3M COMPANY

EDGAR

Annual consolidated revenue for 2025: about USD 24.95B, using the latest reported figures. The previous period, 2024, was about USD 24.58B.

Watchlist

Latest quarter

Revenue

6.58 billion USD

2026 Q3 · USD

Exact inputs and evidence
  • Revenue: 6584000000 USD Source

Operating margin

23.66%

2026 Q3 · %

Exact inputs and evidence
  • Operating Income: 1558000000 USD Source
  • Revenue: 6584000000 USD Source

Operating cash flow

486 million USD

2026 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: 2046000000 USD Source
  • Operating Cash Flow: 1560000000 USD Source

Free cash flow

230 million USD

2026 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: 2046000000 USD Source
  • Operating Cash Flow: 1560000000 USD Source
  • Capital Expenditure: 704000000 USD Source
  • Capital Expenditure: 448000000 USD Source
Cash and cash equivalents
2.17 billion Unit12 Source
Exact value

2173000000 Unit12

Long-term debt including current maturities
15 billion USD Source
Exact value

14994000000 USD

Shares outstanding
517 million shares Source
Exact value

516729574 shares

Reported share-count change

-2.73% · -14.5 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 531225048 shares · 2025-09-30· Source
  • 516729574 shares · 2026-09-30· Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-20.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 7 of 11 periods available· newest 2025-12-31
  • Operating income: 7 of 11 periods available· newest 2025-12-31
  • Net income: 7 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 7 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 7 of 11 periods available· newest 2025-12-31
  • Total assets: 6 of 11 periods available· newest 2025-12-31
  • Total liabilities: 6 of 11 periods available· newest 2025-12-31
  • Current assets: 6 of 11 periods available· newest 2025-12-31
  • Current liabilities: 6 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 2 of 11 periods available· newest 2016-12-31
  • Long-term debt including current maturities: 6 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 6 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +1.5%

    Prior period

    USD 24.58 billion

    –

    Current period

    USD 24.95 billion

    –

    Exact inputs and evidence

    24948000000 − 24575000000 = 373000000 USD

    24575000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    24948000000 USD · 2025-01-01 – 2025-12-31

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  • Net income

    -22.1%

    Prior period

    USD 4.17 billion

    –

    Current period

    USD 3.25 billion

    –

    Exact inputs and evidence

    3250000000 − 4173000000 = -923000000 USD

    4173000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    3250000000 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    +26.8%

    Prior period

    USD 1.82 billion

    –

    Current period

    USD 2.31 billion

    –

    Exact inputs and evidence

    2306000000 − 1819000000 = 487000000 USD

    1819000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    2306000000 USD · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    -22.9%

    Prior period

    USD 1.18 billion

    –

    Current period

    USD 910 million

    –

    Exact inputs and evidence

    910000000 − 1181000000 = -271000000 USD

    1181000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    910000000 USD · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 24.95 billion 100% of revenue
  • Operating costs Derived USD 20.32 billion 81% of revenue
  • Operating income USD 4.63 billion 19% of revenue
  • Tax, interest and other Derived USD 1.38 billion 5.5% of revenue
  • Net income USD 3.25 billion 13% of revenue

Cash

  • Operating cash flow USD 2.31 billion 9.2% of revenue
  • Capital expenditure USD 910 million 3.6% of revenue
  • Free cash flow Derived USD 1.4 billion 5.6% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2019 14%81%
  • 2020 17%78%
  • 2021 17%79%
  • 2022 Net income was higher than operating income, so the split is not drawn.
  • 2023 Operating loss: operating costs were 143% of revenue.
  • 2024 17%80%
  • 2025 13%81%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2019 2019-01-01 – 2019-12-3132136000000 25962000000 Derived 6174000000 1657000000 Derived 4517000000 5371000000 Derived
Source
2020 2020-01-01 – 2020-12-3132184000000 25023000000 Derived 7161000000 1712000000 Derived 5449000000 6612000000 Derived
Source
2021 2021-01-01 – 2021-12-3135355000000 27986000000 Derived 7369000000 1448000000 Derived 5921000000 5851000000 Derived
Source
2022 2022-01-01 – 2022-12-3126161000000 21792000000 Derived 4369000000 -1408000000 Derived 5777000000 3842000000 Derived
Source
2023 2023-01-01 – 2023-12-3124610000000 35299000000 Derived -10689000000 -3694000000 Derived -6995000000 5065000000 Derived
Source
2024 2024-01-01 – 2024-12-3124575000000 19753000000 Derived 4822000000 649000000 Derived 4173000000 638000000 Derived
Source
2025 2025-01-01 – 2025-12-3124948000000 20319000000 Derived 4629000000 1379000000 Derived 3250000000 1396000000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 24.9B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.38.2B28.6B19.1B9.5B0.0201920222025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2019Revenue32136000000
2020Revenue32184000000
2021Revenue35355000000
2022Revenue26161000000
2023Revenue24610000000
2024Revenue24575000000
2025Revenue24948000000

