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3M NYSE:MMM Stock Report

Last Price

US$129.23

Market Cap

US$70.2b

7D

2.4%

1Y

29.7%

Updated

21 Aug, 2024

Data

Company Financials +

Community Narratives

Narratives bring a range of perspectives from our community.

US$128.11
FV
0.9% overvalued intrinsic discount
-7.01%
Revenue growth p.a.
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3 days agoauthor updated this narrative

3M Company Competitors

Price History & Performance

Summary of all time highs, changes and price drops for 3M
Historical stock prices
Current Share PriceUS$129.23
52 Week HighUS$129.99
52 Week LowUS$85.35
Beta1.0
11 Month Change23.11%
3 Month Change29.87%
1 Year Change29.68%
33 Year Change-33.50%
5 Year Change-17.98%
Change since IPO2,105.53%

Recent News & 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

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

CashFlow Hunter On Pair Trading, 3M And Iris Energy

Mar 28

An Intrinsic Calculation For 3M Company (NYSE:MMM) Suggests It's 46% Undervalued

Mar 23
An Intrinsic Calculation For 3M Company (NYSE:MMM) Suggests It's 46% Undervalued

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

Shareholder Returns

MMMUS IndustrialsUS Market
7D2.4%1.7%3.1%
1Y29.7%12.6%24.9%

Return vs Industry: MMM exceeded the US Industrials industry which returned 12.6% over the past year.

Return vs Market: MMM exceeded the US Market which returned 24.9% over the past year.

Price Volatility

Is MMM's price volatile compared to industry and market?
MMM volatility
MMM Average Weekly Movement6.9%
Industrials Industry Average Movement5.5%
Market Average Movement6.3%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market3.2%

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

Volatility Over Time: MMM's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
190285,000Bill Brownwww.3m.com

3M Company provides diversified technology services in the United States and internationally. The company’s 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. Its Transportation and Electronics segment provides ceramic solutions; attachment/bonding products, films, sound, and temperature management for transportation vehicles; premium large format graphic films for advertising and fleet signage; light management films and electronics assembly solutions; packaging and interconnection solutions; semiconductor production materials; data centers solutions; and reflective signage for highway, and vehicle safety.

3M Company Fundamentals Summary

How do 3M's earnings and revenue compare to its market cap?
MMM fundamental statistics
Market capUS$70.15b
Earnings (TTM)US$1.42b
Revenue (TTM)US$32.61b

49.9x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MMM income statement (TTM)
RevenueUS$32.61b
Cost of RevenueUS$18.02b
Gross ProfitUS$14.60b
Other ExpensesUS$13.18b
EarningsUS$1.42b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.59
Gross Margin44.76%
Net Profit Margin4.36%
Debt/Equity Ratio330.5%

How did MMM perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

203%

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 DateAug 26 2024
Dividend Pay DateSep 12 2024
Days until Ex dividend3 days
Days until Dividend pay date20 days

Does MMM pay a reliable dividends?

See MMM dividend history and benchmarks