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

Camden Property

Healthpeak Properties Inc

Healthpeak Properties

The Dividend Aristocrats index is down 5.5% YTD, compared to a 10.5% gain for the S&P 500.

3 Dividend Monsters I'm Putting $15,000 In To Right Now

Johnson & Johnson

Altria

Johnson & Johnson, Altria, and 3M have all been increasing their dividend payments for more than 50 consecutive years. These companies all face issues that could put those streaks at risk in the future.

3 Dividend Kings Whose Growth Streaks Could Break Before 2030

Citigroup

LM Ericsson Telefon

Ford Motor Company

Pfizer

Walgreens

Following the rise in interest rates, many stocks, including shares in large, well-known companies, now sport relatively high dividend yields. Yet before you decide to buy, beware of the names best left as dividend stocks to sell.

7 Dividend Stocks That Are a Recipe for Disaster

Amcor Plc

Franklin Resources

Federal Realty Investment Trust

Realty Income Corp

T. Rowe Price Group

Investors are getting another education on volatility. It's been a white-knuckle roller coaster ride since the pandemic hit.

These Are the 7 Highest Yielding Dividend Aristocrats: Should You Buy Now?

3M Company's travails continue, with an earnings pop fading and the yield once more approaching a record high. 3M's growth outlook has been cut in half following earnings as analysts adjust for tens of billions of dollars in long-term legal costs. V.F. Corporation was a dividend king that cut its dividend in February and is down 40% since then.

3M Could Get Cut In Half, So Buy These 8%-Yielding SWANs Instead

Cincinnati Financial

Clorox

Ecolab

Hormel Foods

Leggett & Platt

Medtronic

McCormick

ProShares S&P 500 Dividend Aristocrats ETF

PPG Industries

Stanley Black & Decker

Sysco

Target

Exxon Mobil

The ProShares S&P 500 Dividend Aristocrats ETF has experienced three consecutive months of negative returns, declining 11.6% since August 2023. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 27 months of tracking these strategies, only 1 strategy is beating NOBL but all 3 continue to outperform SPY.

My Best Dividend Aristocrats For November 2023

Wall Street analysts typically go into hiding every three months when the long-awaited earnings season kicks off, making them earn their paychecks through long hours of due diligence and financial modeling. This time, you bet they had to dig into 3M Company NYSE: MMM and its unusually high potential.

Still thinking about buying 3M for its dividend? Consider this

MMM has had a drastic correction in its valuations and stock prices, resulting from the normalizing of top and bottom lines after the hyper-pandemic growth. Part of the headwind is likely attributed to the expensive legal settlements, with FQ2'23 and FQ3'23 bringing on an eye-watering write-downs of $14.5B. However, with these already behind us, we believe that things may lift from FQ4'23 onwards, significantly aided by the management's raised FY2023 adj EPS guidance.

3M: Back To 15Y Lows - Buy The Uncertainty

3M's better-than-expected earnings don't change the story for the company long term.

Why 3M's Long-Term Decline Will Continue

Simon Property Group

Verizon

Treasury yields have spiked to tempting levels for investors looking for steady and reliable income.

3 All-American Stocks Paying More than Treasuries Today

3M Company has shown stabilizing results and improvements in key metrics, indicating a potential turnaround. The company has settled major legal cases, clearing ambiguity and allowing them to focus on operations and growth. Despite legal challenges, 3M has entered into valuable partnerships, demonstrating commitment to expansion and growth.

3M: What Doesn't Kill You Makes You Stronger

3M has started its turnaround story earlier than expected, leading to an upgrade to a buy rating. Cost-cutting initiatives and improved profitability are driving the company's positive performance. Lawsuit outcomes have been resolved, reducing uncertainty and improving the company's future prospects.

3M Company: I'm Off The Fence And Ready To Buy (Rating Upgrade)

Delta Air Lines

Rolls-Royce Holdings PLC

Industrial companies are important for investors to add to their portfolios for a few reasons. Diversifying an investment portfolio is a good idea, especially in uncertain economic times.

