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    3M Company (MMM)

    Official site

    INDUSTRIALS • CONGLOMERATES • NYSE

    $165.30
    +0.84 (+0.51%)

    Market Cap: $84.82B

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    82%(32/39)
    Avg Surprise
    +6.15%
    Streak
    14 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$2.39
    Range$2.35 - $2.45
    14 analysts
    EPS RevisionsNo revisions (7d)
    7
    2
    30d
    EPS Estimate DriftChange to current
    90d ago$2.36+1.2%
    60d ago$2.39+0.0%
    30d ago$2.39-0.1%
    7d ago$2.39-0.1%
    Current$2.39
    Revenue Consensus
    $6.6B
    Range$6.6B - $6.7B
    12 analysts
    Period ending Dec 31, 2026
    EPS Consensus$2.32
    Range$2.22 - $2.42
    19 analysts
    Revenue Consensus
    $6.4B
    Range$6.3B - $6.5B
    15 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$2.32---
    Sep 26EST
    		-$2.39---
    Jun 26
    Reported Jul 21
    		$2.40$2.27+5.73%Beat+11.1%
    Mar 26
    Reported Apr 21
    		$2.14$1.98+8.08%Beat+13.8%
    Dec 25
    Reported Jan 20
    		$1.83$1.80+1.67%Beat+8.9%
    Sep 25
    Reported Oct 21
    		$2.19$2.07+5.80%Beat+10.6%
    Jun 25
    Reported Jul 18
    		$2.16$2.01+7.46%Beat+11.9%
    Mar 25
    Reported Apr 22
    		$1.88$1.77+6.21%Beat-21.3%
    Dec 24
    Reported Jan 21
    		$1.68$1.54+9.09%Beat-30.6%
    Sep 24
    Reported Oct 22
    		$1.98$1.90+4.21%Beat-26.1%
    Jun 24
    Reported Jul 26
    		$1.93$1.68+14.88%Beat-11.1%
    Mar 24
    Reported Apr 30
    		$2.39$2.11+13.27%Beat+21.3%
    Dec 23
    Reported Jan 23
    		$2.42$2.31+4.76%Beat+6.1%
    Sep 23
    Reported Oct 24
    		$2.68$2.35+14.04%Beat-0.4%
    Jun 23
    Reported Jul 25
    		$2.17$1.76+23.30%Beat-12.5%
    Mar 23
    Reported Apr 25
    		$1.97$1.60+23.13%Beat-25.7%
    Dec 22
    Reported Jan 24
    		$2.28$2.37-3.80%Miss-1.3%
    Sep 22
    Reported Oct 25
    		$2.69$2.59+3.86%Beat+9.8%
    Jun 22
    Reported Jul 26
    		$2.48$2.44+1.64%Beat-4.2%
    Mar 22
    Reported Apr 26
    		$2.65$2.32+14.22%Beat-4.3%
    Dec 21
    Reported Jan 25
    		$2.31$2.02+14.36%Beat-2.9%
    Sep 21
    Reported Oct 26
    		$2.45$2.21+10.86%Beat+0.8%
    Jun 21
    Reported Jul 27
    		$2.59$2.28+13.60%Beat+45.5%
    Mar 21
    Reported Apr 27
    		$2.77$2.29+20.96%Beat+28.2%
    Dec 20
    Reported Jan 26
    		$2.38$2.17+9.68%Beat+22.1%
    Sep 20
    Reported Oct 27
    		$2.43$2.27+7.05%Beat-5.8%
    Jun 20
    Reported Jul 28
    		$1.78$1.80-1.11%Miss-16.4%
    Mar 20
    Reported Apr 28
    		$2.16$2.01+7.46%Beat-3.1%
    Dec 19
    Reported Jan 28
    		$1.95$2.10-7.14%Miss-15.6%
    Sep 19
    Reported Oct 24
    		$2.58$2.50+3.20%Beat+0.0%
    Jun 19
    Reported Jul 25
    		$2.13$2.07+2.90%Beat-17.8%
    Mar 19
    Reported Apr 25
    		$2.23$2.50-10.80%Miss-10.8%
    Dec 18
    Reported Jan 29
    		$2.31$2.28+1.32%Beat+10.0%
    Sep 18
    Reported Oct 23
    		$2.58$2.70-4.44%Miss+10.7%
    Jun 18
    Reported Jul 24
    		$2.59$2.60-0.38%Miss+0.4%
    Mar 18
    Reported Apr 24
    		$2.50$2.48+0.81%Beat+15.7%
    Dec 17
    Reported Jan 25
    		$2.10$2.03+3.45%Beat+11.7%
    Sep 17
    Reported Oct 24
    		$2.33$2.21+5.43%Beat-
    Jun 17
    Reported Jul 25
    		$2.58$2.59-0.39%Miss-
    Mar 17
    Reported Apr 25
    		$2.16$2.06+4.85%Beat-
    Dec 16
    Reported Jan 24
    		$1.88$1.87+0.53%Beat-

