3M Revenues And Revenue Growth From 2012 To 2016

With $30.1 billion revenues, 3M ranked number 87 in the R&P; Research list of top-3000 public companies in the US by revenues during 2016. Each one of the top-3000 companies generated more than $50 million of annual revenues during 2016.

The top-20 companies in the US by revenues during 2016 were:

1. Walmart ($482.1 billion)
2. ExxonMobil ($226.1 billion)
3. Berkshire Hathaway ($223.6 billion)
4. Apple ($215.6 billion)
5. McKesson ($190.9 billion)
6. UnitedHealth Group ($184.8 billion)
7. CVS Health ($177.5 billion)
8. General Motors ($166.4 billion)
9. AT&T; ($163.8 billion)
10. Ford Motor ($151.8 billion)
11. AmerisourceBergen ($146.8 billion)
12. Amazon ($136 billion)
13. Verizon ($126 billion)
14. General Electric ($123.7 billion)
15. Cardinal Health ($121.5 billion)
16. Costco ($118.7 billion)
17. Walgreens Boots Alliance ($117.4 billion)
18. Chevron ($114.5 billion)
19. Kroger ($109.8 billion)
20. Express Scripts Holding ($100.3 billion)

For the purpose of performance benchmarking of a company with a sector or industry average, R&P; Research associates every company with one sector and one industry. An industry consists of companies with related/similar business models. A sector comprises of a group of related/similar industries. For high-level analysis purposes, related/similar sectors are grouped into sector groups.

For example, Healthcare sector group is comprised of Life Sciences sector and Healthcare Services sector. Life Sciences sector is comprised of following industries: Pharmaceuticals; Medical Devices; Biotechnology; Diagnostics & Scientific Instruments. Healthcare Services sector is comprised of following industries: Medication Stores, PBM and Distributors; Healthcare Payers; Healthcare Providers; Medical Software; Healthcare Research Services.

3M is associated with Industrials Sector Group, Industrial Goods & Services Sector and Industrial Conglomerates Industry.

With $30.1 billion revenues, 3M ranked number 12 of all the companies in the US Industrials sector group. There were a total of 542 public companies in the US Industrials sector group that had revenues greater than $50 million during 2016.

The top-10 companies in the US Industrials sector group by revenues during 2016 were:

1. General Motors ($166.4 billion)
2. Ford Motor ($151.8 billion)
3. General Electric ($123.7 billion)
4. Boeing ($94.6 billion)
5. UPS ($60.9 billion)
6. United Technologies ($57.2 billion)
7. Fedex ($50.4 billion)
8. Lockheed Martin ($47.2 billion)
9. Honeywell International ($39.3 billion)
10. Caterpillar ($38.5 billion)

Industrials sector group is comprised of the following sectors: Aerospace and Defense; Automobiles and Parts; Construction and Building Products; Industrial Goods & Services; Industrial Support Services; Transportation & Logistics.

With $30.1 billion revenues, 3M ranked number 3 of all the companies in the US Industrial Goods & Services sector. There were a total of 182 public companies in the US Industrial Goods & Services sector that had revenues greater than $50 million during 2016.

The top-10 companies in the US Industrial Goods & Services sector by revenues during 2016 were:

1. General Electric ($123.7 billion)
2. Honeywell International ($39.3 billion)
3. 3M ($30.1 billion)
4. International Paper ($21.1 billion)
5. Eaton Corp ($19.7 billion)
6. Cummins ($17.5 billion)
7. Danaher ($16.9 billion)
8. Icahn Enterprises ($16.3 billion)
9. Emerson Electric ($14.5 billion)
10. WestRock ($14.2 billion)

Industrial Goods & Services sector is comprised of the following industries: Industrial Conglomerates; Industrial Machinery; Electrical Components & Equipment; Electronic Equipment & Parts; Containers & Packaging. The definitions for each of the industries is as follows:

• Industrial Conglomerates industry includes Industrial companies engaged in three or more classes of business within the Industrial industry that differ substantially from each other.
• Industrial Machinery industry includes designers, manufacturers, distributors and installers of industrial machinery and factory equipment, such as machine tools, lathes, presses and assembly line equipment. It also includes makers of pollution control equipment, castings, pressings, welded shapes, structural steelwork, compressors, pumps, bearings, elevators and escalators.
• Electrical Components & Equipment industry consists of manufacturers and distributors of electrical parts for finished products, such as printed circuit boards for radios, televisions and other consumer electronics. It also includes makers of cables, wires, ceramics, transistors, electric adapters, fuel cells and security cameras. Manufacturers of Electric motors and generators and mechanical motion control products are also part of this industry.
• Electronic Equipment & Parts industry includes companies offering Manufacturing and Design services for Engineered Components and Products used in different industries. Companies providing Laser-based manufacturing products are part of this industry.
• Containers & Packaging industry includes producers and distributors of cardboard, bags, boxes, cans, drums, bottles, jars and glass used for packaging. Specialty Packaging Products and Pressure-Sensitive Materials producers are also part of this industry.

With $30.1 billion revenues, 3M ranked number 3 of all the companies in the US Industrial Conglomerates industry. There were a total of 10 public companies in the US Industrial Conglomerates industry that had revenues greater than $50 million during 2016.

