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Side-by-side financial comparison of Charles River Laboratories (CRL) and Solstice Advanced Materials Inc. (SOLS). Click either name above to swap in a different company.

Charles River Laboratories is the larger business by last-quarter revenue ($994.2M vs $969.0M, roughly 1.0× Solstice Advanced Materials Inc.). Solstice Advanced Materials Inc. runs the higher net margin — -3.6% vs -27.8%, a 24.2% gap on every dollar of revenue. On growth, Solstice Advanced Materials Inc. posted the faster year-over-year revenue change (6.8% vs -0.8%). Charles River Laboratories produced more free cash flow last quarter ($58.6M vs $41.0M).

Charles River Laboratories International, Inc. is an American pharmaceutical and biotechnology contract research organisation (CRO) headquartered in Wilmington, Massachusetts, United States. Founded in 1947, the company provides preclinical and clinical laboratory services for the development of new drugs, vaccines, and medical devices.

Solstice Advanced Materials Inc. is a specialty advanced materials provider that develops, produces and distributes high-performance functional materials for renewable energy systems, consumer electronics, industrial manufacturing and advanced automotive sectors. The company focuses on material solutions that boost product durability, energy efficiency and operational performance for its global clients.

CRL vs SOLS — Head-to-Head

Bigger by revenue
CRL
CRL
1.0× larger
CRL
$994.2M
$969.0M
SOLS
Growing faster (revenue YoY)
SOLS
SOLS
+7.7% gap
SOLS
6.8%
-0.8%
CRL
Higher net margin
SOLS
SOLS
24.2% more per $
SOLS
-3.6%
-27.8%
CRL
More free cash flow
CRL
CRL
$17.6M more FCF
CRL
$58.6M
$41.0M
SOLS

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
CRL
CRL
SOLS
SOLS
Revenue
$994.2M
$969.0M
Net Profit
$-276.6M
$-35.0M
Gross Margin
32.0%
Operating Margin
-28.5%
17.9%
Net Margin
-27.8%
-3.6%
Revenue YoY
-0.8%
6.8%
Net Profit YoY
-28.9%
-123.0%
EPS (diluted)
$-5.57

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CRL
CRL
SOLS
SOLS
Q4 25
$994.2M
Q3 25
$1.0B
$969.0M
Q2 25
$1.0B
Q1 25
$984.2M
Q4 24
$1.0B
Q3 24
$1.0B
$907.0M
Q2 24
$1.0B
Q1 24
$1.0B
Net Profit
CRL
CRL
SOLS
SOLS
Q4 25
$-276.6M
Q3 25
$54.4M
$-35.0M
Q2 25
$52.3M
Q1 25
$25.5M
Q4 24
$-214.5M
Q3 24
$69.7M
$152.0M
Q2 24
$94.1M
Q1 24
$73.0M
Gross Margin
CRL
CRL
SOLS
SOLS
Q4 25
Q3 25
32.0%
Q2 25
Q1 25
Q4 24
Q3 24
34.6%
36.6%
Q2 24
34.5%
Q1 24
34.1%
Operating Margin
CRL
CRL
SOLS
SOLS
Q4 25
-28.5%
Q3 25
13.3%
17.9%
Q2 25
9.7%
Q1 25
7.6%
Q4 24
-16.7%
Q3 24
11.6%
21.7%
Q2 24
14.8%
Q1 24
12.5%
Net Margin
CRL
CRL
SOLS
SOLS
Q4 25
-27.8%
Q3 25
5.4%
-3.6%
Q2 25
5.1%
Q1 25
2.6%
Q4 24
-21.4%
Q3 24
6.9%
16.8%
Q2 24
9.2%
Q1 24
7.2%
EPS (diluted)
CRL
CRL
SOLS
SOLS
Q4 25
$-5.57
Q3 25
$1.10
Q2 25
$1.06
Q1 25
$0.50
Q4 24
$-4.17
Q3 24
$1.33
Q2 24
$1.74
Q1 24
$1.30

