See more : Summa Silver Corp. (SSVR.V) Income Statement Analysis – Financial Results
Complete financial analysis of 3M Company (MMM) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of 3M Company, a leading company in the Conglomerates industry within the Industrials sector.
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3M Company (MMM)
About 3M Company
3M Company operates as a diversified technology company worldwide. It operates through four segments: Safety and Industrial; Transportation and Electronics; Health Care; and Consumer. The Safety and Industrial segment offers industrial abrasives and finishing for metalworking applications; autobody repair solutions; closure systems for personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles. The Transportation and Electronics segment provides ceramic solutions; attachment tapes, films, sound, and temperature management for transportation vehicles; premium large format graphic films for advertising and fleet signage; light management films and electronics assembly solutions; packaging and interconnection solutions; and reflective signage for highway, and vehicle safety. The Healthcare segment offers food safety indicator solutions; health care procedure coding and reimbursement software; skin, wound care, and infection prevention products and solutions; dentistry and orthodontia solutions; and filtration and purification systems. The Consumer segment provides consumer bandages, braces, supports and consumer respirators; cleaning products for the home; retail abrasives, paint accessories, car care DIY products, picture hanging, and consumer air quality solutions; and stationery products. It offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers. The company was founded in 1902 and is based in St. Paul, Minnesota.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 32.68B | 34.23B | 35.36B | 32.18B | 32.14B | 32.77B | 31.66B | 30.11B | 30.27B | 31.82B | 30.87B | 29.90B | 29.61B | 26.66B | 23.12B | 25.27B | 24.46B | 22.92B | 21.17B | 20.01B | 18.23B | 16.33B | 16.08B | 16.72B | 15.66B | 15.02B | 15.07B | 14.24B | 13.46B | 15.08B | 14.02B | 13.88B | 13.34B | 13.02B | 11.99B | 10.58B | 9.43B | 8.60B | 7.85B |
| Cost of Revenue | 18.48B | 19.23B | 18.80B | 16.61B | 17.14B | 16.68B | 16.00B | 15.04B | 15.38B | 16.45B | 16.11B | 15.69B | 15.69B | 13.83B | 12.11B | 13.38B | 12.74B | 11.71B | 10.38B | 9.96B | 9.29B | 8.50B | 8.75B | 8.79B | 8.85B | 8.71B | 8.58B | 8.10B | 7.72B | 9.00B | 7.45B | 7.26B | 7.09B | 6.88B | 6.25B | 8.07B | 4.95B | 4.57B | 4.30B |
| Gross Profit | 14.20B | 15.00B | 16.56B | 15.58B | 15.00B | 16.08B | 15.66B | 15.07B | 14.89B | 15.37B | 14.77B | 14.22B | 13.92B | 12.83B | 11.01B | 11.89B | 11.73B | 11.21B | 10.79B | 10.05B | 8.95B | 7.84B | 7.33B | 7.94B | 6.81B | 6.32B | 6.49B | 6.14B | 5.74B | 6.08B | 6.57B | 6.62B | 6.25B | 6.15B | 5.74B | 2.52B | 4.48B | 4.04B | 3.54B |
| Gross Profit Ratio | 43.46% | 43.81% | 46.84% | 48.41% | 46.68% | 49.09% | 49.46% | 50.05% | 49.19% | 48.31% | 47.83% | 47.55% | 47.00% | 48.12% | 47.63% | 47.05% | 47.94% | 48.90% | 50.96% | 50.24% | 49.07% | 47.98% | 45.59% | 47.46% | 43.47% | 42.05% | 43.07% | 43.11% | 42.64% | 40.35% | 46.84% | 47.71% | 46.86% | 47.20% | 47.91% | 23.77% | 47.51% | 46.91% | 45.17% |
