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Innospec vs Solstice Advanced Materials: revenue, profit, margins and growth compared

Innospec brought in $1.8B of revenue in fiscal 2025, Solstice Advanced Materials $3.9B in fiscal 2025. Revenue changed by -3.7% at Innospec and +3.1% at Solstice Advanced Materials on the year before, so Solstice Advanced Materials grew faster. Innospec kept 6.6% of its revenue as net profit, Solstice Advanced Materials 6.1%. Free cash flow was $88M at Innospec and $119M at Solstice Advanced Materials.

Side by side, latest fiscal year

IOSPSOLS
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$1.8B$3.9B
Revenue growth-3.7%+3.1%
Net income$116.6M$237M
Net margin6.6%6.1%
Free cash flow$88M$119M
Free cash flow margin4.9%3.1%
Earnings per share (diluted)$4.67$1.49
Cash$292.5M$534M
Debtn/a$2B
Price to earnings21.138.0
Market value$2.4B$9B
Dividend yield1.73%n/a
Rank by revenue in sector#231 of 451 · Industrials#146 of 451 · Industrials

Over the years

Revenue
IOSP FY2018: $1.5BIOSP FY2019: $1.5BIOSP FY2020: $1.2BIOSP FY2021: $1.5BIOSP FY2022: $2BIOSP FY2023: $1.9BIOSP FY2024: $1.8BIOSP FY2025: $1.8BSOLS FY2023: $3.6BSOLS FY2025: $3.8BSOLS FY2025: $3.9BFY18FY19FY20FY21FY22FY23FY24FY25
IOSP $1.8BSOLS $3.9B
Net income
IOSP FY2018: $85MIOSP FY2019: $112.2MIOSP FY2020: $28.7MIOSP FY2021: $93.1MIOSP FY2022: $133MIOSP FY2023: $139.1MIOSP FY2024: $35.6MIOSP FY2025: $116.6MSOLS FY2023: $621MSOLS FY2025: $594MSOLS FY2025: $237MFY18FY19FY20FY21FY22FY23FY24FY25
IOSP $116.6MSOLS $237M
Net margin
IOSP FY2018: 5.8%IOSP FY2019: 7.4%IOSP FY2020: 2.4%IOSP FY2021: 6.3%IOSP FY2022: 6.8%IOSP FY2023: 7.1%IOSP FY2024: 1.9%IOSP FY2025: 6.6%SOLS FY2023: 17.0%SOLS FY2025: 15.8%SOLS FY2025: 6.1%FY18FY19FY20FY21FY22FY23FY24FY25
IOSP 6.6%SOLS 6.1%
Revenue growth
IOSP FY2019: +2.5%IOSP FY2020: -21.2%IOSP FY2021: +24.3%IOSP FY2022: +32.4%IOSP FY2023: -0.8%IOSP FY2024: -5.3%IOSP FY2025: -3.7%SOLS FY2025: +3.3%SOLS FY2025: +3.1%FY19FY20FY21FY22FY23FY24FY25
IOSP -3.7%SOLS +3.1%
Free cash flow
IOSP FY2018: $76MIOSP FY2019: $131.7MIOSP FY2020: $116.2MIOSP FY2021: $54.1MIOSP FY2022: $42.1MIOSP FY2023: $145.2MIOSP FY2024: $143.1MIOSP FY2025: $88MSOLS FY2023: $461MSOLS FY2025: $546MSOLS FY2025: $119MFY18FY19FY20FY21FY22FY23FY24FY25
IOSP $88MSOLS $119M

Fiscal years as each company reports them; the two may end in different months.

Questions about Innospec and Solstice Advanced Materials

Which is bigger by revenue, Innospec or Solstice Advanced Materials?

Solstice Advanced Materials is bigger by revenue: $3.9B in fiscal 2025, against $1.8B for Innospec in fiscal 2025.

Which keeps more of its revenue as profit, Innospec or Solstice Advanced Materials?

Innospec had a net margin of 6.6% in fiscal 2025; Solstice Advanced Materials had 6.1% in fiscal 2025.

Which grew revenue faster, Innospec or Solstice Advanced Materials?

In their latest fiscal years revenue changed by -3.7% at Innospec and +3.1% at Solstice Advanced Materials.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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