SOLV

Solventum Corp

Ticker: SOLVHealthcareSurgical & Medical InstrumentsS&P 500
HQ EAGAN, MNCIK 1964738FY end 12-31Book / share $27.52Shares 174M
Revenue (FY)
$8.32B+0.86%
TTM $8.31B
Op. margin
26.20%+13.65%
TTM 24.98%
Net income
$1.56B+224.84%
TTM $1.43B
Operating cash
$369.00M-68.86%
TTM $209.00M
Free cash flow
$-10.00M-101.24%
TTM $-118.00M
Return on equity
30.82%+14.63%
TTM 29.88%
Debt / equity
1.00-1.71%
TTM 1.10
Shares outstanding
175.3M+0.92%
TTM 174.4M

The business

Solventum Corporation (NASDAQ: SOLV) is a leading global healthcare company that develops, manufactures, and commercializes a broad portfolio of solutions leveraging deep material science, data science, and digital capabilities to address critical customer and patient needs across the healthcare industry. The company's website is www.solventum.com.

Solventum operates through three reportable business segments. The MedSurg segment, representing 57.9 percent of 2025 total sales, provides solutions including negative pressure wound therapy, advanced wound dressings, advanced skin care, synthetic tissue matrices, intravenous 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 accounts for 16.2 percent of sales and offers a comprehensive suite of dental and orthodontic products including brackets, aligners, restorative cements, and bonding agents spanning preventative care, direct and indirect restoration, and orthodontic needs. The Health Information Systems segment comprises 16.3 percent of sales and provides healthcare systems with software solutions for computer-assisted physician documentation, direct-to-bill and coding automation, classification methodologies, speech recognition, and data visualization platforms designed to eliminate revenue cycle waste and support value-based care.

The company employs approximately 20,000 people globally, with roughly 10,000 in the United States and 2,000 in Germany, and maintains sales presence in over 90 countries. Approximately 40 percent of employees have more than 10 years of tenure, and approximately 4,000 are production employees working in plants across the globe. Solventum maintains an extensive research and development organization of approximately 2,000 employees including research scientists, chemical engineers, data scientists, software engineers, and product developers.

Solventum was spun off from 3M Company as an independent publicly traded company, retaining significant commercial relationships with 3M during the transition. The company continues to leverage 3M's established infrastructure across certain geographies while investing in expanding independent capabilities. The company's solutions are present along a patient's journey through prevention, diagnosis, treatment, and recovery, serving a diverse customer base ranging from multidisciplinary hospitals to local clinics and practices.

Sector
Healthcare
Industry
Surgical & Medical Instruments
HQ
EAGAN, MN
FY end
12-31
CIK
1964738
SIC
3841
Financial performance · annual
20242025
$-832.50M$1.67B$4.16B$6.66B$9.16B20242025TTMTTMTTM

Ownership

Who holds Solventum Corp — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

499
funds hold it
1 of 35
superinvestors hold it
$3.80B
fund-held value
29.9%
of shares held by funds
5
bond issues held by funds

Top fund holders

Fund% of fundValue
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%$360.67M
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.02%$294.41M
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.14%$260.39M
Disciplined Value Mid Cap Fund
JVMAX · John Hancock Funds III
0.92%$213.60M
Invesco S&P 500 Equal Weight ETF
RSP · Invesco Exchange-Traded Fund Trust
0.19%$168.06M

Superinvestors in Solventum Corp

Nelson PeltzUNCHANGED
Trian Fund Management
15.0%

Share of each manager's reported 13F portfolio.

Bonds held by funds

Funds report holding 5 issues of Solventum Corp's debt, $1.11B at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 5.57%, maturing 20272054.

IssueCouponMaturesFundsFund-held
Solventum Corp.5.600%2034-03-23144$529.28M
SOLVENTUM CORP5.450%2027-02-2547$160.72M
Solventum Corp5.450%2031-03-1386$158.16M
SOLVENTUM CORP5.400%2029-03-01111$136.32M
SOLVENTUM CORP SR UNSECURED 04/54 5.95.900%2054-04-3065$128.21M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

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15 years of statements, narrative and filings — queryable over MCP.

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15 years of Solventum Corp's financials

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