Symbols / SOLV $66.80 -1.18%
SOLV Chart
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.
Fundamentals
Scroll to Statements| Sector | Healthcare | Industry | Medical Instruments & Su | Market Cap | 11.59B |
| Enterprise Value | 16.10B | Income | 1.56B | Sales | 8.33B |
| Book/sh | 29.10 | Cash/sh | 5.06 | Dividend Yield | — |
| Payout | 0.00% | Employees | 20584 | IPO | — |
| P/E | 7.52 | Forward P/E | 9.42 | PEG | — |
| P/S | 1.39 | P/B | 2.30 | P/C | — |
| EV/EBITDA | 13.81 | EV/Sales | 1.93 | Quick Ratio | 0.66 |
| Current Ratio | 1.23 | Debt/Eq | 103.94 | LT Debt/Eq | — |
| EPS (ttm) | 8.88 | EPS next Y | 7.09 | EPS Growth | 100.80% |
| Revenue Growth | -3.70% | Earnings | 2026-05-07 | ROA | 2.94% |
| ROE | 38.86% | ROIC | — | Gross Margin | 53.57% |
| Oper. Margin | 7.01% | Profit Margin | 18.69% | Shs Outstand | 173.49M |
| Shs Float | 147.37M | Short Float | 2.51% | Short Ratio | 2.93 |
| Short Interest | — | 52W High | 88.20 | 52W Low | 60.70 |
| Beta | — | Avg Volume | 1.09M | Volume | 258.19K |
| Target Price | $90.17 | Recom | Buy | Prev Close | $67.60 |
| Price | $66.80 | Change | -1.18% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$90.17
Mean price target
2. Current target
$66.80
Latest analyst target
3. DCF / Fair value
$65.70
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$66.80
Low
$71.00
High
$105.00
Mean
$90.17
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-02-27 | main | Wells Fargo | Equal-Weight → Equal-Weight | $83 |
| 2026-02-27 | main | Keybanc | Overweight → Overweight | $99 |
| 2026-02-27 | reit | BTIG | Buy → Buy | $100 |
| 2026-01-26 | up | Keybanc | Sector Weight → Overweight | $97 |
| 2026-01-20 | up | Mizuho | Neutral → Outperform | $100 |
| 2026-01-07 | main | Stifel | Buy → Buy | $105 |
| 2025-12-02 | up | BTIG | Neutral → Buy | $100 |
| 2025-11-10 | main | UBS | Neutral → Neutral | $79 |
| 2025-11-07 | main | Piper Sandler | Overweight → Overweight | $98 |
| 2025-10-01 | init | UBS | — → Neutral | $77 |
| 2025-09-15 | main | Wells Fargo | Equal-Weight → Equal-Weight | $82 |
| 2025-09-11 | init | Jefferies | — → Hold | $80 |
| 2025-08-08 | main | Wells Fargo | Equal-Weight → Equal-Weight | $79 |
| 2025-08-08 | main | Piper Sandler | Overweight → Overweight | $94 |
| 2025-07-15 | up | Morgan Stanley | Equal-Weight → Overweight | $103 |
| 2025-07-01 | up | Argus Research | Hold → Buy | — |
| 2025-06-06 | init | Keybanc | — → Sector Weight | — |
| 2025-05-19 | up | Piper Sandler | Neutral → Overweight | $87 |
| 2025-05-09 | main | Piper Sandler | Neutral → Neutral | $78 |
| 2025-04-30 | main | Piper Sandler | Neutral → Neutral | $80 |
- Insider Buying: Solventum (NYSE:SOLV) Director Buys 1,475 Shares of Stock - MarketBeat Wed, 11 Mar 2026 12
- Wendell Amy McBride buys Solventum (SOLV) shares worth $100k By Investing.com - Investing.com Nigeria Wed, 11 Mar 2026 12
- Will Solventum's (SOLV) Strong Q4, 2026 Outlook and Buyback Shift Its Capital Allocation Narrative - simplywall.st Mon, 09 Mar 2026 16
- Intech Investment Management LLC Has $633,000 Stock Holdings in Solventum Corporation $SOLV - MarketBeat Wed, 11 Mar 2026 09
