Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative

Research and development

Gain on sale of businesses

Goodwill impairment expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

From sponges to dishwands and scour pads, ocelo products add a sparkle to kitchens through new and seasonal designs. In bringing style to unexpected parts of the kitchen, we like to believe we're spreading inspiration for all things everyday. No object or space is too small for consideration. So c'mon… give it a sparkle.

ocelo

Scotch Tape is a brand name used for pressure-sensitive tapes manufactured by 3M as part of the company's Scotch brand. Their magnetic recording tape products were also sold under the Scotch brand.

Scotch Tape

Command(TM) Clear Hooks are fast and easy to hang! Uses revolutionary Command(TM) Clear Adhesive Strip to hold strongly on a variety of surfaces, including paint, wood, tile and more. Removes cleanly - no holes or sticky residue. Rehanging them is as easy as applying a Command(TM) Clear Refill Strip, so you can take down, move and reuse them again and again! Contains 2 medium hooks and 3 medium clear strips. Holds up to 2 pounds.

Command

3M Co. is a technology company, which manufactures industrial, safety, and consumer products. It operates through the following segments: Safety and Industrial, Transportation and Electronics, Health Care, Consumer, and Corporate and Unallocated. The Safety and Industrial segment consists of personal safety, industrial adhesives and tapes, abrasives, closure and masking systems, electrical markets, automotive aftermarket, and roofing granules. The Transportation and Electronics segment includes electronics, automotive and aerospace, commercial solutions, advanced materials, and transportation safety. The Health Care segment offers medical and surgical supplies, skin health and infection prevention products, oral care solutions, separation and purification sciences, health information systems, inhalation and transdermal drug delivery systems, and food safety products. The Consumer segment covers consumer healthcare, home care, home improvement, and stationery and office products, such as consumer bandages, braces, supports, respirators, cleaning products, retail abrasives, picture hanging, and consumer air quality solutions. The Corporate and Unallocated segment refers to special items and other corporate expense-net. The company was founded by Henry S. Bryan, Hermon W. Cable, John Dwan, William A. McGonagle, and J. Danley Budd in 1902 and is headquartered in St. Paul, MN.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

3M reports Q4 decline, focuses on innovation and cost efficiencies

3M's Q4 2022 performance saw declines in total sales but strong cost controls and inventory improvements, positioning the company for a focused 2023 outlook.
Despite challenges from inflation and market headwinds, 3M remains resilient through innovation, pricing actions, and strategic restructuring efforts.
Opportunities lie in consumer business improvements, market monitoring for pricing adjustments, and leveraging innovation to navigate industry shifts and drive growth.

3M plans workforce reduction and restructuring to drive growth

3M is taking strategic actions to improve performance through cost reduction and restructuring efforts. Despite challenges in certain markets, the company remains focused on high-growth opportunities and margin expansion post-restructuring. Leadership changes and a healthcare spin-off are part of 3M's growth strategies moving forward.

3M reports Q2 earnings in line with guidance, focuses on strategic priorities

3M navigated challenges with mixed performance but focused on strategic priorities. Confidence in pricing strategy and progress in restructuring and supply chain. Expectations for improvements in inflationary headwinds and Health Care business outlook.

3M reports solid Q3 earnings, eyes electronics market stabilization

3M delivered a solid performance in Q3, navigating challenges in consumer and electronics markets while capitalizing on strengths in automotive OEM business and Health Care segment progress. The company remains focused on proactive cost control, margin improvement, and cash conversion, with a positive outlook on the electronics market stabilization and potential growth in 2024.

3M reports robust Q4 performance and outlines strategic 2024 outlook

3M's Q4 2023 performance was strong, exceeding expectations despite challenges in organic sales and legal matters. The company's strategic focus on restructuring, margin expansion, and portfolio optimization positions it well for 2024. Opportunities for growth and efficiency through digital investments and supply chain optimization are key focus areas.

3M reports strong Q1 earnings, eyes growth in electronics market

3M's Q1 2024 performance reflects financial stability, growth post spin-off, and strategic focus on key markets and operational improvements.
While facing challenges in consumer sales and mixed industrial market outlook, the company is leveraging opportunities in electronics growth and market expansion.
With a strong capital allocation strategy, progress on PFAS transition, and focus on shareholder returns, 3M aims for sustainable growth and profitability.

3M excels in Q2 with 40% EPS growth and strategic focus on innovation and operational efficiency

3M's Q2 performance reflects strong financials and operational efficiency. The company's strategic focus on innovation, pricing, and portfolio optimization positions it for long-term growth. Challenges in consumer spending and operational factors require attention, while opportunities in lean practices, market expansion, and innovation are key for future success.

