Morgan Stanley 11th Annual Laguna Conference
09-13-2023 • 10:00 AM EDT – 10:30 AM EDT
Latest Financial Results
$8.0B
Adjusted sales*
$2.17
Adjusted earnings per share*
122%
Adjusted free cash flow conversion*
*Refer to 3M’s July 25, 2023, earnings release for descriptions and additional information on this non-GAAP measure.
For complete information regarding our financials, see our SEC filings.
Latest Annual Report
For Fiscal Year Ended December 31, 2022
Report Links
2022 Financial Results
$34.2B
Net sales
$32.9B
Adjusted net sales*
+0.8%
Adjusted organic sales*
-0.5%
Adjusted impact of acquisitions, net of divestitures, on worldwide sales*
-3.9%
Adjusted impact of currency on worldwide sales*
$10.18
GAAP earnings per share
$9.88
Adjusted earnings per share*
19.1%
GAAP operating income margins
21.1%
Adjusted operating income margins*
86%
Adjusted free cash flow conversion*
Reflects Q1 2023 changes in measure of segment operating performance, segment composition, and non-GAAP measures. See Form 8-K dated Feb. 21, 2023, for details.
* Non-GAAP measure. See Form 8-K dated Feb. 21, 2023, 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
Reflects Q1 2023 changes in measure of segment operating performance, segment composition, and non-GAAP measures. See Form 8-K dated Feb. 21, 2023, for details.
For complete information regarding our financials, see our SEC filings.
Safety & Industrial
(2022 GAAP sales in millions)
Source: 8-K Feb. 21, 2023
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
Reflects Q1 2023 changes in measure of segment operating performance, segment composition, and non-GAAP measures. See Form 8-K dated Feb. 21, 2023, for details.
For complete information regarding our financials, see our SEC filings.
Transportation & Electronics
(2022 GAAP sales in millions)
Source: 8-K Feb. 21, 2023
Representative products/services
- Light management films and electronics assembly solutions
- Packaging and interconnection solutions
- Attachment tapes, 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
Reflects Q1 2023 changes in measure of segment operating performance, segment composition, and non-GAAP measures. See Form 8-K dated Feb. 21, 2023, for details.
For complete information regarding our financials, see our SEC filings.
Health Care
(2022 GAAP sales in millions)
Source: 8-K Feb. 21, 2023
Representative products/services
- Skin, wound care, and infection prevention products and solutions
- Dentistry and orthodontia solutions
- Health care procedure coding and reimbursement software
- Filtration and purification systems
Reflects Q1 2023 changes in measure of segment operating performance, segment composition, and non-GAAP measures. See Form 8-K dated Feb. 21, 2023, for details.
For complete information regarding our financials, see our SEC filings.
Consumer
(2022 GAAP sales in millions)
Source: 8-K Feb. 21, 2023
Representative products/services
- Retail abrasives, paint accessories, car care DIY products, picture hanging and consumer air quality solutions
- Stationery products
- Cleaning products for the home
- Consumer bandages, braces, supports, and consumer respirators
Reflects Q1 2023 changes in measure of segment operating performance, segment composition, and non-GAAP measures. See Form 8-K dated Feb. 21, 2023, for details.
For complete information regarding our financials, see our SEC filings.
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