3M MMM
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
3M (MMM) Business Model and Operations Summary
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 across three business segments: safety and industrial (representing around 44% of revenue), transportation and electronics (36%), and consumer (20%). The firm recently spun off its healthcare business, now known as Solventum. Nearly half of 3M's revenue comes from outside the Americas.
Key Insights
3M (MMM) Core Market Data and Business Metrics
Latest Closing Price
$147.67Market Cap
$79.68 BillionPrice-Earnings Ratio
19.56Total Outstanding Shares
539.32 Million SharesTotal Employees
61,500Dividend
$0.73 Per Share QuarterlyIPO Date
January 14, 1946SIC Description
Surgical & Medical Instruments & ApparatusPrimary Exchange
New York Stock ExchangeHeadquarters
3m Center, St Paul, MN, 55144-1000
Historical Stock Splits
If you bought 1 share of MMM before September 30, 2003, you'd have 2.39 shares today.
| Execution Date | Split Amount |
|---|---|
| April 1, 2024 | 1196-for-1000 |
| September 30, 2003 | 2-for-1 |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Financing Activities | $1.10 Billion |
| Net Cash Flow, Continuing | $-289 Million |
| Net Cash Flow From Investing Activities | $-3.21 Billion |
| Net Cash Flow From Operating Activities | $1.82 Billion |
| Net Cash Flow From Operating Activities, Continuing | $1.82 Billion |
| Net Cash Flow | $-289 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0 |
| Selling, General, and Administrative Expenses | $4.22 Billion |
| Nonoperating Income/Loss | $-3 Million |
| Preferred Stock Dividends And Other Adjustments | $0 |
| Benefits Costs and Expenses | $19.76 Billion |
| Cost Of Revenue | $14.45 Billion |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss | $462 Million |
| Comprehensive Income/Loss | $4.65 Billion |
| Comprehensive Income/Loss Attributable To Parent | $4.64 Billion |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $14 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Fixed Assets | $7.39 Billion |
| Assets | $39.87 Billion |
| Wages | $712 Million |
| Liabilities And Equity | $39.87 Billion |
| Noncurrent Assets | $23.98 Billion |
| Accounts Payable | $2.66 Billion |
Historical Dividends
Current dividend: $0.73 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 4, 2025 | Mar 12, 2025 | Feb 14, 2025 | $0.73 | Quarterly |
| Nov 5, 2024 | Dec 12, 2024 | Nov 15, 2024 | $0.7 | Quarterly |
| Aug 16, 2024 | Sep 12, 2024 | Aug 26, 2024 | $0.7 | Quarterly |
| May 14, 2024 | Jun 12, 2024 | May 24, 2024 | $0.7 | Quarterly |
| Feb 6, 2024 | Mar 12, 2024 | Feb 16, 2024 | $1.51 | Quarterly |
| Nov 7, 2023 | Dec 12, 2023 | Nov 17, 2023 | $1.5 | Quarterly |