3M Center
St. Paul , MN 55144

News

  • 3M Company declined 1.4% to $132.94 after the diversified industrial company reported its quarterly results. 

    Revenue in the third quarter increased 0.4% to $6.3 billion, net income attributable to shareholders swung to a profit of $1.4 billion from a loss of $2.1 billion, and diluted earnings per share were $2.49 billion compared to a loss of $3.74 a year ago. 

    The company revised its adjusted sales growth outlook to an increase of 1% from the previous estimate between a decline of 0.25% and an increase of 1.75%. 

    The company also estimated More

    Oct 22, 2024

  • 3M declined 6.6% to $100.86 after the company estimated weak current quarter and full-year earnings estimates.

    Revenue i the fourth quarter was flat at $8.0 billion, net income jumped to $945 million from $541 million, and diluted earnings per share rose to $1.70 from 98 cents a year ago. 

    The diversified conglomerate estimated earnings per share in the first quarter between $2.0 and $2.15 and for the full year between $9.35 and $9.75.

    Jan 23, 2024

Executive/
Director

Price

  • Last Close
  • $ 133.13
    $ +1.52 1.15 %
    Aug 29, 2024
  • 52-Week High/Low
  • $133.13 - $85.6
  • YTD
  • 21.8%

  • Trading Volume
  • 153,840
  • Market Cap Full
  • $ 73.5B
  • Shares Outstanding
  • 552.3M
    Sep 30, 2023
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Q1 1% 11.4% 7.8% -6.2% 9.1% -5% 10.9% -15.7% -12.4% -18.8%
Q2 -5.9% 5.8% 9.5% -6.9% -17.9% 4% 3.1% -13.6% -4.8% -1.2%
Q3 -7.5% 1.3% 1.4% 8.5% -6.4% 8% -11.7% -15.6% -6.4% -
Q4 7% 2% 11.2% -9.6% 6.7% 8.5% 1.3% 9.8% 21.2% -
J F M A M J J A S O N D
2024 -13.7% -2.4% -3.5% 4.6% - - - - - - - -
2023 -4.1% -6.4% -2.5% 1.1% -12.1% 7.2% 11.4% -4.3% -12.3% -2.9% 9% 10.4%
    2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
    20%-6%22%35%-17%-8%-1%2%-32%-9%22%

Earnings

2015 2016 2017 2018 2019 2020 2021 2022 2023
Q1 1.85 2.05 2.16 0.98 1.51 2.22 2.77 2.26 1.76
Q2 2.02 2.08 2.58 3.07 1.92 2.22 2.59 0.14 -12.35
Q3 2.05 2.15 2.33 2.58 2.72 2.43 2.45 6.77 -3.74
Q4 1.80 1.88 2.10 2.26 1.66 2.38 2.31 1.01 -
A 7.7 8.2 9.2 8.9 7.8 9.4 10.1 10.2 -14.33

Annual Returns

52 Week
High/Low

Annual
Earnings

Chart

Trading Volume

Dividend +

Dividend +

2019 2020 2021 2022 2023 2024
Q1 1.44 1.47 1.48 1.49 1.50 1.51
Q2 1.44 1.47 1.48 1.49 1.50 17.39
Q3 1.44 1.47 1.48 1.49 1.50 0.70
Q4 1.44 1.47 1.48 1.49 1.50 0.70
A 5.76 5.88 5.92 5.96 6 20.3
2018 2019 2020 2021 2022 2023
Mar 593.7 576.4 575.2 579.7 569.1 551.7
Jun 586.6 575.3 576 578.6 569.6 552
Sep 582.3 575.1 576.8 576.3 552.7 552.3
Dec - - - - - -
Annual

Financial Ratios

20222021202020192018
Asset Management
Inventory / Stock Turnover 3.6 3.8 3.9 4.2 3.8
Fixed Asset Turnover 2.6 2.9 2.7 2.9 3.3
Total Asset Turnover 0.7 0.8 0.7 0.7 0.9
Leverage
Debt Ratio 1 1 1.2 1.4 1
Debt – Equity Ratio 1 1.1 1.4 1.7 1.4
Interest Coverage 8.6 5.1 4 3.9 3.9
Equity multiplier 0.9 0.8 0.9 1.1 1