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3M MMM Current ratio

Current ratio at other companies

Acme United logo
Acme UnitedACU
3.2×-1.1×
Avery Dennison logo
Avery DennisonAVY
1.1×+0.1×
H.B. Fuller logo
H.B. FullerFUL
1.8×-0.1×
Illinois Tool Works logo
Illinois Tool WorksITW
1.1×-0.5×
MSA
Mine Safety Appliances CompanyMSA
3.2×+0.2×
PPG Industries logo
PPG IndustriesPPG
1.6×+0.2×

Other financials

Income statement

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Revenue$6.5B+2.5%
Gross profit$2.7B-0.6%
Operating income$984.0M-13.7%
Net income$933.0M+29.0%
EPS (diluted)$1.78+32.8%

Balance sheet

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Cash & equivalents$3.0B-20.4%
Total debt$13.2B+0.8%
Total equity$3.0B-31.2%
Total assets$34.9B-8.1%

Cash flow

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Operating cash flow$986.0M+203%
CapEx$223.0M+7.2%
Free cash flow$763.0M+166%

Valuation

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Market cap$90.91B+15.4%
Enterprise value$101.12B+14.8%
P/E30.3×+10.3×
P/S3.6×+0.4×

Profitability

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Gross margin39.4%-1.6pp
Operating margin18.4%-1.1pp
Net margin11.9%-4.1pp
FCF margin15.8%+11.8pp

Returns & leverage

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Return on equity82.8%-13.2pp
Debt / equity4.5×+1.4×

Where this comes from

Calculated from 3M’s reported figures.

Based on the most recent quarter.

The source filing: 3M’s 10-Q, filed July 21, 2026. Open the filing →

Filed
Jul 21, 2026, 12:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000066740-26-000246

FAQ

What is 3M's current ratio?
3M (MMM) reported current ratio of 1.2× in Q2 2026.
How has 3M's current ratio changed year-over-year?
3M's current ratio decreased by 27.9% year-over-year, from 1.7× to 1.2×.
What is the long-term trend for 3M's current ratio?
Over 5 years (2020 to 2025), 3M's current ratio has grown at a -2.0% compound annual growth rate (CAGR), from 1.9× to 1.7×.
What does current ratio mean?
Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

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