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3M NYSE:MMM Stock Report

Last Price

US$104.80

Market Cap

US$57.9b

7D

11.4%

1Y

0.5%

Updated

18 Mar, 2024

Data

Company Financials +

MMM Stock Overview

3M Company provides diversified technology services in the United States and internationally.

MMM fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends5/6

3M Company Competitors

Price History & Performance

Summary of all time highs, changes and price drops for 3M
Historical stock prices
Current Share PriceUS$104.80
52 Week HighUS$113.14
52 Week LowUS$85.35
Beta1
1 Month Change14.85%
3 Month Change-1.36%
1 Year Change0.47%
3 Year Change-44.69%
5 Year Change-48.43%
Change since IPO1,688.59%

Recent News & Updates

3M Stock: Outlook For This Dividend Stock After Post-Earnings Dip

Feb 27

Recent updates

3M Stock: Outlook For This Dividend Stock After Post-Earnings Dip

Feb 27

3M: A Dividend Cut Is Needed To Boost Price Recovery

Feb 02

3M Company's (NYSE:MMM) Business Is Yet to Catch Up With Its Share Price

Jan 29
3M Company's (NYSE:MMM) Business Is Yet to Catch Up With Its Share Price

3M: Weak Outlook Sends Shares Lower

Jan 23

3M: Not The Time To Buy Just Yet

Jan 01

These Return Metrics Don't Make 3M (NYSE:MMM) Look Too Strong

Dec 27
These Return Metrics Don't Make 3M (NYSE:MMM) Look Too Strong

Calculating The Fair Value Of 3M Company (NYSE:MMM)

Dec 12
Calculating The Fair Value Of 3M Company (NYSE:MMM)

3M: Stock Stabilizing, Remains Undervalued With Strong Free Cash Flow

Nov 30

3M: Back To 15Y Lows - Buy The Uncertainty

Oct 29

Is 3M Company Stock A Buy Amid Legal Headaches

Oct 23

3M At 5-Year Lows Due To Pullback From Lawsuits

Oct 16

3M: A 7%-Yielding, 30% Undervalued Dumpster Fire

Sep 29

Why CashFlow Hunter Is Short 3M And Long Iris Energy

Sep 12

3M: Record Low Price/FCF, Litigation Pessimism Priced In, Technical Risks

Aug 27

3M (NYSE:MMM) Seems To Use Debt Quite Sensibly

Aug 24
3M (NYSE:MMM) Seems To Use Debt Quite Sensibly

3M Company: Soaring On Earnings

Jul 26

3M Company: I Replaced A Loser With These 3 Leaders

Jul 11

Is 3M Company (NYSE:MMM) Trading At A 33% Discount?

Jul 06
Is 3M Company (NYSE:MMM) Trading At A 33% Discount?

3M: The 6% Yield Might Be Doomed, So Buy These Blue-Chips Instead

Jun 27

3M Bull/Bear Thesis With CashFlow Hunter And Brett Ashcroft Green

Jun 21

2 Reasons To Sell 3M Stock Despite The 'Good' News

Jun 12

What Does 3M Company's (NYSE:MMM) Share Price Indicate?

Jun 09
What Does 3M Company's (NYSE:MMM) Share Price Indicate?

3M: Positive Lawsuit Developments For This Cheap Dividend King

Jun 03

3M: A 6% Yield With Strong Free Cash Flow, Shares At Long-Term Support

May 26

3M (NYSE:MMM) Will Be Hoping To Turn Its Returns On Capital Around

May 26
3M (NYSE:MMM) Will Be Hoping To Turn Its Returns On Capital Around

These 4 Measures Indicate That 3M (NYSE:MMM) Is Using Debt Reasonably Well

May 03
These 4 Measures Indicate That 3M (NYSE:MMM) Is Using Debt Reasonably Well

An Intrinsic Calculation For 3M Company (NYSE:MMM) Suggests It's 32% Undervalued

Apr 04
An Intrinsic Calculation For 3M Company (NYSE:MMM) Suggests It's 32% Undervalued

Taking A Deep Dive Into 3M's Capital Allocation

Feb 22

Shareholder Returns

MMMUS IndustrialsUS Market
7D11.4%1.9%0.5%
1Y0.5%25.7%29.0%

Return vs Industry: MMM underperformed the US Industrials industry which returned 25.7% over the past year.

Return vs Market: MMM underperformed the US Market which returned 29% over the past year.

Price Volatility

Is MMM's price volatile compared to industry and market?
MMM volatility
MMM Average Weekly Movement4.6%
Industrials Industry Average Movement4.0%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: MMM has not had significant price volatility in the past 3 months.

Volatility Over Time: MMM's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
190285,000Mike Romanhttps://www.3m.com

3M Company provides diversified technology services in the United States and internationally. The company 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.

3M Company Fundamentals Summary

How do 3M's earnings and revenue compare to its market cap?
MMM fundamental statistics
Market capUS$57.92b
Earnings (TTM)-US$6.99b
Revenue (TTM)US$32.68b

1.8x

P/S Ratio

-8.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MMM income statement (TTM)
RevenueUS$32.68b
Cost of RevenueUS$18.38b
Gross ProfitUS$14.31b
Other ExpensesUS$21.30b
Earnings-US$6.99b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-12.66
Gross Margin43.77%
Net Profit Margin-21.40%
Debt/Equity Ratio331.2%

How did MMM perform over the long term?

See historical performance and comparison

Dividends

5.8%

Current Dividend Yield

-48%

Payout Ratio
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