Solaris Oilfield Infrastructure, Inc.

    Solaris Oilfield Infrastructure, Inc.

    NNYSE:SOI
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    USD
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    12.35P/E

    Share Statistics

    As of June 30, 2024, Solaris Oilfield Infrastructure, Inc. has 30.34M shares outstanding.

    Shares Outstanding30.34M

    Valuation Ratios

    As of June 30, 2024, Solaris Oilfield Infrastructure, Inc. trades at a trailing price-to-earnings ratio of 12.35. The price-to-sales ratio is 0.89, and the price-to-book ratio stands at 12.22.

    PE Ratio12.35
    PS Ratio0.89
    PB Ratio12.22
    P/TBV Ratio0.80
    P/FCF Ratio2.22
    P/OCF Ratio2.98

    Enterprise Valuation

    As of June 30, 2024, Solaris Oilfield Infrastructure, Inc. trades at an EV/EBITDA multiple of 4.75 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 1.40 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 9.03 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Solaris Oilfield Infrastructure, Inc. trades at an EV/FCF ratio of 3.39, comparing the total takeover cost of the business to the cash it actually generates for all capital providers.

    EV / Sales1.40
    EV / EBITDA4.75
    EV / EBIT9.03
    EV / FCF3.39

    Financial Position

    As of June 30, 2024, Solaris Oilfield Infrastructure, Inc. maintains a current ratio of 1.25, meaning it holds 1.3x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 10.05, indicating elevated leverage, while an interest coverage ratio of 23.36 demonstrates strong ability to service its debt obligations.

    Current Ratio1.25
    Quick Ratio0.99
    Debt / Equity10.05
    Debt / EBITDA0.40
    Interest Coverage23.36

    Financial Efficiency

    Over the twelve months ended June 30, 2024, Solaris Oilfield Infrastructure, Inc. posted a return on equity (ROE) of 111.33, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 9.97 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 4.19, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 6.25, useful for judging operating efficiency across full business cycles. Inventory turnover of 23.38 indicates how many times Solaris Oilfield Infrastructure, Inc. sells and replaces its inventory over a year, a key working capital efficiency ratio.

    Return on Equity (ROE)111.33
    Return on Assets (ROA)4.19
    Return on Invested Capital (ROIC)9.97
    Return on Capital Employed (ROCE)6.25
    Inventory Turnover23.38

    Taxes

    These figures cover the twelve months ended June 30, 2024. That works out to an effective tax rate of 15.63, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items.

    Effective Tax Rate15.63

    Margins

    Over the twelve months ended June 30, 2024, Solaris Oilfield Infrastructure, Inc. posted a gross margin of 26.06, reflecting its pricing power and cost economics. The operating margin of 15.46 and net profit margin of 7.19 provide insight into operational efficiency.

    Gross Margin26.06
    Operating Margin15.46
    Pretax Margin13.68
    Profit Margin7.19
    EBITDA Margin29.36

    Dividends & Yields

    These figures cover the twelve months ended June 30, 2024. The dividend payout ratio of 32.78 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 45.14, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 24.77, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Solaris Oilfield Infrastructure, Inc. shareholders.

    Payout Ratio32.78
    Shareholder Yield24.77
    FCF Yield45.14

    Scores

    As of June 30, 2024, Solaris Oilfield Infrastructure, Inc. has an Altman Z-Score of 2.08, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

    Altman Z-Score2.08