olivLaw · US equity research
Solstice Advanced Materials Inc. SOLS
Chemicals & Allied Products · SIC 2800 · Vertical: Chemicals & Allied Products (SIC 2800)
Solstice Advanced Materials is a global advanced materials company and a leading supplier of low global warming potential refrigerants, semiconductor materials and conversion services for the nuclear energy sector. The company was spun off from Honeywell in October 2025 and trades on Nasdaq as SOLS; in July 2026 it announced the acquisition of Element Solutions, a deal that could reshape its profile. Sales grew in the first half of 2026 and full-year guidance was raised.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 04 Nov 2026, Solstice Advanced Materials Inc. (SOLS) stock was 57.70 USD (−6.54% on the day), with market capitalisation 9.1 bn USD, P/E 28.3 on diluted EPS of 2.04 USD over the last 12 months, dividend yield 16.93%, beta 1.47, 52-week range 41.43–88.60 USD. Latest reported quarter (Q3 2026): revenue of 1.0 bn USD (+7.9% YoY), net income of 80.0 m USD, diluted EPS 0.50 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 43.6
- weak (30–45)
- Bollinger (20, 2)
- 57.52 – 64.31
- in the lower half of the band · %B 0.03 · band width 11.2%
- SMA 50 / 200
- 59.94 / 70.17
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- 0.15 / 0.46
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −0.6% | −1.1% | +0.5 pp | — |
| 3 months | −7.7% | −0.5% | −7.2 pp | — |
| 6 months | −29.6% | +4.4% | −34.0 pp | — |
| Year to date | +18.8% | +12.3% | +6.5 pp | — |
| 1 year | +32.2% | +13.5% | +18.6 pp | +0.8% |
| 3 years | unavailable | +76.4% | unavailable | −36.5% |
| 5 years | unavailable | +63.7% | unavailable | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q3 2026 · 30 Sept 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 913.0 m | 897.0 m | 1.0 bn | 969.0 m | 987.0 m | 991.0 m | 1.1 bn | 1.0 bn |
| Cost of revenue | 608.0 m | 577.0 m | 671.0 m | 659.0 m | 729.0 m | 675.0 m | 778.0 m | 701.0 m |
| Research & development | 21.0 m | 22.0 m | 23.0 m | 26.0 m | 27.0 m | 28.0 m | 25.0 m | 30.0 m |
| SG&A | 89.0 m | 93.0 m | 105.0 m | 113.0 m | 112.0 m | 108.0 m | 123.0 m | 120.0 m |
| Interest expense | 2.0 m | 1.0 m | 2.0 m | 2.0 m | 23.0 m | 29.0 m | 23.0 m | 60.0 m |
| Pre-tax income | 176.0 m | 188.0 m | 199.0 m | 173.0 m | 86.0 m | 136.0 m | 176.0 m | 112.0 m |
| Income tax | 42.0 m | 47.0 m | 101.0 m | 182.0 m | 32.0 m | 31.0 m | 42.0 m | 24.0 m |
| Net income | 133.0 m | 134.0 m | 97.0 m | -35.0 m | 41.0 m | 85.0 m | 119.0 m | 80.0 m |
| Diluted EPS | — | 0.85 | 0.61 | -0.22 | 0.26 ≈ | 0.53 | 0.75 | 0.50 |
| Operating cash flow | 275.0 m | 160.0 m | 150.0 m ≈ | -21.0 m ≈ | 166.0 m | 199.0 m | 262.0 m ≈ | 232.0 m ≈ |
| Capex | 95.0 m | 62.0 m | 76.0 m ≈ | 110.0 m ≈ | 88.0 m | 75.0 m | 138.0 m ≈ | 112.0 m ≈ |
| Dividends paid | — | 0 | 0 ≈ | 0 ≈ | 1.5 bn | 12.0 m | 12.0 m ≈ | 12.0 m ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 25 percentile of its own 4-quarter history (min 27.6, median 48.6, max 67.3; quarters with earnings only).
