What is 3M Corp's earnings per share (EPS)?

3M Corp (MMM) reported diluted earnings per share of $6.00 for fiscal year 2025. This represents a -20.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

3M Corp Financials

MMM

Trailing 12 months to June 30, 2026

Revenue $25.2B +2.3% YoY

Net Income $3.0B -23.9% YoY

EPS (Diluted) $5.63 -21.7% YoY

Free Cash Flow $4.0B +301.0% YoY

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 21, 2026 Currency USD FYE December

3M Corp (MMM) reported $25.2B in revenue over the twelve months to Jun 30, 2026, up 2.3% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI MMM FY2025 2026-08-29

An expense distortion broke earnings in FY2023, while FY2025 shows recovery constrained by weaker margins and incomplete cash conversion.

Accounting profit and cash generation moved in opposite directions in FY2025: net income fell to $3.3B from $4.2B, yet operating cash flow rose to $2.3B from $1.8B. That divergence means reported earnings are not currently translating into cash at a stable rate; free cash flow improved to $1.4B, but remained only 5.6% of revenue.

The FY2023 earnings collapse was expense-driven rather than volume-driven: revenue was broadly stable near $25B, while selling, general and administrative expense jumped to $19.2B before falling to $4.2B in FY2024. The operating margin consequently swung from -43.4% to 19.6%, showing how strongly unusual cost charges shaped the reported cycle.

Balance-sheet pressure eased but leverage remains structurally high. From FY2024 to FY2025, total liabilities declined to $33.0B and equity increased to $4.7B, bringing debt-to-equity down from 2.9x to 2.3x; the current ratio also recovered to 1.7. This is improved financial flexibility, but it reflects a still-thin equity base rather than a lightly financed balance sheet.

Financial Health Signals

Financial Health Score 46/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of 3M Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

3M Corp has an operating margin of 18.6%, meaning the company retains $19 of operating profit per $100 of revenue. This results in a moderate score of 44/100, indicating healthy but not exceptional operating efficiency. This is down from 19.6% the prior year.

Growth

3M Corp's revenue grew a modest 1.5% year-over-year to $24.9B. This slow but positive growth earns a score of 34/100.

Leverage

3M Corp has a moderate D/E ratio of 2.33. This balance of debt and equity financing earns a leverage score of 47/100.

Liquidity

3M Corp's current ratio of 1.71 indicates adequate short-term liquidity, earning a score of 49/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

3M Corp has a free cash flow margin of 5.6%, earning a moderate score of 59/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

3M Corp's ROE of 69.1% shows moderate profitability relative to equity, earning a score of 44/100. This is down from 108.6% the prior year.

Altman Z-Score Safe

4.31

3M Corp scores 4.31, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

5/9

3M Corp passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed

0.71x

For every $1 of reported earnings, 3M Corp generates $0.71 in operating cash flow ($2.3B OCF vs $3.3B net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage Safe

10.33x

3M Corp earns $10.33 in operating income for every $1 of interest expense ($4.6B vs $448.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$24.9B

YoY+1.5%

5Y CAGR-5.0%

10Y CAGR-1.9%

3M Corp generated $24.9B in revenue in fiscal year 2025. This represents an increase of 1.5% from the prior year.

EBITDA

$5.9B

YoY-4.0%

5Y CAGR-8.1%

10Y CAGR-3.4%

3M Corp's EBITDA was $5.9B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 4.0% from the prior year.

Net Income

$3.3B

YoY-22.1%

5Y CAGR-9.8%

10Y CAGR-3.9%

3M Corp reported $3.3B in net income in fiscal year 2025. This represents a decrease of 22.1% from the prior year.

EPS (Diluted)

$6.00

YoY-20.5%

5Y CAGR-8.5%

10Y CAGR-2.3%

3M Corp earned $6.00 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 20.5% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$1.4B

YoY+118.8%

5Y CAGR-26.7%

10Y CAGR-11.9%

3M Corp generated $1.4B in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 118.8% from the prior year.

