3M Co (MMM) stock

MMMNYSESurgical & Medical Instruments & ApparatusFiscal year ends December 31

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 20, 2026Score 13/3041% above fair value

$174.34−3.02 (-1.70%)

Close on Oct 30, 2026Market cap $89.91BP/E 31.0Yield 1.67%

Earnings

3M's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report

Jan 19, 2027

Q4 FY2026 · estimated, before the open

Revenue, Q3 FY2026

$6.60B

+1.5% on a year earlier

Adjusted EPS, Q3 FY2026

$2.50

$2.19 a year earlier

Latest guidance

Issued

Oct 20, 2026 · 9 items

Quarterly results

Revenue and earnings per share from each of 3M's earnings releases, newest first

Quarter	Reported	Revenue	YoY	EPS	Adj. EPS	Source
Q4 FY2026ended Dec 31, 2026	Jan 19, 2027Expected	–	–	–	–	–
Q3 FY2026ended Sep 30, 2026	Oct 20, 2026before the open	$6.60B	+1.5%	$2.63	$2.50	Release
Q2 FY2026ended Jun 30, 2026	Jul 21, 2026before the open	$6.50B	+3.2%	$1.78	$2.40	Release
Q1 FY2026ended Mar 31, 2026	Apr 21, 2026before the open	$6.00B	0.0%	$1.23	$2.14	Release
Q4 FY2025ended Dec 31, 2025	Jan 20, 2026before the open	$6.10B	+1.7%	$1.07	$1.83	Release
Q3 FY2025ended Sep 30, 2025	Oct 21, 2025before the open	$6.50B	+3.2%	$1.55	$2.19	Release
Q2 FY2025ended Jun 30, 2025	Jul 18, 2025before the open	$6.30B	0.0%	$1.34	$2.16	Release
Q1 FY2025ended Mar 31, 2025	Apr 22, 2025before the open	$6.00B	-25.0%	$2.04	$1.88	Release
Q4 FY2024ended Dec 31, 2024	Jan 21, 2025before the open	$6.00B	-25.0%	$1.33	$1.68	Release
Q3 FY2024ended Sep 30, 2024	Oct 22, 2024before the open	$6.30B	-24.1%	$2.48	$1.98	Release
Q2 FY2024ended Jun 30, 2024	Jul 26, 2024before the open	$6.30B	-24.1%	$2.17	$1.93	Release
Q1 FY2024ended Mar 31, 2024	Apr 30, 2024before the open	$8.00B	0.0%	$1.67	$2.39	Release
Q4 FY2023ended Dec 31, 2023	Jan 23, 2024before the open	$8.00B	-1.2%	$1.70	$2.42	Release
Q3 FY2023ended Sep 30, 2023	Oct 24, 2023before the open	$8.30B	-3.5%	-$3.74	$2.68	Release
Q2 FY2023ended Jun 30, 2023	Jul 25, 2023before the open	$8.30B	-4.6%	-$12.35	$2.17	Release
Q1 FY2023ended Mar 31, 2023	Apr 25, 2023before the open	$8.00B	-9.1%	$1.76	$1.97	Release
Q4 FY2022ended Dec 31, 2022	Jan 24, 2023before the open	$8.10B	-5.8%	$0.98	$2.28	Release
Q3 FY2022ended Sep 30, 2022	Oct 25, 2022before the open	$8.60B	-3.4%	$6.77	$2.69	Release
Q2 FY2022ended Jun 30, 2022	Jul 26, 2022before the open	$8.70B	–	$0.14	$2.48	Release
Q1 FY2022ended Mar 31, 2022	Apr 26, 2022before the open	$8.80B	–	$2.26	$2.65	Release
Q4 FY2021ended Dec 31, 2021	Jan 25, 2022before the open	$8.60B	–	$2.31	$2.31	Release
Q3 FY2021ended Sep 30, 2021	Oct 26, 2021before the open	$8.90B	–	$2.45	$2.45	Release
Q2 FY2021ended Jun 30, 2021	Jul 27, 2021before the open	–	–	–	–	Filing
Q1 FY2021ended Mar 31, 2021	Apr 27, 2021before the open	–	–	–	–	Filing
Q4 FY2020ended Dec 31, 2020	Jan 26, 2021before the open	–	–	–	–	Filing
Q3 FY2020ended Sep 30, 2020	Oct 27, 2020before the open	–	–	–	–	Filing

