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US provider of mobile natural-gas power generation and oilfield logistics equipment, increasingly serving data centers.
US provider of mobile natural-gas power generation and oilfield logistics equipment, increasingly serving data centers.
Rents out equipment instead of selling it: mobile gas-fired power units, now increasingly for data centres, and systems that handle sand at oil wells, with income from recurring rental and service fees on contracts. Buying a power-rental business changed its shape from an oilfield-services company to a power provider.
Moat: narrow (installed base, scale). Fast-growing fleet of mobile gas turbines gives early-mover access to data-center power demand.
Headquarters: Houston, Texas, US · Founded: 2014 · Employees: 468
Size Solaris Energy Infrastructure (SEI) is a United States Energy company (Oilfield Services/Equipment) with a market value of $4.63B, the 1235th largest of 3,117 United States companies the cockpit tracks. Shares closed at $57.77 on 6 Nov 2026.
Performance Over six months the shares fell 20.8%, against -14.2% for the median peer and -1.1% for the United States market (cap-weighted) — 6th lowest of 18 in its peer set.
Growth Revenue grew 70.5% over the last twelve months (peer median +7.6%); the operating margin is 24.3% (peer median 15.6%).
Valuation It trades at 16.8× forward earnings against a peer median of 14.7× (6th most expensive of 18).
Capital Return on invested capital runs 5.1 points below its cost of capital (9.6% WACC).
Credit Solaris Energy Infrastructure has 1 bond outstanding ($1.30B), rated BB- by the agencies and trading like BB- at a weighted spread of 252 bp.
Short interest Short interest is 23.8% of the free float (15 Oct 2026).
Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $762M | $622M | $313M | $293M | $320M |
| Revenue growth | — | +99% | +7% | -8% | — |
| Gross profit | $270M | $201M | $81.0M | $78.9M | $69.8M |
| EBITDA | $295M | $222M | $97.0M | $87.5M | $72.2M |
| Net income | $52.6M | $28.9M | $14.8M | $23.2M | $20.3M |
| Free cash flow | -$728M | -$438M | -$129M | $23.9M | -$13.8M |
| Capital expenditure | $1.15B | $647M | $188M | $64.4M | $81.4M |
| Total debt | $2.51B | $1.08B | $329M | $47.8M | $20.5M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Solaris Energy Infrastructure SEI | $4.63B | -21% | +71% | 24% | 16.8× | n/a |
| Archrock AROC | $4.83B | -25% | +4% | 39% | 13.8× | 2.8% |
| Kodiak Gas Services KGS | $4.21B | -40% | +8% | 33% | 17.0× | 9.3% |
| Caterpillar CAT | $257B | -38% | +20% | 19% | 18.8× | 18.0% |
| Generac GNRC | $10.4B | -34% | +6% | 13% | 14.6× | 20.1% |
| ProPetro PUMP | $785M | -59% | -6% | 0% | 35.1× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | SEI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -20.9% | -10.4% | 6th lowest of 19 |
| 6-month return | -20.8% | -14.2% | 6th lowest of 18 |
| Distance from 52-week high | -33.0% | -32.1% | 9th lowest of 19 |
| Revenue growth (TTM) | +70.5% | +7.6% | 2nd highest of 19 |
| Operating margin | 24.3% | 15.6% | 6th highest of 19 |
| Forward P/E | 16.8× | 14.7× | 6th most expensive of 18 |
| ROIC minus cost of capital | -5.1 pp | -0.3 pp | 3rd lowest of 19 |
| EV / EBITDA | 22.8× | 7.8× | most expensive of 18 |
| Net debt / EBITDA | 5.7× | 0.8× | most indebted of 18 |
| Bond spread | 252 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Solaris Energy Infrastructure SEI | United States | $4.63B | -21% | +71% | 24% | 16.8× | n/a | n/a |
| Cactus WHD | United States | $4.67B | +7% | +40% | 19% | 16.8× | 14.1% | +25.4% |
| Archrock AROC | United States | $4.83B | -25% | +4% | 39% | 13.8× | 2.8% | +11.2% |
| Kodiak Gas Services KGS | United States | $4.21B | -40% | +8% | 33% | 17.0× | 9.3% | +19.7% |
| USA Compression Partners LP USAC | United States | $3.62B | -11% | +29% | 29% | 15.6× | -0.4% | +8.4% |
| SBM Offshore SBMO.AS | Netherlands | $6.08B | -8% | +1% | 31% | 6.2× | -14.4% | +11.3% |
| Weatherford International WFRD | United States | $6.12B | -17% | -6% | 14% | 13.4× | -4.0% | +5.9% |
| NOV NOV | United States | $6.26B | -9% | -1% | 6% | 14.8× | 6.8% | +7.6% |
| Waterbridge Infrastructure LLC WBI | United States | $3.06B | -9% | +103% | 17% | 40.2× | n/a | n/a |
| Subsea 7 SUBC.OL | Norway | $9.71B | -5% | -2% | 13% | 12.4× | -2.4% | +17.7% |
| National Energy Services Reunited NESR | United States | $2.01B | -14% | +24% | 9% | 9.9× | 1.2% | +9.7% |
| Liberty Energy LBRT | United States | $1.95B | -64% | +14% | 2% | n/a | n/a | n/a |
| Flowco FLOC | United States | $1.81B | -19% | +20% | 19% | 13.1× | 8.0% | +72.3% |
| Yantai Jereh Oilfield Services 002353.SZ | China | $12.2B | -42% | +13% | 19% | 24.1× | 14.8% | +14.5% |
| Innovex International INVX | United States | $1.76B | -6% | +7% | 12% | 14.7× | 5.7% | +21.8% |
| Expro XPRO | United States | $1.47B | -14% | -5% | 4% | 18.0× | 13.9% | +18.9% |
| BW Energy BWE.OL | Norway | $1.30B | -15% | -25% | 26% | 13.1× | n/a | n/a |
| Hornbeck Offshore Services HOS | United States | $1.18B | n/a | +2% | 8% | 8.6× | -1.1% | +12.0% |
| RPC RES | United States | $1.18B | -22% | +18% | 3% | 17.9× | 12.2% | +22.1% |
Solaris Energy Infrastructure has 1 bond outstanding with $1.30B face value. The agencies rate it BB-; its bonds trade like BB-. Weighted yield 7.11%, a spread of 252 bp over government bonds.