Explore 3M Company
Core profile pages, annual revenue records, and related research hubs for this company.
CorpDigest
Explore 3M Company
Core profile pages, annual revenue records, and related research hubs for this company.
Annual Revenue
FY2024 Revenue
$23.1B
▼ 29.3% vs FY2023 ($32.7B)
Net Income: $2.8B
Source: Annual report / company filing
3M Company reported $23.1B in revenue for fiscal year 2024. This represents a decline of 29.3% compared to the 2023 figure of $32.7B. In 2025, revenue increased to $24.9B.
Revenue dropped 29% mainly because 3M spun off its healthcare business as Solventum in 2023.
| Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $24.9B | — | +8.0% |
| FY2024 | $23.1B | $2.8B | -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.