3M Company logo MMM - 3M Company

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 15
HOLD 17
SELL 1
STRONG
SELL 0
| PRICE TARGET: $166.75 DETAILS
HIGH: $190.00
LOW: $136.00
MEDIAN: $170.50
CONSENSUS: $166.75
UPSIDE: 9.39%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 24,948 24,575 24,610 34,229 35,355 32,184 32,136 32,765 31,657 30,109 30,274 31,821 30,871 29,904 29,611 26,662 23,123 25,269 24,462 22,923 21,167 20,011 18,232 16,332 16,079 16,724 15,659 15,021 15,070 14,236 13,460 15,079 14,020
Cost of Revenue 15,080 14,495 15,037 19,263 18,743 16,581 16,830 16,575 15,995 15,133 15,532 16,463 16,112 15,692 15,613 13,760 12,036 13,235 12,664 11,586 10,408 9,958 9,285 8,496 8,749 8,787 8,852 8,705 8,580 8,099 7,720 8,995 7,453
Gross Profit 9,868 10,080 9,573 14,966 16,612 15,603 15,306 16,190 15,662 14,976 14,742 15,358 14,759 14,212 13,998 12,902 11,087 12,034 11,798 11,337 10,759 10,053 8,947 7,836 7,330 7,937 6,807 6,316 6,490 6,137 5,740 6,084 6,567
Operating Expenses
R&D Expenses 1,169 1,070 1,123 1,856 1,977 1,862 1,874 1,816 1,862 1,735 1,751 1,770 1,715 1,634 1,570 1,434 1,285 1,391 1,372 1,352 1,274 1,143 1,102 1,070 1,084 1,101 0 0 0 0 0 0 0
SG&A Expenses 3,977 4,079 4,403 9,037 7,109 6,784 6,458 6,600 6,574 6,222 6,120 6,468 6,384 6,102 6,170 5,479 4,816 5,134 5,041 4,828 4,601 4,332 4,039 3,720 4,061 3,963 3,879 3,784 3,815 3,646 3,440 3,833 3,535
Other Expenses 161 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 5,307 5,149 5,526 10,893 9,086 8,646 8,332 8,416 8,436 7,957 7,871 8,238 8,099 7,736 7,740 6,913 6,101 6,525 6,413 6,180 5,875 5,475 5,141 4,790 5,057 4,879 3,879 3,784 3,815 3,646 3,440 3,833 4,611
Operating Income
Operating Income 4,563 4,931 4,047 4,073 7,526 6,957 6,974 7,774 7,226 7,019 6,871 7,120 6,660 6,476 6,258 5,989 4,986 5,509 5,385 5,157 4,884 4,578 3,713 3,046 2,273 3,058 2,956 2,039 2,675 2,491 2,221 2,251 1,956
Interest Expense 720 1,182 932 498 457 553 431 240 84 207 229 101 0 221 154 215 157 215 210 122 82 69 84 80 124 0 0 0 0 0 0 0 0
Interest Income 175 452 250 67 26 29 80 70 50 29 26 33 41 39 39 38 37 105 132 51 56 46 28 39 37 0 0 0 0 0 0 0 0
Profitability
EBITDA 5,851 7,225 (8,906) 8,721 9,576 9,259 7,736 8,728 9,176 8,734 8,487 8,535 7,933 7,860 7,421 7,090 5,946 6,476 7,397 6,826 5,896 5,623 4,705 4,000 3,362 4,083 3,856 2,905 3,545 3,374 3,080 3,352 3,032
EBIT 4,973 6,001 (10,339) 6,890 7,661 7,348 6,143 7,240 7,632 7,260 7,052 7,127 6,562 6,572 6,185 5,970 4,789 5,323 6,325 5,747 4,910 4,624 3,741 3,085 2,310 3,058 3,001 2,493 2,675 2,491 2,300 2,095 1,796
Income Before Tax 4,213 4,828 (11,253) 6,403 7,214 6,790 5,712 7,000 7,548 7,053 6,823 7,026 6,562 6,351 6,031 5,755 4,632 5,108 6,115 5,625 4,828 4,555 3,657 3,005 2,186 2,974 2,880 1,952 3,440 2,402 2,091 2,093 1,970
