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Companies / Health Care / Solventum
SOLV

Solventum

Health CareSurgical & Medical InstrumentsS&P 500
Ticker SOLVEAGAN, MNFiscal year ends DecemberBook value per share $27.52Diluted shares 174.4M

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… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$8.32BFY2025
+0.9% year over year
Last 12 mo $8.31B
26.20%FY2025
+13.6 percentage points
Last 12 mo 24.98%
$1.56BFY2025
+224.8% year over year
Last 12 mo $1.43B
30.82%FY2025
+14.6 percentage points
Last 12 mo 29.88%
Cash & financing
$369.00MFY2025
−68.9% year over year
Last 12 mo $209.00M
$-10.00MFY2025
−101.2% year over year
Last 12 mo $-118.00M
1.00FY2025
Was 2.71× a year earlier
Last 12 mo 1.10
175.3MFY2025
+0.9% year over year
Last 12 mo 174.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Solventum does

In the company’s own words

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.

Company details
Sector
Health Care
Industry (SIC)
Surgical & Medical Instruments
Headquarters
EAGAN, MN
Fiscal year end
December
CIK
1964738
SIC
3841

Financial performance, year by year

Fiscal 2024–2025 · USD
$-832.50M$1.67B$4.16B$6.66B$9.16B20242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Solventum — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

499
funds hold it
1 of 35
superinvestors hold it
$3.80B
held by funds, at market
29.9%
of shares held by funds
5
bond issues held by funds

Superinvestors in Solventum · what they did last quarter

Nelson PeltzUNCHANGED
Trian Fund Management
15.0%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Solventum’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.02%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.14%of fund net assets
Disciplined Value Mid Cap Fund
JVMAX · John Hancock Funds III
0.92%of fund net assets
Invesco S&P 500 Equal Weight ETF
RSP · Invesco Exchange-Traded Fund Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Solventum’s bonds, as funds hold them

Funds report holding 5 issues of Solventum’s debt, $1.11B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 5.57%, maturing 2027 to 2054.

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.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Solventum and its peers compare on margins and cash generation over ten years?”
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