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CRL
CRL
SOLS
SOLS
Cash + ST InvestmentsLiquidity on hand
$213.8M
$417.0M
Total DebtLower is stronger
$2.1B
Stockholders' EquityBook value
$3.2B
$3.2B
Total Assets
$7.1B
$5.2B
Debt / EquityLower = less leverage
0.68×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRL
CRL
SOLS
SOLS
Q4 25
$213.8M
Q3 25
$207.1M
$417.0M
Q2 25
$182.8M
Q1 25
$229.4M
Q4 24
$194.6M
Q3 24
$210.2M
Q2 24
$179.2M
Q1 24
$327.0M
Total Debt
CRL
CRL
SOLS
SOLS
Q4 25
$2.1B
Q3 25
$2.2B
Q2 25
$2.3B
Q1 25
$2.5B
Q4 24
$2.2B
Q3 24
$2.3B
Q2 24
$2.4B
Q1 24
$2.7B
Stockholders' Equity
CRL
CRL
SOLS
SOLS
Q4 25
$3.2B
Q3 25
$3.4B
$3.2B
Q2 25
$3.4B
Q1 25
$3.2B
Q4 24
$3.5B
Q3 24
$3.8B
$3.2B
Q2 24
$3.7B
Q1 24
$3.6B
Total Assets
CRL
CRL
SOLS
SOLS
Q4 25
$7.1B
Q3 25
$7.5B
$5.2B
Q2 25
$7.6B
Q1 25
$7.6B
Q4 24
$7.5B
Q3 24
$8.0B
Q2 24
$7.9B
Q1 24
$8.2B
Debt / Equity
CRL
CRL
SOLS
SOLS
Q4 25
0.68×
Q3 25
0.64×
Q2 25
0.70×
Q1 25
0.79×
Q4 24
0.65×
Q3 24
0.62×
Q2 24
0.65×
Q1 24
0.73×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CRL
CRL
SOLS
SOLS
Operating Cash FlowLast quarter
$147.5M
$289.0M
Free Cash FlowOCF − Capex
$58.6M
$41.0M
FCF MarginFCF / Revenue
5.9%
4.2%
Capex IntensityCapex / Revenue
8.9%
25.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$518.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRL
CRL
SOLS
SOLS
Q4 25
$147.5M
Q3 25
$213.8M
$289.0M
Q2 25
$204.6M
Q1 25
$171.7M
Q4 24
$159.4M
Q3 24
$251.8M
Q2 24
$193.5M
Q1 24
$129.9M
Free Cash Flow
CRL
CRL
SOLS
SOLS
Q4 25
$58.6M
Q3 25
$178.2M
$41.0M
Q2 25
$169.3M
Q1 25
$112.4M
Q4 24
$83.7M
Q3 24
$213.1M
Q2 24
$154.0M
Q1 24
$50.7M
FCF Margin
CRL
CRL
SOLS
SOLS
Q4 25
5.9%
Q3 25
17.7%
4.2%
Q2 25
16.4%
Q1 25
11.4%
Q4 24
8.4%
Q3 24
21.1%
Q2 24
15.0%
Q1 24
5.0%
Capex Intensity
CRL
CRL
SOLS
SOLS
Q4 25
8.9%
Q3 25
3.5%
25.6%
Q2 25
3.4%
Q1 25
6.0%
Q4 24
7.5%
Q3 24
3.8%
Q2 24
3.8%
Q1 24
7.8%
Cash Conversion
CRL
CRL
SOLS
SOLS
Q4 25
Q3 25
3.93×
Q2 25
3.91×
Q1 25
6.74×
Q4 24
Q3 24
3.61×
Q2 24
2.06×
Q1 24
1.78×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CRL
CRL

Discovery And Safety Assessment Segment$591.6M60%
Manufacturing Support Segment$196.4M20%
Transferred At Point In Time$108.0M11%
Transferred Over Time$98.3M10%

SOLS
SOLS

Refrigerants$400.0M41%
Research And Performance Chemicals$126.0M13%
Electronic Materials$103.0M11%
Other$89.0M9%
Services$64.0M7%
Alternative Energy Services$63.0M7%
Safety And Defense Solutions$53.0M5%
Healthcare Packaging$49.0M5%
Affiliated Entity$22.0M2%

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