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

3M's latest outlook for periods it has not reported yet, compared with what it said before

Metric	Period	Guidance	Before	Change	Given
Adjusted total sales growthnon-GAAP	FY2026	+4.5%	–	New	Oct 20, 2026
Adjusted total sales growthnon-GAAP	FY2026	+4.5%	+4%	Raised	Jul 21, 2026
adjusted organic sales growthnon-GAAP	FY2026	+3.5%	–	New	Oct 20, 2026
adjusted organic sales growthnon-GAAP	FY2026	+3%	–	New	Jan 20, 2026
2026 adjusted operating income margin expansionnon-GAAP	FY2026	24.6%	–	New	Oct 20, 2026
Adjusted operating income margin expansionnon-GAAP	FY2026	70 – 80	–	New	Jul 21, 2026
Adjusted EPSnon-GAAP	FY2026	$9.10 – $9.15	–	New	Oct 20, 2026
Adjusted EPSnon-GAAP	FY2026	$8.80 – $8.95	$8.50 – $8.70	Raised	Jul 21, 2026
adjusted free cash flownon-GAAP	FY2026	$4.80B	–	New	Oct 20, 2026
Adjusted free cash flownon-GAAP	FY2026	$4.70B – $4.90B	$4.60B – $4.80B	Raised	Jul 21, 2026
Purchase of property, plant and equipment (PPE)GAAP	FY2026	$1.10B	–	New	Oct 20, 2026
Purchase of property, plant and equipment (PPE)GAAP	FY2026	$1.10B	–	New	Jul 21, 2026
Purchase of property, plant and equipment (PPE)	FY2026	$1.10B	–	New	Apr 21, 2026
Purchase of property, plant and equipment (PPE)non-GAAP	FY2026	$1.10B	–	New	Jan 20, 2026
2026 adjusted effective tax ratenon-GAAP	FY2026	20%	–	New	Oct 20, 2026
2026 adjusted effective tax ratenon-GAAP	FY2026	20%	20%	Lowered	Jul 21, 2026
adjusted free cash flow conversionnon-GAAP	FY2026	100%	–	Raised	Jul 21, 2026
Adjusted net income attributable to 3Mnon-GAAP	FY2026	$4.60B – $4.70B	–	Lowered	Jul 21, 2026
Adjusted operating cash flownon-GAAP	FY2026	$5.90B	–	New	Oct 20, 2026
Adjusted operating cash flownon-GAAP	FY2026	$5.80B – $6.00B	$5.60B – $5.80B	Raised	Jul 21, 2026
adjusted organic sales growthnon-GAAP	FY2026	+3.5%	–	New	Jul 21, 2026
Net cash provided by (used in) operating activitiesGAAP	FY2026	$5.90B	–	New	Oct 20, 2026
Net cash provided by (used in) operating activitiesGAAP	FY2026	$5.80B – $6.00B	$5.60B – $5.80B	Raised	Jul 21, 2026
Net income attributable to 3MGAAP	FY2026	$4.60B – $4.70B	–	Lowered	Jul 21, 2026
Net income attributable to 3Mnon-GAAP	FY2026	$4.60B – $4.70B	–	Lowered	Jan 20, 2026

Guidance vs results

The last range 3M gave before each report, against the figure it then reported. Full years add up the four quarters.

