(MMM) 3M - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US88579Y1010

Abrasives, Adhesives, Films, Respirators, Tapes

Industrial Conglomerates
Market Cap in USD: 88,012m

IPO / Inception: 1970-01-02
12m vs SPY: 3.56%

EPS (Earnings per Share)

EPS CAGR: -1.41%
EPS Trend: -53.6%

Last SUE: 0.43
Qual. Beats: 0

Revenue

Rev. CAGR: -7.16%
Rev. Trend: -87.6%

Last SUE: 0.31
Qual. Beats: 0

Dividends

Dividend Yield	1.89%
Yield on Cost 5y	2.54%
Yield CAGR 5y	-16.20%
Payout Consistency	98.2%
Payout Ratio	36.9%

Risk via 5d forecast
Volatility	27.7%
Value at Risk 5%th	38.8%
Relative Tail Risk	-14.85%

Reward TTM
Sharpe Ratio	0.77
Alpha	6.85
CAGR/Max DD	0.64

Character TTM
Hurst Exponent	0.383
Beta	1.043
Beta Downside	1.144

Drawdowns 3y
Max DD	30.99%
Mean DD	9.93%
Median DD	6.82%

Description: MMM 3M December 03, 2025

3M (NYSE:MMM) is a diversified technology conglomerate operating worldwide across three segments: Safety & Industrial, Transportation & Electronics, and Consumer. The Safety & Industrial line supplies abrasives, personal-hygiene and protective equipment, adhesives, and construction-grade electrical products. The Transportation & Electronics segment focuses on ceramic solutions, bonding films, reflective signage, and semiconductor-related materials for automotive and data-center applications. The Consumer segment markets household cleaners, air-quality devices, office supplies, and personal-care bandages, reaching customers through e-commerce, wholesale distributors, and direct sales.

Key recent metrics: FY 2023 revenue was $35.5 billion, with an operating margin of roughly 15% and diluted EPS of $5.48, supporting a dividend yield near 3.5% and a 12-year streak of annual increases. Core drivers include global construction spending (a leading indicator for the Safety & Industrial product mix), automotive production volumes (fueling demand for adhesive and reflective solutions), and the ongoing semiconductor supply-chain rebound (boosting the Transportation & Electronics segment). 3M’s R&D spend remains above $1.5 billion annually, reflecting its commitment to innovation in high-growth areas such as data-center cooling and advanced filtration.

For a deeper, data-driven valuation of MMM, you might explore the analytical tools on ValueRay to see how these fundamentals translate into forward-looking price scenarios.

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income (3.40b TTM) > 0 and > 6% of Revenue (6% = 1.49b TTM)

FCFTA 0.04 (>2.0%) and ΔFCFTA 2.41pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 29.63% (prev 18.47%; Δ 11.17pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.07 (>3.0%) and CFO 2.54b <= Net Income 3.40b (YES >=105%, WARN >=100%)

Net Debt (8.86b) to EBITDA (6.38b) ratio: 1.39 <= 3.0 (WARN <= 3.5)

Current Ratio 1.84 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (542.1m) change vs 12m ago -1.92% (target <= -2.0% for YES)

Gross Margin 40.61% (prev 41.93%; Δ -1.31pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 63.26% (prev 65.02%; Δ -1.76pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 5.35 (EBITDA TTM 6.38b / Interest Expense TTM 969.0m) >= 6 (WARN >= 3)

Altman Z'' 6.53

(A) 0.20 = (Total Current Assets 16.09b - Total Current Liabilities 8.73b) / Total Assets 37.61b

(B) 1.01 = Retained Earnings (Balance) 38.10b / Total Assets 37.61b

warn (B) unusual magnitude: 1.01 — check mapping/units

(D) 1.00 = Book Value of Equity 32.99b / Total Liabilities 32.94b

Total Rating: 6.53 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 58.66

1. Piotroski 5.0pt

2. FCF Yield 1.64%

3. FCF Margin 6.40%

4. Debt/Equity 2.92

5. Debt/Ebitda 1.39

6. ROIC - WACC (= 13.22)%

7. RoE 78.98%

8. Rev. Trend -87.60%

9. EPS Trend -53.64%

What is the price of MMM shares?

