3M Future Growth
Future criteria checks 1/6
3M's revenue and earnings are forecast to decline at 5.3% and 2.1% per annum respectively. EPS is expected to decline by 0.3% per annum. Return on equity is forecast to be 95.6% in 3 years.
Key information
-2.1%
Earnings growth rate
-0.3%
EPS growth rate
| Industrials earnings growth | 8.0% |
| Revenue growth rate | -5.3% |
| Future return on equity | 95.6% |
| Analyst coverage | Good |
| Last updated | 14 Nov 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 25,322 | 4,533 | 4,192 | 5,715 | 14 |
| 12/31/2025 | 24,525 | 4,168 | 3,049 | 4,724 | 17 |
| 12/31/2024 | 23,809 | 4,140 | 2,315 | 3,474 | 14 |
| 9/30/2024 | 32,638 | 5,322 | 739 | 1,987 | N/A |
| 6/30/2024 | 32,614 | 1,423 | 4,277 | 5,684 | N/A |
| 3/31/2024 | 32,642 | -6,952 | 4,657 | 6,172 | N/A |
| 12/31/2023 | 32,681 | -6,995 | 5,065 | 6,680 | N/A |
| 9/30/2023 | 26,687 | -8,495 | 4,853 | 6,616 | N/A |
| 6/30/2023 | 29,036 | -2,109 | 4,444 | 6,237 | N/A |
| 3/31/2023 | 31,455 | 5,140 | 4,055 | 5,855 | N/A |
| 12/31/2022 | 34,229 | 5,777 | 3,842 | 5,591 | N/A |
| 9/30/2022 | 34,762 | 6,575 | 3,875 | 5,674 | N/A |
| 6/30/2022 | 35,085 | 4,150 | 4,310 | 6,017 | N/A |
| 3/31/2022 | 35,333 | 5,596 | 5,060 | 6,777 | N/A |
| 12/31/2021 | 35,355 | 5,921 | 5,851 | 7,454 | N/A |
| 9/30/2021 | 35,326 | 5,987 | 6,495 | 7,964 | N/A |
| 6/30/2021 | 34,734 | 5,983 | 7,076 | 8,570 | N/A |
| 3/31/2021 | 32,960 | 5,765 | 7,109 | 8,588 | N/A |
| 12/31/2020 | 32,184 | 5,449 | 6,612 | 8,113 | N/A |
| 9/30/2020 | 31,712 | 5,013 | 6,319 | 7,936 | N/A |
| 6/30/2020 | 31,353 | 5,166 | 5,880 | 7,478 | N/A |
| 3/31/2020 | 32,348 | 4,987 | 5,595 | 7,235 | N/A |
| 12/31/2019 | 32,136 | 4,517 | 5,371 | 7,070 | N/A |
| 9/30/2019 | 31,970 | 4,948 | 5,298 | 6,990 | N/A |
| 6/30/2019 | 32,131 | 4,908 | 5,387 | 7,107 | N/A |
| 3/31/2019 | 32,350 | 5,638 | 5,680 | 7,344 | N/A |
| 12/31/2018 | 32,765 | 5,349 | 4,862 | 6,439 | N/A |
| 9/30/2018 | 32,810 | 4,525 | 4,536 | 6,041 | N/A |
| 6/30/2018 | 32,830 | 4,411 | N/A | 5,652 | N/A |
| 3/31/2018 | 32,250 | 4,137 | N/A | 5,395 | N/A |
| 12/31/2017 | 31,657 | 4,858 | N/A | 6,240 | N/A |
| 9/30/2017 | 30,996 | 5,490 | N/A | 6,589 | N/A |
| 6/30/2017 | 30,533 | 5,390 | N/A | 6,747 | N/A |
| 3/31/2017 | 30,385 | 5,098 | N/A | 6,390 | N/A |
| 12/31/2016 | 30,109 | 5,050 | N/A | 6,662 | N/A |
| 9/30/2016 | 30,078 | 4,933 | N/A | 6,791 | N/A |
| 6/30/2016 | 30,081 | 4,900 | N/A | 6,547 | N/A |
| 3/31/2016 | 30,105 | 4,909 | N/A | 6,600 | N/A |
| 12/31/2015 | 30,274 | 4,833 | N/A | 6,420 | N/A |
| 9/30/2015 | 30,695 | 4,974 | N/A | 6,265 | N/A |
| 6/30/2015 | 31,120 | 4,981 | N/A | 6,312 | N/A |
| 3/31/2015 | 31,568 | 4,948 | N/A | 6,614 | N/A |
| 12/31/2014 | 31,821 | 4,956 | N/A | 6,626 | N/A |
| 9/30/2014 | 31,671 | 4,880 | N/A | 6,436 | N/A |
| 6/30/2014 | 31,450 | 4,807 | N/A | 5,876 | N/A |
| 3/31/2014 | 31,068 | 4,737 | N/A | 5,915 | N/A |
| 12/31/2013 | 30,871 | 4,659 | N/A | 5,817 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MMM's earnings are forecast to decline over the next 3 years (-2.1% per year).
Earnings vs Market: MMM's earnings are forecast to decline over the next 3 years (-2.1% per year).
High Growth Earnings: MMM's earnings are forecast to decline over the next 3 years.
Revenue vs Market: MMM's revenue is expected to decline over the next 3 years (-5.3% per year).
High Growth Revenue: MMM's revenue is forecast to decline over the next 3 years (-5.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MMM's Return on Equity is forecast to be very high in 3 years time (95.6%).