3M Co
NYSE:MMM

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3M Co
NYSE:MMM
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Price: 129.28 USD 1.69% Market Closed
Market Cap: 70.4B USD
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3M Co
Short-Term Investments

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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3M Co
Short-Term Investments Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Short-Term Investments CAGR 3Y CAGR 5Y CAGR 10Y
3M Co
NYSE:MMM
Short-Term Investments
$1.2B
CAGR 3-Years
13%
CAGR 5-Years
111%
CAGR 10-Years
5%
R
Roper Technologies Inc
F:ROP
Short-Term Investments
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
General Electric Co
NYSE:GE
Short-Term Investments
$2.2B
CAGR 3-Years
-25%
CAGR 5-Years
-46%
CAGR 10-Years
N/A
Honeywell International Inc
NASDAQ:HON
Short-Term Investments
$275m
CAGR 3-Years
-36%
CAGR 5-Years
-28%
CAGR 10-Years
-19%
Icahn Enterprises LP
NASDAQ:IEP
Short-Term Investments
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
B
Brookfield Business Corp
TSX:BBUC
Short-Term Investments
$15m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

3M Co
Glance View

Market Cap
70.4B USD
Industry
Industrial Conglomerates
Economic Moat
Narrow

3M Co., originally the Minnesota Mining and Manufacturing Company, has a storied history that reflects its innovative spirit and adaptability. Founded in 1902, initially aiming to mine minerals for grinding wheels, the company pivoted after early challenges. It discovered its true potential in materials innovation rather than mining. This change in focus led to the invention of now-iconic products such as sandpaper and masking tape in the early 20th century. The company's growth surged as it diversified its product lines to encompass a wide array of industrial and consumer goods. Today, 3M stands as a multifaceted conglomerate with operations spread across the globe, dealing in sectors that include health care, consumer goods, and worker safety. The magic of 3M lies in its mastery of material science, with its revenue generation deeply rooted in its ability to leverage over 55,000 products that touch nearly every aspect of daily life and industry operations. 3M innovates by consistently investing in research and development, spending about 6% of its revenue annually to fuel progress. This dedication results in a constant flow of new offerings across diverse markets, encompassing adhesives, abrasives, and medical supplies to name a few. Additionally, 3M's business model thrives on efficiency and quality, backed by a vast portfolio of patents reinforcing its competitive edge. This enables the company to earn royalties and bolster its revenue streams while ensuring that its relevance in technological advancements stays unchallenged. In essence, the essence of 3M's operations and financial success hinges on its relentless pursuit of innovation, which keeps powering its robust pipeline of essential solutions worldwide.

MMM Intrinsic Value
110.09 USD
Overvaluation 15%
Intrinsic Value
Price

See Also

What is 3M Co's Short-Term Investments?
Short-Term Investments
1.2B USD

Based on the financial report for Sep 30, 2024, 3M Co's Short-Term Investments amounts to 1.2B USD.

What is 3M Co's Short-Term Investments growth rate?
Short-Term Investments CAGR 10Y
5%

Over the last year, the Short-Term Investments growth was 1 605%. The average annual Short-Term Investments growth rates for 3M Co have been 13% over the past three years , 111% over the past five years , and 5% over the past ten years .

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