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3M Co Stock Research

MMM

101.14USD+0.14(+0.14%)Market Closed

Market Summary

USD101.14+0.14
Market Closed
0.14%

MMM Alerts

MMM Stock Price

MMM RSI Chart

MMM Valuation

Market Cap

55.6B

Price/Earnings (Trailing)

9.62

Price/Sales (Trailing)

1.62

EV/EBITDA

8.2

Price/Free Cashflow

14.46

MMM Price/Sales (Trailing)

MMM Profitability

Operating Margin

43.81%

EBT Margin

18.67%

Return on Equity

39.24%

Return on Assets

12.44%

Free Cashflow Yield

6.92%

MMM Fundamentals

MMM Revenue

Revenue (TTM)

34.2B

Revenue Y/Y

-6.19%

Revenue Q/Q

-6.27%

MMM Earnings

Earnings (TTM)

5.8B

Earnings Y/Y

-59.6%

Earnings Q/Q

-85.98%

Price Action

52 Week Range

100.16147.85
(Low)(High)

Last 7 days

-2.9%

Last 30 days

-7.2%

Last 90 days

-15.8%

Trailing 12 Months

-29.9%

MMM Financial Health

Current Ratio

1.54

Debt/Equity

1.07

Debt/Cashflow

0.36

MMM Investor Care

Dividend Yield

5.89%

Dividend/Share (TTM)

5.96

Buy Backs (1Y)

3.95%

Diluted EPS (TTM)

10.18

Peers (Alternatives to 3M)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
126.7B
76.6B
9.83% -2.59%
563.33
1.66
3.18% 103.45%
125.6B
35.5B
-3.24% -1.90%
25.3
3.54
3.12% -10.39%
55.6B
34.2B
-7.16% -29.91%
9.62
1.62
-3.18% -2.43%
45.6B
5.4B
1.90% -6.64%
10.03
8.48
11.13% 294.30%
17.6B
14.1B
-6.40% 10.47%
-50.48
1.4
24.37% 64.67%
MID-CAP
7.2B
4.0B
-6.73% -7.66%
23.06
1.78
5.46% -14.55%
5.5B
4.1B
-11.84% -10.92%
14.69
1.34
13.43% 11.07%
SMALL-CAP
595.7M
503.0M
-8.53% 26.37%
34.25
1.18
24.65% -27.83%
1.1B
135.8M
-17.21% -57.85%
-9.38
8.34
56.94% -26.12%
931.1M
1.7B
-2.30% 1.19%
4.52
0.55
11.18% 56.74%
656.2M
224.4M
0.24% 14.23%
65.11
2.92
13.42% -12.67%
170.1M
250.8M
-8.03% -18.45%
20.68
0.68
6.64% 21.61%
51.4M
63.0M
-2.37% -7.00%
15.49
0.82
-25.47% -75.19%

Financials for 3M

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-1.5%34,22934,76235,08535,33335,355
Cost Of Revenue-0.6%19,23219,34519,47019,09618,795
  S&GA Expenses3.7%9,0498,7278,5487,2717,197
  R&D Expenses-1,243----
Costs and Expenses1.7%27,69027,23929,93028,31727,986
EBITDA-10.5%8,6859,7027,3648,776-
EBITDA Margin-9.1%0.25*0.28*0.21*0.25*-
Earnings Before Taxes-13.1%6,3927,3594,9846,8627,204
EBT Margin-11.8%0.19*0.21*0.14*0.19*-
Interest Expenses-0.6%462465476469488
Net Income-12.1%5,7776,5754,1505,5965,921
Net Income Margin-10.8%0.17*0.19*0.12*0.16*-
Free Cahsflow-0.9%3,8423,8754,3105,060-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets0.6%46,45546,17645,63445,85547,072
  Current Assets-1.4%14,68814,89514,51414,45215,403
  Inventory-4.3%5,3725,6155,6455,2904,985
  Net PPE-0.2%9,1789,1969,3199,3899,429
  Goodwill1.0%12,79012,66913,06413,36813,486
Liabilities-1.0%31,68532,02031,81830,85131,955
  Current Liabilities-0.2%9,5239,5439,8969,1529,035
  Long Term Debt-1.4%15,70515,92116,67317,347-
    LT Debt, Current-1,291----
    LT Debt, Non Current1.1%14,00113,84914,01914,80116,056
Shareholder's Equity4.6%14,72214,08013,81615,00415,046
  Retained Earnings-0.6%47,95048,24545,26946,05645,821
  Additional Paid-In Capital0.6%6,6916,6546,6076,5596,429
Accumulated Depreciation-3.7%16,82017,47017,69417,76817,784
Shares Outstanding-0.6%549553570569572
Minority Interest-36.8%48.0076.0074.0074.0071.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-1.5%5,5915,6746,0176,7777,454
  Share Based Compensation-3.7%263273272278274
Cashflow From Investing-92.6%-1,046-543-1,088-1,211-1,317
Cashflow From Financing17.0%-5,350-6,447-6,813-6,948-6,145
  Dividend Payments-0.9%3,3693,3983,4043,4143,420
  Buy Backs-21.5%1,4641,8662,2382,7412,199

