3M Company MMM
Conglomerates, Industrials
$162.12
−0.93%
- Market cap
- $83.6B
- PE
- 28.8×
- 10y median 17.8×
- Forward PE
- Price to sales
- 3.3×
- EV/EBIT
- 19.9×
- Revenue, 12 months
- $25.2B
- +2% on a year ago
- Net margin
- 11.9%
- Free cash flow yield
- 4.8%
3M trades at 28.8× trailing earnings, pricier than 93% of the last ten years. Revenue was $25.2B over the last twelve months, up 2% on a year earlier with a 12% net margin.
Charts
Financials
| Income statement | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| $6B | $6B | $6.3B | $6.3B | $6B+0% | $6B−1% | $6.3B+1% | $6.5B+4% | $6.1B+2% | $6B+1% | $6.5B+3% | |
| Cost of revenue | $3.8B | $3.5B | $3.6B | $3.6B | $3.7B−1% | $3.5B−0% | $3.6B+2% | $3.8B+4% | $4.1B+9% | $3.6B+3% | $3.8B+5% |
| Gross profit | — | $2.5B | $2.7B | $2.6B | $2.3B | $2.5B−2% | $2.7B+1% | $2.7B+3% | $2.1B−9% | $2.5B−1% | $2.7B−1% |
| R&D | $286M | $244M | $279M | $266M | $281M−2% | $285M+17% | $288M+3% | $297M+12% | $299M+6% | $308M+8% | $302M+5% |
| SG&A | $1B | $1.1B | $1.1B | $1.1B | $899M−12% | $945M−16% | $1.3B+12% | $820M−23% | $965M+7% | $744M−21% | $1.1B−16% |
| $5.2B | $1.1B | $1.3B | $1.3B | $1.1B−79% | $1.2B+8% | $1.1B−10% | $1.4B+10% | $796M−27% | $1.4B+12% | $984M−14% | |
| Interest expense | $367M | $339M | $316M | $274M | $249M−32% | $253M−25% | $235M−26% | $232M−15% | $222M−11% | $214M−15% | $0 |
| Pre-tax income | $662M | $929M | $1.4B | $1.7B | $759M+15% | $1.4B+49% | $923M−35% | $1.1B−33% | $758M−0% | $878M−37% | $1.1B+21% |
| $26M | $220M | $203M | $348M | $33M+27% | $265M+21% | $245M+21% | $308M−12% | $185M+461% | $221M−17% | $183M−25% | |
| Net income | $945M | $928M | $1.1B | $1.4B | $728M−23% | $1.1B+20% | $723M−37% | $834M−39% | $577M−21% | $653M−42% | $933M+29% |
| $1.70 | $1.67 | $2.07 | $2.48 | $1.33−22% | $2.04+22% | $1.34−35% | $1.55−38% | $1.07−20% | $1.23−40% | $1.78+33% | |
| 555.4M | 555.9M | 554.8M | 552.7M | 546.3M−2% | 547.7M−2% | 540.6M−3% | 538.1M−3% | 539M−1% | 532.8M−3% | 522.4M−3% |
From each company's 10-Q and 10-K filings. Fiscal years are four fiscal quarters added up; balance sheet lines are as of the period's end. Growth is on the same period a year earlier.
Estimates
Next earnings report: .
Analyst consensus for the next eight quarters, with the range from the lowest to the highest estimate, is part of Superworth Pro.
Peers
Companies in Industrials within ten times 3M's size, closest in size first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| MMM3M Company | $83.6B | 28.8× | 17.8× | 3.3× | +2% | 11.9% | |
| WMWaste Management, Inc. | $83.5B | 29.6× | 30.6× | 3.3× | +7% | 11.1% | |
| BEBloom Energy Corporation | $85.8B | 386× | 2468× | 27.6× | +91% | 8.0% | |
| CSXCSX Corporation | $86.7B | 27.1× | 19.0× | 6.0× | +3% | 22.2% | |
| GDGeneral Dynamics Corporation | $88.4B | 19.9× | 19.4× | 1.6× | +9% | 8.2% | |
| EMREmerson Electric Co. | $88.8B | 34.8× | 23.4× | 4.8× | +5% | 13.8% | |
| HWMHowmet Aerospace Inc. | $88.8B | 48.0× | 40.5× | 9.7× | +18% | 20.5% | |
| UPSUnited Parcel Service, Inc. | $78.5B | 17.2× | 19.5× | 0.9× | −0% | 5.1% | |
| CTASCintas Corporation | $78.3B | 38.9× | 36.7× | 6.8× | +10% | 17.8% | |
| ITWIllinois Tool Works Inc. | $74.4B | 23.7× | 24.1× | 4.5× | +4% | 19.4% | |
| VRTVertiv Holdings Co | $94.9B | 55.8× | 75.4× | 8.3× | +26% | 15.1% | |
| Peer median | $86.3B | 32.2× | 27.3× | 5.4× | +8% | 14.5% |
About
- Industry
- Conglomerates
- Sector
- Industrials
Valuation data, not investment advice. Prices as of .