3M Company

NYSE:MMM Stock Report

Market Cap: US$82.4b

3M Past Earnings Performance

Past criteria checks 1/6

3M's earnings have been declining at an average annual rate of -27.3%, while the Industrials industry saw earnings growing at 1.4% annually. Revenues have been declining at an average rate of 5.1% per year. 3M's return on equity is 98.1%, and it has net margins of 18%.

Key information

-27.34%

Earnings growth rate

-26.71%

EPS growth rate

Industrials Industry Growth47.20%
Revenue growth rate-5.05%
Return on equity98.08%
Net Margin18.03%
Last Earnings Update31 Mar 2025

Recent past performance updates

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

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
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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

Revenue & Expenses Breakdown

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

Earnings and Revenue History

NYSE:MMM Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2524,5134,4204,8421,111
31 Dec 2424,5754,0094,9071,070
30 Sep 2432,6385,3226,4081,762
30 Jun 2432,6141,4237,2921,760
31 Mar 2424,571-8,3594,2471,074
31 Dec 2324,610-8,4024,3121,123
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 2226,1614,0135,6991,160
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

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

Growing Profit Margin: MMM became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MMM's earnings have declined by 27.3% per year over the past 5 years.

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

Earnings vs Industry: MMM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Industrials industry (5.1%).

Return on Equity

High ROE: Whilst MMM's Return on Equity (98.08%) 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 Analysis2025/05/19 10:44
End of Day Share Price 2025/05/19 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