3M (MMM) Divestments (2009 - 2023)
3M (MMM) posted Divestments of $57.0 million for Q3 2023, up 1800.0% sequentially from $3.0 million in Q2 2023, and down 94.3% YoY from $1000.0 million in Q3 2022.
3M (MMM) Divestments (2009 - 2023) Analysis & Trends
3M has reported Divestments for 9 years, with the latest figure at $57.0 million in Q3 2023.
- Quarterly Divestments fell 94.3% year-over-year to $57.0 million in Q3 2023, while the trailing twelve-month figure through Dec 2024 was $57.0 million (down 5.0% YoY) and the FY2025 annual result came in at $5.0 million, changed N/A from the prior year.
- Divestments advanced to $57.0 million in Q3 2023 per MMM's latest filing, from $3.0 million in the prior quarter.
- Over five years, Divestments peaked at $1.0 billion in Q3 2022 and troughed at $3.0 million in Q3 2020.
- A 4-year average of $256.1 million and a median of $57.0 million in 2023 frame the typical range for Divestments.
- The sharpest annual moves came in 2019 and 2023: Divestments surged 1525.0% in 2019, then sank 94.3% in 2023.
- Over 4 years, Divestments stood at $650.0 million in 2019, then sank by 99.54% to $3.0 million in 2020, then jumped by 33233.33% to $1.0 billion in 2022, then tumbled by 94.3% to $57.0 million in 2023.
- According to Business Quant data, Divestments over the past three periods registered $57.0 million, $3.0 million, and $1.0 billion for Q3 2023, Q2 2023, and Q3 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 92.62 Bn | 89.29 Bn | 2.68 Bn | - |
| 2 | Honeywell International | 69.21 Bn | 60.02 Bn | 3.65 Bn | - |
| 3 | Valmont Industries | 9.35 Bn | 9.21 Bn | 340.82 Mn | - |
| 4 | Brookfield Business | 5.78 Bn | 1.02 Bn | 1.27 Bn | 465.00 Mn |
| 5 | Pampa Energy | 4.32 Bn | 4.32 Bn | 372,128.00 | - |
| 6 | Seaboard | 4.18 Bn | 2.97 Bn | 221.00 Mn | - |
| 7 | Otter Tail | 3.86 Bn | 3.51 Bn | 216.33 Mn | - |
| 8 | Deluxe | 1.09 Bn | 1.06 Bn | 259.60 Mn | - |
| 9 | Tetra Technologies | 1.01 Bn | 860.10 Mn | 45.71 Mn | - |
| 10 | Compass Diversified Holdings | 754.93 Mn | 694.18 Mn | 189.36 Mn | 157,000.00 |
Historic Data
Download 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 |