3M Corp Financials
This page shows 3M Corp (MMM) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 19 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
3M Corp has an operating margin of 18.6%, meaning the company retains $19 of operating profit per $100 of revenue. This strong profitability earns a score of 93/100, reflecting efficient cost management and pricing power. This is down from 19.6% the prior year.
3M Corp's revenue grew a modest 1.5% year-over-year to $24.9B. This slow but positive growth earns a score of 33/100.
3M Corp has elevated debt relative to equity (D/E of 2.33), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 25/100, reflecting increased financial risk.
3M Corp's current ratio of 1.71 indicates adequate short-term liquidity, earning a score of 48/100. The company can meet its near-term obligations, though with limited headroom.
3M Corp's free cash flow margin of 5.6% results in a low score of 28/100. Capital expenditures of $910.0M absorb a large share of operating cash flow.
3M Corp earns a strong 69.1% return on equity (ROE), meaning it generates $69 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100. This is down from 108.6% the prior year.
3M Corp scores 4.35, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
3M Corp passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, 3M Corp generates $0.71 in operating cash flow ($2.3B OCF vs $3.3B net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
3M Corp earns $10.3 in operating income for every $1 of interest expense ($4.6B vs $448.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
3M Corp generated $24.9B in revenue in fiscal year 2025. This represents an increase of 1.5% from the prior year.
3M Corp's EBITDA was $5.9B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 4.0% from the prior year.
3M Corp generated $1.4B in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 118.8% from the prior year.
3M Corp reported $3.3B in net income in fiscal year 2025. This represents a decrease of 22.1% from the prior year.
3M Corp earned $6.00 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 20.5% from the prior year.
3M Corp held $5.2B in cash against $10.9B in long-term debt as of fiscal year 2025.
3M Corp paid $2.92 per share in dividends in fiscal year 2025. This represents a decrease of 19.1% from the prior year.
3M Corp had 527M shares outstanding in fiscal year 2025. This represents a decrease of 3.0% from the prior year.
3M Corp's gross margin was 39.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 1.3 percentage points from the prior year.
3M Corp's operating margin was 18.6% in fiscal year 2025, reflecting core business profitability. This is down 1.1 percentage points from the prior year.
3M Corp's net profit margin was 13.0% in fiscal year 2025, showing the share of revenue converted to profit. This is down 4.0 percentage points from the prior year.
3M Corp's ROE was 69.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 39.5 percentage points from the prior year.
3M Corp spent $3.3B on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 80.5% from the prior year.
3M Corp invested $910.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 22.9% from the prior year.
MMM Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.1B-5.9% | $6.5B+2.7% | $6.3B+6.6% | $6.0B-0.9% | $6.0B-4.5% | $6.3B+0.6% | $6.3B+4.0% | $6.0B |
| Cost of Revenue | $4.1B+7.5% | $3.8B+4.0% | $3.6B+4.8% | $3.5B-7.1% | $3.7B+2.7% | $3.6B+2.1% | $3.6B+2.5% | $3.5B |
| Gross Profit | $2.1B-24.5% | $2.7B+1.0% | $2.7B+9.0% | $2.5B+9.3% | $2.3B-14.4% | $2.6B-1.4% | $2.7B+6.0% | $2.5B |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $965.0M+17.7% | $820.0M-35.3% | $1.3B+34.1% | $945.0M+5.1% | $899.0M-15.3% | $1.1B-6.2% | $1.1B+0.4% | $1.1B |
