Financials · MMM

3M Company (MMM) financials

For the twelve months ended Sep 30, 2026, 3M Company reported $25.25B of revenue and $3.54B of net income.

Revenue, TTM
$25.25B
Revenue growth, YoY
+1.7%
Net income, TTM
$3.54B
Net income growth, YoY
+4.0%
Net margin
14.0%
Free cash flow, TTM
$2.68B
EPS, diluted, TTM
$6.71
EPS growth, YoY
+7.2%
Cash
$4.83B
Total debt
$15.00B
P/E
27.06
P/S
3.79
Market cap
$95.67B
Annual revenue$24.95B
FY2016FY2025
Annual net income$3.25B
FY2016FY2025
Annual free cash flow$1.40B
FY2016FY2025

MMM revenue and earnings growth

MMM revenueQ3 2026$6.58B

Quarter YoY
+1.0%
QoQ
+1.3%
FY YoY
+1.5%
5Y CAGR
-5.0%
10Y CAGR
-1.9%

MMM revenue was $6.58B in fiscal Q3 2026 (ended Sep 30, 2026), up 1.0% from a year earlier and up 1.3% from the prior quarter. For the full fiscal 2025 it was $24.95B, up 1.5% from fiscal 2024. Compound annual growth was -5.0% over 5 years and -1.9% over 10 years. It rose in 5 of the last 10 fiscal years.

MMM net incomeQ3 2026$1.37B

Quarter YoY
+64.6%
QoQ
+47.2%
FY YoY
-22.1%
5Y CAGR
-9.8%
10Y CAGR
-3.9%

MMM net income was $1.37B in fiscal Q3 2026 (ended Sep 30, 2026), up 64.6% from a year earlier and up 47.2% from the prior quarter. For the full fiscal 2025 it was $3.25B, down 22.1% from fiscal 2024. Compound annual growth was -9.8% over 5 years and -3.9% over 10 years.

MMM EPSQ3 2026$2.63

Quarter YoY
+69.7%
QoQ
+47.8%
FY YoY
-20.5%
5Y CAGR
-8.5%
10Y CAGR
-2.3%

MMM diluted EPS was $2.63 in fiscal Q3 2026 (ended Sep 30, 2026), up 69.7% from a year earlier and up 47.8% from the prior quarter. For the full fiscal 2025 it was $6.00, down 20.5% from fiscal 2024. Compound annual growth was -8.5% over 5 years and -2.3% over 10 years.

MMM free cash flowQ3 2026$230.00M

Quarter YoY
-85.0%
QoQ
-69.9%
FY YoY
+118.8%
5Y CAGR
-26.7%
10Y CAGR
-11.9%

MMM free cash flow was $230.00M in fiscal Q3 2026 (ended Sep 30, 2026), down 85.0% from a year earlier and down 69.9% from the prior quarter. For the full fiscal 2025 it was $1.40B, up 118.8% from fiscal 2024. Compound annual growth was -26.7% over 5 years and -11.9% over 10 years. It rose in 5 of the last 10 fiscal years.

Export CSV

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$24.95B$24.57B$24.61B$26.16B$35.35B$32.18B$32.14B$32.77B$31.66B$30.11B
Cost of revenue$14.99B$14.45B$14.98B$15.85B$18.80B$16.61B$17.14B$16.68B$16.05B$15.12B
Gross profit$9.96B$10.13B$9.63B$10.31B$16.56B$15.58B$15.00B$16.08B$15.60B$14.99B
Research and development-$700.00M$700.00M$800.00M$1.20B$1.10B$1.25B$1.25B$1.35B$1.25B
Selling, general and admin$4.00B$4.22B$19.20B$7.23B$7.20B$6.93B$7.03B$7.60B$6.63B$6.31B
Operating income$4.63B$4.82B-$10.69B$4.37B$7.37B$7.16B$6.17B$7.21B$7.69B$7.03B
Interest expense$946.00M$1.19B$941.00M$462.00M$488.00M$529.00M$448.00M$350.00M$322.00M$199.00M
Pre-tax income$4.21B$4.82B-$11.27B$4.20B$7.20B$6.79B$5.64B$7.00B$7.55B$7.05B
Income tax$1.00B$804.00M-$2.87B$188.00M$1.28B$1.34B$1.11B$1.64B$2.68B$2.00B
Net income$3.25B$4.17B-$7.00B$5.78B$5.92B$5.45B$4.52B$5.35B$4.86B$5.05B
EPS, basic$6.05$7.58-$12.63$10.21$10.23$9.43$7.83$9.09$8.13$8.35
EPS, diluted$6.00$7.55-$12.63$10.18$10.12$9.36$7.72$8.89$7.93$8.16
Diluted shares541.3M552.4M553.9M567.6M585.3M582.2M585.1M602.0M612.7M618.7M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$5.24B$5.60B$5.93B$3.65B$4.56B$4.63B-$2.85B$3.05B$2.40B
Short-term investments-----$404.00M$98.00M$380.00M$1.08B-
Receivables$3.53B$3.19B$3.60B$4.53B$4.66B$4.71B$4.79B$5.02B$4.91B$4.39B
Inventory$3.66B$3.70B$3.94B$5.37B$4.99B$4.24B$4.13B$4.37B$4.03B$3.38B
Current assets$16.39B$15.88B$16.38B$14.69B$15.40B$14.98B$12.97B$13.71B$14.28B$11.73B
Goodwill$6.42B$6.28B$6.38B$6.34B$13.49B$13.80B$13.44B$10.05B$10.51B$9.17B
Total assets$37.73B$39.87B$50.58B$46.45B$47.07B$47.34B$44.66B$36.50B$37.99B$32.91B
Current liabilities$9.60B$11.26B$15.30B$9.52B$9.04B$7.95B$9.22B$7.24B$7.69B$6.22B
Short-term debt$1.67B$1.92B$2.95B$1.94B$1.31B$806.00M$2.79B$1.21B$1.85B$972.00M
Long-term debt$10.93B$11.13B$13.09B$14.00B$16.06B$17.99B$17.52B$13.41B$12.10B$10.68B
Total debt$12.60B$13.04B$16.04B$15.94B$17.36B$18.80B$20.31B$14.62B$13.95B$11.65B
Total liabilities$32.99B$35.97B$45.71B$31.68B$31.95B$34.41B$34.53B$26.65B$26.36B$22.56B
Shareholders' equity$4.70B$3.89B$4.87B$14.77B$15.12B$12.93B$10.13B$9.85B$11.62B$10.34B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$2.31B$1.82B$6.68B$5.59B$7.45B$8.11B$7.07B$6.44B$6.24B$6.66B
Capital expenditures$910.00M$1.18B$1.61B$1.75B$1.60B$1.50B$1.70B$1.58B$1.37B$1.42B
Free cash flow$1.40B$638.00M$5.07B$3.84B$5.85B$6.61B$5.37B$4.86B$4.87B$5.24B
Investing cash flow$1.35B-$3.21B-$1.21B-$1.05B-$1.32B-$580.00M-$6.44B$222.00M-$3.09B-$1.40B
Financing cash flow-$4.02B$1.10B-$3.15B-$5.35B-$6.14B-$5.30B-$1.12B-$6.70B-$2.65B-$4.63B
Dividends paid$1.56B$1.98B$3.31B$3.37B$3.42B$3.39B$3.32B$3.19B$2.80B$2.68B
Share repurchases$3.25B$1.80B$33.00M$1.46B$2.20B$368.00M$1.41B$4.87B$2.07B$3.75B
Stock-based compensation$225.00M$289.00M$274.00M$263.00M$274.00M$262.00M$278.00M$302.00M$324.00M$298.00M
Depreciation and amortization$1.31B$1.36B$1.99B$1.83B$1.92B$1.91B$1.59B$1.49B$1.54B$1.47B

