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Side-by-side financial comparison of Everus Construction Group, Inc. (ECG) and Solventum (SOLV). Click either name above to swap in a different company.

Solventum is the larger business by last-quarter revenue ($2.0B vs $1.0B, roughly 2.0× Everus Construction Group, Inc.). Everus Construction Group, Inc. runs the higher net margin — 5.5% vs 0.6%, a 4.8% gap on every dollar of revenue. On growth, Everus Construction Group, Inc. posted the faster year-over-year revenue change (33.2% vs -3.0%). Everus Construction Group, Inc. produced more free cash flow last quarter ($23.5M vs $-273.0M). Over the past eight quarters, Everus Construction Group, Inc.'s revenue compounded faster (27.1% CAGR vs -1.8%).

ECG vs SOLV — Head-to-Head

Bigger by revenue
SOLV
SOLV
2.0× larger
SOLV
$2.0B
$1.0B
ECG
Growing faster (revenue YoY)
ECG
ECG
+36.2% gap
ECG
33.2%
-3.0%
SOLV
Higher net margin
ECG
ECG
4.8% more per $
ECG
5.5%
0.6%
SOLV
More free cash flow
ECG
ECG
$296.5M more FCF
ECG
$23.5M
$-273.0M
SOLV
Faster 2-yr revenue CAGR
ECG
ECG
Annualised
ECG
27.1%
-1.8%
SOLV

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ECG
ECG
SOLV
SOLV
Revenue
$1.0B
$2.0B
Net Profit
$55.3M
$13.0M
Gross Margin
11.6%
54.7%
Operating Margin
6.8%
4.0%
Net Margin
5.5%
0.6%
Revenue YoY
33.2%
-3.0%
Net Profit YoY
60.4%
EPS (diluted)
$1.09
$0.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ECG
ECG
SOLV
SOLV
Q1 26
$2.0B
Q4 25
$1.0B
$2.0B
Q3 25
$986.8M
$2.1B
Q2 25
$921.5M
$2.2B
Q1 25
$826.6M
$2.1B
Q4 24
$759.6M
$2.1B
Q3 24
$761.0M
$2.1B
Q2 24
$703.4M
$2.1B
Net Profit
ECG
ECG
SOLV
SOLV
Q1 26
$13.0M
Q4 25
$55.3M
$63.0M
Q3 25
$57.0M
$1.3B
Q2 25
$52.8M
$90.0M
Q1 25
$36.7M
$137.0M
Q4 24
$34.5M
$31.0M
Q3 24
$41.8M
$122.0M
Q2 24
$39.0M
$89.0M
Gross Margin
ECG
ECG
SOLV
SOLV
Q1 26
54.7%
Q4 25
11.6%
51.4%
Q3 25
12.6%
54.2%
Q2 25
13.0%
54.4%
Q1 25
11.2%
53.8%
Q4 24
11.4%
53.9%
Q3 24
11.8%
56.0%
Q2 24
12.6%
54.6%
Operating Margin
ECG
ECG
SOLV
SOLV
Q1 26
4.0%
Q4 25
6.8%
6.3%
Q3 25
7.3%
80.6%
Q2 25
7.9%
9.9%
Q1 25
6.2%
7.3%
Q4 24
6.1%
6.6%
Q3 24
7.1%
13.2%
Q2 24
7.3%
11.7%
Net Margin
ECG
ECG
SOLV
SOLV
Q1 26
0.6%
Q4 25
5.5%
3.2%
Q3 25
5.8%
60.4%
Q2 25
5.7%
4.2%
Q1 25
4.4%
6.6%
Q4 24
4.5%
1.5%
Q3 24
5.5%
5.9%
Q2 24
5.5%
4.3%
EPS (diluted)
ECG
ECG
SOLV
SOLV
Q1 26
$0.07
Q4 25
$1.09
$0.37
Q3 25
$1.11
$7.22
Q2 25
$1.03
$0.51
Q1 25
$0.72
$0.78
Q4 24
$0.68
$0.18
Q3 24
$0.82
$0.70
Q2 24
$0.76
$0.51

