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| 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 |