In terms of working capital, 3M Company maintains a healthy position.
The total current assets of the company are valued at $16379000000.
This represents a growth rate of 11.513% compared to the previous year.
Breaking down the current assets, the cash and investments are worth $5933000000, exhibiting a growth rate of 62.326% year-on-year.
The receivables, another significant portion of the current assets, are valued at $4864000000.
The year-on-year growth rate for receivables is 7.326%.
The inventory, which forms a critical part of the assets, is valued at $4822000000.
This represents a healthy year-on-year growth of -10.238%
On the liabilities side, the company's current liabilities total $15297000000.
This reflects a growth rate of 60.632% over the previous year, indicating the company's financial obligations are well under control.
2023
2022
2021
2020
2019
2018
Cash and investments
5933.00
3655.00
4564.00
4634.00
2353.00
2853.00
Receavebles
4864.00
4532.00
4660.00
4705.00
4791.00
5020.00
Inventory
4822.00
5372.00
4985.00
4239.00
4134.00
4366.00
Other
149.00
456.00
339.00
325.00
891.00
349.00
Total Current Assets
16379.00
14688.00
15403.00
14982.00
12971.00
13709.00
Acc Payable
3245.00
3183.00
2994.00
2561.00
2228.00
2266.00
Short Term Debt
3172.00
2199.00
1570.00
1062.00
3042.00
1211.00
Other Current Liab
8308.00
3603.00
3942.00
3827.00
3522.00
3150.00
Current Liabilities
15297.00
9523.00
9035.00
7948.00
9222.00
7244.00
Capital Structure
When examining the capital structure of 3M Company, it is clear that the company manages a robust portfolio.
The value of their total assets clocks in at $55243000000.
When juxtaposed with the previous year, this marks a growth rate of 17.824%, showcasing the company's ability to steadily grow its asset base.
Turning to liabilities, the company has total liabilities amounting to $50310000000.
Compared to the prior year, this reflects a growth rate of 59.537%.
The long-term debt forms a sizable part of these liabilities, coming in at $21110000000.
Over the last year, the long-term debt has grown by 63.037%.
On the asset side, the cash and equivalent reserves are worth $10911000000.
The year-on-year growth of these reserves is 185.329%.
The company's common stock, another important asset, holds a value of $9000000, growing at a rate of 0.000% from the previous year.
Finally, the company's retained earnings stand at $37472000000, marking a growth rate of -21.878% year-over-year.
These earnings represent the profits that 3M Company has chosen to reinvest in the business rather than distribute as dividends.
Total Assets
$55,243.00
Total liabilities
$50,310,000,000.00
Long term debt
$21,110.00
Cash and eqv
$10,911,000,000.00
Goodwill
$12,809.00
Retained earnings
$37,472,000,000.00
Common stock
$0.00
Enterprise Value
-$5.46
Historical dividend key summary
3M Company's dividend per share is $6.01, showing the earnings shared with shareholders per share. It has grown by -74.833% this year, suggesting that the company is generating increased income for shareholders and expecting future earnings growth.
Years
Q1
Q2
Q3
Q4
Total
2024
1.510
0.000
0.000
0.000
1.510
2023
1.500
1.500
1.500
1.500
6.000
2022
1.490
1.490
1.490
1.490
5.960
2021
1.480
1.480
1.480
1.480
5.920
2020
1.470
1.470
1.470
1.470
5.880
2019
1.440
1.440
1.440
1.440
5.760
2018
1.360
1.360
1.360
1.360
5.440
2017
1.175
1.175
1.175
1.175
4.700
2016
1.110
1.110
1.110
1.110
4.440
2015
1.025
1.025
1.025
1.025
4.100
2014
0.855
0.855
0.855
0.855
3.420
2013
0.635
0.635
0.635
0.635
2.540
