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

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

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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

Shares of 3M Co. MMM, -1.50% slid 1.5% in morning trading Wednesday, enough to pace the Dow Jones Industrial Average's DJIA, +0.11% decliners, after S&P Global Ratings downgraded the the consumer, industrial and health care-products company's credit following the company's agreement to pay up to $6 billion to settle litigation over its Combat Arms earplugs. S&P cut 3M's credit to a BBB+ rating, which leaves it just three notches above speculative grade, or “junk”, territory.

3M stock leads the Dow's losers after S&P cuts credit rating, to 3 notches above ‘junk' status

Honeywell

We believe 3M stock (NYSE: MMM) is a better pick than its sector peer, Honeywell stock (NYSE: HON), given its better prospects.

Which Is A Better Pick – Honeywell Or 3M Stock?

The lawsuit alleges that the faulty products left some with hearing loss and tinnitus. 3M has agreed to pay $6 billion to settle a lawsuit that claims the company knowingly sold defective earplugs to both consumers and military service members.

3M earplug lawsuit: Company to pay $6 billion over claims it sold defective earplugs to U.S. military

3M has a long history of paying dividends. The company should have plenty of liquidity to cover its recent legal settlements.

With Its Legal Issues Getting Clearer, Is This 6%-Yielding Dividend Stock a Trap or a Screaming Buy?

The final amount of 3M's liabilities is unclear. The company has historically been sustainable and profitable. Comparison with the Volkswagen AG Dieselgate scandal.

3M: The Future Depends On The Size Of The Liabilities

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The ProShares S&P 500 Dividend Aristocrat ETF started the second half of the year on a positive note, gaining 2.59% in July. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After two full years of tracking these strategies, only 1 strategy is beating NOBL, but all 3 continue to outpace SPY.

My Best Dividend Aristocrats For September 2023

The settlement is over combat earplugs used by members of the military and allegations that they led to hearing damage and tinnitus. Here's what to know about tinnitus.

3M to Pay $6 Billion to Resolve Earplug Lawsuits Over Hearing Damage Claims

CHARLESTON, S.C.--(BUSINESS WIRE)--A federal district court in South Carolina granted preliminary approval today of a $12.5 billion class action settlement on behalf of public water systems nationwide over claims that major chemical manufacturer 3M contaminated water sources across the country with PFAS, also known as “forever chemicals.” The settlement includes a fund of up to $12.5 billion to be distributed to any public water system that has detected PFAS in one or more of its water sources.

PFAS Plaintiffs' Executive Committee Announces Preliminary Approval of $12.5 Billion Water Settlement with 3M

Manufacturer faces lawsuits over forever chemicals filed by personal injury lawyers, state attorneys general.

3M Just Agreed to a $6 Billion Settlement. More Lawsuits Await.

Edwards Lifesciences

TROY, Mich. , Aug. 29, 2023 /PRNewswire/ -- The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Edwards Lifesciences Corp. (NYSE:EW) as its "Stock to Study" and 3M Company (NYSE:MMM) as its "Undervalued Stock" in the November 2023 issue for investors' informational and educational use.

BetterInvesting™ Magazine Update on Edwards Lifesciences Corp. and 3M Company

3M is also awaiting approval of its $10.3 billion settlement over so-called forever chemicals.

3M faces more legal headaches after $6 billion earplug settlement

3M (MMM) reaches a tentative agreement to pay $5.5 billion to veterans in the next five years to settle lawsuits related to the sale of defective combat earplugs.

3M (MMM) Reaches $5.5B Deal to Settle Earplug Cases, Stock Up

A group of 22 U.S. states and territories have dropped their bid to block a proposed $10.3 billion settlement between 3M and U.S. public water providers that have accused the company of polluting drinking water with toxic chemicals.

US states withdraw objections to 3M's $10.3 billion PFAS settlement

3M stock (NYSE: MMM) has seen a 7% fall in a month, compared to a 3% fall for the broader S&P500 index.

What's Happening With 3M Stock?

About 240,000 people are expected to be eligible for the settlement, Chris Seeger, a lead lawyer for the plaintiffs, said.

3M agrees to pay $6B in US military earplug lawsuit settlement

3M is nearing a multibillion-dollar settlement with plaintiffs to resolve complaints by veterans that the company's earplugs failed to protect them from hearing loss.

3M to pay $6 billion in military earplugs case after hearing-loss complaints

New York Attorney General Letitia James announced Tuesday that 3M Co. MMM, +2.42% agreed to make “significant changes” to improve the terms of the proposed settlement of $10.5 billion to $12.5 billion for the company's role in the contamination of drinking water with per- and polyfluoroalkyl substances, also known as PFAS or “forever chemicals.” The previous settlement agreement included a requirement that water providers assume future liability, which put the onus on taxpayers to cover damages caused by pollution.

3M makes changes to improve terms of settlement of up to $12.5 billion for ‘forever chemicals' in drinking water, NY AG says

The agreement means 3M will resolve some 300,00 lawsuits that allege the company supplied defective earplugs to the military.

3M Will Pay $6 Billion Over Defective Military Earplugs

3M has reportedly agreed to pay more than $5.5 billion to settle over 300,000 lawsuits around faulty military earplugs. The news follows a similar settlement over PFAS.

3M Stock Pops After Agreeing to Pay Over $5 Billion in Earplugs Settlement. Why Are Investors Liking the News?

3M has agreed to pay $6 billion to resolve roughly 300,000 lawsuits alleging that the manufacturing company supplied faulty combat earplugs to the military that resulted in significant injuries, such as hearing loss.

3M agrees to pay $6 billion after US military said its earplugs caused hearing loss

3M NYSE: MMM is an interesting speculation on high-yield dividend growth and value, and now is an excellent time to take a bite. The company is navigating a difficult time with aplomb, and the market is putting in a bottom.

5 Good Reasons it's Time to Buy High-Yield Dividend King 3M

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VinFast Auto Ltd

NIO Inc (NYSE:NIO) stock fell in Tuesday's early deals after the Chinese EV firm reported a wider-than-expected net loss, amid lower sales and deliveries. Read more 3M Co (NYSE:MMM) stock strengthened in Tuesday's early deals, adding nearly 1% to $105 per share, following reports that its board had greenlit a $6 billion settlement to claims it sold faulty combat earplugs to the U.S.

The Premarket: Nio Inc, 3M, Heico and VinFast

The historical data is clear. Dividend growers are the easiest way to grow your wealth, while dividend cutters are terrible long-term investments. 3M Company now offers the highest yield in recorded history, but the latest legal bombshell might be what forces a 20% to 50% dividend cut. Given the $18 billion in legal settlement costs (S&P thinks it will be much more), I believe 3M can no longer sustain its current dividend.

3M: A Dividend Cut Of 20% To 50% Might Be Imminent

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What good is an S&P 500's company's plump dividend if its stock price collapses? Not much.

7 High-Dividend Stocks Are More Trouble Than They're Worth

3M Co. stock MMM, +5.22% was up 0.8% in pre-market trades Tuesday after it agreed to pay up to $1 billion in stock and $5 billion in cash from 2023 until 2029 to settle a lawsuit against it and Aearo Technologies over the Combat Arms Earplug product. The St. Paul, Minn.

News for 3M Stock (MMM)