3M revenue and financials
$162.63Change from previous close: +0.46%Absolute change: +$0.74
In the fiscal year ended December 2025, 3M reported revenue of $24.95B (+1.52% year over year). Net income was $3.25B, a net margin of 13.0%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +1.52%
- 2025 vs 2024
- Net income growth
- −22.12%
- 2025 vs 2024
- Net margin
- 13.0%
- 2024: 17.0%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 24,948 | 24,575 | 24,610 | 26,161 | 35,355 | 32,184 | 32,136 | 32,765 | 31,657 | 30,109 |
| Cost of revenue | 14,991 | 14,447 | 14,983 | 15,853 | 18,795 | 16,605 | 17,136 | 16,682 | 16,055 | 15,118 |
| Gross profit | 9,957 | 10,128 | 9,627 | 10,308 | — | — | — | — | — | — |
| Selling, general and administrative | 3,997 | 4,221 | 19,198 | 7,232 | — | — | — | — | — | — |
| Research and development | 1,169 | 700 | 700 | 800 | 1,200 | 1,100 | 1,253 | 1,253 | 1,352 | 1,248 |
| Operating income | 4,629 | 4,822 | -10,689 | 4,369 | 7,369 | 7,161 | 6,174 | 7,207 | 7,692 | 7,027 |
| EBIT | 5,159 | 6,010 | -10,330 | 4,666 | — | — | — | — | — | — |
| EBITDA | 6,467 | 7,373 | -8,343 | 6,497 | — | — | — | — | — | — |
| Interest expense | 946 | 1,191 | 942 | 462 | 488 | 529 | 448 | 350 | 322 | 199 |
| Pre-tax income | 4,213 | 4,819 | -11,271 | 4,204 | — | — | — | — | — | — |
| Income tax | 1,003 | 804 | -2,867 | 188 | 1,285 | 1,337 | 1,114 | 1,637 | 2,679 | 1,995 |
| Net income | 3,250 | 4,173 | -6,995 | 5,777 | 5,921 | 5,449 | 4,517 | 5,349 | 4,858 | 5,050 |
| Net income to common shareholders | 3,250 | 4,173 | -6,995 | 5,777 | — | — | — | — | — | — |
| Basic EPS | 6.05 | 7.58 | -12.63 | 10.21 | 10.23 | 9.43 | 7.83 | 9.09 | 8.13 | 8.35 |
| Diluted EPS | 6.00 | 7.55 | -12.63 | 10.18 | 10.12 | 9.36 | 7.72 | 8.89 | 7.93 | 8.16 |
| Average shares (basic) | 537 | 551 | 554 | 566 | — | — | — | — | — | — |
| Average shares (diluted) | 541 | 552 | 554 | 568 | 585 | 582 | 585 | 602 | 613 | 619 |