| Research & Development | 1.84B | 1.86B | 1.99B | 1.88B | 1.91B | 1.82B | 1.85B | 1.74B | 1.76B | 1.77B | 1.72B | 1.63B | 1.57B | 1.43B | 1.29B | 1.40B | 1.37B | 1.52B | 1.24B | 1.14B | 1.10B | 1.07B | 1.08B | 1.10B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 21.53B | 8.80B | 7.20B | 6.93B | 7.03B | 7.60B | 6.57B | 6.11B | 6.18B | 6.47B | 6.38B | 6.10B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 248.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 21.53B | 9.05B | 7.20B | 6.93B | 7.03B | 7.60B | 6.57B | 6.11B | 6.18B | 6.47B | 6.38B | 6.10B | 6.17B | 5.48B | 4.91B | 5.25B | 5.02B | 5.07B | 4.54B | 4.33B | 4.04B | 3.72B | 4.06B | 3.96B | 3.88B | 3.78B | 3.82B | 3.65B | 3.44B | 3.83B | 3.54B | 3.54B | 3.32B | 3.17B | 2.89B | 0.00 | 2.34B | 2.12B | 1.95B |
| Other Expenses | 0.00 | -147.00M | -165.00M | -450.00M | -462.00M | -207.00M | -272.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 23.33B | 10.91B | 9.19B | 8.81B | 8.94B | 9.42B | 8.42B | 7.85B | 7.95B | 8.24B | 8.10B | 7.74B | 7.74B | 6.91B | 6.20B | 6.65B | 6.38B | 6.59B | 5.78B | 5.48B | 5.14B | 4.79B | 5.06B | 4.88B | 3.88B | 3.78B | 3.82B | 3.65B | 3.44B | 3.83B | 4.61B | 4.63B | 4.29B | 3.96B | 3.59B | 632.00M | 2.90B | 2.63B | 2.39B |
| Cost & Expenses | 41.85B | 30.14B | 27.99B | 25.41B | 26.08B | 26.11B | 24.42B | 22.89B | 23.33B | 24.69B | 24.21B | 23.42B | 23.43B | 20.74B | 18.31B | 20.03B | 19.12B | 18.30B | 16.16B | 15.43B | 14.43B | 13.29B | 13.81B | 13.67B | 12.73B | 12.49B | 12.40B | 11.75B | 11.16B | 12.83B | 12.06B | 11.89B | 11.38B | 10.83B | 9.84B | 8.70B | 7.85B | 7.19B | 6.70B |
| Interest Income | 253.00M | 67.00M | 26.00M | 29.00M | 80.00M | 70.00M | 50.00M | 29.00M | 26.00M | 33.00M | 41.00M | 39.00M | 39.00M | 38.00M | 37.00M | 105.00M | 132.00M | 51.00M | 56.00M | 46.00M | 28.00M | 39.00M | 37.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 942.00M | 462.00M | 488.00M | 529.00M | 448.00M | 350.00M | 322.00M | 199.00M | 149.00M | 142.00M | 145.00M | 171.00M | 186.00M | 201.00M | 219.00M | 215.00M | 210.00M | 122.00M | 82.00M | 69.00M | 84.00M | 80.00M | 124.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 1.99B | 1.83B | 1.92B | 1.91B | 1.59B | 1.49B | 1.54B | 1.47B | 1.44B | 1.41B | 1.37B | 1.29B | 1.24B | 1.12B | 1.16B | 1.15B | 1.07B | 1.08B | 986.00M | 999.00M | 964.00M | 954.00M | 1.09B | 1.03B | 900.00M | 866.00M | 870.00M | 883.00M | 859.00M | 1.10B | 1.08B | 1.09B | 969.00M | 781.00M | 700.00M | 632.00M | 564.00M | 507.00M | 444.00M |
| EBITDA | -6.75B | 8.72B | 9.58B | 9.26B | 7.74B | 8.73B | 9.18B | 8.73B | 8.49B | 8.54B | 7.93B | 7.86B | 7.42B | 7.09B | 5.95B | 6.48B | 7.40B | 6.83B | 5.90B | 5.62B | 4.71B | 4.00B | 3.36B | 4.08B | 3.86B | 2.91B | 3.55B | 3.37B | 3.08B | 3.35B | 3.03B | 3.08B | 2.93B | 2.97B | 2.85B | 2.52B | 2.14B | 1.92B | 1.59B |
| EBITDA Ratio | -20.65% | 24.45% | 20.84% | 19.83% | 18.50% | 26.54% | 29.58% | 28.89% | 27.68% | 26.85% | 26.03% | 25.99% | 25.04% | 26.40% | 25.82% | 25.21% | 29.70% | 29.56% | 28.32% | 27.87% | 25.65% | 24.49% | 20.91% | 24.41% | 24.62% | 19.34% | 23.52% | 23.70% | 22.88% | 22.23% | 21.63% | 22.19% | 21.95% | 22.82% | 23.77% | 17.80% | 16.74% | 16.39% | 14.66% |
