3M Net Income

MMM
 Stock
  

USD 129.04  1.04  0.81%   

3M Company fundamentals help investors to digest information that contributes to 3M's financial success or failures. It also enables traders to predict the movement of 3M Stock. The fundamental analysis module provides a way to measure 3M's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to 3M stock.
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3M Net Income Common Stock is relatively stable at the moment as compared to the past year. The company's current value of Net Income Common Stock is estimated at 5.98 Billion. Net Income to Non Controlling Interests is expected to hike to about 8.2 M this year, although the value of Net Income will most likely fall to nearly 5.2 B.

3M Net Income Analysis

3M's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

3M Net Income

5.17 Billion

Net Income 
 = 
(Rev + Gain) 
-  
(Exp + Loss) 
More About Net Income | All Equity Analysis

Current 3M Net Income

    
  6.58 B  
Most of 3M's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, 3M Company is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

3M Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for 3M is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Net Income. Since 3M's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of 3M's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of 3M's interrelated accounts and indicators.

3M Net Income Historical Pattern

Today, most investors in 3M Stock are looking for potential investment opportunities by analyzing not only static indicators but also various 3M's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of 3M net income as a starting point in their analysis.
   3M Net Income   
Share
       Timeline  
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Compare to competition

3M Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(7.28 Billion)

3M Accumulated Other Comprehensive Income is relatively stable at the moment as compared to the past year. The company's current value of Accumulated Other Comprehensive Income is estimated at (7.28 Billion)
Based on the recorded statements, 3M Company reported net income of 6.58 B. This is much higher than that of the Industrials sector and significantly higher than that of the Conglomerates industry. The net income for all United States stocks is significantly lower than that of the firm.

3M Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 3M's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of 3M could also be used in its relative valuation, which is a method of valuing 3M by comparing valuation metrics of similar companies.
3M is currently under evaluation in net income category among related companies.

3M Current Valuation Drivers

We derive many important indicators used in calculating different scores of 3M from analyzing 3M's financial statements. These drivers represent accounts that assess 3M's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of 3M's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee53.07 K57.2 K47.52 K56.52 K62.33 K55.46 K
Revenue Per Employee345.84 K350.37 K334.18 K337.85 K372.16 K340.93 K
Average Assets35.12 B37.28 B41.33 B46.01 B47.71 B46.41 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA9.36 B8.77 B7.67 B9.12 B9.58 B8.57 B
Earnings Before Interest Taxes and Depreciation Amortization USD9.08 B8.47 B7.22 B8.7 B9.12 B9.59 B
Earnings before Tax7.54 B6.99 B5.63 B6.79 B7.21 B7.67 B
Average Equity11.57 B10.35 B10.14 B11.44 B14.43 B13.31 B
Enterprise Value149.02 B122.61 B113.98 B117.16 B116.49 B123.17 B
Free Cash Flow4.92 B5.12 B5.49 B6.74 B5.9 B6.04 B
Invested Capital27.75 B28.32 B34.43 B34.78 B32.92 B32.55 B
Invested Capital Average26.18 B28.02 B33.25 B35.53 B33.64 B32.88 B
Market Capitalization140.19 B110.95 B101.45 B100.82 B102.36 B110.57 B
Tangible Asset Value24.54 B23.79 B24.84 B27.71 B28.3 B28.9 B
Working Capital6.59 B6.46 B3.75 B7.03 B6.37 B5.85 B

3M ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, 3M's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to 3M's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

3M Institutional Holders

Institutional Holdings refers to the ownership stake in 3M that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of 3M's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing 3M's value.
Security TypeSharesValue
Zwj Investment Counsel IncCommon Shares12.6 K1.4 M
Zwj Investment Counsel IncCommon Shares12.6 K1.6 M
Zwj Investment Counsel IncCommon Shares11.5 K1.7 M
Zwj Investment Counsel IncCommon Shares12.8 K2.3 M
Zwj Investment Counsel IncCommon Shares12.6 K2.2 M
Zwj Investment Counsel IncCommon Shares13.2 K2.6 M
Zwj Investment Counsel IncCommon Shares13.2 K2.5 M

3M Fundamentals

About 3M Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze 3M Company's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 3M using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 3M Company based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Net Income5.9 B5.2 B
Net Income Common Stock5.9 BB
Net Income to Non Controlling InterestsM8.2 M
Net Income Per Employee62.3 K55.5 K

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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 YOY
1.76
Market Capitalization
70.8 B
Quarterly Revenue Growth YOY
(0.036) 
Return On Assets
0.0674
Return On Equity
0.46
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 3M value 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.