3M Co (MMM) Financial Statements
Industry: Surgical & Medical Instruments & Apparatus
In fiscal 2025, 3M reported revenue of $24.95B, up 1.5% from $24.57B the year before. Net income was $3.25B (a 13.0% net margin), or $6.00 per diluted share. Gross margin was 39.9% and operating margin was 18.6%. Operating activities generated $2.31B of cash, leaving $1.40B of free cash flow. At fiscal year end, 3M held $37.73B in total assets against $32.99B in total liabilities.
Open the full interactive 3M financials → Quarterly statements, key ratios, valuation history and price charts.
3M Key Stats
| Share Price | $162.77 |
|---|---|
| Market Cap | $85.03B |
| P/E Ratio | 27.1 |
| Revenue YoY Growth | +1.5% |
| 52-Week Range | $139.86 – $182.98 |
| Shares Outstanding | 519.7 million (basic, 2026 Q2) |
3M Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $32.18B | $35.35B | $34.23B | $32.68B | $24.57B | $24.95B |
| Cost of Goods Sold | $25.02B | $27.99B | $27.69B | $41.81B | $19.75B | $20.32B |
| Gross Profit | $15.58B | $16.56B | $15.00B | $14.20B | $10.13B | $9.96B |
| Operating Income | $7.16B | $7.37B | $6.54B | -$9.13B | $4.82B | $4.63B |
| Pre-Tax Income | $6.71B | $7.20B | $6.39B | -$9.69B | $4.82B | $4.21B |
| Income Tax | $1.32B | $1.28B | $612.0M | -$2.69B | $804.0M | $1.00B |
| Net Income | $5.38B | $5.92B | $5.78B | -$7.00B | $4.17B | $3.25B |
| Diluted EPS | $9.25 | $10.12 | $10.18 | -$12.63 | $7.55 | $6.00 |
3M Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $6.52B | $6.13B | $6.03B | $6.50B |
| Net Income | $834.0M | $577.0M | $653.0M | $933.0M |
| Diluted EPS | $1.55 | $1.07 | $1.23 | $1.78 |
3M Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Current Assets | $14.98B | $15.40B | $14.69B | $16.38B | $15.88B | $16.39B |
| Total Assets | $47.34B | $47.07B | $46.45B | $50.58B | $39.87B | $37.73B |
| Current Liabilities | $7.95B | $9.04B | $9.52B | $15.30B | $11.26B | $9.60B |
| Total Long-Term Debt | $18.78B | $17.35B | $15.94B | $14.24B | $13.04B | $12.60B |
| Total Liabilities | $34.41B | $31.95B | $31.68B | $45.71B | $35.97B | $32.99B |
| Shareholders' Equity | $12.87B | $15.05B | $14.72B | $4.81B | $3.84B | $4.70B |
3M Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $8.11B | $7.45B | $5.59B | $6.68B | $1.82B | $2.31B |
| Cash From Investing | -$580.0M | -$1.32B | -$1.05B | -$1.21B | -$3.21B | $1.35B |
| Cash From Financing | -$5.30B | -$6.14B | -$5.35B | -$3.15B | $1.10B | -$4.02B |
| Free Cash Flow | $6.61B | $5.85B | $3.84B | $5.07B | $638.0M | $1.40B |
Figures from 3M's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full 3M financials page for every line item.
3M Company Profile
| Ticker | MMM |
|---|---|
| Exchange | NYSE |
| Industry | Surgical & Medical Instruments & Apparatus |
| Headquarters | St Paul, Minnesota |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000066740 |
Frequently Asked Questions
What was 3M's revenue in fiscal 2025?
3M (MMM) reported revenue of $24.95B for fiscal 2025.
What is 3M's annual revenue history?
3M's annual revenue by fiscal year: 2020: $32.18B; 2021: $35.35B; 2022: $34.23B; 2023: $32.68B; 2024: $24.57B; 2025: $24.95B.
What was 3M's net income in fiscal 2025?
3M reported net income of $3.25B for fiscal 2025.
What was 3M's earnings per share (EPS) in fiscal 2025?
3M's diluted EPS was $6.00 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did 3M generate in fiscal 2025?
3M generated $1.40B of free cash flow in fiscal 2025.
What was 3M's revenue last quarter?
In its most recent reported quarter (2026 Q2), 3M reported revenue of $6.50B.
How much debt does 3M have?
3M reported $12.60B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of 3M are outstanding?
3M reported a weighted average of 519.7 million basic shares outstanding in 2026 Q2.
What is 3M's market cap?
Based on its latest closing price, 3M (MMM) has a market capitalization of about $85.03B.
When does 3M's fiscal year end?
3M's fiscal year end, as registered with the SEC, is December 31.
Where is 3M headquartered?
3M lists its business address in St Paul, Minnesota in its SEC filings.