
3M Co
NYSE:MMM

Income Statement
Earnings Waterfall
3M Co
Revenue
|
24.5B
USD
|
Cost of Revenue
|
-14.4B
USD
|
Gross Profit
|
10.1B
USD
|
Operating Expenses
|
-5.1B
USD
|
Operating Income
|
5B
USD
|
Other Expenses
|
-655m
USD
|
Net Income
|
4.4B
USD
|
Income Statement
3M Co
Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Interest Expense |
195
|
0
|
123
|
119
|
72
|
110
|
156
|
199
|
197
|
213
|
220
|
418
|
455
|
489
|
517
|
350
|
364
|
377
|
393
|
448
|
462
|
498
|
525
|
519
|
527
|
511
|
500
|
477
|
469
|
476
|
465
|
462
|
472
|
488
|
686
|
941
|
1 159
|
1 337
|
1 309
|
1 191
|
1 105
|
|
Revenue |
31 568
N/A
|
31 120
-1%
|
30 695
-1%
|
30 274
-1%
|
30 105
-1%
|
30 081
0%
|
30 078
0%
|
30 109
+0%
|
30 385
+1%
|
30 533
+0%
|
30 996
+2%
|
31 657
+2%
|
32 250
+2%
|
32 830
+2%
|
32 810
0%
|
32 765
0%
|
32 350
-1%
|
32 131
-1%
|
31 970
-1%
|
32 136
+1%
|
32 348
+1%
|
31 353
-3%
|
31 712
+1%
|
32 184
+1%
|
32 960
+2%
|
34 734
+5%
|
35 326
+2%
|
35 355
+0%
|
35 333
0%
|
35 085
-1%
|
34 762
-1%
|
34 229
-2%
|
33 431
-2%
|
33 054
-1%
|
32 747
-1%
|
24 610
-25%
|
30 666
+25%
|
28 596
-7%
|
26 578
-7%
|
24 575
-8%
|
24 513
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(16 228)
|
(15 905)
|
(15 565)
|
(15 341)
|
(15 198)
|
(15 138)
|
(15 112)
|
(15 115)
|
(15 320)
|
(15 458)
|
(15 671)
|
(15 976)
|
(16 325)
|
(16 604)
|
(16 704)
|
(16 657)
|
(16 729)
|
(16 801)
|
(16 823)
|
(17 064)
|
(16 888)
|
(16 405)
|
(16 526)
|
(16 541)
|
(16 956)
|
(17 859)
|
(18 403)
|
(18 776)
|
(19 078)
|
(19 463)
|
(19 341)
|
(19 229)
|
(19 000)
|
(18 466)
|
(18 317)
|
(14 894)
|
(17 262)
|
(16 272)
|
(15 324)
|
(14 417)
|
(14 411)
|
|
Gross Profit |
15 340
N/A
|
15 215
-1%
|
15 130
-1%
|
14 933
-1%
|
14 907
0%
|
14 943
+0%
|
14 966
+0%
|
14 994
+0%
|
15 065
+0%
|
15 075
+0%
|
15 325
+2%
|
15 681
+2%
|
15 925
+2%
|
16 226
+2%
|
16 106
-1%
|
16 108
+0%
|
15 621
-3%
|
15 330
-2%
|
15 147
-1%
|
15 072
0%
|
15 460
+3%
|
14 948
-3%
|
15 186
+2%
|
15 643
+3%
|
16 004
+2%
|
16 875
+5%
|
16 923
+0%
|
16 579
-2%
|
16 255
-2%
|
15 622
-4%
|
15 421
-1%
|
15 000
-3%
|
14 431
-4%
|
14 588
+1%
|
14 430
-1%
|
9 716
-33%
|
13 404
+38%
|
12 324
-8%
|
11 254
-9%
|
10 158
-10%
|
10 102
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(8 182)
|
(8 076)
|
(8 004)
|
(7 871)
|
(7 903)
|
(7 913)
|
(7 912)
|
(8 075)
|
(8 225)
|
(8 310)
|
(8 457)
|
(8 483)
|
(9 452)
|
(9 542)
|
(9 414)
|
(9 313)
|
(8 679)
|
(8 566)
|
(8 487)
|
(8 766)
|
(8 621)
|
(8 570)
|
(8 804)
|
(8 676)
|
(8 690)
|
(8 900)
|
(9 019)
|
(9 086)
|
(9 111)
|
(10 467)
|
(10 546)
|
(10 855)
|
(10 652)
|
(9 365)
|
(9 108)
|
(5 526)
|
(7 672)
|
(6 839)
|
(5 985)
|
(5 149)
|
(5 086)
|
|
