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3M's Competitors, Revenue, Number of Employees, Funding and Acquisitions

3M is a business conglomerate that specializes in energy, electronics, automotive, transportation and healthcare sectors... Read more

Based on data from 3M's latest SEC filings

Annual Revenue

Based on data from 3M's latest SEC filings

Employees

Michael F. Roman's photo - CEO of 3M

CEO

Michael F. Roman

CEO Approval Rating

72/100

OVERVIEW

Founded:

1902

Headquarters:

Saint PaulMinnesota

Status:

PublicIndependent Company of NYSEMMM

Industry Sector:

Industrial Suppliers

SIC Code:

3690NAICS listing »

Top Competitors or Alternatives

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Competitor - 1/1

Is BD a competitor of 3M?

I don't know

Trending News for 3M and 3M's Competitors

January 28, 2020

The Seattle Times - Business & Tech

Post-It notes maker 3M cutting about 1,500 jobs

A profound slump in manufacturing and a trade war that has slowed economic growth in China has led to... See more »

January 28, 2020

Reuters

Philips bids farewell to home appliances to sharpen health focus

Philips will complete its transformation to a health technology business with the sale of its domesti... See more »

January 28, 2020

Benzinga

General Electric's Q4 Earnings Preview

On Wednesday, January 29, General Electric (NYSE: GE) will release its latest earnings report. Benzin... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

GE is a top competitor of 3M. GE was founded in Boston, Massachusetts} in 1892. GE competes in the Electrical & Electronics goods industry. Compared to 3M, GE generates $80.7B more revenue.

Danaher is 3M's #2 competitor. Danaher is headquartered in Washington, District of Columbia, and was founded in 1969. Danaher operates in the Health Care Equipment industry. Danaher generates 63% the revenue of 3M.

Tyco has been one of 3M's top competitors. Tyco is a Private company that was founded in 1960 in Cork, County Cork. Tyco operates in the Technology Hardware industry. Compared to 3M, Tyco has 36,516 fewer employees.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Michael F. Roman

CEO

- -
93,516
$0
$32B
1

H. Lawrence Culp

Chairman & CEO

70/100
283,000
$2M
$120.6B
2

Thomas P. Joyce

President & CEO

65/100
71,000
$12.9M
$20.4B
3

George R. Oliver

CEO

67/100
57,000
- -
$9.8B
4

D. Christian Koch

President & CEO

71/100
13,000
- -
$4.7B
5

Thomas Polen

CEO

87/100
76,032
- -
$17.3B
6

Frans van Houten

Chairman & CEO

67/100
77,400
- -
$21B
7

Fumio Suzuki

President & CEO

66/100
10
- -
$10M
8

Terrence R. Curtin

CEO

80/100
80,000
- -
$13.4B
9

Mitchell R. Butier

President & CEO

78/100
30,000
- -
$7.1B
10

Patrick Wang

Chairman & CEO

71/100
38,000
- -
$3.3B
The top 10 competitors in 3M's competitive set are GE, Danaher, Tyco, Carlisle, BD, Philips, Nihon Kohden, TE Connectivity, Avery Dennison and Johnson Electric. Together they have raised over 14.9M between their estimated 717.5K employees. 3M has 93,516 employees and is ranked 2nd among it's top 10 competitors. The top 10 competitors average 74,450.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$32B

3M's revenue is the ranked 2nd among it's top 10 competitors. The top 10 competitors average 22.7B. Over the last four quarters, 3M's revenue has grown by 0.6%. Specifically, in Q3 2019's revenue was $8B; in Q2 2019, it was $8.2B; in Q1 2019, it was $7.9B; in Q4 2018, 3M's revenue was $7.9B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
KCI Licensing, Inc.

May 2019

Source »
undisclosed
-
Acelity L.P., Inc.

May 2019

Source »
$6.7B
Acelity develops, manufactures and commercializes wound therapeutics products for the healthcare industry.
Elution Technologies

Sep 2017

Source »
undisclosed
Elution Technologies is a manufacturer of harmful allergen test kits for food and beverage companies.
Scott Safety

Mar 2017

Source »
$2B
Scott Safety is a manufacturer of self-contained breathing apparatus systems, gas and flame detection instruments and safety devices.
Semfinder AG

Sep 2016

Source »
undisclosed
Semfinder is a medical coding technology company that develops semantic coding solutions for electronic medical records.

These are all the companies that 3M has acquired. 3M has acquired 14 companies and its latest acquisition was KCI Licensing, Inc. in May 2019.

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Socially Determined develops a cloud-based data analytics platform that analyzes clinical, financial and social healthcare insights.
$3.8M
Jan 20, 2020
Series A
-
Inkbit develops an additive manufacturing platform that enables users to design 3D modeling products.
$12M
Nov 03, 2019
Equity
-
Socially Determined develops a cloud-based data analytics platform that analyzes clinical, financial and social healthcare insights.
$7.3M
Oct 27, 2019
Series A
-
Varentec is a provider of power electronics-based Smart Grid control solutions for municipal, cooperatives and investor-owned utilities.
-
Aug 10, 2016
Series C
-
Nanoscale Components is a developer of pre-lithiation processes for improved lithium ion batteries.
-
Feb 19, 2015
Unattributed
-

These are all the companies that 3M has invested in. 3M has invested 14 companies and its latest investment was KCI Licensing, Inc. in May 2019.

