Solaris Energy Infrastructure, Inc. (SEI) 10-Year Financial Performance & Capital Metrics

SEI • • Industrial / General

EnergyOilfield ServicesPressure Pumping & Hydraulic FracturingProppant & Logistics

AboutSolaris Energy Infrastructure, Inc. designs and manufactures specialized equipment for oil and natural gas operators in the United States. The company provides technician support, last mile, and mobilization logistics services. It is also involved in the transloading and storage of proppant or railcars at its transloading facility. In addition, the company develops Railtronix, an inventory management software; and all-electric equipment that automates the low pressure section of oil and gas well completion sites. It serves exploration and production, and oilfield services industries. The company was formerly known as Solaris Oilfield Infrastructure, Inc. and changed its name to Solaris Energy Infrastructure, Inc. in September 2024. Solaris Energy Infrastructure, Inc. was founded in 2014 and is headquartered in Houston, Texas.Show more

Revenue $313M +6.9%
EBITDA $100M +16.2%
Net Income $16M -35.0%
EPS (Diluted) 0.50 -35.9%
Gross Margin 25.86% -4.0%
EBITDA Margin 31.95% +8.7%
Operating Margin 16.87% -1.0%
Net Margin 5.05% -39.2%
ROE 3.22% -58.2%
ROIC 6.39% -41.4%
Debt/Equity 0.49 +225.7%
Interest Coverage 4.47 -70.4%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 90 (top 10%)
✓High quality earnings: Operating CF exceeds net income
✓Trading near 52-week high

✗Weaknesses

✗Profits declining 21.2% over 5 years
✗Negative free cash flow
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y5.31%

3Y25.29%

TTM62.66%

Profit (Net Income) CAGR

10Y-

5Y-21.19%

3Y-

TTM14.16%

EPS CAGR

10Y-

5Y-21.62%

3Y-

TTM-7.81%

ROCE

10Y Avg8.46%

5Y Avg3.18%

3Y Avg9.89%

Latest7.1%

Peer Comparison

Proppant & Logistics

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
SEISolaris Energy Infrastructure, Inc.	2.7B	55.40	110.80	6.88%	5.05%	2.89%		0.49
SNDSmart Sand, Inc.	150.11M	3.78	49.35	5.2%	1.16%	1.63%	7.23%	0.15
AESIAtlas Energy Solutions Inc.	1.36B	10.93	19.87	71.99%	-1.22%	-1.12%		0.51