Cash & Debt

$5.2B

YoY-6.5%

5Y CAGR+2.5%

3M Corp held $5.2B in cash against $10.9B in long-term debt as of fiscal year 2025.

Dividends Per Share

$2.92

YoY-19.1%

5Y CAGR-13.1%

10Y CAGR-0.5%

3M Corp paid $2.92 per share in dividends in fiscal year 2025. This represents a decrease of 19.1% from the prior year.

Shares Outstanding

527M

YoY-3.0%

5Y CAGR-1.9%

10Y CAGR-1.4%

3M Corp had 527M shares outstanding in fiscal year 2025. This represents a decrease of 3.0% from the prior year.

Margins & Returns

Gross Margin

39.9%

YoY-1.3pp

5Y CAGR-8.5pp

10Y CAGR-9.4pp

3M Corp's gross margin was 39.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 1.3 percentage points from the prior year.

Operating Margin

18.6%

YoY-1.1pp

5Y CAGR-3.7pp

10Y CAGR-4.5pp

3M Corp's operating margin was 18.6% in fiscal year 2025, reflecting core business profitability. This is down 1.1 percentage points from the prior year.

Net Margin

13.0%

YoY-4.0pp

5Y CAGR-3.9pp

10Y CAGR-2.9pp

3M Corp's net profit margin was 13.0% in fiscal year 2025, showing the share of revenue converted to profit. This is down 4.0 percentage points from the prior year.

Return on Equity

69.1%

YoY-39.5pp

5Y CAGR+26.8pp

10Y CAGR+26.8pp

3M Corp's ROE was 69.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 39.5 percentage points from the prior year.

Capital Allocation

Share Buybacks

$3.3B

YoY+80.5%

5Y CAGR+54.6%

10Y CAGR-4.7%

3M Corp spent $3.3B on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 80.5% from the prior year.

Capital Expenditures

$910.0M

YoY-22.9%

5Y CAGR-9.5%

10Y CAGR-4.6%

3M Corp invested $910.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 22.9% from the prior year.

R&D Spending

Not reported for fiscal year 2025.

