Both in Surgical Instruments

Medline vs Solventum

Over the past year MDLN returned −16.9% and SOLV returned +6.0%; their daily moves had a correlation of 0.28.

MDLN −16.9% SOLV +6.0%Growth of $1, one year, split-adjusted
MetricMDLNSOLV
Price$34.09$84.76
Market cap$29.91B$14.43B
Today+1.37%+0.01%
1 month−4.8%−3.7%
6 months−24.8%+22.8%
Year to date−18.8%+7.0%
1 year—+22.8%
Revenue growth (YoY)—+2.2%
Gross margin28.8%58.2%
Net margin0.8%4.2%
P/E (TTM)—10.1×
Price / sales—1.7×
Net cash-$9.90B-$4.88B
Dividend yield——
Volatility (60d)35.8%22.6%
Short % of float13.2%3.4%
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).