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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Net Margin
3M Co

16.5%
Current
5%
Average
4.6%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
16.5%
=
Net Income
4.4B
/
Revenue
26.6B

Net Margin Across Competitors

Country US
Market Cap 70.4B USD
Net Margin
17%
Country US
Market Cap 182.2B USD
Net Margin
13%
Country DE
Market Cap 149.5B EUR
Net Margin
11%
Country US
Market Cap 148.5B USD
Net Margin
15%
Country JP
Market Cap 17.8T JPY
Net Margin
7%
Country ZA
Market Cap 93.3B Zac
Net Margin
5%
Country US
Market Cap 53.8B EUR
Net Margin
22%
Country CN
Market Cap 254.5B HKD
Net Margin
8%
Country IN
Market Cap 2.4T INR
Net Margin
12%
Country HK
Market Cap 155.5B HKD
Net Margin
8%
Country PH
Market Cap 1.1T PHP
Net Margin
13%
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
109.93 USD
Overvaluation 15%
Intrinsic Value
Price

See Also

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What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
16.5%
=
Net Income
4.4B
/
Revenue
26.6B
What is the Net Margin of 3M Co?

Based on 3M Co's most recent financial statements, the company has Net Margin of 16.5%.