3M (MMM)
(Delayed Data from NYSE)
$104.80 USD
-0.20 (-0.19%)
Updated Mar 18, 2024 04:00 PM ET
After-Market: $104.50 -0.30 (-0.29%) 7:58 PM ET
3-Hold of 5 3
C Value B Growth C Momentum B VGM
Company Summary
Conglomerate 3M’s focus on business transformation — with moves like the localization of decision making and integration of supply chains — enhances its competitive advantage. Also, its recognized product brands and investments in innovation are compelling. Inorganic actions (buyouts and divestments) are added advantages.
Headquartered in St. Paul, MN, and founded in 1902, 3M Company together with its subsidiaries operates as a diversified technology firm. It has manufacturing operations across the globe and serves diversified customer base primarily in the United States, Europe, Middle East and Africa; Latin America/Canada; and the Asia Pacific regions. The company ...
Company Summary
Headquartered in St. Paul, MN, and founded in 1902, 3M Company together with its subsidiaries operates as a diversified technology firm. It has manufacturing operations across the globe and serves diversified customer base primarily in the United States, Europe, Middle East and Africa; Latin America/Canada; and the Asia Pacific regions. The company has four business segments.
The Safety & Industrial segment (33.5% of 2023 net revenues) mainly serves customers in the electrical, safety and industrial markets across the globe. The segment includes industrial adhesives and tapes, personal safety, abrasives, closure and masking systems, roofing granules, electrical materials and automotive aftermarket businesses.
The Transportation & Electronics segment (26%) primarily serves original equipment manufacturers (OEMs) in the electronics and transportation industries across the globe. The segment includes electronics, commercial solutions, advanced materials, transportation safety, automotive and aerospace, and other related businesses.
The Health Care segment (25.1%) engages in serving customers in the global healthcare industry. Businesses within the segment are oral care, medical solutions, food safety, separation and purification sciences, and health information systems businesses.
In July 2022, the company announced plans to spin off its Health Care business into a separate public company. The business would focus on wound care, oral care, healthcare IT, and biopharma filtration. The transaction is expected to be completed on Apr 1, 2024, subject to regulatory approvals. Post-separation, the segment will be named as Solventum.
The Consumer segment (15.4%) provides office supplies, stationery, home improvement products, homecare products and consumer healthcare products.
General Information
3M Company
3M CENTER
ST PAUL, MN 55144
Phone: 651-733-1110
Fax: 651-733-9973
Web: http://www.3m.com
Email: investorrelations@3m.com
Industry | Diversified Operations |
Sector | Conglomerates |
Fiscal Year End | December |
Last Reported Quarter | 12/31/2023 |
Exp Earnings Date | 4/23/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 2.11 |
Current Year EPS Consensus Estimate | 9.77 |
Estimated Long-Term EPS Growth Rate | 7.20 |
Exp Earnings Date | 4/23/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 105.00 |
52 Week High | 113.14 |
52 Week Low | 85.35 |
Beta | 1.00 |
20 Day Moving Average | 5,723,851.50 |
Target Price Consensus | 110.58 |
4 Week | 15.07 |
12 Week | -1.25 |
YTD | -3.95 |
4 Week | 12.56 |
12 Week | -8.25 |
YTD | -10.47 |
Shares Outstanding (millions) | 552.70 |
Market Capitalization (millions) | 58,033.50 |
Short Ratio | NA |
Last Split Date | 9/30/2003 |
Dividend Yield | 5.75% |
Annual Dividend | $6.04 |
Payout Ratio | 0.65 |
Change in Payout Ratio | 0.02 |
Last Dividend Payout / Amount | 2/15/2024 / $1.51 |
Fundamental Ratios
P/E (F1) | 10.75 |
Trailing 12 Months | 11.36 |
PEG Ratio | 1.49 |
vs. Previous Year | 6.14% |
vs. Previous Quarter | -9.70% |
vs. Previous Year | -0.82% |
vs. Previous Quarter | -3.60% |
Price/Book | 11.91 |
Price/Cash Flow | 8.16 |
Price / Sales | 1.78 |
12/31/23 | 62.45 |
9/30/23 | 47.18 |
6/30/23 | 38.99 |
12/31/23 | 10.45 |
9/30/23 | 10.50 |
6/30/23 | 10.79 |
12/31/23 | 1.07 |
9/30/23 | 1.05 |
6/30/23 | 1.44 |
12/31/23 | 0.76 |
9/30/23 | 0.72 |
6/30/23 | 0.96 |
12/31/23 | 15.67 |
9/30/23 | 15.39 |
6/30/23 | 15.38 |
12/31/23 | -21.40 |
9/30/23 | -22.59 |
6/30/23 | -4.43 |
12/31/23 | -29.64 |
9/30/23 | -30.82 |
6/30/23 | -9.39 |
12/31/23 | 8.81 |
9/30/23 | 8.57 |
6/30/23 | 14.23 |
12/31/23 | 3.61 |
9/30/23 | 3.50 |
6/30/23 | 3.44 |
12/31/23 | 2.69 |
9/30/23 | 2.72 |
6/30/23 | 1.65 |
12/31/23 | 72.89 |
9/30/23 | 73.13 |
6/30/23 | 62.25 |