As of January 13, 2026, the stock is trading at USD 165.24 with a total of 1,782,430 shares traded.
Over the past week, the price has changed by +1.03%, over one month by -1.99%, over three months by +9.83% and over the past year by +25.08%.

Is MMM a buy, sell or hold?

3M has received a consensus analysts rating of 3.84. Therefore, it is recommended to buy MMM.

Strong Buy: 9
Buy: 2
Hold: 5
Sell: 2
Strong Sell: 1

What are the forecasts/targets for the MMM price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	174.6	5.6%
Analysts Target Price	174.6	5.6%
ValueRay Target Price	180.5	9.2%

MMM Fundamental Data Overview January 10, 2026

P/E Trailing = 26.3962
P/E Forward = 18.9036
P/S = 3.5453
P/B = 18.6996
P/EG = 3.2566
Beta = 1.159
Revenue TTM = 24.82b USD
EBIT TTM = 5.18b USD
EBITDA TTM = 6.38b USD
Long Term Debt = 11.85b USD (from longTermDebt, last quarter)
Short Term Debt = 923.0m USD (from shortTermDebt, last quarter)
Debt = 13.54b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 8.86b USD (from netDebt column, last quarter)
Enterprise Value = 96.88b USD (88.01b + Debt 13.54b - CCE 4.67b)
Interest Coverage Ratio = 5.35 (Ebit TTM 5.18b / Interest Expense TTM 969.0m)
EV/FCF = 61.00x (Enterprise Value 96.88b / FCF TTM 1.59b)
FCF Yield = 1.64% (FCF TTM 1.59b / Enterprise Value 96.88b)
FCF Margin = 6.40% (FCF TTM 1.59b / Revenue TTM 24.82b)
Net Margin = 13.70% (Net Income TTM 3.40b / Revenue TTM 24.82b)
Gross Margin = 40.61% ((Revenue TTM 24.82b - Cost of Revenue TTM 14.74b) / Revenue TTM)
Gross Margin QoQ = 41.81% (prev 41.76%)
Tobins Q-Ratio = 2.58 (Enterprise Value 96.88b / Total Assets 37.61b)
Interest Expense / Debt = 1.71% (Interest Expense 232.0m / Debt 13.54b)
Taxrate = 26.81% (308.0m / 1.15b)
NOPAT = 3.80b (EBIT 5.18b * (1 - 26.81%))
Current Ratio = 1.84 (Total Current Assets 16.09b / Total Current Liabilities 8.73b)
Debt / Equity = 2.92 (Debt 13.54b / totalStockholderEquity, last quarter 4.63b)
Debt / EBITDA = 1.39 (Net Debt 8.86b / EBITDA 6.38b)
Debt / FCF = 5.58 (Net Debt 8.86b / FCF TTM 1.59b)
Total Stockholder Equity = 4.31b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.67% (Net Income 3.40b / Total Assets 37.61b)
RoE = 78.98% (Net Income TTM 3.40b / Total Stockholder Equity 4.31b)
RoCE = 32.09% (EBIT 5.18b / Capital Employed (Equity 4.31b + L.T.Debt 11.85b))
RoIC = 21.84% (NOPAT 3.80b / Invested Capital 17.37b)
WACC = 8.63% (E(88.01b)/V(101.55b) * Re(9.76%) + D(13.54b)/V(101.55b) * Rd(1.71%) * (1-Tc(0.27)))
Discount Rate = 9.76% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.20%
[DCF Debug] Terminal Value 74.15% ; FCFF base≈1.25b ; Y1≈1.13b ; Y5≈979.4m
Fair Price DCF = 12.86 (EV 15.69b - Net Debt 8.86b = Equity 6.83b / Shares 531.2m; r=8.63% [WACC]; 5y FCF grow -11.81% → 2.90% )
EPS Correlation: -53.64 | EPS CAGR: -1.41% | SUE: 0.43 | # QB: 0
Revenue Correlation: -87.60 | Revenue CAGR: -7.16% | SUE: 0.31 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.00 | Chg30d=+0.001 | Revisions Net=+2 | Analysts=7
EPS next Year (2026-12-31): EPS=8.65 | Chg30d=-0.000 | Revisions Net=+8 | Growth EPS=+7.5% | Growth Revenue=+3.2%

Additional Sources for MMM Stock

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Fund Manager Positions: Dataroma | Stockcircle