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, Minnesota
State of incorporation
Delaware
Fiscal year end
December 31
Former names
MINNESOTA MINING & MANUFACTURING CO (to 2/6/2002)
Latest financial report
Q1 2024 - Apr 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 128 % -14.7%
Quick Ratio 36.6 % -34.1%
Debt-to-equity 822 % +274%
Return On Equity -126 % -435%
Return On Assets -13.8 % -217%
Operating Margin -27.2 % -248%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 553M shares +0.31%
Common Stock, Shares, Outstanding 553M shares +0.31%
Entity Public Float 55.2B USD -25.1%
Common Stock, Value, Issued 9M USD 0%
Weighted Average Number of Shares Outstanding, Basic 555M shares +0.42%
Weighted Average Number of Shares Outstanding, Diluted 556M shares +0.49%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 32.7B USD -2.33%
Revenue from Contract with Customer, Excluding Assessed Tax 34.2B USD -3.19%
Cost of Revenue 18.2B USD -4.34%
Research and Development Expense 1B USD -9.09%
Costs and Expenses 41.5B USD +52.1%
Operating Income (Loss) -8.87B USD -244%
Nonoperating Income (Expense) -772M USD -380%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -9.64B USD -261%
Income Tax Expense (Benefit) -2.6B USD -599%
Net Income (Loss) Attributable to Parent -7.04B USD -229%
Earnings Per Share, Basic -12.7 USD/shares -231%
Earnings Per Share, Diluted -12.7 USD/shares -231%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 4.75B USD +2.42%
Inventory, Net 4.9B USD -7.71%
Other Assets, Current 340M USD -30.9%
Assets, Current 21.6B USD +44.4%
Deferred Income Tax Assets, Net 4.92B USD +413%
Property, Plant and Equipment, Net 9.07B USD -1.89%
Operating Lease, Right-of-Use Asset 744M USD -15.7%
Intangible Assets, Net (Excluding Goodwill) 4.11B USD -10.5%
Goodwill 12.8B USD -0.36%
Other Assets, Noncurrent 6.9B USD +58.5%
Assets 55.2B USD +17.8%
Accounts Payable, Current 3.37B USD +7.73%
Employee-related Liabilities, Current 607M USD +0.5%
Contract with Customer, Liability, Current 565M USD +8.65%
Liabilities, Current 13.2B USD +24.6%
Accrued Income Taxes, Noncurrent 872M USD -17%
Deferred Income Tax Liabilities, Net 528M USD -5.55%
Operating Lease, Liability, Noncurrent 517M USD -17.5%
Other Liabilities, Noncurrent 13.7B USD +152%
Liabilities 50.3B USD +59.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax -6.83B USD -4.53%
Retained Earnings (Accumulated Deficit) 37.5B USD -21.9%
Stockholders' Equity Attributable to Parent 4.87B USD -68.2%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 4.93B USD -67.9%
Liabilities and Equity 55.2B USD +17.8%

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 10.9B USD +185%
Interest Paid, Excluding Capitalized Interest, Operating Activities 520M USD +18.2%
Deferred Tax Assets, Valuation Allowance 703M USD +517%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
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 -7.34B USD -227%
Lessee, Operating Lease, Liability, to be Paid 818M USD -8.19%
Property, Plant and Equipment, Gross 26.7B USD +1.44%
Operating Lease, Liability, Current 227M USD -13.7%
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%
Deferred Federal Income Tax Expense (Benefit) -3.07B USD -402%
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%
Operating Lease, Payments 286M USD -3.05%
Current State and Local Tax Expense (Benefit) 78M USD +2.63%
Current Federal Tax Expense (Benefit) 376M USD -38%
Amortization of Intangible Assets 474M USD -3.07%
Depreciation, Depletion and Amortization 430M USD -7.73%
Deferred Tax Assets, Net of Valuation Allowance 5.35B USD +139%
Share-based Payment Arrangement, Expense 274M USD +4.18%
Deferred State and Local Income Tax Expense (Benefit) -504M USD -563%
Interest Expense 1.2B USD +155%