Yield Theory

Health Care stock comparison

RMD vs SOLV: which business are you actually underwriting?

Compare ResMed Inc. with Solventum Corporation using their business models, SEC classifications, fiscal calendars, current primary filings, and the research questions that matter. This is a thesis framework—not a price target or automatic winner.
Sector
Health
Industry
Same SIC
Shared themes
0
Updated
2026-08-13

RMD vs SOLV: quick comparison

Company factRMDSOLV
CompanyResMed Inc.Solventum Corporation
ExchangeNYSENYSE
SEC industrySurgical & Medical Instruments & ApparatusSurgical & Medical Instruments & Apparatus
Fiscal year-endJune 30December 31
Latest annual filing10-K · 2026-08-1310-K · 2026-02-27

RMD vs SOLV: audited financials

SOLV reported about 1.6× the revenue of RMD in the latest audited fiscal year. On profitability, RMD converted a larger share of revenue into net income (27.2% versus 18.7%). Scale and margin are starting facts for the thesis, not the verdict.

MetricRMDSOLV
Revenue$5.1B$8.3B
Net income$1.4B$1.6B
Operating cash flow$1.8B$369M
Diluted EPS$9.51$8.88
Net margin27.2%18.7%

RMD: FY ending 2025-06-30 · SOLV: FY ending 2025-12-31. Figures as tagged in each issuer's SEC XBRL filing; fiscal calendars may not align.

How the businesses differ

Why this pair belongs in the comparison set

RMD and SOLV share the SEC industry classification “Surgical & Medical Instruments & Apparatus,” giving the comparison a primary-source operating relationship. A shared classification or theme makes the pair useful for a defined research question; it does not mean the companies have identical products, economics, or risks.

ResMed Inc. (RMD)

ResMed makes devices and software for sleep apnea, respiratory care, and out-of-hospital health management.

Solventum Corporation (SOLV)

Solventum makes medical products spanning wound care, dental solutions, and health-information systems.

The useful starting point is not which ticker has performed better. It is whether the two companies convert the same economic forces into revenue and cash flow in the same way. RMD is classified by the SEC as Surgical & Medical Instruments & Apparatus, while SOLV is classified as Surgical & Medical Instruments & Apparatus. The matching industry code strengthens the peer comparison, although product mix can still differ materially.

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The thesis, the numbers behind it, and what would break it. Full access is $15 a month.

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Which thesis does each company fit?

Use the distinction below to decide which filing deserves deeper work. It is a research routing rule, not a recommendation or prediction.

Study RMD when…

  • Drug approvals and clinical-trial readouts
  • Medicare and drug-pricing policy
  • Demographics and an aging population
  • GLP-1 and obesity-drug demand

Study SOLV when…

  • Drug approvals and clinical-trial readouts
  • Medicare and drug-pricing policy
  • Demographics and an aging population
  • GLP-1 and obesity-drug demand

Shared research themes

Surgical & Medical Instruments & Apparatus (SEC industry)

SEC filing comparison and disclosure evidence

Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable.RMD's fiscal year ends June 30, while SOLV's ends December 31. Normalize the reporting periods before comparing growth, margins, capital intensity, or guidance.

The current verified House and Senate snapshot contains 8matched transaction rows for RMDand 5 for SOLV. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.

What this comparison cannot tell you

This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.

A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.

RMD vs SOLV FAQs

Are RMD and SOLV direct competitors?

ResMed Inc. and Solventum Corporation share the SEC industry classification “Surgical & Medical Instruments & Apparatus.” That makes the operating comparison relevant, but it does not prove that every product, customer, or revenue stream competes directly.

Which is better, RMD or SOLV?

There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.

Does this RMD vs SOLV comparison include live prices?

No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers ResMed Inc. and Solventum Corporation tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.

Where does the company information come from?

Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-09-25. Business summaries and research themes are maintained by Yield Theory.

Data snapshot: SEC EDGAR submissions API, refreshed 2026-09-25. Independent educational research; not investment advice.

A comparison is the setup. The thesis is the call.

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