Overview

• 3M reported Q1 2025 adjusted earnings per share of $1.88, surpassing the consensus estimate of $1.77, with net sales of $5.95 billion exceeding expectations.
• Operating margins improved by 220 basis points to 23.5%, driven by cost controls and restructuring efforts.
• All three core segments posted organic sales growth: Safety & Industrial grew 2.5%, Transportation & Electronics 1.1%, and Consumer 0.3%.
• The company reaffirmed its 2025 adjusted EPS guidance of $7.60 to $7.90, acknowledging potential tariff-related headwinds of $0.20 to $0.40 per share.
• 3M authorized a new $7.5 billion share repurchase program, replacing its previous buyback plan, and returned $1.7 billion to shareholders through dividends and repurchases in Q1.