| Operating Income | $796.0M-45.0% | $1.4B+26.9% | $1.1B-8.5% | $1.2B+14.8% | $1.1B-17.6% | $1.3B+3.5% | $1.3B+10.7% | $1.1B |
| Interest Expense | $108.0M-5.3% | $114.0M-1.7% | $116.0M+5.5% | $110.0M+131.5% | -$349.0M-406.1% | $114.0M-64.6% | $322.0M-16.4% | $385.0M |
| Income Tax | $185.0M-39.9% | $308.0M+25.7% | $245.0M-7.5% | $265.0M+703.0% | $33.0M-90.5% | $348.0M+71.4% | $203.0M-7.7% | $220.0M |
| Net Income | $577.0M-30.8% | $834.0M+15.4% | $723.0M-35.2% | $1.1B+53.3% | $728.0M-46.9% | $1.4B+19.8% | $1.1B+23.4% | $928.0M |
| EPS (Diluted) | $1.07-31.0% | $1.55+15.7% | $1.34-34.3% | $2.04+53.4% | $1.33-46.4% | $2.48+19.8% | $2.07+24.0% | $1.67 |
MMM Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $37.7B+0.3% | $37.6B-1.0% | $38.0B-4.9% | $40.0B+0.2% | $39.9B-2.5% | $40.9B-5.8% | $43.4B-21.5% | $55.2B |
| Current Assets | $16.4B+1.9% | $16.1B+19.8% | $13.4B-14.2% | $15.7B-1.4% | $15.9B-2.5% | $16.3B-16.5% | $19.5B-9.7% | $21.6B |
| Cash & Equivalents | $5.2B+12.1% | $4.7B+25.8% | $3.7B-41.3% | $6.3B+13.0% | $5.6B-7.4% | $6.0B-40.0% | $10.1B-7.6% | $10.9B |
| Inventory | $3.7B-6.0% | $3.9B-4.5% | $4.1B+5.4% | $3.9B+4.6% | $3.7B-8.4% | $4.0B-0.5% | $4.1B-17.1% | $4.9B |
| Accounts Receivable | $3.5B-6.5% | $3.8B+0.5% | $3.8B+7.4% | $3.5B+9.6% | $3.2B-9.5% | $3.5B-1.3% | $3.6B-24.7% | $4.8B |
| Goodwill | $6.4B0.0% | $6.4B-0.3% | $6.4B+1.5% | $6.3B+0.9% | $6.3B-1.8% | $6.4B+1.2% | $6.3B-50.7% | $12.8B |
| Total Liabilities | $33.0B+0.2% | $32.9B-2.1% | $33.6B-5.1% | $35.4B-1.5% | $36.0B-0.6% | $36.2B-8.1% | $39.4B-21.7% | $50.3B |
| Current Liabilities | $9.6B+9.9% | $8.7B+11.8% | $7.8B-17.4% | $9.5B-16.0% | $11.3B-1.2% | $11.4B-20.6% | $14.3B+9.0% | $13.2B |
| Long-Term Debt | $10.9B-7.8% | $11.9B-5.0% | $12.5B+1.4% | $12.3B+10.6% | $11.1B-1.7% | $11.3B-3.9% | $11.8B-42.8% | $20.6B |
| Total Equity | $4.7B+1.6% | $4.6B+7.9% | $4.3B-3.9% | $4.5B+16.2% | $3.8B-17.2% | $4.6B+18.5% | $3.9B-19.5% | $4.9B |
| Retained Earnings | $38.3B+0.4% | $38.1B+1.1% | $37.7B+0.7% | $37.4B+1.7% | $36.8B+0.9% | $36.5B+2.8% | $35.5B-5.3% | $37.5B |
MMM Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.6B-9.9% | $1.8B+284.1% | -$954.0M-1107.6% | -$79.0M-104.3% | $1.8B+201.7% | -$1.8B-275.0% | $1.0B+33.1% | $767.0M |
| Capital Expenditures | $248.0M+13.8% | $218.0M+4.8% | $208.0M-11.9% | $236.0M-18.9% | $291.0M+18.3% | $246.0M-8.6% | $269.0M-28.3% | $375.0M |
| Free Cash Flow | $1.3B-13.2% | $1.5B+232.4% | -$1.2B-268.9% | -$315.0M-120.6% | $1.5B+175.1% | -$2.0B-370.3% | $752.0M+91.8% | $392.0M |
| Investing Cash Flow | -$405.0M-187.1% | $465.0M+564.3% | $70.0M-94.3% | $1.2B+206.5% | -$1.1B+4.8% | -$1.2B-160.0% | -$463.0M-17.8% | -$393.0M |
| Financing Cash Flow | -$617.0M+48.9% | -$1.2B+31.7% | -$1.8B-319.2% | -$422.0M+60.9% | -$1.1B+0.5% | -$1.1B+20.1% | -$1.4B-129.4% | $4.6B |
| Dividends Paid | $387.0M-0.5% | $389.0M-0.3% | $390.0M-1.5% | $396.0M+4.8% | $378.0M-1.3% | $383.0M-0.8% | $386.0M-53.8% | $835.0M |
| Share Buybacks | $552.0M+16.9% | $472.0M-50.5% | $953.0M-25.2% | $1.3B+80.7% | $705.0M+4.4% | $675.0M+68.8% | $400.0M+1804.8% | $21.0M |
MMM Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 33.6%-8.3pp | 41.8%-0.7pp | 42.5%+0.9pp | 41.6%+3.9pp | 37.7%-4.4pp | 42.1%-0.9pp | 42.9%+0.8pp | 42.1% |
| Operating Margin | 13.0%-9.2pp | 22.2%+4.2pp | 18.0%-3.0pp | 20.9%+2.9pp | 18.1%-2.9pp | 20.9%+0.6pp | 20.3%+1.2pp | 19.1% |
| Net Margin | 9.4%-3.4pp | 12.8%+1.4pp | 11.4%-7.3pp | 18.7%+6.6pp | 12.1%-9.7pp | 21.8%+3.5pp | 18.3%+2.9pp | 15.4% |
| Return on Equity | 12.3%-5.8pp | 18.0%+1.2pp | 16.9%-8.1pp | 25.0%+6.0pp | 18.9%-10.6pp | 29.6%+0.3pp | 29.2%+10.2pp | 19.1% |
