Solid Power Competitors

SLDP Stock  USD 3.16  0.04  1.28%   
The company is classified under the Machinery sector. Solid Power shares competitive overlap with Evolv Technologies, Preformed Line, Eos Energy, Allegiant Travel, and Eve Holding and similar firms. Comparing within this peer group helps frame relative strengths and differences. Peer comparison shows whether Solid Power is priced in line with similar stocks. Key indicators for Solid Power are compared across peers for reference. Comparing across peers helps frame valuation, growth, and risk in relative terms. The dataset reflects available inputs without directional implication.

Solid Power vs Resolute Holdings Correlation Snapshot

Poor diversification
SLDP currently posts a 0.73 correlation with RHLD, indicating a Poor diversification relationship for the active sample. The cleaner interpretation is to review correlation beside volatility, expected return, and the role each holding plays in the portfolio.

Moving against Solid Stock

  0.67CE3 Chongqing MachineryPairCorr
  0.6NPO Enpro IndustriesPairCorr
  0.59WTS Watts Water TechnologiesPairCorr
  0.58ITT ITT IncPairCorr
  0.51GGG Graco IncPairCorr
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The concept of mean reversion suggests that Solid Power's price will eventually return toward its long-run average. High prices may deter value investors, while unusually low prices often attract buyers who anticipate a recovery.
Hype
Prediction
LowEstimatedHigh
0.163.167.19
Details
Intrinsic
Valuation
LowRealHigh
0.153.037.06
Details
Naive
Forecast
LowNextHigh
0.052.546.57
Details
Analyst
Consensus
LowTargetHigh
6.377.007.77
Details
Competitive analysis for Solid Power compares its financial performance, valuation multiples, and growth trajectory against sector peers. This peer-relative view often uncovers mispricing that single-company analysis would miss.

Solid Power Competition Correlation Matrix

Competition correlation for Solid Power matters because related securities often respond to the same industry, factor, or macro drivers even when their business stories differ. The useful question is whether competitors are behaving like true alternatives or simply tracking the same sector move with different volatility.

High positive correlations

EVEXEVLV
BLDPEVLV
EVEXEOSE
RHLDEOSE
BLDPEVEX
RHLDEVEX
  

High negative correlations

GSLEVLV
GSLEVEX
PLPCEVLV
BLDPGSL
EVEXPLPC
GSLEOSE

Risk-Adjusted Indicators

Evaluating Solid Stock requires separating price momentum from underlying business quality relative to competitors. Without reviewing risk-adjusted indicators, investors may overweight recent returns and underweight the volatility required to achieve them. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Peer Comparison: Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Solid Power financial statement analysis. It represents the amount of money remaining after all of Solid Power operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Compare Solid Power and related stocks such as Evolv Technologies, Preformed Line Products, and Eos Energy Enterprises Net Income Over Time
Select Fundamental
Price To Sales RatioDividend Yield
Ptb RatioDays Sales Outstanding
Book Value Per ShareFree Cash Flow Yield
Invested CapitalOperating Cash Flow Per Share
Average PayablesStock Based Compensation To Revenue
Capex To DepreciationPb Ratio
Ev To SalesFree Cash Flow Per Share
RoicInventory Turnover
Net Income Per ShareDays Of Inventory On Hand
Payables TurnoverSales General And Administrative To Revenue
Average InventoryResearch And Ddevelopement To Revenue
Capex To RevenueCash Per Share
PocfratioInterest Coverage
Payout RatioCapex To Operating Cash Flow
Pfcf RatioDays Payables Outstanding
Net Current Asset ValueIncome Quality
RoeTangible Asset Value
Ev To Operating Cash FlowPe Ratio
Return On Tangible AssetsEv To Free Cash Flow
Earnings YieldIntangibles To Total Assets
Net Debt To E B I T D ACurrent Ratio
Tangible Book Value Per ShareReceivables Turnover
Shareholders Equity Per ShareDebt To Equity
Capex Per ShareGraham Net Net
Average ReceivablesRevenue Per Share
Interest Debt Per ShareDebt To Assets
Enterprise Value Over E B I T D AGraham Number
Short Term Coverage RatiosPrice Earnings Ratio
Operating CyclePrice Book Value Ratio
Price Earnings To Growth RatioDays Of Payables Outstanding
Dividend Payout RatioPrice To Operating Cash Flows Ratio
Price To Free Cash Flows RatioPretax Profit Margin
Ebt Per EbitOperating Profit Margin
Effective Tax RateCompany Equity Multiplier
Long Term Debt To CapitalizationTotal Debt To Capitalization
Return On Capital EmployedDebt Equity Ratio
Ebit Per RevenueQuick Ratio
Dividend Paid And Capex Coverage RatioNet Income Per E B T
Cash RatioCash Conversion Cycle
Operating Cash Flow Sales RatioDays Of Inventory Outstanding
Days Of Sales OutstandingFree Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage RatiosPrice To Book Ratio
Fixed Asset TurnoverCapital Expenditure Coverage Ratio
Price Cash Flow RatioEnterprise Value Multiple
Debt RatioCash Flow To Debt Ratio
Price Sales RatioReturn On Assets
Asset TurnoverNet Profit Margin
Gross Profit MarginPrice Fair Value
Return On Equity
20102011201220132014201520162017201820192020202120222023202420252026
EVLV-19.9 M-19.9 M-19.9 M-19.9 M-19.9 M-19.9 M-19.9 M-19.9 M-19.9 M-19.9 M-27.4 M-10.9 M-86.8 M-106.3 M-54 M-33.1 M-34.8 M
PLPC11.1 M31 M29.3 M20.6 M12.9 M6.7 M15.3 M12.7 M26.6 M23.3 M29.8 M35.7 M54.4 M63.3 M37.1 M35.3 M24.1 M
EOSE-28.5 M-28.5 M-28.5 M-28.5 M-28.5 M-28.5 M-28.5 M-28.5 M-28.5 M-79.5 M-67.2 M-124.2 M-229.8 M-229.5 M-685.9 M-969.6 M-921.2 M
ALGT-1.3 M49.4 M78.6 M92.3 M86.7 M220.4 M219.6 M194.9 M161.8 M232.1 M-184.1 M151.9 M2.5 M117.6 M-240.2 M-44.7 M-42.5 M
EVEX-5 M-5 M-5 M-5 M-5 M-5 M-5 M-5 M-5 M-7.7 M-16.7 M-18.3 M-174 M-127.7 M-138.2 M-224.3 M-213 M
PRG5.8 M113.8 M173 M120.7 M78.2 M135.7 M139.3 M292.5 M196.2 M31.5 M-61.5 M243.6 M98.7 M138.8 M197.2 M146.8 M79 M
RDW-3.4 M-3.4 M-3.4 M-3.4 M-3.4 M-3.4 M-3.4 M-3.4 M-3.4 M-3.4 M-39.7 K-61.5 M-130.6 M-27.3 M-114.3 M-226.6 M-215.2 M
GSL32.7 M9.1 M31.9 M32.5 M6.1 M-28.9 M-65.1 M-74.3 M-57.4 M39.8 M41.6 M171.5 M292.9 M304.5 M353.6 M416.5 M437.3 M
BLDP-2.3 M-33.4 M-42.1 M-20 M-27.9 M-5.8 M-21.7 M-8 M-27.3 M-39 M-51.4 M-114.4 M-173.5 M-177.7 M-324.2 M-92.5 M-97.1 M
RHLD3.2 M3.2 M3.2 M3.2 M3.2 M3.2 M3.2 M3.2 M3.2 M3.2 M3.2 M3.2 M102.7 M-3.2 M110.3 M135.8 M76.7 M