    Dividends

    Dividend Metrics

    Forward Yield1.89%
    Forward Annual Dividend$3.12
    Payout Ratio32.57%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR-21.17%
    5Y CAGR-13.06%
    MMM dividend history and ex-dividend datesRun MMM in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio19.31EV/EBITDA16.96x
    Price/FCF21.56xFCF Yield4.64%
    Profitability
    Profit Margin11.90%Operating Margin20.30%
    ROE81.90%ROIC21.07%
    Financial Health
    Debt/Equity4.25xInterest CoverageN/A
    Current Ratio1.24xQuick Ratio0.91x
    Trading Statistics
    Beta1.06Avg Volume2.91M
    52-Week High$184.0952-Week Low$138.02

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$162.78
    SMA 20$165.02
    SMA 50$170.42
    SMA 200$159.85
    EMA 10$163.62
    EMA 20$164.67
    EMA 50$166.66
    EMA 200$161.56

    MACD

    Line: -1.61Signal: -1.91Hist: 0.30

    ADX

    ADX: 30.5+DI: 16.2-DI: 18.8

    Aroon & PSAR

    Aroon Up52.0
    Aroon Down88.0
    PSAR$159.21

    Bollinger Bands

    Upper Band$171.25
    Lower Band$158.80
    %B Position754%(Upper)
    Band Width0.52

    RSI (14-Day)

    Neutral
    49.6

    Momentum Oscillators

    Stoch %K42.2
    Stoch %D29.0
    Williams %R-48.2
    ROC (10d)1.4%
    Momentum2.28
    CCI (20d)17.2
    MFI (14d)33.1

    Volatility Measures

    ATR (14d)$3.34(2.0%)
    StdDev (20d)3.11
    Hist Vol20.1%(Moderate)

    Volume Flow

    VWAP$165.65
    OBV41.4M
    AD Line-862.3M
    CMF (20d)0.062

    Volume Metrics

    Avg Vol (20d)2.9M
    Vol Ratio1.2x
    VWMA (20d)$165.18

    Pivot Points

    R3$167.71
    R2$166.13
    R1$165.30
    Pivot Point$163.72
    S1$162.89
    S2$161.31
    S3$160.48

    Advanced Oscillators

    TSI-13.51
    Ultimate Osc54.2
    KST-39.94

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$6.50B$6.03B$6.13B$6.52B$6.34B$5.95B$6.01B$6.29B$6.25B$6.02B$4.03B$6.27B
    Cost of Revenue$3.82B$3.57B$4.08B$3.79B$3.65B$3.48B$3.74B$3.65B$3.57B$3.48B$2.93B$3.72B
    Gross Profit$2.68B$2.46B$2.06B$2.73B$2.70B$2.48B$2.27B$2.65B$2.68B$2.53B$1.10B$2.55B
    Operating Expenses$1.70B$1.06B$1.26B$1.28B$1.56B$1.23B$1.18B$1.33B$1.41B$1.38B$576.00M$5.65B
    R&D$302.00M$308.00M$299.00M$297.00M$288.00M$285.00M$282.00M$269.00M$280.00M$254.00M$117.00M$267.00M
    SG&A$1.06B$744.00M$965.00M$820.00M$1.27B$945.00M$899.00M$1.06B$1.13B$1.13B$459.00M$5.42B
    Operating Income$984.00M$1.40B$796.00M$1.45B$1.14B$1.25B$1.08B$1.32B$1.27B$1.15B$524.00M$-3,096,000,000
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$0$519.00M$38.00M$300.00M$217.00M$0$326.00M$0$0$220.00M$252.00M$206.00M
    Income Before Tax$1.12B$878.00M$758.00M$1.15B$923.00M$1.39B$759.00M$1.72B$1.41B$929.00M$272.00M$-3,302,000,000
    Income Tax Expense$183.00M$221.00M$185.00M$308.00M$245.00M$265.00M$33.00M$348.00M$203.00M$220.00M$-39,000,000$-777,000,000
    Net Income$938.00M$659.00M$574.00M$841.00M$725.00M$1.12B$728.00M$1.38B$1.15B$933.00M$947.00M$-2,071,000,000
    EBITDA$1.46B$1.20B$1.23B$1.75B$1.43B$1.68B$1.41B$1.63B$1.57B$1.58B$1.06B$-2,561,000,000
    EBIT$1.12B$878.00M$796.00M$1.45B$1.14B$1.39B$1.08B$1.32B$1.27B$1.15B$524.00M$-3,096,000,000
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $45.07M
    Gov Obligations / Revenue
    0.2%
    Obligations YoY
    -61.0%
    Active Awards
    3,470
    New Awards (TTM)
    3,422
    Avg Remaining Term
    7.6 mo

