3M Announces Investor Relations Leadership Transition
Latest Financial Results
$6.1B
Adjusted sales*
$1.98
Adjusted earnings per share*
141%
Adjusted free cash flow conversion*
*Refer to 3M’s October 22, 2024, earnings release for descriptions and additional information on this non-GAAP measure.
For complete information regarding our financials, see our SEC filings.
Latest Annual Filing
For Fiscal Year Ended December 31, 2023
Report Links
2023 Financial Results (reflective of 3M continuing operations as applicable)
$24.6B
Net sales
$23.3B
Adjusted net sales**
-4.4%
Adjusted organic sales change*
-1.0%
Adjusted impact of acquisitions, net of divestitures, on worldwide sales*
-0.6%
Adjusted impact of currency on worldwide sales*
($15.17)
GAAP earnings (loss) per share from continuing operations
$6.04
Adjusted earnings per share from continuing operations**
-43.4%
GAAP operating income margins
18.6%
Adjusted operating income margins**
*Non-GAAP measure. See Form 8-K dated Apr. 30, 2024 for details.
**Non-GAAP measure. See Form 8-K dated July 26, 2024 for details.
For complete information regarding our financials, see our SEC filings.
Explore our Business Groups
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Our Strategies
- Actively managing business portfolio to drive growth faster than the markets and economies we serve
- Investing capital in high growth, high return end-markets that benefit from 3M’s fundamental strengths
- Accelerating digital capabilities and expanding the use of data and data analytics to better serve customers and improve operational agility and performance
- Advancing sustainability commitments to reduce greenhouse gas emissions, improve water quality, and decrease dependence on virgin fossil-based plastic
- Maintaining a strong balance sheet and generating robust cash flow to support investments in growth, productivity and sustainability while returning cash to shareholders
For complete information regarding our financials, see our SEC filings.
Safety & Industrial
(2023 GAAP sales in millions)
Source: Form 8-K dated July 26, 2024
Representative products/services
- Respiratory, hearing, eye and fall protection solutions
- Structural adhesives and tapes
- Industrial abrasives and finishing for metalworking applications
- Electrical products and materials for construction and maintenance, power distribution and electrical original equipment manufacturers (OEMs)
- Autobody repair solutions
- Closure systems for personal hygiene products, masking, and packaging materials
- Natural and color-coated mineral granules for shingles
For complete information regarding our financials, see our SEC filings.
Transportation & Electronics
(2023 GAAP sales in millions)
Source: Form 8-K dated July 26, 2024
Representative products/services
- Light management films and electronics assembly solutions
- Chip packaging and interconnection solutions
- Semiconductor production materials
- Solutions for data centers
- Attachment/bonding, films, sound and temperature management for transportation vehicles
- Premium large format graphic films for advertising and fleet signage
- Advanced ceramic solutions
- Reflective signage for highway, and vehicle safety
For complete information regarding our financials, see our SEC filings.
Consumer
(2023 GAAP sales in millions)
Source: Form 8-K dated July 26, 2024
Representative products/services
- Retail abrasives, paint accessories, car care DIY products, picture hanging and consumer air quality solutions
- Cleaning products for the home
- Consumer bandages, braces, supports, and consumer respirators
- Stationery products
For complete information regarding our financials, see our SEC filings.
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