3M Financial Statements From 2010 to 2022

MMM -  USA Stock  

USD 130.40  3.93  2.93%

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.
There are over one hundred fifteen available fundamental measures for 3M, which can be analyzed over time and compared to other ratios. Please make sure you validate all of 3M latest fundamentals over time between 2010 and 2022 to make sure the company is sustainable this quarter and beyond.
3M Market Capitalization is relatively stable at the moment as compared to the past year. The company's current value of Market Capitalization is estimated at 110.57 Billion. Tangible Asset Value is expected to hike to about 28.9 B this year, although the value of Revenue Per Employee will most likely fall to nearly 340.9 K.
  
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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 Direct Expenses of 16.7 B, Consolidated Income of 6 B or Cost of Revenue of 19.4 B, as well as many exotic indicators such as Interest Coverage of 16.37, Long Term Debt to Equity of 0.92 or Calculated Tax Rate of 24.57. 3M financial statements analysis is a perfect complement when working with 3M Valuation or Volatility modules. It can also supplement various 3M Technical models. Additionally, see the analysis of 3M Correlation against competitors.

3M Revenues

36.85 Billion

Share

3M Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets46.3 B47.1 B37.5 B
Increasing
Slightly volatile
Cash and EquivalentsB4.6 B2.9 B
Increasing
Slightly volatile
Investments206.3 M201 M1.1 B
Decreasing
Slightly volatile
Investments Current206.3 M201 M732.9 M
Decreasing
Slightly volatile
Investments Non Current116.4 M113.4 M469.6 M
Decreasing
Slightly volatile
Property Plant and Equipment Net10.6 B10.3 BB
Increasing
Slightly volatile
Inventory4.9 BBB
Increasing
Slightly volatile
Trade and Non Trade ReceivablesB4.7 B4.5 B
Increasing
Slightly volatile
Trade and Non Trade Payables2.8 BB2.1 B
Increasing
Slightly volatile
Goodwill and Intangible Assets17.4 B18.8 B13.1 B
Increasing
Slightly volatile
Total Liabilities30.7 B32 B23.8 B
Increasing
Slightly volatile
Shareholders Equity13.5 B15 B13.3 B
Decreasing
Slightly volatile
Accumulated Retained Earnings Deficit45.8 B45.8 B37.4 B
Increasing
Slightly volatile
Current Assets15.7 B15.4 B13.3 B
Increasing
Slightly volatile
Assets Non Current30.6 B31.7 B24.2 B
Increasing
Slightly volatile
Current Liabilities8.9 BB7.2 B
Increasing
Slightly volatile
Liabilities Non Current21.7 B22.9 B16.6 B
Increasing
Slightly volatile
Tax Liabilities271.4 M260 M318.6 M
Decreasing
Slightly volatile
Total Debt16.6 B18.2 B12 B
Increasing
Slightly volatile
Debt Current1.6 B1.6 B1.4 B
Increasing
Slightly volatile
Debt Non Current15 B16.6 B10.6 B
Increasing
Slightly volatile
Shareholders Equity USD13.5 B15 B13.3 B
Decreasing
Slightly volatile
Cash and Equivalents USDB4.6 B2.9 B
Increasing
Slightly volatile
Total Debt USD16.6 B18.2 B12 B
Increasing
Slightly volatile
Accounts Payable2.6 BB2.3 B
Increasing
Slightly volatile
Receivables4.3 B4.7 B4.4 B
Increasing
Slightly volatile
Inventories4.3 BB3.9 B
Increasing
Slightly volatile

