MMMNYSESurgical & Medical Instruments & ApparatusFiscal year ends December 31

3M CO

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 20, 2026

$162.01−2.74 (-1.66%)

Close on Oct 19, 2026

Margins

Share of revenue, fiscal years 2011 to 2025

39.9%−8.5 pts over 5 years

18.6%−3.7 pts over 5 years

13.0%−3.9 pts over 5 years

Compound annual growth to fiscal 2025

Per year	1 year	3 years	5 years	10 years
Revenue	+1.5%	-1.6%	-5.0%	-1.9%
Gross profit	-1.7%	-1.1%	-8.6%	-3.9%
Operating income	-4.0%	+1.9%	-8.4%	-4.0%
Net income	-22.1%	-17.4%	-9.8%	-3.9%
EPS, diluted	-20.5%	-16.2%	-8.5%	-2.3%
Free cash flow	+118.8%	-28.6%	-26.7%	-11.9%
Dividend per share	-19.1%	-21.2%	-13.1%	-3.3%

10 fiscal years. Hover a measure to see how it is calculated.

Measure	FY2016	FY2020	FY2025
Return on equity	46.5%	47.5%	76.1%
Return on assets	15.4%	11.8%	8.4%
Current ratio	1.89	1.89	1.71
Debt to equity	1.13	1.46	2.68
Net debt to EBITDA	1.09×	1.56×	1.24×
Interest coverage	35.3×	13.5×	4.9×
Inventory turnover	4.4×	4.0×	4.1×
Capex to revenue	4.7%	4.7%	3.6%
Diluted shares	619M	582M	541M

Return on equity split into margin, efficiency and leverage

Net margin13.0%

Asset turnover0.64×

Equity multiplier9.08×

Return on equity, FY202576.1%

Fiscal year	Net margin	Asset turnover	Equity multiplier	Return on equity
FY2025	13.0%	0.64×	9.08×	76.1%
FY2024	17.0%	0.54×	10.46×	96.5%
FY2023	-28.4%	0.51×	4.97×	-71.6%
FY2022	22.1%	0.56×	3.14×	38.8%
FY2021	16.7%	0.75×	3.38×	42.4%
FY2020	16.9%	0.70×	4.01×	47.5%
FY2019	14.1%	0.79×	4.09×	45.5%
FY2018	16.3%	0.88×	3.49×	50.1%
FY2017	15.3%	0.89×	3.24×	44.4%
FY2016	16.8%	0.92×	3.03×	46.5%

Trailing twelve months. Peers are matched on business description, industry and size. Ticks are peers, the dot is MMM.

Revenue growth2.3% · median 9.4%

Gross margin39.4% · median 50.8%

Operating margin18.4% · median 15.2%

Net margin11.9% · median 4.0%

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