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MMM logo

3M NYSE:MMM Stock Report

Last Price

US$148.35

Market Cap

US$80.5b

7D

0.5%

1Y

48.1%

Updated

30 May, 2025

Data

Company Financials +

3M Company

NYSE:MMM Stock Report

Market Cap: US$80.5b

MMM Stock Overview

Provides diversified technology services in the Americas, the Asia Pacific, Europe, the Middle East, Africa, and internationally. More details

MMM fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance1/6
Financial Health2/6
Dividends2/6

Rewards

Trading at 15.5% below our estimate of its fair value

Became profitable this year

Risk Analysis

High level of non-cash earnings

Debt is not well covered by operating cash flow

Dividend of 1.97% is not well covered by free cash flows


Community vs My Fair Value

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MMM logo
3M
AN
AnalystConsensusTarget
Consensus Narrative from 18 Analysts

215 New Products And Commercial Excellence Will Create Future Efficiency

Key Takeaways New product launches and commercial excellence are expected to drive revenue growth and improve net margins. Operational and strategic initiatives enhance efficiency, mitigate cost pressures, and support earnings and share value increase.
View narrative
US$148.20
FV
0.1% overvalued intrinsic discount
1.72%
Revenue growth p.a.
2users have liked this narrative
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151users have followed this narrative
3 days ago author updated this narrative
MMM logo
3M
AN
AnalystLowTarget
Consensus Narrative from 18 Analysts

Tariff Uncertainty And Weak Demand Will Limit And Spur Efficiency

Key Takeaways Tariff uncertainties between the U.S. and China risk compressing 3M's net margins and impacting earnings despite mitigation attempts. Weakness in automotive and electronics markets, coupled with stagnant segment performance, may hinder 3M's revenue and earnings growth.
View narrative
US$100.00
FV
48.4% overvalued intrinsic discount
-0.65%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
3 days ago author updated this narrative
MMM logo
3M
AN
AnalystHighTarget
Consensus Narrative from 18 Analysts

New Products And Secular Trends Will Shape Tomorrow

Key Takeaways Aggressive innovation, operational discipline, and portfolio realignment position 3M for superior growth, margin expansion, and resilience amid rapid shifts in end-market demand and global trends. Focus on high-margin sectors, continuous R&D, and robust intellectual property underpins long-term competitive differentiation, predictable earnings, and stable shareholder returns.
View narrative
US$184.00
FV
19.4% undervalued intrinsic discount
2.75%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
17 days ago author updated this narrative
View 3M Community

3M Company Competitors

Price History & Performance

Summary of share price highs, lows and changes for 3M
Historical stock prices
Current Share PriceUS$148.35
52 Week HighUS$156.35
52 Week LowUS$97.42
Beta1.08
1 Month Change6.80%
3 Month Change-4.36%
1 Year Change48.14%
3 Year Change1.63%
5 Year Change-11.39%
Change since IPO2,431.84%

Recent News & Updates

Recent updates

3M: Multiple Expansion Amidst Turnaround Success

Mar 11

3M: More Upside Ahead - But Wait For A Moderate Retracement

Feb 07

3M Is Structurally Shifting For Durable Growth

Jan 23

Downgrading 3M Due To Persistent Litigation Risks And Stagnant Sales Growth

Jan 06

One Of JPMorgan's Value Picks For 2025, 3M Could Have A Bright Year Ahead

Dec 30

3M: Seems A Bit Too Expensive Considering The Slow Growth

Nov 25

3M: Multiple Expansion But Problems Linger

Oct 24

Is 3M (NYSE:MMM) A Risky Investment?

Oct 16
Is 3M (NYSE:MMM) A Risky Investment?

3M's Transformation Uncertain: A Wait-And-See Approach

Oct 01

3M: A Bright Future, But Shares Hit Fair Value Amid Strong Momentum (Rating Downgrade)

Aug 30

Optimistic Investors Push 3M Company (NYSE:MMM) Shares Up 26% But Growth Is Lacking

Aug 24
Optimistic Investors Push 3M Company (NYSE:MMM) Shares Up 26% But Growth Is Lacking
author-image

Restructuring And Critical Shifts Poised To Transform Operational Efficiencies And Net Margins

Restructuring and focusing on high-growth areas like auto electrification and climate tech are set to drive margin expansions and top-line growth.

Statutory Profit Doesn't Reflect How Good 3M's (NYSE:MMM) Earnings Are

Aug 02
Statutory Profit Doesn't Reflect How Good 3M's (NYSE:MMM) Earnings Are

3M's New CEO Spills The Beans

Aug 01

3M: Near-Term Growth Looks Limited, But A Fresh Start Is Welcome (Upgrade)

Jul 18

3M: A Dividend Cutter With A Strong Buy Rating

Jul 02

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

Jul 01
3M Company's (NYSE:MMM) Business Is Yet to Catch Up With Its Share Price

3M Company: Solventum Spinoff Creates More Upside Potential

Jun 17

3M: Huge Risks And No Growth, Why Bother?

Jun 03

3M Stock: Dividend Likely Cut In Half

May 01

Shareholder Returns

MMMUS IndustrialsUS Market
7D0.5%1.4%1.7%
1Y48.1%19.8%11.5%

Return vs Industry: MMM exceeded the US Industrials industry which returned 19.8% over the past year.

Return vs Market: MMM exceeded the US Market which returned 11.5% over the past year.

Price Volatility

Is MMM's price volatile compared to industry and market?
MMM volatility
MMM Average Weekly Movement6.1%
Industrials Industry Average Movement6.7%
Market Average Movement7.9%
10% most volatile stocks in US Market17.2%
10% least volatile stocks in US Market4.1%

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

Volatility Over Time: MMM's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
190261,500Bill Brownwww.3m.com

3M Company provides diversified technology services in the Americas, the Asia Pacific, Europe, the Middle East, Africa, and internationally. It operates through three segments: Safety and Industrial, Transportation and Electronics, and Consumer. The Safety and Industrial segment offers industrial abrasives and finishing for metalworking applications; autobody repair solutions; industrial specialty products, such as 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$80.53b
Earnings (TTM)US$4.42b
Revenue (TTM)US$24.51b
18.1x
P/E Ratio
3.3x
P/S Ratio

Is MMM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MMM income statement (TTM)
RevenueUS$24.51b
Cost of RevenueUS$14.41b
Gross ProfitUS$10.10b
Other ExpensesUS$5.68b
EarningsUS$4.42b

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)8.21
Gross Margin41.21%
Net Profit Margin18.03%
Debt/Equity Ratio299.4%

How did MMM perform over the long term?

See historical performance and comparison

Dividends

2.0%
Current Dividend Yield
35%
Payout Ratio

Does MMM pay a reliable dividends?

See MMM dividend history and benchmarks
When do you need to buy MMM by to receive an upcoming dividend?
3M dividend dates
Ex Dividend DateMay 23 2025
Dividend Pay DateJun 12 2025
Days until Ex dividend9 days
Days until Dividend pay date11 days

Does MMM pay a reliable dividends?

See MMM dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/30 10:06
End of Day Share Price 2025/05/30 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

3M Company is covered by 38 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