3M
3M is a consumer goods, health care, and worker safety conglomerate that produces over 60,000 products under several different brands, including Post-it, Scotch, Filtrete, Command, and Nexcare. Other 3M lines include adhesives, laminates, personal protective equipment, dental and orthodontic items, and car-care products. In February 2021, 3M announced plans to invest approximately $1 billion over the next 20 years in sustainability goals like achieving carbon neutrality by 2050; reducing water use by 25% at 3M facilities; and returning higher quality water to the environment after use in manufacturing operations. During the coronavirus pandemic, 3M worked with the U.S. government to help provide N95 masks and other protective equipment to frontline and essential workers.
Courtesy of 3M
Company Information
As of 6/5/23
Country
U.S.
Headquarters
St. Paul
Industry
Chemicals
CEO
Michael F. Roman
Website
Company Type
Public
Ticker
MMM
Revenues ($M)
$34,229
Profits ($M)
$5,777
Market Value ($M)
$57,965
Employees
92,000
Market value as of March 31, 2023.
America's Most Innovative Companies
Sector
Industrials
Culture rank
191
Process rank
200
Product rank
33
World's Most Admired Companies
Sector
Natural resources
Industry
Chemicals
Current All-Star Rank
30
Previous All-Star Rank
29
Industry Rank
3
Previous Industry Rank
2
Overall Score
7.2
Innovation
1
People Management
2
Use of Corporate Assets
6
Social Responsibility
5
Quality of Management
3
Financial Soundness
7
Long-Term Investment Value
8
Quality of Products/Services
1
Global Competitiveness
1
Key Financials (Last Fiscal Year)
$ millions
% change
Revenues ($M)
$35,355
9.9%
Profits ($M)
$5,921
10%
Assets ($M)
$47,072
-
Total Stockholder Equity ($M)
$15,046
-
Profit Ratios
Profit as % of Revenues
16.7%
Profits as % of Assets
12.6%
Profits as % of Stockholder Equity
39.4%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)
10.12
EPS % Change (from 2020)
9.4%
EPS % Change (5 year annual rate)
4.4%
EPS % Change (10 year annual rate)
5.4%
Total Return
Total Return to Investors (2021)
4.9%
Total Return to Investors (5 year, annualized)
2.9%
Total Return to Investors (10 year, annualized)
11.1%
