3M Change To Netincome from 2010 to 2024

MMM Stock  USD 128.42  1.10  0.86%   
3M Change To Netincome yearly trend continues to be very stable with very little volatility. Change To Netincome is likely to grow to about -2.4 B this year. During the period from 2010 to 2024, 3M Change To Netincome quarterly data regression pattern had sample variance of 1344767.2 T and median of  52,000,000. View All Fundamentals
 
Change To Netincome  
First Reported
2000-12-31
Previous Quarter
-2.4 B
Current Value
3.3 B
Quarterly Volatility
578.6 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check 3M financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 3M's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 B, Interest Expense of 989.1 M or Total Revenue of 23.6 B, as well as many indicators such as Price To Sales Ratio of 1.62, Dividend Yield of 0.0687 or PTB Ratio of 11.06. 3M financial statements analysis is a perfect complement when working with 3M Valuation or Volatility modules.
  
Check out the analysis of 3M Correlation against competitors.

Latest 3M's Change To Netincome Growth Pattern

Below is the plot of the Change To Netincome of 3M Company over the last few years. It is 3M's Change To Netincome historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 3M's overall financial position and show how it may be relating to other accounts over time.
Change To Netincome10 Years Trend
Slightly volatile
   Change To Netincome   
       Timeline  

3M Change To Netincome Regression Statistics

Arithmetic Mean(455,067,667)
Geometric Mean307,810,073
Coefficient Of Variation(254.83)
Mean Deviation865,974,933
Median52,000,000
Standard Deviation1,159,640,992
Sample Variance1344767.2T
Range3.7B
R-Value(0.70)
Mean Square Error745443.3T
R-Squared0.49
Significance0
Slope(180,633,589)
Total Sum of Squares18826741.2T

3M Change To Netincome History

2024-2.4 B
2023-2.6 B
2022-2.9 B
2021-382 M
202097 M
2019167 M
2018245 M

About 3M Financial Statements

3M investors utilize fundamental indicators, such as Change To Netincome, to predict how 3M Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Change To Netincome-2.6 B-2.4 B

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When determining whether 3M Company is a strong investment it is important to analyze 3M's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 3M's future performance. For an informed investment choice regarding 3M Stock, refer to the following important reports:
Is Industrial Conglomerates space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 3M. If investors know 3M will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 3M listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
4.41
Earnings Share
9.61
Revenue Per Share
58.972
Quarterly Revenue Growth
0.004
The market value of 3M Company is measured differently than its book value, which is the value of 3M that is recorded on the company's balance sheet. Investors also form their own opinion of 3M's value that differs from its market value or its book value, called intrinsic value, which is 3M's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 3M's market value can be influenced by many factors that don't directly affect 3M's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 3M's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3M is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3M's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.