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3M MMM Quick ratio

Quick ratio at other companies

Illinois Tool Works logo
Illinois Tool WorksITW
0.9×-0.3×
PPG Industries logo
PPG IndustriesPPG
1.2×+0.2×
Honeywell International logo
Honeywell InternationalHON
1.1×+0.1×
DuPont de Nemours, Inc. logo
DuPont de Nemours, Inc.DD
2.1×+1.2×
Amcor logo
AmcorAMCR
1.4×-0.3×
STERIS logo
STERISSTE
1.5×+0.2×

Other financials

Income statement

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Revenue$6.0B+1.3%
Gross profit$2.5B-0.8%
Operating income$1.4B+12.1%
Net income$653.0M-41.5%
EPS (diluted)$1.23-39.7%

Balance sheet

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Cash & equivalents$3.7B-41.1%
Total debt$11.5B-11.0%
Total equity$3.3B-26.9%
Total assets$35.4B-11.3%

Cash flow

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Operating cash flow$574.0M+827%
CapEx$225.0M-4.7%
Free cash flow$349.0M+211%

Valuation

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Market cap$83.05B-4.2%
Enterprise value$90.8B-2.5%
P/E29.8×+9.9×
P/S3.3×-0.2×

Profitability

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Gross margin39.7%-1.4pp
Operating margin19.1%-1.0pp
Net margin11.1%-6.7pp

Returns & leverage

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Return on equity72.1%-21.3pp
Debt / equity3.5×+0.6×
Current ratio1.6×-0.1×

Where this comes from

Calculated from 3M’s reported figures.

Based on the most recent quarter.

The official record: 3M’s 10-Q, filed April 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is 3M's quick ratio?
3M (MMM) reported quick ratio of 1.2× in Q1 2026.
How has 3M's quick ratio changed year-over-year?
3M's quick ratio decreased by 5.0% year-over-year, from 1.2× to 1.2×.
What is the long-term trend for 3M's quick ratio?
Over 4 years (2021 to 2025), 3M's quick ratio has grown at a 1.5% compound annual growth rate (CAGR), from 4.9× to 5.2×.
What does quick ratio mean?
Can the company cover short-term bills without having to sell inventory first?
How do you interpret quick ratio?
More conservative than the current ratio. A wide gap between the two flags heavy reliance on inventory to meet near-term obligations.
How does quick ratio compare across companies?
Most informative for inventory-heavy businesses; converges with the current ratio for firms that carry little inventory.