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3M MMM Safety and Industrial — Goodwill

Other segment segments

Transportation and Electronics
$1.52B-0.9%
Consumer
$261M-3.7%

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PRMFire Safety — Goodwill
$863.53M+0.9%

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$90.91B+15.4%
Enterprise value$101.12B+14.8%
P/E30.3×+10.3×
P/S3.6×+0.4×

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:Goodwill.

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)Safety and IndustrialTransportation and ElectronicsConsumerCorporateTotal Company
Balance as of December 31, 2025$4,571$1,525$265$58$6,419
Translation and other(a)(33)(8)(4)(45)
Balance as of June 30, 2026$4,538$1,517$261$58$6,374

Item 1. Financial Statements

FAQ

What is 3M's safety and industrial — goodwill?
3M (MMM) reported safety and industrial — goodwill of $4.54B in Q2 2026.
How has 3M's safety and industrial — goodwill changed year-over-year?
3M's safety and industrial — goodwill decreased by 0.8% year-over-year, from $4.57B to $4.54B.
What is the long-term trend for 3M's safety and industrial — goodwill?
Over 4 years (2021 to 2025), 3M's safety and industrial — goodwill has grown at a -0.5% compound annual growth rate (CAGR), from $18.6B to $18.21B.
What does safety and industrial — goodwill mean?
This represents the intangible asset value recorded when the Safety and Industrial segment acquires other businesses for a price exceeding the fair market value of their net identifiable assets. It reflects the premium paid for brand reputation, customer relationships, and intellectual property within this specific segment. Changes in this balance often result from new acquisitions or impairment charges.

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