MMM Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

MMM quarterly income statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Revenue	$25.2B	$24.9B+1.5%	$24.6B-0.1%	$24.6B-5.9%	$26.2B-26.0%	$35.4B+9.9%	$32.2B+0.1%	$32.1B-1.9%	$32.8B+3.5%	$31.7B+5.1%	$30.1B-0.5%	$30.3B-4.9%	$31.8B+3.1%	$30.9B+3.2%	$29.9B+1.0%	$29.6B
Cost of Revenue	$15.3B	$15.0B+3.8%	$14.4B-3.6%	$15.0B-5.5%	$15.9B-15.7%	$18.8B+13.2%	$16.6B-3.1%	$17.1B+2.7%	$16.7B+3.9%	$16.1B+6.2%	$15.1B-1.5%	$15.4B-6.7%	$16.4B+2.1%	$16.1B+2.7%	$15.7B-0.1%	$15.7B
Gross Profit	$9.9B	$10.0B-1.7%	$10.1B+5.2%	$9.6B-6.6%	$10.3B-37.8%	$16.6B+6.3%	$15.6B+3.9%	$15.0B-6.7%	$16.1B+3.1%	$15.6B+4.1%	$15.0B+0.5%	$14.9B-2.9%	$15.4B+4.1%	$14.8B+3.8%	$14.2B+2.2%	$13.9B
R&D Expenses	N/A	N/A	$700.0M0.0%	$700.0M-12.5%	$800.0M-33.3%	$1.2B+9.1%	$1.1B-12.2%	$1.3B0.0%	$1.3B-7.3%	$1.4B+8.3%	$1.2B+2.3%	$1.2B+2.3%	$1.2B+3.7%	$1.1B+6.6%	$1.1B+4.2%	$1.0B
SG&A Expenses	$3.6B	$4.0B-5.3%	$4.2B-78.0%	$19.2B+165.5%	$7.2B+0.5%	$7.2B+3.9%	$6.9B-1.4%	$7.0B-7.5%	$7.6B+14.7%	$6.6B+5.0%	$6.3B+1.3%	$6.2B-3.6%	$6.5B+1.3%	$6.4B+4.6%	$6.1B-1.1%	$6.2B
Operating Income	$4.6B	$4.6B-4.0%	$4.8B+145.1%	-$10.7B-344.7%	$4.4B-40.7%	$7.4B+2.9%	$7.2B+16.0%	$6.2B-14.3%	$7.2B-6.3%	$7.7B+9.5%	$7.0B+0.7%	$7.0B-2.2%	$7.1B+7.0%	$6.7B+2.8%	$6.5B+4.9%	$6.2B
Interest Expense	$434.0M	$448.0M-5.1%	$472.0M-49.9%	$942.0M+103.9%	$462.0M-5.3%	$488.0M-7.8%	$529.0M+18.1%	$448.0M+28.0%	$350.0M+8.7%	$322.0M+61.8%	$199.0M+33.6%	$149.0M+4.9%	$142.0M-2.1%	$145.0M-15.2%	$171.0M-8.1%	$186.0M
Income Tax	$897.0M	$1.0B+24.8%	$804.0M+128.0%	-$2.9B-1625.0%	$188.0M-85.4%	$1.3B-3.9%	$1.3B+20.0%	$1.1B-31.9%	$1.6B-38.9%	$2.7B+34.3%	$2.0B+0.7%	$2.0B-2.3%	$2.0B+10.2%	$1.8B+0.1%	$1.8B+9.9%	$1.7B
Net Income	$3.0B	$3.3B-22.1%	$4.2B+159.7%	-$7.0B-221.1%	$5.8B-2.4%	$5.9B+8.7%	$5.4B+20.6%	$4.5B-15.6%	$5.3B+10.1%	$4.9B-3.8%	$5.0B+4.5%	$4.8B-2.5%	$5.0B+6.4%	$4.7B+4.8%	$4.4B+3.8%	$4.3B
EPS (Diluted)	$5.63	$6.00-20.5%	$7.55+159.8%	-$12.63-224.1%	$10.18+0.6%	$10.12+8.1%	$9.36+21.2%	$7.72-13.2%	$8.89+12.1%	$7.93-2.8%	$8.16+7.7%	$7.58+1.2%	$7.49+11.5%	$6.72+6.3%	$6.32+6.0%	$5.96

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$6.5B+7.8%	$6.0B-1.7%	$6.1B-5.9%	$6.5B+2.7%	$6.3B+6.6%	$6.0B-0.9%	$6.0B-4.5%	$6.3B
Cost of Revenue	$3.8B+6.8%	$3.6B-12.3%	$4.1B+7.5%	$3.8B+4.0%	$3.6B+4.8%	$3.5B-7.1%	$3.7B+2.7%	$3.6B
Gross Profit	$2.7B+9.2%	$2.5B+19.3%	$2.1B-24.5%	$2.7B+1.0%	$2.7B+9.0%	$2.5B+9.3%	$2.3B-14.4%	$2.6B
SG&A Expenses	$1.1B+42.6%	$744.0M-22.9%	$965.0M+17.7%	$820.0M-35.3%	$1.3B+34.1%	$945.0M	N/A	$1.1B
Operating Income	$984.0M-29.6%	$1.4B+75.5%	$796.0M-45.0%	$1.4B+26.9%	$1.1B-8.5%	$1.2B	N/A	$1.3B
Interest Expense	$106.0M0.0%	$106.0M-1.9%	$108.0M-5.3%	$114.0M-1.7%	$116.0M+5.5%	$110.0M	N/A	$114.0M
Income Tax	$183.0M-17.2%	$221.0M+19.5%	$185.0M-39.9%	$308.0M+25.7%	$245.0M-7.5%	$265.0M	N/A	$348.0M
Net Income	$933.0M+42.9%	$653.0M+13.2%	$577.0M-30.8%	$834.0M+15.4%	$723.0M-35.2%	$1.1B+53.3%	$728.0M-46.9%	$1.4B
EPS (Diluted)	$1.78+44.7%	$1.23+15.0%	$1.07-31.0%	$1.55+15.7%	$1.34-34.3%	$2.04+53.4%	$1.33-46.4%	$2.48

Not reported in any period shown, so not listed: R&D Expenses.

