SOLV
$70.26
Revenue | $2082Mn |
Net Profits | $122Mn |
Net Profit Margins | 5.86% |
Solventum Corp’s revenue jumped 1.36% since last year same period to $2082Mn in the Q3 2024. On a quarterly growth basis, Solventum Corp has generated 0.05% jump in its revenue since last 3-months.
Solventum Corp’s net profit fell -57.19% since last year same period to $122Mn in the Q3 2024. On a quarterly growth basis, Solventum Corp has generated 37.08% jump in its net profits since last 3-months.
Solventum Corp’s net profit margin fell -57.77% since last year same period to 5.86% in the Q3 2024. On a quarterly growth basis, Solventum Corp has generated 37.01% jump in its net profit margins since last 3-months.
EPS Estimate Current Quarter | 1.51 |
EPS Estimate Current Year | 1.51 |
Solventum Corp’s earning per share (EPS) estimates for the current quarter stand at 1.51 - a -13.71% fall from last quarter’s estimates.
Solventum Corp’s earning per share (EPS) estimates for the current year stand at 1.51.
Return on Assets (ROA) | 0.08 |
Return on Equity (ROE) | 0.17 |
Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Solventum Corp’s return on assets (ROA) stands at 0.08.
The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Solventum Corp’s return on equity (ROE) stands at 0.17.
Earnings Date | Estimated EPS | Reported EPS | Surprise % |
---|---|---|---|
2024-05-10 | 1.75 | 2.08 | 18.86% |
2024-08-09 | 1.51 | 1.56 | 3.31% |