MMM - 3M Company
NYSE
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Specialty Industrial Machinery
St. Paul,
United States
Type: Equity
MMM price evolution
MMM
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Jan 2024 | 30 Sep 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $10083 | $10911 | $5933 | $5140 |
| Short term investments | $255 | $60 | $53 | $73 |
| Net receivables | $3575 | $4750 | $4750 | $4852 |
| Inventory | $4060 | $4897 | $4822 | $5065 |
| Total current assets | $19515 | $21613 | $16379 | $16198 |
| Long term investments | ||||
| Property, plant & equipment | $8082 | $9816 | $9918 | $9786 |
| Goodwill & intangible assets | $7584 | $16914 | $17153 | $17045 |
| Total noncurrent assets | $23862 | $33630 | $34201 | $33423 |
| Total investments | $255 | $60 | $53 | $73 |
| Total assets | $43377 | $55243 | $50580 | $49621 |
| Current liabilities | ||||
| Accounts payable | $2813 | $3372 | $3245 | $3104 |
| Deferred revenue | ||||
| Short long term debt | $1471 | $1047 | $3172 | $3371 |
| Total current liabilities | $14345 | $13156 | $15297 | $15466 |
| Long term debt | $12224 | $21110 | $13088 | $13426 |
| Total noncurrent liabilities | $25044 | $37154 | $30415 | $29424 |
| Total debt | $13695 | $22157 | $16794 | $16797 |
| Total liabilities | $39389 | $50310 | $45712 | $44890 |
| Shareholders' equity | ||||
| Retained earnings | $35475 | $37472 | $37479 | $37375 |
| Other shareholder equity | -$5567 | -$6826 | $4868 | -$6726 |
| Total shareholder equity | $3916 | $4866 | $4807 | $4672 |
| (in millions $) | 31 Jan 2024 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $5933 | $3655 | $4564 | $4634 |
| Short term investments | $53 | $238 | $201 | $404 |
| Net receivables | $4750 | $4532 | $4660 | $4705 |
| Inventory | $4822 | $5372 | $4985 | $4239 |
| Total current assets | $16379 | $14688 | $15403 | $14982 |
| Long term investments | $214 | |||
| Property, plant & equipment | $9918 | $10007 | $10287 | $10285 |
| Goodwill & intangible assets | $17153 | $17489 | $18774 | $19637 |
| Total noncurrent assets | $34201 | $31767 | $31669 | $32362 |
| Total investments | $53 | $238 | $201 | $404 |
| Total assets | $50580 | $46455 | $47072 | $47344 |
| Current liabilities | ||||
| Accounts payable | $3245 | $3183 | $2994 | $2561 |
| Deferred revenue | ||||
| Short long term debt | $3172 | $2199 | $1570 | $1062 |
| Total current liabilities | $15297 | $9523 | $9035 | $7948 |
| Long term debt | $13088 | $14001 | $16647 | $18598 |
| Total noncurrent liabilities | $30415 | $22162 | $22920 | $26465 |
| Total debt | $16794 | $16780 | $18217 | $19660 |
| Total liabilities | $45712 | $31685 | $31955 | $34413 |
| Shareholders' equity | ||||
| Retained earnings | $37479 | $47950 | $45821 | $43761 |
| Other shareholder equity | $4868 | $14770 | -$6750 | -$7661 |
| Total shareholder equity | $4807 | $14722 | $15046 | $12867 |
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Jan 2024 | 30 Sep 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $6255 | $8003 | $8013 | $8312 |
| Cost of revenue | $3571 | $4329 | $4580 | |
| Gross Profit | $2684 | $3674 | $3335 | $3732 |
| Operating activities | ||||
| Research & development | $280 | $437 | $430 | |
| Selling, general & administrative | $1132 | $1736 | $5992 | |
| Total operating expenses | $1412 | $2173 | $2092 | $6386 |
| Operating income | $1272 | $1501 | -$2654 | |
| Income from continuing operations | ||||
| EBIT | $1348 | $1618 | -$2552 | |
