7Baggers

MMM Stock Income Statements

The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.
     Revenue  
     Gross Profit  
     Operating Profit  
     Net Income  
    Quarterly
     | 
    Annual
     
    20160331 20160630 20180630 20180930 20190331 20190630 20190930 20200331 20200630 20200930 20210331 20210630 20210930 20220331 20220630 20220930 20230331 20230630 20230930 20240331 -8,958-6,399.71-3,841.43-1,283.141,275.143,833.436,391.718,950Milllion
    Quarterly Income Statements
    Quarterly
     | 
    Annual
     
      Unit: USD2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31 2020-09-30 2020-06-30 2020-03-31 2019-09-30 2019-06-30 2019-03-31 2018-09-30 2018-06-30 2016-06-30 2016-03-31 2015-09-30 2015-06-30 2015-03-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2011-09-30 2010-06-30 
                                       
        net sales8,003,000,000 8,312,000,000 8,325,000,000 8,031,000,000 8,619,000,000 8,702,000,000 8,829,000,000 8,942,000,000 8,950,000,000 8,851,000,000 8,350,000,000 7,176,000,000 8,075,000,000 7,991,000,000 8,171,000,000 7,863,000,000 8,152,000,000 8,390,000,000 7,662,000,000 7,409,000,000 7,712,000,000  7,578,000,000 8,137,000,000 8,134 7,831 23,302 7,916  7,531,000,000 6,731 
        yoy-7.15% -4.48% -5.71% -10.19% -3.70% -1.68% 5.74% 24.61% 10.84% 10.76% 2.19% -8.74% -0.94% -4.76% 6.64% 6.13% 5.71%  1.11% -8.95% 94811800.66%  32520713.66% 102791714.05%  -100.00% 246.19%     
        qoq-3.72% -0.16% 3.66% -6.82% -0.95% -1.44% -1.26% -0.09% 1.12% 6.00% 16.36% -11.13% 1.05% -2.20% 3.92% -3.55% -2.84% 9.50% 3.41% -3.93%   -6.87% 100036782.22% 3.87% -66.39% 194.37%   111885206.79%  
        operating expenses                               
        cost of sales4,329,000,000 4,580,000,000 4,606,000,000 4,613,000,000 4,728,000,000 5,093,000,000 4,826,000,000 4,853,000,000 4,719,000,000 4,525,000,000 4,303,000,000 3,805,000,000 4,109,000,000 4,188,000,000 4,313,000,000 4,310,000,000 4,159,000,000 4,227,000,000 3,799,000,000 3,678,000,000 3,877,000,000  3,821,000,000 4,205,000,000 4,184 4,031 12,130 4,148  4,027,000,000 3,435 
        selling, general and administrative expenses1,736,000,000 5,992,000,000 12,204,000,000 1,705,000,000 1,998,000,000 3,023,000,000 1,882,000,000 1,819,000,000 1,746,000,000 1,808,000,000 1,677,000,000 1,594,000,000 1,768,000,000 1,455,000,000 1,686,000,000 1,948,000,000 1,547,000,000 1,800,000,000 1,560,000,000 1,493,000,000 1,530,000,000  1,564,000,000 1,597,000,000 1,646 1,632 4,808 1,609  1,534,000,000 1,350 
        research, development and related expenses437,000,000 430,000,000 473,000,000 472,000,000 461,000,000 476,000,000 480,000,000 482,000,000 514,000,000 524,000,000 461,000,000 424,000,000 537,000,000 443,000,000 470,000,000 477,000,000 430,000,000 468,000,000 437,000,000 450,000,000 429,000,000  463,000,000 434,000,000 448 452 1,277 420  389,000,000 350 
        total operating expenses6,502,000,000 10,966,000,000 17,283,000,000 6,790,000,000 4,463,000,000 8,592,000,000 7,188,000,000 7,154,000,000 6,979,000,000 6,857,000,000 6,441,000,000 5,436,000,000 6,412,000,000 5,980,000,000 6,469,000,000 6,727,000,000 6,136,000,000 5,989,000,000 5,796,000,000 5,621,000,000 5,836,000,000  5,848,000,000 6,236,000,000 6,278 6,115 18,215 6,177  5,950,000,000 5,135 
