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Benzinga
Benzinga
Business
Benzinga Insights

UNBELIEVABLE: Looking into 3m s return on capital employed - The Untold Story

Mỹ 3

According to Benzinga Pro data 3M (NYSE:MMM) posted a 2.76% decrease in earnings from Q4. Sales, however, increased by 2.52% over the previous quarter to $8.83 billion. Despite the increase in sales this quarter, the decrease in earnings may suggest 3M is not utilizing their capital as effectively as possible. 3M reached earnings of $1.34 billion and sales of $8.61 billion in Q4.

Why Is ROCE Significant?

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