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	14.21M	18.16M	67.39M	197.2M	241.69M	102.98M	159.19M	320M	292.95M	313.09M
Revenue Growth %	-	0.28%	2.71%	1.93%	0.23%	-0.57%	0.55%	1.01%	-0.08%	0.07%
Cost of Goods Sold+	9.18M	10.14M	23.52M	79.32M	114.59M	92.78M	142.67M	250.21M	214.03M	232.14M
COGS % of Revenue	0.65%	0.56%	0.35%	0.4%	0.47%	0.9%	0.9%	0.78%	0.73%	0.74%
Gross Profit+	5.02M	8.02M	43.87M	117.87M	127.1M	10.19M	16.52M	69.8M	78.92M	80.95M
Gross Margin %	0.35%	0.44%	0.65%	0.6%	0.53%	0.1%	0.1%	0.22%	0.27%	0.26%
Gross Profit Growth %	-	0.6%	4.47%	1.69%	0.08%	-0.92%	0.62%	3.23%	0.13%	0.03%
Operating Expenses+	6.23M	5.16M	18.41M	18.59M	19.17M	70.09M	16.91M	27.99M	29.01M	28.14M
OpEx % of Revenue	0.44%	0.28%	0.27%	0.09%	0.08%	0.68%	0.11%	0.09%	0.1%	0.09%
Selling, General & Admin	6.23M	5.16M	14.29M	16.76M	18.59M	16.48M	19.26M	23.07M	26.95M	35.62M
SG&A % of Revenue	0.44%	0.28%	0.21%	0.08%	0.08%	0.16%	0.12%	0.07%	0.09%	0.11%
Research & Development	0	0	210K	0	0	0	0	0	0	0
R&D % of Revenue	-	-	0%	-	-	-	-	-	-	-
Other Operating Expenses	0	0	3.92M	1.83M	585K	53.61M	-2.36M	4.92M	2.06M	-7.48M
Operating Income+	-1.21M	2.86M	25.46M	99.29M	107.93M	-59.9M	-387K	41.8M	49.9M	52.82M
Operating Margin %	-0.09%	0.16%	0.38%	0.5%	0.45%	-0.58%	-0%	0.13%	0.17%	0.17%
Operating Income Growth %	-	3.36%	7.9%	2.9%	0.09%	-1.55%	0.99%	109.02%	0.19%	0.06%
EBITDA+	1.18M	6.65M	32.1M	117.71M	134.85M	-32.88M	26.82M	72.24M	86.09M	100.03M
EBITDA Margin %	0.08%	0.37%	0.48%	0.6%	0.56%	-0.32%	0.17%	0.23%	0.29%	0.32%
EBITDA Growth %	-	4.63%	3.82%	2.67%	0.15%	-1.24%	1.82%	1.69%	0.19%	0.16%
D&A (Non-Cash Add-back)	2.4M	3.79M	6.63M	18.42M	26.93M	27.02M	27.21M	30.43M	36.19M	47.22M
EBIT	-1.28M	2.86M	25.46M	99.29M	107.93M	-59.9M	-387K	41.8M	49.9M	48.73M
Net Interest Income+	-22K	-23K	-97K	-374K	-634K	-162K	-247K	-489K	-3.31M	-11.81M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	22K	23K	97K	374K	634K	162K	247K	489K	3.31M	11.81M
Other Income/Expense	-93K	-15K	22.93M	-374K	-634K	-162K	-247K	-489K	-3.31M	-15.89M
Pretax Income+	-1.31M	2.85M	48.39M	98.91M	107.3M	-60.06M	-634K	41.31M	46.59M	36.92M
Pretax Margin %	-0.09%	0.16%	0.72%	0.5%	0.44%	-0.58%	-0%	0.13%	0.16%	0.12%
Income Tax+	67K	43K	33.71M	12.96M	16.94M	-8.97M	626K	7.8M	7.82M	8.01M
Effective Tax Rate %	-	-	-0.09%	0.43%	0.48%	0.49%	1.37%	0.51%	0.52%	0.43%
Net Income+	0	0	-4.17M	42.43M	52.01M	-29.34M	-868K	21.16M	24.34M	15.81M
Net Margin %	-	-	-0.06%	0.22%	0.22%	-0.28%	-0.01%	0.07%	0.08%	0.05%
Net Income Growth %	-	-	-	11.17%	0.23%	-1.56%	0.97%	25.38%	0.15%	-0.35%
Net Income (Continuing)	-1.37M	2.8M	14.68M	85.95M	90.36M	-51.09M	-1.26M	33.51M	38.77M	28.92M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	140.85M	142.43M	145.81M	114.22M	94.73M	101.41M	109.6M	311.11M
EPS (Diluted)+	0.00	0.00	-0.34	1.60	1.69	-1.01	-0.03	0.65	0.78	0.50
EPS Growth %	-	-	-	5.71%	0.06%	-1.6%	0.97%	24.05%	0.2%	-0.36%
EPS (Basic)	0.00	0.00	-0.34	1.60	1.69	-1.01	-0.03	0.65	0.78	0.51
Diluted Shares Outstanding	10.1M	10.1M	12.12M	25.83M	30.18M	28.91M	30.79M	31.48M	29.69M	29.23M
Basic Shares Outstanding	10.1M	10.1M	12.12M	25.68M	30.14M	28.91M	30.79M	31.48M	29.69M	28.76M
Dividend Payout Ratio	-	-	-	0.11%	0.37%	-	-	0.65%	0.58%	0.92%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	10.7M	9.85M	87.55M	80.77M	117.58M	81.73M	81.07M	88.74M	67.14M	250.98M
Cash & Short-Term Investments	6.92M	3.57M	63.42M	25.06M	66.88M	60.37M	36.5M	8.84M	5.83M	114.25M
Cash Only	6.92M	3.57M	63.42M	25.06M	66.88M	60.37M	36.5M	8.84M	5.83M	114.25M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	1.71M	4.51M	12.98M	39.75M	38.55M	18.24M	35.02M	71.37M	47.29M	71.77M
Days Sales Outstanding	43.91	90.66	70.29	73.57	58.22	64.66	80.3	81.4	58.93	83.67
Inventory	1.69M	1.36M	7.53M	10.47M	7.14M	954K	1.65M	5.29M	6.67M	10.95M
Days Inventory Outstanding	67.25	49.14	116.88	48.18	22.76	3.75	4.23	7.72	11.38	17.21
Other Current Assets	0	94K	241K	1.23M	1.84M	1.29M	2.05M	2.14M	6.05M	46.71M
Total Non-Current Assets+	59.85M	67.39M	212.19M	377.84M	387.49M	330.16M	325.15M	373.83M	401.13M	871.82M
Property, Plant & Equipment	46.85M	54.35M	151.16M	296.54M	314.45M	250.59M	244.27M	302.19M	335.82M	648.67M
Fixed Asset Turnover	0.30x	0.33x	0.45x	0.66x	0.77x	0.41x	0.65x	1.06x	0.87x	0.48x
Goodwill	13M	13M	17.24M	17.24M	17.24M	13M	13M	13M	13M	103.98M
Intangible Assets	0	36K	5.33M	4.54M	3.76M	2.98M	2.2M	1.43M	700K	71.5M
Long-Term Investments	0	0	0	0	0	0	0	0	1.66M	1.07M
Other Non-Current Assets	0	0	260K	1.45M	625K	3.78M	2.73M	1.84M	3.6M	3.03M
Total Assets+	70.55M	77.24M	299.74M	458.61M	505.07M	411.9M	406.22M	462.58M	468.3M	1.12B
Asset Turnover	0.20x	0.24x	0.22x	0.43x	0.48x	0.25x	0.39x	0.69x	0.63x	0.28x
