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3M MMM Net Income (NCI)

Net Income (NCI) at other companies

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$264K+422%

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:NetIncomeLossAttributableToNoncontrollingInterest.

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 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:
Weighted average 3M common shares outstanding — basic519.7537.4524.4540.6
Earnings per share — basic$1.79$1.35$3.02$3.40

Item 1. Financial Statements

FAQ

What is 3M's net income (NCI)?
3M (MMM) reported net income (NCI) of $5M in Q2 2026.
How has 3M's net income (NCI) changed year-over-year?
3M's net income (NCI) increased by 150.0% year-over-year, from $2M to $5M.
What is the long-term trend for 3M's net income (NCI)?
Over 3 years (2021 to 2024), 3M's net income (NCI) has grown at a 23.3% compound annual growth rate (CAGR), from $8M to $15M.
What does net income (NCI) mean?
The portion of net income attributable to minority shareholders in subsidiaries that are not 100% owned by the parent company. Deducted to arrive at net income attributable to the parent.

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