Which has the lower trailing P/E, ICLR or SOLV?

SOLV has the lower trailing P/E: ICLR trades at 38.04 and SOLV at 10.73. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, ICLR or SOLV?

Over the past five years, ICLR grew revenue faster — ICLR at a 20.93% CAGR versus SOLV at 2.72%.

Is ICLR or SOLV more profitable?

SOLV runs the higher net margin — ICLR at 3.99% versus SOLV at 17.26%.

ICON Public Limited Company (ICLR) vs Solventum Corporation (SOLV)

A side-by-side comparison of ICON Public Limited Company and Solventum Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 4, 2026. Differences are shown without an overall score or investment verdict.

ICLR

ICON Public Limited Company

$12.41B

$162.05HealthcareDelayed quote: Oct 2, 2026, 4:00 PM EDT

SOLV

Solventum Corporation

$15.21B

$87.85HealthcareDelayed quote: Oct 2, 2026, 4:00 PM EDT

Total return — ICLR vs SOLV

growth of $100 · dividends reinvested · last 3y

ICLR -52.0% (-21.7%/yr)SOLV +9.8% (+3.2%/yr)SOLV compounded faster over this window

ICLR SOLV

ICLR vs SOLV: by the numbers

•SOLV is the larger company ($15.21B vs $12.41B market cap).
•SOLV trades at the lower trailing earnings multiple (10.73 vs 38.04 P/E), one valuation lens rather than an overall verdict.
•SOLV converts more revenue to profit (17.26% vs 3.99% net margin).
•ICLR grew revenue faster over the past five years (20.93% vs 2.72% CAGR).

Metrics side by side

Valuation

Metric	ICLR	SOLV
P/E ratio	38.04	10.73
Forward P/E	15.30	12.27
PEG ratio	N/A	1.75
P/S ratio	1.50	1.83
P/B ratio	1.32	3.17
EV / EBITDA	10.60	7.06
FCF yield	10.85%	N/A

Profitability

Metric	ICLR	SOLV
Gross margin	21.85%	54.69%
Operating margin	10.15%	24.99%
Net margin	3.99%	17.26%
ROE	3.51%	29.88%
ROIC	4.80%	15.85%

Growth (annualized)

Metric	ICLR	SOLV
Revenue CAGR (5Y)	20.93%	2.72%
EPS CAGR (5Y)	-14.23%	6.26%
FCF CAGR (5Y)	22.10%	N/A
Total return CAGR (5Y)	-9.18%	N/A

Frequently asked

Which has the lower trailing P/E, ICLR or SOLV?: SOLV has the lower trailing P/E: ICLR trades at 38.04 and SOLV at 10.73. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ICLR or SOLV?: Over the past five years, ICLR grew revenue faster — ICLR at a 20.93% CAGR versus SOLV at 2.72%.
Is ICLR or SOLV more profitable?: SOLV runs the higher net margin — ICLR at 3.99% versus SOLV at 17.26%.

Go deeper

Full ICLR analysis Full SOLV analysis Interactive comparison tool

Dig into the metrics

ICON Public P/E ratio Solventum P/E ratio ICON Public ROE Solventum ROE ICON Public operating margin Solventum operating margin ICON Public revenue growth Solventum revenue growth ICON Public free cash flow Solventum free cash flow

ICON Public & Solventum appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest FCF Yield Stocks Lowest P/E Ratio Stocks

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 October 4, 2026.