3M

3M

3M operates as a diversified technology company, manufacturing products, including adhesives, abrasives, laminates, passive fire protection, electronic materials, medical products, electronic circuits, and optical films. Learn more

Launch date
Employees
Market cap
AUD113.1b
Enterprise valuation
AUD118.3b (Public information from Sep 2024)
Saint Paul Minnesota (HQ), Diegem Flemish Brabant (founding location)
Corporate Venture Fund: 3M New Ventures

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues32.2b35.4b34.2b32.7b23.8b24.6b25.4b
% growth-10 %(3 %)(5 %)(27 %)3 %3 %
EBITDA6.4b7.4b1.6b(6.8b)6.6b7.0b7.4b
% EBITDA margin20 %21 %5 %(21 %)28 %29 %29 %
Profit5.4b5.9b5.8b(7.0b)3.8b4.2b4.6b
% profit margin17 %17 %17 %(21 %)16 %17 %18 %
EV / revenue3.6x3.3x2.4x2.2x3.3x3.2x3.0x
EV / EBITDA18.0x15.6x49.7x-10.4x11.9x11.2x10.5x
R&D budget1.9b2.0b1.9b1.8b---
R&D % of revenue6 %6 %5 %6 %---

Source: Dealroom estimates

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DateInvestorsAmountRound
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IPO
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Grant
Total Funding-

Recent News about 3M

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More about 3Minfo icon
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3M Company, commonly known as 3M, is a diversified technology and manufacturing conglomerate that operates in multiple sectors. With over 100,000 patents, 3M is a leader in innovation, offering a wide range of products and solutions. The company serves various clients, including businesses, healthcare providers, automotive manufacturers, and consumers.

3M operates in several markets, including abrasives, adhesives, tapes, personal protective equipment, home improvement, films, healthcare, automotive, and office and school supplies. The company's business model revolves around leveraging its extensive research and development capabilities to create innovative products that solve real-world problems.

3M makes money by selling its products directly to consumers and businesses, as well as through partnerships and collaborations. For example, during the COVID-19 pandemic, 3M partnered with MIT to develop a rapid diagnostic test for the virus. This not only helped address a critical need but also showcased 3M's ability to pivot and innovate in response to global challenges.

The company also focuses on sustainability and has been producing an annual sustainability report since 2011. This report highlights 3M's efforts to improve environmental performance and social responsibility, which are integral to its long-term strategy.

In summary, 3M is a multifaceted company that excels in innovation and problem-solving across various industries. Its diverse product portfolio and commitment to sustainability make it a key player in the global market.

Keywords: Innovation, Patents, Healthcare, Automotive, Sustainability, Adhesives, Tapes, Personal Protective Equipment, Home Improvement, Research and Development.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.
Investments analysisEdit
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