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Solventum SOLV Net debt / EBITDA

Net debt / EBITDA at other companies

Becton, Dickinson and Company logo
Becton, Dickinson and CompanyBDX
2.9×-1.0×
3M logo
3MMMM
1.3×+0.2×
Cardinal Health logo
Cardinal HealthCAH
1.5×+0.1×
UnitedHealth Group logo
UnitedHealth GroupUNH
2.2×+0.8×
Align Technology logo
Align TechnologyALGN
-1.2×+0.2×
Oracle logo
OracleORCL
-0.4×-4.0×

Other financials

Income statement

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Revenue$2.0B-3.0%
Gross profit$1.1B-1.5%
Operating income$81.0M-46.7%
Net income$13.0M-90.5%
EPS (diluted)$0.07-91.0%

Balance sheet

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Cash & equivalents$561.0M+5.1%
Total debt$5.8B-26.8%
Total equity$5.0B+52.3%
Total assets$14.1B-3.0%

Cash flow

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Operating cash flow-$189.0M-752%
CapEx$84.0M-22.9%
Free cash flow-$273.0M-241%

Valuation

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Market cap$13.06B-13.9%
Enterprise value$18.29B-19.4%
P/E9.1×-30.9×
P/S1.6×-0.2×

Profitability

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Gross margin53.7%-0.9pp
Operating margin25.5%+15.8pp
Net margin17.3%+12.8pp
FCF margin4.6%-13.9pp

Returns & leverage

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Return on equity34.8%+24.1pp
Debt / equity1.2×-1.3×
Current ratio1.1×-0.1×

Where this comes from

Calculated from Solventum’s reported figures.

Based on the most recent quarter.

The official record: Solventum’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Solventum's net debt / EBITDA?
Solventum (SOLV) reported net debt / EBITDA of 2× in Q1 2026.
How has Solventum's net debt / EBITDA changed year-over-year?
Solventum's net debt / EBITDA decreased by 63.2% year-over-year, from 5.5× to 2×.
What is the long-term trend for Solventum's net debt / EBITDA?
Over 2 years (2023 to 2025), Solventum's net debt / EBITDA has grown at a 519.9% compound annual growth rate (CAGR), from -0× to 1.6×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.