | $26.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $98.5M | — | ||
| Q2 24 | — | — |
| Q1 26 | $-74.2M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $83.6M | $126.6M | ||
| Q2 25 | — | — | ||
| Q1 25 | $15.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $85.9M | — | ||
| Q2 24 | — | — |
| Q1 26 | -8.8% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 12.7% | 23.9% | ||
| Q2 25 | — | — | ||
| Q1 25 | 2.5% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 13.3% | — | ||
| Q2 24 | — | — |
| Q1 26 | 3.0% | — | ||
| Q4 25 | 2.5% | — | ||
| Q3 25 | 2.5% | 2.3% | ||
| Q2 25 | 2.8% | — | ||
| Q1 25 | 1.9% | — | ||
| Q4 24 | 3.6% | — | ||
| Q3 24 | 2.0% | — | ||
| Q2 24 | 2.4% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 2.55× | 3.47× | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.27× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.44× | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESI
| Electronics ex-Metals | $377.8M | 45% |
| Pass-through Metals | $255.7M | 30% |
| Other | $206.5M | 25% |
RAL
| Industrial Manufacturing | $111.1M | 21% |
| Defense And Space | $93.6M | 18% |
| Diversified Electronics | $91.0M | 17% |
| Test And Measurement | $76.8M | 15% |
| Communications | $60.7M | 11% |
| Semiconductors | $51.4M | 10% |
| Other Direct End Markets | $44.4M | 8% |