Risks for MMM

What is the probability of a big loss on MMM?

76.5%


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

31.1%


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

Returns for MMM

Cumulative Returns on MMM

2.4%


10-Year Cumulative Returns

-3.8%


7-Year Cumulative Returns

-11.2%


5-Year Cumulative Returns

-5.5%


3-Year Cumulative Returns

What are the long-term rolling returns for MMM?

FIve years rolling returns for 3M.

Annualized Returns

Which funds bought or sold MMM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-13.96
-322,123
4,522,880
0.13%
2023-03-13
Claro Advisors LLC
reduced
-19.05
-95,572
288,428
0.09%
2023-03-10
MATHER GROUP, LLC.
added
11.14
2,084,540
12,200,500
0.23%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-4.89
4,331,500
138,832,000
0.15%
2023-03-06
NORTH STAR ASSET MANAGEMENT INC
added
154
2,376,070
3,728,070
0.23%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-8.9
-112,000
9,782,000
0.05%
2023-03-06
BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL
reduced
-1.43
331,643
5,084,640
1.93%
2023-03-03
TIAA, FSB
reduced
-9.74
-170,811
8,172,190
0.03%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
1,351,380
1,351,380
0.02%
2023-03-01
Lakewood Asset Management LLC
new
-
212,000
212,000
0.17%

1–10 of 45

Latest Funds Activity

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

3M News

Nasdaq

Better Buy: 3M vs. Emerson Electric.

Nasdaq,
37 hours ago

Nasdaq

The Motley Fool

Is 3M Stock a Buy?.

The Motley Fool,
3 days ago

The Motley Fool

The Motley Fool

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

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

81.45

-19.47%

97.71

-3.39%

124.64

23.24%

189.14

87.01%

218.98

116.51%
Current Inflation

76.07

-24.79%

90.19

-10.83%

113.12

11.84%

167.25

65.36%

192.17

90.00%
Very High Inflation

69.31

-31.47%

80.92

-19.99%

99.23

-1.89%

141.70

40.10%

161.14

59.32%

Historical 3M Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of 3M

View All Filings
Date Filed Form Type Document
Mar 24, 2023
DEFA14A
DEFA14A
Mar 22, 2023
ARS
ARS
Mar 22, 2023
DEF 14A
DEF 14A
Mar 22, 2023
DEFA14A
DEFA14A
Feb 23, 2023
4/A
Insider Trading
Feb 21, 2023
4/A
Insider Trading
Feb 21, 2023
8-K
Current Report
Feb 21, 2023
4/A
Insider Trading
Feb 21, 2023
4/A
Insider Trading
Feb 21, 2023
4/A
Insider Trading

Latest Insider Trading transactions for MMM

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-09
PIZARRO PEDRO
acquired
46,123
115
400
-
2023-02-09
Chow Anne H
acquired
46,123
115
400
-
2023-02-06
Lavers Jeffrey R
sold (taxes)
-
-
-840
group president
2023-02-06
Hammes Eric D.
sold (taxes)
-
-
-2,582
evp & chief count gov svc off
2023-02-06
Dickson Zoe L
acquired
-
-
1,825
evp & chief hr officer
2023-02-06
Vale Michael G.
acquired
-
-
8,002
group president
2023-02-06
Reinseth Theresa E
sold (taxes)
-
-
-392
senior vice president/cao
2023-02-06
Patolawala Monish D
acquired
-
-
12,626
evp, cfo & transformation off
2023-02-06
Ashish Khandpur K
sold (taxes)
-
-
-3,690
group president
2023-02-06
Lavers Jeffrey R
acquired
-
-
1,785
group president

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