3 M Co financial data

Symbol
MMM on NYSE
Industry
Surgical & Medical Instruments & Apparatus
Location
3 M Center, Bldg. 220 13 E 26 A, St Paul, MN
State of incorporation
Delaware
Fiscal year end
December 31
Former names
MINNESOTA MINING & MANUFACTURING CO (to 2/6/2002)
Latest financial report
10-Q - Q2 2024 - Jul 26, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 127 % -14.9%
Quick Ratio 30.8 % -42%
Debt-to-equity 987 % +276%
Return On Equity 20.4 %
Return On Assets 1.9 %
Operating Margin 5.4 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 549M shares -0.48%
Common Stock, Shares, Outstanding 549M shares -0.48%
Entity Public Float 55.2B USD -25.1%
Common Stock, Value, Issued 9M USD 0%
Weighted Average Number of Shares Outstanding, Basic 554M shares -0.02%
Weighted Average Number of Shares Outstanding, Diluted 555M shares +0.16%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 32.6B USD +5.2%
Revenue from Contract with Customer, Excluding Assessed Tax 6.26B USD -0.45%
Cost of Revenue 18B USD +2.16%
Costs and Expenses 30.9B USD -10.1%
Operating Income (Loss) 1.76B USD
Nonoperating Income (Expense) -562M USD -207%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.2B USD
Income Tax Expense (Benefit) -132M USD +92.3%
Net Income (Loss) Attributable to Parent 943M USD
Earnings Per Share, Basic 1.69 USD/shares
Earnings Per Share, Diluted 1.7 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 3.58B USD -27.7%
Inventory, Net 4.06B USD -23.1%
Other Assets, Current 1.1B USD +104%
Assets, Current 19.5B USD +23.9%
Deferred Income Tax Assets, Net 4.92B USD +413%
Property, Plant and Equipment, Net 7.47B USD -18.9%
Operating Lease, Right-of-Use Asset 610M USD -24.9%
Intangible Assets, Net (Excluding Goodwill) 1.27B USD -71.7%
Goodwill 6.32B USD -50.9%
Other Assets, Noncurrent 8.2B USD +42.2%
Assets 43.4B USD -11.3%
Accounts Payable, Current 2.81B USD -12.9%
Employee-related Liabilities, Current 602M USD -23.3%
Contract with Customer, Liability, Current 565M USD +8.65%
Liabilities, Current 14.3B USD +31.2%
Accrued Income Taxes, Noncurrent 872M USD -17%
Deferred Income Tax Liabilities, Net 528M USD -5.55%
Operating Lease, Liability, Noncurrent 443M USD -22.3%
Other Liabilities, Noncurrent 11.1B USD -24.2%
Liabilities 39.4B USD -3.98%
Accumulated Other Comprehensive Income (Loss), Net of Tax -5.57B USD +13.5%
Retained Earnings (Accumulated Deficit) 35.5B USD -12%
Stockholders' Equity Attributable to Parent 3.92B USD -49.8%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 3.99B USD -49.2%
Liabilities and Equity 43.4B USD -11.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 767M USD -39.8%
Net Cash Provided by (Used in) Financing Activities 4.62B USD
Net Cash Provided by (Used in) Investing Activities -393M USD -1.81%
Common Stock, Shares Authorized 3B shares 0%
Common Stock, Shares, Issued 944M shares 0%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 4.98B USD +2846%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 10.1B USD +137%
Deferred Tax Assets, Valuation Allowance 1.47B USD +1052%
Deferred Tax Assets, Gross 6.05B USD +157%
Operating Lease, Liability 759M USD -9.75%
Payments to Acquire Property, Plant, and Equipment 375M USD -21.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.23B USD
Lessee, Operating Lease, Liability, to be Paid 818M USD -8.19%
Property, Plant and Equipment, Gross 23.3B USD -12%
Operating Lease, Liability, Current 169M USD -30.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 173M USD -9.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 247M USD -7.84%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure +45.5%
Deferred Income Tax Expense (Benefit) 144M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 59M USD +18%
Lessee, Operating Lease, Liability, to be Paid, Year Three 118M USD -9.92%
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 800M USD -13.7%
Lessee, Operating Lease, Liability, to be Paid, Year Four 81M USD -2.41%
Amortization of Intangible Assets 472M USD +21.3%
Depreciation, Depletion and Amortization 430M USD -7.73%
Deferred Tax Assets, Net of Valuation Allowance 5.35B USD +139%
Share-based Payment Arrangement, Expense 154M USD +340%
Interest Expense 1.38B USD +183%