3M CO

Surgical & Medical Instruments & Apparatus·ST PAUL, MN·FY end 12/31·CIK 66740

CEO Pay Ratio

316:1

William M. Brown

CEO Total Comp

$21.0M

William M. Brown

Median Employee

$66,524

Revenue

$24.9B

FY 2025

Net Income

$3.3B

FY 2025

Free Cash Flow

$1.4B

FY 2025

Net Margin

13.0%

Insider Net (180d)

-$12.1M

0 buys / 8 sales

CEO Pay Accountability

CEO comp as % of net income

0.65%

For every $1,000 of profit, $6.46 flows to the CEO.

CEO comp as % of buybacks

0.65%

CEO comp equals 6.5‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$24.9B	$6.0B	$32.7B	$34.2B	$35.4B
Gross Profit	—	—	—	—	—	—
Operating Income	$4.6B	$4.8B	-$9.1B	$6.5B	$7.4B
Net Income	$3.3B	$728.0M	-$7.0B	$5.8B	$5.9B
Operating CF	$2.3B	$1.8B	$6.7B	$5.6B	$7.5B
Capex	$910.0M	$1.2B	$1.6B	$1.7B	$1.6B
Free Cash Flow	$1.4B	$638.0M	$5.1B	$3.8B	$5.9B
Buybacks	$3.3B	$1.8B	$33.0M	$1.5B	$2.2B
Dividends	$1.6B	$2.0B	$3.3B	$3.4B	$3.4B

Gross Margin	—	—	—	—	—	—
Operating Margin	18.6%	80.2%	-27.9%	19.1%	20.8%
Net Margin	13.0%	12.1%	-21.4%	16.9%	16.7%
FCF Margin	5.6%	10.6%	15.5%	11.2%	16.5%
R&D / Revenue	—	11.6%	3.1%	3.2%	3.5%
Effective Tax	23.8%	16.7%	27.8%	—	—
Debt / Equity	5.01	6.29	5.69	2.03	2.22
Buybacks / FCF	232.9%	282.3%	0.7%	38.1%	37.6%

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
William M. BrownChairman and Chief Executive Officer	$1.8M	$7.8M	$7.0M	$3.7M	$704.6K	$21.0M
Anurag MaheshwariExecutive Vice President and Chief Financial Officer	$1.1M	$3.5M	$1.1M	$1.5M	$349.8K	$7.5M
Kevin H. RhodesExecutive Vice President, Chief Legal Affairs Officer and Secretary	$932.5K	$2.4M	$732.6K	$997.9K	$1.7M	$6.7M
Christian T. GoralskiGroup President, Safety and Industrial	$804.7K	$2.5M	$785.2K	$1.1M	$181.0K	$5.4M
Wendy A. BauerGroup President, Transportation and Electronics	$828.8K	$2.5M	$785.2K	$911.7K	$112.9K	$5.2M