3M ROE 2024

3M ROE

-1.46

3M Dividend yield

6.56 %

Ticker

MMM

ISIN

US88579Y1010

WKN

851745

In 2024, 3M's return on equity (ROE) was -1.46, a -470.83% increase from the 0.39 ROE 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.

ROE Details

Decoding 3M's Return on Equity (ROE)

3M's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing 3M's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

3M's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in 3M’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about 3M Stock

What is the ROE (Return on Equity) of 3M this year?

The ROE of 3M this year is -1.46 undefined.

How has the Return on Equity (ROE) of 3M developed compared to the previous year?

The ROE of 3M has increased by -470.83% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of 3M?

A high ROE indicates that 3M generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of 3M?

A low ROE can indicate that 3M is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of 3M affect the company?

A change in ROE (Return on Equity) of 3M can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of 3M?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of 3M?

Some factors that can influence 3M's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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 6.56 %. 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 6.56 %.

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 7.62 %.

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.