Ticker
MMM

Price
106.24
Stock movement up
+0.29 (0.27%)
Company name
3M Company
Exchange
(NYSE
,
Currency
USD
)
Sector
Industrials >
Conglomerates
Market cap
58.59B
Ent value
86.62B
Price/Sales
1.71
Price/Book
3.97
Div yield
5.65%
Div growth
4.86%
Growth years
62
FCF payout
87.69%
Trailing P/E
10.14
Forward P/E
11.15
PEG
1.36
EPS growth
4.40%
1 year return
-11.87%
3 year return
-13.78%
5 year return
-12.89%
10 year return
-0.75%
Last updated: 2023-09-08
Get the latest news and real-time alerts from 3M Company (MMM) stock at Seeking Alpha.
September 15, 2023

iO Charts is a Seeking Alpha partner

3M Company is a battleground stock that has, once again, fallen considerably in the recent past. Click here to read my analysis of MMM stock.
September 14, 2023

iO Charts is a Seeking Alpha partner

BUSINESS INSIGHT

Segment Revenues ($M)

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Segment Operating Income ($M)

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DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share6.00
Dividend yield5.65%
Payout frequencyQuarterly
Maximum yield6.43%
Average yield3.84%
Minimum yield2.51%
Discount to avg yield31.97%
Upside potential46.99%
Yield as % of max yield87.83%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield5.65%
Current yield distribution8.89%
Yield at 100% (Min)2.51%
Yield at 90%2.91%
Yield at 80%3.04%
Yield at 50% (Median)3.53%
Yield at 20%4.64%
Yield at 10%5.51%
Yield at 0% (Max)6.43%

Dividend per share

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Dividend per share data
Years of growth62 years
CCC statusDividend Champion
Dividend per share6.00
Payout frequencyQuarterly
Ex-div date18 Aug 2023
EPS (TTM)10.45
EPS (1y forward)9.53
EPS growth (5y)4.40%
EPS growth (5y forward)7.47%

Dividend growth

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Dividend growth data
MMMS&P500
DGR MR0.67%8.78%
DGR TTM0.67%8.57%
DGR 3 years1.14%4.00%
DGR 5 years4.86%5.65%
DGR 10 years9.71%7.37%
DGR 15 years7.84%5.83%
Time since last change announced230 days
EPS growth (5y)4.40%
EPS growth (5y forward)7.47%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM58.32%87.69%
Average--
Forward62.96%-
3M Company (NYSE:NYSE:MMM) Morgan Stanley’s 11th Annual Laguna Conference Call September 13, 2023 10:00 AM ETCompany ParticipantsMonish Patolawala - Chief Financial OfficerBruce Jermeland -...
September 13, 2023

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Get the latest news and real-time alerts from 3M Company (MMM) stock at Seeking Alpha.
September 13, 2023

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E10.14
Price to OCF10.48
Price to FCF15.25
Price to EBITDA7.33
EV to EBITDA10.84

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales1.71
Price to Book3.97
EV to Sales2.53
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FINANCIALS

Per share

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Per share data
Current share count551.47M
EPS (TTM)10.45
FCF per share (TTM)6.95

Income statement

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Income statement data
Revenue (TTM)34.23B
Gross profit (TTM)15.00B
Operating income (TTM)6.81B
Net income (TTM)5.78B
EPS (TTM)10.45
EPS (1y forward)9.53

Margins

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Margins data
Gross margin (TTM)43.81%
Operating margin (TTM)19.90%
Profit margin (TTM)16.88%

Balance Sheet

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Balance Sheet data
Cash3.65B
Net receivables4.53B
Total current assets14.69B
Goodwill12.79B
Intangible assets4.70B
Property, plant and equipment26.00B
Total assets46.45B
Accounts payable3.18B
Short/Current long term debt16.20B
Total current liabilities9.52B
Total liabilities31.68B
Shareholder's equity14.77B
Net tangible assets-2.77B

Cash flow

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Cash flow data
Operating cash flow (TTM)5.59B
Capital expenditures (TTM)1.75B
Free cash flow (TTM)3.84B
Dividends paid (TTM)3.37B

