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  • Previous Rank348
  • Revenues ($M)$30,109
  • Revenue Percent Change-0.5%
  • Profits ($M)$5,050
  • Profits Percent Change4.5%
  • Assets ($M)$32,906
  • Employees91,584

In 2016 3M recorded earnings of $8.16 per share on earnings of $30 billion, an increase of 8% from the year before. The company is heavily investing in itself “$3 billion in R&D and capital expenditures in 2016 alone” as it works through challenging market conditions. “This reflects our ability to execute well and control what we can control,” chairman, president, and CEO Inge Thulin wrote to investors. As such, the company continues to evaluate select consolidations, strategic divestitures, and acquisitions.

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Company Information

CEO
Inge G. Thulin
Sector
Industrials
Industry
Miscellaneous
HQ Location
St. Paul, MN
Websitehttp://www.3m.com
Years on Global 500 List23
Employees91,584

3M Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$30,109-0.5%
Profits ($M)$5,0504.5%
Assets ($M)$32,906-
Total Stockholder Equity ($M)$10,298-

Profit Ratios

Profit as % of Revenues16.8%
Profits as % of Assets15.3%
Profits as % of Stockholder Equity49%