# Solstice Advanced Materials (SOLS.US)

Canonical: https://gigainvestors.com/s/SOLS

Analysis as of: 2026-10-16T07:32:02.090Z. 

Listing currency: USD. Reporting currency: USD.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: $59.92 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

- [Andrew Adams](https://gigainvestors.com/MPF): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Down 32% since Jun 2026 · "Solstice Advanced Materials (SOLS) declines after softer full-year revenue outlook" (finance.yahoo.com, May 2026)

Story as of 2026-10-16T09:59:36.800Z; price observation 2026-10-15.

- 2026-02-11: Honeywell spinoff Solstice sees 2026 profit below estimate as margins remain under pressure ([finance.yahoo.com](https://finance.yahoo.com/news/honeywell-spinoff-solstice-sees-2026-110423184.html))

- 2026-05-06: Solstice Advanced Materials (SOLS) declines after softer full-year revenue outlook ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/solstice-advanced-materials-sols-declines-124342290.html))

- 2026-08-29: Solstice (SOLS) Jumps 12.8% on Merger Exit, $500M Buyback ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/solstice-sols-jumps-12-8-015312475.html))

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in specialty chemicals; annual sales are USD 3.9 billion.

- Source: https://www.sec.gov/Archives/edgar/data/2064953/000206495326000008/sols-20251231.htm (filed 2026-02-19); FY2025: revenue 3886000000; grossProfit 1250000000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); SOLS.US: Solstice Advanced Materials, Inc. operates as a specialty chemicals and advanced materials company in the United States and internationally. It operates in two segments: Refrigerants & Applied Solutions (RAS), and Electronic & Specialty Materials (ESM). The RAS segment manufactures and sells low global warming potential (LGWP) refrigerants, blowing agents, solvents, and aerosol materials; and provides, aerosol propellants, cleaning solvents, pharmaceutical packaging materials, and alternative energy services under the Solstice, Genetron, and Aclar brands. The ESM segment offers electronic materials, fibers and laboratory life science chemicals for semiconductor, defense, pharmaceutical, and construction markets. This segment provides sputtering targets, lightweight high-strength fibers, and high-purity life science solutions under the Spectra, Fluka, and Hydranal brands. Solstice Advanced Materials, Inc. was incorporated in 2025 and is headquartered in Morris Plains, New Jersey.

### Why customers stay

Margins ranged from 32.2% to 35.2% during 2023–25.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-19); FY2023: grossProfit / revenue = 35.2%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-19); FY2024: grossProfit / revenue = 34.4%.

- Source: https://www.sec.gov/Archives/edgar/data/2064953/000206495326000008/sols-20251231.htm (filed 2026-02-19); FY2025: grossProfit / revenue = 32.2%.

### Where the cash goes

Spends 35.5% of cash earnings on expansion; paid dividends in 1 of 4 years.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-19); FY2022: growth capex 0; upkeep 254000000; owner earnings 617000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-19); FY2023: growth capex 29666209.920526147; upkeep 269333790.07947385; owner earnings 572666209.9205261. Growth capex / owner earnings = 0.05180366748833179.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-19); FY2024: growth capex 58412139.51280573; upkeep 237587860.48719427; owner earnings 401412139.5128057. Growth capex / owner earnings = 0.14551662434449691.

- Source: https://www.sec.gov/Archives/edgar/data/2064953/000206495326000008/sols-20251231.htm (filed 2026-02-19); FY2025: growth capex 57780037.68706274; upkeep 294219962.31293726; owner earnings 162780037.68706274. Growth capex / owner earnings = 0.3549577608413032.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-19); Dividend observations: [[2022,0],[2023,0],[2024,0],[2025,1500000000]]. Zero only counted when supported by a complete cash-flow statement.

### Are managers owners

Insiders own 0.1% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); SOLS.US SharesStats.PercentInsiders = 0.052 percentage points; cache date 2026-10-16.

### What the price says

The price is 2.5 times annual sales.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-19); Closing price 59.92 USD; reporting-to-trading FX 1; FY2025 annual sales per share 24.45563247325362; price multiple 2.4501513124035. FY2025 cash earnings/share 1.024418110050741. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2025-10: $45.07 per share

- 2025-11: $47.68 per share

- 2025-12: $48.58 per share

- 2026-01: $61.77 per share

- 2026-02: $78.51 per share

- 2026-03: $76.16 per share

- 2026-04: $81.95 per share

- 2026-05: $84.23 per share

- 2026-06: $88.60 per share

- 2026-07: $60.17 per share

- 2026-08: $63.39 per share

- 2026-09: $56.32 per share

- 2026-10: $59.92 per share

## Annual estimated value (USD per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/2064953/000206495326000008/sols-20251231.htm); period 2025-12-31, filed 2026-02-19.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.