Selling, General & Administrative |
(6 401)
|
(6 305)
|
(6 238)
|
(6 120)
|
(6 049)
|
(6 062)
|
(6 063)
|
(6 311)
|
(6 435)
|
(6 487)
|
(6 593)
|
(6 621)
|
(7 580)
|
(7 676)
|
(7 586)
|
(7 497)
|
(6 872)
|
(6 758)
|
(6 666)
|
(6 892)
|
(6 712)
|
(6 709)
|
(6 931)
|
(6 813)
|
(6 844)
|
(6 973)
|
(7 073)
|
(7 109)
|
(7 180)
|
(8 480)
|
(8 665)
|
(9 001)
|
(8 804)
|
(7 539)
|
(7 314)
|
(4 403)
|
(6 086)
|
(5 428)
|
(4 735)
|
(4 079)
|
(3 975)
|
|
Research & Development |
(1 781)
|
(1 771)
|
(1 766)
|
(1 751)
|
(1 738)
|
(1 737)
|
(1 735)
|
(1 764)
|
(1 790)
|
(1 823)
|
(1 864)
|
(1 862)
|
(1 872)
|
(1 866)
|
(1 828)
|
(1 816)
|
(1 807)
|
(1 808)
|
(1 821)
|
(1 874)
|
(1 934)
|
(1 893)
|
(1 911)
|
(1 863)
|
(1 846)
|
(1 927)
|
(1 946)
|
(1 977)
|
(1 931)
|
(1 902)
|
(1 881)
|
(1 854)
|
(1 848)
|
(1 826)
|
(1 794)
|
(1 123)
|
(1 586)
|
(1 411)
|
(1 250)
|
(1 070)
|
(1 111)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
(116)
|
(114)
|
(114)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
25
|
32
|
38
|
0
|
0
|
0
|
0
|
0
|
0
|
(85)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
7 158
N/A
|
7 139
0%
|
7 126
0%
|
7 062
-1%
|
7 004
-1%
|
7 030
+0%
|
7 054
+0%
|
6 919
-2%
|
6 840
-1%
|
6 765
-1%
|
6 868
+2%
|
7 198
+5%
|
6 473
-10%
|
6 684
+3%
|
6 692
+0%
|
6 795
+2%
|
6 942
+2%
|
6 764
-3%
|
6 660
-2%
|
6 306
-5%
|
6 839
+8%
|
6 378
-7%
|
6 382
+0%
|
6 967
+9%
|
7 314
+5%
|
7 975
+9%
|
7 904
-1%
|
7 493
-5%
|
7 144
-5%
|
5 155
-28%
|
4 875
-5%
|
4 145
-15%
|
3 779
-9%
|
5 223
+38%
|
5 322
+2%
|
4 190
-21%
|
5 732
+37%
|
5 485
-4%
|
5 269
-4%
|
5 009
-5%
|
5 016
+0%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(117)
|
(106)
|
(128)
|
(125)
|
(138)
|
(141)
|
(148)
|
(173)
|
(164)
|
(175)
|
(176)
|
(361)
|
(390)
|
(422)
|
(448)
|
(278)
|
(303)
|
(494)
|
(514)
|
(530)
|
(559)
|
(432)
|
(472)
|
(490)
|
(504)
|
(489)
|
(477)
|
(451)
|
(439)
|
(443)
|
(421)
|
(395)
|
(373)
|
(352)
|
(494)
|
(691)
|
(837)
|
193
|
836
|
825
|
1 223
|
|
Non-Reccuring Items |
0
|
0
|
0
|
(114)
|
0
|
0
|
0
|
111
|
140
|
502
|
502
|
583
|
578
|
617
|
617
|
410
|
394
|
(155)
|
(49)
|
(168)
|
(174)
|
361
|
255
|
184
|
167
|
(263)
|
(313)
|
(135)
|
(128)
|
0
|
2 648
|
2 394
|
2 360
|
(8 152)
|
(15 061)
|
(14 879)
|
(14 952)
|
(4 475)
|
(289)
|
(187)
|
(97)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
196
|
228
|
259
|
292
|
128
|
115
|
105
|
91
|
73
|
90
|
104
|
123
|
35
|
106
|
109
|
111
|
134
|
175
|
217
|
257
|
297
|
285
|
272
|
257
|
248
|
212
|
176
|
142
|
109
|
109
|
(718)
|
(756)
|
(828)
|
(867)
|
|
Pre-Tax Income |
7 041
N/A
|
7 033
0%
|
6 998
0%
|
6 823
-3%
|
6 866
+1%
|
6 889
+0%
|
6 906
+0%
|
7 053
+2%
|
7 044
0%
|
7 351
+4%
|
7 486
+2%
