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
- Market cap
- $84.63B
- P/E (TTM)
- 28.8
- Dividend yield
- 1.80%
3M statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Surgical & Medical Instruments & Apparatus companies for comparison
Valuation
| Measure | 3M | Industry median |
|---|---|---|
| Market Cap | $83.55B | $229.23M |
| Enterprise Value | $93.20B | $194.73M |
| PE Ratio | 28.78 | 33.41 |
| PS Ratio | 3.32 | 3.14 |
| PB Ratio | 28.30 | 3.19 |
| P/FCF Ratio | 20.97 | 27.25 |
| P/OCF Ratio | 17.05 | 22.23 |
Enterprise value
| Measure | 3M | Industry median |
|---|---|---|
| EV / Sales | 3.70 | 2.93 |
| EV / EBITDA | 15.50 | 19.97 |
| EV / EBIT | 20.16 | 25.47 |
| EV / FCF | 23.39 | 27.85 |
Income (trailing twelve months)
| Measure | 3M | Industry median |
|---|---|---|
| Revenue | $25.18B | $102.39M |
| Gross Profit | $9.92B | $60.36M |
| Operating Income | $4.62B | -$4.31M |
| Pretax Income | $3.90B | -$2.26M |
| Net Income | $3.00B | -$6.57M |
| EBITDA | $6.01B | -$1.98M |
| EPS (Diluted) | $5.63 | -$0.07 |
Margins
| Measure | 3M | Industry median |
|---|---|---|
| Gross Margin | 39.4% | 55.1% |
| Operating Margin | 18.4% | -6.04% |
| Pretax Margin | 15.5% | -4.11% |
| Profit Margin | 11.9% | -10.5% |
| EBITDA Margin | 23.9% | -2.67% |
| FCF Margin | 15.8% | -0.30% |
Returns
| Measure | 3M | Industry median |
|---|---|---|
| Return on Equity (ROE) | 82.8% | -19.2% |
| Return on Assets (ROA) | 8.22% | -13.3% |
| Return on Invested Capital (ROIC) | 27.1% | -4.11% |
| Return on Capital Employed (ROCE) | 19.6% | -9.07% |
Growth
| Measure | 3M | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 2.35% | 8.85% |
| Net Income Growth (YoY) | -23.9% | 10.6% |
| EPS Growth (YoY) | -21.7% | 10.6% |
| Revenue Growth (3Y CAGR) | -1.57% | 7.08% |
| Revenue Growth (5Y CAGR) | -4.97% | 11.8% |
| EPS Growth (3Y CAGR) | -16.2% | 3.06% |
| EPS Growth (5Y CAGR) | -8.51% | 7.64% |
Balance sheet
| Measure | 3M | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $2.96B | $37.33M |
| Total Debt | $12.55B | $72.66M |
| Net Cash (Debt) | -$9.60B | $3.92M |
| Net Cash Per Share | -$18.61 | $0.28 |
| Equity (Book Value) | $2.95B | $57.36M |
| Book Value Per Share | $5.72 | $2.81 |
| Tangible Book Value | -$4.48B | $10.71M |
| Working Capital | $2.73B | $54.64M |
Financial position
| Measure | 3M | Industry median |
|---|---|---|
| Current Ratio | 1.24 | 2.50 |
| Quick Ratio | 0.60 | 1.54 |
| Debt / Equity | 4.25 | 0.38 |
| Debt / EBITDA | 2.09 | 2.31 |
| Debt / FCF | 3.15 | 3.50 |
| Net Debt / EBITDA | 1.60 | 1.53 |
| Interest Coverage | 5.31 | -1.81 |
Cash flow (trailing twelve months)
| Measure | 3M | Industry median |
|---|---|---|
| Operating Cash Flow | $4.90B | -$653.46K |
| Capital Expenditures | -$914.00M | -$3.69M |
| Free Cash Flow | $3.99B | -$835.02K |
| FCF Per Share | $7.73 | -$0.02 |
Efficiency
| Measure | 3M | Industry median |
|---|---|---|
| Asset Turnover | 0.69 | 0.59 |
| Inventory Turnover | 3.89 | 2.21 |
| Revenue Per Employee | $416.20K | $322.75K |
| Profits Per Employee | $49.54K | -$52.11K |
| Employee Count | 60,500 | 197 |
Dividends and yields
| Measure | 3M | Industry median |
|---|---|---|
| Earnings Yield | 3.59% | -6.92% |
| FCF Yield | 4.77% | -0.62% |
| Dividend Yield | 1.80% | 0.81% |
| Buyback Yield | 4.81% | 0.78% |
| Shareholder Yield | 6.61% | 0.84% |
| Dividend Per Share | $2.92 | $0.72 |
| Dividend Growth (YoY) | -19.1% | 4.80% |
| Years of Dividend Growth | 0 | 0 |
| Payout Ratio | 53.0% | 30.3% |
| FCF Payout Ratio | 39.9% | 21.9% |
Shares
| Measure | 3M | Industry median |
|---|---|---|
| Shares Outstanding | 515,722,000 | 44,856,700 |
| Shares Change (YoY) | -2.51% | 3.35% |
| Shares Change (QoQ) | -1.12% | 0.27% |
| Float | 515,238,000 | 36,934,400 |
| Shares Held by Insiders | 0.09% | 10.6% |
| Shares Held by Institutions | 75.1% | 63.5% |
Taxes
| Measure | 3M | Industry median |
|---|---|---|
| Income Tax | $897.00M | $1.52M |
| Effective Tax Rate | 23.0% | 18.6% |
Scores
| Measure | 3M | Industry median |
|---|---|---|
| Graham Number | $26.93 | $34.37 |
| Graham Upside | -83.4% | -58.3% |
| Altman Z-Score | 4.37 | 1.95 |
| Piotroski F-Score | 5 | 5 |
| Beneish M-Score | -2.26 | -2.64 |
Calculated by StockData from 3M's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.