- Solventum Stock: Improvements Come Slow (NYSE:SOLV) - Seeking Alpha ue, 03 Mar 2026 01
- JPMorgan initiates SOLV Energy stock coverage with overweight rating - Investing.com Mon, 09 Mar 2026 09
- A Look At Solventum (SOLV) Valuation After Q4 2025 Earnings Beat And 2026 Outlook Update - simplywall.st Sat, 07 Mar 2026 19
- UBS initiates SOLV Energy stock with buy rating on solar growth - Investing.com Mon, 09 Mar 2026 11
- SOLV Energy (NASDAQ:MWH) Now Covered by Wolfe Research - MarketBeat Mon, 09 Mar 2026 12
- Jefferies initiates SOLV Energy stock with buy rating on solar demand - Investing.com Mon, 09 Mar 2026 10
- Guggenheim initiates SOLV Energy stock with buy rating on solar growth - Investing.com Mon, 09 Mar 2026 09
- Evercore ISI initiates Solv Energy stock with outperform rating By Investing.com - Investing.com Nigeria Mon, 09 Mar 2026 11
- Baird initiates Solv Energy stock coverage with outperform rating - Investing.com Mon, 09 Mar 2026 09
- KeyBanc initiates SOLV Energy stock coverage at Overweight - Investing.com Mon, 09 Mar 2026 08
- Wolfe Research initiates Solv Energy stock with outperform rating - Investing.com Mon, 09 Mar 2026 12
Insider Transactions
| Date | Shares | Url | Text | Insider | Position | Transaction | Start Date | Ownership | Value |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 31907 | — | — | HANSON BRYAN CRAIG | Chief Executive Officer | — | 2026-03-06 00:00:00 | D | nan |
| 1 | 4180 | — | — | KIRBERGER MARCELA A. | Officer | — | 2026-03-06 00:00:00 | D | nan |
| 2 | 3300 | — | — | GOMEZ TAMMY L | Officer | — | 2026-03-06 00:00:00 | D | nan |
| 3 | 26921 | — | — | LANDUCCI AMY | Chief Technology Officer | — | 2026-01-30 00:00:00 | D | nan |
| 4 | 4342 | — | — | GOMEZ TAMMY L | Officer | — | 2026-01-02 00:00:00 | D | nan |
| 5 | 10463 | — | — | HARRINGTON PAUL S | Officer | — | 2025-12-01 00:00:00 | D | nan |
| 6 | 28010 | — | — | MCMILLAN WAYDE D | Chief Financial Officer | — | 2025-12-01 00:00:00 | D | nan |
| 7 | 3811 | — | — | KIRBERGER MARCELA A. | Officer | — | 2025-12-01 00:00:00 | D | nan |
| 8 | 67261 | — | — | HANSON BRYAN CRAIG | Chief Executive Officer | — | 2025-08-29 00:00:00 | D | nan |
| 9 | 8800000 | — | Sale at price 73.45 per share. | 3M CO | Beneficial Owner of more than 10% of a Class of Security | — | 2025-08-15 00:00:00 | D | 646360000.0 |
Financials
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 134.45M | 0.00 | 10.81M | 0.00 |
| TaxRateForCalcs | 0.09 | 0.21 | 0.19 | 0.21 |
| NormalizedEBITDA | 1.08B | 1.53B | 2.17B | 2.27B |
| TotalUnusualItems | 1.47B | 0.00 | 56.00M | |
| TotalUnusualItemsExcludingGoodwill | 1.47B | 0.00 | 56.00M | |
| NetIncomeFromContinuingOperationNetMinorityInterest | 1.56B | 479.00M | 1.35B | 1.34B |
| ReconciledDepreciation | 489.00M | 555.00M | 561.00M | 578.00M |
| ReconciledCostOfRevenue | 3.87B | 3.66B | 3.50B | 3.44B |
| EBITDA | 2.55B | 1.53B | 2.23B | 2.27B |
| EBIT | 2.06B | 972.00M | 1.67B | 1.69B |
| NetInterestIncome | -347.00M | -367.00M | 0.00 | 0.00 |
| InterestExpense | 347.00M | 367.00M | 0.00 | 0.00 |
| NormalizedIncome | 223.45M | 479.00M | 1.30B | 1.34B |
