Financials 3M Company

Equities

MMM

US88579Y1010

Consumer Goods Conglomerates

Market Closed - Nyse 04:00:02 2024-05-24 pm EDT 5-day change 1st Jan Change
99.67 USD +0.16% Intraday chart for 3M Company -5.31% -8.83%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 101,450 100,823 102,360 69,104 60,379 55,154 - -
Enterprise Value (EV) 1 119,410 114,984 115,159 81,150 70,428 60,195 59,169 59,468
P/E ratio 22.6 x 18.9 x 17.6 x 11.8 x -8.66 x 16 x 13.3 x 12.4 x
Yield 3.26% 3.36% 3.33% 4.97% 5.49% 3.62% 3.81% 4.03%
Capitalization / Revenue 3.16 x 3.13 x 2.9 x 2.02 x 1.85 x 2.34 x 2.26 x 2.19 x
EV / Revenue 3.72 x 3.57 x 3.26 x 2.37 x 2.16 x 2.55 x 2.42 x 2.36 x
EV / EBITDA 14.2 x 13.1 x 12.4 x 9.07 x 8.64 x 9.31 x 8.54 x 8.35 x
EV / FCF 22.2 x 17.4 x 19.7 x 21.1 x 13.9 x 16.6 x 15.4 x 19.2 x
FCF Yield 4.5% 5.75% 5.08% 4.73% 7.19% 6.02% 6.49% 5.21%
Price to Book 10.1 x 7.81 x 6.72 x 4.61 x 12.4 x 9.55 x 6.94 x 5.47 x
Nbr of stocks (in thousands) 575,051 576,822 576,253 576,253 552,317 553,361 - -
Reference price 2 176.4 174.8 177.6 119.9 109.3 99.67 99.67 99.67
Announcement Date 1/28/20 1/26/21 1/25/22 1/24/23 1/23/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 32,136 32,184 35,355 34,229 32,681 23,620 24,457 25,208
EBITDA 1 8,417 8,755 9,284 8,947 8,147 6,466 6,929 7,123
EBIT 1 6,824 6,844 7,369 7,116 6,388 5,052 5,480 5,790
Operating Margin 21.23% 21.27% 20.84% 20.79% 19.55% 21.39% 22.41% 22.97%
Earnings before Tax (EBT) 1 5,712 6,711 7,204 6,392 -9,688 4,601 5,123 5,566
Net income 1 4,570 5,384 5,921 5,777 -6,995 3,460 4,099 4,432
Net margin 14.22% 16.73% 16.75% 16.88% -21.4% 14.65% 16.76% 17.58%
EPS 2 7.810 9.250 10.12 10.18 -12.63 6.224 7.507 8.068
Free Cash Flow 1 5,371 6,612 5,851 3,842 5,065 3,623 3,840 3,101
FCF margin 16.71% 20.54% 16.55% 11.22% 15.5% 15.34% 15.7% 12.3%
FCF Conversion (EBITDA) 63.81% 75.52% 63.02% 42.94% 62.17% 56.04% 55.42% 43.53%
FCF Conversion (Net income) 117.53% 122.81% 98.82% 66.51% - 104.71% 93.69% 69.97%
Dividend per Share 2 5.760 5.880 5.920 5.960 6.000 3.606 3.793 4.013
Announcement Date 1/28/20 1/26/21 1/25/22 1/24/23 1/23/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 8,612 8,829 8,702 8,619 8,079 8,031 8,325 8,312 8,013 8,003 5,883 6,062 5,871 5,864 5,999
EBITDA 1 2,123 2,100 2,288 2,305 2,004 1,813 1,963 2,325 2,046 2,096 1,491 1,748 1,532 1,677 1,695
EBIT 1 1,616 1,641 1,826 1,855 1,544 1,376 1,545 1,859 1,608 1,690 1,186 1,394 1,216 1,328 1,302
Operating Margin 18.76% 18.59% 20.98% 21.52% 19.11% 17.13% 18.56% 22.37% 20.07% 21.12% 20.16% 23% 20.72% 22.65% 21.7%
Earnings before Tax (EBT) 1 1,564 1,603 60 4,132 597 1,189 -9,023 -2,854 1,000 1,237 1,138 1,321 1,116 1,416 1,246
Net income 1 1,339 1,299 78 3,859 541 976 -6,841 -2,075 945 928 920.6 1,059 939.3 1,142 1,005
Net margin 15.55% 14.71% 0.9% 44.77% 6.7% 12.15% -82.17% -24.96% 11.79% 11.6% 15.65% 17.47% 16% 19.48% 16.75%
EPS 2 2.310 2.260 0.1400 6.770 0.9800 1.760 -12.35 -3.740 1.700 1.670 1.654 1.931 1.724 2.049 1.801
Dividend per Share 2 1.480 1.490 1.480 1.490 1.490 1.500 1.500 - 1.500 - 0.7000 0.7000 0.7000 0.7945 0.7945
Announcement Date 1/25/22 4/26/22 7/26/22 10/25/22 1/24/23 4/25/23 7/25/23 10/24/23 1/23/24 4/30/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 17,960 14,161 12,799 12,046 10,049 5,042 4,015 4,315
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.134 x 1.617 x 1.379 x 1.346 x 1.233 x 0.7798 x 0.5795 x 0.6058 x
Free Cash Flow 1 5,371 6,612 5,851 3,842 5,065 3,623 3,840 3,101
ROE (net income / shareholders' equity) 45.8% 46.7% 42.2% 38.4% 52.2% 88.3% 75.7% 61.7%
ROA (Net income/ Total Assets) 11.3% 11.7% 12.5% 12.4% -14.4% 7.63% 8.77% 9.67%
Assets 1 40,580 46,001 47,208 46,763 48,517 45,353 46,741 45,840
Book Value Per Share 2 17.50 22.40 26.40 26.00 8.790 10.40 14.40 18.20
Cash Flow per Share 2 12.10 13.90 12.70 9.850 12.10 7.930 9.370 10.80
Capex 1 1,699 1,501 1,603 1,749 1,615 1,297 1,335 1,341
Capex / Sales 5.29% 4.66% 4.53% 5.11% 4.94% 5.49% 5.46% 5.32%
Announcement Date 1/28/20 1/26/21 1/25/22 1/24/23 1/23/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
18
Last Close Price
99.67 USD
Average target price
102.4 USD
Spread / Average Target
+2.77%
Consensus
  1. Stock Market
  2. Equities
  3. MMM Stock
  4. Financials 3M Company