Income Tax Expense 1,003 804 (2,867) 612 1,285 1,337 1,130 1,637 2,679 1,995 1,982 2,028 1,841 1,840 1,674 1,592 1,388 1,588 1,964 1,723 1,627 1,503 1,202 966 702 1,025 1,032 685 1,241 886 785 771 707
Net Income 3,250 4,173 (6,995) 5,777 5,921 5,449 4,570 5,349 4,858 5,050 4,833 4,956 4,659 4,444 4,283 4,085 3,193 3,460 4,096 3,851 3,146 2,990 2,403 1,974 1,430 1,782 1,763 1,175 2,121 1,526 976 1,322 1,263
Per Share Data
EPS (Basic) 6.04 7.58 -12.63 10.21 10.23 9.43 7.92 9.09 8.13 8.35 7.73 7.63 6.83 6.40 6.05 5.72 4.56 4.95 5.70 5.15 4.18 3.83 3.07 2.53 1.81 2.25 2.19 1.46 2.57 1.82 1.16 1.56 1.45
EPS (Diluted) 6.00 7.55 -12.63 10.18 10.12 9.36 7.81 8.89 7.93 8.16 7.58 7.49 6.72 6.32 5.96 5.63 4.52 4.89 5.60 5.06 4.12 3.75 3.02 2.50 1.79 2.23 2.17 1.44 2.53 1.79 1.15 1.54 1.45
Shares Outstanding 534.3 550.8 553.9 566 579 577.6 577 588.5 597.5 604.7 625.6 649.2 681.9 693.9 708.5 713.7 700.5 699.2 718.3 747.5 764.9 780.5 782.8 780 788.6 791.4 805.0 806.6 825.4 836.4 839.6 846 868.6
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 5,235 5,600 5,735 3,655 4,564 4,634 2,353 2,853 3,053 2,398 3,040 1,849 2,757 1,836 618 616 302 387 211 230 583 485 297 274
Short-Term Investments 698 2,128 50 238 201 404 98 380 1,076 280 744 373 0 0 0 0 0 54 237 247 161 287 194 0
Net Receivables 3,533 3,272 3,710 4,635 4,770 4,830 4,963 5,123 4,982 4,501 3,360 3,325 3,335 3,162 2,840 2,786 2,891 2,778 2,666 2,434 2,504 2,398 2,328 2,610
Inventory 3,661 3,698 3,944 5,372 4,985 4,239 4,134 4,366 4,034 3,385 2,639 3,013 1,897 1,816 1,931 2,091 2,312 2,030 2,219 2,399 2,264 2,206 2,763 2,401
Other Current Assets 2,869 750 2,596 353 229 200 719 246 195 341 355 486 212 363 231 803 874 871 886 858 974 1,019 651 696
Total Current Assets 16,387 15,884 16,379 14,688 15,403 14,982 12,971 13,709 14,277 11,726 10,795 9,598 8,720 7,720 6,059 6,296 6,379 6,066 6,318 6,168 6,486 6,395 6,928 6,363
Non-Current Assets
Property, Plant & Equipment 7,617 7,953 8,347 10,007 10,287 10,285 10,191 8,738 8,866 8,516 7,000 6,886 5,711 5,609 5,621 5,615 5,823 5,656 5,566 5,034 4,844 4,638 5,054 4,830
Goodwill 0 6,281 6,382 12,790 13,486 13,802 13,444 10,051 10,513 9,166 5,832 5,753 2,655 2,419 0 0 0 0 0 0 0 0 0 0
Intangible Assets 7,522 1,210 1,323 4,699 5,288 5,835 6,379 2,657 2,936 2,320 1,342 1,398 277 274 2,167 1,213 852 657 0 0 0 0 0 0
Long-Term Investments 0 2,505 210 967 262 214 196 188 150 128 928 463 227 218 238 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 6,207 1,889 13,160 2,345 1,765 1,355 957 792 734 611 728 467 2,986 1,177 1,482 1,330 1,325 1,429 2,181 1,869 1,902 3,045 1,347 1,004
Total Non-Current Assets 21,346 23,984 34,201 31,767 31,669 32,362 31,688 22,791 23,710 21,180 16,455 15,949 11,988 9,880 9,270 8,310 8,143 7,830 7,835 7,070 6,878 7,788 6,568 5,834