Fiscal years
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 3.6 bn | 3.8 bn | 3.9 bn |
| Revenue YoY | unavailable | +3.3% | +3.1% |
| Net income | 621.0 m | 594.0 m | 237.0 m |
| Net income YoY | unavailable | −4.3% | −60.1% |
| Diluted EPS | 3.91 | 3.74 | 1.49 |
| Diluted EPS YoY | unavailable | −4.3% | −60.2% |
| net % | 17.0% | 15.8% | 6.1% |
| Free cash flow | 461.0 m | 546.0 m | 119.0 m |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 534.0 m USD
- Financial debt
- 2.0 bn USD
- Net debt
- 1.4 bn USD
- Equity
- 1.4 bn USD
- Total assets
- 5.7 bn USD
- Debt / equity
- 1.43x
- Current ratio
- 1.39x
- ROE
- 10.4%
- ROA
- 4.4%
- FCF margin
- 3.1%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Revenue | 3.6 bn | 3.8 bn | 3.9 bn | SEC (XBRL)· 19 Feb 2026verified |
| Cost of revenue | 2.4 bn | 2.5 bn | 2.6 bn | SEC (XBRL)· 19 Feb 2026verified |
| Gross profit | 1.3 bn ≈ | 1.3 bn ≈ | 1.3 bn ≈ | SEC (XBRL)· 19 Feb 2026derived |
| Research & development | 81.0 m | 83.0 m | 97.0 m | SEC (XBRL)· 19 Feb 2026verified |
| SG&A | 378.0 m | 392.0 m | 421.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Depreciation & amortisation | 48.0 m | 39.0 m | 24.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Interest expense | 16.0 m | 13.0 m | 28.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Pre-tax income | 814.0 m | 797.0 m | 647.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Income tax | 195.0 m | 192.0 m | 362.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Net income | 621.0 m | 594.0 m | 237.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Diluted EPS | 3.91 | 3.74 | 1.49 | SEC (XBRL)· 19 Feb 2026verified |
| Weighted average diluted shares | 158.7 m | 158.7 m | 158.9 m | SEC (XBRL)· 19 Feb 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Revenue − Cost of revenue.
Balance sheet · USD
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Cash | 606.0 m | 661.0 m | 534.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Receivables | — | 569.0 m | 645.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Inventories | — | 558.0 m | 715.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Current assets | — | 1.9 bn | 2.4 bn | SEC (XBRL)· 19 Feb 2026verified |
| Property, plant & equipment, net | — | 1.7 bn | 2.1 bn | SEC (XBRL)· 19 Feb 2026verified |
| Goodwill | 814.0 m | 806.0 m | 820.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Intangibles (excl. goodwill) | — | 35.0 m | 49.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Total assets | — | 5.0 bn | 5.7 bn | SEC (XBRL)· 19 Feb 2026verified |
| Accounts payable | — | 778.0 m | 909.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Short-term debt | — | 0 | 4.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Long-term debt | — | 0 | 2.0 bn | SEC (XBRL)· 19 Feb 2026verified |
| Current liabilities | — | 1.1 bn | 1.7 bn | SEC (XBRL)· 19 Feb 2026verified |
| Total liabilities | — | 1.8 bn | 4.3 bn | SEC (XBRL)· 19 Feb 2026verified |
| Equity | 3.0 bn | 3.2 bn | 1.4 bn | SEC (XBRL)· 19 Feb 2026verified |
Cash flow · USD
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Operating cash flow | 760.0 m | 842.0 m | 455.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Capex | 299.0 m | 296.0 m | 336.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Free cash flow | 461.0 m ≈ | 546.0 m ≈ | 119.0 m ≈ | SEC (XBRL)· 19 Feb 2026derived |
| Investing cash flow | -324.0 m | -298.0 m | -330.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Financing cash flow | -378.0 m | -453.0 m | -235.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Dividends paid | 0 | 0 | 1.5 bn | SEC (XBRL)· 19 Feb 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
Risk
Valuation
olivLaw classification
- score weight coverage: 45.8% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 9.1 bn USD
Key indicators
Coverage and freshness
Score by group
46% · Insufficient data
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 41.38 – 86.00 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)41.38 – 71.98 (Mid 52.84)WACC 8.4% · starting FCFF 546.9 m USD · terminal value share of EV 76%The WACC × g sensitivity gives the method's bounds; these are not probabilities.Reverse DCF: starting growth implied by the price (fading linearly to terminal growth, everything else fixed): 6.5%
- Peers: EV/EBITDAunavailable · input data missing
- Peers: P/E49.51 – 86.00 (Mid 70.04)3 companies used · median multiple 34.4x · quartiles 24.3x – 42.2xBCPC, IOSP, NGVT
- Dividend discount (DDM)unavailable · input data missing
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: score weight coverage: 45.8% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | 7.8% | 93 (vs peers) | 14% |
| FCF conversion · Quality | 137.2% | 100 (on a fixed band) | 14% |
| Revenue CAGR 3Y · Growth | unavailable | unavailable | — |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | 1.4x | 49 (on a fixed band) | 9% |
| P/E (TTM) · Valuation | 28.3x | 8 (on a fixed band) | 23% |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | 4.9% | 61 (on a fixed band) | 18% |
| Shareholder yield (distributions) · Returns | 16.9% | 100 (on a fixed band) | 14% |
| Payout ratio (FCF) · Returns | 344.4% | 0 (on a fixed band) | 9% |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partial49/100 · 1/3 factors with a value
- Growth· partialunavailable · 0/2 factors with a value
- Quality96/100 · 2/3 factors with a value
- Returns60/100 · 2/2 factors with a value
- Valuation32/100 · 2/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
Solstice Advanced Materials Inc. (SOLS). Latest full fiscal year: 2025; data up to 2026-09-30.
