TTM
25.5%
YoY change
+13.65pp
Trough year (2024)
12.6%
Peak year (2025)
26.2%
Latest annual
26.2%
Operating Margin history chart for Solventum (SOLV) from 2020 to 2025
Latest: 26.2%
Operating Margin change chart for Solventum (SOLV) from 2020 to 2025
Latest: +13.65pp
Operating Margin history table for Solventum (SOLV) from 2020 to 2025
| 2025 | 26.2% | +13.65pp | ||
| 2024 | 12.6% | -8.09pp | ||
| 2023 | 20.6% | -0.18pp | ||
| 2022 | 20.8% | -2.17pp | ||
| 2021 | 23.0% | +3.36pp | ||
| 2020 | 19.6% | — |
- 202526.2%+13.65pp
- 202412.6%-8.09pp
- 202320.6%-0.18pp
- 202220.8%-2.17pp
- 202123.0%+3.36pp
- 202019.6%—
Operating Margin values are taken from Solventum's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Solventum (SOLV)
According to Solventum's latest reported financial statements, the company's latest reported operating margin is 25.5%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Solventum (SOLV) operating margin totalled 26.20% – expanded 13.6 percentage points year-over-year.
The record annual operating margin stands at 26.20%, reached in 2025; the historical low of 12.55% was recorded in 2024.
Solventum Operating Margin by Year
Solventum Operating Margin 2025: 26.2%
Solventum operating margin in 2025 was 26.20%, expanded 13.6 percentage points from 2024. This figure represents the highest annual value in the available history.
Solventum Operating Margin 2024: 12.6%
2024's operating margin for Solventum came in at 12.55%, contracted 8.1 percentage points from 2023. This figure represents the lowest annual value in the available history.
Solventum Operating Margin 2023: 20.6%
Solventum posted operating margin of 20.64% in 2023, contracted 0.2 percentage points from 2022.
Solventum Operating Margin 2022: 20.8%
In 2022, Solventum reported operating margin of 20.82%, contracted 2.2 percentage points from 2021.
Solventum Operating Margin 2021: 23.0%
Solventum operating margin in 2021 was 23.00%.
See more financial history for Solventum (SOLV).
Sector peers by Operating Margin
Healthcare peers of Solventum (SOLV), ranked by their latest operating margin
| 45.9% | |
| 45.3% | |
| 31.6% | |
| 27.6% | |
| 27.6% | |
| 26.4% | |
| 23.7% | |
| 4.2% |
- 45.9%
- 45.3%
- 31.6%
- 27.6%
- 27.6%
- 23.7%
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