3M Company (MMM) Financials

MMM

Compare Earnings: May 31, 2026

3M Company

Exchange: NYSESector: IndustrialsIndustry: Conglomerates

3M Company (3M) is a diversified technology company. The Company operates in six segments: industrial and transportation; healthcare; consumer and office; safety, security and protection services; display and graphics, and electro and communications businesses. 3M products are sold through a number of distribution channels, including directly to users and through wholesalers, retailers, jobbers, distributors and dealers in a range of trades in a number of countries worldwide. In April 2012, it acquired CodeRyte Inc. In September 2012, it acquired the business of Federal Signal Technologies Group (FSTech) from Federal Signal Corporation. On November 28, 2012, the Company acquired Ceradyne, Inc.

Did you know?

Capital expenditures decreased by 27% from FY24 to FY25.

Current Price

$150.50

+0.89%

GoodMoat Value

$77.66

48.4% overvalued

Profile

Valuation (TTM)

Market Cap$79.95B

P/E24.60

EV$84.53B

P/B17.00

Shares Out531.23M

P/Sales3.20

Revenue$24.95B

EV/EBITDA15.58

GoodMoat Analysis

Based on data as of March 26, 2026

3M's financial quality is unfavourable for a value investor, with weak growth, low free cash flow yield, and a highly leveraged balance sheet. While ROE is high, it is driven by excessive debt rather than operational excellence. The company fails to meet key quality thresholds for a durable, high-return business.

Read full analysis

3M's financial profile presents significant concerns. Revenue growth of 2.0% YoY is minimal, indicating a lack of top-line momentum, and the 1.9% Free Cash Flow Yield is well below the framework's favourable threshold of >10-15% FCF margin (implied). This suggests weak cash generation relative to its market valuation. The balance sheet is a major weakness, with a Debt/Equity ratio of 2.68, far exceeding the framework's preference for low/zero debt (Debt/EBITDA < 1.0x). This high leverage inflates the Return on Equity (69.1%), making it an unreliable indicator of true business quality. The operating margin of 18.6% is respectable but must be viewed in the context of stagnant growth and high financial risk. The dividend yield of 1.99% is not a compensating factor given the underlying strain. Overall, 3M scores poorly on key Quality Indicators: growth is weak, free cash flow conversion is low, and the balance sheet is heavily leveraged. This aligns with the framework's guidance that such a profile is unfavourable, as the company lacks the financial strength and profitable growth trajectory sought in a high-quality enterprise.

MMM Financial Data

EBITDA$5.56B

Revenue (TTM)$24.95B

Gross Profit (TTM)$9.96B

Gross Margin—

Operating Margin18.55%

ROE69.12%

ROA8.61%

Debt/Equity2.68

Current Ratio1.71

FCF$1.49B

FCF Yield1.86%

Piotroski F-Score—

Rev/Share (TTM)$46.96

50-Day MA$155.98

200-Day MA$157.31

Shares Outstanding0.53B

MMM Computed Insights

FCF$1.49B

FCF Growth Rate-19.54%

EPS Growth (CAGR)-19.54%

WACC10.00%

Income Statement

Balance Sheet

Cash Flow Statement

MMM Financial Statements & Data

3M Company (MMM) financial data including income statement, balance sheet, and cash flow statement. This page provides a comprehensive view of 3M Company's financial performance and position as a Industrials company.

Trailing twelve-month (TTM) revenue is $24.95B. Gross profit (TTM) is $9.96B. EBITDA is $5.56B. Earnings per share (EPS) is $6.00. The P/E ratio is 24.60. Market capitalization is $79.95B.

Free cash flow (FCF) is $1.49B. FCF growth rate is -19.54%. EPS growth CAGR is -19.54%. Weighted average cost of capital (WACC) is 10.00%.

Historical revenue data covers 7 years from FY19 to FY25. Net income history spans 7 years. Free cash flow and capital expenditure data spans 7 years. GoodMoat displays interactive charts for revenue, net income, FCF vs CAPEX, and cash-to-debt ratios to help investors identify financial trends.

Use 3M Company's financial data to assess the company's earnings quality, balance sheet health, and cash generation. Compare key metrics across periods to identify trends before making investment decisions with GoodMoat's valuation tools.

3M Company (MMM) Financial Statements