What is 3M's interest expense?

3M (MMM) reported interest expense of $214M in Q1 2026.

How has 3M's interest expense changed year-over-year?

3M's interest expense decreased by 16.1% year-over-year, from $255M to $214M.

What is the long-term trend for 3M's interest expense?

Over 4 years (2021 to 2025), 3M's interest expense has grown at a 18.0% compound annual growth rate (CAGR), from $488M to $946M.

What does interest expense mean?

Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

3M MMM Interest Expense

Interest Expense at other companies

Avery DennisonAVY

$35.6M+15.2%

H.B. FullerFUL

$33.34M+0.2%

Illinois Tool WorksITW

$73M+7.4%

MSA

Mine Safety Appliances CompanyMSA

$7.7M+12.7%

PPG IndustriesPPG

$61M+8.9%

Rogers CorporationROG

$300K0.0%

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$87.61B+13.0%

Enterprise value$95.36B+13.4%

P/E31.4×+13.7×

P/S3.5×+0.3×

Profitability

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Gross margin39.7%-1.4pp

Operating margin19.1%-1.0pp

Net margin11.1%-6.7pp

FCF margin8.2%+8.0pp

Returns & leverage

See full

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:InterestExpenseNonoperating.

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 interest expense?: 3M (MMM) reported interest expense of $214M in Q1 2026.
How has 3M's interest expense changed year-over-year?: 3M's interest expense decreased by 16.1% year-over-year, from $255M to $214M.
What is the long-term trend for 3M's interest expense?: Over 4 years (2021 to 2025), 3M's interest expense has grown at a 18.0% compound annual growth rate (CAGR), from $488M to $946M.
What does interest expense mean?: Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.