| NetIncomeFromContinuingAndDiscontinuedOperation | 1.56B | 479.00M | 1.35B | 1.34B |
| TotalExpenses | 7.69B | 7.22B | 6.56B | 6.44B |
| RentExpenseSupplemental | 481.00M | 482.00M | 475.00M | |
| TotalOperatingIncomeAsReported | 2.18B | 1.04B | 1.69B | 1.69B |
| DilutedAverageShares | 175.30M | 173.70M | 172.71M | 172.70M |
| BasicAverageShares | 174.10M | 173.20M | 172.71M | 172.70M |
| DilutedEPS | 8.88 | 2.76 | 7.79 | 7.78 |
| BasicEPS | 8.94 | 2.77 | 7.79 | 7.78 |
| DilutedNIAvailtoComStockholders | 1.56B | 479.00M | 1.35B | 1.34B |
| NetIncomeCommonStockholders | 1.56B | 479.00M | 1.35B | 1.34B |
| NetIncome | 1.56B | 479.00M | 1.35B | 1.34B |
| NetIncomeIncludingNoncontrollingInterests | 1.56B | 478.00M | 1.35B | 1.34B |
| NetIncomeContinuousOperations | 1.56B | 478.00M | 1.35B | 1.34B |
| TaxProvision | 157.00M | 127.00M | 321.00M | 349.00M |
| PretaxIncome | 1.71B | 605.00M | 1.67B | 1.69B |
| OtherIncomeExpense | 1.43B | -64.00M | 31.00M | -1.00M |
| OtherNonOperatingIncomeExpenses | -39.00M | -64.00M | -25.00M | -1.00M |
| SpecialIncomeCharges | 1.47B | 0.00 | 56.00M | |
| GainOnSaleOfBusiness | 1.55B | 0.00 | 56.00M | |
| OtherSpecialCharges | 82.00M | |||
| NetNonOperatingInterestIncomeExpense | -347.00M | -367.00M | 0.00 | 0.00 |
| InterestExpenseNonOperating | 347.00M | 367.00M | 0.00 | 0.00 |
| OperatingIncome | 632.00M | 1.04B | 1.64B | 1.69B |
| OperatingExpense | 3.82B | 3.56B | 3.06B | 3.00B |
| ResearchAndDevelopment | 739.00M | 775.00M | 758.00M | 767.00M |
| SellingGeneralAndAdministration | 3.08B | 2.78B | 2.30B | 2.23B |
| GrossProfit | 4.45B | 4.59B | 4.69B | 4.70B |
| CostOfRevenue | 3.87B | 3.66B | 3.50B | 3.44B |
| TotalRevenue | 8.32B | 8.25B | 8.20B | 8.13B |
| OperatingRevenue | 8.32B | 8.25B | 8.20B | 8.13B |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| OrdinarySharesNumber | 173.49M | 172.79M | 172.71M | 172.71M |
| ShareIssued | 173.49M | 172.79M | 172.71M | 172.71M |
| NetDebt | 4.16B | 7.25B | 7.70B | |
| TotalDebt | 5.04B | 8.01B | 8.30B | |
| TangibleBookValue | -3.25B | -5.96B | 2.23B | 2.06B |
| InvestedCapital | 10.09B | 10.97B | 11.67B | 11.74B |
| WorkingCapital | 723.00M | 546.00M | 791.00M | 920.00M |
| NetTangibleAssets | -3.25B | -5.96B | 2.23B | 2.06B |
| CommonStockEquity | 5.05B | 2.96B | 11.67B | 11.74B |
| TotalCapitalization | 10.09B | 10.77B | 11.67B | 11.74B |
| TotalEquityGrossMinorityInterest | 5.05B | 2.96B | 11.67B | 11.74B |
| StockholdersEquity | 5.05B | 2.96B | 11.67B | 11.74B |
| OtherEquityInterest | 12.00B | 12.24B | 12.26B | |
| GainsLossesNotAffectingRetainedEarnings | -625.00M | -1.06B | -337.00M | -497.00M |
| OtherEquityAdjustments | -625.00M | -1.06B | -337.00M | |
| ForeignCurrencyTranslationAdjustments | -504.00M | -173.00M | ||
| MinimumPensionLiabilities | 7.00M | -27.00M | ||
| RetainedEarnings | 1.80B | 242.00M | 0.00 | |
| AdditionalPaidInCapital | 3.88B | 3.77B | 0.00 | |
| CapitalStock | 2.00M | 2.00M | 0.00 | |
| CommonStock | 2.00M | 2.00M | 0.00 | |
| TotalLiabilitiesNetMinorityInterest | 9.24B | 11.50B | 2.28B | 1.85B |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 6.11B | 8.79B | 549.00M | 541.00M |
