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3M MMM Price / earnings

Price / earnings at other companies

Acme United logo
Acme UnitedACU
18.5×+3.9×
Avery Dennison logo
Avery DennisonAVY
19.3×-0.9×
H.B. Fuller logo
H.B. FullerFUL
21.2×-0.4×
Illinois Tool Works logo
Illinois Tool WorksITW
24.4×+2.9×
MSA
Mine Safety Appliances CompanyMSA
21.9×+1.8×
PPG Industries logo
PPG IndustriesPPG
17.2×

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/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 / earnings?
3M (MMM) reported price / earnings of 28.2× in Q2 2026.
How has 3M's price / earnings changed year-over-year?
3M's price / earnings increased by 37.6% year-over-year, from 20.5× to 28.2×.
What is the long-term trend for 3M's price / earnings?
Over 4 years (2020 to 2025), 3M's price / earnings has grown at a 14.0% compound annual growth rate (CAGR), from 15.5× to 26.2×.
What does price / earnings mean?
Market capitalization at the quarter end divided by trailing-twelve-month net income. The price the market pays for each dollar of trailing earnings.

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