# 3M (MMM.US)

Canonical: https://gigainvestors.com/s/MMM

Analysis as of: 2026-10-16T07:30:17.422Z. Financial observations: FY1996–FY2025.

Listing currency: USD. Reporting currency: USD.

## Verdict

Not a wonderful business

Quality tests for Buy: not passed (profit record: pass; earnings resilience is evidence only). Published buy qualification: no.

Share price: $165.33 per share; close as of 2026-10-15.

Estimated value: low $96.83 per share, central $109.42 per share, high $126.19 per share. Buy at or below the central value $109.42 per share. Valuation as of 2026-10-16T07:30:17.422Z; scenarios are not confidence intervals.

Expected annual return: 7.5% at the stated quote. About 7.5% a year at today's price (required return 10.0%). required return 10.0% a year (10% floor; US 10-year bond 5.1% + 4 points).

## Checklist

### understandable: fail

- 5 revenue declines in the last 10 years (informational)

- operating margin variation exceeds 0.35

- Financial history: 10 years

- Years with declining revenue: 5

- Years with a net loss: 1

- Operating margin variation: 0.95×

Chart: Operating margin; fiscal year observations.

- FY2016: 0.23×

- FY2017: 0.23×

- FY2018: 0.24×

- FY2019: 0.22×

- FY2020: 0.22×

- FY2021: 0.21×

- FY2022: 0.12×

- FY2023: -0.28×

- FY2024: 0.20×

- FY2025: 0.18×

### moat: fail

- Recent gross margin fell 7.8pp below the typical margin (limit 4pp)

- ROIC, median of available years: 42.0%

- ROIC, second-lowest year: 17.3%

- Typical minus recent gross margin: 7.8 pp

- Typical gross margin (annual median): 47.3%

- Recent gross margin (lower of latest and 3-year median): 39.6%

- Years with nonpositive capital: 0

- Capital spending / revenue: 4.8%

- ROIC including acquisitions, ten-year median: 22.0%

Chart: ROIC excluding acquisitions; fiscal year observations.

- FY2016: 49.6%

- FY2017: 43.0%

- FY2018: 53.1%

- FY2019: 36.2%

- FY2020: 40.5%

- FY2021: 40.9%

- FY2022: 17.3%

- FY2023: -76.8%

- FY2024: >100%

- FY2025: 65.8%

### economics: fail

- incremental invested capital return below threshold

- Owner earnings / net income, 5-yr: 1.10×

- Cash conversion uses consolidated totals: No

- Owner earnings, five-year total: $13B

- Net income, five-year total: $12B

- Return on incremental invested capital: 0.0%

- Working capital / revenue, annual change: -0.6 pp

- Working capital / revenue, change between three-year averages: -4.7 pp

- Working capital / revenue, final three-year average: 16.8%

Chart: Annual owner cash / profit; fiscal year observations.

- FY2021: 1.05×

- FY2022: 1.01×

- FY2023: 0.95×

- FY2024: 1.01×

- FY2025: 1.12×

### management: fail

- Historical market-dollar context (not the management verdict): 2016 to 2025 (9 years)

- potential debt-funded buybacks (informational)

- buybacks leaned toward cheaper years (informational)

- ROIC first 3 years vs last 3 years: 49.6% vs 65.8%

- Per-share earnings: 6.63 to 6.00 (three-year endpoint medians)

- per-share value declined or ends nonpositive

- Management verdict uses per-share economic progress: Yes

- Ordinary dilution, 10-year annual growth: -3.4%

- Ordinary dilution, 5-year annual growth: -4.9%

- Market cap gain: -$22B

- Cumulative retained earnings: $351M

- Diluted shares, 10-year annual growth: -3.4%

- Diluted shares, 5-year annual growth: -4.9%

- $1 test, starting fiscal year: FY2016

- $1 test, ending fiscal year: FY2025

- Per-share value growth: -1.2%

- Per-share value change: -$0.63

- Per-share value, starting three-year median: $6.63

- Per-share value, ending three-year median: $6.00

- Buybacks concentrated in cheaper years (correlation): 0.25

- Average buyback yield: 2.4%

- Buyback history: 10 years

- Debt-funded buybacks: Yes

- Acquisition spending: $9.1B

- Cumulative net income, 10 years: $37B

- ROIC, first three-year median: 49.6%

- ROIC, last three-year median: 65.8%

Chart: Earnings per share; fiscal year observations.