3M (MMM) reports strong Q3 earnings, focuses on growth strategies

3M's Q3 performance reflects growth in EPS, revenue, and operational margins, with raised full-year guidance.
Efforts to enhance operational efficiency, customer service, and shareholder value are key strengths.
Challenges in supply chain management and forecast accuracy require analytical tools and strategic portfolio adjustments.
Opportunities lie in consistent growth, R&D advancements, and leveraging technology for market differentiation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

3M stock has plummeted, down 55% from its 2021 high, primarily due to lawsuits, an economic downturn, and negative sentiment. Despite the challenges, 3M's earnings have remained strong, beating estimates and illustrating a solid operating position. 3M is dirt cheap - trading at a P/E around 8, paying out a hefty 7% dividend. Don't worry, your dividend should be safe with 3M.

3M: Time To Buy - 7% Dividend, 8 P/E

Despite outperforming earnings and revenue estimates, 3M's (MMM) Q3 results are hurt by lower organic revenues. However, the company improves its 2023 earnings guidance.

3M (MMM) Beats on Q3 Earnings & Revenues, Revises '23 View

Dow Inc

Coca-Cola

Verizon

The shares of the four Dow Jones Industrial Average components that reported results were all rallying Tuesday, and accounted for a little more than half of the Dow's point gain. Verizon Communications Inc.'s stock VZ, +8.68% jumped 8.7% toward their best day in 15 years, 3M Co. shares MMM, +4.82% shot up 4.9% to bounce off an 11-year low and Coca-Cola Co.'s stock KO, +2.60% gained 2.5% toward their best gain in 11 months.

The Dow's 4 earnings reporters' stocks are adding about 60 points to the Dow's price

3M Company (NYSE:MMM ) Q3 2023 Earnings Conference Call October 24, 2023 9:00 AM ET Company Participants Bruce Jermeland - Senior Vice President of Investor Relations Michael Roman - Chairman & Chief Executive Officer Monish Patolawala - President and Chief Financial Officer Conference Call Participants Scott Davis - Melius Research Andrew Obin - Bank of America Joe Ritchie - Goldman Sachs Christopher Snyder - UBS Andrew Kaplowitz - Citigroup Deane Dray - RBC Capital Markets Stephen Tusa - JPMorgan Securities Nigel Coe - Wolfe Research, LLC Julian Mitchell - Barclays Operator Ladies and gentlemen, thank you for standing by. Welcome to the 3M Third Quarter Earnings Conference Call.

3M Company (MMM) Q3 2023 Earnings Call Transcript

3M (MMM) posted better-than-expected results and boosted its guidance as the diversified manufacturing giant benefited from higher prices and cost savings.

3M Beats Estimates and Raises Its Outlook on Higher Prices and Cost-Cutting Measures

3M beat expectations on the top and bottom lines, and raised its guidance. Sales are still falling, and investors fear a dividend cut is coming as the conglomerate must pay billions of dollars in lawsuit settlements.

Why 3M Stock Was Climbing Today

Archer-Daniels-Midland Company

General Motors

GM, 3M, ADM and Coke all outperformed expectations on their bottom lines in Q3 this morning.

Solid Q3 Earnings Assisting Dow Up Triple Digits Early

3M and Coca-Cola both reported better-than-expected Q3 earnings and raised their full-year outlooks Tuesday.

Dow Jones Giants 3M And Coca-Cola Poised To Rebound On Earnings Surprises

Verizon is seeing subscriber counts grow. 3M boosted its guidance for the rest of 2023.

3 Dow Jones Stocks Are Celebrating Tuesday Morning

3M (MMM) came out with quarterly earnings of $2.68 per share, beating the Zacks Consensus Estimate of $2.34 per share. This compares to earnings of $2.69 per share a year ago.

3M (MMM) Tops Q3 Earnings and Revenue Estimates

Shares of 3M Co (NYSE:MMM) surged by 3.5% in premarket trading after the company updated its annual adjusted profit projections and posted quarterly earnings that surpassed expectations. Despite facing a dip in demand, the Post-It Notes and Scotch Tape maker was successful in maintaining its financial position through strategic price increases and cost management initiatives, including workforce reductions.

3M shares off to a positive start after Q3 earnings beat

The conglomerate said efforts to improve performance and control costs are bearing fruit.

