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3m Company  (MMM)
Other Ticker:  
 
 
Price: $98.6800 $-0.99 -0.993%
Day's High: $100.11 Week Perf: -4.32 %
Day's Low: $ 97.82 30 Day Perf: 7.46 %
Volume (M): 4,361 52 Wk High: $ 113.14
Volume (M$): $ 430,343 52 Wk Avg: $98.77
Open: $99.56 52 Wk Low: $85.35



 Market Capitalization (Millions $) 54,856
 Shares Outstanding (Millions) 556
 Employees 95,000
 Revenues (TTM) (Millions $) 32,653
 Net Income (TTM) (Millions $) -7,027
 Cash Flow (TTM) (Millions $) 7,087
 Capital Exp. (TTM) (Millions $) 1,515

3m Company
3M is a diversified technology company with a global presence in the following markets: health care; industrial; display and graphics; consumer and office; safety, security and protection services; electronics, telecommunications and electrical; and transportation. 3M is a global enterprise characterized by substantial intercompany cooperation in research, manufacturing and marketing of products.

3M is among the leading manufacturers of products for many of the markets it serves. In all cases, 3M products are subject to direct or indirect competition. Most 3M products involve expertise in product development, manufacturing and marketing, and are subject to competition from products manufactured and sold by other technologically oriented companies.

Distribution

3M products are sold through numerous distribution channels. Products are sold directly to users and through numerous wholesalers, retailers, jobbers, distributors and dealers in a wide variety of trades in many countries around the world. Management believes the confidence of wholesalers, retailers, jobbers, distributors and dealers in 3M and its products, developed through long association with skilled marketing and sales representatives, has contributed significantly to 3M's position in the marketplace and to its growth.



   Company Address: 3M Center St. Paul 55144 MN
   Company Phone Number: 733-1110   Stock Exchange / Ticker: NYSE MMM
   


Customers Net Income grew by MMM's Customers Net Profit Margin fell to

2.13 %

-43.42 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BDX   -3.43%    
CAH   -1.31%    
DOW   -1.48%    
GE        4.7% 
MCK   -0.57%    
RTX        0.09% 
• View Complete Report
   



3m Company

Underwhelming Earnings Report: MMM's Fiscal Quarter Comes to a Close

The stock market is an ever-changing landscape, where investors navigate through peaks and valleys, searching for opportunities that can lead to financial success. One such company that has recently made headlines is the Medical Equipment & Supplies company, which announced its disappointing earnings for the financial span closing March 31, 2024.
Despite this setback, it is important to note that the remainder of the Medical Equipment & Supplies sector recorded a revenue gain in the first quarter of 2024. This indicates that while one company may have experienced a decline, others in the sector are thriving. It is always wise to consider the bigger picture when evaluating the performance of a particular industry.

3m Company

3M Company Shows Resilience with Increased Earnings per Share Despite Revenue Setback in Q4 2023

MMM Reports Decrease in Revenue but Raises Earnings per Share in Q4 2023 Earnings Season
3M Company (NYSE: MMM) faced a slight setback in terms of revenue during the fourth quarter of the 2023 earnings season. However, the company managed to raise its earnings per share (EPS), showcasing its resilience. Income per share surged by an impressive 73.79% to $1.70 per share, while revenue experienced a slight dip of -0.817% to $8.01 billion, compared to the previous year.
Contradictory to the overall scenario in the Medical Equipment & Supplies sector, where revenue growth was reported, MMM faced a small decline. The sector saw a top-line gain of 6.98% in the fourth quarter of 2023 compared to the same period in 2022. In contrast, MMM's revenue decreased by -0.817%.
Despite the decline in revenue, MMM managed to report positive net profit per share, a significant improvement from the previous year. In the fourth quarter of the 2023 earnings season, net profits reached $947.000 million, marking a notable 74.4% increase from the previous year's net earnings of $543.000 million. This increase in net profits signifies the company's ability to manage costs and optimize its operations.

Dividend

3M Announces Quarterly Dividend as Stock Slumps in Q1 2024

Published Tue, Feb 6 2024 9:13 PM UTC



On February 6, 2024, the 3M Board of Directors (NYSE:MMM) declared a dividend on the company's common stock of $1.51 per share for the first quarter of 2024. However, the announcement coincided with a significant drop in the stock price, which plummeted by 19.79% from the previous year. This decline brings the share price down by 14.76% during Q1 2024, with 3M Comp...

3m Company

3M Company Stumbles into Deficit as Q2 2023 Earnings Reveal a -4.332% Revenue Dip

3M Company, a renowned multinational conglomerate, faced some challenges in the fiscal second quarter of 2023. It slipped into a deficit of $-12.35 per share compared to $0.14 in the same period a year ago, and the earnings per share fell from $1.76 in the previous reporting period. Additionally, the revenue contracted by -4.332% to $8.33 billion from $8.70 billion, showing a decline compared to the previous year. However, there was a sequential growth of 3.661% from $8.03 billion.
In a surprising turn of events, 3M Company recorded a net deficit of -$6,836.000 million instead of the expected net income of $82.000 million, which was generated in the comparable financial reporting period a year before. This drastic change in financial performance is definitely a concern for investors and shareholders.






 

3m's Segments
 
Industrial & Transportation
 Segment     of total Revenue
Health Care
 Segment     of total Revenue
Consumer & Office
 Segment     of total Revenue
Electro & Communications
 Segment     of total Revenue
Safety & Graphics
 Segment     of total Revenue
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
3m announced annual revenue outlook on

Earnings Outlook
3m Company issued annual earnings guidance on

 
Geographic Revenue Dispersion
United States
Europe & Middle East
Asia Pacific
Latin America, Africa & Canada




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