- FY2016: $6.82

- FY2017: $6.63

- FY2018: $7.43

- FY2019: $6.53

- FY2020: $7.83

- FY2021: $8.46

- FY2022: $10.18

- FY2023: -$12.63

- FY2024: $7.55

- FY2025: $6.00

### accounting: pass

- Sloan accruals: 2.5%

- Receivables to sales index (DSRI): 1.06×

- Restructuring years, last five: 1

- Stock compensation / operating cash flow: 9.8%

- Earnings backed by cash: Yes

- Operating cash / earnings: 0.71×

- Accounting red flags: 0

- Goodwill and intangibles / equity: 1.60×

Chart: Sloan accruals; fiscal year observations.

- FY2016: -4.9%

- FY2017: -3.6%

- FY2018: -3.0%

- FY2019: -5.6%

- FY2020: -5.6%

- FY2021: -3.3%

- FY2022: 0.4%

- FY2023: -27.0%

- FY2024: 5.9%

- FY2025: 2.5%

## Holders

- [David Hoeft](https://gigainvestors.com/DAC): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Allen Bond](https://gigainvestors.com/JIM): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Andrew Adams](https://gigainvestors.com/MPF): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Robert Torray](https://gigainvestors.com/T): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Price needs cash profits to grow 6.3% a year for ten years · sales +1.5%

Story as of 2026-10-16T09:59:10.735Z; price observation 2026-10-15.

Price needs cash profits to grow 6.3% a year for ten years

- 2025-10-21: 3M Delivers Strong Third-Quarter Results; Increases Full-Year Margin and EPS Guidance ([finance.yahoo.com](https://finance.yahoo.com/news/3m-delivers-strong-third-quarter-103000550.html))

- 2026-01-20: 3M Says Trump’s Greenland Tariffs Could Be a $40 Million Hit ([finance.yahoo.com](https://finance.yahoo.com/m/16441f0a-688d-322f-b407-df0a1ba0952c/3m-says-trump%E2%80%99s-greenland.html))

- 2026-02-04: Assessing 3M (MMM) Valuation After Earnings Beat And Ongoing PFAS And Consumer Segment Concerns ([finance.yahoo.com](https://finance.yahoo.com/news/assessing-3m-mmm-valuation-earnings-043808962.html))

- 2026-06-25: 3M's Fiber Optic Breakthrough Is Helping Power AI's Massive Buildout ([finance.yahoo.com](https://finance.yahoo.com/technology/ai/articles/3ms-fiber-optic-breakthrough-helping-203000235.html))

- 2026-07-21: 3M shares jump on Q2 earnings beat, raised guidance ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/3m-shares-jump-q2-earnings-140300743.html))

- 2026-09-23: 3M's Consumer Business Hurt by Weak Retail Markets: Is a Turnaround Likely? ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/3ms-consumer-business-hurt-weak-154500188.html))

### Sales · FY2024–2025

sales +1.5%; source https://www.sec.gov/Archives/edgar/data/66740/000006674026000014/mmm-20251231.htm; observed 2026-02-03.

- FY2016: $30B 

- FY2017: $32B 

- FY2018: $33B 

- FY2019: $32B 

- FY2020: $32B 

- FY2021: $35B 

- FY2022: $34B 

- FY2023: $33B 

- FY2024: $25B 

- FY2025: $25B 

### Gross margin · FY2025

gross margin 39.6%; source https://www.sec.gov/Archives/edgar/data/66740/000006674026000014/mmm-20251231.htm; observed 2026-02-03.

- FY2016: 49.7% 

- FY2017: 49.5% 

- FY2018: 49.4% 

- FY2019: 47.6% 

- FY2020: 48.5% 

- FY2021: 47.0% 

- FY2022: 43.7% 

- FY2023: 43.5% 

- FY2024: 41.0% 

- FY2025: 39.6% 

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in conglomerates; annual sales are USD 24.9 billion.

- Source: https://www.sec.gov/Archives/edgar/data/66740/000006674026000014/mmm-20251231.htm (filed 2026-02-03); FY2025: revenue 24948000000; grossProfit 9868000000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); MMM.US: 3M Company provides diversified technology services in the America, the Asia Pacific, Europe, the Middle East, Africa, and internationally. It operates through three segments: Safety and Industrial, Transportation and Electronics, and Consumer. The Safety and Industrial segment provides industrial abrasives and finishing for metalworking applications; autobody repair solutions; industrial specialty products, such as personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles. The Transportation and Electronics segment provides ceramic solutions; attachment and bonding, films, sound, and temperature management for transportation vehicles; format graphic films for advertising and fleet signage; reflective signage for highway and vehicle safety; light management films and electronics assembly solutions; chip packaging and interconnection solutions; semiconductor production materials; and data center solutions. The Consumer segment offers cleaning products for the home; consumer air quality products; picture hanging accessories; retail abrasives, paint accessories, and safety products; stationery and office products; automotive appearance products; and consumer bandages, tapes, braces, and supports. It serves automotive; commercial solutions; consumer markets; design and construction; electronics; energy; government; manufacturing; safety; transportation industries. The company offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, channel partner, and dealers, as well as directly to users. 3M Company was founded in 1902 and is headquartered in Saint Paul, Minnesota.

### Why customers stay

Margins ranged from 39.6% to 43.5% during 2023–25; it earns 42% on its capital.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-03); FY2023: grossProfit / revenue = 43.5%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-03); FY2024: grossProfit / revenue = 41%.

- Source: https://www.sec.gov/Archives/edgar/data/66740/000006674026000014/mmm-20251231.htm (filed 2026-02-03); FY2025: grossProfit / revenue = 39.6%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-03); 10-year return on capital observations [[2016,0.4959717394991571],[2017,0.42972552607502285],[2018,0.5313582452875878],[2019,0.36218695039844245],[2020,0.4054511244445109],[2021,0.409495182369564],[2022,0.1725629764605718],[2023,-0.7678756255989777],[2024,1.1769322897834416],[2025,0.6577136925245975]]; median 0.4196103542222934. ROIC follows the displayed moat series; financial companies use return on tangible equity.

### Where the cash goes

Paid dividends in 10 of 10 years; bought back USD 4.8 billion of shares.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-03); FY2016: growth capex 0; upkeep 1420000000; owner earnings 5104000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-03); FY2017: growth capex 0; upkeep 1373000000; owner earnings 5029000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-03); FY2018: growth capex 89000000; upkeep 1488000000; owner earnings 5349000000. Growth capex / owner earnings = 0.016638624041876986.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-03); FY2019: growth capex 0; upkeep 1699000000; owner earnings 4464000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-03); FY2020: growth capex 0; upkeep 1501000000; owner earnings 5859000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-03); FY2021: growth capex 0; upkeep 1603000000; owner earnings 6233000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-03); FY2022: growth capex 0; upkeep 1749000000; owner earnings 5859000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-03); FY2024: growth capex 0; upkeep 1181000000; owner earnings 4216000000. Growth capex / owner earnings = 0.

- Source: https://www.sec.gov/Archives/edgar/data/66740/000006674026000014/mmm-20251231.htm (filed 2026-02-03); FY2025: growth capex 0; upkeep 910000000; owner earnings 3648000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-03); Dividend observations: [[2016,2678000000],[2017,2803000000],[2018,3193000000],[2019,3316000000],[2020,3388000000],[2021,3420000000],[2022,3369000000],[2023,3311000000],[2024,1982000000],[2025,1175000000]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://www.sec.gov/Archives/edgar/data/66740/000006674026000014/mmm-20251231.htm (filed 2026-02-03); FY2025: cash repurchases 4813000000 USD.

### Are managers owners

Insiders own 0.1% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); MMM.US SharesStats.PercentInsiders = 0.098 percentage points; cache date 2026-10-16.

### What the price says

The price assumes cash profits grow 6.3% yearly over ten years; actual growth was 0.7%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-03); Ten-year compound average after fade. Initial solved rate 0.07723342053856397. Price 165.33; FX 1; discount 0.1; same standard ten-year fade to terminal 0.03. FY2015 owner earnings/share 6.307644019508427 → FY2025 6.73933123960835. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2016-11: $143.60 per share

- 2016-12: $149.31 per share

- 2017-01: $146.17 per share

- 2017-02: $155.81 per share

- 2017-03: $159.97 per share

- 2017-04: $163.74 per share

- 2017-05: $170.96 per share

- 2017-06: $174.07 per share

- 2017-07: $168.20 per share

- 2017-08: $170.84 per share

- 2017-09: $175.50 per share

- 2017-10: $192.47 per share

- 2017-11: $203.29 per share

- 2017-12: $196.80 per share

- 2018-01: $209.45 per share

- 2018-02: $196.91 per share

- 2018-03: $183.55 per share

- 2018-04: $162.53 per share

- 2018-05: $164.91 per share

- 2018-06: $164.48 per share

- 2018-07: $177.53 per share

- 2018-08: $176.35 per share

- 2018-09: $176.18 per share

- 2018-10: $159.08 per share

- 2018-11: $173.85 per share

- 2018-12: $159.31 per share

- 2019-01: $167.47 per share

- 2019-02: $173.40 per share

- 2019-03: $173.73 per share

- 2019-04: $158.45 per share

- 2019-05: $133.57 per share

- 2019-06: $144.93 per share

- 2019-07: $146.09 per share

- 2019-08: $135.22 per share

- 2019-09: $137.46 per share

- 2019-10: $137.95 per share

- 2019-11: $141.95 per share

- 2019-12: $147.51 per share

- 2020-01: $132.66 per share

- 2020-02: $124.78 per share

- 2020-03: $114.14 per share

- 2020-04: $127.02 per share

- 2020-05: $130.80 per share

- 2020-06: $130.43 per share

- 2020-07: $125.81 per share

- 2020-08: $136.30 per share

- 2020-09: $133.93 per share

- 2020-10: $133.75 per share

- 2020-11: $144.42 per share

- 2020-12: $146.15 per share

- 2021-01: $146.87 per share

- 2021-02: $146.37 per share

- 2021-03: $161.10 per share

- 2021-04: $164.83 per share

- 2021-05: $169.77 per share

- 2021-06: $166.08 per share

- 2021-07: $165.50 per share

- 2021-08: $162.83 per share

- 2021-09: $146.67 per share

- 2021-10: $149.40 per share

- 2021-11: $142.17 per share

- 2021-12: $148.52 per share

- 2022-01: $138.81 per share

- 2022-02: $124.29 per share

- 2022-03: $124.48 per share

- 2022-04: $120.59 per share

- 2022-05: $124.82 per share

- 2022-06: $108.20 per share

- 2022-07: $119.77 per share

- 2022-08: $103.97 per share

- 2022-09: $92.39 per share

- 2022-10: $105.18 per share

- 2022-11: $105.33 per share

- 2022-12: $100.27 per share

- 2023-01: $96.22 per share

- 2023-02: $90.08 per share

- 2023-03: $87.88 per share

- 2023-04: $88.81 per share

- 2023-05: $78.02 per share

- 2023-06: $83.69 per share

- 2023-07: $93.23 per share

- 2023-08: $89.19 per share

- 2023-09: $78.28 per share

- 2023-10: $76.05 per share

- 2023-11: $82.83 per share

- 2023-12: $91.40 per share

- 2024-01: $78.89 per share

- 2024-02: $77.02 per share

- 2024-03: $88.69 per share

- 2024-04: $96.51 per share

- 2024-05: $100.14 per share

- 2024-06: $102.19 per share

- 2024-07: $127.55 per share

- 2024-08: $134.69 per share

- 2024-09: $136.70 per share

- 2024-10: $128.47 per share

- 2024-11: $133.53 per share

- 2024-12: $129.09 per share

- 2025-01: $152.20 per share

- 2025-02: $155.12 per share

- 2025-03: $146.86 per share

- 2025-04: $138.91 per share

- 2025-05: $148.35 per share

- 2025-06: $152.24 per share

- 2025-07: $149.22 per share

- 2025-08: $155.53 per share

- 2025-09: $155.18 per share

- 2025-10: $166.50 per share

- 2025-11: $172.05 per share

- 2025-12: $160.10 per share

- 2026-01: $153.16 per share

- 2026-02: $165.32 per share

- 2026-03: $145.23 per share

- 2026-04: $146.52 per share

- 2026-05: $153.13 per share

- 2026-06: $161.91 per share

- 2026-07: $176.28 per share

- 2026-08: $171.83 per share

- 2026-09: $164.15 per share

- 2026-10: $162.77 per share

## Annual estimated value (USD per share)

- FY2016: low $75.06 per share, central $85.17 per share, high $98.63 per share

- FY2017: low $82.98 per share, central $93.92 per share, high $108.49 per share

- FY2018: low $97.04 per share, central $124.85 per share, high $145.46 per share

- FY2019: low $96.01 per share, central $122.65 per share, high $143.00 per share

- FY2020: low $102.94 per share, central $130.50 per share, high $151.55 per share

- FY2021: low $111.55 per share, central $141.93 per share, high $165.01 per share

- FY2022: low $118.48 per share, central $134.04 per share, high $154.74 per share

- FY2023: low $119.65 per share, central $134.87 per share, high $155.13 per share

- FY2024: low $96.52 per share, central $108.02 per share, high $123.33 per share

- FY2025: low $96.27 per share, central $108.16 per share, high $123.98 per share

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/66740/000006674026000014/mmm-20251231.htm); period 2025-12-31, filed 2026-02-03.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.

## Reported holder observations

- [David Hoeft](https://gigainvestors.com/DAC): 7,558 MMM shares; USD 1,224,000 reported position value; 0% of portfolio; reduce; quarter 2026 Q2.
- [Allen Bond](https://gigainvestors.com/JIM): 27,618 MMM shares; USD 4,472,000 reported position value; 0.11% of portfolio; reduce; quarter 2026 Q2.
- [Andrew Adams](https://gigainvestors.com/MPF): 349,350 MMM shares; USD 56,563,000 reported position value; 0.52% of portfolio; reduce; quarter 2026 Q2.
- [Robert Torray](https://gigainvestors.com/T): 2,000 MMM shares; USD 324,000 reported position value; 0.05% of portfolio; hold; quarter 2026 Q2.

# MMM — 3M Co.

Held by 4 investors · USD 62,583,000 total · 2026 Q2 · reported price USD 161.95 (split-adjusted).
Page: https://gigainvestors.com/s/MMM

## Holders (2026 Q2)

| Investor | Value | % of their portfolio | This quarter |
|---|---:|---:|---|
| Andrew Adams (https://gigainvestors.com/MPF) | USD 56,563,000 | 0.5% | reduce -0.71% |
| Allen Bond (https://gigainvestors.com/JIM) | USD 4,472,000 | 0.1% | reduce -0.04% |
| David Hoeft (https://gigainvestors.com/DAC) | USD 1,224,000 | 0.0% | reduce -1.54% |
| Robert Torray (https://gigainvestors.com/T) | USD 324,000 | 0.1% | hold |

## Total held by quarter

- 2007 Q1: USD 772,044 · 1 holder · USD 76.44
- 2007 Q2: USD 5,242,116 · 1 holder · USD 86.79
- 2007 Q3: USD 6,578,674 · 1 holder · USD 93.58
- 2007 Q4: USD 5,926,993 · 1 holder · USD 84.31
- 2008 Q1: USD 5,651,310 · 1 holder · USD 79.15
- 2008 Q2: USD 4,968,012 · 1 holder · USD 69.58
- 2008 Q3: USD 4,878,048 · 1 holder · USD 68.32
- 2008 Q4: USD 4,108,356 · 1 holder · USD 57.54
- 2009 Q1: USD 3,564,924 · 1 holder · USD 49.72
- 2009 Q2: USD 4,892,140 · 1 holder · USD 60.10
- 2009 Q3: USD 6,376,320 · 1 holder · USD 73.80
- 2009 Q4: USD 7,142,688 · 1 holder · USD 82.67
- 2010 Q1: USD 10,412,822 · 1 holder · USD 83.57
- 2010 Q2: USD 10,584,660 · 1 holder · USD 78.99
- 2010 Q3: USD 12,971,816 · 1 holder · USD 86.71
- 2010 Q4: USD 13,359,240 · 1 holder · USD 86.30
- 2011 Q1: USD 14,754,300 · 1 holder · USD 93.50
- 2011 Q2: USD 14,967,330 · 1 holder · USD 94.85
- 2011 Q3: USD 11,328,462 · 1 holder · USD 71.79
- 2011 Q4: USD 15,291,683 · 1 holder · USD 81.73
- 2012 Q1: USD 18,180,998 · 1 holder · USD 89.21
- 2012 Q2: USD 18,215,680 · 1 holder · USD 89.60
- 2012 Q3: USD 18,770,502 · 1 holder · USD 92.42
- 2012 Q4: USD 18,825,338 · 1 holder · USD 92.85
- 2013 Q1: USD 21,878,598 · 1 holder · USD 106.31
- 2013 Q2: USD 22,504,230 · 1 holder · USD 109.35
- 2013 Q3: USD 24,562,637 · 1 holder · USD 119.41
- 2013 Q4: USD 28,849,425 · 1 holder · USD 140.25
- 2014 Q1: USD 27,674,640 · 1 holder · USD 135.66
- 2014 Q2: USD 29,220,960 · 1 holder · USD 143.24
- 2014 Q3: USD 28,902,720 · 1 holder · USD 141.68
- 2014 Q4: USD 33,521,280 · 1 holder · USD 164.32
- 2015 Q1: USD 33,649,800 · 1 holder · USD 164.95
- 2015 Q2: USD 31,477,200 · 1 holder · USD 154.30
- 2015 Q3: USD 28,921,080 · 1 holder · USD 141.77
- 2015 Q4: USD 30,730,560 · 1 holder · USD 150.64
- 2016 Q1: USD 33,992,520 · 1 holder · USD 166.63
- 2016 Q2: USD 35,724,480 · 1 holder · USD 175.12
- 2016 Q3: USD 35,950,920 · 1 holder · USD 176.23
- 2016 Q4: USD 36,428,280 · 1 holder · USD 178.57
- 2017 Q1: USD 39,031,320 · 1 holder · USD 191.33
- 2017 Q2: USD 42,470,760 · 1 holder · USD 208.19
- 2017 Q3: USD 42,819,600 · 1 holder · USD 209.90
- 2017 Q4: USD 48,015,480 · 1 holder · USD 235.37
- 2018 Q1: USD 44,782,080 · 1 holder · USD 219.52
- 2018 Q2: USD 708,619,276 · 2 holders · USD 196.72
- 2018 Q3: USD 1,136,386,001 · 3 holders · USD 210.71
- 2018 Q4: USD 1,096,435,518 · 3 holders · USD 190.54
- 2019 Q1: USD 1,194,659,245 · 4 holders · USD 207.78
- 2019 Q2: USD 1,050,330,136 · 4 holders · USD 173.34
- 2019 Q3: USD 503,931,539 · 3 holders · USD 164.40
- 2019 Q4: USD 587,730,851 · 3 holders · USD 176.42
- 2020 Q1: USD 503,984,095 · 4 holders · USD 136.51
- 2020 Q2: USD 575,436,503 · 4 holders · USD 156.00
- 2020 Q3: USD 591,641,851 · 4 holders · USD 160.18
- 2020 Q4: USD 647,953,587 · 4 holders · USD 174.79
- 2021 Q1: USD 725,775,688 · 4 holders · USD 192.71
- 2021 Q2: USD 742,643,514 · 4 holders · USD 198.63
- 2021 Q3: USD 619,323,145 · 4 holders · USD 175.43
- 2021 Q4: USD 622,924,710 · 3 holders · USD 177.63
- 2022 Q1: USD 528,156,811 · 3 holders · USD 148.88
- 2022 Q2: USD 362,317,417 · 3 holders · USD 129.41
- 2022 Q3: USD 180,468,647 · 3 holders · USD 110.51
- 2022 Q4: USD 44,944,840 · 3 holders · USD 119.92
- 2023 Q1: USD 37,627,830 · 3 holders · USD 105.11
- 2023 Q2: USD 34,541,346 · 3 holders · USD 100.08
- 2023 Q3: USD 32,291,083 · 3 holders · USD 93.63
- 2023 Q4: USD 35,742,882 · 3 holders · USD 109.32
- 2024 Q1: USD 59,490,292 · 6 holders · USD 106.07
- 2024 Q2: USD 224,495,071 · 7 holders · USD 102.19
- 2024 Q3: USD 189,034,472 · 6 holders · USD 136.70
- 2024 Q4: USD 68,849,604 · 5 holders · USD 129.09
- 2025 Q1: USD 77,968,976 · 5 holders · USD 146.88
- 2025 Q2: USD 76,357,858 · 5 holders · USD 152.23
- 2025 Q3: USD 59,587,689 · 4 holders · USD 155.18
- 2025 Q4: USD 61,902,305 · 4 holders · USD 160.10
- 2026 Q1: USD 56,517,013 · 4 holders · USD 145.25
- 2026 Q2: USD 62,583,000 · 4 holders · USD 161.95