3M Co (XTER:MMM) 3-Year Revenue Growth Rate : 2.20% (As of Dec. 2023)

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What is 3M Co 3-Year Revenue Growth Rate?

3M Co's Revenue per Share for the three months ended in Dec. 2023 was €13.25.

During the past 12 months, 3M Co's average Revenue per Share Growth Rate was -2.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 2.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was 2.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 3.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of 3M Co was 12.90% per year. The lowest was -4.80% per year. And the median was 5.10% per year.

Competitive Comparison of 3M Co's 3-Year Revenue Growth Rate

For the Conglomerates subindustry, 3M Co's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate 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 3-Year Revenue Growth Rate Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, 3M Co's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where 3M Co's 3-Year Revenue Growth Rate falls into.

3M Co 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

3M Co (XTER:MMM) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

3M Co 3-Year Revenue Growth Rate Related Terms

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3M Co (XTER:MMM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » 3M Co (XTER:MMM) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

MMM:USA MMM:Mexico 1MMM:Italy MMMd:UK 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.