3M Company | Large-cap | Industrials
$150.79
2.06%
| 3M Company Stock Comparison:
3M Company vs Honeywell3M Company vs Valmont Industries3M Company vs MDU Resources3M Company vs Griffon3M Company vs Otter Tail3M Company vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 24.6B
Gross Profit 10.1B 41.21%
Operating Income 4.8B 19.62%
Net Income 4.2B 17.04%
EPS (Diluted) $7.55

Balance Sheet Metrics

Total Assets 39.9B
Total Liabilities 36.0B
Shareholders Equity 3.9B
Debt to Equity 9.24

Cash Flow Metrics

Operating Cash Flow 1.1B
Free Cash Flow 638.0M

Revenue & Profitability Trend

3M Company Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 24.6B 32.7B 34.2B 35.4B 32.2B
Cost of Goods Sold 14.4B 18.5B 19.2B 18.8B 16.6B
Gross Profit 10.1B 14.2B 15.0B 16.6B 15.6B
Operating Expenses 5.3B 23.4B 10.9B 9.2B 8.8B
Operating Income 4.8B -9.2B 4.1B 7.4B 6.8B
Pre-tax Income 4.8B -9.7B 6.4B 7.2B 6.8B
Income Tax 804.0M -2.7B 612.0M 1.3B 1.3B
Net Income 4.2B -7.0B 5.8B 5.9B 5.5B
EPS (Diluted) $7.55 -$12.63 $10.18 $10.12 $9.25

Income Statement Trend

3M Company Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 15.9B 16.4B 14.7B 15.4B 15.0B
Non-Current Assets 24.0B 34.2B 31.8B 31.7B 32.4B
Total Assets 39.9B 50.6B 46.5B 47.1B 47.3B
Liabilities
Current Liabilities 11.3B 15.3B 9.5B 9.0B 7.9B
Non-Current Liabilities 24.7B 30.4B 22.2B 22.9B 26.5B
Total Liabilities 36.0B 45.7B 31.7B 32.0B 34.4B
Equity
Total Shareholders Equity 3.9B 4.9B 14.8B 15.1B 12.9B

Balance Sheet Composition

3M Company Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 4.2B -7.0B 5.8B 5.9B 5.5B
Operating Cash Flow 1.1B 6.8B 7.3B 7.5B 8.0B
Investing Activities
Capital Expenditures -1.1B -1.5B -1.5B -1.6B -1.4B
Investing Cash Flow -3.2B -1.2B -1.0B -1.3B -580.0M
Financing Activities
Dividends Paid -2.0B -3.3B -3.4B -3.4B -3.4B
Financing Cash Flow 1.0B -3.4B -5.7B -6.8B -5.7B
Free Cash Flow 638.0M 5.1B 3.8B 5.9B 6.6B

Cash Flow Trend

3M Company Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 18.36
Forward P/E 18.68
Price to Book 17.79
Price to Sales 3.24
PEG Ratio 18.68

Profitability Ratios

Profit Margin 17.79%
Operating Margin 20.67%
Return on Equity 93.82%
Return on Assets 5.45%

Financial Health

Current Ratio 1.66
Debt to Equity 312.49
Beta 1.08

Per Share Data

EPS (TTM) $8.04
Book Value per Share $8.30
Revenue per Share $44.73

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
mmm 79.4B 18.36 17.79 93.82% 17.79% 312.49
Honeywell 144.6B 25.86 8.27 32.68% 14.51% 188.51
Valmont Industries 6.5B 18.83 3.97 22.18% 8.55% 51.02
MDU Resources 3.4B 18.14 1.23 6.60% 14.21% 79.97
Griffon 3.3B 14.64 15.56 110.90% 9.06% 797.23
Otter Tail 3.3B 11.12 1.90 18.38% 22.37% 61.28

Financial data is updated regularly. All figures are in the company's reporting currency.