3M News

Today 11:19 AMSeeking Alpha

A Dividend King On Sale

See more »
Today 8:59 AMMarketScreener

Feels Manufacturing Slump And Readies Additional Layoffs

(marketscreener.com) By Austen Hufford 3M Co. posted lower revenue in significant U.S. markets and se... See more »
Today 3:07 AMThe Detroit News

In grinding manufacturing slump, 3M cuts another 1,500 jobs

The latest round represents about 1.5% of 3M's global workforce, and the cuts will occur across all b... See more »
Today 12:00 AMUnited Press International

3M announces 1,500 layoffs in company restructuring effort

3M announced 1,500 layoffs on Tuesday as it reported its sales and earnings for the fourth quarter of... See more »
January 28, 2020The Washington Post

When Face Masks Are a 3M Big Seller, That's Telling

A meager 2020 outlook signals the company won't get much help from the economy to offset idiosyncrati... See more »
January 28, 2020MarketWatch

3M sees coronavirus boosting demand for face masks, as China projected to return to growth

3M Co. Chief Executive Mike Roman said Tuesday that his view of weakness in the China business is "ch... See more »
January 28, 2020Business Insider India

3M just got hit with a trifecta of negative news. Here's why the stock is diving today.

From litigation to job cuts, 3M announced a slew of bad news Tuesday.After Boeing halted 737 Max prod... See more »

3M Press Releases

October 23, 2019Business Wire

3M Open Fund Gifts More Than $1.5 Million to Local Non-Profits

BLAINE, Minn.--(BUSINESS WIRE)-- #GolfThatMatters--3M Open officials announced that more than $1.5 mi... See more »
October 23, 2019Endurance Sportswire

3M Half Marathon Continues Partnership with Nuun

AUSTIN, Texas, October 23, 2019 - High Five Events, one of the largest privately owned event producti... See more »
September 23, 2019PR Newswire

3M Collaborates with Wrapmate to Provide Print-Ready Customers to Graphic Professionals

ST. PAUL, Minn., Sept. 23, 2019 /PRNewswire/ -- Business owners today are faced with a wide variety o... See more »
September 23, 2019PR-Inside

How to pair your bluetooth device with the 3M Peltor WS litecom Pro 3 Headset

(PR-inside.com) Bluetooth Operation Guide for 3M Peltor WS LiteCom Pro III Headset The 3M Peltor Lite... See more »
September 4, 2019University Chronicle

SkillsUSA WorldSkills USA Team Earns Bronze Medal and Four Medallions of Excellence at International Event

Highlights importance of a competitive, highly skilled workforce.LEESBURG, Va. (PRWEB) September 04, ... See more »
August 23, 2019EIN Presswire

Expert Industrial Packaging Supplier Announces Partnership with 3M

B2B Industrial Packaging just announced a key partnership with 3M for distributing products such as t... See more »
August 19, 2019GlobalNewswire

Hagens Berman Reminds 3M Shareholders of Firm's Investigation of Board's Wrongdoing

SAN FRANCISCO, Aug. 19, 2019 (GLOBE NEWSWIRE) -- Hagens Berman Sobol Shapiro LLP reminds long-time sh... See more »

3M Videos

April 4, 20193M Youtube Channel

"Microreplication: The Science of Illumination 2019" on YOUTUBE

See more »
April 4, 20193M Youtube Channel

"3M/Vox SXSW "The Deep End" Activation 2019" on YOUTUBE

See more »
January 24, 20193M Youtube Channel

"3M Aircraft boots for Radome Protection" on YOUTUBE

See more »
January 21, 20193M Youtube Channel

"3M Design Internship Experience" on YOUTUBE

See more »
December 28, 20183M Youtube Channel

"3M and KUKA partner to provide abrasives automation solutions" on YOUTUBE

See more »
November 5, 20183M Youtube Channel

"Changing careers: from veteran to supply chain" on YOUTUBE

See more »
October 12, 20183M Youtube Channel

"Data and tech helping people with asthma" on YOUTUBE

See more »

Social Statistics

Headquarters

3M Center Bldg. 220-11W-02

Saint Paul, Minnesota55144-1000

1-651-733-2204

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

3M Company (NYSE: MMM) is a diversified technology company serving customers and communities with innovative products and services. It was formerly known as the Minnesota Mining and Manufacturing Company and is an American multinational conglomerate c...

CEO

3M's CEO, Michael F. Roman, currently has an approval rating of 72%. 3M's primary competitors are GE, Danaher & Tyco.

Website

3m.com

Frequently Asked Questions about 3M

  1. When was 3M founded?

    3M was founded in 1902

  2. Who is 3M's CEO?

    3M's CEO is Michael F. Roman

  3. How much revenue does 3M generate?

    3M generates $32B in revenue

  4. How much funding does 3M have?

    3M has historically raised $0 in funding

  5. Where is 3M's headquarters?

    3M's headquarters is in Saint Paul Minnesota, USA

  1. How many employees does 3M have?

    3M has 93,516 employees

  2. What sector does 3M operate in?

    3M is in Industrial Suppliers

  3. Who are 3M's competitors?

    3M's top competitors are GE, Danaher, Tyco

  4. Who has 3M invested in?

    3M's has invested in companies such as Socially Determined, Inkbit, Socially Determined
Stay up-to-date with the latest news on 3M