Breaking News
Get 40% Off 0
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list
Close

3M Company (MMM)

Create Alert
New!
Create Alert
Website
  • As an alert notification
  • To use this feature, make sure you are signed-in to your account
Mobile App
  • To use this feature, make sure you are signed-in to your account
  • Make sure you are signed-in with the same user profile

Condition

Frequency

Once
%

Frequency

Frequency

Delivery Method

Status

Add to/Remove from Watchlist Add to Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
86.07 +0.93    +1.09%
11:35:48 - Closed. Currency in EUR ( Disclaimer )
Type:  Equity
Market:  Germany
ISIN:  US88579Y1010 
WKN:  851745
  • Volume: 3,487
  • Bid/Ask: 86.09 / 86.07
  • Day's Range: 85.20 - 86.58
3M 86.07 +0.93 +1.09%

NYSE:MMM Financials

 
A brief overview of the NYSE:MMM financials. This summary provides an overview of the most significant critical numbers from each of its financial reports, including the income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health. Users can select to view data from four periods of either annual or quarterly information, allowing them to track financial performance of 3M over time.

3M Company reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 32,681 million compared to USD 34,229 million a year ago. Net loss was USD 6,995 million compared to net income of USD 5,777 million a year ago. Basic loss per share from continuing operations was USD 12.63 compared to basic earnings per share from continuing operations of USD 10.21 a year ago. Diluted loss per share from continuing operations was USD 12.63 compared to diluted earnings per share from continuing operations of USD 10.18 a year ago.

AnnualQuarterly  
InvestingPro Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

MMM Income Statement

Gross margin TTM 43.77%
Operating margin TTM 18%
Net Profit margin TTM -21.4%
Return on Investment TTM 17.8%
 Total Revenue  Net Income
Period Ending: Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023
Total Revenue 8013 8312 8325 8031
Gross Profit 3369 3736 3766 3434
Operating Income 1013 1735 1710 1324
Net Income 945 -2075 -6841 976

MMM Balance Sheet

Quick Ratio MRQ 0.7
Current Ratio MRQ 1.07
LT Debt to Equity MRQ 274.1%
Total Debt to Equity MRQ 352.44%
 Total Assets  Total Liabilities
Period Ending: Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023
Total Assets 50580 49621 48880 46886
Total Liabilities 45712 44890 41023 31535
Total Equity 4868 4731 7857 15351

MMM Cash Flow Statement

Cash Flow/Share TTM 12.09
Revenue/Share TTM 59.17
Operating Cash Flow  12.98%
 Cash  Net Change in Cash
Period Ending: Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities 1986 1910 1509 1275
Cash From Investing Activities -301 -287 -233 -386
Cash From Financing Activities -924 -704 -803 -716
Net Change in Cash 793 882 434 169
* In Millions of USD (except for per share items)
InvestingPro
Go to Dashboard InvestingPro

Unlock access to over 1000 metrics with InvestingPro

View advanced insights on financial statements, including growth rates and metrics that provide an in-depth view of the company's historical and forecasted financial performance.

 
Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

MMM Comments

Write your thoughts about 3M Co
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
David Griggs
David Griggs Apr 02, 2024 12:56PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Opinion in MMM is changing. Edward Jones just listed it as a "Sell", downgraded from "Hold". Me, I like MMM. And am extremely long on them. There is a new CEO. Any new CEO or other offices and executive team wants share prices to tank.....especially if options or stock awards are part of their compensation package. Options to buy are usually good for 5-10 years and then expire.....so on or about May9th, 2024 nice of the directors of MMM's board will get options.....they want the stock low for a few years and then will bring it back up.....as far a lawsuits, I am pretty sure they have one of the best legal teams money can buy.....bad news will be released for the foreseeable future.....and then boom! Good news will come along just before the first set of options expires and there will be a huge jump in stock price. Or I could be wrong and MMM will go the way of GE, and a once Titan of industry will be destroyed. Remember kids, Buy low, sell high high, ride the dividend wave, and only take long term capital gains.
LitoBec Vlad
LitoBec Vlad Apr 02, 2024 12:56PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Great comment 👍 I personally think during this year market will make correction, and it will of course affect 3M too, so it's too early to buy
Donnie Pangborn
Donnie Pangborn Apr 02, 2024 12:56PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
my target is 125 over the next 4 years.
Bulls MakeMore
Bulls MakeMore Apr 01, 2024 3:17PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Did this split???
david lee
david lee Apr 01, 2024 10:26AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
did you get 1 solv stock per 4mmm?
Ricardo Fernandes
Ricardo Fernandes Apr 01, 2024 10:26AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
yes
Mika Salminen
Mika Salminen Apr 01, 2024 5:04AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
what ?
Carlo Codevilla
Carlo Codevilla Apr 01, 2024 5:04AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Spin-off of Solventum
Nawab Khan
Nawab Khan Mar 31, 2024 12:43AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
na12
Luis Stone
Luis Stone Mar 19, 2024 11:41AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Should close the Gap back to 95$
타 툴
타 툴 Mar 19, 2024 11:41AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Because you lost money?
Don DD
Don DD Mar 19, 2024 11:41AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
There is no gap on the week-chart. Dont be so scared
Gheorghe Holodenco
Gheorghe Holodenco Mar 16, 2024 6:56AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
why payout ratio is negativ?
Ro Ka
Ro Ka Mar 12, 2024 3:11PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Finally, it's looking good.
Joseph Dennis
Joseph Dennis Feb 29, 2024 11:05AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
why is it a sell?
Meru Pet
Meru Pet Feb 29, 2024 11:05AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
are you wearing earplugs?
Juan Sanchez Saucea
Juan Sanchez Saucea Feb 23, 2024 10:10AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
What It Means Has raised its dividend for 53 consecutive years When a company has raised its dividend for a number of consecutive years, it demonstrates a consistent commitment to returning capital to shareholders. This consistent increase in dividends is a sign of the company's financial health and stability. It also suggests that the company has confidence in its future earnings growth. This can be seen as a positive or bullish signal for investors, particularly those seeking regular income from their investments. Consistent Returns: A track record of consistently raising dividends shows that the company is committed to providing regular returns to its shareholders. Financial Stability: The ability to consistently increase dividends over time is often a sign of a company's financial stability. It suggests that the company is generating sufficient profits to not only maintain but increase the dividends it pays to shareholders. Bullish Indicator: A consistent increase in dividends can
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email