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MMM

124.64USD-4.40(-3.41%)Market Closed

3M Co

Market Summary

USD124.64-4.40Market Closed
-3.41%

MMM Alerts

MMM Stock Price

RSI Chart

Valuation

Market Cap

70.0B

Price/Earnings

10.64

Price/Sales

2.01

Price/Cashflow

12.33

MarketCap/EBT

9.51

Price/Sales

Profitability

Operating Margin

44.35%

EBT Margin

21.17%

Return on Equity

46.45%

Return on Assets

14.24%

Fundamentals

Revenue

Revenue (TTM)

34.8B

Revenue Y/Y

-3.61%

Revenue Q/Q

-0.95%

Earnings

Earnings (TTM)

6.6B

Earnings Y/Y

169.11%

Earnings Q/Q

4.8K%

Price Action

52 Week Range

105.83174.39
(Low)(High)

Last 7 days

-2.3%

Last 30 days

-0.4%

Last 90 days

1.0%

Trailing 12 Months

-26.0%

Financial Health

Current Ratio

1.56

Debt/Equity

1.11

Debt/Cashflow

0.36

Investor Care

Dividend Yield

4.7%

Dividend/Share (TTM)

5.95

Buy Backs (1Y)

4.08%

Diluted EPS (TTM)

11.48

Peers (Alternatives to 3M)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
137.8B
34.9B
5.81% 5.77%
25.63
3.94
0.87% -1.79%
85.6B
75.1B
9.12% -12.27%
-14.66
1.14
0.29% -14500.00%
70.0B
34.8B
-0.40% -25.98%
10.64
2.01
-1.60% 10.12%
43.9B
5.7B
2.49% -10.43%
15.3
7.55
-3.63% 159.16%
17.6B
13.3B
-3.51% 16.68%
-50.48
1.4
13.02% -1450.00%
MID-CAP
8.9B
3.8B
9.89% -24.84%
18.33
2.52
12.89% 5.97%
6.3B
3.9B
8.13% -23.94%
24.62
1.61
4.13% -17.08%
6.0B
4.0B
1.75% -10.66%
15.68
1.5
15.75% 25.37%
SMALL-CAP
1.2B
105.2M
6.54% -63.53%
-9.97
11.79
44.83% -29.99%
919.0M
1.7B
2.96% 19.04%
6.22
0.55
19.18% -19.83%
620.2M
217.9M
-3.97% -10.84%
57.62
2.93
14.07% -13.42%
535.4M
468.7M
3.55% -9.26%
36.63
1.22
17.26% -39.54%
157.3M
256.3M
3.59% -20.64%
17.68
0.61
21.67% 724.65%
52.8M
63.0M
-2.17% -36.82%
14.74
0.84
-25.47% -75.19%

Financials for 3M

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue-0.9%34,76235,08535,33335,35535,326
Cost Of Revenue-0.6%19,34519,47019,09618,79518,485
  S&GA Expenses2.1%8,7278,5487,2717,1977,263
  R&D Expenses-1,243
Earnings Before Taxes47.7%7,3594,9846,8627,2047,371
Net Income58.4%6,5754,1505,5965,9215,971
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets1.2%46,17645,63445,85547,07248,278
  Current Assets2.6%14,89514,51414,45215,40316,426
  Inventory-0.5%5,6155,6455,2904,9854,950
  Net PPE-1.3%9,1969,3199,3899,4299,323
  Goodwill-3.0%12,66913,06413,36813,48613,597
Liabilities0.6%32,02031,81830,85131,95533,748
  Current Liabilities-3.6%9,5439,8969,1529,0359,635
  Long Term Debt-1.4%15,70515,92116,67317,34718,149
    LT Debt, Current-1,291----
    LT Debt, Non Current-1.2%13,84914,01914,80116,05616,193
Shareholder's Equity3.0%14,15613,74214,93015,04614,460
  Retained Earnings6.6%48,24545,26946,05645,82145,361
  Additional Paid-In Capital0.7%6,6076,5596,4296,383-
Accumulated Depreciation-1.3%17,47017,69417,76817,78417,888
Shares Outstanding-3.0%553570569572576
Minority Interest2.7%7674747170
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-5.7%5,6746,0176,7777,4547,964
  Share Based Compensation0.4%273272278274273
Cashflow From Investing50.1%-543.00-1,088.00-1,211.00-1,317.00-1,691.00
Cashflow From Financing5.4%-6,447.00-6,813.00-6,948.00-6,145.00-5,535.00
  Dividend Payments-0.3%3,4043,4143,4203,420
  Buy Backs-16.6%1,8662,2382,7412,1991,263

