M

3M COMPANY

MMM · CIK 0000066740

19 fiscal years · 0 SEC filings · every number carries its receipt

Revenue (FY)
$24.95B1.5%
FY2025
Net income (FY)
$3.25B22.1%
FY2025
Free cash flow (FY)
$1.40B118.8%
FY2025
Diluted EPS (FY)
$6.0020.5%
FY2025
The story, charted

The shape of the business

FY2007–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$20BFY2007 · Revenue $24.46B · Net income $4.10B · 0001104659-10-007295 · filed 2010-02-16FY07Revenue $24.46BNet income $4.10B0001104659-10-007295 · filed 2010-02-16FY2008 · Revenue $25.27B · Net income $3.46B · 0001104659-11-007845 · filed 2011-02-16FY08Revenue $25.27BNet income $3.46B0001104659-11-007845 · filed 2011-02-16FY2009 · Revenue $23.12B · Net income $3.19B · 0001104659-12-010566 · filed 2012-02-16 · 0001104659-11-007845 · filed 2011-02-16FY09Revenue $23.12BNet income $3.19B0001104659-12-010566 · filed 2012-02-16 · 0001104659-11-007845 · filed 2011-02-16FY2010 · Revenue $26.66B · Net income $4.08B · 0001104659-13-010881 · filed 2013-02-14FY10Revenue $26.66BNet income $4.08B0001104659-13-010881 · filed 2013-02-14FY2011 · Revenue $29.61B · Net income $4.28B · 0001104659-14-009773 · filed 2014-02-13FY11Revenue $29.61BNet income $4.28B0001104659-14-009773 · filed 2014-02-13FY2012 · Revenue $29.90B · Net income $4.44B · 0001104659-15-009560 · filed 2015-02-12FY12Revenue $29.90BNet income $4.44B0001104659-15-009560 · filed 2015-02-12FY2013 · Revenue $30.87B · Net income $4.66B · 0001558370-16-003162 · filed 2016-02-11FY13Revenue $30.87BNet income $4.66B0001558370-16-003162 · filed 2016-02-11FY2014 · Revenue $31.82B · Net income $4.96B · 0001558370-17-000479 · filed 2017-02-09FY14Revenue $31.82BNet income $4.96B0001558370-17-000479 · filed 2017-02-09FY2015 · Revenue $30.27B · Net income $4.83B · 0001558370-18-000535 · filed 2018-02-08FY15Revenue $30.27BNet income $4.83B0001558370-18-000535 · filed 2018-02-08FY2016 · Revenue $30.11B · Net income $5.05B · 0001558370-19-000470 · filed 2019-02-07FY16Revenue $30.11BNet income $5.05B0001558370-19-000470 · filed 2019-02-07FY2017 · Revenue $31.66B · Net income $4.86B · 0001558370-19-000470 · filed 2019-02-07 · 0001558370-20-000581 · filed 2020-02-06FY17Revenue $31.66BNet income $4.86B0001558370-19-000470 · filed 2019-02-07 · 0001558370-20-000581 · filed 2020-02-06FY2018 · Revenue $32.77B · Net income $5.35B · 0001558370-21-000737 · filed 2021-02-04FY18Revenue $32.77BNet income $5.35B0001558370-21-000737 · filed 2021-02-04FY2019 · Revenue $32.14B · Net income $4.52B · 0000066740-22-000010 · filed 2022-02-09FY19Revenue $32.14BNet income $4.52B0000066740-22-000010 · filed 2022-02-09FY2020 · Revenue $32.18B · Net income $5.45B · 0000066740-23-000014 · filed 2023-02-08FY20Revenue $32.18BNet income $5.45B0000066740-23-000014 · filed 2023-02-08FY2021 · Revenue $35.35B · Net income $5.92B · 0000066740-23-000014 · filed 2023-02-08 · 0000066740-24-000016 · filed 2024-02-07FY21Revenue $35.35BNet income $5.92B0000066740-23-000014 · filed 2023-02-08 · 0000066740-24-000016 · filed 2024-02-07FY2022 · Revenue $26.16B · Net income $5.78B · 0000066740-25-000006 · filed 2025-02-05FY22Revenue $26.16BNet income $5.78B0000066740-25-000006 · filed 2025-02-05FY2023 · Revenue $24.61B · Net income −$7.00B · 0000066740-26-000014 · filed 2026-02-03FY23Revenue $24.61BNet income −$7.00B0000066740-26-000014 · filed 2026-02-03FY2024 · Revenue $24.57B · Net income $4.17B · 0000066740-26-000014 · filed 2026-02-03FY24Revenue $24.57BNet income $4.17B0000066740-26-000014 · filed 2026-02-03FY2025 · Revenue $24.95B · Net income $3.25B · 0000066740-26-000014 · filed 2026-02-03FY25Revenue $24.95BNet income $3.25B0000066740-26-000014 · filed 2026-02-03FY25Revenue $24.95BNet income $3.25B0000066740-26-000014 · filed 2026-02-03FY07FY10FY13FY16FY19FY22FY25

