MMM
Income statement / Annual
Last year (2023), 3M Company's total revenue was $32.68 B,
a decrease of 4.52% from the previous year.
In 2023, 3M Company's net income was -$7.00 B.
See 3M Company,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$32.68 B
|
$34.23 B
|
$35.36 B
|
$32.18 B
|
$32.14 B
|
$32.77 B
|
$31.66 B
|
$30.11 B
|
$30.27 B
|
$31.82 B
|
| Cost of Revenue |
$18.48 B |
$19.23 B |
$18.80 B |
$16.61 B |
$17.14 B |
$16.68 B |
$16.00 B |
$15.04 B |
$15.38 B |
$16.45 B |
| Gross Profit |
$14.20 B |
$15.00 B |
$16.56 B |
$15.58 B |
$15.00 B |
$16.08 B |
$15.66 B |
$15.07 B |
$14.89 B |
$15.37 B |
| Gross Profit Ratio |
0.43 |
0.44 |
0.47 |
0.48 |
0.47 |
0.49 |
0.49 |
0.5 |
0.49 |
0.48 |
| Research and Development
Expenses |
$1.84 B
|
$1.86 B
|
$1.99 B
|
$1.88 B
|
$1.91 B
|
$1.82 B
|
$1.85 B
|
$1.74 B
|
$1.76 B
|
$1.77 B
|
| General & Administrative
Expenses |
$21.53 B
|
$8.80 B
|
$7.20 B
|
$6.93 B
|
$7.03 B
|
$7.60 B
|
$6.57 B
|
$6.11 B
|
$6.18 B
|
$6.47 B
|
| Selling & Marketing
Expenses |
$0.00
|
$248.00 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$21.53 B
|
$9.05 B
|
$7.20 B
|
$6.93 B
|
$7.03 B
|
$7.60 B
|
$6.57 B
|
$6.11 B
|
$6.18 B
|
$6.47 B
|
| Other Expenses |
$0.00 |
-$147.00 M |
-$165.00 M |
-$450.00 M |
-$462.00 M |
-$207.00 M |
-$272.00 M |
$0.00 |
$0.00 |
$0.00 |
| Operating Expenses |
$23.33 B |
$10.91 B |
$9.19 B |
$8.81 B |
$8.94 B |
$9.42 B |
$8.42 B |
$7.85 B |
$7.95 B |
$8.24 B |
| Cost And Expenses |
$41.85 B |
$30.14 B |
$27.99 B |
$25.41 B |
$26.08 B |
$26.11 B |
$24.42 B |
$22.89 B |
$23.33 B |
$24.69 B |
| Interest Income |
$253.00 M |
$67.00 M |
$26.00 M |
$29.00 M |
$80.00 M |
$70.00 M |
$50.00 M |
$29.00 M |
$26.00 M |
$33.00 M |
| Interest Expense |
$942.00 M |
$462.00 M |
$488.00 M |
$529.00 M |
$448.00 M |
$350.00 M |
$322.00 M |
$199.00 M |
$149.00 M |
$142.00 M |
| Depreciation &
Amortization |
$1.99 B
|
$1.83 B
|
$1.92 B
|
$1.91 B
|
$1.59 B
|
$1.49 B
|
$1.54 B
|
$1.47 B
|
$1.44 B
|
$1.41 B
|
| EBITDA |
-$6.75 B
|
$8.72 B
|
$9.58 B
|
$9.26 B
|
$7.74 B
|
$8.73 B
|
$9.18 B
|
$8.73 B
|
$8.49 B
|
$8.54 B
|
| EBITDA Ratio |
-0.21 |
0.24 |
0.21 |
0.2 |
0.19 |
0.27 |
0.3 |
0.29 |
0.28 |
0.27 |
| Operating Income Ratio
|
-0.28
|
0.19
|
0.15
|
0.14
|
0.14
|
0.22
|
0.25
|
0.24
|
0.23
|
0.22
|
| Total Other
Income/Expenses Net |
-$560.00 M
|
-$147.00 M
|
-$550.00 M
|
-$366.00 M
|
-$462.00 M
|
-$207.00 M
|
-$272.00 M
|
-$170.00 M
|
-$123.00 M
|
-$109.00 M
|
| Income Before Tax |
-$9.69 B |
$6.39 B |
$7.20 B |
$6.71 B |
$5.71 B |
$7.00 B |
$7.55 B |
$7.05 B |
$6.82 B |
$7.03 B |
| Income Before Tax Ratio
|
-0.3
|
0.19
|
0.2
|
0.21
|
0.18
|
0.21
|
0.24
|
0.23
|
0.23
|
0.22
|
| Income Tax Expense |
-$2.69 B |
$612.00 M |
$1.29 B |
$1.32 B |
$1.13 B |
$1.64 B |
$2.68 B |
$2.00 B |
$1.98 B |
$2.03 B |
| Net Income |
-$7.00 B |
$5.78 B |
$5.92 B |
$5.45 B |
$4.57 B |
$5.35 B |
$4.86 B |
$5.05 B |
$4.83 B |
$4.96 B |
| Net Income Ratio |
-0.21 |
0.17 |
0.17 |
0.17 |
0.14 |
0.16 |
0.15 |
0.17 |
0.16 |
0.16 |
| EPS |
-12.63 |
10.21 |
10.23 |
9.43 |
7.92 |
9.09 |
8.13 |
8.35 |
7.73 |
7.63 |
| EPS Diluted |
-12.63 |
10.18 |
10.12 |
9.36 |
7.81 |
8.89 |
7.93 |
8.16 |
7.58 |
7.49 |
| Weighted Average Shares
Out |
$553.90 M
|
$566.00 M
|
$579.00 M
|
$577.60 M
|
$577.00 M
|
$588.50 M
|
$597.50 M
|
$604.70 M
|
$625.60 M
|
$649.20 M
|
| Weighted Average Shares
Out Diluted |
$553.90 M
|
$567.60 M
|
$585.30 M
|
$582.20 M
|
$585.10 M
|
$602.00 M
|
$612.70 M
|
$618.70 M
|
$637.20 M
|
$662.00 M
|
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