3M Company, headquartered in the United States, operates within the technology sector and was founded in 1902 by John Dwan, Hermon Cable, Henry Bryan, and William A. McGonagle.
With a highly diversified business model, the company has a global presence across several industries, including safety, industrial, transportation, electronics, healthcare, and consumer goods.
3M’s portfolio is organized into four main segments:
-
Safety and Industrial: Includes products such as pressure-sensitive adhesives and tapes, electrical cables, and components used across a wide range of industrial applications.
-
Transportation and Electronics: Offers solutions for the automotive, marine, and aerospace sectors, as well as reflective materials used in road signage and commercial vehicles.
-
Healthcare: Covers a broad range of medical and surgical supplies, infection prevention products, dental and orthodontic products, food safety systems, and drug delivery solutions.
-
Consumer Products: Includes items for home improvement and maintenance, vehicle care products, stationery, office supplies, and adhesive solutions like the well-known Scotch™ brand.
Additionally, 3M is a major supplier of personal protective equipment (PPE), such as respirators, safety glasses, helmets, and fall protection gear.
With operations in over 70 countries, the company has a strategic footprint in regions like the United States, Brazil, Canada, France, Germany, Mexico, Australia, and the United Kingdom, among others.
3M maintains a strong commitment to innovation, consistently investing in research and development to drive product evolution and support global customer demands.
The company’s subsidiaries support operational efficiency and market expansion, forming a resilient and integrated global supply chain.
Its operational structure includes manufacturing facilities, R&D centers, and sales offices worldwide.
3M is publicly traded on the New York Stock Exchange (NYSE) under the ticker MMM.
History and Founding of 3M Company
3M was founded in 1902 in Minnesota, United States, initially as a mining company focused on extracting minerals used in the production of sandpaper and grinding wheels.
Over the years, the company expanded its product offering and introduced groundbreaking innovations such as the world’s first waterproof sandpaper and the iconic adhesive tape, solidifying its presence in both industrial and consumer markets.
In 1946, 3M held its initial public offering (IPO) and was listed on the New York Stock Exchange (NYSE).
The 1950s marked the beginning of its international expansion, with the establishment of subsidiaries in key markets including Australia, Brazil, Canada, France, Germany, Mexico, and the United Kingdom.
In the following decades, 3M positioned itself as a global leader in technological innovation, investing heavily in R&D to meet evolving industrial and consumer demands.
The company also began implementing sustainability practices across its operations, reinforcing its commitment to environmental responsibility.
Between 2020 and 2024, 3M faced challenges related to global supply chain disruptions and the increased demand for healthcare products during the COVID-19 pandemic.
Despite these challenges, the company strengthened its medical product lines and accelerated investment in new technologies to boost its presence in emerging markets.
In recent years, 3M has focused on expanding its international footprint, adapting to sustainability trends and embracing digital transformation in the global technology industry.
Additional Information
The Company 3M Company (United States), is listed on NYSE with a market cap of $ 89.38 Billions, having an equity of $ 4.68 Billions.
With a total of 95.000 employees, the company is listed in the sector of Technology and categorized in industry of Eletronic and Control Instruments.
In the last 12 months the Company had a revenue of $ 24.83 Billions, which generated a profit in the amount of $ 3.40 Billions.
As for its main indicators, the Company has a P/E ratio of 26.28, a P/BV ratio of 19.12 and in the last 12 months the dividend yield of MMM was at 1.73%.
The Company is traded internationally through the ticker MMM.