3M Co logo

3M Co

$ 115.25 +1.7 (+1.5%) 10:08 PM EST
On watch
P/E:
11.35
P/B:
4.29
Market Cap:
$ 63.30B
Enterprise V:
$ 75.61B
Volume:
3.65M
Avg Vol (2M):
3.22M
Also Trade In:
Volume:
3.65M
Market Cap $:
63.30B
PE Ratio:
11.35
Avg Vol (2-Month):
3.22M
Enterprise Value $:
75.61B
PB Ratio:
4.29

Business Description

Description
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.