Asset Growth %	-	0.09%	2.88%	0.53%	0.1%	-0.18%	-0.01%	0.14%	0.01%	1.4%
Total Current Liabilities+	2.67M	3.08M	20.5M	35.33M	20.39M	20.21M	29.3M	55.91M	37.2M	65.53M
Accounts Payable	664K	705K	5M	9.13M	3.82M	6.86M	9.93M	25.93M	12.65M	21.09M
Days Payables Outstanding	26.39	25.38	77.59	42	12.18	27	25.4	37.83	21.58	33.16
Short-Term Debt	91K	200K	0	0	0	0	0	0	0	8.13M
Deferred Revenue (Current)	0	0	0	1000K	0	0	0	0	0	1000K
Other Current Liabilities	885K	1.24M	4.83M	5.01M	4.2M	4.38M	5.53M	7.7M	8M	10.18M
Current Ratio	4.01x	3.20x	4.27x	2.29x	5.77x	4.04x	2.77x	1.59x	1.80x	3.83x
Quick Ratio	3.37x	2.76x	3.90x	1.99x	5.42x	4.00x	2.71x	1.49x	1.63x	3.66x
Cash Conversion Cycle	84.77	114.42	109.58	79.75	68.8	41.42	59.13	51.29	48.73	67.72
Total Non-Current Liabilities+	413K	2.81M	25M	82.4M	75.03M	76.21M	79.05M	89.54M	115.52M	390.62M
Long-Term Debt	174K	2.6M	0	13M	0	0	0	8M	30M	307.61M
Capital Lease Obligations	239K	213K	179K	154K	7.99M	7.52M	6.77M	9.64M	13.94M	9.24M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	24.82M	56.78M	67.04M	68.69M	72.28M	71.9M	71.57M	73.77M
Total Liabilities	3.08M	5.89M	45.5M	117.73M	95.41M	96.42M	108.35M	145.45M	152.72M	456.15M
Total Debt+	529K	3.04M	212K	13.19M	8.61M	8.2M	7.52M	20.48M	47.79M	328.88M
Net Debt	-6.39M	-527K	-63.21M	-11.87M	-58.27M	-52.17M	-28.98M	11.65M	41.96M	214.62M
Debt / Equity	0.01x	0.04x	0.00x	0.04x	0.02x	0.03x	0.03x	0.06x	0.15x	0.49x
Debt / EBITDA	0.45x	0.46x	0.01x	0.11x	0.06x	-	0.28x	0.28x	0.56x	3.29x
Net Debt / EBITDA	-5.41x	-0.08x	-1.97x	-0.10x	-0.43x	-	-1.08x	0.16x	0.49x	2.15x
Interest Coverage	-55.14x	124.39x	262.48x	265.47x	170.24x	-369.75x	-1.57x	85.49x	15.09x	4.47x
Total Equity+	67.47M	71.35M	254.24M	340.88M	409.66M	315.48M	297.88M	317.13M	315.58M	666.73M
Equity Growth %	-	0.06%	2.56%	0.34%	0.2%	-0.23%	-0.06%	0.06%	-0%	1.11%
Book Value per Share	6.68	7.06	20.98	13.20	13.57	10.91	9.68	10.07	10.63	22.81
Total Shareholders' Equity	67.47M	71.35M	113.39M	198.45M	263.85M	201.25M	203.15M	215.72M	205.98M	355.62M
Common Stock	68.19M	69.27M	190K	271K	308K	290K	312K	317K	290K	359K
Retained Earnings	-724K	2.08M	-4.17M	35.51M	74.22M	20.55M	5.92M	12.85M	17.31M	17.66M
Treasury Stock	0	0	-261K	-1.41M	-2.53M	0	0	0	0	0
Accumulated OCI	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	140.85M	142.43M	145.81M	114.22M	94.73M	101.41M	109.6M	311.11M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	2.16M	4.52M	26.73M	116.36M	114.87M	43.85M	16.47M	68M	88.26M	59.37M
Operating CF Margin %	0.15%	0.25%	0.4%	0.59%	0.48%	0.43%	0.1%	0.21%	0.3%	0.19%
Operating CF Growth %	-	1.1%	4.91%	3.35%	-0.01%	-0.62%	-0.62%	3.13%	0.3%	-0.33%
Net Income	-1.37M	2.8M	14.68M	85.95M	90.36M	-51.09M	-1.26M	33.51M	38.77M	28.92M
Depreciation & Amortization	2.4M	3.79M	6.63M	18.42M	26.93M	27.02M	27.21M	30.43M	36.19M	47.22M
Stock-Based Compensation	64K	127K	3.7M	3.86M	4.47M	4.74M	5.21M	6.09M	7.74M	10.59M
Deferred Taxes	0	0	33.46M	12.28M	16.12M	-9.15M	132K	7.68M	7.25M	3.98M
Other Non-Cash Items	22K	135K	-22.5M	1.23M	1.41M	52.15M	516K	2.61M	989K	-2.66M
Working Capital Changes	1.05M	-2.34M	-9.24M	-5.38M	-24.42M	20.19M	-15.34M	-12.34M	-2.68M	-28.69M
Change in Receivables	1.05M	-3.06M	-8.47M	-26.77M	853K	17.4M	-15.24M	-35.93M	19.7M	-16.78M
Change in Inventory	1.79M	327K	-7.53M	-10.47M	-2.74M	-235K	-978K	-4.62M	-6.19M	-2.25M
Change in Payables	-1.51M	41K	4.22M	4.47M	-3.58M	3.05M	2.96M	13.34M	-10.63M	-3.45M
Cash from Investing+	-27.86M	-10.94M	-98.98M	-160.54M	-34M	-3.77M	-19.52M	-79.54M	-62M	-305.03M
Capital Expenditures	-27.79M	-10.9M	-93.91M	-161.08M	-34.85M	-4.66M	-19.64M	-81.41M	-64.39M	-188.42M
CapEx % of Revenue	1.96%	0.6%	1.39%	0.82%	0.14%	0.05%	0.12%	0.25%	0.22%	0.6%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	4K	-36K	-72K	534K	850K	886K	114K	1.87M	2.38M	452K
Cash from Financing+	7.88M	3.06M	132.11M	5.82M	-39.04M	-46.59M	-20.82M	-16.12M	-29.26M	399.7M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	-25.82M	-4.71M	-19.26M	-19.18M	-13.56M	-13.8M	-14.07M	-14.6M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	8.16M	795K	-111K	-1.3M	-2.39M	-212K	-7.24M	-8.71M	-8.41M	-32.35M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-25.63M	-6.41M	-67.25M	-44.72M	80.02M	39.19M	-3.17M	-13.41M	23.87M	-129.05M
FCF Margin %	-1.8%	-0.35%	-1%	-0.23%	0.33%	0.38%	-0.02%	-0.04%	0.08%	-0.41%
FCF Growth %	-	0.75%	-9.49%	0.34%	2.79%	-0.51%	-1.08%	-3.24%	2.78%	-6.41%
FCF per Share	-2.54	-0.64	-5.55	-1.73	2.65	1.36	-0.10	-0.43	0.80	-4.41
FCF Conversion (FCF/Net Income)	-	-	-6.40x	2.74x	2.21x	-1.49x	-18.98x	3.21x	3.63x	3.76x
Interest Paid	18K	20K	104K	281K	275K	282K	132K	249K	2.96M	11.46M
Taxes Paid	60K	35K	45K	314K	663K	796K	325K	370K	478K	503K

