MMM Chart
About

3M Company provides diversified technology services in the America, the Asia Pacific, Europe, the Middle East, Africa, and internationally. It operates through three segments: Safety and Industrial, Transportation and Electronics, and Consumer. The Safety and Industrial segment provides industrial abrasives and finishing for metalworking applications; autobody repair solutions; industrial specialty products, such as personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles. The Transportation and Electronics segment provides ceramic solutions; attachment and bonding, films, sound, and temperature management for transportation vehicles; format graphic films for advertising and fleet signage; reflective signage for highway and vehicle safety; light management films and electronics assembly solutions; chip packaging and interconnection solutions; semiconductor production materials; and data center solutions. The Consumer segment offers cleaning products for the home; consumer air quality products; picture hanging accessories; retail abrasives, paint accessories, and safety products; stationery and office products; automotive appearance products; and consumer bandages, tapes, braces, and supports. It serves automotive; commercial solutions; consumer markets; design and construction; electronics; energy; government; manufacturing; safety; transportation industries. The company offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, channel partner, and dealers, as well as directly to users. 3M Company was founded in 1902 and is headquartered in Saint Paul, Minnesota.

Fundamentals
Scroll to Statements
Sector Industrials Industry Conglomerates Market Cap 87.67B
Enterprise Value 92.86B Income 3.25B Sales 24.95B
Book/sh 8.87 Cash/sh 15.06 Dividend Yield 188.00%
Payout 48.67% Employees 60500 IPO —
P/E 27.74 Forward P/E 17.71 PEG —
P/S 3.51 P/B 18.77 P/C —
EV/EBITDA 15.44 EV/Sales 3.72 Quick Ratio 1.20
Current Ratio 1.71 Debt/Eq 276.64 LT Debt/Eq —
EPS (ttm) 6.00 EPS next Y 9.40 EPS Growth -19.90%
Revenue Growth 2.00% Earnings 2026-04-21 ROA 7.58%
ROE 75.50% ROIC — Gross Margin 39.91%
Oper. Margin 12.41% Profit Margin 13.03% Shs Outstand 526.70M
Shs Float 525.84M Short Float 1.54% Short Ratio 2.04
Short Interest — 52W High 177.41 52W Low 121.98
Beta 1.17 Avg Volume 3.53M Volume 1.69M
Target Price $178.20 Recom Buy Prev Close $166.34
Price $166.46 Change 0.07%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$178.20
Mean price target
2. Current target
$166.46
Latest analyst target
3. DCF / Fair value
$43.07
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$166.46
Low
$120.00
High
$228.00
Mean
$178.20

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-21 main Citigroup Neutral → Neutral $175
2026-01-21 main Deutsche Bank Hold → Hold $181
2026-01-21 main RBC Capital Underperform → Underperform $136