3M Boosts Year-End Earnings Guidance

Shares of 3M Co. MMM, -1.10% bounced 4.6% off an 11-year low in premarket trading Tuesday, after the consumer, industrial and health care-products company swung to a third-quarter loss due to $4.2 billion settlement of Combat Arms earplugs litigation, but reported adjusted profit that was well above expectations and raised its full-year outlook. The maker of Scotch tape, Post-it Notes, Command strips and N95 face masks said the net loss for the quarter was $3.74 a share, after net income of $6.77 a year ago.

3M bounces sharply off an 11-year low after big adjusted profit beat and raised outlook

Q3 results reflect strong operational execution, restructuring actions, and proactive spending discipline Progressing Health Care spin with leadership appointments; expect to complete spin during first half of 2024 Addressing legal matters with announced Combat Arms settlement; received preliminary court approval for PFAS Public Water Systems agreement ST. PAUL, Minn.

3M Reports Third Quarter 2023 Results; Company Increases Full Year Adjusted Earnings and Cash Flow Expectations

Investors have reacted to 3M's flurry of announcements by essentially avoiding the stock.

3M Earnings Are Coming. There Is A Lot To Discuss.

Expectations for profit, sales and free cash flow have declined in recent months, as the consumer, industrial and health care-products company MMM, -0.67% warned last month that its electronics and consumer business segments, and China, remain weak.

3M earnings: What to expect

3M (MMM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why 3M (MMM) Could Beat Earnings Estimates Again

3M Company is one of the largest manufacturing companies in the world, headquartered in St. Paul. On October 24, 3M will publish its financial report for the third quarter of 2023. Simultaneously, 2023 is a transition year when the company's management had to use maximum efforts to reach agreements to resolve ongoing litigation that has been going on for many years.

Is 3M Company Stock A Buy Amid Legal Headaches

Disney

Enphase Energy

In the ever-shifting Standards and Practices (S&P) 500 Index, where giants often dominate the spotlight, it's easy to overlook the hidden gems that quietly craft their path to greatness. The article lists three overlooked S&P 500 stocks that are worthy of your attention.

3 Overlooked S&P 500 Stocks With Massive Upside Potential

Biogen

Snap

Biogen, Snap, and 3M are three businesses facing some concerning headwinds. All these companies have been struggling to grow their top lines this year.

3 Struggling Stocks Investors Shouldn't Buy on the Dip

Aflac

Allegion

Amgen

Broadcom

Becton, Dickinson and Co.

Dover

Con Ed

Embecta Corp

Emerson Electric

Gilead Sciences

W.W. Grainger

Johnson & Johnson

Kraft Heinz

Kontoor Brands Inc

LyondellBasell Industries

McDonald's

Microsoft

PepsiCo

Pfizer

Southern Company

T. Rowe Price Group

Trane Technologies plc

With the start of the final quarter of 2023, it's time to take a look back at my previous month of dividend income. Getting close to that $2,000 milestone in a month sure looks amazing. I know, those end of quarter months are always the big payers but it's still nice to see.

Dividend Income Update September 2023

Arbor Realty Trust

Ares Commercial Real Estate

Apollo Commercial Real Estate Finance

Black Hills

BrightSpire Capital

Citigroup

Federal Realty Investment Trust

FS KKR Capital Corp

Realty Income Corp

OFS Capital

Oxford Lane Capital

Oxford Square Capital

PennantPark Floating Rate Capital

AT&T

Prior to September 30, 2023, my Readers mentioned 35 equities in their comments on my articles. Some bad news investments (Rogues) mixed with (mostly) Favorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: C, ABR, BKH, FRT, MMM, O, T, PFE, PBR.A, and BRSP, averaged 36.1% net gains from reader data collected 10/13/23.

35 September Readers-Noted, And 27 Ideal-To-Buy, Dividend Dogs

KeyCorp

Leggett & Platt

Geopolitical turmoil in Ukraine and Israel. J.P. Morgan CEO Jamie Dimon's stark warning about not only military conflict but also the burgeoning national debt.

3 Dividend Growth Stocks With 6% to 8% Yields

3M Co shares have experienced a 40% pullback, trading near 52-week lows at a 10.0x forward P/E. The company reported weak quarterly results, with a decrease in sales and a negative impact on earnings due to a proposed settlement regarding water contamination. Despite slow growth, 3M's strong business portfolio and efficient operations have allowed for high profitability and growth in book value.

3M At 5-Year Lows Due To Pullback From Lawsuits

3M's (MMM) Q3 results are expected to be hurt by lower disposable respirator demand, reduced consumer electronics demand and cost inflation.

News for 3M Stock (MMM)