3M Company ( (MMM) ) has released its Q1 earnings. Here is a breakdown of the information 3M Company presented to its investors.
3M Company, a global leader in diversified technology and innovation, operates across various sectors including safety, industrial, transportation, and consumer products, with a strong emphasis on research and development. In its first-quarter 2025 earnings report, 3M reported GAAP sales of $6.0 billion, a slight decline of 1.0% year-over-year, while adjusted sales increased by 0.8% to $5.8 billion. The company also highlighted a significant increase in earnings per share (EPS), with GAAP EPS rising by 61% to $2.04 and adjusted EPS up by 10% to $1.88. Operating margins showed improvement, with a GAAP margin of 20.9% and an adjusted margin of 23.5%. Key financial metrics revealed that 3M returned $1.7 billion to shareholders through dividends and share repurchases, despite a negative operating cash flow of $0.1 billion. The company also reported an adjusted free cash flow of $0.5 billion. Looking ahead, 3M has updated its 2025 guidance, projecting adjusted EPS in the range of $7.60 to $7.90, while remaining cautious about tariff sensitivities. The management remains focused on enhancing business fundamentals and advancing strategic priorities, leveraging its global network and U.S. footprint.