How much profit has 3M made this year?
3M has made 4.28 B USD this year.
3M Net Income 2024
3M Net Income
4.28 B USD
3M Dividend yield
6.53 %
Ticker
MMM
ISIN
US88579Y1010
WKN
851745
In 2024, 3M's profit amounted to 4.28 B USD, a -161.26% increase from the -7 B USD profit recorded in the previous year.
The 3M Net Income history
| YEAR | NET INCOME (undefined USD) |
|---|---|
| 2027e | 6.49 |
| 2026e | 4.43 |
| 2025e | 4.23 |
| 2024e | 4.28 |
| 2023 | -7 |
| 2022 | 5.78 |
| 2021 | 5.92 |
| 2020 | 5.45 |
| 2019 | 4.52 |
| 2018 | 5.35 |
| 2017 | 4.86 |
| 2016 | 5.05 |
| 2015 | 4.83 |
| 2014 | 4.96 |
| 2013 | 4.66 |
| 2012 | 4.44 |
| 2011 | 4.28 |
| 2010 | 4.09 |
| 2009 | 3.19 |
| 2008 | 3.46 |
| 2007 | 4.1 |
| 2006 | 3.85 |
| 2005 | 3.11 |
| 2004 | 2.84 |
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.Net Income Details
Understanding 3M's Profit Margins
The profit margins of 3M represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of 3M's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.
Year-to-Year Comparison
Evaluating 3M's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.
Impact on Investments
3M's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.
Interpreting Profit Fluctuations
When 3M’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.
Frequently Asked Questions about 3M Stock
How has the profit developed compared to last year?
The profit has increased by -161.26% compared to last year fallen
What impact do the earnings have on the shareholders?
An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.
How does 3M publish its earnings?
3M publishes its earnings in the form of quarterly or annual reports.
Which financial indicators are included in the quarterly or annual reports?
The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.
Why is it important for investors to know the earnings of 3M?
The profits of 3M are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.
How can one learn more about the earnings of 3M?
You can learn more about the earnings of 3M by reviewing the quarterly or annual reports or following the company presentations.
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.
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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.
