• Income Statement
• Balance Sheet
• Cash Flow
• Ratios
• Market Data
• Valuation

	Solventum Corp (SOLV)
	Q4-CY2025	Q3-CY2025	Q2-CY2025	Q1-CY2025	Q4-CY2024	Q3-CY2024	Q2-CY2024	Q1-CY2024	Q4-CY2023	Q3-CY2023	Q2-CY2023	Q1-CY2023	Q4-CY2022	Q3-CY2022	Q2-CY2022	Q1-CY2022	Q4-CY2021	Q3-CY2021	Q2-CY2021	Q1-CY2021	Q4-CY2020	Q3-CY2020	Q2-CY2020	Q1-CY2020	Q4-CY2019	Q3-CY2019	Q2-CY2019	Q1-CY2019	Q4-CY2018	Q3-CY2018	Q2-CY2018	Q1-CY2018	Q4-CY2017	Q3-CY2017	Q2-CY2017	Q1-CY2017	Q4-CY2016	Q3-CY2016	Q2-CY2016	Q1-CY2016	Q4-CY2015	Q3-CY2015	Q2-CY2015	Q1-CY2015	Q4-CY2014	Q3-CY2014	Q2-CY2014	Q1-CY2014	Q4-CY2013
Balance Sheet Date		2025-Sep-30	2025-Jun-30	2025-Mar-31	2024-Dec-31	2024-Sep-30	2024-Jun-30	2024-Mar-31
Fiscal Period		Q3-FY2025	Q2-FY2025	Q1-FY2025	Q4-FY2024	Q3-FY2024	Q2-FY2024	Q1-FY2024
Close Price of Common Stock	79.46$	73.00$	75.84$	76.04$	66.11$	69.73$	52.94$
Market Cap of Common Stock	13,782,142,879$	12,657,309,254$	13,121,300,004$	13,154,196,860$	11,420,771,568$	12,042,246,097$	9,143,241,195$
QoQ%	8.89%	(3.54%)	(.25%)	15.18%	(5.16%)	31.71%
YoY%	20.68%	5.11%	43.51%
Common Shares Outstanding	173,447,557	173,439,525	173,387,361	173,008,211	172,785,606	172,754,070	172,709,505	172,700,000		172,700,000	172,700,000	172,700,000
QoQ%	.01%	.03%	.22%	.13%	.02%	.03%	.01%	.00%	(100.00%)	.00%	.00%
YoY%	.38%	.40%	.39%	.18%	.00%	.03%	.01%	.00%
Price to Sales	1.64x	1.51x	1.56x	1.58x	1.38x	1.47x	1.11x
Price to Earnings	9.04x	8.31x	34.53x	34.71x	23.84x	16.73x	8.64x
Price to Book	2.76x	2.54x	3.60x	4.03x	3.86x	3.77x	3.19x
Total Revenue		2,096,000,000$	2,161,000,000$	2,070,000,000$	2,075,000,000$	2,082,000,000$	2,081,000,000$	2,016,000,000$	2,036,000,000$	2,074,000,000$	2,076,000,000$	2,011,000,000$
QoQ%		(3.01%)	4.40%	(.24%)	(.34%)	.05%	3.22%	(.98%)	(1.83%)	(.10%)	3.23%
YoY%		.67%	3.84%	2.68%	1.92%	.39%	.24%	.25%
TTM		8,402,000,000$	8,388,000,000$	8,308,000,000$	8,254,000,000$	8,215,000,000$	8,207,000,000$	8,202,000,000$	8,197,000,000$
TTM_QoQ%		.17%	.96%	.65%	.48%	.10%	.06%	.06%
TTM_YoY%		2.28%	2.21%	1.29%	.70%
Gross Margin		54.15%	54.37%	53.82%	53.93%	55.96%	54.64%	58.14%	56.88%	58.29%	57.27%	56.54%
QoQ		(.22%)	.56%	(.11%)	(2.03%)	1.32%	(3.50%)	1.26%	(1.42%)	1.02%	.74%
YoY		(1.81%)	(.26%)	(4.32%)	(2.95%)	(2.34%)	(2.64%)	1.60%
Operating Income		1,690,000,000$	214,000,000$	152,000,000$	136,000,000$	275,000,000$	244,000,000$	381,000,000$	406,000,000$	504,000,000$	417,000,000$	365,000,000$