3M Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues36.9 B35.4 B31.8 B
Increasing
Slightly volatile
Cost of Revenue19.4 B18.8 B16.5 B
Increasing
Slightly volatile
Selling General and Administrative Expense7.6 B7.2 B6.7 B
Increasing
Slightly volatile
Research and Development Expense2.1 BB1.8 B
Increasing
Slightly volatile
Operating Expenses9.6 B9.2 B8.3 B
Increasing
Slightly volatile
Interest Expense135.1 M127.8 M149.6 M
Decreasing
Slightly volatile
Income Tax Expense1.4 B1.3 B1.7 B
Decreasing
Slightly volatile
Consolidated IncomeB5.9 BB
Increasing
Slightly volatile
Net Income to Non Controlling Interests8.2 MM30.2 M
Decreasing
Slightly volatile
Net IncomeB5.9 BB
Increasing
Slightly volatile
Net Income Common StockB5.9 BB
Increasing
Slightly volatile
Weighted Average Shares568.2 M579 M627.7 M
Decreasing
Slightly volatile
Weighted Average Shares Diluted576 M585.3 M638.2 M
Decreasing
Slightly volatile
Earning Before Interest and Taxes EBIT7.7 B7.2 B6.8 B
Increasing
Slightly volatile
Revenues USD36.9 B35.4 B31.8 B
Increasing
Slightly volatile
Net Income Common Stock USDB5.9 BB
Increasing
Slightly volatile
Earning Before Interest and Taxes USD7.7 B7.2 B6.8 B
Increasing
Slightly volatile
Gross Profit17.5 B16.6 B15.3 B
Increasing
Slightly volatile
Operating Income7.9 B7.4 B6.9 B
Increasing
Slightly volatile
Direct Expenses16.7 B18.8 B16.2 B
Increasing
Slightly volatile

3M Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Business Acquisitions and Disposals535 M495.9 M(643.1 M)
Increasing
Stable
Net Cash Flow Investment Acquisitions and Disposals195.6 M204 M86.7 M
Increasing
Stable
Issuance Repayment of Debt Securities (1.2 B)(1.1 B)553.5 M
Decreasing
Stable
Issuance Purchase of Equity Shares(1.7 B)(1.6 B)(2.3 B)
Increasing
Stable
Net Cash Flow from Investing(1.4 B)(1.3 B)(2 B)
Increasing
Very volatile
Net Cash Flow from Operations7.7 B7.5 B6.5 B
Increasing
Slightly volatile
Effect of Exchange Rate Changes on Cash (63.6 M)(62 M)(22.2 M)
Decreasing
Very volatile
Net Cash Flow or Change in Cash and Cash Equivalents(71.8 M)(70 M)(3.3 M)
Increasing
Slightly volatile
Share Based Compensation274.8 M274 M227.4 M
Increasing
Slightly volatile
Depreciation Amortization and Accretion1.9 B1.9 B1.5 B
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share10.010.237.98
Increasing
Slightly volatile
Earnings per Diluted Share9.8610.127.8518
Increasing
Slightly volatile
Earnings per Basic Share USD10.010.237.98
Increasing
Slightly volatile
Dividends per Basic Common Share5.585.924.1953
Increasing
Slightly volatile
Return on Average Equity0.440.410.3753
Increasing
Slightly volatile
Return on Average Assets0.120.1240.1346
Decreasing
Slightly volatile
Return on Invested Capital0.230.2140.2686
Decreasing
Slightly volatile
Gross Margin0.530.4680.4842
Increasing
Slightly volatile
Profit Margin0.180.1670.1577
Increasing
Slightly volatile
EBITDA Margin0.250.2580.2605
Decreasing
Very volatile
Return on Sales0.20.2040.2128
Decreasing
Stable
Asset Turnover0.760.7410.8651
Decreasing
Slightly volatile
Payout Ratio0.60.5790.5154
Increasing
Slightly volatile
Enterprise Value over EBITDA14.1512.77112.5719
Increasing
Slightly volatile
Enterprise Value over EBIT17.5816.015.5061
Increasing
Slightly volatile
Price to Earnings Ratio20.6817.36419.5015
Increasing
Slightly volatile
Sales per Share61.5361.06250.9094
Increasing
Slightly volatile
Price to Sales Ratio3.342.9093.0485
Increasing
Slightly volatile
Price to Book Value8.196.8037.6478
Increasing
Slightly volatile
Debt to Equity Ratio2.252.1241.9047
Increasing
Slightly volatile
Dividend Yield0.03270.0330.0271
Increasing
Slightly volatile
Current Ratio1.681.7051.87
Decreasing
Slightly volatile
Free Cash Flow per Share10.1310.1938.1789
Increasing
Slightly volatile
Book Value per Share22.4825.98621.0918
Decreasing
Very volatile
Tangible Assets Book Value per Share48.2948.87439.1557
Increasing
Slightly volatile
Total Assets Per Share68.4182.315960.2521
Increasing
Slightly volatile
Cash Flow Per Share11.2313.03510.4417
Increasing
Slightly volatile
Return on Investment28.3922.93628.21
Decreasing
Slightly volatile
Operating Margin23.4920.842921.7768
Decreasing
Very volatile
Calculated Tax Rate24.5717.837326.1043
Decreasing
Slightly volatile
Receivables Turnover8.117.55057.2165
Decreasing
Stable
Inventory Turnover4.624.07524.3079
Decreasing
Slightly volatile
PPandE Turnover4.13.75123.6947
Decreasing
Very volatile
Cash and Equivalents Turnover10.747.687511.4974
Decreasing
Stable
Accounts Payable Turnover12.4612.729113.5794
Decreasing
Very volatile
Accrued Expenses Turnover18.5114.911418.4304
Decreasing
Slightly volatile
Interest Coverage16.3715.950236.0518
Decreasing
Slightly volatile
Long Term Debt to Equity0.921.07330.8454
Increasing
Slightly volatile
Quick Ratio1.211.04321.1482
Decreasing
Slightly volatile
Net Current Assets as percentage of Total Assets16.6813.528216.5293
Decreasing
Slightly volatile
Revenue to Assets0.90.75110.866
Decreasing
Slightly volatile