Financial returns

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Financial returns data
Return on Equity39.11%
Return on Assets12.44%
Return on Invested Capital18.65%
Cash Return on Invested Capital12.41%
CashFlow Hunter returns to discuss 3M, its settlements and why he's short the stock and why he's so positive about Iris Energy.
September 12, 2023

iO Charts is a Seeking Alpha partner

Get the latest news and real-time alerts from 3M Company (MMM) stock at Seeking Alpha.
August 31, 2023

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STOCK INFORMATION

Stock chart

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Stock price data
Open106.08
Daily high106.39
Daily low105.42
Daily Volume2.75M
All-time high258.63
1y analyst estimate119.75
Beta0.96
EPS (TTM)10.45
Dividend per share6.00
Ex-div date18 Aug 2023
Next earnings date23 Oct 2023

Downside potential

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Downside potential data
MMMS&P500
Current price drop from All-time high-58.92%-6.74%
Highest price drop-63.92%-56.47%
Date of highest drop31 May 20239 Mar 2009
Avg drop from high-13.84%-11.49%
Avg time to new high22 days13 days
Max time to new high1414 days1805 days
Get the latest news and real-time alerts from 3M Company (MMM) stock at Seeking Alpha.
August 31, 2023

iO Charts is a Seeking Alpha partner

Get the latest news and real-time alerts from 3M Company (MMM) stock at Seeking Alpha.
August 30, 2023

iO Charts is a Seeking Alpha partner

COMPANY DETAILS
MMM (3M Company) company logo
Marketcap
58.59B
Marketcap category
Large-cap
Description
3M Company provides diversified technology services in the United States and internationally. The company operates through four segments: Safety and Industrial; Transportation and Electronics; Health Care; and Consumer. The Safety and Industrial segment offers industrial abrasives and finishing for metalworking applications; autobody repair solutions; closure systems for personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles. The Transportation and Electronics segment provides ceramic solutions; attachment tapes, films, sound, and temperature management for transportation vehicles; premium large format graphic films for advertising and fleet signage; light management films and electronics assembly solutions; packaging and interconnection solutions; and reflective signage for highway, and vehicle safety. The Healthcare segment offers health care procedure coding and reimbursement software; skin, wound care, and infection prevention products and solutions; dentistry and orthodontia solutions; and filtration and purification systems. The Consumer segment provides consumer bandages, braces, supports, and consumer respirators; cleaning products for the home; retail abrasives, paint accessories, car care DIY products, picture hanging, and consumer air quality solutions; and stationery products. It offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers. 3M Company was founded in 1902 and is headquartered in St. Paul, Minnesota.
Employees
92000
Investor relations
SEC filings
CEO
Michael Roman
Country
USA
City
Saint Paul
Stock type
Common stock
CCC status
Dividend Champion
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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3M is a sustainable and profitable company with unclear liabilities. We believe 3M is significantly undervalued. Read here for an analysis of MMM stock.
August 30, 2023

iO Charts is a Seeking Alpha partner

3M is nearing a $5.5 billion settlement over ear plug liability, which is at the low end of analyst estimates. Read more about MMM stock here.
August 29, 2023

iO Charts is a Seeking Alpha partner

UNDERSTAND THE BUSINESS
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COMPANY NEWS
Seeking AlphaPress releases
Get the latest news and real-time alerts from 3M Company (MMM) stock at Seeking Alpha.
August 29, 2023
Discover why dividend cut risk for 3M has risen from 1% to 16% and the potential impact on its future returns and investor sentiment. Read more on MMM stock.
August 29, 2023
This article discusses 3M Company's slight revenue declines and weak financials, prompting a hold-rating for MMM stock despite its low P/E ratio. See more here.
August 29, 2023
Get the latest news and real-time alerts from 3M Company (MMM) stock at Seeking Alpha.
August 29, 2023
Get the latest news and real-time alerts from 3M Company (MMM) stock at Seeking Alpha.
August 28, 2023
Get the latest news and real-time alerts from 3M Company (MMM) stock at Seeking Alpha.
August 28, 2023
3M stock has experienced significant declines in the past few years, with a 52% drop in the last 5 years. Find out why MMM is a Buy.
August 28, 2023
Get the latest news and real-time alerts from 3M Company (MMM) stock at Seeking Alpha.
August 27, 2023
3M Company may be the next to spin off a division, despite concerns over litigations and liability issues. Find out why MMM stock is a Buy.
August 27, 2023
Get the latest news and real-time alerts from 3M Company (MMM) stock at Seeking Alpha.
August 25, 2023
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