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MMM

MMM - 3M Co Stock Price, Fair Value and News

91.14USD+0.10 (+0.11%)Delayed as of 17 Apr 2024, 02:18 pm ET

Market Summary

MMM
USD91.14+0.10
Delayedas of 17 Apr 2024, 02:18 pm
0.11%

MMM Stock Price

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MMM RSI Chart

MMM Valuation

Market Cap

50.3B

Price/Earnings (Trailing)

-7.19

Price/Sales (Trailing)

1.54

EV/EBITDA

-8.5

Price/Free Cashflow

9.93

MMM Price/Sales (Trailing)

MMM Profitability

Operating Margin

43.46%

EBT Margin

-29.64%

Return on Equity

-145.52%

Return on Assets

-13.83%

Free Cashflow Yield

10.07%

MMM Fundamentals

MMM Revenue

Revenue (TTM)

32.7B

Rev. Growth (Yr)

-0.82%

Rev. Growth (Qtr)

-3.6%

MMM Earnings

Earnings (TTM)

-7.0B

Earnings Growth (Yr)

74.68%

Earnings Growth (Qtr)

145.54%

Breaking Down MMM Revenue

52 Week Range

86.55113.14
(Low)(High)

Last 7 days

-1.7%

Last 30 days

-13.3%

Last 90 days

-14.2%

Trailing 12 Months

-14.7%

How does MMM drawdown profile look like?

MMM Financial Health

Current Ratio

1.07

Debt/Equity

2.72

Debt/Cashflow

0.51

MMM Investor Care

Dividend Yield

6.59%

Dividend/Share (TTM)

6

Shares Dilution (1Y)

0.40%

Diluted EPS (TTM)

-12.63

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202333.4B33.1B32.7B32.7B
202235.3B35.1B34.8B34.2B
202133.0B34.7B35.3B35.4B
202032.3B31.4B31.7B32.2B
201932.4B32.1B32.0B32.1B
201832.3B32.8B32.8B32.8B
201730.4B30.5B31.0B31.7B
201630.1B30.1B30.1B30.1B
201531.6B31.1B30.7B30.3B
201431.1B31.4B31.7B31.8B
201330.1B30.3B30.7B30.9B
201229.8B29.6B29.6B29.9B
201127.6B28.6B29.2B29.6B
201024.4B25.4B26.1B26.7B
200923.9B22.9B22.5B23.1B
2008024.7B25.0B25.3B
200700024.5B
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Tracking the Latest Insider Buys and Sells of 3M Co

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 14, 2024
chavez rodriguez beatriz karina
sold
-39,329
92.3231
-426
group president
Feb 05, 2024
patolawala monish d
acquired
-
-
10,196
president and cfo
Feb 05, 2024
reinseth theresa e
sold (taxes)
-
-
-171
senior vice president/cao
Feb 05, 2024
rhodes kevin h
acquired
-
-
714
evp & chief legal officer
Feb 05, 2024
chavez rodriguez beatriz karina
acquired
-
-
476
group president
Feb 05, 2024
patolawala monish d
sold (taxes)
-
-
-4,089
president and cfo
Feb 05, 2024
goralski christian t jr
acquired
-
-
713
group president
Feb 05, 2024
rhodes kevin h
sold (taxes)
-
-
-157
evp & chief legal officer
Feb 05, 2024
dickson zoe l
sold (taxes)
-
-
-203
evp & chief hr officer
Feb 05, 2024
banovetz john patrick
sold (taxes)
-
-
-118
executive vice president

1–10 of 50

Which funds bought or sold MMM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 15, 2024
Affiance Financial, LLC
reduced
-0.35
-38,751
1,131,530
0.31%
Apr 15, 2024
MKT Advisors LLC
sold off
-100
-226,687
-
-%
Apr 15, 2024
Wealth Alliance Advisory Group, LLC
reduced
-1.3
-23,864
539,790
0.12%
Apr 15, 2024
Pallas Capital Advisors LLC
new
-
639,072
639,072
0.03%
Apr 15, 2024
Wealthcare Advisory Partners LLC
added
20.69
247,741
1,695,880
0.06%
Apr 15, 2024
Cardinal Capital Management
added
16.8
595,517
5,064,730
0.82%
Apr 15, 2024
Procyon Advisors, LLC
reduced
-18.42
-70,393
267,296
0.02%
Apr 15, 2024
Chicago Capital, LLC
added
6.43
16,663
526,531
0.02%
Apr 15, 2024
ASPIRIANT, LLC
reduced
-1.79
-51,763
1,047,150
0.04%
Apr 15, 2024
KINGSWOOD WEALTH ADVISORS, LLC
added
23.6
131,674
792,299
0.09%

1–10 of 49

Are Funds Buying or Selling MMM?

