Finance ratio paper

hannet418
2.ProfitabilityAnalysisRatios.xlsx

Return on Assets

3M Co., Adjusted Return on Assets (ROA)
Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
As Reported
Net income attributable to 3M (USD $ in millions) 4,858 5,050 4,833 4,956 4,659 4,444 4,283
Total assets (USD $ in millions) 37,987 32,906 32,883 31,209 33,550 33,876 31,616
ROA 13.71% 15.35% 15.08% 15.31% 13.82% 13.57% 13.87%
Adjusted for Deferred Taxes
Net income attributable to 3M (USD $ in millions) 4,858 5,050 4,833 4,956 4,659 4,444 4,283
Total assets (USD $ in millions) 37,987 32,906 32,883 31,209 33,550 33,876 31,616
Adjusted ROA 12.79% 15.35% 14.70% 15.88% 13.89% 13.12% 13.55%

Return on Equity

3M Co., Adjusted Return on Equity (ROE)
Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
As Reported
Net income attributable to 3M (USD $ in millions) 4,858 5,050 4,833 4,956 4,659 4,444 4,283
Total 3M Company shareholders' equity (USD $ in millions) 11,563 10,298 11,429 13,109 17,502 17,575 15,420
ROE 46.49% 39.39% 32.38% 26.56% 26.94% 27.56% 28.74%
Adjusted for Deferred Taxes
Adjusted net income attributable to 3M (USD $ in millions) 4,858 5,050 4,833 4,956 4,659 4,444 4,283
Adjusted total 3M Company shareholders' equity (USD $ in millions) 11,563 10,298 11,429 13,109 17,502 17,575 15,420
Adjusted ROE 42.01% 49.04% 42.29% 37.81% 26.62% 25.29% 27.78%

Net Profit Margin

3M Co., Adjusted Net Profit Margin
Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010 Dec 31, 2009
As Reported
Net income attributable to 3M (USD $ in millions) 4,858 5,050 4,833 4,956 4,659 4,444 4,283 4,085 3,193
Net sales (USD $ in millions) 31,657 30,109 30,274 31,821 30,871 29,904 29,611
Net profit margin 13.71% 15.35% 15.08% 15.31% 13.82% 13.57% 13.87%
Adjusted for Deferred Taxes
Adjusted net income attributable to 3M (USD $ in millions) 5,111 5,045 4,810 4,765 4,560 4,444 4,283 4,085 3,193
Net sales (USD $ in millions) 31,657 30,109 30,274 31,821 30,871 29,904 29,611
Adjusted net profit margin 16.14% 16.76% 15.89% 14.97% 14.77% 14.86% 14.46%