3M (MMM) Divestments (2009 - 2023)
3M recorded quarterly Divestments of $57.0 million in Q3 2023, up 1800.0% quarter-over-quarter from $3.0 million in Q2 2023, and down 94.3% year-over-year from $1000.0 million in Q3 2022.
3M's Divestments history runs 9 years deep, the most recent figure standing at $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.
- A 4-year average of $256.1 million and a median of $57.0 million in 2023 frame the typical range for Divestments.
- Across the five-year window, Divestments jumped 1525.0% in 2019 and plunged 94.3% in 2023, its largest moves.
- 3M's Divestments stood at $650.0 million in 2019, then plunged by 99.54% to $3.0 million in 2020, then soared by 33233.33% to $1.0 billion in 2022, then slumped 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 | Honeywell International | 149.73 Bn | 138.42 Bn | 3.54 Bn | 6.00 Mn |
| 2 | 3M | 79.89 Bn | 75.79 Bn | 2.46 Bn | - |
| 3 | Valmont Industries | 10.28 Bn | 10.12 Bn | 316.88 Mn | - |
| 4 | Seaboard | 5.00 Bn | 3.86 Bn | 217.00 Mn | - |
| 5 | Otter Tail | 3.50 Bn | 3.10 Bn | 239.49 Mn | - |
| 6 | Tetra Technologies | 1.39 Bn | 1.39 Bn | 38.23 Mn | - |
| 7 | Deluxe | 1.11 Bn | 1.08 Bn | 279.40 Mn | 10.80 Mn |
| 8 | Matthews International | 838.50 Mn | 802.41 Mn | 101.98 Mn | 3.83 Mn |
| 9 | Compass Diversified Holdings | 825.34 Mn | 892.99 Mn | 189.36 Mn | 157,000.00 |
| 10 | Falcon's Beyond Global | 575.98 Mn | 586.01 Mn | - | - |
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 |