MMM Stock Analysis: 3M | NYSE
Conglomerates | NYSE, USA | Market Cap: 87.608m USD | 12M Return: 10.8% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 588M
EPS Trend: -74.1%
Qual. Beats: 1
Rev. Trend: -90.5%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
Average return per month, with how dependable it is below — did the month move the same way every year (high) or randomly (low). Above 60 is a pattern worth trusting; under 40 is noise.
3M Company (NYSE: MMM) is a global diversified technology and manufacturing firm operating across the Americas, Asia Pacific, Europe, the Middle East, and Africa through three core segments: Safety and Industrial, Transportation and Electronics, and Consumer. As an industrial conglomerate, 3M sells tens of thousands of products spanning abrasives, adhesives, tapes, respiratory protection, reflective materials, semiconductor production supplies, and consumer goods like Post-it notes and Command strips, reaching customers through both direct sales and a broad network of wholesalers, distributors, retailers, and e-commerce channels.
The Safety and Industrial segment is the largest, supplying products to construction, manufacturing, and electrical OEMs. The Transportation and Electronics segment serves automotive, electronics, semiconductor, and data center customers, while the Consumer segment distributes household cleaning, air quality, and office products primarily through retail. 3Ms business model relies on continuous R&D-driven product development, a strategy that has produced durable revenue streams since the companys founding in 1902 and its headquarters in Saint Paul, Minnesota.
- PFAS litigation settlement costs pressure free cash flow
- Solventum spinoff refocuses portfolio on industrials and consumer
- Consumer segment sales decline on weak discretionary demand
| Net Income: 2.79b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 5.99 > 1.0 |
| NWC/Revenue: 21.42% < 20% (prev 25.32%; Δ -3.89% < -1%) |
| CFO/TA 0.08 > 3% & CFO 2.96b > Net Income 2.79b |
| Net Debt (8.96b) to EBITDA (5.78b): 1.55 < 3 |
| Current Ratio: 1.59 > 1.5 & < 3 |
| Outstanding Shares: last quarter (532.8m) vs 12m ago -2.72% < -2% |
| Gross Margin: 39.51% > 18% (prev 40.82%; Δ -1.31% > 0.5%) |
| Asset Turnover: 66.39% > 50% (prev 61.36%; Δ 5.03% > 0%) |
| Interest Coverage Ratio: 4.91 > 6 (EBIT TTM 4.43b / Interest Expense TTM 903.0m) |
| A: 0.15 (Total Current Assets 14.4b - Total Current Liabilities 9.03b) / Total Assets 35.4b |
| B: 1.08 (Retained Earnings 38.2b / Total Assets 35.4b) |
| C: 0.12 (EBIT TTM 4.43b / Avg Total Assets 37.7b) |
| D: 0.10 (Book Value of Equity 3.26b / Total Liabilities 32.1b) |
| Altman-Z'' = 5.40 = AAA |
| DSRI: 1.05 (Receivables 3.75b/3.50b, Revenue 25.0b/24.5b) |
| GMI: 1.03 (GM 40.82% / 39.51%) |
| AQI: 0.97 (AQ_t 0.40 / AQ_t-1 0.41) |
| SGI: 1.02 (Revenue 25.0b / 24.5b) |
| TATA: -0.00 (NI 2.79b - CFO 2.96b) / TA 35.4b) |
| Beneish M = -2.96 (Cap -4..+1) = A |
As of June 30, 2026, the stock is trading at USD 164.01 with a total of 6,324,606 shares traded. Over the past week, the price has changed by +2.12%, over one month by +6.48%, over three months by +14.49% and over the past year by +10.82%.
Current recommended Stop Loss: 158.80 (which is 3.2% or 1.2 ATR below the current price).
3M has received a consensus analysts rating of 3.84. Therefore, it is recommended to buy MMM.
