3M reported full-year 2024 adjusted earnings per share (EPS) from continuing operations of $7.30, marking a 21% increase year-over-year. The company also expanded its adjusted operating margin by 280 basis points to 21.4%, demonstrating strong operational execution throughout the year.
For the fourth quarter of 2024, 3M achieved adjusted organic sales growth of 2.1%, contributing to a full-year adjusted organic sales growth of 1.2%. The company returned a significant $3.8 billion in cash to shareholders during 2024, comprising $2.0 billion in dividends and $1.8 billion in share repurchases.
Looking ahead, 3M initiated its full-year 2025 financial guidance, projecting organic sales growth in the range of 2% to 3%. The company expects adjusted EPS to be between $7.60 and $7.90, with adjusted free cash flow conversion anticipated to be approximately 100%.
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