As of today (2024-04-19), 3M Co's share price is $92.27.
3M Co's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $9.14. Hence, 3M Co's Price-to-Free-Cash-Flow Ratio for today is 10.09.
The historical rank and industry rank for 3M Co's Price-to-Free-Cash-Flow or its related term are showing as below:
MMM'
s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 8.25 Med: 16.45 Max: 27.86
Current: 10.11
During the past 13 years, 3M Co's highest Price-to-Free-Cash-Flow Ratio was 27.86. The lowest was 8.25. And the median was 16.45.
MMM's Price-to-Free-Cash-Flow is ranked better than 54.23% of 319
companies
in the Conglomerates industry
Industry Median: 12.43
vs MMM: 10.11
During the past 12 months, the average Free Cash Flow per Share Growth Rate of 3M Co was 35.10% per year.
During the past 3 years, the average Free Cash Flow per Share Growth Rate was -7.00% per year.
During the past 5 years, the average Free Cash Flow per Share Growth Rate was -1.20% per year.
During the past 10 years, the average Free Cash Flow per Share Growth Rate was 2.80% per year.
During the past 13 years, 3M Co's highest 3-Year average Free Cash Flow per Share Growth Rate was 61.70% per year. The lowest was -31.60% per year. And the median was 7.95% per year.
3M Co Price-to-Free-Cash-Flow Historical Data
The historical data trend for 3M Co's Price-to-Free-Cash-Flow 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.
For the Conglomerates subindustry, 3M Co's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution
For the Conglomerates industry and Industrials sector, 3M Co's Price-to-Free-Cash-Flow distribution charts can be found below:
* The bar in red indicates where 3M Co's Price-to-Free-Cash-Flow falls into.
3M Co Price-to-Free-Cash-Flow Calculation
3M Co's Price-to-Free-Cash-Flow ratio for today is calculated as
3M Co's Share Price of today is $92.27.
3M Co's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.14.
* 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.
It can also be calculated from the numbers for the whole company:
3M Co (NYSE:MMM) Price-to-Free-Cash-Flow Explanation
Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.
In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.
Be Aware
In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.
3M Co Price-to-Free-Cash-Flow Related Terms
Thank you for viewing the detailed overview of 3M Co's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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