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3M MMM Consumer — Operating Income (Loss)

Other segment segments

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$859M+16.4%
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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$93.58B+16.9%
Enterprise value$103.78B+16.1%
P/E31.2×+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:OperatingIncomeLoss.

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
Net sales (millions)Three months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Cost of sales7507481,4371,417
Selling, general and administrative expenses212223408427
Research, development and related expenses33316463
Consumer operating income252268469487
Total reportable business segment operating income1,6141,4853,0062,793
Corporate
Corporate-level (expense) income1223572
Corporate special items:

Item 1. Financial Statements

FAQ

What is 3M's consumer — operating income (loss)?
3M (MMM) reported consumer — operating income (loss) of $252M in Q2 2026.
How has 3M's consumer — operating income (loss) changed year-over-year?
3M's consumer — operating income (loss) decreased by 6.0% year-over-year, from $268M to $252M.
What is the long-term trend for 3M's consumer — operating income (loss)?
Over 4 years (2021 to 2025), 3M's consumer — operating income (loss) has grown at a -3.8% compound annual growth rate (CAGR), from $1.16B to $996M.
What does consumer — operating income (loss) mean?
Calculated as net sales minus cost of sales, operating expenses, and R&D expenses for the consumer segment. This is the primary measure of the segment's core profitability before interest and taxes. It demonstrates the segment's ability to generate profit from its primary business activities.

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