net margin 16.7% → 13.0%

MarginsNet marginFCF margin
-20%0%20%FY2007 · Net margin 16.7% · FCF margin 11.5%FY07Net margin 16.7%FCF margin 11.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2008 · Net margin 13.7% · FCF margin 12.1%FY08Net margin 13.7%FCF margin 12.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2009 · Net margin 13.8% · FCF margin 17.5%FY09Net margin 13.8%FCF margin 17.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2010 · Net margin 15.3% · FCF margin 15.3%FY10Net margin 15.3%FCF margin 15.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2011 · Net margin 14.5% · FCF margin 13.2%FY11Net margin 14.5%FCF margin 13.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2012 · Net margin 14.9% · FCF margin 12.8%FY12Net margin 14.9%FCF margin 12.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2013 · Net margin 15.1% · FCF margin 13.4%FY13Net margin 15.1%FCF margin 13.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2014 · Net margin 15.6% · FCF margin 16.1%FY14Net margin 15.6%FCF margin 16.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2015 · Net margin 16.0% · FCF margin 16.4%FY15Net margin 16.0%FCF margin 16.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2016 · Net margin 16.8% · FCF margin 17.4%FY16Net margin 16.8%FCF margin 17.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2017 · Net margin 15.3% · FCF margin 15.4%FY17Net margin 15.3%FCF margin 15.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2018 · Net margin 16.3% · FCF margin 14.8%FY18Net margin 16.3%FCF margin 14.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2019 · Net margin 14.1% · FCF margin 16.7%FY19Net margin 14.1%FCF margin 16.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2020 · Net margin 16.9% · FCF margin 20.5%FY20Net margin 16.9%FCF margin 20.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2021 · Net margin 16.7% · FCF margin 16.5%FY21Net margin 16.7%FCF margin 16.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2022 · Net margin 22.1% · FCF margin 14.7%FY22Net margin 22.1%FCF margin 14.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2023 · Net margin -28.4% · FCF margin 20.6%FY23Net margin -28.4%FCF margin 20.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2024 · Net margin 17.0% · FCF margin 2.6%FY24Net margin 17.0%FCF margin 2.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2025 · Net margin 13.0% · FCF margin 5.6%FY25Net margin 13.0%FCF margin 5.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY25Net margin 13.0%FCF margin 5.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenue’09’13’17’21’25

