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Side-by-side financial comparison of Permian Resources Corp (PR) 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 $1.2B, roughly 1.7× Permian Resources Corp). Permian Resources Corp runs the higher net margin — 29.0% vs 3.2%, a 25.9% gap on every dollar of revenue. On growth, Solventum posted the faster year-over-year revenue change (-3.7% vs -9.8%). Over the past eight quarters, Solventum's revenue compounded faster (-0.4% CAGR vs -3.0%).

Pioneer Natural Resources Company, headquartered in Irving, Texas, was a company engaged in hydrocarbon exploration. It operated in the Cline Shale, which is part of the Spraberry Trend of the Permian Basin, where the company was the largest acreage holder. In May 2024, the company was acquired by ExxonMobil.

Solventum Corporation is an American health care company that was spun off from 3M on April 1, 2024.

PR vs SOLV — Head-to-Head

Bigger by revenue
SOLV
SOLV
1.7× larger
SOLV
$2.0B
$1.2B
PR
Growing faster (revenue YoY)
SOLV
SOLV
+6.1% gap
SOLV
-3.7%
-9.8%
PR
Higher net margin
PR
PR
25.9% more per $
PR
29.0%
3.2%
SOLV
Faster 2-yr revenue CAGR
SOLV
SOLV
Annualised
SOLV
-0.4%
-3.0%
PR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PR
PR
SOLV
SOLV
Revenue
$1.2B
$2.0B
Net Profit
$339.5M
$63.0M
Gross Margin
51.4%
Operating Margin
23.1%
6.3%
Net Margin
29.0%
3.2%
Revenue YoY
-9.8%
-3.7%
Net Profit YoY
56.7%
103.2%
EPS (diluted)
$0.48
$0.37

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
PR
PR
SOLV
SOLV
Q4 25
$1.2B
$2.0B
Q3 25
$1.3B
$2.1B
Q2 25
$1.2B
$2.2B
Q1 25
$1.4B
$2.1B
Q4 24
$1.3B
$2.1B
Q3 24
$1.2B
$2.1B
Q2 24
$1.2B
$2.1B
Q1 24
$1.2B
$2.0B
Net Profit
PR
PR
SOLV
SOLV
Q4 25
$339.5M
$63.0M
Q3 25
$59.2M
$1.3B
Q2 25
$207.1M
$90.0M
Q1 25
$329.3M
$137.0M
Q4 24
$216.7M
$31.0M
Q3 24
$386.4M
$122.0M
Q2 24
$235.1M
$89.0M
Q1 24
$146.6M
$237.0M
Gross Margin
PR
PR
SOLV
SOLV
Q4 25
51.4%
Q3 25
54.2%
Q2 25
54.4%
Q1 25
53.8%
Q4 24
53.9%
Q3 24
56.0%
Q2 24
54.6%
Q1 24
58.1%
Operating Margin
PR
PR
SOLV
SOLV
Q4 25
23.1%
6.3%
Q3 25
29.6%
80.6%
Q2 25
24.8%
9.9%
Q1 25
36.6%
7.3%
Q4 24
32.8%
6.6%
Q3 24
32.5%
13.2%
Q2 24
36.5%
11.7%
Q1 24
37.7%
18.9%
Net Margin
PR
PR
SOLV
SOLV
Q4 25
29.0%
3.2%
Q3 25
4.5%
60.4%
Q2 25
17.3%
4.2%
Q1 25
23.9%
6.6%
Q4 24
16.7%
1.5%
Q3 24
31.8%
5.9%
Q2 24
18.9%
4.3%
Q1 24
11.8%
11.8%
EPS (diluted)
PR
PR
SOLV
SOLV
Q4 25
$0.48
$0.37
Q3 25
$0.08
$7.22
Q2 25
$0.28
$0.51
Q1 25
$0.44
$0.78
Q4 24
$0.31
$0.18
Q3 24
$0.53
$0.70
Q2 24
$0.36
$0.51
Q1 24
$0.25
$1.37

