3M (MMM) stock price, revenue, and financials

3M market cap is $90 b, and annual revenue was $32.14 b in FY 2019

$90 B

MMM Mkt cap, 29-May-2020

$8.1 B

3M Revenue Q1, 2020
3M Gross profit (Q1, 2020)4 B
3M Gross profit margin (Q1, 2020), %49.1%
3M Net income (Q1, 2020)1.3 B
3M EBIT (Q1, 2020)1.7 B
3M Cash, 31-Mar-20204.3 B
3M EV109.1 B

3M Revenue

3M revenue was $32.14 b in FY, 2019 which is a 1.9% year over year decrease from the previous period.

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3M Revenue Breakdown

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3M revenue breakdown by business segment: 20.7% from Transportation and Electronics, 25.0% from Safety and Industrial, 11.0% from Consumer, 16.0% from Health Care, 11.0% from Consumer, 16.0% from Health Care and 0.5% from Other

3M revenue breakdown by geographic segment: 9.7% from Europe, Middle East and Africa, 15.2% from Asia Pacific, 20.5% from United States, 9.7% from Europe, Middle East and Africa, 15.2% from Asia Pacific, 20.5% from United States and 9.2% from Other

3M Income Statement

Annual

USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

30.3b30.1b31.7b32.8b32.1b

Revenue growth, %

(5%)(1%)5%4%(2%)

