3M Company (MMM) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 6.03B | 6.13B | 6.52B | 6.34B | 5.95B | 6.01B | 6.29B | 6.25B | 6.02B | 6B | 6.27B | 6.28B |
| Revenue Growth % | 1.28% | 2.05% | 3.54% | 1.42% | -1.03% | 0.13% | 0.38% | -0.45% | -25.09% | -25.71% | -27.25% | -27.8% |
| Cost of Goods Sold | 3.57B | 4.08B | 3.79B | 3.69B | 3.52B | 3.74B | 3.65B | 3.6B | 3.51B | 3.78B | 3.76B | 3.73B |
| COGS % of Revenue | 59.27% | 66.44% | 58.19% | 58.24% | 59.09% | 62.2% | 58.01% | 57.54% | 58.29% | 63.03% | 59.95% | 59.29% |
| Gross Profit | 2.46B | 2.06B | 2.73B | 2.65B | 2.44B | 2.27B | 2.64B | 2.66B | 2.51B | 2.22B | 2.51B | 2.56B |
| Gross Margin % | 40.73% | 33.56% | 41.81% | 41.76% | 40.91% | 37.8% | 41.99% | 42.46% | 41.71% | 36.97% | 40.05% | 40.71% |
| Gross Profit Growth % | 0.82% | -9.42% | 3.1% | -0.26% | -2.91% | 2.39% | 5.26% | 3.83% | -26.05% | -34.96% | -35.65% | -29.69% |
| Operating Expenses | 1.06B | 1.26B | 1.12B | 1.55B | 1.22B | 1.18B | 1.31B | 1.38B | 1.28B | -2.97B | 5.63B | 1.46B |
| OpEx % of Revenue | 17.56% | 20.61% | 17.14% | 24.39% | 20.46% | 19.62% | 20.81% | 22.05% | 21.29% | -49.47% | 89.79% | 23.16% |
| Selling, General & Admin | 744M | 965M | 820M | 1.26B | 933M | 898M | 1.04B | 1.1B | 1.04B | -3.25B | 5.37B | 1.18B |
| SG&A % of Revenue | 12.34% | 15.73% | 12.58% | 19.85% | 15.67% | 14.94% | 16.59% | 17.59% | 17.24% | -54.23% | 85.58% | 18.7% |
| Research & Development | 308M | 299M | 297M | 288M | 285M | 281M | 266M | 279M | 244M | 286M | 264M | 280M |
| R&D % of Revenue | 5.11% | 4.88% | 4.56% | 4.54% | 4.79% | 4.68% | 4.23% | 4.46% | 4.06% | 4.77% | 4.21% | 4.46% |
| Other Operating Expenses | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 1.4B | 794M | 1.61B | 1.1B | 1.22B | 1.09B | 1.33B | 1.28B | 1.23B | 5.19B | -3.12B | 1.1B |
| Operating Margin % | 23.17% | 12.95% | 24.74% | 17.37% | 20.46% | 18.19% | 21.18% | 20.42% | 20.41% | 86.44% | -49.74% | 17.56% |
| Operating Income Growth % | 14.7% | -27.36% | 20.93% | -13.7% | -0.81% | -78.93% | 142.74% | 15.78% | -1.92% | 531.91% | -316.15% | 693.53% |
| EBITDA | 1.14B | 758M | 1.91B | 1.39B | 1.51B | 1.42B | 1.64B | 1.58B | 1.66B | 5.59B | -2.58B | 1.55B |
| EBITDA Margin % | 18.92% | 12.36% | 29.31% | 21.94% | 25.33% | 23.54% | 26.1% | 25.23% | 27.56% | 93.09% | -41.21% | 24.7% |
| EBITDA Growth % | -24.34% | -46.43% | 16.25% | -11.79% | -9.05% | -74.67% | 163.58% | 1.68% | -3.49% | 336.14% | -236.5% | 158.24% |
