3M Financial Statements From 2010 to 2024

MMM Stock  USD 91.48  0.52  0.57%   
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
(0.21)
Market Capitalization
50.4 B
Enterprise Value Revenue
1.8786
Revenue
32.7 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 18th of April 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 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 exotic 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.
  
This module can also supplement 3M's financial leverage analysis and stock options assessment as well as various 3M Technical models . 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 Liabilities8.7 B8.3 B3.9 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 B4.9 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 Assets141.6 M149 M730.4 M
Slightly volatile
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 Expenses198.4 M223.2 M243 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
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 Outstanding63.6554.323953.114
Pretty Stable
Book Value Per Share10.578.678518.8522
Very volatile
Free Cash Flow Yield0.110.10.0665
Slightly volatile
Invested Capital3.683.50611.2946
Slightly volatile
Operating Cash Flow Per Share12.6612.059910.1462
Slightly volatile
Stock Based Compensation To Revenue0.00880.00840.0084
Pretty Stable
PB Ratio11.0610.53186.7034
Slightly volatile
EV To Sales1.751.88332.5808
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 Turnover9.415.6947.9845
Slightly volatile
Sales General And Administrative To Revenue0.690.65470.2739
Slightly volatile
Research And Ddevelopement To Revenue0.0640.05640.0576
Very volatile
Cash Per Share11.3510.8076.0563
Slightly volatile
POCF Ratio9.267.578811.6981
Pretty Stable
PFCF Ratio9.59.995416.3912
Slightly volatile
Days Payables Outstanding34.8864.102746.764
Slightly volatile
EV To Operating Cash Flow10.049.213713.0754
Very volatile
EV To Free Cash Flow11.5412.151518.4112
Slightly volatile
Intangibles To Total Assets0.220.33910.3168
Slightly volatile
Current Ratio1.911.07071.8004
Slightly volatile
Receivables Turnover5.126.7196.8846
Pretty Stable
Graham Number28.749.658255.8351
Pretty Stable
Shareholders Equity Per Share10.578.678518.8522
Very volatile
Debt To Equity3.683.50611.2946
Slightly volatile
Revenue Per Share61.9559.001649.8993
Slightly volatile
Interest Debt Per Share33.7332.128521.3668
Slightly volatile
Debt To Assets0.170.33320.2943
Slightly volatile
Short Term Coverage Ratios4.122.10598.1343
Pretty Stable
Operating Cycle169150147
Very volatile
Price Book Value Ratio11.0610.53186.7034
Slightly volatile
Days Of Payables Outstanding34.8864.102746.764
Slightly volatile
Price To Operating Cash Flows Ratio9.267.578811.6981
Pretty Stable
Price To Free Cash Flows Ratio9.59.995416.3912
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 Capitalization0.780.740.4549
Slightly volatile
Total Debt To Capitalization0.820.77810.4898
Slightly volatile
Debt Equity Ratio3.683.50611.2946
Slightly volatile
Quick Ratio0.780.70931.0412
Slightly volatile
Net Income Per E B T0.540.7220.7242
Slightly volatile
Cash Ratio0.220.38790.3613
Pretty Stable
Cash Conversion Cycle12685.4764103
Slightly volatile
Operating Cash Flow Sales Ratio0.140.20440.1942
Pretty Stable
Days Of Inventory Outstanding10595.255294.0042
Very volatile
Days Of Sales Outstanding63.6554.323953.114
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.510.75820.7108
Pretty Stable
Cash Flow Coverage Ratios0.380.39630.5982
Slightly volatile
Price To Book Ratio11.0610.53186.7034
Slightly volatile
Fixed Asset Turnover2.623.29513.416
Slightly volatile
Price Cash Flow Ratio9.267.578811.6981
Pretty Stable
Debt Ratio0.170.33320.2943
Slightly volatile
Cash Flow To Debt Ratio0.380.39630.5982
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 Earnings10.6045
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

There are typically three primary documents that fall into the category of financial statements. These documents include 3M income statement, its balance sheet, and the statement of cash flows. 3M investors use historical funamental indicators, such as 3M's revenue or net income, to determine how well the company is positioned to perform in the future. Although 3M investors may use each financial statement separately, they are all related. The changes in 3M's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on 3M's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on 3M Financial Statements. Understanding these patterns can help to make the right decision on long term investment in 3M. Please read more on our technical analysis and fundamental analysis pages.
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 0.65  0.69 
Research And Ddevelopement To Revenue 0.06  0.06 
Capex To Revenue(0.05)(0.05)
Revenue Per Share 59.00  61.95 
Ebit Per Revenue(0.28)(0.27)

3M Investors Sentiment

The influence of 3M's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in 3M. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to 3M's public news can be used to forecast risks associated with an investment in 3M. The trend in average sentiment can be used to explain how an investor holding 3M can time the market purely based on public headlines and social activities around 3M Company. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
3M's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for 3M's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average 3M's news discussions. The higher the estimated score, the more favorable is the investor's outlook on 3M.

3M Implied Volatility

    
  36.57  
3M's implied volatility exposes the market's sentiment of 3M Company stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if 3M's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that 3M stock will not fluctuate a lot when 3M's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards 3M in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, 3M's short interest history, or implied volatility extrapolated from 3M options trading.

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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:
Check out the analysis of 3M Correlation against competitors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running 3M's price analysis, check to measure 3M's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 3M is operating at the current time. Most of 3M's value examination focuses on studying past and present price action to predict the probability of 3M's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 3M's price. Additionally, you may evaluate how the addition of 3M to your portfolios can decrease your overall portfolio volatility.
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Is 3M's industry 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
0.744
Dividend Share
6
Earnings Share
(12.63)
Revenue Per Share
59.002
Quarterly Revenue Growth
(0.01)
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.