← 3M CO
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $30.1b |
$31.7b
+5.14%
|
$32.8b
+3.50%
|
$32.1b
-1.92%
|
$32.2b
+0.15%
|
$35.4b
+9.85%
|
$34.2b
-3.18%
|
$32.7b
-4.52%
|
$24.6b
-24.80%
|
$24.9b
+1.52%
|
$25.2b
+0.93%
|
|
| Cost of Goods and Services Sold | $15.0b |
$16.1b
+6.75%
|
$16.7b
+3.91%
|
$17.1b
+2.72%
|
$16.6b
-3.10%
|
$18.8b
+13.19%
|
$19.2b
+2.33%
|
$18.5b
-3.93%
|
$14.4b
-21.81%
|
$15.0b
+3.77%
|
$15.3b
+1.78%
|
|
| Gross Profit (Calculated) | $15.1b |
$15.6b
+3.54%
|
$16.1b
+3.08%
|
$15.0b
-6.73%
|
$15.6b
+3.86%
|
$16.6b
+6.30%
|
$15.0b
-9.44%
|
$14.2b
-5.29%
|
$10.1b
-28.70%
|
$10.0b
-1.69%
|
— | |
| Research and Development Expense | $1.2b | $1.4b | $1.3b | $1.3b | $1.1b | $1.2b | $1.1b | $1.0b | $700.0m | — | $1.2b | |
| Selling, General and Administrative Expense | $6.1b | $6.6b | $7.6b | $7.0b | $6.9b | $7.2b | $9.0b | $21.5b | $4.2b | $4.0b | $3.6b | |
| Amortization of Intangible Assets | $262.0m | $238.0m | $249.0m | $341.0m | $537.0m | $529.0m | $498.0m | $482.0m | $108.0m | $104.0m | — | |
| Operating Lease, Lease Income | — | — | — | — | $586.0m | $582.0m | $577.0m | $590.0m | — | — | — | |
| Operating expenses: | ||||||||||||
| Operating Income (Loss) | $7.2b |
$7.7b
+6.49%
|
$7.2b
-6.31%
|
$6.2b
-14.33%
|
$7.2b
+15.99%
|
$7.4b
+2.90%
|
$6.5b
-11.26%
|
($9.1b)
-239.59%
|
$4.8b
+152.83%
|
$4.6b
-4.00%
|
$5.1b
+10.74%
|
|
| Interest Expense | — | $322.0m | $350.0m | $448.0m | $529.0m | $488.0m | $462.0m | $942.0m | — | — | $870.0m | |
| Interest Expense, Debt | — | — | — | — | — | — | — | $566.0m | $472.0m | $448.0m | $870.0m | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($69.0m) | ($152.0m) | ($92.0m) | $201.0m | ($21.0m) | ($105.0m) | $127.0m | ($40.0m) | ($34.0m) | ($59.0m) | — | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $1.2b | $946.0m | $870.0m | |
| Income (Loss) from Equity Method Investments | — | — | — | — | ($5.0m) | $10.0m | $11.0m | — | — | — | — | |
| Interest and Other Income | — | $50.0m | $70.0m | $80.0m | $29.0m | $26.0m | $67.0m | $253.0m | $452.0m | $232.0m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $4.4b | $4.1b | $3.5b | $3.0b | $3.7b | $3.7b | $3.9b | ($12.1b) | $2.3b | $1.9b | $3.9b | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $7.1b | $7.5b | $7.0b | $5.7b | — | — | — | ($9.7b) | $4.8b | $4.2b | $3.9b | |
| Income Tax Expense (Benefit) | $2.0b | $2.7b | $1.6b | $1.1b | $1.3b | $1.3b | $612.0m | ($2.7b) | $804.0m | $1.0b | $897.0m | |
| Net Income (Loss) Attributable to Parent | $5.0b |
$4.9b
-3.80%
|
$5.3b
+10.11%
|
$4.6b
-14.56%
|
$5.4b
+17.81%
|
$5.9b
+9.97%
|
$5.8b
-2.43%
|
($7.0b)
-221.08%
|
$4.2b
+159.66%
|
$3.2b
-22.12%
|
$3.0b
-7.78%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $8.0m | $11.0m | $14.0m | $12.0m | $4.0m | $8.0m | $14.0m | $16.0m | $15.0m | $12.0m | $3.0b | |
| Earnings Per Share, Basic | $6.98 | $6.80 | $7.60 | $6.62 | $7.79 | $8.55 | $8.54 | ($10.56) | $7.58 | $6.05 | $5.67 | |
| Earnings Per Share, Diluted | $6.82 | $6.63 | $7.43 | $6.53 | $7.73 | $8.46 | $8.51 | ($10.56) | $7.55 | $6.00 | $5.63 | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | — | — | — | — | — | — | $7 | $6 | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | — | — | — | — | — | — | $7 | $6 | — | |
| Common Stock, Dividends, Per Share, Declared | $3.71 | $3.93 | $4.55 | $4.82 | $4.92 | $4.95 | $4.98 | $5.02 | $3.61 | $2.92 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 723.2m | 714.6m | 703.8m | 690.1m | 690.8m | 692.5m | 676.9m | 662.5m | 550.8m | 537.4m | 529.3m | |
| Weighted Average Number of Shares Outstanding, Diluted | 740.0m | 732.8m | 720.0m | 699.8m | 696.3m | 700.0m | 678.8m | 662.5m | 552.4m | 541.3m | 533.0m | |
| Additional Financial Items | ||||||||||||
| Costs and Expenses | $22.9b | $24.0b | $25.6b | $26.0b | $25.0b | $28.0b | $27.7b | $41.8b | $19.8b | $20.3b | — | |
| Goodwill, Impairment Loss | $0 | $0 | — | $0 | — | — | $271.0m | $0 | $0 | — | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | — | $4.0b | $3.2b | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | $5.4b | $5.9b | $5.8b | ($7.0b) | $4.0b | $3.2b | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | — | $164.0m | $0 | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.