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MMM logo3M Company (MMM) Earnings History

Annual and quarterly earnings data from 1989 to 2025

TTM Net Income
$2.79B
Profitable
TTM EPS
$5.23
Diluted
YoY EPS Growth
-20.5%
Declining
Net Margin
13.0%
Profitability
Operating Margin18.3%
Gross Margin39.6%
ROE75.2%
ROA8.4%
Highest Annual Net Income$5.92B (2021)
Highest Quarterly EPS$6.77 (Q3 2022)
Consecutive Profitable Years2 years
Q1 2026
Net Income$653M
EPS$1.23
QoQ Growth+13.2%Strong

Loading earnings history...

MMM EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-20.5%
Declining
3-Year
-16.2%
Declining
5-Year
-8.5%
Slow
10-Year
-2.3%
Slow

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

MMM Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202539.6%18.3%13.0%
202441.0%20.1%17.0%
202338.9%16.4%-28.4%
202243.7%11.9%16.9%
202147.0%21.3%16.7%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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3M Company (MMM) Earnings Overview

As of May 6, 2026, 3M Company (MMM) reported trailing twelve-month net income of $2.79B, reflecting -20.5% year-over-year growth. The company earned $5.23 per diluted share over the past four quarters, with a net profit margin of 13.0%.

Looking at the long-term picture, MMM's 5-year EPS compound annual growth rate (CAGR) stands at -8.5%, signaling declining earnings. The company achieved its highest annual net income of $5.92B in fiscal 2021.

3M Company maintains positive profitability with a gross margin of 39.6%, operating margin of 18.3%, and net margin of 13.0%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including HON ($4.10B net income, 12.6% margin), EMR ($2.44B net income, 12.7% margin), ITW ($3.13B net income, 19.1% margin), MMM has outperformed on profitability metrics. Compare MMM vs HON →

MMM Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
MMM logoMMMCurrent
$2.8B$5.2313.0%75.2%-20.5%—
HON logoHON
$4.1B$6.4212.6%27.3%-15.5%
EMR logoEMR
$2.4B$4.3412.7%9.6%+17.8%
ITW logoITW
$3.1B$10.8419.1%93.7%-10.4%
ETN logoETN
$4.0B$10.2514.9%21.5%+10.1%
PH logoPH
$3.5B$27.1917.8%27.4%+24.2%
Best in group
Lowest in group

MMM Historical Earnings Data (1989–2025)

37 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$3.25B-22.1%$4.56B$6.0013.0%18.3%
2024$4.17B+159.7%$4.93B$7.5517.0%20.1%
2023-$7.00B-221.1%$4.05B$-12.63-28.4%16.4%
2022$5.78B-2.4%$4.07B$10.1816.9%11.9%
2021$5.92B+8.7%$7.53B$10.1216.7%21.3%
2020$5.45B+19.2%$6.96B$9.3616.9%21.6%
2019$4.57B-14.6%$6.97B$7.8114.2%21.7%
2018$5.35B+10.1%$7.77B$8.8916.3%23.7%
2017$4.86B-3.8%$7.23B$7.9315.3%22.8%
2016$5.05B+4.5%$7.02B$8.1616.8%23.3%

Full MMM Stock Analysis

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Is MMM Undervalued?

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Compare MMM vs SPIR

Side-by-side business, growth, and profitability comparison vs Spire Global, Inc..

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MMM — Frequently Asked Questions

Quick answers to the most common questions about buying MMM stock.

Is MMM growing earnings?

MMM EPS fell to $5.23, with earnings declining -20.5%. This contrasts with the 5-year CAGR of -8.5%. TTM net income dropped to $2.8B.

What are MMM's profit margins?

3M Company net margin is +13.0%, with operating margin at +18.3%. Margins sit within typical range for the sector.

How consistent are MMM's earnings?

MMM earnings data spans 1989-2025. The declining earnings trend is -20.5% YoY. Historical data enables comparison across business cycles.

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MMM Earnings Over Time (2014–2025)

Net income and EPS trends