Becton, Dickinson and Company (BDX) vs Solventum Corporation (SOLV)

Becton, Dickinson and Company and Solventum Corporation are both Medical Instruments & Supplies companies. Becton, Dickinson and Company is the larger, with a market value of $48.8B against $15.1B — 3.2× the size. Solventum Corporation trades at the lower P/E: 10.9× against 55.4×. Becton, Dickinson and Company grew revenue faster over the last twelve months: 13.1% against −0.93%. Solventum Corporation has the higher net margin (17.3% vs 4.20%) and the higher return on invested capital (13.4% vs 3.89%). Across the 19 metrics below, Solventum Corporation leads on 14 and Becton, Dickinson and Company on 5.

Valuation

Metric BDX SOLV Medical Instruments & Supplies median
P/E 55.37 10.89 34.17
P/S 2.25 1.86 2.83
P/B 2.07 3.22 2.82
Price to free cash flow 15.77 n/m 25.69
EV/EBITDA 13.27 7.88 16.08
EV/Sales 2.82 2.45 3.06
Earnings yield 1.81% 9.18% (1.84%)
Free cash flow yield 6.34% (0.76%) 0.17%

Profitability

Metric BDX SOLV Medical Instruments & Supplies median
Gross margin 46.73% 54.68% 54.62%
Operating margin 10.30% 24.98% 1.64%
Net margin 4.20% 17.26% 0.00%
Free cash flow margin 14.29% (1.42%) 1.61%
Return on equity 3.77% 33.96% 0.00%
Return on assets 1.78% 9.78% 0.00%
Return on invested capital 3.89% 13.40% 0.00%

Growth

Metric BDX SOLV Medical Instruments & Supplies median
Revenue growth (TTM) 13.14% (0.93%) 9.20%
EPS growth (last fiscal year) (1.85%) 221.74% —
Revenue growth, 5-year CAGR 6.32% — 9.48%
Net income growth, 5-year CAGR 16.95% — 0.00%

Health

Metric BDX SOLV Medical Instruments & Supplies median
Debt to equity 0.55 1.10 0.08
Current ratio 0.87 1.02 2.49
Net debt to EBITDA 3.33 1.56 0.83

Dividend

Metric BDX SOLV Medical Instruments & Supplies median
Dividend yield 1.56% — 0.99%
Payout ratio 0.65 — 0.00

Size

Metric BDX SOLV Medical Instruments & Supplies median
Market cap 48.82b 15.08b 938.39m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack