3M Stock Financials

MMM
 Stock
  

USD 147.41  0.43  0.29%   

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.
  
With this module, you can analyze 3M financials for your investing period. You should be able to track the changes in 3M individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

Revenues

36.85 Billion

Understanding current and past 3M Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of 3M's financial statements are interrelated, with each one affecting the others. For example, an increase in 3M's assets may result in an increase in income on the income statement.
The fundamental analysis of 3M is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for 3M includes many different criteria found on its balance sheet. For example, investors should never minimize 3M's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor 3M's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in 3M.

3M Company Cash

Chance Of Financial Distress
Less than 12
3M Company has less than 12 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for 3M stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in 3M's official financial statements usually reflect 3M's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of 3M Company. For example, before you start analyzing numbers published by 3M accountants, it's critical to develop an understanding of what 3M's liquidity, profitability, and earnings quality are in the context of the Industrials space in which it operates.
Please note, the presentation of 3M's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, 3M's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in 3M's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of 3M Company. Please utilize our Beneish M Score to check the likelihood of 3M's management to manipulate its earnings.

3M Company Summary

3M competes with Crane Holdings, General Electric, Eaton Corp, Flowserve Corp, and Howmet Aerospace. 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.
Specialization
Industrials, Specialty Industrial Machinery
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0000066740
ISINUS88579Y1010
CUSIP604059105
RegionNorth America
LocationMinnesota; U.S.A
Business Address3M Center, St
SectorIndustrials
IndustryConglomerates
BenchmarkDOW
Websitewww.3M.com
Phone651 733 9973
CurrencyUSD - US Dollar
You should never invest in 3M without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of 3M Stock, because this is throwing your money away. Analyzing the key information contained in 3M's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

3M Key Financial Ratios

Generally speaking, 3M's financial ratios allow both analysts and investors to convert raw data from 3M's financial statements into concise, actionable information that can be used to evaluate the performance of 3M over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that 3M Company reports annually and quarterly.

3M Key Balance Sheet Accounts

201720182019202020212022 (projected)
Inventories4.03 B4.37 B4.13 B4.24 B4.99 B4.26 B
Receivables4.91 B5.02 B4.79 B4.71 B4.66 B4.32 B
Accounts Payable1.95 B2.27 B2.23 B2.56 B2.99 B2.55 B
Total Assets37.99 B36.5 B44.66 B47.34 B47.07 B46.33 B
Current Assets14.28 B13.71 B12.97 B14.98 B15.4 B15.74 B
Assets Non Current23.71 B22.79 B31.69 B32.36 B31.67 B30.6 B
Cash and Equivalents3.05 B2.85 B2.35 B4.63 B4.56 B4.05 B
Total Debt13.95 B14.62 B21.17 B19.66 B18.22 B16.64 B
Debt Current1.85 B1.21 B3.04 B1.06 B1.57 B1.63 B
Debt Non Current12.1 B13.41 B18.12 B18.6 B16.65 B15.01 B
Shareholders Equity11.56 B9.8 B10.06 B12.87 B15.05 B13.46 B
Inventory4.03 B4.37 B4.13 B4.24 B4.99 B4.91 B
Investments1.08 B380 M98 M404 M201 M206.29 M
Investments Current1.08 B380 M98 M404 M201 M206.29 M
Total Liabilities26.36 B26.65 B34.53 B34.41 B31.95 B30.67 B
Current Liabilities7.69 B7.24 B9.22 B7.95 B9.04 B8.94 B
Tax Liabilities310 M243 M194 M300 M260 M271.43 M