QoQ%		689.72%	40.79%	11.77%	(50.55%)	12.71%	(35.96%)	(6.16%)	(19.44%)	20.86%	14.25%
YoY%		514.55%	(12.30%)	(60.11%)	(66.50%)	(45.44%)	(41.49%)	4.38%
TTM		2,192,000,000$	777,000,000$	807,000,000$	1,036,000,000$	1,306,000,000$	1,535,000,000$	1,708,000,000$	1,692,000,000$
TTM_QoQ%		182.11%	(3.72%)	(22.10%)	(20.67%)	(14.92%)	(10.13%)	.95%
TTM_YoY%		67.84%	(49.38%)	(52.75%)	(38.77%)
Operating Margin		80.63%	9.90%	7.34%	6.55%	13.21%	11.73%	18.90%	19.94%	24.30%	20.09%	18.15%
QoQ		70.73%	2.56%	.79%	(6.65%)	1.48%	(7.17%)	(1.04%)	(4.36%)	4.21%	1.94%
YoY		67.42%	(1.82%)	(11.56%)	(13.39%)	(11.09%)	(8.36%)	.75%
Net Income		1,266,000,000$	90,000,000$	137,000,000$	31,000,000$	122,000,000$	89,000,000$	237,000,000$	272,000,000$	460,000,000$	321,000,000$	293,000,000$
QoQ%		1,306.67%	(34.31%)	341.94%	(74.59%)	37.08%	(62.45%)	(12.87%)	(40.87%)	43.30%	9.56%
YoY%		937.71%	1.12%	(42.19%)	(88.60%)	(73.48%)	(72.27%)	(19.11%)
TTM		1,524,000,000$	380,000,000$	379,000,000$	479,000,000$	720,000,000$	1,058,000,000$	1,290,000,000$	1,346,000,000$
TTM_QoQ%		301.05%	.26%	(20.88%)	(33.47%)	(31.95%)	(17.98%)	(4.16%)
TTM_YoY%		111.67%	(64.08%)	(70.62%)	(64.41%)
Profit Margin		60.40%	4.17%	6.62%	1.49%	5.86%	4.28%	11.76%	13.36%	22.18%	15.46%	14.57%
QoQ		56.24%	(2.45%)	5.12%	(4.37%)	1.58%	(7.48%)	(1.60%)	(8.82%)	6.72%	.89%
YoY		54.54%	(.11%)	(5.14%)	(11.87%)	(16.32%)	(11.19%)	(2.81%)
Equity to Common Shareholders		4,986,000,000$	3,645,000,000$	3,262,000,000$	2,959,000,000$	3,192,000,000$	2,867,000,000$	3,851,000,000$	11,666,000,000$	11,582,000,000$	11,729,000,000$	11,670,000,000$
QoQ		1,341,000,000$	383,000,000$	303,000,000$	(233,000,000$)	325,000,000$	(984,000,000$)	(7,815,000,000$)	84,000,000$	(147,000,000$)	59,000,000$
QoQ%		36.79%	11.74%	10.24%	(7.30%)	11.34%	(25.55%)	(66.99%)	.73%	(1.25%)	.51%
YoY		1,794,000,000$	778,000,000$	(589,000,000$)	(8,707,000,000$)	(8,390,000,000$)	(8,862,000,000$)	(7,819,000,000$)
YoY%		56.20%	27.14%	(15.30%)	(74.64%)	(72.44%)	(75.56%)	(67.00%)
Dividends Paid
Additional Paid-In Capital QoQ		48,000,000$	25,000,000$	10,000,000$	27,000,000$	25,000,000$
Treasury Stock
QoQ
Goodwill		5,260,000,000$	5,274,000,000$	4,991,000,000$	6,377,000,000$	6,592,000,000$	6,447,000,000$	6,468,000,000$	6,535,000,000$
QoQ%		(.27%)	5.67%	(21.73%)	(3.26%)	2.25%	(.33%)	(1.03%)
YoY%		(20.21%)	(18.20%)	(22.84%)	(2.42%)