2012
0.590
0.590
0.590
0.590
2.360
2011
0.550
0.550
0.550
0.550
2.200
2010
0.525
0.525
0.525
0.525
2.100
2009
0.510
0.510
0.510
0.510
2.040
2008
0.500
0.500
0.500
0.500
2.000
2007
0.480
0.480
0.480
0.480
1.920
2006
0.460
0.460
0.460
0.460
1.840
2005
0.420
0.420
0.420
0.420
1.680
2004
0.360
0.360
0.360
0.360
1.440
2003
0.330
0.330
0.330
0.330
1.320
2002
0.310
0.310
0.310
0.310
1.240
2001
0.300
0.300
0.300
0.300
1.200
2000
0.290
0.290
0.290
0.290
1.160
1999
0.280
0.280
0.280
0.280
1.120
1998
0.275
0.275
0.275
0.275
1.100
1997
0.265
0.265
0.265
0.265
1.060
1996
0.235
0.235
0.245
0.245
0.960
1995
0.235
0.235
0.235
0.235
0.940
1994
0.220
0.220
0.220
0.220
0.880
1993
0.207
0.207
0.207
0.207
0.830
1992
0.200
0.200
0.200
0.200
0.800
1991
0.195
0.195
0.195
0.195
0.780
1990
0.182
0.182
0.182
0.182
0.730
1989
0.163
0.163
0.163
0.163
0.650
1988
0.133
0.133
0.133
0.133
0.530
1987
0.116
0.116
0.116
0.116
0.465
1986
0.113
0.113
0.113
0.113
0.450
1985
0.109
0.109
0.109
0.109
0.438
1984
0.106
0.106
0.106
0.106
0.425
1983
0.103
0.103
0.103
0.103
0.413
1982
0.100
0.100
0.100
0.100
0.400
1981
0.094
0.094
0.094
0.094
0.375
1980
0.087
0.087
0.087
0.087
0.350
1979
0.075
0.075
0.075
0.075
0.300
1978
0.063
0.063
0.063
0.063
0.250
1977
0.053
0.053
0.053
0.053
0.212
1976
0.045
0.045
0.045
0.045
0.181
1975
0.042
0.042
0.042
0.042
0.169
1974
0.039
0.039
0.039
0.039
0.157
1973
0.031
0.031
0.034
0.034
0.131
1972
0.030
0.030
0.030
0.030
0.120
1971
0.029
0.029
0.029
0.029
0.116
1970
0.000
0.027
0.027
0.027
0.082
Net earnings per share (EPS)
3M Company has an EPS of $1.67, which signifies the profit allocated per share of common stock. With a growth rate of 113.233% this year, it indicates the company's increasing profitability and potential for share value growth. This trend signals robust financial performance and future potential.
Years
Q1
Q2
Q3
Q4
Total
2024
1.67
-
-
-
1.67
2023
1.77
-12.35
-3.74
1.7
-12.62
2022
2.27
0.14
6.78
0.98
10.17
2021
2.8
2.62
2.47
2.33
10.22
2020
2.24
2.24
2.45
2.4
9.33
2019
1.54
1.95
2.75
1.68
7.92
2018
1.01
3.14
2.63
2.32
9.10
2017
2.21
2.65
2.39
0.88
8.13
2016
2.1
2.13
2.2
1.92
8.35
2015
1.88
2.06
2.09
1.69
7.72
2014
1.82
1.94
2.02
1.85
7.63
2013
1.63
1.74
1.81
1.65
6.83
2012
1.61
1.68
1.68
1.43
6.40
2011
1.52
1.63
1.54
1.37
6.06
2010
1.31
1.57
1.55
1.3
5.73
2009
0.75
1.12
1.36
1.31
4.54
2008
1.4
1.35
1.42
0.77
4.94
2007
1.88
1.28
1.34
1.2
5.70
2006
1.19
1.17
1.2
1.61
5.17
2005
1.05
1.01
1.12
1.01
4.19
2004
0.92
0.99
0.99
0.93
3.83
2003
0.64
0.79
0.85
0.79
3.07
2002
0.58
0.6
0.7
0.66
2.54
2001
0.57
0.26
0.5
0.49
1.82
2000
0.61
0.59
0.63
0.41
2.24
1999
0.48
0.59
0.57
0.56
2.20
1998
0.49
0.48
0.22
0.26
1.45
1997
0.49
0.5
1.12
0.45
2.56
1996
0.43
0.45
0.48
0.46
1.82
1995
0.45
0.42
0.41
-0.12
1.16
1994
0.36
0.41
0.4
0.4
1.57
1993
0.38
0.38
0.37
0.34
1.47
1992
0.33
0.37
0.38
0.33
1.41
1991
0.35
0.34
0.34
0.3
1.33
1990
0.38
0.39
0.38
0.33
1.48
1989
0.36
0.38
0.35
0.33
1.42
1988
0.31
0.34
0.33
0
0.98
1987
0.24
0.27
0.28
0
0.79
1986
0.2
0.22
0.24
0
0.66
1985
-
-
0.19
0
0.19
Brief information
3M Company (MMM) stock split history
Understanding the historical stock splits of 3M Company (MMM) provides insights into its past financial decisions and investor sentiment. A stock split occurs when a company increases its share count by dividing its existing shares. The most recent split took place on April 01, 2024 with a ratio of 1196:1000. Throughout its history, the company has undergone 5 stock splits. Below, we delve deeper into this history, highlighting past financial strategies.