Total Assets 37,733 39,868 50,580 46,455 47,072 47,344 44,659 36,500 37,987 32,906 27,250 25,547 20,708 17,600 15,329 14,606 14,522 13,896 14,153 13,238 13,364 14,183 13,496 12,197
Current Liabilities
Account Payables 2,702 2,660 2,776 3,183 2,994 2,561 2,228 2,266 1,945 1,798 1,453 1,301 1,168 1,087 945 753 1,081 1,008 868 898 895 762 820 878
Short-Term Debt 1,837 1,919 2,947 1,938 1,307 806 2,795 1,211 1,853 972 613 1,552 2,094 1,202 1,237 1,373 1,866 1,130 1,492 1,499 1,117 822 917 697
Deferred Revenue 0 15 23 538 529 498 430 617 513 551 316 322 226 196 198 0 0 0 0 0 0 0 0 0
Other Current Liabilities 4,171 4,665 7,613 1,677 1,605 1,833 1,785 1,327 1,403 1,215 1,601 1,745 1,183 1,153 1,123 2,383 1,807 1,681 1,862 1,586 1,777 2,140 1,519 1,707
Total Current Liabilities 9,595 11,256 15,297 9,523 9,035 7,948 9,222 7,244 7,687 6,219 4,897 5,839 6,071 5,082 4,457 4,509 4,754 3,819 4,386 3,983 3,789 3,724 3,605 3,282
Non-Current Liabilities
Long-Term Debt 10,932 11,125 13,088 14,001 16,056 17,989 17,518 13,411 12,096 10,678 5,097 5,166 727 1,735 2,140 1,520 971 1,480 1,614 1,015 851 1,203 1,031 796
Deferred Tax Liabilities 0 354 315 559 458 333 301 279 235 145 91 21 1,284 426 0 469 362 332 193 89 97 90 96 0
Other Non-Current Liabilities 12,459 12,787 16,488 6,947 5,722 7,441 6,774 5,643 6,250 5,461 3,733 4,383 2,122 2,330 2,279 1,495 1,558 1,605 1,798 1,864 1,970 1,799 1,490 1,139
Total Non-Current Liabilities 23,391 24,718 30,415 22,162 22,920 26,465 25,311 19,408 18,678 16,344 9,051 9,829 4,259 4,633 4,879 3,484 2,891 3,417 3,441 2,968 2,918 3,092 2,697 2,403
Total Liabilities 32,986 35,974 45,712 31,685 31,955 34,413 34,533 26,652 26,365 22,563 13,948 15,668 10,330 9,715 9,336 7,993 7,645 7,236 7,827 6,951 6,707 6,816 6,302 5,685
Stockholders' Equity
Common Stock 9 9 9 9 9 9 9 9 9 9 9 9 9 9 5 5 5 236 236 236 296 296 296 0
Retained Earnings 38,258 36,797 37,479 47,950 45,821 43,761 42,135 40,636 39,115 37,907 23,753 22,248 15,649 14,010 12,748 11,914 11,517 10,741 9,980 9,848 8,756 9,164 9,039 8,500
Accumulated Other Comprehensive Income (5,069) (5,731) (6,778) (6,673) (6,750) (7,661) (8,139) (6,866) (7,026) (7,245) (3,754) (3,646) 132 (1,554) (2,284) (1,491) (1,217) (915) (858) (918) (575) (523) (626) (6,658)
Total Stockholders' Equity 4,702 3,842 4,807 14,722 15,046 12,867 10,063 9,796 11,563 10,298 12,764 9,880 10,378 7,885 5,993 6,086 6,531 6,289 5,936 5,926 6,284 6,884 6,734 6,512
Total Liabilities & Equity 37,733 39,868 50,580 46,455 47,072 47,344 44,659 36,500 37,987 32,906 27,250 25,547 20,708 17,600 15,329 14,606 14,522 13,896 14,153 13,238 13,364 14,183 13,496 12,197
Debt Metrics
Total Debt 12,936 13,659 16,751 16,855 18,310 19,753 21,278 14,697 14,009 11,695 5,817 6,776 2,892 3,007 3,379 2,893 2,837 2,610 3,106 2,514 1,968 2,025 1,948 1,493