Figures computed from the financial statements: revenue 3.9 bn USD in 2025; YoY growth 3.1%; net margin 7.8%; ROE 13.6%.
The estimated value range is 45.45–78.99 USD per share (median of 2 methods, agreement: high); assumptions are illustrative. Against the central value of 61.44 USD, the price of 57.70 USD leaves a potential of 6.5% (value / price − 1) and a margin of safety of 6.1% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (score weight coverage: 45.8% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Net margin: 7.8%
- FCF conversion: 137.2%
- Shareholder yield (distributions): 16.9%
What contradicts it
- P/E (TTM): 28.3x
- Payout ratio (FCF): 344.4%
Not assessed (insufficient data or a ratio without meaning): ROIC, Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, Interest coverage, EV/EBITDA.
Versus the vertical median
Chemicals & Allied Products (SIC 2800) · same industry (4-digit SIC) · compared with 14 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| SOLSSolstice Advanced Materials Inc. | 9.1 bn | 28.3 | 13.6% | 7.8% | +3.1% | +32% / unavailable |
| BCPCBalchem Corporation | 5.8 bn | 34.4 | 13.0% | 15.4% | +8.8% | +17% / +46% |
| PRMPerimeter Solutions, Inc. | 4.6 bn | — | -30.9% | -44.9% | +16.4% | +1% / +575% |
| NGVTIngevity Corporation | 2.5 bn | 50.1 | 64.4% | 4.7% | −2.7% | +41% / +90% |
| CCThe Chemours Company | 2.1 bn | — | -339.7% | -5.2% | +0.4% | +8% / −50% |
| OLNOlin Corporation | 2.1 bn | — | -12.2% | -3.3% | +3.7% | −14% / −62% |
| IOSPInnospec Inc. | 2.0 bn | 14.2 | 10.5% | 7.5% | −3.7% | +8% / −23% |
| HUNHuntsman Corporation | 1.7 bn | — | -11.8% | -5.8% | −5.8% | −5% / −60% |
| ECVTEcovyst Inc. | 1.1 bn | — | -9.6% | -7.1% | +20.9% | +8% / +5% |
| FMCFmc Corporation | 998.7 m | — | -226.7% | -151.2% | −18.3% | −55% / −88% |
| ACNTAscent Industries Co. | 124.0 m | — | -1.1% | -1.0% | −7.2% | −3% / +68% |
| CITRCitroTech Inc. | 54.8 m | — | -431.0% | -1,788.4% | +194.6% | unavailable / unavailable |
| LOOPLoop Industries, Inc. | 13.0 m | — | — | -2,154.3% | −95.3% | −77% / −92% |
| GUREGulf Resources, Inc. | 5.6 m | — | -32.4% | -134.4% | +231.8% | +3% / −80% |
| ADURAduro Clean Technologies Inc. | — | — | -133.8% | -5,253.1% | −31.5% | −26% / unavailable |
1- and 3-year price returns: for SOLS from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 34.12 Total return -41% · Per year -41% | 60.36 Total return 5% · Per year 5% | 90.97 Total return 58% · Per year 58% |
| 3 years | 32.17 Total return -44% · Per year -18% | 64.13 Total return 11% · Per year 4% | 106.26 Total return 84% · Per year 23% |
| 5 years | 30.34 Total return -47% · Per year -12% | 68.14 Total return 18% · Per year 3% | 124.12 Total return 115% · Per year 17% |
- Exit P/E± 16.03
- Net margin± 11.22
- Annual revenue growth± 9.34
- Annual dilution± 0.94
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 30 Jul 2026; since then the company filed 8-K (04 Nov 2026 · results), 10-Q (04 Nov 2026).
