Return on Equity (ROE)
since 2005
Calculation
3M Co., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income attributable to 3M1 | ÷ | Total 3M Company shareholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2021 | 39.35% | = | 100 | × | 5,921) | ÷ | 15,046) |
| Dec 31, 2020 | 41.84% | = | 100 | × | 5,384) | ÷ | 12,867) |
| Dec 31, 2019 | 45.41% | = | 100 | × | 4,570) | ÷ | 10,063) |
| Dec 31, 2018 | 54.60% | = | 100 | × | 5,349) | ÷ | 9,796) |
| Dec 31, 2017 | 42.01% | = | 100 | × | 4,858) | ÷ | 11,563) |
| Dec 31, 2016 | 49.04% | = | 100 | × | 5,050) | ÷ | 10,298) |
| Dec 31, 2015 | 41.28% | = | 100 | × | 4,833) | ÷ | 11,708) |
| Dec 31, 2014 | 37.81% | = | 100 | × | 4,956) | ÷ | 13,109) |
| Dec 31, 2013 | 26.62% | = | 100 | × | 4,659) | ÷ | 17,502) |
| Dec 31, 2012 | 25.29% | = | 100 | × | 4,444) | ÷ | 17,575) |
| Dec 31, 2011 | 27.78% | = | 100 | × | 4,283) | ÷ | 15,420) |
| Dec 31, 2010 | 26.08% | = | 100 | × | 4,085) | ÷ | 15,663) |
| Dec 31, 2009 | 25.02% | = | 100 | × | 3,193) | ÷ | 12,764) |
| Dec 31, 2008 | 35.02% | = | 100 | × | 3,460) | ÷ | 9,879) |
| Dec 31, 2007 | 34.87% | = | 100 | × | 4,096) | ÷ | 11,747) |
| Dec 31, 2006 | 38.67% | = | 100 | × | 3,851) | ÷ | 9,959) |
| Dec 31, 2005 | 31.67% | = | 100 | × | 3,199) | ÷ | 10,100) |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
3M Co., ROE, long-term trends, comparison to competitors
| 3M Co. | Boeing Co. | Caterpillar Inc. | Eaton Corp. plc | GE Aerospace | Honeywell International Inc. | Lockheed Martin Corp. | RTX Corp. | |
|---|---|---|---|---|---|---|---|---|
| Dec 31, 2021 | 39.35% | — | 39.37% | 13.06% | -16.17% | 29.85% | 57.62% | 5.29% |
| Dec 31, 2020 | 41.84% | — | 19.56% | 9.44% | 16.04% | 27.23% | 113.60% | -4.88% |
| Dec 31, 2019 | 45.41% | — | 41.77% | 13.75% | -17.58% | 33.22% | 199.23% | 13.25% |
| Dec 31, 2018 | 54.60% | 3,085.55% | 43.79% | 13.32% | -72.16% | 37.21% | 361.98% | 13.70% |
| Dec 31, 2017 | 42.01% | 2,309.01% | 5.50% | 17.30% | -9.00% | 9.58% | — | 15.37% |
| Dec 31, 2016 | 49.04% | 599.14% | -0.51% | 12.90% | 11.65% | 24.83% | 350.89% | 18.33% |
| Dec 31, 2015 | 41.28% | 81.70% | 14.19% | 13.03% | -6.23% | 26.08% | 116.40% | 27.81% |
| Dec 31, 2014 | 37.81% | 62.85% | 22.06% | 11.36% | 11.89% | 24.01% | 106.29% | 19.93% |
| Dec 31, 2013 | 26.62% | 30.82% | 18.21% | 11.08% | 10.00% | 22.47% | 60.61% | 17.95% |
| Dec 31, 2012 | 25.29% | 66.47% | 32.40% | 8.07% | 11.09% | 22.55% | 7,038.46% | 19.80% |
| Dec 31, 2011 | 27.78% | 114.31% | 38.25% | 18.07% | 12.15% | 19.13% | 265.23% | 22.76% |
| Dec 31, 2010 | 26.08% | 119.56% | 24.94% | 12.62% | 9.79% | 18.96% | 78.91% | 20.45% |
| Dec 31, 2009 | 25.02% | 61.65% | 10.24% | 5.65% | 9.40% | 24.34% | 73.24% | 19.08% |
| Dec 31, 2008 | 35.02% | — | 58.44% | 16.75% | 16.63% | 38.85% | 112.29% | 29.46% |
| Dec 31, 2007 | 34.87% | 45.25% | 39.86% | 19.22% | 19.22% | 26.50% | 30.93% | 19.78% |
| Dec 31, 2006 | 38.67% | 46.74% | 51.57% | 23.14% | 18.55% | 21.43% | 36.74% | 21.58% |
| Dec 31, 2005 | 31.67% | 23.26% | 33.85% | 21.31% | 14.95% | 14.71% | 23.20% | 18.06% |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Capital Goods)
3M Co., ROE, long-term trends, comparison to sector (capital goods)
| 3M Co. | Capital Goods | |
|---|---|---|
| Dec 31, 2021 | 39.35% | 8.48% |
| Dec 31, 2020 | 41.84% | 4.42% |
| Dec 31, 2019 | 45.41% | 18.11% |
| Dec 31, 2018 | 54.60% | 11.28% |
| Dec 31, 2017 | 42.01% | 10.13% |
| Dec 31, 2016 | 49.04% | 20.08% |
| Dec 31, 2015 | 41.28% | 10.42% |
| Dec 31, 2014 | 37.81% | 18.16% |
| Dec 31, 2013 | 26.62% | 15.14% |
| Dec 31, 2012 | 25.29% | 17.58% |
| Dec 31, 2011 | 27.78% | 19.63% |
| Dec 31, 2010 | 26.08% | 15.88% |
| Dec 31, 2009 | 25.02% | 13.47% |
| Dec 31, 2008 | 35.02% | 24.97% |
| Dec 31, 2007 | 34.87% | 22.64% |
| Dec 31, 2006 | 38.67% | 22.16% |
| Dec 31, 2005 | 31.67% | 17.27% |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Industrials)
3M Co., ROE, long-term trends, comparison to industry (industrials)
| 3M Co. | Industrials | |
|---|---|---|
| Dec 31, 2021 | 39.35% | 16.80% |
| Dec 31, 2020 | 41.84% | 4.33% |
| Dec 31, 2019 | 45.41% | 14.04% |
| Dec 31, 2018 | 54.60% | 17.93% |
| Dec 31, 2017 | 42.01% | 17.99% |
| Dec 31, 2016 | 49.04% | 21.64% |
| Dec 31, 2015 | 41.28% | 13.52% |
| Dec 31, 2014 | 37.81% | 19.40% |
| Dec 31, 2013 | 26.62% | 16.36% |
| Dec 31, 2012 | 25.29% | 17.50% |
| Dec 31, 2011 | 27.78% | 19.78% |
| Dec 31, 2010 | 26.08% | 16.34% |
| Dec 31, 2009 | 25.02% | 12.94% |
| Dec 31, 2008 | 35.02% | 23.35% |
| Dec 31, 2007 | 34.87% | 20.36% |
| Dec 31, 2006 | 38.67% | 21.24% |
| Dec 31, 2005 | 31.67% | 16.96% |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).