# Solstice Advanced Materials Inc. Common Stock (SOLS) — Stock CV

Solstice Advanced Materials Inc. is a $9.75B materials company. Revenue grew 9.2% over the last year, it keeps 5¢ of every dollar of sales as profit, and its net debt equals ~7.4 years of free cash flow. It trades at 46.4× earnings — around the middle of its own history.

> Solstice Advanced Materials is a diversified specialty chemicals company created in late 2025 after being spun off from Honeywell. It sells chemicals and materials to a wide range of end markets.

## Identity

- **Ticker**: SOLS
- **Sector**: Basic Materials
- **Industry**: Chemicals & Allied Products
- **Headquarters**: MORRIS PLAINS, NJ
- **Employees**: 4 400
- **Website**: https://www.solstice.com
- **Market cap**: $9.75B
- **Last price**: $61.35
- **Financial profile**: Solid

## Vitals (TTM)

- **Revenue**: $4.09B
- **Net income**: $210M
- **Free cash flow**: $195M
- **Net debt**: $1.43B
- **P/E**: 46.4
- **Revenue growth (YoY)**: 9.2%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 65 |
| Growth | 50 |
| Profitability | 49 |
| Health | 67 |
| Quality | 52 |
| Moat | 58 |

## Qualifications (beginner checklist) — 7 of 10 passed

- [x] Revenue growing — +9.2% YoY
- [x] Profitable — $210M TTM
- [ ] Profit growing — -30.9% YoY
- [x] Generates cash — $195M TTM
- [ ] Debt under control — ~7.4y of cash flow to repay
- [x] Established company — $9.75B market cap
- [x] Not printing shares — +0.0% shares over ~5y
- [ ] Proven track record — 4/6 profitable years
- [x] Financially stable — Altman Z 2.2 — grey
- [x] Valuation not extreme — P/E 46.4

## Experience (career milestones)

- **Jul 6, 2026** — Solstice Advanced Materials announced a definitive agreement to acquire Element Solutions in a…
- **Oct 30, 2025** — Solstice Advanced Materials, Inc. is an American specialty materials company, based in Morris Plains, New Jersey
- **FY2022** — Turned profitable: $718M net income after a loss year
- **FY2022** — Revenue crossed $1B: $3.59B for the year
- **FY2022** — Best year on record: $718M net income

## Strengths

- Interest covered 1935.8× by operating earnings

## Watch-outs

- Net debt would take ~8.6 years of free cash flow to repay
- Loss-making in 2 of the recent years
- Net debt equals ~7.4 years of free cash flow

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $182K | -$4.53M | -$3.72M |
| FY2022 | $3.59B | $718M | $505M |
| FY2023 | $3.65B | $621M | $461M |
| FY2024 | $3.77B | $594M | $546M |
| FY2025 | $3.89B | $237M | $119M |

---

Source: https://stockcv.com/SOLS — derived from company filings; may be delayed or incomplete. Information, not investment advice.