In brief
Solstice Advanced Materials is a global advanced materials company and a leading supplier of low global warming potential refrigerants, semiconductor materials and conversion services for the nuclear energy sector. The company was spun off from Honeywell in October 2025 and trades on Nasdaq as SOLS; in July 2026 it announced the acquisition of Element Solutions, a deal that could reshape its profile. Sales grew in the first half of 2026 and full-year guidance was raised.
SWOT
Strengths
- The company holds leading positions in high value-added niches, an extensive patent portfolio and long-standing customer relationships averaging more than ten years.
- The operating model and proximity to customers support high margins and the ability to deliver customized solutions.
- Sales growth in the first half of 2026 and the raised guidance point to positive business momentum.
Weaknesses
- The company has limited history as an independent listed entity, and its historical data reflect allocations made by Honeywell.
- The RAS segment's Adjusted EBITDA margin fell in the second quarter because of plant maintenance and prior-year effects.
- Separation and standalone costs raised expenses and weighed on net income.
Opportunities
- The Element Solutions acquisition could extend the company into a larger advanced materials platform with access to new markets.
- Investment in artificial intelligence, data centers and semiconductors could increase demand for the company's materials.
- Capacity expansion could allow the company to serve demand that currently exceeds existing production capacity.
Threats
- Tariffs and trade tensions can raise costs and disrupt raw material supply.
- Regulation of fluorinated chemistries could reduce demand for some products in the portfolio.
- Competitive pressure can lead to lower prices and market share losses, especially in standardized segments.
Risks
- Element Solutions integrationhigh
The transaction is subject to shareholder and regulatory approvals and could face delays or may not close on the expected terms.
- Higher indebtednesshigh
Acquisition financing could increase total debt and reduce financial flexibility if operating results decline.
- Raw material costs and inflationmedium
Raw material price swings and inflationary pressures can affect margins if they cannot be passed on fully to customers.
- Regulation and tariffsmedium
Regulatory changes and trade policies can impose additional costs or require product changes.
- Public perception of nuclear energylow
Public and political attitudes toward nuclear energy and radioactive materials could negatively affect some business lines.
Investment thesis
What would need to be true (bull case)
- If sales growth and margin expansion hold, the company could justify its raised guidance and benefit from structural demand in semiconductors and sustainability.
- The Element Solutions acquisition could turn the company into a larger platform with access to new technology niches.
- Long customer relationships and the patent portfolio could support recurring revenue and pricing power.
What would break the thesis
- Higher debt after the acquisition could limit flexibility and slow investment if the deal runs into obstacles.
- RAS segment margins have declined, and a return to prior levels is not assured if cost pressure persists.
- Tariffs, geopolitical tensions and regulatory changes could disrupt supply and weigh on demand in several markets.
What to watch
- Quarterly results and delivery against 2026 guidanceQ3 2026
- Status of approvals and completion of the Element Solutions acquisitionfirst half 2027
- Issuance of permanent debt and trend in net leverage ratio2027
- Evolution of RAS segment Adjusted EBITDA margin in the second half of the yearnext 10-K
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 30 Jul 2026; since then the company filed 8-K (04 Nov 2026 · results), 10-Q (04 Nov 2026).
The business
Solstice operates through two segments: Refrigerants & Applied Solutions (RAS), which makes low global warming potential refrigerants, blowing agents, solvents and aerosol materials, along with conversion services for the nuclear sector, and Electronic & Specialty Materials (ESM), which supplies electronic materials, high-strength fibers and laboratory life science chemicals. In fiscal 2025 the company reported net sales of 3886 million USD, and over 3000 customers in about 120 countries and territories formed its commercial base. The patent portfolio exceeds 5700 issued patents and pending applications, supporting its position as an innovator in high value-added niches. The company was separated from Honeywell through a distribution of shares to Honeywell's shareowners, completed on October 30, 2025.
The Solstice operating model, described as a set of practices applied across the organization, focuses on innovation and commercialization, commercial excellence, capital deployment, supply chain and manufacturing excellence. The company says it sustains high Adjusted EBITDA margins through differentiated products and proximity to customers, with 20 manufacturing sites and four standalone R&D centers. Capital expenditures represented 10% of net sales in 2025, and management expects them to remain at or above this level in the near term to expand capacity. Standalone costs from the separation from Honeywell were significant and are expected to continue at least through fiscal 2026.
