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Solventum (Solventum) Revenue : $8,246 Mil (TTM As of Mar. 2024)


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What is Solventum Revenue?

Solventum's revenue for the three months ended in Mar. 2024 was $2,016 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $8,246 Mil. Solventum's Revenue per Share for the three months ended in Mar. 2024 was $11.67. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $47.78.

During the past 12 months, the average Revenue per Share Growth Rate of Solventum was 36.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was 4.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 4 years, Solventum's highest 3-Year average Revenue per Share Growth Rate was 4.20% per year. The lowest was 4.20% per year. And the median was 4.20% per year.


Solventum Revenue Historical Data

The historical data trend for Solventum's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Solventum Revenue Chart

Solventum Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Revenue
7,281.00 8,171.00 8,130.00 8,241.00

Solventum Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,011.00 2,081.00 2,054.00 2,095.00 2,016.00

Competitive Comparison of Solventum's Revenue

For the Health Information Services subindustry, Solventum's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Solventum's Revenue Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Solventum's Revenue distribution charts can be found below:

* The bar in red indicates where Solventum's Revenue falls into.



Solventum Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $8,246 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Solventum  (NYSE:SOLV) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Solventum Revenue Related Terms

Thank you for viewing the detailed overview of Solventum's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Solventum (Solventum) Business Description

Comparable Companies
Traded in Other Exchanges
Address
3M Center, St. Paul, MN, USA, 55144
Solventum is an independent healthcare?company with a primary focus on solving big healthcare challenges. Its diverse product portfolio spans across the healthcare industry from medical solutions and oral care to health information systems and separation and purification sciences.

Solventum (Solventum) Headlines

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