MMM · 3m Co - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $24.95B | $24.57B | $32.68B | $34.23B | $35.35B | $32.18B |
| Cost of Revenue | $14.99B | $14.45B | $18.48B | $19.23B | $18.80B | $16.61B |
| Gross Profit | $9.96B | $10.13B | $14.20B | $15.00B | $16.56B | $15.58B |
| R&D | - | $700.00M | $1.00B | $1.10B | $1.24B | $1.15B |
| SG&A | $4.00B | $4.22B | $21.53B | $9.05B | $7.20B | $6.93B |
| Total Operating Expenses | $20.32B | $19.75B | $41.81B | $27.69B | $27.99B | $25.02B |
| D&A | $1.31B | $1.36B | $1.99B | $1.83B | $1.92B | $1.91B |
| Operating Income | $4.63B | $4.82B | ($9.13B) | $6.54B | $7.37B | $7.16B |
| Interest Expense | $448.00M | $472.00M | $942.00M | $462.00M | $488.00M | $529.00M |
| Income Tax | $1.00B | $804.00M | ($2.69B) | $612.00M | $1.28B | $1.32B |
| Net Income | $3.25B | $4.17B | ($7.00B) | $5.78B | $5.92B | $5.38B |
| EPS - Basic | $6.05 | $7.58 | ($10.56) | $8.54 | $8.55 | $7.79 |
| EPS - Diluted | $6.00 | $7.55 | ($10.56) | $8.51 | $8.46 | $7.73 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $5.24B | $5.60B | $5.93B | - | - | - |
| Accounts Receivable | $3.53B | $3.19B | $4.75B | $4.53B | $4.66B | $4.71B |
| Inventory | $3.66B | $3.70B | $4.82B | $5.37B | $4.99B | $4.24B |
| Accounts Payable | $2.70B | $2.66B | $3.25B | $3.18B | $2.99B | $2.56B |
| Current Assets | $16.39B | $15.88B | $16.38B | $14.69B | $15.40B | $14.98B |
| Total Assets | $37.73B | $39.87B | $50.58B | $46.45B | $47.07B | $47.34B |
| Current Liabilities | $9.60B | $11.26B | $15.30B | $9.52B | $9.04B | $7.95B |
| Long-term Debt | $10.93B | $11.13B | $13.09B | $14.00B | $16.06B | $17.99B |
| Total Liabilities | $32.99B | $35.97B | $45.71B | $31.68B | $31.95B | $34.41B |
| Stockholders' Equity | $4.70B | $3.84B | $4.81B | $14.72B | $15.05B | $12.87B |
| Retained Earnings | $38.26B | $36.80B | $37.48B | $47.95B | $45.82B | $43.76B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.31B | $1.82B | $6.68B | $5.59B | $7.45B | $8.11B |
| Investing Cash Flow | $1.35B | ($3.21B) | ($1.21B) | ($1.05B) | ($1.32B) | ($580.00M) |
| Financing Cash Flow | ($4.02B) | $1.10B | ($3.15B) | ($5.35B) | ($6.14B) | ($5.30B) |
| CapEx | $910.00M | $1.18B | $1.61B | $1.75B | $1.60B | $1.50B |
| Free Cash Flow | $1.40B | $638.00M | $5.07B | $3.84B | $5.85B | $6.61B |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 39.9% | 41.2% | 43.5% | 43.8% | 46.8% | 48.4% |
| Operating margin | 18.6% | 19.6% | -27.9% | 19.1% | 20.8% | 22.3% |
| EBITDA margin | 23.8% | 25.2% | -21.9% | 24.5% | 26.3% | 28.2% |
| Net margin | 13.0% | 17.0% | -21.4% | 16.9% | 16.7% | 16.7% |
| Free cash flow margin | 5.6% | 2.6% | 15.5% | 11.2% | 16.5% | 20.5% |
| FCF / Net income | 0.43 | 0.15 | -0.72 | 0.67 | 0.99 | 1.23 |
| R&D / Revenue | - | 2.8% | 3.1% | 3.2% | 3.5% | 3.6% |
| SG&A / Revenue | 16.0% | 17.2% | 65.9% | 26.4% | 20.4% | 21.5% |
| Effective tax rate | 23.6% | 16.2% | - | 9.6% | 17.8% | 19.7% |
| Return on assets | 8.6% | 10.5% | -13.8% | 12.4% | 12.6% | 11.4% |
| Return on equity | 69.1% | 108.6% | -145.5% | 39.2% | 39.4% | 41.8% |
| Return on invested capital | 22.6% | 27.0% | -40.3% | 20.6% | 19.5% | 18.6% |
| Liquidity | ||||||
| Current ratio | 1.71 | 1.41 | 1.07 | 1.54 | 1.70 | 1.89 |
| Quick ratio | 1.33 | 1.08 | 0.76 | 0.98 | 1.15 | 1.35 |
| Cash ratio | 0.55 | 0.50 | 0.39 | - | - | - |
| Leverage | ||||||
| Debt / Equity | 2.32 | 2.90 | 2.72 | 0.95 | 1.07 | 1.40 |
| Debt / Assets | 0.29 | 0.28 | 0.26 | 0.30 | 0.34 | 0.38 |
| Debt / EBITDA | 1.84 | 1.80 | - | 1.67 | 1.73 | 1.98 |
| Interest coverage | 10.3x | 10.2x | -9.7x | 14.2x | 15.1x | 13.5x |
