Operating Income for 3M (MMM)
According to 3M's latest reported financial statements, the company's current operating income (TTM) is $4.91B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
MMM
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$4.91B
YoY change
-7.5%
5Y CAGR
-8.1%
Peak year (2018)
$7.77B
Cumulative operating income
$173.96B
Operating Income history chart for 3M (MMM) from 1985 to 2025
Operating Income history table for 3M (MMM) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $4.56B | -7.5% | ||
| 2024 | $4.93B | +21.8% | ||
| 2023 | $4.05B | -0.6% | ||
| 2022 | $4.07B | -45.9% | ||
| 2021 | $7.53B | +8.2% | ||
| 2020 | $6.96B | -0.2% | ||
| 2019 | $6.97B | -10.3% | ||
| 2018 | $7.77B | +7.6% | ||
| 2017 | $7.23B | +2.9% | ||
| 2016 | $7.02B | +2.2% | ||
| 2015 | $6.87B | -3.5% | ||
| 2014 | $7.12B | +6.9% | ||
| 2013 | $6.66B | +2.8% | ||
| 2012 | $6.48B | +3.5% | ||
| 2011 | $6.26B | +4.5% | ||
| 2010 | $5.99B | +20.1% | ||
| 2009 | $4.99B | -9.5% | ||
| 2008 | $5.51B | +2.3% | ||
| 2007 | $5.38B | +4.4% | ||
| 2006 | $5.16B | +5.6% | ||
| 2005 | $4.88B | +6.7% | ||
| 2004 | $4.58B | +23.3% | ||
| 2003 | $3.71B | +21.9% | ||
| 2002 | $3.05B | +34.0% | ||
| 2001 | $2.27B | -25.7% | ||
| 2000 | $3.06B | +3.5% | ||
| 1999 | $2.96B | +45.0% | ||
| 1998 | $2.04B | -23.8% | ||
| 1997 | $2.67B | +7.4% | ||
| 1996 | $2.49B | +12.2% | ||
| 1995 | $2.22B | -1.3% | ||
| 1994 | $2.25B | +15.1% | ||
| 1993 | $1.96B | -1.9% | ||
| 1992 | $1.99B | +1.8% | ||
| 1991 | $1.96B | -10.6% | ||
| 1990 | $2.19B | +1.9% | ||
| 1989 | $2.15B | +14.2% | ||
| 1988 | $1.88B | +19.3% | ||
| 1987 | $1.58B | +11.9% | ||
| 1986 | $1.41B | +22.6% | ||
| 1985 | $1.15B | — |
Operating 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
As of the 2025 fiscal year, 3M (MMM) reported operating income of $4.56B – declined 7.5% year-over-year.
Looking at the 2020–2025 (5 years) stretch, 3M operating income compounded at -8.1% per year, with a net decline across the window.
3M operating income peaked at $7.77B in 2018; the latest annual figure is $4.56B in 2025 (41.3% below peak).
The dataset's maximum operating income sits at $7.77B (2018); the minimum reading of $1.15B dates to 1985.
3M (MMM) sits 8th of 8 Industrials peers we track on this metric, against a peer median of $8.59B.
3M Operating Income by Year
3M Operating Income 2025: $4.56B
3M operating income in 2025 was $4.56B, declined 7.5% below 2024.
3M Operating Income 2024: $4.93B
3M operating income in 2024 was $4.93B, grew 21.8% from 2023.
3M Operating Income 2023: $4.05B
3M operating income in 2023 was $4.05B, edged down 0.6% below 2022.
3M Operating Income 2022: $4.07B
3M operating income in 2022 was $4.07B, plunged 45.9% below 2021.
3M Operating Income 2021: $7.53B
3M operating income in 2021 was $7.53B.
See more financial history for 3M (MMM).
Sector peers — Operating Income
Companies in the same sector as 3M, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $11.21B | Industrials |
| Union Pacific Corporation (UNP) | $9.84B | Industrials |
| RTX Corporation (RTX) | $8.89B | Industrials |
| GE Aerospace (GE) | $8.77B | Industrials |
| Deere & Company (DE) | $8.42B | Industrials |
| Honeywell International Inc. (HON) | $6.57B | Industrials |
| Eaton Corporation plc (ETN) | $5.23B | Industrials |
| The Boeing Company (BA) | -$5.42B | Industrials |
Frequently asked questions
What is 3M's operating income?
- Latest reported operating income for 3M (MMM) is $4.91B (period ending March 31, 2026).
How has 3M operating income changed year-over-year?
- 3M (MMM) operating income changed -7.5% year-over-year on the latest annual filing.
What is the long-term growth rate of 3M operating income?
- 3M (MMM) operating income compound annual growth rate is -8.1% over the most recent 5 years available.
When did 3M operating income hit its highest annual value?
- 3M operating income reached its highest annual value of $7.77B in 2018.
What was 3M operating income in 2024?
- 3M (MMM) operating income in 2024 was $4.93B.
What was 3M operating income in 2025?
- 3M (MMM) operating income in 2025 was $4.56B.
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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