3M Co (MMM) Change in Organic Revenue % : -1.90% (As of Dec. 2023)

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What is 3M Co Change in Organic Revenue %?

Organic revenue is revenue generated from within a company that is a direct result of the firm's existing operations. Change in Organic Revenue % provides management and investors with the level of revenue change that was generated from the sale of a company's products and services.

3M Co's Change in Organic Revenue % for the quarter that ended in Dec. 2023 was -1.90% , which is higher than -3.70% for the pervious quarter ended in Sep. 2023.

3M Co's Change in Organic Revenue % for the annual that ended in Dec. 2023 was -3.20% , which is lower than 1.20% for the pervious year ended in Dec. 2022.

The historical rank and industry rank for 3M Co's Change in Organic Revenue % or its related term are showing as below:

MMM's Change in Organic Revenue % is not ranked ^*
in the Conglomerates industry.
Industry Median:
* Ranked among companies with meaningful Change in Organic Revenue % only.

3M Co Change in Organic Revenue % Historical Data

The historical data trend for 3M Co's Change in Organic Revenue % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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3M Co Change in Organic Revenue % Chart

3M Co Annual Data

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3M CoQuarterly Data

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Change in Organic Revenue %

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Competitive Comparison of 3M Co's Change in Organic Revenue %

For the Conglomerates subindustry, 3M Co's Change in Organic Revenue %, along with its competitors' market caps and Change in Organic Revenue % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

3M Co (NYSE:MMM) Change in Organic Revenue % Explanation

Organic revenue is the product of the internal processes of a company and are generated solely within the firm minus cost of goods sold (COGS). It’s similar to the gross income. Organic revenue provides management and investors with the level of revenue that was generated from the sale of a company's products and services.

If the change in organic revenue is positive, then the company generates increases in organic revenue, which is typically referred to as organic growth. Once an acquisition is fully integrated into a company's existing operations, sales from the acquired unit or business would then be counted as organic sales.

Organic revenue is important because it doesn't include taxes and other one-off items that may skew a company's profit in a given year. The changing of the organic revenue also reflects the company’s core business profitability is increasing, especially when an acquisition happened. It is a more reliable index than gross income at that time because the performance of newly acquired businesses may change in the future.

3M Co (MMM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » 3M Co (NYSE:MMM) » Definitions » Change in Organic Revenue %

Comparable Companies

Traded in Other Exchanges

MMM:Mexico 1MMM:Italy MMMd:UK MMM:Germany MMM:Germany MMM:Germany MMM:Germany MMM:Chile MMM:Switzerland MMMC34:Brazil MMM:Austria MMM:Argentina

Address

3M Center, St. Paul, MN, USA, 55144

Website

https://www.3m.com

3M is a multinational conglomerate that has operated since 1902, when it was known as Minnesota Mining and Manufacturing. The company is well known for its research and development laboratory and it leverages its science and technology across multiple product categories. As of 2020, 3M is organized into four business segments: safety and industrial, transportation and electronics, healthcare, and consumer. Nearly 50% of the company's revenue comes from outside the Americas, with the safety and industrial segment constituting a plurality of net sales. Many of the company's 60,000-plus products touch and concern a variety of consumers and end markets.

Executives

Thomas W Sweet	director	ONE DELL WAY, ROUND ROCK TX 78682
Bryan C Hanson	officer: Group Pres & CEO Health Care	ZIMMER BIOMET HOLDINGS, 345 E. MAIN STREET, WARSAW IN 46580
Audrey Choi	director	3M COMPANY, 3M CENTER, BUILDING 220-9E-02, ST. PAUL MN 55144-1000
Eric D. Hammes	officer: VP, Corp Controller & CAO	3M COMPANY OFFICE OF GENERAL COUNSEL, 3M CENTER, ST. PAUL MN 55144-1000
Goralski Christian T Jr	officer: Group President	3M COMPANY, 3M CENTER, BUILDING 220-9E-02, ST. PAUL MN 55144-1000
Pedro Pizarro	director	2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Anne H Chow	director	2200 WEST PARKWAY BLVD., SALT LAKE CITY UT 84119
Kevin H Rhodes	officer: EVP & Chief Legal Officer	3M COMPANY, 3M CENTER, BLDG 220-09-E-02, ST. PAUL MN 55144-1000
Chavez Rodriguez Beatriz Karina	officer: Senior Vice President	3M COMPANY, 3M CENTER BLDG 220-09-E-02, ST. PAUL MN 55144-1000
John Patrick Banovetz	officer: Sr Vice President	3M CENTER, MAPLEWOOD MN 55144
Zoe L Dickson	officer: Executive Vice President	3M COMPANY, 3M CENTER, BLDG 220 09 E-02, ST. PAUL MN 55144-1000
Michael G. Vale	officer: Executive Vice President	3M CENTER OFFICE OF GENERAL COUNSEL, ST PAUL MN 551441000
Theresa E Reinseth	officer: Vice President/CAO	3M COMPANY OFFICE OF GENERAL COUNSEL, 3M CENTER, ST PAUL MN 55144-1000
Mojdeh Poul	officer: Executive Vice President	3M COMPANY OFFICE OF GENERAL COUNSEL, 3M CENTER, ST PAUL MN 55144-1000
Michael F Roman	officer: Senior Vice President	3M COMPANY OFFICE OF GENERAL COUNSEL, 3M CENTER, ST. PAUL MN 55144-1000