3M CO (MMM) Factsheet

3M CO (MMM) Stock Analysis

Analysis from 10-Q filed 2026-10-20. Data as of Q3 2026.

Overall Grade: F (Concerning)

Grade F (Concerning). ROIC 18.6%. FCF margin 10.6%. D/E 3.6x. Source: 10-Q filed 2026-10-20.

Metric	Value	Context
ROIC	18.6%	Solid returns
FCF Margin	10.6%	Healthy cash flow
Debt/Equity	3.6x	Elevated debt

ROIC 18.6% — Top 25% of sector peers. FCF margin 10.6% — Top 50%.

Explore 3M CO: Earnings History | Overview

Programmatic access: Available via MCP at mcp.metricduck.com. Tools for MMM: get_company_overview, get_filing_index (lens: debt_stress, management_outlook, risk_trajectory), get_filing_section, get_metric_history, compare_companies, screen_filing_signals.

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Profitability: 3M CO earns 18.6% ROIC, Top 25% in Healthcare

ROIC TTM 18.6%, sector median -8.0%, Top 25%. DuPont: NOPAT margin 15.2% × asset turnover 0.7x. Gross margin 39.5%. Operating margin 18.8%. Source: 10-Q filed 2026-10-20.

Metric	MMM	Rating	Context
Return on Invested Capital (ROIC)	18.6%	Good	Above sector median of -8.0%
Return on Equity (ROE)	92.5%	Excellent	Efficient use of shareholder equity
Gross Margin	39.5%	Good	Competitive pricing environment
Operating Margin	18.8%	Good	Efficient operations

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Cash Flow: 3M CO generates $2.7B FCF at 10.6% margin, positive NaN/8 quarters

FCF TTM $2.7B. FCF margin 10.6%, Top 50%. OCF/Net income 1.0x. Positive FCF in NaN/8 trailing quarters. Source: 10-Q filed 2026-10-20.

Metric	MMM	Rating	Context
Free Cash Flow Margin	10.6%	Good	Healthy cash generation
Free Cash Flow (TTM)	$2.7B	Good	Positive cash generation
OCF/Net Income	1.0x	Excellent	High earnings quality
FCF Consistency (8Q)	N/A	Warning	Variable cash flow

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Balance Sheet: 3M CO at 3.6x leverage, 5.5x interest coverage

Debt/Equity 3.6x. Total debt $15.0B, cash & investments $5.1B. Interest coverage 5.5x. Source: 10-Q filed 2026-10-20.

Metric	MMM	Rating	Context
Debt to Equity	3.6x	Red flag	Elevated leverage
Net Cash Position	$-9.9B	Warning	Net debt position
Interest Coverage	5.5x	Good	Comfortable debt service

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Valuation: 3M CO trades at 27.3x earnings

P/E 27.3x. EV/Sales 4.2x. FCF yield 2.8%. Dividend yield 1.6%. Source: 10-Q filed 2026-10-20.

Metric	MMM	Rating	Context
P/E Ratio	27.3x	Adequate	Premium valuation
EV/Sales	4.2x	Good	Growth premium priced in
FCF Yield	2.8%	Adequate	Lower cash yield
Dividend Yield	1.6%	Adequate	Growth focus over income

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Capital Allocation: 3M CO returns 5.6% shareholder yield, reducing shares 2.7% YoY

Total shareholder yield 5.6% (div 1.6% + buyback 3.9%). Share count -2.7% YoY. Capital returned $5.4B TTM. Source: 10-Q filed 2026-10-20.

Metric	MMM	Rating	Context
Total Shareholder Yield	5.6%	Good	Dividend + buyback yield combined
Buyback Yield	3.9%	Good	Active share repurchases
Share Count Change (YoY)	-2.7%	Good	Net share reduction (accretive)
Total Capital Returned (TTM)	$5.4B	Good	Dividends + buybacks returned to shareholders

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Sector Rankings

Metric	Value	Percentile	vs Median
Return on Invested Capital (ROIC)	18.6%	Top 25%	-
Free Cash Flow Margin	10.6%	Top 50%	3.3x above
Gross Margin	39.5%	Bottom 25%	0.6x below
Operating Margin	18.8%	Top 25%	-
Return on Equity (ROE)	92.5%	Top 5%	-
P/E Ratio	27.3x	N/A	-

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Financial Scorecard

Metric	MMM	Rating	Sector Context
Return on Invested Capital (ROIC)	18.6%	Good	Top 25% of sector (median: -8.0%)
Free Cash Flow Margin	10.6%	Good	Top 50% of sector (median: 3.3%)
Gross Margin	39.5%	Good	Bottom 25% of sector (median: 63.9%)
Debt to Equity Ratio	363.4%	Red flag	High financial leverage
P/E Ratio (Price-to-Earnings)	27.3x	Adequate	Growth premium
Free Cash Flow Yield	2.8%	Warning	Growth-focused valuation

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Frequently Asked Questions

Q: What is 3M CO's Return on Invested Capital (ROIC)?

3M CO (MMM) has a trailing twelve-month Return on Invested Capital (ROIC) of 18.6%. The 8-quarter median ROIC is 19.3% with a improving trend. Sector median -8.0%. Source: 10-Q filed 2026-10-20.

Q: What is 3M CO's Free Cash Flow Margin?

3M CO (MMM) has a free cash flow margin of 10.6%, generating $2.7 billion in free cash flow over the trailing twelve months. Source: 10-Q filed 2026-10-20.

Q: What is 3M CO's P/E ratio and how does it compare to peers?

3M CO (MMM) trades at a P/E ratio of 27.3x, which is above the sector median of N/A. EV/Sales 4.2x. FCF yield 2.8%. Source: 10-Q filed 2026-10-20.

Q: Does 3M CO pay a dividend?

3M CO (MMM) currently pays a dividend yield of 1.6%. Total shareholder yield (dividend + buybacks) 5.6%. Source: 10-Q filed 2026-10-20.

Q: How much debt does 3M CO have?

3M CO (MMM) has a debt-to-equity ratio of 3.6x with total debt of $15.0 billion. Interest coverage 5.5x. Net debt $9.9 billion. Source: 10-Q filed 2026-10-20.

Q: What is 3M CO's revenue and earnings growth?

3M CO (MMM) grew revenue by 1.7% year-over-year. EPS +6.7% YoY. Source: 10-Q filed 2026-10-20.

Q: Is 3M CO buying back stock?

3M CO (MMM) repurchased $3.8 billion of stock over the trailing twelve months. This represents a buyback yield of 3.9%. Share count -2.7% YoY. Source: 10-Q filed 2026-10-20.

Q: How does 3M CO compare to competitors in Healthcare?

Compared to other companies in Healthcare, 3M CO (MMM) shows: ROIC 18.6%, sector median -8.0% (Top 25%). FCF margin 10.6%, sector median 3.3% (Top 50%). Gross margin 39.5%, 24.3pp below sector median. These rankings are based on MetricDuck's analysis of all Healthcare companies with available SEC filings.

Q: What warning signs should I watch for with 3M CO?

Quantitative warning flags for 3M CO (MMM): 1) debt/equity 3.6x (above 1.5x threshold). Source: 10-Q filed 2026-10-20.

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Data Source: Data sourced from 10-Q filed 2026-10-20. TTM metrics as of Q3 2026.

Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.

Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.

This analysis is for informational purposes only and does not constitute investment advice.