3M reports Q4 sales up 2.1% YoY
In fourth quarter and full-year reporting Jan. 20, 3M published Q4 GAAP sales of $6.1 billion, up 2.1%; operating margin of 13.0%, down 510 bps; EPS of $1.07, down 20%, all year over year.
"2025 was an important year for 3M as we build a strong foundation that is reshaping our operating model and driving sustainable value creation," said William Brown, 3M chairman and CEO. "I want to thank the team for their dedication to eXcellence, which helped us finish 2025 with growth above macro, strong margin expansion, double-digit earnings growth, and solid cash conversion.
"Our accelerated pace of innovation and commercial execution positions us to outperform the macro environment again in 2026. Our continued operating rigor supports further margin expansion and earnings growth, putting us on a clear path to meet or exceed the 2027 financial commitments we outlined at our Investor Day last year."
Fourth-quarter highlights:
- Sales of $6.1 billion, up 2.1% year-on-year with organic sales up 0.6% year-on-year.
- Adjusted sales of $6.0 billion, up 3.7% year-on-year with adjusted organic sales up 2.2% year-on-year.
- 3M returned $0.9 billion to shareholders via dividends and share repurchases.
- Cash from operations of $1.6 billion.
- Adjusted free cash flow of $1.3 billion.
Full-year highlights:
- Sales of $24.9 billion, up 1.5% year-on-year with organic sales up 0.9% year-on-year.
- Adjusted sales of $24.3 billion, up 2.7% year-on-year with adjusted organic sales up 2.1% year-on-year.
- 3M returned $4.8 billion to shareholders via dividends and share repurchases.
- Cash from operations of $2.3 billion.
- Adjusted free cash flow of $4.4 billion.
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