3M CO
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 12,602 | 72.8 |
| Stockholders' equity | 4,702 | 27.2 |
| Total capitalization | 17,304 | 100.0 |
515,722,417 shares outstanding at 30 June 2026 (cover page of the 10-Q filed 21 July 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Long-term debt, incl. current maturities | 12,602 |
| Long-term debt, noncurrent | 10,932 |
| Current maturities | 1,670 |
CAPITAL STOCK 12/31/25
| Common shares authorized | 3,000,000,000 |
| Common shares issued | 944,033,056 |
| Treasury shares | 413,753,925 |
| Par or stated value per share ($) | 0.01 |
| Outstanding at 6/30/26 | 515,722,417 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | 2.92 | 48.7 |
| 2024 | 3.61 | 47.8 |
| 2023 | 6.00 | – |
| 2022 | 5.96 | 58.5 |
| 2021 | 5.92 | 58.5 |
HISTORY AND BUSINESS
HISTORY: Incorporated in Delaware. Formerly known as MINNESOTA MINING & MANUFACTURING CO (to 6 February 2002).
BUSINESS: Classified by the SEC under Standard Industrial Classification 3841, Surgical & Medical Instruments & Apparatus. Large accelerated filer. Principal executive office: 3M Center, Bldg. 220-9E-02, St Paul, MN 55144-1000. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Revenues | 24,948 | 24,575 | 24,610 |
| Cost of revenues | 14,991 | 14,447 | 14,983 |
| Research and development | – | 700 | 700 |
| Selling, general and administrative | 3,997 | 4,221 | 19,198 |
| Depreciation and amortization | 1,308 | 1,363 | 1,987 |
| Operating income | 4,629 | 4,822 | (10,689) |
| Interest expense | 946 | 1,191 | 942 |
| Income before income taxes | 4,213 | 4,819 | (11,271) |
| Income taxes | 1,003 | 804 | (2,867) |
| Net income | 3,250 | 4,173 | (6,995) |
| Earned per share, diluted ($) | 6.00 | 7.55 | (12.63) |
| Dividends per share ($) | 2.92 | 3.61 | 6.00 |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Receivables, net | 3,533 | 3,194 |
| Inventories | 3,661 | 3,698 |
| Total current assets | 16,387 | 15,884 |
| Property, plant and equipment, net | 7,101 | 7,388 |
| Goodwill | 6,419 | 6,281 |
| Total assets | 37,733 | 39,868 |
| Total current liabilities | 9,595 | 11,256 |
| Long-term debt | 10,932 | 11,125 |
| Total liabilities | 32,986 | 35,974 |
| Stockholders' equity | 4,702 | 3,842 |
| Total liabilities and equity | 37,733 | 39,868 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 24,948 | 4,629 | 3,250 | 13.0 | 6.00 | 2.92 | 2,306 | 910 | 1,396 | 37,733 | 32,986 | 12,602 | 4,702 | 69.1 | 2.68 |
| 12/31/24 | 24,575 | 4,822 | 4,173 | 17.0 | 7.55 | 3.61 | 1,819 | 1,181 | 638 | 39,868 | 35,974 | 13,044 | 3,842 | 108.6 | 3.40 |
| 12/31/23 | 24,610 | (10,689) | (6,995) | -28.4 | (12.63) | 6.00 | 6,680 | 1,615 | 5,065 | 50,580 | 45,712 | 14,240 | 4,807 | -145.5 | 2.96 |
| 12/31/22 | 26,161 | 4,369 | 5,777 | 22.1 | 10.18 | 5.96 | 5,591 | 1,749 | 3,842 | 46,455 | 31,685 | 15,939 | 14,722 | 39.2 | 1.08 |
| 12/31/21 | 35,355 | 7,369 | 5,921 | 16.7 | 10.12 | 5.92 | 7,454 | 1,603 | 5,851 | 47,072 | 31,955 | 17,347 | 15,046 | 39.4 | 1.15 |
| 12/31/20 | 32,184 | 7,161 | 5,449 | 16.9 | 9.36 | 5.88 | 8,113 | 1,501 | 6,612 | 47,344 | 34,413 | 18,783 | 12,867 | 42.3 | 1.46 |
| 12/31/19 | 32,136 | 6,174 | 4,517 | 14.1 | 7.72 | 5.76 | 7,070 | 1,699 | 5,371 | 44,659 | 34,533 | 19,359 | 10,063 | 44.9 | 1.92 |
| 12/31/18 | 32,765 | 7,207 | 5,349 | 16.3 | 8.89 | 5.44 | 6,439 | 1,577 | 4,862 | 36,500 | 26,652 | 14,156 | 9,796 | 54.6 | 1.45 |
| 12/31/17 | 31,657 | 7,692 | 4,858 | 15.3 | 7.93 | 4.70 | 6,240 | 1,373 | 4,867 | 37,987 | 26,365 | 13,198 | 11,563 | 42.0 | 1.14 |
| 12/31/16 | 30,109 | 7,027 | 5,050 | 16.8 | 8.16 | 4.44 | 6,662 | 1,420 | 5,242 | 32,906 | 22,563 | 11,478 | 10,298 | 49.0 | 1.11 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
3M CO
CIK 66740 · EIN 41-0417775
PRINCIPAL OFFICE:
3M Center, Bldg. 220-9E-02, St Paul, MN 55144-1000
Tel.: 6517331110
INCORPORATED:
Delaware
INDUSTRY (SEC SIC CODE):
3841 · Surgical & Medical Instruments & Apparatus
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 3 February 2026
FORMER NAMES:
MINNESOTA MINING & MANUFACTURING CO
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/3/26) · 10-K FY2024 (filed 2/5/25) · 10-K FY2023 (filed 2/7/24) · 10-K FY2022 (filed 2/8/23) · 10-K FY2021 (filed 2/9/22) · 10-K FY2020 (filed 2/4/21) · 10-K FY2019 (filed 2/6/20) · 10-K FY2018 (filed 2/7/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.