Revenue growth

Change in revenue from the same financial period one year earlier.

1.5% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.13%2%-8%-18%-29%201920222025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2019Year over yearNo prior comparable period
2020Year over year0.1%
2021Year over year9.9%
2022Year over year-26%
2023Year over year-5.9%
2024Year over year-0.1%
2025Year over year1.5%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 18.6% 2025
Net margin 13% 2025
Free cash flow margin 5.6% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.28%8%-11%-30%-49%201920222025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2019Operating margin19.2%
2020Operating margin22.3%
2021Operating margin20.8%
2022Operating margin16.7%
2023Operating margin-43.4%
2024Operating margin19.6%
2025Operating margin18.6%
2019Net margin14.1%
2020Net margin16.9%
2021Net margin16.7%
2022Net margin22.1%
2023Net margin-28.4%
2024Net margin17%
2025Net margin13%
2019Free cash flow margin16.7%
2020Free cash flow margin20.5%
2021Free cash flow margin16.5%
2022Free cash flow margin14.7%
2023Free cash flow margin20.6%
2024Free cash flow margin2.6%
2025Free cash flow margin5.6%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 2.3B 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.8.8B6.6B4.4B2.2B0.0201920222025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2019Operating cash flow7070000000
2020Operating cash flow8113000000
2021Operating cash flow7454000000
2022Operating cash flow5591000000
2023Operating cash flow6680000000
2024Operating cash flow1819000000
2025Operating cash flow2306000000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 1.4B 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.7.1B5.4B3.6B1.8B0.0201920222025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2019Free cash flow5371000000
2020Free cash flow6612000000
2021Free cash flow5851000000
2022Free cash flow3842000000
2023Free cash flow5065000000
2024Free cash flow638000000
2025Free cash flow1396000000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

87.4% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.98%73%49%24%0%2019-12-3120222025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2019-12-31Liabilities / assetsNot reportedNo source recorded
2020Liabilities / assets72.7%
2021Liabilities / assets67.9%
2022Liabilities / assets68.2%
2023Liabilities / assets90.4%
2024Liabilities / assets90.2%
2025Liabilities / assets87.4%

Current assets to current liabilities

Current assets divided by current liabilities.

1.71× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.04×1.53×1.02×0.51×0.00×2019-12-3120222025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2019-12-31Current assets / current liabilitiesNot reportedNo source recorded
2020Current assets / current liabilities1.89×
2021Current assets / current liabilities1.7×
2022Current assets / current liabilities1.54×
2023Current assets / current liabilities1.07×
2024Current assets / current liabilities1.41×
2025Current assets / current liabilities1.71×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2019 2019-01-01 – 2019-12-31
USD 4.52 billion
Exact value

Exact value: 4517000000 USD

2019-01-01 – 2019-12-31: 4517000000 USD Inspect Net Income Open source
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USD 7.07 billion
Exact value

Exact value: 7070000000 USD

2019-01-01 – 2019-12-31: 7070000000 USD Inspect Operating Cash Flow Open source
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USD 1.7 billion
Exact value

Exact value: 1699000000 USD

2019-01-01 – 2019-12-31: 1699000000 USD Inspect Capital Expenditure Open source
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USD 5.37 billion
Calculation and evidence

7070000000 − 1699000000 USD

Exact free cash flow: 5371000000 USD

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2020 2020-01-01 – 2020-12-31
USD 5.45 billion
Exact value

