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$164.97+1.30%
as of market close, Sep 11, 2026
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MMM financial statements

The full income statement, balance sheet, and cash-flow statement for 3M Company (MMM), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 549.4M2024-09 544.6M2024-12 542.9M2025-03 538.2M2025-06 532.6M2025-09 531.2M2025-12 526.7M2026-03 521.6M2026-06 515.7M-6.1% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

As-reported fiscal years.
Line itemTrendFY2025FY2024FY2023FY2022FY2021
Income Statementas ofDec 31 ’25as ofDec 31 ’24as ofDec 31 ’23as ofDec 31 ’22as ofDec 31 ’21
24.9B+1.5%24.6B-0.1%24.6B-5.9%26.2B-26.0%35.4B+9.9%
Lease income590M+2.3%577M-0.9%582M-0.7%
Cost of revenue15.0B+3.8%14.4B-3.6%15.0B-5.5%15.9B-15.7%18.8B+13.2%
Research & development700M+0.0%700M-12.5%800M-33.3%1.20B+9.1%
Selling, general & administrative4.00B-5.3%4.22B-78.0%19.2B+165.5%7.23B+0.5%7.20B+3.9%
Amortization of intangibles104M-3.7%108M-15.0%127M+1.6%125M-76.4%529M-1.5%
Operating income4.63B-4.0%4.82B+145.1%-10.7B-344.7%4.37B-40.7%7.37B+2.9%
Interest expense946M-20.6%1.19B+26.4%942M+103.9%462M-5.3%488M-7.8%
Other non-operating income-416M-13766.7%-3.00M+99.5%-582M-252.7%-165M+0.0%-165M+54.9%
Equity-method income11.0M+10.0%10.0M+300.0%
Gain (loss) on equity securities
0.00
Pre-tax income4.21B-12.6%4.82B+142.8%-11.3B-368.1%4.20B-41.6%7.20B+6.0%
Income tax1.00B+24.8%804M+128.0%-2.87B-1625.0%188M-85.4%1.28B-3.9%
3.25B-22.1%4.17B+159.7%-7.00B-221.1%5.78B-2.4%5.92B+8.7%
Income from continuing operations3.25B-18.9%4.01B+147.7%-8.40B-309.4%4.01B
Net income to non-controlling interest12.0M-20.0%15.0M-6.3%16.0M+14.3%14.0M+75.0%8.00M+100.0%
$6.00-20.5%$7.55+159.8%-$12.63-224.1%$10.18+0.6%$10.12+8.1%
EPS (basic)$6.05-20.2%$7.58+160.0%-$12.63-223.7%$10.21-0.2%$10.23+8.5%
Weighted-avg shares (basic)537M-2.4%551M-0.6%554M-2.1%566M-2.2%579M+0.2%
Weighted-avg shares (diluted)541M-2.0%552M-0.3%554M-2.4%568M-3.0%585M+0.5%
Dividends per share$2.92-19.1%$3.61-39.8%$6.00+0.7%$5.96+0.7%$5.92+0.7%
Balance Sheetas ofDec 31 ’25as ofDec 31 ’24as ofDec 31 ’23as ofDec 31 ’22as ofDec 31 ’21
16.4B+3.2%15.9B-3.0%16.4B+11.5%14.7B-4.6%15.4B+2.8%
Cash & equivalents5.24B-6.5%5.60B-5.6%5.93B+62.3%3.65B-19.9%4.56B-1.5%
Accounts receivable3.53B+10.6%3.19B-11.3%3.60B-20.5%4.53B-2.7%4.66B-1.0%
Inventory3.66B-1.0%3.70B-6.2%3.94B-26.6%5.37B+7.8%4.99B+17.6%
Prepaid expenses391M-20.7%493M+43.3%344M-20.9%435M-33.5%654M-3.1%