Are funds buying MMM calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MMM
No. of Funds

Unveiling 3M Co's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
8.89%
49,080,209
SC 13G/A
Jan 29, 2024
state street corp
6.49%
35,839,898
SC 13G/A
Jan 26, 2024
blackrock inc.
7.6%
41,867,008
SC 13G/A
Feb 09, 2023
vanguard group inc
8.48%
46,872,159
SC 13G/A
Feb 07, 2023
blackrock inc.
7.7%
42,491,138
SC 13G/A
Feb 06, 2023
state street corp
6.04%
33,382,422
SC 13G/A
Feb 09, 2022
state street corp
5.38%
30,984,983
SC 13G/A
Feb 09, 2022
vanguard group inc
8.72%
50,240,763
SC 13G/A
Feb 01, 2022
blackrock inc.
7.3%
41,810,186
SC 13G/A
Feb 10, 2021
vanguard group inc
7.81%
45,041,350
SC 13G/A

Recent SEC filings of 3M Co

View All Filings
Date Filed Form Type Document
Apr 04, 2024
8-K
Current Report
Apr 04, 2024
8-K
Current Report
Apr 03, 2024
4
Insider Trading
Mar 29, 2024
DEFA14A
DEFA14A
Mar 27, 2024
ARS
ARS
Mar 27, 2024
DEF 14A
DEF 14A
Mar 27, 2024
DEFA14A
DEFA14A
Mar 26, 2024
4
Insider Trading
Mar 13, 2024
3
Insider Trading
Mar 12, 2024
8-K
Current Report

Peers (Alternatives to 3M Co)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
124.4B
36.7B
-3.52% -3.60%
21.98
3.39
3.37% 13.93%
50.3B
32.7B
-13.30% -14.74%
-7.19
1.54
-4.52% -221.08%
MID-CAP
4.8B
4.8B
5.07% -21.17%
11.6
1
4.67% 12.85%
3.4B
2.7B
-5.47% 116.67%
47.7
1.27
-7.82% 143.84%
3.0B
9.6B
-2.72% -20.30%
13.26
0.31
-14.95% -61.00%
2.3B
6.1B
0.44% 30.98%
8.49
0.38
-17.09% -15.90%
SMALL-CAP
1.7B
2.1B
-4.75% 16.46%
6.86
0.82
2.48% 576.85%
802.6M
1.9B
-9.29% -30.74%
24.11
0.43
6.12% 143.63%
775.7M
1.9B
-6.40% -8.73%
5.15
0.41
25.43% -26.41%
187.3M
489.3M
-19.79% 231.30%
-3.74
0.38
-1.90% -92.16%
152.2M
263.2M
-17.55% 54.60%
9.04
0.58
-7.53% -19.43%

3M Co News

Latest updates
Defense World • 10 hours ago
MarketWatch • 12 Apr 2024 • 08:31 pm
MarketWatch • 11 Apr 2024 • 08:31 pm
Yahoo Finance • 14 Mar 2024 • 07:00 am
Yahoo Finance • 27 Feb 2024 • 08:00 am
CNN • 2 months ago

