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3M Co (NYSE:MMM)
Pretax Income
$6,823 Mil (TTM As of Sep. 2016)

Pretax income is the income that a company earns before paying income taxes. 3M Co's pretax income for the six months ended in Sep. 2016 was $1,862 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2016 was $6,823 Mil. 3M Co's pretax margin was 24.15%.

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. 2015 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=6946+0+-149+26+0
=6,823

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

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=1904+0+-50+8+0
=1,862

For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. 3M Co Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2016 was $6,823 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 Sep. 2016 is calculated as

Pretax Margin=Pretax Income/Revenue
=1862/7709
=24.15%

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

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Pretax Income 5,6256,1155,1084,6325,7556,0316,3516,5627,0266,823

3M Co Semi-Annual Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Pretax Income 1,8201,8801,6381,7031,8121,8451,4631,7461,8351,862
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