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-	-2.56%	14.26%	13.86%	-8.09%	-0.28%	6.88%	7.69%	3.22%
Return on Invested Capital (ROIC)	-1.49%	3.25%	14.59%	28.64%	23.79%	-14.62%	-0.11%	10.49%	10.91%	6.39%
Gross Margin	35.35%	44.16%	65.1%	59.77%	52.59%	9.9%	10.38%	21.81%	26.94%	25.86%
Net Margin	-	-	-6.19%	21.52%	21.52%	-28.49%	-0.55%	6.61%	8.31%	5.05%
Debt / Equity	0.01x	0.04x	0.00x	0.04x	0.02x	0.03x	0.03x	0.06x	0.15x	0.49x
Interest Coverage	-55.14x	124.39x	262.48x	265.47x	170.24x	-369.75x	-1.57x	85.49x	15.09x	4.47x
FCF Conversion	-	-	-6.40x	2.74x	2.21x	-1.49x	-18.98x	3.21x	3.63x	3.76x
Revenue Growth	-	27.82%	271.18%	192.6%	22.56%	-57.39%	54.59%	101.02%	-8.46%	6.88%

Frequently Asked Questions

Valuation & Price

Solaris Energy Infrastructure, Inc. (SEI) has a price-to-earnings (P/E) ratio of 110.8x. This suggests investors expect higher future growth.

Growth & Financials

Solaris Energy Infrastructure, Inc. (SEI) reported $447.0M in revenue for fiscal year 2024. This represents a 3047% increase from $14.2M in 2015.

Solaris Energy Infrastructure, Inc. (SEI) grew revenue by 6.9% over the past year. This is steady growth.

Yes, Solaris Energy Infrastructure, Inc. (SEI) is profitable, generating $22.6M in net income for fiscal year 2024 (5.0% net margin).

Dividend & Returns

Yes, Solaris Energy Infrastructure, Inc. (SEI) pays a dividend with a yield of 0.90%. This makes it attractive for income-focused investors.