| D&A (Non-Cash Add-back) | 0 | 0 | 298M | 290M | 290M | 322M | 310M | 301M | 430M | 399M | 535M | 449M |
| EBIT | 1.14B | 758M | 1.38B | 1.16B | 1.64B | 1.01B | 2B | 1.73B | 1.27B | 1.02B | -3B | -9.25B |
| Net Interest Income | -165M | 0 | -186M | -185M | -174M | -157M | -167M | -173M | -229M | -277M | -232M | -134M |
| Interest Income | 49M | 0 | 46M | 50M | 79M | 92M | 107M | 143M | 110M | 90M | 72M | 47M |
| Interest Expense | 214M | 0 | 232M | 235M | 253M | 249M | 274M | 316M | 339M | 367M | 304M | 181M |
| Other Income/Expense | -519M | -36M | -463M | -132M | 169M | -332M | 391M | 136M | -298M | -4.53B | -181M | -10.53B |
| Pretax Income | 878M | 758M | 1.15B | 970M | 1.39B | 761M | 1.72B | 1.41B | 930M | 662M | -3.3B | -9.43B |
| Pretax Margin % | 14.56% | 12.36% | 17.63% | 15.29% | 23.3% | 12.66% | 27.39% | 22.59% | 15.46% | 11.03% | -52.63% | -150.04% |
| Income Tax | 221M | 185M | 308M | 245M | 265M | 33M | 348M | 203M | 220M | 26M | -777M | -2.26B |
| Effective Tax Rate % | 25.17% | 24.41% | 26.81% | 25.26% | 19.11% | 4.34% | 20.19% | 14.37% | 23.66% | 3.93% | 23.55% | 23.98% |
| Net Income | 653M | 577M | 834M | 723M | 1.12B | 728M | 1.37B | 1.15B | 928M | 945M | -2.08B | -6.84B |
| Net Margin % | 10.83% | 9.41% | 12.8% | 11.4% | 18.74% | 12.11% | 21.8% | 18.31% | 15.43% | 15.74% | -33.09% | -108.88% |
| Net Income Growth % | -41.49% | -20.74% | -39.21% | -36.86% | 20.26% | -22.96% | 166.12% | 116.74% | -4.92% | 74.68% | -153.77% | -8870.51% |
| Net Income (Continuing) | 657M | 573M | 841M | 725M | 1.12B | 728M | 1.38B | 1.21B | 710M | 636M | -2.52B | -7.17B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | 1000K | 1000K | 1000K | 1000K |
| Minority Interest | 48M | 45M | 47M | 61M | 59M | 52M | 52M | 72M | 67M | 61M | 59M | 59M |
| EPS (Diluted) | 1.23 | 1.07 | 1.55 | 1.34 | 2.04 | 1.33 | 2.48 | 2.06 | 1.67 | 1.70 | -3.74 | -12.35 |
| EPS Growth % | -39.71% | -19.55% | -37.5% | -34.95% | 22.16% | -21.76% | 166.31% | 116.68% | -5.11% | 73.47% | -155.24% | -8921.43% |
| EPS (Basic) | 1.23 | 1.08 | 1.56 | 1.35 | 2.05 | 1.34 | 2.49 | 2.07 | 1.67 | 1.70 | -3.74 | -12.35 |
| Diluted Shares Outstanding | 532.8M | 539M | 542.1M | 544.2M | 547.7M | 546.3M | 552.7M | 554.8M | 555.9M | 555.4M | 554.3M | 553.9M |
| Basic Shares Outstanding | 529.1M | 534.3M | 538.4M | 540.6M | 543.8M | 543.6M | 550.6M | 553.8M | 555M | 554.7M | 554.3M | 553.9M |
| Dividend Payout Ratio | 63.09% | 67.07% | 46.64% | 53.94% | 35.48% | 51.92% | 27.92% | 33.71% | 89.98% | 87.62% | - | - |