3M Company (MMM)
Growth
Revenue 5Y2.68%
Revenue 3Y2.78%
EPS 5Y4.65%
EPS 3Y8.82%
Dividend 5Y4.88%
Dividend 3Y1.18%
Capital Efficiency
ROIC17.71%
ROE40.17%
ROA12.44%
ROTA12.44%
Capital Structure
Market Cap62.42B
EV74.97B
Cash3.65B
Current Ratio1.54
Debt/Equity0.68
Net Debt/EBITDA1.55
MMM
Income Statement
Select a metric from the list below to chart it
Dec '85
Dec '92
Dec '99
Dec '06
Dec '13
Dec '20
| Income Statement | Dec '13 | Dec '14 | Dec '15 | Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 30,871.0 | 31,821.0 | 30,274.0 | 30,109.0 | 31,657.0 | 32,765.0 | 32,136.0 | 32,184.0 | 35,355.0 | 34,229.0 | |
| Revenue % Chg. | 3.2% | 3.1% | -4.9% | -0.5% | 5.1% | 3.5% | -1.9% | 0.1% | 9.9% | -3.2% | |
| Cost of Revenue | 16,106.0 | 16,447.0 | 15,383.0 | 15,040.0 | 16,001.0 | 16,682.0 | 17,136.0 | 16,605.0 | 18,795.0 | 19,232.0 | |
| Cost of Revenue % Chg. | 2.7% | 2.1% | -6.5% | -2.2% | 6.4% | 4.3% | 2.7% | -3.1% | 13.2% | 2.3% | |
| Gross Profit | 14,765.0 | 15,374.0 | 14,891.0 | 15,069.0 | 15,656.0 | 16,083.0 | 15,000.0 | 15,579.0 | 16,560.0 | 14,997.0 | |
| Gross Profit % Chg. | 3.8% | 4.1% | -3.1% | 1.2% | 3.9% | 2.7% | -6.7% | 3.9% | 6.3% | -9.4% | |
| Gross Profit Margin | 47.8% | 48.3% | 49.2% | 50.0% | 49.5% | 49.1% | 46.7% | 48.4% | 46.8% | 43.8% | |
| Gross Profit Margin % Chg. | 0.6% | 1.0% | 1.8% | 1.7% | -1.2% | -0.7% | -4.9% | 3.7% | -3.2% | -6.5% | |
| R&D Expenses | 1,715.0 | 1,770.0 | 1,763.0 | 1,735.0 | 1,850.0 | 1,821.0 | 1,911.0 | 1,878.0 | 1,994.0 | 1,862.0 | |
| R&D Expenses % Chg. | 5.0% | 3.2% | -0.4% | -1.6% | 6.6% | -1.6% | 4.9% | -1.7% | 6.2% | -6.6% | |
| Selling, General, & Admin Expenses | 6,384.0 | 6,469.0 | 6,182.0 | 6,111.0 | 6,572.0 | 7,529.0 | 6,961.0 | 6,879.0 | 6,900.0 | 9,049.0 | |
| Selling, General, & Admin Expenses % Chg. | 4.6% | 1.3% | -4.4% | -1.1% | 7.5% | 14.6% | -7.5% | -1.2% | 0.3% | 31.1% | |
| Other Expenses | - | - | - | - | - | 73.0 | 68.0 | - | - | - | |
| Other Expenses % Chg. | - | - | - | - | - | - | -6.8% | - | - | - | |
| Operating Income | 6,666.0 | 7,135.0 | 6,946.0 | 7,223.0 | 7,820.0 | 7,207.0 | 6,174.0 | 7,161.0 | 7,369.0 | 6,539.0 | |
| Operating Income % Chg. | 2.8% | 7.0% | -2.6% | 4.0% | 8.3% | -7.8% | -14.3% | 16.0% | 2.9% | -11.3% | |
| Operating Income Margin | 21.6% | 22.4% | 22.9% | 24.0% | 24.7% | 22.0% | 19.2% | 22.3% | 20.8% | 19.1% | |
| Operating Income Margin % Chg. | -0.4% | 3.8% | 2.3% | 4.6% | 3.0% | -11.0% | -12.7% | 15.8% | -6.3% | -8.3% | |
| Total Other Income/Expenses Net | -104.0 | -109.0 | -123.0 | -170.0 | -272.0 | -207.0 | -462.0 | -450.0 | -165.0 | -147.0 | |
| Total Other Income/Expenses Net % Chg. | 21.2% | 4.8% | 12.8% | 38.2% | 60.0% | 23.9% | 123.2% | 2.6% | 63.3% | 10.9% | |
| Income Before Tax | 6,562.0 | 7,026.0 | 6,823.0 | 7,053.0 | 7,548.0 | 7,000.0 | 5,712.0 | 6,711.0 | 7,204.0 | 6,392.0 | |
| Income Before Tax % Chg. | 3.3% | 7.1% | -2.9% | 3.4% | 7.0% | -7.3% | -18.4% | 17.5% | 7.3% | -11.3% | |
| Income Before Tax Margin | 21.3% | 22.1% | 22.5% | 23.4% | 23.8% | 21.4% | 17.8% | 20.9% | 20.4% | 18.7% | |
