Price as of close on Nov 3, 2026 · Financials updated Sep 30, 2026
Basics
Sector
Energy
Industry
Oil & Gas Equipment & Services
Country
United States
Market cap
7.0B USD
Enterprise value
6.5B USD
Full-time employees
468
Overall health
Strength:growing faster than most peersgrowing faster than peers
Drawback:its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings
Drawback:higher risk than most peers: its share price swings more than most peers’ (beta 1.26 vs a peer median of 0.57) and more debt relative to equity (2.17× vs a peer median of 0.47×)higher risk: bigger price swings (beta 1.26 vs peers 0.57) and more debt vs equity (2.17× vs peers 0.47×)
Profitable, but burning cash. Reports a profit, but free cash flow is negative.
Solaris Energy Infrastructure reports a profit but its free cash flow is negative: it spent more on investment and running the business than it brought in. That's common for companies building capacity, but it means the profit isn't yet turning into cash.
Paying shareholders without free cash flow. Paid out $85M over the 3 fiscal years to 2025 with -$542M of free cash flow.
Solaris Energy Infrastructure returned $85M in buybacks and dividends over three fiscal years while its free cash flow totalled -$542M. The money came from its cash pile or from borrowing.
Stock pay outran buybacks. Stock-based pay expense $42M vs $35M spent repurchasing shares over the 3 fiscal years to 2025.
Over three fiscal years Solaris Energy Infrastructure recorded $42M of stock-based pay expense and spent $35M repurchasing shares (repurchases can include shares withheld to cover employees' taxes). Repurchases were smaller than the stock pay, so they did little to offset new employee shares.Over three fiscal years Solaris Energy Infrastructure recorded $42M of stock-based pay expense and spent $35M repurchasing shares. Repurchases were smaller than the stock pay, so they did little to offset new employee shares.
Operating margin at a 6-year high.22% in 2025, the best of the last 6 years.
Solaris Energy Infrastructure kept 22% of revenue as operating profit in 2025, its highest in the 6 years of filings we have.
StockQuotient Score
44/ 100Oct 5 44 → Nov 4 44Fundamentals: Yahoo Finance, not primary filings
Since last quarter: No major changeValuation also moves with the share price every day.
Why it changed since the Oct 27, 2026 close: Score 11 → 10
Share price +6.2%-1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Yahoo Finance · trailing 12 months · operating cash flow − capital spendingNegative (a loss or cash outflow), so it counts as zero whatever the share price20% base weight · Z-score -1.26Sector median: 0.0618 · MAD: 0.0491
Why it changed since the Oct 27, 2026 close: Safety percentile 24 → 25
Peer companies moved+1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Solaris Energy Infrastructure
Is Solaris Energy Infrastructure getting weaker?
Its latest SEC filing (Aug 6, 2026) showed no major changes: debt up 125%. Its overall score is unchanged at 44/100 since Oct 28, 2026.
How is Solaris Energy Infrastructure valued vs its peers?
Priced higher than most peers relative to what it earns. Valuation scores 10/100 against 404 energy peers.Free cash flow yield -10.4% vs a peer median of 6.2% (weaker than 100% of peers).Free cash flow yield -10.4% vs peers 6.2% (weaker than 100% of peers).
Is Solaris Energy Infrastructure growing?
Yes, faster than most of its peers. Growth scores 96/100 against 404 energy peers.3-year revenue growth 31.4% vs a peer median of -1.3% (stronger than 95% of peers).3-year revenue growth 31.4% vs peers -1.3% (stronger than 95% of peers).
How profitable is Solaris Energy Infrastructure?
About as profitable as its peers. Profitability scores 46/100 against 404 energy peers.Operating margin 24.3% vs a peer median of 11.7% (stronger than 73% of peers).Operating margin 24.3% vs peers 11.7% (stronger than 73% of peers).Return on assets 1.3% vs a peer median of 4.4% (weaker than 77% of peers).Return on assets 1.3% vs peers 4.4% (weaker than 77% of peers).
How risky is Solaris Energy Infrastructure?
Higher risk relative to 404 energy peers, judged on debt, liquidity and share-price swings.Current ratio 4.12× vs a peer median of 1.37× (stronger than 93% of peers).Current ratio 4.12× vs peers 1.37× (stronger than 93% of peers).Beta 1.26 vs a peer median of 0.57 (weaker than 93% of peers).Beta 1.26 vs peers 0.57 (weaker than 93% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Aug 6, 2026 · compared with the quarter ended Mar 31, 2026
No major changes
Debt up 125%
Previous quarter
Latest quarter
Change
Revenue (12 months)
692.1M USD
762.2M USD
+10.1%
Net income (12 months)
46.3M USD
54.8M USD
+18.4%
Operating margin
23.7%
24.3%
+0.6 pts
Free cash flow (12 months)
−583.4M USD
−727.8M USD
+24.8%
Debt
715.1M USD
1.6B USD
+125.0%
Cash
344.5M USD
824.1M USD
+139.2%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Energy · 117 companies
Valuations in Energy are above their usual range since 2016.
71% of months since 2016 were valued lower than now.
41% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +37% and earnings +10% (medians): prices rose faster than earnings.
Median price-to-sales is −30% vs the whole market, against a usual −35%.
2016Shaded: most expensive fifth of its range2026
Shown for Energy: too few Oil & Gas Equipment & Services companies have a long enough history of their own.
This is a cyclical group: after a downturn, trailing earnings and sales fall faster than prices, which can make valuations look high near a cycle's low.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Operating margin
-0.2%
13.1%
17.0%
16.9%
21.8%
▲ 4.9 pts
Net margin
-0.5%
6.6%
8.3%
5.0%
4.8%
▼ 0.2 pts
Return on assets (ROA)
-0.2%
4.6%
5.2%
1.4%
1.4%
▲ 0.0 pts
Return on equity (ROE)
-0.4%
9.8%
11.8%
4.4%
5.3%
▲ 0.9 pts
Free cash flow margin
-2.0%
-4.2%
8.5%
-41.2%
-70.3%
▼ 29 pts
Current ratio
2.77×
1.59×
1.80×
3.83×
2.96×
▼ 23%
Quick ratio
2.71×
1.49×
1.63×
3.66×
2.87×
▼ 22%
Debt to equity
—
—
0.15×
0.89×
0.33×
▼ 63%
Interest coverage
—
—
14.46×
3.98×
4.91×
▲ 23%
SEI price history
Price history is added with the daily price update and will appear after the next one.