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
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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%