Solventum Corporation (SOLV) Financials

$68.47

north_east
$1.35 (2.01%)
Day's range
$66.98
Day's range
$68.55

SOLV Income statement / Annual

Last year (2024), Solventum Corporation's total revenue was $8.25 B, an increase of 0.70% from the previous year. In 2024, Solventum Corporation's net income was $479.00 M. See Solventum Corporation,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Operating Revenue $8.25 B $8.20 B $8.13 B $8.17 B $7.28 B
Cost of Revenue $3.66 B $3.50 B $3.44 B $3.25 B $2.97 B
Gross Profit $4.59 B $4.69 B $4.70 B $4.92 B $4.32 B
Gross Profit Ratio 0.56 0.57 0.58 0.6 0.59
Research and Development Expenses $775.00 M $758.00 M $767.00 M $766.00 M $719.00 M
General & Administrative Expenses $0.00 $0.00 $0.00 $0.00 $0.00
Selling & Marketing Expenses $0.00 $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $2.78 B $2.24 B $2.24 B $2.28 B $2.17 B
Other Expenses $0.00 $0.00 -$1.00 M $3.00 M $10.00 M
Operating Expenses $3.56 B $3.00 B $3.00 B $3.04 B $2.89 B
Cost And Expenses $7.22 B $6.51 B $6.44 B $6.29 B $5.85 B
Interest Income $0.00 $0.00 $0.00 $0.00 $0.00
Interest Expense $367.00 M $0.00 $0.00 $0.00 $0.00
Depreciation & Amortization $555.00 M $561.00 M $578.00 M $597.00 M $599.00 M
EBITDA $1.53 B $2.04 B $2.27 B $2.48 B $2.03 B
EBITDA Ratio 0.19 0.25 0.28 0.3 0.28
Operating Income Ratio 0.13 0.21 0.21 0.23 0.2
Total Other Income/Expenses Net -$431.00 M -$25.00 M -$1.00 M $3.00 M $10.00 M
Income Before Tax $605.00 M $1.67 B $1.69 B $1.88 B $1.44 B
Income Before Tax Ratio 0.07 0.2 0.21 0.23 0.2
Income Tax Expense $127.00 M $321.00 M $349.00 M $422.00 M $302.00 M
Net Income $479.00 M $1.35 B $1.34 B $1.46 B $1.14 B
Net Income Ratio 0.06 0.16 0.17 0.18 0.16
EPS 2.77 7.79 7.79 8.47 6.6
EPS Diluted 2.76 7.79 7.79 8.47 6.6
Weighted Average Shares Out $173.20 M $172.71 M $172.47 M $172.47 M $172.47 M
Weighted Average Shares Out Diluted $173.70 M $172.71 M $172.47 M $172.47 M $172.47 M
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