Grufity logoGrufity logo
StocksFundsSearch FilingsAPI

3M Co Stock Research

MMM

98.99USD-1.24(-1.24%)Market Closed
Watchlist

Market Summary

USD98.99-1.24
Market Closed
-1.24%

MMM Alerts

MMM Stock Price

MMM RSI Chart

MMM Valuation

Market Cap

54.6B

Price/Earnings (Trailing)

-37.3

Price/Sales (Trailing)

1.65

EV/EBITDA

-63.62

Price/Free Cashflow

12.3

MMM Price/Sales (Trailing)

MMM Profitability

Operating Margin

43.11%

EBT Margin

17.88%

Return on Equity

35.65%

Return on Assets

11.63%

Free Cashflow Yield

8.13%

MMM Fundamentals

MMM Revenue

Revenue (TTM)

33.1B

Revenue Y/Y

-4.33%

Revenue Q/Q

3.66%

MMM Earnings

Earnings (TTM)

-1.5B

Earnings Y/Y

-8.9K%

Earnings Q/Q

-800.92%

Price Action

52 Week Range

92.38130.63
(Low)(High)

Last 7 days

-2.0%

Last 30 days

-0.2%

Last 90 days

-1.4%

Trailing 12 Months

-12.9%

MMM Financial Health

Current Ratio

1.42

Debt/Equity

1.07

Debt/Cashflow

0.36

MMM Investor Care

Dividend Yield

5.79%

Dividend/Share (TTM)

5.96

Buy Backs (1Y)

3.33%

Diluted EPS (TTM)

-2.79

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for MMM

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-09
Choi Audrey
acquired
138,370
104
1,328
-
2023-07-28
Fitterling James R
acquired
38,530
111
346
-
2023-07-28
ESKEW MICHAEL L
acquired
43,750
111
393
-
2023-06-30
Lavers Jeffrey R
acquired
779,000
100
7,783
group president
2023-06-30
Patolawala Monish D
sold (taxes)
-274,447
100
-2,742
evp, cfo & transformation off
2023-06-30
Patolawala Monish D
acquired
601,841
100
6,013
evp, cfo & transformation off
2023-06-30
Lavers Jeffrey R
sold (taxes)
-361,825
100
-3,615
group president
2023-05-18
Ashish Khandpur K
sold
-936,306
99.2691
-9,432
group president
2023-05-09
PIZARRO PEDRO
acquired
185,000
102
1,807
-
2023-05-09
PAGE GREGORY R
acquired
185,000
102
1,807
-

1–10 of 50

Which funds bought or sold MMM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-19
BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL
reduced
-9.03
-571,319
3,699,860
1.55%
2023-09-18
CAPE ANN SAVINGS BANK
reduced
-8.79
-76,553
505,721
0.34%
2023-09-13
CGC Financial Services, LLC
new
-
17,803
17,803
0.01%
2023-09-12
Farther Finance Advisors, LLC
reduced
-11.79
-30,085
157,985
0.04%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
reduced
-28.73
-6,113
12,912
-%
2023-09-07
ST GERMAIN D J CO INC
new
-
1,350,920
1,350,920
0.07%
2023-09-05
Delos Wealth Advisors, LLC
unchanged
-
-30.00
601
-%
2023-09-05
Westshore Wealth, LLC
sold off
-100
-426,585
-
-%
2023-09-05
SILVIA MCCOLL WEALTH MANAGEMENT, LLC
unchanged
-
-15,025
299,569
0.28%
2023-09-01
Portside Wealth Group, LLC
new
-
463,774
463,774
0.09%

1–10 of 48

Latest Funds Activity

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

Schedule 13G FIlings of 3M

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 05, 2021
state street corp
5.21%
30,053,465
SC 13G
Jan 29, 2021
blackrock inc.
7.1%
41,174,440
SC 13G/A
Feb 13, 2020
state street corp
7.36%
42,320,337
SC 13G

Recent SEC filings of 3M

View All Filings
Date Filed Form Type Document
Sep 18, 2023
8-K
Current Report
Sep 06, 2023
3
Insider Trading
Sep 06, 2023
4
Insider Trading
Aug 29, 2023
8-K
Current Report
Aug 25, 2023
144
Notice of Insider Sale Intent
Aug 22, 2023
8-K
Current Report
Aug 11, 2023
8-K
Current Report
Aug 11, 2023
3
Insider Trading
Aug 11, 2023
4
Insider Trading
Jul 28, 2023
4
Insider Trading

MMM Fair Value

Loading...