Period	Metric	Guidance	Actual	Result
FY2025	Adjusted EPS	$7.95 – $8.05	$8.06Σ4Q	Above range
FY2025	Revenue growth	+2.5%	-6.39%Σ4Q	Below range

Guidance history

Every forecast 3M put in an earnings release, newest first

Given	Metric	Period	Guidance	Change
Oct 20, 2026	Purchase of property, plant and equipment (PPE)	FY2026	$1.10B	New
Oct 20, 2026	adjusted organic sales growth	FY2026	+3.5%	New
Oct 20, 2026	Adjusted EPS	FY2026	$9.10 – $9.15	New
Oct 20, 2026	adjusted free cash flow	FY2026	$4.80B	New
Oct 20, 2026	2026 adjusted operating income margin expansion	FY2026	24.6%	New
Oct 20, 2026	Net cash provided by (used in) operating activities	FY2026	$5.90B	New
Oct 20, 2026	2026 adjusted effective tax rate	FY2026	20%	New
Oct 20, 2026	Adjusted operating cash flow	FY2026	$5.90B	New
Oct 20, 2026	Adjusted total sales growth	FY2026	+4.5%	New
Jul 21, 2026	Purchase of property, plant and equipment (PPE)	FY2026	$1.10B	New
Jul 21, 2026	Adjusted EPS	FY2026	$8.80 – $8.95	Raised
Jul 21, 2026	Adjusted free cash flow	FY2026	$4.70B – $4.90B	Raised
Jul 21, 2026	Adjusted operating income margin expansion	FY2026	70 – 80	New
Jul 21, 2026	Adjusted operating cash flow	FY2026	$5.80B – $6.00B	Raised
Jul 21, 2026	adjusted free cash flow conversion	FY2026	100%	Raised
Jul 21, 2026	2026 adjusted effective tax rate	FY2026	20%	Lowered
Jul 21, 2026	adjusted organic sales growth	FY2026	+3.5%	New
Jul 21, 2026	Net cash provided by (used in) operating activities	FY2026	$5.80B – $6.00B	Raised
Jul 21, 2026	Net income attributable to 3M	FY2026	$4.60B – $4.70B	Lowered
Jul 21, 2026	Adjusted net income attributable to 3M	FY2026	$4.60B – $4.70B	Lowered
Jul 21, 2026	Adjusted total sales growth	FY2026	+4.5%	Raised
Apr 21, 2026	Purchase of property, plant and equipment (PPE)	FY2026	$1.10B	New
Apr 21, 2026	Adjusted EPS	FY2026	$8.50 – $8.70	Reaffirmed
Apr 21, 2026	Adjusted free cash flow	FY2026	$4.60B – $4.80B	Reaffirmed
Apr 21, 2026	adjusted effective tax rate	FY2026	20%	Reaffirmed
Apr 21, 2026	Net cash provided by (used in) operating activities	FY2026	$5.60B – $5.80B	New
Apr 21, 2026	Adjusted operating cash flow	FY2026	$5.60B – $5.80B	Raised
Apr 21, 2026	Adjusted total sales growth	FY2026	+4%	Reaffirmed
Jan 20, 2026	Purchase of property, plant and equipment (PPE)	FY2026	$1.10B	New
Jan 20, 2026	adjusted organic sales growth	FY2026	+3%	New
Jan 20, 2026	Adjusted EPS	FY2026	$8.50 – $8.70	New
Jan 20, 2026	Adjusted free cash flow	FY2026	$4.60B – $4.80B	New
Jan 20, 2026	adjusted effective tax rate	FY2026	20%	New
Jan 20, 2026	Adjusted operating cash flow	FY2026	$5.60B – $5.80B	New
Jan 20, 2026	Net income attributable to 3M	FY2026	$4.60B – $4.70B	Lowered
Jan 20, 2026	Adjusted total sales growth	FY2026	+4%	New
Oct 21, 2025	Purchase of property, plant and equipment (PPE)	FY2025	$900.00M	New
Oct 21, 2025	Adjusted purchases of PPE (non-GAAP measure)	FY2025	$900.00M	Reaffirmed
