MMM Q3 2023 Earnings — 3M Company Revenue & Financial Results | Market Cap Arena

MMM3M Company

$82B

Q3 2023 Earnings

Industrials Conglomerates

Income Statement

Revenue

$6.3B-27.3% YoY

Gross Profit

$2.5B40.0% margin

Operating Income

-$3.1B-49.7% margin

Net Income

-$2.1B-33.1% margin

EPS (Diluted)

$-3.74

QoQ Revenue Growth

-0.2%

Cash Flow

Operating Cash Flow

$1.9B

Free Cash Flow

$1.5B

Stock-Based Comp.

$46M

Balance Sheet

Total Assets

$49.6B

Total Liabilities

$44.9B

Stockholders' Equity

$4.7B

Cash & Equivalents

$5.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.3B	$8.6B	-27.3%
Gross Profit	$2.5B	$3.9B	-35.6%
Operating Income	-$3.1B	$1.4B	-316.1%
Net Income	-$2.1B	$3.9B	-153.8%

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

$2M0%

Geographic Segments

Americas

$4.8B57%

Asia Pacific

$2.1B25%

E M E A

$1.4B17%