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3M MMM Compensation and benefits

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Other financials

Income statement

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Revenue$6.0B+1.3%
Gross profit$2.5B-0.8%
Operating income$1.4B+12.1%
Net income$653.0M-41.5%
EPS (diluted)$1.23-39.7%

Balance sheet

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Cash & equivalents$3.7B-41.1%
Total debt$11.5B-11.0%
Total equity$3.3B-26.9%
Total assets$35.4B-11.3%

Cash flow

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Operating cash flow$574.0M+827%
CapEx$225.0M-4.7%
Free cash flow$349.0M+211%

Valuation

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Market cap$83.76B-4.2%
Enterprise value$91.51B-2.5%
P/E30.1×+10.0×
P/S3.4×-0.2×

Profitability

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Gross margin39.7%-1.4pp
Operating margin19.1%-1.0pp
Net margin11.1%-6.7pp

Returns & leverage

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Return on equity72.1%-21.3pp
Debt / equity3.5×+0.6×
Current ratio1.6×-0.1×

Where this comes from

Reported directly by 3M in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The official record: 3M’s 10-Q, filed April 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is 3M's compensation and benefits?
3M (MMM) reported compensation and benefits of $420M in Q1 2026.
How has 3M's compensation and benefits changed year-over-year?
3M's compensation and benefits decreased by 6.9% year-over-year, from $451M to $420M.
What is the long-term trend for 3M's compensation and benefits?
Over 5 years (2020 to 2025), 3M's compensation and benefits has grown at a -0.8% compound annual growth rate (CAGR), from $747M to $718M.
What does compensation and benefits mean?
The total amount of unpaid wages, bonuses, and benefits owed to employees.
How do you interpret compensation and benefits?
An increase may reflect higher headcount, accrued performance bonuses, or changes in payroll timing, while a decrease could indicate reduced staffing or lower incentive payouts.
How does compensation and benefits compare across companies?
Large multinational corporations typically show consistent levels of these liabilities relative to their total workforce size and compensation policies.