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Company Description

Contact Info

3M Center

St. Paul, MN 55144

United States

Phone: 651-733-1110

Fax:

tenance and repair, OEM, telecommunications central office, outside plant and enterprise, as well as aerospace, military, automotive and medical markets, with products that enable the efficient transmission of electrical power and speed the delivery of information. Products in this segment include pressure sensitive tapes and resins, electrical insulation, and a range of fiber-optic and copper-based telecommunications systems for rapid deployment of fixed and wireless networks, as well as the 3M Aluminum Conductor Composite Reinforced electrical power cable that increases transmission capacity for existing power lines. This segment also includes renewable energy component solutions for the solar and wind power industries, as well as infrastructure products solutions that provide municipalities both protection and detection solutions for electrical, oil, natural gas, water, rebar and other infrastructure assets. Consumer The Consumer segment serves markets that include consumer retail, office retail, office business to business, home improvement, drug and pharmacy retail, and other markets. Products in this segment include office supply products, stationery products, construction and home improvement products (do-it-yourself), home care products, protective material products, certain consumer retail personal safety products, and consumer health care products. Major consumer products include Scotch brand products, such as Scotch Magic tape, Scotch glue stick, and Scotch cushioned mailer; Post-it products, such as Post-it flags, Post-it note pads, Post-it labeling & cover-up tape, and Post-it pop-up notes and dispensers; construction and home improvement products, including surface-preparation and wood-finishing materials, Command adhesive products and Filtrete filters for furnaces and air conditioners; home care products, including Scotch-Brite scour pads, Scotch-Brite scrub sponges, Scotch-Brite microfiber cloth products, O-Cel-O sponges; protective material products, such as Scotchgard fabric protectors; certain maintenance-free respirators; certain consumer retail personal safety products, including safety glasses, hearing protectors, and 3M Thinsulate insulation, which is used in jackets, pants, gloves, hats and boots to keep people warm; Nexcare adhesive bandages; and ACE branded (and related brands) elastic bandage, supports and thermometer product lines. Distribution The company sells its products through various distribution channels, including directly to users; and through various wholesalers, retailers, jobbers, distributors and dealers in various trades in countries worldwide. Research and Development For the year ended December 31, 2015, the company’s research, development, and related expenses totaled $1.763 billion. History 3M Company was founded in 1902. The company was incorporated in 1929 under the laws of the state of Delaware.

 

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MMM

Industry Average

Valuation MMM Industry Range
Price/Earnings 21.9x
Price/Sales 3.5x
Price/Book 8.7x
Price/Cash Flow 21.2x
TEV/Sales 3.0x
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