MMM Q2 2023 Earnings — 3M Company Revenue & Financial Results | Market Cap Arena

MMM3M Company

$82B

Q2 2023 Earnings

Industrials Conglomerates

Income Statement

Revenue

$6.3B-27.8% YoY

Gross Profit

$2.6B40.7% margin

Operating Income

$1.1B17.6% margin

Net Income

-$6.8B-108.9% margin

EPS (Diluted)

$-12.35

QoQ Revenue Growth

-21.8%

Cash Flow

Operating Cash Flow

$1.5B

Free Cash Flow

$1.1B

Stock-Based Comp.

$41M

Balance Sheet

Total Assets

$48.9B

Total Liabilities

$41.0B

Stockholders' Equity

$7.8B

Cash & Equivalents

$4.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.3B	$8.7B	-27.8%
Gross Profit	$2.6B	$3.6B	-29.7%
Operating Income	$1.1B	$139M	+693.5%
Net Income	-$6.8B	$78M	-8870.5%

Revenue Segments

Safety And Industrial Segment

$2.8B33%

Transportation And Electronics Segment

$2.2B26%

Health Care Segment

$2.1B25%

Consumer Segment

$1.3B16%

Corporate Non Segment

$1M0%

Geographic Segments

Americas

$4.7B56%

Asia Pacific

$2.1B26%

E M E A

$1.5B18%