3M Company

3M Companyverified

MMM

Price:

$128.6

Market Cap:

$70.65B

3M Company operates as a diversified technology company worldwide. It operates through four segments: Safety and Industrial; Transportation and Electronics; Health Care; and Consumer. The Safety and Industrial segment offers industrial abrasives and finishing for metalworking applications; autobody repair solutions; closure systems for personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles. The Transporta...[Read more]

Industry

Conglomerates

IPO Date

1946-01-14

Stock Exchange

NYSE

Ticker

MMM

The Current Ratio as of September 2024 (TTM) for 3M Company (MMM) is 1.36

According to 3M Company’s latest financial reports and current stock price. The company's current Current Ratio is 1.36. This represents a change of 6.25% compared to the average of 1.28 of the last 4 quarters.

3M Company (MMM) Historical Current Ratio (quarterly & annually)

How has MMM Current Ratio performed in the past?

The mean historical Current Ratio of 3M Company over the last ten years is 1.67. The current 1.36 Current Ratio has changed 8.02% with respect to the historical average. Over the past ten years (40 quarters), MMM's Current Ratio was at its highest in in the June 2015 quarter at 2.64. The Current Ratio was at its lowest in in the September 2023 quarter at 1.05.

Quarterly (TTM)
Annual

Average

1.67

Median

1.78

Minimum

1.07

Maximum

1.96

3M Company (MMM) Current Ratio by Quarter and Year

Discovering the peaks and valleys of 3M Company Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 34.02%

Maximum Annual Current Ratio = 1.96

Minimum Annual Increase = -30.58%

Minimum Annual Current Ratio = 1.07

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.07-30.58%
20221.54-9.53%
20211.70-9.56%
20201.8934.02%
20191.41-25.68%
20181.891.89%
20171.86-1.50%
20161.8922.17%
20151.54-21.31%
20141.9615.50%

3M Company (MMM) Average Current Ratio

How has MMM Current Ratio performed in the past?

The current Current Ratio of 3M Company (MMM) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.44

5-year avg

1.52

10-year avg

1.67

3M Company (MMM) Current Ratio vs. Peers

How is MMM’s Current Ratio compared to its peers?

3M Company’s Current Ratio is greater than MDU Resources Group, Inc. (1.21), less than Valmont Industries, Inc. (2.53), less than Griffon Corporation (2.50), less than Compass Diversified (4.18), greater than Brookfield Business Partners L.P. (1.00), less than Matthews International Corporation (1.66), less than Veritiv Corporation (2.20), greater than Steel Partners Holdings L.P. (1.26),

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Frequently asked questions❓

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