SOLV - Solventum Corporation
Price:
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--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$92.43
DETAILS
HIGH:
$100.00
LOW:
$78.00
MEDIAN:
$93.00
CONSENSUS:
$92.43
UPSIDE:
20.30%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Revenue | ||||||
| Revenue | 8,325 | 8,254 | 8,197 | 8,130 | 8,171 | 7,281 |
| Cost of Revenue | 3,874 | 3,661 | 3,504 | 3,435 | 3,248 | 2,966 |
| Gross Profit | 4,451 | 4,593 | 4,693 | 4,695 | 4,923 | 4,315 |
| Operating Expenses | ||||||
| R&D Expenses | 739 | 775 | 758 | 767 | 766 | 719 |
| SG&A Expenses | 3,080 | 2,782 | 2,243 | 2,235 | 2,278 | 2,166 |
| Other Expenses | (1,549) | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 2,270 | 3,557 | 3,001 | 3,002 | 3,044 | 2,885 |
| Operating Income | ||||||
| Operating Income | 2,181 | 1,036 | 1,692 | 1,693 | 1,879 | 1,430 |
| Interest Expense | 347 | 367 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||
| EBITDA | 2,549 | 1,527 | 2,228 | 2,270 | 2,476 | 2,029 |
| EBIT | 2,060 | 972 | 1,667 | 1,692 | 1,879 | 1,430 |
| Income Before Tax | 1,713 | 605 | 1,667 | 1,692 | 1,882 | 1,440 |
| Income Tax Expense | 157 | 127 | 321 | 349 | 422 | 302 |
| Net Income | 1,556 | 479 | 1,346 | 1,343 | 1,460 | 1,138 |
| Per Share Data | ||||||
| EPS (Basic) | 8.94 | 2.77 | 7.79 | 7.79 | 8.47 | 6.60 |
| EPS (Diluted) | 8.88 | 2.76 | 7.79 | 7.79 | 8.47 | 6.60 |
| Shares Outstanding | 174.1 | 173.2 | 172.7 | 172.5 | 172.5 | 172.5 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Current Assets | |||||
| Cash & Cash Equivalents | 878 | 762 | 194 | 61 | 91 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 1,034 | 1,229 | 1,313 | 1,171 | 1,177 |
| Inventory | 1,066 | 965 | 857 | 873 | 813 |
| Other Current Assets | 881 | 293 | 155 | 126 | 108 |
| Total Current Assets | 3,859 | 3,249 | 2,519 | 2,231 | 2,189 |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 1,326 | 1,622 | 1,457 | 1,319 | 1,306 |
| Goodwill | 5,704 | 6,377 | 6,535 | 6,434 | 6,666 |
| Intangible Assets | 2,592 | 2,544 | 2,902 | 3,252 | 3,661 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 813 | 665 | 530 | 358 | 253 |
| Total Non-Current Assets | 10,435 | 11,208 | 11,424 | 11,363 | 11,886 |
| Total Assets | 14,294 | 14,457 | 13,943 | 13,594 | 14,075 |
| Current Liabilities | |||||
| Account Payables | 687 | 618 | 477 | 348 | 320 |
| Short-Term Debt | 0 | 200 | 0 | 0 | 0 |
| Deferred Revenue | 621 | 572 | 574 | 559 | 574 |
| Other Current Liabilities | 1,828 | 659 | 365 | 236 | 323 |
| Total Current Liabilities | 3,136 | 2,703 | 1,728 | 1,311 | 1,406 |
| Non-Current Liabilities | |||||
| Long-Term Debt | 5,035 | 7,810 | 8,303 | 0 | 0 |
| Deferred Tax Liabilities | 164 | 225 | 231 | 215 | 218 |
| Other Non-Current Liabilities | 910 | 760 | (7,985) | 326 | 392 |
| Total Non-Current Liabilities | 6,109 | 8,795 | 549 | 541 | 610 |
| Total Liabilities | 9,245 | 11,498 | 2,277 | 1,852 | 2,016 |
| Stockholders' Equity | |||||
| Common Stock | 2 | 2 | 0 | 0 | 0 |
| Retained Earnings | 1,797 | 242 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | (625) | (1,056) | (337) | (497) | (200) |
| Total Stockholders' Equity | 5,049 | 2,959 | 11,666 | 11,742 | 12,059 |
| Total Liabilities & Equity | 14,294 | 14,457 | 13,943 | 13,594 | 14,075 |
| Debt Metrics | |||||
| Total Debt | 5,035 | 8,010 | 8,303 | 0 | 0 |
| Net Debt | 4,157 | 7,248 | 8,109 | (61) | (91) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | 1,556 | 479 | 1,346 | 1,343 | 1,460 | 1,138 |
| Depreciation & Amortization | 489 | 555 | 561 | 578 | 597 | 599 |
| Stock-Based Compensation | 161 | 112 | 39 | 37 | 38 | 35 |
| Change in Working Capital | (119) | 160 | 126 | (202) | 67 | 234 |
| Other Non-Cash Items | (1,598) | 34 | (15) | 64 | 74 | 74 |
| Operating Cash Flow | 369 | 1,185 | 1,915 | 1,679 | 2,202 | 2,026 |
| Investing Activities | ||||||
| Capital Expenditure | (379) | (380) | (290) | (251) | (277) | (271) |
| Acquisitions | (696) | 0 | 60 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 469 |
| Other Investing Activities | 3,872 | 0 | 0 | (2) | (1) | 30 |
| Investing Cash Flow | 2,797 | (380) | (230) | (253) | (278) | 228 |
| Financing Activities | ||||||
| Net Debt Issuance | (3,070) | 8,003 | 0 | 0 | 0 | (445) |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 13 | (8,243) | (1,552) | (1,460) | (1,960) | (1,766) |
| Financing Cash Flow | (3,057) | (240) | (1,552) | (1,460) | (1,960) | (2,211) |
| Cash Position | ||||||
| Net Change in Cash | 116 | 568 | 133 | (30) | (33) | 40 |
| Cash at Beginning | 762 | 194 | 61 | 91 | 124 | 84 |
| Cash at End | 878 | 762 | 194 | 61 | 91 | 124 |
| Free Cash Flow | (10) | 805 | 1,625 | 1,428 | 1,925 | 1,755 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Income Statement | ||||||
| Revenue | 8,325 | 8,254 | 8,197 | 8,130 | 8,171 | 7,281 |
| Gross Profit | 4,451 | 4,593 | 4,693 | 4,695 | 4,923 | 4,315 |
| Operating Income | 2,181 | 1,036 | 1,692 | 1,693 | 1,879 | 1,430 |
| Net Income | 1,556 | 479 | 1,346 | 1,343 | 1,460 | 1,138 |
| EPS (Diluted) | 8.88 | 2.76 | 7.79 | 7.79 | 8.47 | 6.60 |
| Balance Sheet | ||||||
| Cash & Equivalents | 878 | 762 | 194 | 61 | 91 | |
| Total Assets | 14,294 | 14,457 | 13,943 | 13,594 | 14,075 | |
| Total Debt | 5,035 | 8,010 | 8,303 | 0 | 0 | |
| Stockholders' Equity | 5,049 | 2,959 | 11,666 | 11,742 | 12,059 | |
| Cash Flow | ||||||
| Operating Cash Flow | 369 | 1,185 | 1,915 | 1,679 | 2,202 | 2,026 |
| Capital Expenditure | (379) | (380) | (290) | (251) | (277) | (271) |
| Free Cash Flow | (10) | 805 | 1,625 | 1,428 | 1,925 | 1,755 |