Sep 24, 2020
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Which Of 3M’s 26 Business Lines Makes The Most Money?

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BRAZIL – 2019/03/10: During this photo illustration a 3M Company logo seen displayed on a smartphone. . [+] LIGHTROCKET VIA GETTY IMAGES 3M (NYSE: MMM) is among the most diversified industrial conglomerates in the US dispensing greater than 55 000 products. The corporate manages this massive number of products under 26 business lines which it groups into five business segments

 

Trefis details how much in revenues each of 3M s 26 business lines contributes to the corporate s top line in an interactive dashboard parts of which we highlight below. 3M s Revenues were $32. 8 Bil in 2018 and the only largest of its 26 business lines is its Adhesives and Tapes business – which brought in $4

 

3 Bil in revenues (~13% of total revenues in 2018). A Quick Overview At 3M s Revenues 3M Primarily has five revenue streams: Industrial Business: This segment serves a broad range of markets with products including vinyl polyester foil and specialty industrial tapes and adhesives. Safety and Graphics Business: This segment derives revenue by providing products that increase the safety and productivity of folks facilities and systems
Consumer Business: The Consumer segment offers products including office supply products stationery products home care products and consumer health care products

 

Healthcare Business: Health Care segment sells medical tapes dressings wound closure product as well as surgical drapes masks and preps electrodes and stethoscopes
Electronics and Energy Business: 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 which includes cellular phones and tablets notebook PCs and automotive displays

 

We expect 3M to report $32. 4 Billion in revenues for full-year 2019 with revenues for its five reporting segments being: PROMOTED Civic Nation BRANDVOICE | Paid Program
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3 Billion (38%)
Safety and Graphics Business: $4. 1 Billion (29%)
Health Care Business: $3. 3 Billion (23%)
Electronics and Energy Business: $12. 94 Billion (9. 5%)
Consumer Business: $0. 1 Billion (0. 5%) Delving Deeper Into 3M s Revenues By Business Line: Industrial Business Revenue: Industrial business segment is the very best contributor amongst all of the other segments

 

Revenue from the Industrial Business segment increased by 3. 4% from $11 Billion in 2017 to $11. 4 Billion to 2018. We expect it to say no by 4% in 2019 to $10. 9 Billion. Its share of total revenues have hovered around the range of 33%-35% for the last three years and we believe it’s going to remain within this range in 2019

 

Its sub-divisions with our forecast for revenues in 2019 are as follows: Adhesives and Tapes $4. 1 Billion (37. 6%)
Automotive and Aerospace $1. 8 Billion (16. 8%)
Automotive Aftermarket $1. 5 Billion (13. 4%)
Abrasives $1. 6 Billion (14. 7%)
Advanced Materials $1. 1 Billion (10. 1%)
Separation and Purification $0. 8 Billion (7. 4%) TREFIS Adhesive & Tapesdhesive and Tape is the most significant contributor to the overall revenue

 

Revenue from Adhesive & Tapes increased by 3. 1% from $4. 1 Billion in 2017 to $4. 3 Billion in 2018 but is more likely to decrease by 4% to $4. 1 Billion in 2019. It is predicted to form 37. 6 % of the entire revenue of the economic business segment and 12. 7% of the entire revenue in 2019

 

Data around trends in revenues for 3M s Adhesive & Tapes division with the corresponding reporting divisions for competitors Henkel and Illinois Tools Works are available in our interactive dashboard. Safety & Graphics Business Revenue: Revenue from Safety & Graphics segment increased 9% from $5. 8 Billion in 2017 to $6. 3 Billion to 2018 but is predicted to say no by 2% in 2019 to $6

 

2 Billion. Its share in revenue has hovered around the range of 18%-20% for the last three years. Health Care Business Revenue: Revenue from the Health Care segment increased by 2. 9% from $5. 4 Billion in 2017 to $5. 6 Billion to 2018 and is predicted to increase by 4% in 2019 to $5

 

8 Billion. Its share in revenue is hovering around the range of 17%-18% for the last three years. Additional information regarding revenues for 3M s Electronic & Energy Business and Consumer Business segments are available in our interactive dashboard. See all Trefis Price Estimates and Download Trefis Data here What s behind Trefis? See How It s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product R&D and Marketing Teams

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