Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative

Research and development

Gain on sale of businesses

Goodwill impairment expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

From sponges to dishwands and scour pads, ocelo products add a sparkle to kitchens through new and seasonal designs. In bringing style to unexpected parts of the kitchen, we like to believe we're spreading inspiration for all things everyday. No object or space is too small for consideration. So c'mon… give it a sparkle.

ocelo

Scotch Tape is a brand name used for pressure-sensitive tapes manufactured by 3M as part of the company's Scotch brand. Their magnetic recording tape products were also sold under the Scotch brand.

Scotch Tape

Command(TM) Clear Hooks are fast and easy to hang! Uses revolutionary Command(TM) Clear Adhesive Strip to hold strongly on a variety of surfaces, including paint, wood, tile and more. Removes cleanly - no holes or sticky residue. Rehanging them is as easy as applying a Command(TM) Clear Refill Strip, so you can take down, move and reuse them again and again! Contains 2 medium hooks and 3 medium clear strips. Holds up to 2 pounds.

Command

3M Co. is a technology company, which manufactures industrial, safety, and consumer products. It operates through the following segments: Safety and Industrial, Transportation and Electronics, Health Care, Consumer, and Corporate and Unallocated. The Safety and Industrial segment consists of personal safety, industrial adhesives and tapes, abrasives, closure and masking systems, electrical markets, automotive aftermarket, and roofing granules. The Transportation and Electronics segment includes electronics, automotive and aerospace, commercial solutions, advanced materials, and transportation safety. The Health Care segment offers medical and surgical supplies, skin health and infection prevention products, oral care solutions, separation and purification sciences, health information systems, inhalation and transdermal drug delivery systems, and food safety products. The Consumer segment covers consumer healthcare, home care, home improvement, and stationery and office products, such as consumer bandages, braces, supports, respirators, cleaning products, retail abrasives, picture hanging, and consumer air quality solutions. The Corporate and Unallocated segment refers to special items and other corporate expense-net. The company was founded by Henry S. Bryan, Hermon W. Cable, John Dwan, William A. McGonagle, and J. Danley Budd in 1902 and is headquartered in St. Paul, MN.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

3M reports Q4 decline, focuses on innovation and cost efficiencies

3M's Q4 2022 performance saw declines in total sales but strong cost controls and inventory improvements, positioning the company for a focused 2023 outlook.
Despite challenges from inflation and market headwinds, 3M remains resilient through innovation, pricing actions, and strategic restructuring efforts.
Opportunities lie in consumer business improvements, market monitoring for pricing adjustments, and leveraging innovation to navigate industry shifts and drive growth.

3M plans workforce reduction and restructuring to drive growth

3M is taking strategic actions to improve performance through cost reduction and restructuring efforts. Despite challenges in certain markets, the company remains focused on high-growth opportunities and margin expansion post-restructuring. Leadership changes and a healthcare spin-off are part of 3M's growth strategies moving forward.

3M reports Q2 earnings in line with guidance, focuses on strategic priorities

3M navigated challenges with mixed performance but focused on strategic priorities. Confidence in pricing strategy and progress in restructuring and supply chain. Expectations for improvements in inflationary headwinds and Health Care business outlook.

3M reports solid Q3 earnings, eyes electronics market stabilization

3M delivered a solid performance in Q3, navigating challenges in consumer and electronics markets while capitalizing on strengths in automotive OEM business and Health Care segment progress. The company remains focused on proactive cost control, margin improvement, and cash conversion, with a positive outlook on the electronics market stabilization and potential growth in 2024.

3M reports robust Q4 performance and outlines strategic 2024 outlook

3M's Q4 2023 performance was strong, exceeding expectations despite challenges in organic sales and legal matters. The company's strategic focus on restructuring, margin expansion, and portfolio optimization positions it well for 2024. Opportunities for growth and efficiency through digital investments and supply chain optimization are key focus areas.

3M reports strong Q1 earnings, eyes growth in electronics market

3M's Q1 2024 performance reflects financial stability, growth post spin-off, and strategic focus on key markets and operational improvements.
While facing challenges in consumer sales and mixed industrial market outlook, the company is leveraging opportunities in electronics growth and market expansion.
With a strong capital allocation strategy, progress on PFAS transition, and focus on shareholder returns, 3M aims for sustainable growth and profitability.

3M excels in Q2 with 40% EPS growth and strategic focus on innovation and operational efficiency

3M's Q2 performance reflects strong financials and operational efficiency. The company's strategic focus on innovation, pricing, and portfolio optimization positions it for long-term growth. Challenges in consumer spending and operational factors require attention, while opportunities in lean practices, market expansion, and innovation are key for future success.