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY1.5%-0.1%-5.9%-26.0%9.9%0.1%-1.9%3.5%5.1%-0.5%
Net income growth, YoY-22.1%---2.4%8.7%20.6%-15.6%10.1%-3.8%4.5%
EPS growth, YoY-20.5%--0.6%8.1%21.2%-13.2%12.1%-2.8%7.7%
Gross margin39.9%41.2%39.1%39.4%46.8%48.4%46.7%49.1%49.3%49.8%
Operating margin18.6%19.6%-43.4%16.7%20.8%22.3%19.2%22.0%24.3%23.3%
Net margin13.0%17.0%-28.4%22.1%16.7%16.9%14.1%16.3%15.3%16.8%
Free cash flow margin5.6%2.6%20.6%14.7%16.5%20.5%16.7%14.8%15.4%17.4%
Return on equity69.1%107.2%-143.7%39.1%39.2%42.1%44.6%54.3%41.8%48.8%
Return on assets8.6%10.5%-13.8%12.4%12.6%11.5%10.1%14.7%12.8%15.3%
Current ratio1.711.411.071.541.701.891.411.891.861.89
Debt to equity2.683.353.291.081.151.452.011.481.201.13

Source: XBRL data 3M Company files with the SEC, latest filing dated Oct 20, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

MMM peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
MMM$25.25B+1.7%$3.54B14.0%$95.67B
SYK$26.30B+7.9%$3.62B13.8%$124.05B
BSX$21.07B+8.9%$3.50B16.6%$61.96B
BDX$23.25B+17.4%$941.00M4.0%$57.71B
MDLN$30.68B-$683.00M2.2%$52.13B
RMD$5.73B+9.0%$1.59B27.8%$33.10B
DXCM$5.10B+13.0%$991.00M19.4%$29.62B
WST$3.40B+12.6%$638.90M18.8%$27.85B
SOLV$8.16B-2.8%$156.00M1.9%$15.38B

MMM FAQ

9 questions
  • What is MMM revenue?
    3M Company (MMM) reported $25.25B of revenue for the twelve months ended Sep 30, 2026. That is up 1.7% from the year before. Revenue for fiscal 2025 was $24.95B.
  • Is MMM profitable?
    Yes. 3M Company earned $3.54B in net income for the twelve months ended Sep 30, 2026, a net margin of 14.0%.
  • How much cash and debt does MMM have?
    3M Company reported $4.83B in cash and cash equivalents and $15.00B of debt on its most recent balance sheet in SEC filings.
  • How fast is MMM revenue growing?
    3M Company's revenue changed +1.5% in fiscal 2025, to $24.95B. Its compound annual growth rate was -5.0% over 5 years and -1.9% over 10 years.
  • What is MMM gross margin?
    3M Company's gross profit was $9.98B on $25.25B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 39.5%.
  • What is MMM free cash flow?
    3M Company generated $2.68B of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $3.63B less capital expenditures.
  • What is MMM earnings per share?
    Diluted earnings per share were $6.71 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did MMM last report financial results?
    The latest statements here come from 3M Company's 10-Q filed on Oct 20, 2026, covering the period ended Sep 30, 2026.
  • Where does this MMM financial data come from?
    Quantisnow builds these statements from the structured XBRL data 3M Company files with the SEC. It is provided for information only and is not investment advice.