3M Financial Statements From 2010 to 2024

MMM Stock  USD 132.48  0.47  0.35%   
3M financial statements provide useful quarterly and yearly information to potential 3M Company investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on 3M financial statements helps investors assess 3M's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting 3M's valuation are summarized below:
Gross Profit
15 B
Profit Margin
0.1345
Market Capitalization
72.4 B
Enterprise Value Revenue
2.4176
Revenue
32.6 B
There are over one hundred nineteen available fundamental measures for 3M, which can be analyzed over time and compared to other ratios. Self-guided Investors are advised to validate 3M's latest fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself this quarter and beyond. As of the 28th of November 2024, Market Cap is likely to grow to about 79.8 B. Also, Enterprise Value is likely to grow to about 93.4 B

3M Total Revenue

23.57 Billion

Check 3M financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 3M's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 B, Interest Expense of 989.1 M or Total Revenue of 23.6 B, as well as many indicators such as Price To Sales Ratio of 1.62, Dividend Yield of 0.0687 or PTB Ratio of 11.06. 3M financial statements analysis is a perfect complement when working with 3M Valuation or Volatility modules.
  
Check out the analysis of 3M Correlation against competitors.

3M Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets25.6 B50.6 B35.9 B
Slightly volatile
Short and Long Term Debt Total17.7 B16.9 B12.3 B
Slightly volatile
Other Current Liabilities8.1 B7.7 B3.7 B
Slightly volatile
Total Current Liabilities16.1 B15.3 B8.1 B
Slightly volatile
Total Stockholder Equity4.6 B4.8 B11.7 B
Slightly volatile
Property Plant And Equipment Net7.1 B9.9 B8.5 B
Slightly volatile
Net Debt11.5 B10.9 B9.1 B
Slightly volatile
Retained Earnings22.7 B37.5 B35 B
Slightly volatile
Cash6.2 B5.9 B3.1 B
Slightly volatile
Non Current Assets Total35.9 B34.2 B24.7 B
Slightly volatile
Non Currrent Assets Other1.3 BB1.1 B
Slightly volatile
Cash And Short Term Investments6.3 BB3.6 B
Slightly volatile
Net Receivables3.6 B4.8 B4.2 B
Slightly volatile
Common Stock Shares Outstanding606.9 M553.9 M643 M
Slightly volatile
Liabilities And Stockholders Equity25.6 B50.6 B35.9 B
Slightly volatile
Non Current Liabilities Total31.9 B30.4 B17.9 B
Slightly volatile
Inventory3.2 B4.8 B3.9 B
Slightly volatile
Other Current Assets896.6 M821 M943.1 M
Pretty Stable
Total Liabilities48 B45.7 B26.1 B
Slightly volatile
Total Current Assets10 B16.4 B12.6 B
Slightly volatile
Short Term Debt3.3 B3.2 B1.6 B
Slightly volatile
Accounts Payable1.6 B3.2 B2.1 B
Slightly volatile
Property Plant And Equipment Gross29 B27.6 B12.4 B
Slightly volatile
Current Deferred Revenue367.8 M572 M471.1 M
Slightly volatile
Common Stock Total Equity7.7 M8.1 M28 M
Slightly volatile
Short Term Investments50.4 M53 M505.6 M
Slightly volatile
Common Stock7.7 M8.1 M28 M
Slightly volatile
Intangible Assets2.5 B4.2 B3.1 B
Slightly volatile
Other Liabilities4.8 B8.6 B5.8 B
Slightly volatile
Other Assets5.2 B4.9 B2.2 B
Slightly volatile
Long Term Debt7.9 B13.1 B10.2 B
Slightly volatile
Property Plant Equipment8.3 B11.5 B8.8 B
Slightly volatile
Good Will8.3 B12.9 B9.6 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity41 M43.2 M163.3 M
Slightly volatile
Retained Earnings Total Equity40 B55.1 B38.6 B
Slightly volatile
Capital Surpluse5.4 B7.7 B5.3 B
Slightly volatile
Long Term Investments479.3 M244 M585.4 M
Slightly volatile
Long Term Debt Total12 B16.1 B10.9 B
Slightly volatile
Non Current Liabilities Other13.2 B12.5 BB
Slightly volatile
Short and Long Term Debt1.7 B2.9 B1.1 B
Slightly volatile
Capital Lease Obligations860 M819 M258.3 M
Slightly volatile
Cash And Equivalents3.7 B4.2 B3.1 B
Slightly volatile
Net Invested Capital19 B20.8 B24.2 B
Slightly volatile
Net Working CapitalB1.1 B5.6 B
Slightly volatile
Capital Stock7.2 M8.1 M8.8 M
Slightly volatile

