See more : Plasson Industries Ltd (PLSNF) 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.
You may be interested
- The INX Digital Company, Inc. (INXDF) Income Statement Analysis – Financial Results
- Riyal Investment and Development Co. (9584.SR) Income Statement Analysis – Financial Results
- HK Asia Holdings Limited (1723.HK) Income Statement Analysis – Financial Results
- FuelPositive Corporation (NHHH.V) Income Statement Analysis – Financial Results
- ePlay Digital Inc. (EPY.CN) Income Statement Analysis – Financial Results
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 |
3M (MMM) Laps the Stock Market: Here's Why
In the latest trading session, 3M (MMM) closed at $130.09, marking a +1.27% move from the previous day.
Buy 4 September Dividend Aristocrats And Watch 6
The S&P 500 Dividend Aristocrats list was rebalanced in January 2024, with notable changes including the removal of Walgreens and 3M, and the addition of Fastenal and Kenvue.
What's Driving The Rebound In 3M Stock?
3M stock (NYSE: MMM) currently trades around $128 per share, roughly 15% below its pre-inflation shock highs of $150 seen in June 2021. This performance aligns with that of its peer – Honeywell stock – also down 15% over this...
Second Chance On 3M Stock Made Up For Early Loss
Stocks aren't people. Don't let a past loss prevent you from taking what could be a profitable trade.
3M (MMM) Advances While Market Declines: Some Information for Investors
In the closing of the recent trading day, 3M (MMM) stood at $132.15, denoting a +0.99% change from the preceding trading day.
3M announces it has made and sold more than 300 million Friction Shims worldwide
The small, thin shims are used in demanding applications such as automotive, wind energy, and aerospace ST. PAUL, Minn.
3M Company (MMM) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to 3M (MMM). This makes it worthwhile to examine what the stock has in store.
3 Dividend Stocks That Just Hit 52-Week Highs but Could Still Be Worth Buying in September
Walmart is charting a path to faster growth -- and making investments to get there. As 3M takes strides to turn itself around, the stock looks like a good value.
Is It Too Late to Buy 3M Stock?
3M is moving past its litigation woes under new leadership. A new CEO will need time to evaluate and plant the seeds for long-term growth.
Don't Miss Out on These Top 3 Stocks for a September to Remember
September often carries a reputation for market volatility and potential downturns, usually called the “September Effect.” This perception is rooted in historical observations, but savvy investors should avoid letting perceived trends dictate their investment decisions.
Source: https://incomestatements.info
Category: Stock Reports