Analysis of Revenues
Paying user area
Try for free
3M Co. pages available for free this week:
- Income Statement
- Statement of Comprehensive Income
- Cash Flow Statement
- Analysis of Liquidity Ratios
- Analysis of Short-term (Operating) Activity Ratios
- Enterprise Value to EBITDA (EV/EBITDA)
- Price to FCFE (P/FCFE)
- Capital Asset Pricing Model (CAPM)
- Price to Book Value (P/BV) since 2005
- Aggregate Accruals
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to 3M Co. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Revenues as Reported
3M Co., income statement, revenues
US$ in millions
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).
- Revenue Trends by Segment
- The Safety and Industrial segment showed a fluctuating but generally positive trend, starting at $11,946 million in 2017, rising to a peak of $12,494 million in 2018, declining in 2019 to $11,607 million, then slightly increasing in 2020 to $11,767 million, followed by a more significant rise to $12,880 million in 2021.
- The Transportation and Electronics segment experienced a downward trend from $9,861 million in 2017 to $8,827 million in 2020, with intermediate variations. This was followed by a rebound to $9,769 million in 2021. The lowest point was observed in 2020.
- Health Care revenues consistently increased over the five years, beginning at $6,635 million in 2017 and growing steadily each year to reach $9,050 million in 2021. This segment exhibited the strongest growth trajectory among the listed segments.
- The Consumer segment showed a relatively stable and moderate increase in revenue, starting at $5,006 million in 2017 and gradually rising to $5,856 million by 2021. Growth was steady but not as pronounced as in the Health Care segment.
- Corporate and Unallocated Items
- Revenues in the Corporate and Unallocated category demonstrated irregular values, including a small positive amount in 2017, a rise to $110 million in 2019, a brief dip to negative territory in 2020, and returning to a nominal positive value in 2021. These fluctuations indicate variability in non-operating or overhead allocations.
- Elimination of Dual Credit
- Negative adjustments labeled as Elimination of Dual Credit grew slightly in magnitude over the years, starting at -$1,793 million in 2017 and increasing in absolute terms to -$2,202 million in 2021. This progressive increase suggests a growing impact of internal credit eliminations on the consolidated sales figures.
- Net Sales Overview
- Overall net sales displayed moderate growth over the five-year period. Net sales moved from $31,657 million in 2017 to a slight peak in 2018 at $32,765 million, then experienced a slight decline in 2019 and stabilization in 2020, before culminating in a notable increase to $35,355 million in 2021. This demonstrates resilience and a recovery in revenue generation in the most recent year.
- Summary Insights
- The data reveals a mixed performance across segments, with Health Care showing consistent and strong growth, while Transportation and Electronics faced challenges that began to reverse in 2021. The steady increase in Consumer revenues supports stable demand. The Safety and Industrial segment's rebound in 2021 suggests improving conditions in industrial markets. Variability in corporate adjustments and elimination items reflects typical internal accounting processes affecting consolidated financial measures.