3m co. - MMM

MMM

Close Chg Chg %
127.31 1.12 0.88%

Closed Market

128.42

+1.12 (0.88%)

Volume: 3.05M

Last Updated:

Nov 22, 2024, 3:59 PM EDT

Company Overview: 3m co. - MMM

MMM Key Data

Open

$127.64

Day Range

126.37 - 128.48

52 Week Range

76.43 - 141.34

Market Cap

$69.33B

Shares Outstanding

544.56M

Public Float

544.05M

Beta

0.94

Rev. Per Employee

N/A

P/E Ratio

16.08

EPS

$7.94

Yield

346.37%

Dividend

$0.70

EX-DIVIDEND DATE

Nov 15, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

3.49M

 

MMM Performance

1 Week
 
-1.06%
 
1 Month
 
2.94%
 
3 Months
 
-1.63%
 
1 Year
 
58.43%
 
5 Years
 
-9.30%
 

MMM Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 19
Full Ratings ➔

About 3m co. - MMM

3M Co. is a technology company, which manufactures industrial, safety, and consumer products. It operates through the following segments: Safety and Industrial, Transportation and Electronics, Health Care, Consumer, and Corporate and Unallocated. The Safety and Industrial segment consists of personal safety, industrial adhesives and tapes, abrasives, closure and masking systems, electrical markets, automotive aftermarket, and roofing granules. The Transportation and Electronics segment includes electronics, automotive and aerospace, commercial solutions, advanced materials, and transportation safety. The Health Care segment offers medical and surgical supplies, skin health and infection prevention products, oral care solutions, separation and purification sciences, health information systems, inhalation and transdermal drug delivery systems, and food safety products. The Consumer segment covers consumer healthcare, home care, home improvement, and stationery and office products, such as consumer bandages, braces, supports, respirators, cleaning products, retail abrasives, picture hanging, and consumer air quality solutions. The Corporate and Unallocated segment refers to special items and other corporate expense-net. The company was founded by Henry S. Bryan, Hermon W. Cable, John Dwan, William A. McGonagle, and J. Danley Budd in 1902 and is headquartered in St. Paul, MN.

MMM At a Glance

3M Co.
3M Center
St. Paul, Minnesota 55144-1000
Phone 1-651-733-1110 Revenue 32.68B
Industry Industrial Conglomerates Net Income -6,995,000,000.00
Sector Producer Manufacturing Employees 85,000
Fiscal Year-end 12 / 2024
View SEC Filings

MMM Valuation

P/E Current 16.082
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 1.853
Price to Book Ratio 12.567
Price to Cash Flow Ratio 9.065
Enterprise Value to EBITDA 9.384
Enterprise Value to Sales 2.187
Total Debt to Enterprise Value 0.236

MMM Efficiency

Revenue/Employee 384,482.353
Income Per Employee -82,294.118
Receivables Turnover 6.88
Total Asset Turnover 0.674

MMM Liquidity

Current Ratio 1.071
Quick Ratio 0.756
Cash Ratio 0.391

MMM Profitability

Gross Margin 43.334
Operating Margin 17.227
Pretax Margin -29.644
Net Margin -21.404
Return on Assets -14.417
Return on Equity -71.637
Return on Total Capital -32.293
Return on Invested Capital -29.227

MMM Capital Structure

Total Debt to Total Equity 350.614
Total Debt to Total Capital 77.808
Total Debt to Total Assets 33.321
Long-Term Debt to Equity 284.627
Long-Term Debt to Total Capital 63.164
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for 3m Co. - MMM