2026-01-21 main Wells Fargo Overweight → Overweight $175
2026-01-21 main Morgan Stanley Equal-Weight → Equal-Weight $165
2026-01-16 down JP Morgan Overweight → Neutral $182
2025-12-08 down Deutsche Bank Buy → Hold $178
2025-12-04 main Barclays Overweight → Overweight $190
2025-10-22 main UBS Buy → Buy $190
2025-10-22 main Barclays Overweight → Overweight $180
2025-10-22 up Morgan Stanley Underweight → Equal-Weight $160
2025-10-22 main RBC Capital Underperform → Underperform $130
2025-10-22 main Wells Fargo Overweight → Overweight $183
2025-10-15 main JP Morgan Overweight → Overweight $178
2025-10-09 main Citigroup Neutral → Neutral $169
2025-10-06 main Wells Fargo Overweight → Overweight $176
2025-07-21 main Barclays Overweight → Overweight $172
2025-07-09 main Barclays Overweight → Overweight $170
2025-07-01 main Wells Fargo Overweight → Overweight $170
2025-05-30 main Citigroup Neutral → Neutral $160
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 5145 888796.0 — Sale at price 172.72 - 172.79 per share. REINSETH THERESA E Officer — 2026-02-11 00:00:00 D
1 3349 518057.0 — Conversion of Exercise of derivative security at price 154.69 per share. REINSETH THERESA E Officer — 2026-02-11 00:00:00 D
2 25055 4267869.0 — Sale at price 170.34 per share. DICKSON ZOE L Officer — 2026-02-09 00:00:00 D
3 25055 2577909.0 — Conversion of Exercise of derivative security at price 102.89 per share. DICKSON ZOE L Officer — 2026-02-09 00:00:00 D
4 20519 3487614.0 — Sale at price 169.97 per share. DICKSON ZOE L Officer — 2026-02-09 00:00:00 D
5 20519 2932986.0 — Conversion of Exercise of derivative security at price 142.94 per share. DICKSON ZOE L Officer — 2026-02-09 00:00:00 D
6 1190 203645.0 — Sale at price 171.13 per share. CHAVEZ RODRIGUEZ BEATRIZ KARINA Officer — 2026-02-09 00:00:00 D
7 4818 nan — — BANOVETZ JOHN PATRICK Officer — 2026-02-06 00:00:00 D
8 2655 nan — — REINSETH THERESA E Officer — 2026-02-06 00:00:00 D
9 4764 822505.0 — Conversion of Exercise of derivative security at price 172.65 per share. DICKSON ZOE L Officer — 2026-02-06 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems57.14M260.94M9.14M110.39M
TaxRateForCalcs0.240.170.250.04
NormalizedEBITDA6.23B5.81B-8.38B6.23B
TotalUnusualItems240.00M1.56B36.00M2.45B
TotalUnusualItemsExcludingGoodwill240.00M1.56B36.00M2.45B
NetIncomeFromContinuingOperationNetMinorityInterest3.25B4.01B-8.40B5.78B
ReconciledDepreciation1.31B1.36B1.99B1.83B
ReconciledCostOfRevenue14.99B14.45B14.98B19.23B
EBITDA6.47B7.37B-8.34B8.69B
EBIT5.16B6.01B-10.33B6.85B
NetInterestIncome-714.00M-739.00M-691.00M-395.00M
InterestExpense946.00M1.19B941.00M462.00M
InterestIncome232.00M452.00M250.00M67.00M
NormalizedIncome3.07B2.71B-8.43B3.43B
NetIncomeFromContinuingAndDiscontinuedOperation3.25B4.17B-7.00B5.78B
TotalExpenses20.16B19.75B35.34B30.14B
TotalOperatingIncomeAsReported4.63B4.82B-10.69B6.54B
