How much revenue did 3M generate this year?
3M has achieved a revenue of 23.94 B USD this year.
3M Revenue 2024
3M Revenue
23.94 B USD
3M Dividend yield
5.95 %
Ticker
MMM
ISIN
US88579Y1010
WKN
851745
In 2024, 3M's sales reached 23.94 B USD, a -26.75% difference from the 32.68 B USD sales recorded in the previous year.
The 3M Revenue history
| YEAR | REVENUE (undefined USD) | GROSS MARGIN (%) |
|---|---|---|
| 2028e | 28.42 | 50,33 |
| 2027e | 27.43 | 52,15 |
| 2026e | 25.14 | 56,90 |
| 2025e | 24.61 | 58,14 |
| 2024e | 23.94 | 59,75 |
| 2023 | 32.68 | 43,77 |
| 2022 | 34.23 | 43,82 |
| 2021 | 35.36 | 46,89 |
| 2020 | 32.18 | 48,60 |
| 2019 | 32.14 | 46,90 |
| 2018 | 32.77 | 49,16 |
| 2017 | 31.66 | 49,53 |
| 2016 | 30.11 | 49,80 |
| 2015 | 30.27 | 49,33 |
| 2014 | 31.82 | 48,35 |
| 2013 | 30.87 | 47,89 |
| 2012 | 29.9 | 47,55 |
| 2011 | 29.61 | 47,00 |
| 2010 | 26.66 | 48,12 |
| 2009 | 23.12 | 47,63 |
| 2008 | 25.27 | 47,05 |
| 2007 | 24.46 | 47,94 |
| 2006 | 22.92 | 48,90 |
| 2005 | 21.17 | 50,83 |
| 2004 | 20.01 | 50,02 |
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.Revenue Details
Understanding 3M's Sales Figures
The sales figures of 3M originate from the total revenue accrued from goods sold or services provided during a specific time period. These numbers are a direct reflection of the company’s ability to translate its products or services into revenue, indicating the demand and market presence.
Year-to-Year Comparison
Analyzing 3M’s yearly sales data offers insights into the company’s growth and stability. An increase in sales suggests a growing demand for its offerings, efficient marketing, or expansion into new markets. Conversely, a decline might indicate market saturation, increased competition, or less effective strategies.
Impact on Investments
Investors often scrutinize 3M's sales data to evaluate its financial health and growth prospects. Consistent sales growth can be a promising indicator of the company’s profitability and potential return on investment, influencing stock prices and investor confidence.
Interpreting Sales Fluctuations
Increases in 3M’s sales indicate market growth, innovation, or effective marketing, often leading to a surge in stock prices. A decline, however, can signal challenges requiring strategic adjustments to enhance market share and profitability.
Frequently Asked Questions about 3M Stock
How much was the turnover of the company 3M compared to the previous year?
The revenue of 3M has increased by -26.75% decreased compared to the previous year.
What does revenue mean for investors?
The revenue of a company is an important indicator of its financial performance and attractiveness for investors.
Which factors influence the revenue of 3M?
The revenue of 3M is influenced by various factors, including the demand for its products and services, market conditions, and prices.
How is the revenue of 3M measured?
Revenue is typically measured in units referring to the sale of goods and services provided by the company.
How does an increase in sales affect investments?
An increase in revenue can prompt investors to invest more money in the company as it serves as a positive signal for its financial performance and growth prospects.
What are the possible risks associated with a declining revenue?
A decline in revenue can prompt investors to invest less money in the company, as it is a negative signal for its financial performance and growth prospects.
Why is the sales revenue of 3M so important for investors?
The revenue of 3M is an important indicator of financial performance and attractiveness for investors.
What strategic measures can a company take to increase revenue?
A company can take various strategic measures to increase revenue, including developing new products and services, introducing new pricing models, and expanding into new markets.
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 5.95 %. 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 5.95 %.
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 6.9 %.
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.