Solaris Energy Infrastructure, Inc. (SEI) has a return on equity (ROE) of 3.2%. This is below average, suggesting room for improvement.

Solaris Energy Infrastructure, Inc. (SEI) had negative free cash flow of $440.3M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

...

Solaris Energy Infrastructure, Inc. (SEI) 10-Year Financial Performance & Capital Metrics

SEI • • Industrial / General

EnergyOilfield ServicesPressure Pumping & Hydraulic FracturingProppant & Logistics

Revenue $313M +6.9%
EBITDA $100M +16.2%
Net Income $16M -35.0%
EPS (Diluted) 0.50 -35.9%
Gross Margin 25.86% -4.0%
EBITDA Margin 31.95% +8.7%
Operating Margin 16.87% -1.0%
Net Margin 5.05% -39.2%
ROE 3.22% -58.2%
ROIC 6.39% -41.4%
Debt/Equity 0.49 +225.7%
Interest Coverage 4.47 -70.4%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 90 (top 10%)
✓High quality earnings: Operating CF exceeds net income
✓Trading near 52-week high

✗Weaknesses

✗Profits declining 21.2% over 5 years
✗Negative free cash flow
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y5.31%

3Y25.29%

TTM62.66%

Profit (Net Income) CAGR

10Y-

5Y-21.19%

3Y-

TTM14.16%

EPS CAGR

10Y-

5Y-21.62%

3Y-

TTM-7.81%

ROCE

10Y Avg8.46%

5Y Avg3.18%

3Y Avg9.89%

Latest7.1%

Peer Comparison

Proppant & Logistics

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
SEISolaris Energy Infrastructure, Inc.	2.7B	55.40	110.80	6.88%	5.05%	2.89%		0.49
SNDSmart Sand, Inc.	150.11M	3.78	49.35	5.2%	1.16%	1.63%	7.23%	0.15
AESIAtlas Energy Solutions Inc.	1.36B	10.93	19.87	71.99%	-1.22%	-1.12%		0.51

