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3M MMM Price / book

Price / book at other companies

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Acme UnitedACU
1.5×+0.2×
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Avery DennisonAVY
5.8×-0.7×
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H.B. FullerFUL
1.7×+0.1×
MSA
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4.7×-0.1×
PPG Industries logo
PPG IndustriesPPG
3.2×-0.2×
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Rogers CorporationROG
2.4×+1.4×

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

Calculated from 3M’s reported figures.

Based on the most recent quarter.

The source filing: 3M’s 10-Q, filed July 21, 2026. Open the filing →

Filed
Jul 21, 2026, 12:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000066740-26-000246

FAQ

What is 3M's price / book?
3M (MMM) reported price / book of 28.6× in Q2 2026.
How has 3M's price / book changed year-over-year?
3M's price / book increased by 52.2% year-over-year, from 18.8× to 28.6×.
What is the long-term trend for 3M's price / book?
Over 5 years (2020 to 2025), 3M's price / book has grown at a 22.5% compound annual growth rate (CAGR), from 6.5× to 18.1×.
What does price / book mean?
Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

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