3M Net Income from 2010 to 2024

MMM Stock  USD 127.32  0.52  0.41%   
3M Net Loss yearly trend continues to be very stable with very little volatility. Net Loss is likely to grow to about -6.6 B this year. During the period from 2010 to 2024, 3M Net Loss quarterly data regression pattern had sample variance of 17830093.8 T and median of  4,833,000,000. View All Fundamentals
 
Net Loss  
First Reported
1989-09-30
Previous Quarter
1.1 B
Current Value
1.4 B
Quarterly Volatility
845 M
 
Oil Shock
 
Dot-com Bubble
 
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 Net Income Growth Pattern

Below is the plot of the Net Income of 3M Company over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in 3M Company financial statement analysis. It represents the amount of money remaining after all of 3M Company operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is 3M's Net Loss 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.
ViewLast Reported (6.98 B)10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

3M Net Income Regression Statistics

Arithmetic Mean3,144,850,000
Geometric Mean4,546,377,198
Coefficient Of Variation134.27
Mean Deviation2,988,106,667
Median4,833,000,000
Standard Deviation4,222,569,569
Sample Variance17830093.8T
Range12.9B
R-Value(0.40)
Mean Square Error16122523.9T
R-Squared0.16
Significance0.14
Slope(378,099,107)
Total Sum of Squares249621312.7T

3M Net Income History

2024-6.6 B
2023-7 B
20225.8 B
20215.9 B
20205.4 B
20194.6 B
20185.3 B

Other Fundumenentals of 3M Company

3M Net Income component correlations

About 3M Financial Statements

3M investors utilize fundamental indicators, such as Net Income, 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
Net Loss-7 B-6.6 B
Net Income Applicable To Common Shares6.6 B4.4 B
Net Loss-7 B-6.6 B
Net Loss(12.63)(12.00)
Net Income Per E B T 0.72  0.54 

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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
9.59
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.