3M Research and Development Expenses 2010-2023 | MMM
3M annual/quarterly research and development expenses history and growth rate from 2010 to 2023. Research and development expenses can be defined as an expense arising from studies and product development processes.
- 3M research and development expenses for the quarter ending December 31, 2023 were $0.467B, a 4.94% increase year-over-year.
- 3M research and development expenses for the twelve months ending December 31, 2023 were $1.842B, a 1.07% decline year-over-year.
- 3M annual research and development expenses for 2023 were $1.842B, a 1.07% decline from 2022.
- 3M annual research and development expenses for 2022 were $1.862B, a 6.62% decline from 2021.
- 3M annual research and development expenses for 2021 were $1.994B, a 6.18% increase from 2020.
3M Annual Research and Development Expenses
(Millions of US $) |
| 2023 |
$1,842 |
| 2022 |
$1,862 |
| 2021 |
$1,994 |
| 2020 |
$1,878 |
| 2019 |
$1,911 |
| 2018 |
$1,821 |
| 2017 |
$1,870 |
| 2016 |
$1,764 |
| 2015 |
$1,763 |
| 2014 |
$1,770 |
| 2013 |
$1,715 |
| 2012 |
$1,634 |
| 2011 |
$1,570 |
| 2010 |
$1,434 |
| 2009 |
$1,293 |
3M Quarterly Research and Development Expenses
(Millions of US $) |
| 2023-12-31 |
$467 |
| 2023-09-30 |
$430 |
| 2023-06-30 |
$473 |
| 2023-03-31 |
$472 |
| 2022-12-31 |
$445 |
| 2022-09-30 |
$461 |
| 2022-06-30 |
$476 |
| 2022-03-31 |
$480 |
| 2021-12-31 |
$474 |
| 2021-09-30 |
$482 |
| 2021-06-30 |
$514 |
| 2021-03-31 |
$524 |
| 2020-12-31 |
$456 |
| 2020-09-30 |
$461 |
| 2020-06-30 |
$424 |
| 2020-03-31 |
$537 |
| 2019-12-31 |
$521 |
| 2019-09-30 |
$443 |
| 2019-06-30 |
$470 |
| 2019-03-31 |
$477 |
| 2018-12-31 |
$437 |
| 2018-09-30 |
$430 |
| 2018-06-30 |
$468 |
| 2018-03-31 |
$486 |
| 2017-12-31 |
$448 |
| 2017-09-30 |
$468 |
| 2017-06-30 |
$478 |
| 2017-03-31 |
$476 |
| 2016-12-31 |
$450 |
| 2016-09-30 |
$427 |
| 2016-06-30 |
$437 |
| 2016-03-31 |
$450 |
| 2015-12-31 |
$433 |
| 2015-09-30 |
$429 |
| 2015-06-30 |
$438 |
| 2015-03-31 |
$463 |
| 2014-12-31 |
$436 |
| 2014-09-30 |
$434 |
| 2014-06-30 |
$448 |
| 2014-03-31 |
$452 |
| 2013-12-31 |
$438 |
| 2013-09-30 |
$420 |
| 2013-06-30 |
$427 |
| 2013-03-31 |
$430 |
| 2012-12-31 |
$418 |
| 2012-09-30 |
$397 |
| 2012-06-30 |
$408 |
| 2012-03-31 |
$411 |
| 2011-12-31 |
$379 |
| 2011-09-30 |
$389 |
| 2011-06-30 |
$404 |
| 2011-03-31 |
$398 |
| 2010-12-31 |
$388 |
| 2010-09-30 |
$354 |
| 2010-06-30 |
$350 |
| 2010-03-31 |
$342 |
| 2009-12-31 |
$326 |
| 2009-09-30 |
$335 |
| 2009-06-30 |
$309 |
| 2009-03-31 |
$323 |
| Sector |
Industry |
Market Cap |
Revenue |
| Multi-Sector Conglomerates |
Diversified Operations |
$55.131B |
$32.681B |
|
3M Company together with its subsidiaries operates as a diversified technology firm. It has manufacturing operations across the globe and serves diversified customer base primarily in the United States, Europe, Middle East and Africa; Latin America/Canada; and the Asia Pacific regions. The company has four business segments. The Safety & Industrial segment mainly serves customers in the electrical, safety and industrial markets across the globe. The Transportation & Electronics segment primarily serves original equipment manufacturers in the electronics and transportation industries across the globe. The Health Care segment engages in serving customers in the global healthcare industry. Businesses within the segment are oral care, medical solutions, food safety, separation and purification sciences, and health information systems businesses. The Consumer segment provides office supply, stationery, home improvement products, homecare products and consumer healthcare products.
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