Annual Revenue Comparison: 3M Company vs Xylem Inc.

3M vs. Xylem: A Decade of Revenue Dynamics

__timestamp3M CompanyXylem Inc.
Wednesday, January 1, 2014318210000003916000000
Thursday, January 1, 2015302740000003653000000
Friday, January 1, 2016301090000003771000000
Sunday, January 1, 2017316570000004707000000
Monday, January 1, 2018327650000005207000000
Tuesday, January 1, 2019321360000005249000000
Wednesday, January 1, 2020321840000004876000000
Friday, January 1, 2021353550000005195000000
Saturday, January 1, 2022342290000005522000000
Sunday, January 1, 2023326810000007364000000
Monday, January 1, 202424575000000
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Infusing magic into the data realm

A Tale of Two Giants: 3M Company vs. Xylem Inc.

In the ever-evolving landscape of industrial innovation, 3M Company and Xylem Inc. stand as titans, each carving its niche in the global market. Over the past decade, 3M has consistently demonstrated its prowess, with annual revenues peaking at approximately $35 billion in 2021. However, recent trends indicate a slight decline, with 2023 revenues dropping to around $33 billion, a 6% decrease from its peak.

Conversely, Xylem Inc., a leader in water technology, has shown remarkable growth. From 2014 to 2023, Xylem's revenue surged by nearly 88%, reaching over $7 billion in 2023. This growth underscores the increasing global emphasis on sustainable water solutions.

While 3M's revenue trajectory shows signs of stabilization, Xylem's upward trend highlights its expanding influence in the water sector. The data for 2024 remains incomplete, leaving room for speculation on future market dynamics.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025