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3M MMM Equity Method Income

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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$93.9B+16.9%
Enterprise value$104.11B+16.1%
P/E31.3×+10.9×
P/S3.7×+0.5×

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×
Current ratio1.2×-0.5×

Where this comes from

Reported directly by 3M in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromSubsidiariesNetOfTax.

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

Filed
Jul 21, 2026, 12:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000066740-26-000246
(Millions, except per share amounts)Three months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Income before income taxes1,1209231,9982,308
Provision for income taxes183245404510
Income of consolidated group9376781,5941,798
Income from unconsolidated subsidiaries, net of taxes147349
Net income including noncontrolling interest9387251,5971,847
Less: net income attributable to noncontrolling interest52118
Net income attributable to 3M$933$723$1,586$1,839
Earnings per share attributable to 3M common shareholders:

Item 1. Financial Statements

FAQ

What is 3M's equity method income?
3M (MMM) reported equity method income of $1M in Q2 2026.
How has 3M's equity method income changed year-over-year?
3M's equity method income decreased by 97.9% year-over-year, from $47M to $1M.
What does equity method income mean?
The company's proportional share of net income or loss from unconsolidated affiliates and joint ventures accounted for under the equity method.

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