MMM logo 3M Company +
Ticker
MMM
HON
Headquarter
Saint Paul ,MN
US
Charlotte ,NC
US
CEO
William Brown
Vimal Kapur
Industry
Conglomerates
Conglomerates
Stock Price
Stock Price
Market Cap
Market Cap
$86.07 B
$141.12 B
Employees
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Employees
  • 92.00 K
  • 85.00 K
  • 61.50 K
  • 97.00 K
  • 95.00 K
  • 102.00 K
Y/Y
3.16%
7.61%
27.65%
2.02%
2.06%
7.37%

Income Statement

Revenue
Years
  • 2023
  • 2024
  • 2025
  • 2022
  • 2023
  • 2024
Revenue
  • $24.61 B
  • $24.58 B
  • $24.95 B
  • $35.45 B
  • $36.65 B
  • $38.50 B
Y/Y
28.1%
0.14%
1.52%
3.1%
3.37%
5.05%
Revenue by Products / Services
Years
  • 2024
  • 2024
Revenue by Geography
Years
  • 2024
  • 2024
Research and Development
Years
  • 2023
  • 2024
  • 2025
  • 2022
  • 2023
  • 2024
Research and Development
  • $1.12 B
  • $1.07 B
  • $1.17 B
  • $1.48 B
  • $1.46 B
  • $1.54 B
Y/Y
39.49%
4.72%
9.25%
10.88%
1.49%
5.49%
Operating Income
Years
  • 2023
  • 2024
  • 2025
  • 2022
  • 2023
  • 2024
Operating Income
  • $4.05 B
  • $4.93 B
  • $4.56 B
  • $7.23 B
  • $7.87 B
  • $7.87 B
Y/Y
0.64%
21.84%
7.46%
7.25%
8.83%
0.04%
Tax Rate (%)
Years
  • 2023
  • 2024
  • 2025
  • 2022
  • 2023
  • 2024
Tax Rate (%)
  • 25.48%
  • 16.65%
  • 22.50%
  • 22.14%
  • 20.77%
  • 20.42%
Y/Y
166.56%
34.64%
35.12%
1.45%
6.16%
1.68%
Net Income
Years
  • 2023
  • 2024
  • 2025
  • 2022
  • 2023
  • 2024
Net Income
  • -$7.00 B
  • $4.17 B
  • $3.25 B
  • $4.97 B
  • $5.66 B
  • $5.71 B
Y/Y
221.08%
159.66%
22.12%
10.39%
13.93%
0.83%
Revenue Per Employee
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Revenue Per Employee
  • $267.50 K
  • $289.12 K
  • $405.66 K
  • $377.80 K
  • $405.22 K
  • -
Y/Y
25.76%
8.08%
40.31%
5.5%
7.26%
100%
Net Income Per Employee
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Net Income Per Employee
  • -$76.03 K
  • $49.09 K
  • $52.85 K
  • $58.33 K
  • $60.05 K
  • -
Y/Y
225.03%
164.57%
7.64%
16.28%
2.95%
100%

Assets & Liabilities | Cash Flow

Total Assets
Years
  • 2023
  • 2024
  • 2025
  • 2022
  • 2023
  • 2024
Total Assets
  • $50.58 B
  • $39.87 B
  • $37.73 B
  • $62.28 B
  • $61.53 B
  • $75.20 B
Y/Y
8.88%
21.18%
5.36%
3.4%
1.2%
22.22%
Total Liabilities
Years
  • 2023
  • 2024
  • 2025
  • 2022
  • 2023
  • 2024
Total Liabilities
  • $45.71 B
  • $35.97 B
  • $32.99 B
  • $44.95 B
  • $45.08 B
  • $56.04 B
Y/Y
44.27%
21.3%
8.31%
0.6%
0.3%
24.29%
Capital Expenditures (Capex)
Years
  • 2023
  • 2024
  • 2025
  • 2022
  • 2023
  • 2024
Capital Expenditures (Capex)
  • -$1.62 B
  • -$1.18 B
  • -$910.00 M
  • -$766.00 M
  • -$1.04 B
  • -$1.16 B
Y/Y
7.66%
26.87%
22.95%
14.41%
35.64%
12.03%