| Income tax expense | $203 | $305 | $64 | -$781 |
| Interest expense | $385 | $304 | ||
| Net income | ||||
| Net income | $1145 | $928 | $945 | -$2075 |
| Income (for common shares) | $1145 | $928 | -$2075 | |
| (in millions $) | 31 Jan 2024 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $32681 | $34229 | $35355 | $32184 |
| Cost of revenue | $19232 | $18795 | $16605 | |
| Gross Profit | $14204 | $14997 | $16560 | $15579 |
| Operating activities | ||||
| Research & development | $1862 | $1994 | $1878 | |
| Selling, general & administrative | $9049 | $7197 | $6929 | |
| Total operating expenses | $23368 | $8458 | $9191 | $8418 |
| Operating income | $6539 | $7369 | $7161 | |
| Income from continuing operations | ||||
| EBIT | $6851 | $7206 | $6702 | |
| Income tax expense | -$2691 | $612 | $1285 | $1318 |
| Interest expense | $462 | |||
| Net income | ||||
| Net income | -$6995 | $5777 | $5921 | $5384 |
| Income (for common shares) | $5777 | $5921 | $5384 | |
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Net income | $1145 | $928 | $945 | -$2075 |
| Operating activities | ||||
| Depreciation | $301 | $430 | $537 | $535 |
| Business acquisitions & disposals | $57 | |||
| Stock-based compensation | $171 | $29 | $52 | $46 |
| Total cash flows from operations | $1021 | $767 | $1986 | $1910 |
| Investing activities | ||||
| Capital expenditures | -$237 | -$354 | -$353 | -$314 |
| Investments | -$225 | -$11 | $45 | -$21 |
| Total cash flows from investing | -$463 | -$393 | -$301 | -$287 |
| Financing activities | ||||
| Dividends paid | -$386 | -$835 | -$828 | -$828 |
| Sale and purchase of stock | -$388 | -$3 | $17 | $25 |
| Net borrowings | $5509 | -$108 | $106 | |
| Total cash flows from financing | -$1358 | $4621 | -$924 | -$704 |
| Effect of exchange rate | -$28 | -$17 | $32 | -$37 |
| Change in cash and equivalents | -$828 | $4978 | $793 | $882 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$6995 | $5777 | $5921 | $5384 |
| Operating activities | ||||
| Depreciation | $1987 | $1831 | $1915 | $1911 |
| Business acquisitions & disposals | $60 | $491 | $551 | |
| Stock-based compensation | $274 | $263 | $274 | $262 |
| Total cash flows from operations | $6680 | $5591 | $7454 | $8113 |
| Investing activities | ||||
| Capital expenditures | -$1496 | -$1549 | -$1552 | -$1373 |
| Investments | $194 | $11 | $204 | $232 |
| Total cash flows from investing | -$1207 | -$1046 | -$1317 | -$580 |
| Financing activities | ||||
| Dividends paid | -$3311 | -$3369 | -$3420 | -$3388 |
| Sale and purchase of stock | $231 | -$1083 | -$1560 | $61 |
| Net borrowings | -$46 | -$838 | -$1145 | -$1875 |
| Total cash flows from financing | -$3147 | -$5350 | -$6145 | -$5300 |
| Effect of exchange rate | -$48 | -$104 | -$62 | $48 |
| Change in cash and equivalents | $2278 | -$909 | -$70 | $2281 |
News
Fundamentals
| Market cap | $74.54B |
|---|---|
| Enterprise value | $78.15B |
| Shares outstanding | 549.35M |
| Revenue | $30.58B |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $943.00M |
| Revenue Q/Q | -24.86% |
| Revenue Y/Y | -7.48% |
| P/E ratio | 79.04 |
|---|---|
| EV/Sales | 2.56 |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 2.44 |
| P/B ratio | 7.86 |
| Book/Share | 17.26 |
| Cash/Share | 18.35 |
| EPS | $1.72 |
|---|---|
| ROA | 1.90% |
| ROE | 20.66% |
| Debt/Equity | 9.51 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 1.36 |
| Quick ratio | 1.08 |