Both in Surgical Instruments

ResMed vs Solventum

Over the past year RMD returned −6.4% and SOLV returned +24.1%; their daily moves had a correlation of 0.43.

RMD −6.4% SOLV +24.1%Growth of $1, one year, split-adjusted
MetricRMDSOLV
Price$233.09$84.54
Market cap$32.79B$14.39B
Today+1.37%+3.95%
1 month+6.5%−3.8%
6 months+11.3%+25.4%
Year to date−3.2%+6.7%
1 year−7.6%+22.0%
Revenue growth (YoY)+5.9%+2.2%
Gross margin61.5%58.2%
Net margin29.6%4.2%
P/E (TTM)20.6×10.0×
Price / sales5.7×1.7×
Net cash$601.1M-$4.88B
Dividend yield1.13%—
Volatility (60d)31.2%23.0%
Short % of float8.5%3.4%
Next earnings——

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