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3M CO Interest Expense 2015-2026 | MMM

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What is interest expense?

Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.

What is 3M CO's current interest expense?

3M CO (MMM) annual interest expense for 2025 was $448.0M, a 5.08% decline from 2024. 3M CO interest expense for the quarter ending March 31, 2026 was $106.0M.

What was 3M CO's interest expense in 2024?

3M CO annual interest expense for 2024 was $472.0M, a 49.89% decline from 2023.

What was 3M CO's interest expense in 2023?

3M CO annual interest expense for 2023 was $942.0M, a 103.90% increase from 2022.

What is 3M CO's 5-year interest expense CAGR?

3M CO interest expense grew at a compound annual growth rate (CAGR) of 3.27% from FY2020 to FY2025, going from $529.0M to $448.0M over 5 years.

Interest Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Declining
CAGR-3.3%
FY2020
$529.0M
→
FY2025
$448.0M
1516171819202122232425
5 years selected
Interest Expense History
PeriodValueChangeSource
FY2025$448.0M-5.1%10-K
FY2024$472.0M-49.9%10-K
FY2023$942.0M+103.9%10-K
FY2022$462.0M-5.3%10-K
FY2021$488.0M-7.8%10-K
FY2020$529.0M+18.1%10-K
FY2019$448.0M+28.0%10-K
FY2018$350.0M+8.7%10-K
FY2017$322.0M+61.8%10-K
FY2016$199.0M+33.6%10-K
FY2015$149.0M-10-K
Company: 3M COTicker: MMMSector: HealthcareIndustry: Surgical & Medical Instruments & ApparatusView company profile →