3M (MMM)
3M Statistics
Share Statistics
3M has 539.32M shares outstanding. The number of shares has increased by -2.54% in one year.
| Shares Outstanding | 539.32M |
| Shares Change (YoY) | -2.54% |
| Shares Change (QoQ) | -0.96% |
| Owned by Institutions (%) | 67.53% |
| Shares Floating | 538.78M |
| Failed to Deliver (FTD) Shares | 2.76K |
| FTD / Avg. Volume | 0.06% |
Short Selling Information
The latest short interest is 8.54M, so 1.57% of the outstanding shares have been sold short.
| Short Interest | 8.54M |
| Short % of Shares Out | 1.57% |
| Short % of Float | 1.57% |
| Short Ratio (days to cover) | 1.88 |
Valuation Ratios
The PE ratio is 17.04 and the forward PE ratio is 15.9. 3M's PEG ratio is -0.11.
| PE Ratio | 17.04 |
| Forward PE | 15.9 |
| PS Ratio | 2.89 |
| Forward PS | 2.7 |
| PB Ratio | 18.51 |
| P/FCF Ratio | 111.45 |
| PEG Ratio | -0.11 |
Enterprise Valuation
3M has an Enterprise Value (EV) of 79.16B.
| EV / Sales | 3.22 |
| EV / EBITDA | 16.42 |
| EV / EBIT | 43.52 |
| EV / FCF | 124.08 |
Financial Position
The company has a current ratio of 1.41, with a Debt / Equity ratio of 3.56.
| Current Ratio | 1.41 |
| Quick Ratio | 1.08 |
| Debt / Equity | 3.56 |
| Debt / EBITDA | 2.83 |
| Debt / FCF | 21.41 |
| Interest Coverage | 0 |
Financial Efficiency
Return on Equity is 108.62% and Return on Invested Capital is 13.09%.
| Return on Equity | 108.62% |
| Return on Assets | 10.47% |
| Return on Invested Capital | 13.09% |
| Revenue Per Employee | $399.59K |
| Profits Per Employee | $67.85K |
| Employee Count | 61,500 |
| Asset Turnover | 0.62 |
| Inventory Turnover | 3.91 |
Taxes
| Income Tax | 804M |
| Effective Tax Rate | 16.68% |
Stock Price Statistics
The stock price has increased by 48.61% in the last 52 weeks. The beta is 1.06, so 3M's price volatility has been higher than the market average.
| Beta | 1.06 |
| 52-Week Price Change | 48.61% |
| 50-Day Moving Average | 146.55 |
| 200-Day Moving Average | 133.21 |
| Relative Strength Index (RSI) | 42.27 |
| Average Volume (20 Days) | 4.45M |
Income Statement
In the last 12 months, 3M had revenue of 24.57B and earned 4.17B in profits. Earnings per share was 7.58.
| Revenue | 24.57B |
| Gross Profit | 10.13B |
| Operating Income | 4.82B |
| Net Income | 4.17B |
| EBITDA | 4.82B |
| EBIT | 4.82B |
| Earnings Per Share (EPS) | 7.58 |
Balance Sheet
The company has 5.6B in cash and 13.66B in debt, giving a net cash position of -8.06B.
| Cash & Cash Equivalents | 5.6B |
| Total Debt | 13.66B |
| Net Cash | -8.06B |
| Retained Earnings | 36.8B |
| Total Assets | 39.87B |
| Working Capital | 4.63B |
Cash Flow
In the last 12 months, operating cash flow was 1.82B and capital expenditures -1.18B, giving a free cash flow of 638M.
| Operating Cash Flow | 1.82B |
| Capital Expenditures | -1.18B |
| Free Cash Flow | 638M |
| FCF Per Share | 1.16 |
Margins
Gross margin is 41.21%, with operating and profit margins of 19.62% and 16.98%.
| Gross Margin | 41.21% |
| Operating Margin | 19.62% |
| Pretax Margin | 19.61% |
| Profit Margin | 16.98% |
| EBITDA Margin | 19.62% |
| EBIT Margin | 19.62% |
| FCF Margin | 2.6% |
Dividends & Yields
MMM pays an annual dividend of $4.09, which amounts to a dividend yield of 1.9%.
| Dividend Per Share | $4.09 |
| Dividend Yield | 1.9% |
| Dividend Growth (YoY) | -42.18% |
| Payout Ratio | 56.37% |
| Earnings Yield | 5.87% |
| FCF Yield | 0.9% |
Analyst Forecast
The average price target for MMM is $145, which is 7.2% higher than the current price. The consensus rating is "Buy".
| Price Target | $145 |
| Price Target Difference | 7.2% |
| Analyst Consensus | Buy |
| Analyst Count | 15 |
Stock Splits
The last stock split was on Sep 30, 2003. It was a forward split with a ratio of 2:1.
| Last Split Date | Sep 30, 2003 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 2.5 |
| Piotroski F-Score | 6 |