Solid Power Competitive Analysis

Solid Power's competitive standing becomes clearer when measured alongside Evolv Technologies, Preformed Line, and Eos Energy. With 21.7 M in revenue and a 688.2 M market value, Solid Power anchors one end of the peer spectrum. Solid Power posts a -22.62% return on equity, reflecting current earnings headwinds. Evolv Technologies leads on revenue, 145.9 M to 21.7 M, a substantial gap. Return on equity favors Preformed Line at 8.34%, well ahead of Solid Power at -22.62%. On pure scale, Eos Energy is the bigger entity with market caps of 1.79 B versus 688.2 M.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
SLDP EVLV PLPC EOSE ALGT EVEX PRG RDW GSL BLDP
 1.28 
3.16
Solid
 3.19 
5.50
Evolv
 2.53 
262.68
Preformed
 4.55 
5.52
Eos
 2.64 
79.23
Allegiant
 2.80 
2.43
Eve
 0.21 
27.97
PROG
 0.84 
9.63
Redwire
 0.60 
38.37
Global
 4.98 
2.48
Ballard
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
Buy or Sell Analysis
(Average Analysts Consensus)
Trade Advice
(90 Days Macroaxis Advice)
Current Ratio
Net Asset
Profit Margin
EBITDA
Operating Margin
Current Valuation
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Retained Earnings
Current Asset
Five Year Return
Beta
Number Of Employees
Shares Outstanding
Cash Flow From Operations
Annual Yield
Total Debt
Return On Equity
Return On Asset
Number Of Shares Shorted
Book Value Per Share
Current Liabilities
Total Asset
Debt To Equity
Short Ratio
Target Price
Last Dividend Paid
Shares Owned By Institutions
Market Capitalization
Price To Earning
Price To Earnings To Growth
Price To Sales
Net Income
Earnings Per Share
Shares Owned By Insiders
Revenue
Working Capital
Cash And Equivalents
Cash Per Share
Gross Profit
Day Typical Price
Accumulation Distribution
Market Facilitation Index
Daily Balance Of Power
Period Momentum Indicator
Rate Of Daily Change
Day Median Price
Price Action Indicator
Relative Strength Index
Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
Variance
Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

Solid Power Competition Peer Performance Charts

How to Analyze Solid Power Against Peers

Solid Power's peer analysis compares Solid Power with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:
  • Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
  • Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
  • Check valuation dispersion: Review whether Solid Power trades at a premium or discount versus peers and why.
  • Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
  • Document the thesis: Record where Solid Power leads or lags and what catalysts could close or widen the gap.
Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

Peer Comparison Metrics & Methodology

Analyzing Solid Power's peers expands diversification context, relative positioning, and sector theme understanding. Debt-to-equity comparison across Solid Power's peers frames whether its leverage is conservative, normal, or elevated for its industry. Sector classification alone can be too broad, so Solid Power's peer group benefits from business model filtering. Peer benchmarking can improve context for valuation without relying only on standalone multiples. For peer comparison, Solid Power has a market cap of 688.2 M, P/E of 27.39.

For Solid Power, this section uses periodic company reporting and market reference feeds with Macroaxis normalization rules applied to keep cross-asset comparisons consistent. Sell-side coverage, where present, supplements the data shown. Intraday timing differences may exist.

This content is curated and reviewed by:

Gabriel Shpitalnik - Member of Macroaxis Editorial Board
Last reviewed on February 25th, 2026