Segments
Refrigerants & Applied Solutions (RAS)
The RAS segment generated net sales of 2789 million USD in fiscal 2025, and in the second quarter of 2026 its sales reached 850 million USD, up 12% year over year. Refrigerants grew 13% and the nuclear business 27%, while healthcare packaging recovered after destocking in the second half of 2025. Segment Adjusted EBITDA margin fell to 32.9% because of planned plant turnaround timing and production incentive credits in the prior year, and management expects mid-30% margins for the segment in the second half of 2026.
Market context
The company operates in markets for cooling, air conditioning and refrigeration, automotive, nuclear energy, building insulation, healthcare, semiconductors, defense and pharmaceuticals. Fiscal 2025 net sales of 3886 million USD reflect demand supported by sustainability policies, nuclear energy investment and semiconductor production. The refrigerant market, however, depends on regulation of fluorinated chemistries, which could change demand for certain products.
Management describes a volatile macroeconomic environment marked by geopolitical tensions, shifting trade and tariff policies and inflationary pressures. These factors can affect raw material costs and supply chains, and their impact on sales depends on how the global economy develops.
Trends
- Low global warming potential refrigerant regulationtailwind
The transition to regulatory-compliant next-generation refrigerants supports demand for the company's products as end markets move away from earlier generations.
- Investment in nuclear energymixed
Growth in the nuclear sector, including conversion services, has lifted divisional sales, but revenue can be uneven because some large transactions do not recur from one year to the next.
- Semiconductor industry demandtailwind
Chip production, artificial intelligence, data centers and semiconductor manufacturing support demand for the company's electronic materials.
- Tariff and trade pressuresheadwind
Import tariffs, trade restrictions and geopolitical tensions can raise costs and disrupt supply chains, particularly if measures change frequently.
Competitive position
The company builds its position on technology, product quality and proximity to customers, but warns that competitive pressure can lead to lower prices, margins or market share. Competition in advanced materials and specialty chemicals is intense, and technological advantages can erode if rivals develop similar products.
The company also flags risks linked to joint ventures and co-development partnerships, as well as competition from illegal or counterfeit products in regulated markets. These could affect sales if not managed well.
- Element Solutions Inc
Company Solstice agreed to acquire in July 2026; the competitive relationship would change if the transaction is completed.
- Honeywell International Inc
Former parent that spun off the advanced materials business; the current relationship runs through transition and licensing agreements.
- Specialty chemicals producers
Competitors in laboratory chemicals and electronic materials referred to generically in the company's filings.
- Refrigerant producers
Firms active in the low global warming potential refrigerant market, where competition could pressure prices and margins.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- Solstice boosts annual forecasts as AI-linked demand drives quarterly beatCNA (Channel NewsAsia) · 04 Nov 2026 · EN
- Solstice (SOLS) and Element Solutions (ESI) Call Off Their $14.5 Billion CombinationYahoo Finance — News · 06 Sept 2026 · EN
- Solstice (SOLS) Jumps 12.8% on Merger Exit, $500M BuybackYahoo Finance — News · 29 Aug 2026 · EN
- Solstice Scraps Element Deal and Launches $500 Million BuybackYahoo Finance — News · 28 Aug 2026 · EN
- Honeywell ar putea crea un gigant de 27 de miliarde de dolari: Solstice negociază fuziunea cu Element SolutionsZiarul Financiar · 06 Jul 2026 · RO
- New York City welcomes the summer solstice with Times Square yogaAl Jazeera English · 22 Jun 2026 · EN
- Solstice-aligned 5,000-year-old monument ‘once in a lifetime find’, say archaeologistsThe Guardian World · 17 Jun 2026 · RO
- Bay Summer Solstice 2026LessWrong · 18 May 2026 · EN
SEC filings
- Quarterly report04 Nov 2026
- Current report04 Nov 2026Results of operations · Financial statements and exhibits
- Current report03 Nov 2026Other events · Financial statements and exhibits
- Current report27 Aug 2026Material agreement · Termination of a material agreement · Regulation FD disclosure · Other events · Financial statements and exhibits
- Quarterly report30 Jul 2026
- Current report30 Jul 2026Results of operations · Financial statements and exhibits
- Current report27 Jul 2026Material agreement · Financial statements and exhibits
- Current report20 Jul 2026Regulation FD disclosure · Financial statements and exhibits
- Current report17 Jul 2026Other events · Financial statements and exhibits
- Current report (amendment)09 Jul 2026Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Solstice Advanced Materials Inc. · 19 Feb 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Solstice Advanced Materials Inc. · 30 Jul 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Solstice Advanced Materials Inc. · 30 Jul 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.