SOLS
Solstice Advanced Materials Inc.
SOLS's fundamentals are mixed: earnings per share more than doubled, but its operating margin fell 7 points to 12%. At 33x earnings, it's trading below its usual 48x. Analysts expect strong earnings growth.
SOLS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Stable |
SOLS's revenue, profitability and cash flow are currently healthy, and its balance sheet is stable.
SOLS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 21x | $66.51 | — |
| Current | 33x | $66.51 | — |
| Cheap | 45x | $91.12 | +37% |
| Fair | 48x | $98.07 | +47% |
| Expensive | 62x | $127 | +91% |
Historical ranges are pointers, not guarantees.
SOLS's PE is in its cheap range at 33x. If earnings grow as analysts expect, today's price would be 21x next year's earnings.
SOLS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for SOLS, with profitability improving.
SOLS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.24 | +59% |
| Q3 2026 | $2.04 | +106% |
| Q2 2026 | $1.32 | -39% |
| Q1 2026 | $1.30 | -46% |
SOLS earned $2.04 per share over the past year, up 106% from the year before.
SOLS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1B | +7.9% |
| Q2 2026 | $1.1B | +11% |
| Q1 2026 | $991M | +10% |
| Q4 2025 | $987M | +8.1% |
| Q3 2025 | $969M | +6.8% |
| Q2 2025 | $1B | +5.9% |
SOLS's revenue has grown year over year every quarter since mid-2025: $1B last quarter, up 7.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | -7.1 points |
| Q2 2026 | 15% | -5.5 points |
| Q1 2026 | 14% | -9.2 points |
| Q4 2025 | 8.7% | -4.9 points |
| Q3 2025 | 18% | -4.6 points |
| Q2 2025 | 21% | -1.2 points |
| Q1 2025 | 23% | N/A |
| Q4 2024 | 14% | N/A |
SOLS's operating margin was 11% last quarter, down 7.1 points from the same quarter a year ago, near the bottom of its range since 2024.
SOLS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $124M | +72% |
| Q1 2026 | $124M | +27% |
| Q4 2025 | $78M | -57% |
| Q2 2025 | $72M | -38% |
| Q1 2025 | $98M | -16% |
SOLS generated $446M in free cash flow over the past year, down 7.7% from the year before.
SOLS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -400K shares |
| 1 year | +0.2% | +273K shares |
SOLS has 159M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q1 2022 | — |
| Q4 2021 | — |
SOLS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.8x | Healthy |
| Q2 2026 | 1.6x | Healthy |
| Q1 2026 | 1.7x | Healthy |
| Q4 2025 | 1.7x | Healthy |
| Q3 2025 | -0.5x | Net Cash |
| Q2 2025 | 2.0x | Healthy |
| Q1 2025 | -0.5x | Net Cash |
SOLS's net debt is about 1.8 years of its operating earnings (EBITDA), after holding more cash than debt a year ago.
SOLS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 53.1 | Neutral |
| Stochastic | 55.4 | Neutral |
SOLS's weekly RSI is 53 (neutral) and its Stochastic is 55 (neutral).
SOLS PE vs Basic Materials Sector
| Metric | SOLS | Sector median | Relative |
|---|---|---|---|
| PE | 33x | 19x | 75% above |
| PE % | 3 | 4 | 1 pt below |
SOLS is trading at 33x earnings, a 75% premium to the Basic Materials sector's median of 19x.
SOLS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $59.9 | 11% above |
| 20 week MA | $61.3 | 8.5% above |
| 50 week MA | $67.3 | 1.1% below |
SOLS has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 1.1% below its 50-week average.
SOLS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $45.8 | $49.8 | +8.8% |
| 2026 YTD | $49.8 | $66.5 | +34% |
SOLS has finished every year since 2025 higher, and it's up 34% so far in 2026.