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  • Income Statement
  • Balance Sheet
  • Cashflow Statement
  • Profitability
  • Ratios

3M Company Income Statement

Chart 2020 2021 2022 2023
Revenue
$32.18B $35.36B $34.23B $32.68B
Cost of Revenue
$16.61B $18.80B $19.23B $18.48B
Gross Profit
$15.58B $16.56B $15.00B $14.20B
Research & Development
$1.88B $1.99B $1.86B $1.84B
Selling,General & Administrative
$6.93B $7.20B $9.05B $21.53B
Operating Expense
$8.81B $9.19B $10.91B $23.29B
Operating Income
$4.47B $5.45B $6.54B -$9.13B
Net Income
$5.45B $5.92B $5.78B -$7.00B

3M Company Balance Sheet

Chart 2020 2021 2022 2023
Cash and Cash Equivalents
$5.04B $4.77B $3.89B $5.99B
Inventories
$4.24B $4.99B $5.37B $4.82B
Total Current Assets
$14.98B $15.40B $14.69B $16.38B
Property,Plant and Equipment
$10.29B $10.29B $10.01B $9.92B
Goodwill
$13.80B $13.49B $12.79B $12.93B
Total Assets
$47.34B $47.07B $46.46B $50.58B
Total Liabilities
$34.41B $31.96B $31.69B $45.71B
Retained Earnings
$43.76B $45.82B $47.95B $37.48B
Total Shareholder Equity
$12.93B $15.12B $14.77B $4.81B
Common Stock
$9.00M $9.00M $9.00M $9.00M

3M Company Cash flow

Chart 2020 2021 2022 2023
Depreciation & Amortization
$1.91B $1.92B $1.83B $1.99B
Dividends Payout
-$3.39B -$3.42B -$3.37B -$3.31B
Capital Expenditures (Capex)
-$1.50B -$1.60B -$1.75B -$1.62B
Free Cash Flow (FCF)
$6.61B $5.85B $3.84B $5.07B

3M Company Profitability

Chart 2020 2021 2022 2023
Gross Profit
$15.58B $16.56B $15.00B $14.20B
Gross Profit Margin (%)
48.41% 46.84% 43.81% 43.46%
Operating Income
$4.47B $5.45B $6.54B -$9.13B
Operating Income Margin (%)
13.90% 15.43% 19.10% -27.93%
Net Income
$5.45B $5.92B $5.78B -$7.00B
Net Income Margin (%)
16.93% 16.75% 16.88% -21.40%
EBITDA
$9.26B $9.58B $8.72B -$6.75B
EBITDA Margin (%)
19.83% 20.84% 24.45% -20.65%

3M Company Ratios

Chart 2020 2021 2022 2023
Return on Equity (ROE)
42.14% 39.17% 39.11% -145.52%
Return on Assets (ROA)
11.51% 12.58% 12.44% -13.83%
Debt to Equity
145.35% 114.86% 107.91% 333.58%
Debt to total asset
39.70% 36.89% 34.31% 31.70%
Enterprise value to revenue
3.07 2.80 2.02 1.88
Enterprise value to EBITDA
10.67 10.34 7.95 -9.12
Enterprise value
$98.83B $99.05B $69.29B $61.55B
Cash to Debt
43.17% 42.93% 35.08% 41.66%
Tax Rate (%)
19.64% 17.84% 9.57% 27.78%
Payout Ratio
62.18% 57.76% 58.32% -47.33%