3M Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-3.6%8,0138,3128,3258,0318,0798,6198,7028,8298,6128,9428,9508,8518,5838,3507,1768,0758,1117,9918,1717,8637,945
Cost Of Revenue2.1%4,6784,5804,6064,6134,5854,7285,0934,8264,6984,8534,7194,5254,3884,3033,8054,1094,3254,1884,3134,3104,060
Costs and Expenses-38.3%6,77010,96617,2836,7907,4474,4638,5927,1886,9967,1546,9796,8576,7346,4415,4366,4126,7865,9806,4696,7276,162
  S&GA Expenses-72.9%1,6255,99212,2041,7052,1461,9983,0231,8821,8241,8191,7461,8081,8901,6771,5941,7681,9401,4551,6861,9481,682
EBITDA Margin9.6%-0.21*-0.23*-0.02*0.25*0.25*0.28*0.21*0.26*0.27*0.28*0.28*0.29*0.29*0.27*0.27*0.26*0.24*0.25*0.25*--
Interest Expenses22.0%37130414412311510612811311811712113214112813712312410911110495.00
Income Taxes108.2%64.00-781-2,18421062.00271-23.00302227324415319321391347278226378315195371
Earnings Before Taxes135.0%1,000-2,854-9,0231,1895974,13260.001,6031,5641,7571,9381,9451,7311,8261,6501,5881,1431,9661,4461,0881,720
EBT Margin3.8%-0.30*-0.31*-0.09*0.18*0.19*0.21*0.14*0.19*0.20*0.21*0.21*0.22*0.21*0.20*0.20*0.19*0.18*0.19*0.19*--
Net Income145.5%945-2,075-6,8419765413,85978.001,2991,3391,4341,5241,6241,3891,4301,3061,3089691,5831,1278911,347
Net Income Margin5.3%-0.21*-0.23*-0.04*0.16*0.17*0.19*0.12*0.16*0.17*0.17*0.17*0.17*0.17*0.16*0.16*0.15*0.14*0.15*0.15*--
Free Cashflow8.2%1,6281,5051,1328001,4161,0967435871,4491,5311,4931,3782,0932,1121,5268811,8001,6731,241--
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets1.9%50,58049,62148,88046,88646,45546,17645,63445,85547,07248,27848,30747,18047,34445,39045,07946,21244,65942,55038,96939,14036,500
  Current Assets1.1%16,37916,19815,75414,96314,68814,89514,51414,45215,40316,42616,34315,34514,98214,11014,10615,09012,97118,02014,05114,37413,709
    Cash Equivalents15.4%5,9335,1404,2583,8243,6553,4042,7223,2474,564---4,634----7,7312,8492,9382,853
  Inventory-4.8%4,8225,0655,2805,3065,3725,6155,6455,2904,9854,9504,8424,4584,2393,9844,1684,2174,1344,0074,3004,5384,366
  Net PPE1.7%9,1599,0049,2119,2479,1789,1969,3199,3899,4299,3239,3589,2409,4219,2169,0899,1659,3338,8918,9988,8298,738
  Goodwill1.6%12,92712,72112,86912,85512,79012,66913,06413,36813,48613,59713,72213,65413,80213,53513,36013,31213,44410,41010,57410,61110,051
Liabilities1.8%45,71244,89041,02331,53531,68532,02031,81830,85131,95533,74833,79133,35234,41333,44734,16436,00334,53331,78628,82729,38326,652
  Current Liabilities-1.1%15,29715,46610,93610,5569,5239,5439,8969,1529,0359,6359,4408,3637,9487,4107,2829,1349,2227,8217,2657,1257,244
  Long Term Debt1.6%13,08812,87612,95412,94814,00113,84914,01914,80116,05616,19316,26716,81917,98918,42919,27619,24717,51817,47914,91415,58013,411
    LT Debt, Non Current1.6%13,08812,87612,95412,94814,00113,84914,01914,80116,05616,19316,26716,81917,98918,42919,27619,24717,51817,47914,91415,58013,411
Shareholder's Equity2.9%4,8074,6727,85715,35114,72214,15613,81615,00415,11714,53014,51613,82812,93111,95910,92510,21410,12610,76410,1429,7579,848
  Retained Earnings0.3%37,47937,37540,29047,96647,95048,24545,26946,05645,82145,36144,82444,25543,82143,28542,75942,34542,13542,08541,36241,15940,636
  Additional Paid-In Capital0.8%6,9566,9036,8586,8166,6916,6546,6076,5596,4296,3836,3376,2836,1626,1166,0746,0245,9075,8615,8125,7555,643
Accumulated Depreciation3.1%17,71117,18517,24817,04916,82017,47017,69417,76817,78417,88817,77417,46517,22917,23616,85416,83516,79116,61716,56716,29516,135
Shares Outstanding0.0%553552552552549571571572579580581581578577577577577577578--
Minority Interest3.4%61.0059.0059.0053.0048.0076.0074.0074.0071.0070.0068.0068.0064.0063.0058.0062.0063.0062.0059.0054.0052.00
Float---55,200---73,700---114,900---89,900---99,700--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations4.0%1,9861,9101,5091,2751,9221,5311,1271,0112,0051,8741,8871,6882,5152,4801,9051,2132,3382,0221,6621,0482,258
  Share Based Compensation13.0%52.0046.0041.0013537.0044.0047.0013547.0043.0053.0013146.0044.0052.0012048.0048.0052.0013044.00
Cashflow From Investing-4.9%-301-287-233-386-388156-551-263115-389-674-369-259-523577-375-5,29990.00-10.00-1,225-416
Cashflow From Financing-31.2%-924-704-803-716-1,315-933-1,048-2,054-2,412-1,299-1,183-1,251-1,802-2,097-2,5091,108-2,4512,804-1,735258-2,152
  Dividend Payments0%828828828827819850848852848856858858848847846847828828830830787
  Buy Backs0%2.002.00-29.00536155-7739385275032312.00-1.003651641424007011,269