FY2025: net 13.0% · free cash flow 5.6% of revenue

Cash engineOperating cash flowFree cash flow
$0$5BFY2007 · OCF $4.25B · FCF $2.82B · 0001104659-10-007295 · filed 2010-02-16FY07OCF $4.25BFCF $2.82B0001104659-10-007295 · filed 2010-02-16FY2008 · OCF $4.53B · FCF $3.06B · 0001104659-11-007845 · filed 2011-02-16FY08OCF $4.53BFCF $3.06B0001104659-11-007845 · filed 2011-02-16FY2009 · OCF $4.94B · FCF $4.04B · 0001104659-11-007845 · filed 2011-02-16FY09OCF $4.94BFCF $4.04B0001104659-11-007845 · filed 2011-02-16FY2010 · OCF $5.17B · FCF $4.08B · 0001104659-11-007845 · filed 2011-02-16FY10OCF $5.17BFCF $4.08B0001104659-11-007845 · filed 2011-02-16FY2011 · OCF $5.28B · FCF $3.90B · 0001104659-14-009773 · filed 2014-02-13FY11OCF $5.28BFCF $3.90B0001104659-14-009773 · filed 2014-02-13FY2012 · OCF $5.30B · FCF $3.82B · 0001104659-15-009560 · filed 2015-02-12FY12OCF $5.30BFCF $3.82B0001104659-15-009560 · filed 2015-02-12FY2013 · OCF $5.82B · FCF $4.15B · 0001558370-16-003162 · filed 2016-02-11FY13OCF $5.82BFCF $4.15B0001558370-16-003162 · filed 2016-02-11FY2014 · OCF $6.63B · FCF $5.13B · 0001558370-17-000479 · filed 2017-02-09FY14OCF $6.63BFCF $5.13B0001558370-17-000479 · filed 2017-02-09FY2015 · OCF $6.42B · FCF $4.96B · 0001558370-18-000535 · filed 2018-02-08FY15OCF $6.42BFCF $4.96B0001558370-18-000535 · filed 2018-02-08FY2016 · OCF $6.66B · FCF $5.24B · 0001558370-19-000470 · filed 2019-02-07FY16OCF $6.66BFCF $5.24B0001558370-19-000470 · filed 2019-02-07FY2017 · OCF $6.24B · FCF $4.87B · 0001558370-20-000581 · filed 2020-02-06FY17OCF $6.24BFCF $4.87B0001558370-20-000581 · filed 2020-02-06FY2018 · OCF $6.44B · FCF $4.86B · 0001558370-21-000737 · filed 2021-02-04FY18OCF $6.44BFCF $4.86B0001558370-21-000737 · filed 2021-02-04FY2019 · OCF $7.07B · FCF $5.37B · 0000066740-22-000010 · filed 2022-02-09FY19OCF $7.07BFCF $5.37B0000066740-22-000010 · filed 2022-02-09FY2020 · OCF $8.11B · FCF $6.61B · 0000066740-23-000014 · filed 2023-02-08FY20OCF $8.11BFCF $6.61B0000066740-23-000014 · filed 2023-02-08FY2021 · OCF $7.45B · FCF $5.85B · 0000066740-24-000016 · filed 2024-02-07FY21OCF $7.45BFCF $5.85B0000066740-24-000016 · filed 2024-02-07FY2022 · OCF $5.59B · FCF $3.84B · 0000066740-25-000006 · filed 2025-02-05FY22OCF $5.59BFCF $3.84B0000066740-25-000006 · filed 2025-02-05FY2023 · OCF $6.68B · FCF $5.07B · 0000066740-26-000014 · filed 2026-02-03FY23OCF $6.68BFCF $5.07B0000066740-26-000014 · filed 2026-02-03FY2024 · OCF $1.82B · FCF $638.0M · 0000066740-26-000014 · filed 2026-02-03FY24OCF $1.82BFCF $638.0M0000066740-26-000014 · filed 2026-02-03FY2025 · OCF $2.31B · FCF $1.40B · 0000066740-26-000014 · filed 2026-02-03FY25OCF $2.31BFCF $1.40B0000066740-26-000014 · filed 2026-02-03FY25OCF $2.31BFCF $1.40B0000066740-26-000014 · filed 2026-02-03’09’13’17’21’25

FY2025: $2.31B operating cash − $910.0M capex = $1.40B free cash flow

Returns on capitalReturn on equityReturn on assets
-100%0%100%FY2008 · ROE 35.0% · ROA 13.4%FY08ROE 35.0%ROA 13.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2009 · ROE 25.0% · ROA 11.7%FY09ROE 25.0%ROA 11.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2010 · ROE 26.1% · ROA 13.5%FY10ROE 26.1%ROA 13.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2011 · ROE 27.8% · ROA 13.5%FY11ROE 27.8%ROA 13.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2012 · ROE 25.3% · ROA 13.1%FY12ROE 25.3%ROA 13.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2013 · ROE 26.6% · ROA 13.9%FY13ROE 26.6%ROA 13.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2014 · ROE 37.8% · ROA 15.9%FY14ROE 37.8%ROA 15.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2015 · ROE 42.3% · ROA 14.7%FY15ROE 42.3%ROA 14.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2016 · ROE 49.0% · ROA 15.3%FY16ROE 49.0%ROA 15.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2017 · ROE 42.0% · ROA 12.8%FY17ROE 42.0%ROA 12.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2018 · ROE 54.6% · ROA 14.7%FY18ROE 54.6%ROA 14.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2019 · ROE 44.9% · ROA 10.1%FY19ROE 44.9%ROA 10.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE 42.3% · ROA 11.5%FY20ROE 42.3%ROA 11.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE 39.4% · ROA 12.6%FY21ROE 39.4%ROA 12.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2022 · ROE 39.2% · ROA 12.4%FY22ROE 39.2%ROA 12.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE -145.5% · ROA -13.8%FY23ROE -145.5%ROA -13.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2024 · ROE 108.6% · ROA 10.5%FY24ROE 108.6%ROA 10.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2025 · ROE 69.1% · ROA 8.6%FY25ROE 69.1%ROA 8.6%derived: net income ÷ equity · derived: net income ÷ assetsFY25ROE 69.1%ROA 8.6%derived: net income ÷ equity · derived: net income ÷ assets’09’13’17’21’25

