Explore 3M
Core profile pages, annual revenue records, and related research hubs for this company.
Explore 3M
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$24.9B
Market Cap
$70.0B
Net Income
$2.8B
Employees
85,000
Today, 3M generates $24.9B in annual revenue and holds more than 100,000 active patents across materials science, adhesives, safety equipment, and healthcare. Revenue fell from $35.4 billion in 2021 to $24.9B by FY2025, a contraction that reflects both the spinoff and the weight of legacy liabilities. Between 2021 and 2024, 3M's reported revenue dropped from $35.4 billion to $23.1 billion — a $12.3 billion decline that looks alarming until you account for the 2023 spinoff of its healthcare business into a separate public company called Solventum. The $2.8 billion net income figure for 2024 reflects a company still generating substantial cash even while absorbing the costs of two landmark legal settlements. Market capitalization of $70 billion represents a significant premium to annual revenue, suggesting investors believe the legal overhang is finite and the underlying business is worth more than near-term earnings imply. 3M's revenue trajectory over the four years through 2024 — $35.4B, $34.2B, $32.7B, $23.1B — shows a company that was already shrinking organically before the spinoff accelerated the headline number downward. The company's $70 billion market cap against $23.1 billion in revenue implies a multiple that prices in eventual legal resolution and post-spinoff margin improvement.
Revenue Trend Analysis
YoY Change
+8%
5-Year CAGR
-5%
Peak Year
2021
Trend
Volatile
3M Company has reported revenue across 6 fiscal years, compounding at -5% annually over 5 years. The most recent year saw a 8% increase versus the prior year. Revenue peaked in 2021 at $35.4B. Out of 5 reported periods, 2 showed growth and 3 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $24.9B | $2.8B | +8.0% |
| FY2024 | $23.1B | — | -29.3% |
| FY2023 | $32.7B | — | -4.5% |
| FY2022 | $34.2B | — | -3.2% |
| FY2021 | $35.4B | — | +9.9% |
| FY2020 | $32.2B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
3M reported about $24.9B in FY2025 revenue. Use the financials page for multi-year trends.
Yes historically, though legal charges and restructuring can distort reported results.
3M employs about 85,000 people across operations and corporate functions.
The 3M financials page lists annual revenue history and segment context.
3M revenue became smaller after April 2024 because the healthcare business was separated into Solventum, leaving a more focused industrial and consumer company.
Using FY2025 sales of about $24.9 billion and roughly 85,000 employees, 3M generated about $293,000 in sales per employee.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "3M Company Revenue & Financials." CorpDigest, https://corpdigest.com/company/3m/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>3M Company reported $25B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/3m/financials" target="_blank" rel="noopener">CorpDigest — 3M Company financials</a></div>