Solventum Corp Earnings logo

SOLV

Solventum Corp Earnings

$70.26

Earnings Summary

Revenue
$2082Mn
Net Profits
$122Mn
Net Profit Margins
5.86%
Highlights
Revenue:

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.

Net Profits:

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.

Net Profit Margins:

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.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Solventum Corp post its latest quarter earnings
EPS Estimate Current Quarter
1.51
EPS Estimate Current Year
1.51
Highlights
EPS Estimate Current Quarter:

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.

EPS Estimate Current Year:

Solventum Corp’s earning per share (EPS) estimates for the current year stand at 1.51.

Key Ratios

Key ratios of the Solventum Corp post its Q1 2024 earnings
Return on Assets (ROA)
0.08
Return on Equity (ROE)
0.17
Highlights
Return on Assets (ROA):

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.

Earning Per Share (EPS):

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 Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-10
1.75
2.08
18.86%
2024-08-09
1.51
1.56
3.31%