MMM Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

MMM quarterly balance sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Total Assets	$37.7B-5.4%	$39.9B-21.2%	$50.6B+8.9%	$46.5B-1.3%	$47.1B-0.6%	$47.3B+6.0%	$44.7B+22.4%	$36.5B-3.9%	$38.0B+15.4%	$32.9B+0.1%	$32.9B+4.8%	$31.4B-5.8%	$33.3B-1.7%	$33.9B+7.1%	$31.6B
Current Assets	$16.4B+3.2%	$15.9B-3.0%	$16.4B+11.5%	$14.7B-4.6%	$15.4B+2.8%	$15.0B+15.5%	$13.0B-5.4%	$13.7B-4.0%	$14.3B+21.8%	$11.7B+6.7%	$11.0B-10.7%	$12.3B-3.4%	$12.7B-6.6%	$13.6B+11.4%	$12.2B
Cash & Equivalents	$5.2B-6.5%	$5.6B-5.6%	$5.9B+62.3%	$3.7B-19.9%	$4.6B-1.5%	$4.6B	N/A	$2.9B-6.6%	$3.1B+27.3%	$2.4B+33.4%	$1.8B-5.2%	$1.9B-26.5%	$2.6B-10.5%	$2.9B+29.9%	$2.2B
Inventory	$3.7B-1.0%	$3.7B-6.2%	$3.9B-26.6%	$5.4B+7.8%	$5.0B+17.6%	$4.2B+2.5%	$4.1B-5.3%	$4.4B+8.2%	$4.0B+19.2%	$3.4B-3.8%	$3.5B-5.1%	$3.7B-4.1%	$3.9B+0.7%	$3.8B+12.3%	$3.4B
Accounts Receivable	$3.5B+10.6%	$3.2B-11.3%	$3.6B-20.5%	$4.5B-2.7%	$4.7B-1.0%	$4.7B-1.8%	$4.8B-4.6%	$5.0B+2.2%	$4.9B+11.8%	$4.4B+5.7%	$4.2B-2.0%	$4.2B-0.4%	$4.3B+4.7%	$4.1B+5.0%	$3.9B
Goodwill	$6.4B+2.2%	$6.3B-1.6%	$6.4B+0.7%	$6.3B-53.0%	$13.5B-2.3%	$13.8B+2.7%	$13.4B+33.8%	$10.1B-4.4%	$10.5B+14.7%	$9.2B-0.9%	$9.2B+31.2%	$7.0B-4.0%	$7.3B-0.5%	$7.4B+4.8%	$7.0B
Total Liabilities	$33.0B-8.3%	$36.0B-21.3%	$45.7B+44.3%	$31.7B-0.8%	$32.0B-7.1%	$34.4B-0.3%	$34.5B+29.6%	$26.7B+1.1%	$26.4B+16.9%	$22.6B+5.4%	$21.4B+18.5%	$18.1B+15.8%	$15.6B-1.5%	$15.8B+0.5%	$15.8B
Current Liabilities	$9.6B-14.8%	$11.3B-26.4%	$15.3B+60.6%	$9.5B+5.4%	$9.0B+13.7%	$7.9B-13.8%	$9.2B+27.3%	$7.2B-5.8%	$7.7B+23.6%	$6.2B-12.6%	$7.1B+19.3%	$6.0B-20.5%	$7.5B+20.9%	$6.2B+13.9%	$5.4B
Long-Term Debt	$10.9B-1.7%	$11.1B-15.0%	$13.1B-6.5%	$14.0B-12.8%	$16.1B-10.7%	$18.0B+2.7%	$17.5B+30.6%	$13.4B+10.9%	$12.1B+13.3%	$10.7B+22.0%	$8.8B+30.5%	$6.7B+55.0%	$4.3B-12.0%	$4.9B+9.6%	$4.5B
Total Equity	$4.7B+22.4%	$3.8B-20.1%	$4.8B-67.3%	$14.7B-2.2%	$15.0B+16.9%	$12.9B+27.9%	$10.1B+2.7%	$9.8B-15.3%	$11.6B+12.3%	$10.3B-9.9%	$11.4B-12.8%	$13.1B-25.1%	$17.5B-0.4%	$17.6B+14.0%	$15.4B
Retained Earnings	$38.3B+4.0%	$36.8B-1.8%	$37.5B-21.8%	$48.0B+4.6%	$45.8B+4.6%	$43.8B+4.0%	$42.1B+3.7%	$40.6B+3.9%	$39.1B+3.2%	$37.9B+4.4%	$36.3B+5.8%	$34.3B+5.9%	$32.4B+5.7%	$30.7B+8.2%	$28.3B

