vs

Side-by-side financial comparison of StoneX Group Inc. (SNEX) 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× StoneX Group Inc.). StoneX Group Inc. runs the higher net margin — 11.6% vs 3.2%, a 8.4% gap on every dollar of revenue. On growth, StoneX Group Inc. posted the faster year-over-year revenue change (81.0% vs -3.7%). Solventum produced more free cash flow last quarter ($32.0M vs $-1.3B). Over the past eight quarters, StoneX Group Inc.'s revenue compounded faster (53.5% CAGR vs -0.4%).

StoneX Group Inc. is an American financial services company. The company operates in six areas: commercial hedging, global payments, securities, physical commodities, foreign exchange and clearing and execution services (CES).

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

SNEX vs SOLV — Head-to-Head

Bigger by revenue
SOLV
SOLV
1.7× larger
SOLV
$2.0B
$1.2B
SNEX
Growing faster (revenue YoY)
SNEX
SNEX
+84.8% gap
SNEX
81.0%
-3.7%
SOLV
Higher net margin
SNEX
SNEX
8.4% more per $
SNEX
11.6%
3.2%
SOLV
More free cash flow
SOLV
SOLV
$1.3B more FCF
SOLV
$32.0M
$-1.3B
SNEX
Faster 2-yr revenue CAGR
SNEX
SNEX
Annualised
SNEX
53.5%
-0.4%
SOLV

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
SNEX
SNEX
SOLV
SOLV
Revenue
$1.2B
$2.0B
Net Profit
$139.0M
$63.0M
Gross Margin
51.4%
Operating Margin
15.4%
6.3%
Net Margin
11.6%
3.2%
Revenue YoY
81.0%
-3.7%
Net Profit YoY
63.3%
103.2%
EPS (diluted)
$2.50
$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
SNEX
SNEX
SOLV
SOLV
Q4 25
$1.2B
$2.0B
Q3 25
$32.7B
$2.1B
Q2 25
$851.2M
$2.2B
Q1 25
$820.4M
$2.1B
Q4 24
$663.1M
$2.1B
Q3 24
$31.1B
$2.1B
Q2 24
$571.8M
$2.1B
Q1 24
$509.2M
$2.0B
Net Profit
SNEX
SNEX
SOLV
SOLV
Q4 25
$139.0M
$63.0M
Q3 25
$85.7M
$1.3B
Q2 25
$63.4M
$90.0M
Q1 25
$71.7M
$137.0M
Q4 24
$85.1M
$31.0M
Q3 24
$76.7M
$122.0M
Q2 24
$61.9M
$89.0M
Q1 24
$53.1M
$237.0M
Gross Margin
SNEX
SNEX
SOLV
SOLV
Q4 25
51.4%
Q3 25
3.7%
54.2%
Q2 25
54.4%
Q1 25
53.8%
Q4 24
53.9%
Q3 24
3.0%
56.0%
Q2 24
54.6%
Q1 24
58.1%
Operating Margin
SNEX
SNEX
SOLV
SOLV
Q4 25
15.4%
6.3%
Q3 25
0.3%
80.6%
Q2 25
-1.3%
9.9%
Q1 25
-1.0%
7.3%
Q4 24
-3.2%
6.6%
Q3 24
-0.0%
13.2%
Q2 24
-4.7%
11.7%
Q1 24
-2.5%
18.9%
Net Margin
SNEX
SNEX
SOLV
SOLV
Q4 25
11.6%
3.2%
Q3 25
0.3%
60.4%
Q2 25
7.4%
4.2%
Q1 25
8.7%
6.6%
Q4 24
12.8%
1.5%
Q3 24
0.2%
5.9%
Q2 24
10.8%
4.3%
Q1 24
10.4%
11.8%
EPS (diluted)
SNEX
SNEX
SOLV
SOLV
Q4 25
$2.50
$0.37
Q3 25
$0.72
$7.22
Q2 25
$1.22
$0.51
Q1 25
$1.41
$0.78
Q4 24
$1.69
$0.18
Q3 24
$2.32
$0.70
Q2 24
$1.25
$0.51
Q1 24
$1.09
$1.37