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
32.18B 35.35B 34.23B 32.68B
Sales Growth
+0.15% +9.85% -3.18% -4.52%
Cost of Goods Sold (COGS) incl D&A
16.58B 18.74B 19.26B 18.52B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
1.91B 1.92B 1.83B 1.99B
Depreciation
1.37B 1.39B 1.33B 1.50B
Amortization of Intangibles
537.00M 529.00M 498.00M 482.00M
COGS Growth
-1.46% +13.02% +2.77% -3.86%
Gross Income
15.60B 16.61B 14.97B 14.16B
Gross Income Growth
+1.92% +6.49% -9.91% -5.37%
Gross Profit Margin
+48.47% +46.99% +43.72% +43.33%
2020 2021 2022 2023 5-year trend
SG&A Expense
8.65B 9.09B 10.89B 8.53B
Research & Development
1.86B 1.98B 1.86B 1.81B
Other SG&A
6.78B 7.11B 9.04B 6.72B
SGA Growth
+3.77% +5.09% +19.89% -21.67%
Other Operating Expense
- - - -
-
Unusual Expense
219.00M 141.00M 320.00M 15.01B
EBIT after Unusual Expense
6.74B 7.38B 3.75B (9.38B)
Non Operating Income/Expense
539.00M 276.00M 3.14B 649.00M
Non-Operating Interest Income
29.00M 26.00M 67.00M 253.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
563.00M 457.00M 498.00M 954.00M
Interest Expense Growth
+30.63% -18.83% +8.97% +91.57%
Gross Interest Expense
563.00M 457.00M 498.00M 954.00M
Interest Capitalized
- - - -
-
Pretax Income
6.71B 7.20B 6.39B (9.69B)
Pretax Income Growth
+17.49% +7.35% -11.27% -251.56%
Pretax Margin
+20.85% +20.38% +18.67% -29.64%
Income Tax
1.32B 1.28B 612.00M (2.69B)
Income Tax - Current - Domestic
843.00M 860.00M 681.00M 454.00M
Income Tax - Current - Foreign
633.00M 597.00M 621.00M 679.00M
Income Tax - Deferred - Domestic
(79.00M) (244.00M) (688.00M) (3.58B)
Income Tax - Deferred - Foreign
(79.00M) 72.00M (2.00M) (246.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
5.39B 5.93B 5.79B (6.98B)
Minority Interest Expense
4.00M 8.00M 14.00M 16.00M
Net Income
5.38B 5.92B 5.78B (7.00B)
Net Income Growth
+17.81% +9.97% -2.43% -221.08%
Net Margin Growth
+16.73% +16.75% +16.88% -21.40%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
5.38B 5.92B 5.78B (7.00B)
Preferred Dividends
- - - -
-
Net Income Available to Common
5.38B 5.92B 5.78B (7.00B)
EPS (Basic)
9.3213 10.2262 10.2067 -12.6286
EPS (Basic) Growth
+17.69% +9.71% -0.19% -223.73%
Basic Shares Outstanding
577.60M 579.00M 566.00M 553.90M
EPS (Diluted)
9.2477 10.1162 10.1779 -12.6286
EPS (Diluted) Growth
+18.40% +9.39% +0.61% -224.08%
Diluted Shares Outstanding
582.20M 585.30M 567.60M 553.90M
EBITDA
8.87B 9.44B 5.90B 7.62B
EBITDA Growth
+3.48% +6.50% -37.46% +29.01%
EBITDA Margin
+27.54% +26.70% +17.25% +23.31%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 152.667
Number of Ratings 19 Current Quarters Estimate 1.677
FY Report Date 12 / 2024 Current Year's Estimate 7.348
Last Quarter’s Earnings 1.98 Median PE on CY Estimate N/A
Year Ago Earnings 7.725 Next Fiscal Year Estimate 7.933
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 14 7 15 15
Mean Estimate 1.68 1.92 7.35 7.93
High Estimates 1.76 2.04 7.95 8.36
Low Estimate 1.63 1.83 7.25 7.74
Coefficient of Variance 2.27 4.13 2.34 2.02

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 8 7 6
OVERWEIGHT 3 3 2
HOLD 5 7 10
UNDERWEIGHT 1 1 0
SELL 2 2 1
MEAN Overweight Overweight Overweight

Insider Actions for 3m Co. - MMM

Date Name Shares Transaction Value
Jul 3, 2024 Wendy A Bauer Group President 15,903 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Isaac Rodriguez-Chavez Group President N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 3, 2024 Isaac Rodriguez-Chavez Group President 5,678 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $100.61 per share 571,263.58
Jul 3, 2024 Isaac Rodriguez-Chavez Group President 5,153 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $100.61 per share 518,443.33
Jul 3, 2024 Wendy A Bauer Group President 9,103 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 16, 2024 Gregory R. Page Director 13,867 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $99.63 per share 1,381,569.21
May 16, 2024 Anne H. Chow Director 1,957 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $99.63 per share 194,975.91
May 16, 2024 Suzan Kereere Director 3,765 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $99.63 per share 375,106.95
May 16, 2024 Audrey Choi Director 3,346 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $99.63 per share 333,361.98
May 16, 2024 Amy E. Hood Director 10,227 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $99.63 per share 1,018,916.01
May 16, 2024 Thomas K. Brown Director 14,396 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $99.63 per share 1,434,273.48
May 16, 2024 Thomas W. Sweet Director 2,987 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $99.63 per share 297,594.81
May 16, 2024 Pedro J. Pizarro Director 4,306 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $99.63 per share 429,006.78
May 16, 2024 David B. Dillon Director 12,777 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $99.63 per share 1,272,972.51
May 16, 2024 James R. Fitterling Director 11,412 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $99.63 per share 1,136,977.56
May 15, 2024 Monish Patolawala President and CFO 30,131 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 15, 2024 Theresa E. Reinseth Senior Vice President/CAO 5,749 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 7, 2024 Michael F. Roman Chairman of the Board; Director 316,644 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 7, 2024 Victoria Clarke EVP & Chief Public Affairs Off 18,014 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 7, 2024 William M. Brown Chief Executive Officer 211,096 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

3m Co. in the News

Markets

3M loses first trial over military earplugs

3M Co. lost the first lawsuit to go to trial over the safety of earplugs it sold for years to the military, with a federal jury Friday awarding $7.1 million to three veterans and finding the company failed to warn about defects in the product.