Tearsheet

3M (MMM)


Market Price (9/13/2025): $158.05 | Market Cap: $84.9 Bil
Sector: Industrials | Industry: Industrial Conglomerates

3M (MMM)


Market Price (9/13/2025): $158.05
Market Cap: $84.9 Bil
Sector: Industrials
Industry: Industrial Conglomerates

Investment Highlights

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.6%
Trading close to highs
Dist 52W High is -1.0%, Dist 3Y High is -1.0%
Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -11%
1 Low stock price volatility
Vol 12M is 29%
  Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -4.1%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -8.1%
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.6%
1 Low stock price volatility
Vol 12M is 29%
2 Trading close to highs
Dist 52W High is -1.0%, Dist 3Y High is -1.0%
3 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -11%
4 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -4.1%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -8.1%

Market Valuation

 9/13/252024202320222021
Share Price CYE$158.05$127.24$87.17$90.17$128.13
Market Cap CYE ($ Bil)84.969.248.349.573.7
Total Debt ($ Bil)13.713.716.816.918.3
Total Cash ($ Bil)4.27.75.83.94.8
Enterprise Value ($ Bil)94.482.965.166.492.0
Valuation Ratios     
P/S TTM3.52.92.11.62.4
P/EBIT TTM14.611.8-4.98.011.2
P/E TTM21.617.0-7.29.514.5
Sector Ratios     
P/S TTM (Sector)1.61.41.41.11.6
P/EBIT TTM (Sector)11.510.210.08.312.1
P/E TTM (Sector)16.813.714.011.215.6
 9/13/2520242023
Share Price CYE$158.05$127.24$87.17
Market Cap CYE ($ Bil)84.969.248.3
Total Debt ($ Bil)13.713.716.8
Total Cash ($ Bil)4.27.75.8
Enterprise Value ($ Bil)94.482.965.1
Valuation Ratios   
P/S TTM3.52.92.1
P/EBIT TTM14.611.8-4.9
P/E TTM21.617.0-7.2
Sector Ratios   
P/S TTM (Sector)1.61.41.4
P/EBIT TTM (Sector)11.510.210.0
P/E TTM (Sector)16.813.714.0

Business Description

3M Company operates as a diversified technology company worldwide. It operates through four segments: Safety and Industrial; Transportation and Electronics; Health Care; and Consumer. The Safety and Industrial segment offers industrial abrasives and finishing for metalworking applications; autobody repair solutions; closure systems for personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles. Show more

Price Returns Compared

Expand for Detailed View

 202020212022202320242025Total [1]
Returns
MMM Return3%5%-30%-3%46%25%31%
Peers Return14%10%-5%22%33%29%150%
S&P 500 Return16%27%-19%24%23%12%101%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: GE, HON, EMR, GLW, DD. See MMM Returns vs. Peers.
[3] 2025 data is for the year up to 9/12/2025 (YTD)

Interactive Breakdown

3M Interactive Breakdown Analysis

Latest Trefis Analyses

Recent Active Movers

Recent Active Movers

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Peer Comparisons for 3M

Financials

MMMGEHONEMRGLWDDMedian
Name3M GE Aeros.Honeywel.Emerson .Corning DuPont d. 
Mkt Price157.87281.69211.46135.1077.0477.29146.49
Mkt Cap84.8299.4134.875.965.932.480.4
Rev LTM24,60241,60939,99017,77914,20612,60721,190
Op Inc LTM4,7907,9487,9213,3391,7132,0254,064
FCF LTM-1,9835,4924,9682,7411,1941,1081,968
FCF 3Y Avg2,2465,4824,8732,0437966932,144
CFO LTM-1,0026,5606,1943,1722,1812,0642,676
CFO 3Y Avg3,6406,5265,9342,4252,0422,0133,032

Growth & Margins

MMMGEHONEMRGLWDDMedian
Name3M GE Aeros.Honeywel.Emerson .Corning DuPont d. 
Rev Chg LTM0.2%13.0%7.1%4.8%14.6%4.6%6.0%
Rev Chg 3Y Avg-10.7%3.4%5.1%24.9%-0.3%-1.0%1.5%
Rev Chg Q1.4%21.2%8.1%3.9%18.8%2.7%6.0%
QoQ Delta Rev Chg LTM0.4%4.9%2.0%1.0%4.5%0.7%1.5%
Op Mgn LTM19.5%19.1%19.8%18.8%12.1%16.1%18.9%
Op Mgn 3Y Avg0.5%18.4%19.7%17.5%8.4%15.1%16.3%
QoQ Delta Op Mgn LTM-0.6%0.3%-0.0%0.5%2.3%0.3%0.3%
CFO/Rev LTM-4.1%15.8%15.5%17.8%15.4%16.4%15.6%
CFO/Rev 3Y Avg13.1%19.5%15.7%14.7%15.4%16.3%15.5%
FCF/Rev LTM-8.1%13.2%12.4%15.4%8.4%8.8%10.6%
FCF/Rev 3Y Avg7.9%16.3%12.9%12.4%6.0%5.5%10.1%