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	14.21M	18.16M	67.39M	197.2M	241.69M	102.98M	159.19M	320M	292.95M	313.09M
Revenue Growth %	-	0.28%	2.71%	1.93%	0.23%	-0.57%	0.55%	1.01%	-0.08%	0.07%
Cost of Goods Sold+	9.18M	10.14M	23.52M	79.32M	114.59M	92.78M	142.67M	250.21M	214.03M	232.14M
COGS % of Revenue	0.65%	0.56%	0.35%	0.4%	0.47%	0.9%	0.9%	0.78%	0.73%	0.74%
Gross Profit+	5.02M	8.02M	43.87M	117.87M	127.1M	10.19M	16.52M	69.8M	78.92M	80.95M
Gross Margin %	0.35%	0.44%	0.65%	0.6%	0.53%	0.1%	0.1%	0.22%	0.27%	0.26%
Gross Profit Growth %	-	0.6%	4.47%	1.69%	0.08%	-0.92%	0.62%	3.23%	0.13%	0.03%
Operating Expenses+	6.23M	5.16M	18.41M	18.59M	19.17M	70.09M	16.91M	27.99M	29.01M	28.14M
OpEx % of Revenue	0.44%	0.28%	0.27%	0.09%	0.08%	0.68%	0.11%	0.09%	0.1%	0.09%
Selling, General & Admin	6.23M	5.16M	14.29M	16.76M	18.59M	16.48M	19.26M	23.07M	26.95M	35.62M
SG&A % of Revenue	0.44%	0.28%	0.21%	0.08%	0.08%	0.16%	0.12%	0.07%	0.09%	0.11%
Research & Development	0	0	210K	0	0	0	0	0	0	0
R&D % of Revenue	-	-	0%	-	-	-	-	-	-	-
Other Operating Expenses	0	0	3.92M	1.83M	585K	53.61M	-2.36M	4.92M	2.06M	-7.48M
Operating Income+	-1.21M	2.86M	25.46M	99.29M	107.93M	-59.9M	-387K	41.8M	49.9M	52.82M
Operating Margin %	-0.09%	0.16%	0.38%	0.5%	0.45%	-0.58%	-0%	0.13%	0.17%	0.17%
Operating Income Growth %	-	3.36%	7.9%	2.9%	0.09%	-1.55%	0.99%	109.02%	0.19%	0.06%
EBITDA+	1.18M	6.65M	32.1M	117.71M	134.85M	-32.88M	26.82M	72.24M	86.09M	100.03M
EBITDA Margin %	0.08%	0.37%	0.48%	0.6%	0.56%	-0.32%	0.17%	0.23%	0.29%	0.32%
EBITDA Growth %	-	4.63%	3.82%	2.67%	0.15%	-1.24%	1.82%	1.69%	0.19%	0.16%
D&A (Non-Cash Add-back)	2.4M	3.79M	6.63M	18.42M	26.93M	27.02M	27.21M	30.43M	36.19M	47.22M
EBIT	-1.28M	2.86M	25.46M	99.29M	107.93M	-59.9M	-387K	41.8M	49.9M	48.73M
Net Interest Income+	-22K	-23K	-97K	-374K	-634K	-162K	-247K	-489K	-3.31M	-11.81M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	22K	23K	97K	374K	634K	162K	247K	489K	3.31M	11.81M
Other Income/Expense	-93K	-15K	22.93M	-374K	-634K	-162K	-247K	-489K	-3.31M	-15.89M
Pretax Income+	-1.31M	2.85M	48.39M	98.91M	107.3M	-60.06M	-634K	41.31M	46.59M	36.92M
Pretax Margin %	-0.09%	0.16%	0.72%	0.5%	0.44%	-0.58%	-0%	0.13%	0.16%	0.12%
Income Tax+	67K	43K	33.71M	12.96M	16.94M	-8.97M	626K	7.8M	7.82M	8.01M
Effective Tax Rate %	-	-	-0.09%	0.43%	0.48%	0.49%	1.37%	0.51%	0.52%	0.43%
Net Income+	0	0	-4.17M	42.43M	52.01M	-29.34M	-868K	21.16M	24.34M	15.81M
Net Margin %	-	-	-0.06%	0.22%	0.22%	-0.28%	-0.01%	0.07%	0.08%	0.05%
Net Income Growth %	-	-	-	11.17%	0.23%	-1.56%	0.97%	25.38%	0.15%	-0.35%
Net Income (Continuing)	-1.37M	2.8M	14.68M	85.95M	90.36M	-51.09M	-1.26M	33.51M	38.77M	28.92M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	140.85M	142.43M	145.81M	114.22M	94.73M	101.41M	109.6M	311.11M
EPS (Diluted)+	0.00	0.00	-0.34	1.60	1.69	-1.01	-0.03	0.65	0.78	0.50
EPS Growth %	-	-	-	5.71%	0.06%	-1.6%	0.97%	24.05%	0.2%	-0.36%
EPS (Basic)	0.00	0.00	-0.34	1.60	1.69	-1.01	-0.03	0.65	0.78	0.51
Diluted Shares Outstanding	10.1M	10.1M	12.12M	25.83M	30.18M	28.91M	30.79M	31.48M	29.69M	29.23M
Basic Shares Outstanding	10.1M	10.1M	12.12M	25.68M	30.14M	28.91M	30.79M	31.48M	29.69M	28.76M
Dividend Payout Ratio	-	-	-	0.11%	0.37%	-	-	0.65%	0.58%	0.92%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	10.7M	9.85M	87.55M	80.77M	117.58M	81.73M	81.07M	88.74M	67.14M	250.98M
Cash & Short-Term Investments	6.92M	3.57M	63.42M	25.06M	66.88M	60.37M	36.5M	8.84M	5.83M	114.25M
Cash Only	6.92M	3.57M	63.42M	25.06M	66.88M	60.37M	36.5M	8.84M	5.83M	114.25M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	1.71M	4.51M	12.98M	39.75M	38.55M	18.24M	35.02M	71.37M	47.29M	71.77M
Days Sales Outstanding	43.91	90.66	70.29	73.57	58.22	64.66	80.3	81.4	58.93	83.67
Inventory	1.69M	1.36M	7.53M	10.47M	7.14M	954K	1.65M	5.29M	6.67M	10.95M
Days Inventory Outstanding	67.25	49.14	116.88	48.18	22.76	3.75	4.23	7.72	11.38	17.21
Other Current Assets	0	94K	241K	1.23M	1.84M	1.29M	2.05M	2.14M	6.05M	46.71M
Total Non-Current Assets+	59.85M	67.39M	212.19M	377.84M	387.49M	330.16M	325.15M	373.83M	401.13M	871.82M
Property, Plant & Equipment	46.85M	54.35M	151.16M	296.54M	314.45M	250.59M	244.27M	302.19M	335.82M	648.67M
Fixed Asset Turnover	0.30x	0.33x	0.45x	0.66x	0.77x	0.41x	0.65x	1.06x	0.87x	0.48x
Goodwill	13M	13M	17.24M	17.24M	17.24M	13M	13M	13M	13M	103.98M
Intangible Assets	0	36K	5.33M	4.54M	3.76M	2.98M	2.2M	1.43M	700K	71.5M
Long-Term Investments	0	0	0	0	0	0	0	0	1.66M	1.07M
Other Non-Current Assets	0	0	260K	1.45M	625K	3.78M	2.73M	1.84M	3.6M	3.03M
Total Assets+	70.55M	77.24M	299.74M	458.61M	505.07M	411.9M	406.22M	462.58M	468.3M	1.12B
Asset Turnover	0.20x	0.24x	0.22x	0.43x	0.48x	0.25x	0.39x	0.69x	0.63x	0.28x
