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COR vs. SOLV: Cencora vs. Solventum Stock Comparison

How do Cencora (COR) and Solventum (SOLV) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Cencora (COR) and Solventum (SOLV) both fall under the Health Care Equipment & Services industry group, but COR is classified in Health Care Providers & Services while SOLV is classified in Health Care Equipment & Supplies.

Cencora (COR) carries decades of public-market history since April 4, 1995, while Solventum (SOLV) listed on March 26, 2024 — long-window comparisons have far more historical data on the COR side.

Company profile comparison for Cencora (COR) and Solventum (SOLV)
Profile ItemCORSOLV
NameCencora Inc.Solventum Corporation
Country/RegionUnited StatesUnited States
GICS SectorHealth CareHealth Care
GICS Industry GroupHealth Care Equipment & ServicesHealth Care Equipment & Services
GICS IndustryHealth Care Providers & ServicesHealth Care Equipment & Supplies
GICS Sub-IndustryHealth Care DistributorsHealth Care Supplies
Market Capitalization63.65 billion USD15.36 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateApril 4, 1995March 26, 2024
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

COR
SOLV
GSPC
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Cencora (COR) vs. Solventum (SOLV), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Cencora (COR) and Solventum (SOLV). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Cencora (COR) and Solventum (SOLV). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Cencora (COR) and Solventum (SOLV)
MetricCORSOLV
Total Return (1Y)-3.53%25.89%
Total Return (3Y, Annualized)21.62%--
Total Return (5Y, Annualized)24.10%--

Risk Profile

Drawdown History

COR
SOLV
GSPC
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Cencora (COR) vs. Solventum (SOLV), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Cencora (COR) and Solventum (SOLV). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Cencora (COR) and Solventum (SOLV)
MetricCORSOLV
Volatility (1Y, Annualized)31.90%30.06%
Beta (5Y)0.560.62
Max Drawdown (5Y)-32.44%-39.98%
Avg. Volume (3M)1.29M1.05M

Risk-Adjusted Performance

Risk-Return Positioning

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COR and SOLV are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Cencora (COR) and Solventum (SOLV)
MetricCORSOLV
Sharpe Ratio (1Y)-0.240.72
Sortino Ratio (1Y)-0.301.08

Profitability

ROE (TTM)

Cencora (COR) at 129.01% clears its industry range for ROE, a sharper capital-efficiency signal than Solventum (SOLV) at 3.19%, which is closer to a typical peer reading.

COR

Health Care Equipment & Services industry group

129.01%

COR
129.01%
Max
47.61%
Q3
14.36%
Median
5.45%
Q1
-10.67%
Min
-47.01%

SOLV

Health Care Equipment & Services industry group

3.19%

Max
47.61%
Q3
14.36%
Median
5.45%
SOLV
3.19%
Q1
-10.67%
Min
-47.01%
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Cencora (COR) vs. Solventum (SOLV): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

Both Cencora (COR) at 1.03% and Solventum (SOLV) at 1.91% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

COR

Health Care Equipment & Services industry group

1.03%

Max
29.35%
Q3
9.33%
Median
2.18%
COR
1.03%
Q1
-6.29%
Min
-28.46%

SOLV

Health Care Equipment & Services industry group

1.91%

Max
29.35%
Q3
9.33%
Median
2.18%
SOLV
1.91%
Q1
-6.29%
Min
-28.46%
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Cencora (COR) vs. Solventum (SOLV): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Both Cencora (COR) at 1.27% and Solventum (SOLV) at 6.82% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

COR

Health Care Equipment & Services industry group

1.27%

Max
35.43%
Q3
14.14%
Median
6.81%
COR
1.27%
Q1
-0.28%
Min
-16.29%

SOLV

Health Care Equipment & Services industry group

6.82%

Max
35.43%
Q3
14.14%
SOLV
6.82%
Median
6.81%
Q1
-0.28%
Min
-16.29%
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Cencora (COR) vs. Solventum (SOLV): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Cencora (COR) and Solventum (SOLV)
MetricCORSOLV
ROE (TTM)129.01%3.19%
ROA (TTM)3.57%2.29%
Net Margin (TTM)1.03%1.91%
Operating Margin (TTM)1.27%6.82%
Gross Margin (TTM)4.09%55.13%

Growth

Revenue Growth

Only one side can be read here: Solventum (SOLV) reports revenue growth of 0.86%, ranked against its industry; Cencora (COR) has no revenue growth figure this period.

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Cencora (COR) vs. Solventum (SOLV): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Cencora (COR) at 125.50% and Solventum (SOLV) at 221.74% grew per-share earnings faster than their entire industry benchmark ranges for EPS growth — a strong showing on both sides, though a depressed base year can exaggerate the percentage, so the level of earnings matters too.

