Solventum Corp. (SOLV)

Operating profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	1,480,000	1,693,000	1,879,000	1,430,000
Revenue	US$ in thousands	8,241,000	8,130,000	8,171,000	7,281,000
Operating profit margin		17.96%	20.82%	23.00%	19.64%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $1,480,000K ÷ $8,241,000K
= 17.96%

Solventum Corp.'s operating profit margin has exhibited a decreasing trend over the past four years. The company's operating profit margin was 17.96% in 2023, down from 20.82% in 2022, 23.00% in 2021, and 19.64% in 2020. This downward trend indicates that the company's ability to generate profits from its core business operations has been weakening over time. Further analysis of Solventum Corp.'s cost management strategies, revenue generation, and operating efficiency may be necessary to understand the factors contributing to this declining trend in operating profit margin.