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SOLV

Solventum Corp

$57.55

Earnings Summary

Revenue
$2016Mn
Net Profits
$237Mn
Net Profit Margins
11.76%

Highlights

Revenue:

Solventum Corp’s revenue fell -1.35% since last year same period to $2016Mn in the Q1 2024. On a quarterly growth basis, Solventum Corp has generated -3.77% fall in its revenue since last 3-months.

Net Profits:

Solventum Corp’s net profit fell -19.11% since last year same period to $237Mn in the Q1 2024. On a quarterly growth basis, Solventum Corp has generated 224.66% jump in its net profits since last 3-months.

Net Profit Margins:

Solventum Corp’s net profit margin fell -18.01% since last year same period to 11.76% in the Q1 2024. On a quarterly growth basis, Solventum Corp has generated 237.38% 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 Year
1.75

Highlights

EPS Estimate Current Year:

Solventum Corp’s earning per share (EPS) estimates for the current year stand at 1.75.

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 %
2024-03-31
1.75
2.08
18.86%

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