Baxter International Inc. (BAX) vs Solventum Corporation (SOLV)
A side-by-side comparison of Baxter International Inc. and Solventum Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.
BAX
Baxter International Inc.
$23.80HealthcareDelayed quote: Sep 11, 2026, 4:00 PM EDT
SOLV
Solventum Corporation
$87.45HealthcareDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — BAX vs SOLV
growth of $100 · dividends reinvested · last 2yBAX -36.1% (-20.1%/yr)SOLV +12.5% (+6.1%/yr)SOLV compounded faster over this window
BAX SOLV
BAX vs SOLV: by the numbers
- •SOLV is the larger company ($15.14B vs $12.30B market cap).
- •SOLV is profitable (17.26% net margin) while BAX runs a net loss (-9.27%).
- •SOLV grew revenue faster over the past five years (2.72% vs -1.22% CAGR).
- •BAX pays a dividend (0.17% yield), while SOLV has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | BAX | SOLV |
|---|---|---|
| P/E ratio | N/A | 10.68 |
| Forward P/E | 11.59 | 12.21 |
| P/S ratio | 1.07 | 1.82 |
| P/B ratio | 1.98 | 3.16 |
| EV / EBITDA | 29.19 | 7.04 |
| FCF yield | 5.51% | N/A |
Profitability
| Metric | BAX | SOLV |
|---|---|---|
| Gross margin | 30.08% | 54.69% |
| Operating margin | -2.39% | 24.99% |
| Net margin | -9.27% | 17.26% |
| ROE | -17.13% | 29.88% |
| ROIC | -1.61% | 15.85% |
Dividends
| Metric | BAX | SOLV |
|---|---|---|
| Dividend yield | 0.17% | N/A |
Growth (annualized)
| Metric | BAX | SOLV |
|---|---|---|
| Revenue CAGR (5Y) | -1.22% | 2.72% |
| EPS CAGR (5Y) | N/A | 6.26% |
| FCF CAGR (5Y) | -12.92% | N/A |
| Total return CAGR (5Y) | -19.91% | N/A |
Frequently asked
- Which has grown faster, BAX or SOLV?
- Over the past five years, SOLV grew revenue faster — BAX at a -1.22% CAGR versus SOLV at 2.72%.
- Does BAX or SOLV pay a bigger dividend?
- BAX pays a dividend (0.17% yield), while SOLV has no payments in the available dividend history.
- Is BAX or SOLV more profitable?
- SOLV runs the higher net margin — BAX at -9.27% versus SOLV at 17.26%.
Go deeper
Dig into the metrics
Solventum P/E ratioBaxter International dividend yieldBaxter International ROESolventum ROEBaxter International operating marginSolventum operating marginBaxter International revenue growthSolventum revenue growthBaxter International free cash flowSolventum free cash flow
Baxter International & Solventum appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 10, 2026.