3M (MMM) Interest Expenses (2009 - 2021)
3M recorded quarterly Interest Expenses of $121.0 million in Q2 2021, down 8.33% quarter-over-quarter from $132.0 million in Q1 2021, and down 11.68% year-over-year from $137.0 million in Q2 2020.
3M's Interest Expenses history runs 13 years deep, the most recent figure standing at $121.0 million for Q2 2021.
- In Q2 2021, Interest Expenses fell 11.68% year-over-year to $121.0 million; the TTM figure through Mar 2022 stood at $121.0 million (down 77.51% YoY), while the FY2020 annual figure was $529.0 million, up 18.08% from the prior year.
- Interest Expenses came in at $121.0 million for Q2 2021 at 3M, down from $132.0 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $166.0 million in Q4 2017 to a low of $45.0 million in Q1 2017.
- A 5-year average of $105.7 million and a median of $110.0 million in 2019 frame the typical range for Interest Expenses.
- Across the five-year window, Interest Expenses jumped 159.38% in 2017 and tumbled 42.77% in 2018, its largest moves.
- 3M's Interest Expenses stood at $166.0 million in 2017, then sank by 42.77% to $95.0 million in 2018, then soared by 30.53% to $124.0 million in 2019, then advanced by 13.71% to $141.0 million in 2020, then retreated by 14.18% to $121.0 million in 2021.
- According to Business Quant data, Interest Expenses over the past three periods registered $121.0 million, $132.0 million, and $141.0 million for Q2 2021, Q1 2021, and Q4 2020 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Honeywell International | 149.73 Bn | 138.42 Bn | 3.54 Bn | 356.00 Mn |
| 2 | 3M | 79.89 Bn | 75.79 Bn | 2.46 Bn | - |
| 3 | Valmont Industries | 10.28 Bn | 10.12 Bn | 316.88 Mn | 9.41 Mn |
| 4 | Seaboard | 5.00 Bn | 3.86 Bn | 217.00 Mn | 10.00 Mn |
| 5 | Otter Tail | 3.50 Bn | 3.10 Bn | 239.49 Mn | 12.64 Mn |
| 6 | Tetra Technologies | 1.39 Bn | 1.39 Bn | 38.23 Mn | 3.24 Mn |
| 7 | Deluxe | 1.11 Bn | 1.08 Bn | 279.40 Mn | 27.70 Mn |
| 8 | Matthews International | 838.50 Mn | 802.41 Mn | 101.98 Mn | 10.04 Mn |
| 9 | Compass Diversified Holdings | 825.34 Mn | 892.99 Mn | 189.36 Mn | - |
| 10 | Falcon's Beyond Global | 575.98 Mn | 586.01 Mn | - | 280,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2021 | 121.00 Mn |
| Jun 30, 2021 | 121.00 Mn |
| Mar 31, 2021 | 132.00 Mn |
| Mar 31, 2021 | 132.00 Mn |
| Dec 31, 2020 | 141.00 Mn |
| Dec 31, 2020 | 141.00 Mn |
| Sep 30, 2020 | 128.00 Mn |
| Sep 30, 2020 | 128.00 Mn |
| Jun 30, 2020 | 137.00 Mn |
| Jun 30, 2020 | 137.00 Mn |
