3M Co (FRA:MMM) Pre-Tax Income : €-8,975 Mil (TTM As of Dec. 2023)

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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. 2023 was €917 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was €-8,975 Mil. 3M Co's pretax margin was 12.48%.

During the past 13 years, 3M Co's highest Pretax Margin was 23.84%. The lowest was -29.64%. And the median was 21.24%.

3M Co Pre-Tax Income Historical Data

The historical data trend for 3M Co's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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3M Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

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5,078.70

5,585.49

6,375.54

6,034.05

-8,883.90

3M Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Pre-Tax Income	Get a 7-Day Free Trial															563.57	1,110.53	-8,328.23	-2,674.20	917.00

Competitive Comparison

For the Conglomerates subindustry, 3M Co's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

3M Co Pre-Tax Income Distribution

For the Conglomerates industry and Industrials sector, 3M Co's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where 3M Co's Pre-Tax Income falls into.

3M Co Pre-Tax Income Calculation

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. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-8285.095	+	33.012	+	-863.814	+	232.001	+	-1.8189894035459E-12
	=	-8,884

3M Co's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	1172.843	+	0	+	-340.207	+	84.364	+	-1.1368683772162E-13
	=	917

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-8,975 Mil.

3M Co (FRA:MMM) Pre-Tax Income Explanation

3M Co's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	917	/	7347.921
	=	12.48%

During the past 13 years, 3M Co's highest Pretax Margin was 23.84%. The lowest was -29.64%. And the median was 21.24%.

3M Co Pre-Tax Income Related Terms

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3M Co (FRA:MMM) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

MMM:USA MMM:Mexico 1MMM:Italy MMMd:UK MMM:Germany MMM:Chile MMM:Switzerland MMMC34:Brazil MMM:Austria MMM:Argentina

Address

3M Center, St. Paul, MN, USA, 55144

Website

https://www.3m.com

3M is a multinational conglomerate that has operated since 1902, when it was known as Minnesota Mining and Manufacturing. The company is well known for its research and development laboratory and it leverages its science and technology across multiple product categories. As of 2020, 3M is organized into four business segments: safety and industrial, transportation and electronics, healthcare, and consumer. Nearly 50% of the company's revenue comes from outside the Americas, with the safety and industrial segment constituting a plurality of net sales. Many of the company's 60,000-plus products touch and concern a variety of consumers and end markets.