SOLV
SolventumPrevious close
81.33
Change
−2.23 / −2.67%
P/E (TTM) ?
9.9
Market Cap
$13.8B
1M
−7.74%
S&P 500 −0.91% over same period
Volume / Avg Volume
1.1M / 1.1M
0.98× average
Latest earnings analysisFY2026 Q2Reported 2026-08-05
Solventum Q2 FY2026: organic sales +9.5%, adjusted EPS $2.55, guidance up
Solventum beat on adjusted profit and raised full-year guidance on organic sales, adjusted EPS and free cash flow, so the quarter reads Bullish — but much of the strength came from items that will not repeat. Read the top line two ways: reported sales rose 2.2% while organic sales rose 9.5%, because the Purification and Filtration business sold in September 2025 still sat in last year's reported numbers.
Read the full analysis →Revenue$2.21BYoY +2.20%
EPS (non-GAAP)$2.55Beatest. $1.94
Next-day move−5.16%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-08-05 | $2.2B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-05-05 | $2.0B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-02-26 | $8.3B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-11-06 | $2.1B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-08-07 | $2.2B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-05-08 | $2.1B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 42 of its 5-year rangeMid-range
5-year range 7.3 – 34.1 · Median 10.8
Last 4 quarters: $355M in buybacks + $0 in dividends, 2.57% of market cap combined
P/E (TTM)
9.9
P/B
3.0
P/S
1.7
PEG
0.04
Earnings Reaction
Over the last 6 reports, the stock moved ±4.5% on average on the first trading day after, rising 4 times
Most recent −5.16%
Volatility & Correlation
1-year beta 0.57 · Correlation with S&P 500 0.24Low beta
Annualized volatility 30% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
No open-market buys or sells by officers or directors in the last 90 days.
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q2 | 2.21 | +2.2% | — | 0.09 | 0.53 |
| FY2026 Q1 | 2.01 | −3.0% | — | 0.01 | 0.07 |
| FY2025 Q4 | 2.00 | −3.7% | — | 0.06 | 0.37 |
| FY2025 Q3 | 2.10 | +0.7% | — | 1.27 | 7.22 |
| FY2025 Q2 | 2.16 | +3.8% | — | 0.09 | 0.51 |
| FY2025 Q1 | 2.07 | +2.7% | — | 0.14 | 0.78 |
| FY2024 Q4 | 2.08 | +1.9% | — | 0.03 | 0.18 |
| FY2024 Q3 | 2.08 | +0.4% | — | 0.12 | 0.70 |
| FY2024 Q2 | 2.08 | +0.2% | — | 0.09 | 0.51 |
| FY2024 Q1 | 2.02 | +0.2% | — | 0.24 | 1.37 |
| FY2023 Q4 | 2.04 | — | — | 0.27 | 1.57 |
| FY2023 Q3 | 2.07 | — | — | 0.46 | 2.66 |
| Ticker | P/E | Revenue YoY | Gross Margin | 1M | View |
|---|---|---|---|---|---|
| SOLV | 9.9 | +2.2% | — | −7.74% | Neutral |
| LLY | 50.2 | +38.6% | 83.9% | +22.51% | Bullish |
| JNJ | 41.3 | +5.9% | 68.1% | +3.20% | Bullish |
| ABBV | 81.4 | +10.2% | 74.7% | +12.73% | Bullish |
| UNH | 23.0 | +0.4% | 88.1% | +10.87% | Bullish |
| MRK | 117.2 | +5.1% | 73.5% | +2.90% | Neutral |
| TMO | 36.4 | +9.1% | — | +3.25% | Neutral |
| AMGN | 28.5 | +9.5% | 72.0% | +10.56% | Bullish |
| GILD | — | +6.8% | 81.1% | +14.51% | Neutral |