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

PACS Group, Inc. is the larger business by last-quarter revenue ($1.4B vs $969.0M, roughly 1.4× Solstice Advanced Materials Inc.). PACS Group, Inc. runs the higher net margin — 4.4% vs -3.6%, a 8.0% gap on every dollar of revenue. On growth, PACS Group, Inc. posted the faster year-over-year revenue change (18.4% vs 6.8%).

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.

PACS vs SOLS — Head-to-Head

Bigger by revenue
PACS
PACS
1.4× larger
PACS
$1.4B
$969.0M
SOLS
Growing faster (revenue YoY)
PACS
PACS
+11.6% gap
PACS
18.4%
6.8%
SOLS
Higher net margin
PACS
PACS
8.0% more per $
PACS
4.4%
-3.6%
SOLS

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
PACS
PACS
SOLS
SOLS
Revenue
$1.4B
$969.0M
Net Profit
$59.7M
$-35.0M
Gross Margin
32.0%
Operating Margin
7.0%
17.9%
Net Margin
4.4%
-3.6%
Revenue YoY
18.4%
6.8%
Net Profit YoY
3022.5%
-123.0%
EPS (diluted)
$0.42

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
PACS
PACS
SOLS
SOLS
Q4 25
$1.4B
Q3 25
$1.3B
$969.0M
Q2 25
$1.3B
Q1 25
$1.3B
Q4 24
$1.1B
Q3 24
$1.0B
$907.0M
Q2 24
$981.4M
Q1 24
$934.3M
Net Profit
PACS
PACS
SOLS
SOLS
Q4 25
$59.7M
Q3 25
$52.4M
$-35.0M
Q2 25
$51.0M
Q1 25
$28.5M
Q4 24
$1.9M
Q3 24
$15.6M
$152.0M
Q2 24
$-10.9M
Q1 24
$49.1M
Gross Margin
PACS
PACS
SOLS
SOLS
Q4 25
Q3 25
32.0%
Q2 25
Q1 25
Q4 24
Q3 24
17.1%
36.6%
Q2 24
22.3%
Q1 24
21.2%
Operating Margin
PACS
PACS
SOLS
SOLS
Q4 25
7.0%
Q3 25
6.4%
17.9%
Q2 25
6.2%
Q1 25
3.8%
Q4 24
1.7%
Q3 24
2.2%
21.7%
Q2 24
0.1%
Q1 24
8.6%
Net Margin
PACS
PACS
SOLS
SOLS
Q4 25
4.4%
Q3 25
3.9%
-3.6%
Q2 25
3.9%
Q1 25
2.2%
Q4 24
0.2%
Q3 24
1.5%
16.8%
Q2 24
-1.1%
Q1 24
5.3%
EPS (diluted)
PACS
PACS
SOLS
SOLS
Q4 25
$0.42
Q3 25
$0.32
Q2 25
$0.31
Q1 25
$0.17
Q4 24
$-0.03
Q3 24
$0.10
Q2 24
$-0.07
Q1 24
$0.38

Balance Sheet & Financial Strength

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

Metric
PACS
PACS
SOLS
SOLS
Cash + ST InvestmentsLiquidity on hand
$197.0M
$417.0M
Total DebtLower is stronger
$353.2M
Stockholders' EquityBook value
$946.8M
$3.2B
Total Assets
$5.6B
$5.2B
Debt / EquityLower = less leverage
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PACS
PACS
SOLS
SOLS
Q4 25
$197.0M
Q3 25
$355.7M
$417.0M
Q2 25
$294.2M
Q1 25
$287.5M
Q4 24
$157.7M
Q3 24
$49.5M
Q2 24
$73.4M
Q1 24
$81.2M
Total Debt
PACS
PACS
SOLS
SOLS
Q4 25
$353.2M
Q3 25
Q2 25
Q1 25
Q4 24
$411.9M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
PACS
PACS
SOLS
SOLS
Q4 25
$946.8M
Q3 25
$871.3M
$3.2B
Q2 25
$806.8M
Q1 25
$750.2M
Q4 24
$709.6M
Q3 24
$660.0M
$3.2B
Q2 24
$572.1M
Q1 24
$128.0M
Total Assets
PACS
PACS
SOLS
SOLS
Q4 25
$5.6B
Q3 25
$5.6B
$5.2B
Q2 25
$5.5B
Q1 25
$5.5B
Q4 24
$5.2B
Q3 24
$4.5B
Q2 24
$3.9B
Q1 24
$3.9B
Debt / Equity
PACS
PACS
SOLS
SOLS
Q4 25
0.37×
Q3 25
Q2 25
Q1 25
Q4 24
0.58×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
PACS
PACS
SOLS
SOLS
Operating Cash FlowLast quarter
$-3.4M
$289.0M
Free Cash FlowOCF − Capex
$41.0M
FCF MarginFCF / Revenue
4.2%
Capex IntensityCapex / Revenue
25.6%
Cash ConversionOCF / Net Profit
-0.06×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PACS
PACS
SOLS
SOLS
Q4 25
$-3.4M
Q3 25
$204.8M
$289.0M
Q2 25
$52.6M
Q1 25
$150.2M
Q4 24
$64.6M
Q3 24
$209.2M
Q2 24
$34.8M
Q1 24
$58.8M
Free Cash Flow
PACS
PACS
SOLS
SOLS
Q4 25
Q3 25
$41.0M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
PACS
PACS
SOLS
SOLS
Q4 25
Q3 25
4.2%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
PACS
PACS
SOLS
SOLS
Q4 25
Q3 25
25.6%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
PACS
PACS
SOLS
SOLS
Q4 25
-0.06×
Q3 25
3.91×
Q2 25
1.03×
Q1 25
5.28×
Q4 24
33.78×
Q3 24
13.39×
Q2 24
Q1 24
1.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PACS
PACS

Segment breakdown not available.

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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