3M Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1993
Revenue	32,681	34,229	35,355	32,184	32,136	Upgrade
Revenue Growth (YoY)	-4.52%	-3.18%	9.85%	0.15%	-1.92%	Upgrade
Cost of Revenue	18,477	19,232	18,795	16,605	17,136	Upgrade
Gross Profit	14,204	14,997	16,560	15,579	15,000	Upgrade
Selling, General & Admin	21,526	9,049	7,197	6,929	7,029	Upgrade
Research & Development	1,842	1,862	1,994	1,878	1,911	Upgrade
Other Operating Expenses	-36	-2,453	0	-389	-114	Upgrade
Operating Expenses	23,332	8,458	9,191	8,418	8,826	Upgrade
Operating Income	-9,128	6,539	7,369	7,161	6,174	Upgrade
Interest Expense / Income	0	0	0	529	448	Upgrade
Other Expense / Income	558	150	163	-154	95	Upgrade
Pretax Income	-9,686	6,389	7,206	6,786	5,631	Upgrade
Income Tax	-2,691	612	1,285	1,337	1,114	Upgrade
Net Income	-6,995	5,777	5,921	5,449	4,517	Upgrade
Net Income Growth	-	-2.43%	8.66%	20.63%	-15.55%	Upgrade
Shares Outstanding (Basic)	554	566	579	578	577	Upgrade
Shares Outstanding (Diluted)	554	568	585	582	585	Upgrade
Shares Change	-2.41%	-3.02%	0.53%	-0.50%	-2.81%	Upgrade
EPS (Basic)	-12.63	10.21	10.23	9.43	7.83	Upgrade
EPS (Diluted)	-12.63	10.18	10.12	9.36	7.72	Upgrade
EPS Growth	-	0.59%	8.12%	21.24%	-13.16%	Upgrade
Free Cash Flow	5,184	4,042	5,902	6,740	5,494	Upgrade
Free Cash Flow Per Share	9.36	7.14	10.19	11.67	9.52	Upgrade
Dividend Per Share	6.000	5.960	5.920	5.880	5.760	Upgrade
Dividend Growth	0.67%	0.68%	0.68%	2.08%	5.88%	Upgrade
Gross Margin	43.46%	43.81%	46.84%	48.41%	46.68%	Upgrade
Operating Margin	-27.93%	19.10%	20.84%	22.25%	19.21%	Upgrade
Profit Margin	-21.40%	16.88%	16.75%	16.93%	14.06%	Upgrade
Free Cash Flow Margin	15.86%	11.81%	16.69%	20.94%	17.10%	Upgrade
Effective Tax Rate	-	9.58%	17.83%	19.70%	19.78%	Upgrade
EBITDA	-7,699	8,220	9,121	9,226	7,672	Upgrade
EBITDA Margin	-23.56%	24.01%	25.80%	28.67%	23.87%	Upgrade
Depreciation & Amortization	1,987	1,831	1,915	1,911	1,593	Upgrade
EBIT	-9,686	6,389	7,206	7,315	6,079	Upgrade
EBIT Margin	-29.64%	18.67%	20.38%	22.73%	18.92%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).