Oct 21, 2025	Adjusted EPS	FY2025	$7.95 – $8.05	Raised
Oct 21, 2025	Adjusted free cash flow (non-GAAP measure)	FY2025	$4.30B – $4.50B	Raised
Oct 21, 2025	adjusted free cash flow conversion	FY2025	100%	New
Oct 21, 2025	adjusted organic sales growth	FY2025	+2%	New
Oct 21, 2025	Net cash provided by (used in) operating activities	FY2025	$5.20B – $5.40B	Raised
Oct 21, 2025	Net income attributable to 3M	FY2025	$4.30B – $4.40B	Lowered
Oct 21, 2025	Adjusted operating cash flow	FY2025	$5.20B – $5.40B	Raised
Oct 21, 2025	Adjusted net income attributable to 3M (non-GAAP measure)	FY2025	$4.30B – $4.40B	Lowered
Oct 21, 2025	Adjusted total sales growth	FY2025	+2.5%	Reaffirmed
Jul 18, 2025	Adjusted purchases of PPE (non-GAAP measure)	FY2025	$900.00M	New
Jul 18, 2025	adjusted organic sales growth	FY2025	+2%	New
Jul 18, 2025	Adjusted EPS	FY2025	$7.75 – $8.00	New
Jul 18, 2025	Adjusted free cash flow	FY2025	$4.20B – $4.50B	New
Jul 18, 2025	Net cash provided by (used in) operating activities	FY2025	$5.10B – $5.50B	New
Jul 18, 2025	Net income attributable to 3M	FY2025	$4.20B – $4.30B	Lowered
Jul 18, 2025	Adjusted operating cash flow	FY2025	$5.10B – $5.50B	New
Jul 18, 2025	Adjusted net income attributable to 3M (non-GAAP measure)	FY2025	$4.20B – $4.30B	Lowered
Jul 18, 2025	Adjusted total sales growth	FY2025	+2.5%	New
Apr 22, 2025	Adjusted EPS	FY2025	$7.60 – $7.90	Reaffirmed
Jan 21, 2025	Adjusted purchases of PPE	FY2025	$1.00B	New
Jan 21, 2025	Adjusted EPS	FY2025	$7.60 – $7.90	New
Jan 21, 2025	Adjusted free cash flow	FY2025	$4.10B – $4.30B	New
Jan 21, 2025	adjusted free cash flow conversion	FY2025	100%	New
Jan 21, 2025	adjusted effective tax rate	FY2025	20%	Lowered
Jan 21, 2025	Adjusted operating cash flow	FY2025	$5.20B – $5.30B	New
Jan 21, 2025	Adjusted total sales growth	FY2025	+0.5% – +1.5%	New
Jan 21, 2025	adjusted organic sales growth	FY2025	+2% – +3%	Raised
Oct 22, 2024	Adjusted EPS	FY2024	$7.20 – $7.30	Raised
Jul 26, 2024	adjusted EPS from continuing operations	FY2024	$7.00 – $7.30	Raised
Jul 26, 2024	adjusted effective tax rate	FY2024	19% – 20%	Reaffirmed
Jul 26, 2024	Adjusted total sales growth	FY2024	-0.25% – +1.75%	Reaffirmed
Apr 30, 2024	Adjusted earnings per share	FY2024	$6.80 – $7.30	Lowered
Apr 30, 2024	2024 adjusted effective tax rate	FY2024	19% – 20%	New
Apr 30, 2024	2024 adjusted other expense (income), net	FY2024	$75.00M – $100.00M	Lowered
Apr 30, 2024	Adjusted total sales growth	FY2024	-0.25% – +1.75%	Lowered
Jan 23, 2024	Adjusted EPS	FY2024	$9.35 – $9.75	New
Jan 23, 2024	adjusted free cash flow conversion	FY2024	95% – 105%	New
Jan 23, 2024	Adjusted operating cash flow	FY2024	$6.50B – $7.10B	New
Jan 23, 2024	Adjusted total sales growth	FY2024	+0.25% – +2.25%	New
Oct 24, 2023	adjusted EPS	FY2023	$8.95 – $9.15	Raised
Oct 24, 2023	Adjusted full-year total sales growth	FY2023	-5%	Lowered