| Operating Income | -9.13B | 6.54B | 5.45B | 4.47B | 4.35B | 7.21B | 7.82B | 7.22B | 6.95B | 7.14B | 6.67B | 6.48B | 6.18B | 5.92B | 4.81B | 5.22B | 6.19B | 5.70B | 5.01B | 4.58B | 3.71B | 3.05B | 2.27B | 3.06B | 2.96B | 2.04B | 2.68B | 2.49B | 2.22B | 2.25B | 1.96B | 1.99B | 1.96B | 2.19B | 2.15B | 1.88B | 1.58B | 1.41B | 1.15B |
| Operating Income Ratio | -27.93% | 19.10% | 15.43% | 13.90% | 13.55% | 22.00% | 24.70% | 23.99% | 22.94% | 22.42% | 21.59% | 21.68% | 20.86% | 22.20% | 20.82% | 20.65% | 25.32% | 24.85% | 23.66% | 22.88% | 20.37% | 18.65% | 14.14% | 18.29% | 18.88% | 13.57% | 17.75% | 17.50% | 16.50% | 14.93% | 13.95% | 14.36% | 14.69% | 16.83% | 17.93% | 17.80% | 16.74% | 16.39% | 14.66% |
| Total Other Income/Expenses | -560.00M | -147.00M | -550.00M | -366.00M | -462.00M | -207.00M | -272.00M | -170.00M | -123.00M | -109.00M | -104.00M | -132.00M | -147.00M | -163.00M | -182.00M | -110.00M | 730.00M | 468.00M | -26.00M | -23.00M | -56.00M | -41.00M | -87.00M | -84.00M | -76.00M | -87.00M | 765.00M | -89.00M | -130.00M | -157.00M | 14.00M | -71.00M | -114.00M | -85.00M | -81.00M | -1.00M | -13.00M | -62.00M | -53.00M |
| Income Before Tax | -9.69B | 6.39B | 7.20B | 6.71B | 5.71B | 7.00B | 7.55B | 7.05B | 6.82B | 7.03B | 6.56B | 6.35B | 6.03B | 5.76B | 4.63B | 5.11B | 6.12B | 5.63B | 4.98B | 4.56B | 3.66B | 3.01B | 2.19B | 2.97B | 2.88B | 1.95B | 3.44B | 2.40B | 2.09B | 2.09B | 1.97B | 1.92B | 1.85B | 2.11B | 2.07B | 1.88B | 1.57B | 1.35B | 1.10B |
| Income Before Tax Ratio | -29.64% | 18.67% | 20.38% | 20.85% | 17.77% | 21.36% | 23.84% | 23.42% | 22.54% | 22.08% | 21.26% | 21.24% | 20.37% | 21.59% | 20.03% | 20.21% | 25.00% | 24.54% | 23.54% | 22.76% | 20.06% | 18.40% | 13.60% | 17.78% | 18.39% | 13.00% | 22.83% | 16.87% | 15.53% | 13.88% | 14.05% | 13.85% | 13.83% | 16.17% | 17.26% | 17.79% | 16.60% | 15.67% | 13.98% |
| Income Tax Expense | -2.69B | 612.00M | 1.29B | 1.32B | 1.13B | 1.64B | 2.68B | 2.00B | 1.98B | 2.03B | 1.84B | 1.84B | 1.67B | 1.59B | 1.39B | 1.59B | 1.96B | 1.72B | 1.69B | 1.50B | 1.20B | 966.00M | 702.00M | 1.03B | 1.03B | 685.00M | 1.24B | 886.00M | 785.00M | 771.00M | 707.00M | 687.00M | 691.00M | 798.00M | 825.00M | 728.00M | 647.00M | 569.00M | 433.00M |
| Net Income | -7.00B | 5.78B | 5.92B | 5.45B | 4.57B | 5.35B | 4.86B | 5.05B | 4.83B | 4.96B | 4.66B | 4.44B | 4.28B | 4.09B | 3.19B | 3.46B | 4.10B | 3.85B | 3.20B | 2.99B | 2.40B | 1.97B | 1.43B | 1.78B | 1.76B | 1.18B | 2.12B | 1.53B | 976.00M | 1.32B | 1.26B | 1.24B | 1.15B | 1.31B | 1.24B | 1.15B | 918.00M | 779.00M | 664.00M |
| Net Income Ratio | -21.40% | 16.88% | 16.75% | 16.93% | 14.22% | 16.33% | 15.35% | 16.77% | 15.96% | 15.57% | 15.09% | 14.86% | 14.46% | 15.32% | 13.81% | 13.69% | 16.74% | 16.80% | 15.11% | 14.94% | 13.18% | 12.09% | 8.89% | 10.66% | 11.26% | 7.82% | 14.07% | 10.72% | 7.25% | 8.77% | 9.01% | 8.90% | 8.65% | 10.05% | 10.38% | 10.91% | 9.74% | 9.06% | 8.46% |
| EPS | -12.63 | 10.21 | 10.23 | 9.43 | 7.92 | 9.09 | 8.13 | 8.35 | 7.73 | 7.63 | 6.83 | 6.40 | 6.05 | 5.72 | 4.56 | 4.95 | 5.70 | 5.15 | 4.18 | 3.83 | 3.07 | 2.53 | 1.81 | 2.25 | 2.19 | 1.46 | 2.57 | 1.82 | 1.16 | 1.56 | 1.45 | 1.41 | 1.31 | 1.48 | 1.40 | 1.28 | 1.00 | 0.85 | 0.72 |