The 3 Most Undervalued Industrial Stocks to Buy: October 2023

Lawsuit payouts could lead to a dividend cut. The upcoming healthcare spinoff will change the company.

Thinking of Buying 3M Stock? 3 Things You Need To Know First

Shares of 3M NYSE: MMM are up more than 5% in early morning trading after the company posted a double beat in its third quarter earnings report. The St. Paul, Minnesota-based company delivered revenue of $8.31 billion, which was above analysts' expectations for $7.99 billion.

3M Posts Stable Earnings, is That a Reason for Investors to Buy?

3M stock has plummeted, down 55% from its 2021 high, primarily due to lawsuits, an economic downturn, and negative sentiment. Despite the challenges, 3M's earnings have remained strong, beating estimates and illustrating a solid operating position. 3M is dirt cheap - trading at a P/E around 8, paying out a hefty 7% dividend. Don't worry, your dividend should be safe with 3M.

3M: Time To Buy - 7% Dividend, 8 P/E

Despite outperforming earnings and revenue estimates, 3M's (MMM) Q3 results are hurt by lower organic revenues. However, the company improves its 2023 earnings guidance.

3M (MMM) Beats on Q3 Earnings & Revenues, Revises '23 View

Dow Inc

Coca-Cola

The shares of the four Dow Jones Industrial Average components that reported results were all rallying Tuesday, and accounted for a little more than half of the Dow's point gain. Verizon Communications Inc.'s stock VZ, +8.68% jumped 8.7% toward their best day in 15 years, 3M Co. shares MMM, +4.82% shot up 4.9% to bounce off an 11-year low and Coca-Cola Co.'s stock KO, +2.60% gained 2.5% toward their best gain in 11 months.

The Dow's 4 earnings reporters' stocks are adding about 60 points to the Dow's price

3M Company (NYSE:MMM ) Q3 2023 Earnings Conference Call October 24, 2023 9:00 AM ET Company Participants Bruce Jermeland - Senior Vice President of Investor Relations Michael Roman - Chairman & Chief Executive Officer Monish Patolawala - President and Chief Financial Officer Conference Call Participants Scott Davis - Melius Research Andrew Obin - Bank of America Joe Ritchie - Goldman Sachs Christopher Snyder - UBS Andrew Kaplowitz - Citigroup Deane Dray - RBC Capital Markets Stephen Tusa - JPMorgan Securities Nigel Coe - Wolfe Research, LLC Julian Mitchell - Barclays Operator Ladies and gentlemen, thank you for standing by. Welcome to the 3M Third Quarter Earnings Conference Call.

3M Company (MMM) Q3 2023 Earnings Call Transcript

3M (MMM) posted better-than-expected results and boosted its guidance as the diversified manufacturing giant benefited from higher prices and cost savings.

3M Beats Estimates and Raises Its Outlook on Higher Prices and Cost-Cutting Measures

3M beat expectations on the top and bottom lines, and raised its guidance. Sales are still falling, and investors fear a dividend cut is coming as the conglomerate must pay billions of dollars in lawsuit settlements.

Why 3M Stock Was Climbing Today

Archer-Daniels-Midland Company

General Motors

GM, 3M, ADM and Coke all outperformed expectations on their bottom lines in Q3 this morning.

Solid Q3 Earnings Assisting Dow Up Triple Digits Early

3M and Coca-Cola both reported better-than-expected Q3 earnings and raised their full-year outlooks Tuesday.

Dow Jones Giants 3M And Coca-Cola Poised To Rebound On Earnings Surprises

Verizon is seeing subscriber counts grow. 3M boosted its guidance for the rest of 2023.

3 Dow Jones Stocks Are Celebrating Tuesday Morning

3M (MMM) came out with quarterly earnings of $2.68 per share, beating the Zacks Consensus Estimate of $2.34 per share. This compares to earnings of $2.69 per share a year ago.

News for 3M Stock (MMM)