3m co. - MMM

MMM

Close Chg Chg %
139.71 -12.78 -9.15%

Closed Market

126.93

-12.78 (9.15%)

Volume: 9.61M

Last Updated:

Apr 4, 2025, 3:59 PM EDT

Company Overview: 3m co. - MMM

MMM Key Data

Open

$134.58

Day Range

126.47 - 135.31

52 Week Range

89.54 - 156.35

Market Cap

$75.36B

Shares Outstanding

539.32M

Public Float

538.78M

Beta

0.99

Rev. Per Employee

N/A

P/E Ratio

18.50

EPS

$7.57

Yield

202.52%

Dividend

$0.73

EX-DIVIDEND DATE

Feb 14, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

4.36M

 

MMM Performance

1 Week
 
-12.38%
 
1 Month
 
-13.25%
 
3 Months
 
-2.28%
 
1 Year
 
39.42%
 
5 Years
 
12.29%
 

MMM Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 20
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 24.58B
Industry Industrial Conglomerates Net Income 4.17B
Sector Producer Manufacturing Employees 61,500
Fiscal Year-end 12 / 2025
View SEC Filings

MMM Valuation

P/E Current 18.498
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 17.088
Price to Sales Ratio 2.902
Price to Book Ratio 18.126
Price to Cash Flow Ratio 39.203
Enterprise Value to EBITDA 12.558
Enterprise Value to Sales 3.145
Total Debt to Enterprise Value 0.177

MMM Efficiency

Revenue/Employee 399,593.496
Income Per Employee 67,853.659
Receivables Turnover 7.694
Total Asset Turnover 0.543

MMM Liquidity

Current Ratio 1.411
Quick Ratio 1.083
Cash Ratio 0.687

MMM Profitability

Gross Margin 41.017
Operating Margin 20.065
Pretax Margin 19.609
Net Margin 16.981
Return on Assets 8.865
Return on Equity 92.704
Return on Total Capital 22.907
Return on Invested Capital 23.646

MMM Capital Structure

Total Debt to Total Equity 355.518
Total Debt to Total Capital 78.047
Total Debt to Total Assets 34.261
Long-Term Debt to Equity 301.327
Long-Term Debt to Total Capital 66.151
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for 3m Co. - MMM

