- Conglomerates
- Industrials
-
1.70
EPS
-
73.55
P/E
-
68.8B
MARKET CAP
-
4.16%
DIV YIELD
Company Overview
3M CENTER,ST PAUL MN 55144-1000,6517331474
CEO
Mr. Michael F. Roman
Employess
85000
Sector
Industrials
Industry
Conglomerates
Website
https://www.3m.com
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.
Next Earnings Date
Oct. 22, 2024
Ex Dividends date
Jun. 12, 2024
Dividend Date
May 23, 2024
YTD Performance
36.17%
Fiscal Year End
12-31
IPO Date
1946-01-14
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | 0.57% | -0.05% | 0.51% | -4.52% |
EPS | -11.04% | -19.03% | -32.75% | -123.70% |
Equity | -12.34% | -13.36% | -28.10% | -67.45% |
Cash | 8.68% | 15.77% | 8.59% | 62.33% |
Return On Capital (ROIC) | 13.81% | 4.99% | 0.78% | -30.44% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 3,170 | 2,200 | 1,570 | 1,060 | 3,040 |
Long Term Debt | 13,700 | 14,000 | 16,100 | 18,000 | 17,500 |
LT Finance Leases | 819 | 261 | 263 | 256 | 247 |
Shares Outstanding | 554 | 566 | 579 | 578 | 577 |
Market Cap | 50,600 | 56,700 | 86,000 | 84,400 | 85,100 |
Price
News
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forbes.comFed Signals Likely Rate Cuts In September: Buy These 3 High-Yield Blue-Chip Stocks Today
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seekingalpha.com3M Appoints New Chief Financial Officer
2 monthsAnurag Maheshwari to join 3M on September 1 ST. PAUL, Minn.
prnewswire.comIs 3M Stock Going to $150? 1 Wall Street Analyst Thinks So.
2 months3M needs to improve its rate of new product introductions. Brown is looking to make substantive operational improvements and review its sprawling portfolio of businesses.
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investorplace.comIs 3M a Great Buy After Stock Bounce?
2 monthsShares of 3M popped after earnings, but there may not be as much good news ahead.
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zacks.comWant $1000 in Passive Income? Invest This Much in 3M Stock
2 months24/7 Wall St. Insights 3M cut the dividend shareholders receive by over 50% in May.
247wallst.comIs 3M Stock a Buy?
2 monthsThe new CEO, William Brown, is candid about the improvements necessary to improve 3M's performance. A combination of improving research & development and operational improvements is vital to generating value for shareholders.
fool.com3M: This Is The Perfect Time To Sell And Take Profits (Rating Downgrade)
2 months3M Co. stock price surged 23% after positive quarterly results and raised profit guidance for 2024. Margin growth and cost-cutting contributed to strong earnings, but the stock is now overbought with RSI at 85.5. Despite positive outlook, 3M's stock is now overvalued at 16x profit multiple, prompting caution and profit-taking.
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2 monthsThe Dow Jones Industrial Average is a laggard in 2024. While other indices roared higher over the first half of the year, the venerable Dow gained only about half of its peers.
investorplace.com