MMM (3M Company) Stock Financials & Earnings | Market Cap Arena

MMM (3M Company) Stock Financials & Earnings | Market Cap Arena

MMM3M Company

Mkt Cap$82B

Industrials·Conglomerates·🇺🇸 United States·NYSE

Revenue (TTM)$24.9B

Net Income (TTM)$3.3B

EPS (TTM)$6.00

Free Cash Flow (TTM)$1.4B

Gross Margin39.6%

Op. Margin18.9%

Net Margin13.0%

FCF Margin5.6%

P/S Ratio (TTM)3.3x

P/E Ratio (TTM)25.1x

YoY Rev Growth+1.5%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$8.0B	$3.4B	$1.3B
Q2 23	$6.3B	$2.6B	$1.1B
Q3 23	$6.3B	$2.5B	-$3.1B
Q4 23	$6.0B	$2.2B	$5.2B
Q1 24	$6.0B	$2.5B	$1.2B
Q2 24	$6.3B	$2.7B	$1.3B
Q3 24	$6.3B	$2.6B	$1.3B
Q4 24	$6.0B	$2.3B	$1.1B
Q1 25	$6.0B	$2.4B	$1.2B
Q2 25	$6.3B	$2.6B	$1.1B
Q3 25	$6.5B	$2.7B	$1.6B
Q4 25	$6.1B	$2.1B	$794M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	2.4x	15.0x
Q2 23	2.6x	—
Q3 23	2.9x	—
Q4 23	3.1x	—
Q1 24	3.3x	—
Q2 24	3.3x	86.7x
Q3 24	3.3x	18.6x
Q4 24	3.3x	19.6x
Q1 25	3.3x	18.7x
Q2 25	3.3x	20.7x
Q3 25	3.3x	24.0x
Q4 25	3.3x	25.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$1.3B	$800M
Q2 23	$1.5B	$1.1B
Q3 23	$1.9B	$1.5B
Q4 23	$2.0B	$1.6B
Q1 24	$767M	$392M
Q2 24	$1.0B	$752M
Q3 24	-$1.8B	-$2.0B
Q4 24	$1.8B	$1.5B
Q1 25	-$79M	-$315M
Q2 25	-$954M	-$1.2B
Q3 25	$1.8B	$1.5B
Q4 25	$1.6B	$1.3B

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$475M
Q2 23	$377M
Q3 23	$405M
Q4 23	$358M
Q1 24	$375M
Q2 24	$269M
Q3 24	$246M
Q4 24	$291M
Q1 25	$236M
Q2 25	$208M
Q3 25	$218M
Q4 25	$248M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-9.0%	-5.3%
Q2 23	-27.8%	-39.5%
Q3 23	-27.3%	+30.8%
Q4 23	-25.7%	-88.8%
Q1 24	-25.1%	-29.4%
Q2 24	-0.4%	-3.9%
Q3 24	+0.4%	-47.2%
Q4 24	+0.1%	+504.1%
Q1 25	-1.0%	-1.1%
Q2 25	+1.4%	+5.3%
Q3 25	+3.5%	-1.1%
Q4 25	+2.0%	+8.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$135M	1.7%
Q2 23	$41M	0.7%
Q3 23	$46M	0.7%
Q4 23	$52M	0.9%
Q1 24	$29M	0.5%
Q2 24	$171M	2.7%
Q3 24	$42M	0.7%
Q4 24	$47M	0.8%
Q1 25	$85M	1.4%
Q2 25	$44M	0.7%
Q3 25	$53M	0.8%
Q4 25	$43M	0.7%

OpEx Breakdown

Quarter	R&D	SG&A
Q1 23	$468M	$1.7B
Q2 23	$280M	$1.2B
Q3 23	$264M	$5.4B
Q4 23	$286M	—
Q1 24	$244M	$1.0B
Q2 24	$279M	$1.1B
Q3 24	$266M	$1.0B
Q4 24	$281M	$898M
Q1 25	$285M	$933M
Q2 25	$288M	$1.3B
Q3 25	$297M	$820M
Q4 25	$299M	$965M

Revenue Segments

Quarter	Consumer Segment	Health Care Segment	Safety And Industrial Segment	Transportation And Electronics Segment	Segment Reporting, Reconciling Item, Corporate Nonsegment	Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment
Q1 23	$1.2B	$2.0B	$2.8B	$2.0B	—	—
Q2 24	$1.3B	—	$2.8B	$2.1B	$86M	$4M
Q3 24	$1.3B	—	$2.8B	$2.1B	$81M	$8M
Q1 25	$1.1B	—	$2.7B	$2.0B	$95M	—
Q2 25	$1.3B	—	$2.9B	$2.1B	$87M	—
Q3 25	$1.3B	—	$2.9B	$2.2B	$97M	—
Q4 25	$1.2B	—	$2.9B	$2.0B	$93M	—

Revenue by Geography

Quarter	Americas	Asia Pacific	E M E A
Q1 23	$4.4B	$2.2B	$1.5B
Q2 24	$3.5B	$1.7B	$1.1B
Q3 24	$3.5B	$1.8B	$1.0B
Q1 25	$3.2B	$1.7B	$1.0B
Q2 25	$3.5B	$1.8B	$1.1B
Q3 25	$3.6B	$1.8B	$1.1B
Q4 25	$3.3B	$1.8B	$1.1B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$3.8B	$145M	$4.0B
Q2 23	$4.3B	$56M	$4.3B
Q3 23	$5.1B	$73M	$5.2B
Q4 23	$5.7B	$50M	$5.8B
Q1 24	$10.9B	$60M	$11.0B
Q2 24	$10.1B	$255M	$10.3B
Q3 24	$6.0B	$1.2B	$7.3B
Q4 24	$5.6B	$2.1B	$7.7B
Q1 25	$6.3B	$698M	$7.0B
Q2 25	$3.7B	$502M	$4.2B
Q3 25	$4.7B	$517M	$5.2B
Q4 25	$5.2B	$698M	$5.9B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	553M	+0.1%
Q2 23	554M	+0.1%
Q3 23	554M	+0.1%
Q4 23	555M	+0.2%
Q1 24	556M	+0.1%
Q2 24	555M	-0.2%
Q3 24	553M	-0.4%
Q4 24	546M	-1.2%
Q1 25	548M	+0.3%
Q2 25	544M	-0.6%
Q3 25	542M	-0.4%
Q4 25	539M	-0.6%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$354K	90K
FY 15	$338K	89K
FY 16	$329K	92K
FY 17	$346K	92K
FY 18	$350K	94K
FY 19	$334K	96K
FY 20	$339K	95K
FY 21	$372K	95K
FY 22	$372K	92K
FY 23	$290K	85K
FY 24	$400K	62K
FY 25	$412K	61K