3M Co MMM
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if MMM is a good fit for your portfolio.
News
-
3M Currently Up Seven Consecutive Days, On Pace for Longest Winning Streak Since March 2022 — Data Talk
-
3M Up Six Consecutive Days, On Pace for Longest Winning Streak Since January 2023 — Data Talk
-
3M's stock surges to 16-month high after dividend cut was less than feared
-
3M Cuts Dividend 54% After Spinoff
-
3M's stock heads for 15-month high as analyst says it's no longer a 'leaky boat'
-
3M's stock surges toward a 14-month high after profit, sales beat expectations
-
3M on Track for Highest Close Since February 2023 — Data Talk
-
3M to recall about 40,000 noise-reducing earmuffs due to risk of overexposing user to loud noise
Trading Information
- Previous Close Price
- $89.00
- Day Range
- $89.50–89.50
- 52-Week Range
- $78.00–95.00
- Bid/Ask
- $92.00 / $187.00
- Market Cap
- $49.53 Bil
- Volume/Avg
- 31 / 25
Key Statistics
- Price/Earnings (Normalized)
- 10.69
- Price/Sales
- 1.75
- Dividend Yield (Trailing)
- 5.99%
- Dividend Yield (Forward)
- 2.78%
- Total Yield
- 6.03%
Company Profile
3M is a multinational conglomerate that has operated since 1902, when it was known as Minnesota Mining and Manufacturing. The company is well known for its research and development laboratory and it leverages its science and technology across multiple product categories. As of the second quarter of 2024, 3M is organized across three business segments: safety and industrial, transportation and electronics, and consumer. Nearly 50% of the company’s revenue comes from outside the Americas, with the safety and industrial segment constituting a plurality of net sales. Many of the company’s tens of thousands of products touch and concern a variety of consumers and end markets.
- Sector
- Industrials
- Industry
- Conglomerates
- Stock Style Box
- Large Value
- Total Number of Employees
- 85,000
- Website
- https://www.3m.com
Competitors
Valuation
|
Metric
|
MMM
|
KMB
|
DD
|
|---|---|---|---|
Price/Earnings (Normalized) | 10.69 | 19.52 | 22.62 |
Price/Book Value | 11.53 | 43.44 | 1.38 |
Price/Sales | 1.75 | 2.24 | 2.86 |
Price/Cash Flow | 9.72 | 14.87 | 14.87 |
Price/Earnings
MMM
KMB
DD
Financial Strength
|
Metric
|
MMM
|
KMB
|
DD
|
|---|---|---|---|
Quick Ratio | 1.19 | 0.47 | 1.42 |
Current Ratio | 1.64 | 0.82 | 2.33 |
Interest Coverage | −7.27 | 7.67 | 1.72 |
Quick Ratio
MMM
KMB
DD
Profitability
|
Metric
|
MMM
|
KMB
|
DD
|
|---|---|---|---|
Return on Assets (Normalized) | 10.67% | 13.44% | 3.84% |
Return on Equity (Normalized) | 71.61% | 303.53% | 6.07% |
Return on Invested Capital (Normalized) | 23.61% | 27.67% | 5.18% |
Return on Assets
MMM
KMB
DD
Conglomerates Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
HON
| Honeywell International Inc | Mgrfczqrq | Gzdmx | $134.5 Bil | |
MTSUY
| Mitsubishi Corp ADR (Unsponsored) | — | Hylkx | $89.6 Bil | |
MSBHF
| Mitsubishi Corp | — | Msyc | $89.6 Bil | |
HTHIF
| Hitachi Ltd | — | Ycqlbl | $86.0 Bil | |
HTHIY
| Hitachi Ltd ADR | — | Qhwlqd | $86.0 Bil | |
MITSF
| Mitsui & Co Ltd | — | Nmym | $76.4 Bil | |
MITSY
| Mitsui & Co Ltd ADR | — | Fzmh | $74.8 Bil | |
ITOCF
| ITOCHU Corp | — | Scnzvjq | $67.7 Bil | |
MMM
| 3M Co | Syznlqs | Sfpxq | $55.4 Bil | |
KYOCY
| Kyocera Corp ADR | Fvzdwdpr | Jvm | $16.9 Bil |