FILE - In a Jan. 28, 2014, file photo, rolls of Scotch tape, a 3M brand, are displayed in a Wal-Mart store in Robinson Township near Pittsburgh. 3M reports quarterly financial results, Tuesday, Jan. 26, 2016. (AP Photo/Gene J. Puskar, File)Gene J. Puskarm — AP
- Previous Rank348
- Revenues ($M)30109
- Revenue Percent Change-0.5
- Profits ($M)5050
- Profits Percent Change4.5
- Assets ($M)32906
- Employees91584
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 “$3 billion in R&D and capital expenditures in 2016 alone” as it works through challenging market conditions. “This reflects our ability to execute well and control what we can control,” chairman, president, and CEO Inge Thulin wrote to investors. As such, the company continues to evaluate select consolidations, strategic divestitures, and acquisitions.
Company Information
CEO | Inge G. Thulin |
Sector | Industrials |
Industry | Miscellaneous |
HQ Location | St. Paul, MN |
Website | www.3m.com |
Years on Global 500 List | 23 |
Employees | 91,584 |
Key Financials (Last Fiscal Year)
Revenues ($M) | $30,109 |
Profits ($M) | $5,050 |
Assets ($M) | $32,906 |
Total Stockholder Equity ($M) | $10,298 |
Profit Ratios
Profit as % of Revenues | 16.8% |
Profits as % of Assets | 15.3% |
Profits as % of Stockholder Equity | 49% |