3M (MMM) Divestments (2009 - 2023)
3M's (MMM) quarterly Divestments came in at $57.0 million in Q3 2023, down 94.3% year-on-year from $1000.0 million in Q3 2022, and up 1800.0% quarter-over-quarter from $3.0 million in Q2 2023.
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.
- Divestments for Q3 2023 came in at $57.0 million, down 94.3% year-over-year; the trailing twelve-month figure through Dec 2024 was $57.0 million (down 5.0% YoY), and the FY2025 annual result 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.
- The 4-year median for Divestments is $57.0 million (2023), against an average of $256.1 million.
- Across the five-year window, Divestments soared 1525.0% in 2019 and sank 94.3% in 2023, its largest moves.
- 3M's Divestments stood at $650.0 million in 2019, then sank by 99.54% to $3.0 million in 2020, then surged by 33233.33% to $1.0 billion in 2022, then tumbled by 94.3% to $57.0 million in 2023.
- The last three Divestments figures came in at $57.0 million (Q3 2023), $3.0 million (Q2 2023), and $1.0 billion (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Pampa Energy | 1,836.33 Bn | 900.18 Bn | 109.00 Mn | -290.75 Bn |
| 2 | Honeywell International | 145.45 Bn | 134.13 Bn | 3.54 Bn | 6.00 Mn |
| 3 | 3M | 85.14 Bn | 81.04 Bn | 2.46 Bn | - |
| 4 | Valmont Industries | 11.12 Bn | 10.97 Bn | 316.88 Mn | - |
| 5 | Seaboard | 4.59 Bn | 3.45 Bn | 217.00 Mn | - |
| 6 | Otter Tail | 3.66 Bn | 3.25 Bn | 239.49 Mn | - |
| 7 | Tetra Technologies | 1.37 Bn | 1.37 Bn | 38.23 Mn | - |
| 8 | Deluxe | 1.04 Bn | 1.01 Bn | 279.40 Mn | 10.80 Mn |
| 9 | Matthews International | 826.85 Mn | 790.76 Mn | 101.98 Mn | 3.83 Mn |
| 10 | Compass Diversified Holdings | 760.64 Mn | 828.28 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 |