Net Debt 7,701 8,059 11,016 13,200 13,746 15,119 18,925 11,844 10,956 9,297 2,777 4,927 135 1,171 2,761 2,277 2,535 2,223 2,895 2,284 1,385 1,540 1,651 1,219
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 3,265 4,188 (6,995) 5,791 5,929 5,388 4,582 5,363 4,869 5,058 3,199 2,990 2,403 1,974 1,430 1,782 1,763 1,175 2,121 1,526 976 1,322 1,263
Depreciation & Amortization 1,308 1,363 1,987 1,831 1,915 1,911 1,593 1,488 1,544 1,474 0 0 905 954 1,089 1,025 900 866 870 883 859 1,101 1,076
Stock-Based Compensation 225 289 274 263 274 262 278 302 324 298 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (3,196) (5,223) 317 (670) (751) 458 803 (272) 359 (7) 27 585 1,006 497 488 (695) 313 416 (405) (83) (230) (494) (488)
Other Non-Cash Items 286 881 14,952 (961) 253 259 87 (385) (963) (168) 1,032 707 34 74 70 28 62 (83) (880) (115) 655 0 326
Operating Cash Flow 2,306 1,819 6,680 5,591 7,454 8,113 7,070 6,439 6,240 6,662 4,258 4,282 3,773 2,992 3,078 2,326 3,038 2,374 1,706 2,211 2,260 1,929 2,091
Investing Activities
Capital Expenditure (910) (1,181) (1,615) (1,749) (1,603) (1,501) (1,699) (1,577) (1,373) (1,420) (943) (937) (677) (763) (980) (1,115) (1,039) (1,430) (1,406) (1,109) (1,088) (1,148) (1,112)
Acquisitions 0 0 60 491 51 551 (4,748) 859 (958) (16) (1,293) (73) (439) (1,258) (218) (472) (374) (265) (40) (263) (49) (93) 0
Purchases of Investments (839) (4,153) (1,466) (1,250) (2,202) (1,579) (1,635) (1,828) (798) (163) (1,627) (10) (16) (7) (12) (12) (67) 0 0 0 0 0 0
Sales/Maturities of Investments 3,185 2,074 1,660 1,261 2,406 1,811 1,443 669 1,354 1,247 1,581 13 34 18 47 121 9 0 0 0 0 0 0
Other Investing Activities (334) 54 154 201 31 138 195 2,099 (1,311) (1,051) 41 69 129 83 113 105 357 123 1,089 111 (71) 70 20
Investing Cash Flow 1,350 (3,206) (1,207) (1,046) (1,317) (580) (6,444) 222 (3,086) (1,403) (2,241) (938) (969) (1,927) (1,050) (1,373) (1,114) (1,572) (357) (1,261) (1,208) (1,171) (1,092)
Financing Activities
Net Debt Issuance (716) 5,506 (46) (838) (1,145) (1,875) 3,249 933 1,603 1,043 (485) (111) (440) 445 109 236 (341) 571 477 82 26 555 118
Stock Repurchased (4,813) (1,801) (33) (1,464) (2,199) (368) (1,407) (4,870) (2,068) (3,753) (2,377) (1,791) (685) (942) (1,322) (814) (825) (618) (1,693) (532) (351) (689) (706)
Dividends Paid (1,175) (1,982) (3,311) (3,369) (3,420) (3,388) (3,316) (3,193) (2,803) (2,678) (1,286) (1,125) (1,034) (968) (948) (918) (901) (887) (876) (803) (790) (744) (721)
Other Financing Activities 2,345 (625) 243 321 (20) (98) 350 429 613 762 (22) (15) (23) (78) (17) (60) (51) (53) (22) 79 0 0 0
Financing Cash Flow (4,016) 1,098 (3,147) (5,350) (6,145) (5,300) (1,124) (6,701) (2,655) (4,626) (3,679) (2,534) (1,627) (1,021) (1,716) (1,131) (1,728) (738) (1,759) (906) (901) (740) (1,128)
Cash Position
