• Conglomerates
  • Industrials
3M Company logo
3M Company
MMM · US · NYSE
125.24
USD
-1.23
(0.98%)
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
Business Segments (Beta)
Geographical Segments (Beta)
News
These 2 Stocks Cut Their Dividends And We're Buying One
2 months

Here's one thing most folks get wrong about dividend cuts: They can (and often do) set up terrific buying opportunities!

forbes.com
Fed Signals Likely Rate Cuts In September: Buy These 3 High-Yield Blue-Chip Stocks Today
2 months

Fed Chairman Jerome Powell hinted at a possible rate cut at the September meeting, reinforcing investor expectations. Powell expresses confidence in achieving a soft landing, as inflation trends towards the 2% target. These are 3 high-yield dividend stocks which should benefit.

seekingalpha.com
3M Appoints New Chief Financial Officer
2 months

Anurag Maheshwari to join 3M on September 1 ST. PAUL, Minn.

prnewswire.com
Is 3M Stock Going to $150? 1 Wall Street Analyst Thinks So.
2 months

3M needs to improve its rate of new product introductions. Brown is looking to make substantive operational improvements and review its sprawling portfolio of businesses.

fool.com
Assess Industrial ETFs Post Q2 Earnings
2 months

Look at Industrial ETFs as companies report mixed Q2 2024 earnings.

zacks.com
3 Dow Stocks That Could Make Your Summer Unforgettable
2 months

The Dow stocks have finally had a chance to out-flex the outperforming, tech-heavy Nasdaq 100 for a change. With value plays, mid-caps, and “boring” blue chips starting to gain steam over their high-flying tech counterparts, the market rally's breadth stands to improve.

investorplace.com
Is 3M a Great Buy After Stock Bounce?
2 months

Shares of 3M popped after earnings, but there may not be as much good news ahead.

fool.com
Investors Heavily Search 3M Company (MMM): Here is What You Need to Know
2 months

Recently, Zacks.com users have been paying close attention to 3M (MMM). This makes it worthwhile to examine what the stock has in store.

zacks.com
Want $1000 in Passive Income? Invest This Much in 3M Stock
2 months

24/7 Wall St. Insights 3M cut the dividend shareholders receive by over 50% in May.

247wallst.com
Is 3M Stock a Buy?
2 months

The 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.com
3M: This Is The Perfect Time To Sell And Take Profits (Rating Downgrade)
2 months

3M 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.

seekingalpha.com
Q3's Rising Stars: 3 Dow Stocks for Your Must-Watch List
2 months

The 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