3M Company (MMM) Financial Statements

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3M financial statements at a glance

3M reported revenue of $24.95 billion for fiscal year 2025 (ended December 31, 2025), up 1.5% from fiscal year 2024. Net income was $3.25 billion, a net margin of 13.0%.

At the end of fiscal year 2025 it had total assets of $37.73 billion, total liabilities of $33.03 billion and shareholders' equity of $4.70 billion, with total debt of $12.60 billion.

Its operations brought in $2.26 billion of cash.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

MMM logo

3M Company

MMMUnited States
Non-Energy Raw Materials
USD (Local)

Income Statement

Annual • USD

Revenue
24.95B
Prev Year: 24.57B
YoY: +1.5%
Tax Effect of Unusual Items
-
Cost of Revenue
14.99B
Prev Year: 14.42B
YoY: +4.0%
Tax Rate for Calcs
-
Gross Profit
9.96B
Prev Year: 10.16B
YoY: -2.0%
Normalized EBITDA
-
SG&A Expenses
3.98B
Prev Year: 4.08B
YoY: -2.5%
Total Unusual Items
-
R&D Expense
1.17B
Prev Year: 1.07B
YoY: +9.3%
Total Unusual Items Excluding Goodwill
-
Operating Expenses
20.32B
Prev Year: 19.75B
YoY: +2.9%
Net Income from Continuing Operation Net Minority Interest
-
Operating Income
4.63B
Prev Year: 4.82B
YoY: -4.0%
Reconciled Depreciation
-
Interest Inc.(Exp.),Net-Non-Op., Total
-312.00M
Prev Year: 825.00M
YoY: -137.8%
Reconciled Cost of Revenue
-
Other, Net
-104.00M
Prev Year: -828.00M
YoY: +87.4%
EBITDA
-
Net Income Before Taxes
4.21B
Prev Year: 4.82B
YoY: -12.6%
EBIT
-
Provision for Income Taxes
1.00B
Prev Year: 804.00M
YoY: +24.8%
Net Interest Income
-
Net Income After Taxes
3.21B
Prev Year: 4.01B
YoY: -20.0%
Interest Expense
-
Equity In Affiliates
52.00M
Prev Year: 9.00M
YoY: +477.8%
Interest Income
-
Net Income Before Extra. Items
3.25B
Prev Year: 4.01B
YoY: -18.9%
Normalized Income
-
Net Income
3.25B
Prev Year: 4.17B
YoY: -22.1%
Total Extraordinary Items
-
Prev Year: 164.00M
Net Income from Continuing and Discontinued Operation
-
Income Available to Com Excl ExtraOrd
3.25B
Prev Year: 4.01B
YoY: -18.9%
Total Expenses
-
Income Available to Com Incl ExtraOrd
3.25B
Prev Year: 4.17B
YoY: -22.1%
Total Operating Income as Reported
-
Diluted Net Income
3.25B
Prev Year: 4.17B
YoY: -22.1%
Weighted Average Shares (diluted)
-
Diluted Weighted Average Shares
541.30M
Prev Year: 552.40M
YoY: -2.0%
Weighted Average Shares (basic)
-
Diluted EPS Excluding ExtraOrd Items
6.004
Prev Year: 7.257
YoY: -17.3%
Diluted EPS
-
DPS - Common Stock Primary Issue
2.92
Prev Year: 3.61
YoY: -19.1%
Basic EPS
-
Diluted Normalized EPS
8.84
Prev Year: 10.474
YoY: -15.6%
Diluted NI Available to Com Stockholders
-
Unusual Expense (Income)
183.00M
Prev Year: 187.00M
YoY: -2.1%
Net Income Common Stockholders
-
Minority Interest
-12.00M
Prev Year: -15.00M
YoY: +20.0%
Values in USD

3M key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$24.9B$24.6B$24.6B$26.2B$35.4B
Gross profit$10.0B$10.2B$9.7B$10.3B$16.6B
Operating income$4.6B$4.8B-$10.7B$4.4B$7.4B
Net income$3.3B$4.2B-$7.0B$5.8B$5.9B
Diluted EPS––––$10.12
Total assets$37.7B$39.9B$50.6B$46.5B$47.1B
Total liabilities$33.0B$36.0B$45.8B$31.7B$32.0B
Shareholders' equity$4.7B$3.8B$4.8B$14.7B$15.0B
Cash––––$4.6B
Total debt$12.6B$13.1B$16.1B$16.0B$18.3B
Operating cash flow$2.3B$1.8B$6.7B$5.6B$7.5B
Capital spending––––$1.6B
Free cash flow––––$5.9B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.

Questions and answers

What was 3M's revenue in fiscal year 2025?

$24.95 billion, up 1.5% from $24.58 billion in fiscal year 2024.

How much profit does 3M make?

3M reported net income of $3.25 billion for fiscal year 2025 (13.0% of revenue); operating income was $4.63 billion.

How much cash and debt does 3M have?

At the end of fiscal year 2025: total debt of $12.60 billion.

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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