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Qnity Electronics (Q) Stock Fundamentals, Analysis & Risk Signals

Health score, competitive moat, risk signals, and key metrics at a glance.

NYSE•Technology•Semiconductor Equipment & Materials
Price & Volume
Market Cap $29.72B

Qnity Electronics, Inc. provides materials and solutions to the semiconductor and electronics industries in the United States, rest of Americas, Europe, the Middle East, Africa, Asia Pacific, China, South Korea, Taiwan, and internationally. The company operates in two segments, Semiconductor Technologies and Interconnect Solutions. Its Semiconductor Technologies segment offers chemical mechanical planarization (CMP) pads and slurries, photoresists, functional sub-layers, advanced overcoats, post-CMP cleaners, post-etch residue removers, and emerging cleans. The Interconnect Solutions segment provides copper pillar plating, copper redistribution layer, solder bump plating, under bump metallization, photoresists, packaging dielectrics, gap fillers, phase change, specialty thermal interface materials, thermally conductive insulators, copper playing solutions, dry film photoresists, and laminates and polyimide films. The company was formerly known as Novus SpinCo 1, Inc. and changed its name to Qnity Electronics, Inc. in April 2025. The company was incorporated in 2024 and is headquartered in Wilmington, Delaware.

Metrics at a Glance

as of March 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$0
Q. Revenue
$1.31B
TTM EBITDA
$0
TTM Op. Income
$0
Q. Op. Income
$223.00M
TTM Net Income
$0
Q. Net Income
$162.00M
EPS
$0.72
Shares Out.
$209.70M

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin
24.4%
Op. Margin
17.0%
Net Margin
12.3%

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
N/A
P/S Ratio
N/A
P/B Ratio
4.1x
P/S of 0.0x and P/B of 4.1x.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$14.06B
Cash
$857.00M
Long-Term Debt
$4.00B
Book Value
$7.19B
D/E Ratio
0.6
Debt/EBITDA
12.5
With $14.06B in assets and $4.00B in long-term debt, the D/E of 0.6and book value of $7.19B — shows a conservative capital structure — the company has a strong financial cushion to weather downturns.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$135.00M
Free Cash Flow
$13.00M
FCF Margin
N/A
FCF / Net Income
0.1

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