3M (MMM) Divestments (2009 - 2023)
3M (MMM) reported Divestments of $57.0 million for Q3 2023, down 94.3% on a YoY basis from $1000.0 million in Q3 2022, and up 1800.0% sequentially from $3.0 million in Q2 2023.
3M (MMM) Divestments (2009 - 2023) Analysis & Trends
3M (MMM) has 9 years of Divestments data on file, last reported at $57.0 million in Q3 2023.
- For the quarter ending Q3 2023, Divestments fell 94.3% year-over-year to $57.0 million; the trailing twelve-month figure through Dec 2024 stood at $57.0 million (down 5.0% YoY), and the FY2025 full-year result was $5.0 million, changed N/A from the prior year.
- Divestments advanced to $57.0 million in Q3 2023, 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 soared 1525.0% in 2019 and tumbled 94.3% in 2023, its largest moves.
- Tracing MMM's Divestments over 4 years: stood at $650.0 million in 2019, then slumped by 99.54% to $3.0 million in 2020, then jumped by 33233.33% to $1.0 billion in 2022, then plunged by 94.3% to $57.0 million in 2023.
- Business Quant data shows MMM's Divestments at $57.0 million in Q3 2023, $3.0 million in Q2 2023, and $1.0 billion in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 88.13 Bn | 84.85 Bn | 2.68 Bn | - |
| 2 | Honeywell International | 78.15 Bn | 66.84 Bn | 3.65 Bn | - |
| 3 | Valmont Industries | 9.52 Bn | 9.36 Bn | 316.88 Mn | - |
| 4 | Brookfield Business | 6.56 Bn | 5.50 Bn | 1.31 Bn | 10.00 Mn |
| 5 | Seaboard | 4.44 Bn | 3.30 Bn | 217.00 Mn | - |
| 6 | Otter Tail | 3.87 Bn | 3.47 Bn | 239.49 Mn | - |
| 7 | Tetra Technologies | 1.18 Bn | 1.14 Bn | 38.23 Mn | - |
| 8 | Deluxe | 1.16 Bn | 1.13 Bn | 279.40 Mn | 10.80 Mn |
| 9 | Matthews International | 843.71 Mn | 807.63 Mn | 101.98 Mn | 3.83 Mn |
| 10 | Compass Diversified Holdings | 745.59 Mn | 813.24 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 |