DilutedAverageShares541.30M552.40M553.90M567.60M
BasicAverageShares537.40M550.80M553.90M566.00M
DilutedEPS6.007.55-12.6310.18
BasicEPS6.057.58-12.6310.21
DilutedNIAvailtoComStockholders3.25B4.17B-7.00B5.78B
NetIncomeCommonStockholders3.25B4.17B-7.00B5.78B
NetIncome3.25B4.17B-7.00B5.78B
MinorityInterests-12.00M-15.00M-16.00M-14.00M
NetIncomeIncludingNoncontrollingInterests3.26B4.19B-6.98B5.79B
NetIncomeDiscontinuousOperations0.00164.00M1.41B1.76B
NetIncomeContinuousOperations3.26B4.02B-8.39B5.79B
EarningsFromEquityInterestNetOfTax52.00M9.00M18.00M11.00M
TaxProvision1.00B804.00M-2.87B612.00M
PretaxIncome4.21B4.82B-11.27B6.39B
OtherIncomeExpense136.00M736.00M145.00M2.70B
OtherNonOperatingIncomeExpenses-104.00M-828.00M109.00M248.00M
SpecialIncomeCharges240.00M0.0036.00M2.45B
GainOnSaleOfBusiness-162.00M0.0036.00M2.72B
ImpairmentOfCapitalAssets0.000.00271.00M0.00
RestructuringAndMergernAcquisition-402.00M
GainOnSaleOfSecurity1.56B
NetNonOperatingInterestIncomeExpense-714.00M-739.00M-691.00M-395.00M
InterestExpenseNonOperating946.00M1.19B941.00M462.00M
InterestIncomeNonOperating232.00M452.00M250.00M67.00M
OperatingIncome4.79B4.82B-10.72B4.09B
OperatingExpense5.17B5.31B20.35B10.91B
ResearchAndDevelopment1.17B1.08B1.15B1.86B
SellingGeneralAndAdministration4.00B4.22B19.20B9.05B
GeneralAndAdministrativeExpense21.53B9.05B7.20B
OtherGandA21.53B9.05B7.20B
SalariesAndWages-129.00M-248.00M-297.00M
GrossProfit9.96B10.13B9.63B15.00B
CostOfRevenue14.99B14.45B14.98B19.23B
TotalRevenue24.95B24.57B24.61B34.23B
OperatingRevenue24.95B24.57B24.61B34.23B
Line Item2025-12-312024-12-312023-12-312022-12-31
TreasurySharesNumber413.75M404.56M391.45M394.79M
OrdinarySharesNumber530.28M539.47M552.58M549.25M
ShareIssued944.03M944.03M944.03M944.03M
NetDebt7.37B7.44B10.30B12.28B
TotalDebt12.60B13.04B16.75B16.86B
TangibleBookValue-2.82B-3.65B-2.90B-2.77B
InvestedCapital17.30B16.89B20.84B30.66B
WorkingCapital6.79B4.63B1.08B5.17B
NetTangibleAssets-2.82B-3.65B-2.90B-2.77B
CapitalLeaseObligations615.00M716.00M916.00M947.00M
CommonStockEquity4.70B3.84B4.81B14.72B
TotalCapitalization15.63B14.97B17.89B28.72B
TotalEquityGrossMinorityInterest4.75B3.89B4.87B14.77B
MinorityInterest45.00M52.00M61.00M48.00M
StockholdersEquity4.70B3.84B4.81B14.72B
GainsLossesNotAffectingRetainedEarnings-5.07B-5.73B-6.78B-6.67B
OtherEquityAdjustments-5.07B-5.73B-6.78B-6.67B
TreasuryStock35.94B34.46B32.86B33.26B
RetainedEarnings38.26B36.80B37.48B47.95B
AdditionalPaidInCapital7.44B7.23B6.96B6.69B
CapitalStock9.00M9.00M9.00M9.00M
CommonStock9.00M9.00M9.00M9.00M
TotalLiabilitiesNetMinorityInterest32.99B35.97B45.71B31.68B
TotalNonCurrentLiabilitiesNetMinorityInterest23.39B24.72B30.41B22.16B
OtherNonCurrentLiabilities10.83B11.78B12.49B3.54B
LiabilitiesHeldforSaleNonCurrent0.00686.00M
EmployeeBenefits1.63B1.81B2.48B2.35B
NonCurrentPensionAndOtherPostretirementBenefitPlans1.63B1.81B2.16B1.97B
