- GAAP sales of $ 6.3 billion, up 1.4%; running margin 18.0%, down (230) bps; EPS of $ 1.34, down 38%, all YoY
- Changed sales of $ 6.2 billion with natural development of 1.5% YoY
- Changed running margin of 24.5%, up 290 bps YoY
- Changed EPS of $ 2.16, up 12% YoY
- Operating capital of $( 1.0) billion with changed complimentary capital of $ 1.3 billion
- 2025 changed EPS assistance increased from $ 7.60 – $ 7.90 to $ 7.75 – $ 8.00, consisting of the effect of tariffs
ST. PAUL, Minn., July 18, 2025/ PRNewswire/– 3M MMM today reported second-quarter 2025 outcomes.
” We provided strong lead to the 2nd quarter, publishing favorable natural sales development and double-digit EPS development,” stated William Brown, 3M Chairman and CEO. “This continues our pattern from Q1 with all 3 organization groups growing naturally for the 3rd quarter in a row. Our 3M quality operating design is the structure for providing on each of our tactical top priorities, and it drives the operating rigor and rhythm of our efficiency culture. With execution improving and strong lead to the very first half, we believe in our increased full-year EPS assistance, which now embeds the anticipated effect of tariffs.”
2nd– quarter highlights:
Q2 2025 |
Q2 2024 |
||||||
GAAP EPS from continuing operations (GAAP EPS) |
$ 1.34 |
$ 2.17 |
|||||
Unique products: |
|||||||
Net expenses for substantial lawsuits |
0.79 |
0.44 |
|||||
( Boost) decline in worth of Solventum ownership |
0.01 |
( 2.00 ) |
|||||
Pension danger transfer charge |
— |
1.09 |
|||||
Made PFAS items |
0.02 |
— |
|||||
Divestiture expenses |
— |
0.23 |
|||||
Changed EPS from continuing operations (changed EPS) |
$ 2.16 |
$ 1.93 |
|||||
Memo: |
|||||||
GAAP operating earnings margin |
18.0 % |
20.3 % |
|||||
Changed running earnings margin |
24.5 % |
21.6 % |
- GAAP EPS of $ 1.34 and running margin of 18.0%.
- Changed EPS of $ 2.16, up 12% year-on-year.
- Changed running earnings margin of 24.5%, a boost of 2.9 portion points year-on-year.
GAAP |
Changed (non-GAAP) |
||||||
Net sales (billions) |
$ 6.3 |
$ 6.2 |
|||||
Sales modification |
|||||||
Overall sales |
1.4 % |
2.3 % |
|||||
Parts of sales modification: |
|||||||
Organic sales |
0.6 |
1.5 |
|||||
Acquisitions/divestitures |
— |
— |
|||||
Translation |
0.8 |
0.8 |
|||||
Changed sales leaves out produced PFAS items. |
- Sales of $ 6.3 billion, up 1.4% year-on-year with natural sales up 0.6% year-on-year.
- Changed sales of $ 6.2 billion, up 2.3% year-on-year with adjusted natural sales up 1.5% year-on-year.
- 3M returned $ 1.3 billion to investors through dividends and share repurchases.
- Money from operations of $( 1.0) billion, driven by $ 2.2 billion net after tax payments for unique product expenses of substantial lawsuits, mainly Public Water Systems and Battle Arms Earplugs.
- Changed complimentary capital of $ 1.3 billion
This file consists of referral to particular non-GAAP steps. See the “Supplemental Financial Info Non-GAAP Steps” area for suitable info.
U pdated full-year assistance
3M upgraded its complete year 2025 assistance provided the business’s efficiency in the very first half of the year. The upgraded assistance consists of the effect from tariffs.
- Changed overall sales development 1 in the variety of ~ 2.5 percent, showing adjusted natural sales development 1 of ~ 2.0 percent.
- Changed EPS 1 in the variety of $ 7.75 to $ 8.00
- Changed running capital 1 of $ 5.1 to $ 5.5 billion, adding to >> one hundred percent changed complimentary capital conversion 1
1 As more talked about at 4 within the “Supplemental Financial Info Non-GAAP Steps” areas, 3M can not, without unreasonable effort, projection particular products needed to establish significant equivalent GAAP monetary steps and, for that reason, does not supply them on a positive basis showing these products.
