Co-movers

daily closes · 501dMethod

Moved together

MMMwithSOLV

×0.44co-movement · SOLV on MMM · 501d

r 0.40scale to r 0.75

Shared co-movers1with MMMwith SOLV

NDSNNordson Corpr 0.58r 0.49

MMM, solidSOLV, hatched× = co-movement · βr = correlationBar = r to r 0.75Order: weaker of A and BSource: daily closes

MMM3M Co

174.35−1.70%· post 174.30

Mkt cap$90.1BRevenue$6.6BQ3 FY26Revenue$24.9BFY25

SOLVSolventum Corp

81.13−2.91%· post 81.13

ClosedOct 30 '26

Mkt cap$13.8BRevenue$2.2BQ2 FY26Revenue$8.3BFY25

vs

Compare

ClosedOct 30 '26

MMM3M Co

vs

SOLVSolventum Corp

174.35−1.70%post 174.30

Price

81.13−2.91%post 81.13

$90.1B

Mkt cap

$13.8B

Q3 FY26$6.6B

Revenue

$2.2BQ2 FY26

FY25$24.9B

Revenue

$8.3BFY25

MMM compared with SOLV: revenue, margins and what each company keeps, and the suppliers and customers both name