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GuruFocus has detected 6 Warning Signs with 3M Co \$FRA:MMM.
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3M Co (FRA:MMM)
Pre-Tax Income
€6,386 Mil (TTM As of Dec. 2016)

Pretax income is the income that a company earns before paying income taxes. 3M Co's pretax income for the three months ended in Dec. 2016 was €1,526 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2016 was €6,386 Mil. 3M Co's pretax margin was 21.97%.

During the past 13 years, 3M Co's highest Pretax Margin was 25.00%. The lowest was 20.03%. And the median was 21.43%.

Definition

This is the income that a company earns before paying income taxes.

3M Co's Pretax Income for the fiscal year that ended in Dec. 2016 is calculated as

 Pretax Income = Operating Income + Non-Recurring Items + Interest Expense + Interest Income + Other = 6847.09451133 + 0 + -188.643473315 + 27.4907574178 + -9.09494701773E-13 = 6,686

3M Co's Pretax Income for the quarter that ended in Dec. 2016 is calculated as

 Pretax Income = Operating Income + Non-Recurring Items + Interest Expense + Interest Income + Other = 1578.34865864 + 0 + -60.6692577495 + 8.53161437103 + 0 = 1,526

3M Co Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2016 was 1567.88793103 (Mar. 2016 ) + 1633.14346743 (Jun. 2016 ) + 1659.09293415 (Sep. 2016 ) + 1526.21101526 (Dec. 2016 ) = €6,386 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

3M Co's Pretax Margin for the quarter that ended in Dec. 2016 is calculated as

 Pretax Margin = Pretax Income / Revenue = 1526.21101526 / 6947.57796948 = 21.97%

During the past 13 years, 3M Co's highest Pretax Margin was 25.00%. The lowest was 20.03%. And the median was 21.43%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

3M Co Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Pretax Income 4,201 3,780 3,178 4,351 4,584 4,840 4,790 5,698 6,264 6,686

3M Co Quarterly Data

 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Pretax Income 1,459 1,328 1,574 1,615 1,644 1,343 1,568 1,633 1,659 1,526
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