        operating income1,501,000,000 -2,654,000,000 -8,958,000,000 1,241,000,000 4,156,000,000 110,000,000 1,641,000,000 1,788,000,000 1,971,000,000 1,994,000,000 1,909,000,000 1,740,000,000 1,663,000,000 2,011,000,000 1,702,000,000 1,136,000,000 2,016,000,000 2,401,000,000 1,866,000,000 1,788,000,000 1,876,000,000  1,730,000,000 1,901,000,000 1,856 1,716 5,087 1,739  1,581,000,000 1,596 
        yoy-63.88% -2512.73% -645.89% -30.59% 110.86% -94.48% -14.04% 2.76% 18.52% -0.85% 12.16% 53.17% -17.51% -16.24% -8.79% -36.47% 7.46%  7.86% -5.94% 101077486.21%  34008156.34% 109315598.68%  -100.00% 218.73%     
        qoq-156.56% -70.37% -821.84% -70.14% 3678.18% -93.30% -8.22% -9.28% -1.15% 4.45% 9.71% 4.63% -17.30% 18.16% 49.82% -43.65% -16.03% 28.67% 4.36% -4.69%   -9.00% 102424468.97% 8.16% -66.27% 192.52%   99060050.38%  
        other income264,000,000 200,000,000 65,000,000 52,000,000 24,000,000 50,000,000 38,000,000 31,000,000 33,000,000 49,000,000 104,000,000 111,000,000 96,000,000 45,000,000 256,000,000 48,000,000 51,000,000 51,000,000              
        income before income taxes1,237,000,000 -2,854,000,000 -9,023,000,000 1,189,000,000 4,132,000,000 60,000,000 1,603,000,000 1,757,000,000 1,938,000,000 1,945,000,000 1,805,000,000 1,629,000,000 1,567,000,000 1,966,000,000 1,446,000,000 1,088,000,000 1,965,000,000 2,350,000,000 1,835,000,000 1,746,000,000 1,845,000,000  1,703,000,000 1,880,000,000 1,820 1,688 5,004 1,716  1,543,000,000 1,554 
        benefit for income taxes305,000,000 -781,000,000 -2,184,000,000                             
        income of consolidated group932,000,000 -2,073,000,000 -6,839,000,000 979,000,000 3,861,000,000 83,000,000 1,301,000,000 1,433,000,000                        
        income from unconsolidated subsidiaries, net of taxes1,000,000 2,000,000 3,000,000 2,000,000 2,000,000 -1,000,000 2,000,000 4,000,000                        
        net income including noncontrolling interest933,000,000 -2,071,000,000 -6,836,000,000 981,000,000 3,863,000,000 82,000,000 1,303,000,000 1,437,000,000    1,287,000,000 1,294,000,000 1,588,000,000 1,131,000,000 893,000,000 1,546,000,000 1,862,000,000 1,293,000,000 1,278,000,000 1,298,000,000  1,201,000,000 1,311,000,000 1,283 1,225 3,605 1,245  1,103,000,000 1,140 
        less: net income attributable to noncontrolling interest5,000,000 4,000,000 5,000,000 5,000,000 4,000,000 4,000,000 4,000,000 3,000,000 1,000,000 3,000,000 4,000,000 -3,000,000 2,000,000 5,000,000 4,000,000 2,000,000 3,000,000 5,000,000 2,000,000 3,000,000 2,000,000  2,000,000 8,000,000 16 18 49 15  15,000,000 19 
        net income attributable to 3m928,000,000 -2,075,000,000 -6,841,000,000 976,000,000 3,859,000,000 78,000,000 1,299,000,000 1,434,000,000 1,524,000,000 1,624,000,000 1,413,000,000 1,290,000,000 1,292,000,000 1,583,000,000 1,127,000,000 891,000,000 1,543,000,000 1,857,000,000 1,291,000,000 1,275,000,000 1,296,000,000  1,199,000,000 1,303,000,000 1,267 1,207 3,556 1,230  1,088,000,000 1,121 
