Since December 31st, 2007, 3M Co's market capitalization has increased from $38.7 Billion to $53.7 Billion at May 26th, 2023.
3M Co's market capitalization as of May 26th, 2023 of $53.7 Billion was higher than its peers in the Diversified Machinery industry group of April 30th, 2023 of 3.02 Billion. From December 31st, 2007 to May 26th, 2023, 3M Co's average market capitalization was 69.3 Billion compared to an industry average of 5.78 Billion.
3M Co. is a diversified technology company, which manufactures industrial, safety and consumer products. The company operates its business through the following segments: Industrial, Safety & Graphics, Health Care, Electronics & Energy, and Consumer. The Industrial segment provides products, including tapes, abrasives, adhesives, specialty materials and filtration systems to diverse markets from purification to aerospace. The Safety & Graphics segment offers personal protective equipment, traffic safety & security products, commercial graphics systems, commercial cleaning & protection products, floor matting, roofing granules for asphalt shingles, and fall protection products. The Health Care segment supplies medical and surgical equipment, skin health & infection prevention products, drug delivery systems, dental & orthodontic products, health information systems and food safety products. The Electronics & Energy segment offers optical films solutions for electronic displays, packaging and interconnection devices; insulating and splicing solutions; touch screens and touch monitors; renewable energy component solutions; and infrastructure protection products. The Consumer segment provides sponges, scouring pads, high-performance cloths, consumer and office tapes, repositionable notes, indexing systems, home improvement products, home care products, protective material products, and consumer & office tapes, as well as adhesives. The company was founded by Henry S. Bryan, Hermon W. Cable, John Dwan, William A. McGonagle and J. Danley Budd in 1902 and is headquartered in St. Paul, MN.
© 2021 DiscoverCI
Disclaimer: DiscoverCI LLC is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on DiscoverCI.com represent a recommendation to buy or sell a security. The information on this site, and in its related application software, spreadsheets, blog, email and newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. In no event shall DiscoverCI.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any product, content or other material published or available on DiscoverCI.com, or relating to the use of, or inability to use, DiscoverCI.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related blog, email and newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way.