| EPS Diluted | -12.63 | 10.18 | 10.12 | 9.36 | 7.81 | 8.89 | 7.93 | 8.16 | 7.58 | 7.49 | 6.72 | 6.32 | 5.96 | 5.63 | 4.52 | 4.89 | 5.60 | 5.06 | 4.12 | 3.75 | 3.02 | 2.50 | 1.79 | 2.23 | 2.17 | 1.44 | 2.53 | 1.79 | 1.15 | 1.54 | 1.45 | 1.41 | 1.31 | 1.48 | 1.40 | 1.28 | 1.00 | 0.85 | 0.72 |
| Weighted Avg Shares Out | 553.90M | 566.00M | 579.00M | 577.60M | 577.00M | 588.50M | 597.50M | 604.70M | 625.60M | 649.20M | 681.90M | 693.90M | 708.50M | 713.70M | 700.50M | 699.20M | 718.30M | 747.50M | 764.90M | 780.50M | 782.80M | 780.00M | 788.60M | 791.40M | 805.02M | 806.60M | 825.40M | 836.40M | 839.60M | 846.00M | 868.60M | 876.38M | 877.57M | 883.78M | 888.57M | 905.10M | 913.43M | 916.47M | 915.86M |
| Weighted Avg Shares Out (Dil) | 553.90M | 567.60M | 585.30M | 582.20M | 585.10M | 602.00M | 612.70M | 618.70M | 637.20M | 662.00M | 693.60M | 703.30M | 719.00M | 725.50M | 706.70M | 707.20M | 732.00M | 761.00M | 776.90M | 796.50M | 795.30M | 791.00M | 799.90M | 799.80M | 813.00M | 816.00M | 838.34M | 852.46M | 847.82M | 856.49M | 868.60M | 876.38M | 877.57M | 883.78M | 888.57M | 905.10M | 913.43M | 916.47M | 915.86M |
Here is What to Know Beyond Why 3M Company (MMM) is a Trending Stock
3M (MMM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
3M Surges 45.6% in Six Months: How Should You Play the Stock?
MMM is strategically positioned, leveraging its strong foothold in several key end markets amid certain challenges.
3M Announces Upcoming Investor Event
ST. PAUL, Minn. , Oct. 7, 2024 /PRNewswire/ -- 3M (NYSE: MMM) today announced the following investor event: Third-quarter 2024 earnings conference call on Tuesday, October 22, 2024, at 8 a.m.
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3M (MMM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Here's Why 3M (MMM) Fell More Than Broader Market
3M (MMM) closed the most recent trading day at $134.78, moving -0.48% from the previous trading session.
3M Launches Solar Charging Enabled Bluetooth Hearing Protector
MMM's WorkTunes Connect + Solar Hearing Protector enables users to avoid or reduce hazardous noise and lower the risk of hearing loss.
3M achieves Science Based Targets initiative validation, strengthening commitment to decarbonization and customer innovation
Announces first scope 3 goal, a milestone for a diverse, global company with thousands of products Refines scopes 1 and 2 near-term targets for 2030 in alignment with the 1.5° C trajectory of the Paris Agreement ST. PAUL, Minn.
3M: Sticky Situation, But Still Holding It (Technical Analysis)
I manage a 40-stock portfolio using a tactical YARP approach, balancing growth and yield while avoiding major losses, with MMM currently at a 1% position. Despite MMM's recent strong performance, its valuation is stretched, and its dividend yield is low,...
3M introduces WorkTunes Connect + Solar Hearing Protector, a first-of-its-kind continuous solar charging headset for consumers
ST. PAUL, Minn. , Oct. 1, 2024 /PRNewswire/ -- 3M expands its commitment to consumer safety and hearing protection with the launch of 3M™ WorkTunes™ Connect + Solar Hearing Protector.
Source: https://incomestatements.info
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