Other current assets2.82B+266.1%771M+136.5%326M-28.5%456M+34.5%339M+4.3%
37.7B-5.4%39.9B-21.2%50.6B+8.9%46.5B-1.3%47.1B-0.6%
Property, plant & equipment7.10B-3.9%7.39B-3.9%7.69B-16.2%9.18B-2.7%9.43B+0.1%
Operating lease right-of-use516M-8.7%565M-14.0%657M-20.7%829M-3.4%858M-0.7%
Goodwill6.42B+2.2%6.28B-1.6%6.38B+0.7%6.34B-53.0%13.5B-2.3%
Intangible assets1.10B-8.8%1.21B-8.5%1.32B-71.8%4.70B-11.1%5.29B-9.4%
Deferred tax assets4.15B-13.2%4.78B+398.3%959M+65.1%581M-33.3%
Other non-current assets6.72B-26.2%9.11B+33.8%6.81B+59.4%4.27B+63.8%2.61B+6.9%
9.60B-14.8%11.3B-26.4%15.3B+60.6%9.52B+5.4%9.04B+13.7%
Accounts payable2.70B+1.6%2.66B-4.2%2.78B-12.8%3.18B+6.3%2.99B+16.9%
Deferred revenue15.0M-34.8%23.0M-95.7%538M+1.7%529M+6.2%
Short-term & current debt1.67B-13.0%1.92B+66.6%1.15B-40.6%1.94B+50.1%1.29B+62.6%
Current lease liability167M+2.5%163M-15.1%192M-26.4%261M-0.8%263M+2.7%
Other current liabilities4.45B-25.4%5.96B-10.4%6.66B+108.8%3.19B-0.0%3.19B-2.7%
Finance lease liability (current)11.0M+57.1%7.00M-68.2%
33.0B-8.3%36.0B-21.3%45.7B+44.3%31.7B-0.8%32.0B-7.1%
Long-term debt10.9B-1.7%11.1B-15.0%13.1B-6.5%14.0B-12.8%16.1B-10.7%
Non-current lease liability363M-10.4%405M-12.7%464M-20.0%580M-1.9%591M-3.0%
Operating lease liability (total)530M-6.7%568M-25.2%759M-9.8%841M-1.5%854M-1.3%
Finance lease liability (total)86.0M-14.0%100M-13.0%
Finance lease liability47.0M-21.7%60.0M-20.0%75.0M-19.4%93.0M+0.0%
Deferred tax liabilities354M+12.4%315M-43.6%559M+22.1%458M+37.5%
Other non-current liabilities10.8B-8.1%11.8B-16.0%14.0B+149.7%5.62B+65.0%3.40B-1.7%
4.70B+22.4%3.84B-20.1%4.81B-67.3%14.7B-2.2%15.0B+16.9%
Common stock9.00M+0.0%9.00M+0.0%9.00M+0.0%9.00M+0.0%9.00M+0.0%
Additional paid-in capital7.44B+2.9%7.23B+3.9%6.96B+4.0%6.69B+4.1%6.43B+4.3%
Retained earnings38.3B+4.0%36.8B-1.8%37.5B-21.8%48.0B+4.6%45.8B+4.6%
Treasury stock35.9B+4.3%34.5B+4.9%32.9B-1.2%33.3B+9.2%30.5B+3.6%
Accumulated other comprehensive income-5.07B+11.6%-5.73B+15.4%-6.78B-1.6%-6.67B+1.1%-6.75B+12.6%
Non-controlling interest45.0M-13.5%52.0M-14.8%61.0M+27.1%48.0M-32.4%71.0M+10.9%
Total equity incl. non-controlling4.75B+21.9%3.89B-20.0%4.87B-67.0%14.8B-2.3%15.1B+16.9%
Total liabilities & equity37.7B-5.4%39.9B-21.2%50.6B+8.9%46.5B-1.3%47.1B-0.6%
Common shares issued944M+0.0%944M+0.0%944M+0.0%944M+0.0%944M+0.0%
Common shares outstanding530M-1.7%539M-2.4%553M+0.6%549M-4.0%572M-1.0%
Shares outstanding (cover)527M-3.0%543M-1.8%553M+0.4%551M-3.6%571M-1.4%