| Mar 31, 2020 | 123.00 Mn |
| Mar 31, 2020 | 123.00 Mn |
| Dec 31, 2019 | 124.00 Mn |
| Dec 31, 2019 | 124.00 Mn |
| Sep 30, 2019 | 109.00 Mn |
| Sep 30, 2019 | 109.00 Mn |
| Jun 30, 2019 | 111.00 Mn |
| Jun 30, 2019 | 111.00 Mn |
| Mar 31, 2019 | 104.00 Mn |
| Mar 31, 2019 | 104.00 Mn |
| Dec 31, 2018 | 95.00 Mn |
| Dec 31, 2018 | 95.00 Mn |
| Sep 30, 2018 | 85.00 Mn |
| Sep 30, 2018 | 85.00 Mn |
| Jun 30, 2018 | 88.00 Mn |
| Jun 30, 2018 | 88.00 Mn |
| Mar 31, 2018 | 82.00 Mn |
| Mar 31, 2018 | 82.00 Mn |
| Dec 31, 2017 | 166.00 Mn |
| Dec 31, 2017 | 166.00 Mn |
| Sep 30, 2017 | 57.00 Mn |
| Sep 30, 2017 | 57.00 Mn |
| Jun 30, 2017 | 54.00 Mn |
| Jun 30, 2017 | 54.00 Mn |
| Mar 31, 2017 | 45.00 Mn |
| Mar 31, 2017 | 45.00 Mn |
| Dec 31, 2016 | 64.00 Mn |
| Dec 31, 2016 | 64.00 Mn |
| Sep 30, 2016 | 50.00 Mn |
| Sep 30, 2016 | 50.00 Mn |
| Jun 30, 2016 | 38.00 Mn |
| Jun 30, 2016 | 38.00 Mn |
| Mar 31, 2016 | 47.00 Mn |
| Mar 31, 2016 | 47.00 Mn |
| Dec 31, 2015 | 45.00 Mn |
| Dec 31, 2015 | 45.00 Mn |
| Sep 30, 2015 | 38.00 Mn |
| Sep 30, 2015 | 38.00 Mn |
| Jun 30, 2015 | 35.00 Mn |
| Jun 30, 2015 | 35.00 Mn |
| Mar 31, 2015 | 31.00 Mn |
| Mar 31, 2015 | 31.00 Mn |
| Dec 31, 2014 | 32.00 Mn |
| Dec 31, 2014 | 32.00 Mn |
| Sep 30, 2014 | 28.00 Mn |
| Sep 30, 2014 | 28.00 Mn |
| Jun 30, 2014 | 45.00 Mn |
| Jun 30, 2014 | 45.00 Mn |
| Mar 31, 2014 | 37.00 Mn |
| Mar 31, 2014 | 37.00 Mn |
| Dec 31, 2013 | 32.00 Mn |
| Dec 31, 2013 | 32.00 Mn |
| Sep 30, 2013 | 33.00 Mn |
| Sep 30, 2013 | 33.00 Mn |
| Jun 30, 2013 | 41.00 Mn |
| Jun 30, 2013 | 41.00 Mn |
| Mar 31, 2013 | 39.00 Mn |
| Mar 31, 2013 | 39.00 Mn |
| Dec 31, 2012 | 44.00 Mn |
| Dec 31, 2012 | 44.00 Mn |
| Sep 30, 2012 | 44.00 Mn |
| Sep 30, 2012 | 44.00 Mn |
| Jun 30, 2012 | 43.00 Mn |
| Jun 30, 2012 | 43.00 Mn |
| Mar 31, 2012 | 40.00 Mn |
| Mar 31, 2012 | 40.00 Mn |
| Dec 31, 2011 | 45.00 Mn |
| Dec 31, 2011 | 45.00 Mn |
| Sep 30, 2011 | 48.00 Mn |
| Sep 30, 2011 | 48.00 Mn |
| Jun 30, 2011 | 50.00 Mn |
| Jun 30, 2011 | 50.00 Mn |
| Mar 31, 2011 | 43.00 Mn |
| Mar 31, 2011 | 43.00 Mn |
| Dec 31, 2010 | 50.00 Mn |
| Dec 31, 2010 | 50.00 Mn |
| Sep 30, 2010 | 51.00 Mn |
| Sep 30, 2010 | 51.00 Mn |
| Jun 30, 2010 | 52.00 Mn |
| Jun 30, 2010 | 52.00 Mn |
| Mar 31, 2010 | 48.00 Mn |
| Mar 31, 2010 | 48.00 Mn |
| Dec 31, 2009 | 54.00 Mn |
| Dec 31, 2009 | 54.00 Mn |
| Sep 30, 2009 | 55.00 Mn |
| Sep 30, 2009 | 55.00 Mn |
| Jun 30, 2009 | 55.00 Mn |
| Jun 30, 2009 | 55.00 Mn |
| Mar 31, 2009 | 55.00 Mn |
| Mar 31, 2009 | 55.00 Mn |