Plunkett Research Online: 3M Company

3M COMPANY (MMM:NYS) Company Profile, Corporate Revenues, Growth, Market Size, Analysis, Business Forecasts, Market Share, Metrics, SWOT

3M is a multinational conglomerate that has operated since 1902 when it was known as Minnesota Mining and Manufacturing. The company is well-known for its research and development laboratory, and the firm leverages its science and technology across multiple product categories. As of 2020, 3M is orga.....



3M Company
Ticker: MMM
Exchange: NYS
Parent Company:
Year Established:
Employees:
Fiscal Year Ends in

Phone: 651 733-1110
Fax: 651 733-9973
Address: 3M Center
St. Paul, MN 55144 United States

Map
Types Of Business
Industry Ranks

Industry NAICS code:

Health Care Products
Specialty Materials & Textiles
Industrial Products
Safety, Security & Protection Products
Display & Graphics Products
Consumer & Office Products
Electronics & Communications Products
Fuel Cell Technology
1. 3M Company35,355,000,000
2. Becton Dickinson and Company20,248,000,000
3. EssilorLuxottica SA20,211,700,000
4. GE Healthcare18,009,000,000
5. Stryker Corporation17,108,000,000
6. Baxter International Inc12,784,000,000
7. Boston Scientific Corporation11,888,000,000
8. DePuy Synthes Inc10,587,500,000
9. Medtronic Vascular Inc10,468,000,000
10. Zimmer Biomet Holdings Inc7,836,200,000
Contacts Description
Michael RomanCEO/Chairman of the Board/Director/President
Monish PatolawalaCFO/Executive VP/Other Executive Officer
Theresa ReinsethChief Accounting Officer/Controller/Senior VP
Mark MurphyChief Information Officer/Executive VP/Other Executive Officer
Beatriz Karina Chavez RodriguezChief Strategy Officer/Senior VP
John BanovetzChief Technology Officer/Executive VP, Divisional
Thomas BrownDirector
Suzan KereereDirector
Muhtar KentDirector
Gregory PageDirector
Michael EskewDirector
David DillonDirector
Pamela CraigDirector
James FitterlingDirector
Dambisa MoyoDirector
Amy HoodDirector
Eric HammesExecutive VP/Other Executive Officer
Kevin RhodesExecutive VP/Other Executive Officer
Zoe DicksonExecutive VP/Other Executive Officer
Ashish KhandpurPresident, Divisional
Jeffrey LaversPresident, Divisional
Mojdeh PoulPresident, Divisional
Michael ValePresident, Divisional
Peter GibbonsPresident, Divisional
3M is a multinational conglomerate that has operated since 1902 when it was known as Minnesota Mining and Manufacturing. The company is well-known for its research and development laboratory, and the firm leverages its science and technology across multiple product categories. As of 2020, 3M is orga.....
See More

Auditor: PricewaterhouseCoopers LLP
Legal Advisor:
$USD, In whole numbers,
except marked * or %
202120202019201820172016
Financials
    Revenue35,355,000,00032,184,000,00032,136,000,00032,765,000,00031,657,000,00030,109,000,000
    Cost of Revenue18,795,000,00016,605,000,00017,136,000,00016,682,000,00016,001,000,00015,040,000,000
    Gross Margin %46.8448.4146.6849.0949.4650.05
    R&D Expense1,994,000,0001,878,000,0001,911,000,0001,821,000,0001,850,000,0001,735,000,000
    Operating Income7,666,000,0006,822,000,0006,128,000,0006,733,000,0007,234,000,0007,223,000,000
    Operating Margin %21.6821.2019.0720.5522.8523.99
    SGA Expense6,900,000,0006,879,000,0006,961,000,0007,529,000,0006,572,000,0006,111,000,000
    Net Income5,921,000,0005,384,000,0004,570,000,0005,349,000,0004,858,000,0005,050,000,000
    Earnings Per Share10.239.327.929.098.138.35
    Dividends5.925.885.765.444.704.44
    Book Value Per Share - - 18.6117.7720.4220.11
    Operating Cash Flow7,454,000,0008,113,000,0007,070,000,0006,439,000,0006,240,000,0006,662,000,000
    Capital Expenditure1,603,000,0001,501,000,0001,699,000,0001,577,000,0001,373,000,0001,420,000,000
    Free Cash Flow5,851,000,0006,612,000,0005,371,000,0004,862,000,0004,867,000,0005,242,000,000
Profitability
    EBITDA9,607,000,0009,151,000,0007,753,000,0008,838,000,0009,414,000,0008,726,000,000
    Return on Assets %12.5411.7011.2614.3613.7115.39
    Return on Equity %42.4246.9646.0250.0944.4445.90
    Net Margin %16.7516.7314.2216.3315.3516.77
    Assets Turnover0.750.700.790.880.890.92
    Financial Leverage3.133.684.443.733.293.20
Brands, Divisions and Affiliates Top Salaries
Scotch
Post-it
Nexcare
Filtrete
Command
Futuro
Littmann
Ace
NameTitleSalary (US$)Bonus (US$)
Michael RomanCEO/Chairman of the Board1,337,4870
Monish PatolawalaCFO/Executive VP/Other Executive Officer934,0960
Michael ValePresident, Divisional771,8400
Mojdeh PoulPresident, Divisional742,2960
Ashish KhandpurPresident, Divisional735,7830
Other Thoughts Corporate Culture

Apparent Female Officers or Directors:

3M offers its employees medical and dental insurance, tuition reimbursement, flexible spending accounts, disability coverage, a 401(k), adoption assistance and more.