Solaris Energy (SEI) | Financial Analysis & Statements

Solaris Energy Infrastructure Inc. | Small-cap | Energy

$32.66

3.13%

Solaris Energy vs Schlumberger Limited Solaris Energy vs Baker Hughes Company Solaris Energy vs Liberty Energy Solaris Energy vs Flowco Holdings Solaris Energy vs ProFrac Holding Solaris Energy vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 313.1M

Gross Profit 81.0M 25.86%

Operating Income 45.4M 14.49%

Net Income 28.9M 9.24%

EPS (Diluted) $0.50

Balance Sheet Metrics

Total Assets 1.1B

Total Liabilities 456.2M

Shareholders Equity 666.7M

Debt to Equity 0.68

Cash Flow Metrics

Operating Cash Flow 62.0M

Free Cash Flow -129.1M

Revenue & Profitability Trend

Solaris Energy Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	313.1M	292.9M	320.0M	159.2M	103.0M
Cost of Goods Sold	232.1M	214.0M	250.2M	142.7M	92.8M
Gross Profit	81.0M	78.9M	69.8M	16.5M	10.2M
Operating Expenses	38.1M	27.6M	24.9M	16.9M	22.3M
Operating Income	45.4M	51.3M	41.8M	-387.0K	-12.1M
Pre-tax Income	36.9M	46.6M	41.3M	-634.0K	-60.1M
Income Tax	8.0M	7.8M	7.8M	626.0K	-9.0M
Net Income	28.9M	38.8M	33.5M	-1.3M	-51.1M
EPS (Diluted)	$0.50	$0.78	$0.64	-$0.04	-$1.03

Income Statement Trend

Solaris Energy Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	251.0M	67.1M	88.7M	81.1M	81.7M
Non-Current Assets	871.8M	401.2M	373.8M	325.2M	330.2M
Total Assets	1.1B	468.3M	462.6M	406.2M	411.9M
Liabilities
Current Liabilities	65.5M	37.2M	55.9M	29.3M	20.2M
Non-Current Liabilities	390.6M	115.5M	89.5M	79.0M	76.2M
Total Liabilities	456.2M	152.7M	145.4M	108.3M	96.4M
Equity
Total Shareholders Equity	666.7M	315.6M	317.1M	297.9M	315.5M

Balance Sheet Composition

Solaris Energy Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	28.9M	38.8M	33.5M	-1.3M	-51.1M
Operating Cash Flow	62.0M	91.0M	52.9M	18.1M	-8.3M
Investing Activities
Capital Expenditures	-188.3M	-64.4M	-81.4M	-19.6M	-4.7M
Investing Cash Flow	-305.0M	-62.0M	-79.5M	-19.5M	-3.8M
Financing Activities
Dividends Paid	-14.6M	-14.1M	-13.8M	-13.6M	-19.2M
Financing Cash Flow	399.7M	-30.9M	-16.1M	-20.8M	-46.7M
Free Cash Flow	-129.1M	25.5M	-13.4M	-3.2M	39.2M

Cash Flow Trend

Solaris Energy Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 55.58

Forward P/E 14.32

Price to Book 2.96

Price to Sales 5.05

PEG Ratio 14.32

Profitability Ratios

Profit Margin 4.53%

Operating Margin 17.46%

Return on Equity 7.07%

Return on Assets 4.68%

Financial Health

Current Ratio 1.67

Debt to Equity 49.11

Beta 1.11

Per Share Data

EPS (TTM) $0.50

Book Value per Share $9.40

Revenue per Share $12.12

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
sei	1.9B	55.58	2.96	7.07%	4.53%	49.11
Schlumberger Limited	45.3B	11.36	2.34	20.20%	11.62%	68.14
Baker Hughes Company	37.5B	12.91	2.20	18.04%	10.51%	35.01
Liberty Energy	2.0B	8.00	0.98	13.18%	6.03%	28.55
Flowco Holdings	1.6B	22.97	0.34	12.52%	10.48%	16.95
ProFrac Holding	1.3B	11.13	1.34	-18.41%	-10.61%	114.23

Financial data is updated regularly. All figures are in the company's reporting currency.