3M Company

BASE:MMMD Stock Report

Market Cap: US$68.4b

3M Past Earnings Performance

Past criteria checks 1/6

3M's earnings have been declining at an average annual rate of -31.8%, while the Industrials industry saw earnings growing at 17.1% annually. Revenues have been declining at an average rate of 0.5% per year. 3M's return on equity is 113.7%, and it has net margins of 16.3%.

Key information

-31.8%

Earnings growth rate

-31.6%

EPS growth rate

Industrials Industry Growth14.3%
Revenue growth rate-0.5%
Return on equity113.7%
Net Margin16.3%
Last Earnings Update30 Sep 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How 3M makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BASE:MMMD Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2432,6385,3226,4081,762
30 Jun 2432,6141,4237,2921,760
31 Mar 2432,642-6,9526,5461,761
31 Dec 2332,681-6,9956,6111,810
30 Sep 2326,687-8,4953,3751,282
30 Jun 2329,036-2,1094,1621,479
31 Mar 2331,4555,1405,9681,675
31 Dec 2234,2295,7776,6921,862
30 Sep 2234,7626,5758,4501,889
30 Jun 2235,0854,1508,2201,908
31 Mar 2235,3335,5966,9071,937
31 Dec 2135,3555,9216,8121,994
30 Sep 2135,3265,9876,8211,945
30 Jun 2134,7345,9836,7611,926
31 Mar 2132,9605,7656,6741,845
31 Dec 2032,1845,4496,6671,862
30 Sep 2031,7125,0136,7301,911
30 Jun 2031,3535,1666,5101,893
31 Mar 2032,3484,9876,5161,934
31 Dec 1932,1364,5176,8931,874
30 Sep 1931,9704,9486,2181,821
30 Jun 1932,1314,9086,3291,808
31 Mar 1932,3505,6386,4571,807
31 Dec 1832,7655,3496,5271,816
30 Sep 1832,8104,5256,5931,820
30 Jun 1832,8304,4116,6061,858
31 Mar 1832,2504,1376,5361,872
31 Dec 1731,6574,8586,4931,862
30 Sep 1730,9965,4906,3731,843
30 Jun 1730,5335,3906,3631,802
31 Mar 1730,3855,0986,3431,761
31 Dec 1630,1095,0506,1151,764
30 Sep 1630,0784,9336,1001,735
30 Jun 1630,0814,9006,0991,737
31 Mar 1630,1054,9096,0491,738
31 Dec 1530,2744,8336,1671,751
30 Sep 1530,6954,9746,2381,766
30 Jun 1531,1204,9816,3051,771
31 Mar 1531,5684,9486,4011,781
31 Dec 1431,8214,9566,4691,770
30 Sep 1431,6714,8806,4511,772
30 Jun 1431,4504,8076,4631,758
31 Mar 1431,0684,7376,4271,737
31 Dec 1330,8714,6596,3841,715

Quality Earnings: MMMD has a high level of non-cash earnings.

Growing Profit Margin: MMMD became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MMMD's earnings have declined by 31.8% per year over the past 5 years.

Accelerating Growth: MMMD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: MMMD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Industrials industry (-16.3%).

Return on Equity

High ROE: Whilst MMMD's Return on Equity (113.74%) is outstanding, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 12:15
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

3M Company is covered by 37 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John EadeArgus Research Company
Ishan MajumdarBaptista Research
Robert CornellBarclays