3M revenue and financials
$163.19Change from previous close: +0.80%Absolute change: +$1.30
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 2,306 | 1,819 | 6,680 | 5,591 | 7,454 | 8,113 | 7,070 | 6,439 | 6,240 | 6,662 |
| Depreciation and amortization | 1,308 | 1,363 | 1,987 | 1,831 | 1,915 | 1,911 | 1,593 | 1,488 | 1,544 | 1,474 |
| Capital expenditure | -910 | -1,181 | -1,615 | -1,749 | -1,603 | -1,501 | -1,699 | -1,577 | -1,373 | -1,420 |
| Investing cash flow | 1,350 | -3,206 | -1,207 | -1,046 | -1,317 | — | — | — | — | — |
| Financing cash flow | -4,016 | 1,098 | -3,147 | -5,350 | -6,145 | — | — | — | — | — |
| Dividends paid | -1,562 | -1,982 | -3,311 | -3,369 | -3,420 | -3,388 | -3,316 | -3,193 | -2,803 | -2,678 |
| Share repurchases | -3,251 | -1,801 | -33.0 | -1,464 | -2,199 | -368 | -1,407 | -4,870 | -2,068 | -3,753 |
| Debt issued | 1,099 | 8,367 | 3,040 | 341 | 1.0 | — | — | — | — | — |
| Debt repaid | -1,815 | -2,861 | -3,086 | -1,179 | -1,146 | — | — | — | — | — |
| Effect of exchange rates | 41.0 | -44.0 | -48.0 | -104 | -62.0 | — | — | — | — | — |
| Net change in cash | -365 | -333 | 2,278 | -909 | -70.0 | — | — | — | — | — |
| Free cash flow | 1,396 | 638 | 5,065 | 3,842 | 5,851 | — | — | — | — | — |
| Levered free cash flow | 1,260 | 1,655 | -1,837 | 1,344 | 5,020 | — | — | — | — | — |