Seek Returns

SOLV vs. STE: Solventum vs. STERIS Stock Comparison

How do Solventum (SOLV) and STERIS (STE) 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

Solventum (SOLV) and STERIS (STE) both belong to the Health Care Equipment & Supplies industry, though SOLV is classified under Health Care Supplies while STE falls under Health Care Equipment.

STERIS (STE) carries decades of public-market history since June 1, 1992, while Solventum (SOLV) listed on March 26, 2024 — long-window comparisons have far more historical data on the STE side.

Company profile comparison for Solventum (SOLV) and STERIS (STE)
Profile ItemSOLVSTE
NameSolventum CorporationSTERIS plc
Country/RegionUnited StatesUnited States
GICS SectorHealth CareHealth Care
GICS Industry GroupHealth Care Equipment & ServicesHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & SuppliesHealth Care Equipment & Supplies
GICS Sub-IndustryHealth Care SuppliesHealth Care Equipment
Market Capitalization15.36 billion USD24.50 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 26, 2024June 1, 1992
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

SOLV
STE
GSPC
Loading price history…
Solventum (SOLV) vs. STERIS (STE), 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

Loading price history…
Trailing total returns for Solventum (SOLV) and STERIS (STE). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Solventum (SOLV) and STERIS (STE). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Solventum (SOLV) and STERIS (STE)
MetricSOLVSTE
Total Return (1Y)25.89%-1.85%
Total Return (3Y, Annualized)--9.57%
Total Return (5Y, Annualized)--3.26%

Risk Profile

Drawdown History

SOLV
STE
GSPC
Loading price history…
Solventum (SOLV) vs. STERIS (STE), 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

Loading price history…
Distribution of monthly total returns for Solventum (SOLV) and STERIS (STE). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Solventum (SOLV) and STERIS (STE)
MetricSOLVSTE
Volatility (1Y, Annualized)30.06%26.39%
Beta (5Y)0.620.81
Max Drawdown (5Y)-39.98%-36.18%
Avg. Volume (3M)1.05M694.02K

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
SOLV and STE 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 Solventum (SOLV) and STERIS (STE)
MetricSOLVSTE
Sharpe Ratio (1Y)0.72-0.23
Sortino Ratio (1Y)1.08-0.34

Profitability

ROE (TTM)

Both Solventum (SOLV) at 3.19% and STERIS (STE) at 11.61% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

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%

STE

Health Care Equipment & Services industry group

11.61%

Max
47.61%
Q3
14.36%
STE
11.61%
Median
5.45%
Q1
-10.67%
Min
-47.01%
Loading chart…
Solventum (SOLV) vs. STERIS (STE): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

STERIS (STE) at 13.41% retains a top-quartile share of revenue as profit, ahead of Solventum (SOLV) at 1.91%, which keeps about the industry-typical share.

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%

STE

Health Care Equipment & Services industry group

13.41%

Max
29.35%
STE
13.41%
Q3
9.33%
Median
2.18%
Q1
-6.29%
Min
-28.46%
Loading chart…
Solventum (SOLV) vs. STERIS (STE): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

STERIS (STE) at 19.18% operates in the top operating margin quartile, ahead of Solventum (SOLV) at 6.82%, which runs around its industry’s norm.

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%

STE

Health Care Equipment & Services industry group

19.18%

Max
35.43%
STE
19.18%
Q3
14.14%
Median
6.81%
Q1
-0.28%
Min
-16.29%
Loading chart…
Solventum (SOLV) vs. STERIS (STE): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Solventum (SOLV) and STERIS (STE)
MetricSOLVSTE
ROE (TTM)3.19%11.61%
ROA (TTM)2.29%7.00%
Net Margin (TTM)1.91%13.41%
Operating Margin (TTM)6.82%19.18%
Gross Margin (TTM)55.13%44.30%

Growth

Revenue Growth

STERIS (STE) at 8.73% 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.

Loading chart…
Solventum (SOLV) vs. STERIS (STE): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both companies show strong earnings momentum, but Solventum (SOLV) at 221.74% is the standout with EPS growth above its industry range; STERIS (STE) at 27.90% also sits in the top quartile.

Loading chart…
Solventum (SOLV) vs. STERIS (STE): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Solventum (SOLV) and STERIS (STE)
MetricSOLVSTE
Revenue Growth (YoY)0.86%8.73%
Revenue Growth (3Y CAGR)0.79%9.38%
EPS Growth (YoY)221.74%27.90%
EPS Growth (3Y CAGR)4.51%94.97%

Financial Strength

Current Ratio (MRQ)

STERIS (STE) at 2.05 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.

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

STE

Health Care Equipment & Services industry group

2.05

Max
7.59
Q3
4.00
STE
2.05
Median
1.98
Q1
1.37
Min
0.30
Loading chart…
Solventum (SOLV) vs. STERIS (STE): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

STERIS (STE) at 0.28 carries an industry-typical debt-to-equity mix, while Solventum (SOLV) at 1.10 uses more debt funding than most peers.

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

STE

Health Care Equipment & Services industry group

0.28

Max
1.88
Q3
0.91
Median
0.58
STE
0.28
Q1
0.16
Min
0.00
Loading chart…
Solventum (SOLV) vs. STERIS (STE): A comparison of their debt-to-equity ratio against the Health Care Equipment & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Solventum (SOLV) and STERIS (STE)
MetricSOLVSTE
Current Ratio (MRQ)1.032.05
Debt / Equity (MRQ)1.100.28
Net Debt / EBITDA4.660.91

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 STERIS (STE) reports a yield of 1.02%, ranking against industry peers normally.

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%

STE

Health Care Equipment & Services industry group

1.02%

STE
1.02%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
Solventum (SOLV) vs. STERIS (STE): 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 STERIS (STE) reports a payout of 30.61%, ranking against industry peers normally.

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%

STE

Health Care Equipment & Services industry group

30.61%

STE
30.61%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
Solventum (SOLV) vs. STERIS (STE): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Solventum (SOLV) and STERIS (STE)
MetricSOLVSTE
Dividend Yield (TTM)0.00%1.02%
Dividend Payout Ratio (TTM)0.00%30.61%

Valuation

P/E Ratio (TTM)

STERIS (STE) at 29.93 is near its industry’s usual P/E ratio, while Solventum (SOLV) at 101.55 sits above its peer range — an unusually expensive price for SOLV’s trailing earnings.

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

STE

Health Care Equipment & Services industry group

29.93

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

P/S Ratio (TTM)

On P/S ratio, both Solventum (SOLV) at 1.88 and STERIS (STE) at 3.97 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

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

STE

Health Care Equipment & Services industry group

3.97

Max
8.80
Q3
4.32
STE
3.97
Median
2.13
Q1
1.10
Min
0.03
Loading chart…
Solventum (SOLV) vs. STERIS (STE): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Solventum (SOLV) at 3.20 and STERIS (STE) at 3.38 are valued close to their industries’ norm against book — neither stands out from peers.

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

STE

Health Care Equipment & Services industry group

3.38

Max
11.68
Q3
6.12
STE
3.38
Median
3.00
Q1
1.73
Min
-1.31
Loading chart…
Solventum (SOLV) vs. STERIS (STE): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Solventum (SOLV) and STERIS (STE)
MetricSOLVSTE
P/E Ratio (TTM)101.5529.93
P/S Ratio (TTM)1.883.97
P/B Ratio (MRQ)3.203.38
Free Cash Flow Yield (TTM)1.31%3.36%