3M Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax7.7 B7.2 B6.7 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA9.6 B9.1 B8.3 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD9.6 B9.1 B8.3 B
Increasing
Slightly volatile
Market Capitalization110.6 B102.4 B95.8 B
Increasing
Slightly volatile
Enterprise Value123.2 B116.5 B104.5 B
Increasing
Slightly volatile
Invested Capital32.6 B32.9 B26.3 B
Increasing
Slightly volatile
Average Equity13.3 B14.4 B13.8 B
Decreasing
Slightly volatile
Average Assets46.4 B47.7 B37.1 B
Increasing
Slightly volatile
Invested Capital Average32.9 B33.6 B26.2 B
Increasing
Slightly volatile
Tangible Asset Value28.9 B28.3 B24.4 B
Increasing
Slightly volatile
Free Cash FlowB5.9 B5.1 B
Increasing
Slightly volatile
Working Capital5.9 B6.4 BB
Decreasing
Stable
Revenue Per Employee340.9 K372.2 K344.2 K
Increasing
Stable
Net Income Per Employee55.5 K62.3 K53.9 K
Increasing
Slightly volatile

3M Fundamental Market Drivers

Forward Price Earnings11.82
Short Percent Of Float1.67%
Average Daily Volume Last 10 Day3.79M
Shares Short Prior Month9.68M
Average Daily Volume In Three Month2.87M
Date Short Interest29th of April 2022
Fifty Day Average145.15
Two Hundred Day Average163.31

3M Upcoming Events

Upcoming Quarterly Report25th of January 2022
Next Financial Report26th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End25th of January 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

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 2022
Cost of Revenue18.8 B19.4 B
Revenues35.4 B36.9 B
Revenue to Assets 0.75  0.90 
Revenue Per Employee372.2 K340.9 K
3M Company operates as a diversified technology company worldwide. It offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers. 3M operates under Conglomerates classification in the United States and is traded on New York Stock Exchange. It employs 95000 people.

3M Investors Sentiment

The influence of 3M's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in 3M. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

3M Implied Volatility

    
  26.25  
3M's implied volatility exposes the market's sentiment of 3M Company stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if 3M's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that 3M stock will not fluctuate a lot when 3M's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards 3M in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, 3M's short interest history, or implied volatility extrapolated from 3M options trading.

Current Sentiment - MMM

3M Company Investor Sentiment

Predominant part of Macroaxis users are now bullish on 3M Company. What is your sentiment towards investing in 3M Company? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

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Additionally, see the analysis of 3M Correlation against competitors. Note that the 3M Company information on this page should be used as a complementary analysis to other 3M's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running 3M Company price analysis, check to measure 3M's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 3M is operating at the current time. Most of 3M's value examination focuses on studying past and present price action to predict the probability of 3M's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move 3M's price. Additionally, you may evaluate how the addition of 3M to your portfolios can decrease your overall portfolio volatility.
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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
-0.18
Market Capitalization
74.1 B
Quarterly Revenue Growth YOY
-0.002
Return On Assets
0.1
Return On Equity
0.39
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.