3M Company

Company Profile

3M Company had its IPO on 1970-01-02 under the ticker symbol MMM.

The company operates in the Industrials sector and Conglomerates industry. 3M Company has a staff strength of 92,000 employees.

Stock update

Shares of 3M Company opened at $107.55 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $107.07 - $108.8, and closed at $107.16.

This is a -0.68% slip from the previous day's closing price.

A total volume of 3,194,237 shares were traded at the close of the day’s session.

In the last one week, shares of 3M Company have increased by +0.2%.

3M Company's Key Ratios

3M Company has a market cap of $59.55 billion, indicating a price to book ratio of 4.95 and a price to sales ratio of 1.9459.

In the last 12-months 3M Company’s revenue was $33.05 billion with a gross profit of $15 billion and an EBITDA of $7.47 billion. The EBITDA ratio measures 3M Company's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, 3M Company’s operating margin was 17.08% while its return on assets stood at 7.47% with a return of equity of -13.37%.

In Q2, 3M Company’s quarterly earnings growth was a negative -22.1% while revenue growth was a negative 4.3%.

3M Company’s PE and PEG Ratio

Forward PE

11.919

Trailing PE

0

PEG

2.3141

Its diluted EPS in the last 12-months stands at $-2.82 per share while it has a forward price to earnings multiple of 11.919 and a PEG multiple of 2.3141. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into 3M Company’s profitability.

3M Company stock is trading at a EV to sales ratio of 2.3768 and a EV to EBITDA ratio of 8.516. Its price to sales ratio in the trailing 12-months stood at 1.9459.

3M Company stock pays annual dividends of $5.98 per share, indicating a yield of 5.56% and a payout ratio of 65.75%.

Balance sheet and cash flow metrics

Total Assets

$48.88 billion

Total Liabilities

$10.94 billion

Operating Cash Flow

$-233000000.00

Capital Expenditure

$377 million

Dividend Payout Ratio

65.75%

3M Company ended 2024 with $48.88 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $48.88 billion while shareholder equity stood at $7.86 billion.

3M Company ended 2024 with $0 in deferred long-term liabilities, $10.94 billion in other current liabilities, 9000000.00 in common stock, $40.29 billion in retained earnings and $12.87 billion in goodwill. Its cash balance stood at $4.26 billion and cash and short-term investments were $4.31 billion. The company’s total short-term debt was $3,277,000,000 while long-term debt stood at $12.95 billion.

3M Company’s total current assets stands at $15.75 billion while long-term investments were $0 and short-term investments were $56.00 million. Its net receivables were $4.95 billion compared to accounts payable of $3.23 billion and inventory worth $5.28 billion.

In 2024, 3M Company's operating cash flow was $-233000000.00 while its capital expenditure stood at $377 million.

Comparatively, 3M Company paid $0.66 in dividends in 2024.

Other key metrics

Current Trading Price

$107.16

52-Week High

$126.7786

52-Week Low

$91.0188

Analyst Target Price

$112.96

3M Company stock is currently trading at $107.16 per share. It touched a 52-week high of $126.7786 and a 52-week low of $126.7786. Analysts tracking the stock have a 12-month average target price of $112.96.

Its 50-day moving average was $103.01 and 200-day moving average was $105.69 The short ratio stood at 3.19 indicating a short percent outstanding of 0%.

Around 12.5% of the company’s stock are held by insiders while 6740.2% are held by institutions.