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ECG
ECG
SOLV
SOLV
Cash + ST InvestmentsLiquidity on hand
$561.0M
Total DebtLower is stronger
$281.5M
$4.6B
Stockholders' EquityBook value
$629.8M
$5.0B
Total Assets
$1.7B
$14.1B
Debt / EquityLower = less leverage
0.45×
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ECG
ECG
SOLV
SOLV
Q1 26
$561.0M
Q4 25
$878.0M
Q3 25
$1.6B
Q2 25
$492.0M
Q1 25
$534.0M
Q4 24
$762.0M
Q3 24
$553.0K
$772.0M
Q2 24
$897.0M
Total Debt
ECG
ECG
SOLV
SOLV
Q1 26
$4.6B
Q4 25
$281.5M
$5.0B
Q3 25
$285.1M
$5.1B
Q2 25
$288.6M
$7.8B
Q1 25
$292.1M
$7.9B
Q4 24
$295.6M
$8.0B
Q3 24
$8.1B
Q2 24
$8.3B
Stockholders' Equity
ECG
ECG
SOLV
SOLV
Q1 26
$5.0B
Q4 25
$629.8M
$5.0B
Q3 25
$573.0M
$5.0B
Q2 25
$514.4M
$3.6B
Q1 25
$460.2M
$3.3B
Q4 24
$422.6M
$3.0B
Q3 24
$453.3M
$3.2B
Q2 24
$490.0M
$2.9B
Total Assets
ECG
ECG
SOLV
SOLV
Q1 26
$14.1B
Q4 25
$1.7B
$14.3B
Q3 25
$1.6B
$14.0B
Q2 25
$1.5B
$15.1B
Q1 25
$1.4B
$14.5B
Q4 24
$1.3B
$14.5B
Q3 24
$1.3B
$14.7B
Q2 24
$14.6B
Debt / Equity
ECG
ECG
SOLV
SOLV
Q1 26
0.92×
Q4 25
0.45×
1.00×
Q3 25
0.50×
1.03×
Q2 25
0.56×
2.14×
Q1 25
0.63×
2.43×
Q4 24
0.70×
2.71×
Q3 24
2.54×
Q2 24
2.90×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ECG
ECG
SOLV
SOLV
Operating Cash FlowLast quarter
$48.2M
Free Cash FlowOCF − Capex
$23.5M
$-273.0M
FCF MarginFCF / Revenue
2.3%
-13.6%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
0.87×
TTM Free Cash FlowTrailing 4 quarters
$90.0M
$-203.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ECG
ECG
SOLV
SOLV
Q1 26
Q4 25
$48.2M
$95.0M
Q3 25
$76.2M
$76.0M
Q2 25
$25.3M
$169.0M
Q1 25
$7.1M
$29.0M
Q4 24
$219.0M
Q3 24
$78.9M
$169.0M
Q2 24
$355.0M
Free Cash Flow
ECG
ECG
SOLV
SOLV
Q1 26
$-273.0M
Q4 25
$23.5M
$32.0M
Q3 25
$65.7M
$-21.0M
Q2 25
$12.3M
$59.0M
Q1 25
$-11.4M
$-80.0M
Q4 24
$92.0M
Q3 24
$60.9M
$76.0M
Q2 24
$297.0M
FCF Margin
ECG
ECG
SOLV
SOLV
Q1 26
-13.6%
Q4 25
2.3%
1.6%
Q3 25
6.7%
-1.0%
Q2 25
1.3%
2.7%
Q1 25
-1.4%
-3.9%
Q4 24
4.4%
Q3 24
8.0%
3.7%
Q2 24
14.3%
Capex Intensity
ECG
ECG
SOLV
SOLV
Q1 26
Q4 25
2.4%
3.2%
Q3 25
1.1%
4.6%
Q2 25
1.4%
5.1%
Q1 25
2.2%
5.3%
Q4 24
6.1%
Q3 24
2.4%
4.5%
Q2 24
2.8%
Cash Conversion
ECG
ECG
SOLV
SOLV
Q1 26
Q4 25
0.87×
1.51×
Q3 25
1.34×
0.06×
Q2 25
0.48×
1.88×
Q1 25
0.19×
0.21×
Q4 24
7.06×
Q3 24
1.89×
1.39×
Q2 24
3.99×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ECG
ECG

Commercial$594.5M59%
Utility$203.5M20%
Industrial$82.8M8%
Institutional$66.1M7%
Service And Other$28.4M3%
Transportation$24.2M2%
Renewables$19.8M2%

SOLV
SOLV

Infection Prevention and Surgical Solutions$737.0M37%
Advanced Wound Care$497.0M25%
Dental Solutions$354.0M18%
Health Information Systems$342.0M17%
All Other 4$76.0M4%

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