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

Neogen

ST. PAUL, Minn. , Aug. 4, 2022 /PRNewswire/ -- 3M Company (" 3M ") (NYSE: MMM) announced today the commencement of an exchange offer to effect the separation of its food safety business (the "Food Safety Business"), in furtherance of the previously announced Reverse Morris Trust transaction with Neogen Corporation ("Neogen") (NASDAQ: NEOG) through the merger of Garden SpinCo Corporation ("SpinCo"), currently a wholly-owned subsidiary of 3M formed to hold the Food Safety Business, with a subsidiary of Neogen (the "Merger").

3M Commences Split-Off Exchange Offer for Food Safety Business

ST. PAUL, Minn. , Aug. 4, 2022 /PRNewswire/ -- 3M Health Care's Medical Solutions Division has advanced the delivery of 3M™ Veraflo™ Therapy.

3M upgrades make negative pressure wound therapy with instillation easier for clinicians to initiate

The industrial giant's earnings continue to be overshadowed by litigation issues and guidance cuts.

1 Green Flag for 3M in 2022, and 1 Red Flag

Gilead Sciences

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Verizon

Verizon Communications Inc 5.9 % Notes 2014-15.2.54 Sr

I guess if you call picking the same stocks for the last two or three months as new then, yes

August 2022 Stock Considerations

Bank of Nova Scotia

Enbridge

Federal Realty Investment Trust

Altria

V.F.

The market was up 9% in July, the best month since November 2020. The rally was mostly based on the delusional belief the Fed will soon pivot. Some economist models think CPI might not peak until early next year at 10.1%. The Fed's most dovish President has said no pivot is coming anytime soon.

6 High-Yield Blue-Chips You'll Want To Own When The Market Crashes Again

Home Depot

Walgreens

Are these dow jones industrial average stocks on your August 2022 watch list?

3 Dow Jones Industrial Average Stocks For Your August 2022 Watchlist

3M revolutionizes existing bonding solutions with first-of-its-kind 3M™ On Demand Bonding System featuring 3M™ VHB™ Extrudable Tape  ST. PAUL, Minn.

3M and Nordson introduce a new automated bonding system that provides a faster, simpler, more sustainable solution for manufacturing

A small 3M subsidiary is engaged in a legal battle with military veterans that could lead to a huge liability.

This Dow Jones Stock Has a Huge Risk You Might Not Know About

I tend to love great companies with near-term problems -- and 3M definitely fits the bill. I think it will survive the headwinds.

This Is My Favorite Industrial Stock Right Now

In the near term, the company should benefit from favorable trends in certain end-markets and pricing actions. The company is spinning off its healthcare business and is taking a new approach to tackle the Combat Arms Earplug litigation.

3M: Re-Rating Likely As Litigation Uncertainty Fades And End-Markets Recover

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Essex Property Trust

Leggett & Platt

MDU Resources Group

National Retail Properties

Nu Skin Enterprises

Old Republic International

Bank OZK

South Jersey Industries

Telephone and Data Systems

T. Rowe Price Group

United Bankshares

Exxon Mobil

High Yield Dividend (HYD) Aristocrats from the S&P 1500 Composite Index have raised their annual payouts every year for at least 20 consecutive years. The 119 HYD Aristocrats screened as of July 26, 2022 represented all eleven Morningstar Sectors. Broker targeted-top-ten net-gainers ranged 15.2%-48.91% topped by VFC & TDS.

9 July Buys From 119 S&P 1500 High Yield Aristocrats

Archer-Daniels-Midland Company

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Con Ed

Emerson Electric

FirstEnergy

Intel

Johnson & Johnson

Kraft Heinz

LCNB

McDonald's

Realty Income Corp

PepsiCo

Pfizer

SPDR Portfolio S&P 500 High Dividend ETF

Target

We received $2,818.44 in June dividend income. This was a 21.79% year over year increase. Individual dividend growth stocks paid us $1,686.78. This represented 60% of the total dividend income received. ETFs and mutual funds accounted for 40% of our total dividend income for the month.

Bert's June 2022 Dividend Income Summary

3M Co (NYSE:MMM) said late yesterday it plans to spin out its approximately US$8.6 billion health-care business by the end of the year.  The healthcare spin-off would include its wound care, healthcare IT, oral care, and biopharma filtration operations.

3M hives off US$8.6bn health-care arm

3M reported Q2 2022 results that beat estimates. 3M announced the decision to proceed with the spin-off of the Health Care Business.

3M Company: Q2 2022 Results, Spin-Off And Litigation; What's Next?

Boeing

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General Electric

Lockheed Martin

Southwest Airlines

Industrial Select Sector SPDR Fund

This week could be the most active week on the market in awhile. In addition to the Federal Reserve (Fed) rate decision, most of the mega-cap stocks report earnings.

The 7 Best Industrial Stocks to Buy Now

3M Co.'s $1 billion fund to resolve earplugs lawsuits will not be enough given the vast scale of the litigation that company is facing, according to Professor Carl Tobias of the University of Richmond's School of Law.

3M's $1 billion fund for resolving veterans' earplugs litigation not enough, says law professor

Manufacturing giant 3M faces 235,000 cases from service members who claim the company's military earplugs failed to protect their hearing.

3M Commits $1 Billion For Military Members Who Claim Earplugs Were Faulty

3M's (MMM) Q2 results are hurt by foreign-currency headwinds. The company lowers its 2022 adjusted earnings guidance on the same ground.

3M's (MMM) Q2 Earnings & Revenues Beat Estimates, Decline Y/Y

With this, the manufacturing company formally enters the highly competitive healthcare industry.

Manufacturing Titan 3M Is Spinning Off Its Healthcare Business Into A Separate Company

On Tuesday 3M announced that its Aearo Technologies subsidiary and related entities have voluntarily filed for bankruptcy, a move designed to resolve litigation related to the company's Combat Arms Earplugs.

3M's attempt to resolve earplug litigation ‘woefully underfunded' says lead plaintiffs' counsel

The conglomerate is spinning off its healthcare unit as a new stand-alone company.

Why 3M Stock Popped Today

3M Company (NYSE:MMM ) Q2 2022 Earnings Conference Call July 26, 2022 9:00 AM ET Company Participants Bruce Jermeland - Senior Vice President, Investor Relations Mike Roman - Chairman & Chief Executive Officer Monish Patolawala - Chief Financial & Transformation Officer Kevin Rhodes - Executive Vice President & Chief Legal Affairs Officer Conference Call Participants Andrew Obin - Bank of America Scott Davis - Melius Research Andrew Kaplowitz - Citi Stephen Tusa - JPMorgan Securities Nigel Coe - Wolfe Research Joe Ritchie - Goldman Sachs Julian Mitchell - Barclays Josh Pokrzywinski - Morgan Stanley Deane Dray - RBC Capital Markets Nicole DeBlase - Deutsche Bank Brett Linzey - Mizuho Securities Operator Ladies and gentlemen, thank you for standing by. Welcome to the 3M Second Quarter Earnings Conference Call.

3M Company (MMM) CEO Mike Roman on Q2 2022 Results - Earnings Call Transcript

The shares of Dow member 3M Co (NYSE:MMM) are up 5.4% to trade at $141.32 -- earlier as high as $145.70 -- after news that the industrial giant will spin off its healthcare business into a new publicly traded company.

3M Stock Jumps on Healthcare Spin Off

3M said on Tuesday that it would spin off its health care business into a separate publicly traded company. 3M will retain a 19.9% stake in the new company.

News for 3M Stock (MMM)