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Cencora (COR) vs. Solventum (SOLV): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Cencora (COR) and Solventum (SOLV)
MetricCORSOLV
Revenue Growth (YoY)--0.86%
Revenue Growth (3Y CAGR)--0.79%
EPS Growth (YoY)125.50%221.74%
EPS Growth (3Y CAGR)28.15%4.51%

Financial Strength

Current Ratio (MRQ)

Both Cencora (COR) at 0.94 and Solventum (SOLV) at 1.03 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

COR

Health Care Equipment & Services industry group

0.94

Max
7.59
Q3
4.00
Median
1.98
Q1
1.37
COR
0.94
Min
0.30

SOLV

Health Care Equipment & Services industry group

1.03

Max
7.59
Q3
4.00
Median
1.98
Q1
1.37
SOLV
1.03
Min
0.30
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Cencora (COR) vs. Solventum (SOLV): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Both balance sheets lean debt-heavy versus peers, but COR is more stretched: Solventum (SOLV) at 1.10 sits in the higher-leverage quartile and Cencora (COR) at 3.06 is above its industry benchmark range.

COR

Health Care Equipment & Services industry group

3.06

COR
3.06
Max
1.88
Q3
0.91
Median
0.58
Q1
0.16
Min
0.00

SOLV

Health Care Equipment & Services industry group

1.10

Max
1.88
SOLV
1.10
Q3
0.91
Median
0.58
Q1
0.16
Min
0.00
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Cencora (COR) vs. Solventum (SOLV): A comparison of their debt-to-equity ratio against the Health Care Equipment & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Cencora (COR) and Solventum (SOLV)
MetricCORSOLV
Current Ratio (MRQ)0.941.03
Debt / Equity (MRQ)3.061.10
Net Debt / EBITDA1.124.66

Dividends

Dividend Yield (TTM)

Solventum (SOLV) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Cencora (COR) reports a yield of 0.71%, ranking against industry peers normally.

COR

Health Care Equipment & Services industry group

0.71%

COR
0.71%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

SOLV

Health Care Equipment & Services industry group

0.00%

SOLV
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Cencora (COR) vs. Solventum (SOLV): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Solventum (SOLV) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Cencora (COR) reports a payout of 17.45%, ranking against industry peers normally.

COR

Health Care Equipment & Services industry group

17.45%

COR
17.45%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

SOLV

Health Care Equipment & Services industry group

0.00%

SOLV
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Cencora (COR) vs. Solventum (SOLV): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Cencora (COR) and Solventum (SOLV)
MetricCORSOLV
Dividend Yield (TTM)0.71%0.00%
Dividend Payout Ratio (TTM)17.45%0.00%

Valuation

P/E Ratio (TTM)

Cencora (COR) at 18.58 sits in the cheaper P/E ratio quartile, while Solventum (SOLV) at 101.55 trades above its peer range — a wide earnings-valuation gap relative to industry peers.

COR

Health Care Equipment & Services industry group

18.58

Max
80.41
Q3
47.62
Median
29.93
Q1
21.19
COR
18.58
Min
4.21

SOLV

Health Care Equipment & Services industry group

101.55

SOLV
101.55
Max
80.41
Q3
47.62
Median
29.93
Q1
21.19
Min
4.21
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Cencora (COR) vs. Solventum (SOLV): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

P/S Ratio (TTM)

Cencora (COR) at 0.19 sits in the cheaper P/S ratio quartile while Solventum (SOLV) at 1.88 prices around its industry’s middle — COR costs less per dollar of sales, though read it alongside growth and margins.

COR

Health Care Equipment & Services industry group

0.19

Max
8.80
Q3
4.32
Median
2.13
Q1
1.10
COR
0.19
Min
0.03

SOLV

Health Care Equipment & Services industry group

1.88

Max
8.80
Q3
4.32
Median
2.13
SOLV
1.88
Q1
1.10
Min
0.03
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Cencora (COR) vs. Solventum (SOLV): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

Solventum (SOLV) at 3.20 sits near its industry’s typical P/B ratio, while Cencora (COR) at 17.29 prices above its benchmark range — COR looks rich relative to book.

COR

Health Care Equipment & Services industry group

17.29

COR
17.29
Max
11.68
Q3
6.12
Median
3.00
Q1
1.73
Min
-1.31

SOLV

Health Care Equipment & Services industry group

3.20

Max
11.68
Q3
6.12
SOLV
3.20
Median
3.00
Q1
1.73
Min
-1.31
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Cencora (COR) vs. Solventum (SOLV): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Cencora (COR) and Solventum (SOLV)
MetricCORSOLV
P/E Ratio (TTM)18.58101.55
P/S Ratio (TTM)0.191.88
P/B Ratio (MRQ)17.293.20
Free Cash Flow Yield (TTM)2.81%1.31%