MMM
3M Company
Income statement
| USDLine, in USD | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 25.2B | 24.9B | 24.6B | 24.6B | 26.2B | 35.4B | 32.2B | 32.1B | 32.8B | 31.7B | 30.1B | 30.3B | 31.8B | 30.9B | 29.9B | 29.6B | 26.7B | 23.1B | 25.3B | 24.5B |
Cost of revenue | 15.3B | 15.0B | 14.4B | 15.0B | 15.9B | 18.8B | 16.6B | 17.1B | 16.7B | 16.1B | 15.1B | 15.4B | 16.4B | 16.1B | 15.7B | 15.7B | 13.8B | 12.1B | 13.4B | 12.7B |
| Gross profit | 10.0B | 10.0B | 10.1B | 9.6B | 10.3B | 16.6B | 15.6B | 15.0B | 16.1B | 15.6B | 15.0B | 14.9B | 15.4B | 14.8B | 14.2B | 13.9B | 12.8B | 11.0B | 11.9B | 11.7B |
| — | — | 0.70B | 0.70B | 0.80B | 1.20B | 1.10B | 1.25B | 1.25B | 1.35B | 1.25B | 1.22B | 1.19B | 1.15B | 1.08B | 1.04B | 0.92B | 0.84B | 0.85B | — | |
| 3.7B | 4.0B | 4.2B | 19.2B | 7.2B | 7.2B | 6.9B | 7.0B | 7.6B | 6.6B | 6.3B | 6.2B | 6.5B | 6.4B | 6.1B | 6.2B | 5.5B | 4.9B | 5.2B | 5.0B | |
Other operating expenses | 1.55B | 1.33B | 0.39B | 0.42B | — | 0.79B | 0.39B | 0.54B | — | — | 0.41B | 0.49B | 0.58B | 0.57B | 0.56B | 0.53B | 0.52B | 0.46B | 0.58B | 0.52B |
| Operating income | 4.7B | 4.6B | 4.8B | −10.7B | 4.4B | 7.4B | 7.2B | 6.2B | 7.2B | 7.7B | 7.0B | 6.9B | 7.1B | 6.7B | 6.5B | 6.2B | 5.9B | 4.8B | 5.2B | 6.2B |
Non-operating income | −309M | −416M | −3.0M | −582M | −165M | −165M | −366M | −462M | −207M | −144M | 26M | −123M | −109M | −104M | −132M | −147M | −163M | −182M | −110M | −78M |
| Pretax income | 4.4B | 4.2B | 4.8B | −11.3B | 4.2B | 7.2B | 6.8B | 5.7B | 7.0B | 7.5B | 7.1B | 6.8B | 7.0B | 6.6B | 6.4B | 6.0B | 5.8B | 4.6B | 5.1B | 6.1B |
Taxes | 0.89B | 0.96B | 0.65B | −4.28B | −1.57B | 1.28B | 1.35B | 1.20B | 1.65B | 2.69B | 2.00B | 1.99B | 2.07B | 1.90B | 1.91B | 1.75B | 1.67B | 1.44B | 1.65B | 2.02B |
| Net income | 3.54B | 3.25B | 4.17B | −7.00B | 5.78B | 5.92B | 5.45B | 4.52B | 5.35B | 4.86B | 5.05B | 4.83B | 4.96B | 4.66B | 4.44B | 4.28B | 4.09B | 3.19B | 3.46B | 4.10B |
| Diluted EPS | 6.71 | 6.00 | 7.55 | −12.63 | 10.18 | 10.12 | 9.36 | 7.72 | 8.89 | 7.93 | 8.16 | 7.58 | 7.49 | 6.72 | 6.32 | 5.96 | 5.63 | 4.52 | 4.89 | 5.60 |
| Diluted shares | — | 541.3M | 552.4M | 553.9M | 567.6M | 585.3M | 582.2M | 585.1M | 602.0M | 612.7M | 618.7M | 637.2M | 662.0M | 693.6M | 703.3M | 719.0M | 725.5M | 706.7M | 707.2M | 732.0M |
| Revenue growth | — | +1.5% | −0.1% | −5.9% | −26.0% | +9.9% | +0.1% | −1.9% | +3.5% | +5.1% | −0.5% | −4.9% | +3.1% | +3.2% | +1.0% | +11.1% | +15.3% | −8.5% | +3.3% | — |
| Gross margin | 39.5% | 39.9% | 41.2% | 39.1% | 39.4% | 46.8% | 48.4% | 46.7% | 49.1% | 49.3% | 49.8% | 49.2% | 48.3% | 47.8% | 47.5% | 47.0% | 48.1% | 47.6% | 47.1% | 47.9% |
| Operating margin | 18.8% | 18.6% | 19.6% | −43.4% | 16.7% | 20.8% | 22.3% | 19.2% | 22.0% | 24.3% | 23.3% | 22.9% | 22.4% | 21.6% | 21.7% | 20.9% | 22.2% | 20.8% | 20.6% | 25.3% |
| Net margin | 14.0% | 13.0% | 17.0% | −28.4% | 22.1% | 16.7% | 16.9% | 14.1% | 16.3% | 15.3% | 16.8% | 16.0% | 15.6% | 15.1% | 14.9% | 14.5% | 15.3% | 13.8% | 13.7% | 16.7% |