3M Future Growth

Future criteria checks 4/6

3M's revenue is forecast to decline at 5.6% per annum while its annual earnings are expected to grow at 21.4% per year. EPS is expected to grow by 22.5% per annum. Return on equity is forecast to be 71.3% in 3 years.

Key information

21.4%

Earnings growth rate

22.5%

EPS growth rate

Industrials earnings growth8.1%
Revenue growth rate-5.6%
Future return on equity71.3%
Analyst coverage

Good

Last updated01 Oct 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

WBAG:MMM - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202625,2784,5313,7145,4859
12/31/202524,5374,1653,6655,27516
12/31/202423,8283,7993,9585,35316
6/30/202432,6141,4234,2775,684N/A
3/31/202432,642-6,9524,6576,172N/A
12/31/202332,681-6,9955,0656,680N/A
9/30/202328,729-8,0434,8536,616N/A
6/30/202329,036-2,1094,4446,237N/A
3/31/202331,4555,1404,0555,855N/A
12/31/202234,2295,7773,8425,591N/A
9/30/202234,7626,5753,8755,674N/A
6/30/202235,0854,1504,3106,017N/A
3/31/202235,3335,5965,0606,777N/A
12/31/202135,3555,9215,8517,454N/A
9/30/202135,3265,9876,4957,964N/A
6/30/202134,7345,9837,0768,570N/A
3/31/202132,9605,7657,1098,588N/A
12/31/202032,1845,4496,6128,113N/A
9/30/202031,7125,0136,3197,936N/A
6/30/202031,3535,1665,8807,478N/A
3/31/202032,3484,9875,5957,235N/A
12/31/201932,1364,5175,3717,070N/A
9/30/201931,9704,9485,2986,990N/A
6/30/201932,1314,9085,3877,107N/A
3/31/201932,3505,6385,6807,344N/A
12/31/201832,7655,3494,8626,439N/A
9/30/201832,8104,5254,5366,041N/A
6/30/201832,8304,4114,1995,652N/A
3/31/201832,2504,137N/A5,395N/A
12/31/201731,6574,858N/A6,240N/A
9/30/201730,9965,490N/A6,589N/A
6/30/201730,5335,390N/A6,747N/A
3/31/201730,3855,098N/A6,390N/A
12/31/201630,1095,050N/A6,662N/A
9/30/201630,0784,933N/A6,791N/A
6/30/201630,0814,900N/A6,547N/A
3/31/201630,1054,909N/A6,600N/A
12/31/201530,2744,833N/A6,420N/A
9/30/201530,6954,974N/A6,265N/A
6/30/201531,1204,981N/A6,312N/A
3/31/201531,5684,948N/A6,614N/A
12/31/201431,8214,956N/A6,626N/A
9/30/201431,6714,880N/A6,436N/A
6/30/201431,4504,807N/A5,876N/A
3/31/201431,0684,737N/A5,915N/A
12/31/201330,8714,659N/A5,817N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MMM's forecast earnings growth (21.4% per year) is above the savings rate (1.2%).

Earnings vs Market: MMM's earnings (21.4% per year) are forecast to grow faster than the Austrian market (7.4% per year).

High Growth Earnings: MMM's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MMM's revenue is expected to decline over the next 3 years (-5.6% per year).

High Growth Revenue: MMM's revenue is forecast to decline over the next 3 years (-5.6% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MMM's Return on Equity is forecast to be very high in 3 years time (71.3%).


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