Asset Growth %	-	0.09%	2.88%	0.53%	0.1%	-0.18%	-0.01%	0.14%	0.01%	1.4%
Total Current Liabilities+	2.67M	3.08M	20.5M	35.33M	20.39M	20.21M	29.3M	55.91M	37.2M	65.53M
Accounts Payable	664K	705K	5M	9.13M	3.82M	6.86M	9.93M	25.93M	12.65M	21.09M
Days Payables Outstanding	26.39	25.38	77.59	42	12.18	27	25.4	37.83	21.58	33.16
Short-Term Debt	91K	200K	0	0	0	0	0	0	0	8.13M
Deferred Revenue (Current)	0	0	0	1000K	0	0	0	0	0	1000K
Other Current Liabilities	885K	1.24M	4.83M	5.01M	4.2M	4.38M	5.53M	7.7M	8M	10.18M
Current Ratio	4.01x	3.20x	4.27x	2.29x	5.77x	4.04x	2.77x	1.59x	1.80x	3.83x
Quick Ratio	3.37x	2.76x	3.90x	1.99x	5.42x	4.00x	2.71x	1.49x	1.63x	3.66x
Cash Conversion Cycle	84.77	114.42	109.58	79.75	68.8	41.42	59.13	51.29	48.73	67.72
Total Non-Current Liabilities+	413K	2.81M	25M	82.4M	75.03M	76.21M	79.05M	89.54M	115.52M	390.62M
Long-Term Debt	174K	2.6M	0	13M	0	0	0	8M	30M	307.61M
Capital Lease Obligations	239K	213K	179K	154K	7.99M	7.52M	6.77M	9.64M	13.94M	9.24M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	24.82M	56.78M	67.04M	68.69M	72.28M	71.9M	71.57M	73.77M
Total Liabilities	3.08M	5.89M	45.5M	117.73M	95.41M	96.42M	108.35M	145.45M	152.72M	456.15M
Total Debt+	529K	3.04M	212K	13.19M	8.61M	8.2M	7.52M	20.48M	47.79M	328.88M
Net Debt	-6.39M	-527K	-63.21M	-11.87M	-58.27M	-52.17M	-28.98M	11.65M	41.96M	214.62M
Debt / Equity	0.01x	0.04x	0.00x	0.04x	0.02x	0.03x	0.03x	0.06x	0.15x	0.49x
Debt / EBITDA	0.45x	0.46x	0.01x	0.11x	0.06x	-	0.28x	0.28x	0.56x	3.29x
Net Debt / EBITDA	-5.41x	-0.08x	-1.97x	-0.10x	-0.43x	-	-1.08x	0.16x	0.49x	2.15x
Interest Coverage	-55.14x	124.39x	262.48x	265.47x	170.24x	-369.75x	-1.57x	85.49x	15.09x	4.47x
Total Equity+	67.47M	71.35M	254.24M	340.88M	409.66M	315.48M	297.88M	317.13M	315.58M	666.73M
Equity Growth %	-	0.06%	2.56%	0.34%	0.2%	-0.23%	-0.06%	0.06%	-0%	1.11%
Book Value per Share	6.68	7.06	20.98	13.20	13.57	10.91	9.68	10.07	10.63	22.81
Total Shareholders' Equity	67.47M	71.35M	113.39M	198.45M	263.85M	201.25M	203.15M	215.72M	205.98M	355.62M
Common Stock	68.19M	69.27M	190K	271K	308K	290K	312K	317K	290K	359K
Retained Earnings	-724K	2.08M	-4.17M	35.51M	74.22M	20.55M	5.92M	12.85M	17.31M	17.66M
Treasury Stock	0	0	-261K	-1.41M	-2.53M	0	0	0	0	0
Accumulated OCI	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	140.85M	142.43M	145.81M	114.22M	94.73M	101.41M	109.6M	311.11M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	2.16M	4.52M	26.73M	116.36M	114.87M	43.85M	16.47M	68M	88.26M	59.37M
Operating CF Margin %	0.15%	0.25%	0.4%	0.59%	0.48%	0.43%	0.1%	0.21%	0.3%	0.19%
Operating CF Growth %	-	1.1%	4.91%	3.35%	-0.01%	-0.62%	-0.62%	3.13%	0.3%	-0.33%
Net Income	-1.37M	2.8M	14.68M	85.95M	90.36M	-51.09M	-1.26M	33.51M	38.77M	28.92M
Depreciation & Amortization	2.4M	3.79M	6.63M	18.42M	26.93M	27.02M	27.21M	30.43M	36.19M	47.22M
Stock-Based Compensation	64K	127K	3.7M	3.86M	4.47M	4.74M	5.21M	6.09M	7.74M	10.59M
Deferred Taxes	0	0	33.46M	12.28M	16.12M	-9.15M	132K	7.68M	7.25M	3.98M
Other Non-Cash Items	22K	135K	-22.5M	1.23M	1.41M	52.15M	516K	2.61M	989K	-2.66M
Working Capital Changes	1.05M	-2.34M	-9.24M	-5.38M	-24.42M	20.19M	-15.34M	-12.34M	-2.68M	-28.69M
Change in Receivables	1.05M	-3.06M	-8.47M	-26.77M	853K	17.4M	-15.24M	-35.93M	19.7M	-16.78M
Change in Inventory	1.79M	327K	-7.53M	-10.47M	-2.74M	-235K	-978K	-4.62M	-6.19M	-2.25M
Change in Payables	-1.51M	41K	4.22M	4.47M	-3.58M	3.05M	2.96M	13.34M	-10.63M	-3.45M
Cash from Investing+	-27.86M	-10.94M	-98.98M	-160.54M	-34M	-3.77M	-19.52M	-79.54M	-62M	-305.03M
Capital Expenditures	-27.79M	-10.9M	-93.91M	-161.08M	-34.85M	-4.66M	-19.64M	-81.41M	-64.39M	-188.42M
CapEx % of Revenue	1.96%	0.6%	1.39%	0.82%	0.14%	0.05%	0.12%	0.25%	0.22%	0.6%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	4K	-36K	-72K	534K	850K	886K	114K	1.87M	2.38M	452K
Cash from Financing+	7.88M	3.06M	132.11M	5.82M	-39.04M	-46.59M	-20.82M	-16.12M	-29.26M	399.7M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	-25.82M	-4.71M	-19.26M	-19.18M	-13.56M	-13.8M	-14.07M	-14.6M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	8.16M	795K	-111K	-1.3M	-2.39M	-212K	-7.24M	-8.71M	-8.41M	-32.35M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-25.63M	-6.41M	-67.25M	-44.72M	80.02M	39.19M	-3.17M	-13.41M	23.87M	-129.05M
FCF Margin %	-1.8%	-0.35%	-1%	-0.23%	0.33%	0.38%	-0.02%	-0.04%	0.08%	-0.41%
FCF Growth %	-	0.75%	-9.49%	0.34%	2.79%	-0.51%	-1.08%	-3.24%	2.78%	-6.41%
FCF per Share	-2.54	-0.64	-5.55	-1.73	2.65	1.36	-0.10	-0.43	0.80	-4.41
FCF Conversion (FCF/Net Income)	-	-	-6.40x	2.74x	2.21x	-1.49x	-18.98x	3.21x	3.63x	3.76x
Interest Paid	18K	20K	104K	281K	275K	282K	132K	249K	2.96M	11.46M
Taxes Paid	60K	35K	45K	314K	663K	796K	325K	370K	478K	503K