Jul 25, 2023	adjusted EPS	FY2023	$8.60 – $9.10	Raised
Jul 25, 2023	Adjusted total sales growth	FY2023	-5% – -1%	Raised
Apr 25, 2023	Purchase of property, plant and equipment (PPE)	FY2023	$1.50B – $1.80B	New
Apr 25, 2023	Adjusted purchases of PPE	FY2023	$1.30B – $1.60B	New
Apr 25, 2023	Adjusted earnings per share	FY2023	$8.50 – $9.00	Reaffirmed
Apr 25, 2023	Adjusted free cash flow	FY2023	$4.20B – $5.00B	New
Apr 25, 2023	adjusted free cash flow conversion	FY2023	90% – 100%	Reaffirmed
Apr 25, 2023	2023 adjusted effective tax rate	FY2023	18% – 19%	Lowered
Apr 25, 2023	Adjusted operating cash flow	FY2023	$5.80B – $6.30B	Reaffirmed
Apr 25, 2023	adjusted total sales growth	FY2023	-6% – -2%	Reaffirmed
Jan 24, 2023	Adjusted earnings per share	FY2023	$8.50 – $9.00	New
Jan 24, 2023	pre-tax restructuring charge	Q1 FY2023	$75.00M – $100.00M	New
Jan 24, 2023	adjusted free cash flow conversion	FY2023	90% – 100%	New
Jan 24, 2023	Adjusted operating cash flow	FY2023	$5.80B – $6.30B	New
Jan 24, 2023	adjusted total sales growth	FY2023	-6% – -2%	New
Oct 25, 2022	Purchase of property, plant and equipment	FY2022	$1.75B – $1.85B	New
Oct 25, 2022	Adjusted earnings per share	FY2022	$10.10 – $10.35	Lowered
Oct 25, 2022	Adjusted free cash flow	FY2022	$4.90B – $5.60B	New
Oct 25, 2022	adjusted free cash flow conversion	FY2022	85% – 95%	Lowered
Oct 25, 2022	Acquisition and divestiture sales growth	FY2022	-0.5%	New
Oct 25, 2022	Foreign currency translation impact on sales	FY2022	-4.5%	Lowered
Oct 25, 2022	Operating cash flow	FY2022	$6.80B – $7.40B	Raised
Oct 25, 2022	Net income attributable to 3M	FY2022	$5.80B – $5.90B	Lowered
Oct 25, 2022	Organic sales growth	FY2022	+1.5% – +2%	Lowered
Jul 26, 2022	Adjusted earnings per share	FY2022	$10.30 – $10.80	Lowered
Jul 26, 2022	GAAP earnings per share	FY2022	$7.32 – $7.82	Lowered
Jul 26, 2022	Foreign currency translation	FY2022	-4%	New
Jul 26, 2022	adjusted free cash flow conversion	FY2022	90% – 100%	New
Jul 26, 2022	Operating cash flow	FY2022	$6.60B – $7.20B	New
Jul 26, 2022	Total sales growth	FY2022	-2.5% – -0.5%	New
Jul 26, 2022	Organic sales growth	FY2022	+1.5% – +3.5%	New
Apr 26, 2022	adjusted earnings	FY2022	$10.75 – $11.25	New
Apr 26, 2022	GAAP earnings per share	FY2022	$9.89 – $10.39	New
Oct 26, 2021	Purchases of property, plant and equipment	FY2021	$1.50B – $1.60B	New
Oct 26, 2021	Earnings per share	FY2021	$9.70 – $9.90	New
Oct 26, 2021	Free cash flow	FY2021	$5.10B – $5.80B	New
Oct 26, 2021	Net cash provided by (used in) operating activities	FY2021	$6.70B – $7.30B	New
Oct 26, 2021	free cash flow conversion	FY2021	90% – 100%	New
Oct 26, 2021	Net income attributable to 3M	FY2021	$5.70B – $5.80B	Lowered
Oct 26, 2021	Organic local-currency sales growth	FY2021	+8% – +9%	New
Oct 26, 2021	Total sales growth	FY2021	+9% – +10%	New

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.