SOLVENTUM CORPORATION financials
Source: EDGAR filings · Built 2026-06-02T04:04:39Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2024 | FY 2024 |
|---|---|---|---|---|
| Free Cash Flow | -10.00M | 805.00M | 1.63B | 1.43B |
| EBITDA | 2.67B | 1.59B | 2.25B | 2.27B |
| Working Capital | 723.00M | 546.00M | 791.00M | — |
| Net Debt | 4.37B | 7.42B | -96.00M | — |
| Gross Margin | 53.47% | 55.65% | 57.25% | 57.75% |
| Operating Margin | 26.20% | 12.55% | 20.64% | 20.82% |
| Net Margin | 18.69% | 5.80% | 16.42% | 16.52% |
| Return on Equity (ROE) | 30.82% | 16.19% | 11.54% | 11.44% |
| Return on Assets (ROA) | 10.89% | 3.31% | 9.65% | — |
| Current Ratio | 1.23× | 1.20× | 1.46× | — |
| Debt-to-Equity | 1.04× | 2.77× | 0.01× | — |
| Effective Tax Rate | 9.17% | 20.99% | 19.26% | 20.63% |
| Cash Conversion Ratio | 0.24× | 2.47× | 1.42× | 1.25× |
| Accruals Ratio | 0.08× | -0.05× | -0.04× | — |
| SBC % of Revenue | 1.93% | 1.36% | 0.48% | 0.46% |
| CapEx Coverage | 0.97× | 3.12× | 6.60× | 6.69× |
| Free Cash Flow Per Share | $-0.06 | $4.63 | $9.41 | $8.27 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2024 | FY 2024 |
|---|---|---|---|---|
| P/E Trailing (Diluted) | 8.92× | 23.93× | — | — |
| P/FCF | — | 14.25× | — | — |
| FCF Yield | — | 7.02% | — | — |
| EV / EBITDA | 6.79× | 11.84× | — | — |
| P/S | 1.65× | 1.38× | — | — |
| P/B | 2.72× | 3.86× | — | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2024 | FY 2024 |
|---|---|---|---|---|
| Revenues | 8.32B | 8.25B | 8.20B | 8.13B |
| Gross Profit | 4.45B | 4.59B | 4.69B | 4.70B |
| Research and Development Expense | 739.00M | 775.00M | 758.00M | 767.00M |
| Selling, General and Administrative Expense | 3.08B | 2.78B | 2.30B | 2.23B |
| Operating Income (Loss) | 2.18B | 1.04B | 1.69B | 1.69B |
| Income Tax Expense (Benefit) | 157.00M | 127.00M | 321.00M | 349.00M |
| Net Income (Loss) Attributable to Parent | 1.56B | 479.00M | 1.35B | 1.34B |
| Earnings Per Share, Basic | $8.94 | $2.77 | $7.79 | $7.78 |
| Weighted Average Number of Shares Outstanding, Basic | 174.10M | 173.20M | 172.70M | 172.70M |
| Earnings Per Share, Diluted | $8.88 | $2.76 | $7.79 | $7.78 |
| Weighted Average Number of Shares Outstanding, Diluted | 175.30M | 173.70M | 172.70M | 172.70M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2024 | FY 2024 |
|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 878.00M | 762.00M | 194.00M | — |
| Assets, Current | 3.86B | 3.25B | 2.52B | — |
| Assets | 14.29B | 14.46B | 13.94B | — |
| Long-term Debt | 5.04B | 8.01B | 0 | — |
| Liabilities, Current | 3.14B | 2.70B | 1.73B | — |
| Long-term Debt, Excluding Current Maturities | 5.04B | 7.81B | 0 | — |
| Liabilities | 9.24B | 11.50B | 2.28B | — |
| Stockholders' Equity Attributable to Parent | 5.05B | 2.96B | 11.67B | 11.74B |
| Common Stock, Shares, Outstanding | 173.49M | 172.79M | 0 | — |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2024 | FY 2024 |
|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 369.00M | 1.19B | 1.92B | 1.68B |
| Payments to Acquire Property, Plant, and Equipment | 379.00M | 380.00M | 290.00M | 251.00M |
| Net Cash Provided by (Used in) Investing Activities | 2.80B | -380.00M | -230.00M | -253.00M |
| Net Cash Provided by (Used in) Financing Activities | -3.06B | -240.00M | -1.55B | -1.46B |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -273.00M | 32.00M | -42.00M | -21.00M | -80.00M | 92.00M |
| EBITDA | 216.00M | 241.00M | — | — | 281.00M | 286.00M |
| Working Capital | 237.00M | 723.00M | 1.47B | 588.00M | 487.00M | 546.00M |
| Net Debt | 4.73B | 4.37B | 3.50B | 7.32B | 7.38B | 7.42B |