    Top agency: Department of Defense at 68.3% of trailing twelve month obligations across 7 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    36C10B26C0017Department of Veterans AffairsDepartment of Veterans Affairs$12.05MDec 19, 2025
    SPE4AX26F1411Department of DefenseDefense Logistics Agency$2.19MOct 21, 2025
    75FCMC26C0022Department of Health and Human ServicesCenters for Medicare and Medicaid Services$2.18MSep 1, 2026
    SPE4AX26F6181Department of DefenseDefense Logistics Agency$1.60MJan 26, 2026
    SPE4AX26F9488Department of DefenseDefense Logistics Agency$1.52MMar 24, 2026
    SPE4AX25F7953Department of DefenseDefense Logistics Agency$1.37MAug 19, 2025
    SPE4AX26F0462Department of DefenseDefense Logistics Agency$1.32MOct 10, 2025
    36C10B26C0046Department of Veterans AffairsDepartment of Veterans Affairs$1.31MMay 23, 2026
    SPE4AX26F042HDepartment of DefenseDefense Logistics Agency$1.28MApr 16, 2026
    SPE4AX26F1783Department of DefenseDefense Logistics Agency$1.15MOct 29, 2025

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    3M recalls 53k laminators over possible risk of overheating, fire

    3M is recalling over 53,000 thermal laminators (model TL1302Z) due to reports of them smoking, melting, overheating, and catching fire. The U.S. Consumer Product Safety Commission has received 63 such reports...

    FOX 32 Chicago•10/16/26•Bearish

    3M recalls 53k laminators over possible risk of overheating, fire

    3M is recalling over 53,000 Scotch-brand thermal laminators (model TL1302Z) due to reports of overheating, smoking, melting, and fire. The U.S. Consumer Product Safety Commission (CPSC) announced the recall...

    FOX 5 DC•10/16/26•Bearish

    3M recalls Scotch laminators after 63 reports of smoking, melting and overheating

    3M has recalled certain Scotch thermal laminators (model TL1302Z) sold on Amazon between 2024 and 2026 due to a fire hazard. The company has received 63 reports of smoking, melting, and overheating...

    CBS News•10/16/26•Bearish

    JPMorgan updates its passive stake in 3M (MMM), with sole voting power over 40.2M shares.

    JPMorgan Chase & Co. has reported a beneficial ownership of 44,111,814 shares in 3M Company (MMM), representing 8.5% of the class. This filing indicates that JPMorgan holds sole voting power over 40,221,356 shares...

    Stock Titan•10/16/26•Neutral

    3M to argue Australia’s $1.4 billion ‘forever chemicals’ lawsuit legally flawed, court hears

    U.S. conglomerate 3M is set to argue in court that Australia's A$2 billion ($1.38 billion) lawsuit over PFAS "forever chemicals" contamination is legally flawed. The lawsuit concerns contamination from 3M's firefighting...

    South Carolina Lawyers Weekly•10/16/26•Bearish

    MMM Valuation and Fair Value

    P/E
    19.3x
    Forward P/E
    17.8x
    EV/EBITDA
    17.0x
    P/FCF
    21.6x
    PEG
    1.6x
    P/B
    29.1x
    See GNG's fair value

    MMM Profitability: Margins, ROIC and FCF

    Gross margin
    39.4%
    Operating margin
    20.3%
    Net margin
    11.9%
    ROIC
    21.1%
    ROE
    81.9%
    FCF margin
    15.8%
    FCF yield
    4.6%

    MMM Competitors

    CompanyTicker
    Howmet Aerospace IncHWM
    United Parcel Service IncUPS
    Johnson Controls International PLCJCI
    Cintas CorporationCTAS
    Waste Management IncWM
    Vertiv Holdings CoVRT
    CSX CorporationCSX
    Illinois Tool Works IncITW

    Sector: Industrials

    MMM Analyst Ratings

    Consensus
    Hold
    Analysts
    19
    Strong Buy
    1
    Buy
    8
    Hold
    8
    Sell
    0
    Strong Sell
    2

    MMM Bull Case vs Bear Case

    Bull case

    • MMM earns a 21.1% return on invested capital.
    • MMM converts 15.8% of revenue into free cash flow.
    • MMM beat EPS estimates in 100.0% of its last 8 reported quarters.

    Bear case

    • MMM has a debt-to-equity ratio of 4.3x.

    MMM Earnings: Beat Rate and Next Report

    Beat rate
    8 of 8 quarters (100.0%)
    Average surprise
    6.0%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $2.39
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    7 up, 2 down

    MMM Dividend

    Forward yield
    1.9%
    Payout ratio
    32.6%
    3Y DPS growth
    -21.2%
    5Y DPS growth
    -13.1%
    Pay months
    Mar, Jun, Sep, Dec
    MMM dividend history

    Frequently Asked Questions About MMM

    What is MMM's current dividend yield?

    3M Company (MMM) has a forward dividend yield of 1.89%.

    Does MMM pay dividends?

    Yes, 3M Company pays dividends with a forward dividend yield of 1.89%.

    What is MMM's P/E ratio?

    3M Company has a price-to-earnings (P/E) ratio of 19.31.

    What is MMM's market cap?

    3M Company (MMM) has a market capitalization of $84.82B with a current stock price of $165.30.

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