3M (MMM) reports strong Q3 earnings, focuses on growth strategies

3M's Q3 performance reflects growth in EPS, revenue, and operational margins, with raised full-year guidance.
Efforts to enhance operational efficiency, customer service, and shareholder value are key strengths.
Challenges in supply chain management and forecast accuracy require analytical tools and strategic portfolio adjustments.
Opportunities lie in consistent growth, R&D advancements, and leveraging technology for market differentiation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

It's far from clear where the economy is heading in 2025, but that isn't the sole focus of investors in 3M (MMM 0.13%). Instead, they're most likely hoping that CEO Bill Brown's plans to rejuvenate the company's fortunes will significantly release shareholder value.

Here's My Top Value Stock to Buy for 2025

MMM's strategic focus on high-growth markets and improved balance sheet health justify an upgrade to Buy, thanks to the recent sideways trading. The company's raised FY2024 guidance and potential to outperform these numbers based on YTD outperformance, underscore a promising growth trajectory. MMM's valuations appear compelling with a FWD P/E of 17.71x, with an upward re-rating nearer to its peers potentially triggering a double-digit capital appreciation.

MMM Is Finally Compelling, Warranting An Upgrade To Buy

Amgen

Boeing

Salesforce

Cisco Systems

Chevron

Disney

Goldman Sachs

Home Depot

Johnson & Johnson

JPMorgan Chase & Co

Coca-Cola

McDonald's

Merck

Microsoft

NVIDIA

Procter & Gamble

UnitedHealth Group

Verizon

Verizon Communications is the only Dow Dog meeting the ideal of annual dividends from $1K invested, exceeding the single share price. Analysts forecast 11.36% to 31.73% net gains from the top ten Dow Dogs by January 2026, with Merck leading at $313.37. A market correction of 82% could make all top ‘safer' Dow dividend dogs fair-priced, with dividends from $1K invested meeting or exceeding share prices.

January Dow Dogs: 1 'Safer' Buy, And 5 With Promise

After years of underperformance, 3M (MMM -0.81%) stock delivered a respectable performance to investors in 2024 -- gaining some 17%. But what will 2025 bring?

Is 3M a Top Stock to Buy for 2025?

Dublin, Dec. 24, 2024 (GLOBE NEWSWIRE) -- The "Australia Personal Protective Equipment Market Outlook to 2033 - Gloves, Gowns, Masks, Shoe Covers and Others" report has been added to ResearchAndMarkets.com's offering. The comprehensive databook report covers key market data on the Australia Personal Protective Equipment market. The databook report provides value (USD), volume (units) and average prices (USD) within market segments - Examination Table Papers, Face Shields, Gloves, Gowns, Masks, and Shoe Covers The Australia Personal Protective Equipment Market report provides key information and data on:

Australia Personal Protective Equipment Market Outlook Report 2024-2033 Featuring Medline Industries, Molnlycke Health Care, Ansell, and 3M

Shares in Tiger Royalties and Investments Plc doubled in value following the announcement of a strategic acquisition, a £3 million fundraising, and plans to expand its investing policy. The company will acquire Bixby Technology Inc.

Tiger Royalties shares surge 50% on acquisition and £3m fundraising plan

AbbVie

Archer-Daniels-Midland Company

Albemarle

Amcor Plc

Air Products and Chemicals

Atmos Energy

Franklin Resources

C.H. Robinson Worldwide

Con Ed

Federal Realty Investment Trust

Hormel Foods

Kenvue

Medtronic

NextEra Energy

Realty Income Corp

PepsiCo

J. M. Smucker

Stanley Black & Decker

T. Rowe Price Group

Exxon Mobil

Buy 1 December Aristocrat Of 67 From 38 With 'Safer' Dividends

MMM is strategically positioned, leveraging its strong foothold in key end markets amid certain challenges.

3M Company Rises 29.8% in 6 Months: What Should Investors Do?

ST. PAUL, Minn. , Dec. 10, 2024 /PRNewswire/ -- 3M (NYSE: MMM) today announced the following investor event: 3M 2025 Investor Day to be held at 3M's global headquarters in St. Paul, Minnesota, on Wednesday, Feb. 26, 2025, starting at 8:00 a.m.

3M Announces Upcoming 2025 Investor Day

3M Company (NYSE:MMM ) Goldman Sachs Industrials and Materials Conference Call December 5, 2024 8:40 AM ET Company Participants Bill Brown - Chief Executive Officer Anurag Maheshwari - Executive Vice President & Chief Financial Officer Conference Call Participants Joe Ritchie - Goldman Sachs Joe Ritchie All right. We're ready to kick it off with the second track today.

3M Company (MMM) Goldman Sachs Industrials and Materials Conference (Transcript)

NIKE

Verizon is the only Dow Dog meeting the ideal of annual dividends from $1K invested exceeding its single share price. Five more Dow Dogs, including Cisco and Merck, are within 66% of meeting this ideal. Analysts forecast 11.36% to 31.73% net gains from top-ten Dow Dogs by December 2025, with Merck leading at 31.73%.

