MMM Q1 2024 Earnings — 3M Company Revenue & Financial Results | Market Cap Arena

MMM3M Company

$82B

Q1 2024 Earnings

Industrials Conglomerates

Income Statement

Revenue

$6.0B-25.1% YoY

Gross Profit

$2.5B41.7% margin

Operating Income

$1.2B20.4% margin

Net Income

$928M15.4% margin

EPS (Diluted)

$1.67

QoQ Revenue Growth

+0.2%

Cash Flow

Operating Cash Flow

$767M

Free Cash Flow

$392M

Stock-Based Comp.

$29M

Balance Sheet

Total Assets

$55.2B

Total Liabilities

$50.3B

Stockholders' Equity

$4.9B

Cash & Equivalents

$10.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.0B	$8.0B	-25.1%
Gross Profit	$2.5B	$3.4B	-26.1%
Operating Income	$1.2B	$1.3B	-1.9%
Net Income	$928M	$976M	-4.9%

Revenue Segments

Safety And Industrial Segment

$2.7B34%

Transportation And Electronics Segment

$2.1B26%

Health Care Segment

$2.0B25%

Consumer Segment

$1.1B14%

Corporate Non Segment

$10M0%

Geographic Segments

Americas

$4.4B55%

Asia Pacific

$2.1B26%

E M E A

$1.5B19%