TradeandOtherPayablesNonCurrent605.00M832.00M1.05B1.32B
NonCurrentDeferredLiabilities354.00M315.00M559.00M458.00M
NonCurrentDeferredTaxesLiabilities354.00M315.00M559.00M458.00M
LongTermDebtAndCapitalLeaseObligation10.93B11.12B13.61B14.66B
LongTermCapitalLeaseObligation452.00M524.00M655.00M684.00M
LongTermDebt10.93B11.12B13.09B14.00B
CurrentLiabilities9.60B11.26B15.30B9.52B
OtherCurrentLiabilities4.50B5.96B7.31B1.35B
CurrentDeferredLiabilities15.00M23.00M538.00M529.00M
CurrentDeferredRevenue15.00M23.00M538.00M529.00M
CurrentDebtAndCapitalLeaseObligation1.67B1.92B3.14B2.20B
CurrentCapitalLeaseObligation163.00M192.00M261.00M263.00M
CurrentDebt1.67B1.92B2.95B1.94B
OtherCurrentBorrowings1.92B1.15B1.94B1.31B
CommercialPaper0.001.79B0.00
PensionandOtherPostRetirementBenefitPlansCurrent256.00M303.00M324.00M297.00M
PayablesAndAccruedExpenses3.42B3.37B4.52B5.11B
CurrentAccruedExpenses718.00M712.00M1.29B1.44B
Payables2.70B2.66B3.23B3.67B
TotalTaxPayable515.00M458.00M483.00M586.00M
IncomeTaxPayable331.00M304.00M259.00M260.00M
AccountsPayable2.70B2.66B2.78B3.18B
TotalAssets37.73B39.87B50.58B46.45B
TotalNonCurrentAssets21.35B23.98B34.20B31.77B
OtherNonCurrentAssets6.72B9.11B11.89B1.05B
DefinedPensionBenefit1.24B1.24B1.23B943.00M
NonCurrentDeferredAssets4.15B4.78B959.00M581.00M
NonCurrentDeferredTaxesAssets4.15B4.78B959.00M581.00M
NonCurrentAccountsReceivable31.00M33.00M73.00M51.00M
InvestmentsAndAdvances2.50B210.00M967.00M262.00M
InvestmentinFinancialAssets886.00M133.00M
LongTermEquityInvestment2.50B210.00M967.00M262.00M
GoodwillAndOtherIntangibleAssets7.52B7.49B7.71B17.49B
OtherIntangibleAssets1.10B1.21B1.32B4.70B
Goodwill6.42B6.28B6.38B12.79B
NetPPE7.10B7.39B8.35B10.01B
AccumulatedDepreciation-16.82B-16.02B-15.80B-16.82B
GrossPPE23.92B23.41B24.15B26.83B
ConstructionInProgress663.00M994.00M1.53B1.73B
OtherProperties565.00M657.00M829.00M858.00M
MachineryFurnitureEquipment15.33B14.78B14.72B16.45B
BuildingsAndImprovements7.73B7.43B7.03B7.56B
LandAndImprovements202.00M200.00M215.00M255.00M
Properties0.000.000.000.00
CurrentAssets16.39B15.88B16.38B14.69B
OtherCurrentAssets2.82B771.00M144.00M191.00M
HedgingAssetsCurrent64.00M73.00M162.00M78.00M
AssetsHeldForSaleCurrent46.00M0.002.38B
PrepaidAssets391.00M493.00M344.00M435.00M
Inventory3.66B3.70B3.94B5.37B
FinishedGoods1.74B1.85B1.84B2.50B
WorkInProcess1.13B1.05B1.24B1.61B
RawMaterials791.00M798.00M860.00M1.27B
Receivables3.53B3.19B3.71B4.63B
OtherReceivables78.00M109.00M103.00M110.00M
AccountsReceivable3.53B3.19B3.60B4.53B
AllowanceForDoubtfulAccountsReceivable-61.00M-60.00M-62.00M-174.00M
GrossAccountsReceivable3.59B3.25B3.66B4.71B
CashCashEquivalentsAndShortTermInvestments5.93B7.73B5.79B3.89B
OtherShortTermInvestments698.00M2.13B50.00M238.00M
CashAndCashEquivalents5.24B5.60B5.74B3.65B
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow1.40B638.00M5.07B3.84B
RepurchaseOfCapitalStock-3.25B-1.80B-33.00M-1.46B
