MetaCap

DexCom (DXCM) vs Solventum (SOLV)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

DexCom (DXCM) has outperformed Solventum (SOLV) over the past year, gaining 27.7% versus a gain of 19.0%. DexCom is the larger company by market cap ($31.81 billion vs $14.62 billion), about 2.2 times the size. On valuation, Solventum trades at a lower forward P/E (11.9x vs 27.0x for DexCom).

Solventum converts more of its revenue into profit, with a net margin of 18.7% versus 17.9%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

DXCM+27.67%SOLV+19.01%
+43%+11%-20%
Oct 7, 20251 yearOct 7, 2026
DXCM-39.22%SOLV+23.48%
+36%-14%-65%
Mar 25, 20245 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

DXCM versus SOLV key metrics
MetricDXCMSOLV
Share price$84.30$85.88
Market cap$31.81B$14.62B
1-day change+1.09%-1.33%
YTD return+27.02%+8.38%
1-year return+27.67%+19.01%
5-year return-38.07%—
P/E ratio (TTM)33.4510.66
Forward P/E26.9611.88
EPS (TTM)$2.52$8.06
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)$4.66B$8.32B
Revenue growth (YoY)+15.60%+0.86%
Net income (latest FY)$836.30M$1.56B
Gross margin60.10%53.47%
Operating margin19.56%26.20%
Net margin17.94%18.69%
52-week high$92.59$94.16
52-week low$54.11$62.38
Distance from 52-week high-8.95%-8.79%
Analyst consensusstrong_buybuy
Avg. price target upside+14.15%+9.82%
Average volume4.47M1.02M
Shares outstanding377.36M170.22M
Employees11,00020,584
SectorHealth CareHealth Care
IndustryMedical/Dental InstrumentsMedical/Dental Instruments

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • DexCom is about 2.2 times larger than Solventum by market value ($31.81B vs $14.62B).
  • DexCom trades at a higher earnings multiple (33.5x vs 10.7x trailing P/E).
  • DexCom grew revenue faster in its latest fiscal year (+15.60% vs +0.86%).

About DexCom

DXCM stock →

DexCom, Inc., a medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems for the management of diabetes and metabolic health in the United States and internationally. The company offers Dexcom G7 and G7 15 Day, an integrated continuous glucose monitoring system; Dexcom G6, a CGM system; Dexcom ONE+ to replace fingerstick blood glucose testing for diabetes treatment decisions; Stelo, a biosensor designed for adults with prediabetes and Type 2 diabetes who do not use insulin; Dexcom Share, a remote monitoring system; and Dexcom Follow application.

Health Care · Medical/Dental Instruments · 11,000 employees

About Solventum

SOLV stock →

Solventum Corporation, a healthcare company, develops, manufactures, and commercializes a portfolio of solutions to address critical customer and patient needs in the United States and internationally. It operates through three segments: Medsurg, Dental Solutions, and Health Information Systems.

Health Care · Medical/Dental Instruments · 20,584 employees

DXCM vs SOLV FAQ

Which is bigger, DexCom or Solventum?

DexCom (DXCM) is larger, with a market capitalization of $31.81B compared with $14.62B for Solventum (SOLV).

Which stock has performed better over the past year, DXCM or SOLV?

DXCM returned +27.67% over the past 12 months, compared with +19.01% for SOLV (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, DXCM or SOLV?

SOLV has the lower trailing P/E at 10.7, versus 33.5 for DXCM. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Are DexCom and Solventum in the same industry?

Yes. Both are classified in the Medical/Dental Instruments industry within the Health Care sector.

More comparisons