Shareholders being diluted. Shares outstanding up 448% from December 2022 to August 2026.
Solid Biosciences had 448% more shares at August 2026 than at December 2022, mostly from issuing stock (for pay, acquisitions or fundraising). Each existing share now owns a smaller slice of the business.Solid Biosciences had 448% more shares at August 2026 than at December 2022, mostly from issuing stock. Each existing share now owns a smaller slice of the business.
Valuation signals disagree. Cheaper than 50% of peers on free cash flow, but only 0% on earnings.
Relative to its free cash flow, Solid Biosciences looks cheaper than 50% of peers; relative to its earnings, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.
Not profitable yet. Reported a loss over the last 12 months.
Solid Biosciences reported a net loss over the last twelve months, so earnings-based measures can't show it as cheap.
More volatile share price. Beta 2.44: tends to move more than the market.
Solid Biosciences's shares have swung more with the market than most peers' (beta 2.44, above the market's 1.0).
StockQuotient Score
35/ 100Oct 5 36 → Nov 4 35 (-1)Fundamentals: Yahoo Finance, not primary filings
Sector-normalized EBITDA, earnings, and free cash flow yields.
Earnings yield-30.1%
Yahoo Finance · trailing 12 monthsNegative (a loss or cash outflow), so it counts as zero whatever the share price30% base weight · Z-score -1.00Sector median: 0.0148 · MAD: 0.0148
EBITDA yield-66.7%
Yahoo Finance · trailing 12 monthsNegative (a loss or cash outflow), so it counts as zero whatever the share price50% base weight · Z-score -1.00Sector median: 0.0401 · MAD: 0.0401
Free cash flow yield-27.9%
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 0.00Sector median: 0.0000 · MAD: 0.0000
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 Solid Biosciences
Is Solid Biosciences getting weaker?
Its latest SEC filing (Aug 6, 2026) got weaker in some ways: 12-month revenue fell 40.6%; share count up 1323.0%. Its overall score is unchanged at 35/100 since Oct 28, 2026.
How is Solid Biosciences valued vs its peers?
Priced higher than most peers relative to what it earns. Valuation scores 8/100 against 1,393 healthcare peers.Earnings yield -30.1% vs a peer median of 1.5% (weaker than 100% of peers).Earnings yield -30.1% vs peers 1.5% (weaker than 100% of peers).
Is Solid Biosciences growing?
Insufficient data: 0 of 3 inputs reported (at least 2 needed).
How profitable is Solid Biosciences?
Less profitable than most of its peers. Profitability scores 13/100 against 1,393 healthcare peers.Return on assets -49.2% vs a peer median of 1.7% (weaker than 93% of peers).Return on assets -49.2% vs peers 1.7% (weaker than 93% of peers).
How risky is Solid Biosciences?
Lower risk relative to 1,393 healthcare peers, judged on debt, liquidity and share-price swings.Current ratio 13.82× vs a peer median of 2.59× (stronger than 92% of peers).Current ratio 13.82× vs peers 2.59× (stronger than 92% of peers).Beta 2.44 vs a peer median of 0.63 (weaker than 100% of peers).Beta 2.44 vs peers 0.63 (weaker than 100% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Year ended Dec 31, 2022 · filed Aug 6, 2026 · compared with the year ended Dec 31, 2021
Got weaker
12-month revenue fell 40.6%
Share count up 1323.0% (existing holders diluted)
Worth watching: Solid Biosciences is in the bottom fifth of its sector on profitability. From 2021 to 2025, 63% of companies in that position posted a loss over the following year, against 4% for the top fifth.
Previous year
Latest year
Change
Revenue (12 months)
13.6M USD
8.1M USD
−40.6%
Net income (12 months)
−89.4M USD
−207.1M USD
+131.6%
Operating margin
-664.7%
-2621.1%
−1956.4 pts
Free cash flow (12 months)
−87.2M USD
−187.8M USD
+115.4%
Cash
48.8M USD
159.4M USD
+226.7%
Shares outstanding
7.5M
107.2M
+1323.0%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one year at a time.
Industry valuation context
Industry: Biotechnology · 132 companies
Valuations in Biotechnology are within their usual range since 2016.
48% of months since 2016 were valued lower than now.
22% of companies are in the most expensive fifth of their own price-to-sales history.
Median price-to-sales is +530% vs the whole market, against a usual +637%.
2016Shaded: most expensive fifth of its range2026
Earnings-based measures are left out for now because many companies in Biotechnology are losing money.
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 sales and book value 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
-530.5%
-1315.2%
—
—
—
—
Net margin
-530.0%
-1062.3%
—
—
—
—
Return on assets (ROA)
-31.1%
-33.0%
-58.2%
-66.1%
-75.0%
▼ 8.9 pts
Return on equity (ROE)
-34.7%
-40.6%
-75.9%
-90.9%
-96.8%
▼ 6.0 pts
Free cash flow margin
-580.4%
-1247.7%
—
—
—
—
Current ratio
9.43×
9.76×
8.94×
5.20×
6.14×
▲ 18%
Interest coverage
—
—
-236.94×
-381.55×
-882.79×
▼ 131%
SLDB price history
Price history is added with the daily price update and will appear after the next one.