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$34.9B-1.4%	$35.4B-6.1%	$37.7B+0.3%	$37.6B-1.0%	$38.0B-4.9%	$40.0B+0.2%	$39.9B-2.5%	$40.9B
Current Assets	$14.1B-2.0%	$14.4B-12.2%	$16.4B+1.9%	$16.1B+19.8%	$13.4B-14.2%	$15.7B-1.4%	$15.9B-2.5%	$16.3B
Cash & Equivalents	$3.0B-20.8%	$3.7B-28.8%	$5.2B+12.1%	$4.7B+25.8%	$3.7B-41.3%	$6.3B+13.0%	$5.6B-7.4%	$6.0B
Inventory	$3.8B+2.2%	$3.7B+0.8%	$3.7B-6.0%	$3.9B-4.5%	$4.1B+5.4%	$3.9B+4.6%	$3.7B-8.4%	$4.0B
Accounts Receivable	$3.9B+4.6%	$3.8B+6.3%	$3.5B-6.5%	$3.8B+0.5%	$3.8B+7.4%	$3.5B+9.6%	$3.2B-9.5%	$3.5B
Goodwill	$6.4B-0.2%	$6.4B-0.5%	$6.4B0.0%	$6.4B-0.3%	$6.4B+1.5%	$6.3B+0.9%	$6.3B-1.8%	$6.4B
Total Liabilities	$31.9B-0.6%	$32.1B-2.6%	$33.0B+0.2%	$32.9B-2.1%	$33.6B-5.1%	$35.4B-1.5%	$36.0B-0.6%	$36.2B
Current Liabilities	$11.4B+26.0%	$9.0B-5.9%	$9.6B+9.9%	$8.7B+11.8%	$7.8B-17.4%	$9.5B-16.0%	$11.3B-1.2%	$11.4B
Long-Term Debt	$10.9B0.0%	$10.9B-0.2%	$10.9B-7.8%	$11.9B-5.0%	$12.5B+1.4%	$12.3B+10.6%	$11.1B-1.7%	$11.3B
Total Equity	$3.0B-9.5%	$3.3B-30.6%	$4.7B+1.6%	$4.6B+7.9%	$4.3B-3.9%	$4.5B+16.2%	$3.8B-17.2%	$4.6B
Retained Earnings	$38.6B+1.2%	$38.2B-0.3%	$38.3B+0.4%	$38.1B+1.1%	$37.7B+0.7%	$37.4B+1.7%	$36.8B+0.9%	$36.5B