return on equity 35% (FY2008) → 69% (FY2025) · on assets 8.6%

Balance sheetLiabilitiesEquity
$0$20B$40BFY2008 · Liabilities $15.49B · Equity $9.88BFY08Liabilities $15.49BEquity $9.88B0001104659-10-007295 · filed 2010-02-16FY2009 · Liabilities $13.95B · Equity $12.76BFY09Liabilities $13.95BEquity $12.76B0001104659-11-007845 · filed 2011-02-16FY2010 · Liabilities $14.14B · Equity $15.66BFY10Liabilities $14.14BEquity $15.66B0001104659-12-010566 · filed 2012-02-16FY2011 · Liabilities $15.75B · Equity $15.42BFY11Liabilities $15.75BEquity $15.42B0001104659-13-010881 · filed 2013-02-14FY2012 · Liabilities $15.84B · Equity $17.57BFY12Liabilities $15.84BEquity $17.57B0001104659-14-009773 · filed 2014-02-13FY2013 · Liabilities $15.60B · Equity $17.50BFY13Liabilities $15.60BEquity $17.50B0001104659-15-009560 · filed 2015-02-12FY2014 · Liabilities $18.07B · Equity $13.11BFY14Liabilities $18.07BEquity $13.11B0001558370-16-003162 · filed 2016-02-11FY2015 · Liabilities $21.41B · Equity $11.43BFY15Liabilities $21.41BEquity $11.43B0001558370-17-000479 · filed 2017-02-09FY2016 · Liabilities $22.56B · Equity $10.30BFY16Liabilities $22.56BEquity $10.30B0001558370-18-000535 · filed 2018-02-08FY2017 · Liabilities $26.36B · Equity $11.56BFY17Liabilities $26.36BEquity $11.56B0001558370-19-000470 · filed 2019-02-07FY2018 · Liabilities $26.65B · Equity $9.80BFY18Liabilities $26.65BEquity $9.80B0001558370-20-000581 · filed 2020-02-06FY2019 · Liabilities $34.53B · Equity $10.06BFY19Liabilities $34.53BEquity $10.06B0001558370-21-000737 · filed 2021-02-04FY2020 · Liabilities $34.41B · Equity $12.87BFY20Liabilities $34.41BEquity $12.87B0000066740-22-000010 · filed 2022-02-09FY2021 · Liabilities $31.95B · Equity $15.05BFY21Liabilities $31.95BEquity $15.05B0000066740-23-000014 · filed 2023-02-08FY2022 · Liabilities $31.68B · Equity $14.72BFY22Liabilities $31.68BEquity $14.72B0000066740-24-000016 · filed 2024-02-07FY2023 · Liabilities $45.71B · Equity $4.81BFY23Liabilities $45.71BEquity $4.81B0000066740-25-000006 · filed 2025-02-05FY2024 · Liabilities $35.97B · Equity $3.84BFY24Liabilities $35.97BEquity $3.84B0000066740-26-000014 · filed 2026-02-03FY2025 · Liabilities $32.99B · Equity $4.70BFY25Liabilities $32.99BEquity $4.70B0000066740-26-000014 · filed 2026-02-03FY25Liabilities $32.99BEquity $4.70B0000066740-26-000014 · filed 2026-02-03’09’13’17’21’25

FY2025: $37.73B assets · $32.99B liabilities · $4.70B equity

The receipts