3M Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.2 BB1.5 B
Slightly volatile
Total Revenue23.6 B32.7 B29.7 B
Slightly volatile
Gross Profit11 B14.2 B14.1 B
Slightly volatile
Other Operating Expenses43.9 B41.8 B26.3 B
Slightly volatile
Cost Of Revenue12.5 B18.5 B15.6 B
Slightly volatile
Total Operating Expenses24.5 B23.4 B10.2 B
Slightly volatile
Selling General Administrative22.5 B21.4 B8.6 B
Slightly volatile
Research Development1.7 B1.8 B1.7 B
Slightly volatile
Net Income Applicable To Common Shares4.4 B6.6 B4.9 B
Slightly volatile
Interest Income128.9 M253 M119.9 M
Pretty Stable
Reconciled Depreciation1.9 BB1.7 B
Slightly volatile
Selling And Marketing Expenses150.8 M129 M233.6 M
Slightly volatile
Non Recurring216.8 M243.9 M265.6 M
Slightly volatile

3M Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow3.3 B5.1 B4.5 B
Slightly volatile
Begin Period Cash Flow3.8 B3.7 B2.8 B
Slightly volatile
Depreciation1.3 BB1.5 B
Slightly volatile
Dividends Paid1.8 B3.3 B2.5 B
Slightly volatile
Capital Expenditures1.4 B1.6 B1.5 B
Slightly volatile
Total Cash From Operating Activities4.7 B6.7 BB
Slightly volatile
End Period Cash Flow6.2 B5.9 B3.2 B
Slightly volatile
Stock Based Compensation156.6 M274 M253.4 M
Pretty Stable
Change To Operating Activities188.1 M295.6 M210.7 M
Slightly volatile
Issuance Of Capital Stock567.6 M629 M516.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.621.54912.3087
Very volatile
Dividend Yield0.06870.06540.0387
Slightly volatile
PTB Ratio11.0610.53186.7034
Slightly volatile
Days Sales Outstanding63.553.050753.1087
Pretty Stable
Book Value Per Share10.668.788618.8655
Very volatile
Free Cash Flow Yield0.110.10.0665
Slightly volatile
Operating Cash Flow Per Share12.6612.059910.1462
Slightly volatile
Stock Based Compensation To Revenue0.00960.00840.0087
Very volatile
Capex To Depreciation1.280.81281.0655
Slightly volatile
PB Ratio11.0610.53186.7034
Slightly volatile
EV To Sales1.741.88332.5802
Pretty Stable
Free Cash Flow Per Share9.69.14427.6661
Slightly volatile
Inventory Turnover3.143.83183.9285
Pretty Stable
Days Of Inventory On Hand10595.255294.0042
Very volatile
Payables Turnover9.465.6947.9879
Slightly volatile
Sales General And Administrative To Revenue0.690.65870.2742
Slightly volatile
Research And Ddevelopement To Revenue0.0640.05640.0576
Very volatile
Capex To Revenue0.06740.04940.053
Pretty Stable
Cash Per Share11.3510.8076.0563
Slightly volatile
POCF Ratio9.257.578811.6909
Pretty Stable
Capex To Operating Cash Flow0.40.24180.2832
Slightly volatile
PFCF Ratio9.59.995416.3697
Slightly volatile
Days Payables Outstanding34.7164.102746.7527
Slightly volatile
EV To Operating Cash Flow10.039.213713.0682
Very volatile
EV To Free Cash Flow11.5412.151518.3896
Slightly volatile
Intangibles To Total Assets0.220.33910.3168
Slightly volatile
Current Ratio1.911.07071.8004
Slightly volatile
Receivables Turnover5.136.88026.882
Pretty Stable
Graham Number28.749.658255.8351
Pretty Stable
Shareholders Equity Per Share10.578.678518.8522
Very volatile
Debt To Equity3.53.33581.2659
Slightly volatile
Capex Per Share1.462.91572.3734
Slightly volatile
Revenue Per Share61.9559.001649.8993
Slightly volatile
Interest Debt Per Share32.1830.649921.0458
Slightly volatile
Debt To Assets0.170.3170.2917
Slightly volatile
Short Term Coverage Ratios4.222.26678.4137
Pretty Stable
Operating Cycle169148147
Very volatile
Price Book Value Ratio11.0610.53186.7034
Slightly volatile
Days Of Payables Outstanding34.7164.102746.7527
Slightly volatile
Price To Operating Cash Flows Ratio9.257.578811.6909
Pretty Stable
Price To Free Cash Flows Ratio9.59.995416.3697
