3M has reported its financial results for Q1 2025, featuring both achievements and challenges.
Overview of Financial Results
In Q1 2025, 3M recorded GAAP sales of $6.0 billion, down 1.0% year-over-year. The GAAP EPS was $2.04, marking a significant 61% increase from last year. Adjusted sales were $5.8 billion, reflecting 1.5% organic growth. The adjusted EPS of $1.88 was up 10% from last year, surpassing market expectations of $1.75.
Return of Capital to Shareholders
The company returned $1.7 billion to shareholders through dividends and share repurchases, demonstrating its commitment to delivering value to investors.
2025 Guidance
3M updated its full-year 2025 guidance, projecting an adjusted EPS range of $7.60 to $7.90. The company considers potential tariff impacts that could reduce EPS by $0.20 to $0.40 per share. CEO William Brown emphasized the importance of focusing on strategic priorities and improving business fundamentals.
3M's Q1 2025 financial results highlight its ability to adapt to market challenges and execute strategic initiatives for enhanced profitability.
