3M (MMM) financials
3M revenue and earnings by year
3M's revenue was $24.9 billion in the fiscal year to December 31, 2025, up 1.5% from the year before. Net income was $3.25 billion, 13.0% of revenue. Since the fiscal year to December 31, 2016, revenue has shrunk 2.1% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 24.9 | 24.6 | 24.6 | 26.2 | 35.4 | 32.2 | 32.1 | 32.8 | 31.7 | 30.1 |
| Revenue growth | 1.5% | -0.1% | -5.9% | -26.0% | 9.9% | 0.1% | -1.9% | 3.5% | 5.1% | — |
| Gross profit | 10.0 | 10.1 | 9.6 | 10.3 | 16.6 | 15.6 | 15.0 | 16.1 | 15.6 | 15.0 |
| Gross margin | 39.9% | 41.2% | 39.1% | 39.4% | 46.8% | 48.4% | 46.7% | 49.1% | 49.3% | 49.8% |
| Operating income | 4.6 | 4.8 | -10.7 | 4.4 | 7.4 | 7.2 | 6.2 | 7.2 | 7.7 | 7.0 |
| Operating margin | 18.6% | 19.6% | -43.4% | 16.7% | 20.8% | 22.3% | 19.2% | 22.0% | 24.3% | 23.3% |
| Net income | 3.3 | 4.2 | -7.0 | 5.8 | 5.9 | 5.4 | 4.5 | 5.3 | 4.9 | 5.1 |
| Net margin | 13.0% | 17.0% | -28.4% | 22.1% | 16.7% | 16.9% | 14.1% | 16.3% | 15.3% | 16.8% |
| Diluted EPS | $6.00 | $7.29 | -$10.66 | $8.59 | $8.54 | $7.87 | $6.59 | $7.51 | $6.68 | $6.89 |
| Free cash flow | 1.5 | 0.7 | 5.2 | 4.0 | 5.9 | 6.7 | 5.5 | 5.1 | 4.9 | 5.3 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open MMM in Markets.
How 3M makes money
Revenue by segment in the quarter to September 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Safety & Industrial | $3.18B | 49.0% |
| Transportation & Electronics | $2.00B | 30.8% |
| Consumer | $1.31B | 20.1% |
See also: MMM valuation and P/E history · MMM returns
No forecast, no recommendation. This page describes 3M from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.