3M Cost Of Revenue from 2010 to 2024

MMM Stock  USD 91.48  0.52  0.57%   
3M Cost Of Revenue yearly trend continues to be very stable with very little volatility. Cost Of Revenue is likely to drop to about 12.5 B. During the period from 2010 to 2024, 3M Cost Of Revenue quarterly data regression pattern had sample variance of 12482765 T and median of  16,106,000,000. View All Fundamentals
 
Cost Of Revenue  
First Reported
1989-09-30
Previous Quarter
4.6 B
Current Value
4.7 B
Quarterly Volatility
B
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.

Latest 3M's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of 3M Company over the last few years. Cost of Revenue is found on 3M Company income statement and represents the costs associated with goods and services 3M provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is 3M's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 3M's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

3M Cost Of Revenue Regression Statistics

Arithmetic Mean15,608,007,179
Geometric Mean14,940,847,963
Coefficient Of Variation22.64
Mean Deviation2,022,789,470
Median16,106,000,000
Standard Deviation3,533,095,672
Sample Variance12482765T
Range14.9B
R-Value0.49
Mean Square Error10211480.3T
R-Squared0.24
Significance0.06
Slope387,341,978
Total Sum of Squares174758710.4T

3M Cost Of Revenue History

202412.5 B
202318.5 B
202219.2 B
202118.8 B
202016.6 B
201917.1 B
201816.7 B

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 Cost Of Revenue, 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
Cost Of Revenue18.5 B12.5 B

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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:

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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.