Net Change in Cash (365) (333) 2,278 (909) (70) 2,281 (500) (200) 655 600 (1,685) 921 1,218 2 314 (85) 176 (19) (353) 98 188 23 (108)
Cash at Beginning 5,600 5,933 3,655 4,564 4,634 2,353 2,853 3,053 2,398 1,798 2,757 1,836 618 616 302 387 211 230 583 485 297 274 382
Cash at End 5,235 5,600 5,933 3,655 4,564 4,634 2,353 2,853 3,053 2,398 1,072 2,757 1,836 618 616 302 387 211 230 583 485 297 274
Free Cash Flow 1,396 638 5,065 3,842 5,851 6,612 5,371 4,862 4,867 5,242 3,315 3,345 3,096 2,229 2,098 1,211 1,999 944 300 1,102 1,172 781 979
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 24,948 24,575 24,610 34,229 35,355 32,184 32,136 32,765 31,657 30,109 30,274 31,821 30,871 29,904 29,611 26,662 23,123 25,269 24,462 22,923 21,167 20,011 18,232 16,332 16,079 16,724 15,659 15,021 15,070 14,236 13,460 15,079 14,020
Gross Profit 9,868 10,080 9,573 14,966 16,612 15,603 15,306 16,190 15,662 14,976 14,742 15,358 14,759 14,212 13,998 12,902 11,087 12,034 11,798 11,337 10,759 10,053 8,947 7,836 7,330 7,937 6,807 6,316 6,490 6,137 5,740 6,084 6,567
Operating Income 4,563 4,931 4,047 4,073 7,526 6,957 6,974 7,774 7,226 7,019 6,871 7,120 6,660 6,476 6,258 5,989 4,986 5,509 5,385 5,157 4,884 4,578 3,713 3,046 2,273 3,058 2,956 2,039 2,675 2,491 2,221 2,251 1,956
Net Income 3,250 4,173 (6,995) 5,777 5,921 5,449 4,570 5,349 4,858 5,050 4,833 4,956 4,659 4,444 4,283 4,085 3,193 3,460 4,096 3,851 3,146 2,990 2,403 1,974 1,430 1,782 1,763 1,175 2,121 1,526 976 1,322 1,263
EPS (Diluted) 6.00 7.55 -12.63 10.18 10.12 9.36 7.81 8.89 7.93 8.16 7.58 7.49 6.72 6.32 5.96 5.63 4.52 4.89 5.60 5.06 4.12 3.75 3.02 2.50 1.79 2.23 2.17 1.44 2.53 1.79 1.15 1.54 1.45
Balance Sheet
Cash & Equivalents 5,235 5,600 5,735 3,655 4,564 4,634 2,353 2,853 3,053 2,398 3,040 1,849 2,757 1,836 618 616 302 387 211 230 583 485 297 274
Total Assets 37,733 39,868 50,580 46,455 47,072 47,344 44,659 36,500 37,987 32,906 27,250 25,547 20,708 17,600 15,329 14,606 14,522 13,896 14,153 13,238 13,364 14,183 13,496 12,197
Total Debt 12,936 13,659 16,751 16,855 18,310 19,753 21,278 14,697 14,009 11,695 5,817 6,776 2,892 3,007 3,379 2,893 2,837 2,610 3,106 2,514 1,968 2,025 1,948 1,493
Stockholders' Equity 4,702 3,842 4,807 14,722 15,046 12,867 10,063 9,796 11,563 10,298 12,764 9,880 10,378 7,885 5,993 6,086 6,531 6,289 5,936 5,926 6,284 6,884 6,734 6,512
Cash Flow
Operating Cash Flow 2,306 1,819 6,680 5,591 7,454 8,113 7,070 6,439 6,240 6,662 4,258 4,282 3,773 2,992 3,078 2,326 3,038 2,374 1,706 2,211 2,260 1,929 2,091
Capital Expenditure (910) (1,181) (1,615) (1,749) (1,603) (1,501) (1,699) (1,577) (1,373) (1,420) (943) (937) (677) (763) (980) (1,115) (1,039) (1,430) (1,406) (1,109) (1,088) (1,148) (1,112)
Free Cash Flow 1,396 638 5,065 3,842 5,851 6,612 5,371 4,862 4,867 5,242 3,315 3,345 3,096 2,229 2,098 1,211 1,999 944 300 1,102 1,172 781 979