Balance Sheet & Financial Strength

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

Metric
SNEX
SNEX
SOLV
SOLV
Cash + ST InvestmentsLiquidity on hand
$1.6B
$878.0M
Total DebtLower is stronger
$5.0B
Stockholders' EquityBook value
$2.5B
$5.0B
Total Assets
$47.8B
$14.3B
Debt / EquityLower = less leverage
1.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SNEX
SNEX
SOLV
SOLV
Q4 25
$1.6B
$878.0M
Q3 25
$1.6B
$1.6B
Q2 25
$1.3B
$492.0M
Q1 25
$1.3B
$534.0M
Q4 24
$1.4B
$762.0M
Q3 24
$1.3B
$772.0M
Q2 24
$1.2B
$897.0M
Q1 24
$1.3B
$996.0M
Total Debt
SNEX
SNEX
SOLV
SOLV
Q4 25
$5.0B
Q3 25
$5.1B
Q2 25
$7.8B
Q1 25
$7.9B
Q4 24
$8.0B
Q3 24
$8.1B
Q2 24
$8.3B
Q1 24
$8.3B
Stockholders' Equity
SNEX
SNEX
SOLV
SOLV
Q4 25
$2.5B
$5.0B
Q3 25
$2.4B
$5.0B
Q2 25
$2.0B
$3.6B
Q1 25
$1.9B
$3.3B
Q4 24
$1.8B
$3.0B
Q3 24
$1.7B
$3.2B
Q2 24
$1.6B
$2.9B
Q1 24
$1.5B
$3.9B
Total Assets
SNEX
SNEX
SOLV
SOLV
Q4 25
$47.8B
$14.3B
Q3 25
$45.3B
$14.0B
Q2 25
$34.3B
$15.1B
Q1 25
$31.3B
$14.5B
Q4 24
$29.6B
$14.5B
Q3 24
$27.5B
$14.7B
Q2 24
$25.9B
$14.6B
Q1 24
$25.7B
$14.7B
Debt / Equity
SNEX
SNEX
SOLV
SOLV
Q4 25
1.00×
Q3 25
1.03×
Q2 25
2.14×
Q1 25
2.43×
Q4 24
2.71×
Q3 24
2.54×
Q2 24
2.90×
Q1 24
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
SNEX
SNEX
SOLV
SOLV
Operating Cash FlowLast quarter
$-1.3B
$95.0M
Free Cash FlowOCF − Capex
$-1.3B
$32.0M
FCF MarginFCF / Revenue
-106.4%
1.6%
Capex IntensityCapex / Revenue
1.3%
3.2%
Cash ConversionOCF / Net Profit
-9.08×
1.51×
TTM Free Cash FlowTrailing 4 quarters
$3.5B
$-10.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SNEX
SNEX
SOLV
SOLV
Q4 25
$-1.3B
$95.0M
Q3 25
$3.5B
$76.0M
Q2 25
$1.5B
$169.0M
Q1 25
$-154.5M
$29.0M
Q4 24
$-477.8M
$219.0M
Q3 24
$192.6M
$169.0M
Q2 24
$-622.1M
$355.0M
Q1 24
$784.0M
$442.0M
Free Cash Flow
SNEX
SNEX
SOLV
SOLV
Q4 25
$-1.3B
$32.0M
Q3 25
$3.5B
$-21.0M
Q2 25
$1.5B
$59.0M
Q1 25
$-169.8M
$-80.0M
Q4 24
$-491.4M
$92.0M
Q3 24
$175.9M
$76.0M
Q2 24
$-640.5M
$297.0M
Q1 24
$766.6M
$340.0M
FCF Margin
SNEX
SNEX
SOLV
SOLV
Q4 25
-106.4%
1.6%
Q3 25
10.7%
-1.0%
Q2 25
173.3%
2.7%
Q1 25
-20.7%
-3.9%
Q4 24
-74.1%
4.4%
Q3 24
0.6%
3.7%
Q2 24
-112.0%
14.3%
Q1 24
150.5%
16.9%
Capex Intensity
SNEX
SNEX
SOLV
SOLV
Q4 25
1.3%
3.2%
Q3 25
0.1%
4.6%
Q2 25
1.9%
5.1%
Q1 25
1.9%
5.3%
Q4 24
2.1%
6.1%
Q3 24
0.1%
4.5%
Q2 24
3.2%
2.8%
Q1 24
3.4%
5.1%
Cash Conversion
SNEX
SNEX
SOLV
SOLV
Q4 25
-9.08×
1.51×
Q3 25
41.18×
0.06×
Q2 25
23.52×
1.88×
Q1 25
-2.15×
0.21×
Q4 24
-5.61×
7.06×
Q3 24
2.51×
1.39×
Q2 24
-10.05×
3.99×
Q1 24
14.76×
1.86×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SNEX
SNEX

Segment breakdown not available.

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%

Related Comparisons