3M Co (MEX:MMM) Market Cap : MXN1,430,624 Mil (As of Dec. 14, 2024)

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What is 3M Co Market Cap?

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 Sep. 2024 was MXN2724. 3M Co's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 545 Mil. Therefore, 3M Co's market cap for the quarter that ended in Sep. 2024 was MXN1,483,379 Mil.

3M Co's quarterly market cap increased from Mar. 2024 (MXN814,680 Mil) to Jun. 2024 (MXN1,025,435 Mil) and increased from Jun. 2024 (MXN1,025,435 Mil) to Sep. 2024 (MXN1,483,379 Mil).

3M Co's annual market cap declined from Dec. 2021 (MXN1,744,859 Mil) to Dec. 2022 (MXN1,072,791 Mil) and declined from Dec. 2022 (MXN1,072,791 Mil) to Dec. 2023 (MXN853,279 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 MXN1,562,162 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 Market Cap Chart

3M Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Market Cap

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1,594,970.75

1,675,064.80

1,744,859.21

1,072,790.83

853,279.00

3M Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Market Cap	Get a 7-Day Free Trial															753,073.18	853,279.00	814,680.20	1,025,435.16	1,483,378.72

Competitive Comparison of 3M Co's Market Cap

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's Market Cap Distribution in the Conglomerates Industry

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 )
	=	MXN1544.17	*	552.581
	=	MXN853,279

3M Co's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )	=	Share Price (Q: Sep. 2024 )	*	Shares Outstanding (EOP) (Q: Sep. 2024 )
	=	MXN2724	*	544.559
	=	MXN1,483,379

3M Co (MEX: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 Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

MMM:USA 1MMM:Italy MMMd:UK MMM:Germany MMM:Germany MMM:Germany MMM:Germany MMM:Switzerland MMMM:Canada MMMC34:Brazil MMM:Austria MMM:Argentina

Address

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

Website

https://www.3m.com

3M, a multinational conglomerate founded in 1902, sells tens of thousands of products ranging from sponges to respirators. The firm is well known for its extensive research and development capabilities, and it is a pioneer in inventing new use cases for its proprietary technologies. 3M is organized across three business segments: safety and industrial (representing around 44% of revenue), transportation and electronics (36%), and consumer (20%). The firm recently spun off its healthcare business, now known as Solventum. Nearly half of 3M's revenue comes from outside the Americas.