3M Company
MMMFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
24,575
Cost of Revenue
14,495
Gross Profit
10,080
Gross Margin
41.0%
Operating Income
4,931
Operating Margin
20.1%
Net Income
4,173
Net Margin
17.0%
EPS (Basic)
$7.58
EPS (Diluted)
$7.55
EBITDA
7,225
EBITDA Margin
29.4%
2023
12/31/2023
Revenue
24,610
Cost of Revenue
15,037
Gross Profit
9,573
Gross Margin
38.9%
Operating Income
4,047
Operating Margin
16.4%
Net Income
-6,995
Net Margin
-28.4%
EPS (Basic)
$-12.63
EPS (Diluted)
$-12.63
EBITDA
-8,906
EBITDA Margin
-36.2%
2022
12/31/2022
Revenue
34,229
Cost of Revenue
19,263
Gross Profit
14,966
Gross Margin
43.7%
Operating Income
4,073
Operating Margin
11.9%
Net Income
5,777
Net Margin
16.9%
EPS (Basic)
$10.21
EPS (Diluted)
$10.18
EBITDA
8,721
EBITDA Margin
25.5%
2021
12/31/2021
Revenue
35,355
Cost of Revenue
18,743
Gross Profit
16,612
Gross Margin
47.0%
Operating Income
7,526
Operating Margin
21.3%
Net Income
5,921
Net Margin
16.7%
EPS (Basic)
$10.23
EPS (Diluted)
$10.12
EBITDA
9,576
EBITDA Margin
27.1%
2020
12/31/2020
Revenue
32,184
Cost of Revenue
16,581
Gross Profit
15,603
Gross Margin
48.5%
Operating Income
6,957
Operating Margin
21.6%
Net Income
5,449
Net Margin
16.9%
EPS (Basic)
$9.43
EPS (Diluted)
$9.36
EBITDA
9,259
EBITDA Margin
28.8%