3M Co. is a diversified technology company. Co. is a manufacturer and marketer of a variety of products and services. Co.'s segments include Safety and Industrial, Transportation and Electronics, and Consumer. Its Safety and Industrial segment include abrasives, automotive aftermarket, closure and masking systems, electrical markets, personal safety, roofing granules, and industrial adhesives and tapes. This segment offers collision repair and paint spray products, and reclosable fasteners, tapes and label materials for durable goods. We show 60 historical shares outstanding datapoints in our MMM shares outstanding history coverage, used to compute MMM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MMM market cap history over the course of time is important for investors
interested in comparing MMM's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of MMM versus a peer is one thing; comparing
MMM market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like MMM can fluctuate over the course of history.
With this page we aim to empower investors researching MMM by allowing them to research the MMM market cap history. |
Free MMM Email Alerts:
Video: The Importance of Market Cap
