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3M Company (MMM)

NYSE Industrials Conglomerates
$165.42 ▼ -0.28%
Market Cap
$85.31B
Sector
Industrials
Industry
Conglomerates
Beta
1.07
52-Wk Range
139.34-184.9
CEO
William Brown
Country
US
Currency
USD

3M Company operates in the Conglomerates industry of the Industrials sector, headquartered in Saint Paul, MN, US. The stock last traded at $165.42, down 0.28% on the session, giving a market capitalisation of $85.31B. On trailing twelve-month figures it carries a trailing P/E of 29.23, a net margin of 11.9%. Its beta of 1.07 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
29.23
Price / Sales
3.39
Price / Book
29.39
EV / EBITDA
17.41
Gross margin
39.4%
Operating margin
19.0%
Net margin
11.9%
Return on equity
Debt / equity
4.25
Current ratio
1.24
Dividend yield
1.9%
Payout ratio
152.9%
Company profile
Exchange
New York Stock Exchange
Employees
60,500
IPO date
1946-01-14
Headquarters
Saint Paul, MN, US
About 3M Company

3M Company operates as a global technology conglomerate with diverse interests. Its extensive operations are strategically divided into four primary business segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. The Safety and Industrial division supplies a broad array of products, including specialized abrasives and finishing tools for metalworking, automotive body repair kits, fastening systems for personal hygiene items, various masking and packaging materials, electrical components for construction, maintenance, and power distribution, strong structural adhesives and tapes, comprehensive personal protective equipment for respiratory, auditory, visual, and fall protection, and mineral granules for roofing shingles. Within the Transportation and Electronics sector, offerings encompass advanced ceramic solutions, specialized attachment tapes and films, sophisticated sound and temperature management systems for vehicles, high-quality large-format graphic films for advertising and fleet branding, optical films, electronic assembly solutions, robust packaging and interconnection technologies, and reflective materials crucial for highway and vehicle safety. The Health Care segment provides essential solutions such as food safety indicators, software for medical procedure coding and reimbursement, a wide range of products for skin and wound care, infection prevention, dental and orthodontic supplies, and advanced filtration and purification systems. Finally, the Consumer unit delivers an assortment of household and personal products, including bandages, braces, support devices, and personal respirators; various home cleaning supplies; retail-grade abrasives, paint accessories, DIY car care products, picture hanging solutions, and consumer-focused air quality improvements; along with a selection of stationery items. The company distributes its extensive product portfolio through both online platforms and a comprehensive traditional network, leveraging wholesalers, retailers, jobbers, distributors, and authorized dealers. This enterprise was founded in 1902 and maintains its corporate headquarters in St. Paul, Minnesota.

Comparable companies

3M Company is most often compared with the following Industrials names:

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