Peers (Alternatives to 3M)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
134.2B
62.5B
2.53% 72.85%
596.62
1.75
10.18% 328.56%
129.1B
36.1B
4.01% 11.52%
23.68
3.57
4.90% 7.32%
54.6B
33.1B
-0.20% -12.91%
-37.3
1.65
-5.79% -135.30%
53.7B
5.8B
3.74% 33.18%
18.51
9.29
13.84% 1.28%
3.5B
11.7B
-1.97% -52.46%
-3.7
0.27
-6.96% -571.83%
MID-CAP
7.2B
4.1B
-0.45% -8.12%
23.31
1.8
5.44% 52.99%
5.2B
4.1B
2.89% 1.62%
13.79
1.29
4.21% 3.22%
SMALL-CAP
944.7M
1.8B
0.55% 4.68%
4.59
0.56
7.39% 30.87%
830.6M
236.5M
10.58% 46.44%
78.62
3.51
11.65% -1.85%
543.5M
557.8M
-12.77% -4.22%
23.24
0.97
27.41% 60.00%
538.1M
41.4M
-21.43% -68.97%
-30.62
12.98
-60.61% 85.88%
138.1M
229.6M
0.19% -8.71%
31.61
0.6
-9.20% -52.65%
50.1M
56.9M
-6.01% 5.24%
18.12
0.88
-9.32% -22.79%

3M News

Nasdaq
3M (MMM) Dips More Than Broader Markets: What You Should Know.
Nasdaq,
10 hours ago

Returns for MMM

Cumulative Returns on MMM

0.9%


10-Year Cumulative Returns

-5.3%


7-Year Cumulative Returns

-11.6%


5-Year Cumulative Returns

-13.8%


3-Year Cumulative Returns

Risks for MMM

What is the probability of a big loss on MMM?

76.9%


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

38.1%


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.

Drawdowns

Financials for 3M

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-1.1%33,05433,43134,22934,76235,08535,33335,35535,32634,73432,96032,18432,14132,09832,05632,01331,97032,13132,35032,76532,81032,830
Cost Of Revenue-2.6%18,53219,01919,23219,34519,47019,09618,79518,48517,93517,02116,60516,54216,42716,93517,13616,87116,84216,75616,68216,71616,616
Costs and Expenses31.8%35,98327,29227,69027,23929,93028,31727,98627,72427,01125,46825,02325,07524,61425,64725,96225,33825,49425,01425,55825,59725,625
  S&GA Expenses103.5%18,0538,8729,0498,7278,5487,2717,1977,2637,1216,9696,9296,9796,7576,8497,0296,7716,8636,9777,6027,6757,765
EBITDA-100.0%-8,2888,6859,7027,3648,7769,1199,2779,3519,4959,1518,6098,6688,3417,7538,0718,0468,9548,838--
EBITDA Margin-100.0%-0.25*0.25*0.28*0.21*0.25*0.26*0.26*0.27*0.29*0.28*0.27*0.28*0.26*0.24*0.25*0.25*0.28*0.27*--
Interest Expenses3.4%488472462465476469488511522538529512493467448419395372350421393
Earnings Before Taxes-151.9%-3,1055,9786,3927,3594,9846,8627,2047,3717,4407,1526,7956,2076,3476,1435,6436,2206,2197,1237,0006,9526,984
EBT Margin-100.0%-0.18*0.19*0.21*0.14*0.19*0.20*0.21*0.21*0.21*0.21*0.20*0.20*0.19*0.18*0.19*0.19*0.22*0.21*0.21*0.21*
Net Income-126.9%-1,4655,4545,7776,5754,1505,5965,9215,9715,9675,7495,4335,0135,1664,9874,5704,9484,9085,6385,3494,5254,411
Net Income Margin-100.0%-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*0.17*0.16*0.14*0.13*
Free Cashflow-100.0%-4,0553,8423,8754,3105,0605,8516,4957,0767,1096,6126,3195,8805,5955,3715,2985,3875,6804,8624,5364,199
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets4.3%48,88046,88646,45546,17645,63445,85547,07248,27848,30747,18047,34445,39045,07946,21244,65942,55038,96939,14036,50037,27536,778
  Current Assets5.3%15,75414,96314,68814,89514,51414,45215,40316,42616,34315,34514,98214,11014,10615,09012,97118,02014,05114,37413,70914,41913,890
    Cash Equivalents11.3%4,2583,8243,655-2,7223,2474,564--------7,7312,8492,9382,8533,1852,801
  Inventory-0.5%5,2805,3065,3725,6155,6455,2904,9854,9504,8424,4584,2393,9844,1684,2174,1344,0074,3004,5384,3664,4374,238
  Net PPE-0.4%9,2119,2479,1789,1969,3199,3899,4299,3239,3589,2409,4219,2169,0899,1659,3338,8918,9988,8298,7388,6308,645
  Goodwill0.1%12,86912,85512,79012,66913,06413,36813,48613,59713,72213,65413,80213,53513,36013,31213,44410,41010,57410,61110,05110,12310,107
Liabilities30.1%41,02331,53531,68532,02031,81830,85131,95533,74833,79133,35234,41333,44734,16436,00334,53331,78628,82729,38326,65226,96426,350
  Current Liabilities3.6%10,93610,5569,5239,5439,8969,1529,0359,6359,4408,3637,9487,4107,2829,1349,2227,8217,2657,1257,2447,3368,902
    LT Debt, Non Current0.0%12,95412,94814,00113,84914,01914,80116,05616,19316,26716,81917,98918,42919,27619,24717,51817,47914,91415,58013,41113,53911,294
Shareholder's Equity-49.2%7,79815,35114,72214,08013,81615,00415,11714,53014,51613,82812,93111,95910,92510,21410,12610,76410,1429,7579,84810,31110,428
  Retained Earnings-16.0%40,29047,96647,95048,24545,26946,05645,82145,36144,82444,25543,82143,28542,75942,34542,13542,08541,36241,15940,63640,12039,442
  Additional Paid-In Capital0.6%6,8586,8166,6916,6546,6076,5596,4296,3836,3376,2836,1626,1166,0746,0245,9075,8615,8125,7555,6435,5975,550
Accumulated Depreciation1.2%17,24817,04916,82017,47017,69417,76817,78417,88817,77417,46517,22917,23616,85416,83516,79116,61716,56716,29516,13516,13516,113
Shares Outstanding0.1%552552549553571572572580581581578578577577575577578578577586591
Minority Interest11.3%59.0053.0048.0076.0074.0074.0071.0070.0068.0068.0064.0063.0058.0062.0063.0062.0059.0054.0052.0063.0063.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations6.5%6,2375,8555,5915,6746,0176,7777,4547,9648,5708,5888,1137,9367,4787,2357,0706,9907,1077,3446,4396,0415,652
  Share Based Compensation-2.3%257263263273272278274273274273262264268268278274276273302316326
Cashflow From Investing27.2%-851-1,169-1,046-543-1,088-1,211-1,317-1,691-1,825-574-580-5,620-5,007-5,594-6,444-1,561-1,920-1,284222-2,094-2,606
Cashflow From Financing6.1%-3,767-4,012-5,350-6,447-6,813-6,948-6,145-5,535-6,333-7,659-5,300-5,949-1,048-274-1,124-825-5,082-6,489-6,701-3,505-2,895
  Dividend Payments-0.6%3,3243,3443,3693,3983,4043,4143,4203,4203,4113,3993,3883,3683,3493,3333,3163,2753,2413,2133,1933,1053,012
  Buy Backs0%7207201,4641,8662,2382,7412,1991,2637362343685306721,0711,4072,5123,4344,6344,8704,1053,421

