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3M MMM Earnings yield

Earnings yield at other companies

Illinois Tool Works logo
Illinois Tool WorksITW
4.2%-0.5pp
PPG Industries logo
PPG IndustriesPPG
6.6%
Honeywell International logo
Honeywell InternationalHON
2.9%-1.3pp
DuPont de Nemours, Inc. logo
DuPont de Nemours, Inc.DD
-0.2%0.0pp
Amcor logo
AmcorAMCR
3.7%-2.1pp
STERIS logo
STERISSTE
3.6%+0.8pp

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$83.05B-4.2%
Enterprise value$90.8B-2.5%
P/E29.8×+9.9×
P/S3.3×-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

Calculated from 3M’s reported figures.

Based on trailing twelve months.

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 earnings yield?
3M (MMM) reported earnings yield of 3.7% in Q1 2026.
How has 3M's earnings yield changed year-over-year?
3M's earnings yield decreased by 33.3% year-over-year, from 5.5% to 3.7%.
What is the long-term trend for 3M's earnings yield?
Over 4 years (2021 to 2025), 3M's earnings yield has grown at a -8.7% compound annual growth rate (CAGR), from 26.4% to 18.3%.
What does earnings yield mean?
The company's annual profit as a percentage of its market price — the flip side of the P/E.
How do you interpret earnings yield?
Higher means more earnings per dollar invested. Easy to compare directly against bond yields to judge the relative attractiveness of equity.
How does earnings yield compare across companies?
Comparable across profitable companies and against fixed-income yields; undefined when earnings are negative.