MMM Income Statement

2023-12-31
Consolidated Statement of Income (Loss) - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
Net sales$ 32,681$ 34,229$ 35,355
Operating expenses   
Cost of sales18,47719,23218,795
Selling, general and administrative expenses21,5269,0497,197
Research, development and related expenses1,8421,8621,994
Gain on business divestitures(36)(2,724)0
Goodwill impairment expense02710
Total operating expenses41,80927,69027,986
Operating income (loss)(9,128)6,5397,369
Other expense (income), net560147165
Income (loss) before income taxes(9,688)6,3927,204
Provision (benefit) for income taxes(2,691)6121,285
Income (loss) of consolidated group(6,997)5,7805,919
Income (loss) from unconsolidated subsidiaries, net of taxes181110
Net income (loss) including noncontrolling interest(6,979)5,7915,929
Less: Net income (loss) attributable to noncontrolling interest16148
Net income (loss) attributable to 3M$ (6,995)$ 5,777$ 5,921
Weighted average 3M common shares outstanding - basic (in shares)553.9566.0579.0
Earnings (loss) per share attributable to 3M common shareholders — basic (in dollars per share)$ (12.63)$ 10.21$ 10.23
Weighted average 3M common shares outstanding - diluted (in shares)553.9567.6585.3
Earnings (loss) per share attributable to 3M common shareholders — diluted (in dollars per share)$ (12.63)$ 10.18$ 10.12

MMM Balance Sheet

2023-12-31
Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 5,933$ 3,655
Marketable securities — current53238
Accounts receivable — net of allowances of $141 and $1744,7504,532
Inventories  
Finished goods2,2932,497
Work in process1,4241,606
Raw materials and supplies1,1051,269
Total inventories4,8225,372
Prepaids485435
Other current assets336456
Total current assets16,37914,688
Property, plant and equipment26,87025,998
Less: Accumulated depreciation(17,711)(16,820)
Property, plant and equipment — net9,1599,178
Operating lease right of use assets759829
Goodwill12,92712,790
Intangible assets — net4,2264,699
Other assets7,1304,271
Total assets50,58046,455
Current liabilities  
Short-term borrowings and current portion of long-term debt2,9471,938
Accounts payable3,2453,183
Accrued payroll904692
Accrued income taxes365259
Operating lease liabilities — current225261
Other current liabilities7,6113,190
Total current liabilities15,2979,523
Long-term debt13,08814,001
Pension and postretirement benefits2,4711,966
Long-term obligations534580
Other liabilities14,3225,615
Total liabilities45,71231,685
Commitments and contingencies
3M Company shareholders’ equity:  
Common stock99
Additional paid-in capital6,9566,691
Retained earnings37,47947,950
Treasury stock, at cost:(32,859)(33,255)
Accumulated other comprehensive income (loss)(6,778)(6,673)
Total 3M Company shareholders’ equity4,80714,722
Noncontrolling interest6148
Total equity4,86814,770
Total liabilities and equity$ 50,580$ 46,455
MMM
3M Company provides diversified technology services in the United States and internationally. The company operates through four segments: Safety and Industrial; Transportation and Electronics; Health Care; and Consumer. The Safety and Industrial segment offers industrial abrasives and finishing for metalworking applications; autobody repair solutions; closure systems for personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles. The Transportation and Electronics segment provides ceramic solutions; attachment tapes, films, sound, and temperature management for transportation vehicles; premium large format graphic films for advertising and fleet signage; light management films and electronics assembly solutions; packaging and interconnection solutions; and reflective signage for highway, and vehicle safety. The Healthcare segment offers health care procedure coding and reimbursement software; skin, wound care, and infection prevention products and solutions; dentistry and orthodontia solutions; and filtration and purification systems. The Consumer segment provides consumer bandages, braces, supports, and consumer respirators; cleaning products for the home; retail abrasives, paint accessories, car care DIY products, picture hanging, and consumer air quality solutions; and stationery products. It offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers. 3M Company was founded in 1902 and is headquartered in St. Paul, Minnesota.
 CEO
 WEBSITE3m.com
 INDUSTRYConglomerates
 EMPLOYEES65535

3M Co Frequently Asked Questions


What is the ticker symbol for 3M Co? What does MMM stand for in stocks?

MMM is the stock ticker symbol of 3M Co. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of 3M Co (MMM)?

As of Tue Apr 16 2024, market cap of 3M Co is 50.32 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MMM stock?

You can check MMM's fair value in chart for subscribers.

What is the fair value of MMM stock?

You can check MMM's fair value in chart for subscribers. The fair value of 3M Co is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of 3M Co is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MMM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is 3M Co a good stock to buy?

The fair value guage provides a quick view whether MMM is over valued or under valued. Whether 3M Co is cheap or expensive depends on the assumptions which impact 3M Co's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MMM.

What is 3M Co's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 16 2024, MMM's PE ratio (Price to Earnings) is -7.19 and Price to Sales (PS) ratio is 1.54. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MMM PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on 3M Co's stock?

In the past 10 years, 3M Co has provided -0.014 (multiply by 100 for percentage) rate of return.