3M EBIT 2024

3M EBIT

4.8 B USD

3M Dividend yield

6.53 %

Ticker

MMM

ISIN

US88579Y1010

WKN

851745

In 2024, 3M's EBIT was 4.8 B USD, a -16.94% increase from the 5.77 B USD EBIT recorded in the previous year.

The 3M EBIT history

YEAREBIT (undefined USD)
2027e7.44
2026e5.61
2025e5.27
2024e4.8
20235.77
20224.15
20217.49
20206.97
20196.31
20186.8
20177.2
20166.92
20157.06
20147.15
20136.69
20126.48
20116.18
20105.92
20094.91
20085.39
20075.34
20064.62
20054.85
20044.33

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.

EBIT Details

Analyzing 3M's EBIT

3M's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of 3M's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

3M's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in 3M’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about 3M Stock

How much did 3M achieve in EBIT for the current year?

In the current year, 3M has achieved an EBIT of 4.8 B USD.

What is EBIT?

EBIT stands for Earnings Before Interest and Taxes and refers to the profit before interest and taxes of a company 3M.

How has the EBIT of 3M developed in recent years?

The EBIT of 3M has increased by -16.941% decreased compared to the previous year.

What does EBIT mean for investors?

EBIT provides investors with insights into a company's profitability as it reflects the profit before interest expenses and taxes.

Why is EBIT an important indicator for investors?

Since EBIT provides a more direct insight into a company's profit than net income, it is an important indicator for investors to assess the profitability of a company.

Why do EBIT values fluctuate?

EBIT values can fluctuate as they are influenced by various factors, such as revenue, costs, and tax effects.

What role does tax burden play in EBIT?

Tax burdens have a direct impact on a company's EBIT, as they are deducted from the profit.

How is EBIT presented in the balance sheet of the company 3M?

The EBIT of 3M is listed in the income statement.

Can EBIT be used as a single indicator for evaluating a company?

EBIT is an important indicator for evaluating a company, but additional financial ratios should also be considered to get a comprehensive picture.

Why is EBIT not equal to net profit?

The net profit of a company includes taxes and interest, while EBIT represents the profit before interest and taxes.

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 6.53 %. 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 6.53 %.

When does 3M pay dividends?

3M pays a quarterly dividend. This is distributed in the months of June, September, December, March.

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 7.58 %.

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 3/12/2024 amounting to 1.51 USD, you needed to have the stock in your portfolio before the ex-date on 2/15/2024.

When did 3M pay the last dividend?

The last dividend was paid out on 3/12/2024.

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.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

The 3M stock can be added to a savings plan with the following providers: Trade Republic, Scalable Capital and Consorsbank

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.