Solventum Corp.

Solventum Corp.

SOLV · NYSE · Healthcare / Medical Instruments & Supplies

89.08USD+0.27 (+0.30%)

Price History

Full chart

Market Stats

Previous Close88.81
Open89.12
Day Range87.89 – 89.83
52-Week Range62.38 – 94.16
Volume917.95K
Market Cap15.24B
P/E (TTM)10.95
Forward P/E13.09
EPS8.18
Dividend Yield0.00%
Beta0.69
50-Day Avg87.32
200-Day Avg77.83

About

Solventum Corporation, a healthcare company, develops, manufactures, and commercializes a portfolio of solutions to address critical customer and patient needs in the United States and internationally. It operates through three segments: Medsurg, Dental Solutions, and Health Information Systems. The Medsurg segment offers solutions, such as negative pressure wound therapy, advanced wound dressings, advanced skin care, synthetic tissue matrices, I.V. site management, sterilization assurance, temperature management, surgical supplies, medical tapes and wraps, stethoscopes, medical electrodes, and medical technologies for original equipment manufacturers. The Dental Solutions segment provides dental and orthodontic products, including brackets, aligners, restorative cements, and bonding agents to span the life of the tooth, and products for preventative dental care, direct and indirect restoration, and orthodontic needs. The Health Information Systems segment offers healthcare systems with software solutions comprising computer-assisted physician documentation, direct-to-bill and coding automation, classification methodologies, speech recognition, and data visualization platforms. The company sells its products and services through direct-to-consumer, distribution, key account management, inside sales, and e-commerce. Solventum Corporation was incorporated in 2023 and is headquartered in Eagan, Minnesota.

Company Details

  • SectorHealthcare
  • IndustryMedical Instruments & Supplies
  • CEOMr. Bryan C. Hanson
  • Employees20.58K
  • Headquarters1750 Yankee Doodle Road, Eagan, MN, United States, 55121, USA
  • Websitehttps://www.solventum.com

Leadership

  • Mr. Bryan C. HansonCEO & Director · b. 1967
  • Mr. Wayde D. McMillanExecutive VP & CFO · b. 1970
  • Ms. Amy LanducciChief Information & Digital Officer · b. 1975
  • Ms. Marcela A. KirbergerChief Corporate & Legal Affairs Officer & Corporate Secretary · b. 1967
  • Ms. Heather L. KnightChief Commercial Officer · b. 1972
  • Mr. Neil C. ZieselmanSenior VP, Controller & Chief Accounting Officer · b. 1976
  • Ms. Amy WakehamSenior Vice President of Investor Relations & External Finance Communications

Financials

Income Statement

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue7.28B8.17B8.13B8.20B8.25B8.32B
Growth (%)-+12.22%-0.50%+0.82%+0.70%+0.86%
Cost of Revenue2.97B3.25B3.44B3.50B3.66B3.87B
Gross Profit4.32B4.92B4.70B4.69B4.59B4.45B
Gross Margin59.26%60.25%57.75%57.25%55.65%53.47%
Operating Expense2.88B3.04B3.00B3.00B3.56B2.27B
Operating Income1.43B1.88B1.69B1.69B1.04B2.18B
Operating Margin19.64%23.00%20.82%20.64%12.55%26.20%
EBITDA2.03B2.48B2.27B2.23B1.53B2.55B
EBITDA Margin27.87%30.34%27.92%27.18%18.50%30.62%
Net Income1.14B1.46B1.34B1.35B479.00M1.56B
Net Income Margin15.63%17.87%16.52%16.42%5.80%18.69%
R&D719.00M766.00M767.00M758.00M775.00M739.00M
R&D as % of Total Revenue9.88%9.37%9.43%9.25%9.39%8.88%
Interest Expense--00367.00M347.00M
Interest Expense % of Total Revenue--0.00%0.00%4.45%4.17%

Balance Sheet

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-14.07B13.59B13.94B14.46B14.29B
Total Liabilities-2.02B1.85B2.28B11.50B9.24B
Total Equity-12.06B11.74B11.67B2.96B5.05B
Cash-91.00M61.00M194.00M762.00M878.00M
Total Debt-112.00M95.00M8.30B8.01B5.04B
Net Debt-21.00M34.00M8.11B7.25B4.16B

Cash Flow

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow2.03B2.20B1.68B1.92B1.19B369.00M
Investing Cash Flow228.00M-278.00M-253.00M-230.00M-380.00M2.80B
Financing Cash Flow-2.21B-1.96B-1.46B-1.55B-240.00M-3.06B
Capital Expenditure271.00M277.00M251.00M290.00M380.00M379.00M
Free Cash Flow1.75B1.93B1.43B1.63B805.00M-10.00M
FCF to OCF86.62%87.42%85.05%84.86%67.93%-2.71%

Earnings

Report DateFeb 28, 2024May 9, 2024Aug 8, 2024Nov 7, 2024Feb 27, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Feb 26, 2026May 5, 2026Aug 5, 2026Nov 5, 2026
EPS Estimate0.001.751.511.391.501.221.451.431.501.351.911.35
EPS Actual2.312.081.561.641.411.341.691.501.571.482.55-
Surprise-18.86%3.31%17.99%-6.00%9.84%16.55%4.90%4.67%9.63%33.51%-
Timing-Pre-marketAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap15.24B
Enterprise Value19.93B
Trailing P/E10.95
Forward P/E13.09
PEG Ratio1.22
Price / Sales1.83
Price / Book3.13
EPS8.18
Book Value28.22
Revenue (TTM)8.31B
Gross Profit (TTM)4.55B
EBITDA1.14B
Profit Margin17.26%
Operating Margin9.78%
Return on Equity33.96%
Return on Assets2.70%
Shares Outstanding170.22M
Shares Float144.09M
Beta0.69
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Hold
Based on 12 analystsTarget 93.92
  • Strong Buy
    1
  • Buy
    2
  • Hold
    8
  • Sell
    1

Ownership Breakdown

Institutions
75.91%
Insiders
15.34%
Retail / Other
8.75%

Top Institutional Holders

  • Independent Franchise Partners LLP
    16.17M9.50%
  • BlackRock Inc
    10.48M6.16%
  • Vanguard Capital Management, LLC
    9.60M5.64%
  • Trian Fund Management LP
    8.24M4.84%
  • State Street Corp
    6.41M3.76%
  • Vanguard Portfolio Management, LLC
    6.39M3.75%
  • Davis Selected Advisers
    6.31M3.71%
  • Geode Capital Management, LLC
    4.75M2.79%
  • Boston Partners Global Investors, Inc
    4.04M2.37%
  • Amvescap Plc.
    3.79M2.23%
  • State Farm Mutual Automobile Ins Co
    2.07M1.22%
  • Diamond Hill Capital Management, LLC
    1.95M1.14%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    4.67M2.75%
  • Vanguard 500 Index Investor
    3.91M2.30%
  • Vanguard Small Cap Index
    3.39M1.99%
  • JHancock Disciplined Value Mid Cap I
    2.43M1.43%
  • Invesco S&P 500® Equal Weight ETF
    2.34M1.37%
  • Vanguard MStar Small Cap Value Index
    2.15M1.26%
  • iShares Core S&P 500 ETF
    1.96M1.15%
  • Fidelity 500 Index
    1.90M1.12%