Teleconference
3M will perform a financier teleconference at 9 a.m. ET (8 a.m. CT) today. Financiers can access this conference through the following:
Consolidated monetary declarations and additional monetary info non-GAAP steps
View the Financial Declaration Info on 3M’s site: https://investors.3m.com/financials/quarterly-earnings
Positive declarations
This file consists of positive declarations. You can recognize these declarations by the usage of words such as “strategy,” “anticipate,” “goal,” “think,” “task,” “target,” “expect,” “mean,” “quote,” “will,” “should,” “could,” “would,” “projection,” “future,” “outlook,” “assistance” and other words and regards to comparable significance. Positive declarations are based upon particular presumptions and expectations of future occasions and patterns that undergo threats and unpredictabilities. Real future outcomes and patterns might vary materially from historic outcomes or those shown in any such positive declarations depending upon a range of elements. Amongst the elements that might trigger real outcomes to vary materially are the following: (1) around the world financial, political, regulative, worldwide trade, geopolitical, capital markets and other external conditions and other elements beyond the Business’s control, consisting of inflation; economic crisis; military disputes; trade constraints such as sanctions, tariffs, mutual and vindictive tariffs, and other tariff-related steps; regulative requirements, legal actions, or enforcement; and natural and other catastrophes or environment modification impacting the operations of the Business or its clients and providers; (2) foreign currency exchange rates and changes in those rates; (3) liabilities and the result of contingencies associated with particular fluorochemicals; referred to as “PFAS,” consisting of liabilities associated with claims, suits, and federal government regulative procedures worrying numerous PFAS-related items and chemistries, along with threats associated with the Business’s strategies to leave PFAS production and work to cease usage of PFAS throughout its item portfolio; (4) threats associated with the class-action settlement (” PWS Settlement”) to deal with claims by public water providers in the United States relating to PFAS, along with threats associated with other settlements associated with PFAS; (5) legal procedures, consisting of substantial advancements that might take place in the legal and regulative procedures explained in the Business’s reports on Kind 10-K, 10-Q, and 8-K (Reports), along with compliance threats associated with legal or regulative requirements, federal government agreement requirements, policies and practices, or other matters that need or motivate the Business or its clients, providers, suppliers, or channel partners to perform organization in a specific method; (6) competitive conditions and consumer choices; (7) the timing and market approval of brand-new product or services offerings; (8) the schedule and expense of acquired elements, substances, basic materials and energy due to lacks, increased need and salaries, tariffs, supply chain disruptions, or natural or other catastrophes; (9) unexpected issues or hold-ups when carrying out brand-new organization systems and options, consisting of with the phased application of a worldwide business resource preparation (ERP) system, or security breaches and other interruptions to the Business’s info or functional innovation facilities; (10) the effect of acquisitions, tactical alliances, divestitures, and other tactical occasions arising from portfolio management actions and other developing organization methods; (11) functional execution, consisting of the level to which the Business can understand the advantages of prepared performance enhancements, along with the effect of organizational restructuring activities; (12) monetary market threats that might impact the Business’s financing responsibilities under specified advantage pension and postretirement strategies; (13) the Business’s credit scores and its expense of capital; (14) tax-related external conditions, consisting of modifications in tax rates, laws or policies; (15) matters associating with the spin-off of the Business’s Healthcare organization, consisting of the danger that the anticipated advantages will not be understood; the danger that the expenses or dis-synergies will go beyond the awaited quantities; possible influence on the Business’s relationships with its clients, providers, staff members, regulators and other counterparties; the capability to understand the preferred tax treatment; threats under the arrangements and responsibilities participated in in connection with the spin-off; and (16) matters associating with Battle Arms Earplugs (” CAE”) and associated items, consisting of those associated to, the August 2023 settlement that is planned to deal with, to the maximum level possible, all lawsuits and declared declares including the CAE offered or produced by the Business’s subsidiary Aearo Technologies and particular of its affiliates (” Aearo Entities”) and/or the Business (” CAE Settlement”). A more description of these elements lies in the Reports under “Cautionary Note Worrying Aspects That Might Affect Future Outcomes” and “Danger Aspects” in Part I, Products 1 and 1A (Yearly Report) and in Part I, Product 2 and Part II, Product 1A (Quarterly Reports). Modifications in such presumptions or elements might produce substantially various outcomes. The Business presumes no commitment to upgrade any positive declarations talked about herein as an outcome of brand-new info or future occasions or advancements.
About 3M
3M MMM is concentrated on changing markets all over the world by using science and producing ingenious, customer-focused options. Our multi-disciplinary group is working to resolve hard consumer issues by leveraging varied innovation platforms, separated abilities, international footprint, and functional quality. Discover how 3M is forming the future at 3M com/news
Please keep in mind that the business reveals product monetary, organization and functional info utilizing the 3M financier relations site, SEC filings, news release, public teleconference and webcasts. The business likewise utilizes the 3M News Center and social networks to interact with our clients and the general public about the business, services and products and other matters. It is possible that the info 3M posts on the News Center and social networks might be considered to be material info. For that reason, the business motivates financiers, the media and others thinking about 3M to examine the info published on 3M’s News Center and the social networks channels such as @ 3M or @ 3MNews.
Contacts
3M
Financier Contacts:
Diane Farrow, 612-202-2449
or
Eric Herron, 651-233-0043
Media Contact:
3MNews@mmm.com
SOURCE 3M Business