Touchstone
Last syncOct 31, 2026, 6:54 PM ET

Q

Qnity Electronics, Inc. Information Technology Semiconductors & Related Devices S&P 500Russell 3000
$116.67Close $24.4BMarket cap $73.35 – $175.5252-week range Nov 4, 2026Next report · before the open

Highlights

Cautions

  • Not in an uptrend 3 of 8 trend conditions
  • Lagging the market RS 44 · weaker than 56% of stocks over 12 months
  • Far from its high 34% below its 52-week high
  • Results soon Nov 4, 2026, in 3 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 4, 2026
Off 12-month high 34%
1wk up 6.2% price change
1mo down 7.2% price change
12-month return up 25% market up 11% · its own up 14%
F-score — — Not assessed
Altman Z 2.86 Moderate risk
P/E 33.5× price / earnings
PEG 67.23 P/E / EPS growth
P/B 3.4× price / book
Earnings yield up 3.5% EBIT / enterprise value
Cheaper than 52% of the market · around average
Revenue growth up 10% year on year
EPS growth — latest quarter
Sales growth up 22% latest quarter · +5 pts
ROE up 8% return on equity
Free cash margin up 21% $988.0M FCF
D/E 0.58 long-term debt / equity
Net debt / EBITDA 2.4×
Interest cover —EBIT / interest

Trade setup

ATR% 4.6% $5.36 a day · 2×ATR $105.95
RS 44 / 99 vs the universe
Trend 3 / 8 trend template
Relative volume 1.6× vs 50-day average
Up/down volume 0.97 50 sessions
Implied move 13.9% by Nov 20, 2026 · report Nov 4, 2026
Trend template · 3 of 8
  • Price above the 150 and 200-day averages: fails
  • 150-day average above the 200-day: passes
  • 200-day average rising for a month: passes
  • 50-day average above the 150 and 200-day: fails
  • Price above the 50-day average: fails
  • At least 30% above the 52-week low: passes
  • Within 25% of the 52-week high: fails
  • RS rank 70 or higher: fails

Screen verdict

Did not qualify for any screen.

Warning signs

none flagged
  • No restatement or impairment
  • Equity positive
  • Interest covered
  • No material dilution
  • Profits tracking cash
  • Margins and revenue not shrinking
Last reported Aug 4, 2026
Results reaction Aug 4, 20260% vs market2 sessions after results
Options $1.7M61.5% IV · activity

Financials

3 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $4.8B +10% on FY2024
$0 $5B FY23 FY24 FY25 FY2023 · $4.0B FY2024 · $4.3B FY2025 · $4.8B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $729.0M +0.7% on FY2024
$0 $1B FY23 FY24 FY25 FY2023 · $533.0M FY2024 · $724.0M FY2025 · $729.0M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $988.0M +15% on FY2024
$0 $1B FY23 FY24 FY25 FY2023 · $651.0M FY2024 · $861.0M FY2025 · $988.0M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 46%
  • Net 15%
  • Free cash 21%
0% 50% FY23 FY24 FY25 FY2023 · Gross 43% · Net 13% · Free cash 16% FY2024 · Gross 46% · Net 17% · Free cash 20% FY2025 · Gross 46% · Net 15% · Free cash 21%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $3.2B net debt
  • Cash
  • Long-term debt
$0 $5B FY23 FY24 FY25 FY2023 FY2024 · Cash $166.0M · Long-term debt $0 FY2025 · Cash $915.0M · Long-term debt $4.1B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 209.48m
209.48m 0 FY23 FY24 FY25 FY2023 FY2024 · 0 FY2025 · 209.48m
  FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $4.0B $4.3B $4.8B
Gross margin 43% 46% 46%
Net income $533.0M $724.0M $729.0M
Net margin 13% 17% 15%
Earnings per share $2.55 $3.46 $3.47
Free cash flow $651.0M $861.0M $988.0M
Free cash margin 16% 20% 21%
Cash — $166.0M $915.0M
Long-term debt — $0 $4.1B
Shareholders' equity $11.2B $10.6B $7.1B
Shares outstanding — 0 209.48m

Next report

Nov 4, 2026 · before the open

Expected move The move, either way, the option market prices in through the next scheduled report: the at-the-money straddle for the first expiry that contains it, over the price. It includes the days around the report, so it slightly overstates the report alone. Methodology ±13.9% $100 – $133 by Nov 20, 2026
Usual move The median, over the company's last four reports, of how far the stock moved either way from the close before the filing to the close of the session after it. Methodology ±3.9% last 4: +1.8% · +5.7% · +5.8% · +2.2%
Expected against usual The move the options price through this report over the move the last four reports delivered. Above 1 the event is priced bigger than the company's own record; below 1, smaller. A price, not a forecast: it says what protection through the report costs, not which way the stock will go. Methodology Bigger than usual 3.5× the usual move

What options price now

Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
Bigger 61.5% priced · 53.2% recent
Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
Choppier
Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
past week: costs more
Positioning
Premium traded
$1.7M calls $396,042 · puts $1.3M · latest session
Puts against calls, by premium Money spent on puts divided by money spent on calls. Measured in dollars rather than contracts on purpose: counting contracts treats a hundred cheap lottery tickets as more meaningful than one large position, which is backwards. Methodology
3.22× -2.15 over the week
Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
calls +1.19k · puts +1.52k past week

For options traders: ATM IV 61.5% (+3.6% 1w) · 1m ÷ 3m IV 2.08 · 25Δ skew 2.0 pts · Net GEX -$451,218

Most traded contracts

No contract passed the liquidity filters this week.