3M Co
MMM
Company Profile
Business description
3M, a multinational conglomerate founded in 1902, sells tens of thousands of products ranging from sponges to respirators. The firm is well known for its extensive research and development capabilities, and it is a pioneer in inventing new use cases for its proprietary technologies. 3M is organized across three business segments: safety and industrial (representing around 44% of revenue), transportation and electronics (36%), and consumer (20%). The firm recently spun off its healthcare business, now known as Solventum. Nearly half of 3M’s revenue comes from outside the Americas.
Contact
3M Center
St. PaulMN55144
USAT: +1 651 733-1110
Sector
Industrials
Stock type
Sensitive
Industry
Conglomerates
Fiscal Year End
31 December 2024
Employees
85,000
3M Co News & Analysis
markets
Where does the supply chain crisis stand now?
There are signs the tide may be turning even as challenges continue in some sectors.
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Note from the editor - 1 February
Outbreak of investor complacency; China investment opportunities; TWE's sobering news; ESG stock picks; stewardship; Jack Bogle legacy; risks of a pay rise.
video
4 tech giants look cheap ahead of earnings
It's a full week of earnings, with Apple, Amazon, Facebook, and Microsoft all trading in 4-star range ahead of their reports.
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 8,427.60 | 110.90 | 1.33% |
| CAC 40 | 7,274.48 | 19.89 | -0.27% |
| DAX 40 | 19,884.75 | 85.11 | -0.43% |
| Dow JONES (US) | 42,840.26 | 498.02 | 1.18% |
| FTSE 100 | 8,084.61 | 20.71 | -0.26% |
| HKSE | 19,857.98 | 137.28 | 0.70% |
| NASDAQ | 19,572.60 | 199.83 | 1.03% |
| Nikkei 225 | 39,052.10 | 350.20 | 0.90% |
| NZX 50 Index | 12,988.03 | 83.92 | 0.65% |
| S&P 500 | 5,930.85 | 63.77 | 1.09% |
| S&P/ASX 200 | 8,176.90 | 109.90 | 1.36% |
| SSE Composite Index | 3,374.99 | 6.92 | 0.21% |