Both in Surgical Instruments

3M vs Solventum

Over the past year MMM returned +2.3% and SOLV returned +13.6%; their daily moves had a correlation of 0.27.

MMM +2.3% SOLV +13.6%Growth of $1, one year, split-adjusted
MetricMMMSOLV
Price$172.30$81.75
Market cap$88.86B$13.92B
Today+0.42%−1.48%
1 month+2.3%−8.5%
6 months+19.8%+23.0%
Year to date+7.6%+3.2%
1 year+2.3%+13.6%
Revenue growth (YoY)+1.0%+2.2%
Gross margin42.3%58.2%
Net margin20.9%4.2%
P/E (TTM)25.1×9.7×
Price / sales3.5×1.7×
Net cash-$9.85B-$4.88B
Dividend yield1.81%—
Volatility (60d)21.0%23.2%
Short % of float1.9%3.4%
Next earnings——

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