3M (MMM) Interest Expenses (2009 - 2021)

3M's (MMM) quarterly Interest Expenses came in at $121.0 million in Q2 2021, down 11.68% year-on-year from $137.0 million in Q2 2020, and down 8.33% quarter-over-quarter from $132.0 million in Q1 2021.

3M (MMM) Interest Expenses (2009 - 2021) Analysis & Trends

3M has disclosed Interest Expenses across 13 years of filings, most recently posting $121.0 million for Q2 2021.

  • Interest Expenses for Q2 2021 came in at $121.0 million, down 11.68% year-over-year; the trailing twelve-month figure through Mar 2022 was $121.0 million (down 77.51% YoY), and the FY2020 annual result 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.
  • The 5-year median for Interest Expenses is $110.0 million (2019), against an average of $105.7 million.
  • Across the five-year window, Interest Expenses soared 159.38% in 2017 and plunged 42.77% in 2018, its largest moves.
  • 3M's Interest Expenses stood at $166.0 million in 2017, then slumped by 42.77% to $95.0 million in 2018, then surged by 30.53% to $124.0 million in 2019, then gained by 13.71% to $141.0 million in 2020, then fell by 14.18% to $121.0 million in 2021.
  • The last three Interest Expenses figures came in at $121.0 million (Q2 2021), $132.0 million (Q1 2021), and $141.0 million (Q4 2020), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Pampa Energy 1,836.33 Bn 900.18 Bn 109.00 Mn -9.00 Mn
2 Honeywell International 145.45 Bn 134.13 Bn 3.54 Bn 356.00 Mn
3 3M 85.14 Bn 81.04 Bn 2.46 Bn -
4 Valmont Industries 11.12 Bn 10.97 Bn 316.88 Mn 9.41 Mn
5 Seaboard 4.59 Bn 3.45 Bn 217.00 Mn 10.00 Mn
6 Otter Tail 3.66 Bn 3.25 Bn 239.49 Mn 12.64 Mn
7 Tetra Technologies 1.37 Bn 1.37 Bn 38.23 Mn 3.24 Mn
8 Deluxe 1.04 Bn 1.01 Bn 279.40 Mn 27.70 Mn
9 Matthews International 826.85 Mn 790.76 Mn 101.98 Mn 10.04 Mn
10 Compass Diversified Holdings 760.64 Mn 828.28 Mn 189.36 Mn -

Historic Data

Download Data
DateValue
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