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3M MMM Return on assets

Return on assets at other companies

Illinois Tool Works logo
Illinois Tool WorksITW
19.8%-2.3pp
PPG Industries logo
PPG IndustriesPPG
7.3%
Honeywell International logo
Honeywell InternationalHON
5.5%-2.6pp
DuPont de Nemours, Inc. logo
DuPont de Nemours, Inc.DD
-0.1%0.0pp
Amcor logo
AmcorAMCR
2.4%-2.2pp
STERIS logo
STERISSTE
7.5%+1.7pp

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 trailing twelve months.

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 return on assets?
3M (MMM) reported return on assets of 7.4% in Q1 2026.
How has 3M's return on assets changed year-over-year?
3M's return on assets decreased by 19.3% year-over-year, from 9.2% to 7.4%.
What is the long-term trend for 3M's return on assets?
Over 4 years (2021 to 2025), 3M's return on assets has grown at a -8.1% compound annual growth rate (CAGR), from 50.4% to 35.9%.
What does return on assets mean?
How much profit the company squeezes out of everything it owns.
How do you interpret return on assets?
Higher means more productive assets. Unlike ROE, it is unaffected by leverage, so a wide ROE-minus-ROA gap flags a heavily levered balance sheet.
How does return on assets compare across companies?
Best compared within an industry — asset intensity varies enormously across sectors. Not meaningful for banks, whose assets are largely financial.