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Solventum SOLV MedSurg — Depreciation expense

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Other financials

Income statement

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Revenue$2.2B+2.2%
Gross profit$1.3B+9.4%
Operating income$181.0M-15.4%
Net income$92.0M+2.2%
EPS (diluted)$0.53+3.9%

Balance sheet

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Cash & equivalents$403.0M-18.1%
Total debt$5.8B-25.9%
Total equity$4.8B+31.7%
Total assets$14.2B-5.5%

Cash flow

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Operating cash flow$227.0M+34.3%
CapEx$83.0M-24.5%
Free cash flow-$273.0M-241%

Valuation

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Market cap$15.15B+20.6%
Enterprise value$20.54B+3.3%
P/E10.6×-22.5×
P/S1.8×+0.3×

Profitability

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Gross margin54.7%+0.2pp
Operating margin25%+15.7pp
Net margin17.3%+12.7pp
FCF margin4.6%-13.9pp

Returns & leverage

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Return on equity34%+22.3pp
Debt / equity1.2×-0.9×
Current ratio-0.2×

Where this comes from

Reported directly by Solventum in its filing.

Tagged under the XBRL concept solv:DepreciationIncludingHeldForUseAssets.

The source filing: Solventum’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 1:40 PM EST
Fiscal year
FY2025
Accession
0001964738-26-000007
(Millions)Year ended December 31, 2025Year ended December 31, 2024Year ended December 31, 2023
MedSurg$131$123$128
Dental Solutions232823
Health Information Systems354

Item 8. Financial Statements and Supplementary Data

FAQ

What is Solventum's medsurg — depreciation expense?
Solventum (SOLV) reported medsurg — depreciation expense of $32.75M in Q4 2025.
How has Solventum's medsurg — depreciation expense changed year-over-year?
Solventum's medsurg — depreciation expense increased by 6.5% year-over-year, from $30.75M to $32.75M.
What is the long-term trend for Solventum's medsurg — depreciation expense?
Over 3 years (2022 to 2025), Solventum's medsurg — depreciation expense has grown at a -3.1% compound annual growth rate (CAGR), from $144M to $131M.
What does medsurg — depreciation expense mean?
The systematic allocation of the cost of tangible assets, such as machinery and equipment, over their useful lives within the MedSurg segment. This non-cash expense reflects the wear and tear of the segment's physical capital base.

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