3M Company (MMM)
3M Company is a multinational corporation based in Minnesota, United States. It produces a wide range of products, including adhesives, abrasives, laminates, passive fire protection, personal protective equipment, window films, paint protection films, dental and orthodontic products, and electronic materials. The company is known for its intense research and development capabilities, with over 50,000 patents.
Company Info
| ISIN | US88579Y1010 |
|---|---|
| CUSIP | 88579Y101 |
| Sector | Industrials |
| Industry | Specialty Industrial Machinery |
Highlights
| Market Cap | $72.19B |
|---|---|
| EPS (TTM) | $2.57 |
| PE Ratio | 50.04 |
| PEG Ratio | 1.90 |
| Total Revenue (TTM) | $30.58B |
| Gross Profit (TTM) | $13.39B |
| EBITDA (TTM) | $2.75B |
| Year Range | $68.26 - $134.99 |
| Target Price | $130.43 |
| Short % | 1.59% |
| Short Ratio | 1.63 |
Share Price Chart
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Compare to other instruments
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Popular comparisons: MMM vs. MO, MMM vs. GOOD, MMM vs. VOO, MMM vs. O, MMM vs. JNJ, MMM vs. PEP, MMM vs. SCHD, MMM vs. MSFT, MMM vs. TGT, MMM vs. ^GSPC
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in 3M Company, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
3M Company had a return of 44.80% year-to-date (YTD) and 51.76% in the last 12 months. Over the past 10 years, 3M Company had an annualized return of 4.09%, while the S&P 500 had an annualized return of 10.55%, indicating that 3M Company did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 44.80% | 13.39% |
| 1 month | 5.26% | 4.02% |
| 6 months | 65.82% | 5.56% |
| 1 year | 51.76% | 21.51% |
| 5 years (annualized) | 2.88% | 12.69% |
| 10 years (annualized) | 4.09% | 10.55% |
Monthly Returns
The table below presents the monthly returns of MMM, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -13.69% | -0.74% | 15.14% | 8.82% | 4.48% | 2.05% | 24.82% | 6.17% | 44.80% | ||||
| 2023 | -4.04% | -5.14% | -2.44% | 1.06% | -10.82% | 7.27% | 11.40% | -2.90% | -12.23% | -2.85% | 10.64% | 10.35% | -3.33% |
| 2022 | -6.54% | -9.60% | 0.15% | -3.13% | 4.56% | -13.32% | 10.69% | -12.30% | -11.14% | 13.84% | 1.32% | -4.80% | -29.63% |
| 2021 | 0.50% | 0.48% | 10.07% | 2.31% | 3.75% | -2.17% | -0.35% | -0.87% | -9.92% | 1.86% | -4.06% | 4.46% | 4.85% |
| 2020 | -10.07% | -5.09% | -8.53% | 11.29% | 4.00% | -0.29% | -3.54% | 9.33% | -1.74% | -0.14% | 8.92% | 1.19% | 2.76% |
| 2019 | 5.12% | 4.26% | 0.19% | -8.79% | -14.98% | 8.51% | 0.80% | -6.59% | 1.66% | 0.36% | 3.79% | 3.92% | -4.29% |
| 2018 | 6.43% | -5.43% | -6.79% | -11.45% | 2.15% | -0.26% | 7.93% | 0.01% | -0.10% | -9.71% | 10.03% | -8.36% | -16.90% |
| 2017 | -2.10% | 7.29% | 2.67% | 2.35% | 5.04% | 1.82% | -3.37% | 2.15% | 2.73% | 9.67% | 6.16% | -3.20% | 34.90% |
| 2016 | 0.24% | 4.64% | 6.22% | 0.45% | 1.23% | 4.04% | 1.85% | 1.12% | -1.68% | -6.20% | 4.56% | 3.98% | 21.72% |
| 2015 | -1.23% | 4.56% | -2.19% | -5.19% | 2.36% | -3.00% | -1.92% | -5.43% | -0.26% | 10.89% | 0.25% | -3.79% | -5.91% |
| 2014 | -8.60% | 5.79% | 0.69% | 2.53% | 3.12% | 0.48% | -1.64% | 2.82% | -1.61% | 8.53% | 4.67% | 2.64% | 20.00% |
| 2013 | 8.29% | 4.07% | 2.22% | -1.51% | 5.91% | -0.83% | 7.39% | -2.74% | 5.13% | 5.39% | 6.61% | 5.05% | 54.45% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of MMM is 86, placing it in the top 14% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for 3M Company (MMM) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