3M Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what 3M's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201720182019202020212022 (projected)
Direct Expenses16 B16.68 B17.14 B16.61 B18.8 B16.68 B
Consolidated Income4.87 B5.36 B4.53 B5.45 B5.93 B6 B
Cost of Revenue16.05 B16.68 B17.14 B16.61 B18.8 B19.35 B
Gross Profit15.6 B16.08 B15 B15.58 B16.56 B17.5 B
Net Income4.86 B5.35 B4.52 B5.45 B5.92 B5.98 B
Operating Expenses7.91 B8.88 B8.83 B8.42 B9.19 B9.62 B
Operating Income7.69 B7.21 B6.17 B7.16 B7.37 B7.88 B
Revenues31.66 B32.77 B32.14 B32.18 B35.35 B36.85 B
Income Tax Expense2.68 B1.64 B1.11 B1.34 B1.28 B1.42 B

3M Key Cash Accounts

Cash flow analysis captures how much money flows into and out of 3M Company. It measures of how well 3M is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money 3M brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money 3M had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what 3M has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201720182019202020212022 (projected)
Depreciation Amortization and Accretion1.54 B1.49 B1.59 B1.91 B1.92 B1.88 B
Net Cash Flow or Change in Cash and Cash Equivalents655 M(200 M)(500 M)2.28 B(70 M)(71.84 M)
Net Cash Flow Business Acquisitions and Disposals(958 M)859 M(4.75 B)551 M495.9 M535.05 M
Issuance Purchase of Equity Shares(1.33 B)(4.38 B)(860 M)61 M(1.56 B)(1.68 B)
Issuance Repayment of Debt Securities1.6 B933 M3.25 B(1.88 B)(1.15 B)(1.18 B)
Payment of Dividends and Other Cash Distributions(2.8 B)(3.19 B)(3.32 B)(3.39 B)(3.42 B)(3.69 B)
Net Cash Flow from Financing(2.65 B)(6.7 B)(1.12 B)(5.3 B)(6.14 B)(6.63 B)
Net Cash Flow from Investing(3.09 B)222 M(6.44 B)(580 M)(1.32 B)(1.42 B)
Net Cash Flow Investment Acquisitions and Disposals(798 M)669 M(192 M)232 M204 M195.63 M
Net Cash Flow from Operations6.24 B6.44 B7.07 B8.11 B7.45 B7.68 B
Effect of Exchange Rate Changes on Cash156 M(160 M)(2 M)48 M(62 M)(63.63 M)
Share Based Compensation324 M302 M278 M262 M274 M274.84 M

3M Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining 3M's current stock value. Our valuation model uses many indicators to compare 3M value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 3M competition to find correlations between indicators driving 3M's intrinsic value. More Info.
3M Company is rated top company in total debt category among related companies. It is considered to be number one stock in price to book category among related companies . The ratio of Total Debt to Price to Book for 3M Company is about  2,920,203,735 . 3M Total Debt is relatively stable at the moment as compared to the past year. The company's current value of Total Debt is estimated at 16.64 Billion. Comparative valuation analysis is a catch-all model that can be used if you cannot value 3M by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for 3M's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the 3M's earnings, one of the primary drivers of an investment's value.

3M Company Systematic Risk

3M's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. 3M volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on 3M Company correlated with the market. If Beta is less than 0 3M generally moves in the opposite direction as compared to the market. If 3M Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one 3M Company is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of 3M is generally in the same direction as the market. If Beta > 1 3M moves generally in the same direction as, but more than the movement of the benchmark.
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About 3M Financials

What exactly are 3M Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include 3M's income statement, its balance sheet, and the statement of cash flows. Potential 3M investors and stakeholders use financial statements 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. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as 3M is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of 3M grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

3M Thematic Clasifications

3M Company is part of several thematic ideas from Macroaxis Index to Climate Change. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
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3M August 10, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of 3M help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of 3M Company. We use our internally-developed statistical techniques to arrive at the intrinsic value of 3M Company based on widely used predictive technical indicators. In general, we focus on analyzing 3M Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build 3M's daily price indicators and compare them against related drivers.
Downside Deviation1.5
Information Ratio0.0083
Maximum Drawdown6.7
Value At Risk(2.14)
Potential Upside2.5
Additionally, see Stocks Correlation. 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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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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.
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.