Financials in USD. Standardized financial statements.
A compact view of how 3M Company turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $24.95B | $24.57B | $24.61B | $34.23B | $35.35B | $32.18B | $32.14B | $32.77B | $31.66B | $30.11B |
| Revenue Growth? | +1.5% | -0.1% | -28.1% | -3.2% | +9.9% | +0.1% | -1.9% | +3.5% | +5.1% | 0.0% |
| Cost of Revenue? | $15.08B | $14.49B | $15.04B | $19.26B | $18.74B | $16.58B | $16.83B | $16.57B | $15.99B | $15.13B |
| Gross Profit? | $9.87B | $10.08B | $9.57B | $14.97B | $16.61B | $15.60B | $15.31B | $16.19B | $15.66B | $14.98B |
| Gross Margin? | +39.6% | +41.0% | +38.9% | +43.7% | +47.0% | +48.5% | +47.6% | +49.4% | +49.5% | +49.7% |
| Operating Expenses? | $5.31B | $5.15B | $5.53B | $10.89B | $9.09B | $8.65B | $8.33B | $8.42B | $8.44B | $7.96B |
| Operating Income? | $4.56B | $4.93B | $4.05B | $4.07B | $7.53B | $6.96B | $6.97B | $7.77B | $7.23B | $7.02B |
| EBITDA? | $5.85B | $7.22B | -$8.91B | $8.72B | $9.58B | $9.26B | $7.74B | $8.73B | $9.18B | $8.73B |
| Income Before Tax | $4.21B | $4.83B | -$11.25B | $6.40B | $7.21B | $6.79B | $5.71B | $7.00B | $7.55B | $7.05B |
| Income Tax Expense | $1.00B | $804.00M | -$2.87B | $612.00M | $1.28B | $1.34B | $1.13B | $1.64B | $2.68B | $2.00B |
| Net Income? | $3.25B | $4.17B | -$7.00B | $5.78B | $5.92B | $5.45B | $4.57B | $5.35B | $4.86B | $5.05B |
| EPS? | $6.04 | $7.58 | $-12.63 | $10.21 | $10.23 | $9.43 | $7.92 | $9.09 | $8.13 | $8.35 |
| Diluted EPS? | $6.00 | $7.55 | $-12.63 | $10.18 | $10.12 | $9.36 | $7.81 | $8.89 | $7.93 | $8.16 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality