Solventum Past Earnings Performance
Past criteria checks 1/6
Solventum's earnings have been declining at an average annual rate of -5.8%, while the Medical Equipment industry saw earnings growing at 12% annually. Revenues have been growing at an average rate of 0.4% per year. Solventum's return on equity is 22.6%, and it has net margins of 8.8%.
Key information
-5.8%
Earnings growth rate
-47.9%
EPS growth rate
| Medical Equipment Industry Growth | 8.9% |
| Revenue growth rate | 0.4% |
| Return on equity | 22.6% |
| Net Margin | 8.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
These 4 Measures Indicate That Solventum (NYSE:SOLV) Is Using Debt Extensively
Dec 11
Solventum: Concerns After A Partial Re-Rating
Nov 30A Look At The Intrinsic Value Of Solventum Corporation (NYSE:SOLV)
Oct 10Solventum: No Rush To Buy As Post-Spin Execution Will Take Time To Play Out
Sep 11Solventum (NYSE:SOLV) Has A Pretty Healthy Balance Sheet
Aug 18Solventum: Stumbling Out Of The Gate
Jul 07Solventum Corporation (NYSE:SOLV) Shares Could Be 27% Below Their Intrinsic Value Estimate
Jun 26Solventum: A Reasonable Start, Still Some Questions To Be Asked
May 173M Says Bye To Solventum - Why I Stick To My Bullish Call
Apr 02Revenue & Expenses Breakdown
How Solventum makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 8,215 | 720 | 2,570 | 766 |
| 30 Jun 24 | 8,207 | 1,058 | 2,388 | 757 |
| 31 Mar 24 | 8,202 | 1,290 | 2,266 | 758 |
| 31 Dec 23 | 8,197 | 1,346 | 2,247 | 758 |
| 30 Sep 23 | 8,166 | 1,381 | 2,222 | 754 |
| 30 Jun 23 | 8,101 | 1,256 | 2,240 | 757 |
| 31 Mar 23 | 8,083 | 1,286 | 2,238 | 763 |
| 31 Dec 22 | 8,130 | 1,343 | 2,238 | 767 |
| 31 Dec 21 | 8,171 | 1,460 | 2,282 | 766 |
| 31 Dec 20 | 7,281 | 1,138 | 2,169 | 719 |
Quality Earnings: SOLV has high quality earnings.
Growing Profit Margin: SOLV's current net profit margins (8.8%) are lower than last year (16.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SOLV's earnings have declined by 5.8% per year over the past 5 years.
Accelerating Growth: SOLV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SOLV had negative earnings growth (-47.9%) over the past year, making it difficult to compare to the Medical Equipment industry average (12.9%).
Return on Equity
High ROE: Whilst SOLV's Return on Equity (22.56%) is high, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 22:49 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Solventum Corporation is covered by 14 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Travis Steed | BofA Global Research |
| Travis Steed | BofA Global Research |
| Michael Gorman | BTIG |