MMM Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

MMM quarterly cash flow statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Operating Cash Flow	$4.9B	$2.3B+26.8%	$1.8B-72.8%	$6.7B+19.5%	$5.6B-25.0%	$7.5B-8.1%	$8.1B+14.8%	$7.1B+9.8%	$6.4B+3.2%	$6.2B-6.3%	$6.7B+3.8%	$6.4B-3.1%	$6.6B+13.9%	$5.8B+9.8%	$5.3B+0.3%	$5.3B
Capital Expenditures	$914.0M	$910.0M-22.9%	$1.2B-26.9%	$1.6B-7.7%	$1.7B+9.1%	$1.6B+6.8%	$1.5B-11.7%	$1.7B+7.7%	$1.6B+14.9%	$1.4B-3.3%	$1.4B-2.8%	$1.5B-2.1%	$1.5B-10.3%	$1.7B+12.2%	$1.5B+7.6%	$1.4B
Free Cash Flow	$4.0B	$1.4B+118.8%	$638.0M-87.4%	$5.1B+31.8%	$3.8B-34.3%	$5.9B-11.5%	$6.6B+23.1%	$5.4B+10.5%	$4.9B-0.1%	$4.9B-7.2%	$5.2B+5.7%	$5.0B-3.4%	$5.1B+23.6%	$4.2B+8.8%	$3.8B-2.3%	$3.9B
Investing Cash Flow	-$363.0M	$1.4B+142.1%	-$3.2B-165.6%	-$1.2B-15.4%	-$1.0B+20.6%	-$1.3B-127.1%	-$580.0M+91.0%	-$6.4B-3002.7%	$222.0M+107.2%	-$3.1B-120.0%	-$1.4B+50.2%	-$2.8B	N/A	N/A	N/A	N/A
Financing Cash Flow	-$5.3B	-$4.0B-465.8%	$1.1B+134.9%	-$3.1B+41.2%	-$5.3B+12.9%	-$6.1B-15.9%	-$5.3B-371.5%	-$1.1B+83.2%	-$6.7B-152.4%	-$2.7B+42.6%	-$4.6B-26.8%	-$3.6B	N/A	N/A	N/A	N/A
Dividends Paid	$1.6B	$1.6B-21.2%	$2.0B-40.1%	$3.3B-1.7%	$3.4B-1.5%	$3.4B+0.9%	$3.4B+2.2%	$3.3B+3.9%	$3.2B+13.9%	$2.8B+4.7%	$2.7B+4.6%	$2.6B+15.6%	$2.2B+28.1%	$1.7B+5.8%	$1.6B+5.1%	$1.6B
Share Buybacks	$4.0B	$3.3B+80.5%	$1.8B+5357.6%	$33.0M-97.7%	$1.5B-33.4%	$2.2B+497.6%	$368.0M-73.8%	$1.4B-71.1%	$4.9B+135.5%	$2.1B-44.9%	$3.8B-28.4%	$5.2B-7.3%	$5.7B+8.4%	$5.2B+136.5%	$2.2B-18.4%	$2.7B

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	$986.0M+71.8%	$574.0M-63.7%	$1.6B-9.9%	$1.8B+284.1%	-$954.0M-1107.6%	-$79.0M-104.3%	$1.8B+201.7%	-$1.8B
Capital Expenditures	$223.0M-0.9%	$225.0M-9.3%	$248.0M+13.8%	$218.0M+4.8%	$208.0M-11.9%	$236.0M-18.9%	$291.0M+18.3%	$246.0M
Free Cash Flow	$763.0M+118.6%	$349.0M-73.9%	$1.3B-13.2%	$1.5B+232.4%	-$1.2B-268.9%	-$315.0M-120.6%	$1.5B+175.1%	-$2.0B
Investing Cash Flow	-$483.0M-905.0%	$60.0M+114.8%	-$405.0M-187.1%	$465.0M+564.3%	$70.0M-94.3%	$1.2B+206.5%	-$1.1B+4.8%	-$1.2B
Financing Cash Flow	-$1.3B+37.2%	-$2.1B-244.2%	-$617.0M+48.9%	-$1.2B+31.7%	-$1.8B-319.2%	-$422.0M+60.9%	-$1.1B+0.5%	-$1.1B
Dividends Paid	$401.0M-2.7%	$412.0M+6.5%	$387.0M-0.5%	$389.0M-0.3%	$390.0M-1.5%	$396.0M+4.8%	$378.0M-1.3%	$383.0M
Share Buybacks	$994.0M-50.3%	$2.0B+262.1%	$552.0M+16.9%	$472.0M-50.5%	$953.0M-25.2%	$1.3B+80.7%	$705.0M+4.4%	$675.0M