|
7 548
+1%
|
6 776
-10%
|
6 984
+3%
|
6 952
0%
|
7 000
+1%
|
7 123
+2%
|
6 219
-13%
|
6 220
+0%
|
5 643
-9%
|
6 212
+10%
|
6 416
+3%
|
6 276
-2%
|
6 795
+8%
|
7 152
+5%
|
7 440
+4%
|
7 371
-1%
|
7 204
-2%
|
6 862
-5%
|
4 984
-27%
|
7 359
+48%
|
6 392
-13%
|
5 978
-6%
|
(3 105)
N/A
|
(10 091)
-225%
|
(11 271)
-12%
|
(9 948)
+12%
|
485
N/A
|
5 060
+943%
|
4 819
-5%
|
5 275
+9%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2 067)
|
(2 039)
|
(2 017)
|
(1 982)
|
(1 948)
|
(1 981)
|
(1 965)
|
(1 995)
|
(1 938)
|
(1 953)
|
(1 986)
|
(1 917)
|
(1 648)
|
(1 579)
|
(1 434)
|
(1 461)
|
(1 514)
|
(1 341)
|
(1 300)
|
(1 114)
|
(1 213)
|
(1 245)
|
(1 258)
|
(1 337)
|
(1 378)
|
(1 446)
|
(1 379)
|
(1 285)
|
(1 268)
|
(830)
|
(777)
|
(612)
|
(520)
|
1 641
|
2 693
|
2 867
|
2 681
|
294
|
(835)
|
(804)
|
(849)
|
|
Income from Continuing Operations |
4 974
|
4 994
|
4 981
|
4 841
|
4 918
|
4 908
|
4 941
|
5 058
|
5 106
|
5 398
|
5 500
|
5 631
|
5 128
|
5 405
|
5 518
|
5 539
|
5 609
|
4 878
|
4 920
|
4 529
|
4 999
|
5 171
|
5 018
|
5 458
|
5 774
|
5 994
|
5 992
|
5 919
|
5 594
|
4 154
|
6 582
|
5 780
|
5 458
|
(1 464)
|
(7 398)
|
(8 404)
|
(7 267)
|
779
|
4 225
|
4 015
|
4 426
|
|
Income to Minority Interest |
(26)
|
(13)
|
(7)
|
(8)
|
(9)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(10)
|
(11)
|
(12)
|
(15)
|
(14)
|
(14)
|
(12)
|
(11)
|
(13)
|
(12)
|
(12)
|
(5)
|
(4)
|
(4)
|
(5)
|
(9)
|
(8)
|
(8)
|
(9)
|
(12)
|
(13)
|
(14)
|
(15)
|
(16)
|
(16)
|
(16)
|
(16)
|
(17)
|
(17)
|
(15)
|
(16)
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(5)
|
(4)
|
(2)
|
3
|
10
|
11
|
8
|
6
|
11
|
11
|
15
|
15
|
18
|
17
|
17
|
18
|
9
|
10
|
|
Net Income (Common) |
4 948
N/A
|
4 981
+1%
|
4 974
0%
|
4 833
-3%
|
4 909
+2%
|
4 900
0%
|
4 933
+1%
|
5 050
+2%
|
5 098
+1%
|
5 390
+6%
|
5 490
+2%
|
4 858
-12%
|
4 137
-15%
|
4 411
+7%
|
4 525
+3%
|
5 349
+18%
|
5 638
+5%
|
4 908
-13%
|
4 948
+1%
|
4 517
-9%
|
4 987
+10%
|
5 166
+4%
|
5 013
-3%
|
5 449
+9%
|
5 765
+6%
|
5 983
+4%
|
5 987
+0%
|
5 921
-1%
|
5 596
-5%
|
4 150
-26%
|
6 575
+58%
|
5 777
-12%
|
5 454
-6%
|
(1 465)
N/A
|
(7 399)
-405%
|
(6 995)
+5%
|
(7 043)
-1%
|
943
N/A
|
4 390
+366%
|
4 173
-5%
|
4 361
+5%
|
|
EPS (Diluted) |
7.62
N/A
|
7.74
+2%
|
7.88
+2%
|
7.58
-4%
|
7.9
+4%
|
7.89
0%
|
7.97
+1%
|
8.16
+2%
|
8.33
+2%
|
8.79
+6%
|
8.95
+2%
|
7.92
-12%
|
6.75
-15%
|
7.3
+8%
|
7.56
+4%
|
8.88
+17%
|
9.58
+8%
|
8.37
-13%
|
8.48
+1%
|
7.72
-9%
|
8.57
+11%
|
8.88
+4%
|
8.62
-3%
|
9.36
+9%
|
9.83
+5%
|
10.16
+3%
|
10.22
+1%
|
10.12
-1%
|
9.73
-4%
|
7.24
-26%
|
11.53
+59%
|
10.18
-12%
|
9.85
-3%
|
-2.64
N/A
|
-13.35
-406%
|
-12.62
+5%
|
-12.68
0%
|
1.69
N/A
|
7.94
+370%
|
7.55
-5%
|
7.96
+5%
|