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-	-2.56%	14.26%	13.86%	-8.09%	-0.28%	6.88%	7.69%	3.22%
Return on Invested Capital (ROIC)	-1.49%	3.25%	14.59%	28.64%	23.79%	-14.62%	-0.11%	10.49%	10.91%	6.39%
Gross Margin	35.35%	44.16%	65.1%	59.77%	52.59%	9.9%	10.38%	21.81%	26.94%	25.86%
Net Margin	-	-	-6.19%	21.52%	21.52%	-28.49%	-0.55%	6.61%	8.31%	5.05%
Debt / Equity	0.01x	0.04x	0.00x	0.04x	0.02x	0.03x	0.03x	0.06x	0.15x	0.49x
Interest Coverage	-55.14x	124.39x	262.48x	265.47x	170.24x	-369.75x	-1.57x	85.49x	15.09x	4.47x
FCF Conversion	-	-	-6.40x	2.74x	2.21x	-1.49x	-18.98x	3.21x	3.63x	3.76x
Revenue Growth	-	27.82%	271.18%	192.6%	22.56%	-57.39%	54.59%	101.02%	-8.46%	6.88%

Frequently Asked Questions

Valuation & Price

Solaris Energy Infrastructure, Inc. (SEI) has a price-to-earnings (P/E) ratio of 110.8x. This suggests investors expect higher future growth.

Growth & Financials

Solaris Energy Infrastructure, Inc. (SEI) reported $447.0M in revenue for fiscal year 2024. This represents a 3047% increase from $14.2M in 2015.

Solaris Energy Infrastructure, Inc. (SEI) grew revenue by 6.9% over the past year. This is steady growth.

Yes, Solaris Energy Infrastructure, Inc. (SEI) is profitable, generating $22.6M in net income for fiscal year 2024 (5.0% net margin).

Dividend & Returns

Yes, Solaris Energy Infrastructure, Inc. (SEI) pays a dividend with a yield of 0.90%. This makes it attractive for income-focused investors.

Solaris Energy Infrastructure, Inc. (SEI) has a return on equity (ROE) of 3.2%. This is below average, suggesting room for improvement.

Solaris Energy Infrastructure, Inc. (SEI) had negative free cash flow of $440.3M in fiscal year 2024, likely due to heavy capital investments.