3M

Industrials Industrial Conglomerates Saint Paul, Minnesota Last filing Feb 3, 2026 · FY2025

                    Revenue
                    FY2025
                
$24.9B
                    3y CAGR -1.6%
                    
                    P19
                    
                    +1.5%
                    
                    Net income
                    FY2025
                
$3.2B
                    Net margin +13.0%
                    
                    P53
                    
                    -22.1%
                    
                    Total assets
                    FY2025
                
$37.7B
                    ROA +8.6%
                    
                    P54
                    
                    -5.4%
                    
                    Operating cash flow
                    FY2025
                
$2.3B
                    FCF margin +5.6%
                    
                    P14
                    
                    +26.8%

19 yrs · FY2007–FY2025 9 filed · 0 derived · 0 blank

1Y 3Y 5Y 10Y

Dollars % of revenue % of assets YoY % CAGR

Each cell as a share of that year’s revenue.

Balance Sheet

Assets, liabilities, and equity

28 accounts · 3 years

Total assets $37.7B

Total liabilities $33.0B

Shareholders equity $4.7B

Account	2025	2024	2023
Assets
Cash and Cash Equivalents	21.0%	22.8%	23.3%
Short Term Investments	2.8%	8.7%	0.2%
Accounts Receivable	14.2%	13.0%	14.6%
Inventory	14.7%	15.0%	16.0%
Prepaid Expenses	1.6%	2.0%	1.4%
Other Current Assets	11.5%	3.1%	11.0%
Total Current Assets	65.7%	64.6%	66.6%
Property,Plant and Equipment	28.5%	30.1%	31.2%
Goodwill	25.7%	25.6%	25.9%
Intangible Assets	4.4%	4.9%	5.4%
Other Noncurrent Assets	26.9%	37.0%	73.7%
Total Assets	151.2%	162.2%	205.5%
Liabilities
Accounts Payable	10.8%	10.8%	11.3%
Accrued Liabilities	2.9%	2.9%	4.1%
Current Portion of Long Term Debt	6.7%	7.8%	12.0%
Other Current Liabilities	18.1%	24.3%	34.1%
Total Current Liabilities	38.5%	45.8%	62.2%
Long Term Debt	43.8%	45.3%	53.2%
Other Noncurrent Liabilities	49.9%	55.3%	68.5%
Total Liabilities	132.2%	146.4%	185.7%
Equity
Common Stock	0.0%	0.0%	0.0%
Additional Paid In Capital	29.8%	29.4%	28.3%
Retained Earnings	153.4%	149.7%	152.3%
Treasury Stock	144.0%	140.2%	133.5%
Accumulated Other Comprehensive Income	-20.3%	-23.3%	-27.5%
Total Stockholders Equity	18.8%	15.6%	19.5%
Noncontrolling Interest	0.2%	0.2%	0.2%
Total Liabilitiesand Equity	151.2%	162.2%	205.5%

Income Statement

Revenue, expense, and profitability

15 accounts · 3 years

Revenue $24.9B

Operating income $4.6B

Net income $3.2B

Account	2025	2024	2023
IncomeStatement
Revenues Total Revenue	100.0%	100.0%	100.0%
Expenses Cost of Revenue	60.1%	58.8%	60.9%
Expenses Research and Development	4.7%	4.4%	4.7%
Expenses Selling,General and Administrative	16.0%	17.2%	78.0%
Expenses Other Operating Expenses	0.6%	0.0%	-0.1%
Other Income Expense Operating Income	18.6%	19.6%	-43.4%
Other Income Expense Other Income/expense	-1.7%	-0.0%	-2.4%
Other Income Expense Income Before Tax	16.9%	19.6%	-45.8%
Income Tax Income Tax Expense	4.0%	3.3%	-11.6%
net Income Other Items Below Tax	0.2%	0.6%	5.7%
net Income net Income	13.0%	17.0%	-28.4%
net Income Comprehensive Income	15.6%	18.9%	-28.9%
Earnings Per Share Basic Eps	0.0%	0.0%	-0.0%
Earnings Per Share Diluted Eps	0.0%	0.0%	-0.0%
Earnings Per Share Weighted Average Shares Diluted	2.2%	2.2%	2.3%

Cash Flow Statement

Operating, investing, and financing flows

22 accounts · 3 years

Operating cash flow $2.3B

Investing cash flow $1.4B

Financing cash flow $-4.0B

Account	2025	2024	2023
CashFlow
Operating Activities net Income	13.1%	17.0%	-28.4%
Operating Activities Depreciation and Amortization	5.2%	5.5%	8.1%
Operating Activities Stock Based Compensation	0.9%	1.2%	1.1%
Operating Activities Deferred Income Taxes	1.7%	1.3%	-15.7%
Operating Activities Changes In Operating Assets and Liabilities	-12.8%	-21.3%	62.2%
Operating Activities Other Non Cash Items	1.2%	3.6%	-0.2%
Operating Activities net Cash From Operating Activities	9.2%	7.4%	27.1%
Investing Activities Capital Expenditures	-3.6%	-4.8%	-6.6%
Investing Activities Purchases of Investments	-5.2%	-16.9%	-6.0%
Investing Activities Proceeds From Sale of Investments	13.9%	8.4%	6.7%
Investing Activities Other Investing Activities	0.4%	0.2%	0.9%
Investing Activities net Cash From Investing Activities	5.4%	-13.0%	-4.9%
Financing Activities Proceeds From Debt	4.4%	34.0%	11.5%
Financing Activities Repayment of Debt	-7.3%	-11.6%	-11.7%
Financing Activities Repurchase of Common Stock	-13.0%	-7.3%	-0.1%
Financing Activities Dividends Paid	-6.3%	-8.1%	-13.5%
Financing Activities Proceeds From Stock Issuance	6.3%	0.4%	1.1%
Financing Activities Other Financing Activities	-0.2%	-2.9%	-0.1%
Financing Activities net Cash From Financing Activities	-16.1%	4.5%	-12.8%
Cash Reconciliation Effect of Exchange Rate On Cash	0.2%	-0.2%	-0.2%
Cash Reconciliation Other Changes In Cash	-0.2%	0.0%	0.0%
Cash Reconciliation net Change In Cash	-1.5%	-1.4%	9.3%

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 3 years

Ratio	2025	2024	2023
Profitability
Gross margin	+39.9%	+41.2%	+39.1%
Operating margin	+18.6%	+19.6%	-43.4%
Net margin	+13.0%	+17.0%	-28.4%
FCF margin	+5.6%	+2.6%	+20.6%
Growth
Revenue CAGR (3y)	-1.6%	-11.4%	-8.6%
Returns
ROE	+69.1%	+108.6%	-145.5%
ROA	+8.6%	+10.5%	-13.8%
ROIC	+29.2%	+35.6%	-70.8%
Liquidity
Current ratio	1.71x	1.41x	1.07x
Quick ratio	0.91x	0.78x	0.61x
Leverage
D/E	7.02x	9.36x	9.51x
Interest coverage	—	—	—
Efficiency
Asset turnover	0.66x	0.62x	0.49x
Cash conversion cycle	+75d	+74d	+82d

Valuation

Price against fundamentals

FY2025 fundamentals · no price

No price data cached, so there is nothing to multiply. Load prices from the Stock Data tab and this panel reprices itself.

Notes

Your annotations

Not watched

3M

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Recent price history