Solstice Advanced Materials Inc.
SOLS · Chemicals & Allied Products · 158.8M shares · EDGAR filings ↗
Grade
B80Newly independent advanced-materials leader with top-decile returns and solid cash generation, tempered by spin-off leverage and limited standalone history.
Strengths
- Top-decile returns — ROE 16.8% (92nd pct), ROA 4.2% (92nd pct) and net margin 6.1% (92nd pct)
- Differentiated specialty franchise (5,700+ patents, leading brands in refrigerants, electronic/specialty materials) with positive FCF ($119M, 78th pct)
Risks
- Elevated leverage post-spin (debt/equity 1.39, 75th pct) and quick ratio 0.98 (40th pct)
- Limited operating history as a standalone company plus Honeywell separation/indemnity and tax obligations
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
32.2%
Net margin
6.1%
Return on equity
16.8%
Return on assets
4.2%
Revenue growth (QoQ)
0.4%
Net-income growth
-60.1%
Debt / equity
1.4×
Current ratio
1.4×
Free cash flow
$119M
Tangible book value
$542M
Cash & investments
$534M
Stock comp / revenue
0.7%
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-22 | Shareholder vote | filing ↗ |
| 2026-05-06 | ResultsExhibits | filing ↗ |
| 2026-04-27 | OtherExhibits | filing ↗ |
| 2026-02-25 | Exec/director changeExhibits | filing ↗ |
| 2026-02-20 | 5.08Other | filing ↗ |
| 2026-02-11 | ResultsOtherExhibits | filing ↗ |
| 2025-11-06 | ResultsExhibits | filing ↗ |
| 2025-10-30 | Material agreementDebt obligation3.035.01Exec/director change5.035.05OtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-22 | 2026-05-22 | 0001104659-26-065732 ↗ |
| 10-Q | 2026-05-06 | 2026-03-31 | 0002064953-26-000047 ↗ |
| 8-K | 2026-05-06 | 2026-05-06 | 0002064953-26-000045 ↗ |
| 8-K | 2026-04-27 | 2026-04-24 | 0002064953-26-000040 ↗ |
| 8-K | 2026-02-25 | 2026-02-24 | 0002064953-26-000013 ↗ |
| 8-K | 2026-02-20 | 2026-02-18 | 0002064953-26-000010 ↗ |
| 10-K | 2026-02-19 | 2025-12-31 | 0002064953-26-000008 ↗ |
| 8-K | 2026-02-11 | 2026-02-11 | 0002064953-26-000003 ↗ |
| 10-Q | 2025-11-13 | 2025-09-30 | 0002064953-25-000018 ↗ |
| 8-K | 2025-11-06 | 2025-11-06 | 0002064953-25-000013 ↗ |
| 8-K | 2025-10-30 | 2025-10-29 | 0001628280-25-047305 ↗ |
| 8-K | 2025-10-17 | 2025-10-17 | 0001628280-25-045287 ↗ |