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
35.35B 34.23B 32.68B 24.57B
Sales Growth
+9.85% -3.18% -4.52% -24.80%
Cost of Goods Sold (COGS) incl D&A
18.74B 19.26B 18.52B 14.49B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
1.92B 1.83B 1.99B 1.22B
Depreciation
1.39B 1.33B 1.50B 1.12B
Amortization of Intangibles
529.00M 498.00M 482.00M 108.00M
COGS Growth
+13.02% +2.77% -3.86% -21.73%
Gross Income
16.61B 14.97B 14.16B 10.08B
Gross Income Growth
+6.49% -9.91% -5.37% -28.82%
Gross Profit Margin
+46.99% +43.72% +43.33% +41.02%
2021 2022 2023 2024 5-year trend
SG&A Expense
9.09B 10.89B 8.53B 5.15B
Research & Development
1.98B 1.86B 1.81B 1.07B
Other SG&A
7.11B 9.04B 6.72B 4.08B
SGA Growth
+5.09% +19.89% -21.67% -39.65%
Other Operating Expense
- - - -
-
Unusual Expense
141.00M 320.00M 15.01B (1.26B)
EBIT after Unusual Expense
7.38B 3.75B (9.38B) 6.19B
Non Operating Income/Expense
276.00M 3.14B 649.00M (189.00M)
Non-Operating Interest Income
26.00M 67.00M 253.00M 452.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
457.00M 498.00M 954.00M 1.18B
Interest Expense Growth
-18.83% +8.97% +91.57% +23.90%
Gross Interest Expense
457.00M 498.00M 954.00M 1.18B
Interest Capitalized
- - - -
-
Pretax Income
7.20B 6.39B (9.69B) 4.82B
Pretax Income Growth
+7.35% -11.27% -251.56% +149.74%
Pretax Margin
+20.38% +18.67% -29.64% +19.61%
Income Tax
1.28B 612.00M (2.69B) 804.00M
Income Tax - Current - Domestic
860.00M 681.00M 454.00M (81.00M)
Income Tax - Current - Foreign
597.00M 621.00M 679.00M 583.00M
Income Tax - Deferred - Domestic
(244.00M) (688.00M) (3.58B) 329.00M
Income Tax - Deferred - Foreign
72.00M (2.00M) (246.00M) (27.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
5.93B 5.79B (6.98B) 4.02B
Minority Interest Expense
8.00M 14.00M 16.00M 15.00M
Net Income
5.92B 5.78B (7.00B) 4.01B
Net Income Growth
+9.97% -2.43% -221.08% +157.31%
Net Margin Growth
+16.75% +16.88% -21.40% +16.31%
Extraordinaries & Discontinued Operations
- - - 164.00M
-
Discontinued Operations
- - - 164.00M
-
Net Income After Extraordinaries
5.92B 5.78B (7.00B) 4.17B
Preferred Dividends
- - - -
-
Net Income Available to Common
5.92B 5.78B (7.00B) 4.17B
EPS (Basic)
10.2262 10.2067 -12.6286 7.5762
EPS (Basic) Growth
+9.71% -0.19% -223.73% +159.99%
Basic Shares Outstanding
579.00M 566.00M 553.90M 550.80M
EPS (Diluted)
10.1162 10.1779 -12.6286 7.5543
EPS (Diluted) Growth
+9.39% +0.61% -224.08% +159.82%
Diluted Shares Outstanding
585.30M 567.60M 553.90M 552.40M
EBITDA
9.44B 5.90B 7.62B 6.16B
EBITDA Growth
+6.50% -37.46% +29.01% -19.19%
EBITDA Margin
+26.70% +17.25% +23.31% +25.05%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 161.067
Number of Ratings 20 Current Quarters Estimate 2.058
FY Report Date 06 / 2025 Current Year's Estimate 7.795
Last Quarter’s Earnings 1.756 Median PE on CY Estimate N/A
Year Ago Earnings 7.30 Next Fiscal Year Estimate 8.514
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 12 12 15 15
Mean Estimate 2.06 2.12 7.80 8.51
High Estimates 2.18 2.20 7.93 8.93
Low Estimate 2.00 1.96 7.70 8.10
Coefficient of Variance 2.64 2.94 0.83 2.38

Analysts Recommendations

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

Insider Actions for 3m Co. - MMM

Date Name Shares Transaction Value
Feb 19, 2025 Zoe Dickson EVP & Chief HR Officer 4,504 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $98.44 per share 443,373.76
Feb 19, 2025 Isaac Rodriguez-Chavez Group President 9,501 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 $149.84 per share 1,423,629.84
Feb 19, 2025 Isaac Rodriguez-Chavez Group President 10,609 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $149.87 per share 1,589,970.83
Feb 19, 2025 Isaac Rodriguez-Chavez Group President N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 19, 2025 Zoe Dickson EVP & Chief HR Officer 984 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 6, 2025 Michael F. Roman Chairman of the Board; Director 192,408 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 0.00
Feb 6, 2025 Mark W. Murphy EVP & Chief Info Digital Off 4,448 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 0.00
Feb 6, 2025 Mark W. Murphy EVP & Chief Info Digital Off 5,443 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 6, 2025 Kevin H. Rhodes EVP, Chief Legal Off & Secret 8,874 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 0.00
Feb 6, 2025 Kevin H. Rhodes EVP, Chief Legal Off & Secret 10,113 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 6, 2025 John Patrick Banovetz Executive Vice President 31,285 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 6, 2025 John Patrick Banovetz Executive Vice President 31,180 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 0.00
Feb 6, 2025 Theresa E. Reinseth Sr Vice President & CAO 858 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 6, 2025 Christian T Jr Goralski Group President 2,687 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 6, 2025 Michael F. Roman Chairman of the Board; Director 201,997 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 6, 2025 Peter D. Gibbons Group President 6,697 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 0.00
Feb 6, 2025 Peter D. Gibbons Group President 9,330 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 6, 2025 Theresa E. Reinseth Sr Vice President & CAO 4,161 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 0.00
Feb 6, 2025 Christian T Jr Goralski Group President 2,276 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 0.00
Jul 3, 2024 Wendy A Bauer Group President 15,903 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

3m Co. in the News

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.