3M Company

3M operates as a diversified technology company, manufacturing numerous products, including adhesives, abrasives, laminates, passive fire protection, dental and orthodontic products, electronic materials, medical products, car-care products, electronic circuits, and optical films. The company operates in the industrial and transportation; health care; safety, security and protection services; consumer and office; display and graphics; and electro and communications businesses. Its industrial and transportation business serves a range of markets, such as appliance, paper and packaging, food and beverage, electronics, automotive original equipment manufacturer, and automotive aftermarket.
Company Growth (employees)
Type
Public
HQ
St. Paul, US
Founded
1902
Size (employees)
91,584 (est)
Website
3m.com
3M Company was founded in 1902 and is headquartered in St. Paul, US

Key People at 3M Company

Inge Thulin

Inge Thulin

Chairman of the Board, President, Chief Executive Officer
James Bauman

James Bauman

Executive Vice President
Frank Little

Frank Little

Executive Vice President
Michael Roman

Michael Roman

Executive Vice President
Hak Shin

Hak Shin

Executive Vice President
Joaquin Delgado

Joaquin Delgado

Executive Vice President
Nicholas Gangestad

Nicholas Gangestad

Chief Financial Officer and Senior Vice President
Ivan Fong

Ivan Fong

SVP, Legal Affairs and General Counsel
Paul Keel

Paul Keel

SVP, Supply Chain
Jon Lindekugel

Jon Lindekugel

SVP, Business Development
Julie Bushman

Julie Bushman

SVP, Business Transformation and Information Technology

3M Company Office Locations

3M Company has offices in St. Paul, Durham, Sydney, Leicester and in 148 other locations
St. Paul, US (HQ)
3 M Center

3M Company Data and Metrics

3M Company Financial Metrics

3M Company's revenue was reported to be $30.1 b in FY, 2016 which is a 1% decrease from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

30.1 b

Revenue growth (FY, 2015 - FY, 2016), %

(1%)

Gross profit (FY, 2016)

15.1 b

Gross profit margin (FY, 2016), %

50%

Net income (FY, 2016)

5.1 b

EBIT (FY, 2016)

7.2 b

Market capitalization (22-Jun-2017)

126.8 b

Closing share price (22-Jun-2017)

212.9

Cash (31-Dec-2016)

2.4 b

EV

136 b
3M Company's current market capitalization is $126.8 b.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

30.9 b31.8 b30.3 b30.1 b

Revenue growth, %

3%(5%)(1%)

Cost of goods sold

16.1 b16.4 b15.4 b15 b

Gross profit

14.8 b15.4 b14.9 b15.1 b

Gross profit Margin, %

48%48%49%50%

Operating expense total

24.2 b24.7 b23.3 b22.9 b

EBIT

6.7 b7.1 b6.9 b7.2 b

EBIT margin, %

22%22%23%24%

Interest expense

145 m142 m(149 m)(199 m)

Interest income

(41 m)(33 m)(26 m)(29 m)

Pre tax profit

6.6 b7 b6.8 b7.1 b

Income tax expense

1.8 b2 b2 b2 b

Net Income

4.7 b5 b4.8 b5.1 b
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

2.6 b1.9 b1.8 b2.4 b

Current Assets

12.7 b11.8 b11 b11.7 b

PP&E

8.7 b8.5 b8.5 b8.5 b

Goodwill

7.3 b7.1 b9.2 b9.2 b

Total Assets

33.6 b31.3 b32.7 b32.9 b

Accounts Payable

1.8 b1.8 b1.7 b1.8 b

Total Debt

6 b6.8 b10.8 b11.7 b

Current Liabilities

7.5 b6 b7.1 b6.2 b

Common Stock

9 m

Additional Paid-in Capital

4.4 b4.4 b4.8 b5.1 b

Retained Earnings

32.4 b34.3 b36.6 b37.9 b

Total Equity

17.9 b13.1 b11.7 b10.3 b

Debt to Equity Ratio

0.3 x0.5 x0.9 x1.1 x

Debt to Assets Ratio

0.2 x0.2 x0.3 x0.4 x

Financial Leverage

1.9 x2.4 x2.8 x3.2 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

4.7 b5 b4.8 b5.1 b

Accounts Receivable

(337 m)(268 m)(58 m)(313 m)

Inventories

(86 m)(113 m)3 m57 m

Accounts Payable

16 m75 m9 m148 m

Cash From Operating Activities

5.8 b6.6 b6.4 b6.7 b

Purchases of PP&E

(1.7 b)(1.5 b)(1.5 b)(1.4 b)

Cash From Investing Activities

(856 m)(596 m)(2.8 b)(1.4 b)

Short-term Borrowings

(2 m)27 m860 m(797 m)

Long-term Borrowings

(859 m)(1.6 b)(800 m)(992 m)

Dividends Paid

(1.7 b)(2.2 b)(2.6 b)(2.7 b)

Cash From Financing Activities

(5.2 b)(6.6 b)(3.6 b)(4.6 b)
Numbers are in $, USDY, 2016

EV/EBIT

18.8 x

EV/CFO

20.4 x

Revenue/Employee

334 k

Debt/Equity

1.1 x

Debt/Assets

0.4 x

Financial Leverage

3.2 x

3M Company Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Capital SafetyJune 23, 2015$2.5 b
Ivera MedicalFebruary 19, 2015
Treo SolutionsFebruary 21, 2014
CodeRyteApril 10, 2012
CeradyneJanuary 23, 2012
Hybrivet SystemsFebruary 17, 2011
AttentiAugust 31, 2010$230 m
Cogent SystemsAugust 30, 2010$943 m
PowelApril 24, 2007

3M Company Market Value History

3M Company Median Salaries

Source: 185 public H-1B filings from 3M Company

3M Company Online and Social Media Presence

3M Company Company Life and Culture

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