Cabot vs Element Solutions
Cabot is the larger business, with $3.71bn of revenue in fiscal 2025 against $2.55bn for Element Solutions (1.5 times as much). Element Solutions grew faster (3.8% against -7.0%). Cabot kept more of each dollar of sales as profit: a net margin of 8.9% against 7.5%.
| Latest fiscal year | CabotCBT, 2025 | Element SolutionsESI, 2025 |
|---|---|---|
| Revenue | $3.71bn | $2.55bn |
| Revenue growth | -7.0% | 3.8% |
| Net income | $331m | $191m |
| Operating margin | 16.7% | — |
| Net margin | 8.9% | 7.5% |
| Return on equity | 22.3% | 7.5% |
| Free cash flow | $391m | $228m |
| Cash | $258m | $627m |
| Total debt | $1.13bn | $1.64bn |
| Debt to equity | 72.9% | — |
| Dividend per share | $1.76 | $0.32 |
| Dividend yield | 2.5% | 0.9% |
| Share buybacks | $168m | $25.0m |
| Employees | 4,100 | 5,200 |
| Market value | $3.78bn | $8.57bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 68 (Moderate) | 61 (Moderate) |
| Insider trades, 12 months | 0 buys, 3 sales | 0 buys, 7 sales |