Cost of goods sold

15.4b15.0b16.0b16.7b17.1b

Gross profit

14.9b15.1b15.7b16.1b15.0b

Gross profit Margin, %

49%50%49%49%47%

R&D expense

1.8b1.7b1.9b1.8b1.9b

General and administrative expense

6.2b6.1b6.6b7.6b7.0b

Operating expense total

7.9b7.8b7.8b8.9b8.8b

EBIT

6.9b7.2b7.8b7.2b6.2b

EBIT margin, %

23%24%25%22%19%

Interest expense

149.0m199.0m322.0m350.0m448.0m

Interest income

26.0m29.0m50.0m70.0m80.0m

Pre tax profit

6.8b7.1b7.5b7.0b5.7b

Income tax expense

2.0b2.0b2.7b1.6b1.1b

Net Income

4.8b5.1b4.9b5.4b4.6b

EPS

7.68.27.98.97.8

3M Balance Sheet

Annual

USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.8b2.4b3.1b2.9b2.4b

Accounts Receivable

4.2b4.4b4.9b5.0b4.8b

Prepaid Expenses

937.0m741.0m704.0m

Inventories

3.5b3.4b4.0b4.4b4.1b

Current Assets

11.0b11.7b14.3b13.7b13.0b

PP&E

8.5b8.5b8.9b8.7b9.3b

Goodwill

9.2b9.2b10.5b10.1b13.4b

Total Assets

32.7b32.9b38.0b36.5b44.7b

Accounts Payable

1.7b1.8b1.9b2.3b2.2b

Short-term debt

2.0b972.0m1.9b1.2b3.0b

Current Liabilities

7.1b6.2b7.7b7.2b9.2b

Long-term debt

8.8b10.7b12.1b13.4b18.1b

Total Debt

10.8b11.7b13.9b14.6b21.2b

Total Liabilities

21.0b22.6b26.4b26.7b34.5b

Common Stock

9.0m9.0m9.0m9.0m9.0m

Additional Paid-in Capital

4.8b5.1b5.4b5.6b5.9b

Retained Earnings

36.6b37.9b39.1b40.6b42.1b

Total Equity

11.7b10.3b11.6b9.8b10.1b

Debt to Equity Ratio

0.9 x1.1 x1.2 x1.5 x2.1 x

Debt to Assets Ratio

0.3 x0.4 x0.4 x0.4 x0.5 x

Financial Leverage

2.8 x3.2 x3.3 x3.7 x4.4 x

Quarterly

USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

1.3b1.7b2.3b2.2b2.7b2.8b3.5b2.8b3.2b2.9b2.8b7.7b4.3b

Accounts Receivable

4.5b4.7b4.7b4.7b4.9b5.2b5.3b5.4b5.3b5.2b5.4b5.0b4.8b

Prepaid Expenses

832.0m713.0m745.0m713.0m949.0m717.0m604.0m

Inventories

3.6b3.6b3.6b3.6b3.8b4.0b4.3b4.2b4.4b4.5b4.3b4.0b4.2b

Current Assets

10.9b11.4b12.2b11.9b12.6b13.7b14.8b13.9b14.4b14.4b14.1b18.0b15.1b

PP&E

8.6b8.6b8.7b8.6b8.6b8.7b8.9b8.6b8.6b8.8b9.0b8.9b9.2b

Goodwill

9.4b9.4b9.4b9.3b9.1b9.2b10.6b10.1b10.1b10.6b10.6b10.4b13.3b

Total Assets

33.0b33.2b34.1b33.3b34.0b35.2b38.6b36.8b37.3b39.1b39.0b42.6b46.2b

Accounts Payable

1.6b1.7b1.6b1.7b1.8b1.8b1.9b1.9b2.0b2.3b2.1b2.1b2.2b

Short-term debt

2.2b2.5b1.3b909.0m213.0m835.0m3.4b3.2b1.3b1.0b1.1b2.2b3.5b

Current Liabilities

7.2b7.3b6.4b6.0b5.7b6.6b9.0b8.9b7.3b7.1b7.3b7.8b9.1b

Long-term debt

8.9b9.3b11.1b10.8b11.1b10.8b12.2b11.3b13.5b16.1b15.5b18.1b19.9b

Total Debt

11.1b11.7b12.4b11.7b11.3b11.7b15.7b14.5b14.8b17.2b16.7b19.4b23.3b

Total Liabilities

21.2b21.3b22.0b22.3b22.3b23.0b27.5b26.4b27.0b29.4b28.8b31.8b36.0b

Common Stock

9.0m9.0m9.0m9.0m9.0m9.0m9.0m9.0m9.0m9.0m9.0m9.0m9.0m

Additional Paid-in Capital

4.9b5.0b5.0b5.2b5.2b5.3b5.5b5.6b5.6b5.8b5.8b5.9b6.0b

Retained Earnings

36.8b37.2b37.7b38.1b38.8b39.5b38.5b39.4b40.1b41.2b41.4b42.1b42.3b

Total Equity

11.8b11.9b12.0b11.0b11.6b12.2b11.0b10.4b10.3b9.8b10.1b10.8b10.2b

Debt to Equity Ratio

0.9 x1 x1 x1.1 x1 x1 x1.4 x1.4 x1.4 x1.8 x1.6 x1.8 x2.3 x

Debt to Assets Ratio

0.3 x0.4 x0.4 x0.4 x0.3 x0.3 x0.4 x0.4 x0.4 x0.4 x0.4 x0.5 x0.5 x

Financial Leverage

2.8 x2.8 x2.8 x3 x2.9 x2.9 x3.5 x3.5 x3.6 x4 x3.8 x4 x4.5 x

3M Cash Flow

Annual

USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

4.8b5.1b4.9b5.4b4.6b

Depreciation and Amortization

1.4b1.5b1.5b1.5b1.6b

Accounts Receivable

(58.0m)(313.0m)(245.0m)(305.0m)345.0m

Inventories

3.0m57.0m(387.0m)(509.0m)370.0m

Accounts Payable

9.0m148.0m24.0m408.0m(117.0m)

Cash From Operating Activities

6.4b6.7b6.2b6.4b7.1b

Purchases of PP&E

(1.5b)(1.4b)(1.4b)(1.6b)(1.7b)

Cash From Investing Activities

(2.8b)(1.4b)(3.1b)222.0m(6.4b)

Short-term Borrowings

860.0m(797.0m)578.0m(284.0m)(316.0m)

Long-term Borrowings

(800.0m)(992.0m)(962.0m)(1.0b)(2.7b)

Dividends Paid

(2.6b)(2.7b)(2.8b)(3.2b)(3.3b)

Cash From Financing Activities

(3.6b)(4.6b)(2.7b)(6.7b)(1.1b)

Net Change in Cash

(99.0m)600.0m655.0m(200.0m)(500.0m)

Interest Paid

134.0m194.0m214.0m328.0m370.0m

Income Taxes Paid

2.3b1.9b1.6b1.6b1.2b

3M Ratios

USDY, 2020

EV/EBIT

65.6 x

EV/CFO

89.9 x

Debt/Equity

2.3 x

Debt/Assets

0.5 x

Financial Leverage

4.5 x

P/E Ratio

70.5

3M Operating Metrics

FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019Apr, 2020

Manufacturing Facilities

215 203 205 182 171

Manufacturing Facilities (United States)

88 81 80 75 71

Manufacturing Facilities (Foreign)

127 122 125 107 100

Countries

38 37 38 37 36

States

29 29 29 29 29

Products

60 k

3M Sustainability Metrics

 FY, 2018

Сorporate Сontributions

$66.30 m

Water Used

45.80 k cubic meters

Waste Diverted from Landfills

312 k metric tons

Waste Disposed

43.40 k metric tons

Volunteer Hours

333 k

Total Heating Consumption

5.57 m MWh

Greenhouse Gas Emissions (Scope 3, Waste Generated in Operations)

271 k metric tons of carbon dioxide equivalent

Greenhouse Gas Emissions (Scope 3, Upstream Transportation and Distribution)

1.17 m metric tons of carbon dioxide equivalent

Greenhouse Gas Emissions (Scope 3, Purchased Goods and Services)

6.84 m metric tons of carbon dioxide equivalent

Greenhouse Gas Emissions (Scope 3, Fuel and Energy-Related Activities)

596 k metric tons of carbon dioxide equivalent

Greenhouse Gas Emissions (Scope 3, Employee Commuting)

327 k metric tons of carbon dioxide equivalent

Greenhouse Gas Emissions (Scope 3, Capital Goods)

369 k metric tons of carbon dioxide equivalent

Greenhouse Gas Emissions (Scope 3, Business Travel)

61.60 k metric tons of carbon dioxide equivalent

Greenhouse Gas Emissions (Scope 2, Market-Based)

1.48 m metric tons of carbon dioxide equivalent

Greenhouse Gas Emissions (Scope 2, Location-Based)

1.86 m metric tons of carbon dioxide equivalent

Greenhouse Gas Emissions (Scope 1)

4.79 m metric tons of carbon dioxide equivalent

Energy Used

8.75 m MWh

Electricity Used from Renewable Energy Sources, percent

26.8%

Electricity Used from Non-renewable Energy Sources, percent

73.2%

3M Human Capital

FY, 2018FY, 2017FY, 2016FY, 2015
Male (Management), percent69.7 %70.9 %72.2 %73.1 %
Female (Management), percent30.3 %29.1 %27.8 %26.9 %
FY, 2018FY, 2017FY, 2016FY, 2015
Female, percent35.4 %25.3 %34.8 %33.9 %
Male, percent64.6 %48.8 %65.2 %66.1 %

3M Employee Rating

3.92461 votes
Culture & Values
3.9
Work/Life Balance
3.8
Senior Management
3.4
Salary & Benefits
3.8
Career Opportunities
3.7
Source