DVA vs. SOLV: DaVita vs. Solventum Stock Comparison

November 11, 2026

How do DaVita (DVA) 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

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

DaVita (DVA) carries decades of public-market history since October 31, 1995, while Solventum (SOLV) listed on March 26, 2024 — long-window comparisons have far more historical data on the DVA side.

Company profile comparison for DaVita (DVA) and Solventum (SOLV)
Profile Item	DVA	SOLV
Name	DaVita Inc.	Solventum Corporation
Country/Region	United States	United States
GICS Sector	Health Care	Health Care
GICS Industry Group	Health Care Equipment & Services	Health Care Equipment & Services
GICS Industry	Health Care Providers & Services	Health Care Equipment & Supplies
GICS Sub-Industry	Health Care Services	Health Care Supplies
Market Capitalization	12.04 billion USD	15.36 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	October 31, 1995	March 26, 2024
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

DVA

SOLV

GSPC

DaVita (DVA) 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 DaVita (DVA) and Solventum (SOLV). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for DaVita (DVA) and Solventum (SOLV)
Metric	DVA	SOLV
Total Return (1Y)	51.64%	25.89%
Total Return (3Y, Annualized)	30.54%	--
Total Return (5Y, Annualized)	11.92%	--

Risk Profile

Drawdown History

DVA

SOLV

GSPC

DaVita (DVA) 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 DaVita (DVA) and Solventum (SOLV). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for DaVita (DVA) and Solventum (SOLV)
Metric	DVA	SOLV
Volatility (1Y, Annualized)	46.86%	30.06%
Beta (5Y)	0.85	0.62
Max Drawdown (5Y)	-46.98%	-39.98%
Avg. Volume (3M)	713.76K	1.05M

Risk-Adjusted Performance

Risk-Return Positioning

DVA 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 DaVita (DVA) and Solventum (SOLV)
Metric	DVA	SOLV
Sharpe Ratio (1Y)	1.01	0.72
Sortino Ratio (1Y)	1.78	1.08

Profitability

ROE (TTM)

DaVita (DVA) at 96.79% 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.

DVA

Health Care Equipment & Services industry group

96.79%

DVA: 96.79%
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%

DaVita (DVA) vs. Solventum (SOLV): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

Both DaVita (DVA) at 6.49% 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.

DVA

Health Care Equipment & Services industry group

6.49%

Max: 29.35%
Q3: 9.33%
DVA: 6.49%
Median: 2.18%
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%

DaVita (DVA) vs. Solventum (SOLV): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

DaVita (DVA) at 15.46% operates in the top operating margin quartile, ahead of Solventum (SOLV) at 6.82%, which runs around its industry’s norm.

DVA

Health Care Equipment & Services industry group

15.46%

Max: 35.43%
DVA: 15.46%
Q3: 14.14%
Median: 6.81%
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%

DaVita (DVA) vs. Solventum (SOLV): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for DaVita (DVA) and Solventum (SOLV)
Metric	DVA	SOLV
ROE (TTM)	96.79%	3.19%
ROA (TTM)	7.59%	2.29%
Net Margin (TTM)	6.49%	1.91%
Operating Margin (TTM)	15.46%	6.82%
Gross Margin (TTM)	32.28%	55.13%

Growth

Revenue Growth

DaVita (DVA) at 6.46% is around its peer norm for revenue growth, while Solventum (SOLV) at 0.86% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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

EPS Growth

Solventum (SOLV) at 221.74% clears its industry range for EPS growth, a much stronger earnings trajectory than DaVita (DVA) at -8.29%, which is closer to a typical peer reading.

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

Growth Metrics

Growth metrics for DaVita (DVA) and Solventum (SOLV)
Metric	DVA	SOLV
Revenue Growth (YoY)	6.46%	0.86%
Revenue Growth (3Y CAGR)	5.53%	0.79%
EPS Growth (YoY)	-8.29%	221.74%
EPS Growth (3Y CAGR)	18.93%	4.51%

Financial Strength

Current Ratio (MRQ)

DaVita (DVA) at 1.41 keeps current ratio within its industry’s typical mid-range, while Solventum (SOLV) at 1.03 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for SOLV.

DVA

Health Care Equipment & Services industry group

1.41

Max: 7.59
Q3: 4.00
Median: 1.98
DVA: 1.41
Q1: 1.37
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

DaVita (DVA) 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 DVA is more stretched: Solventum (SOLV) at 1.10 sits in the higher-leverage quartile and DaVita (DVA) at 11.90 is above its industry benchmark range.

DVA

Health Care Equipment & Services industry group

11.90

DVA: 11.90
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

DaVita (DVA) 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 DaVita (DVA) and Solventum (SOLV)
Metric	DVA	SOLV
Current Ratio (MRQ)	1.41	1.03
Debt / Equity (MRQ)	11.90	1.10
Net Debt / EBITDA	4.51	4.66

Dividends

Dividend Yield (TTM)

Neither DaVita (DVA) nor Solventum (SOLV) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

DVA

Health Care Equipment & Services industry group

0.00%

DVA: 0.00%
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%

DaVita (DVA) vs. Solventum (SOLV): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Neither DaVita (DVA) nor Solventum (SOLV) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

DVA

Health Care Equipment & Services industry group

0.00%

DVA: 0.00%
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%

DaVita (DVA) vs. Solventum (SOLV): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for DaVita (DVA) and Solventum (SOLV)
Metric	DVA	SOLV
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

DaVita (DVA) at 14.49 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.

DVA

Health Care Equipment & Services industry group

14.49

Max: 80.41
Q3: 47.62
Median: 29.93
Q1: 21.19
DVA: 14.49
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

DaVita (DVA) vs. Solventum (SOLV): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

P/S Ratio (TTM)

DaVita (DVA) at 0.85 sits in the cheaper P/S ratio quartile while Solventum (SOLV) at 1.88 prices around its industry’s middle — DVA costs less per dollar of sales, though read it alongside growth and margins.

DVA

Health Care Equipment & Services industry group

0.85

Max: 8.80
Q3: 4.32
Median: 2.13
Q1: 1.10
DVA: 0.85
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

DaVita (DVA) vs. Solventum (SOLV): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

DaVita (DVA) reports a negative P/B ratio of -20.52, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Solventum (SOLV) reports 3.20, ranking against industry peers normally.

DVA

Health Care Equipment & Services industry group

-20.52

Max: 11.68
Q3: 6.12
Median: 3.00
Q1: 1.73
Min: -1.31
DVA: -20.52

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

DaVita (DVA) vs. Solventum (SOLV): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for DaVita (DVA) and Solventum (SOLV)
Metric	DVA	SOLV
P/E Ratio (TTM)	14.49	101.55
P/S Ratio (TTM)	0.85	1.88
P/B Ratio (MRQ)	-20.52	3.20
Free Cash Flow Yield (TTM)	7.52%	1.31%