3M Co (FRA:MMM) Market Cap

: €48,305 Mil (As of Today)

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Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). 3M Co's share price for the quarter that ended in Dec. 2023 was €83.1341. 3M Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 553 Mil. Therefore, 3M Co's market cap for the quarter that ended in Dec. 2023 was €45,938 Mil.

3M Co's quarterly market cap declined from Jun. 2023 (€42,284 Mil) to Sep. 2023 (€40,874 Mil) but then increased from Sep. 2023 (€40,874 Mil) to Dec. 2023 (€45,938 Mil).

3M Co's annual market cap declined from Dec. 2021 (€75,412 Mil) to Dec. 2022 (€51,432 Mil) and declined from Dec. 2022 (€51,432 Mil) to Dec. 2023 (€45,938 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. 3M Co's Enterprise Value for Today is €58,507 Mil.

3M Co Market Cap Historical Data

The historical data trend for 3M Co's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

3M Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Market Cap

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76,563.45

68,605.50

75,412.06

51,431.69

45,938.32

3M Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Market Cap	Get a 7-Day Free Trial															51,431.69	44,153.34	42,284.19	40,874.50	45,938.32

Competitive Comparison

For the Conglomerates subindustry, 3M Co's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

3M Co Market Cap Distribution

For the Conglomerates industry and Industrials sector, 3M Co's Market Cap distribution charts can be found below:

* The bar in red indicates where 3M Co's Market Cap falls into.

3M Co Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

3M Co's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )	=	Share Price (A: Dec. 2023 )	*	Shares Outstanding (EOP) (A: Dec. 2023 )
	=	€83.1341	*	552.581
	=	€45,938

3M Co's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )	=	Share Price (Q: Dec. 2023 )	*	Shares Outstanding (EOP) (Q: Dec. 2023 )
	=	€83.1341	*	552.581
	=	€45,938

3M Co (FRA:MMM) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

3M Co Market Cap Related Terms

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3M Co (FRA:MMM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » 3M Co (FRA:MMM) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

MMM:USA MMM:Mexico 1MMM:Italy MMMd:UK MMM:Germany MMM:Chile MMM:Switzerland MMMC34:Brazil MMM:Austria MMM:Argentina

Address

3M Center, St. Paul, MN, USA, 55144

Website

https://www.3m.com

3M is a multinational conglomerate that has operated since 1902, when it was known as Minnesota Mining and Manufacturing. The company is well known for its research and development laboratory and it leverages its science and technology across multiple product categories. As of 2020, 3M is organized into four business segments: safety and industrial, transportation and electronics, healthcare, and consumer. Nearly 50% of the company's revenue comes from outside the Americas, with the safety and industrial segment constituting a plurality of net sales. Many of the company's 60,000-plus products touch and concern a variety of consumers and end markets.