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

3M Company (NYSE:MMM ) 2024 Wells Fargo Industrials Conference June 11, 2024 8:15 AM ET Company Participants Monish Patolawala - CFO Conference Call Participants Joe O'Dea - Wells Fargo Joe O'Dea All right. Good morning, everyone.

3M Company (MMM) Management presents at 2024 Wells Fargo Industrials Conference (Transcript)

3M (NYSE: MMM) stock price has rebounded sharply this year even as the company continued facing substantial challenges. It has soared to over $100 and is hovering at its highest point since August 2022.

3M stock price forecast and technical analysis: buy, sell, hold?

3M (MMM) concluded the recent trading session at $100.66, signifying a -0.2% move from its prior day's close.

3M (MMM) Stock Slides as Market Rises: Facts to Know Before You Trade

3M (MMM) was the best-performing stock on the Dow Jones Industrial Average Friday after Bank of America (BofA) upgraded the stock, citing optimism about the company's direction under new CEO Bill Brown.

3M Leads Gains on the Dow After Upgrade From BofA

3M Co (NYSE:MMM) shares traded higher on Friday after the stock was upgraded by Bank of America analysts to a ‘Buy' rating from ‘Neutral.' The analysts awarded the diversified manufacturer a boosted price objective of $120, up from $105.

3M shares climb on Bank of America upgrade and price target boost

Goldman Sachs

Walmart

In May, Barron's published an article titled Week's Best: Dow 50,000 or Bust? At the time, the Dow Jones Industrial Average hit 40,000, a record for 30 of America's oldest companies.

Ready to Rally: Ride These 3 Stocks to Dow 50K

With the SOLV divestiture completed as of April 01, 2024, we believe that MMM is well poised to invest in its long-term opportunities. Reader must note that MMM's balance sheet is much healthier now, with the new management team and the settled legal issues implying fresh start ahead. The nearly halved dividends are to be expected as well, as the management expects to intensify their "investments in high growth and attractive end markets."

3M: No Longer A Dividend Aristocrat - Still A Buy

3M's substantial litigation costs will negatively impact free cash flow, making it a potential value trap. Growth has been nonexistent in recent years and no clear catalysts for growth are visible. 3M may be overvalued, but is considered a hold by the author.

3M Might Be A Value Trap: Litigation Costs May Kill Free Cash Flow Growth

Archer-Daniels-Midland Company

AT&T

Big and beautiful. Blue-chip stocks are industry behemoths that tend to offer investors safety and security over time.

Blue-Chip Steals: 3 Top-Tier Stocks Trading at Bargain Prices

Amgen

Amazon

Boeing

Salesforce

Cisco Systems

Chevron

Disney

Dow Inc

Home Depot

Intel

Johnson & Johnson

JPMorgan Chase & Co

Coca-Cola

McDonald's

NIKE

Verizon

"The Dow® [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors

Buy 1 June Dow Dog, And Watch 3

3M Company reported solid first quarter results with adjusted EPS growing in the double digits again. The company spun off its healthcare business into a new company called Solventum. 3M Company cut its dividend in half, but the stock is still undervalued and seems well-supported from a technical point of view.

3M Company: Still A Good Investment Despite Dividend Cut

Carpenter Technology

Delta Air Lines

Aerospace supplier Carpenter Technology is ahead of its medium-term plans as its margins grow vigorously. Delta Air Lines is more than a play on aerospace recovery; it's a play on higher-income earners' travel and spending.

3 Industrial Powerhouse Stocks to Buy Hand Over Fist in June

The industrial giant has been facing years of legal and regulatory headwinds. The company was forced to spin off a large division to raise the cash it needed to deal with the issues.

Here's Why 3M's Dividend Reset Should Turn Off Most Income Investors

Given its better prospects, we believe 3M stock (NYSE: MMM) is a better pick than Philip Morris stock (NYSE: PM). Although these companies are from different sectors, we compare them because of their similar revenue base of around $30-35 billion.

With 10% Gains This Year 3M Stock Appears To Be A Better Pick Over Philip Morris

Macy's

Dividend payments offer many benefits to investors. In fact, 75% of the returns in the S&P 500 between 1980 and 2019 came from dividends, according to market data.

3 Dividend Stocks That Look Even Better After Q1 Earnings

3M (NYSE: MMM) stock price has lagged behind the market as the company has moved from one crisis to the other. It has crashed by about 35% from its highest point in 2021, making it one of the worst-performing companies in the Dow Jones Industrial Average.

Analysts are bullish on the 3M stock price: should you?

Blackrock Health Sciences Trust

DNP Select Income Fund Inc

Gabelli Global Utility & Income Trust

Guggenheim Strategic Opportunities Fund

Gabelli Utility Trust

Leggett & Platt

PIMCO Corporate & Income Strategy Fund

Reaves Utility Income Fund

Closed-end funds tend to cut their payouts over time due to negative consequences of leverage during market crashes, leading to potential permanent capital destruction. Today, we are looking to revisit the six funds that have inceptions prior to the 2008/09 Global Financial Crisis that have still never cut their regular distributions. A long history of no-cuts can be important for income-focused investors, but we also examine coverage and valuations to determine whether they are worth exploring further.

Closed-End Funds: 2024 Revisit Of Funds That Never Cut Distributions With Inception Pre-2008

British American Tobacco

Kinder Morgan

Realty Income Corp

Pfizer

Simon Property Group

Neos S&P 500 High Income ETF

The stock market closed at record highs in the third week of May, with the S&P 500 exceeding 40,000. The Dividend Harvesting Portfolio reached another all-time high, with an ROI of 14.44% and a forward projected dividend income of $1,496.16. The portfolio is diversified across various asset classes, with equities, ETFs, REITs, CEFs, and BDCs generating significant dividend income.

Dividend Harvesting Portfolio Week 168: $16,800 Allocated, $1,496.16 In Projected Dividends

CFRA analyst Jonathan Sakraida upgraded 3M stock to Buy from Hold, and lifted the price target to $115 from $100.

Buy 3M Stock, Says Analyst. The Catalyst Is the Dividend Cut.

The investment thesis for the stock does not rely on its dividend. The recent dividend cut is a net plus for a company that needs restructuring.

What Is the Dividend Payout for 3M Stock?

Brookfield Infrastructure Partners L.P.

Brookfield Infrastructure

Despite improvements in its business, the yield trap has been spring.

Why You Might Regret Buying 3M Stock: 1 Better High-Yield Dividend Stock to Buy Now

3M's turnaround will take time, but it has the cash resources to help it meet legal settlements. The current restructuring program appears to be generating margin expansion, and the new CEO has an opportunity to improve performance.

1 Wall Street Analyst Thinks 3M Stock Is Going to $140. Is It a Buy Around $105?

DexCom

Given its better prospects, we believe DexCom stock (NASDAQ NASDAQ : DXCM) is a better pick than 3M stock (NYSE: MMM). Although these companies are from different sectors, we compare them because of their similar market capitalization of around $50-60 billion.

Will DexCom Offer Better Returns Than 3M Stock?

Solventum's main strategic priority is to repay debt following its separation from 3M. The business has consistently underperformed in its end markets, and a turnaround will take time.

Is 3M Spinoff Solventum a Buy? (And What It Means for 3M Investors)

Post-it maker 3M declared a dividend of 70 cents, down from the prior quarter's $1.51 payout.

News for 3M Stock (MMM)