Solventum Corporation (SOLV) Tax Rate: 9.17%
Is Solventum Corporation’s tax rate high or low?
Solventum Corporation's tax rate of 9.17% is 51% below its 5-year average of 18.91%, near the low end of its 5-year range (9.17%–22.42%).
39.19% below its 12-month average of 15.08%.
SOLV Tax Rate Chart
SOLV Average Tax Rate Chart
SOLV Current vs Average Tax Rate Chart
SOLV Tax Rate Metrics
TAX RATE
9.17%
TAX RATE AVG TTM
15.08%
TAX RATE AVG 3Y
17.51%
TAX RATE AVG 5Y
18.91%
TAX RATE AVG 10Y
18.91%
TAX RATE AVG 15Y
18.91%
TAX RATE AVG 20Y
18.91%
CURRENT VS TTM AVG
-39.19%
CURRENT VS 3Y AVG
-47.64%
CURRENT VS 5Y AVG
-51.50%
CURRENT VS 10Y AVG
-51.50%
CURRENT VS 15Y AVG
-51.50%
CURRENT VS 20Y AVG
-51.50%
Solventum Corporation Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Solventum Corporation Tax Rate FAQ
- What is the tax rate for Solventum Corporation (SOLV)?
- The tax rate for SOLV stock is 9.17%.
- Is Solventum Corporation's tax rate high or low?
- Solventum Corporation's tax rate of 9.17% is 51% below its 5-year average of 18.91%, near the low end of its 5-year range (9.17%–22.42%).
- What is the TTM average tax rate for Solventum Corporation (SOLV)?
- The TTM average tax rate for SOLV stock is 15.08%.
- What is the 3Y average tax rate for Solventum Corporation (SOLV)?
- The 3Y average tax rate for SOLV stock is 17.51%.
- What is the 5Y average tax rate for Solventum Corporation (SOLV)?
- The 5Y average tax rate for SOLV stock is 18.91%.
- What is the 10Y average tax rate for Solventum Corporation (SOLV)?
- The 10Y average tax rate for SOLV stock is 18.91%.
- What is the 15Y average tax rate for Solventum Corporation (SOLV)?
- The 15Y average tax rate for SOLV stock is 18.91%.
- What is the 20Y average tax rate for Solventum Corporation (SOLV)?
- The 20Y average tax rate for SOLV stock is 18.91%.
Solventum Corporation Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 9.17% |
| 2024-12-31 | 20.99% |
| 2023-12-31 | 19.26% |
| 2022-12-31 | 20.63% |
| 2021-12-31 | 22.42% |
| 2020-12-31 | 20.97% |
Related Metrics
About Solventum Corporation
Solventum Corporation, established in 2023 and headquartered in Saint Paul, Minnesota, operates as a healthcare entity dedicated to pioneering, producing, and commercializing diverse solutions that address critical needs for both customers and patients. The company's business activities are organized into four principal segments. The Medsurg division furnishes various products and services, including sophisticated wound care items, intravenous (I.V.) site management tools, sterilization assurance systems, temperature regulation devices, surgical instruments, stethoscopes, and medical electrodes. Its Dental Solutions segment provides a comprehensive range of dental and orthodontic offerings, such as brackets, clear aligners, restorative filling materials, and bonding agents. The Health Information Systems division concentrates on advanced software platforms, covering functionalities like computer-assisted physician documentation, direct billing and coding automation, classification frameworks, voice recognition capabilities, and data visualization tools. Finally, the Purification and Filtration segment supplies an array of purification and filtration technologies, including various filters, purifiers, cartridges, and specialized membranes.
- Sector
- Healthcare
- Industry
- Medical - Care Facilities
- CEO
- Bryan C. Hanson