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Revenue breakdown by Products & Services
Revenue breakdown by Geography

3M Company's Revenue by Segment

In fiscal year 2024, 3M Company's revenue by segment (products & services) are as follows:

  • Consumer Segment: $4.93 B
  • Safety And Industrial Segment: $10.96 B
  • Transportation And Electronics Segment: $8.38 B

Learn more about 3M Company’s Revenue by Geography

Check out competitors to 3M Company in a side-by-side comparison.

Explore additional financial metrics for 3M Company.

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The above chart shows 3M Company's revenue percentage share by segment (products and services).

In fiscal year 2022, 3M Company's revenue by segment is as follows:

  • Consumer Segment generated $5.30 B in revenue, representing 15.48% of its total revenue.
  • Health Care Segment generated $8.42 B in revenue, representing 24.6% of its total revenue.
  • Safety And Industrial Segment generated $11.60 B in revenue, representing 33.91% of its total revenue.
  • Transportation And Electronics Segment generated $8.90 B in revenue, representing 26.01% of its total revenue.

The biggest segment for 3M Company is the Safety And Industrial Segment, which represents 33.91% of its total revenue.
The smallest segment for 3M Company is the Consumer Segment, which represents 15.48% of its total revenue.

The above chart shows 3M Company's revenue percentage share by segment (products and services).

In fiscal year 2023, 3M Company's revenue by segment is as follows:

  • Consumer Segment generated $5.03 B in revenue, representing 15.38% of its total revenue.
  • Health Care Segment generated $8.20 B in revenue, representing 25.08% of its total revenue.
  • Safety And Industrial Segment generated $10.96 B in revenue, representing 33.53% of its total revenue.
  • Transportation And Electronics Segment generated $8.50 B in revenue, representing 26.01% of its total revenue.

The biggest segment for 3M Company is the Safety And Industrial Segment, which represents 33.53% of its total revenue.
The smallest segment for 3M Company is the Consumer Segment, which represents 15.38% of its total revenue.

The above chart shows 3M Company's revenue percentage share by segment (products and services).

In fiscal year 2024, 3M Company's revenue by segment is as follows:

  • Consumer Segment generated $4.93 B in revenue, representing 20.32% of its total revenue.
  • Safety And Industrial Segment generated $10.96 B in revenue, representing 45.16% of its total revenue.
  • Transportation And Electronics Segment generated $8.38 B in revenue, representing 34.53% of its total revenue.

The biggest segment for 3M Company is the Safety And Industrial Segment, which represents 45.16% of its total revenue.
The smallest segment for 3M Company is the Consumer Segment, which represents 20.32% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2022 2023 2024
Safety And Industrial Segment 33.91% 33.53% 45.16%
Transportation And Electronics Segment 26.01% 26.01% 34.53%
Consumer Segment 15.48% 15.38% 20.32%
Health Care Segment 24.6% 25.08% -
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of 3M Company.

In fiscal year 2024, the Safety And Industrial Segment generated the most revenue ($10.96 B), and the Consumer Segment generated the least revenue ($4.93 B).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Consumer Segment revenue decreased -1.89% ($95.00 M) from $5.03 B (in 2023) to $4.93 B (in 2024).
  • Health Care Segment revenue decreased -100% ($8.20 B) from $8.20 B (in 2023) to $0.00 (in 2024).
  • Safety And Industrial Segment revenue increased 0.05% ($5.00 M) from $10.96 B (in 2023) to $10.96 B (in 2024).
  • Transportation And Electronics Segment revenue decreased -1.42% ($121.00 M) from $8.50 B (in 2023) to $8.38 B (in 2024).
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    Summary Table

    Products & Services 2022 2023 2024
    Consumer Segment $5.30 B - $5.03 B
    5.13%
    $4.93 B
    1.89%
    Health Care Segment $8.42 B - $8.20 B
    2.68%
    - -
    Safety And Industrial Segment $11.60 B - $10.96 B
    5.58%
    $10.96 B
    0.05%
    Transportation And Electronics Segment $8.90 B - $8.50 B
    4.50%
    $8.38 B
    1.42%
    Total Revenue $34.23 B - $32.68 B
    4.52%
    $24.27 B
    25.72%