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3M MMM Safety and Industrial — Operating Income (Loss)

Other segment segments

Transportation and Electronics
$503M+5.0%
Consumer
$252M-6.0%

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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: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 sales$1,642$1,537$3,213$3,007
Selling, general and administrative expenses459455911906
Research, development and related expenses131127262252
Safety and Industrial operating income8597381,6351,437
Transportation and Electronics
Cost of sales1,1761,1102,2712,176
Selling, general and administrative expenses259245492496
Research, development and related expenses128110249219

Item 1. Financial Statements

FAQ

What is 3M's safety and industrial — operating income (loss)?
3M (MMM) reported safety and industrial — operating income (loss) of $859M in Q2 2026.
How has 3M's safety and industrial — operating income (loss) changed year-over-year?
3M's safety and industrial — operating income (loss) increased by 16.4% year-over-year, from $738M to $859M.
What is the long-term trend for 3M's safety and industrial — operating income (loss)?
Over 4 years (2021 to 2025), 3M's safety and industrial — operating income (loss) has grown at a 3.8% compound annual growth rate (CAGR), from $2.46B to $2.86B.
What does safety and industrial — operating income (loss) mean?
This is the profit or loss generated by the Safety and Industrial segment after subtracting cost of sales, operating expenses, and R&D from net sales. It serves as the primary measure of the segment's core operational profitability. This metric excludes interest, taxes, and corporate-level allocations.

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