Valuation

MMMGEHONEMRGLWDDMedian
Name3M GE Aeros.Honeywel.Emerson .Corning DuPont d. 
Mkt Cap84.8299.4134.875.965.932.480.4
P/S3.47.23.44.34.62.63.9
P/EBIT14.631.016.223.644.038.427.3
P/E21.538.623.628.680.4-166.926.1
P/CFO-84.745.621.823.930.215.722.9
Total Yield5.6%2.6%6.4%3.9%2.8%1.4%3.3%
Dividend Yield0.9%0.0%2.2%0.4%1.5%2.0%1.2%
FCF Yield 3Y Avg4.9%3.6%3.4%3.3%2.1%2.3%3.4%
D/E0.20.10.30.20.10.20.2
Net D/E0.10.00.20.20.10.20.1

Returns

MMMGEHONEMRGLWDDMedian
Name3M GE Aeros.Honeywel.Emerson .Corning DuPont d. 
1M Rtn-1.0%4.8%-3.8%0.5%17.7%5.0%2.6%
3M Rtn11.4%19.2%-5.2%8.0%56.0%16.2%13.8%
6M Rtn6.0%43.1%2.0%21.7%66.4%1.4%13.8%
12M Rtn22.0%67.1%5.5%35.4%88.0%-1.9%28.7%
3Y Rtn76.3%542.2%22.4%75.0%155.5%44.9%75.7%
1M Excs Rtn-2.8%3.0%-5.6%-1.4%15.8%3.2%0.8%
3M Excs Rtn0.6%8.6%-14.9%-1.9%43.3%4.6%2.6%
6M Excs Rtn-10.2%27.4%-15.9%5.5%51.3%-14.9%-2.3%
12M Excs Rtn4.0%50.0%-12.4%18.8%71.4%-20.6%11.4%
3Y Excs Rtn10.8%452.8%-45.7%10.1%89.5%-19.5%10.4%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Safety and Industrial10,95611,60411,98111,73411,514
Transportation and Electronics8,5018,9029,2628,8339,591
Consumer5,0265,2925,5095,3115,151
Corporate and Other90822-2110
Other37281   
Health Care  8,6018,3457,431
Elimination of Dual Credit   -2,037-1,661
Total24,61026,16135,35532,18432,136


Operating Income by Segment
$ Mil20242023202220212020
Safety and Industrial2,3241,1352,4602,7842,510
Transportation and Electronics1,3129731,8691,8142,221
Consumer9049781,1641,2031,124
Other5570   
Corporate and Other-15,2841,213-15891-1,130
Health Care  2,0341,7901,858
Elimination of Dual Credit   -521-409
Total-10,6894,3697,3697,1616,174


Assets by Segment
$ Mil20242023202220212020
Corporate and Unallocated and Other16,195    
Non-current assets of discontinued operations11,343    
Safety and Industrial11,212  11,71111,682
Transportation and Electronics6,826  6,9976,871
Consumer2,625  2,5672,428
Current assets of discontinued operations2,379    
Corporate and Other   11,5388,888
Health Care   14,53114,790
Total50,580  47,34444,659


Price Behavior

Short Interest

Short Interest: As Of Date8292025
Short Interest: Shares Quantity7,311,555
Short Interest: % Change Since 8152025-5.6%
Average Daily Volume2,516,941
Days-to-Cover Short Interest2.90
Basic Shares Quantity537,400,000
Short % of Basic Shares1.4%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/18/2025-3.7%-6.1%-4.2%
4/22/20258.1%9.4%22.3%
1/21/20254.2%7.4%7.0%
10/22/2024-2.3%-3.4%-4.4%
7/26/202423.0%22.3%26.3%
4/30/20244.7%4.8%6.6%
1/23/2024-11.0%-10.8%-13.7%
10/24/20235.3%4.6%11.5%
...
SUMMARY STATS   
# Positive111012
# Negative141513
Median Positive4.7%6.6%6.9%
Median Negative-3.0%-3.4%-4.2%
Max Positive23.0%22.3%26.3%
Max Negative-11.0%-10.8%-15.6%

Insider Activity

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 OwnerTitleFiling DateActionPriceSharesTransacted
Value
Value of
Held Shares
Form
0Reinseth Theresa ESr Vice President & CAO8062025Sell150.633,477523,741385,701Form
1Dickson Zoe LEVP & Chief HR Officer5192025Sell148.932,074308,8811,187,900Form
2Clarke VictoriaEVP & Chief Public Affairs Off2032025Sell154.21700107,947191,841Form
3Goralski Christian T JRGroup President1272025Sell149.436,318944,070750,701Form
4Reinseth Theresa ESr Vice President & CAO11212024Sell127.711,033131,925560,399Form