Solventum Corp. (SOLV)

Return on equity (ROE)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	692,000	1,343,000	1,460,000	1,138,000
Total stockholders’ equity	US$ in thousands	3,409,000	11,742,000	12,059,000	—
ROE		20.30%	11.44%	12.11%	—

December 31, 2023 calculation

ROE = Net income ÷ Total stockholders’ equity
= $692,000K ÷ $3,409,000K
= 20.30%

Solventum Corp.'s Return on Equity (ROE) has shown a positive trend over the years, increasing from 12.11% in 2021 to 11.44% in 2022 and further to 20.30% in 2023. This improvement indicates that the company has been effectively utilizing its shareholders' equity to generate profits. The significant jump in ROE from 2022 to 2023 suggests a notable enhancement in the company's efficiency in generating returns on equity. Overall, the increasing trend in ROE reflects positively on Solventum Corp.'s profitability and ability to create value for its shareholders.