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SOLV | Solventum Corporation Stock Financials Income Statements Annual

(Stock Exchange: NYSE)
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Financial Year End2023-12-312022-12-312021-12-312020-12-31
Revenue8.20B8.13B8.17B7.28B
Cost of Revenue3.50B3.44B3.25B2.97B
Gross Profit4.69B4.70B4.92B4.32B
Operating Expenses3.00B3.00B3.04B2.88B
Selling, General & Admin2.24B2.23B2.28B2.17B
Research & Development758.00M767.00M766.00M719.00M
Other Operating ExpensesN/A-1.00M3.00M10.00M
Operating Income1.69B1.69B1.88B1.43B
Other Expenses / Income-25.00M-1.00M3.00M10.00M
Before Tax Income1.67B1.69B1.88B1.44B
Income Tax Expenses321.00M349.00M422.00M302.00M
Net Income1.35B1.34B1.46B1.14B
Interest ExpensesN/AN/AN/AN/A
Basic Shares Outstanding172.47M172.47M172.47M172.47M
Diluted Shares Outstanding172.47M172.47M172.47M172.47M
EBITDA2.25B2.27B2.48B2.03B
EBITDA Margin27.44%27.93%30.30%27.87%
EBIT1.67B1.69B1.88B1.44B
EBIT Margin20.34%20.81%23.03%19.78%
Financial Year End2023-12-312022-12-312021-12-312020-12-31
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