10x Insights
Loading account…
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 (NYSE: SOLV) is a global healthcare company that develops, manufactures and commercializes products and software for patient care and healthcare operations. Its customers include hospitals, physicians, clinics, dental practices and other healthcare providers. MedSurg accounted for 57.9% of 2025… From the company’s description.

In fiscal 2025, Solventum reported revenue of $8.32B, up 0.9% from fiscal 2024, and net income of $1.56B. Its operating margin was 26.2%, and operations generated $369.00M in cash. Over the twelve months to Jun 30, 2026, revenue was $8.31B.

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 (NYSE: SOLV) is a global healthcare company that develops, manufactures and commercializes products and software for patient care and healthcare operations. Its customers include hospitals, physicians, clinics, dental practices and other healthcare providers. MedSurg accounted for 57.9% of 2025 sales and includes wound care, skin care, surgical supplies, sterilization assurance, temperature management and medical devices. Dental Solutions, representing 16.2% of 2025 sales, offers products such as orthodontic brackets and aligners, restorative cements and bonding agents. Health Information Systems, at 16.3% of 2025 sales, provides software for clinical documentation, coding, revenue-cycle automation, speech recognition and data visualization. Solventum sells in more than 90 countries through direct sales, distributors, key accounts and e-commerce. It had approximately 20,000 employees in 2025. The company became a standalone public company following its spin-off from 3M and continues to use some 3M infrastructure under transition agreements. Its website is https://www.solventum.com.

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.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Solventum and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Solventum's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Solventum's last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.