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3M Co (WBO:MMM) Market Cap : €67,554 Mil (As of Dec. 15, 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 €123.1. 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 €67,035 Mil.

3M Co's quarterly market cap increased from Mar. 2024 (€45,143 Mil) to Jun. 2024 (€52,463 Mil) and increased from Jun. 2024 (€52,463 Mil) to Sep. 2024 (€67,035 Mil).

3M Co's annual market cap declined from Dec. 2021 (€75,261 Mil) to Dec. 2022 (€51,791 Mil) and declined from Dec. 2022 (€51,791 Mil) to Dec. 2023 (€45,698 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 €73,766 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
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76,281.03 68,706.61 75,260.52 51,790.78 45,698.34

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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41,002.74 45,698.34 45,143.41 52,463.31 67,035.21

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 )
=€82.6998*552.581
=€45,698

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 )
=€123.1*544.559
=€67,035

* 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.


3M Co  (WBO: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 company’s 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

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