MMM
Income statement / Annual
Last year (2024), 3M Company's total revenue was $24.58 B,
a decrease of 24.80% from the previous year.
In 2024, 3M Company's net income was $4.17 B.
See 3M Company,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
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 |
| Operating Revenue |
$24.58 B |
$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 |
| Cost of Revenue |
$14.45 B
|
$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
|
| Gross Profit |
$10.13 B
|
$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
|
| Gross Profit Ratio |
0.41
|
0.43
|
0.44
|
0.47
|
0.48
|
0.47
|
0.49
|
0.49
|
0.5
|
0.49
|
| Research and Development Expenses |
$1.09 B
|
$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
|
| General & Administrative Expenses |
$0.00
|
$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
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$248.00 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$4.22 B
|
$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
|
| Other Expenses |
$0.00
|
$0.00
|
-$147.00 M
|
-$165.00 M
|
-$450.00 M
|
-$462.00 M
|
-$207.00 M
|
-$272.00 M
|
$0.00
|
$0.00
|
| Operating Expenses |
$5.31 B
|
$23.29 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
|
| Cost And Expenses |
$19.75 B
|
$41.66 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
|
| Interest Income |
$0.00
|
$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
|
| Interest Expense |
$0.00
|
$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
|
| Depreciation & Amortization |
$0.00
|
$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
|
| EBITDA |
$4.82 B |
-$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 |
| EBITDA Ratio |
0.2
|
-0.21
|
0.24
|
0.21
|
0.2
|
0.19
|
0.27
|
0.3
|
0.29
|
0.28
|
| Operating Income Ratio |
0.2
|
-0.28
|
0.19
|
0.15
|
0.14
|
0.14
|
0.22
|
0.25
|
0.24
|
0.23
|
| Total Other Income/Expenses Net |
-$3.00 M
|
-$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
|
| Income Before Tax |
$4.82 B
|
-$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
|
| Income Before Tax Ratio |
0.2
|
-0.3
|
0.19
|
0.2
|
0.21
|
0.18
|
0.21
|
0.24
|
0.23
|
0.23
|
| Income Tax Expense |
$804.00 M
|
-$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
|
| Net Income |
$4.17 B
|
-$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
|
| Net Income Ratio |
0.17
|
-0.21
|
0.17
|
0.17
|
0.17
|
0.14
|
0.16
|
0.15
|
0.17
|
0.16
|
| EPS |
7.58 |
-12.63 |
10.21 |
10.23 |
9.43 |
7.92 |
9.09 |
8.13 |
8.35 |
7.73 |
| EPS Diluted |
7.55 |
-12.63 |
10.18 |
10.12 |
9.36 |
7.81 |
8.89 |
7.93 |
8.16 |
7.58 |
| Weighted Average Shares Out |
$550.80 M
|
$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
|
| Weighted Average Shares Out Diluted |
$552.40 M
|
$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
|
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