| Income Before Tax Margin % Chg. | 0.1% | 3.9% | 2.1% | 3.9% | 1.8% | -10.4% | -16.8% | 17.3% | -2.3% | -8.4% | |
| Income Tax Expense | 1,841.0 | 2,028.0 | 1,982.0 | 1,995.0 | 2,679.0 | 1,637.0 | 1,130.0 | 1,318.0 | 1,285.0 | 612.0 | |
| Income Tax Expense % Chg. | 0.1% | 10.2% | -2.3% | 0.7% | 34.3% | -38.9% | -31.0% | 16.6% | -2.5% | -52.4% | |
| Net Income | 4,659.0 | 4,956.0 | 4,833.0 | 5,050.0 | 4,858.0 | 5,349.0 | 4,570.0 | 5,384.0 | 5,921.0 | 5,777.0 | |
| Net Income % Chg. | 4.8% | 6.4% | -2.5% | 4.5% | -3.8% | 10.1% | -14.6% | 17.8% | 10.0% | -2.4% | |
| Net Income Margin | 15.1% | 15.6% | 16.0% | 16.8% | 15.3% | 16.3% | 14.2% | 16.7% | 16.7% | 16.9% | |
| Net Income Margin % Chg. | 1.6% | 3.2% | 2.5% | 5.1% | -8.5% | 6.4% | -12.9% | 17.6% | 0.1% | 0.8% | |
| Weighted Avg. Shares Out | 681.9 | 649.2 | 625.6 | 604.7 | 597.5 | 588.5 | 577.0 | 577.6 | 579.0 | 566.0 | |
| Weighted Avg. Shares Out % Chg. | -1.7% | -4.8% | -3.6% | -3.3% | -1.2% | -1.5% | -2.0% | 0.1% | 0.2% | -2.2% | |
| EPS | 6.8 | 7.6 | 7.7 | 8.4 | 8.1 | 9.1 | 7.9 | 9.3 | 10.2 | 10.2 | |
| EPS % Chg. | 6.7% | 11.7% | 1.2% | 8.2% | -2.6% | 11.8% | -12.9% | 17.7% | 9.8% | -0.2% | |
| Weighted Avg. Shares Out Dil | 693.6 | 662.0 | 637.2 | 618.7 | 612.7 | 602.0 | 585.1 | 582.2 | 585.3 | 567.6 | |
| Weighted Avg. Shares Out Dil % Chg. | -1.4% | -4.6% | -3.7% | -2.9% | -1.0% | -1.7% | -2.8% | -0.5% | 0.5% | -3.0% | |
| EPS Diluted | 6.7 | 7.5 | 7.6 | 8.2 | 7.9 | 8.9 | 7.8 | 9.3 | 10.1 | 10.2 | |
| EPS Diluted % Chg. | 6.3% | 11.5% | 1.2% | 7.7% | -2.8% | 12.1% | -12.1% | 18.4% | 9.4% | 0.6% | |
| Interest Income | 41.0 | 33.0 | 26.0 | 29.0 | 50.0 | 70.0 | 80.0 | 29.0 | 26.0 | - | |
| Interest Income % Chg. | 5.1% | -19.5% | -21.2% | 11.5% | 72.4% | 40.0% | 14.3% | -63.7% | -10.3% | - | |
| Interest Expense | 145.0 | 142.0 | 149.0 | 199.0 | 322.0 | 350.0 | 448.0 | 529.0 | 488.0 | - | |
| Interest Expense % Chg. | -15.2% | -2.1% | 4.9% | 33.6% | 61.8% | 8.7% | 28.0% | 18.1% | -7.8% | - | |
| EBIT | 6,458.0 | 6,917.0 | 6,700.0 | 6,883.0 | 7,276.0 | 6,720.0 | 5,344.0 | 6,211.0 | 6,742.0 | 6,392.0 | |
| EBIT % Chg. | 3.8% | 7.1% | -3.1% | 2.7% | 5.7% | -7.6% | -20.5% | 16.2% | 8.5% | -5.2% | |
| EBIT Margin | 20.9% | 21.7% | 22.1% | 22.9% | 23.0% | 20.5% | 16.6% | 19.3% | 19.1% | 18.7% | |
| EBIT Margin % Chg. | 0.6% | 3.9% | 1.8% | 3.3% | 0.5% | -10.8% | -18.9% | 16.1% | -1.2% | -2.1% | |
| Depreciation & Amortization | 1,371.0 | 1,408.0 | 1,435.0 | 1,474.0 | 1,544.0 | 1,488.0 | 1,593.0 | 1,911.0 | 1,915.0 | - | |
| Depreciation & Amortization % Chg. | 6.4% | 2.7% | 1.9% | 2.7% | 4.7% | -3.6% | 7.1% | 20.0% | 0.2% | - | |
| EBITDA | 7,829.0 | 8,325.0 | 8,135.0 | 8,357.0 | 8,820.0 | 8,208.0 | 6,937.0 | 8,122.0 | 8,657.0 | 6,392.0 | |
| EBITDA % Chg. | 4.3% | 6.3% | -2.3% | 2.7% | 5.5% | -6.9% | -15.5% | 17.1% | 6.6% | -26.2% | |
| EBITDA Margin | 25.4% | 26.2% | 26.9% | 27.8% | 27.9% | 25.1% | 21.6% | 25.2% | 24.5% | 18.7% | |
| EBITDA Margin % Chg. | 1.0% | 3.2% | 2.7% | 3.3% | 0.4% | -10.1% | -13.8% | 16.9% | -3.0% | -23.7% |