Fundamentals · 2026-09-09S&P 500ANNUAL BASIS

Solventum

SOLV stock analysis · Health Care · Health Care Technology

FY 2025-12-31ANNUAL FILINGS
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ⓘ These are research estimates based on annual filings. Valuation uses a cash-flow proxy and explicit assumptions; prices are not live. Published valuations use annual periods first filed by the price date, with later restatements retained.
Reference share price · USD
$77.15HISTORICAL SNAPSHOT

As of · fund-implied per-share value

Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.

View SEC fund filing ↗
Estimated issuer market cap
$13.1B

Price × SEC outstanding shares. Shares measured 2026-06-30. Approximate; share and price dates can differ.

View share-count filing ↗
Valuation

DCF value

— Requires positive annual FCF, usable shares and discount rate above terminal growth.

Requires positive annual FCF, usable shares and discount rate above terminal growth.

How this is calculated ↗
Valuation

Reverse DCF

— No solution in −50% to +100% growth, or nonpositive FCF / invalid assumptions.

No solution in −50% to +100% growth, or nonpositive FCF / invalid assumptions.

How this is calculated ↗
Valuation

Relative valuation

208.8%

52 sector peers · median 26.0×

How this is calculated ↗
Valuation

Historical multiples

— Requires three annual historical market caps and eligible filed earnings.

Requires three annual historical market caps and eligible filed earnings.

How this is calculated ↗
Valuation

Free cash flow yield

-0.1%

Annual basis · read assumptions below

How this is calculated ↗
Quality

ROIC / quality

17.8%

Normalized tax · financing-capital proxy · parent-equity fallback (scope limitation) · short-term borrowing coverage incomplete

How this is calculated ↗
Valuation

Value composite

58/100

Annual basis · read assumptions below

How this is calculated ↗
Momentum

12–1 price momentum

— Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

How this is calculated ↗
Investment

Asset growth

-1.1%

Annual basis · read assumptions below

How this is calculated ↗
Investment

Net payout yield

— Requires reported dividends, repurchases and issuance; missing values are not zero.

Requires reported dividends, repurchases and issuance; missing values are not zero.

How this is calculated ↗
Quality

Accrual quality

8.3%

Parent-earnings fallback versus consolidated cash flow · scope limitation

How this is calculated ↗
Momentum

Fundamental momentum

1.5%

Annual basis · read assumptions below

How this is calculated ↗

Follow the cash

ANNUAL · USD

Operating cash flow and reinvestment over time

USD · bar maximum 1.9B2022-12-31: cfo $1,679,000,000.002022-12-31: capex $251,000,000.0020222023-12-31: cfo $1,915,000,000.002023-12-31: capex $290,000,000.0020232024-12-31: cfo $1,185,000,000.002024-12-31: capex $380,000,000.0020242025-12-31: cfo $369,000,000.002025-12-31: capex $379,000,000.002025
Operating cash flowCapital expenditure

Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.

Make the assumptions yours

Personal inputs stay in this browser. Blank fields retain published inputs. Five-year forecast; zero net borrowing. Required return must exceed terminal growth.

How sensitive is the valuation?

DCF per-share sensitivity · includes reviewed preferred and minority-owner claims · rows: required return · columns: growth
Return / Growth3.0%5.0%7.0%
8.0%———
10.0%———
12.0%———

Annual financial history

Open SEC filings ↗
Fiscal year-endRevenueNet incomeOperating cash flowCapital expenditureAssets
2025-12-318.3B1.6B369M379M14.3B
2024-12-318.3B479M1.2B380M14.5B
2023-12-318.2B1.3B1.9B290M13.9B
2022-12-318.1B1.3B1.7B251M—

USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.

Trace the inputs

MODEL ANNUAL PERIOD
InputValueSEC tag / sourceFiled
revenue8.3BRevenues2026-02-27
netIncome1.6BNetIncomeLoss
Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income.
2026-02-27
Parent/common earnings proxy1.6BNetIncomeLoss2026-02-27
cfo369MNetCashProvidedByUsedInOperatingActivities2026-02-27
capex379MPaymentsToAcquirePropertyPlantAndEquipment2026-02-27
operatingIncome2.2BOperatingIncomeLoss2026-02-27
assets14.3BAssets2026-02-27
equity5BStockholdersEquity
Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income.
2026-02-27
Parent book equity proxy5BStockholdersEquity2026-02-27
debt5BLongTermDebt2026-02-27
shortDebt—Not reported under a supported tag—
cash878MCashAndCashEquivalentsAtCarryingValue2026-02-27
shares175.3MWeightedAverageNumberOfDilutedSharesOutstanding2026-02-27
dividends—Not reported under a supported tag—
buybacks—Not reported under a supported tag—
issuance—Not reported under a supported tag—