Business

3M Reports Slight Q4 Sales Increase to $6B, Eyes Strong 2025 Growth

3M's Q4 Financial Highlights

3M Company unveiled its fourth-quarter financial results, showcasing a modest 0.1% increase in GAAP sales, amounting to $6 billion. The operating cash flow was reported at a robust $1.8 billion, reflecting the company's strong financial health.

Earnings Per Share Growth

The GAAP earnings per share (EPS) for the quarter stood at $1.33, marking a significant 17% rise from the $1.14 recorded in the same period the previous year. However, the adjusted EPS saw a slight 2% decrease year-over-year, settling at $1.68.

Leadership's Perspective

"Our fourth quarter capped a year of strong results as we returned to positive organic revenue growth in the full year... I would like to thank the 3M team for their strong operational execution which helped us deliver double-digit earnings growth and robust free cash flow while returning $3.8 billion to shareholders. We are carrying this momentum forward and are confident in our ability to deliver our 2025 guidance," stated 3M Chief Executive Officer William Brown.

Market Response

Following the announcement, 3M shares experienced a 1.33% increase in premarket trading, signaling positive investor sentiment towards the company's financial performance and future outlook.