3M Financial Statements From 2010 to 2024

MMM Stock  USD 106.07  1.48  1.42%   
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
57.8 B
Enterprise Value Revenue
2.1014
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.
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 Short Term Coverage Ratios of 4.12, Price To Sales Ratio of 1.93 or Dividend Yield of 0.0574. 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
Short Term Coverage Ratios4.122.10598.1343
Pretty Stable
Price To Sales Ratio1.931.85282.7609
Very volatile
Dividend Yield0.05740.05470.0323
Slightly volatile
Operating Cycle169150147
Very volatile
Price Book Value Ratio13.2312.59678.0178
Slightly volatile
Days Of Payables Outstanding34.8864.102746.764
Slightly volatile
Operating Cash Flow Per Share12.6612.059910.1462
Slightly volatile
Price To Operating Cash Flows Ratio11.069.064713.9907
Pretty Stable
Free Cash Flow Per Share9.69.14427.6661
Slightly volatile
Price To Free Cash Flows Ratio11.3611.955119.6048
Slightly volatile
Inventory Turnover3.143.83183.9285
Pretty Stable
Ebt Per Ebit0.811.06131.0504
Pretty Stable
Payables Turnover9.415.6947.9845
Slightly volatile
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
Cash Per Share11.3510.8076.0563
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 Ratio13.2312.59678.0178
Slightly volatile
Current Ratio1.911.07071.8004
Slightly volatile
Fixed Asset Turnover2.623.29513.416
Slightly volatile
Price Cash Flow Ratio11.069.064713.9907
Pretty Stable
Debt Ratio0.170.33320.2943
Slightly volatile
Cash Flow To Debt Ratio0.380.39630.5982
Slightly volatile
Price Sales Ratio1.931.85282.7609
Very volatile
Receivables Turnover5.126.7196.8846
Pretty Stable
Asset Turnover1.10.64610.8768
Slightly volatile
Gross Profit Margin0.370.43460.4666
Slightly volatile
Price Fair Value13.2312.59678.0178
Slightly volatile

3M Fundamental Market Drivers

Forward Price Earnings10.9769
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 2024
Current Deferred Revenue572 M367.8 M
Total Revenue32.7 B23.6 B
Cost Of Revenue18.5 B12.5 B
Ebit Per Revenue(0.28)(0.27)

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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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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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.