3M Company granted a 3.05% dividend yield in the last twelve months. The annual payout for that period amounted to $3.92 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.92 | $5.02 | $4.98 | $4.95 | $4.92 | $4.82 | $4.55 | $3.93 | $3.71 | $3.43 | $2.86 | $2.12 |
Dividend yield | 3.05% | 5.49% | 4.97% | 3.33% | 3.36% | 3.26% | 2.85% | 2.00% | 2.49% | 2.72% | 2.08% | 1.81% |
Monthly Dividends
The table displays the monthly dividend distributions for 3M Company. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $1.26 | $0.00 | $0.00 | $0.70 | $0.00 | $0.00 | $0.70 | $0.00 | $2.66 | |||
| 2023 | $0.00 | $1.25 | $0.00 | $0.00 | $1.25 | $0.00 | $0.00 | $1.25 | $0.00 | $0.00 | $1.25 | $0.00 | $5.02 |
| 2022 | $0.00 | $1.25 | $0.00 | $0.00 | $1.25 | $0.00 | $0.00 | $1.25 | $0.00 | $0.00 | $1.25 | $0.00 | $4.98 |
| 2021 | $0.00 | $1.24 | $0.00 | $0.00 | $1.24 | $0.00 | $0.00 | $1.24 | $0.00 | $0.00 | $1.24 | $0.00 | $4.95 |
| 2020 | $0.00 | $1.23 | $0.00 | $0.00 | $1.23 | $0.00 | $0.00 | $1.23 | $0.00 | $0.00 | $1.23 | $0.00 | $4.92 |
| 2019 | $0.00 | $1.20 | $0.00 | $0.00 | $1.20 | $0.00 | $0.00 | $1.20 | $0.00 | $0.00 | $1.20 | $0.00 | $4.82 |
| 2018 | $0.00 | $1.14 | $0.00 | $0.00 | $1.14 | $0.00 | $0.00 | $1.14 | $0.00 | $0.00 | $1.14 | $0.00 | $4.55 |
| 2017 | $0.00 | $0.98 | $0.00 | $0.00 | $0.98 | $0.00 | $0.00 | $0.98 | $0.00 | $0.00 | $0.98 | $0.00 | $3.93 |
| 2016 | $0.00 | $0.93 | $0.00 | $0.00 | $0.93 | $0.00 | $0.00 | $0.93 | $0.00 | $0.00 | $0.93 | $0.00 | $3.71 |
| 2015 | $0.00 | $0.86 | $0.00 | $0.00 | $0.86 | $0.00 | $0.00 | $0.86 | $0.00 | $0.00 | $0.86 | $0.00 | $3.43 |
| 2014 | $0.00 | $0.71 | $0.00 | $0.00 | $0.71 | $0.00 | $0.00 | $0.71 | $0.00 | $0.00 | $0.71 | $0.00 | $2.86 |
| 2013 | $0.53 | $0.00 | $0.00 | $0.53 | $0.00 | $0.00 | $0.53 | $0.00 | $0.00 | $0.53 | $0.00 | $2.12 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the 3M Company. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the 3M Company was 59.10%, occurring on Oct 23, 2023. The portfolio has not yet recovered.
The current 3M Company drawdown is 23.17%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -59.1% | Jan 29, 2018 | 1444 | Oct 23, 2023 | — | — | — |
| -54.37% | Oct 8, 2007 | 356 | Mar 6, 2009 | 289 | Apr 29, 2010 | 645 |
| -50.95% | Sep 27, 1973 | 336 | Jan 24, 1975 | 1933 | Sep 20, 1982 | 2269 |
| -37.11% | Jan 15, 1970 | 121 | Jul 7, 1970 | 174 | Mar 15, 1971 | 295 |
| -34.94% | Oct 2, 1987 | 17 | Oct 26, 1987 | 450 | Aug 7, 1989 | 467 |
Volatility
Volatility Chart
The current 3M Company volatility is 5.66%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of 3M Company compared to its peers in the Specialty Industrial Machinery industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for MMM in comparison to other companies of the Specialty Industrial Machinery industry. Currently, MMM has a PE value of 50.0. This PE ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for MMM in comparison to other companies of the Specialty Industrial Machinery industry. Currently, MMM has a PEG value of 1.9. This PEG ratio falls in the average range for the industry.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for 3M Company.
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Income Statement
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