| Equity multiplier | 8.02 | 10.38 | 10.52 | 3.16 | 3.13 | 3.68 |
| Liabilities / Assets | 0.87 | 0.90 | 0.90 | 0.68 | 0.68 | 0.73 |
| Efficiency | ||||||
| Asset turnover | 0.66 | 0.62 | 0.65 | 0.74 | 0.75 | 0.68 |
| Inventory turnover | 4.09 | 3.91 | 3.83 | 3.58 | 3.77 | 3.92 |
| Days sales outstanding | 52d | 47d | 53d | 48d | 48d | 53d |
| Days inventory outstanding | 89d | 93d | 95d | 102d | 97d | 93d |
| Days payable outstanding | 66d | 67d | 64d | 60d | 58d | 56d |
| Cash conversion cycle | 75d | 74d | 84d | 90d | 87d | 90d |
| Valuation | ||||||
| P / E | 26.7x | 17.1x | - | 11.8x | 17.6x | 18.9x |
| P / B | 18.4x | 18.6x | 10.5x | 3.9x | 5.8x | 6.6x |
| P / S | 3.5x | 2.9x | 1.5x | 1.7x | 2.5x | 2.6x |
| EV / EBITDA | 15.6x | 12.4x | - | 8.5x | 11.1x | 11.4x |
| Growth | ||||||
| Revenue growth (YoY) | 1.5% | -24.8% | -4.5% | -3.2% | 9.9% | 0.1% |
| Revenue CAGR (3y) | -10.0% | -11.4% | 0.5% | 2.1% | 5.5% | 2.2% |
| Revenue CAGR (5y) | -5.0% | -5.2% | 1.7% | 2.6% | 2.1% | 0.8% |
| Gross profit growth (YoY) | -1.7% | -28.7% | -5.3% | -9.4% | 6.3% | 3.9% |
| Operating income growth (YoY) | -4.0% | - | - | -11.3% | 2.9% | 16.0% |
| Net income growth (YoY) | -22.1% | - | - | -2.4% | 10.0% | 17.8% |
| EPS growth (YoY) | -20.5% | - | - | 0.6% | 9.4% | -1.0% |
| EPS CAGR (3y) | -11.0% | -3.7% | - | 2.9% | -1.6% | -0.8% |
| EPS CAGR (5y) | -5.0% | -0.7% | - | 1.4% | 0.7% | 0.4% |
| FCF growth (YoY) | 118.8% | -87.4% | 31.8% | -34.3% | -11.5% | 23.1% |
| FCF CAGR (5y) | -26.7% | -34.7% | 0.8% | -6.2% | 2.2% | 8.7% |
| Book value growth (YoY) | 22.4% | -20.1% | -67.3% | -2.2% | 16.9% | 27.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$24.58B totalSafety And Industrial Segment$11.38B · 46.3%
Transportation And Electronics Segment$8.27B · 33.7%
Consumer Segment$4.92B · 20.0%
Product / service
$24.58B totalPersonal Safety$3.54B · 14.4%
Electronics$2.91B · 11.8%
Commercial Branding And Transportation$2.60B · 10.6%
Industrial Adhesives And Tapes$2.27B · 9.2%
Automotive And Aerospace$1.90B · 7.7%
Home Improvement$1.49B · 6.0%
Electrical Markets$1.39B · 5.7%
Abrasives$1.34B · 5.5%
Home And Auto Care$1.20B · 4.9%
Automotive Aftermarket$1.18B · 4.8%
Industrial Specialties Division$1.17B · 4.8%
Packaging And Expression$1.13B · 4.6%
Consumer Safety And Well Being$1.11B · 4.5%
Advanced Materials$858.00M · 3.5%
Roofing Granules$490.00M · 2.0%
Geographic
$38.84B totalAmericas$13.58B · 35.0%
US$10.94B · 28.2%
Asia Pacific$7.09B · 18.3%
EMEA$4.27B · 11.0%
China And Hong Kong$2.95B · 7.6%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
2.09
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✗Cash flow > net income
- ✓Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Surgical & Medical Instruments & Apparatus
Comparing 3M CO against the 5 most active filers in the same SIC group.
Dividends
$3.02/share trailing 12 months · +5.6% YoY
| Ex-date | Per share |
|---|---|
| May 22, 2026 | $0.7800 |
| Feb 13, 2026 | $0.7800 |
| Nov 14, 2025 | $0.7300 |
| Aug 25, 2025 | $0.7300 |
| May 23, 2025 | $0.7300 |
| Feb 14, 2025 | $0.7300 |
| Nov 15, 2024 | $0.7000 |
| Aug 26, 2024 | $0.7000 |
| May 23, 2024 | $0.7000 |
| Feb 15, 2024 | $1.2625 |
| Nov 16, 2023 | $1.2542 |
| Aug 18, 2023 | $1.2542 |
| May 18, 2023 | $1.2542 |
| Feb 16, 2023 | $1.2542 |
| Nov 17, 2022 | $1.2458 |
| Aug 19, 2022 | $1.2458 |
| May 19, 2022 | $1.2458 |
| Feb 17, 2022 | $1.2458 |
| Nov 18, 2021 | $1.2375 |
| Aug 20, 2021 | $1.2375 |
| May 20, 2021 | $1.2375 |
| Feb 11, 2021 | $1.2375 |
| Nov 19, 2020 | $1.2291 |
| Aug 21, 2020 | $1.2291 |