Cash Flowas ofDec 31 ’25as ofDec 31 ’24as ofDec 31 ’23as ofDec 31 ’22as ofDec 31 ’21
2.31B+26.8%1.82B-72.8%6.68B+19.5%5.59B-25.0%7.45B-8.1%
Depreciation & amortization1.31B-4.0%1.36B-31.4%1.99B+8.5%1.83B-4.4%1.92B+0.2%
Intangible amortization104M-3.7%108M-15.0%127M+1.6%125M-76.4%529M-1.5%
Share-based compensation225M-22.1%289M+5.5%274M+4.2%263M-4.0%274M+4.6%
Deferred income taxes418M+30.2%321M+108.3%-3.85B-481.4%-663M-299.4%-166M-0.6%
Change in receivables211M+285.1%-114M-167.1%170M+61.9%105M-13.9%122M+173.9%
Change in inventory-139M-239.0%-41.0M+92.8%-567M-190.1%629M-30.3%903M+892.3%
Change in payables21.0M-54.3%46.0M-66.7%138M+24.3%111M-78.6%518M+105.6%
1.35B+142.1%-3.21B-165.6%-1.21B-15.4%-1.05B+20.6%-1.32B-127.1%
Capital expenditure910M-22.9%1.18B-26.9%1.61B-7.7%1.75B+9.1%1.60B+6.8%
Free cash flow1.40B+118.8%638M-87.4%5.07B+31.8%3.84B-34.3%5.85B-11.5%
Acquisitions0.000.000.000.000.00-100.0%
Purchases of investments1.30B-68.6%4.15B+183.3%1.47B+17.3%1.25B-43.2%2.20B+39.5%
Sales/maturities of investments3.47B+67.2%2.07B+24.9%1.66B+31.6%1.26B-47.6%2.41B+32.9%
Other investing activities3.00M-57.1%7.00M+120.0%-35.0M-3400.0%-1.00M+96.8%-31.0M-210.0%
-4.02B-465.8%1.10B+134.9%-3.15B+41.2%-5.35B+12.9%-6.14B-15.9%
Long-term debt issued0.000.000.000.000.00
Long-term debt repaid0.000.000.000.000.00
Common stock issued0.000.000.000.000.00
Common stock repurchased3.25B+80.5%1.80B+5357.6%33.0M-97.7%1.46B-33.4%2.20B+497.6%
Dividends paid1.56B-21.2%1.98B-40.1%3.31B-1.7%3.37B-1.5%3.42B+0.9%
Other financing activities-49.0M+49.0%-96.0M-357.1%-21.0M+65.0%-60.0M-200.0%-20.0M+79.6%
Net change in cash-365M-9.6%-333M-114.6%2.28B+350.6%-909M-1198.6%-70.0M-103.1%
Interest paid467M-7.5%505M-2.9%520M+18.2%440M-6.8%472M-9.9%
Income taxes paid800M-6.1%852M-38.4%1.38B+4.8%1.32B-22.1%1.70B+25.5%
Valuation Ratiosas ofDec 31 ’25as ofDec 31 ’24as ofDec 31 ’23as ofDec 31 ’22as ofDec 31 ’21
Market cap84.3B+20.3%70.1B+38.8%50.5B-8.9%55.4B-34.7%84.8B+0.2%
P/E25.9×+54.5%16.8×8.4×-41.2%14.3×-7.8%
P/S3.4×+18.5%2.9×+5.2%2.7×+70.1%1.6×-33.5%2.4×-8.8%
P/B17.9×-1.7%18.2×+68.8%10.8×+174.5%3.9×-30.2%5.6×-14.3%
P/FCF60.4×-45.0%109.8×+956.0%10.4×-27.3%14.3×-1.3%14.5×+13.3%
Earnings yield3.9%-35.3%6.0%11.9%+69.9%7.0%+8.4%
FCF yield1.7%+81.9%0.91%-90.5%9.6%+37.5%7.0%+1.4%6.9%-11.7%
Dividend yield1.8%-34.8%2.8%-57.4%6.6%+10.4%5.9%+49.1%4.0%-0.9%
Source filing10-K10-K10-K10-K10-K

About this data

Source: MMM’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all MMM filings on SEC EDGAR → Not investment advice.