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3M MMM Murray, Whitfield, Gordon, and Catoosa — Claims dismissed

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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:LossContingencyClaimsDismissedNumber.

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

Between November 2025 and early January 2026, property owners in Murray, Whitfield, Gordon, and Catoosa counties filed eight separate lawsuits against the Company and other defendants in Georgia state courts alleging that the discharge of PFAS from various carpet manufacturer facilities contaminated their properties. In March 2026, the Company filed motions to dismiss in these cases. Motions to dismiss were denied in six of these cases in April 2026 and May 2026. The motions to dismiss remain pending in the other two cases.

Item 1. Financial Statements

FAQ

What is 3M's murray, whitfield, gordon, and catoosa — claims dismissed?
3M (MMM) reported murray, whitfield, gordon, and catoosa — claims dismissed of $2 in Q1 2026.
What does murray, whitfield, gordon, and catoosa — claims dismissed mean?
This metric measures the number of legal claims or lawsuits successfully resolved in the company's favor through dismissal by the court within the specified geographic region. A higher count indicates effective legal defense strategies and a reduction in the company's overall litigation burden. This serves as a key indicator of the company's ability to mitigate legal risks and protect shareholder value from meritless or unsuccessful litigation.

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