earnings
confidence high
sentiment positive
materiality 0.80
3M Q4 GAAP EPS $1.33, adj. EPS $1.68; FY2024 adj. EPS $7.30, up 21% YoY; guides FY2025 adj. EPS $7.60-$7.90
3M CO
2024-FY EPS reported
$7.55
revenue$24,575,000,000
- Q4 GAAP EPS $1.33, up 17% YoY; adjusted EPS $1.68, down 2% YoY.
- Q4 sales $6.0B, flat YoY; adjusted sales $5.8B, up 2.2% YoY with 2.1% organic growth.
- FY2024 GAAP EPS $7.26; adjusted EPS $7.30, up 21% YoY vs $6.04 in 2023.
- FY2025 guidance: adjusted EPS $7.60-$7.90, adjusted organic sales growth 2%-3%.
- Returned $3.8B to shareholders in FY2024; adjusted free cash flow $4.9B.