Exact value: 5449000000 USD

2020-01-01 – 2020-12-31: 5449000000 USD Inspect Net Income Open source
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USD 8.11 billion
Exact value

Exact value: 8113000000 USD

2020-01-01 – 2020-12-31: 8113000000 USD Inspect Operating Cash Flow Open source
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USD 1.5 billion
Exact value

Exact value: 1501000000 USD

2020-01-01 – 2020-12-31: 1501000000 USD Inspect Capital Expenditure Open source
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USD 6.61 billion
Calculation and evidence

8113000000 − 1501000000 USD

Exact free cash flow: 6612000000 USD

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2021 2021-01-01 – 2021-12-31
USD 5.92 billion
Exact value

Exact value: 5921000000 USD

2021-01-01 – 2021-12-31: 5921000000 USD Inspect Net Income Open source
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USD 7.45 billion
Exact value

Exact value: 7454000000 USD

2021-01-01 – 2021-12-31: 7454000000 USD Inspect Operating Cash Flow Open source
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USD 1.6 billion
Exact value

Exact value: 1603000000 USD

2021-01-01 – 2021-12-31: 1603000000 USD Inspect Capital Expenditure Open source
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USD 5.85 billion
Calculation and evidence

7454000000 − 1603000000 USD

Exact free cash flow: 5851000000 USD

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2022 2022-01-01 – 2022-12-31
USD 5.78 billion
Exact value

Exact value: 5777000000 USD

2022-01-01 – 2022-12-31: 5777000000 USD Inspect Net Income Open source
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USD 5.59 billion
Exact value

Exact value: 5591000000 USD

2022-01-01 – 2022-12-31: 5591000000 USD Inspect Operating Cash Flow Open source
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USD 1.75 billion
Exact value

Exact value: 1749000000 USD

2022-01-01 – 2022-12-31: 1749000000 USD Inspect Capital Expenditure Open source
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USD 3.84 billion
Calculation and evidence

5591000000 − 1749000000 USD

Exact free cash flow: 3842000000 USD

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2023 2023-01-01 – 2023-12-31
−USD 7 billion
Exact value

Exact value: -6995000000 USD

2023-01-01 – 2023-12-31: -6995000000 USD Inspect Net Income Open source
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USD 6.68 billion
Exact value

Exact value: 6680000000 USD

2023-01-01 – 2023-12-31: 6680000000 USD Inspect Operating Cash Flow Open source
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USD 1.62 billion
Exact value

Exact value: 1615000000 USD

2023-01-01 – 2023-12-31: 1615000000 USD Inspect Capital Expenditure Open source
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USD 5.07 billion
Calculation and evidence

6680000000 − 1615000000 USD

Exact free cash flow: 5065000000 USD

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2024 2024-01-01 – 2024-12-31
USD 4.17 billion
Exact value

Exact value: 4173000000 USD

2024-01-01 – 2024-12-31: 4173000000 USD Inspect Net Income Open source
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USD 1.82 billion
Exact value

Exact value: 1819000000 USD

2024-01-01 – 2024-12-31: 1819000000 USD Inspect Operating Cash Flow Open source
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USD 1.18 billion
Exact value

Exact value: 1181000000 USD

2024-01-01 – 2024-12-31: 1181000000 USD Inspect Capital Expenditure Open source
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USD 638 million
Calculation and evidence

1819000000 − 1181000000 USD

Exact free cash flow: 638000000 USD

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2025 2025-01-01 – 2025-12-31
USD 3.25 billion
Exact value

Exact value: 3250000000 USD

2025-01-01 – 2025-12-31: 3250000000 USD Inspect Net Income Open source
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USD 2.31 billion
Exact value

Exact value: 2306000000 USD

2025-01-01 – 2025-12-31: 2306000000 USD Inspect Operating Cash Flow Open source
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USD 910 million
Exact value

Exact value: 910000000 USD

2025-01-01 – 2025-12-31: 910000000 USD Inspect Capital Expenditure Open source
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USD 1.4 billion
Calculation and evidence

2306000000 − 910000000 USD

Exact free cash flow: 1396000000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

160 filings · 23,593 latest values · 23,593 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000066740, 66740, MMM, edgar:66740, mmm

Also known as 3M CO, 3M COMPANY, 3M Company, MINNESOTA MINING & MANUFACTURING CO