MMM Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

MMM quarterly financial ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Gross Margin	39.9%-1.3pp	41.2%+2.1pp	39.1%-0.3pp	39.4%-7.4pp	46.8%-1.6pp	48.4%+1.7pp	46.7%-2.4pp	49.1%-0.2pp	49.3%-0.5pp	49.8%+0.5pp	49.3%+1.0pp	48.3%+0.5pp	47.8%+0.3pp	47.5%+0.6pp	47.0%
Operating Margin	18.6%-1.1pp	19.6%+63.1pp	-43.4%-60.1pp	16.7%-4.1pp	20.8%-1.4pp	22.3%+3.0pp	19.2%-2.8pp	22.0%-2.3pp	24.3%+1.0pp	23.3%+0.3pp	23.1%+0.6pp	22.4%+0.8pp	21.6%-0.1pp	21.7%+0.8pp	20.9%
Net Margin	13.0%-4.0pp	17.0%+45.4pp	-28.4%-50.5pp	22.1%+5.3pp	16.8%-0.2pp	16.9%+2.9pp	14.1%-2.3pp	16.3%+1.0pp	15.3%-1.4pp	16.8%+0.8pp	16.0%+0.4pp	15.6%+0.5pp	15.1%+0.2pp	14.9%+0.4pp	14.5%
Return on Equity	69.1%-39.5pp	108.6%+254.1pp	-145.5%-184.8pp	39.2%-0.1pp	39.4%-3.0pp	42.4%-2.5pp	44.9%-9.7pp	54.6%+12.6pp	42.0%-7.0pp	49.0%+6.8pp	42.3%+4.5pp	37.8%+11.2pp	26.6%+1.3pp	25.3%-2.5pp	27.8%
Return on Assets	8.6%-1.9pp	10.5%+24.3pp	-13.8%-26.3pp	12.4%-0.1pp	12.6%+1.1pp	11.5%+1.4pp	10.1%-4.5pp	14.6%+1.9pp	12.8%-2.6pp	15.3%+0.7pp	14.7%-1.1pp	15.8%+1.8pp	14.0%+0.9pp	13.1%-0.4pp	13.6%
Current Ratio	1.71+0.3x	1.41+0.3x	1.07-0.5x	1.54-0.2x	1.70-0.2x	1.89+0.5x	1.41-0.5x	1.890.0x	1.860.0x	1.89+0.3x	1.54-0.5x	2.06+0.4x	1.70-0.5x	2.20-0.1x	2.25
Debt-to-Equity	2.33-0.6x	2.90+0.2x	2.72+1.8x	0.95-0.1x	1.07-0.3x	1.40-0.3x	1.74+0.4x	1.37+0.3x	1.050.0x	1.04+0.3x	0.77+0.3x	0.51+0.3x	0.250.0x	0.280.0x	0.29
FCF Margin	5.6%+3.0pp	2.6%-18.0pp	20.6%+5.9pp	14.7%-1.9pp	16.6%-4.0pp	20.5%+3.8pp	16.7%+1.9pp	14.8%-0.5pp	15.4%-2.0pp	17.4%+1.0pp	16.4%+0.3pp	16.1%+2.7pp	13.5%+0.7pp	12.8%-0.4pp	13.2%

