3M (MMM) Divestments (2009 - 2023)
3M's (MMM) quarterly Divestments came in at $57.0 million in Q3 2023, down 94.3% year-over-year from $1000.0 million in Q3 2022, and up 1800.0% quarter-over-quarter from $3.0 million in Q2 2023.
Analysis
3M (MMM) Divestments (2009 - 2023) Analysis & Trends
3M has disclosed Divestments across 9 years of filings, most recently posting $57.0 million for Q3 2023.
- In Q3 2023, Divestments fell 94.3% year-over-year to $57.0 million; the TTM figure through Dec 2024 stood at $57.0 million (down 5.0% YoY), while the FY2025 annual figure was $5.0 million, changed N/A from the prior year.
- Divestments came in at $57.0 million for Q3 2023 at 3M, up from $3.0 million in the prior quarter.
- In the past five years, Divestments ranged from a high of $1.0 billion in Q3 2022 to a low of $3.0 million in Q3 2020.
- Average Divestments over 4 years is $256.1 million, with a median of $57.0 million recorded in 2023.
- Year-over-year, Divestments jumped 1525.0% in 2019 and plunged 94.3% in 2023.
- Over 4 years, Divestments stood at $650.0 million in 2019, then tumbled by 99.54% to $3.0 million in 2020, then surged by 33233.33% to $1.0 billion in 2022, then sank by 94.3% to $57.0 million in 2023.
- Per Business Quant data, the three most recent Divestments figures were $57.0 million in Q3 2023, $3.0 million in Q2 2023, and $1.0 billion in Q3 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.36 Bn | 81.03 Bn | 2.68 Bn | - |
| 2 | Illinois Tool Works | 75.15 Bn | 74.31 Bn | 1.90 Bn | - |
| 3 | Ametek | 53.43 Bn | 52.93 Bn | 735.04 Mn | - |
| 4 | Rockwell Automation | 46.65 Bn | 46.17 Bn | 1.14 Bn | - |
| 5 | Mettler Toledo International | 25.74 Bn | 25.69 Bn | 650.22 Mn | - |
| 6 | Dover | 25.26 Bn | 23.50 Bn | 880.61 Mn | - |
| 7 | Nordson | 17.15 Bn | 17.04 Bn | 453.73 Mn | - |
| 8 | Fortive | 16.53 Bn | 16.16 Bn | 695.30 Mn | - |
| 9 | RBC Bearings | 14.91 Bn | 14.79 Bn | 247.80 Mn | - |
| 10 | Regal Rexnord | 10.39 Bn | 9.95 Bn | 611.60 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 57.00 Mn |
| Jun 30, 2023 | 3.00 Mn |
| Sep 30, 2022 | 1.00 Bn |
| Mar 31, 2022 | 13.00 Mn |
| Sep 30, 2020 | 3.00 Mn |
| Jun 30, 2020 | 487.00 Mn |
| Mar 31, 2020 | 86.00 Mn |
| Dec 31, 2019 | 650.00 Mn |
| Mar 31, 2019 | 6.00 Mn |
| Dec 31, 2018 | 40.00 Mn |
| Jun 30, 2018 | 772.00 Mn |
| Mar 31, 2018 | 40.00 Mn |
| Dec 31, 2017 | 203.00 Mn |
| Jun 30, 2017 | 809.00 Mn |
| Mar 31, 2017 | 53.00 Mn |
| Dec 31, 2016 | 86.00 Mn |
| Mar 31, 2016 | 56.00 Mn |
| Dec 31, 2015 | 104.00 Mn |
| Mar 31, 2015 | 19.00 Mn |
| Dec 31, 2009 | -2.00 Mn |