3M Center
St. Paul , MN 55144
St. Paul , MN 55144
News
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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
Links
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 |
Outstanding Shares
(In Millions) +
Jan 16, 2024
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
SEC Filings
Financial Ratios
2022 | 2021 | 2020 | 2019 | 2018 | ||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |