3M Company logo

3M Company

MMM

NYSEIndustrialsConglomerates

Previous close

$178.96

+$0.87 · +0.49%

Aug 21, 4:00 PM ET

MMM company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

51

Fair Value

Momentum

39

Weakening

Sentiment

63

Bullish

Risk resilience

79

Moderate Risk

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Company profile

Company website

3M Company operates as a global technology conglomerate with diverse interests. Its extensive operations are strategically divided into four primary business segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. The Safety and Industrial division supplies a broad array of products, including specialized abrasives and finishing tools for metalworking, automotive body repair kits, fastening systems for personal hygiene items, various masking and packaging materials, electrical components for construction, maintenance, and power distribution, strong structural adhesives and tapes, comprehensive personal protective equipment for respiratory, auditory, visual, and fall protection, and mineral granules for roofing shingles. Within the Transportation and Electronics sector, offerings encompass advanced ceramic solutions, specialized attachment tapes and films, sophisticated sound and temperature management systems for vehicles, high-quality large-format graphic films for advertising and fleet branding, optical films, electronic assembly solutions, robust packaging and interconnection technologies, and reflective materials crucial for highway and vehicle safety. The Health Care segment provides essential solutions such as food safety indicators, software for medical procedure coding and reimbursement, a wide range of products for skin and wound care, infection prevention, dental and orthodontic supplies, and advanced filtration and purification systems. Finally, the Consumer unit delivers an assortment of household and personal products, including bandages, braces, support devices, and personal respirators; various home cleaning supplies; retail-grade abrasives, paint accessories, DIY car care products, picture hanging solutions, and consumer-focused air quality improvements; along with a selection of stationery items. The company distributes its extensive product portfolio through both online platforms and a comprehensive traditional network, leveraging wholesalers, retailers, jobbers, distributors, and authorized dealers. This enterprise was founded in 1902 and maintains its corporate headquarters in St. Paul, Minnesota.

Industry
Conglomerates
Sector
Industrials
Headquarters
US
CEO
William Brown
Listed since
Jan 14, 1946
Employees
60,500

Market position

Day range

Current $178.96

52-week range

Current $178.96

Open
$179.54
Previous close
$178.09
Volume
2.01M
0.53× average
Average volume
3.77M
Average daily volume
Market cap
92.29B USD
Beta
1.08
Market reference 1
50-day average
$169.12
+5.82% above average
200-day average
$160.51
+11.49% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
93.24B USD
P/E (TTM)
31.62×
P/B (TTM)
31.79×
P/S (TTM)
3.67×
EV / EBITDA
15.94×
Earnings yield
3.80%
Free cash flow yield
1.63%
Dividend yield
1.72%

Profitability & efficiency

Gross margin
39.40%
Operating margin
19.01%
Net margin
11.90%
Return on equity
69.12%
Return on assets
8.61%
Return on invested capital
11.53%

Financial health

Debt / equity
4.25×
Current ratio
1.71×
Altman Z-score
4.51
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends55%24%-6%-36%Gross margin, FY2021: 46.99%Gross margin, FY2022: 43.72%Gross margin, FY2023: 38.90%Gross margin, FY2024: 41.02%Gross margin, FY2025: 39.55%Operating margin, FY2021: 21.29%Operating margin, FY2022: 11.90%Operating margin, FY2023: 16.44%Operating margin, FY2024: 20.07%Operating margin, FY2025: 18.29%Net margin, FY2021: 16.75%Net margin, FY2022: 16.88%Net margin, FY2023: -28.42%Net margin, FY2024: 16.98%Net margin, FY2025: 13.03%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 46.99%. Gross margin FY2022 43.72%. Gross margin FY2023 38.90%. Gross margin FY2024 41.02%. Gross margin FY2025 39.55%. Operating margin FY2021 21.29%. Operating margin FY2022 11.90%. Operating margin FY2023 16.44%. Operating margin FY2024 20.07%. Operating margin FY2025 18.29%. Net margin FY2021 16.75%. Net margin FY2022 16.88%. Net margin FY2023 -28.42%. Net margin FY2024 16.98%. Net margin FY2025 13.03%.

Income trends

Revenue

24.95B USD+1.52%

Operating income

4.56B USD-7.46%

Net income

3.25B USD-22.12%
Income trends across reported periods39.59B USD22.65B USD5.71B USD−11.23B USDRevenue, FY2021: 35.36B USDRevenue, FY2022: 34.23B USDRevenue, FY2023: 24.61B USDRevenue, FY2024: 24.58B USDRevenue, FY2025: 24.95B USDOperating income, FY2021: 7.53B USDOperating income, FY2022: 4.07B USDOperating income, FY2023: 4.05B USDOperating income, FY2024: 4.93B USDOperating income, FY2025: 4.56B USDNet income, FY2021: 5.92B USDNet income, FY2022: 5.78B USDNet income, FY2023: −7B USDNet income, FY2024: 4.17B USDNet income, FY2025: 3.25B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 35.36B USD. Revenue FY2022 34.23B USD. Revenue FY2023 24.61B USD. Revenue FY2024 24.58B USD. Revenue FY2025 24.95B USD. Operating income FY2021 7.53B USD. Operating income FY2022 4.07B USD. Operating income FY2023 4.05B USD. Operating income FY2024 4.93B USD. Operating income FY2025 4.56B USD. Net income FY2021 5.92B USD. Net income FY2022 5.78B USD. Net income FY2023 −7B USD. Net income FY2024 4.17B USD. Net income FY2025 3.25B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue24.95B USD24.58B USD24.61B USD34.23B USD35.36B USD
Cost of goods sold15.08B USD14.5B USD15.04B USD19.26B USD18.74B USD
Gross profit9.87B USD10.08B USD9.57B USD14.97B USD16.61B USD
Research and development1.17B USD1.07B USD1.12B USD1.86B USD1.98B USD
Selling, general, and administrative3.98B USD4.08B USD4.4B USD9.04B USD7.11B USD
Operating expenses5.31B USD5.15B USD5.53B USD10.89B USD9.09B USD
Interest income175M USD452M USD250M USD67M USD26M USD
Interest expense720M USD1.18B USD932M USD498M USD457M USD
Depreciation and amortization878M USD1.22B USD1.43B USD1.83B USD1.92B USD
Operating income4.56B USD4.93B USD4.05B USD4.07B USD7.53B USD
Net income3.25B USD4.17B USD−7B USD5.78B USD5.92B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
11 beats, 0 misses, 0 met estimates
Average EPS surprise
+6.64%
11 comparable reports
Latest EPS result
2.4
Estimate 2.25 · Beat by 6.67%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates2.52.191.881.57Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 21, 2025: actual 1.68, estimate 1.67, surprise +0.60%, Beat. Q2 2025, reported Apr 22, 2025: actual 1.88, estimate 1.78, surprise +5.62%, Beat. Q3 2025, reported Jul 18, 2025: actual 2.16, estimate 2.01, surprise +7.46%, Beat. Q4 2025, reported Oct 21, 2025: actual 2.19, estimate 2.07, surprise +5.80%, Beat. Q1 2026, reported Jan 20, 2026: actual 1.83, estimate 1.8, surprise +1.67%, Beat. Q2 2026, reported Apr 21, 2026: actual 2.14, estimate 1.98, surprise +8.08%, Beat. Q3 2026, reported Jul 21, 2026: actual 2.4, estimate 2.25, surprise +6.67%, Beat. Q4 2026, reported Oct 20, 2026: actual —, estimate 2.4, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates6.88B6.42B5.96B5.5BQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 21, 2025: actual 6.01B USD, estimate 5.78B USD, surprise +3.92%, Beat. Q2 2025, reported Apr 22, 2025: actual 5.95B USD, estimate 5.76B USD, surprise +3.35%, Beat. Q3 2025, reported Jul 18, 2025: actual 6.34B USD, estimate 6.12B USD, surprise +3.69%, Beat. Q4 2025, reported Oct 21, 2025: actual 6.52B USD, estimate 6.25B USD, surprise +4.32%, Beat. Q1 2026, reported Jan 20, 2026: actual 6B USD, estimate 6B USD, surprise -0.07%, Miss. Q2 2026, reported Apr 21, 2026: actual 6B USD, estimate 6.01B USD, surprise -0.09%, Miss. Q3 2026, reported Jul 21, 2026: actual 6.5B USD, estimate 6.4B USD, surprise +1.59%, Beat. Q4 2026, reported Oct 20, 2026: actual —, estimate 6.61B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$185

3.38% upside
Past 12 months12-month forecastHigh $218Average $185Low $145

Rating distribution

33 ratings
Strong buy00%
Buy1648%
Hold1545%
Sell26%
Strong sell00%

Recent analyst actions

12 institutions
BernsteinmaintainUnderperform

MMM news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$2.92

2025 complete year-41.0% since 2021

2026 partial: $2.34

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Aug 24, 2026

$0.78

Quarterly

Record Aug 24, 2026 · Payment Sep 11, 2026

Dividend

Ex-dividend May 22, 2026

$0.78

Quarterly

Record May 22, 2026 · Payment Jun 12, 2026

Dividend

Ex-dividend Feb 13, 2026

$0.78

Quarterly

Record Feb 13, 2026 · Payment Mar 12, 2026

Dividend

Ex-dividend Nov 14, 2025

$0.73

Quarterly

Record Nov 14, 2025 · Payment Dec 12, 2025

Dividend

Ex-dividend Aug 25, 2025

$0.73

Quarterly

Record Aug 25, 2025 · Payment Sep 12, 2025

Dividend

Ex-dividend May 23, 2025

$0.73

Quarterly

Record May 23, 2025 · Payment Jun 12, 2025

MMM peers

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Funds reporting this stock among their holdings, ordered by reported position size.

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