Solventum Corp. (SOLV)

Operating profit margin

		Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Operating income (ttm)	US$ in thousands	1,535,500	1,564,000	1,596,000	1,626,000	1,658,000
Revenue (ttm)	US$ in thousands	8,208,500	8,236,000	8,146,000	8,101,000	8,115,500
Operating profit margin		18.71%	18.99%	19.59%	20.07%	20.43%

March 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,535,500K ÷ $8,208,500K
= 18.71%

Solventum Corp.'s operating profit margin has been showing a decreasing trend over the past five quarters. The operating profit margin decreased from 20.43% in the first quarter of 2023 to 18.71% in the first quarter of 2024. This trend indicates that the company's ability to generate profit from its core operations has been declining over time. It would be important for Solventum Corp. to closely monitor its operating expenses and revenue generation strategies to reverse this trend and improve its operating profit margins in the future.