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3M MMM Gain on sale of business and assets

Gain on sale of business and assets at other companies

Oneok logo
OneokOKE
$0-100%
3M logo
3MMMM
-$336M-11,100%
Northrop Grumman logo
Northrop GrummanNOC
$0-100%
Cigna logo
CignaCI
$6M
EMCOR Group logo
EMCOR GroupEME
$36.22M
EMCOR Group logo
EMCOR GroupEME
$36.22M

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$93.2B+16.0%
Enterprise value$103.4B+15.3%
P/E31.1×+10.7×
P/S3.7×+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:GainLossOnSaleOfBusiness.

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
Cost of sales3,8173,6467,3917,124
Selling, general and administrative expenses1,0611,2671,8052,212
Research, development and related expenses302288610573
Loss on business divestitures33633433
Total operating expenses5,5165,20410,1499,912
Operating income9841,1402,3812,386
Other expense (income), net(136)21738378
Income before income taxes1,1209231,9982,308

Item 1. Financial Statements

FAQ

What is 3M's gain on sale of business and assets?
3M (MMM) reported gain on sale of business and assets of -$336M in Q2 2026.
How has 3M's gain on sale of business and assets changed year-over-year?
3M's gain on sale of business and assets decreased by 11100.0% year-over-year, from -$3M to -$336M.
What does gain on sale of business and assets mean?
This metric captures the net financial impact of divesting business units, subsidiaries, or major assets. It reflects the difference between the proceeds received from a sale and the carrying value of the assets disposed of.

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