| Return on Assets | 1.5%-0.7pp | 2.2%+0.3pp | 1.9%-0.9pp | 2.8%+1.0pp | 1.8%-1.5pp | 3.4%+0.7pp | 2.6%+1.0pp | 1.7% |
| Current Ratio | 1.71-0.1 | 1.84+0.1 | 1.72+0.1 | 1.66+0.2 | 1.41-0.0 | 1.43+0.1 | 1.36-0.3 | 1.64 |
| Debt-to-Equity | 2.33-0.2 | 2.56-0.3 | 2.91+0.2 | 2.76-0.1 | 2.90+0.5 | 2.44-0.6 | 3.01-1.2 | 4.23 |
| FCF Margin | 21.8%-1.8pp | 23.6%+41.9pp | -18.3%-13.0pp | -5.3%-30.7pp | 25.4%+57.7pp | -32.3%-44.3pp | 12.0%+5.5pp | 6.5% |
Similar Companies
Frequently Asked Questions
What is 3M Corp's annual revenue?
3M Corp (MMM) reported $24.9B in total revenue for fiscal year 2025. This represents a 1.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is 3M Corp's revenue growing?
3M Corp (MMM) revenue grew by 1.5% year-over-year, from $24.6B to $24.9B in fiscal year 2025.
Is 3M Corp profitable?
Yes, 3M Corp (MMM) reported a net income of $3.3B in fiscal year 2025, with a net profit margin of 13.0%.
What is 3M Corp's earnings per share (EPS)?
3M Corp (MMM) reported diluted earnings per share of $6.00 for fiscal year 2025. This represents a -20.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is 3M Corp's EBITDA?
3M Corp (MMM) had EBITDA of $5.9B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does 3M Corp have?
As of fiscal year 2025, 3M Corp (MMM) had $5.2B in cash and equivalents against $10.9B in long-term debt.
What is 3M Corp's gross margin?
3M Corp (MMM) had a gross margin of 39.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is 3M Corp's operating margin?
3M Corp (MMM) had an operating margin of 18.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is 3M Corp's net profit margin?
3M Corp (MMM) had a net profit margin of 13.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does 3M Corp pay dividends?
Yes, 3M Corp (MMM) paid $2.92 per share in dividends during fiscal year 2025.
What is 3M Corp's return on equity (ROE)?
3M Corp (MMM) has a return on equity of 69.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is 3M Corp's free cash flow?
3M Corp (MMM) generated $1.4B in free cash flow during fiscal year 2025. This represents a 118.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is 3M Corp's operating cash flow?
3M Corp (MMM) generated $2.3B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are 3M Corp's total assets?
3M Corp (MMM) had $37.7B in total assets as of fiscal year 2025, including both current and long-term assets.
What are 3M Corp's capital expenditures?
3M Corp (MMM) invested $910.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Does 3M Corp buy back shares?
Yes, 3M Corp (MMM) spent $3.3B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
How many shares does 3M Corp have outstanding?
3M Corp (MMM) had 527M shares outstanding as of fiscal year 2025.
What is 3M Corp's current ratio?
3M Corp (MMM) had a current ratio of 1.71 as of fiscal year 2025, which is generally considered healthy.
What is 3M Corp's debt-to-equity ratio?
3M Corp (MMM) had a debt-to-equity ratio of 2.33 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is 3M Corp's return on assets (ROA)?
3M Corp (MMM) had a return on assets of 8.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is 3M Corp's Altman Z-Score?
3M Corp (MMM) has an Altman Z-Score of 4.35, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is 3M Corp's Piotroski F-Score?
3M Corp (MMM) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are 3M Corp's earnings high quality?
3M Corp (MMM) has an earnings quality ratio of 0.71x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can 3M Corp cover its interest payments?
3M Corp (MMM) has an interest coverage ratio of 10.3x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is 3M Corp?
3M Corp (MMM) scores 54 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.