Slightly volatile
Ebt Per Ebit0.811.06131.0504
Pretty Stable
Effective Tax Rate0.350.27780.266
Slightly volatile
Company Equity Multiplier11.0510.52223.9073
Slightly volatile
Long Term Debt To Capitalization0.770.73140.4536
Slightly volatile
Total Debt To Capitalization0.810.76940.4876
Slightly volatile
Debt Equity Ratio3.53.33581.2659
Slightly volatile
Quick Ratio0.930.75551.2026
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.181.35611.4811
Slightly volatile
Net Income Per E B T0.540.7220.7242
Slightly volatile
Cash Ratio0.220.38790.3613
Pretty Stable
Cash Conversion Cycle12684.2032103
Slightly volatile
Operating Cash Flow Sales Ratio0.140.20440.1942
Pretty Stable
Days Of Inventory Outstanding10595.255294.0042
Very volatile
Days Of Sales Outstanding63.553.050753.1087
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.510.75820.7108
Pretty Stable
Cash Flow Coverage Ratios0.40.41660.6024
Slightly volatile
Price To Book Ratio11.0610.53186.7034
Slightly volatile
Fixed Asset Turnover2.623.29513.416
Slightly volatile
Capital Expenditure Coverage Ratio2.694.13623.9152
Pretty Stable
Price Cash Flow Ratio9.257.578811.6909
Pretty Stable
Debt Ratio0.170.3170.2917
Slightly volatile
Cash Flow To Debt Ratio0.40.41660.6024
Slightly volatile
Price Sales Ratio1.621.54912.3087
Very volatile
Asset Turnover1.10.64610.8768
Slightly volatile
Gross Profit Margin0.370.43460.4666
Slightly volatile
Price Fair Value11.0610.53186.7034
Slightly volatile

3M Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap79.8 B76 B78.5 B
Slightly volatile
Enterprise Value93.4 B88.9 B91.8 B
Slightly volatile

3M Fundamental Market Drivers

Forward Price Earnings16.7504
Cash And Short Term InvestmentsB

3M Upcoming Events

23rd of April 2024
Upcoming Quarterly Report
View
23rd of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
28th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About 3M Financial Statements

3M investors utilize fundamental indicators, such as revenue or net income, to predict how 3M Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue572 M367.8 M
Total Revenue32.7 B23.6 B
Cost Of Revenue18.5 B12.5 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.66  0.69 
Research And Ddevelopement To Revenue 0.06  0.06 
Capex To Revenue 0.05  0.07 
Revenue Per Share 59.00  61.95 
Ebit Per Revenue(0.28)(0.27)

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When determining whether 3M Company is a strong investment it is important to analyze 3M's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 3M's future performance. For an informed investment choice regarding 3M Stock, refer to the following important reports:
Is Industrial Conglomerates space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 3M. If investors know 3M will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 3M listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
4.41
Earnings Share
9.61
Revenue Per Share
58.972
Quarterly Revenue Growth
0.004
The market value of 3M Company is measured differently than its book value, which is the value of 3M that is recorded on the company's balance sheet. Investors also form their own opinion of 3M's value that differs from its market value or its book value, called intrinsic value, which is 3M's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 3M's market value can be influenced by many factors that don't directly affect 3M's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 3M's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3M is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3M's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.