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Revenue breakdown by Products & Services
Revenue breakdown by Geography

3M Company's Revenue by Segment

In fiscal year 2023, 3M Company's revenue by segment (products & services) are as follows:

  • Consumer Segment: $5.03B
  • Health Care Segment: $8.20B
  • Safety And Industrial Segment: $10.96B
  • Transportation And Electronics Segment: $8.50B

Learn more about 3M Company’s Revenue by Geography

Check out competitors to 3M Company in a side-by-side comparison.

Explore additional financial metrics for 3M Company.

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The above chart shows 3M Company's revenue percentage share by segment (products and services).

In fiscal year 2021, 3M Company's revenue by segment is as follows:

  • Consumer Segment generated $5.86B in revenue, representing 15.59% of its total revenue.
  • Health Care Segment generated $9.05B in revenue, representing 24.1% of its total revenue.
  • Safety And Industrial Segment generated $12.88B in revenue, representing 34.3% of its total revenue.
  • Transportation And Electronics Segment generated $9.77B in revenue, representing 26.01% of its total revenue.

The biggest segment for 3M Company is the Safety And Industrial Segment, which represents 34.3% of its total revenue.
The smallest segment for 3M Company is the Consumer Segment, which represents 15.59% of its total revenue.

The above chart shows 3M Company's revenue percentage share by segment (products and services).

In fiscal year 2022, 3M Company's revenue by segment is as follows:

  • Consumer Segment generated $5.30B in revenue, representing 15.48% of its total revenue.
  • Health Care Segment generated $8.42B in revenue, representing 24.6% of its total revenue.
  • Safety And Industrial Segment generated $11.60B in revenue, representing 33.91% of its total revenue.
  • Transportation And Electronics Segment generated $8.90B in revenue, representing 26.01% of its total revenue.

The biggest segment for 3M Company is the Safety And Industrial Segment, which represents 33.91% of its total revenue.
The smallest segment for 3M Company is the Consumer Segment, which represents 15.48% of its total revenue.

The above chart shows 3M Company's revenue percentage share by segment (products and services).

In fiscal year 2023, 3M Company's revenue by segment is as follows:

  • Consumer Segment generated $5.03B in revenue, representing 15.38% of its total revenue.
  • Health Care Segment generated $8.20B in revenue, representing 25.08% of its total revenue.
  • Safety And Industrial Segment generated $10.96B in revenue, representing 33.53% of its total revenue.
  • Transportation And Electronics Segment generated $8.50B in revenue, representing 26.01% of its total revenue.

The biggest segment for 3M Company is the Safety And Industrial Segment, which represents 33.53% of its total revenue.
The smallest segment for 3M Company is the Consumer Segment, which represents 15.38% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2021 2022 2023
Safety And Industrial Segment 34.3% 33.91% 33.53%
Transportation And Electronics Segment 26.01% 26.01% 26.01%
Consumer Segment 15.59% 15.48% 15.38%
Health Care Segment 24.1% 24.6% 25.08%
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of 3M Company.

In fiscal year 2023, the Safety And Industrial Segment generated the most revenue ($10.96B), and the Consumer Segment generated the least revenue ($5.03B).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Consumer Segment revenue decreased -5.13% ($272.00M) from $5.30B (in 2022) to $5.03B (in 2023).
  • Health Care Segment revenue decreased -2.68% ($226.00M) from $8.42B (in 2022) to $8.20B (in 2023).
  • Safety And Industrial Segment revenue decreased -5.58% ($648.00M) from $11.60B (in 2022) to $10.96B (in 2023).
  • Transportation And Electronics Segment revenue decreased -4.5% ($401.00M) from $8.90B (in 2022) to $8.50B (in 2023).
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    Summary Table

    Products & Services 2021 2022 2023
    Consumer Segment $5.86B - $5.30B
    9.53%
    $5.03B
    5.13%
    Health Care Segment $9.05B - $8.42B
    6.95%
    $8.20B
    2.68%
    Safety And Industrial Segment $12.88B - $11.60B
    9.91%
    $10.96B
    5.58%
    Transportation And Electronics Segment $9.77B - $8.90B
    8.88%
    $8.50B
    4.50%
    Total Revenue $37.56B - $34.23B
    8.87%
    $32.68B
    4.52%