MMM Income Statement

2023-06-30
Consolidated Statement of Income (Loss) - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]    
Net sales$ 8,325$ 8,702$ 16,356$ 17,531
Operating expenses    
Cost of sales4,6065,0939,2199,919
Selling, general and administrative expenses12,2043,02313,9094,905
Research, development and related expenses473476945956
Total operating expenses17,2838,59224,07315,780
Operating income (loss)(8,958)110(7,717)1,751
Other expense (income), net655011788
Income (loss) before income taxes(9,023)60(7,834)1,663
Provision (benefit) for income taxes(2,184)(23)(1,974)279
Income (loss) of consolidated group(6,839)83(5,860)1,384
Income (loss) from unconsolidated subsidiaries, net of taxes3(1)51
Net income (loss) including noncontrolling interest(6,836)82(5,855)1,385
Less: Net income (loss) attributable to noncontrolling interest54108
Net income (loss) attributable to 3M$ (6,841)$ 78$ (5,865)$ 1,377
Weighted average 3M common shares outstanding - basic (in shares)553.9571.0553.3571.6
Earnings (loss) per share attributable to 3M common shareholders — basic (in dollars per share)$ (12.35)$ 0.14$ (10.60)$ 2.41
Weighted average 3M common shares outstanding - diluted (in shares)553.9572.7553.3573.8
Earnings (loss) per share attributable to 3M common shareholders — diluted (in dollars per share)$ (12.35)$ 0.14$ (10.60)$ 2.40

MMM Balance Sheet

2023-06-30
Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 4,258$ 3,655
Marketable securities — current56238
Accounts receivable — net of allowances of $160 and $1744,9474,532
Inventories  
Finished goods2,5262,497
Work in process1,5271,606
Raw materials and supplies1,2271,269
Total inventories5,2805,372
Prepaids674435
Other current assets539456
Total current assets15,75414,688
Property, plant and equipment26,45925,998
Less: Accumulated depreciation(17,248)(16,820)
Property, plant and equipment — net9,2119,178
Operating lease right of use assets812829
Goodwill12,86912,790
Intangible assets — net4,4704,699
Other assets5,7644,271
Total assets48,88046,455
Current liabilities  
Short-term borrowings and current portion of long-term debt3,0331,938
Accounts payable3,2313,183
Accrued payroll785692
Accrued income taxes172259
Operating lease liabilities — current244261
Other current liabilities3,4713,190
Total current liabilities10,9369,523
Long-term debt12,95414,001
Pension and postretirement benefits1,9121,966
Operating lease liabilities570580
Other liabilities14,6515,615
Total liabilities41,02331,685
Commitments and contingencies (Note 14)
3M Company shareholders’ equity:  
Common stock99
Additional paid-in capital6,8586,691
Retained earnings40,29047,950
Treasury stock, at cost:(32,926)(33,255)
Accumulated other comprehensive income (loss)(6,433)(6,673)
Total 3M Company shareholders’ equity7,79814,722
Noncontrolling interest5948
Total equity7,85714,770
Total liabilities and equity$ 48,880$ 46,455
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.