What is the Return on Assets (ROA) of 3M this year?
The Return on Assets (ROA) of 3M is -0.14 undefined this year.
3M ROA 2024
3M ROA
-0.14
3M Dividend yield
5.7 %
Ticker
MMM
ISIN
US88579Y1010
WKN
851745
In 2024, 3M's return on assets (ROA) was -0.14, a -211.21% increase from the 0.12 ROA in the previous year.
3M Aktienanalyse
What does 3M do?
The 3M Co, also known as Minnesota Mining and Manufacturing Company, was founded in 1902 and is headquartered in Maplewood, Minnesota. The company is a multinational conglomerate with a wide range of products and divisions. 3M is recognized as an innovation leader and offers a variety of solutions in the healthcare, transportation, safety, electronics, and communications sectors. 3M Co's business model is based on research and development to create new products and technologies. They also have a strategy of collaborating with customers and partners to improve their products and services. Their focus is on developing products that enhance daily life. The various divisions of 3M Co include healthcare, electronics, safety, packaging, construction, automotive, and utilities. Each of these divisions has its own specific products and solutions. For example, the healthcare division offers innovative medical devices, surgical instruments, drug delivery systems, electronic medical record systems, and other products. The electronics division provides solutions for mobile devices, computers, and televisions, while the safety division offers protective clothing, safety signs, and surveillance software, among others. Among the numerous products manufactured by 3M Co, some of the most well-known brands include Post-it, Scotch Tape, Nexcare, and Command. Post-it is a sticky note that is globally recognized for its unique adhesion and reusability. Scotch Tape is a widely used brand of adhesive tape, while Nexcare is a brand for medical consumables. Command is a brand for fastening products such as hooks and hangers. 3M Co is also known for its groundbreaking research and development. For example, in the 1960s, the company developed the first artificial knee joint, which served as a precursor for modern artificial joints. Another groundbreaking invention by 3M is the invention of the Post-it sticky note pad, which later became one of the most popular office products worldwide. Overall, 3M Co is a leading innovator in the manufacturing of products and solutions across a variety of sectors and is a key player in the economy. 3M ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding 3M's Return on Assets (ROA)
3M's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing 3M's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider 3M's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in 3M’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about 3M Stock
What was the ROA of 3M compared to the previous year?
The ROA of 3M has increased by -211.21% compared to the previous year.
What consequences do high ROA have for investors of 3M?
A high ROA is advantageous for investors of 3M, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in 3M?
A low ROA can be unfavorable for investors of 3M as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of 3M affect the company?
An increase in ROA of 3M can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of 3M impact the company?
A reduction in the ROA of 3M can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of 3M?
Some factors that can influence the ROA of 3M include revenue, operating costs, asset structure, and industry average.
Why is the ROA of 3M important for investors?
The ROA of 3M is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can 3M take to improve ROA?
To improve ROA, 3M can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does 3M pay?
Over the past 12 months, 3M paid a dividend of 6 USD . This corresponds to a dividend yield of about 5.7 %. For the coming 12 months, 3M is expected to pay a dividend of 6.96 USD.
What is the dividend yield of 3M?
The current dividend yield of 3M is 5.7 %.
When does 3M pay dividends?
3M pays a quarterly dividend. This is distributed in the months of September, December, March, June.
How secure is the dividend of 3M?
3M paid dividends every year for the past 109 years.
What is the dividend of 3M?
For the upcoming 12 months, dividends amounting to 6.96 USD are expected. This corresponds to a dividend yield of 6.61 %.
In which sector is 3M located?
3M is assigned to the 'Industry' sector.
Wann musste ich die Aktien von 3M kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of 3M from 6/12/2024 amounting to 0.7 USD, you needed to have the stock in your portfolio before the ex-date on 5/23/2024.
When did 3M pay the last dividend?
The last dividend was paid out on 6/12/2024.
What was the dividend of 3M in the year 2023?
In the year 2023, 3M distributed 5.96 USD as dividends.
In which currency does 3M pay out the dividend?
The dividends of 3M are distributed in USD.
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Andere Kennzahlen von 3M
Our stock analysis for 3M Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of 3M Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
