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3M Co
Previous close
$125.85
Day range
$124.83 - $126.40
Year range
$75.65 - $141.34
Market cap
68.51B USD
Avg Volume
3.70M
P/E ratio
15.94
Dividend yield
2.22%
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 6.29B | 0.38% |
Operating expense | 1.32B | -6.20% |
Net income | 1.37B | 166.12% |
Net profit margin | 21.80 | 165.88% |
Earnings per share | 1.98 | -26.12% |
EBITDA | 1.66B | -1.66% |
Effective tax rate | 20.19% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 7.30B | 39.94% |
Total assets | 40.88B | -17.63% |
Total liabilities | 36.18B | -19.40% |
Total equity | 4.69B | — |
Shares outstanding | 544.56M | — |
Price to book | 14.77 | — |
Return on assets | 8.01% | — |
Return on capital | 18.56% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 1.37B | 166.12% |
Cash from operations | -1.79B | -193.56% |
Cash from investing | -1.20B | -319.51% |
Cash from financing | -1.08B | -54.12% |
Net change in cash | -4.03B | -557.26% |
Free cash flow | -2.57B | -146.00% |
About
3M Company is an American multinational conglomerate operating in the fields of industry, worker safety, and consumer goods. The company produces over 60,000 products under several brands, including adhesives, abrasives, laminates, passive fire protection, personal protective equipment, window films, paint protection film, electrical, electronic connecting, insulating materials, car-care products, electronic circuits, and optical films. It is based in Maplewood, a suburb of Saint Paul, Minnesota.
3M made $35.4 billion in total sales in 2021 and ranked number 102 in the Fortune 500 list of the largest United States corporations by total revenue. As of 2021, the company had approximately 95,000 employees and operations in more than 70 countries. There are a few international subsidiaries, such as 3M India, 3M Japan, and 3M Canada.
In June 2023, 3M reached a settlement to pay more than $10 billion to US public water systems to resolve claims over the company's contamination of water with PFASs. It has been revealed that the company knew of the health harms of PFAS in the 1990s, yet concealed these harms and continues to sell contaminated products. Wikipedia
Founded
Jun 13, 1902
Headquarters
Website
Employees
85,000