RepaymentOfDebt-1.81B-2.66B-3.09B-1.18B
IssuanceOfDebt1.10B8.37B2.83B1.00M
CapitalExpenditure-910.00M-1.18B-1.61B-1.75B
InterestPaidSupplementalData467.00M505.00M520.00M440.00M
IncomeTaxPaidSupplementalData800.00M852.00M1.38B1.32B
EndCashPosition5.24B5.60B5.93B3.65B
OtherCashAdjustmentOutsideChangeinCash-46.00M0.000.00
BeginningCashPosition5.60B5.93B3.65B4.56B
EffectOfExchangeRateChanges41.00M-44.00M-48.00M-104.00M
ChangesInCash-360.00M-289.00M2.33B-805.00M
FinancingCashFlow-4.02B1.10B-3.15B-5.35B
CashFlowFromContinuingFinancingActivities-4.02B1.10B-3.15B-5.35B
NetOtherFinancingCharges-49.00M-717.00M-21.00M-60.00M
ProceedsFromStockOptionExercised1.56B92.00M264.00M381.00M
CashDividendsPaid-1.56B-1.98B-3.31B-3.37B
CommonStockDividendPaid-1.56B-1.98B-3.31B-3.37B
NetCommonStockIssuance-3.25B-1.80B-33.00M-1.46B
CommonStockPayments-3.25B-1.80B-33.00M-1.46B
NetIssuancePaymentsOfDebt-716.00M5.51B-46.00M-838.00M
NetShortTermDebtIssuance0.00-205.00M205.00M340.00M
NetLongTermDebtIssuance-716.00M5.71B-251.00M-1.18B
LongTermDebtPayments-1.81B-2.66B-3.09B-1.18B
LongTermDebtIssuance1.10B8.37B2.83B1.00M
InvestingCashFlow1.35B-3.21B-1.21B-1.05B
CashFlowFromContinuingInvestingActivities1.35B-3.21B-1.21B-1.05B
NetOtherInvestingChanges-3.00M-7.00M35.00M1.00M
NetInvestmentPurchaseAndSale2.16B-2.08B194.00M11.00M
SaleOfInvestment3.47B2.07B1.66B1.26B
PurchaseOfInvestment-1.30B-4.15B-1.47B-1.25B
NetBusinessPurchaseAndSale5.00M0.0060.00M491.00M
SaleOfBusiness5.00M0.0060.00M491.00M
PurchaseOfBusiness0.000.00
NetPPEPurchaseAndSale-815.00M-1.12B-1.50B-1.55B
SaleOfPPE95.00M61.00M119.00M200.00M
PurchaseOfPPE-910.00M-1.18B-1.61B-1.75B
OperatingCashFlow2.31B1.82B6.68B5.59B
CashFlowFromContinuingOperatingActivities2.31B1.82B6.68B5.59B
ChangeInWorkingCapital-51.00M201.00M535.00M-670.00M
ChangeInPayablesAndAccruedExpense21.00M46.00M138.00M64.00M
ChangeInPayable21.00M46.00M138.00M64.00M
ChangeInAccountPayable21.00M46.00M138.00M111.00M
ChangeInTaxPayable-272.00M-218.00M-47.00M-244.00M
ChangeInIncomeTaxPayable-272.00M-218.00M-47.00M-244.00M
ChangeInInventory139.00M41.00M567.00M-629.00M
ChangeInReceivables-211.00M114.00M-170.00M-105.00M
ChangesInAccountReceivables-211.00M114.00M-170.00M-105.00M
OtherNonCashItems-3.29B-5.58B14.61B696.00M
StockBasedCompensation225.00M289.00M274.00M263.00M
AssetImpairmentCharge0.000.00889.00M0.00
DeferredTax418.00M321.00M-3.85B-663.00M
DeferredIncomeTax418.00M321.00M-3.85B-663.00M
DepreciationAmortizationDepletion1.31B1.36B1.99B1.83B
DepreciationAndAmortization1.31B1.36B1.99B1.83B
OperatingGainsLosses434.00M1.03B109.00M-2.55B
PensionAndEmployeeBenefitExpense272.00M1.03B145.00M178.00M
GainLossOnSaleOfBusiness162.00M0.00-36.00M-2.72B
NetIncomeFromContinuingOperations3.26B4.19B-6.98B5.79B
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for MMM
Date User Asset Broker Type Position Size Entry Price Patterns