| OtherNonCurrentLiabilities | 546.00M | 410.00M | 152.00M | 235.00M |
| EmployeeBenefits | 363.00M | 350.00M | 166.00M | 91.00M |
| NonCurrentPensionAndOtherPostretirementBenefitPlans | 363.00M | 350.00M | 166.00M | 91.00M |
| NonCurrentDeferredLiabilities | 164.00M | 225.00M | 231.00M | 215.00M |
| NonCurrentDeferredTaxesLiabilities | 164.00M | 225.00M | 231.00M | 215.00M |
| LongTermDebtAndCapitalLeaseObligation | 5.04B | 7.81B | 8.30B | |
| LongTermDebt | 5.04B | 7.81B | 8.30B | |
| CurrentLiabilities | 3.14B | 2.70B | 1.73B | 1.31B |
| OtherCurrentLiabilities | 634.00M | 378.00M | 156.00M | 171.00M |
| CurrentDeferredLiabilities | 621.00M | 572.00M | 574.00M | 559.00M |
| CurrentDeferredRevenue | 621.00M | 572.00M | 574.00M | 559.00M |
| CurrentDebtAndCapitalLeaseObligation | 200.00M | |||
| CurrentDebt | 200.00M | |||
| OtherCurrentBorrowings | 200.00M | |||
| PensionandOtherPostRetirementBenefitPlansCurrent | 320.00M | 281.00M | 209.00M | 65.00M |
| PayablesAndAccruedExpenses | 1.56B | 1.27B | 789.00M | 516.00M |
| CurrentAccruedExpenses | 243.00M | 260.00M | 206.00M | 168.00M |
| InterestPayable | 71.00M | 114.00M | 0.00 | |
| Payables | 1.32B | 1.01B | 583.00M | 348.00M |
| DuetoRelatedPartiesCurrent | 435.00M | 272.00M | 0.00 | |
| TotalTaxPayable | 196.00M | 122.00M | 106.00M | |
| AccountsPayable | 687.00M | 618.00M | 477.00M | 348.00M |
| TotalAssets | 14.29B | 14.46B | 13.94B | 13.59B |
| TotalNonCurrentAssets | 10.44B | 11.21B | 11.42B | 11.36B |
| OtherNonCurrentAssets | 814.00M | 665.00M | 530.00M | 358.00M |
| GoodwillAndOtherIntangibleAssets | 8.30B | 8.92B | 9.44B | 9.69B |
| OtherIntangibleAssets | 2.59B | 2.54B | 2.90B | 3.25B |
| Goodwill | 5.70B | 6.38B | 6.54B | 6.43B |
| NetPPE | 1.33B | 1.62B | 1.46B | 1.32B |
| AccumulatedDepreciation | -1.87B | -1.99B | -1.88B | -1.77B |
| GrossPPE | 3.19B | 3.61B | 3.34B | 3.09B |
| ConstructionInProgress | 499.00M | 504.00M | 320.00M | 240.00M |
| OtherProperties | 29.00M | 33.00M | ||
| MachineryFurnitureEquipment | 1.82B | 2.15B | 2.08B | 1.97B |
| BuildingsAndImprovements | 870.00M | 956.00M | 937.00M | 856.00M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 3.86B | 3.25B | 2.52B | 2.23B |
| OtherCurrentAssets | 557.00M | 120.00M | 155.00M | 126.00M |
| PrepaidAssets | 174.00M | 173.00M | ||
| Inventory | 1.07B | 965.00M | 857.00M | 873.00M |
| FinishedGoods | 636.00M | 539.00M | 453.00M | 468.00M |
| WorkInProcess | 201.00M | 190.00M | 171.00M | 173.00M |
| RawMaterials | 229.00M | 236.00M | 233.00M | 232.00M |
| Receivables | 1.18B | 1.23B | 1.31B | 1.17B |
| DuefromRelatedPartiesCurrent | 150.00M | 185.00M | 0.00 | |
| AccountsReceivable | 1.03B | 1.04B | 1.31B | 1.17B |
| AllowanceForDoubtfulAccountsReceivable | -87.00M | -86.00M | -82.00M | |
| GrossAccountsReceivable | 1.12B | 1.13B | 1.40B | |
| CashCashEquivalentsAndShortTermInvestments | 878.00M | 762.00M | 194.00M | 61.00M |
| CashAndCashEquivalents | 878.00M | 762.00M | 194.00M | 61.00M |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -10.00M | 805.00M | 1.62B | 1.43B |
| RepaymentOfDebt | -3.07B | -300.00M | 0.00 | 0.00 |