| Gross Margin | 54.66% | 51.40% | 54.15% | 54.37% | 53.82% | 53.93% |
| Operating Margin | 4.04% | 6.21% | 80.63% | 9.90% | 7.34% | 6.55% |
| Net Margin | 0.65% | 3.15% | 60.40% | 4.16% | 6.62% | 1.49% |
| Return on Equity (ROE) | 0.26% | 1.25% | 25.39% | 2.47% | 4.20% | 1.05% |
| Return on Assets (ROA) | 0.09% | 0.44% | 9.06% | 0.60% | 0.94% | 0.21% |
| Current Ratio | 1.07× | 1.23× | 1.50× | 1.22× | 1.19× | 1.20× |
| Debt-to-Equity | 1.06× | 1.04× | 1.03× | 2.14× | 2.43× | 2.77× |
| Effective Tax Rate | 18.75% | -8.62% | 16.38% | 12.62% | -260.53% | -130.77% |
| Cash Conversion Ratio | -14.54× | 1.51× | 0.22× | 2.20× | 0.21× | 7.06× |
| Accruals Ratio | 0.01× | -0.00× | 0.07× | -0.01× | 0.01× | -0.01× |
| SBC % of Revenue | 2.54% | 1.85% | 5.92% | 3.84% | 2.37% | 1.20% |
| CapEx Coverage | -2.25× | 1.51× | 0.87× | 0.90× | 0.27× | 1.72× |
| Free Cash Flow Per Share | $-1.56 | $0.18 | $-0.24 | $-0.12 | $-0.46 | $0.53 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 8.01× | 8.94× | 8.40× | 34.95× | 35.04× | 23.93× |
| P/S | 1.37× | 1.65× | 1.51× | 1.57× | 1.58× | 1.38× |
| P/B | 2.28× | 2.72× | 2.54× | 3.61× | 4.03× | 3.86× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 2.01B | 2.00B | 2.10B | 2.16B | 2.07B | 2.08B |
| Gross Profit | 1.10B | 1.03B | 1.14B | 1.18B | 1.11B | 1.12B |
| Research and Development Expense | 189.00M | 175.00M | 183.00M | 189.00M | 193.00M | 199.00M |
| Selling, General and Administrative Expense | 827.00M | 759.00M | 780.00M | 772.00M | 769.00M | 784.00M |
| Operating Income (Loss) | 81.00M | 124.00M | 1.69B | 214.00M | 152.00M | 136.00M |
| Income Tax Expense (Benefit) | 3.00M | -5.00M | 248.00M | 13.00M | -99.00M | -17.00M |
| Net Income (Loss) Attributable to Parent | 13.00M | 63.00M | 1.27B | 90.00M | 137.00M | 31.00M |
| Earnings Per Share, Basic | $0.07 | $0.36 | $7.26 | $0.52 | $0.79 | $0.18 |
| Weighted Average Number of Shares Outstanding, Basic | 174.20M | 174.10M | 174.30M | 174.10M | 173.70M | 173.20M |
| Earnings Per Share, Diluted | $0.07 | $0.35 | $7.22 | $0.51 | $0.78 | $0.18 |
| Weighted Average Number of Shares Outstanding, Diluted | 175.50M | 175.30M | 175.40M | 175.20M | 174.80M | 173.70M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 561.00M | 878.00M | 1.64B | 492.00M | 534.00M | 762.00M |
| Assets, Current | 3.58B | 3.86B | 4.41B | 3.21B | 3.05B | 3.25B |
| Assets | 14.10B | 14.29B | 13.97B | 15.07B | 14.53B | 14.46B |
| Long-term Debt | — | 5.04B | 5.14B | 7.82B | 7.91B | 8.01B |
| Liabilities, Current | 3.35B | 3.14B | 2.94B | 2.62B | 2.57B | 2.70B |
| Long-term Debt, Excluding Current Maturities | 4.58B | 5.04B | 5.14B | 7.82B | 7.81B | 7.81B |
| Liabilities | 9.13B | 9.24B | 8.99B | 11.43B | 11.27B | 11.50B |
| Stockholders' Equity Attributable to Parent | 4.97B | 5.05B | 4.99B | 3.65B | 3.26B | 2.96B |
| Common Stock, Shares, Outstanding | 173.53M | 173.49M | 173.44M | 173.39M | 173.01M | 172.79M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -189.00M | 95.00M | 274.00M | 198.00M | 29.00M | 219.00M |
| Payments to Acquire Property, Plant, and Equipment | 84.00M | 63.00M | 316.00M | 219.00M | 109.00M | 127.00M |
| Net Cash Provided by (Used in) Investing Activities | -77.00M | -745.00M | 3.54B | -224.00M | -114.00M | -127.00M |
| Payments for Repurchase of Common Stock | 67.00M | — | — | — | 0 | — |
| Net Cash Provided by (Used in) Financing Activities | -50.00M | -115.00M | -2.94B | -249.00M | -139.00M | -104.00M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (SOLV CIK 0001964738),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.