MMM Q4 2023 Earnings — 3M Company Revenue & Financial Results | Market Cap Arena

MMM3M Company

$82B

Q4 2023 Earnings

Industrials Conglomerates

Income Statement

Revenue

$6.0B-25.7% YoY

Gross Profit

$2.2B37.0% margin

Operating Income

$5.2B86.4% margin

Net Income

$945M15.7% margin

EPS (Diluted)

$1.70

QoQ Revenue Growth

-4.3%

Cash Flow

Operating Cash Flow

$2.0B

Free Cash Flow

$1.6B

Stock-Based Comp.

$52M

Balance Sheet

Total Assets

$50.6B

Total Liabilities

$45.7B

Stockholders' Equity

$4.8B

Cash & Equivalents

$5.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.0B	$8.1B	-25.7%
Gross Profit	$2.2B	$3.4B	-35.0%
Operating Income	$5.2B	$821M	+531.9%
Net Income	$945M	$541M	+74.7%

Revenue Segments

Safety And Industrial Segment

$2.7B33%

Transportation And Electronics Segment

$2.1B26%

Health Care Segment

$2.0B25%

Consumer Segment

$1.2B15%

Geographic Segments

Americas

$4.5B57%

Asia Pacific

$2.1B26%

E M E A

$1.4B18%