Risks

What is the probability of a big loss on MMM?

70%


Probability that 3M stock will be more than 20% underwater in next one year

26.1%


Probability that 3M stock will be more than 30% underwater in next one year.

1.1%


Probability that 3M stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does MMM drawdown profile look like?

Y-axis is the maximum loss one would have experienced if 3M was unfortunately bought at previous high price.

Returns

Cumulative Returns on MMM

6.2%


10-Year Cumulative Returns

-0.1%


7-Year Cumulative Returns

-9.1%


5-Year Cumulative Returns

-6.4%


3-Year Cumulative Returns

What are the long-term rolling returns for MMM?

FIve years rolling returns for 3M.

Which funds bought or sold MMM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
ADDED
5.35
-290,000
2,605,000
0.11%
2022-11-23
FSB PREMIER WEALTH MANAGEMENT, INC.
REDUCED
-10.84
-112,000
357,000
0.21%
2022-11-23
Eagle Bay Advisors LLC
REDUCED
-10.76
-96,809
311,000
0.19%
2022-11-23
Gould Capital, LLC
UNCHANGED
-
-1,000
8,000
0.01%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
92.97
1,905,000
4,845,000
0.15%
2022-11-22
CVA Family Office, LLC
ADDED
269.66
279,000
409,000
0.11%
2022-11-22
SMITH CHAS P & ASSOCIATES PA CPAS
ADDED
4.88
-24,000
209,000
0.02%
2022-11-22
Gibson Wealth Advisors LLC
UNCHANGED
-
-26,000
155,000
0.18%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
5,832,000
5,832,000
0.07%
2022-11-22
Coombe, Bender & Co LLC
ADDED
5.77
-143,000
1,338,000
1.19%

1–10 of 48

Latest Funds Activity

Are funds buying MMM calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own MMM

3M News

MarketWatch

PPG Industries Inc. stock falls Monday, underperforms market.2 hours ago

MMM Fair Value

3M fair value in different scenarios

The table shows the Fair Value estimates for 3M for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

84.77

-31.99%

109.57

-12.09%

120.88

-3.02%

157.73

26.55%

209.75

68.28%

Current Inflation

78.35

-37.14%

99.48

-20.19%

108.48

-12.97%

139.74

12.11%

182.83

46.69%

Very High Inflation

70.39

-43.53%

87.30

-29.96%

93.77

-24.77%

118.70

-4.77%

151.96

21.92%

Historical 3M Fair Value Estimates


Recent SEC filings of 3M

View All Filings
Date Filed Form Type Document
Nov 14, 2022
8-K
Current Report
Oct 31, 2022
4
Insider Trading
Oct 31, 2022
4
Insider Trading
Oct 28, 2022
4
Insider Trading
Oct 28, 2022
4
Insider Trading
Oct 28, 2022
4
Insider Trading
Oct 25, 2022
IRANNOTICE
IRANNOTICE
Oct 25, 2022
8-K
Current Report
Oct 25, 2022
10-Q
Quarterly Report
Oct 06, 2022
4
Insider Trading