Other Intangible Assets		2,223,000,000$	2,302,000,000$	2,365,000,000$	2,544,000,000$	2,651,000,000$	2,724,000,000$	2,810,000,000$	2,902,000,000$
QoQ		(79,000,000$)	(63,000,000$)	(179,000,000$)	(107,000,000$)	(73,000,000$)	(86,000,000$)	(92,000,000$)
Amortization of Intangible Assets		77,000,000$	78,000,000$	81,000,000$	88,000,000$	88,000,000$	86,000,000$	87,000,000$	89,000,000$	92,000,000$	92,000,000$	92,000,000$
Total Assets		13,973,000,000$	15,074,000,000$	14,527,000,000$	14,457,000,000$	14,745,000,000$	14,578,000,000$	14,711,000,000$	13,943,000,000$
QoQ		(1,101,000,000$)	547,000,000$	70,000,000$	(288,000,000$)	167,000,000$	(133,000,000$)	768,000,000$
YoY		(772,000,000$)	496,000,000$	(184,000,000$)	514,000,000$
Total Liabilities		8,987,000,000$	11,429,000,000$	11,265,000,000$	11,498,000,000$	11,553,000,000$	11,711,000,000$	10,860,000,000$	2,277,000,000$
QoQ		(2,442,000,000$)	164,000,000$	(233,000,000$)	(55,000,000$)	(158,000,000$)	851,000,000$	8,583,000,000$
YoY		(2,566,000,000$)	(282,000,000$)	405,000,000$	9,221,000,000$
Current Ratio		1.50x	1.22x	1.19x	1.20x	1.15x	1.31x	1.81x	1.46x
Total Current Assets		4,407,000,000$	3,208,000,000$	3,053,000,000$	3,249,000,000$	3,354,000,000$	3,363,000,000$	3,359,000,000$	2,519,000,000$
QoQ		1,199,000,000$	155,000,000$	(196,000,000$)	(105,000,000$)	(9,000,000$)	4,000,000$	840,000,000$
Total Current Liabilities		2,938,000,000$	2,620,000,000$	2,566,000,000$	2,703,000,000$	2,904,000,000$	2,571,000,000$	1,854,000,000$	1,728,000,000$
QoQ		318,000,000$	54,000,000$	(137,000,000$)	(201,000,000$)	333,000,000$	717,000,000$	126,000,000$
Debt to Asset Ratio		.64x	.76x	.78x	.80x	.78x	.80x	.74x	.16x
Long Term Debt		5,137,000,000$	7,815,000,000$	7,813,000,000$	7,810,000,000$	7,809,000,000$	8,306,000,000$	8,303,000,000$
QoQ		(2,678,000,000$)	2,000,000$	3,000,000$	1,000,000$	(497,000,000$)	3,000,000$
YoY		(2,672,000,000$)	(491,000,000$)	(490,000,000$)
Capital Lease Obligations					173,000,000$				98,000,000$
Cash and Cash Equivalents		1,642,000,000$	492,000,000$	534,000,000$	762,000,000$	772,000,000$	897,000,000$	996,000,000$	194,000,000$
QoQ		1,150,000,000$	(42,000,000$)	(228,000,000$)	(10,000,000$)	(125,000,000$)	(99,000,000$)	802,000,000$
YoY		870,000,000$	(405,000,000$)	(462,000,000$)	568,000,000$
Interest Expenses		89,000,000$	103,000,000$	104,000,000$	107,000,000$	107,000,000$	114,000,000$	39,000,000$
Interest Income		0$	0$	0$	0$	0$	0$	0$

Copy Table ✓