Superworth3M MMM
- Market cap
- $89.5B
- PE
- 30.8×
- 10y median 17.9×
- Forward PE
- 18.7×
- 10y median 18.5×
- Price to sales
- 3.6×
- EV/EBIT
- 20.8×
- Revenue, 12 months
- $25.2B
- +2% on a year ago
- Net margin
- 11.9%
- Free cash flow yield
- 4.5%
3M trades at 30.8× trailing earnings, pricier than 95% of the last ten years. Revenue was $25.2B over the last twelve months, up 2% on a year earlier with a 12% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $6.3B−27% | $6B−26% | $6B−1% | $6.3B−0% | $6.3B+0% | $6B+0% | $6B−1% | $6.3B+1% | $6.5B+4% | $6.1B+2% | $6B+1% | $6.5B+3% | |
| Cost of revenue | $3.7B−21% | $3.8B−17% | $3.5B−7% | $3.6B−4% | $3.6B−2% | $3.7B−1% | $3.5B−0% | $3.6B+2% | $3.8B+4% | $4.1B+9% | $3.6B+3% | $3.8B+5% |
| Gross profit | $2.6B−34% | $2.2B−37% | $2.5B+10% | $2.7B+5% | $2.6B+4% | $2.3B+3% | $2.5B−2% | $2.7B+1% | $2.7B+3% | $2.1B−9% | $2.5B−1% | $2.7B−1% |
| R&D | $267M−42% | $467M+5% | $254M−46% | $280M−6% | $269M+1% | $282M−40% | $285M+12% | $288M+3% | $297M+10% | $299M+6% | $308M+8% | $302M+5% |
| SG&A | $5.4B+171% | $1.6B−24% | $1.1B−34% | $1.1B−90% | $1.1B−80% | $899M−45% | $945M−16% | $1.3B+12% | $820M−23% | $965M+7% | $744M−21% | $1.1B−16% |
| −$3.1B | $1.2B+97% | $1.1B−7% | $1.3B | $1.3B | $1.1B−13% | $1.2B+8% | $1.1B−10% | $1.4B+10% | $796M−27% | $1.4B+12% | $984M−14% | |
| Interest expense | $304M+187% | $370M+222% | $341M+177% | $322M+124% | $276M−9% | $252M−32% | $255M−25% | $237M−26% | $232M−16% | $222M−12% | $214M−16% | $202M−15% |
| Pre-tax income | −$3.3B | $1B+68% | $929M−22% | $1.4B | $1.7B | $759M−24% | $1.4B+49% | $923M−35% | $1.1B−33% | $758M−0% | $878M−37% | $1.1B+21% |
| −$777M | $64M+3% | $220M+5% | $203M | $348M | $33M−48% | $265M+21% | $245M+21% | $308M−12% | $185M+461% | $221M−17% | $183M−25% | |
| Net income | −$2.1B | $945M+75% | $928M−5% | $1.1B | $1.4B | $728M−23% | $1.1B+20% | $723M−37% | $834M−39% | $577M−21% | $653M−42% | $933M+29% |
| −$3.74 | $1.70+74% | $1.67−5% | $2.07 | $2.48 | $1.33−22% | $2.04+22% | $1.34−35% | $1.55−38% | $1.07−20% | $1.23−40% | $1.78+33% | |
| 554.3M−3% | 554.5M+0% | 555.9M+1% | 554.8M+0% | 552.7M−0% | 546.1M−2% | 547.7M−2% | 540.6M−3% | 538.1M−3% | 538.9M−1% | 532.8M−3% | 522.4M−3% |
Gross profit: 73 periods, Q2 FY08 to Q2 FY26: not printed by the filing, worked out from its own lines.
EPS, diluted: 6 periods, Q4 FY08 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 18 periods, Q4 FY08 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $6.6B | $6.5B to $6.7B | $2.38 | $2.35 to $2.40 | 9 |
| Q4 FY26 | $6.3B | $6.3B to $6.4B | $2.02 | $1.97 to $2.04 | 8 |
| Q1 FY27 | $6.4B | $6.3B to $6.4B | $2.30 | $2.23 to $2.35 | 6 |
| Q2 FY27 | $6.8B | $6.7B to $6.9B | $2.59 | $2.56 to $2.63 | 2 |
| Q3 FY27 | $6.9B | $6.8B to $6.9B | $2.73 | $2.70 to $2.77 | 2 |
| Q4 FY27 | $6.6B | $6.5B to $6.6B | $2.32 | $2.29 to $2.35 | 2 |
| Q1 FY28 | $6.7B | $6.6B to $6.7B | $2.47 | $2.43 to $2.50 | 5 |
| Q2 FY28 | $7B | $6.9B to $7.1B | $2.72 | $2.68 to $2.76 | 5 |
Peers
Companies in Industrials nearest 3M's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| MMM3M | $89.5B | 30.8× | 17.9× | 18.7× | 3.6× | +2% | 11.9% |
| CTASCintas | $89B | 44.2× | 37.0× | 39.2× | 7.7× | +10% | 17.8% |
| EMREmerson Electric | $90.1B | 35.4× | 24.4× | 22.8× | 4.8× | +5% | 13.8% |
| UPSUnited Parcel Service | $86B | 18.7× | 19.4× | 13.0× | 1.0× | −0% | 5.1% |
| CSXCSX | $94.1B | 29.4× | 19.1× | 23.6× | 6.5× | +3% | 22.2% |
| GDGeneral Dynamics | $94.5B | 21.3× | 19.4× | 20.0× | 1.7× | +9% | 8.2% |
| WMWaste Management | $95.7B | 33.9× | 30.6× | 28.1× | 3.7× | +7% | 11.1% |
| PWRQuanta Services | $82.2B | 62.6× | 31.8× | 30.2× | 2.5× | +26% | 4.0% |
| TTTrane Technologies | $97.9B | 33.7× | 25.3× | 26.8× | 4.4× | +7% | 13.3% |
| ITWIllinois Tool Works | $78.5B | 25.0× | 24.2× | 23.5× | 4.8× | +4% | 19.4% |
| NOCNorthrop Grumman | $78.3B | 17.5× | 19.5× | 18.9× | 1.8× | +6% | 10.5% |
| Peer median | $89.6B | 31.5× | 24.3× | 23.5× | 4.1× | +6% | 12.2% |
Investors who own it
Investors we follow who held 3M at the end of Jun 30, 2026, from their 13F filings.
- Cathie WoodARK Investment Management0.0% of portfoliotrimmed
More on 3M
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Its groups
About
- Industry
- Conglomerates
- Sector
- Industrials
Valuation data, not investment advice. Prices as of .