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
FY2025 Revenue
$24.9B
▲ 8% vs FY2024 ($23.1B)
Source: Annual report / company filing
3M Company reported $24.9B in revenue for fiscal year 2025. This represents a growth of 8% compared to the 2024 figure of $23.1B.
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.
| 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.