3M Co - Company Profile
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3M Co (3M) is a manufacturer and distributor of industrial products and solutions. The company’s portfolio of products includes advanced materials, display materials and systems, home care, home improvement, stationery and office, personal safety, roofing granules, closure and masking systems and others. 3M also offers various solutions such as medical, oral care, consumer health care, food safety and health information systems. It serves customers in various industries such as automotive, electronics, health care, safety, energy and consumer. The company has converting and manufacturing facilities in the Americas, Asia Pacific, Europe, the Middle East and Africa. 3M is headquartered in St. Paul, Minnesota, the US.
Headquarters
United States of America
Address
220-11W-02, 3m Center, Bldg., Saint Paul, Minnesota, 55144-1000
Website
www.3m.com
Telephone
1 651 7331110
No of Employees
85,000
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
MMM (NYSE)
Revenue (2022)
$32.7B
-4.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-221.1%
(2022 vs 2021)
Market Cap*
$50.5B
Net Profit Margin (2022)
XYZ
-226.8%
(2022 vs 2021)
* As of and is in US$
3M Co premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Displays and Graphics: | 3M |
| Computer Privacy Filters | Scotch |
| Display Enhancement Solutions | ACE |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In March, the company launched 3M Padded Automatable Curbside Recyclable Mailer material. |
| 2024 | Financing Agreements | In March, the company invested in EVOLOH. |
| 2024 | Spin-off | In March, the company spun off its healthcare business, Solventum Corporation. |
Competitor Comparison
| Key Parameters | 3M Co | General Electric Co | Caterpillar Inc | Honeywell International Inc | Danaher Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Saint Paul | Boston | Irving | Charlotte | Washington |
| State/Province | Minnesota | Massachusetts | Texas | North Carolina | WashingtonD.C. |
| No. of Employees | 85,000 | 125,000 | 113,200 | 95,000 | 61,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Michael F. Roman | Chief Executive Officer; Chairman | Executive Board | 2019 | 63 |
| Monish Patolawala | Chief Financial Officer; President | Senior Management | 2023 | - |
| Karina Chavez | Senior Vice President; Chief Strategy Officer | Senior Management | 2021 | 49 |
| Kevin H. Rhodes | Chief Legal Officer; Executive Vice President | Senior Management | 2022 | 60 |
| John P. Banovetz | Chief Technology Officer and Environmental Responsibility; Executive Vice President | Senior Management | 2021 | 55 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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