Profitability

Operating Income Margin (%)
Years
  • 2020
  • 2021
  • 2022
  • 2022
  • 2023
  • 2024
Operating Income Margin (%)
  • 21.62%
  • 21.29%
  • 11.90%
  • 20.40%
  • 21.48%
  • 20.44%
Y/Y
0.39%
1.52%
44.1%
4.03%
5.29%
4.84%
Net Income Margin (%)
Years
  • 2020
  • 2021
  • 2022
  • 2022
  • 2023
  • 2024
Net Income Margin (%)
  • 16.93%
  • 16.75%
  • 16.88%
  • 14.01%
  • 15.44%
  • 14.82%
Y/Y
19.06%
1.08%
0.78%
13.09%
10.22%
4.01%
EBITDA
Years
  • 2023
  • 2024
  • 2025
  • 2022
  • 2023
  • 2024
EBITDA
  • -$8.91 B
  • $7.23 B
  • $5.85 B
  • $8.00 B
  • $9.10 B
  • $9.61 B
Y/Y
202.12%
181.13%
19.02%
9.14%
13.79%
5.55%
Free Cash Flow (FCF)
Years
  • 2023
  • 2024
  • 2025
  • 2022
  • 2023
  • 2024
Free Cash Flow (FCF)
  • $5.07 B
  • $638.00 M
  • $1.40 B
  • $4.51 B
  • $4.30 B
  • $4.93 B
Y/Y
31.83%
87.4%
118.81%
12.35%
4.59%
14.69%

Ratios

Return on Equity (ROE)
Years
  • 2023
  • 2024
  • 2025
  • 2022
  • 2023
  • 2024
Return on Equity (ROE)
  • -145.52%
  • 108.62%
  • 68.46%
  • 29.74%
  • 35.68%
  • 30.64%
Y/Y
470.83%
174.64%
36.97%
0.35%
19.98%
14.13%
Return on Assets (ROA)
Years
  • 2023
  • 2024
  • 2025
  • 2022
  • 2023
  • 2024
Return on Assets (ROA)
  • -13.83%
  • 10.47%
  • 8.61%
  • 7.97%
  • 9.20%
  • 7.59%
Y/Y
211.21%
175.69%
17.71%
7.24%
15.32%
17.5%
Debt to Equity
Years
  • 2020
  • 2021
  • 2022
  • 2022
  • 2023
  • 2024
Debt to Equity
  • 153.52%
  • 121.69%
  • 114.49%
  • 123.00%
  • 135.82%
  • 173.08%
Y/Y
27.4%
20.73%
5.92%
10.7%
10.43%
27.43%

Valuation

Enterprise Value
Years
  • 2023
  • 2024
  • 2025
  • 2022
  • 2023
  • 2024
Enterprise value
  • $61.64 B
  • $79.16 B
  • $93.24 B
  • $156.01 B
  • $152.65 B
  • $168.69 B
Y/Y
11.87%
28.42%
17.79%
1.29%
2.16%
10.51%
Enterprise value to Revenue
Years
  • 2023
  • 2024
  • 2025
  • 2022
  • 2023
  • 2024
Enterprise value to Revenue
  • 2.50
  • 3.22
  • 3.74
  • 4.40
  • 4.17
  • 4.38
Y/Y
22.57%
28.6%
16.03%
1.75%
5.34%
5.2%
Enterprise value to EBITDA
Years
  • 2023
  • 2024
  • 2025
  • 2022
  • 2023
  • 2024
Enterprise value to EBITDA
  • -6.92
  • 10.96
  • 15.94
  • 19.51
  • 16.77
  • 17.56
Y/Y
186.3%
258.3%
45.45%
11.48%
14.02%
4.7%