“The increase was driven by higher capital expenditures, primarily from the expansion of manufacturing facilities within our ESM segment, and the impact in the prior year of proceeds from the sale of certain assets.”10-Q · May 6, 2026 ↗
Solstice Advanced Materials, Inc.
SOLS
Market read
Solstice Advanced Materials, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 18 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.
- RAS net sales rose $75M (12%) driven by $37M volume growth from transition to LGWP refrigerants and nuclear gains, offset by declines in building solutions and intermediates.
- Cost of products and services sold increased $98M (17%) driven by volume increases and raw material inflation in RAS and ESM segments.
Invalidation: The isolated read changes if SOLS's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 18 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- RAS net sales rose $75M (12%) driven by $37M volume growth from transition to LGWP refrigerants and nuclear gains, offset by declines in building solutions and intermediates.
- Cost of products and services sold increased $98M (17%) driven by volume increases and raw material inflation in RAS and ESM segments.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Operating cash flow covered net income at 1.92x in the latest annual period.
- Capital investment and capacity has repeated favorable evidence across 3 filings.
- Demand and volume has repeated favorable evidence across 3 filings.
- Pricing and mix has repeated favorable evidence across 3 filings.
- Net margin changed -9.7 percentage points in the latest annual period.
No credible peer-relative valuation comparison is available yet.
Price as of Sep 11, 2026
61.53Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“Segment Adjusted EBITDA increased by $5 million or 10% primarily driven by demand growth in electronic materials.”10-Q · May 6, 2026 ↗
“53 2025 compared with 2024 RAS net sales increased by $68 million or 3% due to volume growth and favorable pricing in refrigerants, partially offset by a reduction in our nuclear (alternative energy) services offering attributed to large sales transactions wh…”10-K · Feb 19, 2026 ↗
“The effective tax rate in 2026 was lower than the effective tax rate in 2025 as a result of nondeductible transaction costs and discrete tax adjustments related to restructuring in advance of the Spin-off from Honeywell in the prior-year period.”10-Q · May 6, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 2.5× · EV/sales 2.9×. Comparisons use only industry-matched filing peers.
Fewer than 4 annual revenue periods; too little history to scaffold scenarios.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for SOLS. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for SOLS. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind SOLS
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
CCThe Chemours CompanycompetitorFeb 19, 2026 ▾
“Our main competitors for the RAS segment include Arkema, Chemours, Daikin, Orbia and not-in-kind alternatives.”
DKILFFiling-linked namecompetitorFeb 19, 2026 ▾
“Our main competitors for the RAS segment include Arkema, Chemours, Daikin, Orbia and not-in-kind alternatives.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
SOLS is currently a Follower in the organic co-movement group Electronics Supply Chain. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.