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3M NYSE:MMM Stock Report

Last Price

US$135.14

Market Cap

US$74.5b

7D

0.3%

1Y

56.1%

Updated

18 Oct, 2024

Data

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US$137.28
FV
1.6% undervalued intrinsic discount
-7.26%
Revenue growth p.a.
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2 days ago author 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$135.14
52 Week HighUS$140.72
52 Week LowUS$85.35
Beta1.0
11 Month Change1.33%
3 Month Change30.04%
1 Year Change56.14%
33 Year Change-25.25%
5 Year Change-18.63%
Change since IPO2,206.39%

Recent News & Updates

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

Recent updates

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

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

Shareholder Returns

MMMUS IndustrialsUS Market
7D0.3%2.0%0.8%
1Y56.1%30.5%38.3%

Return vs Industry: MMM exceeded the US Industrials industry which returned 30.5% over the past year.

Return vs Market: MMM exceeded the US Market which returned 38.3% over the past year.

Price Volatility

Is MMM's price volatile compared to industry and market?
MMM volatility
MMM Average Weekly Movement6.7%
Industrials Industry Average Movement5.5%
Market Average Movement6.2%
10% most volatile stocks in US Market14.8%
10% least volatile stocks in US Market3.0%

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 (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$74.54b
Earnings (TTM)US$1.42b
Revenue (TTM)US$32.61b

52.2x

P/E Ratio

2.3x

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

Oct 22, 2024

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

2.1%

Current Dividend Yield

203%

Payout Ratio