Latest Insider Trading transactions for MMM

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-10-28
Rhodes Kevin H
ACQUIRED
578,798
101.49
5,703
EVP & Chief Legal Officer
2022-10-28
Chavez Rodriguez Beatriz Karina
SOLD
-135,246
126.28
-1,071
SVP & Chief Strategy Officer
2022-10-28
Rhodes Kevin H
SOLD
-720,842
126.397
-5,703
EVP & Chief Legal Officer
2022-10-28
ESKEW MICHAEL L
ACQUIRED
43,750.1
122.8
356.271
-
2022-10-28
Chavez Rodriguez Beatriz Karina
ACQUIRED
108,696
101.49
1,071
SVP & Chief Strategy Officer
2022-10-28
Kent Ahmet Muhtar
ACQUIRED
38,750
122.8
315.554
-
2022-10-28
Fitterling James R
ACQUIRED
33,750.1
122.8
274.838
-
2022-09-01
Vale Michael G.
GIVEN BACK TO IS
-
-
-36
Group President
2022-09-01
Hammes Eric D.
GIVEN BACK TO IS
-
-
-700
EVP & Chief Count Gov Svc Off
2022-09-01
Hammes Eric D.
GIVEN BACK TO IS
-
-
-51
EVP & Chief Count Gov Svc Off

1–10 of 50

Michael F. Roman
65535
3M Company operates as a diversified technology company worldwide. It 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 food safety indicator solutions; 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. The company was founded in 1902 and is based in St. Paul, Minnesota.

MMM Income Statement

2022-09-30
Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Net sales$ 8,619$ 8,942$ 26,150$ 26,743
Operating expenses    
Cost of sales4,7284,85314,64714,097
Selling, general and administrative expenses1,9981,8196,9035,373
Research, development and related expenses4614821,4171,520
Gain on business divestitures(2,724)0(2,724)0
Total operating expenses4,4637,15420,24320,990
Operating income4,1561,7885,9075,753
Other expense (income), net2431112113
Income before income taxes4,1321,7575,7955,640
Provision for income taxes2713245501,058
Income of consolidated group3,8611,4335,2454,582
Income (loss) from unconsolidated subsidiaries, net of taxes2437
Net income including noncontrolling interest3,8631,4375,2484,589
Less: Net income (loss) attributable to noncontrolling interest43127
Net income attributable to 3M$ 3,859$ 1,434$ 5,236$ 4,582
Weighted average 3M common shares outstanding - basic (in shares)568.8579.6570.7580.3
Earnings per share attributable to 3M common shareholders - basic (in dollars per share)$ 6.79$ 2.47$ 9.18$ 7.90
Weighted average 3M common shares outstanding - diluted (in shares)570.0586.3572.6587.1
Earnings per share attributable to 3M common shareholders - diluted (in dollars per share)$ 6.77$ 2.45$ 9.15$ 7.81

MMM Balance Sheet

2022-09-30
Consolidated Balance Sheet - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets  
Cash and cash equivalents$ 3,404$ 4,564
Marketable securities — current185201
Accounts receivable — net of allowances of $186 and $1894,7224,660
Inventories  
Finished goods2,4432,196
Work in process1,8291,577
Raw materials and supplies1,3431,212
Total inventories5,6154,985
Prepaids467654
Other current assets502339
Total current assets14,89515,403
Property, plant and equipment26,66627,213
Less: Accumulated depreciation(17,470)(17,784)
Property, plant and equipment — net9,1969,429
Operating lease right of use assets801858
Goodwill12,66913,486
Intangible assets — net4,8155,288
Other assets3,8002,608
Total assets46,17647,072
Current liabilities  
Short-term borrowings and current portion of long-term debt1,8561,307
Accounts payable3,0632,994
Accrued payroll7171,020
Accrued income taxes270260
Operating lease liabilities — current241263
Other current liabilities3,3963,191
Total current liabilities9,5439,035
Long-term debt13,84916,056
Pension and postretirement benefits2,5022,870
Operating lease liabilities570591
Other liabilities5,5563,403
Total liabilities32,02031,955
Commitments and contingencies (Note 14)
3M Company shareholders’ equity:  
Common stock99
Additional paid-in capital6,6546,429
Retained earnings48,24545,821
Treasury stock(32,843)(30,463)
Accumulated other comprehensive income (loss)(7,985)(6,750)
Total 3M Company shareholders’ equity14,08015,046
Noncontrolling interest7671
Total equity14,15615,117
Total liabilities and equity$ 46,176$ 47,072