Financials 3M Company

Equities

MMM

US88579Y1010

Consumer Goods Conglomerates

Market Closed - Nyse 16:00:02 2024-04-26 EDT 5-day change 1st Jan Change
91.83 USD +0.46% Intraday chart for 3M Company -0.48% -16.00%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 101,450 100,823 102,360 69,104 60,379 50,815 - -
Enterprise Value (EV) 1 119,410 114,984 115,159 81,150 70,428 53,415 53,575 59,456
P/E ratio 22.6 x 18.9 x 17.6 x 11.8 x -8.66 x 13.2 x 12.8 x 12.5 x
Yield 3.26% 3.36% 3.33% 4.97% 5.49% 6.04% 6.31% 7.22%
Capitalization / Revenue 3.16 x 3.13 x 2.9 x 2.02 x 1.85 x 2 x 2.06 x 1.97 x
EV / Revenue 3.72 x 3.57 x 3.26 x 2.37 x 2.16 x 2.1 x 2.17 x 2.31 x
EV / EBITDA 14.2 x 13.1 x 12.4 x 9.07 x 8.64 x 7.63 x 7.71 x 7.96 x
EV / FCF 22.2 x 17.4 x 19.7 x 21.1 x 13.9 x 15 x 14.8 x 18 x
FCF Yield 4.5% 5.75% 5.08% 4.73% 7.19% 6.65% 6.77% 5.56%
Price to Book 10.1 x 7.81 x 6.72 x 4.61 x 12.4 x 9.19 x 6.34 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 91.83 91.83 91.83
Announcement Date 20-01-28 21-01-26 22-01-25 23-01-24 24-01-23 - - -
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 25,459 24,663 25,736
EBITDA 1 8,417 8,755 9,284 8,947 8,147 7,000 6,949 7,474
EBIT 1 6,824 6,844 7,369 7,116 6,388 5,255 5,298 5,603
Operating Margin 21.23% 21.27% 20.84% 20.79% 19.55% 20.64% 21.48% 21.77%
Earnings before Tax (EBT) 1 5,712 6,711 7,204 6,392 -9,688 4,543 4,696 5,182
Net income 1 4,570 5,384 5,921 5,777 -6,995 3,864 3,984 4,090
Net margin 14.22% 16.73% 16.75% 16.88% -21.4% 15.18% 16.15% 15.89%
EPS 2 7.810 9.250 10.12 10.18 -12.63 6.960 7.184 7.360
Free Cash Flow 1 5,371 6,612 5,851 3,842 5,065 3,554 3,626 3,304
FCF margin 16.71% 20.54% 16.55% 11.22% 15.5% 13.96% 14.7% 12.84%
FCF Conversion (EBITDA) 63.81% 75.52% 63.02% 42.94% 62.17% 50.77% 52.18% 44.2%
FCF Conversion (Net income) 117.53% 122.81% 98.82% 66.51% - 91.99% 91.02% 80.77%
Dividend per Share 2 5.760 5.880 5.920 5.960 6.000 5.545 5.798 6.633
Announcement Date 20-01-28 21-01-26 22-01-25 23-01-24 24-01-23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 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
Net sales 1 8,942 8,612 8,829 8,702 8,619 8,079 8,031 8,325 8,312 8,013 7,664 5,943 6,020 5,991 5,838
EBITDA 1 2,264 2,123 2,100 2,288 2,305 2,004 1,813 1,963 2,325 2,046 1,969 1,611 1,802 1,598 1,571
EBIT 1 1,788 1,616 1,641 1,826 1,855 1,544 1,376 1,545 1,859 1,608 1,516 1,196 1,355 1,223 1,165
Operating Margin 20% 18.76% 18.59% 20.98% 21.52% 19.11% 17.13% 18.56% 22.37% 20.07% 19.78% 20.12% 22.51% 20.41% 19.96%
Earnings before Tax (EBT) 1 1,757 1,564 1,603 60 4,132 597 1,189 -9,023 -2,854 1,000 1,366 1,050 1,182 1,119 -
Net income 1 1,434 1,339 1,299 78 3,859 541 976 -6,841 -2,075 945 1,106 874.7 1,006 924.5 -
Net margin 16.04% 15.55% 14.71% 0.9% 44.77% 6.7% 12.15% -82.17% -24.96% 11.79% 14.43% 14.72% 16.71% 15.43% -
EPS 2 2.450 2.310 2.260 0.1400 6.770 0.9800 1.760 -12.35 -3.740 1.700 2.041 1.576 1.814 1.665 -
Dividend per Share 2 1.480 1.480 1.490 1.480 1.490 1.490 1.500 1.500 - 1.500 1.574 1.499 1.431 1.520 1.599
Announcement Date 21-10-26 22-01-25 22-04-26 22-07-26 22-10-25 23-01-24 23-04-25 23-07-25 23-10-24 24-01-23 - - - - -
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 2,600 2,760 8,641
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.134 x 1.617 x 1.379 x 1.346 x 1.233 x 0.3714 x 0.3972 x 1.156 x
Free Cash Flow 1 5,371 6,612 5,851 3,842 5,065 3,554 3,626 3,304
ROE (net income / shareholders' equity) 45.8% 46.7% 42.2% 38.4% 52.2% 95.8% 94% 129%
ROA (Net income/ Total Assets) 11.3% 11.7% 12.5% 12.4% -14.4% 7% 8.09% 9.6%
Assets 1 40,580 46,001 47,208 46,763 48,517 55,195 49,237 42,604
Book Value Per Share 2 17.50 22.40 26.40 26.00 8.790 9.990 14.50 -
Cash Flow per Share 2 12.10 13.90 12.70 9.850 12.10 6.710 8.150 9.470
Capex 1 1,699 1,501 1,603 1,749 1,615 1,466 1,378 1,309
Capex / Sales 5.29% 4.66% 4.53% 5.11% 4.94% 5.76% 5.59% 5.08%
Announcement Date 20-01-28 21-01-26 22-01-25 23-01-24 24-01-23 - - -
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
19
Last Close Price
91.83 USD
Average target price
100.1 USD
Spread / Average Target
+9.03%
Consensus
  1. Stock Market
  2. Equities
  3. MMM Stock
  4. Financials 3M Company