3M Market capitalization 2024

3M Market capitalization

56.08 B USD

3M Dividend yield

5.93 %

Ticker

MMM

ISIN

US88579Y1010

WKN

851745

In 2024, 3M's market cap stood at 56.08 B USD, a 4.65% increase from the 53.59 B USD market cap in the previous year.

The 3M Market capitalization history

YEARREVENUE (undefined USD)GROSS MARGIN (%)NET INCOME (undefined USD)
2028e28.4250,335.48
2027e27.4352,155.14
2026e25.4456,244.43
2025e24.658,164.23
2024e25.7955,464.28
202332.6843,77-7
202234.2343,825.78
202135.3646,895.92
202032.1848,605.45
201932.1446,904.52
201832.7749,165.35
201731.6649,534.86
201630.1149,805.05
201530.2749,334.83
201431.8248,354.96
201330.8747,894.66
201229.947,554.44
201129.6147,004.28
201026.6648,124.09
200923.1247,633.19
200825.2747,053.46
200724.4647,944.1
200622.9248,903.85
200521.1750,833.11
200420.0150,022.84

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.

Market capitalization Details

Exploring 3M's Market Capitalization

3M's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of 3M's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

3M's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in 3M’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about 3M Stock

What is the current 3M market capitalization?

The current market capitalization of 3M is 56.08 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like 3M.

How has the market capitalization of 3M developed in recent years?

The market capitalization of 3M has increased/decreased by 4.65% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of 3M?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of 3M?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of 3M have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

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 5.93 %. 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 5.93 %.

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 6.88 %.

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.