Dow 30 December Dogs Show 28 Pay Dividends And 1 "Safer" Buy

I reiterate 3M a hold due to its fair valuation near $130 per share and mixed technical indicators. Despite a strong mid-year rally and solid Q3 earnings, MMM's growth prospects and valuation multiples remain modest. Key risks include potential margin pressures, supply chain issues, and global GDP growth weakness, which could impact future performance.

3M: Consolidating YTD Gains, Monitoring EPS Growth Into 2025

Transform your space with these fun and unexpected holiday room designs ST. PAUL, Minn.

Command Brand and Ayesha Curry reveal four decor trends for a festive holiday season

ST. PAUL, Minn. , Nov. 19, 2024 /PRNewswire/ -- 3M (NYSE: MMM) today announced the following investor event: Goldman Sachs Industrials and Materials Conference on Thursday, Dec. 5, 2024.

3M Announces Upcoming Investor Event

MMM is making strides in the transportation and electrical markets, which makes the stock worth a watch amid certain headwinds.

3M Rises 23.4% in 6 Months: Time to Buy or Hold the Stock?

Kimberly-Clark

Target

November's top-yielding Aristocrats include Franklin Resources, Amcor, Hormel, and Kenvue, meeting the dogcatcher ideal of dividends from $1K invested exceeding single share prices. Analysts forecast 12.5% to 20.12% net gains from the top-ten Aristocrat Dogs by November 2025, with NextEra Energy and Target leading the projections. Seven more Aristocrats, including Realty Income and Chevron, are within 50% of meeting the ideal dividend-to-price ratio, potentially becoming fair priced with market pressure.

67 Aristocrats November Dividend Cornucopia Has 39 'Safer' And 2 Ideal Dogs

ST. PAUL, Minn. , Nov. 5, 2024 /PRNewswire/ -- The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company's common stock of $0.70 per share for the fourth quarter of 2024.

3M Board Declares Quarterly Dividend

Is 3M Stock a Buy Now?

DoorDash

Tesla

Some investors are weary of buying into stocks when the S&P 500 index is trading near its all-time high and has also made new highs recently, but that doesn't mean all stocks are overpriced or not worth considering. Today's list of stocks will offer investors a chance to align their portfolios with the current scenarios playing out in the economy, or at least the expectations for the coming quarters.

3 Top Stocks It's Not Too Late to Buy Today

Analysts boosted the price target for 3M Company MMM following yesterday's strong third-quarter results.

3M's Earnings Impress, Yet Analysts See Long Road Ahead With Cyclical Recovery And PFAS Risks

CHATSWORTH, Calif.--(BUSINESS WIRE)--California Catalysts, (formerly H2U Technologies), a premier developer of advanced electrolyzer materials, announced the close of its $3M Series A-2.

California Catalysts Raises $3M in Series A-2 Funding to Commercialize Better Hydrogen Electrolyzer Components

Shares of 3M (MMM) lost ground Tuesday as two of the diversified products maker's units posted sales declines.

3M Beats Estimates, but Sales in Two of Its Three Units Dropped

3M Company's impressive recovery, marked by strong earnings growth and improved margins, positions it as a potential long-term dividend grower despite past setbacks. The company's focus on innovation, particularly in high-growth sectors like automotive and electronics, accelerates product development and operational efficiency. Robust free cash flow enables 3M to reward shareholders through dividends and buybacks, even after the dividend cut, signaling high-quality earnings.

Cut But Not Broken: 3M's Rebound Is Just Getting Started

3M Company (NYSE:MMM ) Q3 2024 Earnings Call October 22, 2024 9:00 AM ET Company Participants Bruce Jermeland - Senior Vice President, Investor Relations Bill Brown - Chief Executive Officer Anurag Maheshwari - Chief Financial Officer Conference Call Participants Scott Davis - Melius Research Andrew Obin - Bank of America Nigel Coe - Wolfe Research Jeff Sprague - Vertical Research Partners Julian Mitchell - Barclays Nicole DeBlase - Deutsche Bank Steve Tusa - JPMorgan Andy Kaplowitz - Citi Brett Linzey - Mizuho Securities Joe O'Dea - Wells Fargo Securities Joe Ritchie - Goldman Sachs Chris Snyder - Morgan Stanley Deane Dray - RBC Capital Markets Operator Ladies and gentlemen, thank you for standing by. Welcome to the 3M Third Quarter Earnings Conference Call.

3M Company (MMM) Q3 2024 Earnings Call Transcript

3M reports revenue growth of 0.4% year over year in its third-quarter 2024 results.

News for 3M Stock (MMM)