Balance Sheet & Financial Strength

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

Metric
PR
PR
SOLV
SOLV
Cash + ST InvestmentsLiquidity on hand
$153.7M
$878.0M
Total DebtLower is stronger
$3.5B
$5.0B
Stockholders' EquityBook value
$10.3B
$5.0B
Total Assets
$17.9B
$14.3B
Debt / EquityLower = less leverage
0.34×
1.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PR
PR
SOLV
SOLV
Q4 25
$153.7M
$878.0M
Q3 25
$111.8M
$1.6B
Q2 25
$451.0M
$492.0M
Q1 25
$702.2M
$534.0M
Q4 24
$479.3M
$762.0M
Q3 24
$272.0M
$772.0M
Q2 24
$47.8M
$897.0M
Q1 24
$12.7M
$996.0M
Total Debt
PR
PR
SOLV
SOLV
Q4 25
$3.5B
$5.0B
Q3 25
$3.5B
$5.1B
Q2 25
$4.0B
$7.8B
Q1 25
$4.0B
$7.9B
Q4 24
$4.2B
$8.0B
Q3 24
$4.2B
$8.1B
Q2 24
$3.9B
$8.3B
Q1 24
$3.9B
$8.3B
Stockholders' Equity
PR
PR
SOLV
SOLV
Q4 25
$10.3B
$5.0B
Q3 25
$10.0B
$5.0B
Q2 25
$9.5B
$3.6B
Q1 25
$9.4B
$3.3B
Q4 24
$9.1B
$3.0B
Q3 24
$9.0B
$3.2B
Q2 24
$8.3B
$2.9B
Q1 24
$7.0B
$3.9B
Total Assets
PR
PR
SOLV
SOLV
Q4 25
$17.9B
$14.3B
Q3 25
$17.3B
$14.0B
Q2 25
$17.5B
$15.1B
Q1 25
$17.1B
$14.5B
Q4 24
$16.9B
$14.5B
Q3 24
$16.6B
$14.7B
Q2 24
$15.4B
$14.6B
Q1 24
$15.1B
$14.7B
Debt / Equity
PR
PR
SOLV
SOLV
Q4 25
0.34×
1.00×
Q3 25
0.35×
1.03×
Q2 25
0.42×
2.14×
Q1 25
0.43×
2.43×
Q4 24
0.46×
2.71×
Q3 24
0.47×
2.54×
Q2 24
0.46×
2.90×
Q1 24
0.56×
2.16×

Cash Flow & Capital Efficiency

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

Metric
PR
PR
SOLV
SOLV
Operating Cash FlowLast quarter
$904.3M
$95.0M
Free Cash FlowOCF − Capex
$32.0M
FCF MarginFCF / Revenue
1.6%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
2.66×
1.51×
TTM Free Cash FlowTrailing 4 quarters
$-10.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PR
PR
SOLV
SOLV
Q4 25
$904.3M
$95.0M
Q3 25
$766.5M
$76.0M
Q2 25
$1.0B
$169.0M
Q1 25
$898.0M
$29.0M
Q4 24
$871.6M
$219.0M
Q3 24
$954.4M
$169.0M
Q2 24
$938.4M
$355.0M
Q1 24
$647.6M
$442.0M
Free Cash Flow
PR
PR
SOLV
SOLV
Q4 25
$32.0M
Q3 25
$-21.0M
Q2 25
$59.0M
Q1 25
$-80.0M
Q4 24
$92.0M
Q3 24
$76.0M
Q2 24
$297.0M
Q1 24
$340.0M
FCF Margin
PR
PR
SOLV
SOLV
Q4 25
1.6%
Q3 25
-1.0%
Q2 25
2.7%
Q1 25
-3.9%
Q4 24
4.4%
Q3 24
3.7%
Q2 24
14.3%
Q1 24
16.9%
Capex Intensity
PR
PR
SOLV
SOLV
Q4 25
3.2%
Q3 25
4.6%
Q2 25
5.1%
Q1 25
5.3%
Q4 24
6.1%
Q3 24
4.5%
Q2 24
2.8%
Q1 24
5.1%
Cash Conversion
PR
PR
SOLV
SOLV
Q4 25
2.66×
1.51×
Q3 25
12.94×
0.06×
Q2 25
5.01×
1.88×
Q1 25
2.73×
0.21×
Q4 24
4.02×
7.06×
Q3 24
2.47×
1.39×
Q2 24
3.99×
3.99×
Q1 24
4.42×
1.86×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PR
PR

Crude Oil$1.0B87%
Natural Gas Liquids Reserves$145.1M12%

SOLV
SOLV

Infection Prevention And Surgical Solutions$752.0M38%
Cost Of Software And Rentals$508.0M25%
Health Information Systems Segment$347.0M17%
Dental Solutions Segment$343.0M17%
Related Party$14.0M1%

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