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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

63/100

OVERVIEW

Founded:

1902

Headquarters:

Saint Paul, Minnesota

Status:

PublicNYSEMMM

Industry Sector:

Retail Distributors

SIC Code:

5990NAICS listing »

Top Competitors or Alternatives

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Competitor - 1/1

Is Philips a competitor of 3M?

I don't know

Trending News for 3M and 3M's Competitors

April 3, 2020

The Seattle Times - Business & Tech

3M fires back at Trump over order to produce more face masks

Manufacturing giant 3M pushed back Friday against criticism from President Donald Trump over producti... See more »

April 3, 2020

MarketScreener

TE Connectivity : and TE Connectivity Foundation support global fight against COVID-19

(marketscreener.com) SCHAFFHAUSEN, Switzerland, April 3, 2020 /PRNewswire/ -- TE Connectivity, a worl... See more »

April 3, 2020

just-style

New Avery Dennison Ecotach recycled apparel fasteners

Avery Dennison Fastener Solutions has developed a new line of sustainable apparel tag fasteners made ... 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 $63.1B 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 55% 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
$32.1B
1

H. Lawrence Culp

Chairman & CEO

65/100
283,000
$2M
$7.7B
2

Thomas P. Joyce

President & CEO

77/100
71,000
$12.9M
$17.9B
3

George R. Oliver

CEO

66/100
57,000
- -
$9.8B
4

D. Christian Koch

President & CEO

71/100
13,000
- -
$4.8B
5

Thomas Polen

CEO

80/100
76,032
- -
$17.4B
6

Frans van Houten

Chairman & CEO

60/100
77,400
- -
$21.8B
7

Fumio Suzuki

President & CEO

67/100
10
- -
$10M
8

Terrence R. Curtin

CEO

87/100
80,000
- -
$13.3B
9

Mitchell R. Butier

President & CEO

85/100
30,000
- -
$7.1B
10

Patrick Wang

Chairman & CEO

72/100
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 628.5K 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

$32.1B

3M's revenue is the ranked 1st among it's top 10 competitors. The top 10 competitors average 12.3B. Over the last four quarters, 3M's revenue has grown by 3.2%. Specifically, in Q4 2019's revenue was $8.1B; in Q3 2019, it was $8B; in Q2 2019, it was $8.2B; in Q1 2019, 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

TactoTek designs and develops injection molded structural electronics for automotive, smart homes and industrial applications.
$25.3M
Feb 05, 2020
Series C
-
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
-

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

April 3, 2020St Louis Post Dispatch

3M accepts US move on mask production, but criticizes a clampdown on exports

MINNEAPOLIS - 3M on Friday said it would work with the government to boost the availability of its re... See more »
April 3, 2020Reuters

UPDATE 3-3M warns against Trump's order to limit face mask exports

3M Co said on Friday it would make more face masks for the United States to fight the coronavirus pan... See more »
April 3, 2020The Seattle Times - Business & Tech

3M fires back at Trump over order to produce more face masks

Manufacturing giant 3M pushed back Friday against criticism from President Donald Trump over producti... See more »
April 3, 2020Benzinga

Halting N95 Mask Exports Would Hurt U.S.

The Trump administration's request for 3M Company (NYSE: MMM) to halt exports of N95 respirator masks... See more »
April 3, 2020MarketWatch

3M hits back at prospective ban on export of respirators

3M hits back at prospective ban on export of respirators... See more »
April 2, 2020Law 360

3M Can't Pin Defective Earplugs On Gov't, Military Users Say

3M Co. can't argue that a government contract preemption gives it clearance to exit a suit over its a... See more »
March 31, 2020Manufacturingnet

3M Taking Further Actions to Curb Price Gouging, Fraud

The conglomerate outlined measures to combat price gouging, fraud and counterfeiting in connection wi... See more »

3M Press Releases

March 7, 2020StreetInsider

3M Announces Upcoming Investor Event Update

ST. PAUL, Minn.--(BUSINESS WIRE)-- 3M (NYSE: MMM) today announced an update to the following investor... See more »
February 4, 2020PR Newswire

Introducing the 3M VHB Tape LSE Series

ST. PAUL, Minn., Feb. 4, 2020 /PRNewswire/ -- Bonding low surface energy (LSE) plastics can be a stic... See more »
December 3, 2019Business Wire

3M Open Partners With Vikings' Kyle Rudolph for NFL's My Cause, My Cleats Week

ST. PAUL, Minn.--(BUSINESS WIRE)--Minnesota Vikings tight end Kyle Rudolph, 3M and the 3M Open have t... See more »
November 20, 2019WebWire

Johnson Matthey acquires battery anode material IP assets from 3M

Johnson Matthey, the global leader in sustainable technologies, announces that it has acquired the fu... See more »
November 6, 2019PR Newswire

Dozuki Collaborates with 3M to Connect Factory Workers and Digital Transformation Strategies in Manufacturing

SAN LUIS OBISPO, Calif., Nov. 6, 2019 /PRNewswire/ -- Dozuki, a San Luis Obispo, Calif.-based softwar... See more »
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 »

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 63%. 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 $32.1B 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 Retail Distributors

  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 Tactotek, Socially Determined, Inkbit
Stay up-to-date with the latest news on 3M