The top-10 companies in the US Industrial Conglomerates industry by revenues during 2016 were:

1. General Electric ($123.7 billion)
2. Honeywell International ($39.3 billion)
3. 3M ($30.1 billion)
4. Danaher ($16.9 billion)
5. Icahn Enterprises ($16.3 billion)
6. Illinois Tool Works ($13.6 billion)
7. Trinity Industries ($4.6 billion)
8. Roper Technologies ($3.8 billion)
9. Carlisle Companies ($3.7 billion)
10. CSW Industrials ($319.8 million)

COMPANIES SEGMENTATION

To identify and analyze high/low growth or most/least profitable similar-size companies in different sectors or industries, R&P; research classifies all companies into different segments based upon their revenues, revenue growth, and net profit margins.

Based upon their annual revenues, the companies are classified into one of the following four segments:

1. Mega companies, having revenues greater than $50 billion.
2. Very Large companies, having revenues between $10 billion and $50 billion.
3. Large companies, having revenues between $1 billion and $10 billion.
4. Mid-size companies, having revenues between $50 million and $1 billion.

With $30.1 billion revenues, 3M was in the Very Large companies revenue segment during 2016. There were a total of 239 companies in the Very Large companies revenue segment during 2016.

Based upon their annual revenue growth, the companies are classified into one of the following eight segments:

1. Very High positive growth companies, having annual revenue growth greater than 50%.
2. High positive growth companies, having annual revenue growth between 20% and 50%.
3. Medium positive growth companies, having annual revenue growth between 5% and 20%.
4. Low positive growth companies, having annual revenue growth between 0% and 5%.
5. Low negative growth companies, having annual revenue growth between -5% and 0%.
6. Medium negative growth companies, having annual revenue growth between -20% and -5%.
7. High negative growth companies, having annual revenue growth between -50% and -20%.
8. Very High negative growth companies, having annual revenue growth less than -50%.

With -0.5% revenue growth year-over-year, 3M was in the Low negative revenue growth segment during 2016. There were a total of 384 companies in the Low negative revenue growth segment during 2016. Of the US top-3000 companies, 1985 (nearly two-third of the total) had positive revenue growth and 1015 (nearly one-third of the total) had negative revenue growth during 2016.

Based upon their annual net profit margin, the companies are classified into one of the following eight segments:

1. Very High positive margin companies, having net profit margin greater than 50%.
2. High positive margin companies, having net profit margin between 20% and 50%.
3. Medium positive margin companies, having net profit margin between 5% and 20%.
4. Low positive margin companies, having net profit margin between 0% and 5%.
5. Low negative margin companies, having net profit margin between -5% and 0%.
6. Medium negative margin companies, having net profit margin between -20% and -5%.
7. High negative margin companies, having net profit margin between -50% and -20%.
8. Very High negative margin companies, having net profit margin less than -50%.

With a net margin of 16.8%, 3M was in the Medium positive net profit margin segment during 2016. There were a total of 1086 companies in the Medium positive net profit margin segment during 2016. Of the US top-3000 companies, 2244 (nearly three-fourth of the total) had positive net profit margin and 756 (nearly one-fourth of the total) had negative net profit margin during 2016.

COMPANY BUSINESS SUMMARY

3M Company operates as a diversified technology company worldwide. The company’s Industrial segment offers tapes; coated, non-woven, and bonded abrasives; adhesives; advanced ceramics; sealants; specialty materials; separation and purification products; closure systems for personal hygiene products; acoustic systems products; automotive components; and abrasion-resistant films, and paint finishing and detailing products. Its Safety and Graphics Business segment provides personal protection products, traffic safety and security products, commercial graphics systems, commercial cleaning and protection products, floor matting, roofing granules for asphalt shingles, and fall protection products. The company’s Health Care segment offers medical and surgical supplies, skin health and infection prevention products, inhalation and transdermal medication delivery systems, dental and orthodontic products, health information systems, and food safety products. Its Electronics and Energy segment provides optical films; packaging and interconnection devices; insulating and splicing solutions; touch screens and touch monitors; renewable energy component solutions; and infrastructure protection products. The company’s Consumer segment offers sponges, scouring pads, high-performance cloths, repositionable notes, indexing systems, home improvement and care products, protective materials, and consumer and office tapes and adhesives. The company serves automotive, electronics and energy, appliance, paper and printing, packaging, food and beverage, construction, medical clinics and hospitals, pharmaceuticals, dental and orthodontic practitioners, health information systems, food manufacturing and testing, consumer and office retail, office business to business, home improvement, medication and pharmacy retail, and other markets directly, as well as through wholesalers, retailers, jobbers, distributors, and dealers. The company was founded in 1902 and is headquartered in St. Paul, Minnesota.

DATA SOURCE

The chart and the data on this page are sourced from the R&P; Research Industry Intelligence Platform. The platform provides the key financial metrics for all the public companies in the United States. The platform empowers users to compare last five or 15 years financial data of a company with the other companies or the industry averages. This benchmarking exercise yields powerful insights that can drive better business decisions.

INDUSTRY PEERS AND COMPETITORS OF 3M

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