Craft

3M

Stock Price

$124.8

2024-10-25

Market Capitalization

$72.4 B

2024-08-26

Revenue

$32.7 B

FY, 2023

3M Summary

Company Summary

Overview
3M (formerly known as Minnesota Mining and Manufacturing) is a company that provides product development, manufacturing, and marketing solutions. It operates through four segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. The Safety and Industrial segment specializes in personal safety products, industrial adhesives and tapes, abrasives, closure and masking systems, electrical products and materials, roofing granules, etc. The Transportation and Electronics segment delivers advanced ceramic solutions, films, electronics assembly, packaging and interconnection, and other solutions. The Health Care segment offers health information systems, skin, wound care, infection prevention products and solutions, etc. The Consumer segment includes consumer bandages, braces, supports and consumer respirators, retail abrasives, paint accessories, and other products. The company caters to automotive, design and construction, electronics, energy, government, health care, manufacturing, safety, transportation, and other industries.
Type
Public
Status
Active
Founded
1902
HQ
Saint Paul, MN, US | view all locations
Website
https://www.3m.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • William M. Brown

    William M. Brown, Chief Executive Officer & Director

  • John Banovetz

    John Banovetz, Executive Vice President, Chief Technology Officer and Environmental Responsibility

  • Zoe Dickson

    Zoe Dickson, Executive Vice President and Chief Human Resources Officer

  • Mark Murphy

    Mark Murphy, Executive Vice President, Chief Information and Digital Officer

Operating MetricsView all

Manufacturing Facilities (United States)

60
1.6%

FY, 2023

Countries (Facilities)

28
3.4%

FY, 2023

Manufacturing Facilities (Foreign)

81
2.4%

FY, 2023

LocationsView all

148 locations detected

  • Saint Paul, MN HQ

    United States

    3M Center

  • Aberdeen, SD

    United States

    610 Co Rd 19

  • Alexandria, MN

    United States

    2115 S Broadway St

  • Ames, IA

    United States

    900 Dayton Ave

  • Angleton, TX

    United States

    1508 E Cedar St

  • Brookings, SD

    United States

    601 22nd Ave S

and 142 others

3M Financials

Summary Financials

Revenue (Q3, 2024)
$6.3B
Gross profit (Q3, 2024)
$2.6B
Net income (Q3, 2024)
$1.4B
Cash (Q3, 2024)
$6.1B
EBIT (Q3, 2024)
$1.3B
Enterprise value
$79.6B

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