Net Income for 3M (MMM)
According to 3M's latest reported financial statements, the company's current net income (TTM) is $2.79B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
MMM
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$2.79B
YoY change
-22.1%
5Y CAGR
-9.8%
Peak year (2021)
$5.92B
Cumulative net income
$111.59B
Net Income history chart for 3M (MMM) from 1985 to 2025
Net Income history table for 3M (MMM) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $3.25B | -22.1% | ||
| 2024 | $4.17B | -159.7% | ||
| 2023 | -$7.00B | -221.1% | ||
| 2022 | $5.78B | -2.4% | ||
| 2021 | $5.92B | +8.7% | ||
| 2020 | $5.45B | +19.2% | ||
| 2019 | $4.57B | -14.6% | ||
| 2018 | $5.35B | +10.1% | ||
| 2017 | $4.86B | -3.8% | ||
| 2016 | $5.05B | +4.5% | ||
| 2015 | $4.83B | -2.5% | ||
| 2014 | $4.96B | +6.4% | ||
| 2013 | $4.66B | +4.8% | ||
| 2012 | $4.44B | +3.8% | ||
| 2011 | $4.28B | +4.8% | ||
| 2010 | $4.08B | +27.9% | ||
| 2009 | $3.19B | -7.7% | ||
| 2008 | $3.46B | -15.5% | ||
| 2007 | $4.10B | +6.4% | ||
| 2006 | $3.85B | +22.4% | ||
| 2005 | $3.15B | +5.2% | ||
| 2004 | $2.99B | +24.4% | ||
| 2003 | $2.40B | +21.7% | ||
| 2002 | $1.97B | +38.0% | ||
| 2001 | $1.43B | -19.8% | ||
| 2000 | $1.78B | +1.1% | ||
| 1999 | $1.76B | +50.0% | ||
| 1998 | $1.18B | -44.6% | ||
| 1997 | $2.12B | +39.0% | ||
| 1996 | $1.53B | +56.4% | ||
| 1995 | $976.00M | -26.2% | ||
| 1994 | $1.32B | +4.7% | ||
| 1993 | $1.26B | +2.2% | ||
| 1992 | $1.24B | +7.1% | ||
| 1991 | $1.15B | -11.8% | ||
| 1990 | $1.31B | +5.1% | ||
| 1989 | $1.24B | +7.8% | ||
| 1988 | $1.15B | +25.7% | ||
| 1987 | $918.00M | +17.8% | ||
| 1986 | $779.00M | +17.3% | ||
| 1985 | $664.00M | — |
Net Income values are taken from 3M's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
3M (MMM) most recent annual net income stands at $3.25B (2025) – declined 22.1% year-over-year.
Through 2020–2025 (5 years), 3M net income delivered a -9.8% annualised rate; with a net decline across the window.
3M net income plunged from $5.92B in 2021 to $3.25B in 2025, a 45.1% drawdown.
$5.92B stands as the all-time-high annual net income, posted in 2021, against a low of -$7.00B during 2023.
Within Industrials, 3M (MMM) ranks 8th among 8 peers we track. The peer median for net income is $5.88B.
3M Net Income by Year
3M Net Income 2025: $3.25B
3M net income in 2025 was $3.25B, declined 22.1% below 2024.
3M Net Income 2024: $4.17B
3M net income in 2024 was $4.17B, plunged 159.7% below 2023.
3M Net Income 2023: -$7.00B
3M net income in 2023 was -$7.00B, plunged 221.1% below 2022. This figure represents the lowest annual value in the available history.
3M Net Income 2022: $5.78B
3M net income in 2022 was $5.78B, edged down 2.4% below 2021.
3M Net Income 2021: $5.92B
3M net income in 2021 was $5.92B.
See more financial history for 3M (MMM).
Sector peers — Net Income
Companies in the same sector as 3M, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $8.87B | Industrials |
| GE Aerospace (GE) | $8.70B | Industrials |
| Union Pacific Corporation (UNP) | $7.14B | Industrials |
| RTX Corporation (RTX) | $6.73B | Industrials |
| Deere & Company (DE) | $5.03B | Industrials |
| Honeywell International Inc. (HON) | $4.73B | Industrials |
| Eaton Corporation plc (ETN) | $4.09B | Industrials |
| The Boeing Company (BA) | $2.23B | Industrials |
Frequently asked questions
What is 3M's net income?
- Latest reported net income for 3M (MMM) is $2.79B (period ending March 31, 2026).
How has 3M net income changed year-over-year?
- 3M (MMM) net income changed -22.1% year-over-year on the latest annual filing.
What is the long-term growth rate of 3M net income?
- 3M (MMM) net income compound annual growth rate is -9.8% over the most recent 5 years available.
When did 3M net income hit its highest annual value?
- 3M net income reached its highest annual value of $5.92B in 2021.
What was 3M net income in 2024?
- 3M (MMM) net income in 2024 was $4.17B.
What was 3M net income in 2025?
- 3M (MMM) net income in 2025 was $3.25B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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MMM Overview
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