| IssuanceOfDebt | 0.00 | 8.30B | 0.00 | 0.00 |
| CapitalExpenditure | -379.00M | -380.00M | -290.00M | -251.00M |
| InterestPaidSupplementalData | 181.00M | 287.00M | 0.00 | 0.00 |
| IncomeTaxPaidSupplementalData | 181.00M | 244.00M | 0.00 | 0.00 |
| EndCashPosition | 878.00M | 762.00M | 194.00M | 61.00M |
| BeginningCashPosition | 762.00M | 194.00M | 61.00M | 91.00M |
| EffectOfExchangeRateChanges | 7.00M | 3.00M | 0.00 | 4.00M |
| ChangesInCash | 109.00M | 565.00M | 133.00M | -34.00M |
| FinancingCashFlow | -3.06B | -240.00M | -1.55B | -1.46B |
| CashFlowFromContinuingFinancingActivities | -3.06B | -240.00M | -1.55B | -1.46B |
| NetOtherFinancingCharges | 13.00M | -8.24B | -1.55B | -1.46B |
| NetIssuancePaymentsOfDebt | -3.07B | 8.00B | 0.00 | 0.00 |
| NetLongTermDebtIssuance | -3.07B | 8.00B | 0.00 | 0.00 |
| LongTermDebtPayments | -3.07B | -300.00M | 0.00 | 0.00 |
| LongTermDebtIssuance | 0.00 | 8.30B | 0.00 | 0.00 |
| InvestingCashFlow | 2.80B | -380.00M | -230.00M | -253.00M |
| CashFlowFromContinuingInvestingActivities | 2.80B | -380.00M | -230.00M | -253.00M |
| NetOtherInvestingChanges | -18.00M | -2.00M | -1.00M | |
| NetInvestmentPurchaseAndSale | 0.00 | |||
| SaleOfInvestment | 0.00 | |||
| NetBusinessPurchaseAndSale | 3.19B | 0.00 | 60.00M | 0.00 |
| SaleOfBusiness | 3.89B | 0.00 | 60.00M | 0.00 |
| PurchaseOfBusiness | -696.00M | 0.00 | 0.00 | |
| NetPPEPurchaseAndSale | -379.00M | -380.00M | -290.00M | -251.00M |
| PurchaseOfPPE | -379.00M | -380.00M | -290.00M | -251.00M |
| OperatingCashFlow | 369.00M | 1.19B | 1.92B | 1.68B |
| CashFlowFromContinuingOperatingActivities | 369.00M | 1.19B | 1.92B | 1.68B |
| ChangeInWorkingCapital | -119.00M | 160.00M | 126.00M | -202.00M |
| ChangeInOtherWorkingCapital | -194.00M | 67.00M | -15.00M | -113.00M |
| ChangeInOtherCurrentLiabilities | 137.00M | -101.00M | 73.00M | |
| ChangeInPayablesAndAccruedExpense | 136.00M | -51.00M | 247.00M | 25.00M |
| ChangeInAccruedExpense | 43.00M | 78.00M | 142.00M | |
| ChangeInPayable | 93.00M | -129.00M | 105.00M | 25.00M |
| ChangeInAccountPayable | 104.00M | 266.00M | 105.00M | 25.00M |
| ChangeInInventory | -139.00M | -132.00M | 23.00M | -82.00M |
| ChangeInReceivables | 78.00M | 276.00M | -129.00M | -32.00M |
| ChangesInAccountReceivables | 34.00M | 43.00M | -129.00M | -32.00M |
| OtherNonCashItems | -111.00M | |||
| StockBasedCompensation | 161.00M | 112.00M | 39.00M | 37.00M |
| DeferredTax | -120.00M | -155.00M | -142.00M | -141.00M |
| DeferredIncomeTax | -120.00M | -155.00M | -142.00M | -141.00M |
| DepreciationAmortizationDepletion | 489.00M | 555.00M | 561.00M | 578.00M |
| DepreciationAndAmortization | 489.00M | 555.00M | 561.00M | 578.00M |
| OperatingGainsLosses | -1.49B | 34.00M | -15.00M | 64.00M |
| PensionAndEmployeeBenefitExpense | 62.00M | 34.00M | 41.00M | 64.00M |
| GainLossOnSaleOfBusiness | -1.55B | 0.00 | -56.00M | 0.00 |
| NetIncomeFromContinuingOperations | 1.56B | 479.00M | 1.35B | 1.34B |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for SOLV
| Date | User | Broker | Pattern | Type | Position Size | Entry Price | Trade P&L | Status |
|---|