        yoy-75.95% -2760.26% -626.64% -31.94% 153.22% -95.20% -8.07% 11.16% 17.96% 2.59% 25.38% 44.78% -16.27% -14.75% -12.70% -30.12% 19.06%  7.67% -2.15% 102288771.35%  33717560.29% 105934859.35%  -100.00% 217.22%     
        qoq-144.72% -69.67% -800.92% -74.71% 4847.44% -94.00% -9.41% -5.91% -6.16% 14.93% 9.53% -0.15% -18.38% 40.46% 26.49% -42.26% -16.91% 43.84% 1.25% -1.62%   -7.98% 102841257.54% 4.97% -66.06% 189.11%   97056099.82%  
        weighted-average 3m common shares outstanding — basic555,000,000 554,300,000 553,900,000 552,700,000 568,800,000 571,000,000 572,300,000 579,600,000 581,000,000 580,500,000 577,800,000 577,000,000 576,800,000 576,500,000 577,700,000 577,500,000 585,600,000 591,400,000 606,900,000 607,400,000 620,600,000  636,200,000 645,300,000 652 661.5  679.8   714.5 
        earnings per share attributable to 3m common shareholders — basic1.67 -3.74 -12.35 1.77 6.79 0.14 2.27 2.47 2.62 2.8 2.45 2.24 2.24 2.75 1.95 1.54 2.64 3.14 2.13 2.1 2.09  1.88 2.02 1.94 1.83 5.18 1.81   1.57 
        weighted-average 3m common shares outstanding — diluted555.9 554.3 553.9 553.2 570 572.7 575 586.3 588.6 586.3 582.4 580.8 581.5 583 586.1 588.5 598.4 604.2 620.9 621.3 631.2  649.2 657.9 664.6 674.5  691.8   725.7 
        earnings per share attributable to 3m common shareholders — diluted1.67 -3.74 -12.35 1.76 6.77 0.14 2.26 2.45 2.59 2.77 2.43 2.22 2.22 2.72 1.92 1.51 2.58 3.07 2.08 2.05 2.05  1.85 1.98 1.91 1.79 5.1 1.78   1.54 
        gain on business divestitures -36,000,000   -2,724,000,000                           
        benefit from income taxes   210,000,000 271,000,000 -23,000,000 302,000,000 324,000,000 415,000,000 319,000,000 387,000,000 342,000,000 273,000,000 378,000,000 315,000,000 195,000,000 419,000,000 488,000,000 542,000,000 468,000,000 547,000,000  502,000,000 569,000,000 537 463 1,399 471  440,000,000 414 
        gain on sale of businesses               -8,000,000  -506,000,000              
        ​                               
        cash dividends paid per 3m common share                1.36 1.36 1.11 1.11 1.025  1.025 0.855 0.855 0.855 1.905 0.635  0.55 0.525 
        interest expense and income                               
        gains associated with defined benefit pension and postretirement plans amortization                               
        net actuarial loss                               
        debt and equity security gains                               
        cash flow hedging instruments gains                               
        interest rate swap contracts                               
        gains associated with, defined benefit pension and postretirement plans amortization                               
        foreign currency forward contracts                               
        weighted-average 3m common shares outstanding – basic                             707,700,000  
        earnings per share attributable to 3m common shareholders – basic                             1.54  
        weighted-average 3m common shares outstanding – diluted                             715.5  
        earnings per share attributable to 3m common shareholders – diluted                             1.52