A Quick Look At 3M’s Revenue Sources:
3M reported $32.7 billion in Total Revenues in Fiscal 2018. This included 5 revenue streams:
Industrial Business: $11.4 billion in FY 2018 (35% of Total Revenues). This segment serves a broad range of markets, such as automotive original equipment manufacturer and automotive aftermarket, electronics and automotive electrification, appliance, paper and printing, packaging, food and beverage, and construction. Its major product offerings include vinyl, polyester, foil and specialty industrial tapes and adhesives.
Safety and Graphics Business: $6.3 billion in FY 2018 (19% of Total Revenues). This segment derives revenue by providing products that increase the safety and productivity of people, facilities and systems
Consumer Business: $4.4 billion in FY 2018 (14% of Total Revenues). The Consumer segment serves markets that include consumer retail, online retail, office retail, office business to business, home improvement, drug and pharmacy retail, and other markets. Products in this segment include office supply products, stationery products, home care products and consumer health care products.
Healthcare Business: $5.6 billion in FY 2018 (17% of Total Revenues). Health Care segment serves a broad range of markets that include medical clinics and hospitals, pharmaceuticals, dental and orthodontic practitioners, health information systems. Major products include medical tapes, dressings, wound closure product as well as surgical drapes, masks and preps, electrodes and stethoscopes
Electronics and Energy Business: $5 billion in FY 2018 (15% of Total Revenues). The Electronics and Energy segment serves customers in electronics and energy markets. Major product offerings of this segment include: LCD computer monitors, LCD televisions handheld devices such as cellular phones and tablets, notebook PCs and automotive displays.