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Gross Margin	41.3%+0.6pp	40.7%+7.2pp	33.6%-8.3pp	41.8%-0.7pp	42.5%+0.9pp	41.6%+3.9pp	37.7%-4.4pp	42.1%
Operating Margin	15.1%-8.0pp	23.2%+10.2pp	13.0%-9.2pp	22.2%+4.2pp	18.0%-3.0pp	20.9%	N/A	20.9%
Net Margin	14.3%+3.5pp	10.8%+1.4pp	9.4%-3.4pp	12.8%+1.4pp	11.4%-7.3pp	18.7%+6.6pp	12.1%-9.7pp	21.8%
Return on Equity	31.6%+11.6pp	20.0%+7.7pp	12.3%-5.8pp	18.0%+1.2pp	16.9%-8.1pp	25.0%+6.0pp	18.9%-10.6pp	29.6%
Return on Assets	2.7%+0.8pp	1.8%+0.3pp	1.5%-0.7pp	2.2%+0.3pp	1.9%-0.9pp	2.8%+1.0pp	1.8%-1.5pp	3.4%
Current Ratio	1.24-0.4x	1.59-0.1x	1.71-0.1x	1.84+0.1x	1.72+0.1x	1.66+0.2x	1.410.0x	1.43
Debt-to-Equity	3.69+0.4x	3.34+1.0x	2.33-0.2x	2.56-0.3x	2.91+0.2x	2.76-0.1x	2.90+0.5x	2.44
FCF Margin	11.7%+6.0pp	5.8%-16.0pp	21.8%-1.8pp	23.6%+41.9pp	-18.3%-13.0pp	-5.3%-30.7pp	25.4%+57.7pp	-32.3%

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Where 3M Corp Ranks

Frequently Asked Questions

What is 3M Corp's annual revenue?

3M Corp (MMM) reported $24.9B in total revenue for fiscal year 2025. This represents a 1.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is 3M Corp's revenue growing?

3M Corp (MMM) revenue grew by 1.5% year-over-year, from $24.6B to $24.9B in fiscal year 2025.

Is 3M Corp profitable?

Yes, 3M Corp (MMM) reported a net income of $3.3B in fiscal year 2025, with a net profit margin of 13.0%.

What is 3M Corp's EBITDA?

3M Corp (MMM) had EBITDA of $5.9B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does 3M Corp have?

As of fiscal year 2025, 3M Corp (MMM) had $5.2B in cash and equivalents against $10.9B in long-term debt.

What is 3M Corp's gross margin?

3M Corp (MMM) had a gross margin of 39.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is 3M Corp's operating margin?

3M Corp (MMM) had an operating margin of 18.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is 3M Corp's net profit margin?

3M Corp (MMM) had a net profit margin of 13.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does 3M Corp pay dividends?

Yes, 3M Corp (MMM) paid $2.92 per share in dividends during fiscal year 2025.

What is 3M Corp's return on equity (ROE)?

3M Corp (MMM) has a return on equity of 69.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is 3M Corp's free cash flow?

3M Corp (MMM) generated $1.4B in free cash flow during fiscal year 2025. This represents a 118.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is 3M Corp's operating cash flow?

3M Corp (MMM) generated $2.3B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are 3M Corp's total assets?

3M Corp (MMM) had $37.7B in total assets as of fiscal year 2025, including both current and long-term assets.

What are 3M Corp's capital expenditures?

3M Corp (MMM) invested $910.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does 3M Corp buy back shares?

Yes, 3M Corp (MMM) spent $3.3B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does 3M Corp have outstanding?

3M Corp (MMM) had 527M shares outstanding as of fiscal year 2025.

What is 3M Corp's current ratio?

3M Corp (MMM) had a current ratio of 1.71 as of fiscal year 2025, which is generally considered healthy.

What is 3M Corp's debt-to-equity ratio?

3M Corp (MMM) had a debt-to-equity ratio of 2.33 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is 3M Corp's return on assets (ROA)?

3M Corp (MMM) had a return on assets of 8.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is 3M Corp's Altman Z-Score?

3M Corp (MMM) has an Altman Z-Score of 4.31, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is 3M Corp's Piotroski F-Score?

3M Corp (MMM) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are 3M Corp's earnings high quality?

3M Corp (MMM) has an earnings quality ratio of 0.71x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can 3M Corp cover its interest payments?

3M Corp (MMM) has an interest coverage ratio of 10.33x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is 3M Corp?

3M Corp (MMM) scores 46 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.