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3M (MMM)

(Real Time Quote from BATS)

$91.10 USD

91.10
1,139,610

-0.92 (-1.00%)

Updated Apr 25, 2024 12:59 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value B Growth F Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 32% (170 out of 251)

Industry: Diversified Operations

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Better trading starts here.

Balance Sheet

Research for MMM

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for 3M Company falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 5,986 3,893 4,765 5,038 2,451
Receivables 4,750 4,532 4,660 4,705 4,791
Notes Receivable 0 0 0 0 0
Inventories 4,822 5,372 4,985 4,239 4,134
Other Current Assets 821 891 993 1,000 1,595
Total Current Assets 16,379 14,688 15,403 14,982 12,971
Net Property & Equipment 9,159 9,178 9,429 9,421 9,333
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 17,153 17,489 18,774 19,637 19,823
Deposits & Other Assets 7,130 4,271 2,608 2,440 1,674
Total Assets 50,580 46,455 47,072 47,344 44,659
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 3,245 3,183 2,994 2,561 2,228
Current Portion Long-Term Debt 2,947 1,938 1,307 806 2,795
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 904 692 1,020 747 702
Income Taxes Payable 365 259 260 300 194
Other Current Liabilities 7,611 3,190 3,191 3,278 3,056
Total Current Liabilities 15,297 9,523 9,035 7,948 9,222
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 13,088 14,001 16,056 17,989 17,518
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 16,793 7,581 6,273 7,867 7,186
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 45,712 31,685 31,955 34,413 34,533
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 9 9 9 9 9
Capital Surplus 6,956 6,691 6,429 6,162 5,907
Retained Earnings 37,479 47,950 45,821 43,761 42,135
Other Equity -6,717 -6,625 -6,679 -7,597 -8,076
Treasury Stock 32,859 33,255 30,463 29,404 29,849
Total Shareholder's Equity 4,868 14,770 15,117 12,931 10,126
Total Liabilities & Shareholder's Equity 50,580 46,455 47,072 47,344 44,659
Total Common Equity 4,868 14,770 15,117 12,931 10,126
Shares Outstanding 552.30 552.70 578.60 576.80 575.00
Book Value Per Share 8.81 26.72 26.13 22.42 17.61

Fiscal Year End for 3M Company falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 5,986 5,213 4,314 3,969
Receivables NA 4,750 4,852 4,947 4,638
Notes Receivable NA 0 0 0 0
Inventories NA 4,822 5,065 5,280 5,306
Other Current Assets NA 821 1,068 1,213 1,050
Total Current Assets NA 16,379 16,198 15,754 14,963
Net Property & Equipment NA 9,159 9,004 9,211 9,247
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 17,153 17,045 17,339 17,440
Deposits & Other Assets NA 7,130 6,592 5,764 4,353
Total Assets NA 50,580 49,621 48,880 46,886
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 3,245 3,104 3,231 3,130
Current Portion Long-Term Debt NA 2,947 3,137 3,033 3,012
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 904 905 785 604
Income Taxes Payable NA 365 220 172 268
Other Current Liabilities NA 7,611 7,866 3,471 3,279
Total Current Liabilities NA 15,297 15,466 10,936 10,556
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 13,088 12,876 12,954 12,948
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 15,998 16,563 7,404
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 45,712 44,890 41,023 31,535
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 9 9 9 9
Capital Surplus NA 6,956 6,903 6,858 6,816
Retained Earnings NA 37,479 37,375 40,290 47,966
Other Equity NA -6,717 -6,667 -6,374 -6,477
Treasury Stock NA 32,859 32,889 32,926 32,963
Total Shareholder's Equity NA 4,868 4,731 7,857 15,351
Total Liabilities & Shareholder's Equity NA 50,580 49,621 48,880 46,886
Total Common Equity 0 4,868 4,731 7,857 15,351
Shares Outstanding 553.30 552.30 552.30 551.90 551.60
Book Value Per Share 0.00 8.81 8.57 14.24 27.83