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Side-by-side financial comparison of OLIN Corp (OLN) and Solstice Advanced Materials Inc. (SOLS). Click either name above to swap in a different company.

OLIN Corp is the larger business by last-quarter revenue ($1.7B vs $969.0M, roughly 1.7× Solstice Advanced Materials Inc.). Solstice Advanced Materials Inc. runs the higher net margin — -3.6% vs -8.6%, a 5.0% gap on every dollar of revenue. On growth, Solstice Advanced Materials Inc. posted the faster year-over-year revenue change (6.8% vs -0.4%).

Olin Corporation is an American manufacturer of ammunition, chlorine, and sodium hydroxide. The company traces its roots to two companies, both founded in 1892: Franklin W. Olin's Equitable Powder Company and the Mathieson Alkali Works. Accidents at Olin chemical plants have exposed employees and nearby residents to health hazards.

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.

OLN vs SOLS — Head-to-Head

Bigger by revenue
OLN
OLN
1.7× larger
OLN
$1.7B
$969.0M
SOLS
Growing faster (revenue YoY)
SOLS
SOLS
+7.2% gap
SOLS
6.8%
-0.4%
OLN
Higher net margin
SOLS
SOLS
5.0% more per $
SOLS
-3.6%
-8.6%
OLN

Income Statement — Q4 2025 vs Q3 2025

Metric
OLN
OLN
SOLS
SOLS
Revenue
$1.7B
$969.0M
Net Profit
$-143.2M
$-35.0M
Gross Margin
1.9%
32.0%
Operating Margin
-9.4%
17.9%
Net Margin
-8.6%
-3.6%
Revenue YoY
-0.4%
6.8%
Net Profit YoY
-1517.8%
-123.0%
EPS (diluted)
$-1.25

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
OLN
OLN
SOLS
SOLS
Q4 25
$1.7B
Q3 25
$1.7B
$969.0M
Q2 25
$1.8B
Q1 25
$1.6B
Q4 24
$1.7B
Q3 24
$1.6B
$907.0M
Q2 24
$1.6B
Q1 24
$1.6B
Net Profit
OLN
OLN
SOLS
SOLS
Q4 25
$-143.2M
Q3 25
$43.7M
$-35.0M
Q2 25
$-2.8M
Q1 25
$1.2M
Q4 24
$10.1M
Q3 24
$-25.2M
$152.0M
Q2 24
$72.3M
Q1 24
$47.8M
Gross Margin
OLN
OLN
SOLS
SOLS
Q4 25
1.9%
Q3 25
10.7%
32.0%
Q2 25
7.9%
Q1 25
9.0%
Q4 24
9.4%
Q3 24
8.5%
36.6%
Q2 24
14.5%
Q1 24
12.7%
Operating Margin
OLN
OLN
SOLS
SOLS
Q4 25
-9.4%
Q3 25
4.8%
17.9%
Q2 25
2.0%
Q1 25
2.7%
Q4 24
2.8%
Q3 24
1.0%
21.7%
Q2 24
8.3%
Q1 24
5.9%
Net Margin
OLN
OLN
SOLS
SOLS
Q4 25
-8.6%
Q3 25
2.6%
-3.6%
Q2 25
-0.2%
Q1 25
0.1%
Q4 24
0.6%
Q3 24
-1.6%
16.8%
Q2 24
4.4%
Q1 24
2.9%
EPS (diluted)
OLN
OLN
SOLS
SOLS
Q4 25
$-1.25
Q3 25
$0.37
Q2 25
$-0.01
Q1 25
$0.01
Q4 24
$0.10
Q3 24
$-0.21
Q2 24
$0.62
Q1 24
$0.40

Balance Sheet & Financial Strength

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

Metric
OLN
OLN
SOLS
SOLS
Cash + ST InvestmentsLiquidity on hand
$167.6M
$417.0M
Total DebtLower is stronger
$2.8B
Stockholders' EquityBook value
$1.8B
$3.2B
Total Assets
$7.3B
$5.2B
Debt / EquityLower = less leverage
1.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OLN
OLN
SOLS
SOLS
Q4 25
$167.6M
Q3 25
$417.0M
Q2 25
Q1 25
Q4 24
$175.6M
Q3 24
Q2 24
Q1 24
Total Debt
OLN
OLN
SOLS
SOLS
Q4 25
$2.8B
Q3 25
$3.0B
Q2 25
$3.0B
Q1 25
$3.0B
Q4 24
$2.7B
Q3 24
$2.8B
Q2 24
$2.8B
Q1 24
$2.7B
Stockholders' Equity
OLN
OLN
SOLS
SOLS
Q4 25
$1.8B
Q3 25
$2.0B
$3.2B
Q2 25
$2.0B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.1B
$3.2B
Q2 24
$2.1B
Q1 24
$2.2B
Total Assets
OLN
OLN
SOLS
SOLS
Q4 25
$7.3B
Q3 25
$7.6B
$5.2B
Q2 25
$7.7B
Q1 25
$7.7B
Q4 24
$7.6B
Q3 24
$7.5B
Q2 24
$7.7B
Q1 24
$7.6B
Debt / Equity
OLN
OLN
SOLS
SOLS
Q4 25
1.55×
Q3 25
1.52×
Q2 25
1.52×
Q1 25
1.50×
Q4 24
1.34×
Q3 24
1.34×
Q2 24
1.31×
Q1 24
1.24×

Cash Flow & Capital Efficiency

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

Metric
OLN
OLN
SOLS
SOLS
Operating Cash FlowLast quarter
$321.2M
$289.0M
Free Cash FlowOCF − Capex
$41.0M
FCF MarginFCF / Revenue
4.2%
Capex IntensityCapex / Revenue
25.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OLN
OLN
SOLS
SOLS
Q4 25
$321.2M
Q3 25
$26.7M
$289.0M
Q2 25
$212.3M
Q1 25
$-86.0M
Q4 24
$141.7M
Q3 24
$189.9M
Q2 24
$90.6M
Q1 24
$81.0M
Free Cash Flow
OLN
OLN
SOLS
SOLS
Q4 25
Q3 25
$-44.4M
$41.0M
Q2 25
Q1 25
$-147.4M
Q4 24
$90.7M
Q3 24
$146.6M
Q2 24
$34.1M
Q1 24
$36.7M
FCF Margin
OLN
OLN
SOLS
SOLS
Q4 25
Q3 25
-2.6%
4.2%
Q2 25
Q1 25
-9.0%
Q4 24
5.4%
Q3 24
9.2%
Q2 24
2.1%
Q1 24
2.2%
Capex Intensity
OLN
OLN
SOLS
SOLS
Q4 25
Q3 25
4.2%
25.6%
Q2 25
Q1 25
3.7%
Q4 24
3.1%
Q3 24
2.7%
Q2 24
3.4%
Q1 24
2.7%
Cash Conversion
OLN
OLN
SOLS
SOLS
Q4 25
Q3 25
0.61×
Q2 25
Q1 25
-71.67×
Q4 24
14.03×
Q3 24
Q2 24
1.25×
Q1 24
1.69×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OLN
OLN

Chlorinechlorinederivativesandothercoproducts$456.2M27%
Causticsoda$400.2M24%
Militaryandlawenforcement$304.6M18%
Epoxyresins$194.9M12%
Aromaticsandallylics$164.4M10%
Commercial$144.8M9%

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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