- StrongBuy: 9
- Buy: 2
- Hold: 5
- Sell: 2
- StrongSell: 1
| Analysts Target Price | 171 | 4.2% |
P/E Trailing = 32.3642
P/E Forward = 19.5695
P/S = 3.5009
P/B = 26.8488
P/EG = 1.7776
Revenue TTM = 25.0b USD
EBIT TTM = 4.43b USD
EBITDA TTM = 5.78b USD
Long Term Debt = 10.9b USD (from longTermDebt, last quarter)
Short Term Debt = 1.65b USD (from shortTermDebt, last quarter)
Debt = 13.1b USD (from shortLongTermDebtTotal, last quarter) + Leases 553.0m
Net Debt = 8.96b USD (calculated: Debt 13.1b - CCE 4.15b)
Enterprise Value = 96.6b USD (87.6b + Debt 13.1b - CCE 4.15b)
Interest Coverage Ratio = 4.91 (Ebit TTM 4.43b / Interest Expense TTM 903.0m)
EV/FCF = 46.88x (Enterprise Value 96.6b / FCF TTM 2.06b)
FCF Yield = 2.13% (FCF TTM 2.06b / Enterprise Value 96.6b)
FCF Margin = 8.23% (FCF TTM 2.06b / Revenue TTM 25.0b)
Net Margin = 11.14% (Net Income TTM 2.79b / Revenue TTM 25.0b)
Gross Margin = 39.51% ((Revenue TTM 25.0b - Cost of Revenue TTM 15.1b) / Revenue TTM)
Gross Margin QoQ = 40.73% (prev 33.56%)
Tobins Q-Ratio = 2.73 (Enterprise Value 96.6b / Total Assets 35.4b)
Interest Expense / Debt = 6.89% (Interest Expense 903.0m / Debt 13.1b)
Taxrate = 25.54% (959.0m / 3.75b)
NOPAT = 3.30b (EBIT 4.43b * (1 - 25.54%))
Current Ratio = 1.59 (Total Current Assets 14.4b / Total Current Liabilities 9.03b)
Debt / Equity = 4.02 (Debt 13.1b / totalStockholderEquity, last quarter 3.26b)
Debt / EBITDA = 1.55 (Net Debt 8.96b / EBITDA 5.78b)
Debt / FCF = 4.35 (Net Debt 8.96b / FCF TTM 2.06b)
Total Stockholder Equity = 4.22b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.39% (Net Income 2.79b / Total Assets 35.4b)
RoE = 66.03% (Net Income TTM 2.79b / Total Stockholder Equity 4.22b)
RoCE = 29.31% (EBIT 4.43b / Capital Employed (Equity 4.22b + L.T.Debt 10.9b))
RoIC = 12.32% (NOPAT 3.30b / Invested Capital 26.8b)
WACC = 8.46% (E(87.6b)/V(101b) * Re(8.96%) + D(13.1b)/V(101b) * Rd(6.89%) * (1-Tc(0.26)))
Discount Rate = 8.96% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -91.11 | Cagr: -1.83%
[DCF] Terminal Value 75.05% ; FCFF base≈2.06b ; Y1≈2.07b ; Y5≈2.19b
[DCF] Fair Price = 46.95 (EV 33.4b - Net Debt 8.96b = Equity 24.5b / Shares 521.6m; r=8.46% [WACC]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: -74.07 | EPS CAGR: -6.88% | SUE: 1.92 | # QB: 1
Revenue Correlation: -90.51 | Revenue CAGR: -11.92% | SUE: 0.04 | # QB: 0
EPS next Quarter (2026-09-30): EPS=2.36 | Chg30d=+0.37% | Revisions=-38% | Analysts=14
EPS current Year (2026-12-31): EPS=8.70 | Chg30d=+0.02% | Revisions=+25% | GrowthEPS=+7.9% | GrowthRev=+3.4%
EPS next Year (2027-12-31): EPS=9.47 | Chg30d=+0.16% | Revisions=+47% | GrowthEPS=+8.9% | GrowthRev=+3.4%
[Analyst] Revisions Ratio: +47%