Plunkett Research Online: 3M Company

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

3M, a multinational conglomerate founded in 1902, sells tens of thousands of products ranging from sponges to respirators. The firm is well known for its extensive research and development capabilities, and it is a pioneer in inventing new use cases for its proprietary technologies. 3M is organized .....

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 Company	24,575,000,000
2. Stryker Corporation	22,595,000,000
3. Becton Dickinson and Company	21,840,000,000
4. Boston Scientific Corporation	16,747,000,000
5. Baxter International Inc	10,636,000,000
6. DePuy Synthes Inc	10,587,500,000
7. Medtronic Vascular Inc	10,468,000,000
8. Intuitive Surgical Inc	8,352,100,000
9. Zimmer Biomet Holdings Inc	7,678,600,000
10. Ethicon Inc	6,820,000,000

Contacts

Excel
Text

Description

Bryan Hanson	CEO, Divisional/President, Divisional
William Brown	CEO/Chairman of the Board/Director
Anurag Maheshwari	CFO/Executive VP
Theresa Reinseth	Chief Accounting Officer/Controller/Senior VP
Mark Murphy	Chief Information Officer/Executive VP/Other Executive Officer
John Banovetz	Chief Technology Officer/Executive VP/Other Corporate Officer
Suzan Kereere	Director
David Bozeman	Director
Thomas Sweet	Director
David Dillon	Director
Pedro Pizarro	Director
James Fitterling	Director
Thomas Brown	Director
Eriko Sakurai	Director
Anne Chow	Director
Audrey Choi	Director
Torie Clarke	Executive VP/Other Executive Officer
Zoe Dickson	Executive VP/Other Executive Officer
Kevin Rhodes	Executive VP/Other Executive Officer/Secretary
Beatriz Karina Chavez Rodriguez	President, Divisional
Christian Goralski	President, Divisional
Wendy Bauer	President, Divisional

Auditor: PricewaterhouseCoopers LLP
Legal Advisor:

Financial Details Compare to Industry Averages Build Custom Table Compare Companies


$USD, In whole numbers, except marked * or %	2024	2023	2022	2021	2020	2019
Financials
Revenue	24,575,000,000	32,681,000,000	34,229,000,000	35,355,000,000	32,184,000,000	32,136,000,000
Cost of Revenue	14,447,000,000	18,477,000,000	19,232,000,000	18,795,000,000	16,605,000,000	17,136,000,000
Gross Margin %	-	-	-	-	-	-
R&D Expense	1,085,000,000	1,842,000,000	1,862,000,000	1,994,000,000	1,878,000,000	1,911,000,000
Operating Income	4,822,000,000	(9,164,000,000)	4,086,000,000	7,369,000,000	6,772,000,000	6,060,000,000
Operating Margin %	-	-	-	-	-	-
SGA Expense	4,221,000,000	21,526,000,000	9,049,000,000	7,197,000,000	6,929,000,000	7,029,000,000
Net Income	4,173,000,000	(6,995,000,000)	5,777,000,000	5,921,000,000	5,384,000,000	4,570,000,000
Earnings Per Share	7.58	-12.63	10.21	10.23	9.32	7.92
Dividends	3.61	6.00	5.96	5.92	5.88	5.76
Book Value Per Share	8.60	8.45	25.64	25.29	20.56	18.61
Operating Cash Flow	1,819,000,000	6,680,000,000	5,591,000,000	7,454,000,000	8,113,000,000	7,070,000,000
Capital Expenditure	1,181,000,000	1,615,000,000	1,749,000,000	1,603,000,000	1,501,000,000	1,699,000,000
Free Cash Flow	638,000,000	5,065,000,000	3,842,000,000	5,851,000,000	6,612,000,000	5,371,000,000
Profitability
EBITDA	7,373,000,000	(6,759,000,000)	8,685,000,000	9,607,000,000	9,151,000,000	7,753,000,000
Return on Assets %	-	-	-	-	-	-
Return on Equity %	-	-	-	-	-	-
Net Margin %	-	-	-	-	-	-
Assets Turnover	-	-	-	-	-	-
Financial Leverage	-	-	-	-	-	-

Brands, Divisions and Affiliates

Top Salaries

Scotch
Post-it
Nexcare
Filtrete
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Futuro
Littmann
Ace

Name	Title	Salary (US$)	Bonus (US$)
William Brown	CEO/Chairman of the Board	1,200,000	3,000,000
Anurag Maheshwari	CFO/Executive VP	350,000	3,150,000
Wendy Bauer	President, Divisional	434,215	1,200,000
Michael Roman	Former Chairman of the Board/Director	1,165,399	0
Peter Gibbons	President, Divisional	882,076	0

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.