Solventum Historical Income Statement
SOLV Stock | 71.61 0.80 1.13% |
Historical analysis of Solventum Corp income statement accounts such as Gross Profit of 5.1 B, Other Operating Expenses of 6.9 B, Operating Income of 1.8 B or Net Income From Continuing Ops of 926.6 M can show how well Solventum Corp performed in making a profits. Evaluating Solventum Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Solventum Corp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Solventum Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Solventum Corp is a good buy for the upcoming year.
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About Solventum Income Statement Analysis
Solventum Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Solventum Corp shareholders. The income statement also shows Solventum investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Solventum Corp Income Statement Chart
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Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Revenue
Total revenue comprises all receipts Solventum Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Solventum Corp minus its cost of goods sold. It is profit before Solventum Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Solventum Corp. It is also known as Solventum Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Solventum Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Solventum Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solventum Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Solventum Stock please use our How to Invest in Solventum Corp guide.At this time, Solventum Corp's EBITDA is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 3.3 B in 2024, whereas Cost Of Revenue is likely to drop slightly above 3.7 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 597M | 578M | 561M | 467M | Tax Provision | 422M | 349M | 218M | 258.2M |
Solventum Corp income statement Correlations
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Additional Tools for Solventum Stock Analysis
When running Solventum Corp's price analysis, check to measure Solventum Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Solventum Corp is operating at the current time. Most of Solventum Corp's value examination focuses on studying past and present price action to predict the probability of Solventum Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solventum Corp's price. Additionally, you may evaluate how the addition of Solventum Corp to your portfolios can decrease your overall portfolio volatility.